Odyssey Net Debt vs Retained Earnings 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 Net Debt and its Retained Earnings 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.
Net Debt vs Retained Earnings
Net Debt vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Odyssey Marine Explo Net Debt account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between Odyssey Marine's Net Debt and Retained Earnings is -0.72. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Retained Earnings 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 Net Debt and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Odyssey Marine Exploration are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Debt i.e., Odyssey Marine's Net Debt and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.72 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.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
Click cells to compare fundamentals
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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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.When determining whether Odyssey Marine Explo offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Odyssey Marine'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 Odyssey Marine Exploration Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Odyssey Marine Exploration Stock: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. Note that the Odyssey Marine Explo information on this page should be used as a complementary analysis to other Odyssey Marine'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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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When running Odyssey Marine's price analysis, check to measure Odyssey Marine'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 Odyssey Marine is operating at the current time. Most of Odyssey Marine's value examination focuses on studying past and present price action to predict the probability of Odyssey Marine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Odyssey Marine's price. Additionally, you may evaluate how the addition of Odyssey Marine to your portfolios can decrease your overall portfolio volatility.
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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.