Olin Common Stock Shares Outstanding vs Property Plant And Equipment Net Analysis
OLN Stock | USD 53.76 0.46 0.86% |
Olin financial indicator trend analysis is much more than just breaking down Olin prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Olin is a good investment. Please check the relationship between Olin Common Stock Shares Outstanding and its Property Plant And Equipment Net accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Olin Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Common Stock Shares Outstanding vs Property Plant And Equipment Net
Common Stock Shares Outstanding vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Olin Common Stock Shares Outstanding account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Olin's Common Stock Shares Outstanding and Property Plant And Equipment Net is 0.89. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Olin Corporation, assuming nothing else is changed. The correlation between historical values of Olin's Common Stock Shares Outstanding and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Olin Corporation are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Common Stock Shares Outstanding i.e., Olin's Common Stock Shares Outstanding and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from Olin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Olin 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 Olin Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Olin's Tax Provision is very stable compared to the past year. As of the 1st of June 2024, Sales General And Administrative To Revenue is likely to grow to 6,247, while Selling General Administrative is likely to drop about 381.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.3B | 2.2B | 6.8B | 7.2B | Total Revenue | 8.9B | 9.4B | 6.8B | 7.2B |
Olin fundamental ratios Correlations
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Olin Account Relationship Matchups
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Olin fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.2B | 8.3B | 8.5B | 8.0B | 7.7B | 8.1B | |
Short Long Term Debt Total | 3.7B | 4.2B | 3.2B | 2.9B | 3.0B | 3.2B | |
Other Current Liab | 19M | 100K | 556.5M | 601.1M | 570.2M | 598.7M | |
Total Current Liabilities | 1.1B | 1.2B | 1.7B | 1.6B | 1.5B | 1.6B | |
Total Stockholder Equity | 2.4B | 1.5B | 2.7B | 2.5B | 2.2B | 1.2B | |
Property Plant And Equipment Net | 3.7B | 3.5B | 3.3B | 3.0B | 2.9B | 1.5B | |
Net Debt | 3.5B | 4.0B | 3.0B | 2.8B | 2.9B | 3.0B | |
Retained Earnings | 941.1M | (155.1M) | 1.0B | 2.2B | 2.6B | 2.7B | |
Cash | 220.9M | 189.7M | 180.5M | 194M | 170.3M | 184.2M | |
Non Current Assets Total | 7.5B | 6.6B | 6.3B | 5.9B | 5.7B | 6.0B | |
Non Currrent Assets Other | 1.2B | 1.2B | 1.1B | 1.1B | 1.1B | 1.2B | |
Cash And Short Term Investments | 220.9M | 189.7M | 180.5M | 194M | 170.3M | 190.3M | |
Net Receivables | 774.3M | 786M | 1.1B | 967.8M | 890M | 466.7M | |
Common Stock Shares Outstanding | 162.3M | 157.9M | 163M | 148.5M | 128.8M | 87.0M | |
Liabilities And Stockholders Equity | 9.2B | 8.3B | 8.5B | 8.0B | 7.7B | 8.1B | |
Non Current Liabilities Total | 5.7B | 5.6B | 4.2B | 3.9B | 3.9B | 4.1B | |
Inventory | 695.7M | 674.7M | 868.3M | 941.9M | 858.8M | 901.7M | |
Other Current Assets | 23.1M | 66.7M | 92.7M | 52.7M | 54.1M | 34.7M | |
Other Stockholder Equity | 2.1B | 2.1B | 2.0B | 682.7M | 24.8M | 23.6M | |
Total Liab | 6.8B | 6.8B | 5.9B | 5.5B | 5.4B | 5.7B | |
Total Current Assets | 1.7B | 1.7B | 2.2B | 2.2B | 2.0B | 1.1B | |
Short Term Debt | 81.4M | 101M | 277.9M | 81.5M | 148.1M | 140.7M | |
Intangible Assets | 448.1M | 399.4M | 331.7M | 273.8M | 245.8M | 268.5M | |
Accounts Payable | 651.9M | 729.2M | 847.7M | 837.7M | 775.4M | 814.2M | |
Property Plant And Equipment Gross | 3.7B | 3.5B | 7.4B | 7.4B | 7.7B | 8.1B | |
Accumulated Other Comprehensive Income | (803.4M) | (688.4M) | (488M) | (495.9M) | (496.3M) | (521.1M) | |
Common Stock | 157.7M | 158M | 156.8M | 132.3M | 120.2M | 96.2M | |
Common Stock Total Equity | 157.7M | 158M | 156.8M | 132.3M | 152.1M | 108.1M | |
Other Liab | 2.0B | 1.5B | 1.3B | 1.1B | 1.2B | 997.0M | |
Other Assets | 91.8M | 1.6B | 1.2B | 1.2B | 1.3B | 1.4B | |
Long Term Debt | 3.3B | 3.8B | 2.6B | 2.6B | 2.6B | 1.6B | |
Property Plant Equipment | 3.3B | 3.2B | 3.3B | 3.0B | 3.5B | 1.8B | |
Good Will | 2.1B | 1.4B | 1.4B | 1.4B | 1.4B | 1.0B | |
Net Tangible Assets | (150.3M) | 1.5B | 899.9M | 848.9M | 976.2M | 1.0B | |
Retained Earnings Total Equity | 941.1M | (155.1M) | 1.0B | 2.2B | 2.6B | 2.7B | |
Long Term Debt Total | 3.3B | 3.8B | 2.6B | 2.6B | 3.0B | 3.3B | |
Capital Surpluse | 2.1B | 2.1B | 2.0B | 682.7M | 785.1M | 745.8M | |
Deferred Long Term Liab | 454.5M | 443.2M | 558.9M | 507.3M | 583.4M | 463.7M |
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Try AI Portfolio ArchitectCheck out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Olin Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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Is Olin'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 Olin. If investors know Olin 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 Olin 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 (0.66) | Dividend Share 0.8 | Earnings Share 2.81 | Revenue Per Share 53.799 | Quarterly Revenue Growth (0.11) |
The market value of Olin is measured differently than its book value, which is the value of Olin that is recorded on the company's balance sheet. Investors also form their own opinion of Olin's value that differs from its market value or its book value, called intrinsic value, which is Olin'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 Olin's market value can be influenced by many factors that don't directly affect Olin'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 Olin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Olin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Olin'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.