Omnicom Depreciation vs Free Cash Flow Analysis

0KBK Stock

90.38 2.03 2.20%

Omnicom financial indicator trend analysis is much more than just breaking down Omnicom Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Omnicom Group is a good investment. Please check the relationship between Omnicom Depreciation and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Omnicom Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Depreciation vs Free Cash Flow

Depreciation vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Omnicom Group Depreciation account and Free Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Omnicom's Depreciation and Free Cash Flow is -0.41. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Omnicom Group, assuming nothing else is changed. The correlation between historical values of Omnicom's Depreciation and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Omnicom Group are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Depreciation i.e., Omnicom's Depreciation and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.41

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Depreciation

Depreciation indicates how much of Omnicom Group value has been used up. For tax purposes Omnicom can deduct the cost of the tangible assets it purchases as business expenses. However, Omnicom Group must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Omnicom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Omnicom Group 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Omnicom Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to gain to about 1.4 B in 2024. Tax Provision is likely to gain to about 406.4 M in 2024

	2021	2022	2023	2024 (projected)
Gross Profit	2.5B	2.6B	2.8B	2.3B
Total Revenue	14.3B	14.3B	14.7B	11.8B

Gross Profit Total Revenue

Omnicom fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Short Long Term Debt Total
Total Assets		-0.43	0.91	0.15	0.89	0.52	0.14	0.89	0.95	0.97	0.5	-0.53	0.95	0.93	0.93	-0.91	0.73	0.9	0.58	-0.15	0.16	0.98	0.99	-0.29	-0.88	0.96
Other Current Liab	-0.43		-0.6	0.25	-0.15	-0.24	0.18	-0.62	-0.28	-0.38	-0.23	0.36	-0.28	-0.56	-0.53	0.58	-0.11	-0.22	-0.28	-0.23	-0.18	-0.48	-0.45	-0.05	0.62	-0.35
Total Current Liabilities	0.91	-0.6		-0.21	0.72	0.7	0.01	0.98	0.84	0.84	0.69	-0.46	0.84	0.92	0.83	-0.92	0.51	0.83	0.61	0.07	0.24	0.95	0.94	-0.02	-0.91	0.87
Total Stockholder Equity	0.15	0.25	-0.21		0.3	-0.42	0.56	-0.28	0.1	0.25	-0.45	-0.32	0.1	0.0	0.24	0.05	0.48	-0.04	0.14	-0.57	-0.48	-0.04	0.04	-0.37	0.19	0.06
Property Plant And Equipment Net	0.89	-0.15	0.72	0.3		0.46	0.36	0.66	0.85	0.94	0.38	-0.45	0.86	0.72	0.76	-0.73	0.69	0.83	0.56	-0.24	-0.04	0.84	0.83	-0.24	-0.63	0.93
Net Debt	0.52	-0.24	0.7	-0.42	0.46		0.12	0.65	0.46	0.55	0.98	-0.4	0.46	0.48	0.48	-0.7	0.22	0.72	0.77	0.09	0.06	0.6	0.53	0.13	-0.6	0.62
Retained Earnings	0.14	0.18	0.01	0.56	0.36	0.12		-0.15	0.04	0.3	0.03	-0.52	0.04	0.05	0.21	-0.18	0.48	0.05	0.39	-0.64	-0.93	0.03	0.04	0.33	0.19	0.19
