Omega Good Will vs Other Stockholder Equity Analysis

0KBL Stock   40.72  0.08  0.20%   
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 Good Will and its Other Stockholder Equity 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.

Good Will vs Other Stockholder Equity

Good Will vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Omega Healthcare Inv Good Will account and Other Stockholder Equity. At this time, the significance of the direction appears to have weak relationship.
The correlation between Omega Healthcare's Good Will and Other Stockholder Equity is 0.34. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Other Stockholder Equity 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 Good Will 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 Good Will of Omega Healthcare Investors 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 Good Will i.e., Omega Healthcare's Good Will and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Other Stockholder Equity

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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