Omkar Total Current Liabilities vs Short Term Investments Analysis

OMKARCHEM   9.14  0.49  5.09%   
Omkar Speciality financial indicator trend analysis is much more than just breaking down Omkar Speciality Che prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Omkar Speciality Che is a good investment. Please check the relationship between Omkar Speciality Total Current Liabilities and its Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Omkar Speciality Chemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Total Current Liabilities vs Short Term Investments

Total Current Liabilities vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Omkar Speciality Che Total Current Liabilities account and Short Term Investments. At this time, the significance of the direction appears to have no relationship.
The correlation between Omkar Speciality's Total Current Liabilities and Short Term Investments is 0.0. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Omkar Speciality Chemicals, assuming nothing else is changed. The correlation between historical values of Omkar Speciality's Total Current Liabilities and Short Term Investments 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 Omkar Speciality Chemicals are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Current Liabilities i.e., Omkar Speciality's Total Current Liabilities and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

Total Current Liabilities

Total Current Liabilities is an item on Omkar Speciality balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Omkar Speciality Chemicals 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.

Short Term Investments

Short Term Investments is an item under the current assets section of Omkar Speciality balance sheet. It contains any investments Omkar Speciality Chemicals undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Omkar Speciality Che can easily liquidate in the marketplace.
Most indicators from Omkar Speciality's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Omkar Speciality Che 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 Omkar Speciality Chemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
The Omkar Speciality's current Selling General Administrative is estimated to increase to about 32 M
 2021 2023 2024 (projected)
Interest Expense60.7M69.8M115.1M
Depreciation And Amortization17.9M262.8K249.6K

Omkar Speciality fundamental ratios Correlations

-0.020.220.290.90.98-0.090.870.630.97-0.420.610.80.210.650.970.380.640.530.970.19-0.250.870.630.010.44
-0.02-0.630.82-0.430.040.990.11-0.520.090.29-0.48-0.150.70.2-0.20.44-0.390.8-0.110.70.79-0.45-0.060.21-0.54
0.22-0.63-0.250.420.18-0.680.050.760.16-0.190.740.270.05-0.140.32-0.320.36-0.30.270.06-0.260.340.06-0.150.4
0.290.82-0.25-0.090.350.780.28-0.180.390.11-0.190.160.780.070.130.39-0.350.880.190.780.83-0.150.10.0-0.2
0.9-0.430.42-0.090.85-0.490.710.790.82-0.490.760.77-0.130.470.970.130.740.120.92-0.14-0.540.990.66-0.060.57
0.980.040.180.350.85-0.030.840.551.0-0.310.540.810.210.650.930.320.640.580.920.2-0.20.810.610.030.44
-0.090.99-0.680.78-0.49-0.030.05-0.610.020.32-0.57-0.210.630.17-0.280.42-0.430.75-0.190.630.78-0.5-0.130.2-0.53
0.870.110.050.280.710.840.050.390.82-0.630.360.470.180.780.810.730.480.60.880.18-0.220.740.29-0.040.34
0.63-0.520.76-0.180.790.55-0.610.390.52-0.350.970.580.120.20.75-0.10.64-0.090.70.1-0.40.730.59-0.060.33
0.970.090.160.390.821.00.020.820.52-0.260.520.80.250.650.90.310.620.620.890.25-0.160.780.60.070.42
-0.420.29-0.190.11-0.49-0.310.32-0.63-0.35-0.26-0.2-0.060.17-0.24-0.5-0.61-0.14-0.03-0.550.160.31-0.57-0.090.61-0.21
0.61-0.480.74-0.190.760.54-0.570.360.970.52-0.20.550.140.240.7-0.130.66-0.080.660.12-0.40.690.560.160.3
0.8-0.150.270.160.770.81-0.210.470.580.8-0.060.550.090.410.8-0.070.670.30.750.07-0.280.70.64-0.020.59
0.210.70.050.78-0.130.210.630.180.120.250.170.140.090.140.080.31-0.160.740.161.00.72-0.230.10.12-0.38
0.650.2-0.140.070.470.650.170.780.20.65-0.240.240.410.140.550.560.70.50.610.13-0.330.490.180.250.2
0.97-0.20.320.130.970.93-0.280.810.750.9-0.50.70.80.080.550.280.680.340.980.07-0.370.940.7-0.050.46
0.380.44-0.320.390.130.320.420.73-0.10.31-0.61-0.13-0.070.310.560.28-0.060.620.440.320.140.21-0.13-0.13-0.08
0.64-0.390.36-0.350.740.64-0.430.480.640.62-0.140.660.67-0.160.70.68-0.06-0.020.62-0.17-0.680.70.480.150.43
0.530.8-0.30.880.120.580.750.6-0.090.62-0.03-0.080.30.740.50.340.62-0.020.430.740.530.080.150.11-0.1
0.97-0.110.270.190.920.92-0.190.880.70.89-0.550.660.750.160.610.980.440.620.430.14-0.310.910.62-0.050.43
0.190.70.060.78-0.140.20.630.180.10.250.160.120.071.00.130.070.32-0.170.740.140.71-0.240.080.1-0.38
-0.250.79-0.260.83-0.54-0.20.78-0.22-0.4-0.160.31-0.4-0.280.72-0.33-0.370.14-0.680.53-0.310.71-0.59-0.160.01-0.51
0.87-0.450.34-0.150.990.81-0.50.740.730.78-0.570.690.7-0.230.490.940.210.70.080.91-0.24-0.590.62-0.070.56
0.63-0.060.060.10.660.61-0.130.290.590.6-0.090.560.640.10.180.7-0.130.480.150.620.08-0.160.620.06-0.06
0.010.21-0.150.0-0.060.030.2-0.04-0.060.070.610.16-0.020.120.25-0.05-0.130.150.11-0.050.10.01-0.070.06-0.19
0.44-0.540.4-0.20.570.44-0.530.340.330.42-0.210.30.59-0.380.20.46-0.080.43-0.10.43-0.38-0.510.56-0.06-0.19
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Omkar Speciality Account Relationship Matchups

