OppFi Long Term Investments vs Cash And Equivalents Analysis

OPFI Stock

USD 8.16 0.18 2.26%

OppFi financial indicator trend analysis is much more than just breaking down OppFi Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OppFi Inc is a good investment. Please check the relationship between OppFi Long Term Investments and its Cash And Equivalents accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OppFi Inc. 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.

Long Term Investments vs Cash And Equivalents

Long Term Investments vs Cash And Equivalents Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OppFi Inc Long Term Investments account and Cash And Equivalents. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between OppFi's Long Term Investments and Cash And Equivalents is -0.49. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Cash And Equivalents in the same time period over historical financial statements of OppFi Inc, assuming nothing else is changed. The correlation between historical values of OppFi's Long Term Investments and Cash And Equivalents is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of OppFi Inc are associated (or correlated) with its Cash And Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Equivalents has no effect on the direction of Long Term Investments i.e., OppFi's Long Term Investments and Cash And Equivalents go up and down completely randomly.

Correlation Coefficient

-0.49

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Long Term Investments

Long Term Investments is an item on the asset side of OppFi balance sheet that represents investments OppFi Inc intends to hold for over a year. OppFi Inc long term investments may include different instruments such as stocks, bonds, real estate and cash.

Cash And Equivalents

Most indicators from OppFi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OppFi Inc 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 OppFi Inc. 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.

As of now, OppFi's Enterprise Value Multiple is increasing as compared to previous years.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	183.1M	221.7M	231.2M	221.5M
Total Revenue	350.6M	452.9M	508.9M	356.9M

Other Operating Expenses Total Revenue

OppFi fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab
Total Assets		0.96	0.78	0.76	-0.72	0.79	-0.18	0.96	0.9	-0.92	0.42	0.65	-0.77	-0.83	-0.34	0.83	0.66	1.0	0.16	0.85	0.91	0.98	0.98	0.99	0.97	0.77
Short Long Term Debt Total	0.96		0.61	0.57	-0.83	0.71	-0.4	0.92	0.98	-0.95	0.6	0.46	-0.59	-0.66	-0.13	0.9	0.59	0.98	0.01	0.91	0.98	0.9	0.91	0.94	1.0	0.74
Other Current Liab	0.78	0.61		0.95	-0.27	0.76	0.43	0.8	0.45	-0.6	-0.06	0.78	-0.99	-0.99	-0.63	0.35	0.56	0.75	0.57	0.38	0.45	0.86	0.81	0.8	0.61	0.54
Total Current Liabilities	0.76	0.57	0.95		-0.31	0.82	0.43	0.69	0.4	-0.62	-0.07	0.91	-0.94	-0.93	-0.8	0.45	0.67	0.73	0.35	0.46	0.43	0.85	0.85	0.8	0.58	0.47
Total Stockholder Equity	-0.72	-0.83	-0.27	-0.31		-0.72	0.49	-0.57	-0.84	0.92	-0.91	-0.15	0.21	0.29	-0.02	-0.89	-0.33	-0.74	0.45	-0.9	-0.85	-0.65	-0.71	-0.74	-0.84	-0.28
Other Liab	0.79	0.71	0.76	0.82	-0.72		0.21	0.64	0.58	-0.84	0.47	0.6	-0.69	-0.73	-0.51	0.65	0.43	0.77	-0.01	0.69	0.59	0.85	0.86	0.85	0.72	0.24
Net Tangible Assets	-0.18	-0.4	0.43	0.43	0.49	0.21		-0.15	-0.55	0.33	-0.57	0.3	-0.41	-0.33	-0.49	-0.55	-0.2	-0.22	0.55	-0.5	-0.55	0.02	-0.07	-0.1	-0.39	-0.31
Property Plant And Equipment Net	0.96	0.92	0.8	0.69	-0.57	0.64	-0.15		0.87	-0.81	0.3	0.56	-0.81	-0.85	-0.21	0.68	0.58	0.96	0.39	0.71	0.86	0.93	0.89	0.92	0.92	0.85
Net Debt	0.9	0.98	0.45	0.4	-0.84	0.58	-0.55	0.87		-0.91	0.67	0.3	-0.44	-0.52	0.05	0.9	0.5	0.92	-0.07	0.91	1.0	0.81	0.82	0.86	0.98	0.73
Retained Earnings	-0.92	-0.95	-0.6	-0.62	0.92	-0.84	0.33	-0.81	-0.91		-0.69	-0.47	0.55	0.63	0.25	-0.92	-0.59	-0.93	0.17	-0.92	-0.92	-0.88	-0.92	-0.93	-0.96	-0.53
Accounts Payable	0.42	0.6	-0.06	-0.07	-0.91	0.47	-0.57	0.3	0.67	-0.69		-0.28	0.13	0.05	0.39	0.66	-0.05	0.46	-0.53	0.68	0.66	0.33	0.36	0.43	0.6	0.01
Cash	0.65	0.46	0.78	0.91	-0.15	0.6	0.3	0.56	0.3	-0.47	-0.28		-0.8	-0.8	-0.9	0.45	0.83	0.61	0.23	0.43	0.35	0.71	0.76	0.67	0.47	0.54
Non Current Assets Total	-0.77	-0.59	-0.99	-0.94	0.21	-0.69	-0.41	-0.81	-0.44	0.55	0.13	-0.8		0.99	0.63	-0.33	-0.59	-0.74	-0.62	-0.36	-0.44	-0.84	-0.79	-0.78	-0.59	-0.6
Non Currrent Assets Other	-0.83	-0.66	-0.99	-0.93	0.29	-0.73	-0.33	-0.85	-0.52	0.63	0.05	-0.8	0.99		0.61	-0.41	-0.64	-0.8	-0.56	-0.43	-0.52	-0.88	-0.84	-0.83	-0.66	-0.64
Other Assets	-0.34	-0.13	-0.63	-0.8	-0.02	-0.51	-0.49	-0.21	0.05	0.25	0.39	-0.9	0.63	0.61		-0.18	-0.71	-0.29	-0.09	-0.15	0.0	-0.42	-0.5	-0.39	-0.14	-0.13
Long Term Debt	0.83	0.9	0.35	0.45	-0.89	0.65	-0.55	0.68	0.9	-0.92	0.66	0.45	-0.33	-0.41	-0.18		0.62	0.85	-0.39	0.99	0.93	0.76	0.83	0.83	0.91	0.59
Cash And Short Term Investments	0.66	0.59	0.56	0.67	-0.33	0.43	-0.2	0.58	0.5	-0.59	-0.05	0.83	-0.59	-0.64	-0.71	0.62		0.65	-0.04	0.55	0.54	0.61	0.72	0.64	0.59	0.61
Net Receivables	1.0	0.98	0.75	0.73	-0.74	0.77	-0.22	0.96	0.92	-0.93	0.46	0.61	-0.74	-0.8	-0.29	0.85	0.65		0.14	0.86	0.93	0.97	0.97	0.99	0.98	0.77
Common Stock Shares Outstanding	0.16	0.01	0.57	0.35	0.45	-0.01	0.55	0.39	-0.07	0.17	-0.53	0.23	-0.62	-0.56	-0.09	-0.39	-0.04	0.14		-0.34	-0.1	0.24	0.09	0.13	0.0	0.38
Long Term Debt Total	0.85	0.91	0.38	0.46	-0.9	0.69	-0.5	0.71	0.91	-0.92	0.68	0.43	-0.36	-0.43	-0.15	0.99	0.55	0.86	-0.34		0.93	0.79	0.85	0.86	0.92	0.59
Non Current Liabilities Total	0.91	0.98	0.45	0.43	-0.85	0.59	-0.55	0.86	1.0	-0.92	0.66	0.35	-0.44	-0.52	0.0	0.93	0.54	0.93	-0.1	0.93		0.82	0.84	0.87	0.98	0.75
Capital Surpluse	0.98	0.9	0.86	0.85	-0.65	0.85	0.02	0.93	0.81	-0.88	0.33	0.71	-0.84	-0.88	-0.42	0.76	0.61	0.97	0.24	0.79	0.82		0.98	0.99	0.91	0.71
Other Current Assets	0.98	0.91	0.81	0.85	-0.71	0.86	-0.07	0.89	0.82	-0.92	0.36	0.76	-0.79	-0.84	-0.5	0.83	0.72	0.97	0.09	0.85	0.84	0.98		0.99	0.92	0.69
Other Stockholder Equity	0.99	0.94	0.8	0.8	-0.74	0.85	-0.1	0.92	0.86	-0.93	0.43	0.67	-0.78	-0.83	-0.39	0.83	0.64	0.99	0.13	0.86	0.87	0.99	0.99		0.95	0.71
Total Liab	0.97	1.0	0.61	0.58	-0.84	0.72	-0.39	0.92	0.98	-0.96	0.6	0.47	-0.59	-0.66	-0.14	0.91	0.59	0.98	0.0	0.92	0.98	0.91	0.92	0.95		0.74
Deferred Long Term Liab	0.77	0.74	0.54	0.47	-0.28	0.24	-0.31	0.85	0.73	-0.53	0.01	0.54	-0.6	-0.64	-0.13	0.59	0.61	0.77	0.38	0.59	0.75	0.71	0.69	0.71	0.74

