OFS Gross Profit vs Operating Income Analysis

OFS Stock

USD 8.35 0.13 1.58%

OFS Capital financial indicator trend analysis is much more than just breaking down OFS Capital Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OFS Capital Corp is a good investment. Please check the relationship between OFS Capital Gross Profit and its Operating Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OFS Capital 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 census.

For more information on how to buy OFS Stock please use our How to Invest in OFS Capital guide.

Gross Profit vs Operating Income

Gross Profit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OFS Capital Corp Gross Profit account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between OFS Capital's Gross Profit and Operating Income is 0.94. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of OFS Capital Corp, assuming nothing else is changed. The correlation between historical values of OFS Capital's Gross Profit and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of OFS Capital Corp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Gross Profit i.e., OFS Capital's Gross Profit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of OFS Capital Corp minus its cost of goods sold. It is profit before OFS Capital operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from OFS Capital Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of OFS Capital Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from OFS Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OFS Capital 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 OFS Capital 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 census.

For more information on how to buy OFS Stock please use our How to Invest in OFS Capital guide.At this time, OFS Capital's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 10.78 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.07 in 2024.

	2021	2022	2023	2024 (projected)
Net Interest Income	24.9M	29.2M	35.7M	31.4M
Interest Income	42.4M	46.3M	55.3M	41.8M

