Oil Accounts Payable vs Treasury Stock Analysis
ODC Stock | USD 81.66 2.05 2.58% |
Oil Dri financial indicator trend analysis is much more than just breaking down Oil Dri prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oil Dri is a good investment. Please check the relationship between Oil Dri Accounts Payable and its Treasury Stock accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oil Dri. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Oil Stock refer to our How to Trade Oil Stock guide.
Accounts Payable vs Treasury Stock
Accounts Payable vs Treasury Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oil Dri Accounts Payable account and Treasury Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Oil Dri's Accounts Payable and Treasury Stock is -0.76. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Treasury Stock in the same time period over historical financial statements of Oil Dri, assuming nothing else is changed. The correlation between historical values of Oil Dri's Accounts Payable and Treasury Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Oil Dri are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Accounts Payable i.e., Oil Dri's Accounts Payable and Treasury Stock go up and down completely randomly.
Correlation Coefficient | -0.76 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Accounts Payable
An accounting item on the balance sheet that represents Oil Dri obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Oil Dri are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Treasury Stock
Most indicators from Oil Dri's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oil Dri current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oil Dri. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Oil Stock refer to our How to Trade Oil Stock guide.At present, Oil Dri's Enterprise Value Over EBITDA is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 8.68, whereas Selling General Administrative is forecasted to decline to about 45.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 62.5M | 103.2M | 118.7M | 124.6M | Total Revenue | 348.6M | 413.0M | 475.0M | 498.7M |
Oil Dri fundamental ratios Correlations
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Oil Dri Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Oil Dri fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 235.9M | 227.6M | 249.6M | 286.2M | 329.2M | 345.6M | |
Short Long Term Debt Total | 9.8M | 8.9M | 32.8M | 42.5M | 48.9M | 25.2M | |
Other Current Liab | 32.7M | 26.9M | 30.4M | 38.8M | 44.6M | 46.8M | |
Total Current Liabilities | 46.2M | 39.0M | 48.5M | 58.8M | 67.6M | 71.0M | |
Total Stockholder Equity | 148.0M | 159.2M | 150.3M | 177.1M | 203.6M | 213.8M | |
Property Plant And Equipment Net | 92.9M | 95.9M | 107.9M | 130.3M | 149.8M | 157.3M | |
Net Debt | (31.0M) | (15.7M) | 16.5M | 10.8M | 9.7M | 8.2M | |
Retained Earnings | 176.6M | 180.4M | 178.8M | 200.8M | 230.9M | 242.5M | |
Cash | 40.9M | 24.6M | 16.3M | 31.8M | 36.5M | 38.3M | |
Non Current Assets Total | 127.5M | 125.6M | 134.9M | 149.7M | 172.2M | 86.4M | |
Non Currrent Assets Other | 34.5M | 29.7M | 18.1M | 7.2M | 8.3M | 9.4M | |
Cash And Short Term Investments | 40.9M | 24.6M | 16.3M | 31.8M | 36.5M | 20.1M | |
Net Receivables | 34.9M | 40.9M | 51.7M | 59.3M | 68.2M | 71.6M | |
Common Stock Shares Outstanding | 6.8M | 6.7M | 6.6M | 8.3M | 7.4M | 6.1M | |
Liabilities And Stockholders Equity | 235.9M | 227.6M | 249.6M | 286.2M | 329.2M | 345.6M | |
Non Current Liabilities Total | 41.7M | 29.3M | 50.7M | 50.4M | 57.9M | 37.8M | |
Inventory | 23.9M | 23.6M | 35.6M | 42.6M | 49.0M | 51.5M | |
Other Current Assets | 8.7M | 12.8M | 11.1M | 2.9M | 3.3M | 3.1M | |
Other Stockholder Equity | (17.5M) | (18.2M) | (27.3M) | (25.6M) | (23.0M) | (21.9M) | |
Total Liab | 87.9M | 68.3M | 99.3M | 109.2M | 125.5M | 64.2M | |
Property Plant And Equipment Gross | 102.8M | 104.6M | 283.2M | 313.3M | 360.2M | 378.3M | |
Total Current Assets | 108.4M | 101.9M | 114.7M | 136.5M | 157.0M | 164.8M | |
Accumulated Other Comprehensive Income | (12.3M) | (4.1M) | (2.2M) | 748K | 860.2K | 903.2K | |
Intangible Assets | 2.5M | 2.2M | 1.6M | 1.4M | 1.3M | 1.2M | |
Accounts Payable | 12.5M | 9.2M | 13.4M | 17.1M | 19.7M | 20.6M | |
Common Stock Total Equity | 1.1M | 1.1M | 1.1M | 1.1M | 1.3M | 1.0M | |
Common Stock | 1.1M | 1.1M | 1.1M | 1.1M | 1.3M | 1.0M | |
Other Liab | 23.7M | 13.4M | 9.2M | 10.8M | 12.4M | 20.9M | |
Other Assets | 13.0M | 9.6M | 11.2M | 14.4M | 16.6M | 11.1M | |
Long Term Debt | 8.8M | 7.9M | 31.8M | 30.8M | 27.7M | 17.0M | |
Treasury Stock | (56.5M) | (62.3M) | (66.2M) | (79.4M) | (71.5M) | (75.1M) | |
Property Plant Equipment | 92.9M | 104.6M | 107.9M | 130.3M | 149.8M | 78.7M | |
Net Tangible Assets | 138.9M | 148.1M | 150.7M | 172.0M | 197.8M | 133.4M | |
Noncontrolling Interest In Consolidated Entity | (14K) | (174K) | (307K) | (369K) | (332.1K) | (315.5K) | |
Retained Earnings Total Equity | 164.8M | 176.6M | 180.4M | 178.8M | 205.6M | 169.8M | |
Capital Surpluse | 45.0M | 48.3M | 52.5M | 55.6M | 64.0M | 43.9M |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oil Dri. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. 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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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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.