Omnicom Total Current Liabilities vs Non Current Assets Total Analysis
OMC Stock | USD 101.94 2.86 2.89% |
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 Total Current Liabilities 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 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.
Total Current Liabilities vs Non Current Assets Total
Total Current Liabilities vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Omnicom Group Total Current Liabilities account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Omnicom's Total Current Liabilities and Non Current Assets Total is 0.97. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Current Assets Total 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 Total Current Liabilities 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 Total Current Liabilities of Omnicom Group 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 Total Current Liabilities i.e., Omnicom's Total Current Liabilities and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Liabilities
Total Current Liabilities is an item on Omnicom balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Omnicom Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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 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 Profit | 2.8B | 2.7B | 2.7B | 4.5B | Total Revenue | 14.3B | 14.3B | 14.7B | 9.3B |
Omnicom fundamental ratios Correlations
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Omnicom Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Omnicom fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 26.8B | 27.6B | 28.4B | 27.0B | 28.0B | 15.1B | |
Short Long Term Debt Total | 6.4B | 6.9B | 6.6B | 6.5B | 6.5B | 6.8B | |
Other Current Liab | 2.4B | 2.4B | 2.2B | 2.0B | 2.1B | 1.6B | |
Total Current Liabilities | 16.0B | 15.5B | 16.2B | 15.1B | 16.2B | 8.8B | |
Total Stockholder Equity | 2.9B | 3.1B | 3.3B | 3.3B | 3.6B | 2.4B | |
Property Plant And Equipment Net | 2.1B | 1.8B | 2.2B | 2.1B | 1.9B | 2.0B | |
Net Debt | 2.1B | 1.3B | 1.3B | 2.2B | 2.1B | 1.1B | |
Retained Earnings | 7.8B | 8.2B | 9.0B | 9.7B | 10.6B | 11.1B | |
Cash | 4.3B | 5.6B | 5.3B | 4.3B | 4.4B | 4.7B | |
Non Current Assets Total | 12.2B | 12.1B | 12.5B | 12.4B | 12.7B | 7.0B | |
Non Currrent Assets Other | 251.5M | 255M | 204.4M | 210.5M | 223.5M | 367.4M | |
Cash And Short Term Investments | 4.3B | 5.6B | 5.3B | 4.3B | 4.4B | 4.7B | |
Net Receivables | 7.8B | 7.8B | 8.5B | 8.1B | 8.7B | 4.9B | |
Common Stock Shares Outstanding | 220.9M | 216.2M | 215.6M | 207M | 201.4M | 302.6M | |
Liabilities And Stockholders Equity | 26.8B | 27.6B | 28.4B | 27.0B | 28.0B | 15.1B | |
Non Current Liabilities Total | 7.4B | 8.5B | 8.4B | 7.8B | 7.2B | 7.5B | |
Other Current Assets | 1.2B | 1.1B | 919.2M | 918.8M | 949.9M | 730.1M | |
Other Stockholder Equity | (3.8B) | (3.9B) | (4.5B) | (5.1B) | (5.7B) | (5.4B) | |
Total Liab | 23.4B | 24.1B | 24.6B | 22.8B | 23.4B | 12.4B | |
Total Current Assets | 14.6B | 15.6B | 15.9B | 14.6B | 15.4B | 8.1B | |
Short Term Debt | 612.5M | 3.9M | 234.7M | 224.8M | 761.4M | 799.5M | |
Intangible Assets | 338.2M | 298.5M | 298M | 313.4M | 366.9M | 348.6M | |
Inventory | 1.3B | 1.1B | 1.2B | 1.3B | 1.3B | 726.6M | |
Accounts Payable | 11.8B | 11.5B | 11.9B | 11.0B | 11.6B | 7.0B | |
Property Plant And Equipment Gross | 2.1B | 1.8B | 3.4B | 3.2B | 3.1B | 3.2B | |
Accumulated Other Comprehensive Income | (1.2B) | (1.2B) | (1.3B) | (1.4B) | (1.3B) | (1.3B) | |
Short Term Investments | 5.5M | 3.6M | 85M | (300K) | 60.7M | 0.0 | |
Other Liab | 1.3B | 1.3B | 1.4B | 1.2B | 1.4B | 832.6M | |
Other Assets | 251.5M | 1.6B | 204.4M | 210.5M | 189.5M | 313.8M | |
Long Term Debt | 4.5B | 5.8B | 5.7B | 5.6B | 4.9B | 4.0B | |
Good Will | 9.4B | 9.6B | 9.7B | 9.7B | 10.1B | 8.8B | |
Treasury Stock | (4.6B) | (4.7B) | (5.1B) | (5.7B) | (5.1B) | (5.4B) | |
Property Plant Equipment | 663.4M | 585.2M | 2.2B | 2.1B | 2.4B | 2.5B | |
Current Deferred Revenue | 1.2B | 1.4B | 1.6B | 1.5B | 1.4B | 1.2B | |
Net Tangible Assets | (5.4B) | (5.5B) | (5.5B) | (5.5B) | (5.0B) | (5.2B) | |
Noncontrolling Interest In Consolidated Entity | 519.8M | 492.5M | 503.5M | 524.3M | 602.9M | 477.3M | |
Retained Earnings Total Equity | 7.8B | 8.2B | 9.0B | 9.7B | 11.2B | 8.1B |
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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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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.