Old Common Stock vs Long Term Debt Analysis

ONB Stock

USD 21.65 0.49 2.32%

Old National financial indicator trend analysis is much more than just breaking down Old National Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Old National Bancorp is a good investment. Please check the relationship between Old National Common Stock and its Long Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old National Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Common Stock vs Long Term Debt

Common Stock vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Old National Bancorp Common Stock account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.

The correlation between Old National's Common Stock and Long Term Debt is 0.75. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Old National Bancorp, assuming nothing else is changed. The correlation between historical values of Old National's Common Stock and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Old National Bancorp are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Common Stock i.e., Old National's Common Stock and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.75

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Common Stock

Long Term Debt

Long-term debt is a debt that Old National Bancorp has held for over one year. Long-term debt appears on Old National Bancorp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Old National Bancorp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Old National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Old National Bancorp 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 Old National Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At present, Old National's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 204.1 M, whereas Issuance Of Capital Stock is forecasted to decline to about 748.4 K.

	2021	2022	2023	2024 (projected)
Operating Income	338.9M	671.0M	751.3M	788.9M
Other Operating Expenses	471.8M	71.3M	1.0B	1.1B

Operating Income Other Operating Expenses

Old National fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock Total Equity	Common Stock	Other Liab	Accounts Payable	Long Term Debt
Common Stock Shares Outstanding		0.99	0.98	0.58	0.62	0.99	0.83	0.97	0.96	0.5	0.12	0.08	0.86	-0.1	0.97	0.77	-0.19	0.85	0.93	-0.05	-0.13	0.99	0.98	-0.23	-0.35	0.72
Total Assets	0.99		0.98	0.55	0.62	0.99	0.81	0.98	0.98	0.53	0.03	0.07	0.87	-0.16	0.99	0.81	-0.18	0.88	0.91	-0.14	-0.17	0.99	0.99	-0.2	-0.3	0.76
Short Long Term Debt Total	0.98	0.98		0.57	0.66	0.97	0.79	0.99	0.96	0.45	0.01	0.11	0.89	-0.19	0.99	0.79	-0.19	0.89	0.9	-0.1	-0.02	0.98	0.98	-0.26	-0.38	0.76
Other Current Liab	0.58	0.55	0.57		0.87	0.57	0.4	0.61	0.56	-0.23	-0.02	0.61	0.55	-0.19	0.62	0.15	-0.75	0.59	0.56	0.31	0.1	0.64	0.58	-0.18	-0.42	0.64
Total Current Liabilities	0.62	0.62	0.66	0.87		0.63	0.43	0.67	0.63	-0.09	-0.12	0.58	0.73	-0.31	0.71	0.25	-0.62	0.72	0.6	0.35	0.2	0.7	0.63	-0.27	-0.44	0.72
Total Stockholder Equity	0.99	0.99	0.97	0.57	0.63		0.85	0.97	0.98	0.54	0.12	0.09	0.86	-0.08	0.97	0.77	-0.2	0.84	0.94	-0.08	-0.18	0.99	0.99	-0.26	-0.32	0.74
