Omega Minority Interest vs Income Before Tax Analysis

OHI Stock  USD 31.34  0.07  0.22%   
Omega Healthcare financial indicator trend analysis is much more than just breaking down Omega Healthcare Inv prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Omega Healthcare Inv is a good investment. Please check the relationship between Omega Healthcare Minority Interest and its Income Before Tax accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Omega Healthcare Investors. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

Minority Interest vs Income Before Tax

Minority Interest vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Omega Healthcare Inv Minority Interest account and Income Before Tax. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Omega Healthcare's Minority Interest and Income Before Tax is -0.49. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Omega Healthcare Investors, assuming nothing else is changed. The correlation between historical values of Omega Healthcare's Minority Interest and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Omega Healthcare Investors are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Minority Interest i.e., Omega Healthcare's Minority Interest and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.49
Relationship DirectionNegative 
Relationship StrengthVery Weak

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 Omega Healthcare Investors whose combined shares represent less than 50% of the total outstanding shares issued by Omega Healthcare have a minority interest in Omega Healthcare.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Omega Healthcare income statement and is an important metric when analyzing Omega Healthcare Inv profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Omega Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Omega Healthcare Inv 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 Omega Healthcare Investors. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
As of now, Omega Healthcare's Selling General Administrative is increasing as compared to previous years. The Omega Healthcare's current Tax Provision is estimated to increase to about 3.4 M, while Issuance Of Capital Stock is projected to decrease to under 228.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.0B861.3M934.7M981.5M
Total Revenue1.1B878.2M949.7M997.2M

Omega Healthcare fundamental ratios Correlations

0.990.950.520.990.040.99-0.80.990.650.60.820.970.980.840.990.82-0.230.080.89-0.430.490.610.490.970.9
0.990.910.450.96-0.061.0-0.870.970.710.680.810.991.00.821.00.83-0.28-0.040.89-0.480.560.620.560.950.91
0.950.910.660.960.250.91-0.650.930.460.420.820.90.890.790.920.79-0.040.250.85-0.20.420.60.420.890.85
0.520.450.660.550.710.48-0.050.54-0.18-0.20.470.430.390.560.460.340.610.330.550.38-0.150.22-0.150.390.5
0.990.960.960.550.10.97-0.740.990.60.540.810.940.950.840.960.79-0.20.180.87-0.40.430.580.430.970.89
0.04-0.060.250.710.1-0.020.440.06-0.73-0.60.12-0.07-0.110.09-0.04-0.020.740.360.040.68-0.410.18-0.41-0.01-0.02
0.991.00.910.480.97-0.02-0.830.980.690.640.790.980.990.861.00.8-0.24-0.020.9-0.450.480.60.480.950.91
-0.8-0.87-0.65-0.05-0.740.44-0.83-0.76-0.87-0.88-0.69-0.89-0.89-0.55-0.86-0.790.540.2-0.710.71-0.8-0.61-0.8-0.81-0.77
0.990.970.930.540.990.060.98-0.760.640.580.740.940.970.880.980.73-0.180.080.9-0.430.410.550.410.950.9
0.650.710.46-0.180.6-0.730.69-0.870.640.860.430.710.750.530.70.53-0.69-0.220.59-0.80.60.250.60.650.64
0.60.680.42-0.20.54-0.60.64-0.880.580.860.450.70.710.460.670.59-0.68-0.230.54-0.830.70.460.70.610.6
0.820.810.820.470.810.120.79-0.690.740.430.450.830.80.560.820.98-0.250.180.68-0.230.610.710.610.830.71
0.970.990.90.430.94-0.070.98-0.890.940.710.70.830.990.770.990.86-0.27-0.010.87-0.450.610.660.610.930.89
0.981.00.890.390.95-0.110.99-0.890.970.750.710.80.990.811.00.83-0.34-0.050.88-0.520.580.620.580.960.9
0.840.820.790.560.840.090.86-0.550.880.530.460.560.770.810.820.5-0.080.090.92-0.30.070.370.070.740.88
0.991.00.920.460.96-0.041.0-0.860.980.70.670.820.991.00.820.83-0.27-0.020.89-0.470.550.620.550.950.91
0.820.830.790.340.79-0.020.8-0.790.730.530.590.980.860.830.50.83-0.370.080.66-0.350.750.750.750.840.71
-0.23-0.28-0.040.61-0.20.74-0.240.54-0.18-0.69-0.68-0.25-0.27-0.34-0.08-0.27-0.370.19-0.130.8-0.55-0.26-0.55-0.37-0.21
0.08-0.040.250.330.180.36-0.020.20.08-0.22-0.230.18-0.01-0.050.09-0.020.080.190.060.24-0.190.04-0.190.090.04
0.890.890.850.550.870.040.9-0.710.90.590.540.680.870.880.920.890.66-0.130.06-0.320.30.480.30.810.99
-0.43-0.48-0.20.38-0.40.68-0.450.71-0.43-0.8-0.83-0.23-0.45-0.52-0.3-0.47-0.350.80.24-0.32-0.57-0.29-0.57-0.53-0.4
0.490.560.42-0.150.43-0.410.48-0.80.410.60.70.610.610.580.070.550.75-0.55-0.190.3-0.570.561.00.570.4
0.610.620.60.220.580.180.6-0.610.550.250.460.710.660.620.370.620.75-0.260.040.48-0.290.560.560.640.53
0.490.560.42-0.150.43-0.410.48-0.80.410.60.70.610.610.580.070.550.75-0.55-0.190.3-0.571.00.560.570.4
0.970.950.890.390.97-0.010.95-0.810.950.650.610.830.930.960.740.950.84-0.370.090.81-0.530.570.640.570.85
0.90.910.850.50.89-0.020.91-0.770.90.640.60.710.890.90.880.910.71-0.210.040.99-0.40.40.530.40.85
Click cells to compare fundamentals

