Omega Income Before Tax vs Selling General Administrative Analysis

OHI Stock  USD 40.61  0.06  0.15%   
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 Income Before Tax and its Selling General Administrative accounts. Check out Your Equity Center 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 rate.

Income Before Tax vs Selling General Administrative

Income Before Tax vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Omega Healthcare Inv Income Before Tax account and Selling General Administrative. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Omega Healthcare's Income Before Tax and Selling General Administrative is 0.59. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Selling General Administrative 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 Income Before Tax and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Omega Healthcare Investors are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Income Before Tax i.e., Omega Healthcare's Income Before Tax and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Omega Healthcare income statement and is an important metric when analyzing Omega Healthcare Inv profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Selling General Administrative

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 Your Equity Center 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 rate.
As of now, Omega Healthcare's Selling General Administrative is increasing as compared to previous years. The Omega Healthcare's current Tax Provision is estimated to increase to about 3.4 M, while Issuance Of Capital Stock is projected to decrease to under 228.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.0B861.3M842.8M884.9M
Total Revenue1.1B878.2M949.7M997.2M

Omega Healthcare fundamental ratios Correlations

0.990.90.670.990.040.99-0.80.990.650.50.530.970.980.90.990.710.10.080.89-0.430.490.610.490.970.9
0.990.840.640.96-0.041.0-0.860.970.70.550.470.990.990.931.00.670.12-0.040.89-0.480.540.620.540.950.91
0.90.840.670.910.360.86-0.520.90.350.280.690.830.840.740.850.80.110.290.83-0.090.260.580.260.820.81
0.670.640.670.660.370.62-0.490.610.15-0.130.240.680.580.430.650.380.720.20.50.030.50.530.50.630.54
0.990.960.910.660.10.97-0.740.990.60.460.560.940.960.860.960.720.080.180.87-0.40.430.580.430.970.89
0.04-0.040.360.370.1-0.020.440.06-0.73-0.470.46-0.07-0.08-0.25-0.040.330.280.360.040.68-0.410.18-0.41-0.01-0.02
0.991.00.860.620.97-0.02-0.830.980.690.560.520.981.00.921.00.710.07-0.020.9-0.450.480.60.480.950.91
-0.8-0.86-0.52-0.49-0.740.44-0.83-0.76-0.87-0.62-0.07-0.89-0.86-0.9-0.86-0.35-0.170.2-0.710.71-0.8-0.61-0.8-0.81-0.77
0.990.970.90.610.990.060.98-0.760.640.530.540.940.970.880.980.70.050.080.9-0.430.410.550.410.950.9
0.650.70.350.150.6-0.730.69-0.870.640.710.020.710.740.80.70.23-0.16-0.220.59-0.80.610.250.610.650.64
0.50.550.28-0.130.46-0.470.56-0.620.530.710.290.530.60.710.540.44-0.51-0.190.58-0.690.270.240.270.450.57
0.530.470.690.240.560.460.52-0.070.540.020.290.420.490.420.480.95-0.360.290.610.18-0.250.25-0.250.440.53
0.970.990.830.680.94-0.070.98-0.890.940.710.530.420.980.930.990.640.2-0.010.87-0.450.610.660.610.930.89
0.980.990.840.580.96-0.081.0-0.860.970.740.60.490.980.941.00.690.04-0.040.89-0.50.530.60.530.950.91
0.90.930.740.430.86-0.250.92-0.90.880.80.710.420.930.940.930.64-0.07-0.040.83-0.610.570.70.570.870.86
0.991.00.850.650.96-0.041.0-0.860.980.70.540.480.991.00.930.680.11-0.020.89-0.470.550.620.550.950.91
0.710.670.80.380.720.330.71-0.350.70.230.440.950.640.690.640.68-0.270.220.76-0.020.040.460.040.640.71
0.10.120.110.720.080.280.07-0.170.05-0.16-0.51-0.360.20.04-0.070.11-0.270.04-0.040.260.410.250.410.090.02
