Ouster Change In Cash vs Depreciation Analysis

OUST Stock  USD 9.08  0.06  0.66%   
Ouster financial indicator trend analysis is much more than just breaking down Ouster Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ouster Inc is a good investment. Please check the relationship between Ouster Change In Cash and its Depreciation accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ouster 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 state.

Change In Cash vs Depreciation

Change In Cash vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ouster Inc Change In Cash account and Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Ouster's Change In Cash and Depreciation is -0.42. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Depreciation in the same time period over historical financial statements of Ouster Inc, assuming nothing else is changed. The correlation between historical values of Ouster's Change In Cash and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Ouster Inc are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change In Cash i.e., Ouster's Change In Cash and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.42
Relationship DirectionNegative 
Relationship StrengthVery Weak

Change In Cash

Depreciation

Depreciation indicates how much of Ouster Inc value has been used up. For tax purposes Ouster can deduct the cost of the tangible assets it purchases as business expenses. However, Ouster Inc must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Ouster's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ouster 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 Ouster 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 state.
Tax Provision is likely to gain to about 559.6 K in 2024, whereas Selling General Administrative is likely to drop slightly above 50.7 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization7.6M12.2M21.7M10.9M
Interest Income471K2.2M7.4M7.8M

Ouster fundamental ratios Correlations

0.95-0.060.68-0.960.39-0.720.990.910.720.890.310.72-0.380.620.83-0.250.360.560.980.720.97-0.080.80.47-0.55
0.950.050.63-0.940.54-0.640.940.890.740.860.470.72-0.460.620.83-0.310.390.590.920.710.92-0.030.790.43-0.61
-0.060.05-0.08-0.070.510.71-0.010.00.01-0.040.56-0.02-0.67-0.050.2-0.26-0.010.040.04-0.05-0.070.660.020.18-0.47
0.680.63-0.08-0.790.57-0.580.750.790.890.940.490.96-0.650.970.89-0.820.90.960.570.960.81-0.550.89-0.22-0.8
-0.96-0.94-0.07-0.79-0.620.61-0.98-0.98-0.87-0.95-0.42-0.860.56-0.77-0.940.47-0.53-0.74-0.91-0.84-0.990.08-0.91-0.360.75
0.390.540.510.57-0.620.050.450.670.710.590.640.63-0.810.630.66-0.720.640.750.320.570.510.10.62-0.06-0.91
-0.72-0.640.71-0.580.610.05-0.69-0.61-0.53-0.670.04-0.57-0.12-0.54-0.480.1-0.35-0.43-0.62-0.6-0.720.6-0.57-0.10.1
0.990.94-0.010.75-0.980.45-0.690.930.770.920.360.78-0.470.680.88-0.340.440.640.970.780.99-0.110.840.41-0.63
0.910.890.00.79-0.980.67-0.610.930.890.930.320.84-0.510.770.88-0.470.560.770.840.810.97-0.110.90.3-0.75
0.720.740.010.89-0.870.71-0.530.770.890.90.410.97-0.570.930.92-0.730.760.920.610.950.84-0.250.980.06-0.82
0.890.86-0.040.94-0.950.59-0.670.920.930.90.50.94-0.620.90.95-0.650.750.880.80.940.96-0.360.940.08-0.79
0.310.470.560.49-0.420.640.040.360.320.410.50.49-0.870.520.57-0.710.60.560.270.50.34-0.120.4-0.25-0.72
0.720.72-0.020.96-0.860.63-0.570.780.840.970.940.49-0.620.980.95-0.790.840.950.611.00.84-0.390.97-0.05-0.82
-0.38-0.46-0.67-0.650.56-0.81-0.12-0.47-0.51-0.57-0.62-0.87-0.62-0.64-0.710.82-0.7-0.72-0.36-0.6-0.470.02-0.560.190.92
0.620.62-0.050.97-0.770.63-0.540.680.770.930.90.520.98-0.640.89-0.870.920.980.490.980.76-0.520.92-0.24-0.82
0.830.830.20.89-0.940.66-0.480.880.880.920.950.570.95-0.710.89-0.690.70.860.780.940.9-0.150.960.18-0.86
-0.25-0.31-0.26-0.820.47-0.720.1-0.34-0.47-0.73-0.65-0.71-0.790.82-0.87-0.69-0.95-0.91-0.13-0.78-0.420.45-0.670.530.86
0.360.39-0.010.9-0.530.64-0.350.440.560.760.750.60.84-0.70.920.7-0.950.950.210.830.54-0.650.7-0.57-0.79
0.560.590.040.96-0.740.75-0.430.640.770.920.880.560.95-0.720.980.86-0.910.950.430.930.73-0.470.88-0.29-0.89
0.980.920.040.57-0.910.32-0.620.970.840.610.80.270.61-0.360.490.78-0.130.210.430.610.920.070.710.59-0.48
0.720.71-0.050.96-0.840.57-0.60.780.810.950.940.51.0-0.60.980.94-0.780.830.930.610.83-0.430.96-0.06-0.79
0.970.92-0.070.81-0.990.51-0.720.990.970.840.960.340.84-0.470.760.9-0.420.540.730.920.83-0.190.890.32-0.67
-0.08-0.030.66-0.550.080.10.6-0.11-0.11-0.25-0.36-0.12-0.390.02-0.52-0.150.45-0.65-0.470.07-0.43-0.19-0.220.730.08
0.80.790.020.89-0.910.62-0.570.840.90.980.940.40.97-0.560.920.96-0.670.70.880.710.960.89-0.220.17-0.79
0.470.430.18-0.22-0.36-0.06-0.10.410.30.060.08-0.25-0.050.19-0.240.180.53-0.57-0.290.59-0.060.320.730.170.1
-0.55-0.61-0.47-0.80.75-0.910.1-0.63-0.75-0.82-0.79-0.72-0.820.92-0.82-0.860.86-0.79-0.89-0.48-0.79-0.670.08-0.790.1
Click cells to compare fundamentals

Ouster Account Relationship Matchups

Ouster fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab7.6M4.1M11.1M13.8M61.3M64.4M
Total Current Liabilities40.4M20.9M22.1M29.5M81.7M85.8M
Other Liab54K50.3M8.7M2.1M2.4M2.2M
Net Tangible Assets(100.3M)(75.9M)187.0M102.3M117.6M123.5M
Retained Earnings(102.6M)(209.4M)(303.4M)(441.9M)(816.0M)(775.2M)
Accounts Payable3.3M6.9M4.9M8.8M3.5M5.2M
Other Assets1.3M4.4M1.4M1.6M1.00.95
Net Receivables937K3.8M10.7M11.2M40.0M42.0M
Inventory2.5M4.8M7.4M19.5M23.2M24.4M
Other Current Assets1.2M1.2M6.5M8.8M9.8M5.1M
Total Current Assets21.5M21.2M207.4M162.5M263.2M276.3M
Property Plant Equipment17.1M20.8M25.2M9.7M11.1M17.7M

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