Orange Other Liab vs Accounts Payable Analysis
ORAN Stock | USD 10.44 0.02 0.19% |
Orange SA financial indicator trend analysis is much more than just breaking down Orange SA ADR prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orange SA ADR is a good investment. Please check the relationship between Orange SA Other Liab and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orange SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Other Liab vs Accounts Payable
Other Liab vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orange SA ADR Other Liab account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Orange SA's Other Liab and Accounts Payable is 0.59. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Orange SA ADR, assuming nothing else is changed. The correlation between historical values of Orange SA's Other Liab and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Orange SA ADR are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Liab i.e., Orange SA's Other Liab and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Liab
Accounts Payable
An accounting item on the balance sheet that represents Orange SA obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Orange SA ADR are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Orange SA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orange SA ADR 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 Orange SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. As of the 22nd of November 2024, Issuance Of Capital Stock is likely to grow to about 8.5 M, while Selling General Administrative is likely to drop about 7.7 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 24.5B | 24.7B | 7.7B | 7.3B | Total Revenue | 42.5B | 43.5B | 44.1B | 46.4B |
Orange SA fundamental ratios Correlations
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Orange SA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Orange SA fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 106.3B | 107.7B | 108.1B | 109.7B | 113.7B | 105.2B | |
Short Long Term Debt Total | 43.6B | 42.6B | 43.4B | 46.0B | 52.7B | 45.8B | |
Other Current Liab | 13.7B | 10.2B | 10.2B | 10.4B | 18.7B | 10.0B | |
Total Current Liabilities | 27.7B | 28.3B | 27.3B | 29.2B | 30.5B | 22.2B | |
Total Stockholder Equity | 31.7B | 34.4B | 32.3B | 31.8B | 26.9B | 27.4B | |
Property Plant And Equipment Net | 34.7B | 36.1B | 38.2B | 39.6B | 41.4B | 32.3B | |
Net Debt | 37.1B | 34.5B | 34.8B | 40.0B | 47.0B | 29.4B | |
Retained Earnings | (1.6B) | 1.1B | (656M) | (666M) | (625M) | (656.3M) | |
Accounts Payable | 6.7B | 6.5B | 6.7B | 7.1B | 7.0B | 5.8B | |
Cash | 6.5B | 8.1B | 8.6B | 6.0B | 5.6B | 5.3B | |
Non Current Assets Total | 81.3B | 82.6B | 82.2B | 82.8B | 88.8B | 85.3B | |
Non Currrent Assets Other | 911M | 268M | 1.0B | 1.8B | 194M | 184.3M | |
Cash And Short Term Investments | 11.3B | 13.5B | 10.9B | 10.5B | 8.3B | 6.8B | |
Net Receivables | 10.8B | 6.9B | 7.5B | 7.9B | 7.8B | 7.9B | |
Common Stock Shares Outstanding | 2.7B | 2.7B | 2.7B | 2.7B | 2.7B | 2.5B | |
Liabilities And Stockholders Equity | 106.3B | 107.7B | 108.1B | 109.7B | 113.7B | 105.2B | |
Non Current Liabilities Total | 44.2B | 42.4B | 45.4B | 45.5B | 53.1B | 43.7B | |
Inventory | 906M | 814M | 952M | 1.0B | 1.2B | 864.6M | |
Other Current Assets | 1.3B | 2.6B | 2.7B | 3.1B | 3.3B | 3.5B | |
Total Liab | 71.9B | 70.7B | 72.7B | 74.7B | 83.6B | 74.2B | |
Total Current Assets | 25.0B | 25.1B | 25.8B | 26.8B | 24.9B | 19.9B | |
Short Term Debt | 5.2B | 7.6B | 5.8B | 7.0B | 1.5B | 1.4B | |
Intangible Assets | 14.7B | 15.1B | 14.9B | 14.9B | 15.1B | 15.1B | |
Short Term Investments | 4.8B | 5.3B | 2.3B | 4.5B | 2.7B | 1.6B | |
Accumulated Other Comprehensive Income | (1.6B) | 1.3B | (655M) | (665M) | (624M) | (655.2M) | |
Other Liab | 5.3B | 5.6B | 6.6B | 6.2B | 5.6B | 6.1B | |
Current Deferred Revenue | 2.1B | 2.1B | 2.7B | 2.7B | 2.9B | 2.4B | |
Other Assets | 1M | 2M | (1M) | 38M | 34.2M | 32.5M | |
Long Term Debt | 33.1B | 30.1B | 31.9B | 32.0B | 28.8B | 31.3B | |
Good Will | 27.6B | 27.6B | 24.2B | 23.1B | 23.8B | 22.5B | |
Property Plant Equipment | 35.1B | 36.1B | 38.2B | 39.6B | 35.6B | 26.8B | |
Property Plant And Equipment Gross | 13.3B | 36.1B | 122.6B | 126.0B | 132.3B | 138.9B | |
Net Tangible Assets | (10.7B) | (8.3B) | (6.8B) | (6.3B) | (7.2B) | (7.6B) | |
Long Term Investments | 2.5B | 2.8B | 3.3B | 3.0B | 2.8B | 3.1B | |
Short Long Term Debt | 8.2B | 5.2B | 3.4B | 5.5B | 5.0B | 7.5B |
Pair Trading with Orange SA
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Orange SA position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Orange SA will appreciate offsetting losses from the drop in the long position's value.Moving together with Orange Stock
Moving against Orange Stock
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The ability to find closely correlated positions to Orange SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Orange SA when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Orange SA - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Orange SA ADR to buy it.
The correlation of Orange SA is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Orange SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Orange SA ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Orange SA can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orange SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Diversified Telecommunication Services 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 Orange SA. If investors know Orange 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 Orange SA 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 (0.07) | Dividend Share 0.72 | Earnings Share 0.84 | Revenue Per Share 16.714 | Quarterly Revenue Growth 0.025 |
The market value of Orange SA ADR is measured differently than its book value, which is the value of Orange that is recorded on the company's balance sheet. Investors also form their own opinion of Orange SA's value that differs from its market value or its book value, called intrinsic value, which is Orange SA'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 Orange SA's market value can be influenced by many factors that don't directly affect Orange SA'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 Orange SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Orange SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orange SA'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.