Oblong Long Term Debt vs Total Stockholder Equity Analysis

OBLG Stock  USD 0.12  0.01  9.09%   
Oblong financial indicator trend analysis is much more than just breaking down Oblong Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oblong Inc is a good investment. Please check the relationship between Oblong Long Term Debt and its Total Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oblong 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 bureau of economic analysis.

Long Term Debt vs Total Stockholder Equity

Long Term Debt vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oblong Inc Long Term Debt account and Total Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Oblong's Long Term Debt and Total Stockholder Equity is -0.33. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Oblong Inc, assuming nothing else is changed. The correlation between historical values of Oblong's Long Term Debt and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Oblong Inc are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Long Term Debt i.e., Oblong's Long Term Debt and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Debt

Long-term debt is a debt that Oblong Inc has held for over one year. Long-term debt appears on Oblong Inc balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Oblong Inc balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Oblong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oblong 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 Oblong 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 bureau of economic analysis.
At this time, Oblong's Tax Provision is most likely to decrease significantly in the upcoming years. The Oblong's current Issuance Of Capital Stock is estimated to increase to about 5.7 M, while Selling General Administrative is projected to decrease to roughly 4.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit2.7M1.5M566K537.7K
Total Revenue7.7M5.5M3.8M3.6M

Oblong fundamental ratios Correlations

0.660.550.80.60.43-0.220.290.40.980.250.68-0.40.560.260.450.710.520.660.560.530.410.270.790.0-0.11
0.660.560.20.760.73-0.310.55-0.10.71-0.160.83-0.280.78-0.110.160.870.740.230.750.640.410.210.450.30.18
0.550.560.20.580.63-0.050.17-0.140.63-0.240.48-0.420.210.390.390.680.530.070.570.240.170.90.450.16-0.05
0.80.20.20.18-0.19-0.35-0.070.780.670.70.22-0.070.070.360.430.160.110.90.030.160.460.050.75-0.32-0.27
0.60.760.580.180.690.040.61-0.230.68-0.350.8-0.570.62-0.090.120.760.940.050.630.510.10.250.630.310.05
0.430.730.63-0.190.690.210.53-0.590.6-0.670.77-0.580.8-0.060.10.920.65-0.30.890.58-0.090.420.150.530.26
-0.22-0.31-0.05-0.350.040.210.41-0.53-0.09-0.590.08-0.490.06-0.2-0.150.02-0.05-0.570.020.13-0.93-0.03-0.050.17-0.04
0.290.550.17-0.070.610.530.41-0.370.38-0.430.72-0.40.61-0.530.040.550.57-0.130.40.85-0.34-0.170.350.220.03
0.4-0.1-0.140.78-0.23-0.59-0.53-0.370.210.92-0.250.35-0.250.30.32-0.26-0.250.84-0.38-0.150.59-0.160.37-0.5-0.29
0.980.710.630.670.680.6-0.090.380.210.040.78-0.540.650.250.430.820.60.480.690.590.30.340.750.15-0.04
0.25-0.16-0.240.7-0.35-0.67-0.59-0.430.920.04-0.380.61-0.320.170.2-0.36-0.380.87-0.48-0.220.52-0.220.24-0.59-0.28
0.680.830.480.220.80.770.080.72-0.250.78-0.38-0.610.81-0.210.210.860.740.080.750.780.080.120.570.360.08
-0.4-0.28-0.42-0.07-0.57-0.58-0.49-0.40.35-0.540.61-0.61-0.38-0.27-0.26-0.5-0.550.31-0.55-0.320.22-0.3-0.36-0.57-0.23
0.560.780.210.070.620.80.060.61-0.250.65-0.320.81-0.38-0.30.030.860.580.050.780.740.06-0.110.250.360.22
0.26-0.110.390.36-0.09-0.06-0.2-0.530.30.250.17-0.21-0.27-0.30.49-0.03-0.120.150.16-0.40.340.570.020.30.33
0.450.160.390.430.120.1-0.150.040.320.430.20.21-0.260.030.490.220.020.320.250.230.290.40.170.290.35
0.710.870.680.160.760.920.020.55-0.260.82-0.360.86-0.50.86-0.030.220.710.070.880.680.130.380.420.350.13
0.520.740.530.110.940.65-0.050.57-0.250.6-0.380.74-0.550.58-0.120.020.710.00.560.480.180.210.570.22-0.02
0.660.230.070.90.05-0.3-0.57-0.130.840.480.870.080.310.050.150.320.070.0-0.110.120.56-0.080.6-0.5-0.3
0.560.750.570.030.630.890.020.4-0.380.69-0.480.75-0.550.780.160.250.880.56-0.110.550.140.390.210.590.39
0.530.640.240.160.510.580.130.85-0.150.59-0.220.78-0.320.74-0.40.230.680.480.120.55-0.05-0.090.370.160.04
0.410.410.170.460.1-0.09-0.93-0.340.590.30.520.080.220.060.340.290.130.180.560.14-0.050.110.19-0.040.08
0.270.210.90.050.250.42-0.03-0.17-0.160.34-0.220.12-0.3-0.110.570.40.380.21-0.080.39-0.090.110.150.160.02
0.790.450.450.750.630.15-0.050.350.370.750.240.57-0.360.250.020.170.420.570.60.210.370.190.15-0.31-0.5
0.00.30.16-0.320.310.530.170.22-0.50.15-0.590.36-0.570.360.30.290.350.22-0.50.590.16-0.040.16-0.310.88
-0.110.18-0.05-0.270.050.26-0.040.03-0.29-0.04-0.280.08-0.230.220.330.350.13-0.02-0.30.390.040.080.02-0.50.88
Click cells to compare fundamentals

