| 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 Net Debt and its Short Long Term Debt Total 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.
Net Debt vs Short Long Term Debt Total
Net Debt vs Short Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Oakridge International Net Debt account and
Short Long Term Debt Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Oakridge International's Net Debt and Short Long Term Debt Total is -0.3. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Short Long Term Debt Total 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 Net Debt and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Oakridge International are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Net Debt i.e., Oakridge International's Net Debt and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | -0.3 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Short Long Term Debt Total
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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