Optical Total Assets from 2010 to 2024

OCC Stock  USD 2.82  0.02  0.71%   
Optical Cable's Total Assets are increasing over the years with stable fluctuation. Total Assets are expected to dwindle to about 44.8 M. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
1996-04-30
Previous Quarter
43.9 M
Current Value
40.5 M
Quarterly Volatility
6.7 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Optical Cable financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Optical main balance sheet or income statement drivers, such as Depreciation And Amortization of 844 K, Interest Expense of 1.1 M or Selling General Administrative of 20.6 M, as well as many exotic indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0133 or PTB Ratio of 0.94. Optical financial statements analysis is a perfect complement when working with Optical Cable Valuation or Volatility modules.
  
This module can also supplement various Optical Cable Technical models . Check out the analysis of Optical Cable Correlation against competitors.
For information on how to trade Optical Stock refer to our How to Trade Optical Stock guide.

Latest Optical Cable's Total Assets Growth Pattern

Below is the plot of the Total Assets of Optical Cable over the last few years. Total assets refers to the total amount of Optical Cable assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Optical Cable books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Optical Cable's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Optical Cable's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 43.88 M10 Years Trend
Pretty Stable
   Total Assets   
       Timeline  

Optical Total Assets Regression Statistics

Arithmetic Mean42,502,561
Geometric Mean42,194,278
Coefficient Of Variation12.18
Mean Deviation4,063,057
Median43,098,000
Standard Deviation5,176,147
Sample Variance26.8T
Range19.4M
R-Value0.11
Mean Square Error28.5T
R-Squared0.01
Significance0.69
Slope132,073
Total Sum of Squares375.1T

Optical Total Assets History

202444.8 M
202350.5 M
202243.9 M
202140.6 M
202037.9 M
201936.6 M
201840.1 M

Other Fundumenentals of Optical Cable

Optical Cable Total Assets component correlations

0.570.370.70.230.620.580.9-0.320.260.09-0.410.0-0.740.290.16-0.04-0.230.10.50.4-0.31
0.57-0.310.9-0.010.69-0.120.41-0.38-0.510.64-0.57-0.27-0.260.93-0.40.43-0.370.650.21-0.280.19
0.37-0.310.01-0.32-0.190.790.250.10.64-0.16-0.060.03-0.77-0.530.56-0.20.21-0.36-0.10.18-0.19
0.70.90.01-0.190.660.020.43-0.37-0.310.64-0.66-0.27-0.510.77-0.350.39-0.330.380.14-0.2-0.07
0.23-0.01-0.32-0.190.260.140.510.150.17-0.510.270.120.22-0.050.16-0.510.12-0.120.380.57-0.2
0.620.69-0.190.660.260.040.56-0.13-0.140.21-0.33-0.05-0.240.61-0.150.21-0.120.230.17-0.01-0.13
0.58-0.120.790.020.140.040.620.10.5-0.29-0.090.1-0.74-0.340.62-0.390.2-0.10.120.30.06
0.90.410.250.430.510.560.62-0.240.37-0.28-0.330.18-0.610.130.21-0.16-0.170.040.610.59-0.25
-0.32-0.380.1-0.370.15-0.130.1-0.240.03-0.120.14-0.350.14-0.280.11-0.220.99-0.15-0.72-0.230.18
0.26-0.510.64-0.310.17-0.140.50.370.03-0.690.310.17-0.45-0.760.67-0.450.11-0.70.260.68-0.57
0.090.64-0.160.64-0.510.21-0.29-0.28-0.12-0.69-0.27-0.47-0.010.74-0.320.47-0.140.63-0.27-0.680.33
-0.41-0.57-0.06-0.660.27-0.33-0.09-0.330.140.31-0.270.040.48-0.480.64-0.420.1-0.250.030.19-0.13
0.0-0.270.03-0.270.12-0.050.10.18-0.350.17-0.470.040.13-0.28-0.040.23-0.37-0.190.440.41-0.21
-0.74-0.26-0.77-0.510.22-0.24-0.74-0.610.14-0.45-0.010.480.130.04-0.320.060.010.09-0.09-0.140.1
0.290.93-0.530.77-0.050.61-0.340.13-0.28-0.760.74-0.48-0.280.04-0.540.49-0.310.730.04-0.480.34
0.16-0.40.56-0.350.16-0.150.620.210.110.67-0.320.64-0.04-0.32-0.54-0.540.17-0.250.080.29-0.05
-0.040.43-0.20.39-0.510.21-0.39-0.16-0.22-0.450.47-0.420.230.060.49-0.54-0.240.45-0.04-0.410.16
-0.23-0.370.21-0.330.12-0.120.2-0.170.990.11-0.140.1-0.370.01-0.310.17-0.24-0.18-0.71-0.210.16
0.10.65-0.360.38-0.120.23-0.10.04-0.15-0.70.63-0.25-0.190.090.73-0.250.45-0.180.08-0.510.7
0.50.21-0.10.140.380.170.120.61-0.720.26-0.270.030.44-0.090.040.08-0.04-0.710.080.73-0.39
0.4-0.280.18-0.20.57-0.010.30.59-0.230.68-0.680.190.41-0.14-0.480.29-0.41-0.21-0.510.73-0.72
-0.310.19-0.19-0.07-0.2-0.130.06-0.250.18-0.570.33-0.13-0.210.10.34-0.050.160.160.7-0.39-0.72
Click cells to compare fundamentals

About Optical Cable Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Optical Cable income statement, its balance sheet, and the statement of cash flows. Optical Cable investors use historical funamental indicators, such as Optical Cable's Total Assets, to determine how well the company is positioned to perform in the future. Although Optical Cable investors may use each financial statement separately, they are all related. The changes in Optical Cable's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Optical Cable's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Optical Cable Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Optical Cable. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Assets50.5 M44.8 M
Intangibles To Total Assets 0.01  0.03 

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When determining whether Optical Cable offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Optical Cable'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 Optical Cable Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Optical Cable Stock:
Check out the analysis of Optical Cable Correlation against competitors.
For information on how to trade Optical Stock refer to our How to Trade Optical Stock guide.
Note that the Optical Cable information on this page should be used as a complementary analysis to other Optical Cable's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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When running Optical Cable's price analysis, check to measure Optical Cable'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 Optical Cable is operating at the current time. Most of Optical Cable's value examination focuses on studying past and present price action to predict the probability of Optical Cable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Optical Cable's price. Additionally, you may evaluate how the addition of Optical Cable to your portfolios can decrease your overall portfolio volatility.
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Is Optical Cable'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 Optical Cable. If investors know Optical 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 Optical Cable listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.02)
Revenue Per Share
8.763
Quarterly Revenue Growth
(0.19)
Return On Assets
(0.02)
Return On Equity
(0.01)
The market value of Optical Cable is measured differently than its book value, which is the value of Optical that is recorded on the company's balance sheet. Investors also form their own opinion of Optical Cable's value that differs from its market value or its book value, called intrinsic value, which is Optical Cable'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 Optical Cable's market value can be influenced by many factors that don't directly affect Optical Cable'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 Optical Cable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Optical Cable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Optical Cable'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.