Overactive Total Current Assets vs Common Stock Shares Outstanding Analysis

OAM Stock   0.29  0.01  3.33%   
Overactive Media financial indicator trend analysis is much more than just breaking down Overactive Media Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Overactive Media Corp is a good investment. Please check the relationship between Overactive Media Total Current Assets and its Common Stock Shares Outstanding accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Overactive Media Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Current Assets vs Common Stock Shares Outstanding

Total Current Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Overactive Media Corp Total Current Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have no relationship.
The correlation between Overactive Media's Total Current Assets and Common Stock Shares Outstanding is 0.08. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Overactive Media Corp, assuming nothing else is changed. The correlation between historical values of Overactive Media's Total Current Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Overactive Media Corp are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Current Assets i.e., Overactive Media's Total Current Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Overactive Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Overactive Media Corp 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 Overactive Media Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Sales General And Administrative To Revenue is likely to climb to 1.96 in 2024, despite the fact that Tax Provision is likely to grow to (494 K).
 2021 2022 2023 2024 (projected)
Reconciled Depreciation2.0M2.3M2.2M2.2M
Total Operating Expenses28.7M64.4M24.5M38.9M

Overactive Media fundamental ratios Correlations

-0.720.990.55-0.370.540.3-0.87-0.510.30.440.830.030.19-0.20.69-0.220.51-0.360.190.21-0.31-0.39-0.210.17-0.51
-0.72-0.73-0.860.85-0.84-0.720.960.8-0.2-0.82-0.970.590.440.69-0.660.78-0.840.79-0.53-0.560.780.80.750.460.84
0.99-0.730.5-0.370.50.24-0.88-0.440.160.40.83-0.030.11-0.230.59-0.230.47-0.360.220.24-0.31-0.38-0.230.09-0.47
0.55-0.860.5-0.910.910.91-0.82-0.990.630.960.84-0.55-0.34-0.720.88-0.820.99-0.870.520.59-0.85-0.9-0.79-0.36-1.0
-0.370.85-0.37-0.91-0.78-0.80.740.88-0.32-0.92-0.770.850.70.93-0.630.98-0.940.98-0.74-0.80.980.990.970.720.93
0.54-0.840.50.91-0.780.95-0.77-0.90.560.790.79-0.4-0.21-0.50.79-0.670.88-0.690.510.28-0.66-0.73-0.64-0.24-0.89
0.3-0.720.240.91-0.80.95-0.61-0.920.620.820.64-0.47-0.29-0.550.74-0.730.88-0.710.490.32-0.7-0.75-0.68-0.32-0.9
-0.870.96-0.88-0.820.74-0.77-0.610.77-0.28-0.77-0.990.40.230.57-0.740.63-0.790.69-0.41-0.490.680.720.610.250.79
-0.510.8-0.44-0.990.88-0.9-0.920.77-0.7-0.95-0.790.50.290.69-0.90.79-0.980.84-0.49-0.560.830.880.760.320.99
0.3-0.20.160.63-0.320.560.62-0.28-0.70.520.280.140.35-0.110.85-0.20.6-0.330.060.08-0.29-0.38-0.160.32-0.62
0.44-0.820.40.96-0.920.790.82-0.77-0.950.520.81-0.65-0.47-0.810.79-0.890.96-0.90.450.72-0.91-0.92-0.84-0.5-0.96
0.83-0.970.830.84-0.770.790.64-0.99-0.790.280.81-0.45-0.28-0.610.74-0.680.82-0.720.390.53-0.72-0.75-0.65-0.3-0.82
0.030.59-0.03-0.550.85-0.4-0.470.40.50.14-0.65-0.450.970.94-0.130.92-0.620.85-0.75-0.840.880.820.940.980.6
0.190.440.11-0.340.7-0.21-0.290.230.290.35-0.47-0.280.970.850.10.81-0.420.71-0.68-0.760.740.670.841.00.39
-0.20.69-0.23-0.720.93-0.5-0.550.570.69-0.11-0.81-0.610.940.85-0.410.97-0.790.96-0.75-0.950.970.940.980.860.77
0.69-0.660.590.88-0.630.790.74-0.74-0.90.850.790.74-0.130.1-0.41-0.490.85-0.620.260.36-0.58-0.67-0.450.08-0.86
-0.220.78-0.23-0.820.98-0.67-0.730.630.79-0.2-0.89-0.680.920.810.97-0.49-0.870.97-0.72-0.850.990.960.990.830.85
0.51-0.840.470.99-0.940.880.88-0.79-0.980.60.960.82-0.62-0.42-0.790.85-0.87-0.920.60.67-0.91-0.95-0.85-0.45-1.0
-0.360.79-0.36-0.870.98-0.69-0.710.690.84-0.33-0.9-0.720.850.710.96-0.620.97-0.92-0.77-0.880.991.00.970.720.9
0.19-0.530.220.52-0.740.510.49-0.41-0.490.060.450.39-0.75-0.68-0.750.26-0.720.6-0.770.61-0.71-0.75-0.79-0.69-0.58
0.21-0.560.240.59-0.80.280.32-0.49-0.560.080.720.53-0.84-0.76-0.950.36-0.850.67-0.880.61-0.89-0.85-0.86-0.77-0.64
-0.310.78-0.31-0.850.98-0.66-0.70.680.83-0.29-0.91-0.720.880.740.97-0.580.99-0.910.99-0.71-0.890.990.980.760.89
-0.390.8-0.38-0.90.99-0.73-0.750.720.88-0.38-0.92-0.750.820.670.94-0.670.96-0.951.0-0.75-0.850.990.960.690.93
-0.210.75-0.23-0.790.97-0.64-0.680.610.76-0.16-0.84-0.650.940.840.98-0.450.99-0.850.97-0.79-0.860.980.960.850.83
0.170.460.09-0.360.72-0.24-0.320.250.320.32-0.5-0.30.981.00.860.080.83-0.450.72-0.69-0.770.760.690.850.42
-0.510.84-0.47-1.00.93-0.89-0.90.790.99-0.62-0.96-0.820.60.390.77-0.860.85-1.00.9-0.58-0.640.890.930.830.42
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Overactive Media Account Relationship Matchups

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Additional Tools for Overactive Stock Analysis

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