Organto Pb Ratio vs Average Payables Analysis

OGO Stock

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Organto Foods financial indicator trend analysis is much more than just breaking down Organto Foods prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Organto Foods is a good investment. Please check the relationship between Organto Foods Pb Ratio and its Average Payables accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Organto Foods Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Pb Ratio vs Average Payables

Pb Ratio vs Average Payables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Organto Foods Pb Ratio account and Average Payables. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Organto Foods' Pb Ratio and Average Payables is -0.19. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Average Payables in the same time period over historical financial statements of Organto Foods Incorporated, assuming nothing else is changed. The correlation between historical values of Organto Foods' Pb Ratio and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Organto Foods Incorporated are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Pb Ratio i.e., Organto Foods' Pb Ratio and Average Payables go up and down completely randomly.

Correlation Coefficient

-0.19

Relationship Direction	Negative
Relationship Strength	Insignificant

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Pb Ratio

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Most indicators from Organto Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Organto Foods 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 Organto Foods Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Organto Foods' Selling General Administrative is fairly stable compared to the past year. Discontinued Operations is likely to climb to about 3.1 M in 2024, despite the fact that Tax Provision is likely to grow to (57 K).

Organto Foods fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Net Receivables	Current Deferred Revenue	Short Term Debt	Common Stock	Net Tangible Assets	Long Term Debt	Inventory	Short Long Term Debt
Total Assets		0.87	0.78	0.85	0.16	-0.03	-0.75	0.85	0.96	0.15	0.6	0.96	-0.08	-0.12	0.82	-0.49	0.88	0.97	0.95	-0.88	0.73	0.83	-0.31	0.76	0.52	0.72
Short Long Term Debt Total	0.87		0.52	0.88	-0.3	0.36	-0.91	0.87	0.89	-0.14	0.66	0.89	-0.06	-0.1	0.98	-0.5	0.98	0.92	0.97	-0.94	0.62	0.96	-0.41	0.93	0.26	0.63
Other Current Liab	0.78	0.52		0.58	0.39	-0.5	-0.53	0.63	0.83	0.0	0.46	0.81	-0.08	-0.22	0.48	-0.34	0.55	0.78	0.68	-0.67	0.58	0.56	-0.29	0.45	0.28	0.58
Total Current Liabilities	0.85	0.88	0.58		-0.3	0.35	-0.88	0.97	0.81	0.07	0.67	0.79	0.23	-0.26	0.8	-0.65	0.95	0.84	0.9	-0.86	0.84	0.9	-0.66	0.89	0.27	0.84
Total Stockholder Equity	0.16	-0.3	0.39	-0.3		-0.85	0.44	-0.27	0.09	0.45	-0.27	0.09	-0.29	0.05	-0.32	0.26	-0.33	0.04	-0.12	0.22	-0.02	-0.36	0.51	-0.44	0.5	-0.05
Net Debt	-0.03	0.36	-0.5	0.35	-0.85		-0.35	0.28	-0.09	-0.02	0.18	-0.09	0.2	0.0	0.37	-0.3	0.39	-0.01	0.17	-0.19	0.04	0.34	-0.34	0.44	-0.14	0.05
