Opko Depreciation And Amortization vs Net Income From Continuing Ops Analysis

OPK Stock  USD 1.26  0.04  3.28%   
Opko Health financial indicator trend analysis is much more than just breaking down Opko Health prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Opko Health is a good investment. Please check the relationship between Opko Health Depreciation And Amortization and its Net Income From Continuing Ops accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Opko Health. 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.
For more information on how to buy Opko Stock please use our How to buy in Opko Stock guide.

Depreciation And Amortization vs Net Income From Continuing Ops

Depreciation And Amortization vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Opko Health Depreciation And Amortization account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Opko Health's Depreciation And Amortization and Net Income From Continuing Ops is -0.7. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Opko Health, assuming nothing else is changed. The correlation between historical values of Opko Health's Depreciation And Amortization and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Opko Health are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Depreciation And Amortization i.e., Opko Health's Depreciation And Amortization and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

-0.7
Relationship DirectionNegative 
Relationship StrengthWeak

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Net Income From Continuing Ops

Most indicators from Opko Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Opko Health 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 Opko Health. 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.
For more information on how to buy Opko Stock please use our How to buy in Opko Stock guide.At this time, Opko Health's Selling General Administrative is quite stable compared to the past year. Enterprise Value is expected to rise to about 1.5 B this year, although the value of Discontinued Operations will most likely fall to about 93.2 K.
 2021 2022 2023 2024 (projected)
Total Operating Expenses596M534.4M390.2M199.8M
Cost Of Revenue1.2B716M631.4M663.0M

Opko Health fundamental ratios Correlations

0.810.891.00.890.1-0.640.860.60.990.610.60.780.860.980.670.770.920.890.40.650.470.80.80.850.27
0.810.950.790.80.25-0.620.860.340.750.570.340.670.740.820.590.850.740.710.40.780.350.660.680.590.27
0.890.950.890.860.09-0.560.880.410.850.640.410.660.780.870.560.840.850.790.270.780.410.660.660.770.17
1.00.790.890.880.05-0.620.840.60.990.630.60.760.860.960.660.760.910.870.350.660.440.780.780.870.24
0.890.80.860.880.36-0.80.940.240.880.490.240.840.940.870.810.650.720.680.50.610.650.850.840.710.46
0.10.250.090.050.36-0.710.39-0.320.1-0.44-0.320.550.380.220.60.0-0.060.050.89-0.140.550.540.53-0.260.75
-0.64-0.62-0.56-0.62-0.8-0.71-0.79-0.14-0.62-0.16-0.14-0.95-0.88-0.67-0.95-0.49-0.41-0.49-0.81-0.35-0.68-0.93-0.94-0.27-0.82
0.860.860.880.840.940.39-0.790.30.810.430.30.840.90.870.840.770.670.680.560.660.570.840.830.710.55
0.60.340.410.60.24-0.32-0.140.30.580.51.00.340.260.60.190.570.640.760.140.39-0.10.370.390.57-0.02
0.990.750.850.990.880.1-0.620.810.580.580.580.760.840.960.630.660.920.890.390.570.460.780.770.850.24
0.610.570.640.630.49-0.44-0.160.430.50.580.50.260.450.520.180.590.620.55-0.230.86-0.040.270.310.59-0.15
0.60.340.410.60.24-0.32-0.140.31.00.580.50.340.260.60.190.570.640.760.140.39-0.10.370.390.57-0.02
0.780.670.660.760.840.55-0.950.840.340.760.260.340.920.80.910.590.570.640.750.420.680.991.00.470.72
0.860.740.780.860.940.38-0.880.90.260.840.450.260.920.830.90.650.660.640.530.570.620.910.910.640.59
0.980.820.870.960.870.22-0.670.870.60.960.520.60.80.830.680.760.910.920.520.620.510.830.820.790.31
0.670.590.560.660.810.6-0.950.840.190.630.180.190.910.90.680.560.380.460.730.370.640.90.910.410.83
0.770.850.840.760.650.0-0.490.770.570.660.590.570.590.650.760.560.70.70.260.820.30.60.610.660.21
0.920.740.850.910.72-0.06-0.410.670.640.920.620.640.570.660.910.380.70.950.230.620.350.60.590.82-0.04
0.890.710.790.870.680.05-0.490.680.760.890.550.760.640.640.920.460.70.950.40.560.30.670.660.740.12
0.40.40.270.350.50.89-0.810.560.140.39-0.230.140.750.530.520.730.260.230.40.030.540.760.750.010.78
0.650.780.780.660.61-0.14-0.350.660.390.570.860.390.420.570.620.370.820.620.560.030.220.430.450.570.09
0.470.350.410.440.650.55-0.680.57-0.10.46-0.04-0.10.680.620.510.640.30.350.30.540.220.710.650.240.52
0.80.660.660.780.850.54-0.930.840.370.780.270.370.990.910.830.90.60.60.670.760.430.710.990.490.68
0.80.680.660.780.840.53-0.940.830.390.770.310.391.00.910.820.910.610.590.660.750.450.650.990.470.7
0.850.590.770.870.71-0.26-0.270.710.570.850.590.570.470.640.790.410.660.820.740.010.570.240.490.47-0.01
0.270.270.170.240.460.75-0.820.55-0.020.24-0.15-0.020.720.590.310.830.21-0.040.120.780.090.520.680.7-0.01
Click cells to compare fundamentals

