Omnicom Retained Earnings vs Property Plant And Equipment Net 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 Retained Earnings and its Property Plant And Equipment Net 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.

Retained Earnings vs Property Plant And Equipment Net

Retained Earnings 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 Omnicom Group Retained Earnings account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak relationship.
The correlation between Omnicom's Retained Earnings and Property Plant And Equipment Net is 0.36. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant And Equipment Net 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 Retained Earnings 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 Retained Earnings of Omnicom Group 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 Retained Earnings i.e., Omnicom's Retained Earnings and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 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 Profit2.5B2.6B2.8B2.3B
Total Revenue14.3B14.3B14.7B11.8B

Omnicom fundamental ratios Correlations

-0.430.910.150.890.520.140.890.950.970.5-0.530.950.930.93-0.910.730.90.58-0.150.160.980.99-0.29-0.880.96
-0.43-0.60.25-0.15-0.240.18-0.62-0.28-0.38-0.230.36-0.28-0.56-0.530.58-0.11-0.22-0.28-0.23-0.18-0.48-0.45-0.050.62-0.35
0.91-0.6-0.210.720.70.010.980.840.840.69-0.460.840.920.83-0.920.510.830.610.070.240.950.94-0.02-0.910.87
0.150.25-0.210.3-0.420.56-0.280.10.25-0.45-0.320.10.00.240.050.48-0.040.14-0.57-0.48-0.040.04-0.370.190.06
0.89-0.150.720.30.460.360.660.850.940.38-0.450.860.720.76-0.730.690.830.56-0.24-0.040.840.83-0.24-0.630.93
0.52-0.240.7-0.420.460.120.650.460.550.98-0.40.460.480.48-0.70.220.720.770.090.060.60.530.13-0.60.62
0.140.180.010.560.360.12-0.150.040.30.03-0.520.040.050.21-0.180.480.050.39-0.64-0.930.030.040.330.190.19
0.89-0.620.98-0.280.660.65-0.150.840.80.66-0.360.840.920.8-0.890.440.830.520.170.390.950.93-0.1-0.940.84
0.95-0.280.840.10.850.460.040.840.890.47-0.321.00.820.82-0.790.660.910.41-0.030.260.950.96-0.29-0.790.94
0.97-0.380.840.250.940.550.30.80.890.5-0.630.890.860.94-0.90.760.890.69-0.260.00.930.93-0.31-0.820.95
0.5-0.230.69-0.450.380.980.030.660.470.5-0.340.470.470.47-0.680.180.70.740.130.130.590.530.11-0.60.56
-0.530.36-0.46-0.32-0.45-0.4-0.52-0.36-0.32-0.63-0.34-0.32-0.57-0.720.68-0.72-0.42-0.70.630.41-0.46-0.460.10.51-0.49
0.95-0.280.840.10.860.460.040.841.00.890.47-0.320.820.82-0.790.660.910.41-0.040.260.950.96-0.29-0.790.94
0.93-0.560.920.00.720.480.050.920.820.860.47-0.570.820.9-0.90.660.770.53-0.160.210.930.94-0.16-0.910.83
0.93-0.530.830.240.760.480.210.80.820.940.47-0.720.820.9-0.940.770.810.67-0.290.040.890.9-0.36-0.880.85
-0.910.58-0.920.05-0.73-0.7-0.18-0.89-0.79-0.9-0.680.68-0.79-0.9-0.94-0.69-0.86-0.720.2-0.05-0.92-0.90.130.91-0.88
0.73-0.110.510.480.690.220.480.440.660.760.18-0.720.660.660.77-0.690.610.44-0.69-0.270.640.67-0.17-0.530.68
0.9-0.220.83-0.040.830.720.050.830.910.890.7-0.420.910.770.81-0.860.610.61-0.090.240.920.9-0.32-0.830.94
0.58-0.280.610.140.560.770.390.520.410.690.74-0.70.410.530.67-0.720.440.61-0.23-0.20.550.53-0.12-0.570.58
-0.15-0.230.07-0.57-0.240.09-0.640.17-0.03-0.260.130.63-0.04-0.16-0.290.2-0.69-0.09-0.230.64-0.04-0.06-0.01-0.05-0.11
0.16-0.180.24-0.48-0.040.06-0.930.390.260.00.130.410.260.210.04-0.05-0.270.24-0.20.640.260.26-0.45-0.430.11
0.98-0.480.95-0.040.840.60.030.950.950.930.59-0.460.950.930.89-0.920.640.920.55-0.040.260.99-0.22-0.920.96
0.99-0.450.940.040.830.530.040.930.960.930.53-0.460.960.940.9-0.90.670.90.53-0.060.260.99-0.25-0.90.94
-0.29-0.05-0.02-0.37-0.240.130.33-0.1-0.29-0.310.110.1-0.29-0.16-0.360.13-0.17-0.32-0.12-0.01-0.45-0.22-0.250.34-0.21
-0.880.62-0.910.19-0.63-0.60.19-0.94-0.79-0.82-0.60.51-0.79-0.91-0.880.91-0.53-0.83-0.57-0.05-0.43-0.92-0.90.34-0.82
0.96-0.350.870.060.930.620.190.840.940.950.56-0.490.940.830.85-0.880.680.940.58-0.110.110.960.94-0.21-0.82
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Omnicom Account Relationship Matchups

