Omni Inventory vs Retained Earnings Analysis
Omni Health financial indicator trend analysis is much more than just breaking down Omni Health prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Omni Health is a good investment. Please check the relationship between Omni Health Inventory and its Retained Earnings accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Omni Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For information on how to trade Omni Stock refer to our How to Trade Omni Stock guide.
Inventory vs Retained Earnings
Inventory vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Omni Health Inventory account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Omni Health's Inventory and Retained Earnings is 0.96. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Omni Health, assuming nothing else is changed. The correlation between historical values of Omni Health's Inventory and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Omni Health are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Inventory i.e., Omni Health's Inventory and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.96 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Inventory
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Omni Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Omni Health 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 Omni Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For information on how to trade Omni Stock refer to our How to Trade Omni Stock guide.At present, Omni Health's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 19.63, whereas Sales General And Administrative To Revenue is forecasted to decline to 2.10.
| 2015 | 2016 | 2023 | 2024 (projected) | Gross Profit | 29.0K | 2.0M | 2.2M | 2.4M | Total Revenue | 213.7K | 4.7M | 5.4M | 5.7M |
Omni Health fundamental ratios Correlations
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Omni Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 Omni Health is a strong investment it is important to analyze Omni Health'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 Omni Health's future performance. For an informed investment choice regarding Omni 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 Omni Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For information on how to trade Omni Stock refer to our How to Trade Omni Stock guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Consumer Staples Distribution & Retail 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 Omni Health. If investors know Omni 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 Omni Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Revenue Growth 36.608 |
The market value of Omni Health is measured differently than its book value, which is the value of Omni that is recorded on the company's balance sheet. Investors also form their own opinion of Omni Health's value that differs from its market value or its book value, called intrinsic value, which is Omni Health'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 Omni Health's market value can be influenced by many factors that don't directly affect Omni Health'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 Omni Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Omni Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Omni Health'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.