Omnicom Interest Income vs Income Before Tax Analysis

OMC Stock  USD 102.38  0.44  0.43%   
Omnicom financial indicator trend analysis is much more than just breaking down Omnicom Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Omnicom Group is a good investment. Please check the relationship between Omnicom Interest Income and its Income Before Tax accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Omnicom Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Interest Income vs Income Before Tax

Interest Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Omnicom Group Interest Income account and Income Before Tax. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Omnicom's Interest Income and Income Before Tax is -0.27. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Omnicom Group, assuming nothing else is changed. The correlation between historical values of Omnicom's Interest Income and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Omnicom Group are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Interest Income i.e., Omnicom's Interest Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.27
Relationship DirectionNegative 
Relationship StrengthInsignificant

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Omnicom income statement and is an important metric when analyzing Omnicom Group profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Omnicom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Omnicom Group 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 Omnicom Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
The current year's Enterprise Value is expected to grow to about 18.4 B, whereas Selling General Administrative is forecasted to decline to about 344.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit2.8B2.7B2.7B4.5B
Total Revenue14.3B14.3B14.7B9.3B

Omnicom fundamental ratios Correlations

0.80.830.990.820.560.720.650.750.990.50.760.990.510.860.79-0.51.01.00.130.630.920.970.41-0.890.08
0.80.550.780.620.860.570.750.960.770.520.960.770.510.970.49-0.530.80.810.380.40.730.80.76-0.870.08
0.830.550.80.850.220.710.650.440.870.720.440.830.770.690.9-0.60.80.78-0.080.850.820.730.05-0.7-0.02
0.990.780.80.750.520.70.620.740.970.510.740.990.50.830.81-0.470.990.990.220.620.910.990.37-0.910.02
0.820.620.850.750.460.640.780.540.870.610.540.810.70.720.75-0.690.760.780.020.760.740.690.37-0.630.05
0.560.860.220.520.460.360.60.860.530.160.860.490.20.770.16-0.390.550.570.390.050.460.550.95-0.610.13
0.720.570.710.70.640.360.660.340.760.430.350.730.50.580.63-0.660.70.670.250.630.770.640.26-0.570.0
0.650.750.650.620.780.60.660.60.690.70.610.650.750.730.53-0.940.60.610.470.610.670.560.57-0.56-0.08
0.750.960.440.740.540.860.340.60.70.41.00.710.360.930.39-0.360.770.780.30.250.650.790.76-0.840.14
0.990.770.870.970.870.530.760.690.70.540.710.980.570.850.83-0.560.980.980.110.690.920.940.39-0.870.07
0.50.520.720.510.610.160.430.70.40.540.40.550.950.590.74-0.610.470.460.220.840.490.480.06-0.59-0.21
0.760.960.440.740.540.860.350.611.00.710.40.710.360.930.39-0.360.770.790.290.250.650.790.76-0.850.15
0.990.770.830.990.810.490.730.650.710.980.550.710.570.840.82-0.510.980.980.160.690.910.970.36-0.90.01
0.510.510.770.50.70.20.50.750.360.570.950.360.570.590.74-0.660.470.460.140.890.490.450.12-0.56-0.18
0.860.970.690.830.720.770.580.730.930.850.590.930.840.590.6-0.510.860.870.170.530.790.850.65-0.920.1
0.790.490.90.810.750.160.630.530.390.830.740.390.820.740.6-0.440.780.760.020.860.690.77-0.03-0.74-0.05
-0.5-0.53-0.6-0.47-0.69-0.39-0.66-0.94-0.36-0.56-0.61-0.36-0.51-0.66-0.51-0.44-0.46-0.45-0.45-0.53-0.59-0.38-0.370.320.1
1.00.80.80.990.760.550.70.60.770.980.470.770.980.470.860.78-0.461.00.140.590.920.980.4-0.910.08
1.00.810.780.990.780.570.670.610.780.980.460.790.980.460.870.76-0.451.00.140.570.910.980.42-0.910.09
0.130.38-0.080.220.020.390.250.470.30.110.220.290.160.140.170.02-0.450.140.140.010.20.220.42-0.17-0.36
0.630.40.850.620.760.050.630.610.250.690.840.250.690.890.530.86-0.530.590.570.010.590.56-0.04-0.59-0.18
0.920.730.820.910.740.460.770.670.650.920.490.650.910.490.790.69-0.590.920.910.20.590.880.33-0.8-0.05
0.970.80.730.990.690.550.640.560.790.940.480.790.970.450.850.77-0.380.980.980.220.560.880.4-0.940.02
0.410.760.050.370.370.950.260.570.760.390.060.760.360.120.65-0.03-0.370.40.420.42-0.040.330.4-0.470.04
-0.89-0.87-0.7-0.91-0.63-0.61-0.57-0.56-0.84-0.87-0.59-0.85-0.9-0.56-0.92-0.740.32-0.91-0.91-0.17-0.59-0.8-0.94-0.47-0.04
0.080.08-0.020.020.050.130.0-0.080.140.07-0.210.150.01-0.180.1-0.050.10.080.09-0.36-0.18-0.050.020.04-0.04
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Omnicom Account Relationship Matchups

