| OPXS Stock | | | USD 8.90 0.07 0.78% |
Optex Systems financial indicator trend analysis is much more than just breaking down Optex Systems Holdings, prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Optex Systems Holdings, is a good investment. Please check the relationship between Optex Systems Total Operating Expenses and its Depreciation And Amortization accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Optex Systems Holdings,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
Total Operating Expenses vs Depreciation And Amortization
Total Operating Expenses vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Optex Systems Holdings, Total Operating Expenses account and
Depreciation And Amortization. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Optex Systems' Total Operating Expenses and Depreciation And Amortization is -0.52. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Optex Systems Holdings,, assuming nothing else is changed. The correlation between historical values of Optex Systems' Total Operating Expenses and Depreciation And Amortization 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 Operating Expenses of Optex Systems Holdings, are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Total Operating Expenses i.e., Optex Systems' Total Operating Expenses and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | -0.52 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Optex Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Optex Systems Holdings, 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 Optex Systems Holdings,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
Tax Provision is likely to gain to about 566.3
K in 2024, whereas
Selling General Administrative is likely to drop slightly above 4.2
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Total Operating Expenses | 3.3M | 3.8M | 4.4M | 3.6M | Cost Of Revenue | 17.5M | 19.0M | 21.9M | 17.1M |
Optex Systems fundamental ratios Correlations
Click cells to compare fundamentals
Optex Systems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Optex Systems fundamental ratios Accounts
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Additional Tools for Optex Stock Analysis
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measure Optex Systems' 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 Optex Systems is operating at the current time. Most of Optex Systems' value examination focuses on studying past and present price action to
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