Ocean Financial Statements From 2010 to 2024

OPTT Stock  USD 0.20  0.01  4.76%   
Ocean Power financial statements provide useful quarterly and yearly information to potential Ocean Power Technologies investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Ocean Power financial statements helps investors assess Ocean Power's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Ocean Power's valuation are summarized below:
Gross Profit
-101 K
Market Capitalization
11.6 M
Enterprise Value Revenue
1.5689
Revenue
4.9 M
Earnings Share
(0.52)
There are currently one hundred twenty trending fundamental ratios for Ocean Power Technologies that can be evaluated and compared over time across competitors. All traders should check out Ocean Power's recent fundamentals against the performance from 2010 to 2024 and make sure the trends continue to evolve in the right direction. Enterprise Value is likely to gain to about 22.3 M in 2024, whereas Market Cap is likely to drop slightly above 20.3 M in 2024.

Ocean Power Total Revenue

2.38 Million

Check Ocean Power financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ocean main balance sheet or income statement drivers, such as Depreciation And Amortization of 394.1 K, Total Revenue of 2.4 M or Gross Profit of 285 K, as well as many exotic indicators such as Price To Sales Ratio of 11.44, Dividend Yield of 0.0473 or PTB Ratio of 0.71. Ocean financial statements analysis is a perfect complement when working with Ocean Power Valuation or Volatility modules.
  
This module can also supplement Ocean Power's financial leverage analysis and stock options assessment as well as various Ocean Power Technical models . Check out the analysis of Ocean Power Correlation against competitors.

Ocean Power Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets36.6 M48 M32.4 M
Slightly volatile
Short and Long Term Debt Total2.2 M2.1 M904.9 K
Slightly volatile
Total Stockholder Equity32.3 M39.6 M27 M
Slightly volatile
Other Assets187.2 K197.1 K675.8 K
Slightly volatile
Common Stock Shares Outstanding67.6 M64.4 M18.8 M
Slightly volatile
Liabilities And Stockholders Equity36.6 M48 M32.4 M
Slightly volatile
Non Current Liabilities Total1.8 M1.7 M871.6 K
Slightly volatile
Other Stockholder Equity191.8 M372.6 M218 M
Slightly volatile
Total LiabilitiesM10.8 M5.7 M
Pretty Stable
Other Current Liabilities3.2 M5.8 M3.1 M
Very volatile
Total Current Liabilities3.9 M7.1 M4.7 M
Very volatile
Property Plant And Equipment Net3.7 M3.5 M1.2 M
Slightly volatile
Current Deferred Revenue1.7 M1.6 M808.5 K
Pretty Stable
Accounts Payable606 K856.8 K564.6 K
Slightly volatile
Cash5.9 M6.2 M14.9 M
Very volatile
Non Current Assets Total14.8 M14.1 M5.1 M
Slightly volatile
Non Currrent Assets Other132.5 K139.5 K478.2 K
Slightly volatile
Cash And Short Term Investments29.9 M31.2 M28.4 M
Pretty Stable
Net Receivables832.8 K807.3 K805.7 K
Pretty Stable
Common Stock Total Equity67.6 K64.4 K26.8 K
Slightly volatile
Short Term Investments26.3 M25 M13.7 M
Pretty Stable
Other Current Assets491.1 K894.6 K532 K
Slightly volatile
Property Plant And Equipment Gross3.7 M3.5 M1.2 M
Slightly volatile
Total Current Assets31.7 M33.9 M30.6 M
Pretty Stable
Short Term Debt571.3 K476.1 K495.7 K
Very volatile
Common Stock67.6 K64.4 K26.8 K
Slightly volatile
Other Liabilities988.5 K941.4 K641.9 K
Pretty Stable
Property Plant Equipment738.9 K1.5 M725.7 K
Slightly volatile
Net Tangible Assets27.9 M36.2 M26.6 M
Slightly volatile
Long Term Debt Total107.7 K58.5 K118.9 K
Slightly volatile
Capital Surpluse235.9 M373.1 M230.1 M
Slightly volatile
Short and Long Term Debt419 K399.1 K252.8 K
Slightly volatile
Net Invested Capital37.1 M50.5 M23.8 M
Slightly volatile
Net Working Capital32.3 M34.2 M20.2 M
Slightly volatile
Capital Stock40 K64.4 K21.8 K
Slightly volatile
Non Current Liabilities Other1.2 M1.5 M1.1 M
Slightly volatile

Ocean Power Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue2.4 M2.5 M2.2 M
Slightly volatile
Other Operating Expenses18.6 M35.5 M17.9 M
Slightly volatile
Research Development6.9 M11 M6.1 M
Slightly volatile
Cost Of Revenue2.6 M2.2 M2.3 M
Slightly volatile
Total Operating Expenses34.2 M32.6 M16.8 M
Slightly volatile
Selling General Administrative35.6 M33.9 M13.1 M
Slightly volatile
Non Recurring1.3 M1.4 M1.2 M
Slightly volatile
Interest Income852.4 K811.8 K360.4 K
Slightly volatile
Net Interest Income1.1 MM247.6 K
Slightly volatile
Reconciled Depreciation769.2 K732.5 K310.8 K
Slightly volatile

