OneSavings Accounts Payable vs Total Current Assets Analysis

OSB Stock   402.40  5.20  1.31%   
OneSavings Bank financial indicator trend analysis is much more than just breaking down OneSavings Bank PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OneSavings Bank PLC is a good investment. Please check the relationship between OneSavings Bank Accounts Payable and its Total Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneSavings Bank PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Accounts Payable vs Total Current Assets

Accounts Payable vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OneSavings Bank PLC Accounts Payable account and Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between OneSavings Bank's Accounts Payable and Total Current Assets is -0.39. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of OneSavings Bank PLC, assuming nothing else is changed. The correlation between historical values of OneSavings Bank's Accounts Payable and Total 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 Accounts Payable of OneSavings Bank PLC are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Accounts Payable i.e., OneSavings Bank's Accounts Payable and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.39
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents OneSavings Bank 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 OneSavings Bank PLC 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.

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.
Most indicators from OneSavings Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OneSavings Bank PLC 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 OneSavings Bank PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
As of December 1, 2024, Selling General Administrative is expected to decline to about 83.9 M. In addition to that, Tax Provision is expected to decline to about 78.8 M
 2021 2022 2023 2024 (projected)
Gross Profit758.7M1.1B1.8B1.9B
Total Revenue758.7M1.1B609.6M441.0M

OneSavings Bank fundamental ratios Correlations

0.990.750.990.890.030.930.890.970.980.880.890.90.660.88-0.221.00.990.450.90.230.530.980.680.990.15
0.990.711.00.90.110.940.910.970.980.880.920.910.720.84-0.250.990.980.40.860.240.580.970.680.990.17
0.750.710.730.57-0.360.70.50.740.740.60.520.630.510.810.180.750.760.580.84-0.150.310.760.550.77-0.39
0.991.00.730.890.080.950.90.970.980.890.910.920.690.85-0.240.990.990.410.860.210.560.970.660.990.18
0.890.90.570.890.270.740.950.860.870.680.950.710.630.67-0.20.890.880.250.860.320.450.860.770.850.21
0.030.11-0.360.080.27-0.030.370.110.11-0.140.35-0.030.24-0.38-0.150.02-0.02-0.79-0.040.310.230.050.42-0.040.45
0.930.940.70.950.74-0.030.80.910.910.960.810.960.710.83-0.260.930.940.460.70.10.610.910.450.960.17
0.890.910.50.90.950.370.80.860.870.731.00.760.630.61-0.240.890.870.190.760.30.510.850.720.850.27
0.970.970.740.970.860.110.910.861.00.830.870.90.750.86-0.250.970.950.30.880.270.631.00.750.970.23
0.980.980.740.980.870.110.910.871.00.830.880.90.730.85-0.240.980.950.310.880.270.621.00.750.970.23
0.880.880.60.890.68-0.140.960.730.830.830.740.970.590.85-0.450.880.890.570.630.230.550.830.330.920.2
0.890.920.520.910.950.350.811.00.870.880.740.770.640.63-0.240.890.870.210.770.290.510.850.710.860.26
0.90.910.630.920.71-0.030.960.760.90.90.970.770.690.87-0.50.90.890.420.690.340.680.910.490.930.28
0.660.720.510.690.630.240.710.630.750.730.590.640.690.55-0.160.660.660.030.530.10.660.730.50.680.14
0.880.840.810.850.67-0.380.830.610.860.850.850.630.870.55-0.30.880.880.680.840.260.460.880.50.90.02
-0.22-0.250.18-0.24-0.2-0.15-0.26-0.24-0.25-0.24-0.45-0.24-0.5-0.16-0.3-0.22-0.160.03-0.07-0.88-0.45-0.25-0.17-0.22-0.53
1.00.990.750.990.890.020.930.890.970.980.880.890.90.660.88-0.220.990.460.90.230.520.980.680.990.15
0.990.980.760.990.88-0.020.940.870.950.950.890.870.890.660.88-0.160.990.510.880.150.490.960.620.990.11
0.450.40.580.410.25-0.790.460.190.30.310.570.210.420.030.680.030.460.510.44-0.18-0.060.35-0.110.5-0.39
0.90.860.840.860.86-0.040.70.760.880.880.630.770.690.530.84-0.070.90.880.440.250.370.90.830.86-0.06
0.230.24-0.150.210.320.310.10.30.270.270.230.290.340.10.26-0.880.230.15-0.180.250.340.270.470.180.51
0.530.580.310.560.450.230.610.510.630.620.550.510.680.660.46-0.450.520.49-0.060.370.340.610.420.560.33
0.980.970.760.970.860.050.910.851.01.00.830.850.910.730.88-0.250.980.960.350.90.270.610.740.970.21
0.680.680.550.660.770.420.450.720.750.750.330.710.490.50.5-0.170.680.62-0.110.830.470.420.740.610.13
0.990.990.770.990.85-0.040.960.850.970.970.920.860.930.680.9-0.220.990.990.50.860.180.560.970.610.13
0.150.17-0.390.180.210.450.170.270.230.230.20.260.280.140.02-0.530.150.11-0.39-0.060.510.330.210.130.13
Click cells to compare fundamentals

