OncoCyte Payout Ratio vs Roic Analysis
OCX Stock | USD 2.58 0.06 2.38% |
OncoCyte Corp financial indicator trend analysis is much more than just breaking down OncoCyte Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OncoCyte Corp is a good investment. Please check the relationship between OncoCyte Corp Payout Ratio and its Roic accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OncoCyte 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 main economic indicators. For more information on how to buy OncoCyte Stock please use our How to Invest in OncoCyte Corp guide.
Payout Ratio vs Roic
Payout Ratio vs Roic Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OncoCyte Corp Payout Ratio account and Roic. At this time, the significance of the direction appears to have very week relationship.
The correlation between OncoCyte Corp's Payout Ratio and Roic is 0.26. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Roic in the same time period over historical financial statements of OncoCyte Corp, assuming nothing else is changed. The correlation between historical values of OncoCyte Corp's Payout Ratio and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of OncoCyte Corp are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Payout Ratio i.e., OncoCyte Corp's Payout Ratio and Roic go up and down completely randomly.
Correlation Coefficient | 0.26 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Payout Ratio
Payout Ratio is the proportion of OncoCyte Corp earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of OncoCyte Corp dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating OncoCyte Corp is paying out more in dividends than it makes in net income.Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.Most indicators from OncoCyte Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OncoCyte 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 OncoCyte 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 main economic indicators. For more information on how to buy OncoCyte Stock please use our How to Invest in OncoCyte Corp guide.At this time, OncoCyte Corp's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 12.84 in 2025, whereas Selling General Administrative is likely to drop slightly above 11.2 M in 2025.
OncoCyte Corp fundamental ratios Correlations
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OncoCyte Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
OncoCyte Corp fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 55.4M | 159.6M | 100.1M | 74.9M | 86.1M | 49.1M | |
Short Long Term Debt Total | 8.6M | 5.7M | 3.5M | 2.9M | 3.3M | 4.1M | |
Other Current Liab | 5.3M | 9.4M | 9.2M | 5.6M | 6.4M | 4.8M | |
Total Current Liabilities | 9.0M | 14.1M | 12.1M | 7.2M | 8.3M | 7.6M | |
Total Stockholder Equity | 33.5M | 65.2M | 34.3M | 25.6M | 29.4M | 22.0M | |
Property Plant And Equipment Net | 6.5M | 8.5M | 10.9M | 5.4M | 6.3M | 3.8M | |
Net Debt | 1.5M | (29.9M) | (16.4M) | (6.6M) | (5.9M) | (6.2M) | |
Retained Earnings | (123.7M) | (187.8M) | (260.7M) | (289.9M) | (260.9M) | (247.8M) | |
Accounts Payable | 432K | 1.8M | 1.3M | 953K | 1.1M | 621.2K | |
Cash | 7.1M | 35.6M | 20.0M | 9.4M | 10.8M | 12.8M | |
Non Current Assets Total | 46.2M | 120.4M | 74.6M | 64.2M | 73.8M | 77.5M | |
Non Currrent Assets Other | 1.9M | 2.0M | 2.1M | 2.2M | 2.5M | 1.5M | |
Other Assets | 2.2M | 2.1M | 2.0M | 1.0 | 1.15 | 1.09 | |
Cash And Short Term Investments | 7.8M | 36.5M | 20.4M | 9.4M | 10.8M | 14.5M | |
Common Stock Total Equity | 124.6M | 157.2M | 253.0M | 294.9M | 339.2M | 356.1M | |
Common Stock Shares Outstanding | 3.3M | 4.4M | 5.5M | 7.7M | 8.8M | 9.2M | |
Short Term Investments | 428K | 379K | 675K | 904K | 433K | 0.0 | |
Liabilities And Stockholders Equity | 55.4M | 159.6M | 100.1M | 74.9M | 86.1M | 49.1M | |
Other Current Assets | 1.2M | 3.9M | 3.1M | 782K | 899.3K | 1.1M | |
Other Stockholder Equity | 948K | 343K | 37K | (5.3M) | (4.8M) | (4.5M) | |
Total Liab | 21.9M | 94.3M | 65.8M | 49.3M | 56.7M | 59.5M | |
Property Plant And Equipment Gross | 6.5M | 8.5M | 10.9M | 5.4M | 6.3M | 3.8M | |
Total Current Assets | 9.2M | 39.1M | 25.5M | 10.7M | 12.3M | 15.7M | |
Accumulated Other Comprehensive Income | 0.0 | 37K | 39K | 49K | 56.4K | 59.2K | |
Short Term Debt | 3.2M | 3.0M | 1.6M | 665K | 598.5K | 568.6K | |
Common Stock | 157.2M | 253.0M | 294.9M | 310.3M | 356.8M | 374.7M | |
Property Plant Equipment | 614K | 3.7M | 6.5M | 8.5M | 9.8M | 10.3M | |
Net Tangible Assets | 30.8M | 9.3M | (44.7M) | (22.0M) | (19.8M) | (18.8M) | |
Retained Earnings Total Equity | (93.7M) | (123.7M) | (187.8M) | (260.7M) | (234.6M) | (222.9M) | |
Non Current Liabilities Total | 12.9M | 80.2M | 53.7M | 42.1M | 48.4M | 26.9M | |
Capital Lease Obligations | 4.7M | 4.4M | 3.5M | 2.9M | 3.3M | 2.8M | |
Net Invested Capital | 37.4M | 66.5M | 34.3M | 20.5M | 23.5M | 32.0M | |
Net Working Capital | 230K | 25.0M | 13.4M | 3.5M | 4.0M | 3.8M | |
Capital Stock | 157.2M | 253.0M | 294.9M | 310.3M | 356.8M | 222.7M | |
Non Current Liabilities Other | 7.1M | 80.2M | 48.4M | 39.9M | 45.9M | 39.2M |
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