Precision Total Current Assets from 2010 to 2024

POCI Stock   4.82  0.21  4.17%   
Precision Optics,'s Total Current Assets are increasing with slightly volatile movements from year to year. Total Current Assets are predicted to flatten to about 3.6 M. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
1991-06-30
Previous Quarter
7.1 M
Current Value
7.5 M
Quarterly Volatility
3.5 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Precision Optics, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Precision Optics,'s main balance sheet or income statement drivers, such as Depreciation And Amortization of 150.6 K, Total Revenue of 20.1 M or Gross Profit of 6.1 M, as well as many indicators such as Price To Sales Ratio of 3.54, Dividend Yield of 0.0 or PTB Ratio of 2.56. Precision financial statements analysis is a perfect complement when working with Precision Optics, Valuation or Volatility modules.
  
Check out the analysis of Precision Optics, Correlation against competitors.
For more detail on how to invest in Precision Stock please use our How to Invest in Precision Optics, guide.

Latest Precision Optics,'s Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Precision Optics, over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Precision Optics,'s Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Precision Optics,'s overall financial position and show how it may be relating to other accounts over time.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Precision Total Current Assets Regression Statistics

Arithmetic Mean3,955,802
Geometric Mean3,283,527
Coefficient Of Variation64.26
Mean Deviation2,111,971
Median2,800,000
Standard Deviation2,542,077
Sample Variance6.5T
Range8.7M
R-Value0.73
Mean Square Error3.2T
R-Squared0.54
Significance0
Slope416,160
Total Sum of Squares90.5T

Precision Total Current Assets History

20243.6 M
20237.1 M
20229.9 M
20216.5 M
20204.8 M
20194.9 M
20186.4 M

About Precision Optics, Financial Statements

Investors use fundamental indicators, such as Precision Optics,'s Total Current Assets, to determine how well the company is positioned to perform in the future. Although Precision Optics,'s investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Total Current Assets7.1 M3.6 M

Currently Active Assets on Macroaxis

When determining whether Precision Optics, offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Precision Optics,'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 Precision Optics, Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Precision Optics, Stock:
Check out the analysis of Precision Optics, Correlation against competitors.
For more detail on how to invest in Precision Stock please use our How to Invest in Precision Optics, guide.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Health Care Equipment & Supplies 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 Precision Optics,. If investors know Precision 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 Precision Optics, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.62)
Revenue Per Share
3.148
Quarterly Revenue Growth
(0.06)
Return On Assets
(0.09)
Return On Equity
(0.27)
The market value of Precision Optics, is measured differently than its book value, which is the value of Precision that is recorded on the company's balance sheet. Investors also form their own opinion of Precision Optics,'s value that differs from its market value or its book value, called intrinsic value, which is Precision Optics,'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 Precision Optics,'s market value can be influenced by many factors that don't directly affect Precision Optics,'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 Precision Optics,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Precision Optics, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Precision Optics,'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.