Orion Total Assets vs Non Currrent Assets Other Analysis

OEC Stock  USD 23.56  0.60  2.48%   
Orion Engineered financial indicator trend analysis is much more than just breaking down Orion Engineered Carbons prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orion Engineered Carbons is a good investment. Please check the relationship between Orion Engineered Total Assets and its Non Currrent Assets Other accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orion Engineered Carbons. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Total Assets vs Non Currrent Assets Other

Total Assets vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orion Engineered Carbons Total Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Orion Engineered's Total Assets and Non Currrent Assets Other is -0.27. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Orion Engineered Carbons, assuming nothing else is changed. The correlation between historical values of Orion Engineered's Total Assets and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Orion Engineered Carbons are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Assets i.e., Orion Engineered's Total Assets and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.27
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Assets

Total assets refers to the total amount of Orion Engineered assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Orion Engineered Carbons books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Orion Engineered's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orion Engineered Carbons 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 Orion Engineered Carbons. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
As of June 8, 2024, Selling General Administrative is expected to decline to about 160 M. In addition to that, Tax Provision is expected to decline to about 38.3 M
 2021 2022 2023 2024 (projected)
Interest Expense38M39.9M48.6M50.0M
Depreciation And Amortization104.1M105.7M113M107.5M

Orion Engineered fundamental ratios Correlations

0.270.450.80.670.370.840.280.660.66-0.320.95-0.270.4-0.08-0.450.470.670.480.240.650.190.950.640.440.74
0.27-0.20.670.780.580.671.00.670.53-0.860.48-0.30.63-0.87-0.88-0.490.260.830.010.59-0.790.230.70.44-0.39
0.45-0.20.210.170.040.28-0.180.090.12-0.060.38-0.02-0.310.1-0.030.360.590.250.310.160.310.390.190.440.46
0.80.670.210.840.690.920.680.780.87-0.680.85-0.170.51-0.58-0.760.130.60.780.350.87-0.350.750.820.720.26
0.670.780.170.840.660.860.780.960.76-0.840.78-0.550.68-0.73-0.89-0.230.560.820.450.7-0.570.640.940.550.09
0.370.580.040.690.660.650.60.580.69-0.70.49-0.220.3-0.72-0.7-0.280.530.750.420.42-0.550.330.80.73-0.14
0.840.670.280.920.860.650.680.840.75-0.720.96-0.390.53-0.52-0.820.00.730.820.310.71-0.270.770.860.590.3
0.281.0-0.180.680.780.60.680.670.54-0.880.49-0.310.62-0.88-0.9-0.490.270.850.030.59-0.790.240.710.46-0.39
0.660.670.090.780.960.580.840.670.72-0.790.77-0.660.68-0.63-0.86-0.260.520.70.560.62-0.490.630.910.420.16
0.660.530.120.870.760.690.750.540.72-0.640.66-0.280.42-0.57-0.680.120.490.720.380.64-0.370.720.690.580.19
-0.32-0.86-0.06-0.68-0.84-0.7-0.72-0.88-0.79-0.64-0.520.51-0.470.90.980.55-0.37-0.92-0.4-0.520.79-0.32-0.82-0.550.34
0.950.480.380.850.780.490.960.490.770.66-0.52-0.390.49-0.28-0.650.20.740.660.250.65-0.010.870.770.490.55
-0.27-0.3-0.02-0.17-0.55-0.22-0.39-0.31-0.66-0.280.51-0.39-0.490.280.550.47-0.26-0.4-0.30.120.25-0.29-0.50.11-0.09
0.40.63-0.310.510.680.30.530.620.680.42-0.470.49-0.49-0.45-0.55-0.270.110.40.020.47-0.420.380.60.060.02
-0.08-0.870.1-0.58-0.73-0.72-0.52-0.88-0.63-0.570.9-0.280.28-0.450.850.62-0.28-0.82-0.33-0.480.95-0.06-0.71-0.580.56
-0.45-0.88-0.03-0.76-0.89-0.7-0.82-0.9-0.86-0.680.98-0.650.55-0.550.850.47-0.44-0.91-0.37-0.570.72-0.43-0.86-0.510.21
0.47-0.490.360.13-0.23-0.280.0-0.49-0.260.120.550.20.47-0.270.620.470.07-0.33-0.170.20.750.5-0.290.010.77
0.670.260.590.60.560.530.730.270.520.49-0.370.74-0.260.11-0.28-0.440.070.60.350.34-0.010.490.630.670.42
0.480.830.250.780.820.750.820.850.70.72-0.920.66-0.40.4-0.82-0.91-0.330.60.230.56-0.620.450.80.71-0.16
0.240.010.310.350.450.420.310.030.560.38-0.40.25-0.30.02-0.33-0.37-0.170.350.230.28-0.30.210.550.410.09
0.650.590.160.870.70.420.710.590.620.64-0.520.650.120.47-0.48-0.570.20.340.560.28-0.340.630.660.630.17
0.19-0.790.31-0.35-0.57-0.55-0.27-0.79-0.49-0.370.79-0.010.25-0.420.950.720.75-0.01-0.62-0.3-0.340.18-0.54-0.370.74
0.950.230.390.750.640.330.770.240.630.72-0.320.87-0.290.38-0.06-0.430.50.490.450.210.630.180.570.330.68
0.640.70.190.820.940.80.860.710.910.69-0.820.77-0.50.6-0.71-0.86-0.290.630.80.550.66-0.540.570.680.09
0.440.440.440.720.550.730.590.460.420.58-0.550.490.110.06-0.58-0.510.010.670.710.410.63-0.370.330.680.05
0.74-0.390.460.260.09-0.140.3-0.390.160.190.340.55-0.090.020.560.210.770.42-0.160.090.170.740.680.090.05
Click cells to compare fundamentals

