Odyssey Net Debt vs Cash Analysis

ODY Stock

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

Net Debt vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Odyssey Energy Net Debt account and Cash. At this time, the significance of the direction appears to have pay attention.

The correlation between Odyssey Energy's Net Debt and Cash is -0.99. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash in the same time period over historical financial statements of Odyssey Energy, assuming nothing else is changed. The correlation between historical values of Odyssey Energy's Net Debt 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 Debt of Odyssey Energy 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 Debt i.e., Odyssey Energy's Net Debt and Cash go up and down completely randomly.

Correlation Coefficient

-0.99

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Cash

Cash refers to the most liquid asset of Odyssey Energy, which is listed under current asset account on Odyssey Energy balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Odyssey Energy customers. The amounts must be unrestricted with restricted cash listed in a different Odyssey Energy 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 Odyssey Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Odyssey Energy 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 Odyssey Energy. 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.

Issuance Of Capital Stock is likely to gain to about 5.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 376.8 K in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	9.5M	3.9M	2.2M	1.6M
Cost Of Revenue	62.0K	67.0K	64.8K	76.5K

Total Operating Expenses Cost Of Revenue

Odyssey Energy fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Property Plant Equipment	Current Deferred Revenue	Other Current Assets	Non Currrent Assets Other	Inventory
Total Assets		0.02	0.22	0.35	0.96	0.0	-0.68	-0.21	0.49	0.72	0.56	-0.06	0.72	0.64	0.53	0.45	0.3	0.31	0.53	0.72	0.57	0.54	-0.06	0.04	0.45	-0.63
Short Long Term Debt Total	0.02		-0.65	-0.58	0.25	-0.05	-0.2	-0.71	-0.39	0.08	-0.06	-0.28	0.08	0.07	0.8	0.43	-0.74	-0.7	0.13	0.1	0.75	0.05	-0.13	-0.82	0.54	-0.07
Other Current Liab	0.22	-0.65		0.96	-0.05	-0.3	0.37	0.27	0.76	-0.3	0.59	0.31	-0.3	0.19	-0.42	0.02	0.82	0.93	0.18	-0.27	-0.23	0.12	0.19	0.76	-0.29	-0.2
Total Current Liabilities	0.35	-0.58	0.96		0.08	-0.38	0.27	0.22	0.91	-0.2	0.64	0.28	-0.2	0.44	-0.33	0.06	0.83	0.96	0.2	-0.17	-0.14	0.14	0.17	0.69	-0.22	-0.46
Total Stockholder Equity	0.96	0.25	-0.05	0.08		0.06	-0.81	-0.33	0.26	0.82	0.41	-0.09	0.82	0.56	0.72	0.47	0.04	0.03	0.53	0.82	0.71	0.51	-0.05	-0.21	0.58	-0.56
Property Plant And Equipment Net	0.0	-0.05	-0.3	-0.38	0.06		-0.24	0.22	-0.43	0.3	-0.25	-0.26	0.3	-0.46	-0.05	-0.08	-0.04	-0.23	0.49	0.25	-0.19	0.58	-0.29	0.13	0.38	0.48
Net Debt	-0.68	-0.2	0.37	0.27	-0.81	-0.24		0.0	0.09	-0.99	0.1	-0.16	-0.99	-0.29	-0.6	0.01	0.13	0.26	-0.34	-0.99	-0.42	-0.28	-0.22	0.32	-0.47	0.3
Retained Earnings	-0.21	-0.71	0.27	0.22	-0.33	0.22	0.0		0.12	0.05	-0.32	0.61	0.05	-0.23	-0.74	-0.87	0.58	0.43	-0.16	0.09	-0.85	-0.3	0.5	0.7	-0.58	0.2
Accounts Payable	0.49	-0.39	0.76	0.91	0.26	-0.43	0.09	0.12		-0.04	0.63	0.21	-0.04	0.74	-0.15	0.11	0.73	0.86	0.2	-0.01	0.01	0.16	0.13	0.48	-0.09	-0.75
Cash	0.72	0.08	-0.3	-0.2	0.82	0.3	-0.99	0.05	-0.04		-0.05	0.1	1.0	0.29	0.52	0.01	-0.04	-0.18	0.35	0.99	0.34	0.33	0.13	-0.21	0.42	-0.29
Non Current Assets Total	0.56	-0.06	0.59	0.64	0.41	-0.25	0.1	-0.32	0.63	-0.05		-0.18	-0.05	0.45	0.18	0.6	0.55	0.56	0.36	-0.05	0.39	0.38	-0.23	0.28	0.16	-0.44
Long Term Debt	-0.06	-0.28	0.31	0.28	-0.09	-0.26	-0.16	0.61	0.21	0.1	-0.18		0.1	0.02	-0.2	-0.73	0.33	0.3	0.05	0.21	-0.28	-0.32	0.99	0.27	-0.22	-0.08
Cash And Short Term Investments	0.72	0.08	-0.3	-0.2	0.82	0.3	-0.99	0.05	-0.04	1.0	-0.05	0.1		0.29	0.52	0.01	-0.04	-0.18	0.35	0.99	0.34	0.33	0.13	-0.21	0.42	-0.29
Net Receivables	0.64	0.07	0.19	0.44	0.56	-0.46	-0.29	-0.23	0.74	0.29	0.45	0.02	0.29		0.31	0.28	0.22	0.35	0.19	0.3	0.41	0.18	0.04	-0.11	0.24	-1.0
Common Stock Total Equity	0.53	0.8	-0.42	-0.33	0.72	-0.05	-0.6	-0.74	-0.15	0.52	0.18	-0.2	0.52	0.31		0.58	-0.53	-0.5	0.4	0.53	0.95	0.34	-0.06	-0.75	0.75	-0.31
Common Stock Shares Outstanding	0.45	0.43	0.02	0.06	0.47	-0.08	0.01	-0.87	0.11	0.01	0.6	-0.73	0.01	0.28	0.58		-0.21	-0.09	0.29	-0.05	0.75	0.49	-0.69	-0.33	0.5	-0.24
Non Current Liabilities Total	0.3	-0.74	0.82	0.83	0.04	-0.04	0.13	0.58	0.73	-0.04	0.55	0.33	-0.04	0.22	-0.53	-0.21		0.92	0.16	-0.01	-0.43	0.1	0.19	0.88	-0.37	-0.23
Total Liab	0.31	-0.7	0.93	0.96	0.03	-0.23	0.26	0.43	0.86	-0.18	0.56	0.3	-0.18	0.35	-0.5	-0.09	0.92		0.16	-0.15	-0.33	0.11	0.17	0.85	-0.34	-0.37
Property Plant And Equipment Gross	0.53	0.13	0.18	0.2	0.53	0.49	-0.34	-0.16	0.2	0.35	0.36	0.05	0.35	0.19	0.4	0.29	0.16	0.16		0.37	0.41	0.91	0.05	0.05	0.81	-0.2
Total Current Assets	0.72	0.1	-0.27	-0.17	0.82	0.25	-0.99	0.09	-0.01	0.99	-0.05	0.21	0.99	0.3	0.53	-0.05	-0.01	-0.15	0.37		0.35	0.29	0.25	-0.2	0.41	-0.31
Common Stock	0.57	0.75	-0.23	-0.14	0.71	-0.19	-0.42	-0.85	0.01	0.34	0.39	-0.28	0.34	0.41	0.95	0.75	-0.43	-0.33	0.41	0.35		0.39	-0.17	-0.65	0.72	-0.41
Property Plant Equipment	0.54	0.05	0.12	0.14	0.51	0.58	-0.28	-0.3	0.16	0.33	0.38	-0.32	0.33	0.18	0.34	0.49	0.1	0.11	0.91	0.29	0.39		-0.33	0.02	0.81	-0.16
Current Deferred Revenue	-0.06	-0.13	0.19	0.17	-0.05	-0.29	-0.22	0.5	0.13	0.13	-0.23	0.99	0.13	0.04	-0.06	-0.69	0.19	0.17	0.05	0.25	-0.17	-0.33		0.1	-0.13	-0.11
Other Current Assets	0.04	-0.82	0.76	0.69	-0.21	0.13	0.32	0.7	0.48	-0.21	0.28	0.27	-0.21	-0.11	-0.75	-0.33	0.88	0.85	0.05	-0.2	-0.65	0.02	0.1		-0.52	0.09
Non Currrent Assets Other	0.45	0.54	-0.29	-0.22	0.58	0.38	-0.47	-0.58	-0.09	0.42	0.16	-0.22	0.42	0.24	0.75	0.5	-0.37	-0.34	0.81	0.41	0.72	0.81	-0.13	-0.52		-0.23
Inventory	-0.63	-0.07	-0.2	-0.46	-0.56	0.48	0.3	0.2	-0.75	-0.29	-0.44	-0.08	-0.29	-1.0	-0.31	-0.24	-0.23	-0.37	-0.2	-0.31	-0.41	-0.16	-0.11	0.09	-0.23

