| IX Stock | | | USD 112.82 4.86 4.50% |
Orix Corp financial indicator trend analysis is much more than just breaking down Orix Corp Ads prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orix Corp Ads is a good investment. Please check the relationship between Orix Corp Accounts Payable and its Treasury Stock accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Orix Corp Ads. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
Accounts Payable vs Treasury Stock
Accounts Payable vs Treasury Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Orix Corp Ads Accounts Payable account and
Treasury Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Orix Corp's Accounts Payable and Treasury Stock is -0.2. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Treasury Stock in the same time period over historical financial statements of Orix Corp Ads, assuming nothing else is changed. The correlation between historical values of Orix Corp's Accounts Payable and Treasury Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Orix Corp Ads are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Accounts Payable i.e., Orix Corp's Accounts Payable and Treasury Stock go up and down completely randomly.
Correlation Coefficient | -0.2 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Orix Corp 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 Orix Corp Ads 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.
Treasury Stock
Most indicators from Orix Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orix Corp Ads 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Orix Corp Ads. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
At this time, Orix Corp's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 10.12 in 2024, whereas
Tax Provision is likely to drop slightly above 126.1
B in 2024.
Orix Corp fundamental ratios Correlations
Click cells to compare fundamentals
Orix Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Orix Corp fundamental ratios Accounts
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Additional Tools for Orix Stock Analysis
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measure Orix Corp'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 Orix Corp is operating at the current time. Most of Orix Corp's value examination focuses on studying past and present price action to
predict the probability of Orix Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orix Corp's price. Additionally, you may evaluate how the addition of Orix Corp to your portfolios can decrease your overall portfolio volatility.