Park Extraordinary Items vs Minority Interest Analysis
PKOH Stock | USD 33.04 0.76 2.35% |
Park Ohio financial indicator trend analysis is much more than just breaking down Park Ohio Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Park Ohio Holdings is a good investment. Please check the relationship between Park Ohio Extraordinary Items and its Minority Interest accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Park Ohio 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 persons.
Extraordinary Items vs Minority Interest
Extraordinary Items vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Park Ohio Holdings Extraordinary Items account and Minority Interest. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Park Ohio's Extraordinary Items and Minority Interest is -0.09. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Park Ohio Holdings, assuming nothing else is changed. The correlation between historical values of Park Ohio's Extraordinary Items and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Extraordinary Items of Park Ohio Holdings are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Extraordinary Items i.e., Park Ohio's Extraordinary Items and Minority Interest go up and down completely randomly.
Correlation Coefficient | -0.09 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Extraordinary Items
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Park Ohio Holdings whose combined shares represent less than 50% of the total outstanding shares issued by Park Ohio have a minority interest in Park Ohio.Most indicators from Park Ohio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Park Ohio 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 Park Ohio 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 persons. The Park Ohio's current Enterprise Value is estimated to increase to about 1 B, while Selling General Administrative is projected to decrease to under 113.5 M.
2021 | 2023 | 2024 (projected) | Interest Expense | 30.1M | 45.1M | 47.4M | Depreciation And Amortization | 30.8M | 31.7M | 19.8M |
Park Ohio fundamental ratios Correlations
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Park Ohio Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Park Ohio fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.3B | 1.3B | 1.4B | 1.4B | 1.3B | 679.8M | |
Short Long Term Debt Total | 627.5M | 599M | 665.7M | 720.9M | 687.8M | 722.2M | |
Other Current Liab | 65.6M | 58.5M | 102.1M | 152.9M | 129M | 135.5M | |
Total Current Liabilities | 305M | 307.1M | 349M | 448.6M | 363.6M | 381.8M | |
Total Stockholder Equity | 335.6M | 344.2M | 314.1M | 256.5M | 280.4M | 145.8M | |
Property Plant And Equipment Net | 301.9M | 305.2M | 292.5M | 235.8M | 229.6M | 130.2M | |
Net Debt | 571.5M | 544M | 611.6M | 662.7M | 633M | 664.7M | |
Retained Earnings | 298.2M | 290.5M | 259.4M | 238.8M | 240.1M | 252.1M | |
Cash | 56M | 55M | 54.1M | 58.2M | 54.8M | 27.8M | |
Non Current Assets Total | 584.7M | 594.1M | 584.5M | 504.2M | 516.3M | 284.0M | |
Non Currrent Assets Other | 83.8M | 91.2M | 104.3M | 70.2M | 103.2M | 53.2M | |
Cash And Short Term Investments | 56M | 55M | 54.1M | 58.2M | 54.8M | 27.8M | |
Net Receivables | 323M | 305M | 278.6M | 246.3M | 323.2M | 339.4M | |
Common Stock Shares Outstanding | 12.4M | 12.1M | 12.3M | 12.2M | 12.5M | 11.2M | |
Liabilities And Stockholders Equity | 1.3B | 1.3B | 1.4B | 1.4B | 1.3B | 679.8M | |
Non Current Liabilities Total | 655.8M | 635.5M | 686.2M | 720.1M | 687.2M | 362.6M | |
Inventory | 327.2M | 310.9M | 382.9M | 406.5M | 411.1M | 431.7M | |
Other Current Assets | 19.5M | 35.5M | 90.4M | 221.4M | 35.3M | 24.1M | |
Other Stockholder Equity | 58.7M | 55.7M | 57.6M | 62.9M | 67M | 55.4M | |
Total Liab | 960.8M | 942.6M | 1.0B | 1.2B | 1.1B | 530.8M | |
Property Plant And Equipment Gross | 301.9M | 305.2M | 292.5M | 235.8M | 509M | 534.5M | |
Total Current Assets | 725.7M | 706.4M | 775.5M | 932.4M | 824.4M | 865.6M | |
Accumulated Other Comprehensive Income | (37M) | (18.1M) | (19.2M) | (61.8M) | (43.7M) | (45.9M) | |
Short Term Debt | 28.7M | 44.5M | 16.9M | 22.1M | 30.6M | 32.1M | |
Accounts Payable | 175M | 166.7M | 178.3M | 221M | 204M | 109.0M | |
Intangible Assets | 90.6M | 86.8M | 81.7M | 78.7M | 73.3M | 80.4M | |
Common Stock Total Equity | 15.7M | 16.1M | 16.3M | 16.6M | 19.1M | 14.9M | |
Common Stock | 15.7M | 16.1M | 16.3M | 16.6M | 17M | 15.0M | |
Other Liab | 57M | 61M | 44M | 21.3M | 24.5M | 39.3M | |
Other Assets | 83.8M | 162M | 104.3M | 80.8M | 92.9M | 84.1M | |
Long Term Debt | 545.2M | 517.8M | 591.5M | 655.1M | 633.4M | 464.5M | |
Good Will | 108.4M | 110.9M | 106M | 108.9M | 110.2M | 88.7M | |
Treasury Stock | (67.3M) | (71.1M) | (79.8M) | (85.3M) | (76.8M) | (72.9M) | |
Property Plant Equipment | 301.9M | 305.2M | 292.5M | 235.8M | 271.2M | 162.3M | |
Current Deferred Revenue | 35.7M | 37.4M | 51.7M | 52.6M | 43.3M | 32.0M | |
Net Tangible Assets | 335.6M | 344.2M | 126.4M | 256.5M | 295.0M | 309.7M | |
Noncontrolling Interest In Consolidated Entity | 14M | 13.7M | 10.7M | 11.4M | 13.1M | 8.9M | |
Retained Earnings Total Equity | 298.2M | 290.5M | 259.4M | 238.8M | 274.6M | 189.7M | |
Long Term Debt Total | 545.2M | 517.8M | 591.5M | 655.1M | 753.4M | 531.3M |
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When determining whether Park Ohio Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Park Ohio'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 Park Ohio Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Park Ohio Holdings Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Park Ohio 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 persons. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Industrial Machinery & Supplies & Components 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 Park Ohio. If investors know Park 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 Park Ohio 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 (0.17) | Dividend Share 0.5 | Earnings Share 3.34 | Revenue Per Share 130.779 | Quarterly Revenue Growth (0) |
The market value of Park Ohio Holdings is measured differently than its book value, which is the value of Park that is recorded on the company's balance sheet. Investors also form their own opinion of Park Ohio's value that differs from its market value or its book value, called intrinsic value, which is Park Ohio'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 Park Ohio's market value can be influenced by many factors that don't directly affect Park Ohio'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 Park Ohio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Park Ohio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Park Ohio'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.