Owens Accounts Payable vs Total Liab Analysis

OMI Stock  USD 19.78  1.07  5.72%   
Owens Minor financial indicator trend analysis is much more than just breaking down Owens Minor prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Owens Minor is a good investment. Please check the relationship between Owens Minor Accounts Payable and its Total Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Owens Minor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For more detail on how to invest in Owens Stock please use our How to Invest in Owens Minor guide.

Accounts Payable vs Total Liab

Accounts Payable vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Owens Minor Accounts Payable account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Owens Minor's Accounts Payable and Total Liab is 0.93. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Liab in the same time period over historical financial statements of Owens Minor, assuming nothing else is changed. The correlation between historical values of Owens Minor's Accounts Payable and Total Liab 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 Owens Minor are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Accounts Payable i.e., Owens Minor's Accounts Payable and Total Liab go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents Owens Minor 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 Owens Minor 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 Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Owens Minor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Owens Minor 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 Owens Minor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For more detail on how to invest in Owens Stock please use our How to Invest in Owens Minor guide.As of now, Owens Minor's Enterprise Value Multiple is increasing as compared to previous years. The Owens Minor's current Enterprise Value is estimated to increase to about 1.9 B, while Tax Provision is forecasted to increase to (12.8 M).
 2021 2022 2023 2024 (projected)
Gross Profit1.5B1.8B2.1B2.2B
Total Revenue9.8B10.0B10.3B5.9B

Owens Minor fundamental ratios Correlations

0.930.720.970.240.930.92-0.10.520.940.970.520.590.730.940.630.040.820.980.850.590.040.920.950.840.61
0.930.610.87-0.080.951.0-0.40.390.950.890.390.390.521.00.5-0.180.720.980.880.42-0.120.990.860.870.34
0.720.610.760.250.570.610.00.210.530.750.210.670.590.640.620.240.540.70.460.720.120.630.640.380.65
0.970.870.760.240.880.84-0.090.590.860.950.590.610.710.870.630.110.80.940.840.620.050.860.960.750.65
0.24-0.080.250.240.02-0.10.860.270.080.260.270.570.73-0.040.460.560.290.06-0.030.530.42-0.10.250.080.77
0.930.950.570.880.020.95-0.340.450.970.910.450.320.610.940.47-0.260.820.950.950.35-0.20.920.850.890.39
0.921.00.610.84-0.10.95-0.430.320.930.870.320.40.51.00.51-0.190.720.970.850.42-0.140.990.840.840.33
-0.1-0.40.0-0.090.86-0.34-0.430.25-0.21-0.080.250.250.33-0.380.020.65-0.17-0.29-0.30.180.57-0.45-0.12-0.130.44
0.520.390.210.590.270.450.320.250.530.471.00.070.350.350.020.130.270.450.630.090.210.30.50.580.33
0.940.950.530.860.080.970.93-0.210.530.90.530.30.570.940.38-0.150.730.940.950.3-0.040.90.830.970.36
0.970.890.750.950.260.910.87-0.080.470.90.470.570.720.890.60.120.80.940.840.570.010.880.910.80.61
0.520.390.210.590.270.450.320.251.00.530.470.070.350.350.020.130.270.450.630.090.210.30.50.580.33
0.590.390.670.610.570.320.40.250.070.30.570.070.750.450.90.530.570.530.120.970.230.470.680.130.88
0.730.520.590.710.730.610.50.330.350.570.720.350.750.550.820.190.770.630.480.770.020.510.730.450.92
0.941.00.640.87-0.040.941.0-0.380.350.940.890.350.450.550.55-0.140.750.980.840.48-0.10.990.870.840.39
0.630.50.620.630.460.470.510.020.020.380.60.020.90.820.550.210.750.60.250.940.00.570.720.180.83
0.04-0.180.240.110.56-0.26-0.190.650.13-0.150.120.130.530.19-0.140.21-0.16-0.06-0.270.440.63-0.140.11-0.150.41
0.820.720.540.80.290.820.72-0.170.270.730.80.270.570.770.750.75-0.160.790.680.59-0.140.750.860.580.64
0.980.980.70.940.060.950.97-0.290.450.940.940.450.530.630.980.6-0.060.790.870.55-0.050.980.930.830.5
0.850.880.460.84-0.030.950.85-0.30.630.950.840.630.120.480.840.25-0.270.680.870.16-0.150.820.770.910.26
0.590.420.720.620.530.350.420.180.090.30.570.090.970.770.480.940.440.590.550.160.180.480.670.120.88
0.04-0.120.120.050.42-0.2-0.140.570.21-0.040.010.210.230.02-0.10.00.63-0.14-0.05-0.150.18-0.120.030.050.14
0.920.990.630.86-0.10.920.99-0.450.30.90.880.30.470.510.990.57-0.140.750.980.820.48-0.120.880.80.36
0.950.860.640.960.250.850.84-0.120.50.830.910.50.680.730.870.720.110.860.930.770.670.030.880.710.65
0.840.870.380.750.080.890.84-0.130.580.970.80.580.130.450.840.18-0.150.580.830.910.120.050.80.710.22
0.610.340.650.650.770.390.330.440.330.360.610.330.880.920.390.830.410.640.50.260.880.140.360.650.22
Click cells to compare fundamentals

