Optics Current Deferred Revenue vs Total Stockholder Equity Analysis

300489 Stock   42.62  0.77  1.84%   
Optics Technology financial indicator trend analysis is much more than just breaking down Optics Technology Holding prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Optics Technology Holding is a good investment. Please check the relationship between Optics Technology Current Deferred Revenue and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Optics Technology Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Current Deferred Revenue vs Total Stockholder Equity

Current Deferred Revenue vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Optics Technology Holding Current Deferred Revenue account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Optics Technology's Current Deferred Revenue and Total Stockholder Equity is 0.18. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Optics Technology Holding, assuming nothing else is changed. The correlation between historical values of Optics Technology's Current Deferred Revenue and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Optics Technology Holding are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Current Deferred Revenue i.e., Optics Technology's Current Deferred Revenue and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Optics Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Optics Technology Holding 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Optics Technology Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 46.1 M. The current year's Tax Provision is expected to grow to about 11.8 M
 2022 2023 2024 2025 (projected)
Interest Expense101.3M108.5M114.0M119.7M
Depreciation And Amortization66.6M116.3M133.8M140.5M

Optics Technology fundamental ratios Correlations

0.990.450.970.250.940.970.990.85-0.840.920.220.980.16-0.030.320.660.560.970.940.80.350.990.970.880.85
0.990.420.980.160.960.970.970.9-0.860.910.170.990.14-0.080.270.640.490.970.930.820.260.990.940.90.85
0.450.420.360.050.320.270.510.18-0.20.170.80.330.870.60.820.770.140.590.210.44-0.090.490.620.070.38
0.970.980.360.080.930.960.980.88-0.920.930.150.980.11-0.090.250.590.470.930.930.710.270.980.910.930.83
0.250.160.050.080.160.240.18-0.020.10.230.040.22-0.190.030.10.120.680.160.30.240.750.120.280.090.35
0.940.960.320.930.160.980.910.95-0.830.89-0.050.98-0.02-0.310.050.520.470.920.920.90.30.940.840.870.81
0.970.970.270.960.240.980.940.92-0.850.940.01.0-0.05-0.240.10.530.560.920.960.820.390.960.880.910.83
0.990.970.510.980.180.910.940.8-0.870.910.290.960.220.040.390.660.490.950.920.730.290.980.970.860.84
0.850.90.180.88-0.020.950.920.8-0.780.77-0.120.91-0.07-0.38-0.060.520.430.860.790.840.250.880.710.830.74
-0.84-0.86-0.2-0.920.1-0.83-0.85-0.87-0.78-0.910.02-0.860.040.2-0.08-0.32-0.21-0.75-0.89-0.53-0.08-0.85-0.76-0.93-0.77
0.920.910.170.930.230.890.940.910.77-0.91-0.070.94-0.13-0.240.050.310.410.790.990.650.30.880.830.950.79
0.220.170.80.150.04-0.050.00.29-0.120.02-0.070.060.890.890.990.730.180.34-0.06-0.01-0.040.250.45-0.110.15
0.980.990.330.980.220.981.00.960.91-0.860.940.060.02-0.190.160.560.550.940.950.820.360.970.910.910.84
0.160.140.870.11-0.19-0.02-0.050.22-0.070.04-0.130.890.020.780.870.65-0.050.32-0.120.09-0.320.220.35-0.150.09
-0.03-0.080.6-0.090.03-0.31-0.240.04-0.380.2-0.240.89-0.190.780.870.460.060.05-0.24-0.29-0.12-0.020.2-0.26-0.06
0.320.270.820.250.10.050.10.39-0.06-0.080.050.990.160.870.870.740.220.420.070.06-0.010.340.540.00.25
0.660.640.770.590.120.520.530.660.52-0.320.310.730.560.650.460.740.550.790.360.550.280.70.760.290.52
0.560.490.140.470.680.470.560.490.43-0.210.410.180.55-0.050.060.220.550.530.460.430.910.510.550.360.45
0.970.970.590.930.160.920.920.950.86-0.750.790.340.940.320.050.420.790.530.830.840.270.980.950.760.81
0.940.930.210.930.30.920.960.920.79-0.890.99-0.060.95-0.12-0.240.070.360.460.830.720.330.890.860.940.82
0.80.820.440.710.240.90.820.730.84-0.530.65-0.010.820.09-0.290.060.550.430.840.720.250.790.720.60.67
0.350.26-0.090.270.750.30.390.290.25-0.080.3-0.040.36-0.32-0.12-0.010.280.910.270.330.250.280.310.230.33
0.990.990.490.980.120.940.960.980.88-0.850.880.250.970.22-0.020.340.70.510.980.890.790.280.950.860.84
0.970.940.620.910.280.840.880.970.71-0.760.830.450.910.350.20.540.760.550.950.860.720.310.950.770.82
0.880.90.070.930.090.870.910.860.83-0.930.95-0.110.91-0.15-0.260.00.290.360.760.940.60.230.860.770.78
0.850.850.380.830.350.810.830.840.74-0.770.790.150.840.09-0.060.250.520.450.810.820.670.330.840.820.78
Click cells to compare fundamentals

