Ocugen Research Development vs Operating Income Analysis

OCGN Stock

USD 1.73 0.14 8.81%

Ocugen financial indicator trend analysis is much more than just breaking down Ocugen Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ocugen Inc is a good investment. Please check the relationship between Ocugen Research Development and its Operating Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ocugen Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Research Development vs Operating Income

Research Development vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ocugen Inc Research Development account and Operating Income. At this time, the significance of the direction appears to have pay attention.

The correlation between Ocugen's Research Development and Operating Income is -0.93. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Operating Income in the same time period over historical financial statements of Ocugen Inc, assuming nothing else is changed. The correlation between historical values of Ocugen's Research Development and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Ocugen Inc are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Research Development i.e., Ocugen's Research Development and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.93

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Research Development

Operating Income

Operating Income is the amount of profit realized from Ocugen Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Ocugen Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Ocugen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ocugen Inc 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ocugen Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

At this time, Ocugen's Selling General Administrative is very stable compared to the past year. As of the 3rd of June 2024, Tax Provision is likely to grow to 0.00, while Issuance Of Capital Stock is likely to drop about 19.8 M.

Ocugen fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Common Stock	Short Long Term Debt Total	Current Deferred Revenue	Other Assets	Long Term Debt
Total Assets		-0.41	0.67	0.88	0.32	-0.96	-0.35	0.75	0.98	0.35	0.65	0.99	0.65	0.71	-0.46	-0.23	0.62	-0.31	0.34	0.99	-0.33	0.65	0.63	0.49	0.31	0.55
Other Current Liab	-0.41		-0.01	-0.6	0.33	0.45	0.06	-0.44	-0.45	0.41	0.04	-0.48	-0.19	-0.06	0.59	-0.25	-0.38	0.57	0.32	-0.49	0.61	-0.16	0.12	-0.2	0.13	0.09
Total Current Liabilities	0.67	-0.01		0.52	0.85	-0.5	-0.69	0.73	0.54	0.87	0.93	0.58	0.74	0.84	-0.28	-0.19	0.63	-0.11	0.86	0.59	-0.35	0.78	0.95	0.66	-0.26	0.66
Total Stockholder Equity	0.88	-0.6	0.52		0.24	-0.87	-0.32	0.57	0.89	0.22	0.51	0.89	0.64	0.62	-0.82	-0.01	0.66	-0.72	0.26	0.89	-0.56	0.63	0.48	0.41	0.17	0.39
Property Plant And Equipment Net	0.32	0.33	0.85	0.24		-0.18	-0.75	0.34	0.22	0.98	0.78	0.22	0.59	0.7	-0.18	-0.26	0.52	-0.07	1.0	0.22	-0.29	0.64	0.82	0.45	-0.37	0.47
Net Debt	-0.96	0.45	-0.5	-0.87	-0.18		0.25	-0.64	-1.0	-0.19	-0.49	-0.99	-0.55	-0.59	0.45	0.28	-0.53	0.35	-0.19	-0.98	0.28	-0.53	-0.47	-0.33	-0.44	-0.37
