Oneconnect Ptb Ratio vs Ev To Operating Cash Flow Analysis

OCFT Stock  USD 2.49  0.18  7.79%   
Oneconnect Financial financial indicator trend analysis is much more than just breaking down Oneconnect Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oneconnect Financial is a good investment. Please check the relationship between Oneconnect Financial Ptb Ratio and its Ev To Operating Cash Flow accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oneconnect Financial Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Ptb Ratio vs Ev To Operating Cash Flow

Ptb Ratio vs Ev To Operating Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oneconnect Financial Ptb Ratio account and Ev To Operating Cash Flow. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Oneconnect Financial's Ptb Ratio and Ev To Operating Cash Flow is 0.92. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Ev To Operating Cash Flow in the same time period over historical financial statements of Oneconnect Financial Technology, assuming nothing else is changed. The correlation between historical values of Oneconnect Financial's Ptb Ratio and Ev To Operating Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Oneconnect Financial Technology are associated (or correlated) with its Ev To Operating Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Operating Cash Flow has no effect on the direction of Ptb Ratio i.e., Oneconnect Financial's Ptb Ratio and Ev To Operating Cash Flow go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Ev To Operating Cash Flow

A valuation metric comparing the company's enterprise value to its operating cash flow, indicating how many dollars of EV are generated for each dollar of operating cash flows.
Most indicators from Oneconnect Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oneconnect Financial 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 Oneconnect Financial Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Selling General Administrative is likely to gain to about 715.8 M in 2024, whereas Tax Provision is likely to drop (7.1 M) in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense76.6M37.2M19.5M18.6M
Depreciation And Amortization438.7M281.4M201.3M239.7M

Oneconnect Financial fundamental ratios Correlations

0.110.420.981.00.970.990.40.6-0.25-0.810.570.650.880.460.690.920.820.830.330.940.450.78-0.330.330.45
0.11-0.54-0.050.15-0.010.080.84-0.690.860.47-0.15-0.21-0.27-0.63-0.54-0.09-0.32-0.33-0.520.050.820.37-0.520.52-0.58
0.42-0.540.490.40.50.46-0.430.77-0.53-0.7-0.180.30.570.650.640.460.340.660.890.49-0.390.010.24-0.240.95
0.98-0.050.490.960.980.970.270.73-0.34-0.890.60.610.930.60.790.910.870.880.420.940.30.69-0.230.230.53
1.00.150.40.960.970.990.420.56-0.23-0.790.550.680.860.410.670.930.80.820.30.920.490.81-0.350.350.42
0.97-0.010.50.980.970.990.270.69-0.34-0.880.560.650.950.560.810.890.830.930.440.890.330.75-0.330.340.53
0.990.080.460.970.990.990.350.62-0.29-0.830.540.680.90.480.740.930.810.880.370.920.420.77-0.310.310.48
0.40.84-0.430.270.420.270.35-0.430.650.160.23-0.060.08-0.55-0.230.210.12-0.05-0.580.40.960.71-0.540.54-0.34
0.6-0.690.770.730.560.690.62-0.43-0.77-0.940.430.50.840.910.910.640.760.850.770.61-0.410.180.15-0.150.81
-0.250.86-0.53-0.34-0.23-0.34-0.290.65-0.770.69-0.42-0.68-0.51-0.64-0.74-0.5-0.6-0.59-0.47-0.210.510.02-0.410.41-0.53
-0.810.47-0.7-0.89-0.79-0.88-0.830.16-0.940.69-0.55-0.66-0.95-0.81-0.93-0.83-0.88-0.94-0.65-0.770.11-0.470.06-0.06-0.75
0.57-0.15-0.180.60.550.560.540.230.43-0.42-0.550.540.620.310.560.590.850.5-0.190.480.250.61-0.230.23-0.02
0.65-0.210.30.610.680.650.68-0.060.5-0.68-0.660.540.590.360.630.850.680.660.20.490.170.470.05-0.050.23
0.88-0.270.570.930.860.950.90.080.84-0.51-0.950.620.590.690.910.820.890.960.530.820.10.66-0.280.280.66
0.46-0.630.650.60.410.560.48-0.550.91-0.64-0.810.310.360.690.770.450.560.710.830.41-0.56-0.050.12-0.120.62
0.69-0.540.640.790.670.810.74-0.230.91-0.74-0.930.560.630.910.770.740.820.960.590.66-0.170.380.05-0.050.69
0.92-0.090.460.910.930.890.930.210.64-0.5-0.830.590.850.820.450.740.850.820.290.870.340.67-0.040.040.45
0.82-0.320.340.870.80.830.810.120.76-0.6-0.880.850.680.890.560.820.850.810.230.790.170.67-0.140.140.48
0.83-0.330.660.880.820.930.88-0.050.85-0.59-0.940.50.660.960.710.960.820.810.610.760.020.55-0.140.140.69
0.33-0.520.890.420.30.440.37-0.580.77-0.47-0.65-0.190.20.530.830.590.290.230.610.31-0.57-0.160.11-0.110.79
0.940.050.490.940.920.890.920.40.61-0.21-0.770.480.490.820.410.660.870.790.760.310.410.68-0.10.10.54
0.450.82-0.390.30.490.330.420.96-0.410.510.110.250.170.1-0.56-0.170.340.170.02-0.570.410.76-0.510.51-0.34
0.780.370.010.690.810.750.770.710.180.02-0.470.610.470.66-0.050.380.670.670.55-0.160.680.76-0.650.650.15
-0.33-0.520.24-0.23-0.35-0.33-0.31-0.540.15-0.410.06-0.230.05-0.280.120.05-0.04-0.14-0.140.11-0.1-0.51-0.65-1.00.13
0.330.52-0.240.230.350.340.310.54-0.150.41-0.060.23-0.050.28-0.12-0.050.040.140.14-0.110.10.510.65-1.0-0.13
0.45-0.580.950.530.420.530.48-0.340.81-0.53-0.75-0.020.230.660.620.690.450.480.690.790.54-0.340.150.13-0.13
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Oneconnect Financial Account Relationship Matchups

