Office Intangible Assets vs Total Current Assets Analysis

OPI Stock  USD 1.65  0.51  44.74%   
Office Properties financial indicator trend analysis is much more than just breaking down Office Properties Income prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Office Properties Income is a good investment. Please check the relationship between Office Properties Intangible Assets and its Total Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Office Properties Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Intangible Assets vs Total Current Assets

Intangible Assets vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Office Properties Income Intangible Assets account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Office Properties' Intangible Assets and Total Current Assets is 0.96. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Office Properties Income, assuming nothing else is changed. The correlation between historical values of Office Properties' Intangible Assets and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Office Properties Income are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Intangible Assets i.e., Office Properties' Intangible Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Office Properties' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Office Properties Income 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 Office Properties Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
As of now, Office Properties' Enterprise Value Multiple is decreasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Interest Expense112.4M103.5M110.6M57.9M
Depreciation And Amortization475.5M444.0M200.3M167.0M

Office Properties fundamental ratios Correlations

0.99-0.20.570.930.770.530.990.960.621.00.50.990.620.710.80.770.620.250.930.990.490.890.350.890.03
0.99-0.20.570.890.740.540.990.970.670.990.510.990.670.730.820.780.570.20.940.990.450.880.390.87-0.01
-0.2-0.2-0.74-0.08-0.01-0.36-0.25-0.170.21-0.22-0.27-0.140.21-0.38-0.07-0.130.160.25-0.1-0.24-0.010.09-0.670.0-0.66
0.570.57-0.740.390.390.610.640.530.00.590.10.50.00.370.280.230.18-0.160.40.620.310.260.510.380.67
0.930.89-0.080.390.750.310.870.820.670.930.430.890.670.590.740.690.630.310.890.870.540.860.250.88-0.08
0.770.74-0.010.390.750.520.740.70.390.760.20.750.390.420.470.610.80.520.690.750.450.810.270.86-0.11
0.530.54-0.360.610.310.520.60.55-0.030.540.220.53-0.030.430.290.350.240.030.290.590.350.310.340.330.27
0.990.99-0.250.640.870.740.60.970.560.990.50.990.560.720.790.760.590.220.91.00.470.860.360.860.09
0.960.97-0.170.530.820.70.550.970.610.960.570.970.610.80.890.850.50.130.930.970.410.840.380.83-0.05
0.620.670.210.00.670.39-0.030.560.610.610.440.641.00.440.650.550.330.110.750.580.20.690.230.64-0.48
1.00.99-0.220.590.930.760.540.990.960.610.50.990.610.710.80.760.590.220.920.990.50.870.360.880.05
0.50.51-0.270.10.430.20.220.50.570.440.50.560.440.830.630.760.230.280.50.510.030.540.350.41-0.1
0.990.99-0.140.50.890.750.530.990.970.640.990.560.640.750.830.820.620.280.930.990.430.910.330.88-0.04
0.620.670.210.00.670.39-0.030.560.611.00.610.440.640.440.650.550.330.110.750.580.20.690.230.64-0.48
0.710.73-0.380.370.590.420.430.720.80.440.710.830.750.440.830.920.220.040.740.730.160.590.550.52-0.05
0.80.82-0.070.280.740.470.290.790.890.650.80.630.830.650.830.840.21-0.070.910.80.430.680.330.62-0.23
0.770.78-0.130.230.690.610.350.760.850.550.760.760.820.550.920.840.480.250.820.770.090.770.410.73-0.22
0.620.570.160.180.630.80.240.590.50.330.590.230.620.330.220.210.480.840.470.590.120.84-0.060.85-0.05
0.250.20.25-0.160.310.520.030.220.130.110.220.280.280.110.04-0.070.250.840.110.220.040.59-0.250.53-0.1
0.930.94-0.10.40.890.690.290.90.930.750.920.50.930.750.740.910.820.470.110.910.450.840.380.83-0.18
0.990.99-0.240.620.870.750.591.00.970.580.990.510.990.580.730.80.770.590.220.910.460.870.370.870.07
0.490.45-0.010.310.540.450.350.470.410.20.50.030.430.20.160.430.090.120.040.450.460.320.140.31-0.07
0.890.880.090.260.860.810.310.860.840.690.870.540.910.690.590.680.770.840.590.840.870.320.150.96-0.2
0.350.39-0.670.510.250.270.340.360.380.230.360.350.330.230.550.330.41-0.06-0.250.380.370.140.150.23-0.05
0.890.870.00.380.880.860.330.860.830.640.880.410.880.640.520.620.730.850.530.830.870.310.960.23-0.12
0.03-0.01-0.660.67-0.08-0.110.270.09-0.05-0.480.05-0.1-0.04-0.48-0.05-0.23-0.22-0.05-0.1-0.180.07-0.07-0.2-0.05-0.12
Click cells to compare fundamentals

