OSI Free Cash Flow per Share vs Income Tax Expense Analysis

OSIS Stock  USD 141.44  1.60  1.14%   
OSI Systems financial indicator trend analysis is much more than just breaking down OSI Systems prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OSI Systems is a good investment. Please check the relationship between OSI Systems Free Cash Flow Per Share and its Income Tax Expense accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OSI 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 gross domestic product.
For more information on how to buy OSI Stock please use our How to Invest in OSI Systems guide.

Free Cash Flow Per Share vs Income Tax Expense

Free Cash Flow per Share vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OSI Systems Free Cash Flow per Share account and Income Tax Expense. At this time, the significance of the direction appears to have very week relationship.
The correlation between OSI Systems' Free Cash Flow per Share and Income Tax Expense is 0.27. Overlapping area represents the amount of variation of Free Cash Flow per Share that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of OSI Systems, assuming nothing else is changed. The correlation between historical values of OSI Systems' Free Cash Flow per Share and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow per Share of OSI Systems are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Free Cash Flow per Share i.e., OSI Systems' Free Cash Flow per Share and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Income Tax Expense

Most indicators from OSI Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OSI 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 OSI 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 gross domestic product.
For more information on how to buy OSI Stock please use our How to Invest in OSI Systems guide.Selling General Administrative is likely to drop to about 153.1 M in 2024. Tax Provision is likely to drop to about 25.5 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit424.4M430.5M495.1M253.4M
Total Revenue1.2B1.3B1.5B1.5B

OSI Systems fundamental ratios Correlations

0.840.950.930.960.030.830.930.940.320.99-0.110.320.950.460.740.970.08-0.850.980.70.990.74-0.470.9-0.47
0.840.790.830.69-0.360.980.820.780.460.88-0.430.460.790.080.770.78-0.36-0.610.920.330.790.74-0.660.98-0.66
0.950.790.870.90.00.80.890.870.210.95-0.040.210.90.390.750.910.16-0.780.940.640.930.64-0.470.88-0.47
0.930.830.870.88-0.050.840.930.90.20.92-0.140.210.910.30.510.950.02-0.740.930.770.930.92-0.60.85-0.6
0.960.690.90.880.180.670.910.890.280.930.070.280.920.570.620.950.22-0.860.890.80.980.67-0.350.77-0.35
0.03-0.360.0-0.050.18-0.36-0.19-0.04-0.10.00.6-0.1-0.090.75-0.080.080.88-0.25-0.070.40.07-0.220.71-0.310.71
0.830.980.80.840.67-0.360.840.810.280.88-0.50.280.810.010.740.77-0.31-0.60.910.380.770.76-0.730.97-0.73
0.930.820.890.930.91-0.190.840.920.180.92-0.220.180.960.190.580.89-0.08-0.740.910.710.930.82-0.710.87-0.71
0.940.780.870.90.89-0.040.810.920.130.92-0.280.130.950.330.670.920.07-0.770.930.70.940.72-0.560.84-0.56
0.320.460.210.20.28-0.10.280.180.130.330.131.00.130.360.450.31-0.35-0.290.34-0.140.310.150.080.410.08
0.990.880.950.920.930.00.880.920.920.33-0.160.330.920.410.790.940.03-0.850.990.630.960.72-0.50.94-0.5
-0.11-0.43-0.04-0.140.070.6-0.5-0.22-0.280.13-0.160.13-0.270.52-0.290.020.56-0.04-0.230.15-0.05-0.240.59-0.360.59
0.320.460.210.210.28-0.10.280.180.131.00.330.130.130.360.450.31-0.36-0.290.34-0.140.310.150.080.410.08
0.950.790.90.910.92-0.090.810.960.950.130.92-0.270.130.290.650.890.04-0.780.920.750.950.75-0.610.85-0.61
0.460.080.390.30.570.750.010.190.330.360.410.520.360.290.350.520.6-0.660.360.470.50.050.530.170.53
0.740.770.750.510.62-0.080.740.580.670.450.79-0.290.450.650.350.63-0.07-0.660.80.130.680.23-0.240.82-0.24
0.970.780.910.950.950.080.770.890.920.310.940.020.310.890.520.630.12-0.830.940.720.980.76-0.410.85-0.41
0.08-0.360.160.020.220.88-0.31-0.080.07-0.350.030.56-0.360.040.6-0.070.12-0.23-0.020.50.13-0.170.53-0.260.53
-0.85-0.61-0.78-0.74-0.86-0.25-0.6-0.74-0.77-0.29-0.85-0.04-0.29-0.78-0.66-0.66-0.83-0.23-0.81-0.62-0.84-0.530.21-0.690.21
0.980.920.940.930.89-0.070.910.910.930.340.99-0.230.340.920.360.80.94-0.02-0.810.60.950.75-0.530.96-0.53
0.70.330.640.770.80.40.380.710.7-0.140.630.15-0.140.750.470.130.720.5-0.620.60.760.69-0.240.39-0.24
0.990.790.930.930.980.070.770.930.940.310.96-0.050.310.950.50.680.980.13-0.840.950.760.74-0.430.85-0.43
0.740.740.640.920.67-0.220.760.820.720.150.72-0.240.150.750.050.230.76-0.17-0.530.750.690.74-0.710.71-0.71
-0.47-0.66-0.47-0.6-0.350.71-0.73-0.71-0.560.08-0.50.590.08-0.610.53-0.24-0.410.530.21-0.53-0.24-0.43-0.71-0.641.0
0.90.980.880.850.77-0.310.970.870.840.410.94-0.360.410.850.170.820.85-0.26-0.690.960.390.850.71-0.64-0.64
-0.47-0.66-0.47-0.6-0.350.71-0.73-0.71-0.560.08-0.50.590.08-0.610.53-0.24-0.410.530.21-0.53-0.24-0.43-0.711.0-0.64
Click cells to compare fundamentals

