Opthea Stock Working Capital

OPT Stock

USD 3.16 0.03 0.96%

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
Net Working Capital	124.1 M	78.7 M
Change In Working Capital	17.3 M	18.2 M

Change In Working Capital is likely to gain to about 18.2 M in 2024, whereas Net Working Capital is likely to drop slightly above 78.7 M 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 Working Capital Analysis

Opthea's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

Current Assets

-

Current Liabilities

More About Working Capital | All Equity Analysis

Current Opthea Working Capital

124.14 M

Most of Opthea's fundamental indicators, such as Working Capital, 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 Working Capital 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 Working Capital. 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

Click cells to compare fundamentals

Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.

Competition

Predict Opthea

Working Capital Over Time

Opthea Net Invested Capital

Net Invested Capital

43.18 Million

At this time, Opthea's Net Invested Capital is comparatively stable compared to the past year.

Based on the company's disclosures, Opthea has a Working Capital of 124.14 M. This is 70.84% lower than that of the Biotechnology sector and 76.95% lower than that of the Health Care industry. The working capital for all United States stocks is 91.6% higher than that of the company.

Opthea Working Capital 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 Working Capital 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 working capital 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	470.08 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	1,913 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	500.9 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC