Ouster Total Assets vs Net Tangible Assets Analysis

OUST Stock  USD 9.88  0.33  3.46%   
Ouster financial indicator trend analysis is much more than just breaking down Ouster Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ouster Inc is a good investment. Please check the relationship between Ouster Total Assets and its Net Tangible Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ouster 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 state.

Total Assets vs Net Tangible Assets

Total Assets vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ouster Inc Total Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ouster's Total Assets and Net Tangible Assets is 0.96. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Ouster Inc, assuming nothing else is changed. The correlation between historical values of Ouster's Total Assets and Net Tangible 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 Assets of Ouster Inc are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Assets i.e., Ouster's Total Assets and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Ouster 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 Ouster Inc 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.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Ouster's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ouster 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 Ouster 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 state.
Tax Provision is likely to gain to about 559.6 K in 2024, whereas Selling General Administrative is likely to drop slightly above 50.7 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization7.6M12.2M21.7M10.9M
Interest Income471K2.2M7.4M7.8M

Ouster fundamental ratios Correlations

0.95-0.060.68-0.960.39-0.720.990.910.720.890.310.72-0.380.620.83-0.250.360.560.980.720.97-0.080.80.47-0.55
0.950.050.63-0.940.54-0.640.940.890.740.860.470.72-0.460.620.83-0.310.390.590.920.710.92-0.030.790.43-0.61
-0.060.05-0.08-0.070.510.71-0.010.00.01-0.040.56-0.02-0.67-0.050.2-0.26-0.010.040.04-0.05-0.070.660.020.18-0.47
0.680.63-0.08-0.790.57-0.580.750.790.890.940.490.96-0.650.970.89-0.820.90.960.570.960.81-0.550.89-0.22-0.8
-0.96-0.94-0.07-0.79-0.620.61-0.98-0.98-0.87-0.95-0.42-0.860.56-0.77-0.940.47-0.53-0.74-0.91-0.84-0.990.08-0.91-0.360.75
0.390.540.510.57-0.620.050.450.670.710.590.640.63-0.810.630.66-0.720.640.750.320.570.510.10.62-0.06-0.91
-0.72-0.640.71-0.580.610.05-0.69-0.61-0.53-0.670.04-0.57-0.12-0.54-0.480.1-0.35-0.43-0.62-0.6-0.720.6-0.57-0.10.1
0.990.94-0.010.75-0.980.45-0.690.930.770.920.360.78-0.470.680.88-0.340.440.640.970.780.99-0.110.840.41-0.63
0.910.890.00.79-0.980.67-0.610.930.890.930.320.84-0.510.770.88-0.470.560.770.840.810.97-0.110.90.3-0.75
0.720.740.010.89-0.870.71-0.530.770.890.90.410.97-0.570.930.92-0.730.760.920.610.950.84-0.250.980.06-0.82
0.890.86-0.040.94-0.950.59-0.670.920.930.90.50.94-0.620.90.95-0.650.750.880.80.940.96-0.360.940.08-0.79
0.310.470.560.49-0.420.640.040.360.320.410.50.49-0.870.520.57-0.710.60.560.270.50.34-0.120.4-0.25-0.72
0.720.72-0.020.96-0.860.63-0.570.780.840.970.940.49-0.620.980.95-0.790.840.950.611.00.84-0.390.97-0.05-0.82
-0.38-0.46-0.67-0.650.56-0.81-0.12-0.47-0.51-0.57-0.62-0.87-0.62-0.64-0.710.82-0.7-0.72-0.36-0.6-0.470.02-0.560.190.92
0.620.62-0.050.97-0.770.63-0.540.680.770.930.90.520.98-0.640.89-0.870.920.980.490.980.76-0.520.92-0.24-0.82
0.830.830.20.89-0.940.66-0.480.880.880.920.950.570.95-0.710.89-0.690.70.860.780.940.9-0.150.960.18-0.86
-0.25-0.31-0.26-0.820.47-0.720.1-0.34-0.47-0.73-0.65-0.71-0.790.82-0.87-0.69-0.95-0.91-0.13-0.78-0.420.45-0.670.530.86
0.360.39-0.010.9-0.530.64-0.350.440.560.760.750.60.84-0.70.920.7-0.950.950.210.830.54-0.650.7-0.57-0.79
0.560.590.040.96-0.740.75-0.430.640.770.920.880.560.95-0.720.980.86-0.910.950.430.930.73-0.470.88-0.29-0.89
0.980.920.040.57-0.910.32-0.620.970.840.610.80.270.61-0.360.490.78-0.130.210.430.610.920.070.710.59-0.48
0.720.71-0.050.96-0.840.57-0.60.780.810.950.940.51.0-0.60.980.94-0.780.830.930.610.83-0.430.96-0.06-0.79
0.970.92-0.070.81-0.990.51-0.720.990.970.840.960.340.84-0.470.760.9-0.420.540.730.920.83-0.190.890.32-0.67
-0.08-0.030.66-0.550.080.10.6-0.11-0.11-0.25-0.36-0.12-0.390.02-0.52-0.150.45-0.65-0.470.07-0.43-0.19-0.220.730.08
0.80.790.020.89-0.910.62-0.570.840.90.980.940.40.97-0.560.920.96-0.670.70.880.710.960.89-0.220.17-0.79
0.470.430.18-0.22-0.36-0.06-0.10.410.30.060.08-0.25-0.050.19-0.240.180.53-0.57-0.290.59-0.060.320.730.170.1
-0.55-0.61-0.47-0.80.75-0.910.1-0.63-0.75-0.82-0.79-0.72-0.820.92-0.82-0.860.86-0.79-0.89-0.48-0.79-0.670.08-0.790.1
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Ouster Account Relationship Matchups

Ouster fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab7.6M4.1M11.1M13.8M61.3M64.4M
Total Current Liabilities40.4M20.9M22.1M29.5M81.7M85.8M
Other Liab54K50.3M8.7M2.1M2.4M2.2M
Net Tangible Assets(100.3M)(75.9M)187.0M102.3M117.6M123.5M
Retained Earnings(102.6M)(209.4M)(303.4M)(441.9M)(816.0M)(775.2M)
Accounts Payable3.3M6.9M4.9M8.8M3.5M5.2M
Other Assets1.3M4.4M1.4M1.6M1.00.95
Net Receivables937K3.8M10.7M11.2M40.0M42.0M
Inventory2.5M4.8M7.4M19.5M23.2M24.4M
Other Current Assets1.2M1.2M6.5M8.8M9.8M5.1M
Total Current Assets21.5M21.2M207.4M162.5M263.2M276.3M
Property Plant Equipment17.1M20.8M25.2M9.7M11.1M17.7M

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Additional Tools for Ouster Stock Analysis

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