Oblong Free Cash Flow Yield vs Price To Sales Ratio Analysis
OBLG Stock | USD 3.39 0.10 3.04% |
Oblong financial indicator trend analysis is much more than just breaking down Oblong Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oblong Inc is a good investment. Please check the relationship between Oblong Free Cash Flow Yield and its Price To Sales Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oblong 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 bureau of economic analysis.
Free Cash Flow Yield vs Price To Sales Ratio
Free Cash Flow Yield vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oblong Inc Free Cash Flow Yield account and Price To Sales Ratio. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Oblong's Free Cash Flow Yield and Price To Sales Ratio is 0.43. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Oblong Inc, assuming nothing else is changed. The correlation between historical values of Oblong's Free Cash Flow Yield and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Oblong Inc are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Free Cash Flow Yield i.e., Oblong's Free Cash Flow Yield and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.43 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Price To Sales Ratio
Price to Sales Ratio is figured by comparing Oblong Inc stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Oblong sales, a figure that is much harder to manipulate than other Oblong Inc multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Most indicators from Oblong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oblong 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 Oblong 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 bureau of economic analysis. At this time, Oblong's Tax Provision is most likely to decrease significantly in the upcoming years. The Oblong's current Issuance Of Capital Stock is estimated to increase to about 5.7 M, while Selling General Administrative is projected to decrease to roughly 4.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.7M | 1.5M | 911K | 865.5K | Total Revenue | 7.7M | 5.5M | 3.8M | 3.6M |
Oblong fundamental ratios Correlations
Click cells to compare fundamentals
Oblong Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Oblong fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 34.9M | 29.1M | 28.6M | 5.7M | 6.9M | 6.6M | |
Other Current Liab | 1.1M | 751K | 608K | 703K | 805K | 845.3K | |
Total Current Liabilities | 8.3M | 5.6M | 2.5M | 1.9M | 1.4M | 1.3M | |
Total Stockholder Equity | 21.8M | 22.1M | 25.5M | 3.6M | 5.5M | 9.1M | |
Property Plant And Equipment Net | 4.4M | 1.5M | 818K | 145K | 17K | 16.2K | |
Net Debt | 4.3M | (1.2M) | (8.2M) | (2.8M) | (5.5M) | (5.2M) | |
Retained Earnings | (185.4M) | (192.9M) | (201.9M) | (223.8M) | (228.2M) | (216.8M) | |
Accounts Payable | 647K | 313K | 259K | 184K | 211K | 200.5K | |
Cash | 4.5M | 5.1M | 8.9M | 3.1M | 5.5M | 2.8M | |
Non Current Assets Total | 25.0M | 19.2M | 15.9M | 789K | 29.0K | 27.5K | |
Cash And Short Term Investments | 4.5M | 5.1M | 8.9M | 3.1M | 6.0M | 6.3M | |
Net Receivables | 2.5M | 3.2M | 849K | 731K | 424K | 402.8K | |
Common Stock Shares Outstanding | 8.5K | 9.2K | 44.3K | 51.6K | 139.9K | 146.9K | |
Liabilities And Stockholders Equity | 34.9M | 29.1M | 28.6M | 5.7M | 6.9M | 6.6M | |
Non Current Liabilities Total | 4.9M | 1.5M | 617K | 131K | 26K | 24.7K | |
Inventory | 1.8M | 920K | 1.8M | 723K | 239K | 227.1K | |
Other Current Assets | 209K | 691K | 1.1M | 90K | 243K | 230.9K | |
Total Liab | 13.1M | 7.1M | 3.1M | 2.0M | 1.4M | 1.4M | |
Property Plant And Equipment Gross | 4.4M | 1.5M | 818K | 2.3M | 17K | 16.2K | |
Total Current Assets | 9.9M | 10.0M | 12.8M | 4.9M | 6.9M | 9.2M | |
Short Long Term Debt Total | 8.8M | 3.8M | 728K | 236K | 17K | 16.2K | |
Non Currrent Assets Other | 71K | 167K | 109K | 40K | 12.0K | 11.4K | |
Other Stockholder Equity | 207.2M | 214.9M | 227.4M | 227.5M | 233.7M | 156.2M | |
Short Term Debt | 4.0M | 2.8M | 492K | 219K | 17K | 16.2K | |
Intangible Assets | 12.6M | 10.1M | 7.6M | 604K | 543.6K | 516.4K | |
Current Deferred Revenue | 1.9M | 1.2M | 783K | 564K | 132K | 125.4K | |
Net Tangible Assets | 1.3M | 4.6M | 10.6M | 3.0M | 3.5M | 3.6M | |
Capital Surpluse | 183.1M | 185.0M | 207.4M | 215.1M | 247.4M | 201.5M | |
Property Plant Equipment | 1.3M | 1.5M | 818K | 145K | 130.5K | 124.0K | |
Long Term Debt | 369K | 4.6M | 2.8M | 403K | 362.7K | 344.6K | |
Other Assets | 71K | 1.1M | 109K | 40K | 1.0 | 0.95 |
Currently Active Assets on Macroaxis
When determining whether Oblong Inc is a strong investment it is important to analyze Oblong's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Oblong's future performance. For an informed investment choice regarding Oblong Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oblong 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 bureau of economic analysis. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Oblong. If investors know Oblong will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Oblong listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.46) | Earnings Share 11.14 | Revenue Per Share 5.319 | Quarterly Revenue Growth (0.34) | Return On Assets (0.38) |
The market value of Oblong Inc is measured differently than its book value, which is the value of Oblong that is recorded on the company's balance sheet. Investors also form their own opinion of Oblong's value that differs from its market value or its book value, called intrinsic value, which is Oblong's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Oblong's market value can be influenced by many factors that don't directly affect Oblong's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Oblong's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oblong is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oblong's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.