Net Interest Income Interest Income

OFS Capital fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Other Liab	Long Term Debt	Other Current Assets	Current Deferred Revenue	Retained Earnings	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total
Total Assets		0.95	0.68	-0.19	0.87	0.95	0.7	0.44	0.85	-0.23	-0.3	0.36	0.45	0.87	0.91	0.99	0.42	0.03	-0.59	0.86	-0.09	-0.26	-0.3	0.81	0.39	0.61
Short Long Term Debt Total	0.95		0.66	-0.21	0.71	0.96	0.78	0.32	0.85	-0.13	-0.35	0.24	0.4	0.92	0.81	0.98	0.31	0.05	-0.34	0.91	-0.06	-0.18	-0.41	0.86	0.31	0.63
Other Current Liab	0.68	0.66		-0.39	0.69	0.56	0.38	0.59	0.79	-0.31	-0.65	0.52	0.08	0.68	0.66	0.64	0.53	-0.05	-0.44	0.63	-0.29	-0.68	-0.14	0.68	0.53	0.42
Total Current Liabilities	-0.19	-0.21	-0.39		-0.25	-0.12	-0.18	-0.23	-0.32	0.28	0.35	-0.19	-0.16	-0.18	-0.22	-0.16	-0.19	0.09	0.06	-0.3	0.19	0.23	0.01	-0.17	-0.26	-0.1
Total Stockholder Equity	0.87	0.71	0.69	-0.25		0.71	0.45	0.66	0.73	-0.45	-0.31	0.59	0.47	0.72	0.89	0.78	0.64	-0.14	-0.76	0.61	-0.17	-0.39	0.0	0.69	0.42	0.44
Net Debt	0.95	0.96	0.56	-0.12	0.71		0.73	0.17	0.8	-0.06	-0.22	0.09	0.39	0.8	0.8	0.98	0.16	0.14	-0.47	0.88	-0.02	-0.14	-0.4	0.73	0.29	0.57
Accounts Payable	0.7	0.78	0.38	-0.18	0.45	0.73		0.14	0.74	0.02	-0.43	0.15	0.4	0.71	0.51	0.75	0.24	0.32	-0.06	0.74	0.22	-0.15	-0.29	0.59	0.43	0.75
Cash	0.44	0.32	0.59	-0.23	0.66	0.17	0.14		0.38	-0.5	-0.31	0.98	0.23	0.52	0.62	0.34	0.97	-0.36	-0.42	0.27	-0.27	-0.4	0.07	0.6	0.4	0.41
Non Current Assets Total	0.85	0.85	0.79	-0.32	0.73	0.8	0.74	0.38		-0.13	-0.75	0.3	0.18	0.86	0.77	0.84	0.36	0.07	-0.38	0.76	-0.06	-0.42	-0.23	0.81	0.33	0.51
Non Currrent Assets Other	-0.23	-0.13	-0.31	0.28	-0.45	-0.06	0.02	-0.5	-0.13		0.1	-0.54	-0.61	-0.15	-0.34	-0.15	-0.6	0.2	0.27	-0.11	0.49	0.15	-0.25	-0.22	-0.2	-0.39
Other Assets	-0.3	-0.35	-0.65	0.35	-0.31	-0.22	-0.43	-0.31	-0.75	0.1		-0.27	0.18	-0.53	-0.31	-0.29	-0.3	-0.03	0.01	-0.3	0.12	0.47	0.05	-0.52	-0.14	-0.23
Cash And Short Term Investments	0.36	0.24	0.52	-0.19	0.59	0.09	0.15	0.98	0.3	-0.54	-0.27		0.24	0.44	0.55	0.26	0.99	-0.28	-0.38	0.22	-0.3	-0.4	0.07	0.52	0.43	0.48
Net Receivables	0.45	0.4	0.08	-0.16	0.47	0.39	0.4	0.23	0.18	-0.61	0.18	0.24		0.24	0.27	0.42	0.38	0.0	-0.08	0.27	0.14	0.14	0.36	0.18	0.3	0.45
Common Stock Shares Outstanding	0.87	0.92	0.68	-0.18	0.72	0.8	0.71	0.52	0.86	-0.15	-0.53	0.44	0.24		0.84	0.87	0.48	-0.14	-0.31	0.81	-0.12	-0.24	-0.41	0.97	0.22	0.58
Other Stockholder Equity	0.91	0.81	0.66	-0.22	0.89	0.8	0.51	0.62	0.77	-0.34	-0.31	0.55	0.27	0.84		0.86	0.56	-0.13	-0.73	0.78	-0.33	-0.3	-0.39	0.85	0.3	0.57
Total Liab	0.99	0.98	0.64	-0.16	0.78	0.98	0.75	0.34	0.84	-0.15	-0.29	0.26	0.42	0.87	0.86		0.33	0.08	-0.5	0.89	-0.06	-0.2	-0.38	0.81	0.35	0.63
Total Current Assets	0.42	0.31	0.53	-0.19	0.64	0.16	0.24	0.97	0.36	-0.6	-0.3	0.99	0.38	0.48	0.56	0.33		-0.24	-0.35	0.26	-0.25	-0.38	0.13	0.55	0.46	0.55
Short Term Debt	0.03	0.05	-0.05	0.09	-0.14	0.14	0.32	-0.36	0.07	0.2	-0.03	-0.28	0.0	-0.14	-0.13	0.08	-0.24		0.05	0.3	-0.1	-0.29	-0.08	-0.16	0.16	0.33
Other Liab	-0.59	-0.34	-0.44	0.06	-0.76	-0.47	-0.06	-0.42	-0.38	0.27	0.01	-0.38	-0.08	-0.31	-0.73	-0.5	-0.35	0.05		-0.35	0.38	0.3	0.19	-0.32	-0.25	-0.2
Long Term Debt	0.86	0.91	0.63	-0.3	0.61	0.88	0.74	0.27	0.76	-0.11	-0.3	0.22	0.27	0.81	0.78	0.89	0.26	0.3	-0.35		-0.24	-0.37	-0.52	0.78	0.41	0.71
Other Current Assets	-0.09	-0.06	-0.29	0.19	-0.17	-0.02	0.22	-0.27	-0.06	0.49	0.12	-0.3	0.14	-0.12	-0.33	-0.06	-0.25	-0.1	0.38	-0.24		0.16	0.45	-0.27	0.19	-0.27
Current Deferred Revenue	-0.26	-0.18	-0.68	0.23	-0.39	-0.14	-0.15	-0.4	-0.42	0.15	0.47	-0.4	0.14	-0.24	-0.3	-0.2	-0.38	-0.29	0.3	-0.37	0.16		-0.15	-0.22	-0.65	-0.22
Retained Earnings	-0.3	-0.41	-0.14	0.01	0.0	-0.4	-0.29	0.07	-0.23	-0.25	0.05	0.07	0.36	-0.41	-0.39	-0.38	0.13	-0.08	0.19	-0.52	0.45	-0.15		-0.43	0.15	-0.38
Common Stock Total Equity	0.81	0.86	0.68	-0.17	0.69	0.73	0.59	0.6	0.81	-0.22	-0.52	0.52	0.18	0.97	0.85	0.81	0.55	-0.16	-0.32	0.78	-0.27	-0.22	-0.43		0.15	0.58
Short Term Investments	0.39	0.31	0.53	-0.26	0.42	0.29	0.43	0.4	0.33	-0.2	-0.14	0.43	0.3	0.22	0.3	0.35	0.46	0.16	-0.25	0.41	0.19	-0.65	0.15	0.15		0.52
Non Current Liabilities Total	0.61	0.63	0.42	-0.1	0.44	0.57	0.75	0.41	0.51	-0.39	-0.23	0.48	0.45	0.58	0.57	0.63	0.55	0.33	-0.2	0.71	-0.27	-0.22	-0.38	0.58	0.52

