Ocean Capital Surpluse from 2010 to 2024

OPTT Stock  USD 0.37  0.08  27.59%   
Ocean Power Capital Surpluse yearly trend continues to be comparatively stable with very little volatility. Capital Surpluse will likely drop to about 235.9 M in 2024. From the period from 2010 to 2024, Ocean Power Capital Surpluse quarterly data regression had r-value of  0.85 and coefficient of variation of  30.75. View All Fundamentals
 
Capital Surpluse  
First Reported
2011-07-31
Previous Quarter
316.2 M
Current Value
324.4 M
Quarterly Volatility
45.1 M
 
Yuan Drop
 
Covid
Check Ocean Power financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ocean Power's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 M, Interest Expense of 3.2 M or Total Revenue of 5.8 M, as well as many indicators such as Price To Sales Ratio of 1.96, Dividend Yield of 0.0 or PTB Ratio of 0.56. Ocean financial statements analysis is a perfect complement when working with Ocean Power Valuation or Volatility modules.
  
Check out the analysis of Ocean Power Correlation against competitors.

Latest Ocean Power's Capital Surpluse Growth Pattern

Below is the plot of the Capital Surpluse of Ocean Power Technologies over the last few years. It is Ocean Power's Capital Surpluse historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ocean Power's overall financial position and show how it may be relating to other accounts over time.
Capital Surpluse10 Years Trend
Slightly volatile
   Capital Surpluse   
       Timeline  

Ocean Capital Surpluse Regression Statistics

Arithmetic Mean230,054,059
Geometric Mean220,876,702
Coefficient Of Variation30.75
Mean Deviation56,580,133
Median208,216,000
Standard Deviation70,731,718
Sample Variance5003T
Range214.8M
R-Value0.85
Mean Square Error1482T
R-Squared0.72
Significance0.000057
Slope13,466,303
Total Sum of Squares70041.7T

Ocean Capital Surpluse History

2024235.9 M
2023373.1 M
2021324.4 M
2020315.8 M
2019231.1 M
2018226 M
2017208.2 M

About Ocean Power Financial Statements

Ocean Power shareholders use historical fundamental indicators, such as Capital Surpluse, to determine how well the company is positioned to perform in the future. Although Ocean Power investors may analyze each financial statement separately, they are all interrelated. The changes in Ocean Power's assets and liabilities, for example, are also reflected in the revenues and expenses on on Ocean Power's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Capital Surpluse373.1 M235.9 M

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Additional Tools for Ocean Stock Analysis

When running Ocean Power's price analysis, check to measure Ocean Power's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ocean Power is operating at the current time. Most of Ocean Power's value examination focuses on studying past and present price action to predict the probability of Ocean Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ocean Power's price. Additionally, you may evaluate how the addition of Ocean Power to your portfolios can decrease your overall portfolio volatility.