Ocean Pe Ratio vs Ev To Operating Cash Flow Analysis
| OCEAW Stock | 0.04 0 9.77% |
Ocean Biomedical financial indicator trend analysis is much more than just breaking down Ocean Biomedical prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ocean Biomedical is a good investment. Please check the relationship between Ocean Biomedical Pe Ratio and its Ev To Operating Cash Flow accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ocean Biomedical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Ocean Stock please use our How to Invest in Ocean Biomedical guide.
Pe Ratio vs Ev To Operating Cash Flow
Pe Ratio vs Ev To Operating Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ocean Biomedical Pe Ratio account and Ev To Operating Cash Flow. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ocean Biomedical's Pe Ratio and Ev To Operating Cash Flow is 0.92. Overlapping area represents the amount of variation of Pe Ratio that can explain the historical movement of Ev To Operating Cash Flow in the same time period over historical financial statements of Ocean Biomedical, assuming nothing else is changed. The correlation between historical values of Ocean Biomedical's Pe Ratio and Ev To Operating Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pe Ratio of Ocean Biomedical are associated (or correlated) with its Ev To Operating Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Operating Cash Flow has no effect on the direction of Pe Ratio i.e., Ocean Biomedical's Pe Ratio and Ev To Operating Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.92 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Pe Ratio
Ev To Operating Cash Flow
A valuation metric comparing the company's enterprise value to its operating cash flow, indicating how many dollars of EV are generated for each dollar of operating cash flows.Most indicators from Ocean Biomedical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ocean Biomedical 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 Ocean Biomedical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Ocean Stock please use our How to Invest in Ocean Biomedical guide.At this time, Ocean Biomedical's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 16.6 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (376.31) in 2024.
| 2010 | 2023 | 2024 (projected) | Interest Expense | 691.0 | 1.8M | 969.5K | Interest Income | 1.5M | 1.4M | 1.2M |
Ocean Biomedical fundamental ratios Correlations
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Ocean Biomedical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Ocean Biomedical's price analysis, check to measure Ocean Biomedical'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 Biomedical is operating at the current time. Most of Ocean Biomedical's value examination focuses on studying past and present price action to predict the probability of Ocean Biomedical'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 Biomedical's price. Additionally, you may evaluate how the addition of Ocean Biomedical to your portfolios can decrease your overall portfolio volatility.