Owlet Net Invested Capital vs Long Term Debt Total Analysis

OWLT Stock  USD 4.86  0.07  1.46%   
Owlet financial indicator trend analysis is much more than just breaking down Owlet Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Owlet Inc is a good investment. Please check the relationship between Owlet Net Invested Capital and its Long Term Debt Total accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Owlet 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 bureau of economic analysis.

Net Invested Capital vs Long Term Debt Total

Net Invested Capital vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Owlet Inc Net Invested Capital account and Long Term Debt Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Owlet's Net Invested Capital and Long Term Debt Total is -0.16. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Owlet Inc, assuming nothing else is changed. The correlation between historical values of Owlet's Net Invested Capital and Long Term Debt Total 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 Invested Capital of Owlet Inc are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Net Invested Capital i.e., Owlet's Net Invested Capital and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Long Term Debt Total

Most indicators from Owlet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Owlet 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 Owlet 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 bureau of economic analysis.
At this time, Owlet's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 76 M in 2024, whereas Tax Provision is likely to drop 5,700 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit35M23.3M22.6M22.3M
Total Revenue75.8M69.2M54.0M71.3M

Owlet fundamental ratios Correlations

-0.570.970.830.750.940.430.21-0.96-0.510.810.920.560.64-0.790.920.47-0.640.030.840.990.720.831.00.160.61
-0.57-0.69-0.6-0.18-0.440.22-0.340.50.84-0.59-0.36-0.77-0.780.89-0.36-0.670.02-0.2-0.61-0.62-0.86-0.65-0.55-0.11-0.86
0.97-0.690.920.620.860.420.34-0.88-0.680.90.820.730.8-0.90.820.66-0.640.010.920.990.860.910.960.30.78
0.83-0.60.920.350.640.60.49-0.66-0.780.980.60.840.9-0.840.60.85-0.77-0.10.950.870.870.950.820.620.84
0.75-0.180.620.350.90.130.05-0.870.120.380.90.110.17-0.440.9-0.12-0.26-0.160.490.730.230.30.76-0.420.1
0.94-0.440.860.640.90.330.01-1.0-0.270.611.00.330.43-0.651.00.21-0.510.10.670.920.550.660.95-0.090.42
0.430.220.420.60.130.33-0.02-0.32-0.220.520.370.180.27-0.090.370.4-0.960.030.430.410.270.60.430.740.22
0.21-0.340.340.490.050.01-0.020.0-0.350.63-0.050.750.66-0.54-0.050.52-0.07-0.820.670.310.370.240.180.220.43
-0.960.5-0.88-0.66-0.87-1.0-0.320.00.33-0.62-0.99-0.36-0.460.68-0.99-0.250.51-0.15-0.68-0.93-0.6-0.69-0.960.07-0.47
-0.510.84-0.68-0.780.12-0.27-0.22-0.350.33-0.73-0.2-0.85-0.880.79-0.2-0.930.4-0.23-0.67-0.56-0.92-0.84-0.48-0.63-0.95
0.81-0.590.90.980.380.610.520.63-0.62-0.730.560.890.92-0.860.560.83-0.69-0.270.990.860.840.890.790.550.81
0.92-0.360.820.60.91.00.37-0.05-0.99-0.20.560.250.35-0.581.00.15-0.540.120.620.890.490.630.93-0.10.35
0.56-0.770.730.840.110.330.180.75-0.36-0.850.890.250.99-0.90.250.91-0.36-0.270.870.640.890.750.530.50.92
0.64-0.780.80.90.170.430.270.66-0.46-0.880.920.350.99-0.920.350.94-0.46-0.160.890.710.940.840.610.540.96
-0.790.89-0.9-0.84-0.44-0.65-0.09-0.540.680.79-0.86-0.58-0.9-0.92-0.58-0.760.330.08-0.89-0.84-0.93-0.8-0.77-0.23-0.91
0.92-0.360.820.60.91.00.37-0.05-0.99-0.20.561.00.250.35-0.580.15-0.540.120.620.890.490.630.93-0.10.35
0.47-0.670.660.85-0.120.210.40.52-0.25-0.930.830.150.910.94-0.760.15-0.540.00.750.540.890.840.440.780.93
-0.640.02-0.64-0.77-0.26-0.51-0.96-0.070.510.4-0.69-0.54-0.36-0.460.33-0.54-0.54-0.05-0.62-0.62-0.47-0.77-0.64-0.72-0.41
0.03-0.20.01-0.1-0.160.10.03-0.82-0.15-0.23-0.270.12-0.27-0.160.080.120.0-0.05-0.34-0.030.160.20.050.080.13
0.84-0.610.920.950.490.670.430.67-0.68-0.670.990.620.870.89-0.890.620.75-0.62-0.340.890.810.840.820.410.78
0.99-0.620.990.870.730.920.410.31-0.93-0.560.860.890.640.71-0.840.890.54-0.62-0.030.890.770.850.990.190.67
0.72-0.860.860.870.230.550.270.37-0.6-0.920.840.490.890.94-0.930.490.89-0.470.160.810.770.910.70.490.99
0.83-0.650.910.950.30.660.60.24-0.69-0.840.890.630.750.84-0.80.630.84-0.770.20.840.850.910.820.630.86
1.0-0.550.960.820.760.950.430.18-0.96-0.480.790.930.530.61-0.770.930.44-0.640.050.820.990.70.820.140.59
0.16-0.110.30.62-0.42-0.090.740.220.07-0.630.55-0.10.50.54-0.23-0.10.78-0.720.080.410.190.490.630.140.54
0.61-0.860.780.840.10.420.220.43-0.47-0.950.810.350.920.96-0.910.350.93-0.410.130.780.670.990.860.590.54
Click cells to compare fundamentals

Owlet Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Owlet Stock Analysis

When running Owlet's price analysis, check to measure Owlet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Owlet is operating at the current time. Most of Owlet's value examination focuses on studying past and present price action to predict the probability of Owlet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Owlet's price. Additionally, you may evaluate how the addition of Owlet to your portfolios can decrease your overall portfolio volatility.