Omnicom Stock Based Compensation vs Depreciation 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 Stock Based Compensation and its Depreciation 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.

Stock Based Compensation vs Depreciation

Stock Based Compensation vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Omnicom Group Stock Based Compensation account and Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Omnicom's Stock Based Compensation and Depreciation is -0.43. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Depreciation 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 Stock Based Compensation and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Omnicom Group are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Stock Based Compensation i.e., Omnicom's Stock Based Compensation and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.43
Relationship DirectionNegative 
Relationship StrengthVery Weak

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

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.
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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