OneSpan Non Current Assets Total vs Short Long Term Debt Total Analysis

OSPN Stock  USD 17.88  0.21  1.19%   
OneSpan financial indicator trend analysis is much more than just breaking down OneSpan prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OneSpan is a good investment. Please check the relationship between OneSpan Non Current Assets Total and its Short Long Term Debt Total accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneSpan. 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.
To learn how to invest in OneSpan Stock, please use our How to Invest in OneSpan guide.

Non Current Assets Total vs Short Long Term Debt Total

Non Current Assets Total vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OneSpan Non Current Assets Total account and Short Long Term Debt Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between OneSpan's Non Current Assets Total and Short Long Term Debt Total is -0.32. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of OneSpan, assuming nothing else is changed. The correlation between historical values of OneSpan's Non Current Assets Total and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of OneSpan are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Non Current Assets Total i.e., OneSpan's Non Current Assets Total and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Short Long Term Debt Total

Most indicators from OneSpan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OneSpan 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 OneSpan. 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.
To learn how to invest in OneSpan Stock, please use our How to Invest in OneSpan guide.As of the 25th of November 2024, Enterprise Value is likely to grow to about 918.8 M, while Selling General Administrative is likely to drop about 33.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit142.9M148.6M157.7M93.0M
Total Revenue214.5M219.0M235.1M139.5M

OneSpan fundamental ratios Correlations

0.060.660.580.950.41-0.330.960.290.340.820.460.660.70.750.730.770.620.230.410.180.680.260.9-0.230.76
0.06-0.38-0.740.21-0.61-0.270.24-0.860.17-0.32-0.510.31-0.52-0.44-0.23-0.180.080.2-0.73-0.07-0.57-0.740.150.28-0.13
0.66-0.380.750.470.690.130.510.46-0.060.880.710.070.840.920.410.40.76-0.280.68-0.120.880.620.37-0.840.36
0.58-0.740.750.390.840.130.390.84-0.040.830.760.070.90.870.620.560.41-0.120.920.140.940.850.38-0.430.51
0.950.210.470.390.18-0.490.990.160.480.680.230.830.520.580.730.810.440.420.170.190.460.040.95-0.030.83
0.41-0.610.690.840.180.230.180.66-0.080.730.79-0.190.840.790.40.340.58-0.240.90.250.880.960.16-0.490.28
-0.33-0.270.130.13-0.490.23-0.39-0.05-0.980.130.05-0.680.00.16-0.51-0.610.15-0.80.32-0.230.170.31-0.65-0.34-0.65
0.960.240.510.390.990.18-0.390.120.380.710.220.780.50.60.650.720.50.340.180.150.480.030.91-0.090.74
0.29-0.860.460.840.160.66-0.050.120.130.470.50.00.660.550.590.520.00.140.70.260.670.750.24-0.180.45
0.340.17-0.06-0.040.48-0.08-0.980.380.13-0.050.070.640.09-0.080.510.62-0.070.77-0.210.27-0.06-0.180.640.270.67
0.82-0.320.880.830.680.730.130.710.47-0.050.650.250.880.980.550.560.71-0.130.740.020.910.640.55-0.540.53
0.46-0.510.710.760.230.790.050.220.50.070.65-0.020.810.70.390.340.66-0.20.80.060.850.740.29-0.570.31
0.660.310.070.070.83-0.19-0.680.780.00.640.25-0.020.120.130.550.690.110.55-0.160.360.09-0.30.890.270.75
0.7-0.520.840.90.520.840.00.50.660.090.880.810.120.890.630.620.64-0.110.8-0.030.950.790.49-0.490.57
0.75-0.440.920.870.580.790.160.60.55-0.080.980.70.130.890.530.520.67-0.180.820.010.940.720.45-0.620.48
0.73-0.230.410.620.730.4-0.510.650.590.510.550.390.550.630.530.960.120.530.410.310.530.390.780.040.92
0.77-0.180.40.560.810.34-0.610.720.520.620.560.340.690.620.520.960.160.540.340.310.50.30.860.080.99
0.620.080.760.410.440.580.150.50.0-0.070.710.660.110.640.670.120.16-0.360.43-0.020.690.390.36-0.680.14
0.230.2-0.28-0.120.42-0.24-0.80.340.140.77-0.13-0.20.55-0.11-0.180.530.54-0.36-0.340.28-0.24-0.230.510.540.57
0.41-0.730.680.920.170.90.320.180.7-0.210.740.8-0.160.80.820.410.340.43-0.340.180.890.90.15-0.50.28
0.18-0.07-0.120.140.190.25-0.230.150.260.270.020.060.36-0.030.010.310.31-0.020.280.180.10.190.310.240.32
0.68-0.570.880.940.460.880.170.480.67-0.060.910.850.090.950.940.530.50.69-0.240.890.10.820.43-0.590.45
0.26-0.740.620.850.040.960.310.030.75-0.180.640.74-0.30.790.720.390.30.39-0.230.90.190.820.02-0.460.22
0.90.150.370.380.950.16-0.650.910.240.640.550.290.890.490.450.780.860.360.510.150.310.430.020.070.88
-0.230.28-0.84-0.43-0.03-0.49-0.34-0.09-0.180.27-0.54-0.570.27-0.49-0.620.040.08-0.680.54-0.50.24-0.59-0.460.070.11
0.76-0.130.360.510.830.28-0.650.740.450.670.530.310.750.570.480.920.990.140.570.280.320.450.220.880.11
Click cells to compare fundamentals

