ODDITY Total Current Liabilities vs Total Liab Analysis
ODD Stock | 46.81 1.24 2.58% |
ODDITY Tech financial indicator trend analysis is much more than just breaking down ODDITY Tech prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ODDITY Tech is a good investment. Please check the relationship between ODDITY Tech Total Current Liabilities and its Total Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ODDITY Tech Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Total Current Liabilities vs Total Liab
Total Current Liabilities vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ODDITY Tech Total Current Liabilities account and Total Liab. At this time, the significance of the direction appears to have totally related.
The correlation between ODDITY Tech's Total Current Liabilities and Total Liab is 0.99. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Liab in the same time period over historical financial statements of ODDITY Tech Ltd, assuming nothing else is changed. The correlation between historical values of ODDITY Tech's Total Current Liabilities and Total 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 Total Current Liabilities of ODDITY Tech Ltd are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Current Liabilities i.e., ODDITY Tech's Total Current Liabilities and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Liabilities
Total Current Liabilities is an item on ODDITY Tech balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of ODDITY Tech Ltd 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.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from ODDITY Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ODDITY Tech 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in ODDITY Tech Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. At present, ODDITY Tech's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 2.9 B, whereas Sales General And Administrative To Revenue is projected to grow to (0.09).
2021 | 2023 | 2024 (projected) | Interest Expense | 877K | 789.3K | 850.8K | Depreciation And Amortization | 4.0M | 8.6M | 5.9M |
ODDITY Tech fundamental ratios Correlations
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ODDITY Tech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether ODDITY Tech is a strong investment it is important to analyze ODDITY Tech's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ODDITY Tech's future performance. For an informed investment choice regarding ODDITY Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ODDITY Tech Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Personal Care Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ODDITY Tech. If investors know ODDITY will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ODDITY Tech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.833 | Earnings Share 1.63 | Revenue Per Share 10.837 | Quarterly Revenue Growth 0.26 | Return On Assets 0.1904 |
The market value of ODDITY Tech is measured differently than its book value, which is the value of ODDITY that is recorded on the company's balance sheet. Investors also form their own opinion of ODDITY Tech's value that differs from its market value or its book value, called intrinsic value, which is ODDITY Tech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ODDITY Tech's market value can be influenced by many factors that don't directly affect ODDITY Tech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ODDITY Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if ODDITY Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ODDITY Tech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.