Orion Treasury Stock vs Current Deferred Revenue Analysis

OESX Stock  USD 0.83  0.03  3.75%   
Orion Energy financial indicator trend analysis is much more than just breaking down Orion Energy Systems prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orion Energy Systems is a good investment. Please check the relationship between Orion Energy Treasury Stock and its Current Deferred Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orion Energy Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Treasury Stock vs Current Deferred Revenue

Treasury Stock vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orion Energy Systems Treasury Stock account and Current Deferred Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Orion Energy's Treasury Stock and Current Deferred Revenue is -0.33. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Orion Energy Systems, assuming nothing else is changed. The correlation between historical values of Orion Energy's Treasury Stock and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Treasury Stock of Orion Energy Systems are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Treasury Stock i.e., Orion Energy's Treasury Stock and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Treasury Stock

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Orion Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orion Energy Systems 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 Orion Energy Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Tax Provision is likely to rise to about 59.8 K in 2024, whereas Selling General Administrative is likely to drop slightly above 13.7 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue124.4M77.4M90.6M80.2M
Interest Expense80K339K847K1.1M

Orion Energy fundamental ratios Correlations

0.180.93-0.480.640.910.530.670.660.240.010.590.370.920.170.40.690.750.290.14-0.440.710.660.510.5-0.65
0.18-0.080.320.15-0.010.08-0.40.160.290.870.320.680.330.090.470.170.21-0.330.530.660.380.160.090.33-0.31
0.93-0.08-0.560.580.970.670.760.6-0.03-0.30.40.020.74-0.070.070.60.830.57-0.19-0.620.550.450.620.42-0.46
-0.480.32-0.56-0.88-0.41-0.2-0.53-0.87-0.160.22-0.38-0.08-0.46-0.16-0.14-0.26-0.28-0.3-0.030.650.04-0.19-0.160.10.34
0.640.150.58-0.880.460.240.361.00.320.190.580.420.70.220.390.360.410.130.29-0.340.170.340.210.06-0.54
0.91-0.010.97-0.410.460.770.790.49-0.09-0.240.270.050.68-0.10.10.580.850.6-0.17-0.510.610.420.570.44-0.38
0.530.080.67-0.20.240.770.590.28-0.47-0.14-0.22-0.170.22-0.38-0.180.180.790.82-0.38-0.160.31-0.010.420.280.06
0.67-0.40.76-0.530.360.790.590.380.04-0.40.11-0.020.450.120.140.580.440.54-0.12-0.680.380.450.30.32-0.2
0.660.160.6-0.871.00.490.280.380.30.190.570.410.710.190.380.370.440.160.28-0.350.190.340.230.08-0.54
0.240.29-0.03-0.160.32-0.09-0.470.040.30.460.780.790.530.780.780.5-0.3-0.760.74-0.120.260.62-0.140.3-0.74
0.010.87-0.30.220.19-0.24-0.14-0.40.190.460.240.790.250.320.60.16-0.15-0.50.70.740.210.25-0.220.25-0.2
0.590.320.4-0.380.580.27-0.220.110.570.780.240.630.80.560.60.530.19-0.450.46-0.350.420.630.240.36-0.93
0.370.680.02-0.080.420.05-0.17-0.020.410.790.790.630.620.680.950.41-0.04-0.570.910.240.530.6-0.160.28-0.62
0.920.330.74-0.460.70.680.220.450.710.530.250.80.620.410.620.680.52-0.060.42-0.310.680.790.360.47-0.81
0.170.09-0.07-0.160.22-0.1-0.380.120.190.780.320.560.680.410.780.22-0.42-0.580.59-0.130.320.67-0.420.24-0.51
0.40.470.07-0.140.390.1-0.180.140.380.780.60.60.950.620.780.39-0.09-0.520.910.060.580.66-0.210.19-0.6
0.690.170.6-0.260.360.580.180.580.370.50.160.530.410.680.220.390.340.010.26-0.310.560.720.470.75-0.49
0.750.210.83-0.280.410.850.790.440.44-0.3-0.150.19-0.040.52-0.42-0.090.340.64-0.24-0.280.510.10.650.27-0.3
0.29-0.330.57-0.30.130.60.820.540.16-0.76-0.5-0.45-0.57-0.06-0.58-0.520.010.64-0.65-0.30.04-0.210.430.030.41
0.140.53-0.19-0.030.29-0.17-0.38-0.120.280.740.70.460.910.420.590.910.26-0.24-0.650.270.370.43-0.27-0.02-0.44
-0.440.66-0.620.65-0.34-0.51-0.16-0.68-0.35-0.120.74-0.350.24-0.31-0.130.06-0.31-0.28-0.30.27-0.11-0.2-0.3-0.030.38
0.710.380.550.040.170.610.310.380.190.260.210.420.530.680.320.580.560.510.040.37-0.110.630.140.54-0.5
0.660.160.45-0.190.340.42-0.010.450.340.620.250.630.60.790.670.660.720.1-0.210.43-0.20.630.150.63-0.55
0.510.090.62-0.160.210.570.420.30.23-0.14-0.220.24-0.160.36-0.42-0.210.470.650.43-0.27-0.30.140.150.29-0.18
0.50.330.420.10.060.440.280.320.080.30.250.360.280.470.240.190.750.270.03-0.02-0.030.540.630.29-0.32
-0.65-0.31-0.460.34-0.54-0.380.06-0.2-0.54-0.74-0.2-0.93-0.62-0.81-0.51-0.6-0.49-0.30.41-0.440.38-0.5-0.55-0.18-0.32
Click cells to compare fundamentals