Property Plant And Equipment Net	0.83	0.81	0.79	0.4	0.43	0.85		0.74	0.81	0.67	0.48	-0.15	0.75	0.31	0.75	0.63	0.05	0.54	0.97	0.13	-0.11	0.79	0.83	-0.6	-0.36	0.38
Net Debt	0.97	0.98	0.99	0.61	0.67	0.97	0.74		0.95	0.37	-0.05	0.16	0.89	-0.26	0.99	0.77	-0.27	0.91	0.86	-0.12	-0.1	0.98	0.97	-0.21	-0.41	0.78
Retained Earnings	0.96	0.98	0.96	0.56	0.63	0.98	0.81	0.95		0.56	0.13	0.2	0.8	-0.04	0.95	0.7	-0.27	0.79	0.92	-0.12	-0.21	0.97	0.97	-0.27	-0.22	0.82
Cash	0.5	0.53	0.45	-0.23	-0.09	0.54	0.67	0.37	0.56		0.48	-0.39	0.33	0.47	0.4	0.52	0.47	0.2	0.59	-0.12	-0.34	0.44	0.52	-0.23	0.28	0.22
Non Current Assets Total	0.12	0.03	0.01	-0.02	-0.12	0.12	0.48	-0.05	0.13	0.48		0.0	-0.11	0.95	-0.08	-0.25	0.16	-0.36	0.34	0.55	-0.09	0.02	0.07	-0.44	0.16	-0.18
Non Currrent Assets Other	0.08	0.07	0.11	0.61	0.58	0.09	-0.15	0.16	0.2	-0.39	0.0		-0.03	-0.07	0.14	-0.45	-0.86	0.06	0.05	0.28	0.05	0.15	0.08	0.0	0.0	0.59
Other Assets	0.86	0.87	0.89	0.55	0.73	0.86	0.75	0.89	0.8	0.33	-0.11	-0.03		-0.3	0.91	0.78	-0.13	0.91	0.83	0.04	0.05	0.89	0.88	-0.42	-0.56	0.59
Cash And Short Term Investments	-0.1	-0.16	-0.19	-0.19	-0.31	-0.08	0.31	-0.26	-0.04	0.47	0.95	-0.07	-0.3		-0.28	-0.37	0.24	-0.55	0.15	0.45	-0.13	-0.19	-0.11	-0.41	0.29	-0.31
Net Receivables	0.97	0.99	0.99	0.62	0.71	0.97	0.75	0.99	0.95	0.4	-0.08	0.14	0.91	-0.28		0.8	-0.25	0.93	0.87	-0.13	-0.09	0.99	0.98	-0.2	-0.38	0.79
Non Current Liabilities Total	0.77	0.81	0.79	0.15	0.25	0.77	0.63	0.77	0.7	0.52	-0.25	-0.45	0.78	-0.37	0.8		0.24	0.82	0.65	-0.45	-0.16	0.77	0.79	-0.03	-0.28	0.41
Other Stockholder Equity	-0.19	-0.18	-0.19	-0.75	-0.62	-0.2	0.05	-0.27	-0.27	0.47	0.16	-0.86	-0.13	0.24	-0.25	0.24		-0.22	-0.15	-0.13	0.07	-0.27	-0.19	0.05	0.2	-0.58
Total Liab	0.85	0.88	0.89	0.59	0.72	0.84	0.54	0.91	0.79	0.2	-0.36	0.06	0.91	-0.55	0.93	0.82	-0.22		0.68	-0.14	0.02	0.9	0.86	-0.02	-0.41	0.72
Property Plant And Equipment Gross	0.93	0.91	0.9	0.56	0.6	0.94	0.97	0.86	0.92	0.59	0.34	0.05	0.83	0.15	0.87	0.65	-0.15	0.68		0.08	-0.11	0.91	0.93	-0.52	-0.38	0.6
Total Current Assets	-0.05	-0.14	-0.1	0.31	0.35	-0.08	0.13	-0.12	-0.12	-0.12	0.55	0.28	0.04	0.45	-0.13	-0.45	-0.13	-0.14	0.08		0.35	-0.07	-0.1	-0.37	-0.13	-0.16
Short Term Debt	-0.13	-0.17	-0.02	0.1	0.2	-0.18	-0.11	-0.1	-0.21	-0.34	-0.09	0.05	0.05	-0.13	-0.09	-0.16	0.07	0.02	-0.11	0.35		-0.13	-0.16	-0.08	-0.22	-0.16
Common Stock Total Equity	0.99	0.99	0.98	0.64	0.7	0.99	0.79	0.98	0.97	0.44	0.02	0.15	0.89	-0.19	0.99	0.77	-0.27	0.9	0.91	-0.07	-0.13		0.99	-0.21	-0.36	0.78
Common Stock	0.98	0.99	0.98	0.58	0.63	0.99	0.83	0.97	0.97	0.52	0.07	0.08	0.88	-0.11	0.98	0.79	-0.19	0.86	0.93	-0.1	-0.16	0.99		-0.26	-0.33	0.75
Other Liab	-0.23	-0.2	-0.26	-0.18	-0.27	-0.26	-0.6	-0.21	-0.27	-0.23	-0.44	0.0	-0.42	-0.41	-0.2	-0.03	0.05	-0.02	-0.52	-0.37	-0.08	-0.21	-0.26		0.5	0.02
Accounts Payable	-0.35	-0.3	-0.38	-0.42	-0.44	-0.32	-0.36	-0.41	-0.22	0.28	0.16	0.0	-0.56	0.29	-0.38	-0.28	0.2	-0.41	-0.38	-0.13	-0.22	-0.36	-0.33	0.5		0.01
Long Term Debt	0.72	0.76	0.76	0.64	0.72	0.74	0.38	0.78	0.82	0.22	-0.18	0.59	0.59	-0.31	0.79	0.41	-0.58	0.72	0.6	-0.16	-0.16	0.78	0.75	0.02	0.01

