Otter Total Liab vs Accumulated Depreciation 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 Total Liab and its Accumulated Depreciation 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.

Total Liab vs Accumulated Depreciation

Total Liab vs Accumulated Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Otter Tail Total Liab account and Accumulated Depreciation. At this time, the significance of the direction appears to have pay attention.

The correlation between Otter Tail's Total Liab and Accumulated Depreciation is -0.72. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Accumulated Depreciation 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 Total Liab and Accumulated Depreciation 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 Liab of Otter Tail are associated (or correlated) with its Accumulated Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accumulated Depreciation has no effect on the direction of Total Liab i.e., Otter Tail's Total Liab and Accumulated Depreciation go up and down completely randomly.

Correlation Coefficient

-0.72

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for Otter Tail fixed asset that has been charged to Otter Tail expense since that asset was acquired and made available for Otter Tail use. The accumulated depreciation account is Otter Tail asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Otter Tail.

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 Profit	424.1M	570.5M	565.2M	437.9M
Total Revenue	1.2B	1.5B	1.3B	766.4M

Gross Profit Total Revenue

Otter Tail fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Common Stock Shares Outstanding		0.9	0.9	-0.12	0.7	0.49	0.65	0.52	0.88	0.25	0.76	0.08	0.91	-0.2	0.06	0.55	0.97	0.95	0.85	0.38	0.72	0.94	0.43	0.35	0.36	0.96
Total Assets	0.9		0.98	-0.2	0.73	0.71	0.81	0.62	0.89	0.56	0.64	0.32	0.99	-0.51	0.29	0.58	0.86	0.97	0.95	0.37	0.65	0.98	0.65	0.55	0.37	0.81
Short Long Term Debt Total	0.9	0.98		-0.2	0.79	0.67	0.81	0.58	0.95	0.5	0.67	0.24	1.0	-0.52	0.21	0.52	0.84	0.96	0.91	0.31	0.6	0.99	0.62	0.44	0.48	0.8
Other Current Liab	-0.12	-0.2	-0.2		0.18	-0.21	-0.21	-0.76	-0.16	-0.22	0.09	-0.11	-0.23	0.65	-0.03	0.09	0.02	-0.22	-0.23	0.09	0.04	-0.14	-0.08	-0.01	0.26	-0.02
Total Current Liabilities	0.7	0.73	0.79	0.18		0.47	0.64	0.21	0.84	0.3	0.7	0.11	0.76	-0.3	0.08	0.44	0.67	0.67	0.62	0.27	0.49	0.79	0.48	0.27	0.84	0.67
Total Stockholder Equity	0.49	0.71	0.67	-0.21	0.47		0.96	0.6	0.53	0.96	0.36	0.77	0.68	-0.5	0.73	0.49	0.55	0.61	0.73	0.38	0.48	0.63	0.98	0.87	0.21	0.49
Property Plant And Equipment Net	0.65	0.81	0.81	-0.21	0.64	0.96		0.6	0.74	0.85	0.52	0.61	0.81	-0.51	0.57	0.47	0.67	0.73	0.79	0.34	0.51	0.78	0.94	0.74	0.38	0.63
