Ortel Property Plant And Equipment Net vs Other Stockholder Equity Analysis

ORTEL Stock   1.76  0.10  5.38%   
Ortel Communications financial indicator trend analysis is much more than just breaking down Ortel Communications prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ortel Communications is a good investment. Please check the relationship between Ortel Communications Property Plant And Equipment Net and its Other Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ortel Communications Limited. 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.

Property Plant And Equipment Net vs Other Stockholder Equity

Property Plant And Equipment Net vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ortel Communications Property Plant And Equipment Net account and Other Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ortel Communications' Property Plant And Equipment Net and Other Stockholder Equity is 0.93. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Ortel Communications Limited, assuming nothing else is changed. The correlation between historical values of Ortel Communications' Property Plant And Equipment Net and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Ortel Communications Limited are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Property Plant And Equipment Net i.e., Ortel Communications' Property Plant And Equipment Net and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Other Stockholder Equity

Most indicators from Ortel Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ortel Communications 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 Ortel Communications Limited. 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 the 28th of November 2024, Selling General Administrative is likely to grow to about 22.2 M, while Issuance Of Capital Stock is likely to drop about 70 M.
 2019 2020 2023 2024 (projected)
Gross Profit429.2M308.2M354.4M336.7M
Total Revenue781.3M635.2M730.4M1.3B

Ortel Communications fundamental ratios Correlations

0.60.840.120.970.62-0.570.680.160.9-0.2-0.190.160.710.430.930.830.260.270.930.880.640.50.860.280.82
0.60.410.350.550.2-0.110.170.220.64-0.16-0.450.220.070.00.40.390.10.380.480.420.430.780.38-0.020.43
0.840.41-0.370.920.86-0.870.93-0.150.86-0.2-0.24-0.140.620.770.90.79-0.01-0.210.920.980.230.220.760.730.95
0.120.35-0.37-0.06-0.610.73-0.550.56-0.1-0.160.120.560.12-0.81-0.17-0.230.50.92-0.1-0.340.670.44-0.1-0.85-0.23
0.970.550.92-0.060.77-0.690.78-0.040.93-0.2-0.22-0.040.710.560.960.880.190.120.930.950.460.470.870.450.88
0.620.20.86-0.610.77-0.880.89-0.470.75-0.03-0.25-0.470.460.820.810.83-0.12-0.40.680.89-0.160.20.720.840.72
-0.57-0.11-0.870.73-0.69-0.88-0.940.24-0.66-0.030.210.24-0.37-0.95-0.76-0.730.210.56-0.74-0.870.050.1-0.67-0.87-0.73
0.680.170.93-0.550.780.89-0.94-0.120.720.07-0.19-0.120.490.840.860.8-0.02-0.360.840.930.1-0.040.770.830.79
0.160.22-0.150.56-0.04-0.470.24-0.12-0.080.240.11.0-0.04-0.340.02-0.010.160.440.19-0.110.76-0.050.12-0.48-0.17
0.90.640.86-0.10.930.75-0.660.72-0.08-0.17-0.56-0.080.520.580.870.830.120.110.850.890.360.580.780.480.8
-0.2-0.16-0.2-0.16-0.2-0.03-0.030.070.24-0.17-0.010.24-0.580.03-0.050.090.29-0.05-0.15-0.12-0.11-0.370.050.04-0.33
-0.19-0.45-0.240.12-0.22-0.250.21-0.190.1-0.56-0.010.10.19-0.28-0.15-0.230.06-0.05-0.2-0.240.07-0.43-0.11-0.3-0.17
0.160.22-0.140.56-0.04-0.470.24-0.121.0-0.080.240.1-0.04-0.340.02-0.010.160.440.19-0.110.76-0.050.12-0.48-0.17
0.710.070.620.120.710.46-0.370.49-0.040.52-0.580.19-0.040.250.690.530.140.190.670.620.470.240.620.160.65
0.430.00.77-0.810.560.82-0.950.84-0.340.580.03-0.28-0.340.250.630.62-0.24-0.630.620.76-0.18-0.180.50.910.65
0.930.40.9-0.170.960.81-0.760.860.020.87-0.05-0.150.020.690.630.960.150.030.920.960.430.330.950.510.78
0.830.390.79-0.230.880.83-0.730.8-0.010.830.09-0.23-0.010.530.620.960.06-0.010.80.890.310.380.950.490.61
0.260.1-0.010.50.19-0.120.21-0.020.160.120.290.060.160.14-0.240.150.060.720.180.010.440.010.1-0.290.11
0.270.38-0.210.920.12-0.40.56-0.360.440.11-0.05-0.050.440.19-0.630.03-0.010.720.06-0.160.670.480.06-0.7-0.11
0.930.480.92-0.10.930.68-0.740.840.190.85-0.15-0.20.190.670.620.920.80.180.060.930.560.240.820.50.88
0.880.420.98-0.340.950.89-0.870.93-0.110.89-0.12-0.24-0.110.620.760.960.890.01-0.160.930.270.280.860.690.89
0.640.430.230.670.46-0.160.050.10.760.36-0.110.070.760.47-0.180.430.310.440.670.560.270.270.46-0.40.29
0.50.780.220.440.470.20.1-0.04-0.050.58-0.37-0.43-0.050.24-0.180.330.380.010.480.240.280.270.33-0.180.23
0.860.380.76-0.10.870.72-0.670.770.120.780.05-0.110.120.620.50.950.950.10.060.820.860.460.330.360.61
0.28-0.020.73-0.850.450.84-0.870.83-0.480.480.04-0.3-0.480.160.910.510.49-0.29-0.70.50.69-0.4-0.180.360.62
0.820.430.95-0.230.880.72-0.730.79-0.170.8-0.33-0.17-0.170.650.650.780.610.11-0.110.880.890.290.230.610.62
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Ortel Communications Account Relationship Matchups

