Odyssean Inventory vs Other Assets Analysis

OIT Stock   151.00  2.25  1.47%   
Odyssean Investment financial indicator trend analysis is much more than just breaking down Odyssean Investment Trust prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Odyssean Investment Trust is a good investment. Please check the relationship between Odyssean Investment Inventory and its Other Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Odyssean Investment Trust. 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 economic analysis.

Inventory vs Other Assets

Inventory vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Odyssean Investment Trust Inventory account and Other Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Odyssean Investment's Inventory and Other Assets is -0.68. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Assets in the same time period over historical financial statements of Odyssean Investment Trust, assuming nothing else is changed. The correlation between historical values of Odyssean Investment's Inventory and Other 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 Inventory of Odyssean Investment Trust are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Inventory i.e., Odyssean Investment's Inventory and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.68
Relationship DirectionNegative 
Relationship StrengthWeak

Inventory

Other Assets

Most indicators from Odyssean Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Odyssean Investment Trust 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 Odyssean Investment Trust. 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 economic analysis.
As of November 30, 2024, Selling General Administrative is expected to decline to about 719.3 K. In addition to that, Tax Provision is expected to decline to 7,260

Odyssean Investment fundamental ratios Correlations

-0.010.821.00.990.90.960.7-0.91.0-0.970.93-0.90.45-0.510.760.91-0.510.651.00.711.0-0.890.910.91-0.83
-0.01-0.250.00.02-0.11-0.17-0.50.16-0.05-0.08-0.260.16-0.44-0.630.53-0.25-0.630.730.0-0.49-0.050.190.340.34-0.5
0.82-0.250.810.80.860.840.94-0.860.84-0.820.95-0.860.15-0.470.660.96-0.470.370.810.950.84-0.860.670.67-0.63
1.00.00.810.990.90.960.68-0.91.0-0.970.92-0.90.45-0.510.760.9-0.510.661.00.71.0-0.880.920.92-0.83
0.990.020.80.990.870.930.64-0.880.99-0.930.92-0.880.41-0.470.80.9-0.470.650.990.660.99-0.850.920.92-0.82
0.9-0.110.860.90.870.860.78-1.00.93-0.930.91-1.00.5-0.510.660.93-0.510.580.90.810.93-1.00.850.85-0.79
0.96-0.170.840.960.930.860.79-0.860.96-0.950.92-0.860.44-0.460.620.89-0.460.510.960.80.96-0.850.780.78-0.71
0.7-0.50.940.680.640.780.79-0.770.72-0.720.88-0.770.22-0.320.380.87-0.320.130.680.990.72-0.790.450.45-0.42
-0.90.16-0.86-0.9-0.88-1.0-0.86-0.77-0.930.91-0.921.0-0.530.45-0.64-0.940.45-0.54-0.9-0.81-0.931.0-0.84-0.840.76
1.0-0.050.841.00.990.930.960.72-0.93-0.970.94-0.930.47-0.490.740.93-0.490.631.00.731.0-0.910.910.91-0.82
-0.97-0.08-0.82-0.97-0.93-0.93-0.95-0.720.91-0.97-0.890.91-0.370.68-0.77-0.880.68-0.73-0.97-0.73-0.970.9-0.91-0.910.89
0.93-0.260.950.920.920.910.920.88-0.920.94-0.89-0.920.38-0.390.660.99-0.390.420.920.880.94-0.910.780.78-0.68
-0.90.16-0.86-0.9-0.88-1.0-0.86-0.771.0-0.930.91-0.92-0.530.45-0.64-0.940.45-0.54-0.9-0.81-0.931.0-0.84-0.840.76
0.45-0.440.150.450.410.50.440.22-0.530.47-0.370.38-0.530.27-0.120.380.270.020.450.250.47-0.540.330.33-0.13
-0.51-0.63-0.47-0.51-0.47-0.51-0.46-0.320.45-0.490.68-0.390.450.27-0.78-0.41.0-0.87-0.51-0.33-0.490.44-0.67-0.670.85
0.760.530.660.760.80.660.620.38-0.640.74-0.770.66-0.64-0.12-0.780.66-0.780.870.760.40.74-0.610.890.89-0.92
0.91-0.250.960.90.90.930.890.87-0.940.93-0.880.99-0.940.38-0.40.66-0.40.430.90.890.93-0.940.780.78-0.69
-0.51-0.63-0.47-0.51-0.47-0.51-0.46-0.320.45-0.490.68-0.390.450.271.0-0.78-0.4-0.87-0.51-0.33-0.490.44-0.67-0.670.85
0.650.730.370.660.650.580.510.13-0.540.63-0.730.42-0.540.02-0.870.870.43-0.870.660.160.63-0.510.870.87-0.95
1.00.00.811.00.990.90.960.68-0.91.0-0.970.92-0.90.45-0.510.760.9-0.510.660.71.0-0.880.920.92-0.83
0.71-0.490.950.70.660.810.80.99-0.810.73-0.730.88-0.810.25-0.330.40.89-0.330.160.70.73-0.830.480.48-0.44
1.0-0.050.841.00.990.930.960.72-0.931.0-0.970.94-0.930.47-0.490.740.93-0.490.631.00.73-0.910.910.91-0.82
-0.890.19-0.86-0.88-0.85-1.0-0.85-0.791.0-0.910.9-0.911.0-0.540.44-0.61-0.940.44-0.51-0.88-0.83-0.91-0.81-0.810.73
0.910.340.670.920.920.850.780.45-0.840.91-0.910.78-0.840.33-0.670.890.78-0.670.870.920.480.91-0.811.0-0.96
0.910.340.670.920.920.850.780.45-0.840.91-0.910.78-0.840.33-0.670.890.78-0.670.870.920.480.91-0.811.0-0.96
-0.83-0.5-0.63-0.83-0.82-0.79-0.71-0.420.76-0.820.89-0.680.76-0.130.85-0.92-0.690.85-0.95-0.83-0.44-0.820.73-0.96-0.96
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Odyssean Investment Account Relationship Matchups

