Opthea Stock Debt To Equity

OPT Stock

USD 3.17 0.01 0.32%

Opthea fundamentals help investors to digest information that contributes to Opthea's financial success or failures. It also enables traders to predict the movement of Opthea Stock. The fundamental analysis module provides a way to measure Opthea's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Opthea stock.

		Last Reported	Projected for Next Year
	Debt To Equity	(2.15)	(2.04)

Debt To Equity is likely to gain to -2.04 in 2024.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Opthea Company Debt To Equity Analysis

Opthea's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.

Current Opthea Debt To Equity

-2.04

Most of Opthea's fundamental indicators, such as Debt To Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Opthea is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Opthea Debt To Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Opthea is extremely important. It helps to project a fair market value of Opthea Stock properly, considering its historical fundamentals such as Debt To Equity. Since Opthea's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Opthea's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Opthea's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Good Will	Total Liab	Total Current Assets	Common Stock	Short Term Debt	Accounts Payable	Intangible Assets	Net Tangible Assets	Net Invested Capital	Net Working Capital	Property Plant Equipment	Capital Stock	Current Deferred Revenue	Long Term Debt
Total Assets		-0.34	0.01	-0.92	0.84	0.44	0.87	1.0	0.96	0.64	0.88	0.06	-0.34	0.19	0.79	0.51	0.88	-0.87	-0.79
Total Stockholder Equity	-0.34		-0.8	0.61	-0.42	-0.12	-0.75	-0.33	-0.45	0.16	-0.71	0.2	0.89	0.55	0.03	-0.28	-0.38	0.14	0.69
Net Debt	0.01	-0.8		-0.2	0.1	-0.02	0.42	-0.01	0.05	-0.44	0.36	-0.25	-0.55	-0.26	-0.29	-0.12	-0.05	0.26	-0.53
Retained Earnings	-0.92	0.61	-0.2		-0.87	-0.41	-0.96	-0.91	-0.98	-0.53	-0.98	0.0	0.65	0.15	-0.6	-0.52	-0.92	0.84	0.81
Net Receivables	0.84	-0.42	0.1	-0.87		0.43	0.8	0.85	0.88	0.56	0.85	0.07	-0.48	-0.03	0.53	0.57	0.81	-0.78	-0.72
Good Will	0.44	-0.12	-0.02	-0.41	0.43		0.37	0.44	0.45	0.81	0.41	0.87	-0.22	-0.01	0.22	0.23	0.33	-0.32	-0.35
Total Liab	0.87	-0.75	0.42	-0.96	0.8	0.37		0.87	0.91	0.36	0.98	-0.07	-0.7	-0.15	0.53	0.5	0.8	-0.68	-0.91
Total Current Assets	1.0	-0.33	-0.01	-0.91	0.85	0.44	0.87		0.96	0.64	0.88	0.05	-0.33	0.2	0.79	0.55	0.88	-0.86	-0.79
Common Stock	0.96	-0.45	0.05	-0.98	0.88	0.45	0.91	0.96		0.64	0.94	0.05	-0.51	-0.03	0.67	0.51	0.93	-0.91	-0.79
Short Term Debt	0.64	0.16	-0.44	-0.53	0.56	0.81	0.36	0.64	0.64		0.43	0.7	-0.02	0.19	0.55	0.29	0.61	-0.71	-0.25
Accounts Payable	0.88	-0.71	0.36	-0.98	0.85	0.41	0.98	0.88	0.94	0.43		-0.02	-0.71	-0.18	0.5	0.48	0.84	-0.75	-0.89
Intangible Assets	0.06	0.2	-0.25	0.0	0.07	0.87	-0.07	0.05	0.05	0.7	-0.02		0.05	0.0	0.0	0.04	0.02	-0.04	0.1
Net Tangible Assets	-0.34	0.89	-0.55	0.65	-0.48	-0.22	-0.7	-0.33	-0.51	-0.02	-0.71	0.05		0.79	0.12	-0.27	-0.45	0.26	0.55
Net Invested Capital	0.19	0.55	-0.26	0.15	-0.03	-0.01	-0.15	0.2	-0.03	0.19	-0.18	0.0	0.79		0.57	0.01	0.01	-0.1	0.04
Net Working Capital	0.79	0.03	-0.29	-0.6	0.53	0.22	0.53	0.79	0.67	0.55	0.5	0.0	0.12	0.57		0.57	0.76	-0.71	-0.38
Property Plant Equipment	0.51	-0.28	-0.12	-0.52	0.57	0.23	0.5	0.55	0.51	0.29	0.48	0.04	-0.27	0.01	0.57		0.58	-0.37	-0.3
Capital Stock	0.88	-0.38	-0.05	-0.92	0.81	0.33	0.8	0.88	0.93	0.61	0.84	0.02	-0.45	0.01	0.76	0.58		-0.9	-0.56
Current Deferred Revenue	-0.87	0.14	0.26	0.84	-0.78	-0.32	-0.68	-0.86	-0.91	-0.71	-0.75	-0.04	0.26	-0.1	-0.71	-0.37	-0.9		0.53
Long Term Debt	-0.79	0.69	-0.53	0.81	-0.72	-0.35	-0.91	-0.79	-0.79	-0.25	-0.89	0.1	0.55	0.04	-0.38	-0.3	-0.56	0.53

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High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.

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Debt To Equity Over Time

Opthea Total Stockholder Equity

Total Stockholder Equity

(72.02 Million)

At this time, Opthea's Total Stockholder Equity is comparatively stable compared to the past year.

Opthea Debt To Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Opthea's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Opthea could also be used in its relative valuation, which is a method of valuing Opthea by comparing valuation metrics of similar companies.

Opthea is currently under evaluation in debt to equity category among its peers.

Opthea Current Valuation Drivers

We derive many important indicators used in calculating different scores of Opthea from analyzing Opthea's financial statements. These drivers represent accounts that assess Opthea's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Opthea's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	614.8M	341.5M	283.1M	171.9M	146.8M	154.1M
Enterprise Value	553.0M	184.2M	218.2M	38.2M	116.0M	121.8M

Opthea ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Opthea's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Opthea's managers, analysts, and investors.

Environmental

Governance

Social

Opthea Fundamentals

	Return On Equity	-33.83
	Return On Asset	-0.83
	Current Valuation	454 M
	Shares Outstanding	153.89 M
	Shares Owned By Institutions	3.57 %
	Number Of Shares Shorted	73.55 K
	Price To Book	4.31 X
	Price To Sales	1,857 X
	Revenue	261.86 K
	Gross Profit	218.45 K
	EBITDA	(200.02 M)
	Net Income	(220.24 M)
	Cash And Equivalents	44.63 M
	Cash Per Share	1.01 X
	Total Debt	200.63 M
	Current Ratio	4.97 X
	Book Value Per Share	(0.07) X
	Cash Flow From Operations	(161.02 M)
	Short Ratio	1.86 X
	Earnings Per Share	(2.76) X
	Target Price	12.17
	Number Of Employees	33
	Beta	1.54
	Market Capitalization	486.27 M
	Total Asset	188.79 M
	Retained Earnings	(579.7 M)
	Working Capital	124.14 M
	Net Asset	188.79 M

About Opthea Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Opthea's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Opthea using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Opthea based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Opthea Stock Analysis

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

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