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 Direction | Positive |
Relationship Strength | Very 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 Revenue | 124.4M | 77.4M | 89.0M | 79.3M | Interest Expense | 80K | 339K | 305.1K | 289.8K |
Orion Energy fundamental ratios Correlations
Click cells to compare fundamentals
Orion Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Orion Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 72.6M | 92.8M | 86.8M | 71.6M | 82.3M | 82.5M | |
Short Long Term Debt Total | 10.1M | 49K | 35K | 10.0M | 9.0M | 4.8M | |
Total Stockholder Equity | 31.0M | 58.1M | 65.1M | 33.2M | 38.2M | 56.3M | |
Net Debt | (18.7M) | (19.3M) | (14.4M) | (6.0M) | (5.4M) | (5.6M) | |
Cash | 28.8M | 19.4M | 14.5M | 16.0M | 18.4M | 19.6M | |
Non Current Assets Total | 17.6M | 36.3M | 35.6M | 21.2M | 24.4M | 28.9M | |
Non Currrent Assets Other | 3.6M | 3.2M | 3.5M | 3.3M | 2.9M | 3.7M | |
Other Assets | 817K | 20.4M | 21.3M | 586K | 673.9K | 640.2K | |
Cash And Short Term Investments | 28.8M | 19.4M | 14.5M | 16.0M | 18.4M | 20.3M | |
Common Stock Shares Outstanding | 31.0M | 31.3M | 31.3M | 31.7M | 36.5M | 24.8M | |
Liabilities And Stockholders Equity | 72.6M | 92.8M | 86.8M | 71.6M | 82.3M | 82.5M | |
Non Current Liabilities Total | 14.3M | 4.4M | 3.3M | 13.9M | 16.0M | 8.2M | |
Other Stockholder Equity | 120.3M | 121.2M | 122.2M | 124.7M | 143.4M | 101.8M | |
Total Liab | 41.5M | 34.7M | 21.7M | 38.3M | 44.1M | 26.2M | |
Total Current Assets | 55.0M | 56.5M | 51.2M | 50.4M | 57.9M | 53.7M | |
Other Current Liab | 7.2M | 13.2M | 8.4M | 10.6M | 12.1M | 12.7M | |
Total Current Liabilities | 27.2M | 30.4M | 18.4M | 24.5M | 28.1M | 20.0M | |
Other Liab | 1.4M | 1.7M | 3.3M | 2.0M | 2.4M | 1.6M | |
Property Plant And Equipment Net | 11.8M | 11.4M | 11.5M | 10.5M | 9.4M | 14.0M | |
Retained Earnings | (89.3M) | (63.2M) | (57.1M) | (91.4M) | (82.3M) | (78.2M) | |
Accounts Payable | 19.8M | 17.0M | 9.9M | 13.4M | 15.4M | 12.4M | |
Long Term Debt | 10.0M | 35K | 19K | 10.0M | 9.0M | 9.5M | |
Net Receivables | 11.0M | 16.5M | 14.3M | 15.0M | 17.3M | 16.1M | |
Inventory | 14.5M | 19.6M | 19.8M | 18.2M | 20.9M | 17.8M | |
Other Current Assets | 723K | 1.1M | 1.0M | 1.1M | 1.0M | 2.0M | |
Property Plant And Equipment Gross | 14.6M | 11.4M | 37.4M | 37.4M | 43.0M | 22.6M | |
Short Term Debt | 35K | 14K | 16K | 17K | 15.3K | 14.5K | |
Intangible Assets | 2.2M | 2.0M | 2.4M | 6.0M | 6.9M | 7.2M | |
Property Plant Equipment | 11.8M | 11.4M | 11.5M | 10.5M | 9.4M | 15.5M | |
Common Stock | (36.2M) | (36.2M) | (36.2M) | (36.2M) | (32.6M) | (34.2M) | |
Current Deferred Revenue | 107K | 87K | 76K | 480K | 432K | 566.3K | |
Net Tangible Assets | 28.8M | 56.1M | 62.3M | 25.8M | 23.2M | 37.8M | |
Retained Earnings Total Equity | (101.8M) | (89.3M) | (63.2M) | (91.4M) | (82.3M) | (86.4M) | |
Long Term Debt Total | 4.0M | 9.3M | 10.0M | 10M | 11.5M | 6.7M | |
Capital Surpluse | 155.8M | 156.5M | 157.5M | 160.9M | 185.0M | 162.8M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.C | Citigroup | |
CRM | Salesforce | |
MSFT | Microsoft |
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. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Orion Stock analysis
When running Orion Energy's price analysis, check to measure Orion Energy'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 Orion Energy is operating at the current time. Most of Orion Energy's value examination focuses on studying past and present price action to predict the probability of Orion Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orion Energy's price. Additionally, you may evaluate how the addition of Orion Energy to your portfolios can decrease your overall portfolio volatility.
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories |
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.