OptimumBank Other Operating Expenses vs Income Before Tax Analysis
OPHC Stock | USD 4.94 0.02 0.41% |
OptimumBank Holdings financial indicator trend analysis is much more than just breaking down OptimumBank Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OptimumBank Holdings is a good investment. Please check the relationship between OptimumBank Holdings Other Operating Expenses and its Income Before Tax accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OptimumBank Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For information on how to trade OptimumBank Stock refer to our How to Trade OptimumBank Stock guide.
Other Operating Expenses vs Income Before Tax
Other Operating Expenses vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OptimumBank Holdings Other Operating Expenses account and Income Before Tax. At this time, the significance of the direction appears to have strong relationship.
The correlation between OptimumBank Holdings' Other Operating Expenses and Income Before Tax is 0.74. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of OptimumBank Holdings, assuming nothing else is changed. The correlation between historical values of OptimumBank Holdings' Other Operating Expenses and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of OptimumBank Holdings are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Other Operating Expenses i.e., OptimumBank Holdings' Other Operating Expenses and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of OptimumBank Holdings. It is also known as OptimumBank Holdings overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on OptimumBank Holdings income statement and is an important metric when analyzing OptimumBank Holdings profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most indicators from OptimumBank Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OptimumBank Holdings 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 OptimumBank Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For information on how to trade OptimumBank Stock refer to our How to Trade OptimumBank Stock guide.At present, OptimumBank Holdings' Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 11.3 M, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.22.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 985K | 4.0M | 12.1M | 12.7M | Depreciation And Amortization | 302K | 569K | 560K | 401.1K |
OptimumBank Holdings fundamental ratios Correlations
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OptimumBank Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
OptimumBank Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 126.7M | 235.1M | 351.9M | 585.2M | 791.3M | 830.8M | |
Total Stockholder Equity | 7.2M | 17.8M | 38.5M | 62.6M | 70.0M | 73.5M | |
Net Debt | 7.7M | (28.6M) | (39.2M) | (59.7M) | (12.4M) | (11.8M) | |
Cash | 8.9M | 54.6M | 59.0M | 71.8M | 76.7M | 80.5M | |
Cash And Short Term Investments | 14.3M | 73.5M | 93.4M | 96.9M | 76.7M | 80.5M | |
Common Stock Shares Outstanding | 1.9M | 2.9M | 3.9M | 6.0M | 7.2M | 7.6M | |
Liabilities And Stockholders Equity | 126.7M | 235.1M | 351.9M | 585.2M | 791.3M | 830.8M | |
Total Current Assets | 14.8M | 74.9M | 94.3M | 98.4M | 79.1M | 83.1M | |
Other Liab | 325K | 356K | 996K | 2.5M | 2.2M | 1.5M | |
Retained Earnings | (31.6M) | (32.4M) | (26.1M) | (22.1M) | (16.0M) | (16.8M) | |
Accounts Payable | 101.4M | 190.8M | 292.5M | 507.9M | 584.1M | 613.3M | |
Other Assets | 98.3M | 135.6M | 219.5M | 458.1M | 683.9M | 718.1M | |
Short Term Investments | 5.4M | 18.9M | 34.4M | 25.1M | 24.4M | 15.7M | |
Inventory | (9.4M) | (56.0M) | (59.9M) | (73.3M) | (40.8M) | (38.8M) | |
Total Liab | 16.6M | 26.0M | 19.8M | 522.6M | 721.2M | 757.3M | |
Common Stock | 28K | 32K | 48K | 71K | 72K | 68.4K | |
Property Plant Equipment | 1.4M | 2.3M | 2.6M | 3.1M | 3.5M | 4.7M | |
Short Long Term Debt Total | 16.6M | 26.0M | 19.8M | 12.2M | 64.2M | 35.1M | |
Non Current Assets Total | 13.7M | 24.6M | 38.0M | 28.7M | 28.3M | 16.6M | |
Non Currrent Assets Other | (13.7M) | (24.6M) | (38.0M) | (3.8M) | (28.3M) | (29.7M) | |
Long Term Debt | 2.6M | 25.1M | 18M | 10M | 62M | 65.1M | |
Non Current Liabilities Total | 16.6M | 26.0M | 19.8M | 522.6M | 139.1M | 77.4M | |
Other Stockholder Equity | 39.0M | 50.3M | 65.2M | 90.4M | 91.2M | 95.8M | |
Total Current Liabilities | 99.3M | 191.1M | 124.5M | 383.4M | 517.4M | 543.2M | |
Property Plant And Equipment Net | 2.4M | 2.3M | 2.6M | 3.1M | 3.5M | 2.4M | |
Net Receivables | 432K | 1.3M | 971K | 1.4M | 2.5M | 2.6M | |
Property Plant And Equipment Gross | 2.4M | 2.3M | 3.2M | 3.9M | 4.6M | 2.5M | |
Accumulated Other Comprehensive Income | (205K) | (69K) | (635K) | (5.8M) | (5.3M) | (5.0M) | |
Short Term Debt | 366K | 5.3M | 394K | 374K | 65.9M | 69.2M | |
Other Current Liab | 99.0M | 185.8M | 124.1M | 383.0M | 517.4M | 543.2M | |
Net Tangible Assets | 7.2M | 17.8M | 38.5M | 62.6M | 72.0M | 75.6M | |
Retained Earnings Total Equity | (31.3M) | (30.5M) | (31.6M) | (32.4M) | (29.2M) | (30.6M) | |
Capital Surpluse | 34.1M | 36.1M | 39.0M | 50.3M | 57.8M | 38.5M | |
Long Term Investments | 108.0M | 22.3M | 35.4M | 25.6M | 24.7M | 23.5M | |
Non Current Liabilities Other | 2.4M | 2.4M | 2.6M | 1.5M | 1.3M | 1.2M | |
Other Current Assets | 9.4M | 56.0M | 59.9M | 73.3M | 79.1M | 83.1M | |
Capital Lease Obligations | 1.1M | 923K | 1.8M | 2.2M | 2.2M | 2.4M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether OptimumBank Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OptimumBank Holdings' 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 Optimumbank Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Optimumbank Holdings Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OptimumBank Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For information on how to trade OptimumBank Stock refer to our How to Trade OptimumBank Stock guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Regional Banks 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 OptimumBank Holdings. If investors know OptimumBank 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 OptimumBank Holdings 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 0.828 | Earnings Share 1.34 | Revenue Per Share 4.014 | Quarterly Revenue Growth 0.807 | Return On Assets 0.0141 |
The market value of OptimumBank Holdings is measured differently than its book value, which is the value of OptimumBank that is recorded on the company's balance sheet. Investors also form their own opinion of OptimumBank Holdings' value that differs from its market value or its book value, called intrinsic value, which is OptimumBank Holdings' 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 OptimumBank Holdings' market value can be influenced by many factors that don't directly affect OptimumBank Holdings' 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 OptimumBank Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if OptimumBank Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OptimumBank Holdings' 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.