Omkar Speciality fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B972.8M863.6M721.7M649.5M617.1M
Short Long Term Debt Total2.3B2.3B2.3B2.3B2.6B1.8B
Other Current Liab41.9M32.9M38.1M72.6M65.3M109.4M
Total Current Liabilities1.8B1.9B1.8B2.4B2.8B1.7B
Total Stockholder Equity(1.5B)(1.6B)(1.6B)(1.7B)(1.5B)(1.5B)
Property Plant And Equipment Net681.7M530.7M279.0M261.1M235.0M223.3M
Net Debt2.3B2.3B2.3B2.3B2.6B1.6B
Accounts Payable201.5M179.8M102.4M98.5M88.7M84.3M
Cash824K3.1M1.7M2.0M1.8M1.7M
Non Current Assets Total859.9M671.8M400.4M367.6M422.7M401.6M
Non Currrent Assets Other71.2M67.8M61.0M41.4M47.6M32.1M
Cash And Short Term Investments824K3.1M1.7M3.3M3.0M2.8M
Net Receivables86.9M259.6M448.3M20.5M18.4M17.5M
Liabilities And Stockholders Equity1.1B972.8M863.6M721.7M649.5M617.1M
Non Current Liabilities Total752.2M746.4M674.8M6.0M6.9M6.5M
Inventory29.0M38.3M13.2M18.2M16.3M15.5M
Other Current Assets182.2M259.6M448.3M312.2M359.0M319.2M
Total Liab2.6B2.6B2.4B2.4B2.8B2.4B
Total Current Assets212.0M301.0M463.2M354.1M318.7M302.8M
Short Term Debt1.6B1.6B1.6B2.3B2.6B1.4B
Retained Earnings(1.8B)(1.9B)(1.9B)(1.9B)(1.7B)(1.6B)
Short Term Investments3.5M3.8M7.1M1.4M1.2M1.2M
Intangible Assets1.2M693K84K58K52.2K49.6K
Current Deferred Revenue45.6M75.7M51.0M53.6M48.3M69.2M
Other Liab9.0M8.0M8.5M6.0M5.4M5.1M
Net Tangible Assets(1.5B)(1.6B)(1.6B)(1.7B)(1.5B)(1.5B)
Other Assets239.0M172.1M(1K)102.1M117.4M109.6M
Short Long Term Debt1.6B1.6B1.6B2.3B2.6B1.5B
Property Plant Equipment683.1M530.7M279.0M261.1M235.0M223.3M
Net Invested Capital814.2M708.2M697.6M544.7M490.2M614.6M
Net Working Capital(1.6B)(1.6B)(1.3B)(2.1B)(1.9B)(2.0B)

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Other Information on Investing in Omkar Stock

Balance Sheet is a snapshot of the financial position of Omkar Speciality Che at a specified time, usually calculated after every quarter, six months, or one year. Omkar Speciality Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Omkar Speciality and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Omkar currently owns. An asset can also be divided into two categories, current and non-current.