Current Deferred Revenue	0.52	0.62	0.58	-0.76	0.21	0.6	0.6		0.48	0.54	0.26	0.38	0.6	-0.63	0.37	0.34	0.44	0.6	0.67	0.4	0.38	0.55	0.45	0.49	-0.07	0.46
Net Debt	0.88	0.89	0.95	-0.16	0.84	0.53	0.74	0.48		0.32	0.76	0.04	0.93	-0.43	0.01	0.46	0.8	0.9	0.82	0.28	0.55	0.95	0.49	0.27	0.58	0.81
Retained Earnings	0.25	0.56	0.5	-0.22	0.3	0.96	0.85	0.54	0.32		0.13	0.84	0.52	-0.54	0.8	0.4	0.33	0.42	0.6	0.3	0.3	0.44	0.95	0.86	0.09	0.23
Accounts Payable	0.76	0.64	0.67	0.09	0.7	0.36	0.52	0.26	0.76	0.13		-0.1	0.64	-0.17	-0.07	0.68	0.76	0.71	0.61	0.53	0.68	0.75	0.32	0.35	0.31	0.82
Cash	0.08	0.32	0.24	-0.11	0.11	0.77	0.61	0.38	0.04	0.84	-0.1		0.26	-0.23	0.95	0.22	0.21	0.18	0.35	0.18	0.21	0.19	0.79	0.76	0.04	0.12
Non Current Assets Total	0.91	0.99	1.0	-0.23	0.76	0.68	0.81	0.6	0.93	0.52	0.64	0.26		-0.52	0.23	0.5	0.85	0.97	0.93	0.29	0.6	0.98	0.63	0.45	0.44	0.8
Non Currrent Assets Other	-0.2	-0.51	-0.52	0.65	-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
Cash And Short Term Investments	0.06	0.29	0.21	-0.03	0.08	0.73	0.57	0.37	0.01	0.8	-0.07	0.95	0.23	-0.17		0.17	0.22	0.17	0.33	0.19	0.16	0.18	0.76	0.77	-0.03	0.12
Net Receivables	0.55	0.58	0.52	0.09	0.44	0.49	0.47	0.34	0.46	0.4	0.68	0.22	0.5	-0.17	0.17		0.6	0.58	0.64	0.88	0.79	0.58	0.41	0.69	0.01	0.58
Common Stock Total Equity	0.97	0.86	0.84	0.02	0.67	0.55	0.67	0.44	0.8	0.33	0.76	0.21	0.85	-0.08	0.22	0.6		0.9	0.81	0.43	0.77	0.9	0.51	0.48	0.32	0.98
Non Current Liabilities Total	0.95	0.97	0.96	-0.22	0.67	0.61	0.73	0.6	0.9	0.42	0.71	0.18	0.97	-0.42	0.17	0.58	0.9		0.93	0.38	0.69	0.98	0.54	0.46	0.28	0.87
Inventory	0.85	0.95	0.91	-0.23	0.62	0.73	0.79	0.67	0.82	0.6	0.61	0.35	0.93	-0.48	0.33	0.64	0.81	0.93		0.45	0.61	0.92	0.65	0.61	0.21	0.77
Other Current Assets	0.38	0.37	0.31	0.09	0.27	0.38	0.34	0.4	0.28	0.3	0.53	0.18	0.29	-0.05	0.19	0.88	0.43	0.38	0.45		0.71	0.38	0.28	0.65	-0.08	0.46
Other Stockholder Equity	0.72	0.65	0.6	0.04	0.49	0.48	0.51	0.38	0.55	0.3	0.68	0.21	0.6	-0.06	0.16	0.79	0.77	0.69	0.61	0.71		0.69	0.4	0.6	0.1	0.78
Total Liab	0.94	0.98	0.99	-0.14	0.79	0.63	0.78	0.55	0.95	0.44	0.75	0.19	0.98	-0.43	0.18	0.58	0.9	0.98	0.92	0.38	0.69		0.58	0.46	0.43	0.87
Property Plant And Equipment Gross	0.43	0.65	0.62	-0.08	0.48	0.98	0.94	0.45	0.49	0.95	0.32	0.79	0.63	-0.4	0.76	0.41	0.51	0.54	0.65	0.28	0.4	0.58		0.83	0.28	0.44
Total Current Assets	0.35	0.55	0.44	-0.01	0.27	0.87	0.74	0.49	0.27	0.86	0.35	0.76	0.45	-0.28	0.77	0.69	0.48	0.46	0.61	0.65	0.6	0.46	0.83		-0.09	0.41
Short Term Debt	0.36	0.37	0.48	0.26	0.84	0.21	0.38	-0.07	0.58	0.09	0.31	0.04	0.44	-0.09	-0.03	0.01	0.32	0.28	0.21	-0.08	0.1	0.43	0.28	-0.09		0.32
Common Stock	0.96	0.81	0.8	-0.02	0.67	0.49	0.63	0.46	0.81	0.23	0.82	0.12	0.8	-0.04	0.12	0.58	0.98	0.87	0.77	0.46	0.78	0.87	0.44	0.41	0.32

