OMDA Operating Income vs Selling General Administrative Analysis
OOAG Stock | USD 0.0001 0.00 0.00% |
OMDA Oil financial indicator trend analysis is much more than just breaking down OMDA Oil prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OMDA Oil is a good investment. Please check the relationship between OMDA Oil Operating Income and its Selling General Administrative accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OMDA Oil and. 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.
Operating Income vs Selling General Administrative
Operating Income vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OMDA Oil Operating Income account and Selling General Administrative. At this time, the significance of the direction appears to have pay attention.
The correlation between OMDA Oil's Operating Income and Selling General Administrative is -0.8. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of OMDA Oil and, assuming nothing else is changed. The correlation between historical values of OMDA Oil's Operating Income and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of OMDA Oil and are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Operating Income i.e., OMDA Oil's Operating Income and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | -0.8 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Operating Income
Operating Income is the amount of profit realized from OMDA Oil 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 OMDA Oil and 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.Selling General Administrative
Most indicators from OMDA Oil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OMDA Oil 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 OMDA Oil and. 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. The current Selling General Administrative is estimated to decrease to 800.00
OMDA Oil fundamental ratios Correlations
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OMDA Oil Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When determining whether OMDA Oil is a strong investment it is important to analyze OMDA Oil'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 OMDA Oil's future performance. For an informed investment choice regarding OMDA 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 OMDA Oil and. 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. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Oil & Gas Exploration & Production 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 OMDA Oil. If investors know OMDA 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 OMDA Oil listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of OMDA Oil is measured differently than its book value, which is the value of OMDA that is recorded on the company's balance sheet. Investors also form their own opinion of OMDA Oil's value that differs from its market value or its book value, called intrinsic value, which is OMDA Oil'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 OMDA Oil's market value can be influenced by many factors that don't directly affect OMDA Oil'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 OMDA Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if OMDA Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OMDA Oil'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.