Omega Healthcare Account Relationship Matchups

Omega Healthcare fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.8B9.5B9.6B9.4B9.1B9.6B
Short Long Term Debt Total5.1B5.2B5.3B5.3B5.1B5.3B
Other Current Liab312.0M280.8M268.4M315.0M287.8M302.2M
Total Current Liabilities437.0M382.0M268.5M334.3M308.2M234.0M
Total Stockholder Equity4.1B3.8B3.9B3.6B3.6B3.8B
Property Plant And Equipment Net(11.4M)(10.8M)(8.2M)17.8M30.2M28.7M
Net Debt5.1B5.0B5.2B5.0B4.6B4.9B
Retained Earnings(1.8B)(2.3B)(2.5B)(2.7B)(3.2B)(3.0B)
Non Current Assets Total8.6B8.1B8.2B7.6B6.9B7.2B
Non Currrent Assets Other7.3B6.8B6.9B6.8B6.0B6.3B
Other Assets830.5M7.8B7.4B6.9B6.0B6.3B
Net Receivables1.2B1.1B1.1B1.5B1.7B1.8B
Common Stock Shares Outstanding222.1M235.1M244.3M244.3M250.5M263.0M
Liabilities And Stockholders Equity9.8B9.5B9.6B9.4B9.1B9.6B
Non Current Liabilities Total5.0B5.1B5.3B5.3B5.0B5.3B
Other Stockholder Equity6.0B6.2B6.4B6.3B3.5B2.3B
Total Liab5.5B5.5B5.5B5.6B5.4B5.6B
Total Current Assets1.2B1.4B1.4B1.8B2.3B2.4B
Short Term Debt125M101.2M96K19.2M20.4M19.4M
Intangible Assets28.0M1.9M1.6M1.4M682K647.9K
Common Stock22.7M23.1M23.9M23.4M24.5M12.3M
Accumulated Other Comprehensive Income(39.9M)(12.8M)(2.2M)20.3M29.3M30.8M
Other Liab71.5M10.8M8.2M21.8M25.1M23.9M
Cash24.1M163.5M20.5M297.1M442.8M465.0M
Long Term Debt389.7M369.5M5.3B5.3B5.0B5.3B
Cash And Short Term Investments24.1M163.5M20.5M297.1M442.8M465.0M
Property Plant Equipment7.2B6.7B6.8B6.5B7.5B7.9B
Common Stock Total Equity22.7M23.1M23.9M23.4M26.9M14.5M
Other Current Assets(441.6M)(412.6M)(287.5M)(486.7M)(671.3M)(637.7M)
Net Tangible Assets3.5B3.2B3.3B3.0B3.4B2.6B
Noncontrolling Interest In Consolidated Entity201.2M194.7M201.4M193.9M223.0M182.8M
Accounts Payable5.1B280.8M268.5M315.0M362.3M664.3M
Good Will644.4M651.7M651.4M643.2M643.9M456.7M
Retained Earnings Total Equity(1.8B)(2.3B)(2.5B)(2.7B)(2.5B)(2.4B)
Long Term Debt Total389.7M369.5M5.3B5.3B6.1B6.4B
Capital Surpluse6.0B6.2B6.4B6.3B7.3B4.5B

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Omega Healthcare Inv offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Omega Healthcare'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 Omega Healthcare Investors Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Omega Healthcare Investors Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Omega Healthcare Investors. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the Omega Healthcare Inv information on this page should be used as a complementary analysis to other Omega Healthcare's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Complementary Tools for Omega Stock analysis

When running Omega Healthcare's price analysis, check to measure Omega Healthcare'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 Omega Healthcare is operating at the current time. Most of Omega Healthcare's value examination focuses on studying past and present price action to predict the probability of Omega Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Omega Healthcare's price. Additionally, you may evaluate how the addition of Omega Healthcare to your portfolios can decrease your overall portfolio volatility.
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Money Managers
Screen money managers from public funds and ETFs managed around the world
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Is Omega Healthcare'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 Omega Healthcare. If investors know Omega 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 Omega Healthcare 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
0.775
Dividend Share
2.68
Earnings Share
1.12
Revenue Per Share
4.012
Quarterly Revenue Growth
0.115
The market value of Omega Healthcare Inv is measured differently than its book value, which is the value of Omega that is recorded on the company's balance sheet. Investors also form their own opinion of Omega Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Omega Healthcare'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 Omega Healthcare's market value can be influenced by many factors that don't directly affect Omega Healthcare'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 Omega Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Omega Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Omega Healthcare'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.