Olink Non Current Liabilities Total vs Cash And Short Term Investments Analysis
| OLK Stock | USD 24.57 0.17 0.70% |
Olink Holding financial indicator trend analysis is much more than just breaking down Olink Holding AB prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Olink Holding AB is a good investment. Please check the relationship between Olink Holding Non Current Liabilities Total and its Cash And Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Olink Holding AB. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Non Current Liabilities Total vs Cash And Short Term Investments
Non Current Liabilities Total vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Olink Holding AB Non Current Liabilities Total account and Cash And Short Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Olink Holding's Non Current Liabilities Total and Cash And Short Term Investments is -0.94. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Olink Holding AB, assuming nothing else is changed. The correlation between historical values of Olink Holding's Non Current Liabilities Total and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Olink Holding AB are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Non Current Liabilities Total i.e., Olink Holding's Non Current Liabilities Total and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.94 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Non Current Liabilities Total
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Olink Holding AB balance sheet. This account contains Olink Holding investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Olink Holding AB fairly quickly. 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.Most indicators from Olink Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Olink Holding AB 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 Olink Holding AB. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. Tax Provision is expected to rise to about (7.9 M) this year. The value of Selling General Administrative is expected to slide to about 55.9 M
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.0M | 531K | 858K | 815.1K | Depreciation And Amortization | 14.1M | 19.0M | 19.0M | 16.0M |
Olink Holding fundamental ratios Correlations
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Olink Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Information and Resources on Investing in Olink Stock
When determining whether Olink Holding AB 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 Olink 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 Olink Holding Ab Stock. Highlighted below are key reports to facilitate an investment decision about Olink Holding Ab Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Olink Holding AB. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Life Sciences Tools & Services space 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 Olink Holding. If investors know Olink 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 Olink Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.27) | Revenue Per Share 1.374 | Quarterly Revenue Growth 0.047 | Return On Assets (0.07) | Return On Equity (0.07) |
The market value of Olink Holding AB is measured differently than its book value, which is the value of Olink that is recorded on the company's balance sheet. Investors also form their own opinion of Olink Holding's value that differs from its market value or its book value, called intrinsic value, which is Olink Holding'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 Olink Holding's market value can be influenced by many factors that don't directly affect Olink Holding'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 Olink Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Olink Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Olink Holding'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.