Optical Historical Income Statement
| OCC Stock | USD 2.30 0.09 3.77% |
Historical analysis of Optical Cable income statement accounts such as Total Revenue of 66.8 M can show how well Optical Cable performed in making a profits. Evaluating Optical Cable income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Optical Cable's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Optical Cable latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Optical Cable is a good buy for the upcoming year.
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About Optical Income Statement Analysis
Optical Cable Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Optical Cable shareholders. The income statement also shows Optical investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Optical Cable Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Optical Cable generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Optical Cable minus its cost of goods sold. It is profit before Optical Cable operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Optical Cable. It is also known as Optical Cable overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Most accounts from Optical Cable's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Optical Cable current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Optical Cable. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Optical Stock refer to our How to Trade Optical Stock guide.At present, Optical Cable's EBITDA is projected to decrease significantly based on the last few years of reporting. The current year's Total Other Income Expense Net is expected to grow to about 1.5 M, whereas Depreciation And Amortization is forecasted to decline to about 844.9 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 768K | 1.2M | 1.0M | 1.1M | Depreciation And Amortization | 24K | 946.5K | 851.8K | 844.9K |
Optical Cable income statement Correlations
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Optical Cable Account Relationship Matchups
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Optical Cable income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 42K | 45K | 24K | 946.5K | 851.8K | 844.9K | |
| Interest Expense | 570K | 690.4K | 768K | 1.2M | 1.0M | 1.1M | |
| Selling General Administrative | 19.1M | 18.2M | 19.8M | 21.0M | 24.2M | 20.6M | |
| Total Revenue | 55.3M | 59.1M | 69.1M | 72.2M | 83.0M | 66.8M | |
| Gross Profit | 14.1M | 16.3M | 20.5M | 22.3M | 20.1M | 17.1M | |
| Other Operating Expenses | 60.8M | 61.1M | 68.6M | 71.2M | 81.9M | 64.1M | |
| Operating Income | (5.5M) | (2.0M) | 473K | 993.1K | 893.8K | 849.1K | |
| Ebit | (4.1M) | (811.6K) | 1.5M | 993.1K | 893.8K | 849.1K | |
| Ebitda | (4.1M) | (766.6K) | 1.5M | 1.9M | 1.7M | 3.3M | |
| Cost Of Revenue | 41.2M | 42.9M | 48.6M | 49.9M | 57.4M | 43.2M | |
| Total Operating Expenses | 19.6M | 18.2M | 20.0M | 21.3M | 24.5M | 20.9M | |
| Income Before Tax | (6.1M) | 6.6M | (322K) | 2.2M | 2.0M | 1.5M | |
| Total Other Income Expense Net | (570.1K) | 8.6M | (795.3K) | 1.2M | 1.4M | 1.5M | |
| Net Income | (6.1M) | 6.6M | (347K) | 2.1M | 1.9M | 2.0M | |
| Income Tax Expense | 18K | (20K) | 25K | 145.7K | 131.2K | 124.6K | |
| Net Income Applicable To Common Shares | (5.7M) | (6.1M) | 6.6M | (347.1K) | (312.4K) | (296.8K) | |
| Research Development | 1.1M | 928K | 973K | 983K | 884.7K | 948.5K | |
| Net Income From Continuing Ops | (6.1M) | 6.6M | (347.1K) | 2.1M | 2.4M | 2.5M | |
| Selling And Marketing Expenses | 132K | 81K | 159K | 191K | 171.9K | 171.3K | |
| Tax Provision | 18.0K | (19.9K) | 24.7K | 145.7K | 131.2K | 144.8K | |
| Net Interest Income | (569.8K) | (690.4K) | (768.3K) | (1.2M) | (1.0M) | (1.1M) | |
| Reconciled Depreciation | 1.4M | 1.2M | 1.1M | 946.5K | 851.8K | 1.1M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Optical Cable offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Optical Cable's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Optical Cable Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Optical Cable Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Optical Cable. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Optical Stock refer to our How to Trade Optical Stock guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Communications Equipment 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 Optical Cable. If investors know Optical 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 Optical Cable listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.75) | Revenue Per Share 8.284 | Quarterly Revenue Growth (0.04) | Return On Assets (0.08) | Return On Equity (0.25) |
The market value of Optical Cable is measured differently than its book value, which is the value of Optical that is recorded on the company's balance sheet. Investors also form their own opinion of Optical Cable's value that differs from its market value or its book value, called intrinsic value, which is Optical Cable'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 Optical Cable's market value can be influenced by many factors that don't directly affect Optical Cable'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 Optical Cable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Optical Cable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Optical Cable'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.