Orion Energy Account Relationship Matchups

Orion Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets72.6M92.8M86.8M71.6M63.2M81.9M
Short Long Term Debt Total10.1M49K35K10.0M12.1M6.9M
Total Stockholder Equity31.0M58.1M65.1M33.2M22.5M39.9M
Net Debt(18.7M)(19.3M)(14.4M)(6.0M)7.0M7.3M
Cash28.8M19.4M14.5M16.0M5.2M4.9M
Non Current Assets Total17.6M36.3M35.6M21.2M18.3M28.5M
Non Currrent Assets Other3.6M3.2M3.5M3.3M1.0M986.1K
Other Assets817K20.4M21.3M586K1.00.95
Cash And Short Term Investments28.8M19.4M14.5M16.0M5.2M4.9M
Common Stock Shares Outstanding31.0M31.3M31.3M31.7M32.5M25.3M
Liabilities And Stockholders Equity72.6M92.8M86.8M71.6M63.2M81.9M
Non Current Liabilities Total14.3M4.4M3.3M13.9M12.6M8.5M
Other Stockholder Equity120.3M121.2M122.2M124.7M125.6M103.6M
Total Liab41.5M34.7M21.7M38.3M40.6M27.1M
Total Current Assets55.0M56.5M51.2M50.4M44.8M53.5M
Other Current Liab7.2M11.3M7.5M10.3M8.2M6.0M
Total Current Liabilities27.2M30.4M18.4M24.5M28.1M20.6M
Other Liab1.4M1.7M3.3M2.0M2.4M1.6M
Property Plant And Equipment Net11.8M11.4M11.5M10.5M11.4M13.8M
Retained Earnings(89.3M)(63.2M)(57.1M)(91.4M)(103.1M)(97.9M)
Accounts Payable19.8M17.0M9.9M13.4M18.4M12.8M
Long Term Debt10.0M35K19K10.0M10M10.5M
Net Receivables11.0M16.5M14.3M15.0M18.6M16.3M
Inventory14.5M19.6M19.8M18.2M18.2M17.9M
Other Current Assets723K1.1M2.6M1.1M2.9M2.1M
Property Plant And Equipment Gross14.6M11.4M37.4M37.4M35.5M23.5M
Short Term Debt35K661K784K840K993K842.5K
Intangible Assets2.2M2.0M2.4M6.0M4.5M3.1M
Property Plant Equipment11.8M11.4M11.5M10.5M9.4M15.5M
Common Stock(36.1M)(36.2M)0.0(36.2M)(32.6M)(34.2M)
Current Deferred Revenue107K87K76K480K260K247K
Net Tangible Assets28.8M56.1M62.3M25.8M23.2M37.8M
Retained Earnings Total Equity(101.8M)(89.3M)(63.2M)(91.4M)(82.3M)(86.4M)
Long Term Debt Total4.0M9.3M10.0M10M11.5M6.7M
Capital Surpluse155.8M156.5M157.5M160.9M185.0M162.8M

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