Oxford Depreciation vs Change To Account Receivables Analysis

OMG Stock   62.20  0.20  0.32%   
Oxford Metrics financial indicator trend analysis is much more than just breaking down Oxford Metrics plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oxford Metrics plc is a good investment. Please check the relationship between Oxford Metrics Depreciation and its Change To Account Receivables accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oxford Metrics plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Depreciation vs Change To Account Receivables

Depreciation vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oxford Metrics plc Depreciation account and Change To Account Receivables. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Oxford Metrics' Depreciation and Change To Account Receivables is -0.01. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Oxford Metrics plc, assuming nothing else is changed. The correlation between historical values of Oxford Metrics' Depreciation and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Oxford Metrics plc are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Depreciation i.e., Oxford Metrics' Depreciation and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Depreciation

Depreciation indicates how much of Oxford Metrics plc value has been used up. For tax purposes Oxford Metrics can deduct the cost of the tangible assets it purchases as business expenses. However, Oxford Metrics plc must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Change To Account Receivables

Most indicators from Oxford Metrics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oxford Metrics plc 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 Oxford Metrics plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At present, Oxford Metrics' Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 561.3 K, whereas Issuance Of Capital Stock is forecasted to decline to about 381.7 K.
 2021 2022 2023 2024 (projected)
Gross Profit18.1M28.7M33.1M34.7M
Total Revenue28.8M44.2M50.9M25.9M

Oxford Metrics fundamental ratios Correlations

0.00.881.00.89-0.560.970.490.720.49-0.390.980.480.510.95-0.420.550.880.890.990.490.880.630.790.56-0.62
0.00.23-0.02-0.060.18-0.13-0.34-0.19-0.010.23-0.140.440.32-0.05-0.440.270.11-0.06-0.080.42-0.18-0.34-0.010.090.39
0.880.230.840.85-0.430.760.390.570.64-0.510.780.730.70.84-0.360.740.990.850.820.730.870.690.760.76-0.45
1.0-0.020.840.86-0.560.990.480.720.43-0.350.980.430.470.95-0.440.50.840.861.00.450.850.590.780.5-0.64
0.89-0.060.850.86-0.290.840.430.490.6-0.570.850.40.440.92-0.190.50.881.00.860.40.950.780.810.56-0.6
-0.560.18-0.43-0.56-0.29-0.56-0.33-0.97-0.360.33-0.61-0.41-0.42-0.340.33-0.4-0.46-0.29-0.57-0.45-0.38-0.5-0.17-0.520.48
0.97-0.130.760.990.84-0.560.480.720.36-0.330.990.30.370.94-0.430.390.760.840.990.320.820.570.770.43-0.7
0.49-0.340.390.480.43-0.330.480.390.490.080.460.120.250.460.240.550.470.430.470.140.590.360.290.25-0.21
0.72-0.190.570.720.49-0.970.720.390.41-0.410.770.430.450.53-0.380.430.60.490.730.460.560.60.360.57-0.59
0.49-0.010.640.430.6-0.360.360.490.41-0.580.40.470.550.380.120.750.720.60.40.50.70.780.210.51-0.04
-0.390.23-0.51-0.35-0.570.33-0.330.08-0.41-0.58-0.41-0.32-0.31-0.350.06-0.21-0.57-0.57-0.37-0.33-0.57-0.87-0.36-0.570.42
0.98-0.140.780.980.85-0.610.990.460.770.4-0.410.340.410.93-0.460.410.790.850.990.360.830.630.770.49-0.72
0.480.440.730.430.4-0.410.30.120.430.47-0.320.340.90.41-0.210.810.680.40.40.990.430.380.480.86-0.23
0.510.320.70.470.44-0.420.370.250.450.55-0.310.410.90.47-0.190.890.660.440.460.920.470.40.550.83-0.36
0.95-0.050.840.950.92-0.340.940.460.530.38-0.350.930.410.47-0.30.480.830.920.950.420.870.570.90.52-0.69
-0.42-0.44-0.36-0.44-0.190.33-0.430.24-0.380.120.06-0.46-0.21-0.19-0.3-0.02-0.26-0.19-0.44-0.22-0.110.03-0.3-0.140.27
0.550.270.740.50.5-0.40.390.550.430.75-0.210.410.810.890.48-0.020.750.50.470.840.60.470.440.73-0.15
0.880.110.990.840.88-0.460.760.470.60.72-0.570.790.680.660.83-0.260.750.880.820.690.930.780.730.77-0.46
0.89-0.060.850.861.0-0.290.840.430.490.6-0.570.850.40.440.92-0.190.50.880.860.40.950.780.810.56-0.6
0.99-0.080.821.00.86-0.570.990.470.730.4-0.370.990.40.460.95-0.440.470.820.860.420.850.60.80.51-0.69
0.490.420.730.450.4-0.450.320.140.460.5-0.330.360.990.920.42-0.220.840.690.40.420.440.390.480.86-0.25
0.88-0.180.870.850.95-0.380.820.590.560.7-0.570.830.430.470.87-0.110.60.930.950.850.440.840.740.61-0.55
0.63-0.340.690.590.78-0.50.570.360.60.78-0.870.630.380.40.570.030.470.780.780.60.390.840.470.64-0.49
0.79-0.010.760.780.81-0.170.770.290.360.21-0.360.770.480.550.9-0.30.440.730.810.80.480.740.470.64-0.77
0.560.090.760.50.56-0.520.430.250.570.51-0.570.490.860.830.52-0.140.730.770.560.510.860.610.640.64-0.56
-0.620.39-0.45-0.64-0.60.48-0.7-0.21-0.59-0.040.42-0.72-0.23-0.36-0.690.27-0.15-0.46-0.6-0.69-0.25-0.55-0.49-0.77-0.56
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Oxford Metrics Account Relationship Matchups

