| 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 Other Assets and its Total Current Liabilities 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.
Other Assets vs Total Current Liabilities
Other Assets vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Orix Corp Ads Other Assets account and
Total Current Liabilities. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Orix Corp's Other Assets and Total Current Liabilities is -0.55. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Total Current Liabilities 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 Other Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Orix Corp Ads are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Assets i.e., Orix Corp's Other Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.55 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Other Assets
Total Current Liabilities
Total Current Liabilities is an item on Orix Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Orix Corp Ads are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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
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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.