Odyssey Gross Profit vs Current Ratio Analysis

OMEX Stock

USD 3.79 0.06 1.56%

Odyssey Marine financial indicator trend analysis is much more than just breaking down Odyssey Marine Explo prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Odyssey Marine Explo is a good investment. Please check the relationship between Odyssey Marine Gross Profit and its Current Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Odyssey Marine Exploration. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Gross Profit vs Current Ratio

Gross Profit vs Current Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Odyssey Marine Explo Gross Profit account and Current Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Odyssey Marine's Gross Profit and Current Ratio is -0.13. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Current Ratio in the same time period over historical financial statements of Odyssey Marine Exploration, assuming nothing else is changed. The correlation between historical values of Odyssey Marine's Gross Profit and Current Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Odyssey Marine Exploration are associated (or correlated) with its Current Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Ratio has no effect on the direction of Gross Profit i.e., Odyssey Marine's Gross Profit and Current Ratio go up and down completely randomly.

Correlation Coefficient

-0.13

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Odyssey Marine Exploration minus its cost of goods sold. It is profit before Odyssey Marine operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities.

Most indicators from Odyssey Marine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Odyssey Marine Explo 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 Odyssey Marine Exploration. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

At this time, Odyssey Marine's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 19.9 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 1.89 in 2024.

	2023	2024 (projected)
Cost Of Revenue	11.4M	8.5M
Research Development	4.2M	4.0M

Cost Of Revenue Research Development

Odyssey Marine fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Net Debt	Cash	Cash And Short Term Investments	Short Long Term Debt Total	Other Current Liab	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Short Term Investments	Other Stockholder Equity	Property Plant And Equipment Gross	Short Term Debt	Other Liab	Other Assets
Total Assets		-0.04	0.6	0.08	0.23	-0.1	-0.01	0.2	0.0	0.03	0.97	-0.11	-0.34	0.9	0.9	-0.07	0.02	0.94	0.92	0.83	0.8	0.04	0.73	-0.25	0.37	-0.49
Total Current Liabilities	-0.04		-0.73	-0.79	0.15	-0.63	0.94	0.78	0.77	0.98	-0.13	-0.59	0.91	-0.19	-0.19	0.97	0.92	-0.18	0.11	-0.45	-0.18	0.87	0.3	0.59	-0.09	-0.45
Total Stockholder Equity	0.6	-0.73		0.69	0.0	0.54	-0.64	-0.43	-0.62	-0.68	0.69	0.51	-0.81	0.65	0.65	-0.69	-0.62	0.61	0.38	0.69	0.74	-0.6	0.19	-0.61	0.06	0.06
Retained Earnings	0.08	-0.79	0.69		-0.35	0.91	-0.76	-0.59	-0.44	-0.77	0.14	0.9	-0.8	0.19	0.19	-0.84	-0.58	0.19	-0.01	0.36	0.16	-0.93	-0.17	-0.77	-0.19	0.18
Accounts Payable	0.23	0.15	0.0	-0.35		-0.34	0.08	0.01	-0.04	0.12	0.2	-0.36	0.14	0.06	0.06	0.18	-0.08	0.18	0.25	0.22	0.21	0.29	0.11	0.4	0.1	-0.31
