Oceanpal Other Current Liab vs Cash 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 Other Current Liab and its Cash 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.

Other Current Liab vs Cash

Other Current Liab vs Cash Correlation Analysis

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

The correlation between Oceanpal's Other Current Liab and Cash is 0.61. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Cash in the same time period over historical financial statements of Oceanpal, assuming nothing else is changed. The correlation between historical values of Oceanpal's Other Current Liab and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Oceanpal are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Current Liab i.e., Oceanpal's Other Current Liab and Cash go up and down completely randomly.

Correlation Coefficient

0.61

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Other Current Liab

Cash

Cash refers to the most liquid asset of Oceanpal, which is listed under current asset account on Oceanpal balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Oceanpal customers. The amounts must be unrestricted with restricted cash listed in a different Oceanpal account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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

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 Other Current Liab vs Cash Analysis

Other Current Liab vs Cash

Other Current Liab vs Cash Correlation Analysis

Correlation Coefficient

Other Current Liab

Cash

Oceanpal fundamental ratios Correlations

Oceanpal Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Oceanpal Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

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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