Oil Dri Stock Current Ratio
ODC Stock | USD 69.56 0.24 0.34% |
Oil Dri fundamentals help investors to digest information that contributes to Oil Dri's financial success or failures. It also enables traders to predict the movement of Oil Stock. The fundamental analysis module provides a way to measure Oil Dri's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Oil Dri stock.
Last Reported | Projected for Next Year | ||
Current Ratio | 2.21 | 3.14 |
Oil | Current Ratio |
Oil Dri Company Current Ratio Analysis
Oil Dri's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Oil Dri Current Ratio | 2.36 X |
Most of Oil Dri's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Oil Dri is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Oil Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Oil Dri is extremely important. It helps to project a fair market value of Oil Stock properly, considering its historical fundamentals such as Current Ratio. Since Oil Dri's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Oil Dri's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Oil Dri's interrelated accounts and indicators.
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Oil Current Ratio Historical Pattern
Today, most investors in Oil Dri Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Oil Dri's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Oil Dri current ratio as a starting point in their analysis.
Oil Dri Current Ratio |
Timeline |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition |
Oil Price To Sales Ratio
Price To Sales Ratio |
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In accordance with the recently published financial statements, Oil Dri has a Current Ratio of 2.36 times. This is 38.38% lower than that of the Household Products sector and 37.57% lower than that of the Consumer Staples industry. The current ratio for all United States stocks is 9.26% lower than that of the firm.
Oil Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Oil Dri's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Oil Dri could also be used in its relative valuation, which is a method of valuing Oil Dri by comparing valuation metrics of similar companies.Oil Dri is currently under evaluation in current ratio category among its peers.
Oil Dri ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Oil Dri's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Oil Dri's managers, analysts, and investors.Environmental | Governance | Social |
Oil Fundamentals
Return On Equity | 0.2 | ||||
Return On Asset | 0.1 | ||||
Profit Margin | 0.09 % | ||||
Operating Margin | 0.11 % | ||||
Current Valuation | 551.12 M | ||||
Shares Outstanding | 5.13 M | ||||
Shares Owned By Insiders | 4.36 % | ||||
Shares Owned By Institutions | 69.22 % | ||||
Number Of Shares Shorted | 82.96 K | ||||
Price To Earning | 13.26 X | ||||
Price To Book | 2.41 X | ||||
Price To Sales | 1.16 X | ||||
Revenue | 437.59 M | ||||
Gross Profit | 104.14 M | ||||
EBITDA | 70.74 M | ||||
Net Income | 39.43 M | ||||
Cash And Equivalents | 31.75 M | ||||
Cash Per Share | 2.29 X | ||||
Total Debt | 70.72 M | ||||
Debt To Equity | 0.30 % | ||||
Current Ratio | 2.36 X | ||||
Book Value Per Share | 28.86 X | ||||
Cash Flow From Operations | 60.31 M | ||||
Short Ratio | 5.04 X | ||||
Earnings Per Share | 5.40 X | ||||
Number Of Employees | 949 | ||||
Beta | 0.59 | ||||
Market Capitalization | 507.08 M | ||||
Total Asset | 354.61 M | ||||
Retained Earnings | 232.25 M | ||||
Working Capital | 80.48 M | ||||
Current Asset | 86 M | ||||
Current Liabilities | 27.33 M | ||||
Annual Yield | 0.02 % | ||||
Five Year Return | 2.97 % | ||||
Net Asset | 354.61 M | ||||
Last Dividend Paid | 1.18 |
About Oil Dri Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Oil Dri's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Oil Dri using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Oil Dri based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Oil Dri offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Oil Dri'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 Oil Dri Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Oil Dri Stock:Check out Oil Dri Piotroski F Score and Oil Dri Altman Z Score analysis. For information on how to trade Oil Stock refer to our How to Trade Oil Stock guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Household Products 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 Oil Dri. If investors know Oil 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 Oil Dri 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 (0.01) | Dividend Share 1.18 | Earnings Share 5.4 | Revenue Per Share 63.779 | Quarterly Revenue Growth 0.059 |
The market value of Oil Dri is measured differently than its book value, which is the value of Oil that is recorded on the company's balance sheet. Investors also form their own opinion of Oil Dri's value that differs from its market value or its book value, called intrinsic value, which is Oil Dri'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 Oil Dri's market value can be influenced by many factors that don't directly affect Oil Dri'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 Oil Dri's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oil Dri is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oil Dri'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.