Olaplex Other Stockholder Equity vs Net Debt Analysis

OLPX Stock  USD 2.10  0.04  1.94%   
Olaplex Holdings financial indicator trend analysis is much more than just breaking down Olaplex Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Olaplex Holdings is a good investment. Please check the relationship between Olaplex Holdings Other Stockholder Equity and its Net Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Olaplex Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Olaplex Stock please use our How to Invest in Olaplex Holdings guide.

Other Stockholder Equity vs Net Debt

Other Stockholder Equity vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Olaplex Holdings Other Stockholder Equity account and Net Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Olaplex Holdings' Other Stockholder Equity and Net Debt is 0.94. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Net Debt in the same time period over historical financial statements of Olaplex Holdings, assuming nothing else is changed. The correlation between historical values of Olaplex Holdings' Other Stockholder Equity and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Olaplex Holdings are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Other Stockholder Equity i.e., Olaplex Holdings' Other Stockholder Equity and Net Debt go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Stockholder Equity

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Olaplex Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Olaplex Holdings 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 Olaplex Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Olaplex Stock please use our How to Invest in Olaplex Holdings guide.Tax Provision is likely to rise to about 31.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 82.8 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit473.8M519.6M318.6M353.9M
Total Revenue598.4M704.3M458.3M482.1M

Olaplex Holdings fundamental ratios Correlations

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0.930.920.930.93-0.710.990.590.610.720.880.870.050.880.670.920.990.990.740.920.910.960.950.87-0.890.94
0.640.710.580.68-0.410.680.090.280.40.890.580.120.890.670.60.690.640.520.60.630.690.690.58-0.650.85
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0.990.690.970.96-0.960.810.660.90.930.751.0-0.430.750.870.580.990.850.880.970.990.990.80.76-1.00.79
-0.99-0.73-0.98-0.970.94-0.84-0.63-0.86-0.91-0.8-1.00.37-0.8-0.89-0.65-0.99-0.87-0.91-0.96-0.99-1.0-0.84-0.8-1.0-0.84
0.870.930.840.89-0.60.950.390.460.60.990.790.150.990.940.850.840.920.940.670.840.850.950.950.79-0.84
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Olaplex Holdings Account Relationship Matchups

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