Oil Debt Equity Ratio from 2010 to 2024

ODC Stock  USD 69.65  0.83  1.21%   
Oil Dri's Debt Equity Ratio is decreasing over the years with stable fluctuation. Overall, Debt Equity Ratio is expected to go to 0.32 this year. During the period from 2010 to 2024 Oil Dri Debt Equity Ratio annual values regression line had geometric mean of  0.15 and mean square error of  0.01. View All Fundamentals
 
Debt Equity Ratio  
First Reported
2010-12-31
Previous Quarter
0.24110586
Current Value
0.32
Quarterly Volatility
0.09683388
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Oil Dri financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Oil Dri's main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.6 M, Interest Expense of 1.9 M or Total Revenue of 223.1 M, as well as many indicators such as Price To Sales Ratio of 0.92, Dividend Yield of 0.0206 or PTB Ratio of 1.95. Oil financial statements analysis is a perfect complement when working with Oil Dri Valuation or Volatility modules.
  
Check out the analysis of Oil Dri Correlation against competitors.
For information on how to trade Oil Stock refer to our How to Trade Oil Stock guide.

Latest Oil Dri's Debt Equity Ratio Growth Pattern

Below is the plot of the Debt Equity Ratio of Oil Dri over the last few years. It is Oil Dri's Debt Equity Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Oil Dri's overall financial position and show how it may be relating to other accounts over time.
Debt Equity Ratio10 Years Trend
Pretty Stable
   Debt Equity Ratio   
       Timeline  

Oil Debt Equity Ratio Regression Statistics

Arithmetic Mean0.18
Geometric Mean0.15
Coefficient Of Variation54.69
Mean Deviation0.08
Median0.18
Standard Deviation0.1
Sample Variance0.01
Range0.3029
R-Value(0.16)
Mean Square Error0.01
R-Squared0.03
Significance0.56
Slope(0)
Total Sum of Squares0.13

Oil Debt Equity Ratio History

2024 0.32
2022 0.18
2021 0.22
2020 0.0558
2019 0.0666
2018 0.0453
2017 0.0697

About Oil Dri Financial Statements

Oil Dri stakeholders use historical fundamental indicators, such as Oil Dri's Debt Equity Ratio, to determine how well the company is positioned to perform in the future. Although Oil Dri investors may analyze each financial statement separately, they are all interrelated. For example, changes in Oil Dri's assets and liabilities are reflected in the revenues and expenses on Oil Dri's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Oil Dri. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt Equity Ratio 0.24  0.32 

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 Oil Dri offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Oil Dri'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 Oil Dri Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Oil Dri Stock:
Check out the analysis of Oil Dri Correlation against competitors.
For information on how to trade Oil Stock refer to our How to Trade Oil Stock guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Household Products 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 Oil Dri. If investors know Oil 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 Oil Dri 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
(0.01)
Dividend Share
1.18
Earnings Share
5.43
Revenue Per Share
63.779
Quarterly Revenue Growth
0.059
The market value of Oil Dri is measured differently than its book value, which is the value of Oil that is recorded on the company's balance sheet. Investors also form their own opinion of Oil Dri's value that differs from its market value or its book value, called intrinsic value, which is Oil Dri'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 Oil Dri's market value can be influenced by many factors that don't directly affect Oil Dri'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 Oil Dri's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oil Dri is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oil Dri'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.