Old Total Operating Expenses vs Operating Income 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 Operating Expenses and its Operating Income 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 Operating Expenses vs Operating Income

Total Operating Expenses vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Old Republic Interna Total Operating Expenses account and Operating Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Old Republic's Total Operating Expenses and Operating Income is -0.13. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Operating Income 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 Operating Expenses and Operating Income 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 Operating Expenses of Old Republic International are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Operating Expenses i.e., Old Republic's Total Operating Expenses and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Operating Income

Operating Income is the amount of profit realized from Old Republic Interna 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 Old Republic International 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.
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 Revenue9.3B8.1B7.3B4.0B
Interest Expense56.2M66.7M70.5M74.0M

Old Republic fundamental ratios Correlations

0.630.96-0.580.690.870.240.110.240.020.290.14-0.170.690.660.640.710.720.93-0.18-0.140.920.240.810.210.45
0.630.67-0.010.840.640.2-0.450.30.510.620.18-0.410.770.340.10.260.470.56-0.15-0.130.610.380.830.470.59
0.960.67-0.430.790.810.05-0.070.090.220.390.15-0.350.740.730.490.580.710.88-0.23-0.190.910.330.770.340.61
-0.58-0.01-0.43-0.03-0.61-0.49-0.7-0.110.60.41-0.17-0.4-0.26-0.41-1.0-0.96-0.47-0.54-0.2-0.19-0.390.17-0.470.520.13
0.690.840.79-0.030.65-0.01-0.540.060.650.720.34-0.670.910.630.110.290.590.65-0.28-0.250.720.620.620.550.9
0.870.640.81-0.610.650.420.050.330.040.210.17-0.020.720.440.660.760.480.910.170.20.870.070.75-0.030.36
0.240.20.05-0.49-0.010.420.20.84-0.350.030.510.270.26-0.150.510.53-0.030.270.530.520.21-0.080.38-0.55-0.23
0.11-0.45-0.07-0.7-0.540.050.2-0.06-0.94-0.63-0.170.59-0.470.120.650.50.180.070.020.0-0.12-0.610.05-0.44-0.56
0.240.30.09-0.110.060.330.84-0.06-0.140.310.360.110.18-0.290.130.16-0.160.30.370.380.330.00.33-0.2-0.18
0.020.510.220.60.650.04-0.35-0.94-0.140.590.06-0.620.560.06-0.55-0.380.040.03-0.19-0.170.20.60.040.520.67
0.290.620.390.410.720.210.03-0.630.310.590.51-0.870.520.38-0.35-0.210.270.29-0.34-0.320.390.520.260.710.78
0.140.180.15-0.170.340.170.51-0.170.360.060.51-0.570.450.420.180.240.230.080.120.120.110.370.19-0.070.47
-0.17-0.41-0.35-0.4-0.67-0.020.270.590.11-0.62-0.87-0.57-0.47-0.60.360.25-0.39-0.090.480.46-0.2-0.57-0.11-0.71-0.89
0.690.770.74-0.260.910.720.26-0.470.180.560.520.45-0.470.530.330.510.550.65-0.04-0.020.70.630.640.20.76
0.660.340.73-0.410.630.44-0.150.12-0.290.060.380.42-0.60.530.440.490.870.51-0.52-0.510.470.320.470.410.73
0.640.10.49-1.00.110.660.510.650.13-0.55-0.350.180.360.330.440.980.520.590.180.180.45-0.140.54-0.48-0.07
0.710.260.58-0.960.290.760.530.50.16-0.38-0.210.240.250.510.490.980.560.680.170.170.550.00.6-0.390.09
0.720.470.71-0.470.590.48-0.030.18-0.160.040.270.23-0.390.550.870.520.560.5-0.66-0.650.440.220.630.410.56
0.930.560.88-0.540.650.910.270.070.30.030.290.08-0.090.650.510.590.680.50.010.050.970.210.660.120.4
-0.18-0.15-0.23-0.2-0.280.170.530.020.37-0.19-0.340.120.48-0.04-0.520.180.17-0.660.011.00.02-0.2-0.06-0.78-0.41
-0.14-0.13-0.19-0.19-0.250.20.520.00.38-0.17-0.320.120.46-0.02-0.510.180.17-0.650.051.00.06-0.18-0.04-0.75-0.39
0.920.610.91-0.390.720.870.21-0.120.330.20.390.11-0.20.70.470.450.550.440.970.020.060.310.660.20.47
0.240.380.330.170.620.07-0.08-0.610.00.60.520.37-0.570.630.32-0.140.00.220.21-0.2-0.180.310.090.360.67
0.810.830.77-0.470.620.750.380.050.330.040.260.19-0.110.640.470.540.60.630.66-0.06-0.040.660.090.160.32
0.210.470.340.520.55-0.03-0.55-0.44-0.20.520.71-0.07-0.710.20.41-0.48-0.390.410.12-0.78-0.750.20.360.160.64
0.450.590.610.130.90.36-0.23-0.56-0.180.670.780.47-0.890.760.73-0.070.090.560.4-0.41-0.390.470.670.320.64
Click cells to compare fundamentals

