Ohio Total Revenue vs Gross Profit Analysis
OVBC Stock | USD 26.74 0.02 0.07% |
Ohio Valley financial indicator trend analysis is much more than just breaking down Ohio Valley Banc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ohio Valley Banc is a good investment. Please check the relationship between Ohio Valley Total Revenue and its Gross Profit accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ohio Valley Banc. 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 labor statistics.
Total Revenue vs Gross Profit
Total Revenue vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ohio Valley Banc Total Revenue account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ohio Valley's Total Revenue and Gross Profit is 0.93. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Ohio Valley Banc, assuming nothing else is changed. The correlation between historical values of Ohio Valley's Total Revenue and Gross Profit 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 Revenue of Ohio Valley Banc are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Total Revenue i.e., Ohio Valley's Total Revenue and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts Ohio Valley Banc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Ohio Valley Banc minus its cost of goods sold. It is profit before Ohio Valley operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most indicators from Ohio Valley's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ohio Valley Banc 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 Ohio Valley Banc. 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 labor statistics. The current year's Enterprise Value is expected to grow to about 132.6 M, whereas Selling General Administrative is forecasted to decline to about 18.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.7M | 2.8M | 15.8M | 10.2M | Depreciation And Amortization | 1.5M | 1.5M | 1.6M | 840.2K |
Ohio Valley fundamental ratios Correlations
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Ohio Valley Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ohio Valley fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.0B | 1.2B | 1.2B | 1.2B | 1.4B | 890.4M | |
Short Long Term Debt Total | 50.0M | 42.9M | 31.4M | 30.2M | 54.3M | 44.2M | |
Other Current Liab | 748.5M | 943.3M | 697.7M | 670.0M | 754.6M | 675.1M | |
Total Current Liabilities | 756.0M | 949.8M | 701.0M | 673.8M | 762.6M | 559.7M | |
Total Stockholder Equity | 128.2M | 136.3M | 141.4M | 135.0M | 144.0M | 86.4M | |
Property Plant And Equipment Net | 20.3M | 22.2M | 21.9M | 21.7M | 22.7M | 13.0M | |
Net Debt | (11.2M) | (103.6M) | (125.1M) | (20.1M) | (73.8M) | (70.1M) | |
Retained Earnings | 86.8M | 93.0M | 100.7M | 109.3M | 114.9M | 120.6M | |
Accounts Payable | 17.7M | 20.1M | 993.7M | 1.1B | 953.9M | 1.0B | |
Cash | 54.7M | 140.8M | 154.4M | 47.9M | 128.1M | 134.5M | |
Non Current Assets Total | 145.1M | 152.0M | 216.6M | 222.4M | 1.2B | 1.3B | |
Non Currrent Assets Other | (145.1M) | (152.0M) | (216.6M) | (6.3M) | 1.0B | 1.1B | |
Other Assets | 705.6M | 778.5M | 699.1M | 753.4M | (50.2M) | (47.7M) | |
Cash And Short Term Investments | 160.0M | 253.1M | 331.4M | 231.9M | 290.4M | 304.9M | |
Net Receivables | 2.6M | 3.3M | 2.7M | 3.1M | 3.6M | 2.2M | |
Common Stock Shares Outstanding | 4.8M | 4.8M | 4.8M | 4.8M | 4.8M | 4.9M | |
Liabilities And Stockholders Equity | 1.0B | 1.2B | 1.2B | 1.2B | 1.4B | 890.4M | |
Non Current Liabilities Total | 43.5M | 37.2M | 29.3M | 27.7M | 445.6M | 467.8M | |
Total Liab | 43.5M | 37.2M | 29.3M | 27.7M | 1.2B | 646.6M | |
Property Plant And Equipment Gross | 20.3M | 22.2M | 21.9M | 38.2M | 40.3M | 42.3M | |
Total Current Assets | 162.6M | 256.4M | 334.1M | 235.0M | 132.3M | 125.7M | |
Accumulated Other Comprehensive Income | 528K | 2.4M | 708K | (14.8M) | (11.4M) | (10.9M) | |
Short Term Debt | 7.5M | 6.5M | 3.3M | 3.8M | 8.0M | 11.1M | |
Common Stock Total Equity | 5.4M | 5.4M | 5.4M | 5.5M | 6.3M | 5.1M | |
Other Current Assets | 58.5M | 144.8M | 157.5M | 51.6M | 132.3M | 125.7M | |
Common Stock | 5.4M | 5.4M | 5.4M | 5.5M | 5.5M | 5.1M | |
Other Liab | 15.8M | 17.7M | 19.6M | 19.2M | 22.1M | 12.6M | |
Long Term Debt | 42.5M | 36.4M | 28.1M | 26.4M | 53.1M | 35.4M | |
Short Term Investments | 105.3M | 112.3M | 177M | 184.1M | 162.3M | 170.4M | |
Inventory | (58.5M) | (144.8M) | (157.5M) | (51.6M) | (131.7M) | (125.1M) | |
Intangible Assets | 174K | 112K | 64K | 29K | 8K | 7.6K | |
Property Plant Equipment | 19.2M | 22.2M | 21.9M | 20.4M | 23.5M | 13.1M | |
Net Tangible Assets | 120.7M | 128.9M | 134.0M | 127.7M | 146.8M | 111.6M | |
Retained Earnings Total Equity | 86.8M | 93.0M | 100.7M | 109.3M | 125.7M | 82.0M | |
Long Term Debt Total | 42.5M | 36.4M | 28.1M | 26.4M | 30.4M | 39.1M | |
Capital Surpluse | 47.9M | 49.5M | 51.2M | 51.7M | 59.5M | 47.9M | |
Long Term Investments | 886.4M | 122.3M | 187.3M | 196.4M | 170.2M | 161.7M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Ohio Valley Banc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ohio Valley'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 Ohio Valley Banc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ohio Valley Banc Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ohio Valley Banc. 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 labor statistics. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Regional 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 Ohio Valley. If investors know Ohio 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 Ohio Valley 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 0.224 | Dividend Share 0.88 | Earnings Share 2.47 | Revenue Per Share 12.065 | Quarterly Revenue Growth 0.112 |
The market value of Ohio Valley Banc is measured differently than its book value, which is the value of Ohio that is recorded on the company's balance sheet. Investors also form their own opinion of Ohio Valley's value that differs from its market value or its book value, called intrinsic value, which is Ohio Valley'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 Ohio Valley's market value can be influenced by many factors that don't directly affect Ohio Valley'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 Ohio Valley's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ohio Valley is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ohio Valley'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.