Ofal Stock Current Asset

OFAL Stock   1.48  0.02  1.33%   
Fundamental analysis of OFAL allows traders to better anticipate movements in OFAL's stock price by examining its financial health and performance throughout various phases of its business cycle.
The value of Non Current Assets Total is estimated to slide to about 40.1 K. The value of Total Current Assets is estimated to slide to about 291.1 K.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

OFAL Company Current Asset Analysis

OFAL's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Current Asset

 = 

Cash

+

Deposits

+

Liquid Assets

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OFAL Current Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for OFAL is extremely important. It helps to project a fair market value of OFAL Stock properly, considering its historical fundamentals such as Current Asset. Since OFAL's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of OFAL's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of OFAL's interrelated accounts and indicators.
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Click cells to compare fundamentals

OFAL Current Asset Historical Pattern

Today, most investors in OFAL Stock are looking for potential investment opportunities by analyzing not only static indicators but also various OFAL's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of OFAL current asset as a starting point in their analysis.
   OFAL Current Asset   
       Timeline  
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

OFAL Total Assets

Total Assets

331,196

At this time, OFAL's Total Assets are quite stable compared to the past year.
In accordance with the recently published financial statements, OFAL has a Current Asset of 0.0. This is 100.0% lower than that of the Professional Services sector and 100.0% lower than that of the Industrials industry. The current asset for all United States stocks is 100.0% higher than that of the company.

OFAL Current Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses OFAL's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of OFAL could also be used in its relative valuation, which is a method of valuing OFAL by comparing valuation metrics of similar companies.
OFAL is currently under evaluation in current asset category among its peers.

OFAL Fundamentals

About OFAL Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze OFAL's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of OFAL using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of OFAL based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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When determining whether OFAL is a strong investment it is important to analyze OFAL'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 OFAL's future performance. For an informed investment choice regarding OFAL Stock, refer to the following important reports:
Check out OFAL Piotroski F Score and OFAL Altman Z Score analysis.
For more information on how to buy OFAL Stock please use our How to buy in OFAL Stock guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Research & Consulting Services 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 OFAL. If investors know OFAL 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 OFAL listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.02)
Revenue Per Share
0.05
Quarterly Revenue Growth
(0.54)
The market value of OFAL is measured differently than its book value, which is the value of OFAL that is recorded on the company's balance sheet. Investors also form their own opinion of OFAL's value that differs from its market value or its book value, called intrinsic value, which is OFAL'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 OFAL's market value can be influenced by many factors that don't directly affect OFAL'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 OFAL's value and its price as these two are different measures arrived at by different means. Investors typically determine if OFAL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OFAL'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.