Common Stock Total Equity	-0.1	-0.63	0.54	0.91	-0.34		-0.59	-0.47	-0.38	-0.61	-0.05	1.0	-0.57	-0.03	-0.03	-0.64	-0.4	-0.05	-0.16	0.08	0.06	-0.85	-0.2	-0.67	-0.5	0.12
Common Stock Shares Outstanding	-0.01	0.94	-0.64	-0.76	0.08	-0.59		0.91	0.68	0.98	-0.13	-0.55	0.92	-0.24	-0.24	0.95	0.94	-0.1	0.18	-0.42	-0.17	0.9	0.43	0.41	-0.05	-0.37
Non Current Liabilities Total	0.2	0.78	-0.43	-0.59	0.01	-0.47	0.91		0.6	0.89	0.03	-0.42	0.75	-0.1	-0.1	0.81	0.9	0.16	0.45	-0.14	-0.1	0.77	0.62	0.11	0.07	-0.47
Other Current Assets	0.0	0.77	-0.62	-0.44	-0.04	-0.38	0.68	0.6		0.76	-0.13	-0.35	0.6	-0.11	-0.11	0.64	0.79	-0.07	0.19	-0.21	-0.3	0.51	0.31	0.3	0.13	-0.67
Total Liab	0.03	0.98	-0.68	-0.77	0.12	-0.61	0.98	0.89	0.76		-0.09	-0.57	0.91	-0.17	-0.17	0.97	0.95	-0.08	0.22	-0.37	-0.16	0.88	0.41	0.48	-0.05	-0.48
Total Current Assets	0.97	-0.13	0.69	0.14	0.2	-0.05	-0.13	0.03	-0.13	-0.09		-0.06	-0.42	0.96	0.96	-0.15	-0.13	0.87	0.79	0.79	0.9	-0.03	0.57	-0.2	0.29	-0.37
Common Stock	-0.11	-0.59	0.51	0.9	-0.36	1.0	-0.55	-0.42	-0.35	-0.57	-0.06		-0.53	-0.04	-0.04	-0.6	-0.35	-0.06	-0.15	0.05	0.04	-0.82	-0.18	-0.66	-0.53	0.1
Net Debt	-0.34	0.91	-0.81	-0.8	0.14	-0.57	0.92	0.75	0.6	0.91	-0.42	-0.53		-0.51	-0.51	0.96	0.83	-0.45	-0.15	-0.66	-0.4	0.86	0.08	0.59	-0.22	-0.24
Cash	0.9	-0.19	0.65	0.19	0.06	-0.03	-0.24	-0.1	-0.11	-0.17	0.96	-0.04	-0.51		1.0	-0.24	-0.2	0.8	0.7	0.75	0.87	-0.14	0.48	-0.14	0.35	-0.32
Cash And Short Term Investments	0.9	-0.19	0.65	0.19	0.06	-0.03	-0.24	-0.1	-0.11	-0.17	0.96	-0.04	-0.51	1.0		-0.24	-0.2	0.8	0.7	0.75	0.87	-0.14	0.48	-0.14	0.35	-0.32
Short Long Term Debt Total	-0.07	0.97	-0.69	-0.84	0.18	-0.64	0.95	0.81	0.64	0.97	-0.15	-0.6	0.96	-0.24	-0.24		0.87	-0.23	0.06	-0.49	-0.16	0.92	0.26	0.62	-0.14	-0.38
Other Current Liab	0.02	0.92	-0.62	-0.58	-0.08	-0.4	0.94	0.9	0.79	0.95	-0.13	-0.35	0.83	-0.2	-0.2	0.87		-0.06	0.24	-0.37	-0.21	0.73	0.48	0.26	-0.14	-0.47
Property Plant And Equipment Net	0.94	-0.18	0.61	0.19	0.18	-0.05	-0.1	0.16	-0.07	-0.08	0.87	-0.06	-0.45	0.8	0.8	-0.23	-0.06		0.93	0.9	0.66	-0.07	0.73	-0.46	0.47	-0.35
Non Current Assets Total	0.92	0.11	0.38	-0.01	0.25	-0.16	0.18	0.45	0.19	0.22	0.79	-0.15	-0.15	0.7	0.7	0.06	0.24	0.93		0.78	0.56	0.15	0.86	-0.31	0.43	-0.6
Non Currrent Assets Other	0.83	-0.45	0.69	0.36	0.22	0.08	-0.42	-0.14	-0.21	-0.37	0.79	0.05	-0.66	0.75	0.75	-0.49	-0.37	0.9	0.78		0.55	-0.32	0.49	-0.47	0.53	-0.31
Short Term Investments	0.8	-0.18	0.74	0.16	0.21	0.06	-0.17	-0.1	-0.3	-0.16	0.9	0.04	-0.4	0.87	0.87	-0.16	-0.21	0.66	0.56	0.55		-0.07	0.44	-0.1	0.08	-0.18
Other Stockholder Equity	0.04	0.87	-0.6	-0.93	0.29	-0.85	0.9	0.77	0.51	0.88	-0.03	-0.82	0.86	-0.14	-0.14	0.92	0.73	-0.07	0.15	-0.32	-0.07		0.31	0.62	0.12	-0.25
Property Plant And Equipment Gross	0.73	0.3	0.19	-0.17	0.11	-0.2	0.43	0.62	0.31	0.41	0.57	-0.18	0.08	0.48	0.48	0.26	0.48	0.73	0.86	0.49	0.44	0.31		-0.22	0.3	-0.51
Short Term Debt	-0.25	0.59	-0.61	-0.77	0.4	-0.67	0.41	0.11	0.3	0.48	-0.2	-0.66	0.59	-0.14	-0.14	0.62	0.26	-0.46	-0.31	-0.47	-0.1	0.62	-0.22		-0.02	-0.09
Other Liab	0.37	-0.09	0.06	-0.19	0.1	-0.5	-0.05	0.07	0.13	-0.05	0.29	-0.53	-0.22	0.35	0.35	-0.14	-0.14	0.47	0.43	0.53	0.08	0.12	0.3	-0.02		-0.1
Other Assets	-0.49	-0.45	0.06	0.18	-0.31	0.12	-0.37	-0.47	-0.67	-0.48	-0.37	0.1	-0.24	-0.32	-0.32	-0.38	-0.47	-0.35	-0.6	-0.31	-0.18	-0.25	-0.51	-0.09	-0.1

