OmniAb Inventory vs Intangible Assets 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 Inventory and its Intangible 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.

Inventory vs Intangible Assets

Inventory vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OmniAb Inc Inventory account and Intangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between OmniAb's Inventory and Intangible Assets is 0.4. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Intangible 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 Inventory and Intangible 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 Inventory of OmniAb Inc are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Inventory i.e., OmniAb's Inventory and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Inventory

Intangible Assets

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