Ortel Common Stock vs Retained Earnings Analysis

ORTEL Stock

1.86 0.10 5.10%

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

Common Stock vs Retained Earnings

Common Stock vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ortel Communications Common Stock account and Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Ortel Communications' Common Stock and Retained Earnings is -0.67. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Ortel Communications Limited, assuming nothing else is changed. The correlation between historical values of Ortel Communications' Common Stock and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Ortel Communications Limited are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Common Stock i.e., Ortel Communications' Common Stock and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.67

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Common Stock

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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

As of the 22nd of November 2024, Selling General Administrative is likely to grow to about 22.2 M, while Issuance Of Capital Stock is likely to drop about 70 M.

	2019	2020	2023	2024 (projected)
Gross Profit	429.2M	308.2M	354.4M	336.7M
Total Revenue	781.3M	635.2M	730.4M	1.3B

Gross Profit Total Revenue

Ortel Communications 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	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Short Long Term Debt Total	Short Term Debt
Total Assets		0.52	0.84	0.12	0.97	0.62	-0.57	0.68	0.16	0.9	-0.2	-0.19	0.16	0.79	0.43	0.93	0.83	0.26	0.07	0.75	0.88	0.64	0.5	0.86	0.28	0.46
Other Current Liab	0.52		0.16	0.64	0.41	-0.07	0.17	-0.05	0.32	0.29	-0.37	0.16	0.32	0.56	-0.29	0.32	0.24	0.37	0.22	0.55	0.2	0.64	0.55	0.32	-0.4	-0.25
Total Current Liabilities	0.84	0.16		-0.37	0.92	0.86	-0.87	0.93	-0.15	0.86	-0.2	-0.24	-0.14	0.52	0.77	0.9	0.79	-0.01	-0.18	0.53	0.98	0.23	0.22	0.76	0.73	0.85
Total Stockholder Equity	0.12	0.64	-0.37		-0.06	-0.61	0.73	-0.55	0.56	-0.1	-0.16	0.12	0.56	0.45	-0.81	-0.17	-0.23	0.5	0.28	0.24	-0.34	0.67	0.44	-0.1	-0.85	-0.72
Property Plant And Equipment Net	0.97	0.41	0.92	-0.06		0.77	-0.69	0.78	-0.04	0.93	-0.2	-0.22	-0.04	0.73	0.56	0.96	0.88	0.19	0.05	0.67	0.95	0.46	0.47	0.87	0.45	0.61
Net Debt	0.62	-0.07	0.86	-0.61	0.77		-0.88	0.89	-0.47	0.75	-0.03	-0.25	-0.47	0.25	0.82	0.81	0.83	-0.12	0.02	0.31	0.89	-0.16	0.2	0.72	0.84	0.86
Retained Earnings	-0.57	0.17	-0.87	0.73	-0.69	-0.88		-0.94	0.24	-0.66	-0.03	0.21	0.24	-0.14	-0.95	-0.76	-0.73	0.21	0.23	-0.36	-0.87	0.05	0.1	-0.67	-0.87	-0.89
Accounts Payable	0.68	-0.05	0.93	-0.55	0.78	0.89	-0.94		-0.12	0.72	0.07	-0.19	-0.12	0.29	0.84	0.86	0.8	-0.02	-0.22	0.49	0.93	0.1	-0.04	0.77	0.83	0.86
