Ouster Net Tangible Assets vs Net Invested Capital Analysis

OUST Stock  USD 9.30  0.23  2.54%   
Ouster financial indicator trend analysis is much more than just breaking down Ouster Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ouster Inc is a good investment. Please check the relationship between Ouster Net Tangible Assets and its Net Invested Capital accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ouster 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 state.

Net Tangible Assets vs Net Invested Capital

Net Tangible Assets vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ouster Inc Net Tangible Assets account and Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ouster's Net Tangible Assets and Net Invested Capital is 0.98. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Ouster Inc, assuming nothing else is changed. The correlation between historical values of Ouster's Net Tangible Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Ouster Inc are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Net Tangible Assets i.e., Ouster's Net Tangible Assets and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from Ouster's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ouster 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 Ouster 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 state.
At this time, Ouster's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 1.41 in 2024, whereas Selling General Administrative is likely to drop slightly above 50.7 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses108.8M156.4M193.1M121.8M
Cost Of Revenue24.5M30.1M73.6M77.3M

Ouster fundamental ratios Correlations

0.93-0.110.58-0.910.29-0.730.970.860.630.810.220.63-0.270.510.75-0.110.230.440.530.630.93-0.030.960.56-0.5
0.930.050.63-0.940.54-0.640.940.890.740.860.470.72-0.460.620.83-0.310.390.590.610.710.92-0.030.940.43-0.67
-0.110.05-0.08-0.070.510.71-0.010.00.01-0.040.56-0.02-0.67-0.050.2-0.26-0.010.040.77-0.05-0.050.66-0.010.18-0.4
0.580.63-0.08-0.790.57-0.580.750.790.860.940.490.96-0.650.970.89-0.820.90.960.270.960.82-0.550.76-0.22-0.85
-0.91-0.94-0.07-0.79-0.620.61-0.98-0.98-0.87-0.95-0.42-0.860.56-0.77-0.940.47-0.54-0.74-0.63-0.84-0.990.08-0.99-0.360.81
0.290.540.510.57-0.620.050.450.670.720.590.640.63-0.810.630.66-0.720.640.750.620.570.530.10.49-0.06-0.88
-0.73-0.640.71-0.580.610.05-0.69-0.61-0.52-0.670.04-0.57-0.12-0.54-0.480.1-0.35-0.430.16-0.6-0.70.6-0.68-0.10.2
0.970.94-0.010.75-0.980.45-0.690.930.770.920.360.78-0.470.680.88-0.340.440.640.580.780.99-0.111.00.41-0.69
0.860.890.00.79-0.980.67-0.610.930.90.930.320.84-0.510.770.88-0.470.560.770.560.810.97-0.110.950.3-0.81
0.630.740.010.86-0.870.72-0.520.770.90.890.380.96-0.550.920.91-0.70.730.910.450.930.84-0.220.80.09-0.88
0.810.86-0.040.94-0.950.59-0.670.920.930.890.50.94-0.620.90.95-0.650.750.880.460.940.96-0.360.930.08-0.84
0.220.470.560.49-0.420.640.040.360.320.380.50.49-0.870.520.57-0.710.60.560.510.50.36-0.120.35-0.25-0.68
0.630.72-0.020.96-0.860.63-0.570.780.840.960.940.49-0.620.980.95-0.790.840.950.391.00.85-0.390.8-0.05-0.88
-0.27-0.46-0.67-0.650.56-0.81-0.12-0.47-0.51-0.55-0.62-0.87-0.62-0.64-0.710.82-0.7-0.72-0.67-0.6-0.490.02-0.480.190.88
0.510.62-0.050.97-0.770.63-0.540.680.770.920.90.520.98-0.640.89-0.870.920.980.270.980.77-0.520.7-0.24-0.87
0.750.830.20.89-0.940.66-0.480.880.880.910.950.570.95-0.710.89-0.70.70.860.640.940.91-0.150.890.18-0.91
-0.11-0.31-0.26-0.820.47-0.720.1-0.34-0.47-0.7-0.65-0.71-0.790.82-0.87-0.7-0.95-0.91-0.25-0.78-0.440.45-0.370.520.85
0.230.39-0.010.9-0.540.64-0.350.440.560.730.750.60.84-0.70.920.7-0.950.950.090.830.55-0.650.47-0.57-0.8
0.440.590.040.96-0.740.75-0.430.640.770.910.880.560.95-0.720.980.86-0.910.950.30.930.74-0.470.67-0.29-0.91
0.530.610.770.27-0.630.620.160.580.560.450.460.510.39-0.670.270.64-0.250.090.30.360.530.620.590.59-0.65
0.630.71-0.050.96-0.840.57-0.60.780.810.930.940.51.0-0.60.980.94-0.780.830.930.360.84-0.430.79-0.06-0.85
0.930.92-0.050.82-0.990.53-0.70.990.970.840.960.360.85-0.490.770.91-0.440.550.740.530.84-0.190.990.32-0.75
-0.03-0.030.66-0.550.080.10.6-0.11-0.11-0.22-0.36-0.12-0.390.02-0.52-0.150.45-0.65-0.470.62-0.43-0.19-0.110.730.1
0.960.94-0.010.76-0.990.49-0.681.00.950.80.930.350.8-0.480.70.89-0.370.470.670.590.790.99-0.110.4-0.72
0.560.430.18-0.22-0.36-0.06-0.10.410.30.090.08-0.25-0.050.19-0.240.180.52-0.57-0.290.59-0.060.320.730.40.04
-0.5-0.67-0.4-0.850.81-0.880.2-0.69-0.81-0.88-0.84-0.68-0.880.88-0.87-0.910.85-0.8-0.91-0.65-0.85-0.750.1-0.720.04
Click cells to compare fundamentals

Ouster Account Relationship Matchups

Ouster fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab7.6M556K1.1M6.7M58.2M61.1M
Total Current Liabilities40.4M20.9M22.1M29.5M81.7M85.8M
Other Liab54K50.3M8.7M2.1M2.4M2.2M
Net Tangible Assets(100.3M)(75.9M)187.0M102.3M117.6M123.5M
Retained Earnings(102.6M)(209.4M)(303.4M)(441.9M)(816.0M)(775.2M)
Accounts Payable3.3M6.9M4.9M8.8M3.5M5.2M
Other Assets1.3M4.4M1.4M1.6M1.00.95
Net Receivables937K3.8M10.7M11.2M40.0M42.0M
Inventory2.5M4.8M7.4M19.5M23.2M24.4M
Other Current Assets1.2M1.2M5.6M8.5M9.2M4.8M
Total Current Assets21.5M21.2M207.4M162.5M263.2M276.3M
Property Plant Equipment17.1M20.8M25.2M9.7M11.1M17.7M

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When determining whether Ouster Inc 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 Ouster 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 Ouster Inc Stock. Highlighted below are key reports to facilitate an investment decision about Ouster Inc Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ouster 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 state.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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Is Ouster'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 Ouster. If investors know Ouster 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 Ouster listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(10.10)
Revenue Per Share
2.248
Quarterly Revenue Growth
1.235
Return On Assets
(0.33)
Return On Equity
(2.13)
The market value of Ouster Inc is measured differently than its book value, which is the value of Ouster that is recorded on the company's balance sheet. Investors also form their own opinion of Ouster's value that differs from its market value or its book value, called intrinsic value, which is Ouster'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 Ouster's market value can be influenced by many factors that don't directly affect Ouster'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 Ouster's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ouster is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ouster'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.