Retained Earnings	-0.75	-0.91	-0.53	-0.88	0.44	-0.35		-0.92	-0.81	0.31	-0.79	-0.8	-0.14	0.22	-0.88	0.62	-0.92	-0.84	-0.9	0.96	-0.65	-0.97	0.65	-0.96	0.0	-0.67
Accounts Payable	0.85	0.87	0.63	0.97	-0.27	0.28	-0.92		0.83	-0.03	0.76	0.82	0.26	-0.24	0.8	-0.74	0.94	0.86	0.9	-0.91	0.8	0.93	-0.74	0.91	0.15	0.8
Cash	0.96	0.89	0.83	0.81	0.09	-0.09	-0.81	0.83		-0.1	0.64	1.0	-0.12	-0.07	0.86	-0.46	0.87	0.99	0.96	-0.92	0.67	0.87	-0.33	0.8	0.35	0.68
Non Current Assets Total	0.15	-0.14	0.0	0.07	0.45	-0.02	0.31	-0.03	-0.1		-0.32	-0.12	-0.07	-0.27	-0.19	-0.02	-0.06	-0.08	-0.1	0.21	0.14	-0.23	0.22	-0.24	0.63	0.08
Non Currrent Assets Other	0.6	0.66	0.46	0.67	-0.27	0.18	-0.79	0.76	0.64	-0.32		0.64	0.47	-0.1	0.64	-0.53	0.7	0.68	0.72	-0.77	0.44	0.8	-0.57	0.8	-0.16	0.46
Cash And Short Term Investments	0.96	0.89	0.81	0.79	0.09	-0.09	-0.8	0.82	1.0	-0.12	0.64		-0.13	-0.01	0.86	-0.46	0.87	0.99	0.95	-0.92	0.66	0.86	-0.32	0.79	0.35	0.67
Common Stock Shares Outstanding	-0.08	-0.06	-0.08	0.23	-0.29	0.2	-0.14	0.26	-0.12	-0.07	0.47	-0.13		-0.23	-0.13	-0.22	0.06	-0.06	0.01	0.01	0.24	0.08	-0.64	0.11	-0.25	0.25
Short Term Investments	-0.12	-0.1	-0.22	-0.26	0.05	0.0	0.22	-0.24	-0.07	-0.27	-0.1	-0.01	-0.23		-0.04	0.0	-0.13	-0.05	-0.11	0.16	-0.19	-0.13	0.27	-0.12	-0.03	-0.19
Non Current Liabilities Total	0.82	0.98	0.48	0.8	-0.32	0.37	-0.88	0.8	0.86	-0.19	0.64	0.86	-0.13	-0.04		-0.42	0.95	0.89	0.94	-0.92	0.48	0.93	-0.32	0.9	0.22	0.5
Other Stockholder Equity	-0.49	-0.5	-0.34	-0.65	0.26	-0.3	0.62	-0.74	-0.46	-0.02	-0.53	-0.46	-0.22	0.0	-0.42		-0.59	-0.49	-0.5	0.6	-0.6	-0.62	0.69	-0.62	0.0	-0.58
Total Liab	0.88	0.98	0.55	0.95	-0.33	0.39	-0.92	0.94	0.87	-0.06	0.7	0.87	0.06	-0.13	0.95	-0.59		0.91	0.96	-0.94	0.7	0.97	-0.53	0.94	0.26	0.71
Total Current Assets	0.97	0.92	0.78	0.84	0.04	-0.01	-0.84	0.86	0.99	-0.08	0.68	0.99	-0.06	-0.05	0.89	-0.49	0.91		0.98	-0.93	0.7	0.9	-0.37	0.84	0.37	0.7
Net Receivables	0.95	0.97	0.68	0.9	-0.12	0.17	-0.9	0.9	0.96	-0.1	0.72	0.95	0.01	-0.11	0.94	-0.5	0.96	0.98		-0.95	0.7	0.95	-0.43	0.91	0.32	0.71
Current Deferred Revenue	-0.88	-0.94	-0.67	-0.86	0.22	-0.19	0.96	-0.91	-0.92	0.21	-0.77	-0.92	0.01	0.16	-0.92	0.6	-0.94	-0.93	-0.95		-0.65	-0.97	0.49	-0.93	-0.17	-0.66
Short Term Debt	0.73	0.62	0.58	0.84	-0.02	0.04	-0.65	0.8	0.67	0.14	0.44	0.66	0.24	-0.19	0.48	-0.6	0.7	0.7	0.7	-0.65		0.65	-0.61	0.63	0.39	1.0
Common Stock	0.83	0.96	0.56	0.9	-0.36	0.34	-0.97	0.93	0.87	-0.23	0.8	0.86	0.08	-0.13	0.93	-0.62	0.97	0.9	0.95	-0.97	0.65		-0.57	0.99	0.06	0.67
Net Tangible Assets	-0.31	-0.41	-0.29	-0.66	0.51	-0.34	0.65	-0.74	-0.33	0.22	-0.57	-0.32	-0.64	0.27	-0.32	0.69	-0.53	-0.37	-0.43	0.49	-0.61	-0.57		-0.59	0.29	-0.63
Long Term Debt	0.76	0.93	0.45	0.89	-0.44	0.44	-0.96	0.91	0.8	-0.24	0.8	0.79	0.11	-0.12	0.9	-0.62	0.94	0.84	0.91	-0.93	0.63	0.99	-0.59		0.02	0.64
Inventory	0.52	0.26	0.28	0.27	0.5	-0.14	0.0	0.15	0.35	0.63	-0.16	0.35	-0.25	-0.03	0.22	0.0	0.26	0.37	0.32	-0.17	0.39	0.06	0.29	0.02		0.34
Short Long Term Debt	0.72	0.63	0.58	0.84	-0.05	0.05	-0.67	0.8	0.68	0.08	0.46	0.67	0.25	-0.19	0.5	-0.58	0.71	0.7	0.71	-0.66	1.0	0.67	-0.63	0.64	0.34

