Okeanis Change To Inventory from 2010 to 2024

ECO Stock   19.97  0.78  4.06%   
Okeanis Eco Change To Inventory yearly trend continues to be very stable with very little volatility. Change To Inventory is likely to grow to about -7.9 M this year. Change To Inventory is the increase or decrease in the amount of inventory Okeanis Eco Tankers has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
2010-12-31
Previous Quarter
-8.3 M
Current Value
-7.9 M
Quarterly Volatility
3.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Okeanis Eco financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Okeanis Eco's main balance sheet or income statement drivers, such as Depreciation And Amortization of 34.9 M, Interest Expense of 37.2 M or Total Revenue of 237 M, as well as many indicators such as Price To Sales Ratio of 2.1, Dividend Yield of 0.14 or PTB Ratio of 2.29. Okeanis financial statements analysis is a perfect complement when working with Okeanis Eco Valuation or Volatility modules.
  
Check out the analysis of Okeanis Eco Correlation against competitors.

Latest Okeanis Eco's Change To Inventory Growth Pattern

Below is the plot of the Change To Inventory of Okeanis Eco Tankers over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. Okeanis Eco's Change To Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Okeanis Eco's overall financial position and show how it may be relating to other accounts over time.
Change To Inventory10 Years Trend
Slightly volatile
   Change To Inventory   
       Timeline  

Okeanis Change To Inventory Regression Statistics

Arithmetic Mean(2,230,588)
Geometric Mean899,122
Coefficient Of Variation(142.05)
Mean Deviation2,696,693
Median(318,406)
Standard Deviation3,168,621
Sample Variance10T
Range9.1M
R-Value(0.76)
Mean Square Error4.5T
R-Squared0.58
Significance0.0009
Slope(541,700)
Total Sum of Squares140.6T

Okeanis Change To Inventory History

2024-7.9 M
2023-8.3 M
2022-4.4 M
2021-6.9 M
2020785 K
2019-3.9 M

About Okeanis Eco Financial Statements

Okeanis Eco investors utilize fundamental indicators, such as Change To Inventory, to predict how Okeanis Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Change To Inventory-8.3 M-7.9 M
When determining whether Okeanis Eco Tankers offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Okeanis Eco'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 Okeanis Eco Tankers Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Okeanis Eco Tankers Stock:
Check out the analysis of Okeanis Eco Correlation against competitors.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Marine Transportation 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 Okeanis Eco. If investors know Okeanis 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 Okeanis Eco 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
(0.25)
Earnings Share
3.63
Revenue Per Share
12.416
Quarterly Revenue Growth
(0.05)
Return On Assets
0.095
The market value of Okeanis Eco Tankers is measured differently than its book value, which is the value of Okeanis that is recorded on the company's balance sheet. Investors also form their own opinion of Okeanis Eco's value that differs from its market value or its book value, called intrinsic value, which is Okeanis Eco'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 Okeanis Eco's market value can be influenced by many factors that don't directly affect Okeanis Eco'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 Okeanis Eco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Okeanis Eco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Okeanis Eco'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.