Ortel Communications fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.7B4.4B4.0B3.7B4.2B3.8B
Other Current Liab1.6B1.7B1.7B209.8M241.3M229.2M
Total Current Liabilities3.2B3.0B3.0B3.0B3.5B2.2B
Total Stockholder Equity206.5M(204.2M)(552.6M)(771.9M)(694.7M)(659.9M)
Property Plant And Equipment Net3.8B3.6B3.3B3.1B3.5B2.9B
Net Debt2.0B2.3B2.2B2.3B2.6B1.5B
Retained Earnings(2.0B)(2.5B)(2.8B)(3.1B)(2.7B)(2.6B)
Accounts Payable348.2M401.7M417.5M477.8M549.4M284.4M
Cash35.1M41.4M38.8M40.7M36.6M34.8M
Non Current Assets Total4.1B6.1B3.6B3.3B3.7B3.4B
Non Currrent Assets Other11.8M7.2M5.7M4.7M4.2M5.4M
Other Assets(50K)(2.1B)2K1K900.0945.0
Cash And Short Term Investments42.6M41.4M38.8M40.7M36.6M34.8M
Net Receivables238.1M136.7M147.7M360.3M414.4M257.3M
Non Current Liabilities Total1.3B1.6B1.5B1.4B1.6B1.3B
Inventory5.9M6.0M3.8M3.4M3.0M2.9M
Other Current Assets54.8M95.0M16.0M4.4M3.9M3.7M
Total Liab4.5B4.6B4.6B4.4B5.1B3.5B
Total Current Assets562.9M471.8M399.1M408.8M470.1M674.8M
Intangible Assets157.7M198.6M103.7M22.7M26.0M24.7M
Short Long Term Debt Total2.0B2.3B2.3B2.3B2.6B1.9B
Liabilities And Stockholders Equity4.7B4.4B4.0B3.7B4.2B4.3B
Short Term Debt1.1B875.1M901.9M878.4M1.0B784.5M
Other Liab230.3M199.8M121.7M11.2M12.9M12.3M
Net Tangible Assets37.9M(427.3M)(680.8M)(818.9M)(737.0M)(700.2M)
Current Deferred Revenue1.4B1.4B1.5B1.4B1.7B1.7B
Long Term Debt987.0M1.4B1.3B1.4B1.6B1.3B
Short Long Term Debt915.7M807.4M766.6M333.2M299.9M521.8M
Property Plant Equipment3.8B3.6B3.3B3.1B3.5B3.4B
Non Current Liabilities Other120.5M64.1M27.7M6.5M5.9M5.6M

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Other Information on Investing in Ortel Stock

Balance Sheet is a snapshot of the financial position of Ortel Communications at a specified time, usually calculated after every quarter, six months, or one year. Ortel Communications Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ortel Communications 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 Ortel currently owns. An asset can also be divided into two categories, current and non-current.