Oriental Non Current Assets Total vs Other Current Assets Analysis
OCG Stock | USD 1.15 0.01 0.86% |
Oriental Culture financial indicator trend analysis is much more than just breaking down Oriental Culture Holding prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oriental Culture Holding is a good investment. Please check the relationship between Oriental Culture Non Current Assets Total and its Other Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oriental Culture Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Non Current Assets Total vs Other Current Assets
Non Current Assets Total vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oriental Culture Holding Non Current Assets Total account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Oriental Culture's Non Current Assets Total and Other Current Assets is 0.71. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Oriental Culture Holding, assuming nothing else is changed. The correlation between historical values of Oriental Culture's Non Current Assets Total and Other Current Assets 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 Assets Total of Oriental Culture Holding are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Non Current Assets Total i.e., Oriental Culture's Non Current Assets Total and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from Oriental Culture's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oriental Culture Holding 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 Oriental Culture Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Oriental Culture's Sales General And Administrative To Revenue is most likely to increase slightly in the upcoming years.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 35.2M | 16.8M | 1.2M | 1.1M | Total Revenue | 37.6M | 17.8M | 1.6M | 1.5M |
Oriental Culture fundamental ratios Correlations
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Oriental Culture Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Oriental Culture fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 14.7M | 41.1M | 50.8M | 53.4M | 48.6M | 39.1M | |
Other Current Liab | 896.6K | 1.1M | 2.1M | 290.2K | 276.4K | 262.6K | |
Total Current Liabilities | 1.6M | 7.5M | 3.6M | 3.8M | 3.1M | 3.9M | |
Total Stockholder Equity | 13.1M | 33.6M | 47.2M | 49.6M | 45.5M | 35.1M | |
Property Plant And Equipment Net | 460.9K | 372.2K | 9.9M | 9.5M | 9.2M | 5.4M | |
Current Deferred Revenue | 176.5K | 243.4K | 697.9K | 449.0K | 181.9K | 342.9K | |
Net Debt | (9.2M) | (24.0M) | (29.4M) | (29.0M) | (17.7M) | (18.6M) | |
Retained Earnings | 11.6M | 13.6M | 25.1M | 28.3M | 24.7M | 19.4M | |
Accounts Payable | 541.3K | 6.1M | 1.6M | 3.0M | 2.6M | 2.6M | |
Cash | 9.2M | 24.0M | 29.4M | 29.0M | 17.7M | 20.4M | |
Non Current Assets Total | 2.5M | 2.1M | 14.7M | 11.2M | 10.7M | 7.7M | |
Non Currrent Assets Other | 782.0K | (1.5M) | 3.1M | (11.2M) | 108.3K | 113.7K | |
Cash And Short Term Investments | 10.9M | 25.1M | 33.1M | 33.7M | 20.9M | 23.1M | |
Net Receivables | 1.3M | 403.0K | 55.2K | 29.5K | 360.7K | 406.1K | |
Common Stock Shares Outstanding | 20.3M | 20.4M | 21.0M | 21.1M | 4.3M | 4.1M | |
Liabilities And Stockholders Equity | 14.7M | 41.1M | 50.8M | 53.4M | 48.6M | 39.1M | |
Other Current Assets | 32.9K | 2.9M | 2.9M | 25.0M | 17.0M | 8.8M | |
Other Stockholder Equity | 1.6M | 18.9M | 20.9M | 22.3M | 22.4M | 15.8M | |
Total Liab | 1.6M | 7.5M | 3.6M | 3.8M | 3.1M | 3.9M | |
Net Invested Capital | 13.1M | 33.6M | 47.2M | 49.6M | 45.5M | 35.1M | |
Long Term Investments | 501.0K | 535.6K | 548.2K | 932.6K | 917.0K | 734.0K | |
Property Plant And Equipment Gross | 460.9K | 372.2K | 10.4M | 10.2M | 10.2M | 5.9M | |
Total Current Assets | 12.2M | 39.0M | 36.1M | 42.2M | 37.9M | 31.3M | |
Accumulated Other Comprehensive Income | (109.2K) | 1.0M | 210.3K | (1.1M) | (1.6M) | (1.5M) | |
Capital Stock | 1.2K | 1.5K | 1.5K | 1.5K | 1.5K | 1.5K | |
Net Working Capital | 10.6M | 31.5M | 32.5M | 38.4M | 34.8M | 27.4M | |
Intangible Assets | 739.8K | 573.0K | 1.1M | 816.9K | 529.6K | 716.4K | |
Common Stock | 1.2K | 1.5K | 1.5K | 1.5K | 1.5K | 1.5K |
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When determining whether Oriental Culture Holding is a strong investment it is important to analyze Oriental Culture's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Oriental Culture's future performance. For an informed investment choice regarding Oriental Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oriental Culture Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Interactive Media & Services 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 Oriental Culture. If investors know Oriental 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 Oriental Culture listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.46) | Earnings Share (0.62) | Revenue Per Share 0.37 | Quarterly Revenue Growth 0.019 | Return On Assets (0.05) |
The market value of Oriental Culture Holding is measured differently than its book value, which is the value of Oriental that is recorded on the company's balance sheet. Investors also form their own opinion of Oriental Culture's value that differs from its market value or its book value, called intrinsic value, which is Oriental Culture'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 Oriental Culture's market value can be influenced by many factors that don't directly affect Oriental Culture'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 Oriental Culture's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oriental Culture is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oriental Culture'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.