Owens Common Stock Shares Outstanding vs Inventory Analysis

OMI Stock  USD 12.35  0.12  0.98%   
Owens Minor financial indicator trend analysis is much more than just breaking down Owens Minor prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Owens Minor is a good investment. Please check the relationship between Owens Minor Common Stock Shares Outstanding and its Inventory accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Owens Minor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more detail on how to invest in Owens Stock please use our How to Invest in Owens Minor guide.

Common Stock Shares Outstanding vs Inventory

Common Stock Shares Outstanding vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Owens Minor Common Stock Shares Outstanding account and Inventory. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Owens Minor's Common Stock Shares Outstanding and Inventory is 0.82. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Inventory in the same time period over historical financial statements of Owens Minor, assuming nothing else is changed. The correlation between historical values of Owens Minor's Common Stock Shares Outstanding and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Owens Minor are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Common Stock Shares Outstanding i.e., Owens Minor's Common Stock Shares Outstanding and Inventory go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock Shares Outstanding

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

Inventory

Most indicators from Owens Minor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Owens Minor 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 Owens Minor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more detail on how to invest in Owens Stock please use our How to Invest in Owens Minor guide.As of now, Owens Minor's Enterprise Value Multiple is increasing as compared to previous years. The Owens Minor's current Enterprise Value is estimated to increase to about 1.9 B, while Tax Provision is forecasted to increase to (12.8 M).
 2021 2022 2023 2024 (projected)
Gross Profit1.5B1.8B2.1B2.2B
Total Revenue9.8B10.0B10.3B5.9B

Owens Minor fundamental ratios Correlations

0.930.660.970.240.930.92-0.10.520.940.960.520.590.730.940.630.040.860.980.850.590.080.920.950.840.61
0.930.570.86-0.050.940.98-0.350.420.940.870.420.40.520.980.5-0.130.770.970.860.43-0.030.970.850.860.36
0.660.570.740.20.510.540.050.340.490.70.340.560.490.560.470.290.430.640.470.620.190.550.580.370.58
0.970.860.740.240.880.84-0.090.590.860.950.590.610.710.870.630.110.860.940.840.620.090.860.960.750.65
0.24-0.050.20.240.02-0.10.860.270.080.280.270.570.73-0.040.460.560.240.06-0.030.530.43-0.10.250.080.77
0.930.940.510.880.020.95-0.340.450.970.90.450.320.610.940.47-0.260.890.950.950.35-0.160.920.850.890.39
0.920.980.540.84-0.10.95-0.430.320.930.870.320.40.51.00.51-0.190.770.970.850.42-0.10.990.840.840.33
-0.1-0.350.05-0.090.86-0.34-0.430.25-0.21-0.070.250.250.33-0.380.020.65-0.2-0.29-0.30.180.56-0.45-0.12-0.130.44
0.520.420.340.590.270.450.320.250.530.431.00.070.350.350.020.130.410.450.630.090.240.30.50.580.33
0.940.940.490.860.080.970.93-0.210.530.890.530.30.570.940.38-0.150.810.940.950.30.010.90.830.970.36
0.960.870.70.950.280.90.87-0.070.430.890.430.610.740.890.630.150.850.940.810.610.050.880.910.780.63
0.520.420.340.590.270.450.320.251.00.530.430.070.350.350.020.130.410.450.630.090.240.30.50.580.33
0.590.40.560.610.570.320.40.250.070.30.610.070.750.450.90.530.480.530.120.970.230.470.680.130.88
0.730.520.490.710.730.610.50.330.350.570.740.350.750.550.820.190.740.630.480.770.050.510.730.450.92
0.940.980.560.87-0.040.941.0-0.380.350.940.890.350.450.550.55-0.140.790.980.840.48-0.060.990.870.840.39
0.630.50.470.630.460.470.510.020.020.380.630.020.90.820.550.210.660.60.250.940.020.570.720.180.83
0.04-0.130.290.110.56-0.26-0.190.650.13-0.150.150.130.530.19-0.140.21-0.2-0.06-0.270.440.62-0.140.11-0.150.41
0.860.770.430.860.240.890.77-0.20.410.810.850.410.480.740.790.66-0.20.840.810.5-0.090.790.880.690.59
0.980.970.640.940.060.950.97-0.290.450.940.940.450.530.630.980.6-0.060.840.870.55-0.010.980.930.830.5
0.850.860.470.84-0.030.950.85-0.30.630.950.810.630.120.480.840.25-0.270.810.870.16-0.10.820.770.910.26
0.590.430.620.620.530.350.420.180.090.30.610.090.970.770.480.940.440.50.550.160.190.480.670.120.88
0.08-0.030.190.090.43-0.16-0.10.560.240.010.050.240.230.05-0.060.020.62-0.09-0.01-0.10.19-0.090.060.090.16
0.920.970.550.86-0.10.920.99-0.450.30.90.880.30.470.510.990.57-0.140.790.980.820.48-0.090.880.80.36
0.950.850.580.960.250.850.84-0.120.50.830.910.50.680.730.870.720.110.880.930.770.670.060.880.710.65
0.840.860.370.750.080.890.84-0.130.580.970.780.580.130.450.840.18-0.150.690.830.910.120.090.80.710.22
0.610.360.580.650.770.390.330.440.330.360.630.330.880.920.390.830.410.590.50.260.880.160.360.650.22
Click cells to compare fundamentals