Click cells to compare fundamentals

Otter Tail Account Relationship Matchups

Otter Tail fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	40.0M	40.9M	41.8M	41.9M	42.0M	33.3M
Total Assets	2.3B	2.6B	2.8B	2.9B	3.2B	1.7B
Short Long Term Debt Total	718.1M	845.5M	855.2M	832.0M	905.5M	491.9M
Other Current Liab	7.5M	39.2M	80.5M	(96.3M)	69.2M	44.3M
Total Current Liabilities	189.7M	436.8M	387.7M	237.6M	309.8M	214.9M
Total Stockholder Equity	781.5M	871.0M	990.8M	1.2B	1.4B	1.5B
Property Plant And Equipment Net	1.8B	2.0B	2.1B	2.2B	2.4B	2.5B
Current Deferred Revenue	51.2M	45.7M	50.9M	221.3M	64.7M	68.0M
Net Debt	696.9M	844.4M	853.6M	713.0M	675.1M	470.2M
Retained Earnings	222.3M	257.9M	369.8M	585.2M	806.3M	846.7M
Accounts Payable	120.8M	130.8M	135.1M	104.4M	94.4M	93.9M
Cash	21.2M	1.2M	1.5M	119.0M	230.4M	241.9M
Non Current Assets Total	2.0B	2.3B	2.4B	2.4B	2.7B	1.4B
Non Currrent Assets Other	40.2M	26.3M	32.1M	(85.5M)	51.4M	91.1M
Cash And Short Term Investments	21.2M	1.2M	1.5M	119.0M	230.4M	241.9M
Net Receivables	109.1M	114.0M	175.0M	144.4M	157.1M	127.1M
Common Stock Total Equity	200.8M	207.3M	207.8M	208.2M	239.4M	165.5M
Liabilities And Stockholders Equity	2.3B	2.6B	2.8B	2.9B	3.2B	1.7B
Non Current Liabilities Total	1.3B	1.3B	1.4B	1.4B	1.5B	794.0M
Inventory	97.9M	92.2M	148.5M	146.0M	149.7M	83.8M
Other Current Assets	26.7M	27.5M	44.4M	43.4M	33.0M	39.2M
Other Stockholder Equity	364.8M	414.2M	419.8M	423.0M	427.0M	353.5M
Total Liab	1.5B	1.7B	1.8B	1.7B	1.8B	1.1B
Property Plant And Equipment Gross	1.8B	2.0B	2.1B	2.2B	3.5B	3.7B
Total Current Assets	254.9M	234.8M	369.4M	452.8M	570.2M	598.7M
Accumulated Other Comprehensive Income	(6.4M)	(8.5M)	(6.5M)	915K	1.1M	1.2M
Short Term Debt	10.3M	221.1M	121.1M	8.2M	81.4M	57.8M
Common Stock	200.8M	207.3M	207.8M	208.2M	208.6M	167.7M
Other Liab	594.6M	646.2M	642.3M	609.0M	700.4M	735.4M
Other Assets	184.3M	246.5M	157.6M	156.2M	179.6M	130.0M
Long Term Debt	689.6M	624.4M	734.0M	823.8M	824.1M	494.1M
Intangible Assets	11.3M	10.1M	9.0M	7.9M	6.8M	6.5M
Property Plant Equipment	1.8B	2.0B	2.1B	2.2B	2.5B	1.3B
Net Tangible Assets	753.7M	1.5B	1.7B	2.0B	2.3B	2.5B
Retained Earnings Total Equity	222.3M	257.9M	369.8M	585.2M	673.0M	706.6M
Long Term Debt Total	689.6M	624.4M	734.0M	823.8M	947.4M	602.5M
Capital Surpluse	364.8M	414.2M	419.8M	423.0M	486.5M	358.2M
Deferred Long Term Liab	150.6M	170.8M	204.9M	237.2M	213.5M	208.9M
Non Current Liabilities Other	441.1M	475.4M	437.4M	61.0M	76.0M	72.2M

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:

How To Invest In Otter

Details

Is Otter Stock a good investment?

Details

What is Otter Tail's Net Worth?

Details

Largest Electric Utilities Companies

View

Largest Utilities - Diversified Companies

View

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.

	Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated
	Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format
	Fundamental Analysis View fundamental data based on most recent published financial statements
	Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
	Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
	Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
	Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios
	Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
	Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
	Volatility Analysis Get historical volatility and risk analysis based on latest market data
	Insider Screener Find insiders across different sectors to evaluate their impact on performance
	Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Otter Total Liab vs Accumulated Depreciation Analysis

Total Liab vs Accumulated Depreciation

Total Liab vs Accumulated Depreciation Correlation Analysis

Correlation Coefficient

Total Liab

Accumulated Depreciation

Otter Tail fundamental ratios Correlations

Otter Tail Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Otter Tail fundamental ratios Accounts

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

Complementary Tools for Otter Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Short Long Term Debt Total
Short Long Term Debt Total	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Assets
Property Plant And Equipment Gross	+ 0.98	Total Stockholder Equity

Current Deferred Revenue	- 0.76	Other Current Liab
Non Currrent Assets Other	- 0.63	Current Deferred Revenue
Non Currrent Assets Other	- 0.54	Retained Earnings
Non Currrent Assets Other	- 0.52	Non Current Assets Total
Non Currrent Assets Other	- 0.52	Short Long Term Debt Total
Non Currrent Assets Other	- 0.51	Property Plant And Equipment Net