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Odyssey Marine Account Relationship Matchups

Odyssey Marine fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.3M	11.8M	8.9M	13.3M	15.3M	15.9M
Total Current Liabilities	51.2M	53.9M	52.6M	64.7M	74.4M	78.1M
Total Stockholder Equity	(29.3M)	(27.6M)	(26.0M)	(32.3M)	(29.1M)	(27.7M)
Retained Earnings	(250.3M)	(265.1M)	(275.1M)	(298.2M)	(268.4M)	(255.0M)
Accounts Payable	6.2M	1.5M	1.8M	2.3M	2.6M	1.5M
Common Stock Total Equity	847.0	922.0	948.0	1.26	1.13	1.08
Common Stock Shares Outstanding	9.3M	10.5M	13.3M	17.3M	19.9M	20.9M
Liabilities And Stockholders Equity	5.3M	11.8M	8.9M	13.3M	15.3M	15.9M
Non Current Liabilities Total	7.4M	15.8M	18.8M	25.1M	28.9M	30.4M
Other Current Assets	589.8K	587.4K	776.6K	947.4K	1.1M	1.1M
Total Liab	58.6M	69.7M	71.4M	89.8M	103.3M	108.5M
Total Current Assets	1.2M	6.9M	3.3M	4.0M	4.6M	7.1M
Common Stock	948.0	1.3K	1.4K	2.0K	1.8K	1.7K
Net Debt	34.9M	37.1M	40.1M	45.6M	52.5M	55.1M
Cash	213.4K	6.2M	2.3M	1.4M	1.7M	1.6M
Cash And Short Term Investments	213.4K	6.2M	2.3M	1.4M	1.7M	1.6M
Short Long Term Debt Total	35.1M	43.2M	42.4M	47.1M	54.1M	56.8M
Other Current Liab	13.0M	21.2M	27.2M	40.5M	46.6M	48.9M
Property Plant And Equipment Net	756.8K	614.8K	479.1K	3.0M	2.7M	3.4M
Non Current Assets Total	4.1M	4.8M	5.6M	9.3M	10.7M	9.4M
Non Currrent Assets Other	870.6K	26.8K	41.8K	34.3K	30.9K	29.3K
Other Stockholder Equity	221.0M	237.5M	249.1M	265.9M	305.8M	321.1M
Property Plant And Equipment Gross	756.8K	614.76	6.1M	8.4M	9.7M	5.1M
Short Term Debt	31.6M	31.2M	23.6M	21.9M	25.2M	12.7M
Property Plant Equipment	118.0K	756.8K	614.8K	479.1K	431.2K	409.7K
Net Receivables	421.6K	160.3K	268.9K	1.6M	1.4M	1.0M
Net Tangible Assets	(21.9M)	(29.3M)	(29.4M)	(27.9M)	(25.1M)	(26.3M)
Noncontrolling Interest In Consolidated Entity	(15.4M)	(19.3M)	(24.0M)	(30.3M)	(27.3M)	(25.9M)
Retained Earnings Total Equity	(234.7M)	(239.9M)	(250.3M)	(265.1M)	(238.6M)	(250.6M)
Capital Surpluse	212.1M	218.0M	221.0M	237.5M	273.1M	217.2M

