OmniAb Intangible Assets vs Capital Lease Obligations 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 Intangible Assets and its Capital Lease Obligations 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.

Intangible Assets vs Capital Lease Obligations

Intangible Assets vs Capital Lease Obligations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OmniAb Inc Intangible Assets account and Capital Lease Obligations. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between OmniAb's Intangible Assets and Capital Lease Obligations is -0.64. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Capital Lease Obligations 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 Intangible Assets and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of OmniAb Inc are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Intangible Assets i.e., OmniAb's Intangible Assets and Capital Lease Obligations go up and down completely randomly.

Correlation Coefficient

-0.64

Relationship Direction	Negative
Relationship Strength	Weak

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Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Capital Lease Obligations

OmniAb Inc capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to OmniAb asset purchases. For example, OmniAb can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as OmniAb control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

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

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OmniAb Account Relationship Matchups

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OmniAb Intangible Assets vs Capital Lease Obligations Analysis

Intangible Assets vs Capital Lease Obligations

Intangible Assets vs Capital Lease Obligations Correlation Analysis

Correlation Coefficient

Intangible Assets

Capital Lease Obligations

OmniAb fundamental ratios Correlations

OmniAb Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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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