OppFi Cash And Short Term Investments vs Total Stockholder Equity Analysis

OPFI Stock  USD 3.12  0.10  3.11%   
OppFi financial indicator trend analysis is much more than just breaking down OppFi Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OppFi Inc is a good investment. Please check the relationship between OppFi Cash And Short Term Investments and its Total Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OppFi Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

Cash And Short Term Investments vs Total Stockholder Equity

Cash And Short Term Investments vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OppFi Inc Cash And Short Term Investments account and Total Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between OppFi's Cash And Short Term Investments and Total Stockholder Equity is -0.33. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of OppFi Inc, assuming nothing else is changed. The correlation between historical values of OppFi's Cash And Short Term Investments and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of OppFi Inc are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Cash And Short Term Investments i.e., OppFi's Cash And Short Term Investments and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of OppFi Inc balance sheet. This account contains OppFi investments that will expire within one year. These investments include stocks and bonds that can be liquidated by OppFi Inc 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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from OppFi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OppFi Inc 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 OppFi Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
As of now, OppFi's Enterprise Value Multiple is decreasing as compared to previous years. The OppFi's current Enterprise Value is estimated to increase to about 617.6 M, while Tax Provision is forecasted to increase to (700.1 K).
 2021 2022 2023 2024 (projected)
Other Operating Expenses183.1M186.5M183.1M150.0M
Total Revenue350.6M452.9M273.2M313.7M

OppFi fundamental ratios Correlations

0.930.780.6-0.720.79-0.180.960.85-0.920.420.66-0.77-0.83-0.340.830.661.00.160.850.90.980.980.990.970.77
0.930.510.28-0.830.62-0.510.890.96-0.930.630.56-0.5-0.58-0.040.910.560.95-0.040.921.00.850.860.90.990.76
0.780.510.93-0.270.760.430.80.41-0.6-0.060.56-0.99-0.99-0.630.350.560.750.570.380.450.860.820.80.610.54
0.60.280.93-0.230.810.620.560.21-0.49-0.050.42-0.89-0.88-0.710.20.420.570.450.230.230.710.70.650.410.2
-0.72-0.83-0.27-0.23-0.720.49-0.57-0.860.92-0.91-0.330.210.29-0.02-0.89-0.33-0.750.45-0.9-0.85-0.65-0.72-0.74-0.84-0.28
0.790.620.760.81-0.720.210.640.57-0.840.470.43-0.69-0.73-0.510.650.430.77-0.010.690.590.850.880.850.720.24
-0.18-0.510.430.620.490.21-0.15-0.550.33-0.57-0.2-0.41-0.33-0.49-0.55-0.2-0.220.55-0.5-0.550.02-0.03-0.1-0.39-0.31
0.960.890.80.56-0.570.64-0.150.83-0.810.30.58-0.8-0.85-0.210.680.580.960.390.710.860.930.890.920.920.85
0.850.960.410.21-0.860.57-0.550.83-0.890.760.37-0.39-0.470.170.830.370.87-0.050.850.960.750.760.810.950.64
-0.92-0.93-0.6-0.490.92-0.840.33-0.81-0.89-0.69-0.590.550.630.25-0.92-0.59-0.930.17-0.92-0.92-0.88-0.91-0.93-0.96-0.53
0.420.63-0.06-0.05-0.910.47-0.570.30.76-0.69-0.050.130.050.390.66-0.050.46-0.530.680.660.330.40.430.60.01
0.660.560.560.42-0.330.43-0.20.580.37-0.59-0.05-0.59-0.64-0.710.621.00.65-0.040.550.540.610.640.640.590.61
-0.77-0.5-0.99-0.890.21-0.69-0.41-0.8-0.390.550.13-0.590.990.63-0.33-0.59-0.74-0.62-0.35-0.44-0.84-0.79-0.78-0.59-0.6
-0.83-0.58-0.99-0.880.29-0.73-0.33-0.85-0.470.630.05-0.640.990.61-0.41-0.64-0.8-0.56-0.43-0.52-0.88-0.84-0.83-0.66-0.64
-0.34-0.04-0.63-0.71-0.02-0.51-0.49-0.210.170.250.39-0.710.630.61-0.18-0.71-0.29-0.09-0.150.0-0.42-0.46-0.39-0.14-0.13
0.830.910.350.2-0.890.65-0.550.680.83-0.920.660.62-0.33-0.41-0.180.620.84-0.390.990.930.760.810.830.910.59
0.660.560.560.42-0.330.43-0.20.580.37-0.59-0.051.0-0.59-0.64-0.710.620.65-0.040.550.540.610.640.640.590.61
1.00.950.750.57-0.750.77-0.220.960.87-0.930.460.65-0.74-0.8-0.290.840.650.140.860.920.970.970.990.980.77
0.16-0.040.570.450.45-0.010.550.39-0.050.17-0.53-0.04-0.62-0.56-0.09-0.39-0.040.14-0.34-0.10.240.120.130.00.38
0.850.920.380.23-0.90.69-0.50.710.85-0.920.680.55-0.35-0.43-0.150.990.550.86-0.340.930.790.840.860.920.59
0.91.00.450.23-0.850.59-0.550.860.96-0.920.660.54-0.44-0.520.00.930.540.92-0.10.930.820.830.870.980.74
0.980.850.860.71-0.650.850.020.930.75-0.880.330.61-0.84-0.88-0.420.760.610.970.240.790.820.990.990.910.71
0.980.860.820.7-0.720.88-0.030.890.76-0.910.40.64-0.79-0.84-0.460.810.640.970.120.840.830.991.00.920.66
0.990.90.80.65-0.740.85-0.10.920.81-0.930.430.64-0.78-0.83-0.390.830.640.990.130.860.870.991.00.950.71
0.970.990.610.41-0.840.72-0.390.920.95-0.960.60.59-0.59-0.66-0.140.910.590.980.00.920.980.910.920.950.74
0.770.760.540.2-0.280.24-0.310.850.64-0.530.010.61-0.6-0.64-0.130.590.610.770.380.590.740.710.660.710.74
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OppFi Account Relationship Matchups

Currently Active Assets on Macroaxis

When determining whether OppFi Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OppFi'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 Oppfi Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Oppfi Inc Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OppFi Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the OppFi Inc information on this page should be used as a complementary analysis to other OppFi'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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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When running OppFi's price analysis, check to measure OppFi'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 OppFi is operating at the current time. Most of OppFi's value examination focuses on studying past and present price action to predict the probability of OppFi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OppFi's price. Additionally, you may evaluate how the addition of OppFi to your portfolios can decrease your overall portfolio volatility.
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Is OppFi'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 OppFi. If investors know OppFi 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 OppFi listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
5.287
Earnings Share
0.353
Revenue Per Share
13.335
Quarterly Revenue Growth
0.132
Return On Assets
0.0813
The market value of OppFi Inc is measured differently than its book value, which is the value of OppFi that is recorded on the company's balance sheet. Investors also form their own opinion of OppFi's value that differs from its market value or its book value, called intrinsic value, which is OppFi'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 OppFi's market value can be influenced by many factors that don't directly affect OppFi'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 OppFi's value and its price as these two are different measures arrived at by different means. Investors typically determine if OppFi is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OppFi'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.