Ocular Other Current Liab vs Non Current Liabilities Total Analysis

OCUL Stock  USD 10.06  0.31  3.18%   
Ocular Therapeutix financial indicator trend analysis is much more than just breaking down Ocular Therapeutix prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ocular Therapeutix is a good investment. Please check the relationship between Ocular Therapeutix Other Current Liab and its Non Current Liabilities Total accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ocular Therapeutix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Ocular Stock please use our How to buy in Ocular Stock guide.

Other Current Liab vs Non Current Liabilities Total

Other Current Liab vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ocular Therapeutix Other Current Liab account and Non Current Liabilities Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ocular Therapeutix's Other Current Liab and Non Current Liabilities Total is 0.52. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Ocular Therapeutix, assuming nothing else is changed. The correlation between historical values of Ocular Therapeutix's Other Current Liab and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Ocular Therapeutix are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Other Current Liab i.e., Ocular Therapeutix's Other Current Liab and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Liab

Non Current Liabilities Total

Most indicators from Ocular Therapeutix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ocular Therapeutix 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 Ocular Therapeutix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Ocular Stock please use our How to buy in Ocular Stock guide.The value of Selling General Administrative is expected to slide to about 19 M. The value of Issuance Of Capital Stock is estimated to slide to about 9.1 M
 2021 2022 2023 2024 (projected)
Interest Expense6.7M7.0M11.3M11.9M
Depreciation And Amortization2.4M2.1M3.0M1.6M

Ocular Therapeutix fundamental ratios Correlations

0.790.760.820.770.770.72-0.87-0.840.70.90.680.20.380.760.990.770.880.660.890.840.750.630.920.410.62
0.790.950.950.660.520.86-0.69-0.980.80.880.820.290.160.990.730.910.870.560.880.970.660.920.870.120.62
0.760.950.980.660.410.75-0.7-0.960.780.860.720.240.040.960.690.980.850.520.870.960.620.920.870.090.54
0.820.950.980.670.560.8-0.78-0.980.80.910.760.240.160.930.760.960.880.580.910.970.690.890.90.170.57
0.770.660.660.670.410.51-0.61-0.680.650.680.510.290.230.680.790.610.680.070.720.750.20.580.810.50.88
0.770.520.410.560.410.5-0.85-0.570.340.770.470.120.660.430.80.440.550.770.680.560.780.310.70.440.32
0.720.860.750.80.510.5-0.5-0.890.910.680.980.460.380.830.630.680.910.490.670.850.60.740.630.080.67
-0.87-0.69-0.7-0.78-0.61-0.85-0.50.73-0.44-0.95-0.47-0.15-0.41-0.65-0.88-0.74-0.66-0.75-0.9-0.75-0.79-0.6-0.91-0.36-0.36
-0.84-0.98-0.96-0.98-0.68-0.57-0.890.73-0.86-0.89-0.87-0.37-0.27-0.96-0.77-0.92-0.93-0.58-0.9-0.99-0.69-0.89-0.87-0.15-0.64
0.70.80.780.80.650.340.91-0.44-0.860.620.90.460.260.790.610.710.930.260.690.850.410.670.620.110.77
0.90.880.860.910.680.770.68-0.95-0.890.620.640.220.330.850.880.870.790.720.970.90.790.790.970.290.49
0.680.820.720.760.510.470.98-0.47-0.870.90.640.620.490.80.590.630.880.420.640.830.540.720.590.040.69
0.20.290.240.240.290.120.46-0.15-0.370.460.220.620.70.310.140.130.39-0.060.210.380.00.290.15-0.160.47
0.380.160.040.160.230.660.38-0.41-0.270.260.330.490.70.110.39-0.020.320.280.250.260.290.010.240.20.37
0.760.990.960.930.680.430.83-0.65-0.960.790.850.80.310.110.690.910.860.50.860.960.60.940.850.10.63
0.990.730.690.760.790.80.63-0.88-0.770.610.880.590.140.390.690.710.810.640.870.790.720.570.920.490.6
0.770.910.980.960.610.440.68-0.74-0.920.710.870.630.13-0.020.910.710.820.590.90.910.690.860.870.090.42
0.880.870.850.880.680.550.91-0.66-0.930.930.790.880.390.320.860.810.820.530.850.920.660.710.790.160.68
0.660.560.520.580.070.770.49-0.75-0.580.260.720.42-0.060.280.50.640.590.530.650.510.990.440.60.1-0.09
0.890.880.870.910.720.680.67-0.9-0.90.690.970.640.210.250.860.870.90.850.650.910.730.760.950.260.53
0.840.970.960.970.750.560.85-0.75-0.990.850.90.830.380.260.960.790.910.920.510.910.630.890.90.230.69
0.750.660.620.690.20.780.6-0.79-0.690.410.790.540.00.290.60.720.690.660.990.730.630.530.690.120.05
0.630.920.920.890.580.310.74-0.6-0.890.670.790.720.290.010.940.570.860.710.440.760.890.530.780.060.51
0.920.870.870.90.810.70.63-0.91-0.870.620.970.590.150.240.850.920.870.790.60.950.90.690.780.420.59
0.410.120.090.170.50.440.08-0.36-0.150.110.290.04-0.160.20.10.490.090.160.10.260.230.120.060.420.32
0.620.620.540.570.880.320.67-0.36-0.640.770.490.690.470.370.630.60.420.68-0.090.530.690.050.510.590.32
Click cells to compare fundamentals

