OneSpan Net Invested Capital vs Capital Surpluse Analysis

OSPN Stock

USD 17.32 0.27 1.53%

OneSpan financial indicator trend analysis is much more than just breaking down OneSpan prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OneSpan is a good investment. Please check the relationship between OneSpan Net Invested Capital and its Capital Surpluse accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneSpan. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

To learn how to invest in OneSpan Stock, please use our How to Invest in OneSpan guide.

Net Invested Capital vs Capital Surpluse

Net Invested Capital vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OneSpan Net Invested Capital account and Capital Surpluse. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between OneSpan's Net Invested Capital and Capital Surpluse is -0.61. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of OneSpan, assuming nothing else is changed. The correlation between historical values of OneSpan's Net Invested Capital and Capital Surpluse 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 Invested Capital of OneSpan are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Net Invested Capital i.e., OneSpan's Net Invested Capital and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

-0.61

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Capital Surpluse

Most indicators from OneSpan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OneSpan 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 OneSpan. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

To learn how to invest in OneSpan Stock, please use our How to Invest in OneSpan guide.As of the 7th of November 2024, Enterprise Value is likely to grow to about 918.8 M, while Selling General Administrative is likely to drop about 33.4 M.

	2021	2022	2023	2024 (projected)
Gross Profit	142.9M	148.6M	155.4M	92.9M
Total Revenue	214.5M	219.0M	235.1M	139.5M

