Ocugen Total Assets vs Total Current Liabilities Analysis

OCGN Stock  USD 0.91  0.01  1.11%   
Ocugen financial indicator trend analysis is much more than just breaking down Ocugen Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ocugen Inc is a good investment. Please check the relationship between Ocugen Total Assets and its Total Current Liabilities accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ocugen Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Total Assets vs Total Current Liabilities

Total Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ocugen Inc Total Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ocugen's Total Assets and Total Current Liabilities is 0.67. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Ocugen Inc, assuming nothing else is changed. The correlation between historical values of Ocugen's Total Assets and Total Current Liabilities 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 Ocugen Inc are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Assets i.e., Ocugen's Total Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Ocugen 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 Ocugen Inc 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.

Total Current Liabilities

Total Current Liabilities is an item on Ocugen balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ocugen Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Ocugen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ocugen Inc 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 Ocugen Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
At this time, Ocugen's Selling General Administrative is very stable compared to the past year. Tax Provision is expected to grow at the current pace this year, while Issuance Of Capital Stock is likely to drop about 19.8 M.

Ocugen fundamental ratios Correlations

0.570.670.880.32-0.96-0.350.750.980.350.570.990.650.71-0.46-0.210.23-0.310.340.99-0.330.650.630.490.310.55
0.570.470.30.08-0.460.00.50.480.220.410.540.450.520.11-0.27-0.050.230.10.550.130.450.560.40.220.61
0.670.470.520.85-0.5-0.690.730.540.870.920.580.740.84-0.28-0.150.34-0.110.860.59-0.350.780.950.66-0.260.66
0.880.30.520.24-0.87-0.320.570.890.220.450.890.640.62-0.82-0.020.08-0.720.260.89-0.560.630.480.410.170.39
0.320.080.850.24-0.18-0.750.340.220.980.850.220.590.7-0.18-0.220.33-0.071.00.22-0.290.640.820.45-0.370.47
-0.96-0.46-0.5-0.87-0.180.25-0.64-1.0-0.19-0.41-0.99-0.55-0.590.450.26-0.190.35-0.19-0.980.28-0.53-0.47-0.33-0.44-0.37
-0.350.0-0.69-0.32-0.750.25-0.39-0.28-0.68-0.69-0.3-0.51-0.570.270.38-0.470.16-0.76-0.280.57-0.54-0.56-0.670.49-0.27
0.750.50.730.570.34-0.64-0.390.660.370.490.720.370.46-0.22-0.070.36-0.060.340.72-0.170.390.560.58-0.130.43
0.980.480.540.890.22-1.0-0.280.660.240.460.990.590.63-0.47-0.250.18-0.360.240.99-0.310.580.520.370.410.42
0.350.220.870.220.98-0.19-0.680.370.240.880.250.60.72-0.1-0.240.340.020.980.24-0.150.640.870.48-0.280.56
0.570.410.920.450.85-0.41-0.690.490.460.880.480.860.93-0.26-0.110.25-0.120.860.49-0.390.890.960.7-0.140.73
0.990.540.580.890.22-0.99-0.30.720.990.250.480.60.64-0.46-0.250.19-0.340.241.0-0.320.590.540.420.350.44
0.650.450.740.640.59-0.55-0.510.370.590.60.860.60.97-0.47-0.08-0.14-0.370.610.62-0.611.00.850.590.00.72
0.710.520.840.620.7-0.59-0.570.460.630.720.930.640.97-0.38-0.150.04-0.250.720.66-0.510.980.930.610.020.75
-0.460.11-0.28-0.82-0.180.450.27-0.22-0.47-0.1-0.26-0.46-0.47-0.38-0.220.090.98-0.19-0.470.69-0.46-0.23-0.250.17-0.14
-0.21-0.27-0.15-0.02-0.220.260.38-0.07-0.25-0.24-0.11-0.25-0.08-0.15-0.220.01-0.25-0.21-0.18-0.18-0.09-0.14-0.19-0.04-0.14
0.23-0.050.340.080.33-0.19-0.470.360.180.340.250.19-0.140.040.090.010.160.330.190.03-0.10.140.26-0.01-0.11
-0.310.23-0.11-0.72-0.070.350.16-0.06-0.360.02-0.12-0.34-0.37-0.250.98-0.250.16-0.07-0.350.66-0.35-0.08-0.10.140.02
0.340.10.860.261.0-0.19-0.760.340.240.980.860.240.610.72-0.19-0.210.33-0.070.23-0.30.660.830.46-0.360.49
0.990.550.590.890.22-0.98-0.280.720.990.240.491.00.620.66-0.47-0.180.19-0.350.23-0.340.610.560.430.360.46
-0.330.13-0.35-0.56-0.290.280.57-0.17-0.31-0.15-0.39-0.32-0.61-0.510.69-0.180.030.66-0.3-0.34-0.6-0.29-0.390.38-0.07
0.650.450.780.630.64-0.53-0.540.390.580.640.890.591.00.98-0.46-0.09-0.1-0.350.660.61-0.60.880.62-0.040.73
0.630.560.950.480.82-0.47-0.560.560.520.870.960.540.850.93-0.23-0.140.14-0.080.830.56-0.290.880.61-0.10.78
0.490.40.660.410.45-0.33-0.670.580.370.480.70.420.590.61-0.25-0.190.26-0.10.460.43-0.390.620.61-0.290.63
0.310.22-0.260.17-0.37-0.440.49-0.130.41-0.28-0.140.350.00.020.17-0.04-0.010.14-0.360.360.38-0.04-0.1-0.290.13
0.550.610.660.390.47-0.37-0.270.430.420.560.730.440.720.75-0.14-0.14-0.110.020.490.46-0.070.730.780.630.13
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Ocugen Account Relationship Matchups