Click cells to compare fundamentals

OFS Capital Account Relationship Matchups

OFS Capital fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	538.2M	483.8M	569.0M	520.7M	469.8M	388.5M
Short Long Term Debt Total	352.5M	309.2M	344.8M	331.8M	299.7M	248.8M
Other Current Liab	(13.8M)	(11.6M)	(12.5M)	(3.9M)	(3.7M)	(3.9M)
Total Current Liabilities	13.8M	11.6M	12.5M	104.7K	15.0M	16.4M
Total Stockholder Equity	166.6M	159.0M	203.7M	180.4M	162.0M	159.7M
Net Debt	339.0M	271.5M	301.8M	316.8M	254.4M	186.0M
Accounts Payable	13.8M	11.6M	12.5M	3.9M	3.7M	3.5M
Cash	13.4M	37.7M	43.0M	14.9M	45.3M	27.5M
Non Current Assets Total	516.9M	442.3M	507.1M	500.6M	421.4M	289.8M
Non Currrent Assets Other	(1.3M)	(1.4M)	(569.0M)	(477K)	(420.4M)	(399.3M)
Other Assets	4.5M	2.5M	2.5M	19.6M	834K	792.3K
Cash And Short Term Investments	13.4M	37.7M	43.0M	515.5K	45.3M	26.4M
Net Receivables	3.3M	1.3M	16.4M	2.2M	2.2M	3.6M
Common Stock Shares Outstanding	13.4M	13.4M	13.4M	13.4M	13.4M	12.4M
Liabilities And Stockholders Equity	538.2M	483.8M	569.0M	520.7M	469.8M	388.5M
Other Stockholder Equity	187.3M	187.1M	185.1M	184.8M	212.6M	163.9M
Total Liab	371.6M	324.9M	365.3M	340.3M	307.8M	228.8M
Total Current Assets	16.8M	39.0M	59.4M	517.7K	47.6M	29.0M
Short Term Debt	352.5M	32.1M	100M	104.7K	90.5M	80.1M
Other Liab	587K	338K	1.4M	244K	219.6K	208.6K
Long Term Debt	164.8M	242.8M	352.5M	227.1M	261.1M	198.6M
Retained Earnings	(20.8M)	(28.3M)	18.5M	(4.6M)	(23.0M)	(21.8M)
Non Current Liabilities Total	352.5M	309.2M	344.8M	235.6K	299.7M	225.8M
Intangible Assets	1.5M	1.3M	1.4M	477K	69K	65.6K
Net Tangible Assets	165.3M	157.8M	203.7M	180.4M	207.5M	180.9M
Deferred Long Term Liab	180K	1.6M	1.0M	671K	603.9K	920.4K
Long Term Investments	516.9M	442.3M	507.1M	500.6M	420.3M	405.7M
Long Term Debt Total	164.8M	254.8M	352.5M	227.1M	261.1M	238.7M
Capital Surpluse	187.4M	187.5M	187.3M	184.8M	212.6M	186.2M
Net Invested Capital	519.1M	468.1M	548.6M	512.2M	461.7M	517.4M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for OFS Stock Analysis

When running OFS Capital's price analysis, check to measure OFS Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy OFS Capital is operating at the current time. Most of OFS Capital's value examination focuses on studying past and present price action to predict the probability of OFS Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OFS Capital's price. Additionally, you may evaluate how the addition of OFS Capital to your portfolios can decrease your overall portfolio volatility.

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