Orion Operating Income vs Other Operating Expenses Analysis

OESX Stock  USD 1.01  0.02  2.02%   
Orion Energy financial indicator trend analysis is much more than just breaking down Orion Energy Systems prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orion Energy Systems is a good investment. Please check the relationship between Orion Energy Operating Income and its Other Operating Expenses accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orion Energy Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Operating Income vs Other Operating Expenses

Operating Income vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orion Energy Systems Operating Income account and Other Operating Expenses. At this time, the significance of the direction appears to have very week relationship.
The correlation between Orion Energy's Operating Income and Other Operating Expenses is 0.21. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Orion Energy Systems, assuming nothing else is changed. The correlation between historical values of Orion Energy's Operating Income and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Orion Energy Systems are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Operating Income i.e., Orion Energy's Operating Income and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Operating Income

Operating Income is the amount of profit realized from Orion Energy Systems operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Orion Energy Systems is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Orion Energy Systems. It is also known as Orion Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Orion Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orion Energy Systems 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 Energy Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
At this time, Orion Energy's Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to rise to about 96.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 13.4 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue124.4M77.4M89.0M79.3M
Interest Expense80K339K305.1K289.8K

Orion Energy fundamental ratios Correlations

0.250.93-0.60.720.90.530.650.750.280.080.610.420.920.230.460.730.710.270.2-0.420.770.680.450.53-0.65
0.250.010.130.410.050.16-0.350.420.290.820.350.660.39-0.030.430.150.26-0.230.470.60.320.130.140.28-0.34
0.930.01-0.560.540.970.650.720.58-0.02-0.240.40.060.730.010.120.630.810.52-0.13-0.550.640.490.580.44-0.48
-0.60.13-0.56-0.77-0.47-0.07-0.52-0.76-0.30.12-0.52-0.25-0.62-0.16-0.36-0.42-0.26-0.07-0.260.57-0.17-0.44-0.19-0.050.47
0.720.410.54-0.770.450.110.211.00.470.410.680.630.850.350.590.480.32-0.140.52-0.080.40.590.20.29-0.62
0.90.050.97-0.470.450.770.780.49-0.08-0.20.270.070.66-0.050.130.610.840.6-0.13-0.490.670.410.540.44-0.39
0.530.160.65-0.070.110.770.570.16-0.45-0.12-0.23-0.150.21-0.35-0.160.20.780.81-0.36-0.090.360.020.450.280.06
0.65-0.350.72-0.520.210.780.570.230.02-0.390.08-0.020.410.050.150.590.450.52-0.08-0.670.420.410.220.28-0.2
0.750.420.58-0.761.00.490.160.230.440.40.660.610.860.330.580.490.36-0.10.5-0.080.420.590.230.3-0.62
0.280.29-0.02-0.30.47-0.08-0.450.020.440.530.790.810.570.680.790.5-0.34-0.760.71-0.10.260.65-0.290.39-0.7
0.080.82-0.240.120.41-0.2-0.12-0.390.40.530.310.810.320.350.620.19-0.21-0.460.650.710.210.35-0.260.38-0.18
0.610.350.4-0.520.680.27-0.230.080.660.790.310.670.810.460.630.540.14-0.480.48-0.330.440.650.140.41-0.9
0.420.660.06-0.250.630.07-0.15-0.020.610.810.810.670.680.590.950.41-0.09-0.550.880.230.510.64-0.220.36-0.6
0.920.390.73-0.620.850.660.210.410.860.570.320.810.680.450.680.710.46-0.090.47-0.270.730.810.280.53-0.79
0.23-0.030.01-0.160.35-0.05-0.350.050.330.680.350.460.590.450.680.22-0.44-0.550.490.00.360.73-0.480.33-0.39
0.460.430.12-0.360.590.13-0.160.150.580.790.620.630.950.680.680.39-0.11-0.50.90.040.560.68-0.260.24-0.59
0.730.150.63-0.420.480.610.20.590.490.50.190.540.410.710.220.390.320.030.24-0.330.550.720.260.72-0.49
0.710.260.81-0.260.320.840.780.450.36-0.34-0.210.14-0.090.46-0.44-0.110.320.64-0.23-0.290.510.040.710.18-0.29
0.27-0.230.52-0.07-0.140.60.810.52-0.1-0.76-0.46-0.48-0.55-0.09-0.55-0.50.030.64-0.64-0.220.12-0.180.480.060.44
0.20.47-0.13-0.260.52-0.13-0.36-0.080.50.710.650.480.880.470.490.90.24-0.23-0.640.220.330.42-0.29-0.05-0.47
-0.420.6-0.550.57-0.08-0.49-0.09-0.67-0.08-0.10.71-0.330.23-0.270.00.04-0.33-0.29-0.220.22-0.17-0.19-0.26-0.020.39
0.770.320.64-0.170.40.670.360.420.420.260.210.440.510.730.360.560.550.510.120.33-0.170.620.070.51-0.51
0.680.130.49-0.440.590.410.020.410.590.650.350.650.640.810.730.680.720.04-0.180.42-0.190.62-0.030.67-0.52
0.450.140.58-0.190.20.540.450.220.23-0.29-0.260.14-0.220.28-0.48-0.260.260.710.48-0.29-0.260.07-0.030.02-0.15
0.530.280.44-0.050.290.440.280.280.30.390.380.410.360.530.330.240.720.180.06-0.05-0.020.510.670.02-0.29
-0.65-0.34-0.480.47-0.62-0.390.06-0.2-0.62-0.7-0.18-0.9-0.6-0.79-0.39-0.59-0.49-0.290.44-0.470.39-0.51-0.52-0.15-0.29
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Orion Energy Account Relationship Matchups

