Odyssean Retained Earnings vs Non Currrent Assets Other 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 Retained Earnings and its Non Currrent Assets Other 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.

Retained Earnings vs Non Currrent Assets Other

Retained Earnings vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Odyssean Investment Trust Retained Earnings account and Non Currrent Assets Other. At this time, the significance of the direction appears to have pay attention.
The correlation between Odyssean Investment's Retained Earnings and Non Currrent Assets Other is -0.95. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Non Currrent Assets Other 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 Retained Earnings and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Odyssean Investment Trust are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Retained Earnings i.e., Odyssean Investment's Retained Earnings and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.95
Relationship DirectionNegative 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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.