Orion Property Plant And Equipment Gross vs Non Current Assets Total Analysis

OESX Stock  USD 0.82  0.02  2.38%   
Orion Energy financial indicator trend analysis is much more than just breaking down Orion Energy Systems prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orion Energy Systems is a good investment. Please check the relationship between Orion Energy Property Plant And Equipment Gross and its Non Current Assets Total accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orion Energy Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Property Plant And Equipment Gross vs Non Current Assets Total

Property Plant And Equipment Gross vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orion Energy Systems Property Plant And Equipment Gross account and Non Current Assets Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Orion Energy's Property Plant And Equipment Gross and Non Current Assets Total is 0.44. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Orion Energy Systems, assuming nothing else is changed. The correlation between historical values of Orion Energy's Property Plant And Equipment Gross and Non Current Assets 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 Property Plant And Equipment Gross of Orion Energy Systems are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Property Plant And Equipment Gross i.e., Orion Energy's Property Plant And Equipment Gross and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant And Equipment Gross

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Orion Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orion Energy Systems 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 Orion Energy Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Tax Provision is likely to rise to about 59.8 K in 2024, whereas Selling General Administrative is likely to drop slightly above 13.7 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue124.4M77.4M90.6M80.2M
Interest Expense80K339K847K1.1M

Orion Energy fundamental ratios Correlations

0.180.93-0.480.640.910.530.670.660.240.010.590.370.920.170.40.690.750.290.14-0.440.710.660.510.5-0.65
0.18-0.080.320.15-0.010.08-0.40.160.290.870.320.680.330.090.470.170.21-0.330.530.660.380.160.090.33-0.31
0.93-0.08-0.560.580.970.670.760.6-0.03-0.30.40.020.74-0.070.070.60.830.57-0.19-0.620.550.450.620.42-0.46
-0.480.32-0.56-0.88-0.41-0.2-0.53-0.87-0.160.22-0.38-0.08-0.46-0.16-0.14-0.26-0.28-0.3-0.030.650.04-0.19-0.160.10.34
0.640.150.58-0.880.460.240.361.00.320.190.580.420.70.220.390.360.410.130.29-0.340.170.340.210.06-0.54
0.91-0.010.97-0.410.460.770.790.49-0.09-0.240.270.050.68-0.10.10.580.850.6-0.17-0.510.610.420.570.44-0.38
0.530.080.67-0.20.240.770.590.28-0.47-0.14-0.22-0.170.22-0.38-0.180.180.790.82-0.38-0.160.31-0.010.420.280.06
0.67-0.40.76-0.530.360.790.590.380.04-0.40.11-0.020.450.120.140.580.440.54-0.12-0.680.380.450.30.32-0.2
0.660.160.6-0.871.00.490.280.380.30.190.570.410.710.190.380.370.440.160.28-0.350.190.340.230.08-0.54
0.240.29-0.03-0.160.32-0.09-0.470.040.30.460.780.790.530.780.780.5-0.3-0.760.74-0.120.260.62-0.140.3-0.74
0.010.87-0.30.220.19-0.24-0.14-0.40.190.460.240.790.250.320.60.16-0.15-0.50.70.740.210.25-0.220.25-0.2
0.590.320.4-0.380.580.27-0.220.110.570.780.240.630.80.560.60.530.19-0.450.46-0.350.420.630.240.36-0.93
0.370.680.02-0.080.420.05-0.17-0.020.410.790.790.630.620.680.950.41-0.04-0.570.910.240.530.6-0.160.28-0.62
0.920.330.74-0.460.70.680.220.450.710.530.250.80.620.410.620.680.52-0.060.42-0.310.680.790.360.47-0.81
0.170.09-0.07-0.160.22-0.1-0.380.120.190.780.320.560.680.410.780.22-0.42-0.580.59-0.130.320.67-0.420.24-0.51
0.40.470.07-0.140.390.1-0.180.140.380.780.60.60.950.620.780.39-0.09-0.520.910.060.580.66-0.210.19-0.6
0.690.170.6-0.260.360.580.180.580.370.50.160.530.410.680.220.390.340.010.26-0.310.560.720.470.75-0.49
0.750.210.83-0.280.410.850.790.440.44-0.3-0.150.19-0.040.52-0.42-0.090.340.64-0.24-0.280.510.10.650.27-0.3
0.29-0.330.57-0.30.130.60.820.540.16-0.76-0.5-0.45-0.57-0.06-0.58-0.520.010.64-0.65-0.30.04-0.210.430.030.41
0.140.53-0.19-0.030.29-0.17-0.38-0.120.280.740.70.460.910.420.590.910.26-0.24-0.650.270.370.43-0.27-0.02-0.44
-0.440.66-0.620.65-0.34-0.51-0.16-0.68-0.35-0.120.74-0.350.24-0.31-0.130.06-0.31-0.28-0.30.27-0.11-0.2-0.3-0.030.38
0.710.380.550.040.170.610.310.380.190.260.210.420.530.680.320.580.560.510.040.37-0.110.630.140.54-0.5
0.660.160.45-0.190.340.42-0.010.450.340.620.250.630.60.790.670.660.720.1-0.210.43-0.20.630.150.63-0.55
0.510.090.62-0.160.210.570.420.30.23-0.14-0.220.24-0.160.36-0.42-0.210.470.650.43-0.27-0.30.140.150.29-0.18
0.50.330.420.10.060.440.280.320.080.30.250.360.280.470.240.190.750.270.03-0.02-0.030.540.630.29-0.32
-0.65-0.31-0.460.34-0.54-0.380.06-0.2-0.54-0.74-0.2-0.93-0.62-0.81-0.51-0.6-0.49-0.30.41-0.440.38-0.5-0.55-0.18-0.32
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Orion Energy Account Relationship Matchups

