OPTIMIZERx Cash vs Other Stockholder Equity Analysis

OPRX Stock  USD 5.40  0.21  4.05%   
OPTIMIZERx Corp financial indicator trend analysis is much more than just breaking down OPTIMIZERx Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OPTIMIZERx Corp is a good investment. Please check the relationship between OPTIMIZERx Corp Cash and its Other Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OPTIMIZERx 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 metropolitan statistical area.
For more information on how to buy OPTIMIZERx Stock please use our How to Invest in OPTIMIZERx Corp guide.

Cash vs Other Stockholder Equity

Cash vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OPTIMIZERx Corp Cash account and Other Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between OPTIMIZERx Corp's Cash and Other Stockholder Equity is 0.55. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of OPTIMIZERx Corp, assuming nothing else is changed. The correlation between historical values of OPTIMIZERx Corp's Cash and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of OPTIMIZERx Corp are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Cash i.e., OPTIMIZERx Corp's Cash and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Cash

Cash refers to the most liquid asset of OPTIMIZERx Corp, which is listed under current asset account on OPTIMIZERx Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from OPTIMIZERx Corp customers. The amounts must be unrestricted with restricted cash listed in a different OPTIMIZERx Corp account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Other Stockholder Equity

Most indicators from OPTIMIZERx Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OPTIMIZERx 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 OPTIMIZERx 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 metropolitan statistical area.
For more information on how to buy OPTIMIZERx Stock please use our How to Invest in OPTIMIZERx Corp guide.At this time, OPTIMIZERx Corp's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to rise to about 281.4 M in 2024, despite the fact that Tax Provision is likely to grow to (7.2 M).
 2021 2022 2023 2024 (projected)
Gross Profit35.6M39.0M42.9M45.0M
Total Revenue61.3M62.5M71.5M75.1M

OPTIMIZERx Corp fundamental ratios Correlations

0.760.880.940.980.830.32-0.04-0.870.290.520.890.6-0.020.720.740.330.990.840.860.830.20.89-0.020.980.61
0.760.840.850.620.62-0.080.53-0.780.020.00.96-0.040.070.250.99-0.110.690.980.720.290.540.950.060.80.87
0.880.840.960.810.850.020.32-0.86-0.050.150.940.24-0.060.580.83-0.040.850.910.890.550.280.94-0.070.930.7
0.940.850.960.880.880.240.16-0.910.210.340.950.350.070.670.850.150.920.930.920.650.360.950.060.980.67
0.980.620.810.880.790.39-0.2-0.810.340.620.80.74-0.040.770.60.440.990.730.810.920.080.79-0.040.950.49
0.830.620.850.880.790.36-0.01-0.780.160.40.80.38-0.070.730.640.180.820.760.990.620.090.81-0.080.830.5
0.32-0.080.020.240.390.36-0.76-0.250.770.840.040.60.130.58-0.060.790.370.040.310.56-0.180.060.130.28-0.27
-0.040.530.320.16-0.2-0.01-0.76-0.2-0.61-0.850.37-0.730.05-0.380.54-0.87-0.10.420.07-0.530.460.370.040.040.52
-0.87-0.78-0.86-0.91-0.81-0.78-0.25-0.2-0.27-0.25-0.87-0.35-0.2-0.73-0.78-0.04-0.89-0.85-0.82-0.61-0.37-0.87-0.2-0.89-0.45
0.290.02-0.050.210.340.160.77-0.61-0.270.730.060.520.490.510.050.690.330.080.150.480.320.070.490.24-0.19
0.520.00.150.340.620.40.84-0.85-0.250.730.160.83-0.010.62-0.020.960.550.110.360.8-0.210.16-0.010.45-0.07
0.890.960.940.950.80.80.040.37-0.870.060.160.18-0.010.470.95-0.010.850.990.860.50.41.0-0.020.920.82
0.6-0.040.240.350.740.380.6-0.73-0.350.520.830.18-0.030.71-0.060.720.670.080.340.94-0.280.17-0.020.5-0.11
-0.020.07-0.060.07-0.04-0.070.130.05-0.20.49-0.01-0.01-0.030.140.11-0.040.010.05-0.05-0.030.74-0.021.00.0-0.13
0.720.250.580.670.770.730.58-0.38-0.730.510.620.470.710.140.260.40.780.410.690.810.00.480.130.70.0
0.740.990.830.850.60.64-0.060.54-0.780.05-0.020.95-0.060.110.26-0.130.670.980.730.260.580.950.10.780.86
0.33-0.11-0.040.150.440.180.79-0.87-0.040.690.96-0.010.72-0.040.4-0.130.36-0.040.140.65-0.24-0.01-0.040.28-0.13
0.990.690.850.920.990.820.37-0.1-0.890.330.550.850.670.010.780.670.360.790.840.880.160.840.010.970.5
0.840.980.910.930.730.760.040.42-0.850.080.110.990.080.050.410.98-0.040.790.830.410.480.990.040.880.84
0.860.720.890.920.810.990.310.07-0.820.150.360.860.34-0.050.690.730.140.840.830.60.170.88-0.060.870.59
0.830.290.550.650.920.620.56-0.53-0.610.480.80.50.94-0.030.810.260.650.880.410.6-0.120.49-0.020.770.17
0.20.540.280.360.080.09-0.180.46-0.370.32-0.210.4-0.280.740.00.58-0.240.160.480.17-0.120.390.730.250.39
0.890.950.940.950.790.810.060.37-0.870.070.161.00.17-0.020.480.95-0.010.840.990.880.490.39-0.030.920.81
-0.020.06-0.070.06-0.04-0.080.130.04-0.20.49-0.01-0.02-0.021.00.130.1-0.040.010.04-0.06-0.020.73-0.03-0.01-0.15
0.980.80.930.980.950.830.280.04-0.890.240.450.920.50.00.70.780.280.970.880.870.770.250.92-0.010.64
0.610.870.70.670.490.5-0.270.52-0.45-0.19-0.070.82-0.11-0.130.00.86-0.130.50.840.590.170.390.81-0.150.64
Click cells to compare fundamentals

