OmniAb Common Stock Shares Outstanding vs Net Invested Capital Analysis

OABIW Stock  USD 0.34  0.06  21.43%   
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 Shares Outstanding and its Net Invested Capital 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 Shares Outstanding vs Net Invested Capital

Common Stock Shares Outstanding vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OmniAb Inc Common Stock Shares Outstanding account and Net Invested Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between OmniAb's Common Stock Shares Outstanding and Net Invested Capital is -0.72. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Net Invested Capital 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 Shares Outstanding and Net Invested Capital 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 Shares Outstanding of OmniAb Inc are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Common Stock Shares Outstanding i.e., OmniAb's Common Stock Shares Outstanding and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.72
Relationship DirectionNegative 
Relationship StrengthWeak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
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 Profit19.8M42.8M14.7M26.1M
Total Revenue34.7M59.1M34.2M37.3M

OmniAb fundamental ratios Correlations

0.960.250.940.990.970.010.850.9-0.53-0.560.480.81-0.820.740.990.90.98-0.59-0.930.160.860.920.96-0.260.97
0.960.070.940.951.00.170.960.81-0.45-0.520.430.84-0.820.630.960.850.96-0.57-0.890.280.780.911.0-0.110.92
0.250.070.340.190.1-0.01-0.080.41-0.160.10.520.21-0.10.520.210.440.160.360.010.110.120.050.060.020.08
0.940.940.340.90.950.310.890.92-0.38-0.50.550.86-0.880.80.920.960.89-0.46-0.790.40.660.790.940.040.83
0.990.950.190.90.97-0.080.840.85-0.53-0.570.40.81-0.760.650.980.840.99-0.62-0.960.050.90.960.96-0.360.99
0.971.00.10.950.970.120.940.82-0.48-0.510.450.83-0.810.650.970.860.97-0.57-0.90.260.810.920.99-0.140.93
0.010.17-0.010.31-0.080.120.390.260.53-0.210.020.36-0.430.22-0.070.29-0.11-0.050.120.67-0.49-0.220.170.81-0.17
0.850.96-0.080.890.840.940.390.74-0.21-0.560.260.87-0.80.50.830.760.84-0.6-0.810.340.590.810.950.040.8
0.90.810.410.920.850.820.260.74-0.29-0.680.440.82-0.90.870.820.950.78-0.59-0.790.250.60.690.84-0.050.8
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-0.56-0.520.1-0.5-0.57-0.51-0.21-0.56-0.68-0.260.35-0.760.6-0.3-0.43-0.44-0.460.930.740.28-0.36-0.53-0.580.33-0.62
0.480.430.520.550.40.450.020.260.44-0.760.350.07-0.470.760.550.670.460.32-0.140.680.370.250.390.330.32
0.810.840.210.860.810.830.360.870.820.05-0.760.07-0.70.470.740.730.75-0.65-0.810.060.530.760.85-0.140.76
-0.82-0.82-0.1-0.88-0.76-0.81-0.43-0.8-0.90.30.6-0.47-0.7-0.85-0.77-0.91-0.710.610.71-0.51-0.47-0.59-0.85-0.21-0.72
0.740.630.520.80.650.650.220.50.87-0.51-0.30.760.47-0.850.710.930.62-0.26-0.510.530.460.440.650.20.59
0.990.960.210.920.980.97-0.070.830.82-0.64-0.430.550.74-0.770.710.870.99-0.5-0.90.190.90.940.95-0.260.96
0.90.850.440.960.840.860.290.760.95-0.46-0.440.670.73-0.910.930.870.81-0.39-0.710.480.60.670.860.120.77
0.980.960.160.890.990.97-0.110.840.78-0.6-0.460.460.75-0.710.620.990.81-0.54-0.920.10.920.970.95-0.340.97
-0.59-0.570.36-0.46-0.62-0.57-0.05-0.6-0.59-0.040.930.32-0.650.61-0.26-0.5-0.39-0.540.810.28-0.49-0.62-0.640.4-0.7
-0.93-0.890.01-0.79-0.96-0.90.12-0.81-0.790.390.74-0.14-0.810.71-0.51-0.9-0.71-0.920.810.14-0.88-0.96-0.910.49-0.98
0.160.280.110.40.050.260.670.340.25-0.20.280.680.06-0.510.530.190.480.10.280.14-0.19-0.120.250.88-0.05
0.860.780.120.660.90.81-0.490.590.6-0.72-0.360.370.53-0.470.460.90.60.92-0.49-0.88-0.190.940.78-0.620.93
0.920.910.050.790.960.92-0.220.810.69-0.51-0.530.250.76-0.590.440.940.670.97-0.62-0.96-0.120.940.91-0.510.97
0.961.00.060.940.960.990.170.950.84-0.42-0.580.390.85-0.850.650.950.860.95-0.64-0.910.250.780.91-0.130.93
-0.26-0.110.020.04-0.36-0.140.810.04-0.050.230.330.33-0.14-0.210.2-0.260.12-0.340.40.490.88-0.62-0.51-0.13-0.45
0.970.920.080.830.990.93-0.170.80.8-0.54-0.620.320.76-0.720.590.960.770.97-0.7-0.98-0.050.930.970.93-0.45
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OmniAb Account Relationship Matchups

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