Ouster Net Income vs Change To Inventory 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 Net Income and its Change To Inventory 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.

Net Income vs Change To Inventory

Net Income vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ouster Inc Net Income account and Change To Inventory. At this time, the significance of the direction appears to have pay attention.

The correlation between Ouster's Net Income and Change To Inventory is -0.78. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Inventory 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 Net Income and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Ouster Inc are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Net Income i.e., Ouster's Net Income and Change To Inventory go up and down completely randomly.

Correlation Coefficient

-0.78

Relationship Direction	Negative
Relationship Strength	Weak

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Ouster Inc financial statement analysis. It represents the amount of money remaining after all of Ouster Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

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 Amortization	7.6M	12.2M	21.7M	10.9M
Interest Income	471K	2.2M	7.4M	7.8M

Depreciation And Amortization Interest Income

Ouster fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Current Assets	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Short Term Debt
Other Current Liab		0.95	-0.06	0.68	-0.96	0.39	-0.72	0.99	0.91	0.72	0.89	0.31	0.72	-0.38	0.62	0.83	-0.25	0.36	0.56	0.98	0.72	0.97	-0.08	0.8	0.47	-0.55
Total Current Liabilities	0.95		0.05	0.63	-0.94	0.54	-0.64	0.94	0.89	0.74	0.86	0.47	0.72	-0.46	0.62	0.83	-0.31	0.39	0.59	0.92	0.71	0.92	-0.03	0.79	0.43	-0.61
Other Liab	-0.06	0.05		-0.08	-0.07	0.51	0.71	-0.01	0.0	0.01	-0.04	0.56	-0.02	-0.67	-0.05	0.2	-0.26	-0.01	0.04	0.04	-0.05	-0.07	0.66	0.02	0.18	-0.47
Net Tangible Assets	0.68	0.63	-0.08		-0.79	0.57	-0.58	0.75	0.79	0.89	0.94	0.49	0.96	-0.65	0.97	0.89	-0.82	0.9	0.96	0.57	0.96	0.81	-0.55	0.89	-0.22	-0.8
Retained Earnings	-0.96	-0.94	-0.07	-0.79		-0.62	0.61	-0.98	-0.98	-0.87	-0.95	-0.42	-0.86	0.56	-0.77	-0.94	0.47	-0.53	-0.74	-0.91	-0.84	-0.99	0.08	-0.91	-0.36	0.75
Accounts Payable	0.39	0.54	0.51	0.57	-0.62		0.05	0.45	0.67	0.71	0.59	0.64	0.63	-0.81	0.63	0.66	-0.72	0.64	0.75	0.32	0.57	0.51	0.1	0.62	-0.06	-0.91
Other Assets	-0.72	-0.64	0.71	-0.58	0.61	0.05		-0.69	-0.61	-0.53	-0.67	0.04	-0.57	-0.12	-0.54	-0.48	0.1	-0.35	-0.43	-0.62	-0.6	-0.72	0.6	-0.57	-0.1	0.1
Net Receivables	0.99	0.94	-0.01	0.75	-0.98	0.45	-0.69		0.93	0.77	0.92	0.36	0.78	-0.47	0.68	0.88	-0.34	0.44	0.64	0.97	0.78	0.99	-0.11	0.84	0.41	-0.63
Inventory	0.91	0.89	0.0	0.79	-0.98	0.67	-0.61	0.93		0.89	0.93	0.32	0.84	-0.51	0.77	0.88	-0.47	0.56	0.77	0.84	0.81	0.97	-0.11	0.9	0.3	-0.75
Other Current Assets	0.72	0.74	0.01	0.89	-0.87	0.71	-0.53	0.77	0.89		0.9	0.41	0.97	-0.57	0.93	0.92	-0.73	0.76	0.92	0.61	0.95	0.84	-0.25	0.98	0.06	-0.82
Total Current Assets	0.89	0.86	-0.04	0.94	-0.95	0.59	-0.67	0.92	0.93	0.9		0.5	0.94	-0.62	0.9	0.95	-0.65	0.75	0.88	0.8	0.94	0.96	-0.36	0.94	0.08	-0.79
