Park Other Current Assets from 2010 to 2024

PKOH Stock  USD 32.17  0.13  0.41%   
Park Ohio's Other Current Assets are increasing with slightly volatile movements from year to year. Other Current Assets are predicted to flatten to about 24.1 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
1985-12-31
Previous Quarter
100.9 M
Current Value
119.2 M
Quarterly Volatility
31.3 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Park Ohio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Park Ohio's main balance sheet or income statement drivers, such as Depreciation And Amortization of 19.8 M, Interest Expense of 47.4 M or Total Revenue of 873.6 M, as well as many indicators such as Price To Sales Ratio of 0.29, Dividend Yield of 0.0146 or PTB Ratio of 1.45. Park financial statements analysis is a perfect complement when working with Park Ohio Valuation or Volatility modules.
  
Check out the analysis of Park Ohio Correlation against competitors.

Latest Park Ohio's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Park Ohio Holdings over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Park Ohio's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Park Ohio's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Park Other Current Assets Regression Statistics

Arithmetic Mean42,966,752
Geometric Mean25,462,814
Coefficient Of Variation126.65
Mean Deviation33,964,399
Median22,100,000
Standard Deviation54,416,104
Sample Variance2961.1T
Range219.6M
R-Value0.47
Mean Square Error2474.2T
R-Squared0.22
Significance0.07
Slope5,760,225
Total Sum of Squares41455.6T

Park Other Current Assets History

202424.1 M
202335.3 M
2022221.4 M
202190.4 M
202035.5 M
201919.5 M
201816.4 M

About Park Ohio Financial Statements

Investors use fundamental indicators, such as Park Ohio's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Park Ohio's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Other Current Assets35.3 M24.1 M

Currently Active Assets on Macroaxis

When determining whether Park Ohio Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Park Ohio'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 Park Ohio Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Park Ohio Holdings Stock:
Check out the analysis of Park Ohio Correlation against competitors.
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Is Industrial Machinery & Supplies & Components space 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 Park Ohio. If investors know Park 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 Park Ohio 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
(0.17)
Dividend Share
0.5
Earnings Share
3.34
Revenue Per Share
130.779
Quarterly Revenue Growth
(0)
The market value of Park Ohio Holdings is measured differently than its book value, which is the value of Park that is recorded on the company's balance sheet. Investors also form their own opinion of Park Ohio's value that differs from its market value or its book value, called intrinsic value, which is Park Ohio'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 Park Ohio's market value can be influenced by many factors that don't directly affect Park Ohio'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 Park Ohio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Park Ohio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Park Ohio'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.