| OMEX Stock | | | USD 0.37 0.01 2.63% |
Odyssey Marine financial indicator trend analysis is much more than just breaking down Odyssey Marine Explo prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Odyssey Marine Explo is a good investment. Please check the relationship between Odyssey Marine Common Stock Total Equity and its Cash And Short Term Investments accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Odyssey Marine Exploration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Common Stock Total Equity vs Cash And Short Term Investments
Common Stock Total Equity vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Odyssey Marine Explo Common Stock Total Equity account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Odyssey Marine's Common Stock Total Equity and Cash And Short Term Investments is -0.06. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Odyssey Marine Exploration, assuming nothing else is changed. The correlation between historical values of Odyssey Marine's Common Stock Total Equity and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Odyssey Marine Exploration are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock Total Equity i.e., Odyssey Marine's Common Stock Total Equity and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.06 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Odyssey Marine Explo balance sheet. This account contains Odyssey Marine investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Odyssey Marine Exploration fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Odyssey Marine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Odyssey Marine Explo 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 Odyssey Marine Exploration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
At this time, Odyssey Marine's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 74.69 in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 227.3
K in 2024.
Odyssey Marine fundamental ratios Correlations
Click cells to compare fundamentals
Odyssey Marine Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Odyssey Marine fundamental ratios Accounts
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Additional Tools for Odyssey Stock Analysis
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measure Odyssey Marine'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 Odyssey Marine is operating at the current time. Most of Odyssey Marine's value examination focuses on studying past and present price action to
predict the probability of Odyssey Marine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Odyssey Marine's price. Additionally, you may evaluate how the addition of Odyssey Marine to your portfolios can decrease your overall portfolio volatility.