Optical Cable Financials

OCC Stock  USD 5.47  0.04  0.74%   
Based on the measurements of operating efficiency obtained from Optical Cable's historical financial statements, Optical Cable is not in a good financial situation at this time. It has a very high probability of going through financial hardship in March. At present, Optical Cable's Total Stockholder Equity is projected to decrease significantly based on the last few years of reporting. The current year's Property Plant And Equipment Net is expected to grow to about 9.2 M, whereas Total Assets are forecasted to decline to about 44.8 M. Key indicators impacting Optical Cable's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.310.47
Way Down
Slightly volatile
Current Ratio2.212.32
Sufficiently Down
Slightly volatile
The essential information of the day-to-day investment outlook for Optical Cable includes many different criteria found on its balance sheet. An individual investor should monitor Optical Cable's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Optical Cable.

Net Income

(3.6 Million)

  
Please note, the presentation of Optical Cable's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Optical Cable's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Optical Cable's management manipulating its earnings.

Optical Cable Stock Summary

Optical Cable competes with Comtech Telecommunicatio, Silicom, Knowles Cor, Mynaric AG, and Telesat Corp. Optical Cable Corporation, together with its subsidiaries, manufactures and sells fiber optic and copper data communications cabling and connectivity solutions primarily for the enterprise market in the United States and internationally. Optical Cable Corporation was incorporated in 1983 and is headquartered in Roanoke, Virginia. Optical Cable operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. It employs 322 people.
Foreign Associate
  Germany
Specialization
Information Technology, Technology Hardware & Equipment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS6838272085
CUSIP683827208 683827109
LocationVirginia; U.S.A
Business Address5290 Concourse Drive,
SectorCommunications Equipment
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.occfiber.com
Phone540 265 0690
CurrencyUSD - US Dollar

Optical Cable Key Financial Ratios

Optical Cable Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets37.9M40.6M43.9M40.4M46.4M44.8M
Other Current Liab1.9M1.6M2.2M531.6K611.4K580.8K
Net Debt8.2M10.3M9.5M10.7M12.3M12.9M
Retained Earnings7.9M7.5M9.6M5.4M4.8M4.6M
Accounts Payable3.8M4.9M5.3M5.2M6.0M4.2M
Cash132K216K1.5M244.2K219.8K208.8K
Net Receivables10.6M11.0M9.2M11.0M12.7M11.4M
Inventory16.3M19.4M23.8M18.7M21.5M15.2M
Other Current Assets2.8M540.2K595.5K618.9K711.8K1.2M
Total Liab15.7M18.4M19.2M19.5M22.4M14.3M
Total Current Assets27.6M31.2M35.0M30.6M35.2M30.3M
Short Term Debt744.4K338.1K52.6K8.4M7.5M7.9M
Common Stock14.3M14.6M15.1M15.5M17.8M18.7M
Other Assets57.4K492.4K562.0K520.1K468.1K463.7K
Other Liab71.3K877.0K652.1K219.5K197.6K187.7K
Long Term Debt8.0M10.2M10.9M2.6M2.3M2.2M
Intangible Assets665.7K646.9K618.1K566.2K509.6K552.7K
Net Tangible Assets20.6M14.6M21.6M21.5M19.4M19.8M

Optical Cable Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense690.4K768K1.2M1.2M1.0M1.0M
Total Revenue59.1M69.1M72.2M66.7M76.7M67.0M
Gross Profit16.3M20.5M22.3M18.2M16.4M17.1M
Operating Income(2.0M)473K993.1K(3.4M)(3.0M)(2.9M)
Ebit(811.6K)1.5M3.4M(3.0M)(2.7M)(2.6M)
Ebitda(766.6K)1.5M4.3M(2.2M)(1.9M)(1.8M)
Cost Of Revenue42.9M48.6M49.9M48.5M55.7M43.6M
Income Before Tax6.6M(322K)2.2M(4.2M)(3.8M)(3.6M)
Net Income6.6M(347K)2.1M(4.2M)(3.8M)(3.6M)
Income Tax Expense(20K)25K145.7K20.7K18.6K17.7K
Research Development1.1M928K973K983K884.7K948.5K
Tax Provision(19.9K)24.7K145.7K20.7K18.6K17.7K
Net Interest Income(690.4K)(768.3K)(1.2M)(1.2M)(1.0M)(1.1M)

Optical Cable Key Cash Accounts

202020212022202320242025 (projected)
Change To Inventory796.0K(3.1M)(4.3M)5.0M5.8M6.1M
Change In Cash(8.6K)83.7K1.3M(1.2M)(1.1M)(1.0M)
Free Cash Flow1.9M(1.9M)(918.5K)(1.2M)(1.1M)(1.1M)
Depreciation1.2M1.1M946.5K865.9K995.7K1.7M
Other Non Cash Items(4.9M)30.4K(2.2M)(279.9K)(251.9K)(239.3K)
Capital Expenditures192.9K302.6K522.8K371.5K334.3K317.6K
Net Income6.6M(347.1K)2.1M(4.2M)(3.8M)(3.6M)
End Period Cash Flow132.2K215.9K1.5M244.2K219.8K208.8K
Change To Netincome1.0M577.8K(4.6M)442.4K398.1K483.0K
Net Borrowings2.1M3.6M(1.8M)2.2M2.5M2.6M
Investments(192.9K)(292.5K)1.4M(67.1K)(77.2K)(81.1K)

Optical Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Optical Cable's current stock value. Our valuation model uses many indicators to compare Optical Cable value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Optical Cable competition to find correlations between indicators driving Optical Cable's intrinsic value. More Info.
Optical Cable is regarded fifth in return on equity category among its peers. It is rated below average in return on asset category among its peers . At present, Optical Cable's Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Optical Cable's earnings, one of the primary drivers of an investment's value.

Optical Cable Systematic Risk

Optical Cable's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Optical Cable 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 fourty-five with a total number of output elements of sixteen. The Beta measures systematic risk based on how returns on Optical Cable correlated with the market. If Beta is less than 0 Optical Cable generally moves in the opposite direction as compared to the market. If Optical Cable Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Optical Cable is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Optical Cable is generally in the same direction as the market. If Beta > 1 Optical Cable moves generally in the same direction as, but more than the movement of the benchmark.

About Optical Cable Financials

What exactly are Optical Cable 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 Optical Cable's income statement, its balance sheet, and the statement of cash flows. Potential Optical Cable investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Optical Cable investors may use each financial statement separately, they are all related. The changes in Optical Cable's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Optical Cable'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.

Optical Cable Thematic Clasifications

Optical Cable is part of several thematic ideas from Steel Works Etc to Iron. 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. Get More Thematic Ideas
Today, most investors in Optical Cable Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Optical Cable'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 Optical Cable growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.016

At present, Optical Cable's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Optical Cable January 31, 2025 Opportunity Range

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

Complementary Tools for Optical Stock analysis

When running Optical Cable's price analysis, check to measure Optical Cable'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 Optical Cable is operating at the current time. Most of Optical Cable's value examination focuses on studying past and present price action to predict the probability of Optical Cable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Optical Cable's price. Additionally, you may evaluate how the addition of Optical Cable to your portfolios can decrease your overall portfolio volatility.
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