Orion Engineered Account Relationship Matchups

Orion Engineered fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.4B1.6B1.9B1.8B1.5B
Short Long Term Debt Total666.7M738.4M782.9M915.3M927.2M759.8M
Other Current Liab91.5M110.0M34.1M81.3M72.8M64.9M
Total Current Liabilities285.2M324.7M448.7M552.8M440.3M346.3M
Total Stockholder Equity186.0M181.0M319.7M459.4M478.5M502.4M
Other Liab134.4M153.7M231.4M131.6M151.3M136.5M
Property Plant And Equipment Net561.6M696.2M792.5M916.1M1.0B650.0M
Net Debt602.9M673.6M717.2M854.5M887M681.3M
Retained Earnings78.3M84.4M217.8M319M417.6M438.5M
Accounts Payable156.3M131.3M195.1M184.1M183.7M166.0M
Cash63.7M64.9M65.7M60.8M40.2M57.1M
Non Current Assets Total749.7M889.3M966M1.1B1.2B896.2M
Non Currrent Assets Other3.7M3.0M3.5M58.8M(134.1M)(127.4M)
Other Assets(2K)(3K)53.9M87.9M101.1M106.1M
Long Term Debt630.3M655.8M631.2M657M677.3M602.5M
Cash And Short Term Investments75.1M68.5M65.7M60.8M40.2M59.8M
Net Receivables230.5M246.0M301M373M247.1M223.9M
Good Will77.3M84.5M78M73.4M76.1M73.1M
Common Stock Total Equity71.5M84.3M85.0M85.3M98.1M78.8M
Common Stock Shares Outstanding61.3M61.4M61.0M61.4M60.0M65.7M
Short Term Investments11.3M3.6M17.5M56.9M15.6M12.0M
Liabilities And Stockholders Equity1.3B1.4B1.6B1.9B1.8B1.5B
Non Current Liabilities Total786.2M884.0M862.6M876.5M914.6M726.1M
Inventory164.8M141.5M229.8M277.9M287.1M202.1M
Other Current Assets37.4M44.5M68.5M66.8M71.7M75.3M
Other Stockholder Equity57.0M60.0M65.1M67.6M15.5M30.6M
Total Liab1.1B1.2B1.3B1.4B1.4B1.3B
Property Plant And Equipment Gross561.6M696.2M792.5M916.1M1.6B1.7B
Total Current Assets507.7M500.5M665M778.5M646.1M628.4M
Accumulated Other Comprehensive Income(34.4M)(48.7M)(48.5M)(12.5M)(39.9M)(41.9M)
Intangible Assets50.6M46.8M36.3M27.8M163.6M171.8M
Common Stock84.3M85.0M85.3M85.3M98.1M83.7M
Property Plant Equipment423.2M519.8M792.5M916.1M1.1B562.0M
Net Tangible Assets58.1M49.8M205.4M358.2M411.9M432.5M
Current Deferred Revenue1.0M922K67.8M29.1M34.2M37.3M
Deferred Long Term Liab919K1.8M2.8M2.3M2.1M1.6M
Long Term Investments7.7M6.4M5.3M5M41.6M43.7M
Short Long Term Debt36.4M82.6M151.7M258.3M137M110.5M
Short Term Debt36.4M82.6M151.7M258.3M149.6M157.1M
Long Term Debt Total630.3M655.8M692.2M657M591.3M546.1M

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Additional Information and Resources on Investing in Orion Stock

When determining whether Orion Engineered Carbons offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Orion Engineered'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 Orion Engineered Carbons Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Orion Engineered Carbons Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orion Engineered Carbons. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Commodity Chemicals space 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 Orion Engineered. If investors know Orion 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 Orion Engineered 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
(0.36)
Dividend Share
0.084
Earnings Share
1.48
Revenue Per Share
32.366
Quarterly Revenue Growth
0.004
The market value of Orion Engineered Carbons is measured differently than its book value, which is the value of Orion that is recorded on the company's balance sheet. Investors also form their own opinion of Orion Engineered's value that differs from its market value or its book value, called intrinsic value, which is Orion Engineered'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 Orion Engineered's market value can be influenced by many factors that don't directly affect Orion Engineered'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 Orion Engineered's value and its price as these two are different measures arrived at by different means. Investors typically determine if Orion Engineered is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orion Engineered'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.