Ocean Short Long Term Debt vs Net Working Capital Analysis

OCEAW Stock

0.04 0 10.71%

Ocean Biomedical financial indicator trend analysis is much more than just breaking down Ocean Biomedical prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ocean Biomedical is a good investment. Please check the relationship between Ocean Biomedical Short Long Term Debt and its Net Working Capital accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ocean 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 nation.

For more information on how to buy Ocean Stock please use our How to Invest in Ocean Biomedical guide.

Short Long Term Debt vs Net Working Capital

Short Long Term Debt vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ocean Biomedical Short Long Term Debt account and Net Working Capital. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Ocean Biomedical's Short Long Term Debt and Net Working Capital is 0.59. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Ocean Biomedical, assuming nothing else is changed. The correlation between historical values of Ocean Biomedical's Short Long Term Debt and Net Working Capital 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 Long Term Debt of Ocean Biomedical are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Short Long Term Debt i.e., Ocean Biomedical's Short Long Term Debt and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.59

Relationship Direction	Positive
Relationship Strength	Weak

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Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Net Working Capital

Most indicators from Ocean Biomedical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ocean 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 Ocean 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 nation.

For more information on how to buy Ocean Stock please use our How to Invest in Ocean Biomedical guide.Selling General Administrative is likely to climb to about 34.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2010	2023	2024 (projected)
Interest Income	1.5M	1.4M	1.2M
Net Interest Income	1.5M	1.4M	1.2M

Interest Income Net Interest Income

Ocean Biomedical fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Common Stock Shares Outstanding	Total Liab	Net Invested Capital	Net Working Capital	Other Current Assets	Net Debt	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Other Stockholder Equity	Common Stock	Short Long Term Debt Total	Net Receivables	Short Long Term Debt	Short Term Debt
Other Current Liab		0.41	0.46	0.1	0.44	0.48	0.35	-0.74	-0.47	0.47	0.42	0.38	0.46	0.47	0.42	-0.35	-0.35	-0.35	-0.35
Total Current Liabilities	0.41		0.52	-0.76	0.29	0.93	0.87	-0.28	-0.4	0.55	0.49	0.44	0.54	0.55	0.49	-0.41	-0.41	-0.41	-0.41
Total Stockholder Equity	0.46	0.52		0.11	0.84	0.74	0.85	-0.86	-0.99	1.0	0.87	0.79	0.94	1.0	0.88	-0.79	-0.79	-0.79	-0.79
Retained Earnings	0.1	-0.76	0.11		0.31	-0.51	-0.44	-0.41	-0.25	0.08	0.07	0.06	0.07	0.08	0.07	-0.06	-0.06	-0.06	-0.06
Common Stock Shares Outstanding	0.44	0.29	0.84	0.31		0.61	0.59	-0.84	-0.88	0.83	0.78	0.72	0.95	0.85	0.78	-0.42	-0.42	-0.42	-0.42
Total Liab	0.48	0.93	0.74	-0.51	0.61		0.94	-0.53	-0.66	0.76	0.68	0.61	0.8	0.77	0.68	-0.47	-0.47	-0.47	-0.47
Net Invested Capital	0.35	0.87	0.85	-0.44	0.59	0.94		-0.55	-0.76	0.86	0.76	0.68	0.81	0.86	0.76	-0.69	-0.69	-0.69	-0.69
Net Working Capital	-0.74	-0.28	-0.86	-0.41	-0.84	-0.53	-0.55		0.91	-0.85	-0.7	-0.61	-0.83	-0.86	-0.7	0.59	0.59	0.59	0.59
Other Current Assets	-0.47	-0.4	-0.99	-0.25	-0.88	-0.66	-0.76	0.91		-0.98	-0.84	-0.75	-0.94	-0.98	-0.84	0.74	0.74	0.74	0.74
Net Debt	0.47	0.55	1.0	0.08	0.83	0.76	0.86	-0.85	-0.98		0.87	0.79	0.94	1.0	0.87	-0.79	-0.79	-0.79	-0.79
Non Currrent Assets Other	0.42	0.49	0.87	0.07	0.78	0.68	0.76	-0.7	-0.84	0.87		0.99	0.84	0.84	1.0	-0.82	-0.82	-0.82	-0.82
Other Assets	0.38	0.44	0.79	0.06	0.72	0.61	0.68	-0.61	-0.75	0.79	0.99		0.76	0.75	0.99	-0.8	-0.8	-0.8	-0.8
Cash And Short Term Investments	0.46	0.54	0.94	0.07	0.95	0.8	0.81	-0.83	-0.94	0.94	0.84	0.76		0.96	0.84	-0.57	-0.57	-0.57	-0.57
Other Stockholder Equity	0.47	0.55	1.0	0.08	0.85	0.77	0.86	-0.86	-0.98	1.0	0.84	0.75	0.96		0.84	-0.74	-0.74	-0.74	-0.74
Common Stock	0.42	0.49	0.88	0.07	0.78	0.68	0.76	-0.7	-0.84	0.87	1.0	0.99	0.84	0.84		-0.82	-0.82	-0.82	-0.82
Short Long Term Debt Total	-0.35	-0.41	-0.79	-0.06	-0.42	-0.47	-0.69	0.59	0.74	-0.79	-0.82	-0.8	-0.57	-0.74	-0.82		1.0	1.0	1.0
Net Receivables	-0.35	-0.41	-0.79	-0.06	-0.42	-0.47	-0.69	0.59	0.74	-0.79	-0.82	-0.8	-0.57	-0.74	-0.82	1.0		1.0	1.0
Short Long Term Debt	-0.35	-0.41	-0.79	-0.06	-0.42	-0.47	-0.69	0.59	0.74	-0.79	-0.82	-0.8	-0.57	-0.74	-0.82	1.0	1.0		1.0
Short Term Debt	-0.35	-0.41	-0.79	-0.06	-0.42	-0.47	-0.69	0.59	0.74	-0.79	-0.82	-0.8	-0.57	-0.74	-0.82	1.0	1.0	1.0

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Ocean Biomedical Account Relationship Matchups

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Additional Tools for Ocean Stock Analysis

When running Ocean Biomedical's price analysis, check to measure Ocean Biomedical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ocean Biomedical is operating at the current time. Most of Ocean Biomedical's value examination focuses on studying past and present price action to predict the probability of Ocean Biomedical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ocean Biomedical's price. Additionally, you may evaluate how the addition of Ocean Biomedical to your portfolios can decrease your overall portfolio volatility.

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Ocean Short Long Term Debt vs Net Working Capital Analysis

Short Long Term Debt vs Net Working Capital

Short Long Term Debt vs Net Working Capital Correlation Analysis

Correlation Coefficient

Short Long Term Debt

Net Working Capital

Ocean Biomedical fundamental ratios Correlations

Ocean Biomedical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

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COMPANY

Net Debt	+ 1.0	Total Stockholder Equity
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Other Stockholder Equity	+ 1.0	Net Debt
Common Stock	+ 1.0	Non Currrent Assets Other
Net Receivables	+ 1.0	Short Long Term Debt Total
Short Long Term Debt	+ 1.0	Short Long Term Debt Total

Other Current Assets	- 0.99	Total Stockholder Equity
Other Stockholder Equity	- 0.98	Other Current Assets
Net Debt	- 0.98	Other Current Assets
Cash And Short Term Investments	- 0.94	Other Current Assets
Other Current Assets	- 0.88	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.86	Net Working Capital