Ondine Short Term Debt vs Total Stockholder Equity Analysis

OBI Stock   8.25  0.12  1.48%   
Ondine Biomedical financial indicator trend analysis is much more than just breaking down Ondine Biomedical prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ondine Biomedical is a good investment. Please check the relationship between Ondine Biomedical Short Term Debt and its Total Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ondine Biomedical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Short Term Debt vs Total Stockholder Equity

Short Term Debt vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ondine Biomedical Short Term Debt account and Total Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Ondine Biomedical's Short Term Debt and Total Stockholder Equity is -0.89. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Ondine Biomedical, assuming nothing else is changed. The correlation between historical values of Ondine Biomedical's Short Term Debt and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Ondine Biomedical are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Short Term Debt i.e., Ondine Biomedical's Short Term Debt and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.89
Relationship DirectionNegative 
Relationship StrengthSignificant

Short Term Debt

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Ondine Biomedical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ondine Biomedical 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 Ondine Biomedical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Issuance Of Capital Stock is expected to grow to about 9.1 M, whereas Selling General Administrative is forecasted to decline to about 7.8 M.
 2021 2022 2023 2024 (projected)
Interest Expense1.2M30K38K36.1K
Depreciation And Amortization514K493K587K517.3K

Ondine Biomedical fundamental ratios Correlations

-0.390.790.32-0.82-0.510.531.0-0.45-0.211.00.24-0.29-0.080.44-0.381.0-0.450.330.9-0.460.67-0.34-0.20.170.7
-0.39-0.87-0.090.850.07-0.47-0.380.1-0.33-0.390.280.510.290.051.0-0.390.990.34-0.240.99-0.40.17-0.360.36-0.3
0.79-0.870.21-0.99-0.290.590.78-0.290.110.79-0.08-0.48-0.230.17-0.860.78-0.89-0.060.62-0.890.63-0.270.13-0.130.57
0.32-0.090.21-0.29-0.660.120.36-0.74-0.040.370.45-0.06-0.120.79-0.070.38-0.160.620.33-0.170.55-0.8-0.070.070.66
-0.820.85-0.99-0.290.35-0.6-0.810.38-0.11-0.82-0.020.50.23-0.260.83-0.820.88-0.04-0.670.88-0.650.36-0.130.13-0.62
-0.510.07-0.29-0.660.35-0.66-0.490.510.66-0.5-0.56-0.280.02-0.90.05-0.540.16-0.6-0.670.17-0.790.420.63-0.57-0.85
0.53-0.470.590.12-0.6-0.660.5-0.28-0.420.510.240.01-0.110.44-0.470.53-0.530.070.68-0.530.64-0.13-0.430.410.69
1.0-0.380.780.36-0.81-0.490.5-0.52-0.151.00.27-0.33-0.080.46-0.361.0-0.430.360.89-0.440.65-0.4-0.150.130.7
-0.450.1-0.29-0.740.380.51-0.28-0.52-0.21-0.52-0.730.490.02-0.790.08-0.530.18-0.6-0.610.19-0.260.96-0.20.2-0.51
-0.21-0.330.11-0.04-0.110.66-0.42-0.15-0.21-0.15-0.2-0.78-0.07-0.38-0.34-0.18-0.28-0.34-0.33-0.28-0.53-0.350.98-0.91-0.47
1.0-0.390.790.37-0.82-0.50.511.0-0.52-0.150.28-0.34-0.080.47-0.371.0-0.440.360.9-0.450.65-0.41-0.140.120.7
0.240.28-0.080.45-0.02-0.560.240.27-0.73-0.20.28-0.06-0.110.770.30.30.180.830.560.170.16-0.62-0.180.130.36
-0.290.51-0.48-0.060.5-0.280.01-0.330.49-0.78-0.34-0.060.120.00.51-0.330.50.23-0.270.50.270.56-0.840.860.18
-0.080.29-0.23-0.120.230.02-0.11-0.080.02-0.07-0.08-0.110.12-0.010.28-0.080.290.0-0.080.29-0.10.07-0.080.08-0.07
0.440.050.170.79-0.26-0.90.440.46-0.79-0.380.470.770.0-0.010.070.5-0.050.720.67-0.060.54-0.73-0.340.270.7
-0.381.0-0.86-0.070.830.05-0.47-0.360.08-0.34-0.370.30.510.280.07-0.370.990.36-0.230.99-0.390.15-0.360.36-0.28
1.0-0.390.780.38-0.82-0.540.531.0-0.53-0.181.00.3-0.33-0.080.5-0.37-0.450.370.91-0.450.67-0.42-0.170.140.72
-0.450.99-0.89-0.160.880.16-0.53-0.430.18-0.28-0.440.180.50.29-0.050.99-0.450.24-0.331.0-0.470.23-0.310.32-0.38
0.330.34-0.060.62-0.04-0.60.070.36-0.6-0.340.360.830.230.00.720.360.370.240.460.230.44-0.51-0.370.370.55
0.9-0.240.620.33-0.67-0.670.680.89-0.61-0.330.90.56-0.27-0.080.67-0.230.91-0.330.46-0.330.58-0.45-0.280.210.69
-0.460.99-0.89-0.170.880.17-0.53-0.440.19-0.28-0.450.170.50.29-0.060.99-0.451.00.23-0.33-0.480.24-0.310.31-0.39
0.67-0.40.630.55-0.65-0.790.640.65-0.26-0.530.650.160.27-0.10.54-0.390.67-0.470.440.58-0.48-0.19-0.570.570.95
-0.340.17-0.27-0.80.360.42-0.13-0.40.96-0.35-0.41-0.620.560.07-0.730.15-0.420.23-0.51-0.450.24-0.19-0.350.36-0.4
-0.2-0.360.13-0.07-0.130.63-0.43-0.15-0.20.98-0.14-0.18-0.84-0.08-0.34-0.36-0.17-0.31-0.37-0.28-0.31-0.57-0.35-0.98-0.53
0.170.36-0.130.070.13-0.570.410.130.2-0.910.120.130.860.080.270.360.140.320.370.210.310.570.36-0.980.55
0.7-0.30.570.66-0.62-0.850.690.7-0.51-0.470.70.360.18-0.070.7-0.280.72-0.380.550.69-0.390.95-0.4-0.530.55
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Ondine Biomedical Account Relationship Matchups

