Ocean Power Technologies (OPTT) Short term Debt (2011 - 2024)
Ocean Power Technologies (OPTT) reported Short term Debt of $1.1 million for Q1 2024, up 24.0% on a YoY basis from $875000.0 in Q1 2023, and down 2.86% sequentially from $1.1 million in Q4 2023.
Ocean Power Technologies (OPTT) Short term Debt (2011 - 2024) Analysis & Trends
Ocean Power Technologies (OPTT) has 14 years of Short term Debt data on file, last reported at $1.1 million in Q1 2024.
- For the quarter ending Q1 2024, Short term Debt rose 24.0% year-over-year to $1.1 million; the trailing twelve-month figure through Jan 2024 stood at $1.1 million (up 24.0% YoY), and the FY2023 full-year result was $1.2 million, up 266.46% from the prior year.
- Short term Debt eased to $1.1 million in Q1 2024, from $1.1 million in the prior quarter.
- In the past five years, Short term Debt ranged from a high of $1.6 million in Q1 2022 to a low of $175000.0 in Q1 2021.
- A 5-year average of $642312.5 and a median of $381500.0 in 2021 frame the typical range for Short term Debt.
- Across the five-year window, Short term Debt jumped 809.14% in 2022 and slumped 45.0% in 2023, its largest moves.
- Tracing OPTT's Short term Debt over 5 years: stood at $280000.0 in 2020, then climbed by 17.14% to $328000.0 in 2021, then jumped by 32.62% to $435000.0 in 2022, then jumped by 156.78% to $1.1 million in 2023, then fell by 2.86% to $1.1 million in 2024.
- Business Quant data shows OPTT's Short term Debt at $1.1 million in Q1 2024, $1.1 million in Q4 2023, and $1.1 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn |
| 10 | Ocean Power Technologies | 29.32 Mn | 22.22 Mn | -755,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2024 | 1.09 Mn |
| Oct 31, 2023 | 1.12 Mn |
| Jul 31, 2023 | 1.14 Mn |
| Apr 30, 2023 | 1.20 Mn |
| Jan 31, 2023 | 875,000.00 |
| Oct 31, 2022 | 435,000.00 |
| Jul 31, 2022 | 640,000.00 |
| Apr 30, 2022 | 328,000.00 |
| Jan 31, 2022 | 1.59 Mn |
| Oct 31, 2021 | 328,000.00 |
| Jul 31, 2021 | 328,000.00 |
| Apr 30, 2021 | 328,000.00 |
| Jan 31, 2021 | 175,000.00 |
| Oct 31, 2020 | 280,000.00 |
| Jul 31, 2020 | 209,000.00 |
| Apr 30, 2020 | 216,000.00 |
| Oct 31, 2019 | 199,000.00 |
| Jul 31, 2019 | 211,000.00 |
| Apr 30, 2019 | 211,000.00 |
| Jan 31, 2019 | 410,000.00 |