Oceanpal Current Deferred Revenue vs Non Current Assets Total Analysis
OP Stock | USD 2.12 0.10 4.50% |
Oceanpal financial indicator trend analysis is much more than just breaking down Oceanpal prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oceanpal is a good investment. Please check the relationship between Oceanpal Current Deferred Revenue and its Non Current Assets Total accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oceanpal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Oceanpal Stock, please use our How to Invest in Oceanpal guide.
Current Deferred Revenue vs Non Current Assets Total
Current Deferred Revenue vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oceanpal Current Deferred Revenue account and Non Current Assets Total. At this time, the significance of the direction appears to have totally related.
The correlation between Oceanpal's Current Deferred Revenue and Non Current Assets Total is 0.99. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Oceanpal, assuming nothing else is changed. The correlation between historical values of Oceanpal's Current Deferred Revenue and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Oceanpal are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Current Deferred Revenue i.e., Oceanpal's Current Deferred Revenue and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most indicators from Oceanpal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oceanpal 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 Oceanpal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Oceanpal Stock, please use our How to Invest in Oceanpal guide.As of 06/08/2024, Selling General Administrative is likely to grow to about 5.5 M, while Issuance Of Capital Stock is likely to drop slightly above 12.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 792K | 8.9M | 16.9M | 17.8M | Cost Of Revenue | 408K | 10.6M | 9.6M | 8.2M |
Oceanpal fundamental ratios Correlations
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Oceanpal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Oceanpal's price analysis, check to measure Oceanpal'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 Oceanpal is operating at the current time. Most of Oceanpal's value examination focuses on studying past and present price action to predict the probability of Oceanpal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oceanpal's price. Additionally, you may evaluate how the addition of Oceanpal to your portfolios can decrease your overall portfolio volatility.