OSI Systems Account Relationship Matchups

OSI Systems fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.4B1.4B1.6B1.8B1.9B
Short Long Term Debt Total327.0M277.3M353.2M359.6M413.5M434.2M
Other Current Liab157.1M164.2M164.3M188.4M216.6M227.4M
Total Current Liabilities330.1M344.8M614.0M571.7M657.4M690.3M
Total Stockholder Equity572.2M639.8M638.4M726.2M835.1M876.8M
Property Plant And Equipment Net127.9M118.0M109.7M108.9M125.3M97.1M
Net Debt250.9M196.7M289.0M282.8M325.2M341.5M
Retained Earnings474.8M548.8M663.9M736.0M846.4M888.7M
Accounts Payable84.9M141.3M125.2M139.0M159.9M167.9M
Cash76.1M80.6M64.2M76.8M88.3M59.5M
Non Current Assets Total650.8M675.0M697.0M715.8M823.2M864.3M
Non Currrent Assets Other84.0M109.0M101.5M116.5M134.0M108.0M
Cash And Short Term Investments76.1M80.6M64.2M76.8M88.3M59.9M
Net Receivables269.8M290.7M308.0M380.8M438.0M459.9M
Common Stock Shares Outstanding18.6M18.4M17.9M17.2M19.8M18.2M
Liabilities And Stockholders Equity1.3B1.4B1.4B1.6B1.8B1.9B
Non Current Liabilities Total366.3M399.8M190.8M257.8M296.5M311.3M
Inventory241.2M294.2M333.9M338.0M388.7M408.1M
Other Current Assets30.5M43.9M40.1M44.3M50.9M36.5M
Other Stockholder Equity(25.2M)(14.7M)(25.5M)(19.6M)(17.7M)(16.8M)
Total Liab696.4M744.5M804.7M829.5M953.9M1.0B
Property Plant And Equipment Gross127.9M118.0M267.0M282.7M325.1M341.3M
Total Current Assets617.7M709.4M746.1M839.9M965.9M1.0B
Accumulated Other Comprehensive Income(25.2M)(14.7M)(25.5M)(19.6M)(17.7M)(16.8M)
Short Term Debt59.9M846K304.6M223.1M256.5M269.4M
Common Stock Total Equity122.6M105.7M17K9.8M11.3M10.7M
Intangible Assets128.3M127.6M138.4M140.9M162.0M170.1M
Common Stock122.6M105.7M17K9.8M11.3M10.7M
Other Assets56.1M109.0M73.1M83.9M96.5M101.3M
Long Term Debt267.1M276.4M48.7M136.5M157.0M164.8M
Property Plant Equipment155.9M118.0M109.7M108.9M125.3M105.3M
Other Liab79.5M123.4M111.7M97.6M112.2M65.8M
Current Deferred Revenue28.2M38.5M19.9M21.3M24.4M35.3M
Good Will310.6M320.3M336.4M349.5M401.9M422.0M
Net Tangible Assets133.2M191.9M163.7M235.8M212.2M197.6M
Retained Earnings Total Equity474.8M548.8M663.9M736.0M846.4M437.9M
Long Term Debt Total267.1M276.4M48.7M136.5M157.0M138.9M
Deferred Long Term Liab5.8M7.2M11.1M6.6M5.9M5.6M
Non Current Liabilities Other93.4M123.4M131.0M121.3M109.2M77.9M
Short Long Term Debt59.9M846K304.6M223.1M256.5M269.4M

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When determining whether OSI Systems is a strong investment it is important to analyze OSI Systems' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact OSI Systems' future performance. For an informed investment choice regarding OSI Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OSI 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 gross domestic product.
For more information on how to buy OSI Stock please use our How to Invest in OSI Systems guide.
You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

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Is OSI Systems' 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 OSI Systems. If investors know OSI 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 OSI Systems 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
1.198
Earnings Share
6.6
Revenue Per Share
81.178
Quarterly Revenue Growth
0.263
Return On Assets
0.0615
The market value of OSI Systems is measured differently than its book value, which is the value of OSI that is recorded on the company's balance sheet. Investors also form their own opinion of OSI Systems' value that differs from its market value or its book value, called intrinsic value, which is OSI Systems' 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 OSI Systems' market value can be influenced by many factors that don't directly affect OSI Systems' 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 OSI Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if OSI Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OSI Systems' 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.