OppFi Other Operating Expenses vs Research Development Analysis

OPFI Stock  USD 6.85  0.01  0.15%   
OppFi financial indicator trend analysis is much more than just breaking down OppFi Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OppFi Inc is a good investment. Please check the relationship between OppFi Other Operating Expenses and its Research Development accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OppFi Inc. 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.

Other Operating Expenses vs Research Development

Other Operating Expenses vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OppFi Inc Other Operating Expenses account and Research Development. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between OppFi's Other Operating Expenses and Research Development is 0.44. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Research Development in the same time period over historical financial statements of OppFi Inc, assuming nothing else is changed. The correlation between historical values of OppFi's Other Operating Expenses and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of OppFi Inc are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Other Operating Expenses i.e., OppFi's Other Operating Expenses and Research Development go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of OppFi Inc. It is also known as OppFi overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Research Development

Most indicators from OppFi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OppFi Inc 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 OppFi Inc. 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.
As of now, OppFi's Enterprise Value Multiple is increasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Other Operating Expenses183.1M221.7M231.2M221.5M
Total Revenue350.6M452.9M508.9M356.9M

OppFi fundamental ratios Correlations

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-0.72-0.83-0.27-0.31-0.720.49-0.57-0.840.92-0.91-0.150.210.29-0.02-0.89-0.33-0.740.45-0.9-0.85-0.65-0.71-0.74-0.84-0.28
0.790.710.760.82-0.720.210.640.58-0.840.470.6-0.69-0.73-0.510.650.430.77-0.010.690.590.850.860.850.720.24
-0.18-0.40.430.430.490.21-0.15-0.550.33-0.570.3-0.41-0.33-0.49-0.55-0.2-0.220.55-0.5-0.550.02-0.07-0.1-0.39-0.31
0.960.920.80.69-0.570.64-0.150.87-0.810.30.56-0.81-0.85-0.210.680.580.960.390.710.860.930.890.920.920.85
0.90.980.450.4-0.840.58-0.550.87-0.910.670.3-0.44-0.520.050.90.50.92-0.070.911.00.810.820.860.980.73
-0.92-0.95-0.6-0.620.92-0.840.33-0.81-0.91-0.69-0.470.550.630.25-0.92-0.59-0.930.17-0.92-0.92-0.88-0.92-0.93-0.96-0.53
0.420.6-0.06-0.07-0.910.47-0.570.30.67-0.69-0.280.130.050.390.66-0.050.46-0.530.680.660.330.360.430.60.01
0.650.460.780.91-0.150.60.30.560.3-0.47-0.28-0.8-0.8-0.90.450.830.610.230.430.350.710.760.670.470.54
-0.77-0.59-0.99-0.940.21-0.69-0.41-0.81-0.440.550.13-0.80.990.63-0.33-0.59-0.74-0.62-0.36-0.44-0.84-0.79-0.78-0.59-0.6
-0.83-0.66-0.99-0.930.29-0.73-0.33-0.85-0.520.630.05-0.80.990.61-0.41-0.64-0.8-0.56-0.43-0.52-0.88-0.84-0.83-0.66-0.64
-0.34-0.13-0.63-0.8-0.02-0.51-0.49-0.210.050.250.39-0.90.630.61-0.18-0.71-0.29-0.09-0.150.0-0.42-0.5-0.39-0.14-0.13
0.830.90.350.45-0.890.65-0.550.680.9-0.920.660.45-0.33-0.41-0.180.620.85-0.390.990.930.760.830.830.910.59
0.660.590.560.67-0.330.43-0.20.580.5-0.59-0.050.83-0.59-0.64-0.710.620.65-0.040.550.540.610.720.640.590.61
1.00.980.750.73-0.740.77-0.220.960.92-0.930.460.61-0.74-0.8-0.290.850.650.140.860.930.970.970.990.980.77
0.160.010.570.350.45-0.010.550.39-0.070.17-0.530.23-0.62-0.56-0.09-0.39-0.040.14-0.34-0.10.240.090.130.00.38
0.850.910.380.46-0.90.69-0.50.710.91-0.920.680.43-0.36-0.43-0.150.990.550.86-0.340.930.790.850.860.920.59
0.910.980.450.43-0.850.59-0.550.861.0-0.920.660.35-0.44-0.520.00.930.540.93-0.10.930.820.840.870.980.75
0.980.90.860.85-0.650.850.020.930.81-0.880.330.71-0.84-0.88-0.420.760.610.970.240.790.820.980.990.910.71
0.980.910.810.85-0.710.86-0.070.890.82-0.920.360.76-0.79-0.84-0.50.830.720.970.090.850.840.980.990.920.69
0.990.940.80.8-0.740.85-0.10.920.86-0.930.430.67-0.78-0.83-0.390.830.640.990.130.860.870.990.990.950.71
0.971.00.610.58-0.840.72-0.390.920.98-0.960.60.47-0.59-0.66-0.140.910.590.980.00.920.980.910.920.950.74
0.770.740.540.47-0.280.24-0.310.850.73-0.530.010.54-0.6-0.64-0.130.590.610.770.380.590.750.710.690.710.74
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OppFi Account Relationship Matchups

Currently Active Assets on Macroaxis

When determining whether OppFi Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OppFi's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Oppfi Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Oppfi Inc Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OppFi Inc. 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.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OppFi. If investors know OppFi will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OppFi listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.631
Earnings Share
0.3
Revenue Per Share
13.499
Quarterly Revenue Growth
0.256
Return On Assets
0.1177
The market value of OppFi Inc is measured differently than its book value, which is the value of OppFi that is recorded on the company's balance sheet. Investors also form their own opinion of OppFi's value that differs from its market value or its book value, called intrinsic value, which is OppFi's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OppFi's market value can be influenced by many factors that don't directly affect OppFi's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OppFi's value and its price as these two are different measures arrived at by different means. Investors typically determine if OppFi is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OppFi's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.