Owlet Capital Surpluse vs Property Plant Equipment Analysis

OWLT Stock

USD 4.79 0.06 1.27%

Owlet financial indicator trend analysis is much more than just breaking down Owlet Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Owlet Inc is a good investment. Please check the relationship between Owlet Capital Surpluse and its Property Plant Equipment accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Owlet Inc. 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.

Capital Surpluse vs Property Plant Equipment

Capital Surpluse vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Owlet Inc Capital Surpluse account and Property Plant Equipment. At this time, the significance of the direction appears to have pay attention.

The correlation between Owlet's Capital Surpluse and Property Plant Equipment is -0.81. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Owlet Inc, assuming nothing else is changed. The correlation between historical values of Owlet's Capital Surpluse and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Owlet Inc are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Capital Surpluse i.e., Owlet's Capital Surpluse and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.81

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Capital Surpluse

Property Plant Equipment

Most indicators from Owlet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Owlet Inc 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 Owlet Inc. 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.

At this time, Owlet's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 76 M in 2024, whereas Tax Provision is likely to drop 5,700 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	35M	23.3M	22.6M	22.3M
Total Revenue	75.8M	69.2M	54.0M	71.3M

Gross Profit Total Revenue

Owlet 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	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		-0.57	0.97	0.83	0.75	0.94	0.43	0.21	-0.96	-0.51	0.81	0.92	0.56	0.64	-0.79	0.92	0.47	-0.64	0.03	0.84	0.99	0.72	0.83	1.0	0.16	0.61
Short Long Term Debt Total	-0.57		-0.69	-0.6	-0.18	-0.44	0.22	-0.34	0.5	0.84	-0.59	-0.36	-0.77	-0.78	0.89	-0.36	-0.67	0.02	-0.2	-0.61	-0.62	-0.86	-0.65	-0.55	-0.11	-0.86
Other Current Liab	0.97	-0.69		0.92	0.62	0.86	0.42	0.34	-0.88	-0.68	0.9	0.82	0.73	0.8	-0.9	0.82	0.66	-0.64	0.01	0.92	0.99	0.86	0.91	0.96	0.3	0.78
Total Current Liabilities	0.83	-0.6	0.92		0.35	0.64	0.6	0.49	-0.66	-0.78	0.98	0.6	0.84	0.9	-0.84	0.6	0.85	-0.77	-0.1	0.95	0.87	0.87	0.95	0.82	0.62	0.84
Total Stockholder Equity	0.75	-0.18	0.62	0.35		0.9	0.13	0.05	-0.87	0.12	0.38	0.9	0.11	0.17	-0.44	0.9	-0.12	-0.26	-0.16	0.49	0.73	0.23	0.3	0.76	-0.42	0.1
Other Liab	0.94	-0.44	0.86	0.64	0.9		0.33	0.01	-1.0	-0.27	0.61	1.0	0.33	0.43	-0.65	1.0	0.21	-0.51	0.1	0.67	0.92	0.55	0.66	0.95	-0.09	0.42
Net Tangible Assets	0.43	0.22	0.42	0.6	0.13	0.33		-0.02	-0.32	-0.22	0.52	0.37	0.18	0.27	-0.09	0.37	0.4	-0.96	0.03	0.43	0.41	0.27	0.6	0.43	0.74	0.22
Property Plant And Equipment Net	0.21	-0.34	0.34	0.49	0.05	0.01	-0.02		0.0	-0.35	0.63	-0.05	0.75	0.66	-0.54	-0.05	0.52	-0.07	-0.82	0.67	0.31	0.37	0.24	0.18	0.22	0.43
Net Debt	-0.96	0.5	-0.88	-0.66	-0.87	-1.0	-0.32	0.0		0.33	-0.62	-0.99	-0.36	-0.46	0.68	-0.99	-0.25	0.51	-0.15	-0.68	-0.93	-0.6	-0.69	-0.96	0.07	-0.47
Retained Earnings	-0.51	0.84	-0.68	-0.78	0.12	-0.27	-0.22	-0.35	0.33		-0.73	-0.2	-0.85	-0.88	0.79	-0.2	-0.93	0.4	-0.23	-0.67	-0.56	-0.92	-0.84	-0.48	-0.63	-0.95
