OmniAb Current Deferred Revenue vs Net Tangible Assets Analysis

OABI Stock

USD 3.79 0.21 5.25%

OmniAb financial indicator trend analysis is much more than just breaking down OmniAb Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OmniAb Inc is a good investment. Please check the relationship between OmniAb Current Deferred Revenue and its Net Tangible Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OmniAb 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 bureau of labor statistics.

Current Deferred Revenue vs Net Tangible Assets

Current Deferred Revenue vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OmniAb Inc Current Deferred Revenue account and Net Tangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between OmniAb's Current Deferred Revenue and Net Tangible Assets is -0.1. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of OmniAb Inc, assuming nothing else is changed. The correlation between historical values of OmniAb's Current Deferred Revenue 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 Current Deferred Revenue of OmniAb 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 Current Deferred Revenue i.e., OmniAb's Current Deferred Revenue and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.1

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

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 OmniAb's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OmniAb 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 OmniAb 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 bureau of labor statistics.

The OmniAb's current Sales General And Administrative To Revenue is estimated to increase to 1.02, while Tax Provision is projected to decrease to (5.2 M).

	2021	2022	2023	2024 (projected)
Gross Profit	19.8M	42.8M	34.2M	30.4M
Total Revenue	34.7M	59.1M	34.2M	37.3M

Gross Profit Total Revenue

OmniAb fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Current Deferred Revenue	Cash	Cash And Short Term Investments
Total Assets		0.96	0.25	0.94	0.99	-0.69	0.93	0.97	0.01	0.85	0.9	-0.53	0.94	0.48	0.81	-0.82	0.74	0.99	0.9	0.98	-0.59	-0.93	0.94	0.16	0.86	0.92
Short Long Term Debt Total	0.96		0.07	0.94	0.95	-0.77	0.9	1.0	0.17	0.96	0.81	-0.45	0.89	0.43	0.84	-0.82	0.63	0.96	0.85	0.96	-0.57	-0.89	0.94	0.28	0.78	0.91
Other Current Liab	0.25	0.07		0.34	0.19	0.5	0.01	0.1	-0.01	-0.08	0.41	-0.16	0.32	0.52	0.21	-0.1	0.52	0.21	0.44	0.16	0.36	0.01	0.05	0.11	0.12	0.05
Total Current Liabilities	0.94	0.94	0.34		0.9	-0.55	0.82	0.95	0.31	0.89	0.92	-0.38	0.93	0.55	0.86	-0.88	0.8	0.92	0.96	0.89	-0.46	-0.79	0.9	0.4	0.66	0.79
Total Stockholder Equity	0.99	0.95	0.19	0.9		-0.75	0.95	0.97	-0.08	0.84	0.85	-0.53	0.93	0.4	0.81	-0.76	0.65	0.98	0.84	0.99	-0.62	-0.96	0.94	0.05	0.9	0.96
Other Liab	-0.69	-0.77	0.5	-0.55	-0.75		-0.85	-0.76	0.06	-0.78	-0.48	0.28	-0.62	0.08	-0.61	0.59	-0.2	-0.7	-0.42	-0.75	0.84	0.87	-0.81	0.11	-0.7	-0.81
Net Tangible Assets	0.93	0.9	0.01	0.82	0.95	-0.85		0.9	-0.02	0.84	0.83	-0.32	0.93	0.13	0.85	-0.75	0.53	0.89	0.74	0.91	-0.83	-0.99	0.98	-0.1	0.83	0.93
Property Plant And Equipment Net	0.97	1.0	0.1	0.95	0.97	-0.76	0.9		0.12	0.94	0.82	-0.48	0.89	0.45	0.83	-0.81	0.65	0.97	0.86	0.97	-0.57	-0.9	0.93	0.26	0.81	0.92
Net Debt	0.01	0.17	-0.01	0.31	-0.08	0.06	-0.02	0.12		0.39	0.26	0.53	0.16	0.02	0.36	-0.43	0.22	-0.07	0.29	-0.11	-0.05	0.12	0.17	0.67	-0.49	-0.22
Accounts Payable	0.85	0.96	-0.08	0.89	0.84	-0.78	0.84	0.94	0.39		0.74	-0.21	0.83	0.26	0.87	-0.8	0.5	0.83	0.76	0.84	-0.6	-0.81	0.91	0.34	0.59	0.81
Non Current Assets Total	0.9	0.81	0.41	0.92	0.85	-0.48	0.83	0.82	0.26	0.74		-0.29	0.94	0.44	0.82	-0.9	0.87	0.82	0.95	0.78	-0.59	-0.79	0.89	0.25	0.6	0.69
Non Currrent Assets Other	-0.53	-0.45	-0.16	-0.38	-0.53	0.28	-0.32	-0.48	0.53	-0.21	-0.29		-0.23	-0.76	0.05	0.3	-0.51	-0.64	-0.46	-0.6	-0.04	0.39	-0.27	-0.2	-0.72	-0.51
Other Assets	0.94	0.89	0.32	0.93	0.93	-0.62	0.93	0.89	0.16	0.83	0.94	-0.23		0.27	0.94	-0.8	0.68	0.88	0.87	0.87	-0.67	-0.9	0.96	0.06	0.71	0.85
Net Receivables	0.48	0.43	0.52	0.55	0.4	0.08	0.13	0.45	0.02	0.26	0.44	-0.76	0.27		0.07	-0.47	0.76	0.55	0.67	0.46	0.32	-0.14	0.21	0.68	0.37	0.25
Good Will	0.81	0.84	0.21	0.86	0.81	-0.61	0.85	0.83	0.36	0.87	0.82	0.05	0.94	0.07		-0.7	0.47	0.74	0.73	0.75	-0.65	-0.81	0.9	0.06	0.53	0.76
Common Stock Shares Outstanding	-0.82	-0.82	-0.1	-0.88	-0.76	0.59	-0.75	-0.81	-0.43	-0.8	-0.9	0.3	-0.8	-0.47	-0.7		-0.85	-0.77	-0.91	-0.71	0.61	0.71	-0.85	-0.51	-0.47	-0.59
Non Current Liabilities Total	0.74	0.63	0.52	0.8	0.65	-0.2	0.53	0.65	0.22	0.5	0.87	-0.51	0.68	0.76	0.47	-0.85		0.71	0.93	0.62	-0.26	-0.51	0.63	0.53	0.46	0.44
Other Current Assets	0.99	0.96	0.21	0.92	0.98	-0.7	0.89	0.97	-0.07	0.83	0.82	-0.64	0.88	0.55	0.74	-0.77	0.71		0.87	0.99	-0.5	-0.9	0.89	0.19	0.9	0.94
Total Liab	0.9	0.85	0.44	0.96	0.84	-0.42	0.74	0.86	0.29	0.76	0.95	-0.46	0.87	0.67	0.73	-0.91	0.93	0.87		0.81	-0.39	-0.71	0.82	0.48	0.6	0.67
Total Current Assets	0.98	0.96	0.16	0.89	0.99	-0.75	0.91	0.97	-0.11	0.84	0.78	-0.6	0.87	0.46	0.75	-0.71	0.62	0.99	0.81		-0.54	-0.92	0.9	0.1	0.92	0.97
Intangible Assets	-0.59	-0.57	0.36	-0.46	-0.62	0.84	-0.83	-0.57	-0.05	-0.6	-0.59	-0.04	-0.67	0.32	-0.65	0.61	-0.26	-0.5	-0.39	-0.54		0.81	-0.8	0.28	-0.49	-0.62
Common Stock	-0.93	-0.89	0.01	-0.79	-0.96	0.87	-0.99	-0.9	0.12	-0.81	-0.79	0.39	-0.9	-0.14	-0.81	0.71	-0.51	-0.9	-0.71	-0.92	0.81		-0.96	0.14	-0.88	-0.96
Property Plant Equipment	0.94	0.94	0.05	0.9	0.94	-0.81	0.98	0.93	0.17	0.91	0.89	-0.27	0.96	0.21	0.9	-0.85	0.63	0.89	0.82	0.9	-0.8	-0.96		0.09	0.74	0.88
Current Deferred Revenue	0.16	0.28	0.11	0.4	0.05	0.11	-0.1	0.26	0.67	0.34	0.25	-0.2	0.06	0.68	0.06	-0.51	0.53	0.19	0.48	0.1	0.28	0.14	0.09		-0.19	-0.12
Cash	0.86	0.78	0.12	0.66	0.9	-0.7	0.83	0.81	-0.49	0.59	0.6	-0.72	0.71	0.37	0.53	-0.47	0.46	0.9	0.6	0.92	-0.49	-0.88	0.74	-0.19		0.94
Cash And Short Term Investments	0.92	0.91	0.05	0.79	0.96	-0.81	0.93	0.92	-0.22	0.81	0.69	-0.51	0.85	0.25	0.76	-0.59	0.44	0.94	0.67	0.97	-0.62	-0.96	0.88	-0.12	0.94

