OD6 Net Invested Capital vs Cash Analysis
| OD6 Stock | 0.03 0 8.57% |
OD6 Metals financial indicator trend analysis is much more than just breaking down OD6 Metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OD6 Metals is a good investment. Please check the relationship between OD6 Metals Net Invested Capital and its Cash accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OD6 Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Net Invested Capital vs Cash
Net Invested Capital vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OD6 Metals Net Invested Capital account and Cash. At this time, the significance of the direction appears to have almost identical trend.
The correlation between OD6 Metals' Net Invested Capital and Cash is 0.95. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Cash in the same time period over historical financial statements of OD6 Metals, assuming nothing else is changed. The correlation between historical values of OD6 Metals' Net Invested Capital and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of OD6 Metals are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Invested Capital i.e., OD6 Metals' Net Invested Capital and Cash go up and down completely randomly.
Correlation Coefficient | 0.95 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Cash
Cash refers to the most liquid asset of OD6 Metals, which is listed under current asset account on OD6 Metals balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from OD6 Metals customers. The amounts must be unrestricted with restricted cash listed in a different OD6 Metals account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from OD6 Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OD6 Metals 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 OD6 Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Selling General Administrative is likely to gain to about 541.3 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 7.9 M in 2024.
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Income | 459.0 | 125.7K | 144.6K | 151.8K | Net Interest Income | 459.0 | 125.7K | 144.6K | 151.8K |
OD6 Metals fundamental ratios Correlations
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OD6 Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for OD6 Stock Analysis
When running OD6 Metals' price analysis, check to measure OD6 Metals' 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 OD6 Metals is operating at the current time. Most of OD6 Metals' value examination focuses on studying past and present price action to predict the probability of OD6 Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OD6 Metals' price. Additionally, you may evaluate how the addition of OD6 Metals to your portfolios can decrease your overall portfolio volatility.