0.08-0.040.290.20.180.36-0.020.20.08-0.22-0.190.29-0.01-0.04-0.04-0.020.220.040.060.24-0.190.04-0.190.090.04
0.890.890.830.50.870.040.9-0.710.90.590.580.610.870.890.830.890.76-0.040.06-0.320.30.480.30.810.99
-0.43-0.48-0.090.03-0.40.68-0.450.71-0.43-0.8-0.690.18-0.45-0.5-0.61-0.47-0.020.260.24-0.32-0.57-0.29-0.57-0.53-0.4
0.490.540.260.50.43-0.410.48-0.80.410.610.27-0.250.610.530.570.550.040.41-0.190.3-0.570.561.00.570.4
0.610.620.580.530.580.180.6-0.610.550.250.240.250.660.60.70.620.460.250.040.48-0.290.560.560.640.53
0.490.540.260.50.43-0.410.48-0.80.410.610.27-0.250.610.530.570.550.040.41-0.190.3-0.571.00.560.570.4
0.970.950.820.630.97-0.010.95-0.810.950.650.450.440.930.950.870.950.640.090.090.81-0.530.570.640.570.85
0.90.910.810.540.89-0.020.91-0.770.90.640.570.530.890.910.860.910.710.020.040.99-0.40.40.530.40.85
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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 Liab312.0M225.0M268.4M315.0M236.5M248.3M
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 Assets830.5M7.8B7.4B6.9B1.5B1.1B
Net Receivables1.2B1.1B1.1B1.5B232.1M220.5M
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 Equity6.0B6.2B9.0B9.1B6.7B7.0B
Total Liab5.5B5.5B5.5B5.6B5.4B5.6B
Total Current Assets1.2B1.4B1.4B1.8B782.6M664.3M
Short Term Debt125M101.2M96K19.2M426.6M448.0M
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
Other Liab71.5M10.8M8.2M21.8M25.1M23.9M
Cash24.1M163.5M20.5M297.1M442.8M465.0M
Long Term Debt389.7M369.5M5.3B5.3B5.0B5.3B
Cash And Short Term Investments24.1M163.5M20.5M297.1M442.8M465.0M
Property Plant Equipment7.2B6.7B6.8B6.5B7.5B7.9B
Common Stock Total Equity22.7M23.1M23.9M23.4M26.9M14.5M
Other Current Assets(441.6M)85.5M(287.5M)(486.7M)107.7M113.0M
Net Tangible Assets3.5B3.2B3.3B3.0B3.4B2.6B
Noncontrolling Interest In Consolidated Entity201.2M194.7M201.4M193.9M223.0M182.8M
Accounts Payable5.1B280.8M268.5M315.0M362.3M664.3M
Good Will644.4M651.7M651.4M643.2M643.9M456.7M
Retained Earnings Total Equity(1.8B)(2.3B)(2.5B)(2.7B)(2.5B)(2.4B)
Long Term Debt Total389.7M369.5M5.3B5.3B6.1B6.4B
Capital Surpluse6.0B6.2B6.4B6.3B7.3B4.5B

Currently Active Assets on Macroaxis

When determining whether Omega Healthcare Inv offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Omega Healthcare's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Omega Healthcare Investors Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Omega Healthcare Investors Stock:
Check out Your Equity Center 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 rate.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Diversified REITs 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 Omega Healthcare. If investors know Omega 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 Omega Healthcare 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
0.137
Dividend Share
2.68
Earnings Share
1.36
Revenue Per Share
4.03
Quarterly Revenue Growth
0.14
The market value of Omega Healthcare Inv is measured differently than its book value, which is the value of Omega that is recorded on the company's balance sheet. Investors also form their own opinion of Omega Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Omega Healthcare'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 Omega Healthcare's market value can be influenced by many factors that don't directly affect Omega Healthcare'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 Omega Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Omega Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Omega Healthcare'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.