OmniAb Common Stock vs Total Current Assets Analysis

OABIW Stock

USD 0.28 0.02 6.67%

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 Common Stock and its Total Current Assets 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.

Common Stock vs Total Current Assets

Common Stock vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OmniAb Inc Common Stock account and Total Current Assets. At this time, the significance of the direction appears to have pay attention.

The correlation between OmniAb's Common Stock and Total Current Assets is -0.92. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Current Assets 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 Common Stock and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of OmniAb Inc are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Common Stock i.e., OmniAb's Common Stock and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.92

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Common Stock

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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.

Sales General And Administrative To Revenue is likely to climb to 1.02 in 2024, whereas Tax Provision is likely to drop (5.2 M) in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	19.8M	42.8M	14.7M	26.1M
Total Revenue	34.7M	59.1M	34.2M	37.3M

Gross Profit Total Revenue

OmniAb fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Current Deferred Revenue	Cash	Cash And Short Term Investments	Capital Lease Obligations	Inventory	Net Invested Capital
Total Assets		0.96	0.25	0.94	0.99	0.97	0.01	0.85	0.9	-0.53	-0.56	0.48	0.81	-0.82	0.74	0.99	0.9	0.98	-0.59	-0.93	0.16	0.86	0.92	0.96	-0.26	0.97
Short Long Term Debt Total	0.96		0.07	0.94	0.95	1.0	0.17	0.96	0.81	-0.45	-0.52	0.43	0.84	-0.82	0.63	0.96	0.85	0.96	-0.57	-0.89	0.28	0.78	0.91	1.0	-0.11	0.92
Other Current Liab	0.25	0.07		0.34	0.19	0.1	-0.01	-0.08	0.41	-0.16	0.1	0.52	0.21	-0.1	0.52	0.21	0.44	0.16	0.36	0.01	0.11	0.12	0.05	0.06	0.02	0.08
Total Current Liabilities	0.94	0.94	0.34		0.9	0.95	0.31	0.89	0.92	-0.38	-0.5	0.55	0.86	-0.88	0.8	0.92	0.96	0.89	-0.46	-0.79	0.4	0.66	0.79	0.94	0.04	0.83
Total Stockholder Equity	0.99	0.95	0.19	0.9		0.97	-0.08	0.84	0.85	-0.53	-0.57	0.4	0.81	-0.76	0.65	0.98	0.84	0.99	-0.62	-0.96	0.05	0.9	0.96	0.96	-0.36	0.99
Property Plant And Equipment Net	0.97	1.0	0.1	0.95	0.97		0.12	0.94	0.82	-0.48	-0.51	0.45	0.83	-0.81	0.65	0.97	0.86	0.97	-0.57	-0.9	0.26	0.81	0.92	0.99	-0.14	0.93
Net Debt	0.01	0.17	-0.01	0.31	-0.08	0.12		0.39	0.26	0.53	-0.21	0.02	0.36	-0.43	0.22	-0.07	0.29	-0.11	-0.05	0.12	0.67	-0.49	-0.22	0.17	0.81	-0.17
Accounts Payable	0.85	0.96	-0.08	0.89	0.84	0.94	0.39		0.74	-0.21	-0.56	0.26	0.87	-0.8	0.5	0.83	0.76	0.84	-0.6	-0.81	0.34	0.59	0.81	0.95	0.04	0.8
Non Current Assets Total	0.9	0.81	0.41	0.92	0.85	0.82	0.26	0.74		-0.29	-0.68	0.44	0.82	-0.9	0.87	0.82	0.95	0.78	-0.59	-0.79	0.25	0.6	0.69	0.84	-0.05	0.8
Non Currrent Assets Other	-0.53	-0.45	-0.16	-0.38	-0.53	-0.48	0.53	-0.21	-0.29		-0.26	-0.76	0.05	0.3	-0.51	-0.64	-0.46	-0.6	-0.04	0.39	-0.2	-0.72	-0.51	-0.42	0.23	-0.54
Other Assets	-0.56	-0.52	0.1	-0.5	-0.57	-0.51	-0.21	-0.56	-0.68	-0.26		0.35	-0.76	0.6	-0.3	-0.43	-0.44	-0.46	0.93	0.74	0.28	-0.36	-0.53	-0.58	0.33	-0.62
Net Receivables	0.48	0.43	0.52	0.55	0.4	0.45	0.02	0.26	0.44	-0.76	0.35		0.07	-0.47	0.76	0.55	0.67	0.46	0.32	-0.14	0.68	0.37	0.25	0.39	0.33	0.32
