Ooma Net Receivables vs Total Assets Analysis

OOMA Stock  USD 13.39  0.02  0.15%   
Ooma financial indicator trend analysis is much more than just breaking down Ooma Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ooma Inc is a good investment. Please check the relationship between Ooma Net Receivables and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ooma Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Net Receivables vs Total Assets

Net Receivables vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ooma Inc Net Receivables account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ooma's Net Receivables and Total Assets is 0.93. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Assets in the same time period over historical financial statements of Ooma Inc, assuming nothing else is changed. The correlation between historical values of Ooma's Net Receivables and Total 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 Net Receivables of Ooma Inc are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Receivables i.e., Ooma's Net Receivables and Total Assets go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Receivables

Total Assets

Total assets refers to the total amount of Ooma assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Ooma Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Ooma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ooma 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 Ooma Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At present, Ooma's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 37.07, whereas Selling General Administrative is forecasted to decline to about 17.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit118.4M137.6M147.2M84.3M
Total Revenue192.3M216.2M236.7M143.7M

Ooma fundamental ratios Correlations

0.890.570.920.930.81-0.560.80.820.23-0.940.760.430.740.840.620.290.75-0.450.80.840.990.20.830.720.81
0.890.640.970.930.92-0.590.840.890.12-0.890.670.670.790.820.480.440.93-0.470.830.860.920.170.850.860.64
0.570.640.640.570.59-0.270.880.550.75-0.630.350.330.920.80.01-0.110.710.270.640.820.530.60.840.370.29
0.920.970.640.960.87-0.530.850.910.15-0.930.680.650.80.850.540.350.91-0.430.830.880.930.250.870.790.63
0.930.930.570.960.86-0.520.810.910.06-0.960.820.680.750.860.670.370.83-0.490.850.860.930.190.840.80.67
0.810.920.590.870.86-0.650.80.910.06-0.890.610.630.760.750.360.630.81-0.60.640.840.88-0.120.80.940.67
-0.56-0.59-0.27-0.53-0.52-0.65-0.61-0.360.120.62-0.51-0.52-0.57-0.62-0.4-0.21-0.440.4-0.44-0.66-0.570.12-0.62-0.48-0.25
0.80.840.880.850.810.8-0.610.730.45-0.870.60.570.970.960.390.070.83-0.070.790.970.780.431.00.590.42
0.820.890.550.910.910.91-0.360.730.05-0.880.580.610.670.710.480.610.83-0.580.670.760.87-0.010.750.910.71
0.230.120.750.150.060.060.120.450.05-0.18-0.03-0.370.550.36-0.35-0.450.180.610.20.370.140.620.4-0.180.17
-0.94-0.89-0.63-0.93-0.96-0.890.62-0.87-0.88-0.18-0.75-0.57-0.82-0.9-0.59-0.35-0.770.46-0.75-0.91-0.95-0.13-0.89-0.77-0.71
0.760.670.350.680.820.61-0.510.60.58-0.03-0.750.540.560.710.710.170.5-0.390.820.670.740.180.640.570.57
0.430.670.330.650.680.63-0.520.570.61-0.37-0.570.540.50.620.550.320.72-0.360.630.590.460.10.590.630.04
0.740.790.920.80.750.76-0.570.970.670.55-0.820.560.50.940.230.00.780.030.740.970.710.480.950.510.39
0.840.820.80.850.860.75-0.620.960.710.36-0.90.710.620.940.54-0.010.8-0.090.850.970.790.470.970.550.44
0.620.480.010.540.670.36-0.40.390.48-0.35-0.590.710.550.230.540.110.41-0.430.640.420.580.110.470.410.34
0.290.44-0.110.350.370.63-0.210.070.61-0.45-0.350.170.320.0-0.010.110.29-0.890.020.120.44-0.750.080.820.54
0.750.930.710.910.830.81-0.440.830.830.18-0.770.50.720.780.80.410.29-0.260.790.810.770.340.840.740.41
-0.45-0.470.27-0.43-0.49-0.60.4-0.07-0.580.610.46-0.39-0.360.03-0.09-0.43-0.89-0.26-0.13-0.17-0.560.72-0.12-0.77-0.61
0.80.830.640.830.850.64-0.440.790.670.2-0.750.820.630.740.850.640.020.79-0.130.820.760.530.810.570.45
0.840.860.820.880.860.84-0.660.970.760.37-0.910.670.590.970.970.420.120.81-0.170.820.820.360.960.640.51
0.990.920.530.930.930.88-0.570.780.870.14-0.950.740.460.710.790.580.440.77-0.560.760.820.070.80.820.84
0.20.170.60.250.19-0.120.120.43-0.010.62-0.130.180.10.480.470.11-0.750.340.720.530.360.070.42-0.29-0.19
0.830.850.840.870.840.8-0.621.00.750.4-0.890.640.590.950.970.470.080.84-0.120.810.960.80.420.610.44
0.720.860.370.790.80.94-0.480.590.91-0.18-0.770.570.630.510.550.410.820.74-0.770.570.640.82-0.290.610.69
0.810.640.290.630.670.67-0.250.420.710.17-0.710.570.040.390.440.340.540.41-0.610.450.510.84-0.190.440.69
Click cells to compare fundamentals