Retained Earnings	-0.35	0.06	-0.69	-0.32	-0.75	0.25		-0.39	-0.28	-0.68	-0.65	-0.3	-0.51	-0.57	0.27	0.44	-0.86	0.16	-0.76	-0.28	0.57	-0.54	-0.56	-0.67	0.49	-0.27
Accounts Payable	0.75	-0.44	0.73	0.57	0.34	-0.64	-0.39		0.66	0.37	0.57	0.72	0.37	0.46	-0.22	-0.13	0.49	-0.06	0.34	0.72	-0.17	0.39	0.56	0.58	-0.13	0.43
Cash	0.98	-0.45	0.54	0.89	0.22	-1.0	-0.28	0.66		0.24	0.53	0.99	0.59	0.63	-0.47	-0.27	0.56	-0.36	0.24	0.99	-0.31	0.58	0.52	0.37	0.41	0.42
Non Current Assets Total	0.35	0.41	0.87	0.22	0.98	-0.19	-0.68	0.37	0.24		0.82	0.25	0.6	0.72	-0.1	-0.29	0.45	0.02	0.98	0.24	-0.15	0.64	0.87	0.48	-0.28	0.56
Non Currrent Assets Other	0.65	0.04	0.93	0.51	0.78	-0.49	-0.65	0.57	0.53	0.82		0.56	0.88	0.94	-0.28	-0.13	0.61	-0.13	0.8	0.58	-0.39	0.9	0.96	0.74	-0.09	0.76
Cash And Short Term Investments	0.99	-0.48	0.58	0.89	0.22	-0.99	-0.3	0.72	0.99	0.25	0.56		0.6	0.64	-0.46	-0.26	0.58	-0.34	0.24	1.0	-0.32	0.59	0.54	0.42	0.35	0.44
Common Stock Total Equity	0.65	-0.19	0.74	0.64	0.59	-0.55	-0.51	0.37	0.59	0.6	0.88	0.6		0.97	-0.47	-0.02	0.58	-0.37	0.61	0.62	-0.61	1.0	0.85	0.59	0.0	0.72
Common Stock Shares Outstanding	0.71	-0.06	0.84	0.62	0.7	-0.59	-0.57	0.46	0.63	0.72	0.94	0.64	0.97		-0.38	-0.12	0.61	-0.25	0.72	0.66	-0.51	0.98	0.93	0.61	0.02	0.75
Non Current Liabilities Total	-0.46	0.59	-0.28	-0.82	-0.18	0.45	0.27	-0.22	-0.47	-0.1	-0.28	-0.46	-0.47	-0.38		-0.26	-0.54	0.98	-0.19	-0.47	0.69	-0.46	-0.23	-0.25	0.17	-0.14
Other Current Assets	-0.23	-0.25	-0.19	-0.01	-0.26	0.28	0.44	-0.13	-0.27	-0.29	-0.13	-0.26	-0.02	-0.12	-0.26		-0.34	-0.31	-0.25	-0.2	-0.22	-0.03	-0.14	-0.22	-0.05	-0.1
Other Stockholder Equity	0.62	-0.38	0.63	0.66	0.52	-0.53	-0.86	0.49	0.56	0.45	0.61	0.58	0.58	0.61	-0.54	-0.34		-0.41	0.53	0.57	-0.7	0.6	0.5	0.73	-0.3	0.35
Total Liab	-0.31	0.57	-0.11	-0.72	-0.07	0.35	0.16	-0.06	-0.36	0.02	-0.13	-0.34	-0.37	-0.25	0.98	-0.31	-0.41		-0.07	-0.35	0.66	-0.35	-0.08	-0.1	0.14	0.02
Property Plant And Equipment Gross	0.34	0.32	0.86	0.26	1.0	-0.19	-0.76	0.34	0.24	0.98	0.8	0.24	0.61	0.72	-0.19	-0.25	0.53	-0.07		0.23	-0.3	0.66	0.83	0.46	-0.36	0.49
Total Current Assets	0.99	-0.49	0.59	0.89	0.22	-0.98	-0.28	0.72	0.99	0.24	0.58	1.0	0.62	0.66	-0.47	-0.2	0.57	-0.35	0.23		-0.34	0.61	0.56	0.43	0.36	0.46
Intangible Assets	-0.33	0.61	-0.35	-0.56	-0.29	0.28	0.57	-0.17	-0.31	-0.15	-0.39	-0.32	-0.61	-0.51	0.69	-0.22	-0.7	0.66	-0.3	-0.34		-0.6	-0.29	-0.39	0.38	-0.07
Common Stock	0.65	-0.16	0.78	0.63	0.64	-0.53	-0.54	0.39	0.58	0.64	0.9	0.59	1.0	0.98	-0.46	-0.03	0.6	-0.35	0.66	0.61	-0.6		0.88	0.62	-0.04	0.73
Short Long Term Debt Total	0.63	0.12	0.95	0.48	0.82	-0.47	-0.56	0.56	0.52	0.87	0.96	0.54	0.85	0.93	-0.23	-0.14	0.5	-0.08	0.83	0.56	-0.29	0.88		0.61	-0.1	0.78
Current Deferred Revenue	0.49	-0.2	0.66	0.41	0.45	-0.33	-0.67	0.58	0.37	0.48	0.74	0.42	0.59	0.61	-0.25	-0.22	0.73	-0.1	0.46	0.43	-0.39	0.62	0.61		-0.29	0.63
Other Assets	0.31	0.13	-0.26	0.17	-0.37	-0.44	0.49	-0.13	0.41	-0.28	-0.09	0.35	0.0	0.02	0.17	-0.05	-0.3	0.14	-0.36	0.36	0.38	-0.04	-0.1	-0.29		0.13
Long Term Debt	0.55	0.09	0.66	0.39	0.47	-0.37	-0.27	0.43	0.42	0.56	0.76	0.44	0.72	0.75	-0.14	-0.1	0.35	0.02	0.49	0.46	-0.07	0.73	0.78	0.63	0.13

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Ocugen Account Relationship Matchups

