Orange Non Current Liabilities Total vs Good Will Analysis

OBT Stock  USD 58.46  0.92  1.55%   
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 Non Current Liabilities Total and its Good Will 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.

Non Current Liabilities Total vs Good Will

Non Current Liabilities Total vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orange County Bancorp Non Current Liabilities Total account and Good Will. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Orange County's Non Current Liabilities Total and Good Will is 0.97. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Good Will 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 Non Current Liabilities Total and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Orange County Bancorp are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Non Current Liabilities Total i.e., Orange County's Non Current Liabilities Total and Good Will go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Liabilities Total

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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 Profit72.0M89.9M93.9M54.7M
Total Revenue72.0M89.9M93.9M54.7M

Orange County fundamental ratios Correlations

0.680.930.620.050.370.790.610.46-0.220.670.520.960.460.810.450.4-0.930.930.530.940.87-0.130.550.260.84
0.680.760.62-0.140.120.650.80.74-0.460.330.710.620.710.610.370.23-0.760.770.290.680.440.120.540.330.47
0.930.760.57-0.260.360.920.560.44-0.330.630.480.860.430.730.240.32-0.840.860.340.920.78-0.080.430.470.78
0.620.620.570.350.550.360.850.86-0.71-0.080.950.690.860.380.67-0.22-0.520.540.680.460.59-0.230.83-0.290.72
0.05-0.14-0.260.350.12-0.510.380.39-0.12-0.280.380.230.410.070.78-0.16-0.090.00.73-0.120.16-0.230.61-0.790.14
0.370.120.360.550.120.260.290.32-0.53-0.120.40.480.34-0.220.33-0.38-0.080.250.470.340.55-0.320.44-0.210.54
0.790.650.920.36-0.510.260.370.25-0.160.710.280.670.240.620.030.41-0.690.710.120.850.70.080.20.570.69
0.610.80.560.850.380.290.370.98-0.660.040.950.680.970.50.79-0.06-0.620.570.740.530.56-0.10.92-0.250.59
0.460.740.440.860.390.320.250.98-0.77-0.170.970.561.00.350.76-0.24-0.460.430.720.380.46-0.130.91-0.350.5
-0.22-0.46-0.33-0.71-0.12-0.53-0.16-0.66-0.770.46-0.76-0.38-0.770.03-0.40.720.09-0.14-0.5-0.22-0.320.49-0.690.29-0.32
0.670.330.63-0.08-0.28-0.120.710.04-0.170.46-0.170.51-0.180.69-0.060.85-0.710.64-0.010.70.50.16-0.090.60.41
0.520.710.480.950.380.40.280.950.97-0.76-0.170.60.970.370.74-0.25-0.490.480.70.40.5-0.140.89-0.350.59
0.960.620.860.690.230.480.670.680.56-0.380.510.60.560.730.590.21-0.870.870.70.880.9-0.290.70.070.86
0.460.710.430.860.410.340.240.971.0-0.77-0.180.970.560.330.78-0.26-0.450.410.740.380.47-0.140.93-0.380.51
0.810.610.730.380.07-0.220.620.50.350.030.690.370.730.330.360.58-0.910.80.350.720.60.070.380.30.61
0.450.370.240.670.780.330.030.790.76-0.4-0.060.740.590.780.36-0.05-0.430.380.940.320.6-0.050.92-0.630.58
0.40.230.32-0.22-0.16-0.380.41-0.06-0.240.720.85-0.250.21-0.260.58-0.05-0.550.48-0.160.370.160.56-0.230.510.18
-0.93-0.76-0.84-0.52-0.09-0.08-0.69-0.62-0.460.09-0.71-0.49-0.87-0.45-0.91-0.43-0.55-0.95-0.43-0.86-0.680.01-0.48-0.33-0.66
0.930.770.860.540.00.250.710.570.43-0.140.640.480.870.410.80.380.48-0.950.370.850.690.030.430.380.71
0.530.290.340.680.730.470.120.740.72-0.5-0.010.70.70.740.350.94-0.16-0.430.370.430.72-0.280.94-0.590.65
0.940.680.920.46-0.120.340.850.530.38-0.220.70.40.880.380.720.320.37-0.860.850.430.83-0.150.450.40.69
0.870.440.780.590.160.550.70.560.46-0.320.50.50.90.470.60.60.16-0.680.690.720.83-0.220.66-0.060.92
-0.130.12-0.08-0.23-0.23-0.320.08-0.1-0.130.490.16-0.14-0.29-0.140.07-0.050.560.010.03-0.28-0.15-0.22-0.260.25-0.06
0.550.540.430.830.610.440.20.920.91-0.69-0.090.890.70.930.380.92-0.23-0.480.430.940.450.66-0.26-0.510.63
0.260.330.47-0.29-0.79-0.210.57-0.25-0.350.290.6-0.350.07-0.380.3-0.630.51-0.330.38-0.590.4-0.060.25-0.51-0.07
0.840.470.780.720.140.540.690.590.5-0.320.410.590.860.510.610.580.18-0.660.710.650.690.92-0.060.63-0.07
Click cells to compare fundamentals

Orange County Account Relationship Matchups

Orange County fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.7B2.1B2.3B2.5B1.4B
Total Current Liabilities871.2M1.2B1.6B131.5M2.0B2.1B
Total Stockholder Equity120.9M135.4M182.8M138.1M165.4M130.0M
Property Plant And Equipment Net14.6M14.0M14.6M14.7M19.4M16.1M
Net Debt(17.1M)(98.9M)(283.8M)196.4M106.6M112.0M
Retained Earnings38.5M47.7M64.9M84.6M107.4M55.6M
Cash25.1M121.2M306.2M86.1M147.4M74.1M
Non Current Assets Total277.1M351.4M486.4M555.0M2.3B2.4B
Other Assets668.1M855.9M878.5M1.1B5.9M5.6M
Cash And Short Term Investments280.0M451.3M771.0M619.5M147.4M140.0M
Common Stock Shares Outstanding4.5M4.5M5.0M5.6M5.6M4.8M
Non Current Liabilities Total8M22.3M22.4M131.5M2.3B2.4B
Other Stockholder Equity84.3M83.7M118.5M118.9M119.3M86.9M
Total Liab8M22.3M22.4M2.1B2.3B2.4B
Total Current Assets283.2M457.6M777.6M625.9M147.4M140.0M
Intangible Assets2.2M2.0M1.7M1.4M1.1M2.1M
Short Long Term Debt Total8M22.3M22.4M282.4M254.0M266.7M
Net Receivables3.2M6.3M6.6M6.3M5.9M4.8M
Short Term Investments254.9M330.1M464.8M533.5M489.9M392.4M
Liabilities And Stockholders Equity1.2B1.7B2.1B2.3B2.5B1.7B
Other Current Assets28.3M127.5M312.8M92.4M153.3M178.4M
Accumulated Other Comprehensive Income(4.0M)1.8M(3.4M)(68.2M)(64.1M)(60.9M)
Other Liab751K716K636K1.3M1.4M908.4K
Net Tangible Assets114.5M128.1M175.8M131.4M151.1M134.5M
Accounts Payable1.1B1.5B1.9B23.9M21.5M20.4M
Long Term Debt8M22.3M22.4M150.9M29.5M46.3M
Net Invested Capital128.9M157.7M205.2M289.1M419.4M229.7M
Long Term Investments254.9M330.1M464.8M533.5M489.9M412.7M
Property Plant Equipment16.0M15.8M14.6M14.7M16.9M16.3M

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