Old Total Liab vs Retained Earnings 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 Total Liab and its Retained Earnings 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.
Total Liab vs Retained Earnings
Total Liab vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Old National Bancorp Total Liab account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.
The correlation between Old National's Total Liab and Retained Earnings is 0.79. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Retained Earnings 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 Total Liab and Retained Earnings 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 Liab of Old National Bancorp are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Liab i.e., Old National's Total Liab and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.79 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.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 |
Old National fundamental ratios Correlations
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Old National Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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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 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: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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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.