Ocular Therapeutix Account Relationship Matchups

Ocular Therapeutix fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets78.7M261.9M204.9M149.3M252.1M126.8M
Short Long Term Debt Total59.3M58.4M59.0M64.3M83.4M87.6M
Other Current Liab7.6M12.9M18.5M22.5M27.1M28.4M
Total Current Liabilities12.0M26.7M26.3M31.4M34.9M36.6M
Total Stockholder Equity(3.6M)76.1M88.0M35.4M91.1M95.7M
Other Liab12.1M110.3M33.2M19.8M22.8M18.3M
Property Plant And Equipment Net16.8M13.9M11.8M17.9M18.2M10.0M
Net Debt4.9M(169.6M)(105.2M)(38.0M)(112.4M)(106.8M)
Retained Earnings(383.6M)(539.3M)(545.8M)(616.8M)(697.6M)(662.7M)
Accounts Payable3.3M2.7M4.6M5.1M4.4M3.0M
Cash54.4M228.1M164.2M102.3M195.8M205.6M
Non Current Assets Total18.6M15.7M13.6M19.7M19.8M11.8M
Other Assets1.6M6.6M1.8M7.6M1.00.95
Long Term Debt49.3M41.2M51.4M54.0M74.9M78.7M
Cash And Short Term Investments54.4M228.1M164.2M102.3M195.8M103.6M
Net Receivables2.5M12.3M21.1M21.3M26.2M27.5M
Common Stock Shares Outstanding45.3M60.8M82.2M76.9M85.6M44.2M
Liabilities And Stockholders Equity78.7M261.9M204.9M149.3M252.1M126.8M
Non Current Liabilities Total70.3M159.1M90.6M82.5M126.0M69.6M
Other Current Assets2.2M8.0M9.5M4.0M7.9M8.3M
Other Stockholder Equity380.0M615.3M633.8M652.2M788.7M828.1M
Total Liab82.4M185.8M116.9M113.9M160.9M86.2M
Property Plant And Equipment Gross16.8M13.9M11.8M17.9M38.5M40.4M
Total Current Assets60.2M246.2M191.3M129.6M232.2M243.8M
Property Plant Equipment10.2M8.1M11.8M9.9M11.3M7.1M
Net Tangible Assets(3.6M)76.1M88.0M35.4M31.8M40.7M
Retained Earnings Total Equity(383.6M)(539.3M)(545.8M)(616.8M)(555.2M)(527.4M)
Long Term Debt Total49.3M41.2M51.4M54.0M62.1M33.7M
Capital Surpluse380.0M615.3M633.8M652.2M750.0M424.2M
Inventory954K1.2M1.3M2.0M2.3M2.4M
Deferred Long Term Liab12.1M98.3M20.2M6.4M7.3M6.9M

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When determining whether Ocular Therapeutix is a strong investment it is important to analyze Ocular Therapeutix'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 Ocular Therapeutix's future performance. For an informed investment choice regarding Ocular 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 Ocular Therapeutix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Ocular Stock please use our How to buy in Ocular Stock guide.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Pharmaceuticals 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 Ocular Therapeutix. If investors know Ocular 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 Ocular Therapeutix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.29)
Revenue Per Share
0.529
Quarterly Revenue Growth
0.083
Return On Assets
(0.22)
Return On Equity
(0.73)
The market value of Ocular Therapeutix is measured differently than its book value, which is the value of Ocular that is recorded on the company's balance sheet. Investors also form their own opinion of Ocular Therapeutix's value that differs from its market value or its book value, called intrinsic value, which is Ocular Therapeutix'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 Ocular Therapeutix's market value can be influenced by many factors that don't directly affect Ocular Therapeutix'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 Ocular Therapeutix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ocular Therapeutix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ocular Therapeutix'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.