Odyssean Investment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets82.3M125.1M161.0M182.9M189.2M151.4M
Other Current Liab(2.2M)(2.5M)(3.1M)(1.7M)1.4M1.5M
Total Current Liabilities2.2M2.1M3.1M1.7M3.0M2.3M
Total Stockholder Equity80.1M122.6M157.8M181.2M187.6M149.3M
Net Tangible Assets80.1M122.6M157.8M181.2M208.4M137.9M
Net Debt(9.8M)(15.7M)(5.2M)(1.4M)(4.9M)(5.2M)
Retained Earnings78.8M121.2M143.6M139.5M132.8M128.3M
Accounts Payable2.2M2.5M3.1M1.7M1.6M2.1M
Cash9.8M15.7M5.2M1.4M4.9M7.4M
Non Current Assets Total72.3M109.3M155.3M180.4M182.3M140.5M
Non Currrent Assets Other(72.3M)(109.3M)(155.3M)(180.4M)(182.3M)(191.4M)
Cash And Short Term Investments9.8M15.7M5.2M1.4M4.9M7.4M
Liabilities And Stockholders Equity82.3M125.1M161.0M182.9M189.2M151.4M
Other Current Assets187.0K143K420.0K1.1M1.9M2.0M
Other Stockholder Equity79.2M121.7M156.9M180.1M186.3M148.2M
Total Liab2.2M2.1M3.1M1.7M1.6M2.0M
Long Term Investments72.3M109.3M155.3M180.4M182.3M140.5M
Total Current Assets10.0M15.8M5.6M2.5M6.9M7.9M

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Other Information on Investing in Odyssean Stock

Balance Sheet is a snapshot of the financial position of Odyssean Investment Trust at a specified time, usually calculated after every quarter, six months, or one year. Odyssean Investment Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Odyssean Investment and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Odyssean currently owns. An asset can also be divided into two categories, current and non-current.