Gross Profit Total Revenue

OneSpan fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Total Assets		0.06	0.65	0.58	0.95	0.41	-0.33	0.96	0.29	0.35	0.82	0.46	0.66	0.7	0.75	0.73	0.77	0.62	0.23	0.31	0.18	0.68	0.26	0.9	-0.23	0.76
Short Long Term Debt Total	0.06		-0.4	-0.74	0.21	-0.61	-0.27	0.24	-0.86	0.17	-0.32	-0.51	0.31	-0.52	-0.44	-0.23	-0.18	0.08	0.2	-0.84	-0.07	-0.57	-0.74	0.15	0.28	-0.13
Other Current Liab	0.65	-0.4		0.76	0.47	0.69	0.14	0.5	0.48	-0.06	0.88	0.71	0.07	0.84	0.91	0.41	0.4	0.75	-0.27	0.67	-0.12	0.88	0.63	0.37	-0.84	0.36
Total Current Liabilities	0.58	-0.74	0.76		0.39	0.84	0.13	0.39	0.84	-0.04	0.83	0.76	0.07	0.9	0.87	0.62	0.56	0.41	-0.12	0.93	0.14	0.94	0.85	0.38	-0.43	0.51
Total Stockholder Equity	0.95	0.21	0.47	0.39		0.18	-0.49	0.99	0.16	0.48	0.68	0.23	0.83	0.52	0.58	0.73	0.81	0.44	0.42	0.1	0.19	0.46	0.04	0.95	-0.03	0.83
Property Plant And Equipment Net	0.41	-0.61	0.69	0.84	0.18		0.23	0.18	0.66	-0.08	0.73	0.79	-0.19	0.84	0.79	0.4	0.34	0.58	-0.24	0.82	0.25	0.88	0.96	0.16	-0.49	0.28
Net Debt	-0.33	-0.27	0.14	0.13	-0.49	0.23		-0.39	-0.05	-0.98	0.13	0.05	-0.68	0.0	0.16	-0.51	-0.61	0.15	-0.8	0.39	-0.23	0.17	0.31	-0.65	-0.34	-0.65
Retained Earnings	0.96	0.24	0.5	0.39	0.99	0.18	-0.39		0.12	0.38	0.71	0.22	0.78	0.5	0.6	0.65	0.72	0.5	0.34	0.11	0.15	0.48	0.03	0.91	-0.09	0.74
Accounts Payable	0.29	-0.86	0.48	0.84	0.16	0.66	-0.05	0.12		0.13	0.47	0.5	0.01	0.66	0.55	0.59	0.52	0.0	0.14	0.82	0.26	0.67	0.75	0.24	-0.18	0.45
Cash	0.35	0.17	-0.06	-0.04	0.48	-0.08	-0.98	0.38	0.13		-0.05	0.07	0.64	0.1	-0.07	0.52	0.62	-0.07	0.77	-0.29	0.28	-0.06	-0.18	0.64	0.27	0.67
Non Current Assets Total	0.82	-0.32	0.88	0.83	0.68	0.73	0.13	0.71	0.47	-0.05		0.65	0.25	0.88	0.98	0.55	0.56	0.71	-0.13	0.69	0.02	0.91	0.64	0.55	-0.54	0.53
Non Currrent Assets Other	0.46	-0.51	0.71	0.76	0.23	0.79	0.05	0.22	0.5	0.07	0.65		-0.02	0.81	0.7	0.39	0.34	0.66	-0.2	0.7	0.06	0.85	0.74	0.29	-0.57	0.31
Cash And Short Term Investments	0.66	0.31	0.07	0.07	0.83	-0.19	-0.68	0.78	0.01	0.64	0.25	-0.02		0.12	0.13	0.55	0.69	0.11	0.55	-0.21	0.36	0.09	-0.3	0.89	0.27	0.75
Net Receivables	0.7	-0.52	0.84	0.9	0.52	0.84	0.0	0.5	0.66	0.1	0.88	0.81	0.12		0.89	0.63	0.62	0.64	-0.11	0.77	-0.03	0.95	0.79	0.49	-0.49	0.57
Good Will	0.75	-0.44	0.91	0.87	0.58	0.79	0.16	0.6	0.55	-0.07	0.98	0.7	0.13	0.89		0.53	0.52	0.67	-0.18	0.77	0.01	0.94	0.72	0.45	-0.62	0.48
Common Stock Total Equity	0.73	-0.23	0.41	0.62	0.73	0.4	-0.51	0.65	0.59	0.52	0.55	0.39	0.55	0.63	0.53		0.96	0.12	0.53	0.44	0.31	0.53	0.39	0.78	0.04	0.92
Common Stock Shares Outstanding	0.77	-0.18	0.4	0.56	0.81	0.34	-0.61	0.72	0.52	0.62	0.56	0.34	0.69	0.62	0.52	0.96		0.16	0.54	0.33	0.31	0.5	0.3	0.86	0.08	0.99
Non Current Liabilities Total	0.62	0.08	0.75	0.41	0.44	0.58	0.15	0.5	0.0	-0.07	0.71	0.66	0.11	0.64	0.67	0.12	0.16		-0.36	0.28	-0.02	0.69	0.39	0.36	-0.68	0.14
Inventory	0.23	0.2	-0.27	-0.12	0.42	-0.24	-0.8	0.34	0.14	0.77	-0.13	-0.2	0.55	-0.11	-0.18	0.53	0.54	-0.36		-0.26	0.28	-0.24	-0.23	0.51	0.54	0.57
Other Current Assets	0.31	-0.84	0.67	0.93	0.1	0.82	0.39	0.11	0.82	-0.29	0.69	0.7	-0.21	0.77	0.77	0.44	0.33	0.28	-0.26		0.09	0.85	0.91	0.07	-0.47	0.26
Other Stockholder Equity	0.18	-0.07	-0.12	0.14	0.19	0.25	-0.23	0.15	0.26	0.28	0.02	0.06	0.36	-0.03	0.01	0.31	0.31	-0.02	0.28	0.09		0.1	0.19	0.31	0.24	0.32
Total Liab	0.68	-0.57	0.88	0.94	0.46	0.88	0.17	0.48	0.67	-0.06	0.91	0.85	0.09	0.95	0.94	0.53	0.5	0.69	-0.24	0.85	0.1		0.82	0.43	-0.59	0.45
Property Plant And Equipment Gross	0.26	-0.74	0.63	0.85	0.04	0.96	0.31	0.03	0.75	-0.18	0.64	0.74	-0.3	0.79	0.72	0.39	0.3	0.39	-0.23	0.91	0.19	0.82		0.02	-0.46	0.22
Total Current Assets	0.9	0.15	0.37	0.38	0.95	0.16	-0.65	0.91	0.24	0.64	0.55	0.29	0.89	0.49	0.45	0.78	0.86	0.36	0.51	0.07	0.31	0.43	0.02		0.07	0.88
Short Term Debt	-0.23	0.28	-0.84	-0.43	-0.03	-0.49	-0.34	-0.09	-0.18	0.27	-0.54	-0.57	0.27	-0.49	-0.62	0.04	0.08	-0.68	0.54	-0.47	0.24	-0.59	-0.46	0.07		0.11
Common Stock	0.76	-0.13	0.36	0.51	0.83	0.28	-0.65	0.74	0.45	0.67	0.53	0.31	0.75	0.57	0.48	0.92	0.99	0.14	0.57	0.26	0.32	0.45	0.22	0.88	0.11

