Oblong Historical Balance Sheet

OBLG Stock  USD 3.60  0.27  8.11%   
Trend analysis of Oblong Inc balance sheet accounts such as Total Stockholder Equity of 3.8 M provides information on Oblong's total assets, liabilities, and equity, which is the actual value of Oblong Inc to its prevalent stockholders. By breaking down trends over time using Oblong balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Oblong Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Oblong Inc is a good buy for the upcoming year.

Oblong Inventory

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oblong 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.

About Oblong Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Oblong Inc at a specified time, usually calculated after every quarter, six months, or one year. Oblong Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Oblong and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Oblong currently owns. An asset can also be divided into two categories, current and non-current.

Oblong Balance Sheet Chart

At this time, Oblong's Total Current Assets are most likely to increase significantly in the upcoming years. The Oblong's current Common Stock is estimated to increase to 3,095, while Total Current Liabilities is projected to decrease to roughly 1.2 M.

Total Assets

Total assets refers to the total amount of Oblong assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Oblong Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Oblong balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Oblong Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Accounts Payable

An accounting item on the balance sheet that represents Oblong obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Oblong Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most accounts from Oblong's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Oblong Inc current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Oblong 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, Oblong's Total Current Assets are most likely to increase significantly in the upcoming years. The Oblong's current Common Stock is estimated to increase to 3,095, while Total Current Liabilities is projected to decrease to roughly 1.2 M.
 2022 2023 2024 2025 (projected)
Cash3.1M5.5M5.0M2.9M
Accounts Payable184K211K105K99.8K

Oblong balance sheet Correlations

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0.140.170.23-0.2-0.22-0.75-0.720.480.050.49-0.310.38-0.170.29-0.09-0.03-0.160.46-0.05-0.480.690.280.0-0.35-0.19
0.590.170.270.60.60.020.22-0.180.66-0.190.52-0.370.250.430.440.70.570.090.650.280.210.90.480.210.0
0.840.230.270.27-0.1-0.230.010.70.730.670.33-0.290.130.430.490.240.220.840.150.220.340.10.78-0.2-0.21
0.63-0.20.60.270.680.120.64-0.280.71-0.30.82-0.470.630.010.210.780.950.090.70.530.120.280.650.360.11
0.43-0.220.6-0.10.680.270.53-0.650.59-0.660.77-0.450.780.090.190.880.64-0.30.950.56-0.070.420.150.640.39
-0.11-0.750.02-0.230.120.270.45-0.560.0-0.560.18-0.410.11-0.09-0.050.090.05-0.520.10.18-0.840.020.020.240.02
0.34-0.720.220.010.640.530.45-0.390.43-0.40.74-0.360.63-0.410.120.580.6-0.110.480.85-0.22-0.130.390.270.07
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0.290.49-0.190.67-0.3-0.66-0.56-0.41.00.1-0.310.18-0.290.20.23-0.31-0.310.79-0.41-0.190.56-0.20.29-0.54-0.33
0.72-0.310.520.330.820.770.180.74-0.30.8-0.31-0.540.81-0.060.30.870.770.110.810.780.090.170.60.420.15
-0.440.38-0.37-0.29-0.47-0.45-0.41-0.360.18-0.50.18-0.54-0.31-0.41-0.39-0.42-0.510.12-0.43-0.290.18-0.25-0.36-0.45-0.19
0.59-0.170.250.130.630.780.110.63-0.280.67-0.290.81-0.31-0.210.090.870.60.070.830.740.13-0.080.290.390.24
0.340.290.430.430.010.09-0.09-0.410.220.330.2-0.06-0.41-0.210.540.060.00.160.18-0.31-0.040.590.090.360.36
0.51-0.090.440.490.210.19-0.050.120.240.490.230.3-0.390.090.540.290.120.320.320.280.090.420.230.350.38
0.73-0.030.70.240.780.880.090.58-0.30.83-0.310.87-0.420.870.060.290.730.10.950.690.210.40.460.390.18
0.57-0.160.570.220.950.640.050.6-0.30.64-0.310.77-0.510.60.00.120.730.040.640.50.20.250.60.280.04
0.650.460.090.840.09-0.3-0.52-0.110.80.50.790.110.120.070.160.320.10.04-0.030.140.55-0.060.61-0.45-0.27
0.64-0.050.650.150.70.950.10.48-0.40.76-0.410.81-0.430.830.180.320.950.64-0.030.610.130.440.30.560.35
0.55-0.480.280.220.530.560.180.85-0.180.6-0.190.78-0.290.74-0.310.280.690.50.140.610.05-0.060.390.20.07
0.360.690.210.340.12-0.07-0.84-0.220.550.250.560.090.180.13-0.040.090.210.20.550.130.050.10.27-0.38-0.28
0.30.280.90.10.280.420.02-0.13-0.190.37-0.20.17-0.25-0.080.590.420.40.25-0.060.44-0.060.10.180.20.05
0.810.00.480.780.650.150.020.390.310.760.290.6-0.360.290.090.230.460.60.610.30.390.270.18-0.24-0.43
0.08-0.350.21-0.20.360.640.240.27-0.530.21-0.540.42-0.450.390.360.350.390.28-0.450.560.2-0.380.2-0.240.89
-0.05-0.190.0-0.210.110.390.020.07-0.320.03-0.330.15-0.190.240.360.380.180.04-0.270.350.07-0.280.05-0.430.89
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Oblong Account Relationship Matchups

