OMNOVA Solutions Financials

Based on the key indicators related to OMNOVA Solutions' liquidity, profitability, solvency, and operating efficiency, OMNOVA Solutions is not in a good financial situation at the moment. It has a very high risk of going through financial straits in April.
With this module, you can analyze OMNOVA financials for your investing period. You should be able to track the changes in OMNOVA Solutions individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past OMNOVA Solutions Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of OMNOVA Solutions' financial statements are interrelated, with each one affecting the others. For example, an increase in OMNOVA Solutions' assets may result in an increase in income on the income statement.
Evaluating OMNOVA Solutions' financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of OMNOVA Solutions' profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the OMNOVA Solutions' relative financial performance

Chance Of Distress

Over 100

 
100  
 
Zero
Dangerous
OMNOVA Solutions has more than 100 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for OMNOVA Solutions stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, OMNOVA Solutions' odds of distress score SHOULD NOT be confused with the real chance of OMNOVA Solutions filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as OMNOVA is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include OMNOVA Solutions' liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
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The data published in OMNOVA Solutions' official financial statements usually reflect OMNOVA Solutions' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of OMNOVA Solutions. For example, before you start analyzing numbers published by OMNOVA accountants, it's critical to develop an understanding of what OMNOVA Solutions' liquidity, profitability, and earnings quality are in the context of the Basic Materials space in which it operates.
Please note, the presentation of OMNOVA Solutions' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, OMNOVA Solutions' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in OMNOVA Solutions' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of OMNOVA Solutions. Please utilize our Beneish M Score to check the likelihood of OMNOVA Solutions' management manipulating its earnings.

OMNOVA Solutions Company Summary

OMNOVA Solutions competes with Mayfair Gold, Alaska Air, Wizz Air, Luxfer Holdings, and Hawkins. OMNOVA Solutions Inc. provides specialty solutions and performance materials for various commercial, industrial, and residential end uses in the Americas, Europe, and Asia. OMNOVA Solutions Inc. was founded in 1999 and is headquartered in Beachwood, Ohio. OMNOVA Solutions operates under Specialty Chemicals classification in USA and is traded on BATS Exchange. It employs 1850 people.
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS6821291019
Business Address25435 Harvard Road,
SectorBasic Materials
IndustrySpecialty Chemicals
BenchmarkNYSE Composite
Websitewww.omnova.com
Phone216 682 7000
CurrencyUSD - US Dollar
You should never invest in OMNOVA Solutions without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of OMNOVA Stock, because this is throwing your money away. Analyzing the key information contained in OMNOVA Solutions' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

OMNOVA Solutions Key Financial Ratios

Generally speaking, OMNOVA Solutions' financial ratios allow both analysts and investors to convert raw data from OMNOVA Solutions' financial statements into concise, actionable information that can be used to evaluate the performance of OMNOVA Solutions over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that OMNOVA Solutions reports annually and quarterly.

OMNOVA Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining OMNOVA Solutions's current stock value. Our valuation model uses many indicators to compare OMNOVA Solutions value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across OMNOVA Solutions competition to find correlations between indicators driving OMNOVA Solutions's intrinsic value. More Info.
OMNOVA Solutions is considered to be number one stock in price to sales category among related companies. It is considered to be number one stock in profit margin category among related companies . . Comparative valuation analysis is a catch-all model that can be used if you cannot value OMNOVA Solutions by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for OMNOVA Solutions' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the OMNOVA Solutions' earnings, one of the primary drivers of an investment's value.
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Other Consideration for investing in OMNOVA Stock

If you are still planning to invest in OMNOVA Solutions check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the OMNOVA Solutions' history and understand the potential risks before investing.
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