Ontrak Inc Stock Current Liabilities
| OTRK Stock | USD 1.85 0.05 2.78% |
Ontrak Inc fundamentals help investors to digest information that contributes to Ontrak's financial success or failures. It also enables traders to predict the movement of Ontrak Stock. The fundamental analysis module provides a way to measure Ontrak'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 Ontrak stock.
The value of Total Current Liabilities is estimated to slide to about 3.7 M. The value of Non Current Liabilities Total is expected to slide to about 1.6 M. Ontrak | Current Liabilities |
Ontrak Inc Company Current Liabilities Analysis
Ontrak's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Ontrak Current Liabilities Driver Correlations
Understanding the fundamental principles of building solid financial models for Ontrak is extremely important. It helps to project a fair market value of Ontrak Stock properly, considering its historical fundamentals such as Current Liabilities. Since Ontrak'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 Ontrak'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 Ontrak's interrelated accounts and indicators.
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Ontrak Current Liabilities Historical Pattern
Today, most investors in Ontrak Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ontrak's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current liabilities growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Ontrak current liabilities as a starting point in their analysis.
Ontrak Current Liabilities |
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Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
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Ontrak Total Current Liabilities
Total Current Liabilities |
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In accordance with the recently published financial statements, Ontrak Inc has a Current Liabilities of 0.0. This is 100.0% lower than that of the Health Care Providers & Services sector and about the same as Health Care (which currently averages 0.0) industry. The current liabilities for all United States stocks is 100.0% higher than that of the company.
Ontrak Current Valuation Drivers
We derive many important indicators used in calculating different scores of Ontrak from analyzing Ontrak's financial statements. These drivers represent accounts that assess Ontrak's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Ontrak's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 4.0B | 15.9B | 1.8B | 128.3M | 115.4M | 109.7M | |
| Enterprise Value | 4.0B | 15.8B | 1.7B | 134.5M | 121.0M | 115.0M |
Ontrak Fundamentals
| Return On Equity | -3.41 | ||||
| Return On Asset | -0.45 | ||||
| Profit Margin | (2.23) % | ||||
| Operating Margin | (1.65) % | ||||
| Current Valuation | 7.94 M | ||||
| Shares Outstanding | 4.22 M | ||||
| Shares Owned By Insiders | 45.97 % | ||||
| Shares Owned By Institutions | 0.21 % | ||||
| Number Of Shares Shorted | 52.84 K | ||||
| Price To Book | 0.68 X | ||||
| Price To Sales | 0.63 X | ||||
| Revenue | 12.74 M | ||||
| Gross Profit | 7.05 M | ||||
| EBITDA | (14.42 M) | ||||
| Net Income | (27.92 M) | ||||
| Cash And Equivalents | 10.05 M | ||||
| Cash Per Share | 0.39 X | ||||
| Total Debt | 1.69 M | ||||
| Debt To Equity | 0.44 % | ||||
| Current Ratio | 2.72 X | ||||
| Book Value Per Share | 5.57 X | ||||
| Cash Flow From Operations | (15.5 M) | ||||
| Short Ratio | 0.01 X | ||||
| Earnings Per Share | 31.91 X | ||||
| Target Price | 4.0 | ||||
| Number Of Employees | 102 | ||||
| Beta | 2.6 | ||||
| Market Capitalization | 7.8 M | ||||
| Total Asset | 19.85 M | ||||
| Retained Earnings | (470.66 M) | ||||
| Working Capital | 8.84 M | ||||
| Net Asset | 19.85 M |
About Ontrak Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ontrak Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ontrak using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ontrak Inc 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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Try AI Portfolio ArchitectCheck out Ontrak Piotroski F Score and Ontrak Altman Z Score analysis. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ontrak. If investors know Ontrak will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ontrak listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 31.91 | Revenue Per Share 4.585 | Quarterly Revenue Growth (0.17) | Return On Assets (0.45) | Return On Equity (3.41) |
The market value of Ontrak Inc is measured differently than its book value, which is the value of Ontrak that is recorded on the company's balance sheet. Investors also form their own opinion of Ontrak's value that differs from its market value or its book value, called intrinsic value, which is Ontrak's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ontrak's market value can be influenced by many factors that don't directly affect Ontrak's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ontrak's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ontrak is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ontrak's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.