Oriental Property Plant And Equipment Net vs Capital Lease Obligations Analysis
| ORIS Stock | 6.74 0.54 7.42% |
Oriental Rise financial indicator trend analysis is much more than just breaking down Oriental Rise Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oriental Rise Holdings is a good investment. Please check the relationship between Oriental Rise Property Plant And Equipment Net and its Capital Lease Obligations accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oriental Rise Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Property Plant And Equipment Net vs Capital Lease Obligations
Property Plant And Equipment Net vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oriental Rise Holdings Property Plant And Equipment Net account and Capital Lease Obligations. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Oriental Rise's Property Plant And Equipment Net and Capital Lease Obligations is -0.7. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Oriental Rise Holdings, assuming nothing else is changed. The correlation between historical values of Oriental Rise's Property Plant And Equipment Net and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Oriental Rise Holdings are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Property Plant And Equipment Net i.e., Oriental Rise's Property Plant And Equipment Net and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | -0.7 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Capital Lease Obligations
Oriental Rise Holdings capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Oriental Rise asset purchases. For example, Oriental Rise can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Oriental Rise control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Most indicators from Oriental Rise's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oriental Rise Holdings 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 Oriental Rise Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. Tax Provision is likely to gain to about (112.1 K) in 2024. Selling General Administrative is likely to drop to about 1.1 M in 2024
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 51K | 72K | 149K | 82.8K | Interest Income | 46K | 65K | 80K | 61.6K |
Oriental Rise fundamental ratios Correlations
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Oriental Rise Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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