Opko Total Current Liabilities vs Short Term Debt Analysis
OPK Stock | USD 1.25 0.05 3.85% |
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 Total Current Liabilities and its Short Term Debt 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.
Total Current Liabilities vs Short Term Debt
Total Current Liabilities vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Opko Health Total Current Liabilities account and Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Opko Health's Total Current Liabilities and Short Term Debt is 0.41. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Short Term Debt 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 Total Current Liabilities and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Opko Health are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Total Current Liabilities i.e., Opko Health's Total Current Liabilities and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.41 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Current Liabilities
Total Current Liabilities is an item on Opko Health balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Opko Health are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Short Term Debt
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 Expenses | 596M | 534.4M | 390.2M | 199.8M | Cost Of Revenue | 1.2B | 716M | 631.4M | 663.0M |
Opko Health fundamental ratios Correlations
Click cells to compare fundamentals
Opko Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Opko Health fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.3B | 2.5B | 2.4B | 2.2B | 2.0B | 2.1B | |
Other Current Liab | 143.0M | 222.7M | 190.9M | 143.4M | 85.9M | 65.4M | |
Total Current Liabilities | 249.1M | 375.5M | 301.8M | 213.5M | 200.1M | 103.9M | |
Total Stockholder Equity | 1.6B | 1.7B | 1.7B | 1.6B | 1.4B | 1.5B | |
Property Plant And Equipment Net | 166.5M | 178.3M | 124.0M | 121.6M | 143.5M | 150.7M | |
Net Debt | 125.7M | 149.8M | 53.2M | 60.3M | 230.7M | 242.2M | |
Retained Earnings | (1.5B) | (1.5B) | (1.5B) | (1.8B) | (2.0B) | (1.9B) | |
Accounts Payable | 62.5M | 100.9M | 82.0M | 67M | 69.7M | 73.2M | |
Cash | 85.5M | 72.2M | 134.7M | 153.2M | 95.9M | 63.6M | |
Non Current Assets Total | 2.0B | 1.9B | 1.6B | 1.8B | 1.7B | 1.8B | |
Non Currrent Assets Other | 723.2M | 679.1M | 465.9M | 832.2M | (185.9M) | (176.6M) | |
Cash And Short Term Investments | 85.5M | 72.2M | 134.7M | 153.2M | 95.9M | 64.0M | |
Common Stock Shares Outstanding | 595.5M | 640.7M | 648.1M | 719.1M | 751.8M | 789.4M | |
Liabilities And Stockholders Equity | 2.3B | 2.5B | 2.4B | 2.2B | 2.0B | 2.1B | |
Other Stockholder Equity | 3.1B | 3.2B | 3.2B | 3.4B | 3.4B | 3.6B | |
Total Liab | 694.5M | 801.5M | 714.6M | 605.7M | 622.5M | 653.6M | |
Property Plant And Equipment Gross | 166.5M | 178.3M | 257.3M | 264.0M | 300.6M | 315.7M | |
Total Current Assets | 324M | 523.2M | 823M | 394.5M | 309.5M | 183.8M | |
Accumulated Other Comprehensive Income | (22.1M) | (4.2M) | (30.5M) | (43.3M) | (38.0M) | (36.1M) | |
Intangible Assets | 1.3B | 1.3B | 1.1B | 790.9M | 935.3M | 572.8M | |
Non Current Liabilities Total | 445.4M | 426M | 412.8M | 392.2M | 422.4M | 222.3M | |
Short Long Term Debt Total | 211.2M | 222M | 187.9M | 213.5M | 326.6M | 342.9M | |
Other Current Assets | 238.5M | 451M | 373.3M | 241.3M | 17.7M | 16.8M | |
Short Term Debt | 24.4M | 36.2M | 28.6M | 3.1M | 43.1M | 45.3M | |
Common Stock Total Equity | 5.9M | 6.7M | 6.7M | 6.9M | 7.9M | 8.3M | |
Common Stock | 6.7M | 6.7M | 6.9M | 7.8M | 7.8M | 8.2M | |
Other Liab | 153.8M | 204M | 196.7M | 126.4M | 145.4M | 142.0M | |
Other Assets | 7.0M | 653.7M | 465.9M | 981.9M | 1.1B | 1.2B | |
Property Plant Equipment | 144.7M | 166.5M | 178.3M | 124.0M | 142.5M | 149.7M | |
Current Deferred Revenue | 19.2M | 15.8M | 258K | 1.4M | 1.6M | 1.5M | |
Long Term Debt | 259.9M | 225.8M | 187.9M | 219.5M | 222.0M | 121.6M | |
Net Receivables | 157.7M | 302.3M | 265.6M | 148.6M | 130.2M | 117.8M | |
Inventory | 53.4M | 132.3M | 86.5M | 74.1M | 65.7M | 42.4M | |
Good Will | 671.9M | 680.6M | 520.6M | 595.9M | 598.3M | 421.7M | |
Net Tangible Assets | 413.9M | 515.9M | 574.3M | 770.7M | 886.3M | 930.6M | |
Retained Earnings Total Equity | (1.2B) | (1.5B) | (1.5B) | (1.5B) | (1.4B) | (1.4B) | |
Capital Surpluse | 3.0B | 3.1B | 3.2B | 3.2B | 3.7B | 2.5B |
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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Complementary Tools for Opko Stock analysis
When running Opko Health's price analysis, check to measure Opko Health'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 Opko Health is operating at the current time. Most of Opko Health's value examination focuses on studying past and present price action to predict the probability of Opko Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Opko Health's price. Additionally, you may evaluate how the addition of Opko Health to your portfolios can decrease your overall portfolio volatility.
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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.