Opko Total Assets vs Accounts Payable Analysis

OPK Stock

USD 1.58 0.02 1.28%

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 Total Assets and its Accounts Payable 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.

Total Assets vs Accounts Payable

Total Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Opko Health Total Assets account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Opko Health's Total Assets and Accounts Payable is 0.86. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Accounts Payable 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 Total Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Opko Health are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Assets i.e., Opko Health's Total Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.86

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Total Assets

Total assets refers to the total amount of Opko Health assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Opko Health books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Accounts Payable

An accounting item on the balance sheet that represents Opko Health obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Opko Health are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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 Expenses	596M	534.4M	574.7M	603.4M
Cost Of Revenue	1.2B	716M	545.4M	284.8M

Total Operating Expenses Cost Of Revenue

Opko Health fundamental ratios Correlations

	Total Assets	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	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Non Current Liabilities Total	Short Long Term Debt Total	Other Current Assets	Short Term Debt	Common Stock Total Equity	Common Stock	Other Liab	Other Assets
Total Assets		0.78	0.89	1.0	0.89	0.1	-0.64	0.86	0.6	0.99	0.67	0.6	0.78	0.86	0.98	0.67	0.77	0.92	0.89	0.61	0.58	0.52	0.8	0.8	0.85	0.27
Other Current Liab	0.78		0.94	0.76	0.77	0.24	-0.56	0.84	0.3	0.71	0.52	0.3	0.62	0.7	0.8	0.54	0.88	0.74	0.69	0.44	0.47	0.38	0.63	0.62	0.59	0.2
Total Current Liabilities	0.89	0.94		0.89	0.86	0.09	-0.56	0.88	0.41	0.85	0.67	0.41	0.66	0.78	0.87	0.56	0.84	0.85	0.79	0.44	0.52	0.44	0.66	0.66	0.77	0.17
Total Stockholder Equity	1.0	0.76	0.89		0.88	0.05	-0.62	0.84	0.6	0.99	0.69	0.6	0.76	0.86	0.96	0.66	0.76	0.91	0.87	0.57	0.6	0.51	0.78	0.78	0.87	0.24
Property Plant And Equipment Net	0.89	0.77	0.86	0.88		0.36	-0.8	0.94	0.24	0.88	0.58	0.24	0.84	0.94	0.87	0.81	0.65	0.72	0.68	0.69	0.41	0.68	0.85	0.84	0.71	0.46
Net Debt	0.1	0.24	0.09	0.05	0.36		-0.71	0.39	-0.32	0.1	-0.36	-0.32	0.55	0.38	0.22	0.6	0.0	-0.06	0.05	0.74	-0.43	0.56	0.54	0.53	-0.26	0.75
Retained Earnings	-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
Accounts Payable	0.86	0.84	0.88	0.84	0.94	0.39	-0.78		0.29	0.81	0.49	0.29	0.83	0.9	0.87	0.83	0.77	0.68	0.68	0.64	0.35	0.64	0.83	0.83	0.71	0.54