Accounts Payable	0.89	-0.62	0.98	-0.28	0.66	0.65	-0.15		0.84	0.8	0.66	-0.36	0.84	0.92	0.8	-0.89	0.44	0.83	0.52	0.17	0.39	0.95	0.93	-0.1	-0.94	0.84
Cash	0.95	-0.28	0.84	0.1	0.85	0.46	0.04	0.84		0.89	0.47	-0.32	1.0	0.82	0.82	-0.79	0.66	0.91	0.41	-0.03	0.26	0.95	0.96	-0.29	-0.79	0.94
Non Current Assets Total	0.97	-0.38	0.84	0.25	0.94	0.55	0.3	0.8	0.89		0.5	-0.63	0.89	0.86	0.94	-0.9	0.76	0.89	0.69	-0.26	0.0	0.93	0.93	-0.31	-0.82	0.95
Non Currrent Assets Other	0.5	-0.23	0.69	-0.45	0.38	0.98	0.03	0.66	0.47	0.5		-0.34	0.47	0.47	0.47	-0.68	0.18	0.7	0.74	0.13	0.13	0.59	0.53	0.11	-0.6	0.56
Other Assets	-0.53	0.36	-0.46	-0.32	-0.45	-0.4	-0.52	-0.36	-0.32	-0.63	-0.34		-0.32	-0.57	-0.72	0.68	-0.72	-0.42	-0.7	0.63	0.41	-0.46	-0.46	0.1	0.51	-0.49
Cash And Short Term Investments	0.95	-0.28	0.84	0.1	0.86	0.46	0.04	0.84	1.0	0.89	0.47	-0.32		0.82	0.82	-0.79	0.66	0.91	0.41	-0.04	0.26	0.95	0.96	-0.29	-0.79	0.94
Net Receivables	0.93	-0.56	0.92	0.0	0.72	0.48	0.05	0.92	0.82	0.86	0.47	-0.57	0.82		0.9	-0.9	0.66	0.77	0.53	-0.16	0.21	0.93	0.94	-0.16	-0.91	0.83
Good Will	0.93	-0.53	0.83	0.24	0.76	0.48	0.21	0.8	0.82	0.94	0.47	-0.72	0.82	0.9		-0.94	0.77	0.81	0.67	-0.29	0.04	0.89	0.9	-0.36	-0.88	0.85
Common Stock Shares Outstanding	-0.91	0.58	-0.92	0.05	-0.73	-0.7	-0.18	-0.89	-0.79	-0.9	-0.68	0.68	-0.79	-0.9	-0.94		-0.69	-0.86	-0.72	0.2	-0.05	-0.92	-0.9	0.13	0.91	-0.88
Short Term Investments	0.73	-0.11	0.51	0.48	0.69	0.22	0.48	0.44	0.66	0.76	0.18	-0.72	0.66	0.66	0.77	-0.69		0.61	0.44	-0.69	-0.27	0.64	0.67	-0.17	-0.53	0.68
Non Current Liabilities Total	0.9	-0.22	0.83	-0.04	0.83	0.72	0.05	0.83	0.91	0.89	0.7	-0.42	0.91	0.77	0.81	-0.86	0.61		0.61	-0.09	0.24	0.92	0.9	-0.32	-0.83	0.94
Inventory	0.58	-0.28	0.61	0.14	0.56	0.77	0.39	0.52	0.41	0.69	0.74	-0.7	0.41	0.53	0.67	-0.72	0.44	0.61		-0.23	-0.2	0.55	0.53	-0.12	-0.57	0.58
Other Current Assets	-0.15	-0.23	0.07	-0.57	-0.24	0.09	-0.64	0.17	-0.03	-0.26	0.13	0.63	-0.04	-0.16	-0.29	0.2	-0.69	-0.09	-0.23		0.64	-0.04	-0.06	-0.01	-0.05	-0.11
Other Stockholder Equity	0.16	-0.18	0.24	-0.48	-0.04	0.06	-0.93	0.39	0.26	0.0	0.13	0.41	0.26	0.21	0.04	-0.05	-0.27	0.24	-0.2	0.64		0.26	0.26	-0.45	-0.43	0.11
Total Liab	0.98	-0.48	0.95	-0.04	0.84	0.6	0.03	0.95	0.95	0.93	0.59	-0.46	0.95	0.93	0.89	-0.92	0.64	0.92	0.55	-0.04	0.26		0.99	-0.22	-0.92	0.96
Total Current Assets	0.99	-0.45	0.94	0.04	0.83	0.53	0.04	0.93	0.96	0.93	0.53	-0.46	0.96	0.94	0.9	-0.9	0.67	0.9	0.53	-0.06	0.26	0.99		-0.25	-0.9	0.94
Intangible Assets	-0.29	-0.05	-0.02	-0.37	-0.24	0.13	0.33	-0.1	-0.29	-0.31	0.11	0.1	-0.29	-0.16	-0.36	0.13	-0.17	-0.32	-0.12	-0.01	-0.45	-0.22	-0.25		0.34	-0.21
Common Stock	-0.88	0.62	-0.91	0.19	-0.63	-0.6	0.19	-0.94	-0.79	-0.82	-0.6	0.51	-0.79	-0.91	-0.88	0.91	-0.53	-0.83	-0.57	-0.05	-0.43	-0.92	-0.9	0.34		-0.82
Short Long Term Debt Total	0.96	-0.35	0.87	0.06	0.93	0.62	0.19	0.84	0.94	0.95	0.56	-0.49	0.94	0.83	0.85	-0.88	0.68	0.94	0.58	-0.11	0.11	0.96	0.94	-0.21	-0.82