OneSpan Account Relationship Matchups

OneSpan fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets384.6M375.2M342.3M335.1M289.2M187.7M
Other Current Liab30.3M23.6M25.2M26.4M25.4M26.7M
Total Current Liabilities74.1M75.3M89.1M110.8M114.8M120.6M
Total Stockholder Equity264.0M257.3M219.8M203.3M159.1M133.0M
Property Plant And Equipment Net22.0M23.2M20.0M20.7M24.9M26.1M
Net Debt(73.0M)(76.0M)(53.2M)(88.1M)(34.7M)(36.4M)
Retained Earnings181.2M173.7M143.2M128.7M98.9M64.2M
Accounts Payable10.8M5.7M8.2M17.4M17.5M18.3M
Cash84.3M88.4M63.4M96.5M42.5M57.2M
Non Current Assets Total173.0M168.0M155.2M137.5M142.8M150.0M
Non Currrent Assets Other8.7M11.2M13.8M11.1M11.7M12.3M
Cash And Short Term Investments109.8M115.3M98.5M98.8M42.5M70.9M
Net Receivables69.5M64.7M61.3M69.7M69.5M73.0M
Good Will94.6M97.6M96.2M90.5M93.7M98.4M
Common Stock Shares Outstanding40.1M40.0M39.6M40.1M40.2M39.2M
Liabilities And Stockholders Equity384.6M375.2M342.3M335.1M289.2M187.7M
Non Current Liabilities Total46.4M42.6M33.4M21.0M15.2M11.7M
Inventory19.8M13.1M10.3M12.1M15.6M11.6M
Other Current Assets6.3M14.1M17.0M17.0M18.8M19.7M
Other Stockholder Equity96.1M93.8M87.7M89.1M71.2M63.4M
Total Liab120.5M117.9M122.5M131.8M130.1M136.6M
Property Plant And Equipment Gross22.0M23.2M20.0M20.7M38.4M40.3M
Total Current Assets211.6M207.2M187.1M197.5M146.3M122.8M
Accumulated Other Comprehensive Income(13.3M)(10.2M)(11.2M)(14.6M)(11.1M)(10.5M)
Short Term Debt2.6M2.9M2.5M2.3M2.0M1.9M
Current Deferred Revenue30.3M43.4M54.6M64.6M69.3M72.8M
Intangible Assets36.2M27.2M21.3M12.5M10.8M15.5M
Other Assets20.1M31.4M17.8M13.8M1.00.95
Property Plant Equipment11.5M11.8M20.0M20.7M23.8M25.0M
Other Liab35.1M30.2M23.2M12.5M14.4M10.7M
Short Term Investments79.7M22.8M25.5M26.9M35.1M2.3M
Net Tangible Assets133.2M132.6M102.3M100.3M90.3M104.6M
Retained Earnings Total Equity172.4M181.2M173.7M143.2M164.6M153.8M
Capital Surpluse96.1M98.8M100.3M107.3M123.4M97.9M
Deferred Long Term Liab2.7M4.6M1.9M1.3M1.5M1.4M
Non Current Liabilities Other41.8M40.6M32.1M1.2M3.2M3.0M

Pair Trading with OneSpan

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if OneSpan position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in OneSpan will appreciate offsetting losses from the drop in the long position's value.

Moving against OneSpan Stock

  0.64MQ MarqetaPairCorr
  0.64FAAS DigiAsia Corp Symbol ChangePairCorr
  0.56VHAI VHAIPairCorr
  0.46VRNS Varonis Systems Potential GrowthPairCorr
  0.31DOCN DigitalOcean Holdings Sell-off TrendPairCorr
The ability to find closely correlated positions to OneSpan could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace OneSpan when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back OneSpan - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling OneSpan to buy it.
The correlation of OneSpan is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as OneSpan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OneSpan moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for OneSpan can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether OneSpan offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OneSpan'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 Onespan Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Onespan Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneSpan. 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.
To learn how to invest in OneSpan Stock, please use our How to Invest in OneSpan guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Systems 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 OneSpan. If investors know OneSpan 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 OneSpan 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
0.27
Earnings Share
0.74
Revenue Per Share
6.356
Quarterly Revenue Growth
(0.04)
Return On Assets
0.0972
The market value of OneSpan is measured differently than its book value, which is the value of OneSpan that is recorded on the company's balance sheet. Investors also form their own opinion of OneSpan's value that differs from its market value or its book value, called intrinsic value, which is OneSpan'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 OneSpan's market value can be influenced by many factors that don't directly affect OneSpan'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 OneSpan's value and its price as these two are different measures arrived at by different means. Investors typically determine if OneSpan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OneSpan'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.