Olympic Cash And Short Term Investments from 2010 to 2024

ZEUS Stock  USD 53.76  0.25  0.47%   
Olympic Steel Cash And Short Term Investments yearly trend continues to be comparatively stable with very little volatility. Cash And Short Term Investments are likely to outpace its year average in 2024. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
1994-03-31
Previous Quarter
13.2 M
Current Value
10.3 M
Quarterly Volatility
3.5 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Olympic Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Olympic main balance sheet or income statement drivers, such as Depreciation And Amortization of 14.9 M, Interest Expense of 18.8 M or Total Revenue of 1.2 B, as well as many exotic indicators such as Price To Sales Ratio of 0.23, Dividend Yield of 0.0069 or PTB Ratio of 0.95. Olympic financial statements analysis is a perfect complement when working with Olympic Steel Valuation or Volatility modules.
  
This module can also supplement Olympic Steel's financial leverage analysis and stock options assessment as well as various Olympic Steel Technical models . Check out the analysis of Olympic Steel Correlation against competitors.
For more information on how to buy Olympic Stock please use our How to Invest in Olympic Steel guide.

Latest Olympic Steel's Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Olympic Steel over the last few years. Short Term Investments is an account in the current assets section of Olympic Steel balance sheet. This account contains Olympic Steel investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Olympic Steel fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Olympic Steel's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Olympic Steel's overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Olympic Cash And Short Term Investments Regression Statistics

Arithmetic Mean6,529,413
Geometric Mean4,875,221
Coefficient Of Variation67.44
Mean Deviation3,721,108
Median5,742,000
Standard Deviation4,403,320
Sample Variance19.4T
Range13.2M
R-Value0.73
Mean Square Error9.8T
R-Squared0.53
Significance0
Slope717,594
Total Sum of Squares271.4T

Olympic Cash And Short Term Investments History

202413.9 M
202313.2 M
202212.2 M
20219.8 M
20205.5 M
20195.7 M
20189.3 M

About Olympic Steel Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Olympic Steel income statement, its balance sheet, and the statement of cash flows. Olympic Steel investors use historical funamental indicators, such as Olympic Steel's Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although Olympic Steel investors may use each financial statement separately, they are all related. The changes in Olympic Steel's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Olympic Steel'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 Olympic Steel Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Olympic Steel. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash And Short Term Investments13.2 M13.9 M
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 Olympic Steel 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, Olympic Steel's short interest history, or implied volatility extrapolated from Olympic Steel options trading.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Olympic Steel is a strong investment it is important to analyze Olympic Steel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Olympic Steel's future performance. For an informed investment choice regarding Olympic Stock, refer to the following important reports:
Check out the analysis of Olympic Steel Correlation against competitors.
For more information on how to buy Olympic Stock please use our How to Invest in Olympic Steel guide.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for Olympic Stock analysis

When running Olympic Steel's price analysis, check to measure Olympic Steel'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 Olympic Steel is operating at the current time. Most of Olympic Steel's value examination focuses on studying past and present price action to predict the probability of Olympic Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Olympic Steel's price. Additionally, you may evaluate how the addition of Olympic Steel to your portfolios can decrease your overall portfolio volatility.
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Is Olympic Steel'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 Olympic Steel. If investors know Olympic 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 Olympic Steel 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
(0.12)
Dividend Share
0.525
Earnings Share
3.75
Revenue Per Share
182.104
Quarterly Revenue Growth
(0.08)
The market value of Olympic Steel is measured differently than its book value, which is the value of Olympic that is recorded on the company's balance sheet. Investors also form their own opinion of Olympic Steel's value that differs from its market value or its book value, called intrinsic value, which is Olympic Steel'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 Olympic Steel's market value can be influenced by many factors that don't directly affect Olympic Steel'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 Olympic Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Olympic Steel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Olympic Steel'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.