Orion Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets72.6M92.8M86.8M71.6M82.3M82.5M
Short Long Term Debt Total10.1M49K35K10.0M9.0M4.8M
Total Stockholder Equity31.0M58.1M65.1M33.2M38.2M56.3M
Net Debt(18.7M)(19.3M)(14.4M)(6.0M)(5.4M)(5.6M)
Cash28.8M19.4M14.5M16.0M18.4M19.6M
Non Current Assets Total17.6M36.3M35.6M21.2M24.4M28.9M
Non Currrent Assets Other3.6M3.2M3.5M3.3M2.9M3.7M
Other Assets817K20.4M21.3M586K673.9K640.2K
Cash And Short Term Investments28.8M19.4M14.5M16.0M18.4M20.3M
Common Stock Shares Outstanding31.0M31.3M31.3M31.7M36.5M24.8M
Liabilities And Stockholders Equity72.6M92.8M86.8M71.6M82.3M82.5M
Non Current Liabilities Total14.3M4.4M3.3M13.9M16.0M8.2M
Other Stockholder Equity120.3M121.2M122.2M124.7M143.4M101.8M
Total Liab41.5M34.7M21.7M38.3M44.1M26.2M
Total Current Assets55.0M56.5M51.2M50.4M57.9M53.7M
Other Current Liab7.2M13.2M8.4M10.6M12.1M12.7M
Total Current Liabilities27.2M30.4M18.4M24.5M28.1M20.0M
Other Liab1.4M1.7M3.3M2.0M2.4M1.6M
Property Plant And Equipment Net11.8M11.4M11.5M10.5M9.4M14.0M
Retained Earnings(89.3M)(63.2M)(57.1M)(91.4M)(82.3M)(78.2M)
Accounts Payable19.8M17.0M9.9M13.4M15.4M12.4M
Long Term Debt10.0M35K19K10.0M9.0M9.5M
Net Receivables11.0M16.5M14.3M15.0M17.3M16.1M
Inventory14.5M19.6M19.8M18.2M20.9M17.8M
Other Current Assets723K1.1M1.0M1.1M1.0M2.0M
Property Plant And Equipment Gross14.6M11.4M37.4M37.4M43.0M22.6M
Short Term Debt35K14K16K17K15.3K14.5K
Intangible Assets2.2M2.0M2.4M6.0M6.9M7.2M
Property Plant Equipment11.8M11.4M11.5M10.5M9.4M15.5M
Common Stock(36.2M)(36.2M)(36.2M)(36.2M)(32.6M)(34.2M)
Current Deferred Revenue107K87K76K480K432K566.3K
Net Tangible Assets28.8M56.1M62.3M25.8M23.2M37.8M
Retained Earnings Total Equity(101.8M)(89.3M)(63.2M)(91.4M)(82.3M)(86.4M)
Long Term Debt Total4.0M9.3M10.0M10M11.5M6.7M
Capital Surpluse155.8M156.5M157.5M160.9M185.0M162.8M

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When determining whether Orion Energy Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Orion Energy'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 Energy Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Orion Energy Systems Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orion Energy Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
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Is Orion Energy'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 Orion Energy. 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 Energy 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
(0.75)
Earnings Share
(0.56)
Revenue Per Share
2.647
Quarterly Revenue Growth
0.28
Return On Assets
(0.13)
The market value of Orion Energy Systems 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 Energy's value that differs from its market value or its book value, called intrinsic value, which is Orion Energy'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 Energy's market value can be influenced by many factors that don't directly affect Orion Energy'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 Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Orion Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orion Energy'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.