Odyssean Total Stockholder Equity vs Net Tangible Assets Analysis

OIT Stock   150.50  1.25  0.82%   
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 Total Stockholder Equity and its Net Tangible 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.

Total Stockholder Equity vs Net Tangible Assets

Total Stockholder Equity vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Odyssean Investment Trust Total Stockholder Equity account and Net Tangible Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Odyssean Investment's Total Stockholder Equity and Net Tangible Assets is 1.0. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Tangible 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 Total Stockholder Equity and Net Tangible 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 Total Stockholder Equity of Odyssean Investment Trust are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Stockholder Equity i.e., Odyssean Investment's Total Stockholder Equity and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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 February 25, 2025, 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

0.230.861.01.00.890.970.67-0.91.0-0.950.93-0.90.27-0.440.830.91-0.440.741.00.691.0-0.880.930.93-0.88
0.230.00.240.20.030.07-0.35-0.030.2-0.18-0.06-0.03-0.46-0.580.62-0.06-0.580.790.24-0.330.20.010.510.51-0.59
0.860.00.860.850.870.880.9-0.880.88-0.850.96-0.880.05-0.420.720.96-0.420.530.860.920.88-0.870.750.75-0.72
1.00.240.861.00.880.970.66-0.91.0-0.950.92-0.90.27-0.440.830.91-0.440.751.00.681.0-0.880.930.93-0.88
1.00.20.851.00.880.970.66-0.91.0-0.950.93-0.90.3-0.390.810.91-0.390.711.00.681.0-0.880.920.92-0.86
0.890.030.870.880.880.870.78-1.00.91-0.940.92-1.00.43-0.420.620.94-0.420.620.880.820.91-1.00.780.78-0.8
0.970.070.880.970.970.870.78-0.880.97-0.950.94-0.880.3-0.450.710.91-0.450.630.970.780.97-0.870.820.82-0.78
0.67-0.350.90.660.660.780.78-0.780.7-0.730.88-0.780.18-0.330.380.88-0.330.230.660.990.7-0.80.450.45-0.45
-0.9-0.03-0.88-0.9-0.9-1.0-0.88-0.78-0.920.93-0.931.0-0.430.39-0.65-0.950.39-0.61-0.9-0.82-0.921.0-0.8-0.80.8
1.00.20.881.01.00.910.970.7-0.92-0.960.94-0.920.3-0.430.810.93-0.430.721.00.721.0-0.90.920.92-0.87
-0.95-0.18-0.85-0.95-0.95-0.94-0.95-0.730.93-0.96-0.920.93-0.330.5-0.7-0.90.5-0.73-0.95-0.75-0.960.92-0.84-0.840.89
0.93-0.060.960.920.930.920.940.88-0.930.94-0.92-0.930.29-0.330.680.99-0.330.520.920.890.94-0.920.780.78-0.74
-0.9-0.03-0.88-0.9-0.9-1.0-0.88-0.781.0-0.920.93-0.93-0.430.39-0.65-0.950.39-0.61-0.9-0.82-0.921.0-0.8-0.80.8
0.27-0.460.050.270.30.430.30.18-0.430.3-0.330.29-0.430.24-0.210.290.24-0.090.270.210.3-0.450.10.1-0.06
-0.44-0.58-0.42-0.44-0.39-0.42-0.45-0.330.39-0.430.5-0.330.390.24-0.55-0.341.0-0.77-0.44-0.33-0.430.39-0.53-0.530.63
0.830.620.720.830.810.620.710.38-0.650.81-0.70.68-0.65-0.21-0.550.68-0.550.850.830.40.81-0.610.950.95-0.87
0.91-0.060.960.910.910.940.910.88-0.950.93-0.90.99-0.950.29-0.340.68-0.340.530.910.890.93-0.950.790.79-0.74
-0.44-0.58-0.42-0.44-0.39-0.42-0.45-0.330.39-0.430.5-0.330.390.241.0-0.55-0.34-0.77-0.44-0.33-0.430.39-0.53-0.530.63
0.740.790.530.750.710.620.630.23-0.610.72-0.730.52-0.61-0.09-0.770.850.53-0.770.740.260.72-0.580.870.87-0.94
1.00.240.861.01.00.880.970.66-0.91.0-0.950.92-0.90.27-0.440.830.91-0.440.740.681.0-0.880.930.93-0.88
0.69-0.330.920.680.680.820.780.99-0.820.72-0.750.89-0.820.21-0.330.40.89-0.330.260.680.72-0.830.480.48-0.48
1.00.20.881.01.00.910.970.7-0.921.0-0.960.94-0.920.3-0.430.810.93-0.430.721.00.72-0.90.920.92-0.87
-0.880.01-0.87-0.88-0.88-1.0-0.87-0.81.0-0.90.92-0.921.0-0.450.39-0.61-0.950.39-0.58-0.88-0.83-0.9-0.77-0.770.77
0.930.510.750.930.920.780.820.45-0.80.92-0.840.78-0.80.1-0.530.950.79-0.530.870.930.480.92-0.771.0-0.93
0.930.510.750.930.920.780.820.45-0.80.92-0.840.78-0.80.1-0.530.950.79-0.530.870.930.480.92-0.771.0-0.93
-0.88-0.59-0.72-0.88-0.86-0.8-0.78-0.450.8-0.870.89-0.740.8-0.060.63-0.87-0.740.63-0.94-0.88-0.48-0.870.77-0.93-0.93
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Odyssean Investment Account Relationship Matchups

Odyssean Investment fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets125.1M161.0M182.9M189.2M217.5M151.4M
Other Current Liab(2.5M)(3.1M)(1.7M)1.4M1.7M1.7M
Total Current Liabilities2.1M3.1M1.7M3.0M3.5M2.3M
Total Stockholder Equity122.6M157.8M181.2M187.6M215.7M149.3M
Net Tangible Assets80.1M122.6M157.8M181.2M208.4M137.9M
Net Debt(15.7M)(5.2M)(1.4M)(4.9M)(5.7M)(6.0M)
Retained Earnings121.2M143.6M139.5M132.8M152.7M128.3M
Accounts Payable2.5M3.1M1.7M1.6M1.9M2.1M
Cash15.7M5.2M1.4M4.9M4.4M7.4M
Non Current Assets Total109.3M155.3M180.4M182.3M209.6M140.5M
Non Currrent Assets Other(109.3M)(155.3M)(180.4M)(182.3M)(164.1M)(172.3M)
Cash And Short Term Investments15.7M5.2M1.4M4.9M4.4M7.4M
Net Receivables143K420K1.1M62K71.3K67.7K
Common Stock Shares Outstanding88.3M88.0M92.5M117.0M134.5M103.8M
Liabilities And Stockholders Equity125.1M161.0M182.9M189.2M217.5M151.4M
Other Current Assets143K420.0K1.1M1.9M2.2M2.3M
Other Stockholder Equity121.7M156.9M180.1M186.3M214.3M148.2M
Total Liab2.1M3.1M1.7M1.6M1.9M2.0M
Long Term Investments109.3M155.3M180.4M182.3M209.6M140.5M
Total Current Assets15.8M5.6M2.5M6.9M6.2M7.9M
Inventory(143K)(420.0K)(1.1M)(1.9M)(1.7M)(1.6M)

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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.