Oneconnect Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.9B10.9B9.3B8.9B8.1B9.4B
Short Long Term Debt Total3.3B2.3B815.3M333.6M357.3M339.5M
Other Current Liab540.8M1.8B3.1B530.2M4.5B4.7B
Total Current Liabilities4.9B5.2B5.2B5.4B5.1B5.3B
Total Stockholder Equity4.4B5.2B3.8B3.3B3.0B3.7B
Other Liab302.3M379.1M385.2M343.1M394.6M333.0M
Net Tangible Assets3.4B4.3B3.1B2.7B3.1B2.9B
Property Plant And Equipment Net314.5M224.3M244.4M151.4M85.1M80.8M
Current Deferred Revenue105.0M544.4M1.5B2.1B2.4B2.5B
Net Debt2.1B(771.9M)(584.1M)(1.6B)(1.0B)(971.0M)
Retained Earnings(4.0B)(5.4B)(6.6B)(7.5B)(7.9B)(8.3B)
Accounts Payable1.1B920.2M1.1B2.5B246.6M234.2M
Cash1.1B3.1B1.4B1.9B1.4B1.6B
Non Current Assets Total2.3B1.9B2.4B2.5B2.7B2.3B
Non Currrent Assets Other41.0M42.1M1.5M780.3M897.3M942.2M
Other Assets464.8M606.6M684.8M766.0M880.9M607.6M
Cash And Short Term Investments2.8B5.1B4.0B3.8B3.2B3.7B
Net Receivables921.4M1.1B1.7B2.1B809.6M1.1B
Common Stock Shares Outstanding31.3M35.5M36.9M36.8M1.1B1.1B
Short Term Investments1.7B2.1B2.6B1.9B1.8B2.1B
Liabilities And Stockholders Equity9.9B10.9B9.3B8.9B8.1B9.4B
Non Current Liabilities Total466.9M433.3M343.1M158.0M47.5M45.1M
Capital Lease Obligations189.7M134.2M154.9M91.6M51.2M48.7M
Inventory(4.2T)(3.9B)(3.3B)(690.6M)(925.2M)(971.5M)
Other Current Assets4.2T5.9B1.8B400.2M1.4B1.3B
Total Liab5.4B5.6B5.5B5.6B5.1B5.6B
Net Invested Capital7.6B7.5B4.6B3.6B3.3B4.0B
Long Term Investments512.3M222.8M826.5M1.0B1.4B1.4B
Property Plant And Equipment Gross527.0M224.3M691.4M591.7M531.0M478.7M
Short Long Term Debt3.2B2.3B815.3M289.1M306.1M290.8M
Total Current Assets7.7B8.9B6.9B6.4B5.4B7.1B
Accumulated Other Comprehensive Income8.5B10.6B10.5B11.0B1.2B1.2B
Net Working Capital2.7B3.8B1.7B928.0M285.9M271.6M
Short Term Debt3.2B2.4B872.7M289.1M329.0M312.6M
Intangible Assets687.8M627.9M398.0M281.3M182.2M363.0M

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