Omnicom Total Current Liabilities vs Other Stockholder Equity 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 Total Current Liabilities and its Other Stockholder Equity 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.

Total Current Liabilities vs Other Stockholder Equity

Total Current Liabilities vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Omnicom Group Total Current Liabilities account and Other Stockholder Equity. At this time, the significance of the direction appears to have very week relationship.
The correlation between Omnicom's Total Current Liabilities and Other Stockholder Equity is 0.24. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Stockholder Equity 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 Total Current Liabilities and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Omnicom Group are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Current Liabilities i.e., Omnicom's Total Current Liabilities and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Current Liabilities

Total Current Liabilities is an item on Omnicom balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Omnicom Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Other Stockholder Equity

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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