Optical Historical Balance Sheet

OCC Stock  USD 2.33  0.02  0.85%   
Trend analysis of Optical Cable balance sheet accounts such as Total Current Liabilities of 7.3 M provides information on Optical Cable's total assets, liabilities, and equity, which is the actual value of Optical Cable to its prevalent stockholders. By breaking down trends over time using Optical Cable 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 Optical Cable 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 Optical Cable is a good buy for the upcoming year.

Optical Cable Inventory

15.02 Million

  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Optical Cable. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Optical Stock refer to our How to Trade Optical Stock guide.

About Optical Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Optical Cable at a specified time, usually calculated after every quarter, six months, or one year. Optical Cable Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Optical Cable 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 Optical currently owns. An asset can also be divided into two categories, current and non-current.

Optical Cable Balance Sheet Chart

At present, Optical Cable's Property Plant And Equipment Net is projected to decrease significantly based on the last few years of reporting. The current year's Net Debt is expected to grow to about 11.5 M, whereas Total Assets are forecasted to decline to about 44.8 M.

Total Assets

Total assets refers to the total amount of Optical Cable 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 Optical Cable 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 Optical Cable balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Optical Cable 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.
Most accounts from Optical Cable's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Optical Cable 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 Optical Cable. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Optical Stock refer to our How to Trade Optical Stock guide.At present, Optical Cable's Property Plant And Equipment Net is projected to decrease significantly based on the last few years of reporting. The current year's Net Debt is expected to grow to about 11.5 M, whereas Total Assets are forecasted to decline to about 44.8 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total10.5M11.0M12.6M9.5M
Total Assets40.6M43.9M50.5M44.8M

Optical Cable balance sheet Correlations

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0.39-0.03-0.09-0.260.140.96-0.01-0.34-0.230.27-0.23-0.31-0.040.860.54-0.12-0.190.850.030.290.080.290.660.530.16
0.25-0.030.190.450.330.00.4-0.11-0.560.39-0.580.71-0.260.06-0.10.450.370.19-0.450.180.020.1-0.02-0.270.29
0.16-0.090.19-0.09-0.34-0.07-0.150.74-0.12-0.38-0.110.360.45-0.420.26-0.04-0.450.240.070.350.69-0.220.180.19-0.1
0.57-0.260.45-0.090.63-0.310.90.090.190.550.150.67-0.52-0.060.010.580.65-0.12-0.250.41-0.39-0.35-0.46-0.510.48
0.250.140.33-0.340.630.070.7-0.430.20.960.160.16-0.850.15-0.350.240.84-0.07-0.69-0.13-0.11-0.22-0.44-0.540.38
0.370.960.0-0.07-0.310.070.01-0.39-0.340.23-0.29-0.23-0.030.790.45-0.06-0.280.790.130.250.090.330.620.640.13
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0.25-0.34-0.110.740.09-0.43-0.39-0.090.28-0.510.260.340.55-0.410.37-0.02-0.380.070.380.480.19-0.180.00.060.12
0.09-0.23-0.56-0.120.190.2-0.340.160.280.030.98-0.18-0.02-0.22-0.07-0.250.23-0.320.080.01-0.26-0.48-0.43-0.210.03
0.270.270.39-0.380.550.960.230.67-0.510.030.010.15-0.860.31-0.320.350.740.07-0.61-0.13-0.140.06-0.33-0.440.52
0.11-0.23-0.58-0.110.150.16-0.290.180.260.980.01-0.15-0.01-0.26-0.11-0.230.15-0.350.170.01-0.27-0.48-0.46-0.10.02
0.57-0.310.710.360.670.16-0.230.630.34-0.180.15-0.15-0.02-0.230.060.590.210.00.040.53-0.17-0.19-0.19-0.090.28
-0.01-0.04-0.260.45-0.52-0.85-0.03-0.620.55-0.02-0.86-0.01-0.02-0.090.5-0.34-0.660.210.620.330.080.020.560.62-0.35
0.450.860.06-0.42-0.060.150.790.12-0.41-0.220.31-0.26-0.23-0.090.560.1-0.030.780.10.36-0.350.450.560.360.36
0.650.54-0.10.260.01-0.350.450.010.37-0.07-0.32-0.110.060.50.560.0-0.410.780.470.85-0.120.010.690.550.12
0.44-0.120.45-0.040.580.24-0.060.65-0.02-0.250.35-0.230.59-0.340.10.00.10.080.050.33-0.260.28-0.23-0.210.56
0.07-0.190.37-0.450.650.84-0.280.55-0.380.230.740.150.21-0.66-0.03-0.410.1-0.33-0.69-0.2-0.32-0.34-0.51-0.690.21
0.580.850.190.24-0.12-0.070.790.020.07-0.320.07-0.350.00.210.780.780.08-0.330.140.620.10.340.730.50.32
0.240.03-0.450.07-0.25-0.690.13-0.170.380.08-0.610.170.040.620.10.470.05-0.690.140.43-0.320.20.370.72-0.04
0.90.290.180.350.41-0.130.250.430.480.01-0.130.010.530.330.360.850.33-0.20.620.43-0.25-0.150.360.370.31
-0.330.080.020.69-0.39-0.110.09-0.390.19-0.26-0.14-0.27-0.170.08-0.35-0.12-0.26-0.320.1-0.32-0.25-0.130.180.04-0.38
-0.140.290.1-0.22-0.35-0.220.33-0.26-0.18-0.480.06-0.48-0.190.020.450.010.28-0.340.340.2-0.15-0.130.280.170.49
0.160.66-0.020.18-0.46-0.440.62-0.440.0-0.43-0.33-0.46-0.190.560.560.69-0.23-0.510.730.370.360.180.280.75-0.23
0.260.53-0.270.19-0.51-0.540.64-0.310.06-0.21-0.44-0.1-0.090.620.360.55-0.21-0.690.50.720.370.040.170.75-0.24
0.50.160.29-0.10.480.380.130.540.120.030.520.020.28-0.350.360.120.560.210.32-0.040.31-0.380.49-0.23-0.24
Click cells to compare fundamentals

