Omega Cash And Short Term Investments vs Other Current Liab Analysis

0KBL Stock   40.42  0.22  0.54%   
Omega Healthcare financial indicator trend analysis is much more than just breaking down Omega Healthcare Inv prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Omega Healthcare Inv is a good investment. Please check the relationship between Omega Healthcare Cash And Short Term Investments and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Omega Healthcare Investors. 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.

Cash And Short Term Investments vs Other Current Liab

Cash And Short Term Investments vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Omega Healthcare Inv Cash And Short Term Investments account and Other Current Liab. At this time, the significance of the direction appears to have very week relationship.
The correlation between Omega Healthcare's Cash And Short Term Investments and Other Current Liab is 0.25. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Omega Healthcare Investors, assuming nothing else is changed. The correlation between historical values of Omega Healthcare's Cash And Short Term Investments and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Omega Healthcare Investors are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Cash And Short Term Investments i.e., Omega Healthcare's Cash And Short Term Investments and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.25
Relationship DirectionPositive 
Relationship StrengthVery Weak

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Omega Healthcare Inv balance sheet. This account contains Omega Healthcare investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Omega Healthcare Investors fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Other Current Liab

Most indicators from Omega Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Omega Healthcare Inv 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 Omega Healthcare Investors. 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 85.6 M in 2024, whereas Tax Provision is likely to drop slightly above 3.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.0B861.3M842.8M884.9M
Total Revenue1.1B878.2M949.7M997.2M

Omega Healthcare fundamental ratios Correlations

0.990.530.670.990.040.99-0.80.990.580.80.480.970.980.980.990.710.240.050.890.490.490.190.390.540.23
0.990.540.640.96-0.061.0-0.870.970.660.850.440.991.00.991.00.680.28-0.070.890.560.560.140.420.610.26
0.530.540.50.50.010.55-0.460.540.30.440.260.580.530.520.550.320.290.040.540.250.250.110.240.30.12
0.670.640.50.660.370.62-0.490.610.120.47-0.010.680.580.640.650.380.690.180.50.50.50.640.10.430.34
0.990.960.50.660.10.97-0.740.990.520.750.520.940.960.950.960.720.190.150.870.430.430.220.370.490.19
0.04-0.060.010.370.1-0.020.440.06-0.76-0.370.13-0.07-0.08-0.14-0.040.330.140.370.04-0.41-0.410.44-0.18-0.59-0.29
0.991.00.550.620.97-0.02-0.830.980.630.820.480.981.00.971.00.710.23-0.050.90.480.480.110.430.550.22
-0.8-0.87-0.46-0.49-0.740.44-0.83-0.76-0.83-0.96-0.15-0.89-0.86-0.91-0.86-0.35-0.390.22-0.71-0.8-0.8-0.05-0.46-0.83-0.42
0.990.970.540.610.990.060.98-0.760.550.740.50.940.970.950.980.70.180.050.90.410.410.10.380.480.17
0.580.660.30.120.52-0.760.63-0.830.550.770.290.660.680.690.640.270.03-0.280.540.570.57-0.250.380.770.33
0.80.850.440.470.75-0.370.82-0.960.740.770.290.880.850.890.850.440.33-0.110.680.770.770.170.490.750.45
0.480.440.26-0.010.520.130.48-0.150.50.290.290.40.480.380.450.85-0.390.290.58-0.2-0.2-0.080.24-0.12-0.26
0.970.990.580.680.94-0.070.98-0.890.940.660.880.40.980.980.990.640.36-0.040.870.610.610.20.440.640.32
0.981.00.530.580.96-0.081.0-0.860.970.680.850.480.980.981.00.690.22-0.070.890.530.530.090.430.590.24
0.980.990.520.640.95-0.140.97-0.910.950.690.890.380.980.980.980.60.3-0.010.850.630.630.170.430.680.34
0.991.00.550.650.96-0.041.0-0.860.980.640.850.450.991.00.980.680.28-0.050.890.550.550.150.410.60.26
0.710.680.320.380.720.330.71-0.350.70.270.440.850.640.690.60.68-0.050.180.760.040.040.110.220.04-0.2
0.240.280.290.690.190.140.23-0.390.180.030.33-0.390.360.220.30.28-0.050.00.130.630.630.5-0.210.480.35
0.05-0.070.040.180.150.37-0.050.220.05-0.28-0.110.29-0.04-0.07-0.01-0.050.180.00.04-0.21-0.210.31-0.2-0.2-0.09
0.890.890.540.50.870.040.9-0.710.90.540.680.580.870.890.850.890.760.130.040.30.30.020.440.39-0.18
0.490.560.250.50.43-0.410.48-0.80.410.570.77-0.20.610.530.630.550.040.63-0.210.31.00.390.190.890.58
0.490.560.250.50.43-0.410.48-0.80.410.570.77-0.20.610.530.630.550.040.63-0.210.31.00.390.190.890.58
0.190.140.110.640.220.440.11-0.050.1-0.250.17-0.080.20.090.170.150.110.50.310.020.390.390.140.140.31
0.390.420.240.10.37-0.180.43-0.460.380.380.490.240.440.430.430.410.22-0.21-0.20.440.190.190.140.090.11
0.540.610.30.430.49-0.590.55-0.830.480.770.75-0.120.640.590.680.60.040.48-0.20.390.890.890.140.090.53
0.230.260.120.340.19-0.290.22-0.420.170.330.45-0.260.320.240.340.26-0.20.35-0.09-0.180.580.580.310.110.53
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Omega Healthcare Account Relationship Matchups