Owens Minor Account Relationship Matchups

Owens Minor fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.6B3.3B3.5B5.4B5.1B5.3B
Short Long Term Debt Total1.6B1.1B1.1B2.7B2.3B2.4B
Other Current Liab608.1M345.5M342.1M419.1M396.7M416.5M
Total Current Liabilities1.4B1.3B1.3B1.6B1.9B2.0B
Total Stockholder Equity462.2M712.1M938.5M945.6M924.2M536.8M
Property Plant And Equipment Net457.6M460.4M511.2M858.9M840.5M882.5M
Net Debt1.6B1.0B1.1B2.6B2.1B2.2B
Retained Earnings137.8M167.0M387.6M410.0M368.7M302.6M
Cash67.0M83.1M55.7M69.5M243.0M255.2M
Non Current Assets Total1.2B1.2B1.2B3.1B3.0B3.1B
Non Currrent Assets Other100.0M101.9M103.6M150.4M149.3M156.8M
Cash And Short Term Investments67.0M83.1M55.7M69.5M243.0M255.2M
Net Receivables674.7M700.8M681.6M763.5M598.3M425.8M
Common Stock Shares Outstanding60.6M63.5M75.5M76.2M75.8M60.3M
Liabilities And Stockholders Equity3.6B3.3B3.5B5.4B5.1B5.3B
Non Current Liabilities Total1.8B1.3B1.3B2.9B2.3B2.4B
Inventory1.1B1.2B1.5B1.3B1.1B619.4M
Other Current Assets79.4M118.3M88.6M128.6M150.9M92.6M
Other Stockholder Equity251.4M436.6M440.6M418.9M357.8M375.7M
Total Liab3.2B2.6B2.6B4.4B4.2B4.4B
Property Plant And Equipment Gross457.6M460.4M511.2M858.9M1.4B1.5B
Total Current Assets2.4B2.1B2.3B2.3B2.1B1.2B
Accumulated Other Comprehensive Income(52.7M)(38.5M)(40.6M)(35.9M)(31.8M)(33.4M)
Short Term Debt32.6M34.5M43.9M79.3M206.9M155.3M
Intangible Assets285.0M243.4M209.7M445.0M361.8M379.9M
Accounts Payable808.0M1.0B1.0B1.1B1.2B1.2B
Good Will393.2M394.1M390.2M1.6B1.6B1.7B
Common Stock125.7M146.9M150.9M152.6M153.1M84.6M
Common Stock Total Equity124.6M125.7M146.9M150.9M173.5M114.1M
Other Liab121.8M171.9M144.2M175.8M202.1M212.2M
Other Assets56.4M246.7M103.6M150.4M173.0M181.6M
Long Term Debt1.5B986.0M947.5M2.5B1.9B2.0B
Property Plant Equipment315.4M460.4M511.2M858.9M987.8M1.0B
Net Tangible Assets(216.0M)74.6M338.6M(1.2B)(1.1B)(1.0B)
Retained Earnings Total Equity200.7M137.8M167.0M387.6M348.9M413.5M
Long Term Debt Total1.5B986.0M947.5M2.5B2.9B3.0B
Capital Surpluse251.4M436.6M440.6M418.9M481.7M285.7M
Deferred Long Term Liab50.9M40.6M50.6M35.3M40.6M55.1M

Owens Minor Investors Sentiment

The influence of Owens Minor's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Owens. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Owens Minor's public news can be used to forecast risks associated with an investment in Owens. The trend in average sentiment can be used to explain how an investor holding Owens can time the market purely based on public headlines and social activities around Owens Minor. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Owens Minor's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Owens Minor's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Owens Minor's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Owens Minor.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Owens Minor in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Owens Minor's short interest history, or implied volatility extrapolated from Owens Minor options trading.

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When determining whether Owens Minor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Owens Minor'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 Owens Minor Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Owens Minor Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Owens Minor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For more detail on how to invest in Owens Stock please use our How to Invest in Owens Minor guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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When running Owens Minor's price analysis, check to measure Owens Minor's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Owens Minor is operating at the current time. Most of Owens Minor's value examination focuses on studying past and present price action to predict the probability of Owens Minor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Owens Minor's price. Additionally, you may evaluate how the addition of Owens Minor to your portfolios can decrease your overall portfolio volatility.
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Is Owens Minor's industry 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 Owens Minor. If investors know Owens 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 Owens Minor 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
(0.72)
Earnings Share
(0.51)
Revenue Per Share
137.028
Quarterly Revenue Growth
0.036
Return On Assets
0.0388
The market value of Owens Minor is measured differently than its book value, which is the value of Owens that is recorded on the company's balance sheet. Investors also form their own opinion of Owens Minor's value that differs from its market value or its book value, called intrinsic value, which is Owens Minor'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 Owens Minor's market value can be influenced by many factors that don't directly affect Owens Minor'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 Owens Minor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Owens Minor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Owens Minor'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.