Oblong Shareholders Equity Per Share from 2010 to 2024

OBLG Stock  USD 3.56  0.05  1.42%   
Oblong's Shareholders Equity Per Share is decreasing over the last several years with slightly volatile swings. Shareholders Equity Per Share is predicted to flatten to 37.36. During the period from 2010 to 2024 Oblong Inc Shareholders Equity Per Share regressed destribution of quarterly values had coefficient of variationof  76.47 and r-value of (0.46). View All Fundamentals
 
Shareholders Equity Per Share  
First Reported
2010-12-31
Previous Quarter
39.3279714
Current Value
37.36
Quarterly Volatility
955.04326592
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Oblong financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Oblong's main balance sheet or income statement drivers, such as Depreciation And Amortization of 327.8 K, Interest Expense of 26.6 K or Selling General Administrative of 4.6 M, as well as many indicators such as Price To Sales Ratio of 0.28, Dividend Yield of 0.0031 or PTB Ratio of 0.21. Oblong financial statements analysis is a perfect complement when working with Oblong Valuation or Volatility modules.
  
Check out the analysis of Oblong Correlation against competitors.

Latest Oblong's Shareholders Equity Per Share Growth Pattern

Below is the plot of the Shareholders Equity Per Share of Oblong Inc over the last few years. It is Oblong's Shareholders Equity Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Oblong's overall financial position and show how it may be relating to other accounts over time.
Shareholders Equity Per Share10 Years Trend
Slightly volatile
   Shareholders Equity Per Share   
       Timeline  

Oblong Shareholders Equity Per Share Regression Statistics

Arithmetic Mean1,249
Geometric Mean690.63
Coefficient Of Variation76.47
Mean Deviation776.45
Median1,081
Standard Deviation955.04
Sample Variance912,108
Range3.1K
R-Value(0.46)
Mean Square Error772,674
R-Squared0.21
Significance0.08
Slope(98.65)
Total Sum of Squares12.8M

Oblong Shareholders Equity Per Share History

2024 37.36
2023 39.33
2022 70.06
2021 575.84
2020 2385.84
2019 2558.93
2018 854.64

About Oblong Financial Statements

Oblong stakeholders use historical fundamental indicators, such as Oblong's Shareholders Equity Per Share, to determine how well the company is positioned to perform in the future. Although Oblong investors may analyze each financial statement separately, they are all interrelated. For example, changes in Oblong's assets and liabilities are reflected in the revenues and expenses on Oblong's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Oblong Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Shareholders Equity Per Share 39.33  37.36 

Currently Active Assets on Macroaxis

When determining whether Oblong Inc is a strong investment it is important to analyze Oblong's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Oblong's future performance. For an informed investment choice regarding Oblong Stock, refer to the following important reports:
Check out the analysis of Oblong Correlation against competitors.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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 Oblong. If investors know Oblong 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 Oblong 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
(0.46)
Earnings Share
11.14
Revenue Per Share
5.319
Quarterly Revenue Growth
(0.34)
Return On Assets
(0.38)
The market value of Oblong Inc is measured differently than its book value, which is the value of Oblong that is recorded on the company's balance sheet. Investors also form their own opinion of Oblong's value that differs from its market value or its book value, called intrinsic value, which is Oblong'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 Oblong's market value can be influenced by many factors that don't directly affect Oblong'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 Oblong's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oblong is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oblong'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.