Oriental Accounts Payable vs Common Stock Analysis

OCG Stock  USD 1.28  0.16  11.11%   
Oriental Culture financial indicator trend analysis is much more than just breaking down Oriental Culture Holding prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oriental Culture Holding is a good investment. Please check the relationship between Oriental Culture Accounts Payable and its Common Stock accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oriental Culture Holding. 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.

Accounts Payable vs Common Stock

Accounts Payable vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oriental Culture Holding Accounts Payable account and Common Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Oriental Culture's Accounts Payable and Common Stock is 0.81. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock in the same time period over historical financial statements of Oriental Culture Holding, assuming nothing else is changed. The correlation between historical values of Oriental Culture's Accounts Payable 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 Accounts Payable of Oriental Culture Holding 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 Accounts Payable i.e., Oriental Culture's Accounts Payable and Common Stock go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Accounts Payable

An accounting item on the balance sheet that represents Oriental Culture obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Oriental Culture Holding are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Common Stock

Most indicators from Oriental Culture's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oriental Culture Holding 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 Oriental Culture Holding. 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.
At this time, Oriental Culture's Sales General And Administrative To Revenue is most likely to increase slightly in the upcoming years.
 2021 2022 2023 2024 (projected)
Gross Profit35.2M16.8M1.2M1.1M
Total Revenue37.6M17.8M1.6M1.5M

Oriental Culture fundamental ratios Correlations

-0.590.721.00.960.89-0.71-0.980.980.780.980.9-0.21-0.340.98-0.930.960.660.770.990.720.91.00.650.890.99
-0.59-0.38-0.59-0.67-0.470.80.48-0.63-0.55-0.5-0.40.440.01-0.520.41-0.64-0.21-0.79-0.58-0.38-0.6-0.59-0.79-0.49-0.62
0.72-0.380.680.640.35-0.59-0.760.560.970.760.39-0.14-0.40.73-0.680.690.590.360.751.00.640.680.210.340.79
1.0-0.590.680.970.91-0.71-0.970.990.750.970.92-0.21-0.330.98-0.920.960.650.780.990.680.91.00.670.910.98
0.96-0.670.640.970.89-0.72-0.90.960.710.920.89-0.12-0.350.92-0.880.930.490.760.960.640.840.970.70.890.95
0.89-0.470.350.910.89-0.46-0.820.930.430.830.99-0.2-0.370.85-0.880.830.450.80.870.350.730.910.751.00.82
-0.710.8-0.59-0.71-0.72-0.460.66-0.71-0.72-0.67-0.480.06-0.22-0.670.42-0.82-0.57-0.54-0.69-0.59-0.88-0.71-0.46-0.47-0.76
-0.980.48-0.76-0.97-0.9-0.820.66-0.94-0.79-1.0-0.860.230.29-1.00.91-0.91-0.78-0.68-0.96-0.76-0.88-0.97-0.51-0.82-0.97
0.98-0.630.560.990.960.93-0.71-0.940.650.940.94-0.24-0.230.96-0.880.940.650.810.950.570.90.990.70.930.95
0.78-0.550.970.750.710.43-0.72-0.790.650.790.44-0.24-0.350.77-0.70.790.590.510.810.970.730.750.380.430.85
0.98-0.50.760.970.920.83-0.67-1.00.940.790.86-0.22-0.31.0-0.910.910.770.680.960.760.880.970.520.820.97
0.9-0.40.390.920.890.99-0.48-0.860.940.440.86-0.1-0.320.88-0.880.840.530.710.880.390.760.920.640.980.84
-0.210.44-0.14-0.21-0.12-0.20.060.23-0.24-0.24-0.22-0.10.21-0.240.3-0.11-0.22-0.66-0.22-0.15-0.09-0.21-0.57-0.21-0.24
-0.340.01-0.4-0.33-0.35-0.37-0.220.29-0.23-0.35-0.3-0.320.21-0.280.63-0.230.22-0.35-0.42-0.40.06-0.33-0.41-0.38-0.34
0.98-0.520.730.980.920.85-0.67-1.00.960.771.00.88-0.24-0.28-0.910.910.760.710.960.730.890.980.550.840.97
-0.930.41-0.68-0.92-0.88-0.880.420.91-0.88-0.7-0.91-0.880.30.63-0.91-0.82-0.51-0.74-0.94-0.68-0.68-0.92-0.65-0.88-0.91
0.96-0.640.690.960.930.83-0.82-0.910.940.790.910.84-0.11-0.230.91-0.820.620.730.960.690.950.960.640.830.97
0.66-0.210.590.650.490.45-0.57-0.780.650.590.770.53-0.220.220.76-0.510.620.340.610.590.790.650.080.440.68
0.77-0.790.360.780.760.8-0.54-0.680.810.510.680.71-0.66-0.350.71-0.740.730.340.770.360.630.780.960.810.75
0.99-0.580.750.990.960.87-0.69-0.960.950.810.960.88-0.22-0.420.96-0.940.960.610.770.750.870.990.670.870.99
0.72-0.381.00.680.640.35-0.59-0.760.570.970.760.39-0.15-0.40.73-0.680.690.590.360.750.640.680.210.340.79
0.9-0.60.640.90.840.73-0.88-0.880.90.730.880.76-0.090.060.89-0.680.950.790.630.870.640.90.490.730.9
1.0-0.590.681.00.970.91-0.71-0.970.990.750.970.92-0.21-0.330.98-0.920.960.650.780.990.680.90.670.910.98
0.65-0.790.210.670.70.75-0.46-0.510.70.380.520.64-0.57-0.410.55-0.650.640.080.960.670.210.490.670.760.63
0.89-0.490.340.910.891.0-0.47-0.820.930.430.820.98-0.21-0.380.84-0.880.830.440.810.870.340.730.910.760.83
0.99-0.620.790.980.950.82-0.76-0.970.950.850.970.84-0.24-0.340.97-0.910.970.680.750.990.790.90.980.630.83
Click cells to compare fundamentals

