OSI Historical Balance Sheet

OSIS Stock  USD 140.03  4.49  3.11%   
Trend analysis of OSI Systems balance sheet accounts such as Total Current Liabilities of 690.3 M provides information on OSI Systems' total assets, liabilities, and equity, which is the actual value of OSI Systems to its prevalent stockholders. By breaking down trends over time using OSI Systems balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining OSI Systems latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether OSI Systems is a good buy for the upcoming year.

OSI Systems Inventory

408.14 Million

  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OSI Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy OSI Stock please use our How to Invest in OSI Systems guide.

About OSI Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of OSI Systems at a specified time, usually calculated after every quarter, six months, or one year. OSI Systems Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of OSI Systems and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which OSI currently owns. An asset can also be divided into two categories, current and non-current.

OSI Systems Balance Sheet Chart

OSI Systems Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how OSI Systems uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, OSI Systems' Non Current Assets Total are comparatively stable compared to the past year. Net Receivables is likely to gain to about 459.9 M in 2024, whereas Cash is likely to drop slightly above 59.5 M in 2024.

Total Assets

Total assets refers to the total amount of OSI Systems assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in OSI Systems books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on OSI Systems balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of OSI Systems 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 Long Term Debt

The total of a company’s short-term and long-term borrowings.
Most accounts from OSI Systems' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into OSI Systems current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 OSI Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy OSI Stock please use our How to Invest in OSI Systems guide.At this time, OSI Systems' Non Current Assets Total are comparatively stable compared to the past year. Net Receivables is likely to gain to about 459.9 M in 2024, whereas Cash is likely to drop slightly above 59.5 M in 2024.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total353.2M359.6M413.5M434.2M
Total Assets1.4B1.6B1.8B1.9B

OSI Systems balance sheet Correlations

0.840.950.930.960.030.830.930.940.320.99-0.110.320.950.460.740.970.08-0.850.980.70.990.73-0.470.9-0.47
0.840.790.830.69-0.360.980.820.780.460.88-0.430.460.790.080.770.78-0.36-0.610.920.330.790.72-0.660.98-0.66
0.950.790.870.90.00.80.890.870.210.95-0.040.210.90.390.750.910.16-0.780.940.640.930.63-0.470.88-0.47
0.930.830.870.88-0.050.840.930.90.20.92-0.140.210.910.30.510.950.02-0.740.930.770.930.91-0.60.85-0.6
0.960.690.90.880.180.670.910.890.280.930.070.280.920.570.620.950.22-0.860.890.80.980.67-0.350.77-0.35
0.03-0.360.0-0.050.18-0.36-0.19-0.04-0.10.00.6-0.1-0.090.75-0.080.080.88-0.25-0.070.40.07-0.240.71-0.310.71
0.830.980.80.840.67-0.360.840.810.280.88-0.50.280.810.010.740.77-0.31-0.60.910.380.770.74-0.730.97-0.73
0.930.820.890.930.91-0.190.840.920.180.92-0.220.180.960.190.580.89-0.08-0.740.910.710.930.82-0.710.87-0.71
0.940.780.870.90.89-0.040.810.920.130.92-0.280.130.950.330.670.920.07-0.770.930.70.940.71-0.560.84-0.56
0.320.460.210.20.28-0.10.280.180.130.330.131.00.130.360.450.31-0.35-0.290.34-0.140.310.170.080.410.08
0.990.880.950.920.930.00.880.920.920.33-0.160.330.920.410.790.940.03-0.850.990.630.960.7-0.50.94-0.5
-0.11-0.43-0.04-0.140.070.6-0.5-0.22-0.280.13-0.160.13-0.270.52-0.290.020.56-0.04-0.230.15-0.05-0.230.59-0.360.59
0.320.460.210.210.28-0.10.280.180.131.00.330.130.130.360.450.31-0.36-0.290.34-0.140.310.170.080.410.08
0.950.790.90.910.92-0.090.810.960.950.130.92-0.270.130.290.650.890.04-0.780.920.750.950.75-0.610.85-0.61
0.460.080.390.30.570.750.010.190.330.360.410.520.360.290.350.520.6-0.660.360.470.50.070.530.170.53
0.740.770.750.510.62-0.080.740.580.670.450.79-0.290.450.650.350.63-0.07-0.660.80.130.680.22-0.240.82-0.24
0.970.780.910.950.950.080.770.890.920.310.940.020.310.890.520.630.12-0.830.940.720.980.76-0.410.85-0.41
0.08-0.360.160.020.220.88-0.31-0.080.07-0.350.030.56-0.360.040.6-0.070.12-0.23-0.020.50.13-0.190.53-0.260.53
-0.85-0.61-0.78-0.74-0.86-0.25-0.6-0.74-0.77-0.29-0.85-0.04-0.29-0.78-0.66-0.66-0.83-0.23-0.81-0.62-0.84-0.540.21-0.690.21
0.980.920.940.930.89-0.070.910.910.930.340.99-0.230.340.920.360.80.94-0.02-0.810.60.950.73-0.530.96-0.53
0.70.330.640.770.80.40.380.710.7-0.140.630.15-0.140.750.470.130.720.5-0.620.60.760.69-0.240.39-0.24
0.990.790.930.930.980.070.770.930.940.310.96-0.050.310.950.50.680.980.13-0.840.950.760.74-0.430.85-0.43
0.730.720.630.910.67-0.240.740.820.710.170.7-0.230.170.750.070.220.76-0.19-0.540.730.690.74-0.690.7-0.69
-0.47-0.66-0.47-0.6-0.350.71-0.73-0.71-0.560.08-0.50.590.08-0.610.53-0.24-0.410.530.21-0.53-0.24-0.43-0.69-0.641.0
0.90.980.880.850.77-0.310.970.870.840.410.94-0.360.410.850.170.820.85-0.26-0.690.960.390.850.7-0.64-0.64
-0.47-0.66-0.47-0.6-0.350.71-0.73-0.71-0.560.08-0.50.590.08-0.610.53-0.24-0.410.530.21-0.53-0.24-0.43-0.691.0-0.64
Click cells to compare fundamentals