Office Properties Account Relationship Matchups

Office Properties fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.2B3.9B4.2B4.0B4.0B2.8B
Short Long Term Debt Total2.8B2.2B2.9B2.4B2.6B1.5B
Other Current Liab21.8M7.2M7.4M(43.5M)(340.5M)(323.4M)
Total Current Liabilities146.9M123.5M150.0M341.7M354.7M207.8M
Total Stockholder Equity1.7B1.6B1.5B1.4B1.3B1.2B
Other Liab36.6M16.7M23.8M29.3M33.7M21.6M
Property Plant And Equipment Net2.1M168K3.4B3.4B3.4B1.7B
Net Debt2.2B2.2B2.5B2.4B2.6B1.5B
Accounts Payable125.0M116.3M142.6M140.2M140.2M72.1M
Cash93.7M42.0M83.0M12.2M12.3M23.8M
Non Current Assets Total3.9B3.7B4.0B3.9B3.8B2.7B
Other Assets790.2M3.9B4.1B(32.6M)3.8B4.0B
Long Term Debt2.3B2.2B2.6B2.2B2.4B1.5B
Cash And Short Term Investments93.7M42.0M83.0M12.2M12.3M23.8M
Net Receivables83.6M101.8M112.9M105.6M133.3M139.9M
Common Stock Shares Outstanding48.1M48.1M48.2M48.3M48.4M25.5M
Liabilities And Stockholders Equity4.2B3.9B4.2B4.0B4.0B2.8B
Inventory70.9M75.2M26.6M2.5M37.3M39.7M
Other Current Assets7.0M90.0M1.5M(117.9M)51.7M54.3M
Other Stockholder Equity3.5B2.6B2.6B2.6B2.6B1.8B
Total Liab2.5B2.3B2.7B2.6B2.7B1.6B
Total Current Assets255.1M233.8M224.0M120.4M197.3M127.6M
Accumulated Other Comprehensive Income(200K)(1.0B)(1.1B)(1.2B)(1.4B)(1.3B)
Short Term Debt475.7M1.5M325.5M245M555M582.8M
Intangible Assets732.4M548.9M505.6M369.3M424.7M306.6M
Current Deferred Revenue(475.7M)(1.5M)(325.5M)7.0M6.3M6.6M
Retained Earnings(907.0M)(1.0B)(1.1B)(1.2B)(1.4B)(1.3B)
Common Stock Total Equity482K483K484K486K558.9K606.4K
Common Stock482K483K484K486K488K601.8K
Non Currrent Assets Other3.9B3.7B567.7M449.8M358.8M340.8M
Non Current Liabilities Total2.3B2.2B2.6B2.3B2.6B1.8B
Net Tangible Assets973.4M1.1B1.5B1.0B1.2B1.1B
Retained Earnings Total Equity(907.0M)(1.0B)(1.1B)(1.2B)(1.1B)(1.1B)
Long Term Debt Total2.3B2.2B2.6B2.2B2.6B1.8B
Capital Surpluse2.6B2.6B2.6B2.6B3.0B2.2B
Non Current Liabilities Other152.9M128.0M160.2M154.4M177.5M112.0M
Property Plant Equipment3.2B3.1B3.4B3.4B3.9B2.7B
Deferred Long Term Liab43.2M42.6M53.9M73.6M84.7M88.9M

Currently Active Assets on Macroaxis

When determining whether Office Properties Income is a strong investment it is important to analyze Office Properties' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Office Properties' future performance. For an informed investment choice regarding Office Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Office Properties Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Diversified REITs 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 Office Properties. If investors know Office 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 Office Properties 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
(0.63)
Dividend Share
0.04
Earnings Share
(0.12)
Revenue Per Share
10.519
Quarterly Revenue Growth
(0.1)
The market value of Office Properties Income is measured differently than its book value, which is the value of Office that is recorded on the company's balance sheet. Investors also form their own opinion of Office Properties' value that differs from its market value or its book value, called intrinsic value, which is Office Properties' 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 Office Properties' market value can be influenced by many factors that don't directly affect Office Properties' 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 Office Properties' value and its price as these two are different measures arrived at by different means. Investors typically determine if Office Properties is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Office Properties' 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.