Oceanpal Net Debt vs Total Current Assets Analysis

OP Stock

USD 2.47 0.04 1.59%

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 Net Debt and its Total Current Assets 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 tightly coupled 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.

Net Debt vs Total Current Assets

Net Debt vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oceanpal Net Debt account and Total Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Oceanpal's Net Debt and Total Current Assets is -0.63. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Oceanpal, assuming nothing else is changed. The correlation between historical values of Oceanpal's Net Debt and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Oceanpal are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Debt i.e., Oceanpal's Net Debt and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.63

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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 tightly coupled 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 05/17/2024, 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

Total Operating Expenses Cost Of Revenue

Oceanpal fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.65	0.86	1.0	0.83	0.98	0.97	-0.93	0.86	0.95	0.91	0.99	0.88	-0.15	0.91	0.92	0.75	-0.24	0.94	0.16	0.91	0.86	0.79	1.0	0.98	0.65
Other Current Liab	0.65		0.95	0.64	0.48	0.67	0.78	-0.62	0.45	0.38	0.61	0.67	0.75	0.53	0.61	0.88	0.43	-0.26	0.77	0.22	0.52	0.95	0.73	0.64	0.71	0.28
Total Current Liabilities	0.86	0.95		0.85	0.67	0.86	0.93	-0.81	0.66	0.66	0.8	0.86	0.87	0.28	0.8	0.98	0.61	-0.27	0.92	0.22	0.73	1.0	0.81	0.85	0.89	0.48
Total Stockholder Equity	1.0	0.64	0.85		0.83	0.98	0.97	-0.93	0.87	0.95	0.91	0.98	0.88	-0.16	0.91	0.92	0.75	-0.23	0.94	0.15	0.91	0.85	0.78	1.0	0.98	0.66
Net Tangible Assets	0.83	0.48	0.67	0.83		0.79	0.79	-0.92	0.66	0.86	0.91	0.8	0.9	-0.07	0.91	0.71	0.96	-0.71	0.65	-0.39	0.76	0.67	0.69	0.83	0.9	0.61
Property Plant And Equipment Net	0.98	0.67	0.86	0.98	0.79		0.99	-0.91	0.93	0.92	0.89	1.0	0.87	-0.07	0.89	0.93	0.71	-0.19	0.94	0.15	0.95	0.86	0.87	0.98	0.96	0.5
Current Deferred Revenue	0.97	0.78	0.93	0.97	0.79	0.99		-0.92	0.87	0.87	0.9	0.99	0.92	0.04	0.9	0.98	0.72	-0.25	0.96	0.15	0.91	0.93	0.89	0.97	0.97	0.51
Net Debt	-0.93	-0.62	-0.81	-0.93	-0.92	-0.91	-0.92		-0.82	-0.89	-1.0	-0.91	-0.97	0.16	-1.0	-0.85	-0.92	0.47	-0.86	0.05	-0.9	-0.81	-0.78	-0.93	-0.94	-0.63
Retained Earnings	0.86	0.45	0.66	0.87	0.66	0.93	0.87	-0.82		0.87	0.82	0.92	0.76	-0.21	0.82	0.77	0.63	-0.04	0.82	0.13	0.99	0.66	0.85	0.87	0.81	0.27
Accounts Payable	0.95	0.38	0.66	0.95	0.86	0.92	0.87	-0.89	0.87		0.87	0.93	0.79	-0.34	0.87	0.76	0.78	-0.26	0.8	0.0	0.9	0.66	0.69	0.95	0.91	0.64
Cash	0.91	0.61	0.8	0.91	0.91	0.89	0.9	-1.0	0.82	0.87		0.89	0.97	-0.16	1.0	0.83	0.93	-0.49	0.85	-0.07	0.9	0.8	0.78	0.91	0.92	0.6
Non Current Assets Total	0.99	0.67	0.86	0.98	0.8	1.0	0.99	-0.91	0.92	0.93	0.89		0.88	-0.06	0.89	0.94	0.72	-0.21	0.93	0.13	0.95	0.86	0.87	0.98	0.97	0.51
Non Currrent Assets Other	0.88	0.75	0.87	0.88	0.9	0.87	0.92	-0.97	0.76	0.79	0.97	0.88		0.08	0.97	0.88	0.91	-0.56	0.83	-0.13	0.85	0.87	0.85	0.88	0.93	0.51
Other Assets	-0.15	0.53	0.28	-0.16	-0.07	-0.07	0.04	0.16	-0.21	-0.34	-0.16	-0.06	0.08		-0.16	0.19	-0.13	-0.29	-0.09	-0.28	-0.2	0.28	0.31	-0.16	0.01	-0.47
Cash And Short Term Investments	0.91	0.61	0.8	0.91	0.91	0.89	0.9	-1.0	0.82	0.87	1.0	0.89	0.97	-0.16		0.83	0.93	-0.49	0.85	-0.07	0.9	0.8	0.78	0.91	0.92	0.6