Optical Cable Account Relationship Matchups

Optical Cable balance sheet Accounts

201920202021202220232024 (projected)
Total Assets36.6M37.9M40.6M43.9M50.5M44.8M
Short Long Term Debt Total15.1M8.3M10.5M11.0M12.6M9.5M
Other Current Liab1.9M1.6M2.2M531.6K611.4K580.8K
Total Current Liabilities6.3M6.2M7.5M7.8M8.9M7.3M
Total Stockholder Equity15.3M22.2M22.2M24.7M22.2M22.5M
Property Plant And Equipment Net8.8M7.9M7.4M7.9M7.1M9.4M
Net Debt15.0M8.2M10.3M9.5M11.0M11.5M
Retained Earnings1.3M7.9M7.5M9.6M8.6M15.7M
Accounts Payable2.4M3.8M4.9M5.3M6.1M4.2M
Cash141K132K216K1.5M1.3M1.3M
Non Current Assets Total11.2M10.4M9.4M8.8M8.0M10.7M
Cash And Short Term Investments141K132K216K1.5M1.3M1.9M
Net Receivables7.6M10.6M11.0M9.2M10.6M11.3M
Common Stock Shares Outstanding7.4M7.6M7.5M7.9M9.1M7.4M
Liabilities And Stockholders Equity36.6M37.9M40.6M43.9M50.5M44.8M
Non Current Liabilities Total15.0M9.5M10.9M11.4M13.1M7.0M
Inventory17.1M16.3M19.4M23.8M27.3M15.0M
Other Current Assets472.5K2.8M540.2K595.5K684.8K1.2M
Other Stockholder Equity100.082.047.0282.0253.8241.11
Total Liab21.3M15.7M18.4M19.2M22.0M14.0M
Property Plant And Equipment Gross8.8M39.7M39.5M38.7M44.6M46.8M
Total Current Assets25.3M27.6M31.2M35.0M40.3M30.1M
Short Term Debt1.9M744.4K338.1K52.6K47.4K45.0K
Non Currrent Assets Other1.8M1.8M1.4M397.3K456.8K434.0K
Common Stock14.0M14.3M14.6M15.1M17.4M18.3M
Other Assets57.4K492.4K562.0K520.1K468.1K463.7K
Property Plant Equipment10.0M8.8M9.1M8.2M7.4M9.7M
Other Liab71.3K877.0K652.1K219.5K197.6K187.7K
Current Deferred Revenue(27.0)13.8K13.5K18.2K20.9K22.0K
Long Term Debt13.2M8.0M10.2M10.9M12.6M9.9M
Intangible Assets665.7K646.9K618.1K566.2K509.6K552.7K
Net Tangible Assets20.6M14.6M21.6M21.5M19.4M19.8M
Non Current Liabilities Other5.2M1.5M725.0K441.8K508.1K482.7K

Also Currently Popular

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 Optical Cable offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Optical Cable'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 Optical Cable Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Optical Cable Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Optical Cable. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Optical Stock refer to our How to Trade Optical Stock guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Communications Equipment 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 Optical Cable. If investors know Optical 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 Optical Cable listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.75)
Revenue Per Share
8.284
Quarterly Revenue Growth
(0.04)
Return On Assets
(0.08)
Return On Equity
(0.25)
The market value of Optical Cable is measured differently than its book value, which is the value of Optical that is recorded on the company's balance sheet. Investors also form their own opinion of Optical Cable's value that differs from its market value or its book value, called intrinsic value, which is Optical Cable'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 Optical Cable's market value can be influenced by many factors that don't directly affect Optical Cable'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 Optical Cable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Optical Cable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Optical Cable'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.