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OppFi Account Relationship Matchups

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When determining whether OppFi Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OppFi's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Oppfi Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Oppfi Inc Stock:

How To Invest In OppFi

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Is OppFi Stock a good investment?

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What is OppFi's Net Worth?

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Largest Asset Management & Custody Banks Companies

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OppFi Inc. 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.

You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Is Asset Management & Custody Banks 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 OppFi. If investors know OppFi 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 OppFi listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.631

Earnings Share

0.3

Revenue Per Share

13.499

Quarterly Revenue Growth

0.256

Return On Assets

0.1177

The market value of OppFi Inc is measured differently than its book value, which is the value of OppFi that is recorded on the company's balance sheet. Investors also form their own opinion of OppFi's value that differs from its market value or its book value, called intrinsic value, which is OppFi'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 OppFi's market value can be influenced by many factors that don't directly affect OppFi'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 OppFi's value and its price as these two are different measures arrived at by different means. Investors typically determine if OppFi is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OppFi'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.

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OppFi Long Term Investments vs Cash And Equivalents Analysis

Long Term Investments vs Cash And Equivalents

Long Term Investments vs Cash And Equivalents Correlation Analysis

Correlation Coefficient

Long Term Investments

Cash And Equivalents

OppFi fundamental ratios Correlations

OppFi Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Net Receivables	+ 1.0	Total Assets
Total Liab	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Net Debt
Other Stockholder Equity	+ 0.99	Total Assets
Non Currrent Assets Other	+ 0.99	Non Current Assets Total
Long Term Debt Total	+ 0.99	Long Term Debt

Non Currrent Assets Other	- 0.99	Other Current Liab
Non Current Assets Total	- 0.99	Other Current Liab
Total Liab	- 0.96	Retained Earnings
Retained Earnings	- 0.95	Short Long Term Debt Total
Non Current Assets Total	- 0.94	Total Current Liabilities
Other Stockholder Equity	- 0.93	Retained Earnings