Overactive Ptb Ratio vs Capex To Depreciation Analysis

OAM Stock   0.28  0.01  3.45%   
Overactive Media financial indicator trend analysis is much more than just breaking down Overactive Media Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Overactive Media Corp is a good investment. Please check the relationship between Overactive Media Ptb Ratio and its Capex To Depreciation accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Overactive Media Corp. 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.

Ptb Ratio vs Capex To Depreciation

Ptb Ratio vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Overactive Media Corp Ptb Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have weak relationship.
The correlation between Overactive Media's Ptb Ratio and Capex To Depreciation is 0.38. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Overactive Media Corp, assuming nothing else is changed. The correlation between historical values of Overactive Media's Ptb Ratio and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Overactive Media Corp are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Ptb Ratio i.e., Overactive Media's Ptb Ratio and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

0.38
Relationship DirectionPositive 
Relationship StrengthVery Weak

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Most indicators from Overactive Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Overactive Media Corp 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 Overactive Media Corp. 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.
Sales General And Administrative To Revenue is likely to climb to 1.96 in 2024, despite the fact that Tax Provision is likely to grow to (494 K).
 2021 2022 2023 2024 (projected)
Reconciled Depreciation2.0M2.3M2.2M2.2M
Total Operating Expenses28.7M64.4M24.5M38.9M

Overactive Media fundamental ratios Correlations

-0.720.990.55-0.370.540.3-0.87-0.510.30.440.830.030.19-0.20.69-0.220.51-0.360.190.21-0.31-0.39-0.210.17-0.51
-0.72-0.73-0.860.85-0.84-0.720.960.8-0.2-0.82-0.970.590.440.69-0.660.78-0.840.79-0.53-0.560.780.80.750.460.84
0.99-0.730.5-0.370.50.24-0.88-0.440.160.40.83-0.030.11-0.230.59-0.230.47-0.360.220.24-0.31-0.38-0.230.09-0.47
0.55-0.860.5-0.910.910.91-0.82-0.990.630.960.84-0.55-0.34-0.720.88-0.820.99-0.870.520.59-0.85-0.9-0.79-0.36-1.0
-0.370.85-0.37-0.91-0.78-0.80.740.88-0.32-0.92-0.770.850.70.93-0.630.98-0.940.98-0.74-0.80.980.990.970.720.93
0.54-0.840.50.91-0.780.95-0.77-0.90.560.790.79-0.4-0.21-0.50.79-0.670.88-0.690.510.28-0.66-0.73-0.64-0.24-0.89
0.3-0.720.240.91-0.80.95-0.61-0.920.620.820.64-0.47-0.29-0.550.74-0.730.88-0.710.490.32-0.7-0.75-0.68-0.32-0.9
-0.870.96-0.88-0.820.74-0.77-0.610.77-0.28-0.77-0.990.40.230.57-0.740.63-0.790.69-0.41-0.490.680.720.610.250.79
-0.510.8-0.44-0.990.88-0.9-0.920.77-0.7-0.95-0.790.50.290.69-0.90.79-0.980.84-0.49-0.560.830.880.760.320.99
0.3-0.20.160.63-0.320.560.62-0.28-0.70.520.280.140.35-0.110.85-0.20.6-0.330.060.08-0.29-0.38-0.160.32-0.62
0.44-0.820.40.96-0.920.790.82-0.77-0.950.520.81-0.65-0.47-0.810.79-0.890.96-0.90.450.72-0.91-0.92-0.84-0.5-0.96
0.83-0.970.830.84-0.770.790.64-0.99-0.790.280.81-0.45-0.28-0.610.74-0.680.82-0.720.390.53-0.72-0.75-0.65-0.3-0.82
0.030.59-0.03-0.550.85-0.4-0.470.40.50.14-0.65-0.450.970.94-0.130.92-0.620.85-0.75-0.840.880.820.940.980.6
0.190.440.11-0.340.7-0.21-0.290.230.290.35-0.47-0.280.970.850.10.81-0.420.71-0.68-0.760.740.670.841.00.39
-0.20.69-0.23-0.720.93-0.5-0.550.570.69-0.11-0.81-0.610.940.85-0.410.97-0.790.96-0.75-0.950.970.940.980.860.77
0.69-0.660.590.88-0.630.790.74-0.74-0.90.850.790.74-0.130.1-0.41-0.490.85-0.620.260.36-0.58-0.67-0.450.08-0.86
-0.220.78-0.23-0.820.98-0.67-0.730.630.79-0.2-0.89-0.680.920.810.97-0.49-0.870.97-0.72-0.850.990.960.990.830.85
0.51-0.840.470.99-0.940.880.88-0.79-0.980.60.960.82-0.62-0.42-0.790.85-0.87-0.920.60.67-0.91-0.95-0.85-0.45-1.0
-0.360.79-0.36-0.870.98-0.69-0.710.690.84-0.33-0.9-0.720.850.710.96-0.620.97-0.92-0.77-0.880.991.00.970.720.9
0.19-0.530.220.52-0.740.510.49-0.41-0.490.060.450.39-0.75-0.68-0.750.26-0.720.6-0.770.61-0.71-0.75-0.79-0.69-0.58
0.21-0.560.240.59-0.80.280.32-0.49-0.560.080.720.53-0.84-0.76-0.950.36-0.850.67-0.880.61-0.89-0.85-0.86-0.77-0.64
-0.310.78-0.31-0.850.98-0.66-0.70.680.83-0.29-0.91-0.720.880.740.97-0.580.99-0.910.99-0.71-0.890.990.980.760.89
-0.390.8-0.38-0.90.99-0.73-0.750.720.88-0.38-0.92-0.750.820.670.94-0.670.96-0.951.0-0.75-0.850.990.960.690.93
-0.210.75-0.23-0.790.97-0.64-0.680.610.76-0.16-0.84-0.650.940.840.98-0.450.99-0.850.97-0.79-0.860.980.960.850.83
0.170.460.09-0.360.72-0.24-0.320.250.320.32-0.5-0.30.981.00.860.080.83-0.450.72-0.69-0.770.760.690.850.42
-0.510.84-0.47-1.00.93-0.89-0.90.790.99-0.62-0.96-0.820.60.390.77-0.860.85-1.00.9-0.58-0.640.890.930.830.42
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Overactive Media Account Relationship Matchups

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