OmniAb Cash And Short Term Investments vs Inventory Analysis

OABIW Stock  USD 0.36  0.00  0.00%   
OmniAb financial indicator trend analysis is much more than just breaking down OmniAb Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OmniAb Inc is a good investment. Please check the relationship between OmniAb Cash And Short Term Investments and its Inventory accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OmniAb Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Cash And Short Term Investments vs Inventory

Cash And Short Term Investments vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OmniAb Inc Cash And Short Term Investments account and Inventory. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between OmniAb's Cash And Short Term Investments and Inventory is -0.55. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Inventory in the same time period over historical financial statements of OmniAb Inc, assuming nothing else is changed. The correlation between historical values of OmniAb's Cash And Short Term Investments and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of OmniAb Inc are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Cash And Short Term Investments i.e., OmniAb's Cash And Short Term Investments and Inventory go up and down completely randomly.

Correlation Coefficient

-0.55
Relationship DirectionNegative 
Relationship StrengthVery Weak

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of OmniAb Inc balance sheet. This account contains OmniAb investments that will expire within one year. These investments include stocks and bonds that can be liquidated by OmniAb Inc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Inventory

Most indicators from OmniAb's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OmniAb Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OmniAb Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Tax Provision is likely to drop to about (4.7 M) in 2025. Selling General Administrative is likely to drop to about 20.7 M in 2025
 2022 2023 2024 2025 (projected)
Gross Profit42.8M34.2M39.3M30.4M
Total Revenue59.1M34.2M39.3M37.3M

OmniAb fundamental ratios Correlations

0.970.630.950.990.980.130.90.93-0.35-0.520.280.87-0.820.660.980.890.98-0.72-0.94-0.050.880.930.97-0.330.98
0.970.520.950.971.00.250.970.87-0.29-0.420.240.82-0.820.580.960.860.97-0.71-0.910.050.80.891.0-0.210.94
0.630.520.680.60.530.190.460.740.05-0.410.190.75-0.440.550.560.670.54-0.31-0.5-0.150.470.550.53-0.240.54
0.950.950.680.920.960.370.910.93-0.26-0.450.380.87-0.890.750.930.960.91-0.61-0.840.190.730.820.96-0.070.87
0.990.970.60.920.970.070.90.91-0.33-0.510.190.85-0.760.580.970.840.98-0.76-0.95-0.150.90.940.97-0.410.99
0.981.00.530.960.970.210.950.88-0.32-0.420.270.82-0.820.60.970.870.98-0.7-0.920.040.830.891.0-0.230.95
0.130.250.190.370.070.210.430.330.55-0.21-0.020.41-0.470.240.040.340.01-0.170.010.55-0.310.00.260.730.0
0.90.970.460.910.90.950.430.84-0.07-0.440.080.83-0.790.450.860.770.88-0.74-0.840.060.660.820.96-0.110.88
0.930.870.740.930.910.880.330.84-0.13-0.70.210.98-0.870.740.850.910.84-0.74-0.83-0.010.730.850.89-0.180.88
-0.35-0.290.05-0.26-0.33-0.320.55-0.07-0.13-0.22-0.770.050.24-0.5-0.5-0.38-0.44-0.120.28-0.24-0.53-0.23-0.270.19-0.33
-0.52-0.42-0.41-0.45-0.51-0.42-0.21-0.44-0.7-0.220.3-0.740.62-0.42-0.38-0.47-0.390.850.620.32-0.5-0.68-0.490.3-0.56
0.280.240.190.380.190.27-0.020.080.21-0.770.30.06-0.380.730.40.560.290.36-0.040.70.20.010.220.360.12
0.870.820.750.870.850.820.410.830.980.05-0.740.06-0.80.630.760.830.76-0.77-0.78-0.090.630.810.84-0.170.83
-0.82-0.82-0.44-0.89-0.76-0.82-0.47-0.79-0.870.240.62-0.38-0.8-0.83-0.79-0.92-0.750.660.74-0.36-0.62-0.74-0.85-0.13-0.74
0.660.580.550.750.580.60.240.450.74-0.5-0.420.730.63-0.830.670.90.58-0.26-0.50.470.520.50.60.170.53
0.980.960.560.930.970.970.040.860.85-0.5-0.380.40.76-0.790.670.890.99-0.62-0.920.020.90.890.96-0.320.95
0.890.860.670.960.840.870.340.770.91-0.38-0.470.560.83-0.920.90.890.83-0.5-0.750.320.690.740.870.030.78
0.980.970.540.910.980.980.010.880.84-0.44-0.390.290.76-0.750.580.990.83-0.67-0.94-0.070.910.920.96-0.390.97
-0.72-0.71-0.31-0.61-0.76-0.7-0.17-0.74-0.74-0.120.850.36-0.770.66-0.26-0.62-0.5-0.670.850.39-0.7-0.87-0.750.45-0.81
-0.94-0.91-0.5-0.84-0.95-0.920.01-0.84-0.830.280.62-0.04-0.780.74-0.5-0.92-0.75-0.940.850.26-0.94-0.99-0.930.52-0.97
-0.050.05-0.150.19-0.150.040.550.06-0.01-0.240.320.7-0.09-0.360.470.020.32-0.070.390.26-0.31-0.30.030.89-0.23
0.880.80.470.730.90.83-0.310.660.73-0.53-0.50.20.63-0.620.520.90.690.91-0.7-0.94-0.310.930.82-0.660.93
0.930.890.550.820.940.890.00.820.85-0.23-0.680.010.81-0.740.50.890.740.92-0.87-0.99-0.30.930.91-0.550.96
0.971.00.530.960.971.00.260.960.89-0.27-0.490.220.84-0.850.60.960.870.96-0.75-0.930.030.820.91-0.230.95
-0.33-0.21-0.24-0.07-0.41-0.230.73-0.11-0.180.190.30.36-0.17-0.130.17-0.320.03-0.390.450.520.89-0.66-0.55-0.23-0.48
0.980.940.540.870.990.950.00.880.88-0.33-0.560.120.83-0.740.530.950.780.97-0.81-0.97-0.230.930.960.95-0.48
Click cells to compare fundamentals

OmniAb Account Relationship Matchups

OmniAb fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets295.4M304.5M421.2M375.2M431.5M364.9M
Short Long Term Debt Total2.6M13.9M25.8M25.6M29.4M15.4M
Other Current Liab12.6M6.3M7.8M8.4M9.6M8.9M
Total Current Liabilities14.3M20.6M26.0M23.1M26.6M19.8M
Total Stockholder Equity235.5M234.3M341.4M314.6M361.8M295.7M
Property Plant And Equipment Net6.0M20.1M41.5M38.1M43.9M24.2M
Net Debt5.2M27.7M(7.6M)9.2M10.6M8.1M
Accounts Payable469K2.9M3.0M4.4M5.1M2.5M
Non Current Assets Total278.7M281.9M296.3M280.3M322.4M306.2M
Non Currrent Assets Other2.1M1.5M(18.2M)2.7M2.5M2.6M
Net Receivables15.9M21.1M30.3M3.8M4.4M4.2M
Liabilities And Stockholders Equity295.4M304.5M421.2M375.2M431.5M364.9M
Non Current Liabilities Total45.6M49.6M53.8M37.5M43.2M49.4M
Other Current Assets774K1.4M6.4M4.1M4.7M2.8M
Total Liab59.8M70.2M79.8M60.6M69.7M69.2M
Total Current Assets16.6M22.5M125.0M94.9M109.1M58.7M
Intangible Assets186.6M176.3M167.2M155.5M139.9M137.4M

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