Oblong Account Relationship Matchups

Oblong fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets34.9M29.1M28.6M5.7M6.9M6.6M
Other Current Liab1.8M1.2M959K946K1.0M986.1K
Total Current Liabilities8.3M5.6M2.5M1.9M1.4M1.3M
Total Stockholder Equity21.8M22.1M25.5M3.6M5.5M9.1M
Property Plant And Equipment Net4.4M1.5M818K145K17K16.2K
Net Debt4.3M(1.2M)(8.2M)(2.8M)(5.5M)(5.2M)
Retained Earnings(185.4M)(192.9M)(201.9M)(223.8M)(228.2M)(216.8M)
Accounts Payable647K313K259K184K211K200.5K
Cash4.5M5.1M8.9M3.1M5.5M2.8M
Non Current Assets Total25.0M19.2M15.9M789K29.0K27.5K
Cash And Short Term Investments4.5M5.1M8.9M3.1M6.0M6.3M
Net Receivables2.5M3.2M849K731K424K402.8K
Common Stock Shares Outstanding340.5K369.8K1.8M2.1M5.6M5.9M
Liabilities And Stockholders Equity34.9M29.1M28.6M5.7M6.9M6.6M
Non Current Liabilities Total4.9M1.5M617K131K26K24.7K
Inventory1.8M920K1.8M723K239K227.1K
Other Current Assets209K691K1.1M90K243K230.9K
Total Liab13.1M7.1M3.1M2.0M1.4M1.4M
Property Plant And Equipment Gross4.4M1.5M818K2.3M17K16.2K
Total Current Assets9.9M10.0M12.8M4.9M6.9M9.2M
Non Currrent Assets Other71K167K109K40K12.0K11.4K
Other Stockholder Equity207.2M214.9M227.4M227.5M233.7M162.9M
Short Term Debt4.0M2.8M492K219K17K16.2K
Intangible Assets12.6M10.1M7.6M604K543.6K516.4K
Current Deferred Revenue1.9M1.2M783K564K132K125.4K
Net Tangible Assets1.3M4.6M10.6M3.0M3.5M3.6M
Capital Surpluse183.1M185.0M207.4M215.1M247.4M201.5M
Property Plant Equipment1.3M1.5M818K145K130.5K124.0K
Long Term Debt369K4.6M2.8M403K362.7K344.6K
Other Assets71K1.1M109K40K1.00.95
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 Oblong 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, Oblong's short interest history, or implied volatility extrapolated from Oblong options trading.

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When determining whether Oblong Inc is a strong investment it is important to analyze Oblong'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 Oblong's future performance. For an informed investment choice regarding Oblong Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oblong 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 bureau of economic analysis.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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Is Oblong'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 Oblong. If investors know Oblong 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 Oblong 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
(0.46)
Earnings Share
(0.98)
Revenue Per Share
0.681
Quarterly Revenue Growth
(0.34)
Return On Assets
(0.46)
The market value of Oblong Inc is measured differently than its book value, which is the value of Oblong that is recorded on the company's balance sheet. Investors also form their own opinion of Oblong's value that differs from its market value or its book value, called intrinsic value, which is Oblong'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 Oblong's market value can be influenced by many factors that don't directly affect Oblong'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 Oblong's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oblong is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oblong'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.