Odyssean Total Operating Expenses vs Operating Income Analysis

OIT Stock   151.00  2.25  1.47%   
Odyssean Investment financial indicator trend analysis is much more than just breaking down Odyssean Investment Trust prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Odyssean Investment Trust is a good investment. Please check the relationship between Odyssean Investment Total Operating Expenses and its Operating Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Odyssean Investment Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Total Operating Expenses vs Operating Income

Total Operating Expenses vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Odyssean Investment Trust Total Operating Expenses account and Operating Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Odyssean Investment's Total Operating Expenses and Operating Income is 0.22. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Operating Income in the same time period over historical financial statements of Odyssean Investment Trust, assuming nothing else is changed. The correlation between historical values of Odyssean Investment's Total Operating Expenses and Operating Income 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 Operating Expenses of Odyssean Investment Trust are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Operating Expenses i.e., Odyssean Investment's Total Operating Expenses and Operating Income go up and down completely randomly.

Correlation Coefficient

0.22
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Operating Income

Operating Income is the amount of profit realized from Odyssean Investment Trust operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Odyssean Investment Trust is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Odyssean Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Odyssean Investment Trust 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 Odyssean Investment Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
As of December 2, 2024, Selling General Administrative is expected to decline to about 719.3 K. In addition to that, Tax Provision is expected to decline to 7,260

Odyssean Investment fundamental ratios Correlations

-0.010.821.00.990.90.960.7-0.91.0-0.970.93-0.90.45-0.510.760.91-0.510.651.00.711.0-0.890.910.91-0.83
-0.01-0.250.00.02-0.11-0.17-0.50.16-0.05-0.08-0.260.16-0.44-0.630.53-0.25-0.630.730.0-0.49-0.050.190.340.34-0.5
0.82-0.250.810.80.860.840.94-0.860.84-0.820.95-0.860.15-0.470.660.96-0.470.370.810.950.84-0.860.670.67-0.63
1.00.00.810.990.90.960.68-0.91.0-0.970.92-0.90.45-0.510.760.9-0.510.661.00.71.0-0.880.920.92-0.83
0.990.020.80.990.870.930.64-0.880.99-0.930.92-0.880.41-0.470.80.9-0.470.650.990.660.99-0.850.920.92-0.82
0.9-0.110.860.90.870.860.78-1.00.93-0.930.91-1.00.5-0.510.660.93-0.510.580.90.810.93-1.00.850.85-0.79
0.96-0.170.840.960.930.860.79-0.860.96-0.950.92-0.860.44-0.460.620.89-0.460.510.960.80.96-0.850.780.78-0.71
0.7-0.50.940.680.640.780.79-0.770.72-0.720.88-0.770.22-0.320.380.87-0.320.130.680.990.72-0.790.450.45-0.42
-0.90.16-0.86-0.9-0.88-1.0-0.86-0.77-0.930.91-0.921.0-0.530.45-0.64-0.940.45-0.54-0.9-0.81-0.931.0-0.84-0.840.76
1.0-0.050.841.00.990.930.960.72-0.93-0.970.94-0.930.47-0.490.740.93-0.490.631.00.731.0-0.910.910.91-0.82
-0.97-0.08-0.82-0.97-0.93-0.93-0.95-0.720.91-0.97-0.890.91-0.370.68-0.77-0.880.68-0.73-0.97-0.73-0.970.9-0.91-0.910.89
0.93-0.260.950.920.920.910.920.88-0.920.94-0.89-0.920.38-0.390.660.99-0.390.420.920.880.94-0.910.780.78-0.68
-0.90.16-0.86-0.9-0.88-1.0-0.86-0.771.0-0.930.91-0.92-0.530.45-0.64-0.940.45-0.54-0.9-0.81-0.931.0-0.84-0.840.76
0.45-0.440.150.450.410.50.440.22-0.530.47-0.370.38-0.530.27-0.120.380.270.020.450.250.47-0.540.330.33-0.13
-0.51-0.63-0.47-0.51-0.47-0.51-0.46-0.320.45-0.490.68-0.390.450.27-0.78-0.41.0-0.87-0.51-0.33-0.490.44-0.67-0.670.85
0.760.530.660.760.80.660.620.38-0.640.74-0.770.66-0.64-0.12-0.780.66-0.780.870.760.40.74-0.610.890.89-0.92
0.91-0.250.960.90.90.930.890.87-0.940.93-0.880.99-0.940.38-0.40.66-0.40.430.90.890.93-0.940.780.78-0.69
-0.51-0.63-0.47-0.51-0.47-0.51-0.46-0.320.45-0.490.68-0.390.450.271.0-0.78-0.4-0.87-0.51-0.33-0.490.44-0.67-0.670.85
0.650.730.370.660.650.580.510.13-0.540.63-0.730.42-0.540.02-0.870.870.43-0.870.660.160.63-0.510.870.87-0.95
1.00.00.811.00.990.90.960.68-0.91.0-0.970.92-0.90.45-0.510.760.9-0.510.660.71.0-0.880.920.92-0.83
0.71-0.490.950.70.660.810.80.99-0.810.73-0.730.88-0.810.25-0.330.40.89-0.330.160.70.73-0.830.480.48-0.44
1.0-0.050.841.00.990.930.960.72-0.931.0-0.970.94-0.930.47-0.490.740.93-0.490.631.00.73-0.910.910.91-0.82
-0.890.19-0.86-0.88-0.85-1.0-0.85-0.791.0-0.910.9-0.911.0-0.540.44-0.61-0.940.44-0.51-0.88-0.83-0.91-0.81-0.810.73
0.910.340.670.920.920.850.780.45-0.840.91-0.910.78-0.840.33-0.670.890.78-0.670.870.920.480.91-0.811.0-0.96
0.910.340.670.920.920.850.780.45-0.840.91-0.910.78-0.840.33-0.670.890.78-0.670.870.920.480.91-0.811.0-0.96
-0.83-0.5-0.63-0.83-0.82-0.79-0.71-0.420.76-0.820.89-0.680.76-0.130.85-0.92-0.690.85-0.95-0.83-0.44-0.820.73-0.96-0.96
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Odyssean Investment Account Relationship Matchups