Click cells to compare fundamentals

OmniAb Account Relationship Matchups

Currently Active Assets on Macroaxis

C	Citigroup
GM	General Motors
F	Ford Motor
GM	General Motors
V	Visa Class A

When determining whether OmniAb Inc is a strong investment it is important to analyze OmniAb'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 OmniAb's future performance. For an informed investment choice regarding OmniAb Stock, refer to the following important reports:

How To Invest In OmniAb

Details

Is OmniAb Stock a good investment?

Details

What is OmniAb's Net Worth?

Details

Largest Biotechnology Companies

View

Largest Pharmaceuticals, Biotechnology & Life Sciences Companies

View

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OmniAb 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 bureau of labor statistics.

You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Is Biotechnology 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 OmniAb. If investors know OmniAb 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 OmniAb listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.62)

Revenue Per Share

0.202

Quarterly Revenue Growth

(0.24)

Return On Assets

(0.14)

Return On Equity

(0.20)

The market value of OmniAb Inc is measured differently than its book value, which is the value of OmniAb that is recorded on the company's balance sheet. Investors also form their own opinion of OmniAb's value that differs from its market value or its book value, called intrinsic value, which is OmniAb'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 OmniAb's market value can be influenced by many factors that don't directly affect OmniAb'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 OmniAb's value and its price as these two are different measures arrived at by different means. Investors typically determine if OmniAb is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OmniAb'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

OmniAb Current Deferred Revenue vs Net Tangible Assets Analysis

Current Deferred Revenue vs Net Tangible Assets

Current Deferred Revenue vs Net Tangible Assets Correlation Analysis

Correlation Coefficient

Current Deferred Revenue

Net Tangible Assets

OmniAb fundamental ratios Correlations

OmniAb Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Currently Active Assets on Macroaxis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Short Long Term Debt Total
Total Stockholder Equity	+ 0.99	Total Assets
Other Current Assets	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Stockholder Equity
Total Current Assets	+ 0.99	Other Current Assets
Total Current Assets	+ 0.98	Total Assets

Common Stock	- 0.99	Net Tangible Assets
Cash And Short Term Investments	- 0.96	Common Stock
Property Plant Equipment	- 0.96	Common Stock
Common Stock	- 0.96	Total Stockholder Equity
Common Stock	- 0.93	Total Assets
Common Stock	- 0.92	Total Current Assets