Omnicell Extraordinary Items vs Gross Profit Analysis

OMCL Stock  USD 46.59  1.87  3.86%   
Omnicell financial indicator trend analysis is much more than just breaking down Omnicell prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Omnicell is a good investment. Please check the relationship between Omnicell Extraordinary Items and its Gross Profit accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Omnicell. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Omnicell Stock please use our How to buy in Omnicell Stock guide.

Extraordinary Items vs Gross Profit

Extraordinary Items vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Omnicell Extraordinary Items account and Gross Profit. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Omnicell's Extraordinary Items and Gross Profit is -0.41. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Omnicell, assuming nothing else is changed. The correlation between historical values of Omnicell's Extraordinary Items and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Extraordinary Items of Omnicell are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Extraordinary Items i.e., Omnicell's Extraordinary Items and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Extraordinary Items

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Omnicell minus its cost of goods sold. It is profit before Omnicell operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Omnicell's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Omnicell 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 Omnicell. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Omnicell Stock please use our How to buy in Omnicell Stock guide.Selling General Administrative is expected to rise to about 487.6 M this year, although the value of Tax Provision will most likely fall to (2.8 M).
 2021 2022 2023 2024 (projected)
Gross Profit554.7M589.0M496.8M521.7M
Total Revenue1.1B1.3B1.1B1.2B

Omnicell fundamental ratios Correlations

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0.650.580.450.550.710.720.630.730.330.720.720.480.650.610.50.480.68-0.910.30.420.680.480.750.570.43
0.770.70.60.460.780.110.770.730.40.740.290.810.730.280.730.810.68-0.160.30.750.580.770.790.740.95
0.850.80.770.410.790.330.810.840.690.790.450.790.820.410.860.790.8-0.260.420.750.740.850.790.870.83
0.910.640.840.750.910.690.880.920.80.940.880.60.930.790.820.590.99-0.410.680.580.740.780.890.880.69
0.940.930.930.740.90.290.90.840.690.890.640.880.920.570.950.880.82-0.230.480.770.850.780.880.950.85
0.980.850.790.771.00.540.970.950.60.980.740.860.960.70.880.850.92-0.520.750.790.790.890.880.930.87
0.990.880.880.80.940.530.930.940.80.940.740.850.980.660.990.840.91-0.30.570.740.870.880.950.930.84
0.870.80.680.560.870.230.880.850.510.840.420.850.840.360.820.840.78-0.270.430.950.830.690.850.870.84
Click cells to compare fundamentals

Omnicell Account Relationship Matchups

Omnicell fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.8B2.1B2.2B2.2B2.3B
Short Long Term Debt Total100.7M516.1M528.1M616.7M614.1M644.8M
Other Current Liab89.7M113.4M179.4M344.7M177.8M186.7M
Total Current Liabilities237.0M276.4M876.2M428.4M367.8M386.2M
Total Stockholder Equity845.3M967.5M1.1B1.1B1.2B1.2B
Other Liab57.9M64.5M79.7M46.2M53.1M33.7M
Property Plant And Equipment Net110.4M114.2M119.7M132.0M133.6M140.3M
Current Deferred Revenue90.9M100.1M112.2M118.9M132.3M138.9M
Net Debt(26.5M)30.2M179.0M286.4M146.1M153.4M
Retained Earnings258.8M290.7M368.6M390.7M370.4M388.9M
Accounts Payable46.4M40.3M71.5M63.4M45.0M25.0M
Cash127.2M485.9M349.1M330.4M468.0M491.4M
Non Current Assets Total757.6M995.1M1.4B1.3B1.3B1.4B
Non Currrent Assets Other151.9M176.2M191.3M164.5M64.4M52.5M
Long Term Debt135.4M50M467.2M566.6M569.7M598.1M
Cash And Short Term Investments127.2M485.9M349.1M330.4M468.0M491.4M
Net Receivables218.4M190.1M240.9M299.5M263.9M277.1M
Common Stock Total Equity51K53K54K55K49.5K47.0K
Common Stock Shares Outstanding42.9M43.7M47.9M45.9M45.2M36.4M
Liabilities And Stockholders Equity1.2B1.8B2.1B2.2B2.2B2.3B
Non Current Liabilities Total158.6M580.6M119.6M652.2M670.1M703.6M
Inventory108.0M96.3M119.9M147.5M110.1M115.6M
Other Current Assets15.2M57.1M70.8M104.4M85.6M89.9M
Other Stockholder Equity595.9M682.3M786.5M756.4M832.0M873.6M
Total Liab395.6M857.0M995.8M1.1B1.0B1.1B
Property Plant And Equipment Gross110.4M114.2M119.7M132.0M273.0M286.7M
Total Current Assets483.2M829.4M780.7M881.8M927.6M973.9M
Accumulated Other Comprehensive Income(9.4M)(5.5M)(8.4M)(17.1M)(13.4M)(14.1M)
Short Term Debt10.1M(55.4M)501.1M10.8M10.5M10.0M
Common Stock51K53K54K55K56K53.2K
Property Plant Equipment54.2M59.1M119.7M94.0M108.1M113.5M
Other Assets100.7M268.5M225.6M139.0M159.8M167.8M
Good Will336.5M499.3M738.9M734.3M735.8M772.6M
Intangible Assets124.9M168.2M277.6M242.9M277.8M291.7M
Net Tangible Assets845.3M967.5M130.2M153.0M175.9M297.7M
Retained Earnings Total Equity258.8M290.7M368.6M390.7M449.3M471.8M
Capital Surpluse780.9M920.4M1.0B1.0B1.2B729.3M
Deferred Long Term Liab39.1M4.3M51.7M2.1M1.9M1.8M

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When determining whether Omnicell is a strong investment it is important to analyze Omnicell's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Omnicell's future performance. For an informed investment choice regarding Omnicell Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Omnicell. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Omnicell Stock please use our How to buy in Omnicell Stock guide.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Health Care Technology 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 Omnicell. If investors know Omnicell 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 Omnicell 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
0.558
Earnings Share
(0.39)
Revenue Per Share
23.218
Quarterly Revenue Growth
(0.05)
Return On Assets
(0.01)
The market value of Omnicell is measured differently than its book value, which is the value of Omnicell that is recorded on the company's balance sheet. Investors also form their own opinion of Omnicell's value that differs from its market value or its book value, called intrinsic value, which is Omnicell'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 Omnicell's market value can be influenced by many factors that don't directly affect Omnicell'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 Omnicell's value and its price as these two are different measures arrived at by different means. Investors typically determine if Omnicell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Omnicell'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.