Oriental Culture Account Relationship Matchups

Oriental Culture fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.7M41.1M50.8M53.4M48.6M39.1M
Other Current Liab896.6K1.1M2.1M290.2K276.4K262.6K
Total Current Liabilities1.6M7.5M3.6M3.8M3.1M3.9M
Total Stockholder Equity13.1M33.6M47.2M49.6M45.5M35.1M
Property Plant And Equipment Net460.9K372.2K9.9M9.5M9.2M5.4M
Current Deferred Revenue176.5K243.4K697.9K449.0K181.9K342.9K
Net Debt(9.2M)(24.0M)(29.4M)(29.0M)(17.7M)(18.6M)
Retained Earnings11.6M13.6M25.1M28.3M24.7M19.4M
Accounts Payable541.3K6.1M1.6M3.0M2.6M2.6M
Cash9.2M24.0M29.4M29.0M17.7M20.4M
Non Current Assets Total2.5M2.1M14.7M11.2M10.7M7.7M
Non Currrent Assets Other782.0K(1.5M)3.1M(11.2M)108.3K113.7K
Cash And Short Term Investments10.9M25.1M33.1M33.7M20.9M23.1M
Net Receivables1.3M403.0K55.2K29.5K346.1K404.2K
Common Stock Shares Outstanding20.3M20.4M21.0M21.1M4.3M4.1M
Liabilities And Stockholders Equity14.7M41.1M50.8M53.4M48.6M39.1M
Other Current Assets32.9K2.9M2.9M25.0M17.0M8.8M
Other Stockholder Equity1.6M18.9M20.9M22.3M22.4M15.8M
Total Liab1.6M7.5M3.6M3.8M3.1M3.9M
Net Invested Capital13.1M33.6M47.2M49.6M45.5M35.1M
Long Term Investments501.0K535.6K548.2K932.6K917.0K734.0K
Property Plant And Equipment Gross460.9K372.2K10.4M10.2M10.2M5.9M
Total Current Assets12.2M39.0M36.1M42.2M37.9M31.3M
Accumulated Other Comprehensive Income(109.2K)1.0M210.3K(1.1M)(1.6M)(1.5M)
Capital Stock1.2K1.5K1.5K1.5K1.5K1.5K
Net Working Capital10.6M31.5M32.5M38.4M34.8M27.4M
Intangible Assets739.8K573.0K1.1M816.9K529.6K716.4K
Common Stock1.2K1.5K1.5K1.5K1.5K1.5K

Currently Active Assets on Macroaxis

When determining whether Oriental Culture Holding is a strong investment it is important to analyze Oriental Culture'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 Oriental Culture's future performance. For an informed investment choice regarding Oriental 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 Oriental Culture Holding. 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.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Interactive Media & Services 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 Oriental Culture. If investors know Oriental 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 Oriental Culture 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
(0.62)
Revenue Per Share
0.37
Quarterly Revenue Growth
0.019
Return On Assets
(0.05)
The market value of Oriental Culture Holding is measured differently than its book value, which is the value of Oriental that is recorded on the company's balance sheet. Investors also form their own opinion of Oriental Culture's value that differs from its market value or its book value, called intrinsic value, which is Oriental Culture'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 Oriental Culture's market value can be influenced by many factors that don't directly affect Oriental Culture'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 Oriental Culture's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oriental Culture is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oriental Culture'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.