OMDA Total Current Liabilities vs Total Assets 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 Total Current Liabilities and its Total Assets 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.
Total Current Liabilities vs Total Assets
Total Current Liabilities vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OMDA Oil Total Current Liabilities account and Total Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between OMDA Oil's Total Current Liabilities and Total Assets is 0.11. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Assets 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 Total Current Liabilities and Total Assets 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 Current Liabilities of OMDA Oil and are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Liabilities i.e., OMDA Oil's Total Current Liabilities and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.11 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Total Current Liabilities
Total Current Liabilities is an item on OMDA Oil balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of OMDA Oil and are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Assets
Total assets refers to the total amount of OMDA Oil 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 OMDA Oil 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.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.