Oculis Total Current Liabilities vs Common Stock Shares Outstanding Analysis

OCSAW Stock   4.35  0.32  7.94%   
Oculis Holding financial indicator trend analysis is much more than just breaking down Oculis Holding AG prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oculis Holding AG is a good investment. Please check the relationship between Oculis Holding Total Current Liabilities and its Common Stock Shares Outstanding accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oculis Holding AG. 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.

Total Current Liabilities vs Common Stock Shares Outstanding

Total Current Liabilities vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oculis Holding AG Total Current Liabilities account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Oculis Holding's Total Current Liabilities and Common Stock Shares Outstanding is 0.79. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Oculis Holding AG, assuming nothing else is changed. The correlation between historical values of Oculis Holding's Total Current Liabilities and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Oculis Holding AG are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Current Liabilities i.e., Oculis Holding's Total Current Liabilities and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on Oculis Holding balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Oculis Holding AG are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Oculis Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oculis Holding AG 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 Oculis Holding AG. 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.
Issuance Of Capital Stock is likely to climb to about 142.4 M in 2024, whereas Tax Provision is likely to drop slightly above 74.8 K in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense5.1M6.4M1.3M1.2M
Interest Income21K126K1.4M1.5M

Oculis Holding fundamental ratios Correlations

0.830.880.73-0.850.88-0.90.840.880.750.90.82-0.34-0.82-0.67-0.210.73-0.61-0.480.920.080.90.920.810.85
0.830.810.96-0.840.69-0.950.950.620.750.671.0-0.71-0.83-0.95-0.60.96-0.94-0.740.950.020.670.930.770.83
0.880.810.66-0.870.96-0.920.910.630.930.850.79-0.36-0.89-0.65-0.220.66-0.66-0.460.8-0.240.850.770.970.99
0.730.960.66-0.670.5-0.840.830.480.560.470.96-0.86-0.65-0.91-0.781.0-0.92-0.640.860.240.470.850.590.67
-0.85-0.84-0.87-0.67-0.90.96-0.95-0.79-0.93-0.91-0.850.241.00.820.09-0.670.770.8-0.920.4-0.91-0.9-0.93-0.93
0.880.690.960.5-0.9-0.870.850.750.930.950.68-0.1-0.91-0.550.050.5-0.53-0.480.78-0.360.950.750.970.96
-0.9-0.95-0.92-0.840.96-0.87-0.99-0.73-0.9-0.84-0.950.490.960.880.35-0.840.870.75-0.960.2-0.84-0.93-0.92-0.95
0.840.950.910.83-0.950.85-0.990.650.920.80.95-0.52-0.96-0.9-0.380.83-0.9-0.780.93-0.270.80.90.920.95
0.880.620.630.48-0.790.75-0.730.650.590.910.610.02-0.74-0.550.140.48-0.41-0.550.84-0.020.910.860.630.65
0.750.750.930.56-0.930.93-0.90.920.590.840.75-0.22-0.96-0.69-0.070.56-0.7-0.650.77-0.550.840.720.990.98
0.90.670.850.47-0.910.95-0.840.80.910.840.660.02-0.9-0.560.170.47-0.48-0.550.83-0.31.00.820.870.87
0.821.00.790.96-0.850.68-0.950.950.610.750.66-0.71-0.84-0.96-0.60.96-0.95-0.760.940.010.660.930.760.82
-0.34-0.71-0.36-0.860.24-0.10.49-0.520.02-0.220.02-0.710.250.670.99-0.860.750.32-0.47-0.420.02-0.46-0.24-0.33
-0.82-0.83-0.89-0.651.0-0.910.96-0.96-0.74-0.96-0.9-0.840.250.810.09-0.650.780.79-0.890.45-0.9-0.87-0.95-0.95
-0.67-0.95-0.65-0.910.82-0.550.88-0.9-0.55-0.69-0.56-0.960.670.810.57-0.910.980.89-0.90.11-0.56-0.88-0.67-0.71
-0.21-0.6-0.22-0.780.090.050.35-0.380.14-0.070.17-0.60.990.090.57-0.780.650.22-0.35-0.50.17-0.34-0.09-0.18
0.730.960.661.0-0.670.5-0.840.830.480.560.470.96-0.86-0.65-0.91-0.78-0.92-0.640.860.240.470.850.590.67
-0.61-0.94-0.66-0.920.77-0.530.87-0.9-0.41-0.7-0.48-0.950.750.780.980.65-0.920.84-0.840.13-0.48-0.81-0.68-0.72
-0.48-0.74-0.46-0.640.8-0.480.75-0.78-0.55-0.65-0.55-0.760.320.790.890.22-0.640.84-0.770.42-0.55-0.76-0.59-0.59
0.920.950.80.86-0.920.78-0.960.930.840.770.830.94-0.47-0.89-0.9-0.350.86-0.84-0.77-0.030.831.00.790.83
0.080.02-0.240.240.4-0.360.2-0.27-0.02-0.55-0.30.01-0.420.450.11-0.50.240.130.42-0.03-0.30.02-0.46-0.36
0.90.670.850.47-0.910.95-0.840.80.910.841.00.660.02-0.9-0.560.170.47-0.48-0.550.83-0.30.820.870.87
0.920.930.770.85-0.90.75-0.930.90.860.720.820.93-0.46-0.87-0.88-0.340.85-0.81-0.761.00.020.820.750.8
0.810.770.970.59-0.930.97-0.920.920.630.990.870.76-0.24-0.95-0.67-0.090.59-0.68-0.590.79-0.460.870.750.99
0.850.830.990.67-0.930.96-0.950.950.650.980.870.82-0.33-0.95-0.71-0.180.67-0.72-0.590.83-0.360.870.80.99
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Oculis Holding Account Relationship Matchups

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