Old Republic Account Relationship Matchups

Old Republic fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets21.1B22.8B25.0B25.2B20.9B12.7B
Short Long Term Debt Total973.9M966.4M1.6B1.6B1.6B1.7B
Total Stockholder Equity6.0B6.2B6.9B6.2B6.4B3.5B
Net Debt(9.4B)(10.4B)(9.8B)(11.1B)1.4B1.5B
Retained Earnings4.4B4.4B5.2B5.3B5.6B5.9B
Common Stock Shares Outstanding301.2M298.9M303.7M303.3M285.5M277.3M
Liabilities And Stockholders Equity21.1B22.8B25.0B25.2B20.9B12.7B
Non Current Liabilities Total1.1B1.1B1.8B19.0B5.2B5.7B
Total Liab1.1B1.1B1.8B19.0B14.5B7.3B
Non Current Assets Total4.0B4.1B5.3B15.8B15.7B16.5B
Non Currrent Assets Other(507.2M)(4.1B)(5.3B)12.6B2.1B2.2B
Other Assets1.4B1.4B1.6B(10.9B)(12.5B)(11.9B)
Net Receivables5.3B6.0B6.7B7.5B7.4B7.7B
Total Current Assets15.7B17.3B18.1B20.2B5.2B4.0B
Cash10.4B11.4B11.4B12.7B202.8M192.7M
Cash And Short Term Investments10.4B11.4B11.4B12.7B2.8B4.5B
Short Term Investments4.0B11.2B11.2B12.6B2.6B2.4B
Accumulated Other Comprehensive Income77.7M284M78M(522.7M)(190.6M)(181.1M)
Common Stock303.6M304.1M307.5M296.9M278.3M230.0M
Other Current Liab10.4B(397.9M)(398.4M)(399M)7.9B6.6B
Total Current Liabilities11.0B397.9M398.4M399M9.3B6.6B
Common Stock Total Equity303.6M304.1M307.5M296.9M341.4M233.2M
Other Liab7.8B4.3B4.2B9.9B11.4B11.9B
Long Term Debt973.9M966.4M1.6B1.6B1.2B710.4M
Other Current Assets2.1B3.5B3.8B4.4B5.2B5.4B
Accounts Payable616M725.4M866M1.1B1.4B1.4B
Short Term Debt974M397.9M398.4M399M399.5M675.0M
Net Tangible Assets6.0B6.2B6.9B6.2B7.1B5.3B
Retained Earnings Total Equity4.4B4.4B5.2B5.3B6.1B3.4B
Capital Surpluse1.3B1.3B1.4B1.1B1.3B1.1B
Deferred Long Term Liab112.2M137.3M249.5M40.9M47.0M58.7M
Long Term Investments14.4B15.4B5.3B3.2B15.8B9.1B
Non Current Liabilities Other13.4B14.9B15.7B16.8B19.4B14.1B

Currently Active Assets on Macroaxis

When determining whether Old Republic Interna offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Old Republic'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 Old Republic International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Old Republic International 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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.
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
CEOs Directory
Screen CEOs from public companies around the world
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
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
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
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.