Orix Other Assets vs Non Current Assets Total Analysis

IX Stock  USD 109.60  1.14  1.03%   
Orix Corp financial indicator trend analysis is much more than just breaking down Orix Corp Ads prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orix Corp Ads is a good investment. Please check the relationship between Orix Corp Other Assets and its Non Current Assets Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Orix Corp Ads. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Other Assets vs Non Current Assets Total

Other Assets vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orix Corp Ads Other Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Orix Corp's Other Assets and Non Current Assets Total is 0.71. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Orix Corp Ads, assuming nothing else is changed. The correlation between historical values of Orix Corp's Other Assets and Non Current Assets Total 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 Assets of Orix Corp Ads are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Other Assets i.e., Orix Corp's Other Assets and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Assets

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Orix Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orix Corp Ads 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Orix Corp Ads. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
At this time, Orix Corp's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 124.1 B in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.40 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense68.2B127.6B188.3B105.1B
Depreciation And Amortization330.4B353.4B364.2B218.0B

Orix Corp fundamental ratios Correlations

0.590.55-0.340.820.140.310.850.650.760.690.290.240.620.50.660.70.440.010.990.650.65-0.520.770.740.75
0.590.330.330.53-0.550.810.540.540.250.50.570.60.390.750.730.670.68-0.620.640.80.790.110.120.350.5
0.550.33-0.560.810.27-0.150.740.340.530.930.560.610.120.680.430.440.810.340.520.490.63-0.70.70.50.58
-0.340.33-0.56-0.4-0.890.59-0.39-0.27-0.56-0.410.280.28-0.320.120.06-0.07-0.01-0.77-0.280.08-0.010.95-0.76-0.25-0.18
0.820.530.81-0.40.090.020.990.330.630.920.610.590.460.780.750.760.770.040.820.780.83-0.520.660.830.89
0.14-0.550.27-0.890.09-0.660.080.240.50.12-0.5-0.50.07-0.47-0.44-0.32-0.310.880.07-0.43-0.38-0.810.640.05-0.06
0.310.81-0.150.590.02-0.660.040.48-0.08-0.010.220.220.250.340.430.370.22-0.680.370.460.380.39-0.14-0.030.07
0.850.540.74-0.390.990.080.040.330.650.870.550.520.560.740.790.810.71-0.020.850.790.84-0.50.640.860.91
0.650.540.34-0.270.330.240.480.330.610.36-0.02-0.020.350.140.190.230.20.080.650.230.25-0.480.620.040.11
0.760.250.53-0.560.630.5-0.080.650.610.510.020.010.440.160.210.280.220.260.710.230.3-0.70.80.550.53
0.690.50.93-0.410.920.12-0.010.870.360.510.680.710.20.80.590.580.870.180.680.670.76-0.550.640.660.75
0.290.570.560.280.61-0.50.220.55-0.020.020.680.96-0.20.890.590.490.87-0.270.310.660.680.140.080.420.57
0.240.60.610.280.59-0.50.220.52-0.020.010.710.96-0.210.910.540.420.93-0.30.260.620.70.130.020.380.54
0.620.390.12-0.320.460.070.250.560.350.440.2-0.2-0.210.20.640.730.06-0.270.640.570.54-0.320.320.460.43
0.50.750.680.120.78-0.470.340.740.140.160.80.890.910.20.830.760.96-0.380.540.870.93-0.030.180.550.7
0.660.730.430.060.75-0.440.430.790.190.210.590.590.540.640.830.990.66-0.50.70.950.94-0.040.220.630.72
0.70.670.44-0.070.76-0.320.370.810.230.280.580.490.420.730.760.990.59-0.420.740.920.91-0.160.310.640.72
0.440.680.81-0.010.77-0.310.220.710.20.220.870.870.930.060.960.660.59-0.190.470.750.85-0.170.270.480.64
0.01-0.620.34-0.770.040.88-0.68-0.020.080.260.18-0.27-0.3-0.27-0.38-0.5-0.42-0.19-0.06-0.46-0.43-0.710.59-0.04-0.14
0.990.640.52-0.280.820.070.370.850.650.710.680.310.260.640.540.70.740.47-0.060.70.69-0.460.710.730.75
0.650.80.490.080.78-0.430.460.790.230.230.670.660.620.570.870.950.920.75-0.460.70.96-0.040.220.650.73
0.650.790.63-0.010.83-0.380.380.840.250.30.760.680.70.540.930.940.910.85-0.430.690.96-0.150.270.630.76
-0.520.11-0.70.95-0.52-0.810.39-0.5-0.48-0.7-0.550.140.13-0.32-0.03-0.04-0.16-0.17-0.71-0.46-0.04-0.15-0.9-0.31-0.27
0.770.120.7-0.760.660.64-0.140.640.620.80.640.080.020.320.180.220.310.270.590.710.220.27-0.90.480.45
0.740.350.5-0.250.830.05-0.030.860.040.550.660.420.380.460.550.630.640.48-0.040.730.650.63-0.310.480.96
0.750.50.58-0.180.89-0.060.070.910.110.530.750.570.540.430.70.720.720.64-0.140.750.730.76-0.270.450.96
Click cells to compare fundamentals

