Old Other Current Assets from 2010 to 2024

OPOF Stock  USD 20.75  0.50  2.47%   
Old Point's Other Current Assets are increasing over the last several years with stable swings. Other Current Assets are predicted to flatten to about 78.5 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2017-06-30
Previous Quarter
93.1 M
Current Value
177.2 M
Quarterly Volatility
308 M
 
Covid
Check Old Point financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Old Point's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.9 M, Interest Expense of 19.3 M or Selling General Administrative of 18.6 M, as well as many indicators such as Price To Sales Ratio of 1.07, Dividend Yield of 0.0238 or PTB Ratio of 1.36. Old financial statements analysis is a perfect complement when working with Old Point Valuation or Volatility modules.
  
Check out the analysis of Old Point Correlation against competitors.

Latest Old Point's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Old Point Financial over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Old Point's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Old Point's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Pretty Stable
   Other Current Assets   
       Timeline  

Old Other Current Assets Regression Statistics

Arithmetic Mean136,484,790
Geometric Mean63,577,192
Coefficient Of Variation153.64
Mean Deviation141,034,084
Median26,921,000
Standard Deviation209,688,743
Sample Variance43969.4T
Range642.7M
R-Value0.18
Mean Square Error45832.5T
R-Squared0.03
Significance0.52
Slope8,398,275
Total Sum of Squares615571.2T

Old Other Current Assets History

202478.5 M
202382.6 M
202220.2 M
2021188.8 M
2020120.4 M
201989.9 M
2018663 M

About Old Point Financial Statements

Old Point stakeholders use historical fundamental indicators, such as Old Point's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Old Point investors may analyze each financial statement separately, they are all interrelated. For example, changes in Old Point's assets and liabilities are reflected in the revenues and expenses on Old Point's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Old Point Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets82.6 M78.5 M

Currently Active Assets on Macroaxis

When determining whether Old Point Financial is a strong investment it is important to analyze Old Point's 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 Old Point's future performance. For an informed investment choice regarding Old Stock, refer to the following important reports:
Check out the analysis of Old Point Correlation against competitors.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Regional Banks space 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 Old Point. If investors know Old 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 Old Point 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
0.738
Dividend Share
0.56
Earnings Share
1.61
Revenue Per Share
11.771
Quarterly Revenue Growth
0.076
The market value of Old Point Financial is measured differently than its book value, which is the value of Old that is recorded on the company's balance sheet. Investors also form their own opinion of Old Point's value that differs from its market value or its book value, called intrinsic value, which is Old Point'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 Old Point's market value can be influenced by many factors that don't directly affect Old Point'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 Old Point's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old Point is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old Point'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.