Cash	0.6	0.3	0.41	0.6	0.24	-0.32	-0.14	0.29		0.58	0.51	1.0	0.34	0.26	0.6	0.19	0.57	0.64	0.76	0.23	0.49	0.11	0.37	0.39	0.57	-0.02
Non Current Assets Total	0.99	0.71	0.85	0.99	0.88	0.1	-0.62	0.81	0.58		0.65	0.58	0.76	0.84	0.96	0.63	0.66	0.92	0.89	0.62	0.52	0.51	0.78	0.77	0.85	0.24
Non Currrent Assets Other	0.67	0.52	0.67	0.69	0.58	-0.36	-0.28	0.49	0.51	0.65		0.51	0.37	0.55	0.58	0.29	0.61	0.65	0.58	0.14	0.7	0.34	0.37	0.41	0.63	-0.03
Cash And Short Term Investments	0.6	0.3	0.41	0.6	0.24	-0.32	-0.14	0.29	1.0	0.58	0.51		0.34	0.26	0.6	0.19	0.57	0.64	0.76	0.23	0.49	0.11	0.37	0.39	0.57	-0.02
Common Stock Shares Outstanding	0.78	0.62	0.66	0.76	0.84	0.55	-0.95	0.83	0.34	0.76	0.37	0.34		0.92	0.8	0.91	0.59	0.57	0.64	0.84	0.22	0.86	0.99	1.0	0.47	0.72
Other Stockholder Equity	0.86	0.7	0.78	0.86	0.94	0.38	-0.88	0.9	0.26	0.84	0.55	0.26	0.92		0.83	0.9	0.65	0.66	0.64	0.69	0.41	0.77	0.91	0.91	0.65	0.59
Total Liab	0.98	0.8	0.87	0.96	0.87	0.22	-0.67	0.87	0.6	0.96	0.58	0.6	0.8	0.83		0.68	0.76	0.91	0.92	0.7	0.48	0.54	0.83	0.82	0.79	0.31
Property Plant And Equipment Gross	0.67	0.54	0.56	0.66	0.81	0.6	-0.95	0.83	0.19	0.63	0.29	0.19	0.91	0.9	0.68		0.56	0.38	0.46	0.78	0.21	0.86	0.9	0.91	0.41	0.83
Total Current Assets	0.77	0.88	0.84	0.76	0.65	0.0	-0.49	0.77	0.57	0.66	0.61	0.57	0.59	0.65	0.76	0.56		0.7	0.7	0.33	0.67	0.36	0.6	0.61	0.66	0.21
Intangible Assets	0.92	0.74	0.85	0.91	0.72	-0.06	-0.41	0.68	0.64	0.92	0.65	0.64	0.57	0.66	0.91	0.38	0.7		0.95	0.47	0.61	0.27	0.6	0.59	0.82	-0.04
Non Current Liabilities Total	0.89	0.69	0.79	0.87	0.68	0.05	-0.49	0.68	0.76	0.89	0.58	0.76	0.64	0.64	0.92	0.46	0.7	0.95		0.58	0.5	0.36	0.67	0.66	0.74	0.12
Short Long Term Debt Total	0.61	0.44	0.44	0.57	0.69	0.74	-0.87	0.64	0.23	0.62	0.14	0.23	0.84	0.69	0.7	0.78	0.33	0.47	0.58		0.05	0.76	0.86	0.84	0.2	0.66
Other Current Assets	0.58	0.47	0.52	0.6	0.41	-0.43	-0.11	0.35	0.49	0.52	0.7	0.49	0.22	0.41	0.48	0.21	0.67	0.61	0.5	0.05		0.02	0.28	0.26	0.62	-0.26
Short Term Debt	0.52	0.38	0.44	0.51	0.68	0.56	-0.91	0.64	0.11	0.51	0.34	0.11	0.86	0.77	0.54	0.86	0.36	0.27	0.36	0.76	0.02		0.83	0.85	0.17	0.82
Common Stock Total Equity	0.8	0.63	0.66	0.78	0.85	0.54	-0.93	0.83	0.37	0.78	0.37	0.37	0.99	0.91	0.83	0.9	0.6	0.6	0.67	0.86	0.28	0.83		0.99	0.49	0.68
Common Stock	0.8	0.62	0.66	0.78	0.84	0.53	-0.94	0.83	0.39	0.77	0.41	0.39	1.0	0.91	0.82	0.91	0.61	0.59	0.66	0.84	0.26	0.85	0.99		0.47	0.7
Other Liab	0.85	0.59	0.77	0.87	0.71	-0.26	-0.27	0.71	0.57	0.85	0.63	0.57	0.47	0.65	0.79	0.41	0.66	0.82	0.74	0.2	0.62	0.17	0.49	0.47		-0.01
Other Assets	0.27	0.2	0.17	0.24	0.46	0.75	-0.82	0.54	-0.02	0.24	-0.03	-0.02	0.72	0.59	0.31	0.83	0.21	-0.04	0.12	0.66	-0.26	0.82	0.68	0.7	-0.01

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Opko Health Account Relationship Matchups

