OLB Income Tax Expense vs Depreciation And Amortization Analysis

OLB Stock  USD 1.89  0.04  2.16%   
OLB financial indicator trend analysis is much more than just breaking down OLB Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OLB Group is a good investment. Please check the relationship between OLB Income Tax Expense and its Depreciation And Amortization accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OLB Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Income Tax Expense vs Depreciation And Amortization

Income Tax Expense vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OLB Group Income Tax Expense account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between OLB's Income Tax Expense and Depreciation And Amortization is -0.53. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of OLB Group, assuming nothing else is changed. The correlation between historical values of OLB's Income Tax Expense and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of OLB Group are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Income Tax Expense i.e., OLB's Income Tax Expense and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery Weak

Income Tax Expense

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from OLB's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OLB Group 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 OLB Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At present, OLB's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 15.3 M, whereas Issuance Of Capital Stock is forecasted to decline to about 20.8 M.
 2021 2022 2023 2024 (projected)
Other Operating Expenses21.5M38.5M54.0M56.8M
Interest Expense116.7K23.5M148.5K141.1K

OLB fundamental ratios Correlations

0.10.820.640.94-0.06-0.580.380.571.00.730.6-0.20.710.860.380.870.51-0.20.810.950.820.080.570.550.38
0.1-0.090.0-0.220.960.1-0.060.250.090.540.23-0.12-0.05-0.190.880.190.53-0.12-0.160.010.081.00.41-0.60.48
0.82-0.090.940.75-0.14-0.890.80.20.840.550.27-0.160.90.960.370.550.36-0.160.680.690.84-0.10.520.670.3
0.640.00.940.51-0.03-0.970.950.090.640.50.17-0.160.920.880.470.40.39-0.150.510.430.83-0.020.540.550.35
0.94-0.220.750.51-0.37-0.480.260.520.940.520.54-0.160.620.830.040.810.32-0.150.840.950.72-0.240.390.690.2
-0.060.96-0.14-0.03-0.370.12-0.05-0.02-0.050.43-0.04-0.08-0.08-0.280.84-0.050.41-0.08-0.21-0.12-0.070.970.29-0.670.38
-0.580.1-0.89-0.97-0.480.12-0.95-0.07-0.59-0.45-0.150.26-0.95-0.88-0.38-0.38-0.320.25-0.5-0.38-0.820.12-0.55-0.57-0.25
0.38-0.060.80.950.26-0.05-0.95-0.050.390.30.04-0.120.820.730.40.180.2-0.120.250.140.7-0.070.420.470.21
0.570.250.20.090.52-0.02-0.07-0.050.530.461.0-0.130.10.320.250.870.5-0.130.170.480.550.230.470.210.43
1.00.090.840.640.94-0.05-0.590.390.530.720.55-0.20.720.870.380.840.49-0.20.820.960.810.070.550.550.36
0.730.540.550.50.520.43-0.450.30.460.720.48-0.260.570.550.710.690.67-0.260.540.630.690.520.77-0.10.48
0.60.230.270.170.54-0.04-0.150.041.00.550.48-0.150.170.380.270.880.51-0.140.180.480.610.220.50.250.45
-0.2-0.12-0.16-0.16-0.16-0.080.26-0.12-0.13-0.2-0.26-0.15-0.33-0.24-0.17-0.19-0.261.0-0.1-0.16-0.18-0.11-0.36-0.01-0.13
0.71-0.050.90.920.62-0.08-0.950.820.10.720.570.17-0.330.930.390.490.41-0.320.70.570.84-0.070.630.550.27
0.86-0.190.960.880.83-0.28-0.880.730.320.870.550.38-0.240.930.260.660.36-0.240.760.740.89-0.210.540.730.26
0.380.880.370.470.040.84-0.380.40.250.380.710.27-0.170.390.260.350.63-0.170.090.210.460.870.61-0.270.57
0.870.190.550.40.81-0.05-0.380.180.870.840.690.88-0.190.490.660.350.63-0.190.610.790.790.170.620.420.49
0.510.530.360.390.320.41-0.320.20.50.490.670.51-0.260.410.360.630.63-0.260.370.410.570.50.710.030.93
-0.2-0.12-0.16-0.15-0.15-0.080.25-0.12-0.13-0.2-0.26-0.141.0-0.32-0.24-0.17-0.19-0.26-0.09-0.16-0.18-0.11-0.360.0-0.13
0.81-0.160.680.510.84-0.21-0.50.250.170.820.540.18-0.10.70.760.090.610.37-0.090.880.63-0.190.370.530.2
0.950.010.690.430.95-0.12-0.380.140.480.960.630.48-0.160.570.740.210.790.41-0.160.880.65-0.010.420.50.26
0.820.080.840.830.72-0.07-0.820.70.550.810.690.61-0.180.840.890.460.790.57-0.180.630.650.050.650.530.47
0.081.0-0.1-0.02-0.240.970.12-0.070.230.070.520.22-0.11-0.07-0.210.870.170.5-0.11-0.19-0.010.050.38-0.610.45
0.570.410.520.540.390.29-0.550.420.470.550.770.5-0.360.630.540.610.620.71-0.360.370.420.650.380.030.46
0.55-0.60.670.550.69-0.67-0.570.470.210.55-0.10.25-0.010.550.73-0.270.420.030.00.530.50.53-0.610.030.07
0.380.480.30.350.20.38-0.250.210.430.360.480.45-0.130.270.260.570.490.93-0.130.20.260.470.450.460.07
Click cells to compare fundamentals