Ocugen fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets16.8M27.4M105.8M108.6M64.5M48.2M
Other Current Liab206.0K2.9M4.0M8.3M2.2M2.4M
Total Current Liabilities4.5M3.6M7M18.5M17.1M17.9M
Total Stockholder Equity11.0M21.6M95.8M84.1M40.6M22.2M
Property Plant And Equipment Net222.5K633.0K1.2M6.1M17.3M18.2M
Net Debt(6.0M)(21.5M)(91.7M)(71.2M)(32.5M)(34.1M)
Retained Earnings(51.5M)(73.3M)(131.7M)(213.0M)(286.2M)(271.9M)
Accounts Payable1.9M395K2.3M8.1M3.2M2.8M
Cash7.4M24.0M95.0M77.6M39.5M37.6M
Non Current Assets Total1.0M1.5M3.1M10.1M21.6M22.7M
Non Currrent Assets Other667.7K714.5K1.8M3.1M4.3M4.5M
Cash And Short Term Investments7.4M24.0M95.0M90.9M39.5M38.9M
Common Stock Total Equity513K527.5K1.8M2.0M2.3M2.4M
Common Stock Shares Outstanding13.9M112.2M195.0M214.6M244.3M256.5M
Liabilities And Stockholders Equity16.8M27.4M105.8M108.6M64.5M48.2M
Non Current Liabilities Total1.2M2.2M2.9M6.1M6.9M13.1M
Other Current Assets8.3B1.8M15.4M7.6M3.5M3.3M
Other Stockholder Equity62.0M(1.7B)225.5M294.8M324.1M340.4M
Total Liab5.8M5.8M9.9M24.6M24.0M18.9M
Property Plant And Equipment Gross222.5K633.0K1.5M6.7M18.5M19.4M
Total Current Assets15.8M25.9M102.6M98.5M43.0M42.0M
Accumulated Other Comprehensive Income(10.9M)(10.3M)0.026K20K21K
Common Stock527.5K1.8M2.0M2.2M2.6M2.7M
Short Long Term Debt Total1.4M2.5M3.3M6.4M6.9M7.3M
Current Deferred Revenue2.3M2.9M4.0M11.2M10.5M5.6M
Other Assets474.2K432.1K2.0M177K203.6K193.4K
Long Term Debt1.1M1.8M1.7M2.3M2.8M1.5M
Capital Surpluse215.9M62.0M93.1M225.5M203.0M137.0M
Short Term Debt172.3K278K726K996K1.1M1.5M
Property Plant Equipment222.5K1.1M1.2M10.0M11.5M12.0M
Net Tangible Assets11.0M21.6M95.8M84.1M96.7M101.5M
Net Invested Capital12.1M23.6M97.5M86.3M43.4M39.5M
Net Working Capital11.2M22.3M95.6M80.0M25.9M39.7M
When determining whether Ocugen Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ocugen'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 Ocugen Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ocugen Inc Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ocugen Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Biotechnology 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 Ocugen. If investors know Ocugen 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 Ocugen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.19)
Revenue Per Share
0.018
Quarterly Revenue Growth
1.353
Return On Assets
(0.48)
Return On Equity
(1.03)
The market value of Ocugen Inc is measured differently than its book value, which is the value of Ocugen that is recorded on the company's balance sheet. Investors also form their own opinion of Ocugen's value that differs from its market value or its book value, called intrinsic value, which is Ocugen'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 Ocugen's market value can be influenced by many factors that don't directly affect Ocugen'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 Ocugen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ocugen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ocugen'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.