Odyssey Deferred Long Term Liab vs Accounts Payable Analysis
OMEX Stock | USD 4.95 0.24 5.10% |
Odyssey Marine financial indicator trend analysis is much more than just breaking down Odyssey Marine Explo prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Odyssey Marine Explo is a good investment. Please check the relationship between Odyssey Marine Deferred Long Term Liab and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Odyssey Marine Exploration. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Deferred Long Term Liab vs Accounts Payable
Deferred Long Term Liab vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Odyssey Marine Explo Deferred Long Term Liab account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Odyssey Marine's Deferred Long Term Liab and Accounts Payable is -0.3. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Odyssey Marine Exploration, assuming nothing else is changed. The correlation between historical values of Odyssey Marine's Deferred Long Term Liab and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Odyssey Marine Exploration are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Deferred Long Term Liab i.e., Odyssey Marine's Deferred Long Term Liab and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.3 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.Accounts Payable
An accounting item on the balance sheet that represents Odyssey Marine obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Odyssey Marine Explo are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Odyssey Marine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Odyssey Marine Explo 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 Odyssey Marine Exploration. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Selling General Administrative is likely to rise to about 9.7 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 227.3 K in 2024.
2023 | 2024 (projected) | Cost Of Revenue | 4.3M | 8.4M | Research Development | 4.2M | 4.0M |
Odyssey Marine fundamental ratios Correlations
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Odyssey Marine Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Odyssey Marine fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.3M | 11.8M | 8.9M | 13.3M | 22.8M | 16.2M | |
Total Current Liabilities | 51.2M | 53.9M | 52.6M | 64.7M | 31.5M | 20.6M | |
Total Stockholder Equity | (29.3M) | (27.6M) | (26.0M) | (32.3M) | (32.5M) | (30.9M) | |
Retained Earnings | (250.3M) | (265.1M) | (275.1M) | (298.2M) | (296.1M) | (281.3M) | |
Accounts Payable | 6.2M | 1.5M | 1.8M | 2.3M | 345.4K | 328.1K | |
Common Stock Total Equity | 847.0 | 922.0 | 948.0 | 1.26 | 1.13 | 1.08 | |
Common Stock Shares Outstanding | 9.3M | 10.5M | 13.3M | 17.3M | 20.1M | 21.1M | |
Liabilities And Stockholders Equity | 5.3M | 11.8M | 8.9M | 13.3M | 22.8M | 16.2M | |
Non Current Liabilities Total | 7.4M | 15.8M | 18.8M | 25.1M | 77.2M | 81.1M | |
Other Current Assets | 589.8K | 587.4K | 776.6K | 947.4K | 743.4K | 402.6K | |
Total Liab | 58.6M | 69.7M | 71.4M | 89.8M | 108.7M | 114.1M | |
Total Current Assets | 1.2M | 6.9M | 3.3M | 4.0M | 4.9M | 7.1M | |
Common Stock | 948.0 | 1.3K | 1.4K | 2.0K | 2.0K | 1.9K | |
Net Debt | 34.9M | 37.1M | 40.1M | 45.6M | 19.4M | 11.5M | |
Cash | 213.4K | 6.2M | 2.3M | 1.4M | 4.0M | 4.3M | |
Cash And Short Term Investments | 213.4K | 6.2M | 2.3M | 1.4M | 4.0M | 4.5M | |
Short Long Term Debt Total | 35.1M | 43.2M | 42.4M | 47.1M | 23.4M | 17.1M | |
Other Current Liab | 13.0M | 21.2M | 27.2M | 40.5M | (684.8M) | (650.5M) | |
Property Plant And Equipment Net | 756.8K | 614.8K | 479.1K | 3.0M | 646.2K | 613.9K | |
Non Current Assets Total | 4.1M | 4.8M | 5.6M | 9.3M | 17.9M | 9.8M | |
Non Currrent Assets Other | 870.6K | 26.8K | 41.8K | 34.3K | 30.9K | 29.3K | |
Other Stockholder Equity | 221.0M | 237.5M | 249.1M | 265.9M | 263.6M | 137.2M | |
Property Plant And Equipment Gross | 756.8K | 614.76 | 6.1M | 8.4M | 1.9M | 1.8M | |
Short Term Debt | 31.6M | 31.2M | 23.6M | 21.9M | 15.5M | 12.8M | |
Property Plant Equipment | 118.0K | 756.8K | 614.8K | 479.1K | 431.2K | 409.7K | |
Net Receivables | 421.6K | 160.3K | 268.9K | 1.6M | 110.3K | 104.8K | |
Net Tangible Assets | (21.9M) | (29.3M) | (29.4M) | (27.9M) | (25.1M) | (26.3M) | |
Noncontrolling Interest In Consolidated Entity | (15.4M) | (19.3M) | (24.0M) | (30.3M) | (27.3M) | (25.9M) | |
Retained Earnings Total Equity | (234.7M) | (239.9M) | (250.3M) | (265.1M) | (238.6M) | (250.6M) | |
Capital Surpluse | 212.1M | 218.0M | 221.0M | 237.5M | 273.1M | 217.2M |
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Is Odyssey Marine'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 Odyssey Marine. If investors know Odyssey 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 Odyssey Marine listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.03) | Revenue Per Share 0.04 | Quarterly Revenue Growth (0.40) | Return On Assets (0.36) |
The market value of Odyssey Marine Explo is measured differently than its book value, which is the value of Odyssey that is recorded on the company's balance sheet. Investors also form their own opinion of Odyssey Marine's value that differs from its market value or its book value, called intrinsic value, which is Odyssey Marine'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 Odyssey Marine's market value can be influenced by many factors that don't directly affect Odyssey Marine'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 Odyssey Marine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Odyssey Marine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Odyssey Marine'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.