Optical Cable Net Worth
Optical Cable Net Worth Breakdown | OCC |
Optical Cable Net Worth Analysis
Optical Cable's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Optical Cable's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Optical Cable's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Optical Cable's net worth analysis. One common approach is to calculate Optical Cable's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Optical Cable's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Optical Cable's net worth. This approach calculates the present value of Optical Cable's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Optical Cable's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Optical Cable's net worth. This involves comparing Optical Cable's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Optical Cable's net worth relative to its peers.
Enterprise Value |
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To determine if Optical Cable is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Optical Cable's net worth research are outlined below:
| Optical Cable had very high historical volatility over the last 90 days | |
| Optical Cable has about 192.29 K in cash with (395.68 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Optical Cable has a poor financial position based on the latest SEC disclosures | |
| Roughly 34.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from MacroaxisInsider: Disposition of 21110 shares by Neil Wilkin of Optical Cable at 2.35 subject to Rule 16b-3 |
Optical Cable uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Optical Cable. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Optical Cable's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 11th of March 2024 Upcoming Quarterly Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View |
Know Optical Cable's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Optical Cable is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Optical Cable backward and forwards among themselves. Optical Cable's institutional investor refers to the entity that pools money to purchase Optical Cable's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Blackrock Inc | 2023-12-31 | 17.2 K | Hilltop Holdings Inc | 2023-12-31 | 15.3 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 2.9 K | Wells Fargo & Co | 2023-12-31 | 1 K | Tower Research Capital Llc | 2023-12-31 | 1 K | Fmr Inc | 2023-12-31 | 101 | Ubs Group Ag | 2023-12-31 | 41.0 | Advisor Group Holdings, Inc. | 2023-12-31 | 25.0 | Jpmorgan Chase & Co | 2023-12-31 | 9.0 | Dimensional Fund Advisors, Inc. | 2023-12-31 | 308.4 K | Vanguard Group Inc | 2023-12-31 | 194.5 K |
Follow Optical Cable's market capitalization trends
The company currently falls under 'Micro-Cap' category with a total capitalization of 21.6 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Optical Cable's market, we take the total number of its shares issued and multiply it by Optical Cable's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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Project Optical Cable's profitablity
Optical Cable's profitability indicators refer to fundamental financial ratios that showcase Optical Cable's ability to generate income relative to its revenue or operating costs. If, let's say, Optical Cable is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Optical Cable's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Optical Cable's profitability requires more research than a typical breakdown of Optical Cable's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.05 | 0.03 | |
| Return On Capital Employed | 0.03 | 0.03 | |
| Return On Assets | 0.05 | 0.03 | |
| Return On Equity | 0.1 | 0.10 |
When accessing Optical Cable's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Optical Cable's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Optical Cable's profitability and make more informed investment decisions.
The data published in Optical Cable's official financial statements usually reflect Optical Cable's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Optical Cable. For example, before you start analyzing numbers published by Optical accountants, it's critical to develop an understanding of what Optical Cable's liquidity, profitability, and earnings quality are in the context of the Communications Equipment space in which it operates.
Please note, the presentation of Optical Cable's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Optical Cable's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Optical Cable's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Optical Cable. Please utilize our Beneish M Score to check the likelihood of Optical Cable's management manipulating its earnings.
Evaluate Optical Cable's management efficiency
Optical Cable has Return on Asset of (0.0219) % which means that on every $100 spent on assets, it lost $0.0219. This is way below average. Optical Cable's management efficiency ratios could be used to measure how well Optical Cable manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Equity is expected to grow to 0.10, whereas Return On Tangible Assets are forecasted to decline to 0.03. At present, Optical Cable's Other Current Assets are projected to decrease significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 552.7 K, whereas Total Assets are forecasted to decline to about 44.8 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 3.61 | 4.70 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 3.53 | 4.57 | |
| Enterprise Value Over EBITDA | 16.82 | 14.56 | |
| Price Book Value Ratio | 0.99 | 0.94 | |
| Enterprise Value Multiple | 16.82 | 14.56 | |
| Price Fair Value | 0.99 | 0.94 | |
| Enterprise Value | 35.5 M | 33.8 M |
The analysis of Optical Cable's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Optical Cable's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Optical Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Enterprise Value Revenue 0.4697 | Revenue 68.7 M | Quarterly Revenue Growth (0.19) | Revenue Per Share 8.763 | Return On Equity (0.01) |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Optical Cable insiders, such as employees or executives, is commonly permitted as long as it does not rely on Optical Cable's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Optical Cable insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Neil Wilkin 3 days ago Disposition of 21110 shares by Neil Wilkin of Optical Cable at 2.35 subject to Rule 16b-3 | ||
Randall Frazier over three weeks ago Disposition of 1000 shares by Randall Frazier of Optical Cable at 2.69 subject to Rule 16b-3 | ||
Randall Frazier over a month ago Disposition of 487 shares by Randall Frazier of Optical Cable at 4.0 subject to Rule 16b-3 | ||
Randall Frazier over a month ago Disposition of 1000 shares by Randall Frazier of Optical Cable at 2.7 subject to Rule 16b-3 | ||
John Williamson over a year ago Purchase by John Williamson of 3125 shares of Optical Cable | ||
Neil Wilkin over a year ago Payment of 6447 shares by Neil Wilkin of Optical Cable subject to Rule 16b-3 |
Optical Cable Corporate Filings
8K | 30th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 13th of March 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
| 27th of February 2024 Other Reports | ViewVerify | |
F4 | 1st of February 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Optical Cable Earnings per Share Projection vs Actual
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Optical Cable Corporate Executives
Elected by the shareholders, the Optical Cable's board of directors comprises two types of representatives: Optical Cable inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Optical. The board's role is to monitor Optical Cable's management team and ensure that shareholders' interests are well served. Optical Cable's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Optical Cable's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Tracy Smith | CFO, Sr. VP and Corporate Secretary | Profile |
How to buy Optical Stock?
The net worth of Optical Cable is the difference between its total assets and liabilities. Optical Cable's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Optical Cable's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Optical Cable's net worth can be used as a measure of its financial health and stability which can help investors to decide if Optical Cable is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Optical Cable stock.Already Invested in Optical Cable?
The danger of trading Optical Cable is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Optical Cable is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Optical Cable. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Optical Cable is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Optical Cable offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Optical Cable'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 Optical Cable Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Optical Cable Stock: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Optical Cable. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. 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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Optical Stock analysis
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.
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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.
Earnings Share (0.02) | Revenue Per Share 8.763 | Quarterly Revenue Growth (0.19) | Return On Assets (0.02) | Return On Equity (0.01) |
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.