Ooma Capital Surpluse vs Other Assets Analysis
OOMA Stock | USD 7.51 0.04 0.53% |
Ooma financial indicator trend analysis is much more than just breaking down Ooma Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ooma Inc is a good investment. Please check the relationship between Ooma Capital Surpluse and its Other Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ooma Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
Capital Surpluse vs Other Assets
Capital Surpluse vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ooma Inc Capital Surpluse account and Other Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ooma's Capital Surpluse and Other Assets is 0.55. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Other Assets in the same time period over historical financial statements of Ooma Inc, assuming nothing else is changed. The correlation between historical values of Ooma's Capital Surpluse and Other Assets 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 Ooma Inc are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Capital Surpluse i.e., Ooma's Capital Surpluse and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.55 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Capital Surpluse
Other Assets
Most indicators from Ooma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ooma 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 Ooma Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. At present, Ooma's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 42.45, whereas Selling General Administrative is forecasted to decline to about 17.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 118.4M | 137.6M | 143.5M | 84.0M | Total Revenue | 192.3M | 216.2M | 236.7M | 143.7M |
Ooma fundamental ratios Correlations
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Ooma Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ooma fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 21.1M | 22.4M | 23.5M | 24.5M | 25.6M | 19.9M | |
Total Assets | 80.5M | 89.1M | 109.3M | 131.0M | 159.3M | 92.0M | |
Short Long Term Debt Total | 5.0M | 2.8M | 14.5M | 14.0M | 33.4M | 35.1M | |
Other Current Liab | 19.3M | 18.9M | 19.6M | 23.1M | 22.8M | 17.4M | |
Total Current Liabilities | 46.9M | 46.7M | 46.9M | 57.4M | 51.5M | 44.9M | |
Total Stockholder Equity | 28.4M | 39.6M | 51.1M | 63.1M | 78.1M | 82.0M | |
Other Liab | 174K | 75K | 73K | 31K | 27.9K | 26.5K | |
Property Plant And Equipment Net | 13.2M | 11.1M | 20.9M | 20.7M | 26.9M | 28.3M | |
Current Deferred Revenue | 15.8M | 16.4M | 16.6M | 17.2M | 17.0M | 16.9M | |
Net Debt | (6.7M) | (14.5M) | (5.2M) | (10.1M) | 15.9M | 16.7M | |
Retained Earnings | (124.6M) | (127.0M) | (128.8M) | (132.4M) | (133.3M) | (139.9M) | |
Accounts Payable | 8.5M | 7.5M | 7.5M | 13.5M | 7.8M | 8.0M | |
Cash | 11.7M | 17.3M | 19.7M | 24.1M | 17.5M | 15.7M | |
Non Current Assets Total | 32.4M | 33.1M | 43.2M | 56.4M | 104.2M | 109.4M | |
Non Currrent Assets Other | 8.2M | 12.2M | 13.9M | 16.6M | 26.2M | 27.5M | |
Other Assets | 8.2M | 12.2M | 13.9M | 16.6M | 1.0 | 0.95 | |
Cash And Short Term Investments | 26.1M | 28.3M | 31.3M | 26.9M | 17.5M | 25.4M | |
Net Receivables | 4.6M | 5.2M | 7.3M | 7.1M | 12.1M | 12.7M | |
Liabilities And Stockholders Equity | 80.5M | 89.1M | 109.3M | 131.0M | 159.3M | 92.0M | |
Non Current Liabilities Total | 5.2M | 2.9M | 11.3M | 10.5M | 29.7M | 31.2M | |
Inventory | 8.4M | 12.2M | 13.8M | 26.2M | 19.8M | 12.0M | |
Other Current Assets | 9.0M | 10.2M | 13.6M | 14.4M | 5.7M | 7.1M | |
Other Stockholder Equity | 153.0M | 166.6M | 179.9M | 195.6M | 211.4M | 135.2M | |
Total Liab | 52.0M | 49.5M | 58.2M | 67.9M | 81.2M | 59.2M | |
Property Plant And Equipment Gross | 13.3M | 11.1M | 20.9M | 20.7M | 23.8M | 25.0M | |
Total Current Assets | 48.0M | 56.0M | 66.0M | 74.6M | 55.1M | 60.4M | |
Accumulated Other Comprehensive Income | 14K | 7K | (20K) | (23K) | (1K) | (1.1K) | |
Short Term Debt | 3.3M | 3.8M | 3.3M | 3.6M | 3.7M | 3.2M | |
Intangible Assets | 6.8M | 5.5M | 4.2M | 10.5M | 28.0M | 29.3M | |
Property Plant Equipment | 13.3M | 11.1M | 20.9M | 8.0M | 9.2M | 8.3M | |
Net Tangible Assets | 17.3M | 29.8M | 42.6M | 44.0M | 50.6M | 27.6M | |
Good Will | 1.9M | 3.9M | 4.3M | 8.7M | 23.1M | 24.2M | |
Short Term Investments | 14.4M | 11.0M | 11.6M | 2.7M | 2.5M | 2.3M | |
Deferred Long Term Liab | 3.4M | 7.4M | 11.5M | 13.2M | 15.2M | 16.0M | |
Retained Earnings Total Equity | (124.6M) | (127.0M) | (128.8M) | (132.4M) | (119.2M) | (125.2M) | |
Capital Surpluse | 153.0M | 166.6M | 179.9M | 195.6M | 224.9M | 163.3M | |
Non Current Liabilities Other | 174K | 75K | 73K | 31K | 27.9K | 26.5K | |
Net Invested Capital | 28.4M | 39.6M | 51.1M | 63.1M | 72.6M | 46.3M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ooma in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ooma's short interest history, or implied volatility extrapolated from Ooma options trading.
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When running Ooma's price analysis, check to measure Ooma'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 Ooma is operating at the current time. Most of Ooma's value examination focuses on studying past and present price action to predict the probability of Ooma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ooma's price. Additionally, you may evaluate how the addition of Ooma to your portfolios can decrease your overall portfolio volatility.
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Is Ooma's industry 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 Ooma. If investors know Ooma 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 Ooma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.03) | Revenue Per Share 9.257 | Quarterly Revenue Growth 0.092 | Return On Assets (0.01) | Return On Equity (0.01) |
The market value of Ooma Inc is measured differently than its book value, which is the value of Ooma that is recorded on the company's balance sheet. Investors also form their own opinion of Ooma's value that differs from its market value or its book value, called intrinsic value, which is Ooma'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 Ooma's market value can be influenced by many factors that don't directly affect Ooma'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 Ooma's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ooma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ooma'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.