Orange Non Current Assets Total vs Total Stockholder Equity Analysis

ORAN Stock  USD 10.68  0.17  1.62%   
Orange SA financial indicator trend analysis is much more than just breaking down Orange SA ADR prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orange SA ADR is a good investment. Please check the relationship between Orange SA Non Current Assets Total and its Total Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orange SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Non Current Assets Total vs Total Stockholder Equity

Non Current Assets Total vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orange SA ADR Non Current Assets Total account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Orange SA's Non Current Assets Total and Total Stockholder Equity is 0.69. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Orange SA ADR, assuming nothing else is changed. The correlation between historical values of Orange SA's Non Current Assets Total and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Orange SA ADR are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Current Assets Total i.e., Orange SA's Non Current Assets Total and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Orange SA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orange SA ADR 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 Orange SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of the 29th of November 2024, Issuance Of Capital Stock is likely to grow to about 8.5 M, while Selling General Administrative is likely to drop about 105.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit6.9B8.1B16.7B17.5B
Total Revenue42.5B43.5B44.1B46.4B

Orange SA fundamental ratios Correlations

0.370.780.790.710.640.29-0.280.580.720.99-0.570.890.60.840.930.830.43-0.180.970.910.010.710.660.86-0.01
0.370.210.360.330.080.99-0.180.450.610.34-0.670.640.110.420.50.07-0.230.140.310.41-0.070.620.350.260.25
0.780.210.840.610.710.16-0.220.330.390.71-0.40.740.870.530.620.870.38-0.420.750.880.060.50.830.58-0.39
0.790.360.840.60.550.3-0.490.640.580.76-0.420.830.760.680.620.770.23-0.160.770.790.240.510.740.71-0.17
0.710.330.610.60.110.27-0.240.40.550.69-0.140.690.520.860.50.6-0.2-0.080.530.69-0.440.280.510.80.05
0.640.080.710.550.110.070.010.050.160.58-0.640.520.620.170.680.770.81-0.590.750.740.150.690.730.28-0.53
0.290.990.160.30.270.07-0.140.370.510.25-0.650.570.090.340.430.03-0.250.10.230.36-0.080.590.350.170.21
-0.28-0.18-0.22-0.49-0.240.01-0.14-0.49-0.36-0.34-0.04-0.39-0.46-0.39-0.16-0.250.22-0.27-0.25-0.07-0.19-0.02-0.24-0.380.08
0.580.450.330.640.40.050.37-0.490.750.63-0.160.630.120.750.540.29-0.070.460.570.390.310.230.170.730.59
0.720.610.390.580.550.160.51-0.360.750.75-0.470.840.180.80.740.32-0.010.380.680.570.060.540.20.750.39
0.990.340.710.760.690.580.25-0.340.630.75-0.530.870.540.870.920.780.4-0.110.960.840.050.670.590.880.06
-0.57-0.67-0.4-0.42-0.14-0.64-0.65-0.04-0.16-0.47-0.53-0.62-0.27-0.28-0.74-0.41-0.480.32-0.62-0.63-0.17-0.98-0.5-0.230.17
0.890.640.740.830.690.520.57-0.390.630.840.87-0.620.620.790.850.660.17-0.020.850.860.020.710.70.75-0.02
0.60.110.870.760.520.620.09-0.460.120.180.54-0.270.620.360.390.790.27-0.480.550.7-0.010.360.880.38-0.64
0.840.420.530.680.860.170.34-0.390.750.80.87-0.280.790.360.720.6-0.060.170.730.69-0.140.410.380.970.34
0.930.50.620.620.50.680.43-0.160.540.740.92-0.740.850.390.720.690.51-0.120.950.840.050.840.560.720.08
0.830.070.870.770.60.770.03-0.250.290.320.78-0.410.660.790.60.690.52-0.450.820.87-0.070.540.760.69-0.36
0.43-0.230.380.23-0.20.81-0.250.22-0.07-0.010.4-0.480.170.27-0.060.510.52-0.480.590.430.370.530.330.07-0.33
-0.180.14-0.42-0.16-0.08-0.590.1-0.270.460.38-0.110.32-0.02-0.480.17-0.12-0.45-0.48-0.19-0.350.19-0.36-0.540.140.68
0.970.310.750.770.530.750.23-0.250.570.680.96-0.620.850.550.730.950.820.59-0.190.880.160.740.630.79-0.04
0.910.410.880.790.690.740.36-0.070.390.570.84-0.630.860.70.690.840.870.43-0.350.88-0.10.730.80.7-0.2
0.01-0.070.060.24-0.440.15-0.08-0.190.310.060.05-0.170.02-0.01-0.140.05-0.070.370.190.16-0.10.13-0.03-0.10.03
0.710.620.50.510.280.690.59-0.020.230.540.67-0.980.710.360.410.840.540.53-0.360.740.730.130.570.38-0.17
0.660.350.830.740.510.730.35-0.240.170.20.59-0.50.70.880.380.560.760.33-0.540.630.8-0.030.570.37-0.55
0.860.260.580.710.80.280.17-0.380.730.750.88-0.230.750.380.970.720.690.070.140.790.7-0.10.380.370.27
-0.010.25-0.39-0.170.05-0.530.210.080.590.390.060.17-0.02-0.640.340.08-0.36-0.330.68-0.04-0.20.03-0.17-0.550.27
Click cells to compare fundamentals

