OFS Total Assets vs Common Stock Analysis
OCCI Stock | USD 7.14 0.03 0.42% |
OFS Credit financial indicator trend analysis is much more than just breaking down OFS Credit prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OFS Credit is a good investment. Please check the relationship between OFS Credit Total Assets and its Common Stock accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OFS Credit. 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 more detail on how to invest in OFS Stock please use our How to Invest in OFS Credit guide.
Total Assets vs Common Stock
Total Assets vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OFS Credit Total Assets account and Common Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between OFS Credit's Total Assets and Common Stock is 0.87. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of OFS Credit, assuming nothing else is changed. The correlation between historical values of OFS Credit's Total Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of OFS Credit are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Assets i.e., OFS Credit's Total Assets and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Assets
Total assets refers to the total amount of OFS Credit assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in OFS Credit books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Common Stock
Most indicators from OFS Credit's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OFS Credit 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 OFS Credit. 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 more detail on how to invest in OFS Stock please use our How to Invest in OFS Credit guide.As of now, OFS Credit's Issuance Of Capital Stock is increasing as compared to previous years. The OFS Credit's current Sales General And Administrative To Revenue is estimated to increase to 3.43, while Selling General Administrative is projected to decrease to under 2.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Research Development | 0.52 | 0.06 | 0.054 | 0.0513 | Net Interest Income | 22.2M | 26.6M | 30.6M | 17.4M |
OFS Credit fundamental ratios Correlations
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OFS Credit Account Relationship Matchups
High Positive Relationship
High Negative Relationship
OFS Credit fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 63.6M | 165.2M | 159.0M | 185.9M | 213.8M | 127.0M | |
Other Current Liab | (20.7M) | (5.9M) | (59.9M) | (60.0M) | (54.0M) | (51.3M) | |
Total Current Liabilities | 1.3M | 5.9M | 2.5M | 2.8M | 3.2M | 2.4M | |
Total Stockholder Equity | 41.5M | 108.1M | 94.2M | 120.2M | 138.2M | 84.4M | |
Net Tangible Assets | 45.9M | 41.5M | 108.1M | 94.2M | 108.3M | 74.8M | |
Net Debt | 14.3M | 34.0M | 49.8M | 46.0M | 52.9M | 27.8M | |
Retained Earnings | (11.8M) | 11.7M | (15.3M) | (42.9M) | (38.6M) | (36.7M) | |
Cash | 6.4M | 15.0M | 12.5M | 16.8M | 19.3M | 11.7M | |
Non Current Assets Total | 56.9M | 149.7M | 145.8M | 168.1M | 193.3M | 114.8M | |
Non Currrent Assets Other | (63.6M) | (165.2M) | (159.0M) | (168.1M) | (151.3M) | (158.9M) | |
Other Assets | 259.5K | 249.1K | 115.0K | 221.2K | 254.4K | 167.3K | |
Cash And Short Term Investments | 6.4M | 15.0M | 12.5M | 16.8M | 19.3M | 11.7M | |
Common Stock Shares Outstanding | 3.2M | 5.3M | 8.2M | 11.4M | 13.1M | 13.8M | |
Liabilities And Stockholders Equity | 63.6M | 165.2M | 159.0M | 185.9M | 213.8M | 127.0M | |
Other Stockholder Equity | 53.3M | 96.4M | 109.5M | 163.1M | 187.5M | 96.9M | |
Total Liab | 22.1M | 5.9M | 64.8M | 65.7M | 75.6M | 79.4M | |
Long Term Investments | 56.9M | 149.7M | 145.8M | 168.1M | 193.3M | 114.8M | |
Total Current Assets | 6.4M | 15.3M | 13.1M | 17.6M | 20.3M | 12.0M | |
Capital Stock | 3.6K | 7.7K | 9.4K | 15.9K | 18.3K | 19.2K | |
Common Stock | 3.6K | 7.7K | 9.4K | 15.9K | 18.3K | 19.2K | |
Short Long Term Debt Total | 20.7M | 49.0M | 62.3M | 62.8M | 72.2M | 51.9M | |
Non Current Liabilities Total | 20.7M | 49.0M | 62.3M | 62.8M | 72.2M | 47.4M | |
Other Current Assets | (6.4M) | (15.3M) | (13.1M) | (17.6M) | (15.9M) | (16.6M) | |
Short Term Debt | 20.7M | 49.0M | 62.3M | 62.8M | 72.2M | 47.4M |
Currently Active Assets on Macroaxis
When determining whether OFS Credit offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OFS Credit'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 Ofs Credit Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ofs Credit Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OFS Credit. 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 more detail on how to invest in OFS Stock please use our How to Invest in OFS Credit guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Asset Management & Custody Banks 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 OFS Credit. If investors know OFS 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 OFS Credit 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 4.279 | Dividend Share 1.465 | Earnings Share 0.68 | Revenue Per Share 1.976 | Quarterly Revenue Growth 0.031 |
The market value of OFS Credit is measured differently than its book value, which is the value of OFS that is recorded on the company's balance sheet. Investors also form their own opinion of OFS Credit's value that differs from its market value or its book value, called intrinsic value, which is OFS Credit'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 OFS Credit's market value can be influenced by many factors that don't directly affect OFS Credit'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 OFS Credit's value and its price as these two are different measures arrived at by different means. Investors typically determine if OFS Credit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OFS Credit'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.