What is Ocean Power Technologies's gain/loss on asset sales?

Ocean Power Technologies (OPTT) reported gain/loss on asset sales of -$210K in Q4 2023.

What does gain/loss on asset sales mean?

Gains or losses on asset disposals removed from operating cash flow — the cash impact is captured in investing activities.

Ocean Power Technologies OPTT Gain/Loss on Asset Sales

Gain/Loss on Asset Sales at other companies

Coda Octopus Group, Inc.CODA

$3.66K—

Mastech DigitalMHH

-$4K+80.0%

Geospace Technologies CorporationGEOS

-$85K-1,314%

KDK

Kodiak AI, Inc. Common StockKDK

-$85K+34.6%

DWS

Dawson Geophysical CompanyDWSN

$93K-49.7%

Oceaneering InternationalOII

$26K-86.2%

Other financials

Income statement

See full

Revenue$513.0K-37.8%

Gross profit-$755.0K-483%

Operating income-$9.1M-55.2%

Net income-$11.4M-69.1%

EPS (diluted)-$0.06-50.0%

Balance sheet

See full

Cash & equivalents$7.2M-29.2%

Total debt$2.3M+12.4%

Total equity$20.1M-30.5%

Total assets$41.1M+19.6%

Cash flow

See full

Operating cash flow-$6.8M-81.6%

CapEx$35.0K-84.2%

Free cash flow-$6.8M-72.3%

Valuation

See full

Market cap$66.85M-25.5%

Enterprise value$61.96M-26.8%

P/S19.5×+4.2×

Profitability

See full

Gross margin-56.4%-94.0pp

Operating margin-982.3%-2,128pp

Net margin-1,048.2%-2,164pp

FCF margin-752.2%-5,743pp

Returns & leverage

See full

Return on equity-147%+694pp

Debt / equity0.1×0.0×

Current ratio1.1×-2.8×

Where this comes from

Reported directly by Ocean Power Technologies in its filing.

Tagged under the XBRL concept us-gaap:GainLossOnDispositionOfAssets1.

The official record: Ocean Power Technologies’s 10-Q, filed March 13, 2024, on SEC EDGAR. View the filing →

Ask your AI about Ocean Power Technologies's gain/loss on asset sales.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Ocean Power Technologies's gain/loss on asset sales?: Ocean Power Technologies (OPTT) reported gain/loss on asset sales of -$210K in Q4 2023.
What does gain/loss on asset sales mean?: Gains or losses on asset disposals removed from operating cash flow — the cash impact is captured in investing activities.