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 Net Tangible Assets and its Long Term Debt Total 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.
Net Tangible Assets vs Long Term Debt Total
Net Tangible Assets vs Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Orix Corp Ads Net Tangible Assets account and
Long Term Debt Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Orix Corp's Net Tangible Assets and Long Term Debt Total is 0.84. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Long Term Debt Total 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 Net Tangible Assets and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Orix Corp Ads are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Net Tangible Assets i.e., Orix Corp's Net Tangible Assets and Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Long Term Debt Total
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.
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
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.
Additional Tools for Orix Stock Analysis
When running Orix Corp's price analysis, check to
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
predict the probability of Orix Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orix Corp's price. Additionally, you may evaluate how the addition of Orix Corp to your portfolios can decrease your overall portfolio volatility.