Click cells to compare fundamentals

Old National Account Relationship Matchups

Old National fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	172.7M	166.2M	165.9M	276.7M	291.9M	306.4M
Total Assets	20.4B	23.0B	24.5B	46.8B	49.1B	51.5B
Short Long Term Debt Total	2.2B	2.3B	2.3B	4.8B	5.3B	5.6B
Other Current Liab	17.3B	86.6M	76.2M	212.0M	26.6B	27.9B
Total Current Liabilities	99.5M	86.6M	76.2M	212.0M	26.8B	28.2B
Total Stockholder Equity	2.9B	3.0B	3.0B	5.1B	5.6B	5.8B
Property Plant And Equipment Net	586.4M	540.6M	545.7M	747.0M	565.4M	593.7M
Net Debt	1.9B	1.7B	1.4B	4.1B	4.9B	5.1B
Retained Earnings	682.2M	783.9M	968.0M	1.2B	1.6B	1.7B
Cash	276.3M	589.7M	822.0M	728.4M	430.9M	308.8M
Non Current Assets Total	7.3B	7.8B	9.2B	2.9B	2.7B	3.3B
Non Currrent Assets Other	(29.7M)	(113.9M)	(32.9M)	(10.8B)	5.4B	5.7B
Other Assets	7.4B	8.5B	7.0B	43.0B	39.3B	41.2B
Cash And Short Term Investments	5.7B	6.6B	8.2B	1.0B	430.9M	409.3M
Net Receivables	85.1M	85.3M	84.1M	190.5M	219.1M	230.1M
Liabilities And Stockholders Equity	20.4B	23.0B	24.5B	46.8B	49.1B	51.5B
Non Current Liabilities Total	2.2B	2.3B	2.3B	41.4B	16.7B	17.5B
Other Stockholder Equity	(682.2M)	1.9B	1.9B	4.2B	(1.8B)	(1.8B)
Total Liab	2.2B	2.3B	2.3B	41.6B	43.5B	45.7B
Property Plant And Equipment Gross	586.4M	540.6M	545.7M	747.0M	778.1M	817.0M
Total Current Assets	5.7B	6.6B	8.3B	918.9M	7.1B	4.7B
Accumulated Other Comprehensive Income	56.2M	147.8M	(2.4M)	(786.4M)	(738.8M)	(701.9M)
Short Term Debt	99.5M	86.6M	76.2M	212.0M	285.6M	449.3M
Common Stock Total Equity	169.6M	165.4M	165.8M	292.9M	336.8M	353.7M
Common Stock	2.8B	2.8B	3.0B	5.9B	6.3B	6.6B
Other Liab	2.7M	14.7M	67.5M	97.5M	87.8M	95.9M
Accounts Payable	161.6M	187.4M	18.6B	835.7M	752.1M	714.5M
Long Term Debt	243.7M	252.8M	2.2B	743.0M	5.0B	5.3B
Short Term Investments	5.4B	6.0B	7.4B	6.8B	6.7B	7.0B
Inventory	(363.6M)	(676.3M)	(908.2M)	10.8M	9.8M	10.2M
Intangible Assets	25.4M	46.0M	34.7M	126.4M	102.3M	107.4M
Property Plant Equipment	490.9M	540.6M	545.7M	747.0M	859.1M	902.0M
Good Will	1.1B	1.1B	1.0B	2.0B	2.3B	2.4B
Other Current Assets	363.6M	676.3M	908.2M	(275.0M)	1.2B	1.1B
Net Tangible Assets	1.8B	1.9B	1.9B	2.8B	3.2B	3.3B
Retained Earnings Total Equity	682.2M	783.9M	968.0M	1.2B	1.4B	1.5B
Long Term Debt Total	243.7M	252.8M	296.7M	743.0M	668.7M	367.4M
Capital Surpluse	1.9B	1.9B	1.9B	4.2B	4.8B	5.0B
Long Term Investments	17.5B	6.0B	7.6B	11.9M	9.8B	9.9B

Also Currently Popular

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.

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

When determining whether Old National Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Old National'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 Old National Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Old National Bancorp Stock:

How To Invest In Old

Details

Is Old Stock a good investment?

Details

What is Old National's Net Worth?

Details

Largest Regional Banks Companies

View

Largest Banks - Regional Companies

View

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old National Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Is Regional Banks 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 National. 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 National 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

(0.10)

Dividend Share

0.56

Earnings Share

1.65

Revenue Per Share

5.767

Quarterly Revenue Growth

0.046

The market value of Old National Bancorp 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 National's value that differs from its market value or its book value, called intrinsic value, which is Old National'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 National's market value can be influenced by many factors that don't directly affect Old National'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 National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old National'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Old Common Stock vs Long Term Debt Analysis

Common Stock vs Long Term Debt

Common Stock vs Long Term Debt Correlation Analysis

Correlation Coefficient

Common Stock

Long Term Debt

Old National fundamental ratios Correlations

Old National Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Old National fundamental ratios Accounts

Also Currently Popular

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Assets	+ 0.99	Common Stock Shares Outstanding
Total Stockholder Equity	+ 0.99	Common Stock Shares Outstanding
Common Stock Total Equity	+ 0.99	Common Stock Shares Outstanding
Total Stockholder Equity	+ 0.99	Total Assets
Net Receivables	+ 0.99	Total Assets
Common Stock Total Equity	+ 0.99	Total Assets

Other Stockholder Equity	- 0.86	Non Currrent Assets Other
Other Stockholder Equity	- 0.75	Other Current Liab
Other Stockholder Equity	- 0.62	Total Current Liabilities
Other Liab	- 0.6	Property Plant And Equipment Net
Long Term Debt	- 0.58	Other Stockholder Equity
Accounts Payable	- 0.56	Other Assets