Orion Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets72.6M92.8M86.8M71.6M63.2M81.9M
Short Long Term Debt Total10.1M49K35K10.0M12.1M6.9M
Total Stockholder Equity31.0M58.1M65.1M33.2M22.5M39.9M
Net Debt(18.7M)(19.3M)(14.4M)(6.0M)7.0M7.3M
Cash28.8M19.4M14.5M16.0M5.2M4.9M
Non Current Assets Total17.6M36.3M35.6M21.2M18.3M28.5M
Non Currrent Assets Other3.6M3.2M3.5M3.3M1.0M986.1K
Other Assets817K20.4M21.3M586K1.00.95
Cash And Short Term Investments28.8M19.4M14.5M16.0M5.2M4.9M
Common Stock Shares Outstanding31.0M31.3M31.3M31.7M32.5M25.3M
Liabilities And Stockholders Equity72.6M92.8M86.8M71.6M63.2M81.9M
Non Current Liabilities Total14.3M4.4M3.3M13.9M12.6M8.5M
Other Stockholder Equity120.3M121.2M122.2M124.7M125.6M103.6M
Total Liab41.5M34.7M21.7M38.3M40.6M27.1M
Total Current Assets55.0M56.5M51.2M50.4M44.8M53.5M
Other Current Liab7.2M11.3M7.5M10.3M8.2M6.0M
Total Current Liabilities27.2M30.4M18.4M24.5M28.1M20.6M
Other Liab1.4M1.7M3.3M2.0M2.4M1.6M
Property Plant And Equipment Net11.8M11.4M11.5M10.5M11.4M13.8M
Retained Earnings(89.3M)(63.2M)(57.1M)(91.4M)(103.1M)(97.9M)
Accounts Payable19.8M17.0M9.9M13.4M18.4M12.8M
Long Term Debt10.0M35K19K10.0M10M10.5M
Net Receivables11.0M16.5M14.3M15.0M18.6M16.3M
Inventory14.5M19.6M19.8M18.2M18.2M17.9M
Other Current Assets723K1.1M2.6M1.1M2.9M2.1M
Property Plant And Equipment Gross14.6M11.4M37.4M37.4M35.5M23.5M
Short Term Debt35K661K784K840K993K842.5K
Intangible Assets2.2M2.0M2.4M6.0M4.5M3.1M
Property Plant Equipment11.8M11.4M11.5M10.5M9.4M15.5M
Common Stock(36.1M)(36.2M)0.0(36.2M)(32.6M)(34.2M)
Current Deferred Revenue107K87K76K480K260K247K
Net Tangible Assets28.8M56.1M62.3M25.8M23.2M37.8M
Retained Earnings Total Equity(101.8M)(89.3M)(63.2M)(91.4M)(82.3M)(86.4M)
Long Term Debt Total4.0M9.3M10.0M10M11.5M6.7M
Capital Surpluse155.8M156.5M157.5M160.9M185.0M162.8M

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