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Odyssey Energy Account Relationship Matchups

Odyssey Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	14.3M	22.2M	12.8M	12.1M	12.0M	10.7M
Other Current Liab	24.5K	520.5K	1.6M	1.1M	46.1K	43.8K
Total Current Liabilities	45.9K	1.9M	2.8M	1.3M	164.9K	156.7K
Total Stockholder Equity	14.2M	19.3M	10.0M	10.8M	11.8M	8.8M
Net Debt	(14.2M)	(12.7M)	(3.5M)	(2.9M)	(2.9M)	(3.1M)
Retained Earnings	(25.7M)	(30.1M)	(39.6M)	(43.5M)	(44.0M)	(41.8M)
Accounts Payable	21.4K	1.4M	1.2M	182.7K	118.9K	112.9K
Cash	14.2M	12.7M	3.5M	2.9M	2.9M	5.7M
Cash And Short Term Investments	14.2M	12.7M	3.5M	2.9M	2.9M	5.7M
Net Receivables	31.1K	508.0K	198.2K	58.1K	37.0K	72.6K
Liabilities And Stockholders Equity	14.3M	22.2M	12.8M	12.1M	12.0M	10.7M
Total Liab	45.9K	2.9M	2.8M	1.3M	164.9K	156.7K
Total Current Assets	14.3M	13.2M	3.7M	3.0M	3.0M	2.8M
Other Current Assets	31.1K	508.0K	198.2K	58.1K	37.0K	35.2K
Inventory	(31.1K)	(508.0K)	(198.2K)	(58.1K)	(37.0K)	(38.9K)
Net Tangible Assets	14.2M	19.3M	10.0M	10.8M	12.4M	11.8M
Cash And Equivalents	14.4M	14.2M	12.7M	3.5M	3.1M	3.0M
Net Invested Capital	14.2M	19.3M	10.0M	10.8M	11.8M	11.0M
Net Working Capital	14.2M	11.3M	877.9K	1.7M	2.8M	2.7M

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