Orinko Long Term Debt vs Accounts Payable Analysis

688219 Stock

12.50 0.27 2.21%

Orinko Advanced financial indicator trend analysis is much more than just breaking down Orinko Advanced Plastics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orinko Advanced Plastics is a good investment. Please check the relationship between Orinko Advanced Long Term Debt and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Orinko Advanced Plastics. 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.

Long Term Debt vs Accounts Payable

Long Term Debt vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orinko Advanced Plastics Long Term Debt account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Orinko Advanced's Long Term Debt and Accounts Payable is 0.86. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Orinko Advanced Plastics, assuming nothing else is changed. The correlation between historical values of Orinko Advanced's Long Term Debt and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Orinko Advanced Plastics are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Long Term Debt i.e., Orinko Advanced's Long Term Debt and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.86

Relationship Direction	Positive
Relationship Strength	Strong

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Long Term Debt

Long-term debt is a debt that Orinko Advanced Plastics has held for over one year. Long-term debt appears on Orinko Advanced Plastics balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Orinko Advanced Plastics balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Accounts Payable

An accounting item on the balance sheet that represents Orinko Advanced obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Orinko Advanced Plastics are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Most indicators from Orinko Advanced's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orinko Advanced Plastics 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 Orinko Advanced Plastics. 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.

The current year's Tax Provision is expected to grow to about 4.4 M, whereas Selling General Administrative is forecasted to decline to about 140.5 M.

	2021	2022	2023	2024 (projected)
Interest Expense	66.3M	67.5M	81.1M	77.4M
Interest Income	3.7M	3.7M	7.8M	4.4M