Oblong balance sheet Accounts

202020212022202320242025 (projected)
Total Assets29.1M28.6M5.7M6.9M5.3M5.0M
Other Current Liab751K608K703K805K930K976.5K
Total Current Liabilities5.6M2.5M1.9M1.4M1.3M1.2M
Total Stockholder Equity22.1M25.5M3.6M5.5M4.0M3.8M
Property Plant And Equipment Net4.4M1.5M818K145K17K0.0
Net Debt(1.2M)(8.2M)(2.8M)(5.5M)(5.0M)(4.7M)
Retained Earnings(192.9M)(201.9M)(223.8M)(228.2M)(232.3M)(220.7M)
Accounts Payable313K259K184K211K105K99.8K
Cash5.1M8.9M3.1M5.5M5.0M2.9M
Non Current Assets Total19.2M15.9M789K29.0K6K5.7K
Cash And Short Term Investments5.1M8.9M3.1M6.0M5.0M2.9M
Net Receivables3.2M849K731K424K186K176.7K
Common Stock Shares Outstanding9.2K44.3K51.6K139.9K834K875.7K
Liabilities And Stockholders Equity29.1M28.6M5.7M6.9M5.3M5.0M
Non Current Liabilities Total4.9M1.5M617K131K26K0.0
Inventory1.8M920K1.8M723K239K0.0
Other Current Assets691K1.1M90K243K118K112.1K
Total Liab7.1M3.1M2.0M1.4M1.3M1.2M
Property Plant And Equipment Gross4.4M1.5M818K2.3M17K0.0
Total Current Assets10.0M12.8M4.9M6.9M5.3M9.0M
Short Long Term Debt Total3.8M728K236K17K19.6K18.6K
Non Currrent Assets Other167K109K40K12.0K6K5.7K
Other Stockholder Equity214.9M227.4M227.5M233.7M236.3M159.7M
Short Term Debt2.8M492K219K17K15.3K14.5K
Intangible Assets12.6M10.1M7.6M604K543.6K516.4K
Current Deferred Revenue1.2M783K564K132K36K34.2K
Net Tangible Assets1.3M4.6M10.6M3.0M3.5M3.6M
Property Plant Equipment1.3M1.5M818K145K130.5K124.0K
Other Assets1.1M109K40K1.00.90.86

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When determining whether Oblong Inc is a strong investment it is important to analyze Oblong's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Oblong's future performance. For an informed investment choice regarding Oblong Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oblong 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.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Application Software 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 Oblong. If investors know Oblong 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 Oblong 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
(0.46)
Earnings Share
11.14
Revenue Per Share
5.319
Quarterly Revenue Growth
(0.34)
Return On Assets
(0.38)
The market value of Oblong Inc is measured differently than its book value, which is the value of Oblong that is recorded on the company's balance sheet. Investors also form their own opinion of Oblong's value that differs from its market value or its book value, called intrinsic value, which is Oblong'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 Oblong's market value can be influenced by many factors that don't directly affect Oblong'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 Oblong's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oblong is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oblong'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.