Orion Operating Income vs Ebit Analysis
OEC Stock | USD 15.32 0.14 0.92% |
Orion Engineered financial indicator trend analysis is much more than just breaking down Orion Engineered Carbons prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orion Engineered Carbons is a good investment. Please check the relationship between Orion Engineered Operating Income and its Ebit accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orion Engineered Carbons. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Operating Income vs Ebit
Operating Income vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orion Engineered Carbons Operating Income account and Ebit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Orion Engineered's Operating Income and Ebit is 0.58. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Ebit in the same time period over historical financial statements of Orion Engineered Carbons, assuming nothing else is changed. The correlation between historical values of Orion Engineered's Operating Income and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Orion Engineered Carbons are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Operating Income i.e., Orion Engineered's Operating Income and Ebit go up and down completely randomly.
Correlation Coefficient | 0.58 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Operating Income
Operating Income is the amount of profit realized from Orion Engineered Carbons operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Orion Engineered Carbons is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Ebit
Most indicators from Orion Engineered's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orion Engineered Carbons 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 Orion Engineered Carbons. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. As of November 5, 2024, Selling General Administrative is expected to decline to about 160 M. In addition to that, Tax Provision is expected to decline to about 38.3 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 38M | 39.9M | 48.6M | 50.0M | Depreciation And Amortization | 104.1M | 105.7M | 113M | 71.2M |
Orion Engineered fundamental ratios Correlations
Click cells to compare fundamentals
Orion Engineered Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Orion Engineered fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.3B | 1.4B | 1.6B | 1.9B | 1.8B | 1.5B | |
Short Long Term Debt Total | 666.7M | 738.4M | 843.9M | 915.3M | 927.2M | 779.0M | |
Other Current Liab | 91.5M | 110.0M | 34.1M | 81.3M | 72.8M | 64.9M | |
Total Current Liabilities | 285.2M | 324.7M | 448.7M | 552.8M | 440.3M | 346.3M | |
Total Stockholder Equity | 186.0M | 181.0M | 319.7M | 459.4M | 478.5M | 502.4M | |
Other Liab | 134.4M | 153.7M | 231.4M | 131.6M | 151.3M | 136.5M | |
Property Plant And Equipment Net | 561.6M | 696.2M | 792.5M | 916.1M | 1.0B | 650.0M | |
Net Debt | 602.9M | 673.6M | 717.2M | 854.5M | 887M | 681.3M | |
Retained Earnings | 78.3M | 84.4M | 217.8M | 319M | 417.6M | 438.5M | |
Accounts Payable | 156.3M | 131.3M | 195.1M | 184.1M | 183.7M | 166.0M | |
Cash | 63.7M | 64.9M | 65.7M | 60.8M | 40.2M | 57.1M | |
Non Current Assets Total | 749.7M | 889.3M | 966M | 1.1B | 1.2B | 896.2M | |
Non Currrent Assets Other | 3.7M | 3.0M | 3.5M | 58.8M | (134.1M) | (127.4M) | |
Other Assets | (2K) | (3K) | 53.9M | 87.9M | 101.1M | 106.1M | |
Long Term Debt | 630.3M | 655.8M | 631.2M | 657M | 677.3M | 602.5M | |
Cash And Short Term Investments | 75.1M | 68.5M | 65.7M | 60.8M | 40.2M | 59.8M | |
Net Receivables | 230.5M | 246.0M | 301M | 373M | 247.1M | 223.9M | |
Good Will | 77.3M | 84.5M | 78M | 73.4M | 76.1M | 73.1M | |
Common Stock Total Equity | 71.5M | 84.3M | 85.0M | 85.3M | 98.1M | 78.8M | |
Common Stock Shares Outstanding | 61.3M | 61.4M | 61.0M | 61.4M | 60.0M | 65.7M | |
Short Term Investments | 11.3M | 3.6M | 17.5M | 56.9M | 15.6M | 12.0M | |
Liabilities And Stockholders Equity | 1.3B | 1.4B | 1.6B | 1.9B | 1.8B | 1.5B | |
Non Current Liabilities Total | 786.2M | 884.0M | 862.6M | 876.5M | 914.6M | 726.1M | |
Inventory | 164.8M | 141.5M | 229.8M | 277.9M | 287.1M | 202.1M | |
Other Current Assets | 37.4M | 44.5M | 68.5M | 66.8M | 71.7M | 75.3M | |
Other Stockholder Equity | 57.0M | 60.0M | 65.1M | 67.6M | 15.5M | 30.6M | |
Total Liab | 1.1B | 1.2B | 1.3B | 1.4B | 1.4B | 1.3B | |
Property Plant And Equipment Gross | 561.6M | 696.2M | 792.5M | 916.1M | 1.6B | 1.7B | |
Total Current Assets | 507.7M | 500.5M | 665M | 778.5M | 646.1M | 628.4M | |
Accumulated Other Comprehensive Income | (34.4M) | (48.7M) | (48.5M) | (12.5M) | (39.9M) | (41.9M) | |
Intangible Assets | 50.6M | 46.8M | 36.3M | 27.8M | 163.6M | 171.8M | |
Common Stock | 84.3M | 85.0M | 85.3M | 85.3M | 98.1M | 83.7M | |
Property Plant Equipment | 423.2M | 519.8M | 792.5M | 916.1M | 1.1B | 562.0M | |
Net Tangible Assets | 58.1M | 49.8M | 205.4M | 358.2M | 411.9M | 432.5M | |
Current Deferred Revenue | 1.0M | 922K | 67.8M | 29.1M | 34.2M | 37.3M | |
Deferred Long Term Liab | 919K | 1.8M | 2.8M | 2.3M | 2.1M | 1.6M | |
Long Term Investments | 7.7M | 6.4M | 5.3M | 5M | 41.6M | 43.7M | |
Short Long Term Debt | 36.4M | 82.6M | 151.7M | 258.3M | 137M | 110.5M | |
Short Term Debt | 36.4M | 82.6M | 151.7M | 258.3M | 149.6M | 157.1M | |
Long Term Debt Total | 630.3M | 655.8M | 692.2M | 657M | 591.3M | 546.1M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Orion Engineered Carbons offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Orion Engineered'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 Orion Engineered Carbons Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Orion Engineered Carbons Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orion Engineered Carbons. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Commodity Chemicals 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 Orion Engineered. If investors know Orion 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 Orion Engineered 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 (0.31) | Dividend Share 0.084 | Earnings Share 1.33 | Revenue Per Share 32.763 | Quarterly Revenue Growth 0.04 |
The market value of Orion Engineered Carbons is measured differently than its book value, which is the value of Orion that is recorded on the company's balance sheet. Investors also form their own opinion of Orion Engineered's value that differs from its market value or its book value, called intrinsic value, which is Orion Engineered'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 Orion Engineered's market value can be influenced by many factors that don't directly affect Orion Engineered'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 Orion Engineered's value and its price as these two are different measures arrived at by different means. Investors typically determine if Orion Engineered is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orion Engineered'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.