Old Historical Balance Sheet
ODFL Stock | USD 224.11 1.86 0.82% |
Trend analysis of Old Dominion Freight balance sheet accounts such as Other Current Liab of 432.5 M provides information on Old Dominion's total assets, liabilities, and equity, which is the actual value of Old Dominion Freight to its prevalent stockholders. By breaking down trends over time using Old Dominion balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Old Dominion Freight latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Old Dominion Freight is a good buy for the upcoming year.
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About Old Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Old Dominion Freight at a specified time, usually calculated after every quarter, six months, or one year. Old Dominion Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Old Dominion and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Old currently owns. An asset can also be divided into two categories, current and non-current.
Old Dominion Balance Sheet Chart
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Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Assets
Total assets refers to the total amount of Old Dominion assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Old Dominion Freight books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Retained Earnings Total Equity
The portion of total equity that consists of earnings retained by the company, reinvested in its core business or used to pay debt.Most accounts from Old Dominion's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Old Dominion Freight current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Old Dominion Freight. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. At this time, Old Dominion's Retained Earnings are quite stable compared to the past year. Accounts Payable is expected to rise to about 118.4 M this year, although the value of Short and Long Term Debt Total will most likely fall to about 138 M.
2021 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 119.9M | 200.4M | 138.0M | Total Assets | 4.8B | 5.5B | 5.8B |
Old Dominion balance sheet Correlations
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Old Dominion Account Relationship Matchups
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Old Dominion balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 241.2M | 237.0M | 232.8M | 226.2M | 220.2M | 142.7M | |
Total Assets | 3.5B | 4.4B | 4.8B | 4.8B | 5.5B | 5.8B | |
Short Long Term Debt Total | 99.9M | 112.9M | 119.9M | 100.0M | 200.4M | 138.0M | |
Other Current Liab | 304.6M | 381.7M | 93.0M | 403.5M | 411.9M | 432.5M | |
Total Current Liabilities | 356.7M | 373.1M | 464.2M | 529.8M | 544.7M | 571.9M | |
Total Stockholder Equity | 2.7B | 3.3B | 3.7B | 3.7B | 4.3B | 4.5B | |
Property Plant And Equipment Net | 2.8B | 2.9B | 3.2B | 3.7B | 4.2B | 4.4B | |
Net Debt | (145.3M) | (301.5M) | (362.6M) | (86.3M) | (233.4M) | (221.8M) | |
Retained Earnings | 2.5B | 3.1B | 3.5B | 3.4B | 4.0B | 4.2B | |
Accounts Payable | 78.5M | 68.5M | 82.5M | 106.3M | 112.8M | 118.4M | |
Cash | 190.3M | 401.4M | 462.6M | 186.3M | 433.8M | 455.5M | |
Non Current Assets Total | 2.8B | 3.1B | 3.4B | 3.9B | 4.4B | 4.6B | |
Non Currrent Assets Other | 84.1M | (8.2M) | (26.6M) | (92.7M) | 157.3M | 165.1M | |
Cash And Short Term Investments | 190.3M | 731.7M | 717.0M | 235.7M | 433.8M | 455.5M | |
Net Receivables | 468.3M | 454.2M | 599.1M | 605.1M | 615.3M | 646.1M | |
Liabilities And Stockholders Equity | 3.5B | 4.4B | 4.8B | 4.8B | 5.5B | 5.8B | |
Non Current Liabilities Total | 508.1M | 670.0M | 677.5M | 655.9M | 709.9M | 745.4M | |
Inventory | (468.3M) | (454.2M) | (599.1M) | (605.1M) | (17.9M) | (18.8M) | |
Other Current Assets | 511.6M | 666.8M | 698.1M | 92.9M | 94.2M | 183.7M | |
Other Stockholder Equity | 1.5B | 226.5M | 174.4M | 244.6M | 243.0M | 475.8M | |
Total Liab | 864.8M | 1.0B | 1.1B | 1.2B | 1.3B | 1.3B | |
Total Current Assets | 706.2M | 1.2B | 1.4B | 933.7M | 1.1B | 1.2B | |
Common Stock Total Equity | 8.0M | 11.7M | 11.5M | 11.0M | 12.7M | 13.3M | |
Property Plant And Equipment Gross | 3.0B | 2.9B | 5.1B | 5.8B | 6.2B | 6.6B | |
Common Stock | 8.1M | 11.7M | 11.5M | 11.0M | 10.9M | 6.1M | |
Other Liab | 447.7M | 570.1M | 577.6M | 495.1M | 569.4M | 597.9M | |
Other Assets | 75.1M | 2.7B | 222.1M | 122.6M | 1.0 | 0.95 | |
Property Plant Equipment | 3.0B | 2.9B | 3.2B | 3.7B | 4.2B | 4.5B | |
Net Tangible Assets | 3.1B | 3.3B | 3.7B | 3.7B | 4.2B | 2.3B | |
Retained Earnings Total Equity | 2.9B | 3.1B | 3.5B | 3.4B | 3.9B | 2.1B | |
Capital Surpluse | 222.4M | 226.5M | 174.4M | 244.6M | 281.3M | 173.3M | |
Deferred Long Term Liab | 262.0M | 220.2M | 248.7M | 310.5M | 357.1M | 234.8M |
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Try AI Portfolio ArchitectCheck out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old Dominion Freight. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Old Dominion. If investors know Old will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Old Dominion listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.07) | Dividend Share 0.98 | Earnings Share 5.67 | Revenue Per Share 27.363 | Quarterly Revenue Growth (0.03) |
The market value of Old Dominion Freight is measured differently than its book value, which is the value of Old that is recorded on the company's balance sheet. Investors also form their own opinion of Old Dominion's value that differs from its market value or its book value, called intrinsic value, which is Old Dominion's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Old Dominion's market value can be influenced by many factors that don't directly affect Old Dominion's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Old Dominion's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old Dominion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old Dominion's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.