Oil Dri Stock Current Asset

ODC Stock  USD 73.38  2.56  3.61%   
Oil Dri fundamentals help investors to digest information that contributes to Oil Dri's financial success or failures. It also enables traders to predict the movement of Oil Stock. The fundamental analysis module provides a way to measure Oil Dri's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Oil Dri stock.
The current year's Total Current Assets is expected to grow to about 164.8 M, whereas Non Current Assets Total are forecasted to decline to about 86.4 M.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Oil Dri Company Current Asset Analysis

Oil Dri's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Current Asset

 = 

Cash

+

Deposits

+

Liquid Assets

More About Current Asset | All Equity Analysis

Current Oil Dri Current Asset

    
  86 M  
Most of Oil Dri's fundamental indicators, such as Current Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Oil Dri is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Oil Current Asset Historical Pattern

Today, most investors in Oil Dri Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Oil Dri's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Oil Dri current asset as a starting point in their analysis.
   Oil Dri Current Asset   
       Timeline  
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

Oil Total Assets

Total Assets

345.63 Million

At present, Oil Dri's Total Assets are projected to increase significantly based on the last few years of reporting.
In accordance with the recently published financial statements, Oil Dri has a Current Asset of 86 M. This is 98.4% lower than that of the Household Products sector and 93.64% lower than that of the Consumer Staples industry. The current asset for all United States stocks is 99.08% higher than that of the company.

Oil Current Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Oil Dri's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Oil Dri could also be used in its relative valuation, which is a method of valuing Oil Dri by comparing valuation metrics of similar companies.
Oil Dri is currently under evaluation in current asset category among related companies.

Oil Fundamentals

About Oil Dri Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Oil Dri's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Oil Dri using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Oil Dri based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Oil Dri offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Oil Dri'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 Oil Dri Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Oil Dri Stock:
Check out Oil Dri Piotroski F Score and Oil Dri Altman Z Score analysis.
For information on how to trade Oil Stock refer to our How to Trade Oil Stock guide.
Note that the Oil Dri information on this page should be used as a complementary analysis to other Oil Dri'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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Complementary Tools for Oil Stock analysis

When running Oil Dri's price analysis, check to measure Oil Dri'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 Oil Dri is operating at the current time. Most of Oil Dri's value examination focuses on studying past and present price action to predict the probability of Oil Dri's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oil Dri's price. Additionally, you may evaluate how the addition of Oil Dri to your portfolios can decrease your overall portfolio volatility.
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Is Oil Dri'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 Oil Dri. If investors know Oil 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 Oil Dri listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.252
Dividend Share
1.15
Earnings Share
5.98
Revenue Per Share
63.107
Quarterly Revenue Growth
0.039
The market value of Oil Dri is measured differently than its book value, which is the value of Oil that is recorded on the company's balance sheet. Investors also form their own opinion of Oil Dri's value that differs from its market value or its book value, called intrinsic value, which is Oil Dri'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 Oil Dri's market value can be influenced by many factors that don't directly affect Oil Dri'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 Oil Dri's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oil Dri is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oil Dri'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.