OmniAb Price To Sales Ratio vs Payables Turnover Analysis
OABI Stock | USD 3.68 0.18 5.14% |
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 Price To Sales Ratio and its Payables Turnover 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.
Price To Sales Ratio vs Payables Turnover
Price To Sales Ratio vs Payables Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OmniAb Inc Price To Sales Ratio account and Payables Turnover. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between OmniAb's Price To Sales Ratio and Payables Turnover is -0.1. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Payables Turnover 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 Price To Sales Ratio and Payables Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of OmniAb Inc are associated (or correlated) with its Payables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payables Turnover has no effect on the direction of Price To Sales Ratio i.e., OmniAb's Price To Sales Ratio and Payables Turnover go up and down completely randomly.
Correlation Coefficient | -0.1 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing OmniAb Inc stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on OmniAb sales, a figure that is much harder to manipulate than other OmniAb Inc multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.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 current Tax Provision is estimated to decrease to about (4.7 M). The current Selling General Administrative is estimated to decrease to about 20.7 M
2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 42.8M | 34.2M | 39.3M | 30.4M | Total Revenue | 59.1M | 34.2M | 39.3M | 37.3M |
OmniAb fundamental ratios Correlations
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OmniAb Account Relationship Matchups
High Positive Relationship
High Negative Relationship
OmniAb fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 295.4M | 304.5M | 421.2M | 375.2M | 431.5M | 364.9M | |
Short Long Term Debt Total | 2.6M | 13.9M | 25.8M | 25.6M | 29.4M | 15.4M | |
Other Current Liab | 12.6M | 6.3M | 7.8M | 8.4M | 9.6M | 8.9M | |
Total Current Liabilities | 14.3M | 20.6M | 26.0M | 23.1M | 26.6M | 19.8M | |
Total Stockholder Equity | 235.5M | 234.3M | 341.4M | 314.6M | 361.8M | 295.7M | |
Property Plant And Equipment Net | 6.0M | 20.1M | 41.5M | 38.1M | 43.9M | 24.2M | |
Net Debt | 5.2M | 27.7M | (7.6M) | 9.2M | 10.6M | 8.1M | |
Accounts Payable | 469K | 2.9M | 3.0M | 4.4M | 5.1M | 2.5M | |
Non Current Assets Total | 278.7M | 281.9M | 296.3M | 280.3M | 322.4M | 306.2M | |
Non Currrent Assets Other | 2.1M | 1.5M | (18.2M) | 2.7M | 2.5M | 2.6M | |
Net Receivables | 15.9M | 21.1M | 30.3M | 3.8M | 4.4M | 4.2M | |
Liabilities And Stockholders Equity | 295.4M | 304.5M | 421.2M | 375.2M | 431.5M | 364.9M | |
Non Current Liabilities Total | 45.6M | 49.6M | 53.8M | 37.5M | 43.2M | 49.4M | |
Other Current Assets | 774K | 1.4M | 6.4M | 4.1M | 4.7M | 2.8M | |
Total Liab | 59.8M | 70.2M | 79.8M | 60.6M | 69.7M | 69.2M | |
Total Current Assets | 16.6M | 22.5M | 125.0M | 94.9M | 109.1M | 58.7M | |
Intangible Assets | 186.6M | 176.3M | 167.2M | 155.5M | 139.9M | 137.4M |
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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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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 | Quarterly Revenue Growth (0.24) | Return On Assets | Return On Equity |
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.