Odyssean Investment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets82.3M125.1M161.0M182.9M189.2M151.4M
Other Current Liab(2.2M)(2.5M)(3.1M)(1.7M)1.4M1.5M
Total Current Liabilities2.2M2.1M3.1M1.7M3.0M2.3M
Total Stockholder Equity80.1M122.6M157.8M181.2M187.6M149.3M
Net Tangible Assets80.1M122.6M157.8M181.2M208.4M137.9M
Net Debt(9.8M)(15.7M)(5.2M)(1.4M)(4.9M)(5.2M)
Retained Earnings78.8M121.2M143.6M139.5M132.8M128.3M
Accounts Payable2.2M2.5M3.1M1.7M1.6M2.1M
Cash9.8M15.7M5.2M1.4M4.9M7.4M
Non Current Assets Total72.3M109.3M155.3M180.4M182.3M140.5M
Non Currrent Assets Other(72.3M)(109.3M)(155.3M)(180.4M)(182.3M)(191.4M)
Cash And Short Term Investments9.8M15.7M5.2M1.4M4.9M7.4M
Liabilities And Stockholders Equity82.3M125.1M161.0M182.9M189.2M151.4M
Other Current Assets187.0K143K420.0K1.1M1.9M2.0M
Other Stockholder Equity79.2M121.7M156.9M180.1M186.3M148.2M
Total Liab2.2M2.1M3.1M1.7M1.6M2.0M
Long Term Investments72.3M109.3M155.3M180.4M182.3M140.5M
Total Current Assets10.0M15.8M5.6M2.5M6.9M7.9M

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Other Information on Investing in Odyssean Stock

Balance Sheet is a snapshot of the financial position of Odyssean Investment Trust at a specified time, usually calculated after every quarter, six months, or one year. Odyssean Investment Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Odyssean Investment and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Odyssean currently owns. An asset can also be divided into two categories, current and non-current.