Oxbridge Property Plant And Equipment Net vs Other Current Liab Analysis

OXBR Stock  USD 3.05  0.04  1.29%   
Oxbridge financial indicator trend analysis is much more than just breaking down Oxbridge Re Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oxbridge Re Holdings is a good investment. Please check the relationship between Oxbridge Property Plant And Equipment Net and its Other Current Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oxbridge Re 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 bureau of labor statistics.

Property Plant And Equipment Net vs Other Current Liab

Property Plant And Equipment Net vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oxbridge Re Holdings Property Plant And Equipment Net account and Other Current Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Oxbridge's Property Plant And Equipment Net and Other Current Liab is -0.21. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Oxbridge Re Holdings, assuming nothing else is changed. The correlation between historical values of Oxbridge's Property Plant And Equipment Net and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Oxbridge Re Holdings are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Property Plant And Equipment Net i.e., Oxbridge's Property Plant And Equipment Net and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.21
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Other Current Liab

Most indicators from Oxbridge's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oxbridge Re 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 Oxbridge Re 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 bureau of labor statistics.
As of 11/22/2024, Selling General Administrative is likely to drop to about 1.4 M. In addition to that, Sales General And Administrative To Revenue is likely to grow to -0.29
 2023 2024 (projected)
Interest Income22.5K20.4K
Reconciled Depreciation6K9.0K

Oxbridge fundamental ratios Correlations

0.730.340.990.770.95-0.650.6-0.380.620.930.93-0.630.890.31-0.330.410.920.180.360.930.680.610.3-0.110.47
0.730.820.680.770.62-0.10.80.150.060.770.82-0.440.5-0.23-0.470.490.760.46-0.180.750.090.71-0.23-0.210.73
0.340.820.330.620.290.220.510.21-0.250.380.4-0.110.14-0.25-0.70.350.340.79-0.230.33-0.190.63-0.26-0.180.46
0.990.680.330.750.96-0.630.56-0.430.60.880.87-0.540.870.36-0.380.440.860.230.410.870.690.60.35-0.030.39
0.770.770.620.750.71-0.370.730.020.340.790.8-0.540.65-0.08-0.370.450.740.33-0.040.740.320.65-0.08-0.190.62
0.950.620.290.960.71-0.620.44-0.510.610.880.81-0.580.810.47-0.30.250.860.250.510.870.720.660.47-0.150.32
-0.65-0.10.22-0.63-0.37-0.620.020.7-1.0-0.64-0.580.72-0.89-0.640.10.12-0.620.14-0.67-0.64-0.8-0.02-0.64-0.04-0.01
0.60.80.510.560.730.440.020.51-0.070.630.75-0.30.35-0.57-0.040.70.64-0.02-0.530.63-0.050.49-0.58-0.220.86
-0.380.150.21-0.430.02-0.510.70.51-0.73-0.25-0.120.28-0.55-0.990.340.3-0.22-0.24-0.99-0.24-0.79-0.06-0.98-0.20.51
0.620.06-0.250.60.340.61-1.0-0.07-0.730.610.54-0.680.870.67-0.09-0.160.59-0.120.70.60.8-0.010.670.07-0.04
0.930.770.380.880.790.88-0.640.63-0.250.610.97-0.810.850.18-0.20.240.990.110.230.990.570.590.18-0.310.63
0.930.820.40.870.80.81-0.580.75-0.120.540.97-0.760.840.03-0.220.390.970.050.080.970.50.570.02-0.270.69
-0.63-0.44-0.11-0.54-0.54-0.580.72-0.30.28-0.68-0.81-0.76-0.74-0.210.00.13-0.830.15-0.23-0.82-0.6-0.39-0.210.5-0.5
0.890.50.140.870.650.81-0.890.35-0.550.870.850.84-0.740.46-0.330.230.830.070.50.850.790.320.450.00.33
0.31-0.23-0.250.36-0.080.47-0.64-0.57-0.990.670.180.03-0.210.46-0.3-0.370.140.230.990.170.730.071.00.18-0.57
-0.33-0.47-0.7-0.38-0.37-0.30.1-0.040.34-0.09-0.2-0.220.0-0.33-0.3-0.26-0.14-0.84-0.31-0.15-0.17-0.43-0.29-0.190.07
0.410.490.350.440.450.250.120.70.3-0.160.240.390.130.23-0.37-0.260.240.09-0.330.240.010.25-0.380.30.45
0.920.760.340.860.740.86-0.620.64-0.220.590.990.97-0.830.830.14-0.140.240.030.191.00.570.580.14-0.360.66
0.180.460.790.230.330.250.14-0.02-0.24-0.120.110.050.150.070.23-0.840.090.030.240.04-0.040.480.230.19-0.11
0.36-0.18-0.230.41-0.040.51-0.67-0.53-0.990.70.230.08-0.230.50.99-0.31-0.330.190.240.210.770.070.990.2-0.54
0.930.750.330.870.740.87-0.640.63-0.240.60.990.97-0.820.850.17-0.150.241.00.040.210.590.570.16-0.330.65
0.680.09-0.190.690.320.72-0.8-0.05-0.790.80.570.5-0.60.790.73-0.170.010.57-0.040.770.590.320.73-0.08-0.08
0.610.710.630.60.650.66-0.020.49-0.06-0.010.590.57-0.390.320.07-0.430.250.580.480.070.570.320.07-0.420.4
0.3-0.23-0.260.35-0.080.47-0.64-0.58-0.980.670.180.02-0.210.451.0-0.29-0.380.140.230.990.160.730.070.18-0.57
-0.11-0.21-0.18-0.03-0.19-0.15-0.04-0.22-0.20.07-0.31-0.270.50.00.18-0.190.3-0.360.190.2-0.33-0.08-0.420.18-0.39
0.470.730.460.390.620.32-0.010.860.51-0.040.630.69-0.50.33-0.570.070.450.66-0.11-0.540.65-0.080.4-0.57-0.39
Click cells to compare fundamentals