Omnicom fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets26.8B27.6B28.4B27.0B28.0B15.1B
Short Long Term Debt Total6.4B6.9B6.6B6.5B6.5B6.8B
Other Current Liab2.4B2.4B2.2B2.0B2.1B1.6B
Total Current Liabilities16.0B15.5B16.2B15.1B16.2B8.8B
Total Stockholder Equity2.9B3.1B3.3B3.3B3.6B2.4B
Property Plant And Equipment Net2.1B1.8B2.2B2.1B1.9B2.0B
Net Debt2.1B1.3B1.3B2.2B2.1B1.1B
Retained Earnings7.8B8.2B9.0B9.7B10.6B11.1B
Cash4.3B5.6B5.3B4.3B4.4B4.7B
Non Current Assets Total12.2B12.1B12.5B12.4B12.7B7.0B
Non Currrent Assets Other251.5M255M204.4M210.5M223.5M367.4M
Cash And Short Term Investments4.3B5.6B5.3B4.3B4.4B4.7B
Net Receivables7.8B7.8B8.5B8.1B8.7B4.9B
Common Stock Shares Outstanding220.9M216.2M215.6M207M201.4M302.6M
Liabilities And Stockholders Equity26.8B27.6B28.4B27.0B28.0B15.1B
Non Current Liabilities Total7.4B8.5B8.4B7.8B7.2B7.5B
Other Current Assets1.2B1.1B919.2M918.8M949.9M730.1M
Other Stockholder Equity(3.8B)(3.9B)(4.5B)(5.1B)(5.7B)(5.4B)
Total Liab23.4B24.1B24.6B22.8B23.4B12.4B
Total Current Assets14.6B15.6B15.9B14.6B15.4B8.1B
Short Term Debt612.5M3.9M234.7M224.8M761.4M799.5M
Intangible Assets338.2M298.5M298M313.4M366.9M348.6M
Inventory1.3B1.1B1.2B1.3B1.3B726.6M
Accounts Payable11.8B11.5B11.9B11.0B11.6B7.0B
Property Plant And Equipment Gross2.1B1.8B3.4B3.2B3.1B3.2B
Accumulated Other Comprehensive Income(1.2B)(1.2B)(1.3B)(1.4B)(1.3B)(1.3B)
Short Term Investments5.5M3.6M85M(300K)60.7M0.0
Other Liab1.3B1.3B1.4B1.2B1.4B832.6M
Other Assets251.5M1.6B204.4M210.5M189.5M313.8M
Long Term Debt4.5B5.8B5.7B5.6B4.9B4.0B
Good Will9.4B9.6B9.7B9.7B10.1B8.8B
Treasury Stock(4.6B)(4.7B)(5.1B)(5.7B)(5.1B)(5.4B)
Property Plant Equipment663.4M585.2M2.2B2.1B2.4B2.5B
Current Deferred Revenue1.2B1.4B1.6B1.5B1.4B1.2B
Net Tangible Assets(5.4B)(5.5B)(5.5B)(5.5B)(5.0B)(5.2B)
Noncontrolling Interest In Consolidated Entity519.8M492.5M503.5M524.3M602.9M477.3M
Retained Earnings Total Equity7.8B8.2B9.0B9.7B11.2B8.1B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Omnicom Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Omnicom's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Omnicom Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Omnicom Group Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Omnicom Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Advertising 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 Omnicom. If investors know Omnicom 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 Omnicom 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
0.048
Dividend Share
2.8
Earnings Share
7.32
Revenue Per Share
78.314
Quarterly Revenue Growth
0.085
The market value of Omnicom Group is measured differently than its book value, which is the value of Omnicom that is recorded on the company's balance sheet. Investors also form their own opinion of Omnicom's value that differs from its market value or its book value, called intrinsic value, which is Omnicom'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 Omnicom's market value can be influenced by many factors that don't directly affect Omnicom'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 Omnicom's value and its price as these two are different measures arrived at by different means. Investors typically determine if Omnicom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Omnicom'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.