Opko Change In Working Capital vs Sale Purchase Of Stock Analysis

OPK Stock  USD 1.58  0.03  1.94%   
Opko Health financial indicator trend analysis is much more than just breaking down Opko Health prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Opko Health is a good investment. Please check the relationship between Opko Health Change In Working Capital and its Sale Purchase Of Stock accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Opko Health. 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.
For more information on how to buy Opko Stock please use our How to buy in Opko Stock guide.

Change In Working Capital vs Sale Purchase Of Stock

Change In Working Capital vs Sale Purchase Of Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Opko Health Change In Working Capital account and Sale Purchase Of Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Opko Health's Change In Working Capital and Sale Purchase Of Stock is -0.06. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of Opko Health, assuming nothing else is changed. The correlation between historical values of Opko Health's Change In Working Capital and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Working Capital of Opko Health are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Change In Working Capital i.e., Opko Health's Change In Working Capital and Sale Purchase Of Stock go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Sale Purchase Of Stock

Most indicators from Opko Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Opko Health 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 Opko Health. 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.
For more information on how to buy Opko Stock please use our How to buy in Opko Stock guide.At this time, Opko Health's Selling General Administrative is quite stable compared to the past year. Enterprise Value is expected to rise to about 1.5 B this year, although the value of Discontinued Operations will most likely fall to about 93.2 K.
 2021 2022 2023 2024 (projected)
Total Operating Expenses596M534.4M475.1M498.9M
Cost Of Revenue1.2B716M545.4M284.8M

Opko Health fundamental ratios Correlations

0.780.891.00.890.1-0.640.860.60.990.670.60.780.860.980.670.770.920.890.610.580.520.80.80.850.27
0.780.940.760.770.24-0.560.840.30.710.520.30.620.70.80.540.880.740.690.440.470.380.630.620.590.2
0.890.940.890.860.09-0.560.880.410.850.670.410.660.780.870.560.840.850.790.440.520.440.660.660.770.17
1.00.760.890.880.05-0.620.840.60.990.690.60.760.860.960.660.760.910.870.570.60.510.780.780.870.24
0.890.770.860.880.36-0.80.940.240.880.580.240.840.940.870.810.650.720.680.690.410.680.850.840.710.46
0.10.240.090.050.36-0.710.39-0.320.1-0.36-0.320.550.380.220.60.0-0.060.050.74-0.430.560.540.53-0.260.75
-0.64-0.56-0.56-0.62-0.8-0.71-0.78-0.14-0.62-0.28-0.14-0.95-0.88-0.67-0.95-0.49-0.41-0.49-0.87-0.11-0.91-0.93-0.94-0.27-0.82
0.860.840.880.840.940.39-0.780.290.810.490.290.830.90.870.830.770.680.680.640.350.640.830.830.710.54
0.60.30.410.60.24-0.32-0.140.290.580.511.00.340.260.60.190.570.640.760.230.490.110.370.390.57-0.02
0.990.710.850.990.880.1-0.620.810.580.650.580.760.840.960.630.660.920.890.620.520.510.780.770.850.24
0.670.520.670.690.58-0.36-0.280.490.510.650.510.370.550.580.290.610.650.580.140.70.340.370.410.63-0.03
0.60.30.410.60.24-0.32-0.140.291.00.580.510.340.260.60.190.570.640.760.230.490.110.370.390.57-0.02
0.780.620.660.760.840.55-0.950.830.340.760.370.340.920.80.910.590.570.640.840.220.860.991.00.470.72
0.860.70.780.860.940.38-0.880.90.260.840.550.260.920.830.90.650.660.640.690.410.770.910.910.650.59
0.980.80.870.960.870.22-0.670.870.60.960.580.60.80.830.680.760.910.920.70.480.540.830.820.790.31
0.670.540.560.660.810.6-0.950.830.190.630.290.190.910.90.680.560.380.460.780.210.860.90.910.410.83
0.770.880.840.760.650.0-0.490.770.570.660.610.570.590.650.760.560.70.70.330.670.360.60.610.660.21
0.920.740.850.910.72-0.06-0.410.680.640.920.650.640.570.660.910.380.70.950.470.610.270.60.590.82-0.04
0.890.690.790.870.680.05-0.490.680.760.890.580.760.640.640.920.460.70.950.580.50.360.670.660.740.12
0.610.440.440.570.690.74-0.870.640.230.620.140.230.840.690.70.780.330.470.580.050.760.860.840.20.66
0.580.470.520.60.41-0.43-0.110.350.490.520.70.490.220.410.480.210.670.610.50.050.020.280.260.62-0.26
0.520.380.440.510.680.56-0.910.640.110.510.340.110.860.770.540.860.360.270.360.760.020.830.850.170.82
0.80.630.660.780.850.54-0.930.830.370.780.370.370.990.910.830.90.60.60.670.860.280.830.990.490.68
0.80.620.660.780.840.53-0.940.830.390.770.410.391.00.910.820.910.610.590.660.840.260.850.990.470.7
0.850.590.770.870.71-0.26-0.270.710.570.850.630.570.470.650.790.410.660.820.740.20.620.170.490.47-0.01
0.270.20.170.240.460.75-0.820.54-0.020.24-0.03-0.020.720.590.310.830.21-0.040.120.66-0.260.820.680.7-0.01
Click cells to compare fundamentals