Opko Health fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.3B	2.5B	2.4B	2.2B	2.0B	2.1B
Other Current Liab	143.0M	222.6M	219.1M	95.5M	85.9M	64.5M
Total Current Liabilities	249.1M	375.5M	301.8M	213.5M	200.1M	103.9M
Total Stockholder Equity	1.6B	1.7B	1.7B	1.6B	1.4B	1.5B
Property Plant And Equipment Net	166.5M	178.3M	124.0M	121.6M	143.5M	150.7M
Net Debt	125.7M	149.8M	53.2M	60.3M	230.7M	242.2M
Retained Earnings	(1.5B)	(1.5B)	(1.5B)	(1.8B)	(2.0B)	(1.9B)
Accounts Payable	62.5M	100.9M	82.0M	61.6M	69.7M	73.2M
Cash	85.5M	72.2M	134.7M	153.2M	95.9M	63.6M
Non Current Assets Total	2.0B	1.9B	1.6B	1.8B	1.7B	1.8B
Non Currrent Assets Other	723.2M	679.1M	465.9M	832.2M	9.1M	8.6M
Cash And Short Term Investments	85.5M	72.2M	134.7M	153.2M	95.9M	64.0M
Common Stock Shares Outstanding	595.5M	640.7M	648.1M	719.1M	751.8M	789.4M
Liabilities And Stockholders Equity	2.3B	2.5B	2.4B	2.2B	2.0B	2.1B
Other Stockholder Equity	3.1B	3.2B	3.2B	3.4B	3.4B	3.6B
Total Liab	694.5M	801.5M	714.6M	605.7M	622.5M	653.6M
Property Plant And Equipment Gross	166.5M	178.3M	257.3M	264.0M	300.6M	315.7M
Total Current Assets	324M	523.2M	823M	394.5M	309.5M	183.8M
Accumulated Other Comprehensive Income	(22.1M)	(4.2M)	(30.5M)	(43.3M)	(38.0M)	(36.1M)
Intangible Assets	1.3B	1.3B	1.1B	790.9M	935.3M	572.8M
Non Current Liabilities Total	445.4M	426M	412.8M	392.2M	422.4M	222.3M
Short Long Term Debt Total	288.3M	222M	187.9M	213.5M	326.6M	342.9M
Other Current Assets	238.5M	16.4M	336.2M	18.7M	17.7M	16.8M
Short Term Debt	24.4M	36.2M	28.6M	51.0M	43.1M	45.3M
Common Stock Total Equity	5.9M	6.7M	6.7M	6.9M	7.9M	8.3M
Common Stock	6.7M	6.7M	6.9M	7.8M	7.8M	8.2M
Other Liab	153.8M	204M	196.7M	126.4M	145.4M	142.0M
Other Assets	7.0M	653.7M	465.9M	981.9M	1.1B	1.2B
Property Plant Equipment	144.7M	166.5M	178.3M	124.0M	142.5M	149.7M
Current Deferred Revenue	19.2M	15.8M	258K	37.8M	43.4M	28.2M
Long Term Debt	259.9M	225.8M	187.9M	219.5M	222.0M	121.6M
Net Receivables	157.7M	302.3M	265.6M	148.6M	130.2M	117.8M
Inventory	53.4M	132.3M	86.5M	74.1M	65.7M	42.4M
Good Will	671.9M	680.6M	520.6M	595.9M	598.3M	421.7M
Net Tangible Assets	413.9M	515.9M	574.3M	770.7M	886.3M	930.6M
Retained Earnings Total Equity	(1.2B)	(1.5B)	(1.5B)	(1.5B)	(1.4B)	(1.4B)
Capital Surpluse	3.0B	3.1B	3.2B	3.2B	3.7B	2.5B

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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:

How To Invest In Opko

Details

Is Opko Stock a good investment?

Details

What is Opko Health's Net Worth?

Details

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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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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.

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Opko Total Assets vs Accounts Payable Analysis

Total Assets vs Accounts Payable

Total Assets vs Accounts Payable Correlation Analysis

Correlation Coefficient

Total Assets

Accounts Payable

Opko Health fundamental ratios Correlations

Opko Health Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Opko Health fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Shares Outstanding
Non Current Assets Total	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Stockholder Equity
Common Stock Total Equity	+ 0.99	Common Stock Shares Outstanding

Property Plant And Equipment Gross	- 0.95	Retained Earnings
Common Stock Shares Outstanding	- 0.95	Retained Earnings
Common Stock	- 0.94	Retained Earnings
Common Stock Total Equity	- 0.93	Retained Earnings
Short Term Debt	- 0.91	Retained Earnings
Other Stockholder Equity	- 0.88	Retained Earnings