Optical Tangible Book Value Per Share from 2010 to 2024

There are typically three primary documents that fall into the category of financial statements. These documents include Optical Cable income statement, its balance sheet, and the statement of cash flows. Optical Cable investors use historical funamental indicators, such as Optical Cable's Tangible Book Value Per Share, to determine how well the company is positioned to perform in the future. Although Optical Cable investors may use each financial statement separately, they are all related. The changes in Optical Cable's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Optical Cable'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. We offer a historical overview of the basic patterns found on Optical Cable Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Optical Cable. Please read more on our technical analysis and fundamental analysis pages.

Check out the analysis of Optical Cable Correlation against competitors. For information on how to trade Optical Stock refer to our How to Trade Optical Stock guide.Note that the Optical Cable information on this page should be used as a complementary analysis to other Optical Cable's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

When running Optical Cable's price analysis, check to measure Optical Cable'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 Optical Cable is operating at the current time. Most of Optical Cable's value examination focuses on studying past and present price action to predict the probability of Optical Cable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Optical Cable's price. Additionally, you may evaluate how the addition of Optical Cable to your portfolios can decrease your overall portfolio volatility.

Is Optical Cable's industry 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.

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.