Otter Capital Stock vs Intangible Assets Analysis

OTTR Stock  USD 89.29  1.61  1.77%   
Otter Tail financial indicator trend analysis is much more than just breaking down Otter Tail prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Otter Tail is a good investment. Please check the relationship between Otter Tail Capital Stock and its Intangible Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Otter Tail. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Otter Stock, please use our How to Invest in Otter Tail guide.

Capital Stock vs Intangible Assets

Capital Stock vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Otter Tail Capital Stock account and Intangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Otter Tail's Capital Stock and Intangible Assets is -0.44. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Otter Tail, assuming nothing else is changed. The correlation between historical values of Otter Tail's Capital Stock and Intangible 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 Capital Stock of Otter Tail are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Capital Stock i.e., Otter Tail's Capital Stock and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.44
Relationship DirectionNegative 
Relationship StrengthVery Weak

Capital Stock

The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Otter Tail's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Otter Tail 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 Otter Tail. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Otter Stock, please use our How to Invest in Otter Tail guide.At this time, Otter Tail's Selling General Administrative is relatively stable compared to the past year. As of 05/28/2024, Discontinued Operations is likely to grow to about 386.4 K, while Tax Provision is likely to drop slightly above 36.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit424.1M570.5M565.2M437.9M
Total Revenue1.2B1.5B1.3B766.4M

Otter Tail fundamental ratios Correlations

0.90.9-0.120.70.490.650.520.880.250.760.080.91-0.20.060.550.970.950.850.380.720.940.430.350.360.96
0.90.98-0.20.730.710.810.620.890.560.640.320.99-0.510.290.580.860.970.950.370.650.980.650.550.370.81
0.90.98-0.20.790.670.810.580.950.50.670.241.0-0.520.210.520.840.960.910.310.60.990.620.440.480.8
-0.12-0.2-0.20.18-0.21-0.21-0.76-0.16-0.220.09-0.11-0.230.65-0.030.090.02-0.22-0.230.090.04-0.14-0.08-0.010.26-0.02
0.70.730.790.180.470.640.210.840.30.70.110.76-0.30.080.440.670.670.620.270.490.790.480.270.840.67
0.490.710.67-0.210.470.960.60.530.960.360.770.68-0.50.730.490.550.610.730.380.480.630.980.870.210.49
0.650.810.81-0.210.640.960.60.740.850.520.610.81-0.510.570.470.670.730.790.340.510.780.940.740.380.63
0.520.620.58-0.760.210.60.60.480.540.260.380.6-0.630.370.340.440.60.670.40.380.550.450.49-0.070.46
0.880.890.95-0.160.840.530.740.480.320.760.040.93-0.430.010.460.80.90.820.280.550.950.490.270.580.81
0.250.560.5-0.220.30.960.850.540.320.130.840.52-0.540.80.40.330.420.60.30.30.440.950.860.090.23
0.760.640.670.090.70.360.520.260.760.13-0.10.64-0.17-0.070.680.760.710.610.530.680.750.320.350.310.82
0.080.320.24-0.110.110.770.610.380.040.84-0.10.26-0.230.950.220.210.180.350.180.210.190.790.760.040.12
0.910.991.0-0.230.760.680.810.60.930.520.640.26-0.520.230.50.850.970.930.290.60.980.630.450.440.8
-0.2-0.51-0.520.65-0.3-0.5-0.51-0.63-0.43-0.54-0.17-0.23-0.52-0.17-0.17-0.08-0.42-0.48-0.05-0.06-0.43-0.4-0.28-0.09-0.04
0.060.290.21-0.030.080.730.570.370.010.8-0.070.950.23-0.170.170.220.170.330.190.160.180.760.77-0.030.12
0.550.580.520.090.440.490.470.340.460.40.680.220.5-0.170.170.60.580.640.880.790.580.410.690.010.58
0.970.860.840.020.670.550.670.440.80.330.760.210.85-0.080.220.60.90.810.430.770.90.510.480.320.98
0.950.970.96-0.220.670.610.730.60.90.420.710.180.97-0.420.170.580.90.930.380.690.980.540.460.280.87
0.850.950.91-0.230.620.730.790.670.820.60.610.350.93-0.480.330.640.810.930.450.610.920.650.610.210.77
0.380.370.310.090.270.380.340.40.280.30.530.180.29-0.050.190.880.430.380.450.710.380.280.65-0.080.46
0.720.650.60.040.490.480.510.380.550.30.680.210.6-0.060.160.790.770.690.610.710.690.40.60.10.78
0.940.980.99-0.140.790.630.780.550.950.440.750.190.98-0.430.180.580.90.980.920.380.690.580.460.430.87
0.430.650.62-0.080.480.980.940.450.490.950.320.790.63-0.40.760.410.510.540.650.280.40.580.830.280.44
0.350.550.44-0.010.270.870.740.490.270.860.350.760.45-0.280.770.690.480.460.610.650.60.460.83-0.090.41
0.360.370.480.260.840.210.38-0.070.580.090.310.040.44-0.09-0.030.010.320.280.21-0.080.10.430.28-0.090.32
0.960.810.8-0.020.670.490.630.460.810.230.820.120.8-0.040.120.580.980.870.770.460.780.870.440.410.32
Click cells to compare fundamentals