OneSavings Bank Account Relationship Matchups

OneSavings Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets21.4B22.7B24.5B27.6B29.6B31.1B
Short Long Term Debt Total3.5B4.1B4.8B5.4B5.1B5.4B
Other Current Liab16.3B(600K)17.6B(504.3M)22.3B23.4B
Total Stockholder Equity1.4B1.6B2.0B2.2B2.1B2.3B
Property Plant And Equipment Net41.6M39.2M35.1M40.9M43.8M23.8M
Net Debt1.4B1.7B2.1B2.3B(2.3B)(2.2B)
Retained Earnings553.2M1.6B3.2B3.4B3.3B3.5B
Cash2.1B2.4B2.7B3.0B2.3B1.4B
Non Current Assets Total21.4B22.6B24.5B27.6B27.1B28.4B
Non Currrent Assets Other21.3B22.4B24.4B27.4B26.7B28.1B
Other Assets1.019.4B21.3B23.9B27.5B28.8B
Cash And Short Term Investments2.1B2.4B2.7B3.0B2.5B1.4B
Liabilities And Stockholders Equity21.4B22.7B24.5B27.6B29.6B31.1B
Non Current Liabilities Total3.2B3.2B4.8B5.0B5.1B2.8B
Other Current Assets9.7M16.2M9.8M9.9M26.6M27.9M
Other Stockholder Equity867M(1.4B)(2.8M)200K2.8M2.7M
Total Liab20.0B21.0B22.5B25.4B27.4B28.8B
Property Plant And Equipment Gross41.6M39.2M49M57.9M63.6M66.8M
Total Current Assets9.7M16.2M9.8M9.9M2.5B2.6B
Accumulated Other Comprehensive Income(4.9M)(1.4B)(1.2B)(1.2B)(1.2B)(1.1B)
Intangible Assets31.4M20.6M18.4M12M26.1M27.4M
Common Stock Shares Outstanding293.4M450.2M452.7M446.6M421.2M355.4M
Total Current Liabilities16.8B17.8B17.7B20.4B22.3B23.4B
Other Liab64.7M50.1M41.8M17.1M19.7M20.2M
Net Tangible Assets1.4B1.6B2.0B2.2B2.5B2.6B
Accounts Payable(8.2B)(1.0)16.7B1.019.9B0.95
Long Term Investments783.6M876.2M638.1M749.4M908.8M500.7M
Short Term Debt478M1.1B44.1M503.7M325.9M290.4M
Property Plant Equipment41.6M39.2M35.1M40.9M47.0M25.4M
Net Invested Capital1.8B2.1B2.5B2.5B3.5B2.2B

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.

Other Information on Investing in OneSavings Stock

Balance Sheet is a snapshot of the financial position of OneSavings Bank PLC at a specified time, usually calculated after every quarter, six months, or one year. OneSavings Bank Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of OneSavings Bank and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which OneSavings currently owns. An asset can also be divided into two categories, current and non-current.