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Omnicom Account Relationship Matchups

Omnicom fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	26.8B	27.6B	28.4B	27.0B	28.0B	27.4B
Other Current Liab	3.0B	3.5B	3.8B	3.5B	3.2B	2.8B
Total Current Liabilities	16.0B	15.5B	16.2B	15.1B	16.2B	15.9B
Total Stockholder Equity	2.9B	3.1B	3.3B	3.3B	3.6B	3.3B
Property Plant And Equipment Net	2.1B	1.8B	2.2B	2.1B	1.9B	1.4B
Net Debt	2.5B	1.7B	1.6B	2.4B	2.4B	1.7B
Retained Earnings	7.8B	8.2B	9.0B	9.7B	10.6B	9.3B
Accounts Payable	11.8B	11.5B	11.9B	11.0B	11.6B	11.5B
Cash	4.3B	5.6B	5.3B	4.3B	4.4B	4.1B
Non Current Assets Total	12.2B	12.1B	12.5B	12.4B	12.7B	12.4B
Non Currrent Assets Other	240.9M	244.5M	196.8M	204M	223.5M	234.7M
Other Assets	251.5M	255M	204.4M	210.5M	1.0	0.95
Cash And Short Term Investments	4.3B	5.6B	5.3B	4.3B	4.4B	4.1B
Net Receivables	7.8B	7.8B	8.5B	8.1B	8.7B	8.4B
Good Will	9.4B	9.6B	9.7B	9.7B	10.1B	10.2B
Common Stock Shares Outstanding	220.9M	216.2M	215.6M	207M	201.4M	186.2M
Short Term Investments	400K	5.5M	3.6M	60.7M	69.8M	73.3M
Non Current Liabilities Total	7.2B	8.3B	8.1B	7.8B	7.2B	7.2B
Inventory	1.3B	1.1B	1.2B	1.3B	1.3B	1.3B
Other Current Assets	1.2B	1.1B	919.2M	918.8M	949.9M	833.0M
Other Stockholder Equity	(3.8B)	(3.9B)	(4.5B)	(5.1B)	(5.7B)	(5.9B)
Total Liab	23.2B	23.9B	24.3B	22.8B	23.4B	23.2B
Total Current Assets	14.6B	15.6B	15.9B	14.6B	15.4B	14.9B
Intangible Assets	338.2M	298.5M	298M	313.4M	366.9M	348.6M
Short Long Term Debt Total	6.8B	7.3B	6.9B	6.7B	6.9B	6.3B
Liabilities And Stockholders Equity	26.8B	27.6B	28.4B	27.0B	28.0B	27.6B
Accumulated Other Comprehensive Income	(1.2B)	(1.2B)	(1.3B)	(1.4B)	(1.3B)	(1.4B)
Short Term Debt	949.4M	274.4M	234.7M	224.8M	1.0B	1.1B
Current Deferred Revenue	1.2B	1.4B	1.6B	1.5B	1.4B	1.5B
Long Term Debt	4.9B	4.4B	4.5B	5.8B	6.7B	5.4B
Capital Surpluse	828.3M	728.8M	760.9M	747.8M	673.0M	618.3M
Treasury Stock	(3.5B)	(4.0B)	(4.6B)	(4.7B)	(4.2B)	(4.4B)
Property Plant Equipment	2.1B	1.8B	2.2B	2.1B	2.4B	1.6B
Other Liab	1.3B	1.4B	1.4B	1.2B	1.1B	1.1B
Net Tangible Assets	(6.9B)	(6.8B)	(6.8B)	(6.8B)	(7.8B)	(8.2B)

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Omnicom Depreciation vs Free Cash Flow Analysis

Depreciation vs Free Cash Flow

Depreciation vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Depreciation

Free Cash Flow

Omnicom fundamental ratios Correlations

Omnicom Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Omnicom fundamental ratios Accounts

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Additional Tools for Omnicom Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Liab
Total Liab	+ 0.98	Total Assets
Accounts Payable	+ 0.98	Total Current Liabilities
Non Currrent Assets Other	+ 0.98	Net Debt

Common Stock Shares Outstanding	- 0.94	Good Will
Common Stock	- 0.94	Accounts Payable
Other Stockholder Equity	- 0.93	Retained Earnings
Common Stock	- 0.92	Total Liab
Total Liab	- 0.92	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.92	Total Current Liabilities