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 Odyssey Marine 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, Odyssey Marine's short interest history, or implied volatility extrapolated from Odyssey Marine options trading.

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When determining whether Odyssey Marine Explo offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Odyssey Marine'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 Odyssey Marine Exploration Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Odyssey Marine Exploration Stock:

How To Invest In Odyssey

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Is Odyssey Stock a good investment?

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What is Odyssey Marine's Net Worth?

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Largest Commercial Services & Supplies Companies

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Largest Commercial & Professional Services Companies

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Odyssey Marine Exploration. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Note that the Odyssey Marine Explo information on this page should be used as a complementary analysis to other Odyssey Marine'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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for Odyssey Stock analysis

When running Odyssey Marine's price analysis, check to measure Odyssey Marine'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 Odyssey Marine is operating at the current time. Most of Odyssey Marine's value examination focuses on studying past and present price action to predict the probability of Odyssey Marine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Odyssey Marine's price. Additionally, you may evaluate how the addition of Odyssey Marine to your portfolios can decrease your overall portfolio volatility.

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Is Odyssey Marine'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 Odyssey Marine. If investors know Odyssey 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 Odyssey Marine listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

0.06

Revenue Per Share

0.056

Quarterly Revenue Growth

(0.56)

Return On Assets

(0.54)

The market value of Odyssey Marine Explo is measured differently than its book value, which is the value of Odyssey that is recorded on the company's balance sheet. Investors also form their own opinion of Odyssey Marine's value that differs from its market value or its book value, called intrinsic value, which is Odyssey Marine'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 Odyssey Marine's market value can be influenced by many factors that don't directly affect Odyssey Marine'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 Odyssey Marine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Odyssey Marine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Odyssey Marine'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.

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Odyssey Gross Profit vs Current Ratio Analysis

Gross Profit vs Current Ratio

Gross Profit vs Current Ratio Correlation Analysis

Correlation Coefficient

Gross Profit

Current Ratio

Odyssey Marine fundamental ratios Correlations

Odyssey Marine Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Odyssey Marine fundamental ratios Accounts

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

Complementary Tools for Odyssey Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.98	Total Current Liabilities
Total Liab	+ 0.98	Common Stock Shares Outstanding
Total Current Assets	+ 0.97	Total Assets
Short Long Term Debt Total	+ 0.97	Total Current Liabilities

Other Stockholder Equity	- 0.93	Retained Earnings
Other Stockholder Equity	- 0.85	Common Stock Total Equity
Short Long Term Debt Total	- 0.84	Retained Earnings
Other Stockholder Equity	- 0.82	Common Stock
Net Debt	- 0.81	Total Stockholder Equity
Net Debt	- 0.8	Retained Earnings