Overactive Non Current Liabilities Total vs Net Invested Capital 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 Non Current Liabilities Total and its Net Invested Capital 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.
Non Current Liabilities Total vs Net Invested Capital
Non Current Liabilities Total vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Overactive Media Corp Non Current Liabilities Total account and Net Invested Capital. At this time, the significance of the direction appears to have strong relationship.
The correlation between Overactive Media's Non Current Liabilities Total and Net Invested Capital is 0.76. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Net Invested Capital 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 Non Current Liabilities Total and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Overactive Media Corp are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Non Current Liabilities Total i.e., Overactive Media's Non Current Liabilities Total and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Current Liabilities Total
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.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.