Property Plant Equipment	0.31	0.47	0.56	0.49	-0.42	0.64	0.04	0.36	0.32	0.41	0.5		0.49	-0.87	0.52	0.57	-0.71	0.6	0.56	0.27	0.5	0.34	-0.12	0.4	-0.25	-0.72
Total Assets	0.72	0.72	-0.02	0.96	-0.86	0.63	-0.57	0.78	0.84	0.97	0.94	0.49		-0.62	0.98	0.95	-0.79	0.84	0.95	0.61	1.0	0.84	-0.39	0.97	-0.05	-0.82
Short Long Term Debt Total	-0.38	-0.46	-0.67	-0.65	0.56	-0.81	-0.12	-0.47	-0.51	-0.57	-0.62	-0.87	-0.62		-0.64	-0.71	0.82	-0.7	-0.72	-0.36	-0.6	-0.47	0.02	-0.56	0.19	0.92
Total Stockholder Equity	0.62	0.62	-0.05	0.97	-0.77	0.63	-0.54	0.68	0.77	0.93	0.9	0.52	0.98	-0.64		0.89	-0.87	0.92	0.98	0.49	0.98	0.76	-0.52	0.92	-0.24	-0.82
Property Plant And Equipment Net	0.83	0.83	0.2	0.89	-0.94	0.66	-0.48	0.88	0.88	0.92	0.95	0.57	0.95	-0.71	0.89		-0.69	0.7	0.86	0.78	0.94	0.9	-0.15	0.96	0.18	-0.86
Net Debt	-0.25	-0.31	-0.26	-0.82	0.47	-0.72	0.1	-0.34	-0.47	-0.73	-0.65	-0.71	-0.79	0.82	-0.87	-0.69		-0.95	-0.91	-0.13	-0.78	-0.42	0.45	-0.67	0.53	0.86
Cash	0.36	0.39	-0.01	0.9	-0.53	0.64	-0.35	0.44	0.56	0.76	0.75	0.6	0.84	-0.7	0.92	0.7	-0.95		0.95	0.21	0.83	0.54	-0.65	0.7	-0.57	-0.79
Non Current Assets Total	0.56	0.59	0.04	0.96	-0.74	0.75	-0.43	0.64	0.77	0.92	0.88	0.56	0.95	-0.72	0.98	0.86	-0.91	0.95		0.43	0.93	0.73	-0.47	0.88	-0.29	-0.89
Non Currrent Assets Other	0.98	0.92	0.04	0.57	-0.91	0.32	-0.62	0.97	0.84	0.61	0.8	0.27	0.61	-0.36	0.49	0.78	-0.13	0.21	0.43		0.61	0.92	0.07	0.71	0.59	-0.48
Cash And Short Term Investments	0.72	0.71	-0.05	0.96	-0.84	0.57	-0.6	0.78	0.81	0.95	0.94	0.5	1.0	-0.6	0.98	0.94	-0.78	0.83	0.93	0.61		0.83	-0.43	0.96	-0.06	-0.79
Common Stock Shares Outstanding	0.97	0.92	-0.07	0.81	-0.99	0.51	-0.72	0.99	0.97	0.84	0.96	0.34	0.84	-0.47	0.76	0.9	-0.42	0.54	0.73	0.92	0.83		-0.19	0.89	0.32	-0.67
Non Current Liabilities Total	-0.08	-0.03	0.66	-0.55	0.08	0.1	0.6	-0.11	-0.11	-0.25	-0.36	-0.12	-0.39	0.02	-0.52	-0.15	0.45	-0.65	-0.47	0.07	-0.43	-0.19		-0.22	0.73	0.08
Other Stockholder Equity	0.8	0.79	0.02	0.89	-0.91	0.62	-0.57	0.84	0.9	0.98	0.94	0.4	0.97	-0.56	0.92	0.96	-0.67	0.7	0.88	0.71	0.96	0.89	-0.22		0.17	-0.79
Total Liab	0.47	0.43	0.18	-0.22	-0.36	-0.06	-0.1	0.41	0.3	0.06	0.08	-0.25	-0.05	0.19	-0.24	0.18	0.53	-0.57	-0.29	0.59	-0.06	0.32	0.73	0.17		0.1
Short Term Debt	-0.55	-0.61	-0.47	-0.8	0.75	-0.91	0.1	-0.63	-0.75	-0.82	-0.79	-0.72	-0.82	0.92	-0.82	-0.86	0.86	-0.79	-0.89	-0.48	-0.79	-0.67	0.08	-0.79	0.1

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Ouster Account Relationship Matchups

Ouster fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	7.6M	4.1M	11.1M	13.8M	61.3M	64.4M
Total Current Liabilities	40.4M	20.9M	22.1M	29.5M	81.7M	85.8M
Other Liab	54K	50.3M	8.7M	2.1M	2.4M	2.2M
Net Tangible Assets	(100.3M)	(75.9M)	187.0M	102.3M	117.6M	123.5M
Retained Earnings	(102.6M)	(209.4M)	(303.4M)	(441.9M)	(816.0M)	(775.2M)
Accounts Payable	3.3M	6.9M	4.9M	8.8M	3.5M	5.2M
Other Assets	1.3M	4.4M	1.4M	1.6M	1.0	0.95
Net Receivables	937K	3.8M	10.7M	11.2M	40.0M	42.0M
Inventory	2.5M	4.8M	7.4M	19.5M	23.2M	24.4M
Other Current Assets	1.2M	1.2M	6.5M	8.8M	9.8M	5.1M
Total Current Assets	21.5M	21.2M	207.4M	162.5M	263.2M	276.3M
Property Plant Equipment	17.1M	20.8M	25.2M	9.7M	11.1M	17.7M

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