ONON Retained Earnings vs Short Term Investments Analysis
| ONON Stock | USD 42.54 0.06 0.14% |
On Holding financial indicator trend analysis is much more than just breaking down On Holding prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether On Holding is a good investment. Please check the relationship between On Holding Retained Earnings and its Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in On Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. To learn how to invest in ONON Stock, please use our How to Invest in On Holding guide.
Retained Earnings vs Short Term Investments
Retained Earnings vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of On Holding Retained Earnings account and Short Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between On Holding's Retained Earnings and Short Term Investments is -0.85. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of On Holding, assuming nothing else is changed. The correlation between historical values of On Holding's Retained Earnings and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of On Holding are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Retained Earnings i.e., On Holding's Retained Earnings and Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.85 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Short Term Investments
Short Term Investments is an item under the current assets section of On Holding balance sheet. It contains any investments On Holding undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that On Holding can easily liquidate in the marketplace.Most indicators from On Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into On Holding 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 On Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. To learn how to invest in ONON Stock, please use our How to Invest in On Holding guide.At this time, On Holding's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 3rd of June 2024, Enterprise Value Over EBITDA is likely to grow to 31.64, though Tax Provision is likely to grow to (10 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 31.4M | 52.1M | 60.8M | 35.3M | Interest Income | 25K | 5.7M | 11.5M | 12.1M |
On Holding fundamental ratios Correlations
Click cells to compare fundamentals
On Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Try AI Portfolio ArchitectCheck out Your Equity Center to better understand how to build diversified portfolios, which includes a position in On Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. To learn how to invest in ONON Stock, please use our How to Invest in On Holding guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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When running On Holding's price analysis, check to measure On Holding'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 On Holding is operating at the current time. Most of On Holding's value examination focuses on studying past and present price action to predict the probability of On Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move On Holding's price. Additionally, you may evaluate how the addition of On Holding to your portfolios can decrease your overall portfolio volatility.
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Is On Holding'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 On Holding. If investors know ONON 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 On Holding 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 1.031 | Earnings Share 0.43 | Revenue Per Share 5.878 | Quarterly Revenue Growth 0.209 | Return On Assets 0.0641 |
The market value of On Holding is measured differently than its book value, which is the value of ONON that is recorded on the company's balance sheet. Investors also form their own opinion of On Holding's value that differs from its market value or its book value, called intrinsic value, which is On Holding'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 On Holding's market value can be influenced by many factors that don't directly affect On Holding'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 On Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if On Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, On Holding'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.