Ocugen fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	16.8M	27.4M	105.8M	108.6M	64.5M	48.2M
Other Current Liab	206.0K	9.8K	293K	(1.3M)	2.8M	3.0M
Total Current Liabilities	4.5M	3.6M	7M	18.5M	17.1M	17.9M
Total Stockholder Equity	11.0M	21.6M	95.8M	84.1M	40.6M	22.2M
Property Plant And Equipment Net	222.5K	633.0K	1.2M	6.1M	17.3M	18.2M
Net Debt	(6.0M)	(21.5M)	(91.7M)	(71.2M)	(32.5M)	(34.1M)
Retained Earnings	(51.5M)	(73.3M)	(131.7M)	(213.0M)	(286.2M)	(271.9M)
Accounts Payable	1.9M	395.0K	2.3M	8.1M	3.2M	2.8M
Cash	7.4M	24.0M	95.0M	77.6M	39.5M	37.6M
Non Current Assets Total	1.0M	1.5M	3.1M	10.1M	21.6M	22.7M
Non Currrent Assets Other	667.7K	714.5K	1.8M	3.1M	3.4M	3.5M
Cash And Short Term Investments	7.4M	24.0M	95.0M	90.9M	39.5M	38.9M
Common Stock Total Equity	513K	527.5K	1.8M	2.0M	2.3M	2.4M
Common Stock Shares Outstanding	13.9M	112.2M	195.0M	214.6M	244.3M	256.5M
Liabilities And Stockholders Equity	16.8M	27.4M	105.8M	108.6M	64.5M	48.2M
Non Current Liabilities Total	1.2M	2.2M	2.9M	6.1M	6.9M	13.1M
Other Current Assets	8.3B	1.8B	7.7M	7.6M	3.5M	3.3M
Other Stockholder Equity	62.0M	93.0M	225.5M	294.8M	324.1M	190.6M
Total Liab	5.8M	5.8M	9.9M	24.6M	24.0M	18.9M
Property Plant And Equipment Gross	222.5K	633.0K	1.5M	6.7M	18.5M	19.4M
Total Current Assets	15.8M	25.9M	102.6M	98.5M	43.0M	42.0M
Accumulated Other Comprehensive Income	(10.9M)	(10.3M)	0.0	26K	20K	21K
Common Stock	527.5K	1.8M	2.0M	2.2M	2.6M	2.7M
Short Long Term Debt Total	1.4M	2.5M	3.3M	6.4M	6.9M	7.3M
Current Deferred Revenue	2.3M	2.9M	4.0M	11.2M	10.5M	5.6M
Other Assets	474.2K	432.1K	2.0M	177K	203.6K	193.4K
Long Term Debt	1.1M	1.8M	1.7M	2.3M	2.8M	1.5M
Capital Surpluse	215.9M	62.0M	93.1M	225.5M	203.0M	137.0M
Short Term Debt	172.3K	278.4K	363K	498K	574K	1.0M
Property Plant Equipment	222.5K	1.1M	1.2M	10.0M	11.5M	12.0M
Net Tangible Assets	11.0M	21.6M	95.8M	84.1M	96.7M	101.5M
Net Invested Capital	12.1M	23.6M	97.5M	86.3M	43.4M	39.5M
Net Working Capital	11.2M	22.3M	95.6M	80.0M	25.9M	39.7M

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When determining whether Ocugen Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ocugen'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 Ocugen Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ocugen Inc Stock:

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ocugen Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Note that the Ocugen Inc information on this page should be used as a complementary analysis to other Ocugen'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 Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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

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Is Ocugen'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 Ocugen. If investors know Ocugen 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 Ocugen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.23)

Revenue Per Share

0.026

Quarterly Revenue Growth

1.289

Return On Assets

(0.50)

Return On Equity

(1.09)

The market value of Ocugen Inc is measured differently than its book value, which is the value of Ocugen that is recorded on the company's balance sheet. Investors also form their own opinion of Ocugen's value that differs from its market value or its book value, called intrinsic value, which is Ocugen'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 Ocugen's market value can be influenced by many factors that don't directly affect Ocugen'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 Ocugen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ocugen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ocugen'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.

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Ocugen Research Development vs Operating Income Analysis

Research Development vs Operating Income

Research Development vs Operating Income Correlation Analysis

Correlation Coefficient

Research Development

Operating Income

Ocugen fundamental ratios Correlations

Ocugen Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ocugen fundamental ratios Accounts

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Complementary Tools for Ocugen Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Total Current Assets	+ 1.0	Cash And Short Term Investments
Common Stock	+ 1.0	Common Stock Total Equity
Cash And Short Term Investments	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Cash And Short Term Investments	+ 0.99	Cash

Cash	- 1.0	Net Debt
Cash And Short Term Investments	- 0.99	Net Debt
Total Current Assets	- 0.98	Net Debt
Net Debt	- 0.96	Total Assets
Net Debt	- 0.87	Total Stockholder Equity
Other Stockholder Equity	- 0.86	Retained Earnings