Orix Corp Account Relationship Matchups

Orix Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.1T13.6T14.3T15.3T16.3T10.2T
Short Long Term Debt Total4.6T4.7T4.9T5.7T6.2T5.0T
Other Current Liab(619.6B)(568.0B)(731.1B)(875.6B)570.7B599.3B
Total Current Liabilities619.6B568.0B731.1B875.6B1.5T858.3B
Total Stockholder Equity3.0T3.0T3.3T3.4T3.9T4.1T
Property Plant And Equipment Net2.1T2.1T2.2T2.4T938.0B1.5T
Net Debt3.6T3.8T3.9T4.5T5.0T3.1T
Retained Earnings2.8T2.7T2.9T3.0T3.3T3.4T
Accounts Payable282.7B260.7B291.4B366.9B362.5B213.4B
Cash982.7B951.2B954.8B1.2T1.2T704.9B
Non Current Assets Total5.2T5.7T6.1T6.3T9.5T9.9T
Non Currrent Assets Other(470.9B)(534.2B)(534.9B)(676.0B)5.1T5.3T
Other Assets3.9T3.5T3.6T3.9T16.3T17.1T
Cash And Short Term Investments2.6T3.0T3.1T3.5T1.2T1.2T
Net Receivables1.4T1.4T1.4T1.6T4.3T4.5T
Common Stock Shares Outstanding1.3B1.2B1.2B1.2B1.2B1.2B
Liabilities And Stockholders Equity13.1T13.6T14.3T15.3T16.3T10.2T
Non Current Liabilities Total4.6T4.8T4.8T5.6T10.8T11.3T
Other Stockholder Equity136.6B147.4B147.0B111.9B103.5B136.9B
Total Liab10.0T10.5T10.9T11.8T12.3T8.3T
Property Plant And Equipment Gross888.0B2.1T2.3T2.4T2.8T2.9T
Total Current Assets4.0T4.4T4.6T5.0T6.9T7.2T
Accumulated Other Comprehensive Income(118.5B)(84.7B)(16.0B)(8.4B)357.1B375.0B
Short Term Debt336.8B307.3B439.6B508.8B574.1B692.6B
Other Liab3.2T5.1T5.3T4.2T4.8T5.0T
Long Term Debt4.3T4.4T4.4T5.2T6.0T6.3T
Good Will443.8B495.3B488.9B627.7B721.8B757.9B
Short Term Investments1.6T2.0T2.2T2.2T2.6T2.7T
Inventory126.0B142.2B139.6B169.0B227.4B121.7B
Other Current Assets(5.8T)(5.7T)(5.9T)(6.4T)(5.7T)(5.4T)
Treasury Stock(75.5B)(75.9B)(121.1B)(112.0B)(100.8B)(95.7B)
Intangible Assets462.2B489.3B473.9B590.4B679.0B712.9B
Property Plant Equipment888.0B738.3B792.4B2.4T2.8T2.9T
Net Tangible Assets2.0T2.1T3.0T3.3T3.8T2.0T
Long Term Investments3.1T3.5T3.8T3.9T4.5T2.6T
Short Long Term Debt336.8B307.3B439.6B508.8B457.9B532.3B
Long Term Debt Total4.3T4.4T4.4T5.2T6.0T4.2T

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