Ocean Historical Financial Ratios
OPTT Stock | USD 0.18 0.02 12.50% |
Ocean Power is promptly reporting on over 109 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Days Sales Outstanding of 96.37 will help investors to properly organize and evaluate Ocean Power Technologies financial condition quickly.
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About Ocean Financial Ratios Analysis
Ocean Power TechnologiesFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Ocean Power investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Ocean financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Ocean Power history.
Ocean Power Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Ocean Power Technologies stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Ocean Power sales, a figure that is much harder to manipulate than other Ocean Power Technologies multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Income Quality
An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.Most ratios from Ocean Power's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Ocean Power Technologies current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Ocean Power Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, Ocean Power's Days Sales Outstanding is comparatively stable compared to the past year. Stock Based Compensation To Revenue is likely to gain to 0.35 in 2024, whereas Book Value Per Share is likely to drop 0.31 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 180.11 | 119.84 | 53.78 | 96.37 | PTB Ratio | 0.83 | 0.65 | 0.59 | 0.56 |
Ocean Power fundamentals Correlations
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Ocean Power Account Relationship Matchups
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Ocean Power fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 1.91 | 62.48 | 32.55 | 10.47 | 2.06 | 1.96 | |
Ptb Ratio | 0.31 | 0.94 | 0.83 | 0.65 | 0.59 | 0.56 | |
Days Sales Outstanding | 77.69 | 163.43 | 180.11 | 119.84 | 53.78 | 96.37 | |
Book Value Per Share | 1.46 | 2.68 | 1.27 | 0.78 | 0.33 | 0.31 | |
Free Cash Flow Yield | (3.31) | (0.16) | (0.37) | (0.79) | (2.84) | (2.7) | |
Operating Cash Flow Per Share | (13.94) | (9.43) | (1.47) | (0.39) | (0.5) | (0.53) | |
Capex To Depreciation | 0.18 | 0.0699 | 0.28 | 1.6 | 2.23 | 1.53 | |
Pb Ratio | 0.31 | 0.94 | 0.83 | 0.65 | 0.59 | 0.56 | |
Ev To Sales | (3.2) | (4.66) | 28.55 | 8.62 | 1.96 | 1.86 | |
Free Cash Flow Per Share | (1.48) | (0.39) | (0.4) | (0.41) | (0.55) | (0.58) | |
Roic | (1.0) | (0.18) | (0.29) | (0.66) | (1.45) | (1.53) | |
Inventory Turnover | 2.53 | 5.93 | 4.21 | 2.39 | 0.56 | 0.53 | |
Net Income Per Share | (9.52) | (1.44) | (0.53) | (0.35) | (0.47) | (0.49) | |
Days Of Inventory On Hand | 144.41 | 61.5 | 86.74 | 152.67 | 653.32 | 685.99 | |
Payables Turnover | 8.12 | 3.32 | 2.06 | 2.62 | 0.8 | 0.76 | |
Research And Ddevelopement To Revenue | 7.89 | 2.58 | 3.94 | 5.46 | 4.91 | 2.75 | |
Capex To Revenue | 0.0386 | 0.0216 | 0.0824 | 0.37 | 0.47 | 0.49 | |
Cash Per Share | 1.4 | 2.77 | 1.06 | 0.62 | 0.0534 | 0.0507 | |
Pocfratio | (0.3) | (6.45) | (2.69) | (1.32) | (0.38) | (0.4) | |
Capex To Operating Cash Flow | (0.006144) | (0.002227) | (0.006809) | (0.0469) | (0.0869) | (0.0825) | |
Pfcf Ratio | (0.3) | (6.44) | (2.67) | (1.26) | (0.35) | (0.37) | |
Days Payables Outstanding | 44.94 | 110.03 | 177.59 | 139.21 | 455.2 | 477.96 | |
Income Quality | 1.02 | 0.79 | 1.13 | 0.82 | 1.08 | 1.2 | |
Ev To Operating Cash Flow | 0.51 | 0.48 | (2.36) | (1.09) | (0.36) | (0.38) | |
Pe Ratio | (0.31) | (4.76) | (3.03) | (1.09) | (0.41) | (0.44) | |
Return On Tangible Assets | (0.76) | (0.18) | (0.31) | (0.64) | (1.66) | (1.58) | |
Ev To Free Cash Flow | 0.51 | 0.48 | (2.34) | (1.04) | (0.33) | (0.35) | |
Earnings Yield | (3.22) | (0.21) | (0.33) | (0.92) | (2.41) | (2.29) | |
Net Debt To E B I T D A | 0.79 | 6.02 | 0.33 | 0.18 | 0.0205 | 0.0195 | |
Current Ratio | 6.13 | 17.99 | 19.91 | 4.76 | 1.43 | 1.36 | |
Tangible Book Value Per Share | 12.26 | 1.46 | 2.67 | 1.04 | 0.56 | 0.12 | |
Receivables Turnover | 4.7 | 2.23 | 2.03 | 3.05 | 6.79 | 4.34 | |
Graham Number | 6.86 | 5.64 | 3.17 | 2.88 | 1.85 | 1.76 |
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When running Ocean Power's price analysis, check to measure Ocean Power's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ocean Power is operating at the current time. Most of Ocean Power's value examination focuses on studying past and present price action to predict the probability of Ocean Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ocean Power's price. Additionally, you may evaluate how the addition of Ocean Power to your portfolios can decrease your overall portfolio volatility.