Orion Quick Ratio from 2010 to 2024

OEC Stock  USD 18.05  0.05  0.28%   
Orion Engineered's Quick Ratio is decreasing over the years with slightly volatile fluctuation. Overall, Quick Ratio is expected to go to 1.46 this year. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
0.81535317
Current Value
1.46
Quarterly Volatility
0.46126611
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Orion Engineered financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Orion Engineered's main balance sheet or income statement drivers, such as Depreciation And Amortization of 71.2 M, Interest Expense of 50.2 M or Selling General Administrative of 160 M, as well as many indicators such as Price To Sales Ratio of 0.62, Dividend Yield of 0.0028 or PTB Ratio of 3.25. Orion financial statements analysis is a perfect complement when working with Orion Engineered Valuation or Volatility modules.
  
Check out the analysis of Orion Engineered Correlation against competitors.

Latest Orion Engineered's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Orion Engineered Carbons over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. Orion Engineered's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Orion Engineered's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Slightly volatile
   Quick Ratio   
       Timeline  

Orion Quick Ratio Regression Statistics

Arithmetic Mean1.46
Geometric Mean1.39
Coefficient Of Variation31.69
Mean Deviation0.37
Median1.37
Standard Deviation0.46
Sample Variance0.21
Range1.3795
R-Value(0.88)
Mean Square Error0.05
R-Squared0.77
Significance0.000019
Slope(0.09)
Total Sum of Squares2.98

Orion Quick Ratio History

2024 1.46
2023 0.82
2022 0.91
2021 0.97
2020 1.11
2019 1.2
2018 1.22

About Orion Engineered Financial Statements

Orion Engineered stakeholders use historical fundamental indicators, such as Orion Engineered's Quick Ratio, to determine how well the company is positioned to perform in the future. Although Orion Engineered investors may analyze each financial statement separately, they are all interrelated. For example, changes in Orion Engineered's assets and liabilities are reflected in the revenues and expenses on Orion Engineered'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 Orion Engineered Carbons. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 0.82  1.46 

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 the analysis of Orion Engineered Correlation against competitors.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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
0.085
Earnings Share
0.54
Revenue Per Share
32.767
Quarterly Revenue Growth
(0.01)
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.