Orix Long Term Investments vs Accounts Payable Analysis

IX Stock  USD 107.82  1.00  0.94%   
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 Long Term Investments and its Accounts Payable 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.

Long Term Investments vs Accounts Payable

Long Term Investments vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orix Corp Ads Long Term Investments account and Accounts Payable. At this time, the significance of the direction appears to have very week relationship.
The correlation between Orix Corp's Long Term Investments and Accounts Payable is 0.26. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Accounts Payable 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 Long Term Investments and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Orix Corp Ads are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Long Term Investments i.e., Orix Corp's Long Term Investments and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Long Term Investments

Long Term Investments is an item on the asset side of Orix Corp balance sheet that represents investments Orix Corp Ads intends to hold for over a year. Orix Corp Ads long term investments may include different instruments such as stocks, bonds, real estate and cash.

Accounts Payable

An accounting item on the balance sheet that represents Orix Corp obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Orix Corp Ads are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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 27.10 in 2024, whereas Tax Provision is likely to drop slightly above 126.1 B in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense68.2B127.6B188.3B105.1B
Depreciation And Amortization2.1T2.2T364.2B372.8B

Orix Corp fundamental ratios Correlations

0.590.46-0.080.820.140.330.850.650.710.74-0.17-0.240.60.470.660.70.49-0.560.990.680.64-0.510.770.740.76
0.590.490.580.53-0.550.830.540.540.150.43-0.59-0.60.370.760.740.670.68-0.390.640.760.790.130.120.350.48
0.460.490.460.79-0.050.050.710.230.260.87-0.82-0.85-0.010.860.530.480.950.150.450.480.75-0.410.470.480.57
-0.080.580.460.19-0.840.460.14-0.22-0.460.13-0.67-0.55-0.310.750.430.280.610.22-0.030.380.530.62-0.450.110.22
0.820.530.790.190.090.040.990.330.580.93-0.46-0.520.440.750.750.760.8-0.350.820.740.83-0.510.660.830.89
0.14-0.55-0.05-0.840.09-0.660.080.240.590.250.360.30.08-0.48-0.44-0.32-0.250.050.07-0.37-0.38-0.820.640.05-0.04
0.330.830.050.460.04-0.660.060.49-0.16-0.03-0.29-0.30.210.370.440.380.24-0.310.390.460.40.39-0.12-0.020.08
0.850.540.710.140.990.080.060.330.610.88-0.39-0.460.540.710.790.810.75-0.450.850.770.83-0.490.640.860.91
0.650.540.23-0.220.330.240.490.330.560.41-0.1-0.190.330.140.190.230.25-0.280.650.250.25-0.470.620.040.11
0.710.150.26-0.460.580.59-0.160.610.560.540.040.020.470.050.160.240.19-0.320.660.210.23-0.720.780.530.51
0.740.430.870.130.930.25-0.030.880.410.54-0.54-0.590.260.70.560.570.83-0.140.730.570.71-0.640.730.680.73
-0.17-0.59-0.82-0.67-0.460.36-0.29-0.39-0.10.04-0.540.920.08-0.81-0.42-0.33-0.85-0.26-0.19-0.38-0.680.03-0.02-0.2-0.32
-0.24-0.6-0.85-0.55-0.520.3-0.3-0.46-0.190.02-0.590.92-0.1-0.82-0.55-0.5-0.86-0.07-0.26-0.52-0.760.19-0.16-0.19-0.3
0.60.37-0.01-0.310.440.080.210.540.330.470.260.08-0.10.130.630.720.1-0.880.620.670.51-0.320.310.450.44
0.470.760.860.750.75-0.480.370.710.140.050.7-0.81-0.820.130.790.710.96-0.10.50.750.920.010.160.520.65
0.660.740.530.430.75-0.440.440.790.190.160.56-0.42-0.550.630.790.990.68-0.630.70.950.94-0.030.220.630.71
0.70.670.480.280.76-0.320.380.810.230.240.57-0.33-0.50.720.710.990.62-0.70.740.940.9-0.150.310.640.71
0.490.680.950.610.8-0.250.240.750.250.190.83-0.85-0.860.10.960.680.62-0.010.510.650.87-0.220.330.510.63
-0.56-0.390.150.22-0.350.05-0.31-0.45-0.28-0.32-0.14-0.26-0.07-0.88-0.1-0.63-0.7-0.01-0.59-0.69-0.430.12-0.21-0.41-0.41
0.990.640.45-0.030.820.070.390.850.650.660.73-0.19-0.260.620.50.70.740.51-0.590.730.68-0.450.710.730.76
0.680.760.480.380.74-0.370.460.770.250.210.57-0.38-0.520.670.750.950.940.65-0.690.730.91-0.060.240.650.7
0.640.790.750.530.83-0.380.40.830.250.230.71-0.68-0.760.510.920.940.90.87-0.430.680.91-0.130.270.630.73
-0.510.13-0.410.62-0.51-0.820.39-0.49-0.47-0.72-0.640.030.19-0.320.01-0.03-0.15-0.220.12-0.45-0.06-0.13-0.89-0.3-0.27
0.770.120.47-0.450.660.64-0.120.640.620.780.73-0.02-0.160.310.160.220.310.33-0.210.710.240.27-0.890.480.46
0.740.350.480.110.830.05-0.020.860.040.530.68-0.2-0.190.450.520.630.640.51-0.410.730.650.63-0.30.480.97
0.760.480.570.220.89-0.040.080.910.110.510.73-0.32-0.30.440.650.710.710.63-0.410.760.70.73-0.270.460.97
Click cells to compare fundamentals