Opko Health Account Relationship Matchups

Opko Health fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3B2.5B2.4B2.2B2.0B2.1B
Other Current Liab143.0M222.7M190.9M143.4M85.9M65.4M
Total Current Liabilities249.1M375.5M301.8M213.5M200.1M103.9M
Total Stockholder Equity1.6B1.7B1.7B1.6B1.4B1.5B
Property Plant And Equipment Net166.5M178.3M124.0M121.6M143.5M150.7M
Net Debt125.7M149.8M53.2M60.3M230.7M242.2M
Retained Earnings(1.5B)(1.5B)(1.5B)(1.8B)(2.0B)(1.9B)
Accounts Payable62.5M100.9M82.0M67M69.7M73.2M
Cash85.5M72.2M134.7M153.2M95.9M63.6M
Non Current Assets Total2.0B1.9B1.6B1.8B1.7B1.8B
Non Currrent Assets Other723.2M679.1M465.9M832.2M(185.9M)(176.6M)
Cash And Short Term Investments85.5M72.2M134.7M153.2M95.9M64.0M
Common Stock Shares Outstanding595.5M640.7M648.1M719.1M751.8M789.4M
Liabilities And Stockholders Equity2.3B2.5B2.4B2.2B2.0B2.1B
Other Stockholder Equity3.1B3.2B3.2B3.4B3.4B3.6B
Total Liab694.5M801.5M714.6M605.7M622.5M653.6M
Property Plant And Equipment Gross166.5M178.3M257.3M264.0M300.6M315.7M
Total Current Assets324M523.2M823M394.5M309.5M183.8M
Accumulated Other Comprehensive Income(22.1M)(4.2M)(30.5M)(43.3M)(38.0M)(36.1M)
Intangible Assets1.3B1.3B1.1B790.9M935.3M572.8M
Non Current Liabilities Total445.4M426M412.8M392.2M422.4M222.3M
Short Long Term Debt Total211.2M222M187.9M213.5M326.6M342.9M
Other Current Assets238.5M451M373.3M241.3M17.7M16.8M
Short Term Debt24.4M36.2M28.6M3.1M43.1M45.3M
Common Stock Total Equity5.9M6.7M6.7M6.9M7.9M8.3M
Common Stock6.7M6.7M6.9M7.8M7.8M8.2M
Other Liab153.8M204M196.7M126.4M145.4M142.0M
Other Assets7.0M653.7M465.9M981.9M1.1B1.2B
Property Plant Equipment144.7M166.5M178.3M124.0M142.5M149.7M
Current Deferred Revenue19.2M15.8M258K1.4M1.6M1.5M
Long Term Debt259.9M225.8M187.9M219.5M222.0M121.6M
Net Receivables157.7M302.3M265.6M148.6M130.2M117.8M
Inventory53.4M132.3M86.5M74.1M65.7M42.4M
Good Will671.9M680.6M520.6M595.9M598.3M421.7M
Net Tangible Assets413.9M515.9M574.3M770.7M886.3M930.6M
Retained Earnings Total Equity(1.2B)(1.5B)(1.5B)(1.5B)(1.4B)(1.4B)
Capital Surpluse3.0B3.1B3.2B3.2B3.7B2.5B

Opko Health Investors Sentiment

The influence of Opko Health's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Opko. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Opko Health's public news can be used to forecast risks associated with an investment in Opko. The trend in average sentiment can be used to explain how an investor holding Opko can time the market purely based on public headlines and social activities around Opko Health. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Opko Health's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Opko Health's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Opko Health's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Opko Health.
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 Opko Health 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, Opko Health's short interest history, or implied volatility extrapolated from Opko Health options trading.

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When determining whether Opko Health 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 Opko 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 Opko Health Stock. Highlighted below are key reports to facilitate an investment decision about Opko Health Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Opko Health. 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.
For more information on how to buy Opko Stock please use our How to buy in Opko Stock guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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Is Opko Health'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 Opko Health. If investors know Opko 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 Opko Health 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
0.191
Earnings Share
(0.25)
Revenue Per Share
1.149
Quarterly Revenue Growth
(0.02)
Return On Assets
(0.05)
The market value of Opko Health is measured differently than its book value, which is the value of Opko that is recorded on the company's balance sheet. Investors also form their own opinion of Opko Health's value that differs from its market value or its book value, called intrinsic value, which is Opko Health'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 Opko Health's market value can be influenced by many factors that don't directly affect Opko Health'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 Opko Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Opko Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Opko Health'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.