Oblong Gross Profit vs. Cash And Equivalents

OBLG Stock  USD 3.90  0.04  1.02%   
Considering the key profitability indicators obtained from Oblong's historical financial statements, Oblong Inc may not be well positioned to generate adequate gross income at the present time. It has a very high chance of underperforming in January. Profitability indicators assess Oblong's ability to earn profits and add value for shareholders.
 
Gross Profit  
First Reported
1993-09-30
Previous Quarter
120 K
Current Value
79 K
Quarterly Volatility
2.5 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, Oblong's Days Sales Outstanding is most likely to increase significantly in the upcoming years. The Oblong's current Days Of Sales Outstanding is estimated to increase to 75.04, while Price To Sales Ratio is projected to decrease to 0.28. At this time, Oblong's Net Interest Income is most likely to increase significantly in the upcoming years. The Oblong's current Change To Netincome is estimated to increase to about 16.2 M, while Income Before Tax is projected to decrease to (4.6 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.290.2391
Fairly Up
Slightly volatile
For Oblong profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Oblong to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Oblong Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Oblong's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Oblong Inc over time as well as its relative position and ranking within its peers.
  

Oblong's Revenue Breakdown by Earning Segment

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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.

Oblong Inc Cash And Equivalents vs. Gross Profit Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Oblong's current stock value. Our valuation model uses many indicators to compare Oblong value to that of its competitors to determine the firm's financial worth.
Oblong Inc is rated below average in gross profit category among its peers. It is rated below average in cash and equivalents category among its peers creating about  3.31  of Cash And Equivalents per Gross Profit. At this time, Oblong's Gross Profit is most likely to decrease significantly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Oblong by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Oblong Cash And Equivalents vs. Gross Profit

Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Oblong

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
1.55 M
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Oblong

Cash

 = 

Bank Deposits

+

Liquidities

 = 
5.11 M
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).

Oblong Cash And Equivalents Comparison

Oblong is currently under evaluation in cash and equivalents category among its peers.

Oblong Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Oblong, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Oblong will eventually generate negative long term returns. The profitability progress is the general direction of Oblong's change in net profit over the period of time. It can combine multiple indicators of Oblong, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Operating Income-4.5 M-4.7 M
Income Before Tax-4.4 M-4.6 M
Net Loss-4.4 M-4.6 M
Income Tax Expense27 K25.6 K
Total Other Income Expense Net138 K144.9 K
Net Loss-4.4 M-4.6 M
Non Operating Income Net Other3.6 M3.7 M
Net Loss-19.7 M-18.8 M
Interest Income166 K157.7 K
Net Interest Income23 K24.1 K
Change To Netincome15.4 M16.2 M
Net Loss(31.34)(32.91)
Income Quality 0.68  0.67 
Net Income Per E B T 1.01  0.67 

Oblong Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Oblong. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Oblong position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Oblong's important profitability drivers and their relationship over time.

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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:
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You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
To fully project Oblong's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Oblong Inc at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Oblong's income statement, its balance sheet, and the statement of cash flows.
Potential Oblong investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Oblong investors may work on each financial statement separately, they are all related. The changes in Oblong's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Oblong's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.