Click cells to compare fundamentals

OneSpan Account Relationship Matchups

OneSpan fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	384.6M	375.2M	342.3M	335.1M	289.2M	187.7M
Other Current Liab	30.3M	23.3M	23.8M	26.6M	26.0M	27.3M
Total Current Liabilities	74.1M	75.3M	89.1M	110.8M	114.8M	120.6M
Total Stockholder Equity	264.0M	257.3M	219.8M	203.3M	159.1M	133.0M
Property Plant And Equipment Net	22.0M	23.2M	20.0M	20.7M	24.9M	26.1M
Net Debt	(73.0M)	(76.0M)	(53.2M)	(88.1M)	(34.7M)	(36.4M)
Retained Earnings	181.2M	173.7M	143.2M	128.7M	98.9M	64.2M
Accounts Payable	10.8M	5.7M	8.2M	17.4M	17.5M	18.3M
Cash	84.3M	88.4M	63.4M	96.5M	43.5M	57.2M
Non Current Assets Total	173.0M	168.0M	155.2M	137.5M	142.8M	150.0M
Non Currrent Assets Other	8.7M	11.2M	13.8M	11.1M	11.7M	12.3M
Cash And Short Term Investments	109.8M	115.3M	98.5M	98.8M	43.5M	70.9M
Net Receivables	69.5M	64.7M	61.3M	69.7M	69.5M	73.0M
Good Will	94.6M	97.6M	96.2M	90.5M	93.7M	98.4M
Common Stock Shares Outstanding	40.1M	40.0M	39.6M	40.1M	40.2M	39.2M
Liabilities And Stockholders Equity	384.6M	375.2M	342.3M	335.1M	289.2M	187.7M
Non Current Liabilities Total	46.4M	42.6M	33.4M	21.0M	15.2M	11.7M
Inventory	19.8M	13.1M	10.3M	12.1M	15.6M	11.6M
Other Current Assets	6.3M	6.3M	9.4M	10.8M	17.7M	18.6M
Other Stockholder Equity	96.1M	93.8M	87.7M	89.1M	71.2M	63.4M
Total Liab	120.5M	117.9M	122.5M	131.8M	130.1M	136.6M
Property Plant And Equipment Gross	22.0M	23.2M	20.0M	20.7M	38.4M	40.3M
Total Current Assets	211.6M	207.2M	187.1M	197.5M	146.3M	122.8M
Accumulated Other Comprehensive Income	(13.3M)	(10.2M)	(11.2M)	(14.6M)	(11.1M)	(10.5M)
Short Term Debt	2.6M	2.9M	2.5M	2.3M	2.0M	1.9M
Current Deferred Revenue	30.3M	43.4M	54.6M	64.6M	69.3M	72.8M
Intangible Assets	36.2M	27.2M	21.3M	12.5M	10.8M	15.5M
Other Assets	20.1M	31.4M	17.8M	13.8M	1.0	0.95
Property Plant Equipment	11.5M	11.8M	20.0M	20.7M	23.8M	25.0M
Other Liab	35.1M	30.2M	23.2M	12.5M	14.4M	10.7M
Short Term Investments	79.7M	22.8M	25.5M	26.9M	35.1M	2.3M
Net Tangible Assets	133.2M	132.6M	102.3M	100.3M	90.3M	104.6M
Retained Earnings Total Equity	172.4M	181.2M	173.7M	143.2M	164.6M	153.8M
Capital Surpluse	96.1M	98.8M	100.3M	107.3M	123.4M	97.9M
Deferred Long Term Liab	2.7M	4.6M	1.9M	1.3M	1.5M	1.4M
Non Current Liabilities Other	41.8M	40.6M	32.1M	1.2M	3.2M	3.0M

Pair Trading with OneSpan

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if OneSpan position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in OneSpan will appreciate offsetting losses from the drop in the long position's value.

Moving against OneSpan Stock

0.34

FAAS

DigiAsia Corp Symbol Change

Pair Corr

The ability to find closely correlated positions to OneSpan could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace OneSpan when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back OneSpan - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling OneSpan to buy it.

The correlation of OneSpan is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as OneSpan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OneSpan moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for OneSpan can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether OneSpan offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OneSpan'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 Onespan Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Onespan Stock:

How To Invest In OneSpan

Details

Is OneSpan Stock a good investment?

Details

What is OneSpan's Net Worth?

Details

Largest Systems Software Companies

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Largest Software - Infrastructure Companies

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneSpan. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

To learn how to invest in OneSpan Stock, please use our How to Invest in OneSpan guide.

You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Is Systems 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 OneSpan. If investors know OneSpan 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 OneSpan 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

0.27

Earnings Share

0.79

Revenue Per Share

6.356

Quarterly Revenue Growth

(0.04)

Return On Assets

0.0972

The market value of OneSpan is measured differently than its book value, which is the value of OneSpan that is recorded on the company's balance sheet. Investors also form their own opinion of OneSpan's value that differs from its market value or its book value, called intrinsic value, which is OneSpan'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 OneSpan's market value can be influenced by many factors that don't directly affect OneSpan'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 OneSpan's value and its price as these two are different measures arrived at by different means. Investors typically determine if OneSpan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OneSpan'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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OneSpan Net Invested Capital vs Capital Surpluse Analysis

Net Invested Capital vs Capital Surpluse

Net Invested Capital vs Capital Surpluse Correlation Analysis

Correlation Coefficient

Net Invested Capital

Capital Surpluse

OneSpan fundamental ratios Correlations

OneSpan Account Relationship Matchups

High Positive Relationship

High Negative Relationship

OneSpan fundamental ratios Accounts

Pair Trading with OneSpan

Moving against OneSpan Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 0.99	Total Stockholder Equity
Common Stock	+ 0.99	Common Stock Shares Outstanding
Good Will	+ 0.98	Non Current Assets Total
Retained Earnings	+ 0.96	Total Assets
Property Plant And Equipment Gross	+ 0.96	Property Plant And Equipment Net
Common Stock Shares Outstanding	+ 0.96	Common Stock Total Equity

Cash	- 0.98	Net Debt
Accounts Payable	- 0.86	Short Long Term Debt Total
Short Term Debt	- 0.84	Other Current Liab
Other Current Assets	- 0.84	Short Long Term Debt Total
Inventory	- 0.8	Net Debt
Property Plant And Equipment Gross	- 0.74	Short Long Term Debt Total