Opera Roic vs Income Quality Analysis

OPRA Stock

USD 20.01 0.42 2.14%

Opera financial indicator trend analysis is much more than just breaking down Opera prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Opera is a good investment. Please check the relationship between Opera Roic and its Income Quality accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Opera. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade Opera Stock refer to our How to Trade Opera Stock guide.

Roic vs Income Quality

Roic vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Opera Roic account and Income Quality. At this time, the significance of the direction appears to have very week relationship.

The correlation between Opera's Roic and Income Quality is 0.21. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Income Quality in the same time period over historical financial statements of Opera, assuming nothing else is changed. The correlation between historical values of Opera's Roic and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of Opera are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Roic i.e., Opera's Roic and Income Quality go up and down completely randomly.

Correlation Coefficient

0.21

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Most indicators from Opera's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Opera 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 Opera. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade Opera Stock refer to our How to Trade Opera Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 0.34, whereas Tax Provision is forecasted to decline to about 3.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	237.3M	276.4M	207.4M	210.3M
Total Revenue	251.0M	331.0M	396.8M	259.5M

Gross Profit Total Revenue

Opera fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Long Term Debt Total	Non Current Liabilities Total	Capital Lease Obligations
Total Assets		0.3	0.74	0.54	0.99	-0.87	0.99	0.67	0.03	-0.71	0.83	0.6	0.76	0.87	-0.95	0.27	0.5	0.88	0.57	0.45	-0.95	0.72	0.5	0.93	-0.71	0.39
Short Long Term Debt Total	0.3		0.49	0.88	0.21	-0.11	0.21	0.79	-0.18	-0.04	-0.04	0.69	0.28	0.0	-0.23	-0.07	-0.27	0.36	0.76	-0.08	-0.22	0.24	0.32	0.26	0.28	0.63
Other Current Liab	0.74	0.49		0.65	0.71	-0.69	0.69	0.56	-0.14	-0.19	0.54	0.57	0.31	0.62	-0.55	0.23	0.15	0.6	0.56	0.37	-0.57	0.71	0.76	0.74	-0.51	0.42
Total Current Liabilities	0.54	0.88	0.65		0.45	-0.45	0.46	0.79	0.13	-0.09	0.36	0.94	0.31	0.26	-0.45	0.1	0.06	0.46	0.9	0.19	-0.46	0.25	0.47	0.58	-0.12	0.8
Total Stockholder Equity	0.99	0.21	0.71	0.45		-0.87	1.0	0.61	0.02	-0.74	0.84	0.53	0.76	0.9	-0.95	0.28	0.53	0.88	0.5	0.46	-0.95	0.73	0.48	0.92	-0.75	0.32
Other Liab	-0.87	-0.11	-0.69	-0.45	-0.87		-0.88	-0.49	-0.15	0.54	-0.86	-0.6	-0.55	-0.72	0.85	-0.42	-0.74	-0.73	-0.58	-0.49	0.86	-0.62	-0.54	-0.92	0.89	-0.23
Net Tangible Assets	0.99	0.21	0.69	0.46	1.0	-0.88		0.6	-0.01	-0.74	0.82	0.54	0.76	0.89	-0.95	0.3	0.55	0.87	0.5	0.38	-0.95	0.69	0.49	0.91	-0.75	0.33
