Ocular Therapeutix Stock Current Asset
| OCUL Stock | USD 9.77 0.12 1.21% |
Ocular Therapeutix fundamentals help investors to digest information that contributes to Ocular Therapeutix's financial success or failures. It also enables traders to predict the movement of Ocular Stock. The fundamental analysis module provides a way to measure Ocular Therapeutix's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ocular Therapeutix stock.
At this time, Ocular Therapeutix's Other Current Assets are quite stable compared to the past year. Total Current Assets is expected to rise to about 243.8 M this year, although the value of Non Current Assets Total will most likely fall to about 11.8 M. Ocular | Current Asset |
Ocular Therapeutix Company Current Asset Analysis
Ocular Therapeutix's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Ocular Therapeutix Current Asset | 106.98 M |
Most of Ocular Therapeutix's fundamental indicators, such as Current Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ocular Therapeutix is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Ocular Current Asset Historical Pattern
Today, most investors in Ocular Therapeutix Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ocular Therapeutix's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Ocular Therapeutix current asset as a starting point in their analysis.
Ocular Therapeutix Current Asset |
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Ocular Total Assets
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In accordance with the recently published financial statements, Ocular Therapeutix has a Current Asset of 106.98 M. This is 95.03% lower than that of the Pharmaceuticals sector and 89.91% lower than that of the Health Care industry. The current asset for all United States stocks is 98.85% higher than that of the company.
Ocular Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ocular Therapeutix's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ocular Therapeutix could also be used in its relative valuation, which is a method of valuing Ocular Therapeutix by comparing valuation metrics of similar companies.Ocular Therapeutix is currently under evaluation in current asset category among its peers.
Ocular Therapeutix Current Valuation Drivers
We derive many important indicators used in calculating different scores of Ocular Therapeutix from analyzing Ocular Therapeutix's financial statements. These drivers represent accounts that assess Ocular Therapeutix's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Ocular Therapeutix's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 178.8M | 1.3B | 532.5M | 216.0M | 356.0M | 238.3M | |
| Enterprise Value | 183.7M | 1.1B | 427.3M | 178.0M | 243.6M | 200.8M |
Ocular Therapeutix ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Ocular Therapeutix's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Ocular Therapeutix's managers, analysts, and investors.Environmental | Governance | Social |
Ocular Fundamentals
| Return On Equity | -0.73 | ||||
| Return On Asset | -0.22 | ||||
| Profit Margin | (2.26) % | ||||
| Operating Margin | (2.65) % | ||||
| Current Valuation | 1.2 B | ||||
| Shares Outstanding | 157.22 M | ||||
| Shares Owned By Insiders | 1.00 % | ||||
| Shares Owned By Institutions | 91.07 % | ||||
| Number Of Shares Shorted | 10.78 M | ||||
| Price To Earning | (2.69) X | ||||
| Price To Book | 4.42 X | ||||
| Price To Sales | 25.89 X | ||||
| Revenue | 58.44 M | ||||
| Gross Profit | (6.51 M) | ||||
| EBITDA | (66.42 M) | ||||
| Net Income | (80.74 M) | ||||
| Cash And Equivalents | 134.54 M | ||||
| Cash Per Share | 1.75 X | ||||
| Total Debt | 83.39 M | ||||
| Debt To Equity | 0.90 % | ||||
| Current Ratio | 6.14 X | ||||
| Book Value Per Share | 0.79 X | ||||
| Cash Flow From Operations | (70.23 M) | ||||
| Short Ratio | 9.68 X | ||||
| Earnings Per Share | (1.29) X | ||||
| Target Price | 18.22 | ||||
| Number Of Employees | 267 | ||||
| Beta | 1.26 | ||||
| Market Capitalization | 1.58 B | ||||
| Total Asset | 252.06 M | ||||
| Retained Earnings | (697.58 M) | ||||
| Working Capital | 197.34 M | ||||
| Current Asset | 106.98 M | ||||
| Current Liabilities | 5.38 M | ||||
| Net Asset | 252.06 M |
About Ocular Therapeutix Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ocular Therapeutix's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ocular Therapeutix using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ocular Therapeutix based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ArchitectCheck out Ocular Therapeutix Piotroski F Score and Ocular Therapeutix Altman Z Score analysis. For more information on how to buy Ocular Stock please use our How to buy in Ocular Stock guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Pharmaceuticals 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 Ocular Therapeutix. If investors know Ocular 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 Ocular Therapeutix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.29) | Revenue Per Share 0.529 | Quarterly Revenue Growth 0.083 | Return On Assets (0.22) | Return On Equity (0.73) |
The market value of Ocular Therapeutix is measured differently than its book value, which is the value of Ocular that is recorded on the company's balance sheet. Investors also form their own opinion of Ocular Therapeutix's value that differs from its market value or its book value, called intrinsic value, which is Ocular Therapeutix'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 Ocular Therapeutix's market value can be influenced by many factors that don't directly affect Ocular Therapeutix'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 Ocular Therapeutix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ocular Therapeutix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ocular Therapeutix'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.