Otter Total Stockholder Equity vs Net Working Capital Analysis
OTTR Stock | USD 90.47 0.52 0.58% |
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 Stockholder Equity and its Net Working Capital 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 Stockholder Equity vs Net Working Capital
Total Stockholder Equity vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Otter Tail Total Stockholder Equity account and Net Working Capital. At this time, the significance of the direction appears to have strong relationship.
The correlation between Otter Tail's Total Stockholder Equity and Net Working Capital is 0.73. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Working Capital 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 Stockholder Equity and Net Working Capital 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 Stockholder Equity of Otter Tail are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Stockholder Equity i.e., Otter Tail's Total Stockholder Equity and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Net Working Capital
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 06/03/2024, 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 |
Otter Tail fundamental ratios Correlations
Click cells to compare fundamentals
Otter Tail Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 ArchitectCheck 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 Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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.
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |
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.