Optics Technology Account Relationship Matchups

Optics Technology fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.1B2.5B2.9B3.3B4.1B4.3B
Short Long Term Debt Total675.9M923.9M1.4B1.4B1.6B1.7B
Other Current Liab63.2M51.2M23.9M16.4M26.3M20.7M
Total Current Liabilities684.5M769.4M1.1B1.9B1.7B1.8B
Total Stockholder Equity377.8M397.3M298.6M64.5M616.3M368.0M
Other Liab40.5M38.1M461.7M500.7M575.8M604.6M
Property Plant And Equipment Net457.0M1.4B1.7B2.0B2.3B2.4B
Current Deferred Revenue531.1M504.5M480.1M806.2M927.1M973.4M
Net Debt(155.2M)753.8M1.3B1.3B870.6M914.1M
Retained Earnings80.0M84.3M(29.6M)(270.8M)(258.5M)(245.6M)
Accounts Payable48.1M170.5M235.2M474.5M724.3M760.5M
Cash831.1M170.1M127.8M124.1M62.3M59.2M
Non Current Assets Total745.4M1.5B1.8B2.2B2.5B2.6B
Non Currrent Assets Other241.9M110.2M70.5M55.3M22.4M21.3M
Other Assets11.6M193.4K243.6M1.01.151.09
Cash And Short Term Investments831.1M170.1M127.8M124.1M142.7M140.1M
Net Receivables454.0M331.3M309.0M302.9M144.7M156.2M
Common Stock Shares Outstanding136.1M136.1M136.3M136.9M137.7M137.9M
Liabilities And Stockholders Equity2.1B2.5B2.9B3.3B3.8B4.0B
Non Current Liabilities Total1.1B1.3B1.5B1.4B1.4B1.5B
Inventory111.2M368.8M554.2M676.6M1.2B1.3B
Other Current Assets1.1M112.1M100.5M33.9M72.5M76.2M
Other Stockholder Equity188.1M142.7M176.7M178.8M205.7M165.0M
Total Liab1.8B2.1B2.6B3.3B3.2B3.3B
Total Current Assets1.4B982.3M1.1B1.1B1.6B1.7B
Short Term Debt42.1M43.3M406.8M563.0M647.5M679.8M
Intangible Assets44.8M44.8M55.4M54.7M81.5M45.4M
Property Plant Equipment316.9M457.0M1.4B1.7B1.9B2.0B
Net Tangible Assets320.1M333.0M358.9M243.3M218.9M294.3M
Short Long Term Debt42.1M42.1M254.4M255.3M286.1M300.4M
Net Invested Capital1.1B1.3B1.5B1.2B1.5B1.1B
Net Working Capital712.9M219.3M(54.4M)(722.6M)(117.6M)(111.7M)
Property Plant And Equipment Gross614.8M1.5B1.7B2.3B2.7B1.7B
Accumulated Other Comprehensive Income18.9M206.5K49.4M18.8M21.6M23.4M

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.

Other Information on Investing in Optics Stock

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