Oblong Change To Inventory from 2010 to 2024

OBLG Stock  USD 3.90  0.04  1.02%   
Oblong's Change To Inventory is increasing over the last several years with slightly volatile swings. Change To Inventory is estimated to finish at about 508.2 K this year. Change To Inventory is the increase or decrease in the amount of inventory Oblong Inc has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
1995-09-30
Previous Quarter
39 K
Current Value
38 K
Quarterly Volatility
878.3 K
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Oblong financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Oblong's main balance sheet or income statement drivers, such as Depreciation And Amortization of 327.8 K, Interest Expense of 26.6 K or Selling General Administrative of 4.6 M, as well as many indicators such as Price To Sales Ratio of 0.28, Dividend Yield of 0.0031 or PTB Ratio of 0.21. Oblong financial statements analysis is a perfect complement when working with Oblong Valuation or Volatility modules.
  
Check out the analysis of Oblong Correlation against competitors.

Latest Oblong's Change To Inventory Growth Pattern

Below is the plot of the Change To Inventory of Oblong Inc over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. Oblong's Change To Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Oblong's overall financial position and show how it may be relating to other accounts over time.
Change To Inventory10 Years Trend
Slightly volatile
   Change To Inventory   
       Timeline  

Oblong Change To Inventory Regression Statistics

Arithmetic Mean(80,387)
Coefficient Of Variation(802.38)
Mean Deviation547,691
Median19,000
Standard Deviation645,007
Sample Variance416B
Range2.1M
R-Value0.50
Mean Square Error337.4B
R-Squared0.25
Significance0.06
Slope71,680
Total Sum of Squares5.8T

Oblong Change To Inventory History

2024508.2 K
2023484 K
2022615 K
2021-901 K
2020820 K
201919 K
2018-31 K

About Oblong Financial Statements

Oblong stakeholders use historical fundamental indicators, such as Oblong's Change To Inventory, to determine how well the company is positioned to perform in the future. Although Oblong investors may analyze each financial statement separately, they are all interrelated. For example, changes in Oblong's assets and liabilities are reflected in the revenues and expenses on Oblong's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Oblong Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change To Inventory484 K508.2 K

Currently Active Assets on Macroaxis

When determining whether Oblong Inc is a strong investment it is important to analyze Oblong'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 Oblong's future performance. For an informed investment choice regarding Oblong Stock, refer to the following important reports:
Check out the analysis of Oblong Correlation against competitors.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Application Software 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 Oblong. If investors know Oblong 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 Oblong 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
(0.46)
Earnings Share
11.14
Revenue Per Share
5.319
Quarterly Revenue Growth
(0.34)
Return On Assets
(0.38)
The market value of Oblong Inc is measured differently than its book value, which is the value of Oblong that is recorded on the company's balance sheet. Investors also form their own opinion of Oblong's value that differs from its market value or its book value, called intrinsic value, which is Oblong'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 Oblong's market value can be influenced by many factors that don't directly affect Oblong'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 Oblong's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oblong is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oblong'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.