Orion Other Stockholder Equity vs Accounts Payable Analysis

OESX Stock  USD 1.01  0.02  2.02%   
Orion Energy financial indicator trend analysis is much more than just breaking down Orion Energy Systems prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orion Energy Systems is a good investment. Please check the relationship between Orion Energy Other Stockholder Equity and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orion Energy Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Other Stockholder Equity vs Accounts Payable

Other Stockholder Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orion Energy Systems Other Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Orion Energy's Other Stockholder Equity and Accounts Payable is 0.48. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Orion Energy Systems, assuming nothing else is changed. The correlation between historical values of Orion Energy's Other Stockholder Equity and Accounts Payable 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 Stockholder Equity of Orion Energy Systems are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Stockholder Equity i.e., Orion Energy's Other Stockholder Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Other Stockholder Equity

Accounts Payable

An accounting item on the balance sheet that represents Orion Energy 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 Orion Energy Systems 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.
Most indicators from Orion Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orion Energy Systems 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 Orion Energy Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
At this time, Orion Energy's Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to rise to about 96.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 13.4 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue124.4M77.4M89.0M79.3M
Interest Expense80K339K305.1K289.8K

Orion Energy fundamental ratios Correlations

0.250.93-0.60.720.90.530.650.750.280.080.610.420.920.230.460.730.710.270.2-0.420.770.680.450.53-0.65
0.250.010.130.410.050.16-0.350.420.290.820.350.660.39-0.030.430.150.26-0.230.470.60.320.130.140.28-0.34
0.930.01-0.560.540.970.650.720.58-0.02-0.240.40.060.730.010.120.630.810.52-0.13-0.550.640.490.580.44-0.48
-0.60.13-0.56-0.77-0.47-0.07-0.52-0.76-0.30.12-0.52-0.25-0.62-0.16-0.36-0.42-0.26-0.07-0.260.57-0.17-0.44-0.19-0.050.47
0.720.410.54-0.770.450.110.211.00.470.410.680.630.850.350.590.480.32-0.140.52-0.080.40.590.20.29-0.62
0.90.050.97-0.470.450.770.780.49-0.08-0.20.270.070.66-0.050.130.610.840.6-0.13-0.490.670.410.540.44-0.39
0.530.160.65-0.070.110.770.570.16-0.45-0.12-0.23-0.150.21-0.35-0.160.20.780.81-0.36-0.090.360.020.450.280.06
0.65-0.350.72-0.520.210.780.570.230.02-0.390.08-0.020.410.050.150.590.450.52-0.08-0.670.420.410.220.28-0.2
0.750.420.58-0.761.00.490.160.230.440.40.660.610.860.330.580.490.36-0.10.5-0.080.420.590.230.3-0.62
0.280.29-0.02-0.30.47-0.08-0.450.020.440.530.790.810.570.680.790.5-0.34-0.760.71-0.10.260.65-0.290.39-0.7
0.080.82-0.240.120.41-0.2-0.12-0.390.40.530.310.810.320.350.620.19-0.21-0.460.650.710.210.35-0.260.38-0.18
0.610.350.4-0.520.680.27-0.230.080.660.790.310.670.810.460.630.540.14-0.480.48-0.330.440.650.140.41-0.9
0.420.660.06-0.250.630.07-0.15-0.020.610.810.810.670.680.590.950.41-0.09-0.550.880.230.510.64-0.220.36-0.6
0.920.390.73-0.620.850.660.210.410.860.570.320.810.680.450.680.710.46-0.090.47-0.270.730.810.280.53-0.79
0.23-0.030.01-0.160.35-0.05-0.350.050.330.680.350.460.590.450.680.22-0.44-0.550.490.00.360.73-0.480.33-0.39
0.460.430.12-0.360.590.13-0.160.150.580.790.620.630.950.680.680.39-0.11-0.50.90.040.560.68-0.260.24-0.59
0.730.150.63-0.420.480.610.20.590.490.50.190.540.410.710.220.390.320.030.24-0.330.550.720.260.72-0.49
0.710.260.81-0.260.320.840.780.450.36-0.34-0.210.14-0.090.46-0.44-0.110.320.64-0.23-0.290.510.040.710.18-0.29
0.27-0.230.52-0.07-0.140.60.810.52-0.1-0.76-0.46-0.48-0.55-0.09-0.55-0.50.030.64-0.64-0.220.12-0.180.480.060.44
0.20.47-0.13-0.260.52-0.13-0.36-0.080.50.710.650.480.880.470.490.90.24-0.23-0.640.220.330.42-0.29-0.05-0.47
-0.420.6-0.550.57-0.08-0.49-0.09-0.67-0.08-0.10.71-0.330.23-0.270.00.04-0.33-0.29-0.220.22-0.17-0.19-0.26-0.020.39
0.770.320.64-0.170.40.670.360.420.420.260.210.440.510.730.360.560.550.510.120.33-0.170.620.070.51-0.51
0.680.130.49-0.440.590.410.020.410.590.650.350.650.640.810.730.680.720.04-0.180.42-0.190.62-0.030.67-0.52
0.450.140.58-0.190.20.540.450.220.23-0.29-0.260.14-0.220.28-0.48-0.260.260.710.48-0.29-0.260.07-0.030.02-0.15
0.530.280.44-0.050.290.440.280.280.30.390.380.410.360.530.330.240.720.180.06-0.05-0.020.510.670.02-0.29
-0.65-0.34-0.480.47-0.62-0.390.06-0.2-0.62-0.7-0.18-0.9-0.6-0.79-0.39-0.59-0.49-0.290.44-0.470.39-0.51-0.52-0.15-0.29
Click cells to compare fundamentals