Net Receivables	0.92	0.88	0.98	0.92	0.71	0.93	0.98	-0.85	0.77	0.76	0.83	0.94	0.88	0.19	0.83		0.63	-0.22	0.95	0.23	0.82	0.98	0.86	0.92	0.94	0.49
Common Stock Shares Outstanding	0.75	0.43	0.61	0.75	0.96	0.71	0.72	-0.92	0.63	0.78	0.93	0.72	0.91	-0.13	0.93	0.63		-0.75	0.6	-0.41	0.74	0.61	0.65	0.75	0.81	0.56
Non Current Liabilities Total	-0.24	-0.26	-0.27	-0.23	-0.71	-0.19	-0.25	0.47	-0.04	-0.26	-0.49	-0.21	-0.56	-0.29	-0.49	-0.22	-0.75		-0.04	0.81	-0.17	-0.27	-0.31	-0.23	-0.4	-0.26
Inventory	0.94	0.77	0.92	0.94	0.65	0.94	0.96	-0.86	0.82	0.8	0.85	0.93	0.83	-0.09	0.85	0.95	0.6	-0.04		0.41	0.86	0.92	0.76	0.94	0.89	0.59
Other Current Assets	0.16	0.22	0.22	0.15	-0.39	0.15	0.15	0.05	0.13	0.0	-0.07	0.13	-0.13	-0.28	-0.07	0.23	-0.41	0.81	0.41		0.08	0.22	-0.09	0.15	0.0	0.2
Other Stockholder Equity	0.91	0.52	0.73	0.91	0.76	0.95	0.91	-0.9	0.99	0.9	0.9	0.95	0.85	-0.2	0.9	0.82	0.74	-0.17	0.86	0.08		0.73	0.87	0.91	0.87	0.37
Total Liab	0.86	0.95	1.0	0.85	0.67	0.86	0.93	-0.81	0.66	0.66	0.8	0.86	0.87	0.28	0.8	0.98	0.61	-0.27	0.92	0.22	0.73		0.81	0.85	0.89	0.48
Deferred Long Term Liab	0.79	0.73	0.81	0.78	0.69	0.87	0.89	-0.78	0.85	0.69	0.78	0.87	0.85	0.31	0.78	0.86	0.65	-0.31	0.76	-0.09	0.87	0.81		0.78	0.83	0.09
Net Invested Capital	1.0	0.64	0.85	1.0	0.83	0.98	0.97	-0.93	0.87	0.95	0.91	0.98	0.88	-0.16	0.91	0.92	0.75	-0.23	0.94	0.15	0.91	0.85	0.78		0.98	0.66
Property Plant And Equipment Gross	0.98	0.71	0.89	0.98	0.9	0.96	0.97	-0.94	0.81	0.91	0.92	0.97	0.93	0.01	0.92	0.94	0.81	-0.4	0.89	0.0	0.87	0.89	0.83	0.98		0.62
Total Current Assets	0.65	0.28	0.48	0.66	0.61	0.5	0.51	-0.63	0.27	0.64	0.6	0.51	0.51	-0.47	0.6	0.49	0.56	-0.26	0.59	0.2	0.37	0.48	0.09	0.66	0.62

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Oceanpal Account Relationship Matchups

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When determining whether Oceanpal 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 Oceanpal 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 Oceanpal Stock. Highlighted below are key reports to facilitate an investment decision about Oceanpal Stock:

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What is Oceanpal's Net Worth?

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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 tightly coupled 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.

You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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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.

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

Earnings Share

(3.83)

Revenue Per Share

5.718

Quarterly Revenue Growth

0.015

Return On Assets

(0.06)

Return On Equity

(0.02)

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

Net Debt vs Total Current Assets

Net Debt vs Total Current Assets Correlation Analysis

Correlation Coefficient

Net Debt

Total Current Assets

Oceanpal fundamental ratios Correlations

Oceanpal Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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

Complementary Tools for Oceanpal Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Net Invested Capital	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash

Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Non Currrent Assets Other	- 0.97	Net Debt
Property Plant And Equipment Gross	- 0.94	Net Debt
Net Invested Capital	- 0.93	Net Debt
Net Debt	- 0.93	Total Stockholder Equity