Omnicom fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets26.8B27.6B28.4B27.0B28.0B27.4B
Other Current Liab3.0B3.5B3.8B3.5B3.2B2.8B
Total Current Liabilities16.0B15.5B16.2B15.1B16.2B15.9B
Total Stockholder Equity2.9B3.1B3.3B3.3B3.6B3.3B
Property Plant And Equipment Net2.1B1.8B2.2B2.1B1.9B1.4B
Net Debt2.5B1.7B1.6B2.4B2.4B1.7B
Retained Earnings7.8B8.2B9.0B9.7B10.6B9.3B
Accounts Payable11.8B11.5B11.9B11.0B11.6B11.5B
Cash4.3B5.6B5.3B4.3B4.4B4.1B
Non Current Assets Total12.2B12.1B12.5B12.4B12.7B12.4B
Non Currrent Assets Other240.9M244.5M196.8M204M223.5M234.7M
Other Assets251.5M255M204.4M210.5M1.00.95
Cash And Short Term Investments4.3B5.6B5.3B4.3B4.4B4.1B
Net Receivables7.8B7.8B8.5B8.1B8.7B8.4B
Good Will9.4B9.6B9.7B9.7B10.1B10.2B
Common Stock Shares Outstanding220.9M216.2M215.6M207M201.4M186.2M
Short Term Investments400K5.5M3.6M60.7M69.8M73.3M
Non Current Liabilities Total7.2B8.3B8.1B7.8B7.2B7.2B
Inventory1.3B1.1B1.2B1.3B1.3B1.3B
Other Current Assets1.2B1.1B919.2M918.8M949.9M833.0M
Other Stockholder Equity(3.8B)(3.9B)(4.5B)(5.1B)(5.7B)(5.9B)
Total Liab23.2B23.9B24.3B22.8B23.4B23.2B
Total Current Assets14.6B15.6B15.9B14.6B15.4B14.9B
Intangible Assets338.2M298.5M298M313.4M366.9M348.6M
Short Long Term Debt Total6.8B7.3B6.9B6.7B6.9B6.3B
Liabilities And Stockholders Equity26.8B27.6B28.4B27.0B28.0B27.6B
Accumulated Other Comprehensive Income(1.2B)(1.2B)(1.3B)(1.4B)(1.3B)(1.4B)
Short Term Debt949.4M274.4M234.7M224.8M1.0B1.1B
Current Deferred Revenue1.2B1.4B1.6B1.5B1.4B1.5B
Long Term Debt4.9B4.4B4.5B5.8B6.7B5.4B
Capital Surpluse828.3M728.8M760.9M747.8M673.0M618.3M
Treasury Stock(3.5B)(4.0B)(4.6B)(4.7B)(4.2B)(4.4B)
Property Plant Equipment2.1B1.8B2.2B2.1B2.4B1.6B
Other Liab1.3B1.4B1.4B1.2B1.1B1.1B
Net Tangible Assets(6.9B)(6.8B)(6.8B)(6.8B)(7.8B)(8.2B)

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