Orion Energy Account Relationship Matchups

Orion Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets72.6M92.8M86.8M71.6M82.3M82.5M
Short Long Term Debt Total10.1M49K35K10.0M9.0M4.8M
Total Stockholder Equity31.0M58.1M65.1M33.2M38.2M56.3M
Net Debt(18.7M)(19.3M)(14.4M)(6.0M)(5.4M)(5.6M)
Cash28.8M19.4M14.5M16.0M18.4M19.6M
Non Current Assets Total17.6M36.3M35.6M21.2M24.4M28.9M
Non Currrent Assets Other3.6M3.2M3.5M3.3M2.9M3.7M
Other Assets817K20.4M21.3M586K673.9K640.2K
Cash And Short Term Investments28.8M19.4M14.5M16.0M18.4M20.3M
Common Stock Shares Outstanding31.0M31.3M31.3M31.7M36.5M24.8M
Liabilities And Stockholders Equity72.6M92.8M86.8M71.6M82.3M82.5M
Non Current Liabilities Total14.3M4.4M3.3M13.9M16.0M8.2M
Other Stockholder Equity120.3M121.2M122.2M124.7M143.4M101.8M
Total Liab41.5M34.7M21.7M38.3M44.1M26.2M
Total Current Assets55.0M56.5M51.2M50.4M57.9M53.7M
Other Current Liab7.2M13.2M8.4M10.6M12.1M12.7M
Total Current Liabilities27.2M30.4M18.4M24.5M28.1M20.0M
Other Liab1.4M1.7M3.3M2.0M2.4M1.6M
Property Plant And Equipment Net11.8M11.4M11.5M10.5M9.4M14.0M
Retained Earnings(89.3M)(63.2M)(57.1M)(91.4M)(82.3M)(78.2M)
Accounts Payable19.8M17.0M9.9M13.4M15.4M12.4M
Long Term Debt10.0M35K19K10.0M9.0M9.5M
Net Receivables11.0M16.5M14.3M15.0M17.3M16.1M
Inventory14.5M19.6M19.8M18.2M20.9M17.8M
Other Current Assets723K1.1M1.0M1.1M1.0M2.0M
Property Plant And Equipment Gross14.6M11.4M37.4M37.4M43.0M22.6M
Short Term Debt35K14K16K17K15.3K14.5K
Intangible Assets2.2M2.0M2.4M6.0M6.9M7.2M
Property Plant Equipment11.8M11.4M11.5M10.5M9.4M15.5M
Common Stock(36.2M)(36.2M)(36.2M)(36.2M)(32.6M)(34.2M)
Current Deferred Revenue107K87K76K480K432K566.3K
Net Tangible Assets28.8M56.1M62.3M25.8M23.2M37.8M
Retained Earnings Total Equity(101.8M)(89.3M)(63.2M)(91.4M)(82.3M)(86.4M)
Long Term Debt Total4.0M9.3M10.0M10M11.5M6.7M
Capital Surpluse155.8M156.5M157.5M160.9M185.0M162.8M

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When determining whether Orion Energy Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Orion Energy'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 Orion Energy Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Orion Energy Systems Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orion Energy Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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Is Orion Energy'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 Orion Energy. If investors know Orion 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 Orion Energy 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
(0.75)
Earnings Share
(0.56)
Revenue Per Share
2.647
Quarterly Revenue Growth
0.28
Return On Assets
(0.13)
The market value of Orion Energy Systems is measured differently than its book value, which is the value of Orion that is recorded on the company's balance sheet. Investors also form their own opinion of Orion Energy's value that differs from its market value or its book value, called intrinsic value, which is Orion Energy'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 Orion Energy's market value can be influenced by many factors that don't directly affect Orion Energy'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 Orion Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Orion Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orion Energy'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.