Orange SA Account Relationship Matchups

Orange SA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets106.3B110.9B111.3B113.2B110.1B105.4B
Short Long Term Debt Total43.6B51.6B52.1B53.1B8.6B8.1B
Other Current Liab13.7B11.4B11.6B11.8B13.2B9.9B
Total Current Liabilities27.7B28.3B27.3B29.2B30.5B22.2B
Total Stockholder Equity31.7B28.8B26.8B26.8B26.9B26.7B
Property Plant And Equipment Net34.7B36.1B38.2B39.6B41.4B32.3B
Net Debt37.1B43.4B43.4B47.1B3.0B2.8B
Retained Earnings(1.6B)1.3B(656M)(666M)61M64.1M
Accounts Payable6.7B6.5B6.7B7.1B7.0B5.8B
Cash6.5B8.1B8.6B6.0B5.6B5.3B
Non Current Assets Total81.3B86.1B85.7B86.7B84.8B85.6B
Non Currrent Assets Other911M(27.5B)(23.9B)(22.9B)1.7B990.8M
Cash And Short Term Investments11.3B11.4B10.9B10.5B8.3B6.7B
Net Receivables10.8B7.9B8.6B9.0B9.0B8.1B
Common Stock Shares Outstanding2.7B2.7B2.7B2.7B2.7B2.5B
Liabilities And Stockholders Equity106.3B110.9B111.3B113.2B113.7B105.6B
Non Current Liabilities Total44.2B51.2B54.2B53.9B44.4B44.4B
Inventory906M814M952M1.0B1.2B864.6M
Other Current Assets1.3B4.1B5.1B5.9B6.5B6.8B
Total Liab71.9B79.5B81.5B83.2B83.6B75.3B
Total Current Assets25.0B24.9B25.6B26.5B24.9B19.9B
Short Term Debt5.2B7.6B5.8B7.0B7.0B7.0B
Intangible Assets14.7B42.7B39.1B38.1B15.1B17.3B
Short Term Investments4.8B3.2B2.3B4.5B2.7B1.5B
Accumulated Other Comprehensive Income(1.6B)1.3B(655M)(665M)4.3B4.5B
Other Liab5.3B5.6B6.6B6.2B5.6B6.1B
Current Deferred Revenue2.1B2.1B2.7B2.7B2.9B2.4B
Other Assets1M2M(1M)38M332M315.4M
Long Term Debt33.1B30.1B31.9B32.0B28.8B31.3B
Good Will27.6B27.6B24.2B23.1B23.8B22.5B
Property Plant Equipment35.1B36.1B38.2B39.6B35.6B26.8B
Property Plant And Equipment Gross13.3B36.1B122.6B126.0B132.3B138.9B
Net Tangible Assets(10.7B)(8.3B)(6.8B)(6.3B)(7.2B)(7.6B)
Long Term Investments2.5B2.8B3.3B3.0B2.8B3.1B
Short Long Term Debt8.2B5.2B3.4B5.5B5.0B7.5B

Pair Trading with Orange SA

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Orange SA position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Orange SA will appreciate offsetting losses from the drop in the long position's value.

Moving together with Orange Stock

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Moving against Orange Stock

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The ability to find closely correlated positions to Orange SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Orange SA when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Orange SA - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Orange SA ADR to buy it.
The correlation of Orange SA is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Orange SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Orange SA ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Orange SA can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Orange SA ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Orange SA'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 Orange Sa Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Orange Sa Adr Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orange SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Diversified Telecommunication Services 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 Orange SA. If investors know Orange 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 Orange SA 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
(0.07)
Dividend Share
0.72
Earnings Share
0.84
Revenue Per Share
16.714
Quarterly Revenue Growth
0.025
The market value of Orange SA ADR is measured differently than its book value, which is the value of Orange that is recorded on the company's balance sheet. Investors also form their own opinion of Orange SA's value that differs from its market value or its book value, called intrinsic value, which is Orange SA'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 Orange SA's market value can be influenced by many factors that don't directly affect Orange SA'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 Orange SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Orange SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orange SA'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.