Orion Total Current Assets vs Other Current Assets Analysis
ONL Stock | USD 4.07 0.06 1.50% |
Orion Office financial indicator trend analysis is much more than just breaking down Orion Office Reit prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orion Office Reit is a good investment. Please check the relationship between Orion Office Total Current Assets and its Other Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orion Office Reit. 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 Current Assets vs Other Current Assets
Total Current Assets vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orion Office Reit Total Current Assets account and Other Current Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Orion Office's Total Current Assets and Other Current Assets is 0.33. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Orion Office Reit, assuming nothing else is changed. The correlation between historical values of Orion Office's Total Current Assets and Other Current Assets 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 Assets of Orion Office Reit are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Current Assets i.e., Orion Office's Total Current Assets and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from Orion Office's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orion Office Reit 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 Orion Office Reit. 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 this time, Orion Office's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 478.8 K this year, although Enterprise Value Over EBITDA will most likely fall to 6.38.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 61.2M | 208.8M | 109.1M | 84.3M | Interest Income | 4.1M | 29.9M | 34.4M | 36.1M |
Orion Office fundamental ratios Correlations
Click cells to compare fundamentals
Orion Office Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Try AI Portfolio ArchitectCheck out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orion Office Reit. 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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Real Estate Management & Development 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 Orion Office. If investors know Orion 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 Orion Office listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 0.4 | Earnings Share (1.55) | Revenue Per Share 3.037 | Quarterly Revenue Growth (0.20) | Return On Assets (0.01) |
The market value of Orion Office Reit is measured differently than its book value, which is the value of Orion that is recorded on the company's balance sheet. Investors also form their own opinion of Orion Office's value that differs from its market value or its book value, called intrinsic value, which is Orion Office'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 Orion Office's market value can be influenced by many factors that don't directly affect Orion Office'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 Orion Office's value and its price as these two are different measures arrived at by different means. Investors typically determine if Orion Office is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orion Office'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.