Orange Net Receivables vs Property Plant Equipment Analysis
OBT Stock | USD 59.50 0.63 1.07% |
Orange County financial indicator trend analysis is much more than just breaking down Orange County Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orange County Bancorp is a good investment. Please check the relationship between Orange County Net Receivables and its Property Plant Equipment accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orange County Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Net Receivables vs Property Plant Equipment
Net Receivables vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orange County Bancorp Net Receivables account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Orange County's Net Receivables and Property Plant Equipment is 0.69. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Orange County Bancorp, assuming nothing else is changed. The correlation between historical values of Orange County's Net Receivables 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 Net Receivables of Orange County Bancorp 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 Net Receivables i.e., Orange County's Net Receivables and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Receivables
Property Plant Equipment
Most indicators from Orange County's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orange County Bancorp 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orange County Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. At this time, Orange County's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 11.97 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 72.0M | 89.9M | 93.9M | 54.7M | Total Revenue | 72.0M | 89.9M | 93.9M | 54.7M |
Orange County fundamental ratios Correlations
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Orange County Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Orange County fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.2B | 1.7B | 2.1B | 2.3B | 2.5B | 1.4B | |
Total Current Liabilities | 871.2M | 1.2B | 1.6B | 131.5M | 2.0B | 2.1B | |
Total Stockholder Equity | 120.9M | 135.4M | 182.8M | 138.1M | 165.4M | 130.0M | |
Property Plant And Equipment Net | 14.6M | 14.0M | 14.6M | 14.7M | 19.4M | 16.1M | |
Net Debt | (17.1M) | (98.9M) | (283.8M) | 196.4M | 106.6M | 112.0M | |
Retained Earnings | 38.5M | 47.7M | 64.9M | 84.6M | 107.4M | 55.6M | |
Cash | 25.1M | 121.2M | 306.2M | 86.1M | 147.4M | 74.1M | |
Non Current Assets Total | 277.1M | 351.4M | 486.4M | 555.0M | 2.3B | 2.4B | |
Other Assets | 668.1M | 855.9M | 878.5M | 1.1B | 5.9M | 5.6M | |
Cash And Short Term Investments | 280.0M | 451.3M | 771.0M | 619.5M | 147.4M | 140.0M | |
Common Stock Shares Outstanding | 4.5M | 4.5M | 5.0M | 5.6M | 5.6M | 4.8M | |
Non Current Liabilities Total | 8M | 22.3M | 22.4M | 131.5M | 2.3B | 2.4B | |
Other Stockholder Equity | 84.3M | 83.7M | 118.5M | 118.9M | 119.3M | 86.9M | |
Total Liab | 8M | 22.3M | 22.4M | 2.1B | 2.3B | 2.4B | |
Total Current Assets | 283.2M | 457.6M | 777.6M | 625.9M | 147.4M | 140.0M | |
Intangible Assets | 2.2M | 2.0M | 1.7M | 1.4M | 1.1M | 2.1M | |
Short Long Term Debt Total | 8M | 22.3M | 22.4M | 282.4M | 254.0M | 266.7M | |
Net Receivables | 3.2M | 6.3M | 6.6M | 6.3M | 5.9M | 4.8M | |
Short Term Investments | 254.9M | 330.1M | 464.8M | 533.5M | 489.9M | 392.4M | |
Liabilities And Stockholders Equity | 1.2B | 1.7B | 2.1B | 2.3B | 2.5B | 1.7B | |
Other Current Assets | 28.3M | 127.5M | 312.8M | 92.4M | 153.3M | 178.4M | |
Accumulated Other Comprehensive Income | (4.0M) | 1.8M | (3.4M) | (68.2M) | (64.1M) | (60.9M) | |
Other Liab | 751K | 716K | 636K | 1.3M | 1.4M | 908.4K | |
Net Tangible Assets | 114.5M | 128.1M | 175.8M | 131.4M | 151.1M | 134.5M | |
Accounts Payable | 1.1B | 1.5B | 1.9B | 23.9M | 21.5M | 20.4M | |
Long Term Debt | 8M | 22.3M | 22.4M | 150.9M | 29.5M | 46.3M | |
Net Invested Capital | 128.9M | 157.7M | 205.2M | 289.1M | 419.4M | 229.7M | |
Long Term Investments | 254.9M | 330.1M | 464.8M | 533.5M | 489.9M | 412.7M | |
Property Plant Equipment | 16.0M | 15.8M | 14.6M | 14.7M | 16.9M | 16.3M |
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When running Orange County's price analysis, check to measure Orange County'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 Orange County is operating at the current time. Most of Orange County's value examination focuses on studying past and present price action to predict the probability of Orange County's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orange County's price. Additionally, you may evaluate how the addition of Orange County to your portfolios can decrease your overall portfolio volatility.