Ooma Account Relationship Matchups

Ooma fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding21.1M22.4M23.5M24.5M25.6M19.9M
Total Assets80.5M89.1M109.3M131.0M159.3M92.0M
Short Long Term Debt Total5.0M2.8M14.5M14.0M29.7M31.2M
Other Current Liab19.3M18.9M19.6M23.1M26.6M17.8M
Total Current Liabilities46.9M46.7M46.9M57.4M51.5M44.9M
Total Stockholder Equity28.4M39.6M51.1M63.1M78.1M82.0M
Other Liab174K75K73K31K27.9K26.5K
Property Plant And Equipment Net13.2M11.1M20.9M20.7M26.9M28.3M
Current Deferred Revenue15.8M16.4M16.6M17.2M17.0M16.9M
Net Debt(6.7M)(14.5M)(5.2M)(10.1M)12.1M12.7M
Retained Earnings(124.6M)(127.0M)(128.8M)(132.4M)(133.3M)(139.9M)
Accounts Payable8.5M7.5M7.5M13.5M7.8M8.0M
Cash11.7M17.3M19.7M24.1M17.5M15.7M
Non Current Assets Total32.4M33.1M43.2M56.4M95.6M100.4M
Non Currrent Assets Other8.2M12.2M13.9M16.6M17.6M18.5M
Other Assets8.2M12.2M13.9M16.6M1.00.95
Cash And Short Term Investments26.1M28.3M31.3M26.9M17.5M25.4M
Net Receivables4.6M5.2M7.3M7.1M9.9M5.7M
Liabilities And Stockholders Equity80.5M89.1M109.3M131.0M159.3M92.0M
Non Current Liabilities Total5.2M2.9M11.3M10.5M29.7M31.2M
Inventory8.4M12.2M13.8M26.2M19.8M12.0M
Other Current Assets9.0M13.4M11.8M17.1M20.7M21.7M
Other Stockholder Equity153.0M166.6M179.9M195.6M211.4M135.2M
Total Liab52.0M49.5M58.2M67.9M81.2M59.2M
Property Plant And Equipment Gross13.3M11.1M20.9M20.7M23.8M25.0M
Total Current Assets48.0M56.0M66.0M74.6M63.7M61.2M
Accumulated Other Comprehensive Income14K7K(20K)(23K)(1K)(1.1K)
Short Term Debt3.3M3.8M3.3M3.6M3.7M3.2M
Intangible Assets6.8M5.5M4.2M10.5M28.0M29.3M
Property Plant Equipment13.3M11.1M20.9M8.0M9.2M8.3M
Net Tangible Assets17.3M29.8M42.6M44.0M50.6M27.6M
Good Will1.9M3.9M4.3M8.7M23.1M24.2M
Short Term Investments14.4M11.0M11.6M2.7M2.5M2.3M
Deferred Long Term Liab3.4M7.4M11.5M13.2M15.2M16.0M
Retained Earnings Total Equity(124.6M)(127.0M)(128.8M)(132.4M)(119.2M)(125.2M)
Capital Surpluse153.0M166.6M179.9M195.6M224.9M163.3M
Non Current Liabilities Other174K75K73K31K27.9K26.5K
Net Invested Capital28.4M39.6M51.1M63.1M72.6M46.3M

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 Ooma Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ooma'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 Ooma Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ooma Inc Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ooma Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Diversified Telecommunication 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 Ooma. If investors know Ooma 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 Ooma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.19)
Revenue Per Share
9.506
Quarterly Revenue Growth
0.099
Return On Assets
(0.02)
Return On Equity
(0.07)
The market value of Ooma Inc is measured differently than its book value, which is the value of Ooma that is recorded on the company's balance sheet. Investors also form their own opinion of Ooma's value that differs from its market value or its book value, called intrinsic value, which is Ooma'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 Ooma's market value can be influenced by many factors that don't directly affect Ooma'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 Ooma's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ooma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ooma'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.