OLB Account Relationship Matchups

OLB fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.9M14.4M45.5M38.7M19.7M20.7M
Short Long Term Debt Total12.9M8.2M406.3K830.2K407.9K387.5K
Other Current Liab1.1M103.6K3.1M2.7M3.4M3.6M
Total Current Liabilities2.5M999.2K3.1M3.6M7.2M7.6M
Total Stockholder Equity(2.8M)5.8M42.2M34.6M12.2M12.8M
Net Debt12.4M4.3M(3.1M)396.2K228.9K217.4K
Retained Earnings(18.9M)(20.6M)(25.6M)(33.4M)(56.6M)(53.7M)
Accounts Payable592.9K360.0K501.8K513.3K3.5M3.7M
Cash507.6K3.8M3.5M434.0K179.0K170.1K
Non Current Assets Total10.8M10.2M40.6M35.3M17.9M18.8M
Non Currrent Assets Other526.8K384.1K451.9K502.9K396.0K210.3K
Cash And Short Term Investments507.6K3.8M3.5M434.0K452.7K539.4K
Common Stock Total Equity2.0K16.2K541.0617.0555.3527.54
Common Stock Shares Outstanding545.3K571.1K791.8K1.5M1.5M1.6M
Liabilities And Stockholders Equity11.9M14.4M45.5M38.7M19.7M20.7M
Other Stockholder Equity16.1M26.4M67.0M68.0M68.8M72.2M
Total Liab14.7M8.6M3.3M4.0M7.4M7.8M
Total Current Assets1.1M4.2M4.9M3.4M1.8M982.6K
Short Term Debt711.5K535.6K266.4K432.4K258.8K224.7K
Common Stock541.0617.01.2K1.5K1.5K1.4K
Other Current Assets108.3K24.5K744.4K1.9M497.0K419.9K
Intangible Assets3.3M2.6M19.7M20.3M3.5M5.0M
Current Deferred Revenue(25K)99.6K416.2K418.6K481.4K505.5K
Non Current Liabilities Total12.2M7.6M273.2K397.8K149.0K141.6K
Other Assets526.8K653.7K451.9K502.9K578.4K460.0K
Net Tangible Assets(13.0M)(3.7M)11.4M7.5M8.6M9.0M
Short Long Term Debt25K711.5K450K298.1K258.8K300.1K
Net Receivables479.4K356.0K670.8K1.1M870.9K752.4K
Net Invested Capital10.1M13.6M42.2M35.2M12.6M19.6M
Net Working Capital(1.4M)3.2M1.8M(230.0K)(5.4M)(5.1M)
Property Plant Equipment36.7K289.3K9.4M7.6M8.7M9.2M
Property Plant And Equipment Net36.7K289.3K13.7M7.6M5.9M5.0M
Inventory16.7K15.8K15.1K582.1K1.00.95
Property Plant And Equipment Gross36.7K289.3K15.0M12.0M11.5M7.1M
Capital Stock541.0663.01.2K1.5K1.5K2.9K

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether OLB Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OLB's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Olb Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Olb Group Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OLB Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Application Software 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 OLB. If investors know OLB 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 OLB listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(7.22)
Revenue Per Share
13.714
Quarterly Revenue Growth
(0.58)
Return On Assets
(0.30)
Return On Equity
(1.25)
The market value of OLB Group is measured differently than its book value, which is the value of OLB that is recorded on the company's balance sheet. Investors also form their own opinion of OLB's value that differs from its market value or its book value, called intrinsic value, which is OLB'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 OLB's market value can be influenced by many factors that don't directly affect OLB'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 OLB's value and its price as these two are different measures arrived at by different means. Investors typically determine if OLB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OLB'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.