OPTIMIZERx Corp Account Relationship Matchups

OPTIMIZERx Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets56.6M60.3M141.0M134.7M183.4M192.5M
Other Current Liab3.3M8.9M2.9M6.6M13.3M13.9M
Total Current Liabilities6.1M10.0M9.4M8.4M17.9M18.8M
Total Stockholder Equity44.9M50.0M131.4M126.1M126.6M132.9M
Property Plant And Equipment Net735.9K594.8K472.6K372.8K722.3K758.4K
Current Deferred Revenue580.0K285.8K1.4M164.3K171.8K328.0K
Net Debt(18.3M)(10.1M)(84.4M)(18.0M)23.0M24.1M
Retained Earnings(33.4M)(35.6M)(35.3M)(46.7M)(64.3M)(61.0M)
Accounts Payable2.1M618.3K5.0M1.5M2.2M1.9M
Cash18.9M10.5M84.7M18.2M13.9M12.0M
Non Current Assets Total29.5M27.5M25.9M36.1M129.0M135.5M
Cash And Short Term Investments18.9M10.5M84.7M74.1M13.9M15.6M
Common Stock Total Equity12.0K14.6K15.2K17.9K20.5K19.3K
Common Stock Shares Outstanding13.4M14.8M17.7M17.8M17.1M10.2M
Liabilities And Stockholders Equity56.6M60.3M141.0M134.7M183.4M192.5M
Non Current Liabilities Total5.7M325.5K236.7K144.5K38.9M40.9M
Other Current Assets871.0K4.5M5.6T3.7M2.8M2.6M
Other Stockholder Equity78.3M85.6M166.6M172.8M190.8M200.3M
Total Liab11.8M10.4M9.6M8.5M56.8M59.7M
Property Plant And Equipment Gross735.9K594.8K472.6K372.8K873.2K916.8K
Total Current Assets27.1M32.9M115.1M98.6M54.3M57.0M
Intangible Assets13.9M12.1M10.6M13.0M49.4M51.9M
Common Stock14.6K15.2K17.9K18.3K19.9K19.5K
Net Receivables7.4M17.9M24.8M22.2M37.3M39.2M
Good Will782.5K3.7M14.7M22.7M78.4M82.3M
Net Tangible Assets16.2M50.0M106.0M131.4M151.1M158.6M
Other Assets235.6K80.7K12.9K5.1K1.00.95
Retained Earnings Total Equity(30.3M)(33.4M)(35.6M)(35.3M)(31.7M)(33.3M)
Capital Surpluse48.7M78.3M85.6M166.6M191.6M201.2M
Property Plant Equipment735.9K148.9K472.6K143.8K165.4K205.0K
Net Invested Capital44.9M50.0M131.4M126.1M162.8M84.8M
Net Working Capital21.0M22.8M105.7M90.2M36.4M46.1M

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