Good Will	0.81	0.84	0.21	0.86	0.81	0.83	0.36	0.87	0.82	0.05	-0.76	0.07		-0.7	0.47	0.74	0.73	0.75	-0.65	-0.81	0.06	0.53	0.76	0.85	-0.14	0.76
Common Stock Shares Outstanding	-0.82	-0.82	-0.1	-0.88	-0.76	-0.81	-0.43	-0.8	-0.9	0.3	0.6	-0.47	-0.7		-0.85	-0.77	-0.91	-0.71	0.61	0.71	-0.51	-0.47	-0.59	-0.85	-0.21	-0.72
Non Current Liabilities Total	0.74	0.63	0.52	0.8	0.65	0.65	0.22	0.5	0.87	-0.51	-0.3	0.76	0.47	-0.85		0.71	0.93	0.62	-0.26	-0.51	0.53	0.46	0.44	0.65	0.2	0.59
Other Current Assets	0.99	0.96	0.21	0.92	0.98	0.97	-0.07	0.83	0.82	-0.64	-0.43	0.55	0.74	-0.77	0.71		0.87	0.99	-0.5	-0.9	0.19	0.9	0.94	0.95	-0.26	0.96
Total Liab	0.9	0.85	0.44	0.96	0.84	0.86	0.29	0.76	0.95	-0.46	-0.44	0.67	0.73	-0.91	0.93	0.87		0.81	-0.39	-0.71	0.48	0.6	0.67	0.86	0.12	0.77
Total Current Assets	0.98	0.96	0.16	0.89	0.99	0.97	-0.11	0.84	0.78	-0.6	-0.46	0.46	0.75	-0.71	0.62	0.99	0.81		-0.54	-0.92	0.1	0.92	0.97	0.95	-0.34	0.97
Intangible Assets	-0.59	-0.57	0.36	-0.46	-0.62	-0.57	-0.05	-0.6	-0.59	-0.04	0.93	0.32	-0.65	0.61	-0.26	-0.5	-0.39	-0.54		0.81	0.28	-0.49	-0.62	-0.64	0.4	-0.7
Common Stock	-0.93	-0.89	0.01	-0.79	-0.96	-0.9	0.12	-0.81	-0.79	0.39	0.74	-0.14	-0.81	0.71	-0.51	-0.9	-0.71	-0.92	0.81		0.14	-0.88	-0.96	-0.91	0.49	-0.98
Current Deferred Revenue	0.16	0.28	0.11	0.4	0.05	0.26	0.67	0.34	0.25	-0.2	0.28	0.68	0.06	-0.51	0.53	0.19	0.48	0.1	0.28	0.14		-0.19	-0.12	0.25	0.88	-0.05
Cash	0.86	0.78	0.12	0.66	0.9	0.81	-0.49	0.59	0.6	-0.72	-0.36	0.37	0.53	-0.47	0.46	0.9	0.6	0.92	-0.49	-0.88	-0.19		0.94	0.78	-0.62	0.93
Cash And Short Term Investments	0.92	0.91	0.05	0.79	0.96	0.92	-0.22	0.81	0.69	-0.51	-0.53	0.25	0.76	-0.59	0.44	0.94	0.67	0.97	-0.62	-0.96	-0.12	0.94		0.91	-0.51	0.97
Capital Lease Obligations	0.96	1.0	0.06	0.94	0.96	0.99	0.17	0.95	0.84	-0.42	-0.58	0.39	0.85	-0.85	0.65	0.95	0.86	0.95	-0.64	-0.91	0.25	0.78	0.91		-0.13	0.93
Inventory	-0.26	-0.11	0.02	0.04	-0.36	-0.14	0.81	0.04	-0.05	0.23	0.33	0.33	-0.14	-0.21	0.2	-0.26	0.12	-0.34	0.4	0.49	0.88	-0.62	-0.51	-0.13		-0.45
Net Invested Capital	0.97	0.92	0.08	0.83	0.99	0.93	-0.17	0.8	0.8	-0.54	-0.62	0.32	0.76	-0.72	0.59	0.96	0.77	0.97	-0.7	-0.98	-0.05	0.93	0.97	0.93	-0.45

Click cells to compare fundamentals

OmniAb Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

Additional Tools for OmniAb Stock Analysis

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

OmniAb Common Stock vs Total Current Assets Analysis

Common Stock vs Total Current Assets

Common Stock vs Total Current Assets Correlation Analysis

Correlation Coefficient

Common Stock

Total Current Assets

OmniAb fundamental ratios Correlations

OmniAb Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Also Currently Popular

Additional Tools for OmniAb Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Short Long Term Debt Total
Capital Lease Obligations	+ 1.0	Short Long Term Debt Total
Total Stockholder Equity	+ 0.99	Total Assets
Other Current Assets	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Stockholder Equity
Net Invested Capital	+ 0.99	Total Stockholder Equity

Net Invested Capital	- 0.98	Common Stock
Cash And Short Term Investments	- 0.96	Common Stock
Common Stock	- 0.96	Total Stockholder Equity
Common Stock	- 0.93	Total Assets
Common Stock	- 0.92	Total Current Assets
Capital Lease Obligations	- 0.91	Common Stock