Orix Corp Account Relationship Matchups

Orix Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.1T13.6T14.3T15.3T16.3T10.2T
Short Long Term Debt Total4.6T4.7T4.9T5.7T6.2T5.0T
Other Current Liab(619.6B)(590.2B)(731.1B)(900.8B)2.0T2.1T
Total Current Liabilities619.6B568.0B731.1B875.6B3.1T3.2T
Total Stockholder Equity3.0T3.0T3.3T3.4T3.9T4.1T
Property Plant And Equipment Net2.1T2.1T2.2T2.4T938.0B1.5T
Net Debt3.6T3.8T3.9T4.5T5.2T3.2T
Retained Earnings2.8T2.7T2.9T3.0T3.3T3.4T
Accounts Payable282.7B260.7B291.4B366.9B362.5B213.4B
Cash982.7B951.2B954.8B1.2T1.0T698.7B
Non Current Assets Total5.2T5.7T6.1T6.3T8.2T8.6T
Non Currrent Assets Other(470.9B)(534.2B)(534.9B)(676.0B)(5.6T)(5.3T)
Other Assets3.9T3.5T3.6T3.9T1.1T1.0T
Cash And Short Term Investments2.6T3.0T3.1T3.5T1.1T1.2T
Net Receivables1.4T1.4T1.4T2.0T5.5T5.8T
Common Stock Shares Outstanding1.3B1.2B1.2B1.2B1.2B1.2B
Liabilities And Stockholders Equity13.1T13.6T14.3T15.3T16.3T10.2T
Non Current Liabilities Total4.6T4.8T4.8T5.6T9.2T9.7T
Other Stockholder Equity(2.6T)(5.3T)(2.8T)(6.0T)103.5B108.7B
Total Liab10.0T10.5T10.9T11.8T12.3T8.3T
Property Plant And Equipment Gross888.0B2.1T2.3T2.4T2.1T2.2T
Total Current Assets4.0T4.4T4.6T5.0T7.0T7.4T
Accumulated Other Comprehensive Income(118.5B)(84.7B)(16.0B)(8.4B)357.1B375.0B
Short Term Debt336.8B307.3B439.6B508.8B622.3B694.0B
Other Liab3.2T5.1T5.3T4.2T4.8T5.0T
Long Term Debt4.3T4.4T4.4T5.2T5.6T5.9T
Good Will443.8B495.3B488.9B627.7B66.5B63.2B
Short Term Investments1.6T2.0T2.2T2.2T2.0B1.9B
Inventory126.0B142.2B139.6B169.0B227.4B121.7B
Other Current Assets(5.8T)155.5B(5.9T)189.3B209.3B219.7B
Treasury Stock(75.5B)(75.9B)(121.1B)(112.0B)(100.8B)(95.7B)
Intangible Assets462.2B489.3B473.9B590.4B612.7B643.3B
Property Plant Equipment888.0B738.3B792.4B2.4T2.8T2.9T
Net Tangible Assets2.0T2.1T3.0T3.3T3.8T2.0T
Long Term Investments3.1T3.5T3.8T3.9T4.6T2.8T
Short Long Term Debt336.8B307.3B439.6B508.8B570.8B525.4B
Long Term Debt Total4.3T4.4T4.4T5.2T6.0T4.2T

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