Opko Health Account Relationship Matchups

Opko Health fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3B2.5B2.4B2.2B2.0B2.1B
Other Current Liab143.0M222.6M219.1M95.5M85.9M64.5M
Total Current Liabilities249.1M375.5M301.8M213.5M200.1M103.9M
Total Stockholder Equity1.6B1.7B1.7B1.6B1.4B1.5B
Property Plant And Equipment Net166.5M178.3M124.0M121.6M143.5M150.7M
Net Debt125.7M149.8M53.2M60.3M230.7M242.2M
Retained Earnings(1.5B)(1.5B)(1.5B)(1.8B)(2.0B)(1.9B)
Accounts Payable62.5M100.9M82.0M61.6M69.7M73.2M
Cash85.5M72.2M134.7M153.2M95.9M63.6M
Non Current Assets Total2.0B1.9B1.6B1.8B1.7B1.8B
Non Currrent Assets Other723.2M679.1M465.9M832.2M9.1M8.6M
Cash And Short Term Investments85.5M72.2M134.7M153.2M95.9M64.0M
Common Stock Shares Outstanding595.5M640.7M648.1M719.1M751.8M789.4M
Liabilities And Stockholders Equity2.3B2.5B2.4B2.2B2.0B2.1B
Other Stockholder Equity3.1B3.2B3.2B3.4B3.4B3.6B
Total Liab694.5M801.5M714.6M605.7M622.5M653.6M
Property Plant And Equipment Gross166.5M178.3M257.3M264.0M300.6M315.7M
Total Current Assets324M523.2M823M394.5M309.5M183.8M
Accumulated Other Comprehensive Income(22.1M)(4.2M)(30.5M)(43.3M)(38.0M)(36.1M)
Intangible Assets1.3B1.3B1.1B790.9M935.3M572.8M
Non Current Liabilities Total445.4M426M412.8M392.2M422.4M222.3M
Short Long Term Debt Total288.3M222M187.9M213.5M326.6M342.9M
Other Current Assets238.5M16.4M336.2M18.7M17.7M16.8M
Short Term Debt24.4M36.2M28.6M51.0M43.1M45.3M
Common Stock Total Equity5.9M6.7M6.7M6.9M7.9M8.3M
Common Stock6.7M6.7M6.9M7.8M7.8M8.2M
Other Liab153.8M204M196.7M126.4M145.4M142.0M
Other Assets7.0M653.7M465.9M981.9M1.1B1.2B
Property Plant Equipment144.7M166.5M178.3M124.0M142.5M149.7M
Current Deferred Revenue19.2M15.8M258K37.8M43.4M28.2M
Long Term Debt259.9M225.8M187.9M219.5M222.0M121.6M
Net Receivables157.7M302.3M265.6M148.6M130.2M117.8M
Inventory53.4M132.3M86.5M74.1M65.7M42.4M
Good Will671.9M680.6M520.6M595.9M598.3M421.7M
Net Tangible Assets413.9M515.9M574.3M770.7M886.3M930.6M
Retained Earnings Total Equity(1.2B)(1.5B)(1.5B)(1.5B)(1.4B)(1.4B)
Capital Surpluse3.0B3.1B3.2B3.2B3.7B2.5B

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When determining whether Opko Health is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Opko Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Opko Health Stock. Highlighted below are key reports to facilitate an investment decision about Opko Health Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Opko Health. 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.
For more information on how to buy Opko Stock please use our How to buy in Opko Stock guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Biotechnology 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 Opko Health. If investors know Opko 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 Opko Health 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
0.191
Earnings Share
(0.19)
Revenue Per Share
0.998
Quarterly Revenue Growth
(0.03)
Return On Assets
(0.09)
The market value of Opko Health is measured differently than its book value, which is the value of Opko that is recorded on the company's balance sheet. Investors also form their own opinion of Opko Health's value that differs from its market value or its book value, called intrinsic value, which is Opko Health's 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 Opko Health's market value can be influenced by many factors that don't directly affect Opko Health's 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 Opko Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Opko Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Opko Health's 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.