|
Ocean Power Technologies Inc (OPTT) |
|
|
|
Ocean Power Technologies Inc 's Tangible Leverage Ratio
OPTT's quarterly Tangible Leverage Ratio and Total Liabilities, Tangible Equity growth
In Spite of the repayements of liabilities of -1.25%, in III Quarter 2023 ,Tangible Leverage Ratio deteriorated to 0.71 is above the company's typical Tangible Leverage Ratio.
Within Electric Utilities industry Ocean Power Technologies Inc achieved the lowest Tangible Leverage Ratio in the third quarter 2023. While Tangible Leverage Ratio total ranking has improved so far in the third quarter 2023 to 457, from total ranking in the forth quarter 2023 at 588 .
Explain Tangible Leverage Ratio?
What is OPTT Market Share?
What are OPTT´s Total Liabilities?
Select the Comparisons :
|
|
Select the Ratio:
|
Tangible Leverage Ratio ▼
|
Tangible Leverage Ratio ▼
|
OPTT Tangible Leverage Ratio |
(Jan 31 2024) III. Quarter |
(Apr 30 2023) IV. Quarter |
(Jan 31 2023) III. Quarter |
(Oct 31 2022) II. Quarter |
(Jul 31 2022) I. Quarter |
Y / Y Tangible Equity Change |
-74.21 % |
-44.02 % |
-34.42 % |
-36.32 % |
-34.61 % |
Y / Y Total Liabilities Change |
98.53 % |
106.51 % |
26.73 % |
92.68 % |
36.78 % |
Tangible Leverage Ratio MRQ |
0.71 |
0.3 |
0.15 |
0.13 |
0.09 |
OPTT's Total
Ranking |
# 457 |
# 588 |
# 306 |
# |
# |
Seq. Tangible Equity Change |
-58.43 % |
-22.16 % |
-12.53 % |
-8.89 % |
-9.76 % |
Seq. Total Liabilities Change |
-1.25 % |
54.42 % |
3.92 % |
25.29 % |
2.72 % |
Tangible Leverage Ratio third quarter 2023 Company Ranking |
Within: |
No. |
Electric Utilities Industry |
# 1 |
Utilities Sector |
# 4 |
Overall Market |
# 457 |
Tangible Leverage Ratio Statistics |
High |
Average |
Low |
2.17 |
0.41 |
0.04 |
(Jul 31 2016) |
|
(Oct 31 2021) |
Cumulative Ocean Power Technologies Inc 's Tangible Leverage Ratio
OPTT's Tangible Leverage Ratio for the trailling 12 Months
OPTT Tangible Leverage Ratio |
(Jan 31 2024) III. Quarter |
(Apr 30 2023) IV. Quarter |
(Jan 31 2023) III. Quarter |
(Oct 31 2022) II. Quarter |
(Jul 31 2022) I. Quarter |
Y / Y Tangible Equity TTM Growth |
-74.21 % |
-44.02 % |
-34.42 % |
-36.32 % |
-34.61 % |
Y / Y Total Liabilities TTM Growth |
98.53 % |
106.51 % |
26.73 % |
92.68 % |
36.78 % |
Tangible Leverage Ratio TTM |
0.23 |
0.15 |
0.11 |
0.09 |
0.07 |
Total
Ranking TTM |
# 362
| # 2
| # 167
| #
| #
|
Seq. Tangible Equity TTM Growth |
-58.43 % |
-22.16 % |
-12.53 % |
-8.89 % |
-9.76 % |
Seq. Total Liabilities TTM Growth |
-1.25 % |
54.42 % |
3.92 % |
25.29 % |
2.72 % |
On the trailing twelve months basis Despite of the repayements of liabilities of -1.25% in the trailing twelve months ending in III Quarter 2023, Tangible Leverage Ratio improved to 0.23, below Ocean Power Technologies Inc 's average Tangible Leverage Ratio. Tangible Leverage Ratio is the average cumulative value over the last four quarters.
Among companies in the Electric Utilities industry OPTT recorded the lowest Tangible Leverage Ratio. While Tangible Leverage Ratio total ranking has deteriorated during the twelve months ending in the III Quarter 2023, compared to the prior period, from 2 to 362.
Explain Tangible Leverage Ratio?
What is OPTT Market Share?
What are OPTT´s Total Liabilities?
TTM Tangible Leverage Ratio Company Ranking |
Within: |
No. |
Within the Electric Utilities Industry |
# 1 |
Utilities Sector |
# 4 |
Within the Market |
# 362 |
trailing twelve months Tangible Leverage Ratio Statistics |
High |
Average |
Low |
2.17 |
0.41 |
0.04 | (Jul 31 2016) |
|
(Oct 31 2021) |
Companies with similar Tangible Leverage Ratio in the quarter ending Jan 31 2024, within Electric Utilities Industry | Tangible Leverage Ratio | Jan 31 2024 MRQ Total Liabilities | Jan 31 2024 MRQ Tangible Equity | Xcel Energy Inc | 1.95 | $ 34,398.000 Millions | $ 17,616.000 Millions | Astra Energy Inc | 1.93 | $ 6.089 Millions | $ 3.154 Millions | Algonquin Power and Utilities Corp | 1.87 | $ 9,761.981 Millions | $ 5,206.408 Millions | Hydro One Inc | 1.87 | $ 15,826.326 Millions | $ 8,441.320 Millions | Ameren Corporation | 1.73 | $ 19,191.000 Millions | $ 11,067.000 Millions | Public Service Enterprise Group Incorporated | 1.61 | $ 24,966.000 Millions | $ 15,477.000 Millions | Alliant Energy Corp | 1.59 | $ 10,778.000 Millions | $ 6,777.000 Millions | Sempra | 1.48 | $ 46,857.000 Millions | $ 31,734.000 Millions | Avangrid Inc | 1.41 | $ 24,341.000 Millions | $ 17,273.000 Millions | Ormat Technologies Inc | 1.35 | $ 2,767.292 Millions | $ 2,042.834 Millions | Allete Inc | 1.00 | $ 3,249.800 Millions | $ 3,251.200 Millions | Kenon Holdings Ltd | 0.98 | $ 2,038.216 Millions | $ 2,070.224 Millions | Brookfield Renewable Corporation | 0.97 | $ 15,805.000 Millions | $ 16,275.000 Millions | Otter Tail Corporation | 0.85 | $ 1,182.089 Millions | $ 1,398.591 Millions | Genie Energy Ltd | 0.78 | $ 133.316 Millions | $ 171.775 Millions | Ocean Power Technologies Inc | 0.71 | $ 9.303 Millions | $ 13.068 Millions | Consolidated Edison Inc | 0.40 | $ 8,364.000 Millions | $ 20,750.000 Millions | Idacorp Inc | 0.30 | $ 875.215 Millions | $ 2,914.743 Millions |
|