Otter Current Deferred Revenue vs Total 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 Current Deferred Revenue and its Total 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.

Current Deferred Revenue vs Total Assets

Current Deferred Revenue vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Otter Tail Current Deferred Revenue account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Otter Tail's Current Deferred Revenue and Total Assets is 0.62. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total 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 Current Deferred Revenue and Total 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 Current Deferred Revenue of Otter Tail are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Current Deferred Revenue i.e., Otter Tail's Current Deferred Revenue and Total Assets go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Total Assets

Total assets refers to the total amount of Otter Tail assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Otter Tail books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Complementary Tools for Otter Stock analysis

When running Otter Tail's price analysis, check to measure Otter Tail'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 Otter Tail is operating at the current time. Most of Otter Tail's value examination focuses on studying past and present price action to predict the probability of Otter Tail's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Otter Tail's price. Additionally, you may evaluate how the addition of Otter Tail to your portfolios can decrease your overall portfolio volatility.
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
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.