| OAK Stock | | | 0.07 0.01 7.69% |
Oakridge International financial indicator trend analysis is much more than just breaking down Oakridge International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oakridge International is a good investment. Please check the relationship between Oakridge International Cash and its Total Current Liabilities accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oakridge International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Cash vs Total Current Liabilities
Cash vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Oakridge International Cash account and
Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Oakridge International's Cash and Total Current Liabilities is 0.4. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Oakridge International, assuming nothing else is changed. The correlation between historical values of Oakridge International's Cash and Total Current Liabilities 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 of Oakridge International are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Cash i.e., Oakridge International's Cash and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.4 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Cash
Cash refers to the most liquid asset of Oakridge International, which is listed under current asset account on Oakridge International balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Oakridge International customers. The amounts must be unrestricted with restricted cash listed in a different Oakridge International account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Total Current Liabilities
Total Current Liabilities is an item on Oakridge International balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Oakridge International are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Oakridge International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oakridge International 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 Oakridge International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, Oakridge International's
Selling General Administrative is comparatively stable compared to the past year.
Issuance Of Capital Stock is likely to gain to about 1.7
M in 2024, whereas
Discontinued Operations is likely to drop (4.6
K) in 2024.
Oakridge International fundamental ratios Correlations
Click cells to compare fundamentals
Oakridge International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Oakridge International fundamental ratios Accounts
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Additional Tools for Oakridge Stock Analysis
When running Oakridge International's price analysis, check to
measure Oakridge International'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 Oakridge International is operating at the current time. Most of Oakridge International's value examination focuses on studying past and present price action to
predict the probability of Oakridge International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oakridge International's price. Additionally, you may evaluate how the addition of Oakridge International to your portfolios can decrease your overall portfolio volatility.