Ocean Power Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow7.1 M7.5 M16.9 M
Very volatile
Depreciation386 K732.5 K401.2 K
Pretty Stable
Capital Expenditures963 K917.1 K379.6 K
Slightly volatile
End Period Cash Flow6.1 M6.4 M15.2 M
Very volatile
Stock Based Compensation758.8 K1.3 M812.9 K
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio11.4412.0428.4293
Slightly volatile
Dividend Yield0.04730.06650.0401
Slightly volatile
PTB Ratio0.710.7573.9005
Slightly volatile
Days Sales Outstanding154108207
Very volatile
Book Value Per Share0.860.9118
Slightly volatile
Invested Capital0.05970.04810.0705
Slightly volatile
Average Payables396.3 K417.2 K481.3 K
Slightly volatile
Stock Based Compensation To Revenue0.370.480.4932
Pretty Stable
PB Ratio0.710.7573.9005
Slightly volatile
Inventory Turnover3.972.752.9053
Slightly volatile
Days Of Inventory On Hand289176502
Slightly volatile
Payables Turnover5.633.025.1223
Slightly volatile
Sales General And Administrative To Revenue12.9212.319.2534
Slightly volatile
Average Inventory346.1 K364.3 K1.3 M
Slightly volatile
Research And Ddevelopement To Revenue2.754.914.3344
Slightly volatile
Cash Per Share0.680.71223
Slightly volatile
Capex To Operating Cash Flow0.04610.0540.0421
Slightly volatile
Days Payables Outstanding83.58125109
Slightly volatile
Income Quality1.20.951.1834
Slightly volatile
Intangibles To Total Assets0.220.210.0643
Slightly volatile
Current Ratio9.635.487.5531
Pretty Stable
Tangible Book Value Per Share0.610.65113
Slightly volatile
Receivables Turnover4.823.54.7013
Pretty Stable
Graham Number3.153.31438
Slightly volatile
Shareholders Equity Per Share0.860.9118
Slightly volatile
Debt To Equity0.05970.04810.0705
Slightly volatile
Average Receivables794.2 K1.3 M1.1 M
Slightly volatile
Revenue Per Share0.05330.056129.0648
Slightly volatile
Debt To Assets0.02290.0310.0321
Very volatile
Operating Cycle264245399
Pretty Stable
Price Book Value Ratio0.710.7573.9005
Slightly volatile
Days Of Payables Outstanding83.58125109
Slightly volatile
Ebt Per Ebit0.760.820.952
Slightly volatile
Company Equity Multiplier1.661.41.7307
Slightly volatile
Long Term Debt To Capitalization0.03330.0290.0525
Slightly volatile
Total Debt To Capitalization0.04840.04620.0559
Pretty Stable
Debt Equity Ratio0.05970.04810.0705
Slightly volatile
Quick Ratio9.365.177.2685
Pretty Stable
Net Income Per E B T0.750.890.909
Very volatile
Cash Ratio0.951.03.7584
Very volatile
Cash Conversion Cycle181120290
Pretty Stable
Days Of Inventory Outstanding289176502
Slightly volatile
Days Of Sales Outstanding154108207
Very volatile
Free Cash Flow Operating Cash Flow Ratio1.141.21.058
Very volatile
Price To Book Ratio0.710.7573.9005
Slightly volatile
Fixed Asset Turnover0.981.044.13
Slightly volatile
Capital Expenditure Coverage Ratio18.2119.17133
Pretty Stable
Debt Ratio0.02290.0310.0321
Very volatile
Price Sales Ratio11.4412.0428.4293
Slightly volatile
Asset Turnover0.05590.05890.1328
Slightly volatile
Price Fair Value0.710.7573.9005
Slightly volatile

Ocean Power Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap20.3 M25.7 M16.3 M
Slightly volatile

Ocean Fundamental Market Drivers

Cash And Short Term Investments34.7 M

Ocean Upcoming Events

11th of March 2024
Upcoming Quarterly Report
View
31st of January 2024
Next Fiscal Quarter End
View

About Ocean Power Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Ocean Power income statement, its balance sheet, and the statement of cash flows. Ocean Power investors use historical funamental indicators, such as Ocean Power's revenue or net income, to determine how well the company is positioned to perform in the future. Although Ocean Power investors may use each financial statement separately, they are all related. The changes in Ocean Power's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ocean Power'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 Ocean Power Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Ocean Power. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue1.6 M1.7 M
Total Revenue2.5 M2.4 M
Cost Of Revenue2.2 M2.6 M
Stock Based Compensation To Revenue 0.48  0.37 
Sales General And Administrative To Revenue 12.31  12.92 
Research And Ddevelopement To Revenue 4.91  2.75 
Capex To Revenue(0.43)(0.41)
Revenue Per Share 0.06  0.05 
Ebit Per Revenue(12.30)(12.91)
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 Ocean Power 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, Ocean Power's short interest history, or implied volatility extrapolated from Ocean Power options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Ocean Power Technologies is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Ocean Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ocean Power Technologies Stock. Highlighted below are key reports to facilitate an investment decision about Ocean Power Technologies Stock:
Check out the analysis of Ocean Power Correlation against competitors.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for Ocean Stock analysis

When running Ocean Power's price analysis, check to measure Ocean Power'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 Ocean Power is operating at the current time. Most of Ocean Power's value examination focuses on studying past and present price action to predict the probability of Ocean Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ocean Power's price. Additionally, you may evaluate how the addition of Ocean Power to your portfolios can decrease your overall portfolio volatility.
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Money Managers
Screen money managers from public funds and ETFs managed around the world
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Is Ocean Power'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 Ocean Power. If investors know Ocean 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 Ocean Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.52)
Revenue Per Share
0.085
Quarterly Revenue Growth
1.441
Return On Assets
(0.42)
Return On Equity
(0.77)
The market value of Ocean Power Technologies is measured differently than its book value, which is the value of Ocean that is recorded on the company's balance sheet. Investors also form their own opinion of Ocean Power's value that differs from its market value or its book value, called intrinsic value, which is Ocean Power'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 Ocean Power's market value can be influenced by many factors that don't directly affect Ocean Power'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 Ocean Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ocean Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ocean Power'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.