Oxbridge Account Relationship Matchups

Oxbridge fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.5M9.1M17.7M16.6M8.3M7.8M
Total Current Liabilities279K209K337K260K356K338.2K
Total Stockholder Equity8.0M8.0M16.7M15.0M5.3M5.1M
Net Tangible Assets8.3M8.0M8.0M16.7M15.0M15.4M
Net Debt(5.2M)(5.1M)(3.2M)(947K)(3.6M)(3.8M)
Retained Earnings(24.2M)(24.3M)(15.7M)(17.5M)(27.4M)(26.0M)
Accounts Payable279K209K337K294K356K297.3K
Cash6.0M5.6M3.5M1.2M3.7M4.6M
Non Current Assets Total834K1.0M721K49K7.8M15.2M
Non Currrent Assets Other(834K)(1.0M)(721K)(642K)(114K)(108.3K)
Other Assets2.2M2.0M13.2M3.9M(4.4M)(4.6M)
Cash And Short Term Investments6.0M5.6M3.5M1.2M495K470.3K
Short Term Investments993K0.011.2M11.4M(3.3M)(3.1M)
Liabilities And Stockholders Equity9.5M9.1M17.7M16.6M8.3M7.8M
Non Current Liabilities Total733K438K351K1.4M2.9M4.7M
Other Current Assets8.5M7.9M5.7M4.4M4.9M3.7M
Other Stockholder Equity32.3M32.3M32.4M32.5M32.7M33.3M
Total Liab1.5M1.1M1.0M1.6M2.9M4.8M
Total Current Assets6.5M6.0M3.8M12.6M4.9M6.8M
Property Plant And Equipment Net142K235K144K49K13K12.4K
Net Receivables518K465K289K327K1.0M1.5M
Retained Earnings Total Equity(18.1M)(23.9M)(24.2M)(24.3M)(21.8M)(20.8M)
Capital Surpluse32.1M32.2M32.3M32.3M29.1M26.2M
Long Term Investments704K787K577K12.1M3.2M3.3M
Non Current Liabilities Other7.4M4.1M573K633K569.7K541.2K
Property Plant Equipment18K9K235K144K165.6K83.3K
Net Invested Capital8.6M8.2M16.9M15.2M5.5M8.8M

Pair Trading with Oxbridge

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 Oxbridge 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 Oxbridge will appreciate offsetting losses from the drop in the long position's value.

Moving together with Oxbridge Stock

  0.75BNT Brookfield Wealth Symbol ChangePairCorr

Moving against Oxbridge Stock

  0.39HG Hamilton Insurance Group,PairCorr
The ability to find closely correlated positions to Oxbridge could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Oxbridge 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 Oxbridge - 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 Oxbridge Re Holdings to buy it.
The correlation of Oxbridge 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 Oxbridge moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Oxbridge Re Holdings 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 Oxbridge 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

Additional Tools for Oxbridge Stock Analysis

When running Oxbridge's price analysis, check to measure Oxbridge'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 Oxbridge is operating at the current time. Most of Oxbridge's value examination focuses on studying past and present price action to predict the probability of Oxbridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oxbridge's price. Additionally, you may evaluate how the addition of Oxbridge to your portfolios can decrease your overall portfolio volatility.