Cash	0.16	0.32	-0.15	0.56	-0.04	-0.47	0.24	-0.12		-0.08	0.24	0.1	1.0	0.08	-0.34	0.02	-0.01	0.16	0.07	0.37	-0.11	0.76	-0.05	0.12	-0.48	-0.41
Non Current Assets Total	0.9	0.29	0.86	-0.1	0.93	0.75	-0.66	0.72	-0.08		-0.17	-0.56	-0.08	0.63	0.58	0.87	0.83	0.12	0.03	0.66	0.89	0.36	0.58	0.78	0.48	0.61
Non Currrent Assets Other	-0.2	-0.37	-0.2	-0.16	-0.2	-0.03	-0.03	0.07	0.24	-0.17		-0.01	0.24	-0.51	0.03	-0.05	0.09	0.29	0.26	-0.19	-0.12	-0.11	-0.37	0.05	0.04	-0.05
Other Assets	-0.19	0.16	-0.24	0.12	-0.22	-0.25	0.21	-0.19	0.1	-0.56	-0.01		0.1	-0.05	-0.28	-0.15	-0.23	0.06	0.08	-0.25	-0.24	0.07	-0.43	-0.11	-0.3	-0.28
Cash And Short Term Investments	0.16	0.32	-0.14	0.56	-0.04	-0.47	0.24	-0.12	1.0	-0.08	0.24	0.1		0.08	-0.34	0.02	-0.01	0.16	0.07	0.37	-0.11	0.76	-0.05	0.12	-0.48	-0.41
Net Receivables	0.79	0.56	0.52	0.45	0.73	0.25	-0.14	0.29	0.08	0.63	-0.51	-0.05	0.08		0.03	0.61	0.44	0.42	-0.06	0.68	0.52	0.68	0.49	0.55	-0.1	0.07
Good Will	0.43	-0.29	0.77	-0.81	0.56	0.82	-0.95	0.84	-0.34	0.58	0.03	-0.28	-0.34	0.03		0.63	0.62	-0.24	-0.23	0.27	0.76	-0.18	-0.18	0.5	0.91	0.87
Common Stock Shares Outstanding	0.93	0.32	0.9	-0.17	0.96	0.81	-0.76	0.86	0.02	0.87	-0.05	-0.15	0.02	0.61	0.63		0.96	0.15	0.09	0.72	0.96	0.43	0.33	0.95	0.51	0.6
Non Current Liabilities Total	0.83	0.24	0.79	-0.23	0.88	0.83	-0.73	0.8	-0.01	0.83	0.09	-0.23	-0.01	0.44	0.62	0.96		0.06	0.25	0.65	0.89	0.31	0.38	0.95	0.49	0.54
Inventory	0.26	0.37	-0.01	0.5	0.19	-0.12	0.21	-0.02	0.16	0.12	0.29	0.06	0.16	0.42	-0.24	0.15	0.06		0.19	0.33	0.01	0.44	0.01	0.1	-0.29	-0.24
Other Current Assets	0.07	0.22	-0.18	0.28	0.05	0.02	0.23	-0.22	0.07	0.03	0.26	0.08	0.07	-0.06	-0.23	0.09	0.25	0.19		-0.09	-0.05	0.06	0.42	0.06	-0.26	-0.26
Other Stockholder Equity	0.75	0.55	0.53	0.24	0.67	0.31	-0.36	0.49	0.37	0.66	-0.19	-0.25	0.37	0.68	0.27	0.72	0.65	0.33	-0.09		0.59	0.72	0.28	0.73	0.05	0.09
Total Liab	0.88	0.2	0.98	-0.34	0.95	0.89	-0.87	0.93	-0.11	0.89	-0.12	-0.24	-0.11	0.52	0.76	0.96	0.89	0.01	-0.05	0.59		0.27	0.28	0.86	0.69	0.8
Total Current Assets	0.64	0.64	0.23	0.67	0.46	-0.16	0.05	0.1	0.76	0.36	-0.11	0.07	0.76	0.68	-0.18	0.43	0.31	0.44	0.06	0.72	0.27		0.27	0.46	-0.4	-0.25
Intangible Assets	0.5	0.55	0.22	0.44	0.47	0.2	0.1	-0.04	-0.05	0.58	-0.37	-0.43	-0.05	0.49	-0.18	0.33	0.38	0.01	0.42	0.28	0.28	0.27		0.33	-0.18	-0.03
Common Stock	0.86	0.32	0.76	-0.1	0.87	0.72	-0.67	0.77	0.12	0.78	0.05	-0.11	0.12	0.55	0.5	0.95	0.95	0.1	0.06	0.73	0.86	0.46	0.33		0.36	0.43
Short Long Term Debt Total	0.28	-0.4	0.73	-0.85	0.45	0.84	-0.87	0.83	-0.48	0.48	0.04	-0.3	-0.48	-0.1	0.91	0.51	0.49	-0.29	-0.26	0.05	0.69	-0.4	-0.18	0.36		0.95
Short Term Debt	0.46	-0.25	0.85	-0.72	0.61	0.86	-0.89	0.86	-0.41	0.61	-0.05	-0.28	-0.41	0.07	0.87	0.6	0.54	-0.24	-0.26	0.09	0.8	-0.25	-0.03	0.43	0.95

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Ortel Communications Account Relationship Matchups

