| OFS Stock | | | USD 8.08 0.04 0.49% |
OFS Capital financial indicator trend analysis is much more than just breaking down OFS Capital Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OFS Capital Corp is a good investment. Please check the relationship between OFS Capital Total Assets and its Common Stock accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in OFS Capital 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 census.
For more information on how to buy OFS Stock please use our
How to Invest in OFS Capital guide.
Total Assets vs Common Stock
Total Assets vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
OFS Capital Corp Total Assets account and
Common Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between OFS Capital's Total Assets and Common Stock is 0.81. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of OFS Capital Corp, assuming nothing else is changed. The correlation between historical values of OFS Capital's Total Assets and Common Stock 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 Assets of OFS Capital Corp are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Assets i.e., OFS Capital's Total Assets and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.81 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Total Assets
Total assets refers to the total amount of OFS Capital assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in OFS Capital Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Common Stock
Most indicators from OFS Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OFS Capital 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 OFS Capital 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 census.
For more information on how to buy OFS Stock please use our
How to Invest in OFS Capital guide.At this time, OFS Capital's
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 10.78 in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.07 in 2024.
OFS Capital fundamental ratios Correlations
Click cells to compare fundamentals
OFS Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
OFS Capital fundamental ratios Accounts
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Additional Tools for OFS Stock Analysis
When running OFS Capital's price analysis, check to
measure OFS Capital'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 OFS Capital is operating at the current time. Most of OFS Capital's value examination focuses on studying past and present price action to
predict the probability of OFS Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OFS Capital's price. Additionally, you may evaluate how the addition of OFS Capital to your portfolios can decrease your overall portfolio volatility.