Property Plant And Equipment Net	0.67	0.79	0.56	0.79	0.61	-0.49	0.6		-0.03	-0.4	0.43	0.72	0.58	0.41	-0.62	0.1	0.26	0.6	0.8	0.24	-0.61	0.58	0.2	0.68	-0.09	0.64
Current Deferred Revenue	0.03	-0.18	-0.14	0.13	0.02	-0.15	-0.01	-0.03		0.04	0.5	0.27	-0.06	0.15	-0.09	-0.28	0.29	-0.15	0.07	0.66	-0.07	-0.28	-0.42	0.24	-0.32	0.25
Net Debt	-0.71	-0.04	-0.19	-0.09	-0.74	0.54	-0.74	-0.4	0.04		-0.5	-0.14	-0.97	-0.61	0.85	0.02	-0.29	-0.86	-0.2	-0.25	0.82	-0.54	-0.06	-0.51	0.48	0.17
Retained Earnings	0.83	-0.04	0.54	0.36	0.84	-0.86	0.82	0.43	0.5	-0.5		0.54	0.49	0.83	-0.8	0.26	0.72	0.58	0.42	0.74	-0.81	0.5	0.24	0.92	-0.86	0.38
Accounts Payable	0.6	0.69	0.57	0.94	0.53	-0.6	0.54	0.72	0.27	-0.14	0.54		0.31	0.31	-0.56	0.3	0.34	0.47	0.94	0.27	-0.57	0.18	0.47	0.68	-0.33	0.79
Cash	0.76	0.28	0.31	0.31	0.76	-0.55	0.76	0.58	-0.06	-0.97	0.49	0.31		0.59	-0.88	-0.04	0.22	0.91	0.38	0.25	-0.85	0.59	0.13	0.56	-0.39	0.0
Non Current Assets Total	0.87	0.0	0.62	0.26	0.9	-0.72	0.89	0.41	0.15	-0.61	0.83	0.31	0.59		-0.76	0.01	0.48	0.63	0.17	0.44	-0.75	0.59	0.26	0.82	-0.74	0.3
Non Currrent Assets Other	-0.95	-0.23	-0.55	-0.45	-0.95	0.85	-0.95	-0.62	-0.09	0.85	-0.8	-0.56	-0.88	-0.76		-0.28	-0.52	-0.94	-0.57	-0.46	1.0	-0.66	-0.39	-0.86	0.71	-0.23
Other Assets	0.27	-0.07	0.23	0.1	0.28	-0.42	0.3	0.1	-0.28	0.02	0.26	0.3	-0.04	0.01	-0.28		0.48	0.22	0.42	0.06	-0.35	0.26	0.6	0.34	-0.3	0.13
Long Term Debt	0.5	-0.27	0.15	0.06	0.53	-0.74	0.55	0.26	0.29	-0.29	0.72	0.34	0.22	0.48	-0.52	0.48		0.25	0.31	0.31	-0.55	0.23	0.07	0.67	-0.7	0.18
Cash And Short Term Investments	0.88	0.36	0.6	0.46	0.88	-0.73	0.87	0.6	-0.15	-0.86	0.58	0.47	0.91	0.63	-0.94	0.22	0.25		0.54	0.32	-0.93	0.73	0.5	0.71	-0.55	0.09
Net Receivables	0.57	0.76	0.56	0.9	0.5	-0.58	0.5	0.8	0.07	-0.2	0.42	0.94	0.38	0.17	-0.57	0.42	0.31	0.54		0.23	-0.59	0.33	0.51	0.64	-0.22	0.65
Good Will	0.45	-0.08	0.37	0.19	0.46	-0.49	0.38	0.24	0.66	-0.25	0.74	0.27	0.25	0.44	-0.46	0.06	0.31	0.32	0.23		-0.46	0.47	0.0	0.6	-0.56	0.14
Common Stock Total Equity	-0.95	-0.22	-0.57	-0.46	-0.95	0.86	-0.95	-0.61	-0.07	0.82	-0.81	-0.57	-0.85	-0.75	1.0	-0.35	-0.55	-0.93	-0.59	-0.46		-0.67	-0.43	-0.87	0.72	-0.24
Common Stock Shares Outstanding	0.72	0.24	0.71	0.25	0.73	-0.62	0.69	0.58	-0.28	-0.54	0.5	0.18	0.59	0.59	-0.66	0.26	0.23	0.73	0.33	0.47	-0.67		0.42	0.68	-0.42	0.01
Short Term Investments	0.5	0.32	0.76	0.47	0.48	-0.54	0.49	0.2	-0.42	-0.06	0.24	0.47	0.13	0.26	-0.39	0.6	0.07	0.5	0.51	0.0	-0.43	0.42		0.43	-0.41	0.21
Long Term Debt Total	0.93	0.26	0.74	0.58	0.92	-0.92	0.91	0.68	0.24	-0.51	0.92	0.68	0.56	0.82	-0.86	0.34	0.67	0.71	0.64	0.6	-0.87	0.68	0.43		-0.77	0.48
Non Current Liabilities Total	-0.71	0.28	-0.51	-0.12	-0.75	0.89	-0.75	-0.09	-0.32	0.48	-0.86	-0.33	-0.39	-0.74	0.71	-0.3	-0.7	-0.55	-0.22	-0.56	0.72	-0.42	-0.41	-0.77		-0.01
Capital Lease Obligations	0.39	0.63	0.42	0.8	0.32	-0.23	0.33	0.64	0.25	0.17	0.38	0.79	0.0	0.3	-0.23	0.13	0.18	0.09	0.65	0.14	-0.24	0.01	0.21	0.48	-0.01

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Opera Account Relationship Matchups

