IX Stock | | | USD 107.62 0.20 0.19% |
Orix Corp financial indicator trend analysis is much more than just breaking down Orix Corp Ads prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orix Corp Ads is a good investment. Please check the relationship between Orix Corp Current Deferred Revenue and its Property Plant Equipment accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Orix Corp Ads. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
Current Deferred Revenue vs Property Plant Equipment
Current Deferred Revenue vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Orix Corp Ads Current Deferred Revenue account and
Property Plant Equipment. At this time, the significance of the direction appears to have pay attention.
The correlation between Orix Corp's Current Deferred Revenue and Property Plant Equipment is -0.72. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Orix Corp Ads, assuming nothing else is changed. The correlation between historical values of Orix Corp's Current Deferred Revenue and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Orix Corp Ads are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Current Deferred Revenue i.e., Orix Corp's Current Deferred Revenue and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.72 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Property Plant Equipment
Most indicators from Orix Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orix Corp Ads 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Orix Corp Ads. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
At this time, Orix Corp's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 10.12 in 2024, whereas
Tax Provision is likely to drop slightly above 126.1
B in 2024.
Orix Corp fundamental ratios Correlations
Click cells to compare fundamentals
Orix Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Orix Corp fundamental ratios Accounts
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Additional Tools for Orix Stock Analysis
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measure Orix Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Orix Corp is operating at the current time. Most of Orix Corp's value examination focuses on studying past and present price action to
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