Owens Minor Account Relationship Matchups

Owens Minor fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.6B3.3B3.5B5.4B5.1B5.3B
Short Long Term Debt Total1.6B1.1B1.1B2.7B2.3B2.4B
Other Current Liab608.1M272.2M298.2M324.3M427.4M448.8M
Total Current Liabilities1.4B1.3B1.3B1.6B1.9B2.0B
Total Stockholder Equity462.2M712.1M938.5M945.6M924.2M536.8M
Property Plant And Equipment Net457.6M460.4M511.2M858.9M840.5M882.5M
Net Debt1.6B1.0B1.1B2.6B2.1B2.2B
Retained Earnings137.8M167.0M387.6M410.0M368.7M302.6M
Cash67.0M83.1M55.7M69.5M243.0M255.2M
Non Current Assets Total1.2B1.2B1.2B3.1B3.0B3.1B
Non Currrent Assets Other100.0M101.9M103.6M150.4M140.9M147.9M
Cash And Short Term Investments67.0M83.1M55.7M69.5M243.0M255.2M
Net Receivables674.7M700.8M681.6M763.5M598.3M425.8M
Common Stock Shares Outstanding60.6M63.5M75.5M76.2M75.8M60.3M
Liabilities And Stockholders Equity3.6B3.3B3.5B5.4B5.1B5.3B
Non Current Liabilities Total1.8B1.3B1.3B2.9B2.3B2.4B
Inventory1.1B1.2B1.5B1.3B1.1B619.4M
Other Current Assets79.4M118.3M88.6M128.6M150.9M92.6M
Other Stockholder Equity251.4M436.6M440.6M418.9M434.2M455.9M
Total Liab3.2B2.6B2.6B4.4B4.2B4.4B
Property Plant And Equipment Gross457.6M460.4M511.2M858.9M1.4B1.5B
Total Current Assets2.4B2.1B2.3B2.3B2.1B1.2B
Accumulated Other Comprehensive Income(52.7M)(38.5M)(40.6M)(35.9M)(31.8M)(33.4M)
Short Term Debt32.6M73.4M43.9M94.7M292.6M162.3M
Intangible Assets285.0M243.4M209.7M445.0M361.8M379.9M
Accounts Payable808.0M1.0B1.0B1.1B1.2B1.2B
Good Will393.2M394.1M390.2M1.6B1.6B1.7B
Common Stock125.7M146.9M150.9M152.6M153.1M84.6M
Common Stock Total Equity124.6M125.7M146.9M150.9M173.5M114.1M
Other Liab121.8M171.9M144.2M175.8M202.1M212.2M
Other Assets56.4M246.7M103.6M150.4M173.0M181.6M
Long Term Debt1.5B986.0M947.5M2.5B1.9B2.0B
Property Plant Equipment315.4M460.4M511.2M858.9M987.8M1.0B
Net Tangible Assets(216.0M)74.6M338.6M(1.2B)(1.1B)(1.0B)
Retained Earnings Total Equity200.7M137.8M167.0M387.6M348.9M413.5M
Long Term Debt Total1.5B986.0M947.5M2.5B2.9B3.0B
Capital Surpluse251.4M436.6M440.6M418.9M481.7M285.7M
Deferred Long Term Liab50.9M40.6M50.6M35.3M40.6M55.1M

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When determining whether Owens Minor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Owens Minor's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Owens Minor Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Owens Minor Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Owens Minor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more detail on how to invest in Owens Stock please use our How to Invest in Owens Minor guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Health Care Providers & Services space 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 Owens Minor. If investors know Owens 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 Owens Minor 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
(0.72)
Earnings Share
(0.63)
Revenue Per Share
139.342
Quarterly Revenue Growth
0.05
Return On Assets
0.0402
The market value of Owens Minor is measured differently than its book value, which is the value of Owens that is recorded on the company's balance sheet. Investors also form their own opinion of Owens Minor's value that differs from its market value or its book value, called intrinsic value, which is Owens Minor'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 Owens Minor's market value can be influenced by many factors that don't directly affect Owens Minor'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 Owens Minor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Owens Minor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Owens Minor'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.