Ollies Inventory vs Other Current Liab Analysis
OLLI Stock | USD 117.91 0.28 0.24% |
Ollies Bargain financial indicator trend analysis is much more than just breaking down Ollies Bargain Outlet prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ollies Bargain Outlet is a good investment. Please check the relationship between Ollies Bargain Inventory and its Other Current Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ollies Bargain Outlet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Inventory vs Other Current Liab
Inventory vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ollies Bargain Outlet Inventory account and Other Current Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Ollies Bargain's Inventory and Other Current Liab is -0.6. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Ollies Bargain Outlet, assuming nothing else is changed. The correlation between historical values of Ollies Bargain's Inventory and Other Current 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 Inventory of Ollies Bargain Outlet are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Inventory i.e., Ollies Bargain's Inventory and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.6 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Inventory
Other Current Liab
Most indicators from Ollies Bargain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ollies Bargain Outlet 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 Ollies Bargain Outlet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. As of now, Ollies Bargain's Enterprise Value Over EBITDA is decreasing as compared to previous years. The Ollies Bargain's current Enterprise Value Multiple is estimated to increase to 19.91, while Selling General Administrative is projected to decrease to under 370.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 209K | 3.0M | 14.7M | 15.4M | Depreciation And Amortization | 24.9M | 28.7M | 34.9M | 18.1M |
Ollies Bargain fundamental ratios Correlations
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Ollies Bargain Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ollies Bargain fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.6B | 2.0B | 2.0B | 2.0B | 2.3B | 1.6B | |
Short Long Term Debt Total | 350.1M | 387.2M | 430.9M | 441.2M | 488.7M | 313.2M | |
Other Current Liab | 50.7M | 15.5M | (7.7M) | (22.3M) | (19.1M) | (18.1M) | |
Total Current Liabilities | 177.0M | 283.8M | 263.3M | 259.3M | 315.6M | 195.6M | |
Total Stockholder Equity | 1.1B | 1.3B | 1.3B | 1.4B | 1.5B | 1.0B | |
Other Liab | 64.9M | 59.4M | 65.1M | 66.2M | 76.1M | 62.7M | |
Property Plant And Equipment Net | 480.8M | 519.3M | 567.7M | 612.3M | 745.6M | 782.9M | |
Current Deferred Revenue | 9.9M | 10.0M | 10.1M | 10.7M | 12.8M | 10.2M | |
Net Debt | 260.2M | (60.0M) | 183.9M | 230.6M | 222.5M | 117.6M | |
Retained Earnings | 483.6M | 726.3M | 883.7M | 986.5M | 1.2B | 1.2B | |
Accounts Payable | 63.2M | 117.2M | 106.6M | 90.2M | 128.1M | 84.7M | |
Cash | 90.0M | 447.1M | 247.0M | 210.6M | 266.3M | 151.5M | |
Non Current Assets Total | 1.2B | 1.2B | 1.2B | 1.3B | 1.4B | 1.1B | |
Non Currrent Assets Other | 2.5M | 2.4M | 2.2M | (68.5M) | 2.2M | 2.3M | |
Other Assets | 4.3M | 2.5M | 2.4M | 2.2M | 2.0M | 2.8M | |
Long Term Debt | 527K | 656K | 719K | 858K | 1.0M | 970.9K | |
Cash And Short Term Investments | 90.0M | 447.1M | 247.0M | 270.8M | 353.2M | 370.9M | |
Net Receivables | 2.8M | 621K | 1.4M | 2.4M | 2.2M | 1.2M | |
Common Stock Total Equity | 63K | 64K | 66K | 67K | 77.1K | 66.6K | |
Common Stock Shares Outstanding | 65.9M | 65.9M | 64.9M | 62.7M | 62.1M | 68.0M | |
Liabilities And Stockholders Equity | 1.6B | 2.0B | 2.0B | 2.0B | 2.3B | 1.6B | |
Non Current Liabilities Total | 356.4M | 387.2M | 421.2M | 422.7M | 470.8M | 356.7M | |
Inventory | 335.2M | 353.7M | 467.3M | 470.5M | 505.8M | 340.1M | |
Other Current Assets | 5.6M | 14.6M | 22.3M | 10.6M | 10.2M | 9.4M | |
Other Stockholder Equity | 575.3M | 608.5M | 403.9M | 375.5M | 340.2M | 408.3M | |
Total Liab | 533.4M | 671.0M | 684.5M | 682.0M | 786.4M | 552.2M | |
Property Plant And Equipment Gross | 484.8M | 519.3M | 567.7M | 612.3M | 929.8M | 976.3M | |
Total Current Assets | 433.5M | 808.8M | 726.8M | 754.3M | 871.4M | 515.7M | |
Short Term Debt | 53.1M | 130.1M | 151.7M | 177.7M | 179.0M | 187.9M | |
Common Stock | 63K | 64K | 66K | 67K | 77.1K | 67.2K | |
Property Plant Equipment | 484.8M | 519.3M | 567.7M | 175.9M | 202.3M | 227.6M | |
Net Tangible Assets | 383.5M | 659.5M | 612.3M | 686.7M | 789.7M | 829.1M | |
Short Long Term Debt | 273K | 328K | 332K | 430K | 639K | 607.1K | |
Long Term Debt Total | 527K | 656K | 719K | 858K | 772.2K | 733.6K | |
Capital Surpluse | 615.4M | 648.9M | 664.3M | 677.7M | 779.3M | 672.7M |
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When determining whether Ollies Bargain Outlet offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ollies Bargain'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 Ollies Bargain Outlet Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ollies Bargain Outlet Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ollies Bargain Outlet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Broadline Retail 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 Ollies Bargain. If investors know Ollies 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 Ollies Bargain 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 0.162 | Earnings Share 3.36 | Revenue Per Share 36.047 | Quarterly Revenue Growth 0.124 | Return On Assets 0.0701 |
The market value of Ollies Bargain Outlet is measured differently than its book value, which is the value of Ollies that is recorded on the company's balance sheet. Investors also form their own opinion of Ollies Bargain's value that differs from its market value or its book value, called intrinsic value, which is Ollies Bargain'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 Ollies Bargain's market value can be influenced by many factors that don't directly affect Ollies Bargain'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 Ollies Bargain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ollies Bargain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ollies Bargain'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.