Old Total Current Liabilities vs Total Current Assets Analysis
ORI Stock | USD 31.79 0.42 1.30% |
Old Republic financial indicator trend analysis is much more than just breaking down Old Republic Interna prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Old Republic Interna is a good investment. Please check the relationship between Old Republic Total Current Liabilities and its Total Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old Republic International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Total Current Liabilities vs Total Current Assets
Total Current Liabilities vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Old Republic Interna Total Current Liabilities account and Total Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Old Republic's Total Current Liabilities and Total Current Assets is -0.51. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Old Republic International, assuming nothing else is changed. The correlation between historical values of Old Republic's Total Current Liabilities and Total Current Assets 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 Current Liabilities of Old Republic International are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Current Liabilities i.e., Old Republic's Total Current Liabilities and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.51 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Current Liabilities
Total Current Liabilities is an item on Old Republic balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Old Republic International are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from Old Republic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Old Republic Interna 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 Old Republic International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. As of now, Old Republic's Enterprise Value Over EBITDA is decreasing as compared to previous years. The Old Republic's current Enterprise Value Multiple is estimated to increase to 17.02, while Selling General Administrative is projected to decrease to under 3.1 B.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 9.3B | 8.1B | 7.3B | 4.0B | Interest Expense | 56.2M | 66.7M | 70.5M | 74.0M |
Old Republic fundamental ratios Correlations
Click cells to compare fundamentals
Old Republic Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Old Republic fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 21.1B | 22.8B | 25.0B | 25.2B | 20.9B | 12.7B | |
Short Long Term Debt Total | 973.9M | 966.4M | 1.6B | 1.6B | 1.6B | 1.7B | |
Total Stockholder Equity | 6.0B | 6.2B | 6.9B | 6.2B | 6.4B | 3.5B | |
Net Debt | (9.4B) | (10.4B) | (9.8B) | (11.1B) | 1.4B | 1.5B | |
Retained Earnings | 4.4B | 4.4B | 5.2B | 5.3B | 5.6B | 5.9B | |
Common Stock Shares Outstanding | 301.2M | 298.9M | 303.7M | 303.3M | 285.5M | 277.3M | |
Liabilities And Stockholders Equity | 21.1B | 22.8B | 25.0B | 25.2B | 20.9B | 12.7B | |
Non Current Liabilities Total | 1.1B | 1.1B | 1.8B | 19.0B | 5.2B | 5.7B | |
Total Liab | 1.1B | 1.1B | 1.8B | 19.0B | 14.5B | 7.3B | |
Non Current Assets Total | 4.0B | 4.1B | 5.3B | 15.8B | 15.7B | 16.5B | |
Non Currrent Assets Other | (507.2M) | (4.1B) | (5.3B) | 12.6B | 2.1B | 2.2B | |
Other Assets | 1.4B | 1.4B | 1.6B | (10.9B) | (12.5B) | (11.9B) | |
Net Receivables | 5.3B | 6.0B | 6.7B | 7.5B | 7.4B | 7.7B | |
Total Current Assets | 15.7B | 17.3B | 18.1B | 20.2B | 5.2B | 4.0B | |
Cash | 10.4B | 11.4B | 11.4B | 12.7B | 202.8M | 192.7M | |
Cash And Short Term Investments | 10.4B | 11.4B | 11.4B | 12.7B | 2.8B | 4.5B | |
Short Term Investments | 4.0B | 11.2B | 11.2B | 12.6B | 2.6B | 2.4B | |
Accumulated Other Comprehensive Income | 77.7M | 284M | 78M | (522.7M) | (190.6M) | (181.1M) | |
Common Stock | 303.6M | 304.1M | 307.5M | 296.9M | 278.3M | 230.0M | |
Other Current Liab | 10.4B | (397.9M) | (398.4M) | (399M) | 7.9B | 6.6B | |
Total Current Liabilities | 11.0B | 397.9M | 398.4M | 399M | 9.3B | 6.6B | |
Common Stock Total Equity | 303.6M | 304.1M | 307.5M | 296.9M | 341.4M | 233.2M | |
Other Liab | 7.8B | 4.3B | 4.2B | 9.9B | 11.4B | 11.9B | |
Long Term Debt | 973.9M | 966.4M | 1.6B | 1.6B | 1.2B | 710.4M | |
Other Current Assets | 2.1B | 3.5B | 3.8B | 4.4B | 5.2B | 5.4B | |
Accounts Payable | 616M | 725.4M | 866M | 1.1B | 1.4B | 1.4B | |
Short Term Debt | 974M | 397.9M | 398.4M | 399M | 399.5M | 675.0M | |
Net Tangible Assets | 6.0B | 6.2B | 6.9B | 6.2B | 7.1B | 5.3B | |
Retained Earnings Total Equity | 4.4B | 4.4B | 5.2B | 5.3B | 6.1B | 3.4B | |
Capital Surpluse | 1.3B | 1.3B | 1.4B | 1.1B | 1.3B | 1.1B | |
Deferred Long Term Liab | 112.2M | 137.3M | 249.5M | 40.9M | 47.0M | 58.7M | |
Long Term Investments | 14.4B | 15.4B | 5.3B | 3.2B | 15.8B | 9.1B | |
Non Current Liabilities Other | 13.4B | 14.9B | 15.7B | 16.8B | 19.4B | 14.1B |
Currently Active Assets on Macroaxis
VWITX | Vanguard Intermediate Term Tax Exempt | |
VGSTX | Vanguard Star Fund | |
VFIAX | Vanguard 500 Index | |
VTCLX | Vanguard Tax Managed Capital | |
VTSAX | Vanguard Total Stock |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old Republic International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Old Stock analysis
When running Old Republic's price analysis, check to measure Old Republic'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 Old Republic is operating at the current time. Most of Old Republic's value examination focuses on studying past and present price action to predict the probability of Old Republic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Old Republic's price. Additionally, you may evaluate how the addition of Old Republic to your portfolios can decrease your overall portfolio volatility.
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Transaction History View history of all your transactions and understand their impact on performance | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |
Is Old Republic'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 Old Republic. If investors know Old 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 Old Republic 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 0.691 | Dividend Share 1 | Earnings Share 2.57 | Revenue Per Share 27.065 | Quarterly Revenue Growth 0.146 |
The market value of Old Republic Interna is measured differently than its book value, which is the value of Old that is recorded on the company's balance sheet. Investors also form their own opinion of Old Republic's value that differs from its market value or its book value, called intrinsic value, which is Old Republic'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 Old Republic's market value can be influenced by many factors that don't directly affect Old Republic'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 Old Republic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old Republic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old Republic'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.