Omkar Total Liab vs Non Current Assets Total 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 Liab and its Non Current Assets Total 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 Liab vs Non Current Assets Total

Total Liab vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Omkar Speciality Che Total Liab account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Omkar Speciality's Total Liab and Non Current Assets Total is 0.62. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Non Current Assets Total 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 Liab and Non Current Assets Total 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 Liab of Omkar Speciality Chemicals are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Liab i.e., Omkar Speciality's Total Liab and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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.