Interest Expense Interest Income

Orinko Advanced fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Capital Lease Obligations
Total Assets		-0.67	0.89	0.89	0.96	0.92	0.92	0.89	0.98	0.86	0.91	0.95	-0.62	0.8	0.92	0.77	-0.71	0.97	0.98	0.82	0.99	0.8	0.83	0.48	0.99	-0.83
Other Current Liab	-0.67		-0.43	-0.88	-0.76	-0.78	-0.35	-0.51	-0.75	-0.28	-0.48	-0.68	0.58	-0.96	-0.51	-0.38	0.28	-0.51	-0.78	-0.81	-0.59	-0.96	-0.59	-0.11	-0.68	0.73
Total Current Liabilities	0.89	-0.43		0.7	0.85	0.74	0.95	0.71	0.88	0.78	0.71	0.86	-0.64	0.64	0.72	0.8	-0.53	0.91	0.81	0.78	0.87	0.64	0.52	0.55	0.93	-0.73
Total Stockholder Equity	0.89	-0.88	0.7		0.96	0.98	0.65	0.67	0.95	0.63	0.69	0.93	-0.6	0.95	0.72	0.47	-0.52	0.76	0.95	0.91	0.82	0.95	0.73	0.4	0.9	-0.75
Net Debt	0.96	-0.76	0.85	0.96		0.97	0.81	0.75	1.0	0.74	0.77	0.98	-0.59	0.88	0.79	0.62	-0.55	0.88	0.98	0.93	0.9	0.88	0.72	0.44	0.97	-0.8
Retained Earnings	0.92	-0.78	0.74	0.98	0.97		0.73	0.69	0.96	0.75	0.74	0.97	-0.6	0.88	0.76	0.47	-0.62	0.81	0.95	0.87	0.86	0.88	0.76	0.51	0.92	-0.68
Accounts Payable	0.92	-0.35	0.95	0.65	0.81	0.73		0.84	0.85	0.9	0.86	0.85	-0.56	0.54	0.86	0.84	-0.7	0.97	0.82	0.65	0.94	0.54	0.68	0.56	0.91	-0.71
Cash	0.89	-0.51	0.71	0.67	0.75	0.69	0.84		0.8	0.79	0.98	0.72	-0.4	0.57	0.98	0.87	-0.73	0.93	0.86	0.55	0.93	0.57	0.92	0.23	0.82	-0.84
Non Current Assets Total	0.98	-0.75	0.88	0.95	1.0	0.96	0.85	0.8		0.76	0.81	0.97	-0.61	0.87	0.83	0.68	-0.58	0.91	0.98	0.92	0.93	0.87	0.75	0.44	0.98	-0.84
Non Currrent Assets Other	0.86	-0.28	0.78	0.63	0.74	0.75	0.9	0.79	0.76		0.87	0.83	-0.57	0.48	0.87	0.63	-0.92	0.89	0.77	0.47	0.9	0.48	0.79	0.74	0.82	-0.47
Long Term Debt	0.91	-0.48	0.71	0.69	0.77	0.74	0.86	0.98	0.81	0.87		0.77	-0.43	0.57	1.0	0.8	-0.82	0.94	0.87	0.53	0.95	0.57	0.95	0.35	0.83	-0.76
Net Receivables	0.95	-0.68	0.86	0.93	0.98	0.97	0.85	0.72	0.97	0.83	0.77		-0.66	0.84	0.79	0.57	-0.66	0.89	0.95	0.86	0.91	0.84	0.72	0.61	0.97	-0.69
Good Will	-0.62	0.58	-0.64	-0.6	-0.59	-0.6	-0.56	-0.4	-0.61	-0.57	-0.43	-0.66		-0.73	-0.44	-0.47	0.6	-0.57	-0.57	-0.54	-0.61	-0.73	-0.41	-0.75	-0.69	0.38
Common Stock Shares Outstanding	0.8	-0.96	0.64	0.95	0.88	0.88	0.54	0.57	0.87	0.48	0.57	0.84	-0.73		0.59	0.47	-0.42	0.66	0.87	0.89	0.72	1.0	0.62	0.35	0.83	-0.74
Non Current Liabilities Total	0.92	-0.51	0.72	0.72	0.79	0.76	0.86	0.98	0.83	0.87	1.0	0.79	-0.44	0.59		0.8	-0.82	0.94	0.89	0.56	0.96	0.59	0.95	0.36	0.85	-0.77
Inventory	0.77	-0.38	0.8	0.47	0.62	0.47	0.84	0.87	0.68	0.63	0.8	0.57	-0.47	0.47	0.8		-0.51	0.86	0.69	0.52	0.82	0.47	0.63	0.17	0.76	-0.84
Other Current Assets	-0.71	0.28	-0.53	-0.52	-0.55	-0.62	-0.7	-0.73	-0.58	-0.92	-0.82	-0.66	0.6	-0.42	-0.82	-0.51		-0.74	-0.64	-0.23	-0.78	-0.42	-0.83	-0.71	-0.65	0.32
Total Liab	0.97	-0.51	0.91	0.76	0.88	0.81	0.97	0.93	0.91	0.89	0.94	0.89	-0.57	0.66	0.94	0.86	-0.74		0.91	0.71	0.99	0.66	0.81	0.48	0.95	-0.81
Net Invested Capital	0.98	-0.78	0.81	0.95	0.98	0.95	0.82	0.86	0.98	0.77	0.87	0.95	-0.57	0.87	0.89	0.69	-0.64	0.91		0.87	0.95	0.87	0.84	0.39	0.96	-0.85
Short Long Term Debt	0.82	-0.81	0.78	0.91	0.93	0.87	0.65	0.55	0.92	0.47	0.53	0.86	-0.54	0.89	0.56	0.52	-0.23	0.71	0.87		0.72	0.89	0.47	0.26	0.87	-0.8
Total Current Assets	0.99	-0.59	0.87	0.82	0.9	0.86	0.94	0.93	0.93	0.9	0.95	0.91	-0.61	0.72	0.96	0.82	-0.78	0.99	0.95	0.72		0.72	0.87	0.49	0.96	-0.81
Capital Stock	0.8	-0.96	0.64	0.95	0.88	0.88	0.54	0.57	0.87	0.48	0.57	0.84	-0.73	1.0	0.59	0.47	-0.42	0.66	0.87	0.89	0.72		0.62	0.35	0.83	-0.74
Net Working Capital	0.83	-0.59	0.52	0.73	0.72	0.76	0.68	0.92	0.75	0.79	0.95	0.72	-0.41	0.62	0.95	0.63	-0.83	0.81	0.84	0.47	0.87	0.62		0.31	0.74	-0.67
Intangible Assets	0.48	-0.11	0.55	0.4	0.44	0.51	0.56	0.23	0.44	0.74	0.35	0.61	-0.75	0.35	0.36	0.17	-0.71	0.48	0.39	0.26	0.49	0.35	0.31		0.52	0.04
Property Plant And Equipment Net	0.99	-0.68	0.93	0.9	0.97	0.92	0.91	0.82	0.98	0.82	0.83	0.97	-0.69	0.83	0.85	0.76	-0.65	0.95	0.96	0.87	0.96	0.83	0.74	0.52		-0.82
Capital Lease Obligations	-0.83	0.73	-0.73	-0.75	-0.8	-0.68	-0.71	-0.84	-0.84	-0.47	-0.76	-0.69	0.38	-0.74	-0.77	-0.84	0.32	-0.81	-0.85	-0.8	-0.81	-0.74	-0.67	0.04	-0.82

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Orinko Advanced Account Relationship Matchups

Currently Active Assets on Macroaxis

C	Citigroup
GM	General Motors
F	Ford Motor
GM	General Motors
V	Visa Class A

Other Information on Investing in Orinko Stock

Balance Sheet is a snapshot of the financial position of Orinko Advanced Plastics at a specified time, usually calculated after every quarter, six months, or one year. Orinko Advanced Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Orinko Advanced and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Orinko currently owns. An asset can also be divided into two categories, current and non-current.

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Orinko Long Term Debt vs Accounts Payable Analysis

Long Term Debt vs Accounts Payable

Long Term Debt vs Accounts Payable Correlation Analysis

Correlation Coefficient

Long Term Debt

Accounts Payable

Orinko Advanced fundamental ratios Correlations

Orinko Advanced Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Currently Active Assets on Macroaxis

Other Information on Investing in Orinko Stock

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Non Current Assets Total	+ 1.0	Net Debt
Non Current Liabilities Total	+ 1.0	Long Term Debt
Capital Stock	+ 1.0	Common Stock Shares Outstanding
Total Current Assets	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Liab

Capital Stock	- 0.96	Other Current Liab
Common Stock Shares Outstanding	- 0.96	Other Current Liab
Other Current Assets	- 0.92	Non Currrent Assets Other
Total Stockholder Equity	- 0.88	Other Current Liab
Capital Lease Obligations	- 0.85	Net Invested Capital
Capital Lease Obligations	- 0.84	Inventory