Oxford Metrics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets45.6M51.1M94.7M99.2M114.0M119.7M
Other Current Liab2.4M3.2M1.9M3.8M4.4M4.0M
Total Current Liabilities10.4M13.1M11.7M13.5M15.5M16.3M
Total Stockholder Equity30.7M32.4M78.4M81.2M93.4M98.1M
Property Plant And Equipment Net4.1M3.7M3.0M5.6M6.5M6.8M
Net Debt(12.6M)(20.8M)(66.2M)(19.6M)(17.6M)(16.7M)
Retained Earnings12.4M13.5M57.9M60.5M69.5M73.0M
Accounts Payable2.0M2.5M4.0M3.8M4.4M3.1M
Cash14.9M23.0M67.7M24.0M27.6M28.9M
Non Current Assets Total17.9M19.4M14.9M16.1M18.5M9.6M
Non Currrent Assets Other(3.6M)(3.6M)(1.7M)(1.6M)(1.9M)(2.0M)
Cash And Short Term Investments14.9M23.0M67.7M66.0M75.9M79.7M
Common Stock Shares Outstanding127.7M127.4M129.9M131.1M150.7M98.2M
Liabilities And Stockholders Equity45.6M51.1M94.7M99.2M114.0M119.7M
Inventory3.4M2.5M4.5M7.2M8.3M8.7M
Other Current Assets9.3M1.1M780K881K792.9K753.3K
Other Stockholder Equity17.8M18.5M19.1M19.5M22.4M14.2M
Total Liab14.9M18.6M16.3M18.0M20.7M21.7M
Property Plant And Equipment Gross4.1M3.7M3.0M5.6M6.5M6.8M
Total Current Assets27.7M31.7M79.8M83.1M95.6M100.4M
Accumulated Other Comprehensive Income227K98K1.1M941K1.1M1.1M
Common Stock314K317K324K326K293.4K283.2K
Non Current Liabilities Total4.5M5.5M4.6M6.1M7.0M7.4M
Intangible Assets12.6M13.5M10.1M8.6M9.8M10.3M
Current Deferred Revenue5.2M6.6M5.1M3.7M4.3M4.5M
Good Will3.6M3.6M1.7M1.7M1.5M1.4M
Short Term Debt426K582K440K1.9M2.2M1.3M
Net Receivables8.0M5.1M6.9M9.0M8.1M7.0M
Other Assets8.0M1.9M1.01.6M1.5M1.4M
Other Liab2.3M2.6M4.0M3.5M4.1M3.0M
Net Tangible Assets25.1M25.2M18.9M68.3M78.6M82.5M
Deferred Long Term Liab6.3M7.0M7.6M6.3M7.3M6.6M
Property Plant Equipment2.3M4.1M3.7M3.0M3.5M2.5M
Non Current Liabilities Other609K883K965K820K943K782.9K
Net Invested Capital30.7M32.4M78.4M82.4M94.7M49.1M

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Other Information on Investing in Oxford Stock

Balance Sheet is a snapshot of the financial position of Oxford Metrics plc at a specified time, usually calculated after every quarter, six months, or one year. Oxford Metrics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Oxford Metrics and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Oxford currently owns. An asset can also be divided into two categories, current and non-current.