Ocean Power Technologies (OPTT) Short term Debt (2011 - 2024)
Ocean Power Technologies (OPTT) posted Short term Debt of $1.1 million for Q1 2024, down 2.86% sequentially from $1.1 million in Q4 2023, and up 24.0% YoY from $875000.0 in Q1 2023.
Ocean Power Technologies (OPTT) Short term Debt (2011 - 2024) Analysis & Trends
Ocean Power Technologies has reported Short term Debt for 14 years, with the latest figure at $1.1 million in Q1 2024.
- Quarterly Short term Debt rose 24.0% year-over-year to $1.1 million in Q1 2024, while the trailing twelve-month figure through Jan 2024 was $1.1 million (up 24.0% YoY) and the FY2023 annual result came in at $1.2 million, up 266.46% from the prior year.
- Short term Debt eased to $1.1 million in Q1 2024 per OPTT's latest filing, from $1.1 million in the prior quarter.
- Over five years, Short term Debt peaked at $1.6 million in Q1 2022 and troughed at $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.
- The sharpest annual moves came in 2022 and 2023: Short term Debt soared 809.14% in 2022, then plunged 45.0% in 2023.
- Over 5 years, Short term Debt stood at $280000.0 in 2020, then rose 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 slipped by 2.86% to $1.1 million in 2024.
- According to Business Quant data, Short term Debt over the past three periods registered $1.1 million, $1.1 million, and $1.1 million for Q1 2024, Q4 2023, and Q3 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 258.49 Bn | 245.37 Bn | 2.36 Bn |
| 2 | Eaton | 163.47 Bn | 162.77 Bn | 2.86 Bn |
| 3 | Parker-Hannifin | 125.80 Bn | 125.33 Bn | 2.02 Bn |
| 4 | Emerson Electric | 87.23 Bn | 85.05 Bn | 2.66 Bn |
| 5 | Cummins | 81.82 Bn | 77.15 Bn | 2.47 Bn |
| 6 | Illinois Tool Works | 80.78 Bn | 79.95 Bn | 1.90 Bn |
| 7 | Ametek | 54.56 Bn | 54.06 Bn | 735.04 Mn |
| 8 | Rockwell Automation | 48.52 Bn | 48.04 Bn | 1.14 Bn |
| 9 | Ingersoll Rand | 31.59 Bn | 30.41 Bn | 862.60 Mn |
| 10 | Ocean Power Technologies | 36.07 Mn | 28.97 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 |