Ondine Biomedical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.9M2.6M34.1M16.6M5.7M9.0M
Total Current Liabilities28.7M35.8M3.9M3.9M3.5M3.3M
Total Stockholder Equity(26.1M)(33.8M)29.7M11.6M2.1M2.2M
Property Plant And Equipment Net849K671K601K1.4M949K663.6K
Net Debt27.7M30.8M(29.6M)(12.2M)(2.4M)(2.3M)
Retained Earnings(165.9M)(182.1M)(232.5M)(251.9M)(266.3M)(253.0M)
Accounts Payable183K237K1.2M388K1.4M923.0K
Cash306K626K30.4M13.1M3.0M4.5M
Non Current Assets Total1.9M888K636K1.4M984K1.3M
Non Currrent Assets Other42K40K46K35K36K33.3K
Cash And Short Term Investments306K626K30.4M13.1M3.0M5.6M
Net Receivables24K543K248K133K220K269.6K
Liabilities And Stockholders Equity2.9M2.6M34.1M16.6M5.7M9.0M
Non Current Liabilities Total316K678K561K1.0M159K151.1K
Other Stockholder Equity20.3M28.8M27.2M28.5M28.8M33.0M
Total Liab29.0M36.5M4.5M4.9M3.6M3.5M
Total Current Assets1.0M1.7M33.5M15.1M4.8M7.7M
Short Long Term Debt Total28.0M31.5M739K896K541K514.0K
Other Current Liab760K4.2M2.1M3.2M1.7M1.0M
Other Current Assets236K717K2.1M710K703K1.1M
Short Term Debt27.7M31.4M645K359K382K362.9K
Inventory468K404K1.1M1.3M1.1M646.2K
Capital Lease Obligations569K310K242K896K541K469.7K
Net Invested Capital1.4M334K30.2M11.6M2.1M2.0M
Net Working Capital(27.7M)(34.0M)29.6M11.2M1.3M1.3M

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Other Information on Investing in Ondine Stock

Balance Sheet is a snapshot of the financial position of Ondine Biomedical at a specified time, usually calculated after every quarter, six months, or one year. Ondine Biomedical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ondine Biomedical and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Ondine currently owns. An asset can also be divided into two categories, current and non-current.