OSI Systems Account Relationship Matchups

OSI Systems balance sheet Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.4B1.4B1.6B1.8B1.9B
Short Long Term Debt Total327.0M277.3M353.2M359.6M413.5M434.2M
Other Current Liab157.1M164.2M164.3M188.4M216.6M227.4M
Total Current Liabilities330.1M344.8M614.0M571.7M657.4M690.3M
Total Stockholder Equity572.2M639.8M638.4M726.2M835.1M876.8M
Property Plant And Equipment Net127.9M118.0M109.7M108.9M125.3M97.1M
Net Debt250.9M196.7M289.0M282.8M325.2M341.5M
Retained Earnings474.8M548.8M663.9M736.0M846.4M888.7M
Accounts Payable84.9M141.3M125.2M139.0M159.9M167.9M
Cash76.1M80.6M64.2M76.8M88.3M59.5M
Non Current Assets Total650.8M675.0M697.0M715.8M823.2M864.3M
Non Currrent Assets Other84.0M109.0M101.5M116.5M134.0M108.0M
Cash And Short Term Investments76.1M80.6M64.2M76.8M88.3M59.9M
Net Receivables269.8M290.7M308.0M380.8M438.0M459.9M
Common Stock Shares Outstanding18.6M18.4M17.9M17.2M19.8M18.2M
Liabilities And Stockholders Equity1.3B1.4B1.4B1.6B1.8B1.9B
Non Current Liabilities Total366.3M399.8M190.8M257.8M296.5M311.3M
Inventory241.2M294.2M333.9M338.0M388.7M408.1M
Other Current Assets30.5M43.9M40.1M44.3M50.9M36.5M
Other Stockholder Equity(25.2M)(14.7M)(25.5M)(19.6M)(17.7M)(16.8M)
Total Liab696.4M744.5M804.7M829.5M953.9M1.0B
Property Plant And Equipment Gross127.9M118.0M267.0M282.7M325.1M341.3M
Total Current Assets617.7M709.4M746.1M839.9M965.9M1.0B
Accumulated Other Comprehensive Income(25.2M)(14.7M)(25.5M)(19.6M)(17.7M)(16.8M)
Short Term Debt59.9M846K304.6M223.1M256.5M269.4M
Common Stock Total Equity122.6M105.7M17K9.8M11.3M10.7M
Intangible Assets128.3M127.6M138.4M140.9M162.0M170.1M
Common Stock122.6M105.7M17K9.8M11.3M10.7M
Other Assets56.1M109.0M73.1M83.9M96.5M101.3M
Long Term Debt267.1M276.4M48.7M136.5M157.0M164.8M
Property Plant Equipment155.9M118.0M109.7M108.9M125.3M105.3M
Other Liab79.5M123.4M111.7M97.6M112.2M65.8M
Current Deferred Revenue28.2M38.5M19.9M21.3M24.4M35.3M
Good Will310.6M320.3M336.4M349.5M401.9M422.0M
Net Tangible Assets133.2M191.9M163.7M235.8M212.2M197.6M
Retained Earnings Total Equity474.8M548.8M663.9M736.0M846.4M437.9M
Long Term Debt Total267.1M276.4M48.7M136.5M157.0M138.9M
Deferred Long Term Liab5.8M7.2M11.1M6.6M5.9M5.6M
Non Current Liabilities Other93.4M123.4M131.0M121.3M109.2M77.9M
Short Long Term Debt59.9M846K304.6M223.1M256.5M269.4M

Pair Trading with OSI Systems

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if OSI Systems position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in OSI Systems will appreciate offsetting losses from the drop in the long position's value.

Moving against OSI Stock

  0.58OPTX Syntec Optics Holdings Symbol ChangePairCorr
  0.47IMTE Integrated Media TecPairCorr
  0.41EXTR Extreme Networks Sell-off TrendPairCorr
  0.41NTCT NetScout Systems Financial Report 25th of July 2024 PairCorr
The ability to find closely correlated positions to OSI Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace OSI Systems when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back OSI Systems - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling OSI Systems to buy it.
The correlation of OSI Systems is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as OSI Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OSI Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for OSI Systems can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether OSI Systems is a strong investment it is important to analyze OSI Systems' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact OSI Systems' future performance. For an informed investment choice regarding OSI Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OSI Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy OSI Stock please use our How to Invest in OSI Systems guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

Complementary Tools for OSI Stock analysis

When running OSI Systems' price analysis, check to measure OSI Systems' 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 OSI Systems is operating at the current time. Most of OSI Systems' value examination focuses on studying past and present price action to predict the probability of OSI Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OSI Systems' price. Additionally, you may evaluate how the addition of OSI Systems to your portfolios can decrease your overall portfolio volatility.
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Bonds Directory
Find actively traded corporate debentures issued by US companies
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Is OSI Systems' 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 OSI Systems. If investors know OSI 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 OSI Systems 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
0.535
Earnings Share
7.28
Revenue Per Share
86.966
Quarterly Revenue Growth
0.338
Return On Assets
0.0681
The market value of OSI Systems is measured differently than its book value, which is the value of OSI that is recorded on the company's balance sheet. Investors also form their own opinion of OSI Systems' value that differs from its market value or its book value, called intrinsic value, which is OSI Systems' 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 OSI Systems' market value can be influenced by many factors that don't directly affect OSI Systems' 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 OSI Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if OSI Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OSI Systems' 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.