Oblong Financials

OBLG Stock  USD 3.29  0.07  2.17%   
Based on the key indicators obtained from Oblong's historical financial statements, Oblong Inc may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. At this time, Oblong's Cash And Short Term Investments are most likely to increase significantly in the upcoming years. The Oblong's current Common Stock Shares Outstanding is estimated to increase to about 146.9 K, while Total Current Liabilities is projected to decrease to roughly 1.3 M. Key indicators impacting Oblong's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.00290.0031
Notably Down
Slightly volatile
Current Ratio5.184.9328
Sufficiently Up
Slightly volatile
The essential information of the day-to-day investment outlook for Oblong includes many different criteria found on its balance sheet. An individual investor should monitor Oblong's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Oblong.

Net Income

(4.6 Million)

  
Understanding current and past Oblong Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Oblong's financial statements are interrelated, with each one affecting the others. For example, an increase in Oblong's assets may result in an increase in income on the income statement.

Oblong Earnings Geography

Oblong Stock Summary

Oblong competes with Full Truck, Kingsoft Cloud, Bm Technologies, EPlus, and Infobird. Oblong Inc., together with its subsidiaries, provides multi-stream collaboration technologies and managed services for video collaboration and network applications in the United States and internationally. Further, it provides professional services, such as software development, visual and interaction design, engineering, and project support services and resells video equipment to its customers. Oblong operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 47 people.
Specialization
Information Technology, Software - Application
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS6744341057
CUSIP674434105 379887201 674434204 674434303 379887508 379887102 926707100 976521104
LocationColorado; U.S.A
Business Address110 16th Street,
SectorSoftware
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.oblong.com
Phone213) 683 8863
CurrencyUSD - US Dollar

Oblong Key Financial Ratios

Oblong Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets34.9M29.1M28.6M5.7M6.9M6.6M
Other Current Liab1.1M751K608K703K805K845.3K
Net Debt4.3M(1.2M)(8.2M)(2.8M)(5.5M)(5.2M)
Retained Earnings(185.4M)(192.9M)(201.9M)(223.8M)(228.2M)(216.8M)
Accounts Payable647K313K259K184K211K200.5K
Cash4.5M5.1M8.9M3.1M5.5M2.8M
Net Receivables2.5M3.2M849K731K424K402.8K
Inventory1.8M920K1.8M723K239K227.1K
Other Current Assets209K691K1.1M90K243K230.9K
Total Liab13.1M7.1M3.1M2.0M1.4M1.4M
Total Current Assets9.9M10.0M12.8M4.9M6.9M9.2M
Short Term Debt4.0M2.8M492K219K17K16.2K
Intangible Assets12.6M10.1M7.6M604K543.6K516.4K
Net Tangible Assets1.3M4.6M10.6M3.0M3.5M3.6M
Capital Surpluse183.1M185.0M207.4M215.1M247.4M201.5M
Long Term Debt369K4.6M2.8M403K362.7K344.6K
Other Assets71K1.1M109K40K1.00.95

Oblong Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense187K371K22K19K28K26.6K
Total Revenue12.8M15.3M7.7M5.5M3.8M3.6M
Gross Profit5.4M8.1M2.7M1.5M911K865.5K
Ebit(5.3M)(7.0M)(9.1M)(22.3M)(4.3M)(4.5M)
Ebitda(3.9M)(2.8M)(5.9M)(20.0M)(4.0M)(4.2M)
Cost Of Revenue7.4M7.3M5.0M3.9M2.9M2.8M
Operating Income(5.3M)(8.9M)(11.5M)(9.2M)(4.5M)(4.7M)
Income Before Tax(7.8M)(7.3M)(9.1M)(21.9M)(4.4M)(4.6M)
Net Income(7.9M)(7.4M)(9.1M)(21.9M)(4.4M)(4.6M)
Income Tax Expense187K103K(90K)(7K)27K25.7K
Research Development2.0M3.7M2.9M1.7M20K19K
Tax Provision0.0103K(90K)(7K)23K24.2K
Interest Income311K97K227K59K166K157.7K
Net Interest Income(187K)(352K)(22K)40K23K24.2K

Oblong Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash2.6M675K3.7M(5.9M)2.9M3.1M
Free Cash Flow(3.3M)(6.6M)(7.8M)(5.9M)(3.0M)(3.1M)
Depreciation1.3M4.1M3.2M1.9M345K327.8K
Other Non Cash Items90K114K(2.0M)13.6M335K318.3K
Capital Expenditures335K45K38K50K11K0.0
End Period Cash Flow4.6M5.3M9M3.1M6.0M6.3M
Change To Inventory19K820K(901K)615K484K508.2K
Net Income(7.8M)(7.4M)(9.1M)(21.9M)(4.4M)(4.6M)
Change To Netincome2.4M(1.5M)(1.1M)13.4M15.4M16.2M
Investments(335K)2.1M(31K)(49K)19K0.0

Oblong Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Oblong's current stock value. Our valuation model uses many indicators to compare Oblong value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Oblong competition to find correlations between indicators driving Oblong's intrinsic value. More Info.
Oblong Inc is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Oblong's Return On Equity is most likely to slightly decrease in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Oblong by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Oblong Inc Systematic Risk

Oblong's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Oblong volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Oblong Inc correlated with the market. If Beta is less than 0 Oblong generally moves in the opposite direction as compared to the market. If Oblong Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Oblong Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Oblong is generally in the same direction as the market. If Beta > 1 Oblong moves generally in the same direction as, but more than the movement of the benchmark.

About Oblong Financials

What exactly are Oblong Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Oblong's income statement, its balance sheet, and the statement of cash flows. Potential Oblong investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Oblong investors may use each financial statement separately, they are all related. The changes in Oblong's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Oblong's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Oblong Thematic Clasifications

Oblong Inc is part of Communication investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Communication industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
CommunicationView
This theme covers USA Equities from Communication industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Oblong Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Oblong's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Oblong growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.002645

At this time, Oblong's Price Earnings To Growth Ratio is most likely to increase slightly in the upcoming years.

Oblong November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Oblong help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Oblong Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Oblong Inc based on widely used predictive technical indicators. In general, we focus on analyzing Oblong Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Oblong's daily price indicators and compare them against related drivers.

Complementary Tools for Oblong Stock analysis

When running Oblong's price analysis, check to measure Oblong's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Oblong is operating at the current time. Most of Oblong's value examination focuses on studying past and present price action to predict the probability of Oblong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oblong's price. Additionally, you may evaluate how the addition of Oblong to your portfolios can decrease your overall portfolio volatility.
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