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Organto Foods Account Relationship Matchups

Organto Foods fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.7M	6.8M	21.0M	11.4M	13.1M	13.7M
Short Long Term Debt Total	1.8M	4.2M	8.4M	9.0M	10.3M	10.8M
Total Current Liabilities	4.5M	3.2M	8.4M	7.1M	8.1M	8.5M
Total Stockholder Equity	(1.8M)	(237.9K)	6.7M	(3.2M)	(2.8M)	(2.7M)
Net Debt	1.7M	20.8K	(3.4M)	3.2M	3.7M	3.9M
Retained Earnings	(21.2M)	(28.2M)	(34.6M)	(45.4M)	(40.9M)	(38.8M)
Accounts Payable	2.8M	3.2M	5.4M	4.2M	4.8M	5.0M
Cash	54.6K	4.1M	11.9M	5.8M	6.6M	7.0M
Non Current Assets Total	2.2M	1.0M	2.9M	1.4M	1.7M	2.5M
Non Currrent Assets Other	9.5K	1.5M	67.0K	885.2K	1.0M	1.1M
Cash And Short Term Investments	54.6K	4.1M	11.9M	5.9M	6.7M	7.1M
Common Stock Shares Outstanding	16.8M	18.1M	25.7M	28.2M	32.4M	35.7M
Liabilities And Stockholders Equity	2.7M	6.8M	21.0M	11.4M	13.1M	13.7M
Other Stockholder Equity	1.2M	(440.5K)	72.0K	797.8K	718.0K	682.1K
Total Liab	4.5M	7.0M	14.3M	14.5M	16.7M	17.5M
Total Current Assets	511.4K	5.7M	18.1M	9.9M	11.4M	12.0M
Net Receivables	202.9K	915.2K	3.2M	2.3M	2.6M	2.8M
Short Term Debt	1.8M	296.0K	2.7M	1.6M	1.8M	1.3M
Accumulated Other Comprehensive Income	2.7M	3.6M	6.6M	7.4M	8.5M	8.9M
Common Stock	17.1M	24.3M	33.9M	34.8M	40.1M	42.1M
Net Tangible Assets	(2.6M)	(2.0M)	(1.8M)	(237.9K)	(214.1K)	(203.4K)
Inventory	78.4K	40.2K	316.3K	235.4K	211.9K	144.6K
Short Long Term Debt	1.8M	296.0K	2.7M	1.6M	1.8M	1.3M
Other Current Assets	175.5K	641.4K	2.7M	(1.0)	(1.15)	(1.09)
Net Invested Capital	(38.9K)	3.9M	15.1M	5.8M	6.7M	4.7M
Net Working Capital	(4.0M)	2.6M	9.7M	2.9M	3.3M	3.5M
Capital Stock	17.1M	24.3M	33.9M	34.8M	40.1M	27.9M

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