Optical Cash from 2010 to 2024

OCC Stock  USD 2.33  0.02  0.85%   
Optical Cable's Cash is decreasing over the years with stable fluctuation. Overall, Cash is expected to go to about 1.3 M this year. Cash is the total amount of money in the form of currency that Optical Cable has in its possession. This includes all bills, coins, and funds in bank accounts. View All Fundamentals
 
Cash  
First Reported
1996-04-30
Previous Quarter
1.1 M
Current Value
796.7 K
Quarterly Volatility
1.4 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Optical Cable financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Optical Cable's main balance sheet or income statement drivers, such as Depreciation And Amortization of 844.9 K, Interest Expense of 1.1 M or Selling General Administrative of 20.6 M, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0133 or PTB Ratio of 0.94. Optical financial statements analysis is a perfect complement when working with Optical Cable Valuation or Volatility modules.
  
Check out the analysis of Optical Cable Correlation against competitors.
For information on how to trade Optical Stock refer to our How to Trade Optical Stock guide.

Latest Optical Cable's Cash Growth Pattern

Below is the plot of the Cash of Optical Cable over the last few years. Cash refers to the most liquid asset of Optical Cable, which is listed under current asset account on Optical Cable balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Optical Cable customers. The amounts must be unrestricted with restricted cash listed in a different Optical Cable account. It is the total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts. Optical Cable's Cash historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Optical Cable's overall financial position and show how it may be relating to other accounts over time.
Cash10 Years Trend
Pretty Stable
   Cash   
       Timeline  

Optical Cash Regression Statistics

Arithmetic Mean887,987
Geometric Mean647,755
Coefficient Of Variation65.73
Mean Deviation489,542
Median891,000
Standard Deviation583,645
Sample Variance340.6B
Range1.7M
R-Value(0.13)
Mean Square Error360.8B
R-Squared0.02
Significance0.65
Slope(16,798)
Total Sum of Squares4.8T

Optical Cash History

20241.3 M
20231.3 M
20221.5 M
2021216 K
2020132 K
2019141 K
2018537 K

Other Fundumenentals of Optical Cable

Optical Cable Cash component correlations

About Optical Cable Financial Statements

Optical Cable stakeholders use historical fundamental indicators, such as Optical Cable's Cash, to determine how well the company is positioned to perform in the future. Although Optical Cable investors may analyze each financial statement separately, they are all interrelated. For example, changes in Optical Cable's assets and liabilities are reflected in the revenues and expenses on Optical Cable'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 Optical Cable. Please read more on our technical analysis and fundamental analysis pages.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Optical Cable offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Optical Cable'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 Optical Cable Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Optical Cable Stock:
Check out the analysis of Optical Cable Correlation against competitors.
For information on how to trade Optical Stock refer to our How to Trade Optical Stock guide.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Communications Equipment 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 Optical Cable. If investors know Optical 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 Optical Cable listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.75)
Revenue Per Share
8.284
Quarterly Revenue Growth
(0.04)
Return On Assets
(0.08)
Return On Equity
(0.25)
The market value of Optical Cable is measured differently than its book value, which is the value of Optical that is recorded on the company's balance sheet. Investors also form their own opinion of Optical Cable's value that differs from its market value or its book value, called intrinsic value, which is Optical Cable'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 Optical Cable's market value can be influenced by many factors that don't directly affect Optical Cable'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 Optical Cable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Optical Cable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Optical Cable'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.