Accounts Payable	0.81	-0.59	0.9	0.98	0.38	0.61	0.52	0.63	-0.62	-0.73		0.56	0.89	0.92	-0.86	0.56	0.83	-0.69	-0.27	0.99	0.86	0.84	0.89	0.79	0.55	0.81
Cash	0.92	-0.36	0.82	0.6	0.9	1.0	0.37	-0.05	-0.99	-0.2	0.56		0.25	0.35	-0.58	1.0	0.15	-0.54	0.12	0.62	0.89	0.49	0.63	0.93	-0.1	0.35
Non Current Assets Total	0.56	-0.77	0.73	0.84	0.11	0.33	0.18	0.75	-0.36	-0.85	0.89	0.25		0.99	-0.9	0.25	0.91	-0.36	-0.27	0.87	0.64	0.89	0.75	0.53	0.5	0.92
Non Currrent Assets Other	0.64	-0.78	0.8	0.9	0.17	0.43	0.27	0.66	-0.46	-0.88	0.92	0.35	0.99		-0.92	0.35	0.94	-0.46	-0.16	0.89	0.71	0.94	0.84	0.61	0.54	0.96
Other Assets	-0.79	0.89	-0.9	-0.84	-0.44	-0.65	-0.09	-0.54	0.68	0.79	-0.86	-0.58	-0.9	-0.92		-0.58	-0.76	0.33	0.08	-0.89	-0.84	-0.93	-0.8	-0.77	-0.23	-0.91
Cash And Short Term Investments	0.92	-0.36	0.82	0.6	0.9	1.0	0.37	-0.05	-0.99	-0.2	0.56	1.0	0.25	0.35	-0.58		0.15	-0.54	0.12	0.62	0.89	0.49	0.63	0.93	-0.1	0.35
Net Receivables	0.47	-0.67	0.66	0.85	-0.12	0.21	0.4	0.52	-0.25	-0.93	0.83	0.15	0.91	0.94	-0.76	0.15		-0.54	0.0	0.75	0.54	0.89	0.84	0.44	0.78	0.93
Common Stock Shares Outstanding	-0.64	0.02	-0.64	-0.77	-0.26	-0.51	-0.96	-0.07	0.51	0.4	-0.69	-0.54	-0.36	-0.46	0.33	-0.54	-0.54		-0.05	-0.62	-0.62	-0.47	-0.77	-0.64	-0.72	-0.41
Non Current Liabilities Total	0.03	-0.2	0.01	-0.1	-0.16	0.1	0.03	-0.82	-0.15	-0.23	-0.27	0.12	-0.27	-0.16	0.08	0.12	0.0	-0.05		-0.34	-0.03	0.16	0.2	0.05	0.08	0.13
Inventory	0.84	-0.61	0.92	0.95	0.49	0.67	0.43	0.67	-0.68	-0.67	0.99	0.62	0.87	0.89	-0.89	0.62	0.75	-0.62	-0.34		0.89	0.81	0.84	0.82	0.41	0.78
Other Current Assets	0.99	-0.62	0.99	0.87	0.73	0.92	0.41	0.31	-0.93	-0.56	0.86	0.89	0.64	0.71	-0.84	0.89	0.54	-0.62	-0.03	0.89		0.77	0.85	0.99	0.19	0.67
Other Stockholder Equity	0.72	-0.86	0.86	0.87	0.23	0.55	0.27	0.37	-0.6	-0.92	0.84	0.49	0.89	0.94	-0.93	0.49	0.89	-0.47	0.16	0.81	0.77		0.91	0.7	0.49	0.99
Total Liab	0.83	-0.65	0.91	0.95	0.3	0.66	0.6	0.24	-0.69	-0.84	0.89	0.63	0.75	0.84	-0.8	0.63	0.84	-0.77	0.2	0.84	0.85	0.91		0.82	0.63	0.86
Total Current Assets	1.0	-0.55	0.96	0.82	0.76	0.95	0.43	0.18	-0.96	-0.48	0.79	0.93	0.53	0.61	-0.77	0.93	0.44	-0.64	0.05	0.82	0.99	0.7	0.82		0.14	0.59
Short Term Debt	0.16	-0.11	0.3	0.62	-0.42	-0.09	0.74	0.22	0.07	-0.63	0.55	-0.1	0.5	0.54	-0.23	-0.1	0.78	-0.72	0.08	0.41	0.19	0.49	0.63	0.14		0.54
Intangible Assets	0.61	-0.86	0.78	0.84	0.1	0.42	0.22	0.43	-0.47	-0.95	0.81	0.35	0.92	0.96	-0.91	0.35	0.93	-0.41	0.13	0.78	0.67	0.99	0.86	0.59	0.54

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Owlet Capital Surpluse vs Property Plant Equipment Analysis

Capital Surpluse vs Property Plant Equipment

Capital Surpluse vs Property Plant Equipment Correlation Analysis

Correlation Coefficient

Capital Surpluse

Property Plant Equipment

Owlet fundamental ratios Correlations

Owlet Account Relationship Matchups

High Positive Relationship

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Additional Tools for Owlet Stock Analysis

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Total Current Assets	+ 1.0	Total Assets
Cash	+ 1.0	Other Liab
Cash And Short Term Investments	+ 1.0	Other Liab
Cash And Short Term Investments	+ 1.0	Cash
Other Current Assets	+ 0.99	Total Assets
Other Current Assets	+ 0.99	Other Current Liab

Net Debt	- 1.0	Other Liab
Cash And Short Term Investments	- 0.99	Net Debt
Cash	- 0.99	Net Debt
Total Current Assets	- 0.96	Net Debt
Common Stock Shares Outstanding	- 0.96	Net Tangible Assets
Net Debt	- 0.96	Total Assets