Omega Healthcare fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.8B9.5B9.6B9.4B9.1B9.6B
Short Long Term Debt Total5.1B5.2B5.3B5.3B5.1B5.3B
Other Current Liab251.9M225.0M268.5M274.1M236.5M248.3M
Total Current Liabilities437.0M382.0M268.5M334.3M663.1M696.3M
Total Stockholder Equity4.1B3.8B3.9B3.6B3.6B3.8B
Property Plant And Equipment Net(11.4M)(10.8M)(8.2M)17.8M30.2M28.7M
Net Debt5.1B5.0B5.2B5.0B4.6B4.9B
Retained Earnings(1.8B)(2.3B)(2.5B)(2.7B)(3.2B)(3.0B)
Non Current Assets Total8.6B8.1B8.2B7.6B6.9B7.2B
Non Currrent Assets Other7.3B6.8B6.9B6.8B6.0B6.3B
Other Assets833.9M932.1M1.4B1.4B1.5B1.6B
Net Receivables1.2B1.1B1.6B1.5B232.1M220.5M
Common Stock Shares Outstanding222.1M235.1M244.3M244.3M250.5M263.0M
Liabilities And Stockholders Equity9.8B9.5B9.6B9.4B9.1B9.6B
Non Current Liabilities Total5.0B5.1B5.3B5.3B4.7B4.9B
Other Stockholder Equity6.0B6.2B6.4B6.3B6.7B7.0B
Total Liab5.5B5.5B5.5B5.6B5.4B5.6B
Total Current Assets1.2B1.4B1.4B1.8B782.6M664.3M
Short Term Debt125M101.2M96K352.2M426.6M448.0M
Intangible Assets28.0M1.9M1.6M1.4M682K647.9K
Common Stock22.7M23.1M23.9M23.4M24.5M12.3M
Accumulated Other Comprehensive Income(39.9M)(12.8M)(2.2M)20.3M29.3M30.8M
Cash24.1M163.5M20.5M297.1M442.8M465.0M
Cash And Short Term Investments24.1M163.5M20.5M297.1M442.8M465.0M
Other Current Assets14.2M85.5M206.9M13.0M107.7M58.6M
Good Will644.4M651.7M651.4M643.2M643.9M710.4M
Long Term Debt4.5B5.1B5.2B5.3B6.0B5.3B
Capital Surpluse5.1B6.0B6.2B6.4B7.4B6.1B
Property Plant Equipment7.2B6.7B6.8B6.6B7.5B7.2B
Other Liab71.5M49.3M36.4M21.8M19.7M18.7M
Net Tangible Assets3.5B3.2B3.3B3.0B3.4B3.4B

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When running Omega Healthcare's price analysis, check to measure Omega Healthcare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Omega Healthcare is operating at the current time. Most of Omega Healthcare's value examination focuses on studying past and present price action to predict the probability of Omega Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Omega Healthcare's price. Additionally, you may evaluate how the addition of Omega Healthcare to your portfolios can decrease your overall portfolio volatility.