Opera fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.1B	1.1B	1.1B	964.7M	1.0B	1.0B
Short Long Term Debt Total	57.0M	9.0M	13.5M	7.8M	10.5M	12.1M
Other Current Liab	22.9M	18.3M	25.7M	19.1M	16.2M	20.0M
Total Current Liabilities	128.6M	45.5M	71.5M	64.3M	81.4M	70.9M
Total Stockholder Equity	912.2M	1.0B	1.0B	888.2M	919.9M	926.1M
Other Liab	10.7M	11.8M	6.6M	7.4M	6.7M	9.1M
Net Tangible Assets	379.8M	512.0M	508.0M	358.8M	412.6M	324.1M
Property Plant And Equipment Net	26.1M	18.2M	12.3M	14.6M	16.1M	17.1M
Current Deferred Revenue	708K	345K	1.1M	995K	10.3M	10.8M
Net Debt	(82.5M)	(125.2M)	(89.4M)	(44.6M)	(83.3M)	(87.5M)
Retained Earnings	99.5M	280.2M	277.3M	273.3M	445.2M	467.4M
Accounts Payable	57.1M	20.2M	32.5M	40.0M	49.3M	35.5M
Cash	139.5M	134.2M	102.9M	52.4M	93.9M	105.3M
Non Current Assets Total	642.3M	920.1M	868.8M	624.5M	802.5M	765.7M
Non Currrent Assets Other	92K	3K	2.0M	76.3M	(510.0)	(484.5)
Other Assets	6.2M	4.4M	4.3M	79.5M	6.6K	6.3K
Long Term Debt	1.8M	3.6M	2.1M	4.7M	5.4M	3.1M
Cash And Short Term Investments	183.2M	135.0M	181.0M	118.7M	93.9M	131.5M
Net Receivables	201.6M	28.8M	62.4M	131.5M	109.9M	90.8M
Common Stock Shares Outstanding	114.5M	118.7M	115.1M	110.3M	90.9M	118.2M
Short Term Investments	43.7M	856K	78.1M	66.3M	2.2M	2.1M
Liabilities And Stockholders Equity	1.1B	1.1B	1.1B	964.7M	1.0B	1.0B
Non Current Liabilities Total	19.8M	15.4M	8.6M	12.1M	9.7M	11.6M
Capital Lease Obligations	12.0M	7.8M	5.4M	7.6M	10.4M	7.2M
Inventory	7.8M	9.1M	9.2M	90.0M	1.0	0.95
Other Current Assets	25.8M	9.1M	297.6M	90.0M	4.7M	4.4M
Other Stockholder Equity	814.2M	762.0M	764.4M	618.3M	478.8M	572.9M
Total Liab	148.4M	60.9M	80.2M	76.5M	91.1M	86.9M
Long Term Investments	77.7M	361.1M	319.0M	2.6M	256.3M	146.3M
Short Long Term Debt	43.2M	5.4M	11.4M	3.1M	111K	105.5K
Total Current Assets	418.3M	187.5M	252.6M	340.2M	208.5M	247.3M
Accumulated Other Comprehensive Income	(1.5M)	1.3M	(520K)	(3.4M)	(4.1M)	(4.3M)
Non Current Liabilities Other	212K	137K	68K	22K	93K	88.4K
Short Term Debt	47.8M	5.4M	11.4M	3.1M	3.8M	3.6M
Intangible Assets	110.8M	112.0M	103.6M	100.0M	99.1M	88.4M

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V	Visa Class A
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When determining whether Opera offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Opera's 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 Opera Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Opera Stock:

How To Invest In Opera

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Is Opera Stock a good investment?

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What is Opera's Net Worth?

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Largest Application Software Companies

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Largest Internet Content & Information Companies

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Opera. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade Opera Stock refer to our How to Trade Opera Stock guide.

You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Is Application Software 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 Opera. If investors know Opera 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 Opera 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

0.111

Dividend Share

0.8

Earnings Share

1.8

Revenue Per Share

5.073

Quarterly Revenue Growth

0.2

The market value of Opera is measured differently than its book value, which is the value of Opera that is recorded on the company's balance sheet. Investors also form their own opinion of Opera's value that differs from its market value or its book value, called intrinsic value, which is Opera'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 Opera's market value can be influenced by many factors that don't directly affect Opera'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 Opera's value and its price as these two are different measures arrived at by different means. Investors typically determine if Opera is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Opera'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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Opera Roic vs Income Quality Analysis

Roic vs Income Quality

Roic vs Income Quality Correlation Analysis

Correlation Coefficient

Roic

Income Quality

Opera fundamental ratios Correlations

Opera Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Opera fundamental ratios Accounts

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Net Tangible Assets	+ 1.0	Total Stockholder Equity
Common Stock Total Equity	+ 1.0	Non Currrent Assets Other
Total Stockholder Equity	+ 0.99	Total Assets
Net Tangible Assets	+ 0.99	Total Assets
Accounts Payable	+ 0.94	Total Current Liabilities
Net Receivables	+ 0.94	Accounts Payable

Cash	- 0.97	Net Debt
Common Stock Total Equity	- 0.95	Net Tangible Assets
Non Currrent Assets Other	- 0.95	Net Tangible Assets
Common Stock Total Equity	- 0.95	Total Stockholder Equity
Non Currrent Assets Other	- 0.95	Total Stockholder Equity
Common Stock Total Equity	- 0.95	Total Assets