Old Historical Balance Sheet

ODFL Stock  USD 173.06  1.49  0.87%   
Trend analysis of Old Dominion Freight balance sheet accounts such as Other Current Liab of 534.5 M provides information on Old Dominion's total assets, liabilities, and equity, which is the actual value of Old Dominion Freight to its prevalent stockholders. By breaking down trends over time using Old Dominion balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Covid
Financial Statement Analysis is much more than just reviewing and examining Old Dominion Freight latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Old Dominion Freight is a good buy for the upcoming year.

Old Dominion Inventory

(18.78 Million)

  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old Dominion Freight. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

About Old Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Old Dominion Freight at a specified time, usually calculated after every quarter, six months, or one year. Old Dominion Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Old Dominion and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Old currently owns. An asset can also be divided into two categories, current and non-current.

Old Dominion Balance Sheet Chart

Old Dominion Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Old Dominion Freight uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Old Dominion's Retained Earnings are quite stable compared to the past year. Accounts Payable is expected to rise to about 118.4 M this year, although the value of Short and Long Term Debt Total will most likely fall to about 136.9 M.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of Old Dominion 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 Old Dominion Freight 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 accounts from Old Dominion's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Old Dominion Freight current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Dominion Freight. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
At this time, Old Dominion's Retained Earnings are quite stable compared to the past year. Accounts Payable is expected to rise to about 118.4 M this year, although the value of Short and Long Term Debt Total will most likely fall to about 136.9 M.
 2020 2021 2023 2024 (projected)
Short and Long Term Debt Total99.9M100.0M200.4M136.9M
Total Assets4.8B4.8B5.5B5.8B

Old Dominion balance sheet Correlations

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-0.27-0.180.59-0.01-0.08-0.22-0.110.55-0.230.03-0.37-0.120.3-0.45-0.140.090.12-0.130.580.01-0.33-0.310.12-0.120.11
0.270.04-0.23-0.560.070.040.02-0.060.040.01-0.060.03-0.020.020.07-0.03-0.40.41-0.250.020.05-0.31-0.020.010.13
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Click cells to compare fundamentals

Old Dominion Account Relationship Matchups

Old Dominion balance sheet Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding241.2M237.0M232.8M226.2M220.2M142.7M
Total Assets3.5B4.4B4.8B4.8B5.5B5.8B
Short Long Term Debt Total45M99.9M99.9M100.0M200.4M136.9M
Other Current Liab304.6M381.7M93.0M509.8M509.1M534.5M
Total Current Liabilities356.7M373.1M464.2M529.8M544.7M571.9M
Total Stockholder Equity2.7B3.3B3.7B3.7B4.3B4.5B
Property Plant And Equipment Net2.8B2.9B3.2B3.7B4.2B4.4B
Net Debt(145.3M)(301.5M)(362.6M)(86.3M)(233.4M)(221.8M)
Retained Earnings2.5B3.1B3.5B3.4B4.0B4.2B
Accounts Payable78.5M68.5M82.5M106.3M112.8M118.4M
Cash190.3M401.4M462.6M186.3M433.8M455.5M
Non Current Assets Total2.8B3.1B3.4B3.9B4.4B4.6B
Non Currrent Assets Other84.1M(8.2M)(26.6M)(92.7M)(205.9M)(195.6M)
Cash And Short Term Investments190.3M731.7M717.0M235.7M433.8M455.5M
Net Receivables468.3M454.2M599.1M605.1M615.3M646.1M
Liabilities And Stockholders Equity3.5B4.4B4.8B4.8B5.5B5.8B
Non Current Liabilities Total508.1M670.0M677.5M655.9M709.9M745.4M
Inventory(468.3M)(454.2M)(599.1M)(605.1M)(17.9M)(18.8M)
Other Current Assets515.9M511.6M666.8M698.1M94.2M89.5M
Other Stockholder Equity1.5B226.5M174.4M244.6M243.0M475.8M
Total Liab864.8M1.0B1.1B1.2B1.3B1.3B
Total Current Assets706.2M1.2B1.4B933.7M1.1B1.2B
Common Stock Total Equity8.0M11.7M11.5M11.0M12.7M13.3M
Property Plant And Equipment Gross3.0B2.9B5.1B5.8B6.2B6.6B
Common Stock8.1M11.7M11.5M11.0M10.9M6.1M
Other Liab447.7M570.1M577.6M495.1M569.4M597.9M
Other Assets75.1M2.7B222.1M122.6M1.00.95
Property Plant Equipment3.0B2.9B3.2B3.7B4.2B4.5B
Net Tangible Assets3.1B3.3B3.7B3.7B4.2B2.3B
Retained Earnings Total Equity2.9B3.1B3.5B3.4B3.9B2.1B
Capital Surpluse222.4M226.5M174.4M244.6M281.3M173.3M
Deferred Long Term Liab262.0M220.2M248.7M310.5M357.1M234.8M

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When determining whether Old Dominion Freight is a strong investment it is important to analyze Old Dominion'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 Old Dominion's future performance. For an informed investment choice regarding Old 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 Old Dominion Freight. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Old Dominion Freight information on this page should be used as a complementary analysis to other Old Dominion's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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When running Old Dominion's price analysis, check to measure Old Dominion'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 Dominion is operating at the current time. Most of Old Dominion's value examination focuses on studying past and present price action to predict the probability of Old Dominion'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 Dominion's price. Additionally, you may evaluate how the addition of Old Dominion to your portfolios can decrease your overall portfolio volatility.
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Is Old Dominion'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 Dominion. 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 Dominion 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
0.039
Dividend Share
0.86
Earnings Share
5.68
Revenue Per Share
26.959
Quarterly Revenue Growth
0.012
The market value of Old Dominion Freight 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 Dominion's value that differs from its market value or its book value, called intrinsic value, which is Old Dominion'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 Dominion's market value can be influenced by many factors that don't directly affect Old Dominion'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 Dominion's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old Dominion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old Dominion'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.