Overactive Capital Lease Obligations vs Other Stockholder Equity Analysis
OAM Stock | 0.28 0.01 3.45% |
Overactive Media financial indicator trend analysis is much more than just breaking down Overactive Media Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Overactive Media Corp is a good investment. Please check the relationship between Overactive Media Capital Lease Obligations and its Other Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Overactive Media Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Capital Lease Obligations vs Other Stockholder Equity
Capital Lease Obligations vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Overactive Media Corp Capital Lease Obligations account and Other Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Overactive Media's Capital Lease Obligations and Other Stockholder Equity is 0.88. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Overactive Media Corp, assuming nothing else is changed. The correlation between historical values of Overactive Media's Capital Lease Obligations and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Overactive Media Corp are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Capital Lease Obligations i.e., Overactive Media's Capital Lease Obligations and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Capital Lease Obligations
Overactive Media Corp capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Overactive Media asset purchases. For example, Overactive Media can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Overactive Media control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Other Stockholder Equity
Most indicators from Overactive Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Overactive Media Corp 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 Overactive Media Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Sales General And Administrative To Revenue is likely to climb to 1.96 in 2024, despite the fact that Tax Provision is likely to grow to (494 K).
2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 2.0M | 2.3M | 2.2M | 2.2M | Total Operating Expenses | 28.7M | 64.4M | 24.5M | 38.9M |
Overactive Media fundamental ratios Correlations
Click cells to compare fundamentals
Overactive Media Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Overactive Stock Analysis
When running Overactive Media's price analysis, check to measure Overactive Media'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 Overactive Media is operating at the current time. Most of Overactive Media's value examination focuses on studying past and present price action to predict the probability of Overactive Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Overactive Media's price. Additionally, you may evaluate how the addition of Overactive Media to your portfolios can decrease your overall portfolio volatility.