Ortel Communications fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.7B	4.4B	4.0B	3.7B	4.2B	3.8B
Other Current Liab	529.1M	317.9M	1.7B	209.8M	241.3M	229.2M
Total Current Liabilities	3.2B	3.0B	3.0B	3.0B	3.5B	2.2B
Total Stockholder Equity	206.5M	(204.2M)	(552.6M)	(771.9M)	(694.7M)	(659.9M)
Property Plant And Equipment Net	3.8B	3.6B	3.3B	3.1B	3.5B	2.9B
Net Debt	2.0B	2.3B	2.2B	2.3B	2.6B	1.5B
Retained Earnings	(2.0B)	(2.5B)	(2.8B)	(3.1B)	(2.7B)	(2.6B)
Accounts Payable	348.2M	401.7M	417.5M	477.8M	549.4M	284.4M
Cash	35.1M	41.4M	38.8M	40.7M	36.6M	34.8M
Non Current Assets Total	4.1B	6.1B	3.6B	3.3B	3.7B	3.4B
Non Currrent Assets Other	11.8M	7.2M	5.7M	4.7M	4.2M	5.4M
Other Assets	(50K)	(2.1B)	2K	1K	900.0	945.0
Cash And Short Term Investments	42.6M	41.4M	38.8M	40.7M	36.6M	34.8M
Net Receivables	500.8M	415.1M	147.7M	360.3M	414.4M	416.1M
Non Current Liabilities Total	1.3B	1.6B	1.5B	1.4B	1.6B	1.3B
Inventory	5.9M	6.0M	3.8M	3.4M	3.0M	2.9M
Other Current Assets	13.6M	9.5M	16.0M	4.4M	3.9M	3.7M
Other Stockholder Equity	331.3M	2.6B	2.0B	1.9B	2.2B	1.9B
Total Liab	4.5B	4.6B	4.6B	4.4B	5.1B	3.5B
Total Current Assets	562.9M	471.8M	399.1M	408.8M	470.1M	674.8M
Intangible Assets	157.7M	198.6M	103.7M	22.7M	26.0M	24.7M
Short Long Term Debt Total	2.0B	2.3B	2.3B	2.3B	2.6B	1.9B
Liabilities And Stockholders Equity	4.7B	4.4B	4.0B	3.7B	4.2B	4.3B
Short Term Debt	963.6M	875.1M	901.9M	878.4M	1.0B	546.1M
Other Liab	230.3M	199.8M	121.7M	11.2M	12.9M	12.3M
Net Tangible Assets	37.9M	(427.3M)	(680.8M)	(818.9M)	(737.0M)	(700.2M)
Current Deferred Revenue	1.4B	1.4B	1.5B	1.4B	1.7B	1.7B
Long Term Debt	987.0M	1.4B	1.3B	1.4B	1.6B	1.3B
Short Long Term Debt	915.7M	807.4M	766.6M	333.2M	299.9M	521.8M
Property Plant Equipment	3.8B	3.6B	3.3B	3.1B	3.5B	3.4B
Non Current Liabilities Other	120.5M	64.1M	27.7M	6.5M	5.9M	5.6M

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Other Information on Investing in Ortel Stock

Balance Sheet is a snapshot of the financial position of Ortel Communications at a specified time, usually calculated after every quarter, six months, or one year. Ortel Communications Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ortel Communications and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Ortel currently owns. An asset can also be divided into two categories, current and non-current.

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Ortel Common Stock vs Retained Earnings Analysis

Common Stock vs Retained Earnings

Common Stock vs Retained Earnings Correlation Analysis

Correlation Coefficient

Common Stock

Retained Earnings

Ortel Communications fundamental ratios Correlations

Ortel Communications Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ortel Communications fundamental ratios Accounts

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Other Information on Investing in Ortel Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.98	Total Current Liabilities
Property Plant And Equipment Net	+ 0.97	Total Assets
Common Stock Shares Outstanding	+ 0.96	Property Plant And Equipment Net
Non Current Liabilities Total	+ 0.96	Common Stock Shares Outstanding
Total Liab	+ 0.96	Common Stock Shares Outstanding

Good Will	- 0.95	Retained Earnings
Accounts Payable	- 0.94	Retained Earnings
Short Term Debt	- 0.89	Retained Earnings
Retained Earnings	- 0.88	Net Debt
Short Long Term Debt Total	- 0.87	Retained Earnings
Total Liab	- 0.87	Retained Earnings