OLB Total Stockholder Equity vs Total Current Assets Analysis
OLB Stock | USD 1.85 0.16 7.96% |
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 Total Stockholder Equity and its Total Current Assets 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.
Total Stockholder Equity vs Total Current Assets
Total Stockholder Equity vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OLB Group Total Stockholder Equity account and Total Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between OLB's Total Stockholder Equity and Total Current Assets is 0.81. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Current Assets 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 Total Stockholder Equity and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of OLB Group are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Stockholder Equity i.e., OLB's Total Stockholder Equity and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.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 Expenses | 21.5M | 38.5M | 41.1M | 43.2M | Interest Expense | 116.7K | 23.5M | 148.5K | 141.1K |
OLB fundamental ratios Correlations
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OLB Account Relationship Matchups
High Positive Relationship
High Negative Relationship
OLB fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 11.9M | 14.4M | 45.5M | 38.7M | 19.7M | 20.7M | |
Short Long Term Debt Total | 12.9M | 8.2M | 406.3K | 830.2K | 407.9K | 387.5K | |
Other Current Liab | 1.1M | 103.6K | 2M | 2.7M | 3.0M | 3.2M | |
Total Current Liabilities | 2.5M | 999.2K | 3.1M | 3.6M | 7.2M | 7.6M | |
Total Stockholder Equity | (2.8M) | 5.8M | 42.2M | 34.6M | 12.2M | 12.8M | |
Net Debt | 12.4M | 4.3M | (3.1M) | 396.2K | 228.9K | 217.4K | |
Retained Earnings | (18.9M) | (20.6M) | (25.6M) | (33.4M) | (56.6M) | (53.7M) | |
Accounts Payable | 592.9K | 360.0K | 501.8K | 513.3K | 3.5M | 3.7M | |
Cash | 507.6K | 3.8M | 3.5M | 434.0K | 179.0K | 170.1K | |
Non Current Assets Total | 10.8M | 10.2M | 40.6M | 35.3M | 17.9M | 18.8M | |
Non Currrent Assets Other | 526.8K | 384.1K | 451.9K | 502.9K | 396.0K | 210.3K | |
Cash And Short Term Investments | 507.6K | 3.8M | 3.5M | 434.0K | 452.7K | 539.4K | |
Common Stock Total Equity | 2.0K | 16.2K | 541.0 | 617.0 | 555.3 | 527.54 | |
Common Stock Shares Outstanding | 545.3K | 571.1K | 791.8K | 1.5M | 1.5M | 1.6M | |
Liabilities And Stockholders Equity | 11.9M | 14.4M | 45.5M | 38.7M | 19.7M | 20.7M | |
Other Stockholder Equity | 16.1M | 26.4M | 67.8M | 68.0M | 68.8M | 72.2M | |
Total Liab | 14.7M | 8.6M | 3.3M | 4.0M | 7.4M | 7.8M | |
Total Current Assets | 1.1M | 4.2M | 4.9M | 3.4M | 1.8M | 982.6K | |
Short Term Debt | 711.5K | 535.6K | 133.2K | 432.4K | 258.8K | 212.5K | |
Common Stock | 541.0 | 617.0 | 1.2K | 1.5K | 1.5K | 1.4K | |
Other Current Assets | 108.3K | 8.8K | 729.4K | 1.3M | 497.0K | 344.9K | |
Intangible Assets | 3.3M | 2.6M | 19.7M | 20.3M | 3.5M | 5.0M | |
Current Deferred Revenue | (25K) | 99.6K | 416.2K | 418.6K | 481.4K | 505.5K | |
Non Current Liabilities Total | 12.2M | 7.6M | 273.2K | 397.8K | 149.0K | 141.6K | |
Other Assets | 526.8K | 653.7K | 451.9K | 502.9K | 578.4K | 460.0K | |
Net Tangible Assets | (13.0M) | (3.7M) | 11.4M | 7.5M | 8.6M | 9.0M | |
Short Long Term Debt | 25K | 711.5K | 450K | 298.1K | 258.8K | 300.1K | |
Net Receivables | 479.4K | 356.0K | 670.8K | 1.1M | 870.9K | 752.4K | |
Net Invested Capital | 10.1M | 13.6M | 42.2M | 35.2M | 12.6M | 19.6M | |
Net Working Capital | (1.4M) | 3.2M | 1.8M | (230.0K) | (5.4M) | (5.1M) | |
Property Plant Equipment | 36.7K | 289.3K | 9.4M | 7.6M | 8.7M | 9.2M | |
Property Plant And Equipment Net | 36.7K | 289.3K | 13.7M | 7.6M | 5.9M | 5.0M | |
Inventory | 16.7K | 15.8K | 15.1K | 582.1K | 1.0 | 0.95 | |
Property Plant And Equipment Gross | 36.7K | 289.3K | 15.0M | 12.0M | 11.5M | 7.1M | |
Capital Stock | 541.0 | 663.0 | 1.2K | 1.5K | 1.5K | 2.9K |
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 Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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.