Otter Tail Account Relationship Matchups

Otter Tail fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding40.0M40.9M41.8M41.9M42.0M33.3M
Total Assets2.3B2.6B2.8B2.9B3.2B1.7B
Short Long Term Debt Total718.1M845.5M855.2M832.0M905.5M491.9M
Other Current Liab7.5M39.2M80.5M(96.3M)69.2M44.3M
Total Current Liabilities189.7M436.8M387.7M237.6M309.8M214.9M
Total Stockholder Equity781.5M871.0M990.8M1.2B1.4B1.5B
Property Plant And Equipment Net1.8B2.0B2.1B2.2B2.4B2.5B
Current Deferred Revenue51.2M45.7M50.9M221.3M64.7M68.0M
Net Debt696.9M844.4M853.6M713.0M675.1M470.2M
Retained Earnings222.3M257.9M369.8M585.2M806.3M846.7M
Accounts Payable120.8M130.8M135.1M104.4M94.4M93.9M
Cash21.2M1.2M1.5M119.0M230.4M241.9M
Non Current Assets Total2.0B2.3B2.4B2.4B2.7B1.4B
Non Currrent Assets Other40.2M26.3M32.1M(85.5M)51.4M91.1M
Cash And Short Term Investments21.2M1.2M1.5M119.0M230.4M241.9M
Net Receivables109.1M114.0M175.0M144.4M157.1M127.1M
Common Stock Total Equity200.8M207.3M207.8M208.2M239.4M165.5M
Liabilities And Stockholders Equity2.3B2.6B2.8B2.9B3.2B1.7B
Non Current Liabilities Total1.3B1.3B1.4B1.4B1.5B794.0M
Inventory97.9M92.2M148.5M146.0M149.7M83.8M
Other Current Assets26.7M27.5M44.4M43.4M33.0M39.2M
Other Stockholder Equity364.8M414.2M419.8M423.0M427.0M353.5M
Total Liab1.5B1.7B1.8B1.7B1.8B1.1B
Property Plant And Equipment Gross1.8B2.0B2.1B2.2B3.5B3.7B
Total Current Assets254.9M234.8M369.4M452.8M570.2M598.7M
Accumulated Other Comprehensive Income(6.4M)(8.5M)(6.5M)915K1.1M1.2M
Short Term Debt10.3M221.1M121.1M8.2M81.4M57.8M
Common Stock200.8M207.3M207.8M208.2M208.6M167.7M
Other Liab594.6M646.2M642.3M609.0M700.4M735.4M
Other Assets184.3M246.5M157.6M156.2M179.6M130.0M
Long Term Debt689.6M624.4M734.0M823.8M824.1M494.1M
Intangible Assets11.3M10.1M9.0M7.9M6.8M6.5M
Property Plant Equipment1.8B2.0B2.1B2.2B2.5B1.3B
Net Tangible Assets753.7M1.5B1.7B2.0B2.3B2.5B
Retained Earnings Total Equity222.3M257.9M369.8M585.2M673.0M706.6M
Long Term Debt Total689.6M624.4M734.0M823.8M947.4M602.5M
Capital Surpluse364.8M414.2M419.8M423.0M486.5M358.2M
Deferred Long Term Liab150.6M170.8M204.9M237.2M213.5M208.9M
Non Current Liabilities Other441.1M475.4M437.4M61.0M76.0M72.2M

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When determining whether Otter Tail is a strong investment it is important to analyze Otter Tail's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Otter Tail's future performance. For an informed investment choice regarding Otter Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Otter Tail. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Otter Stock, please use our How to Invest in Otter Tail guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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Is Otter Tail'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 Otter Tail. If investors know Otter 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 Otter Tail 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
0.188
Dividend Share
1.78
Earnings Share
7.28
Revenue Per Share
32.553
Quarterly Revenue Growth
0.024
The market value of Otter Tail is measured differently than its book value, which is the value of Otter that is recorded on the company's balance sheet. Investors also form their own opinion of Otter Tail's value that differs from its market value or its book value, called intrinsic value, which is Otter Tail'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 Otter Tail's market value can be influenced by many factors that don't directly affect Otter Tail'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 Otter Tail's value and its price as these two are different measures arrived at by different means. Investors typically determine if Otter Tail is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Otter Tail'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.