ORG Stock | | | 10.89 0.08 0.74% |
Origin Energy financial indicator trend analysis is much more than just breaking down Origin Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Origin Energy is a good investment. Please check the relationship between Origin Energy Gross Profit and its Operating Income accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Origin Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Gross Profit vs Operating Income
Gross Profit vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Origin Energy Gross Profit account and
Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Origin Energy's Gross Profit and Operating Income is 0.65. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Origin Energy, assuming nothing else is changed. The correlation between historical values of Origin Energy's Gross Profit and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Origin Energy are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Gross Profit i.e., Origin Energy's Gross Profit and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.65 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Origin Energy minus its cost of goods sold. It is profit before Origin Energy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Operating Income
Operating Income is the amount of profit realized from Origin Energy operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Origin Energy is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Origin Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Origin Energy 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 Origin Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Tax Provision is likely to gain to about 636.3
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 671.5
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 49M | 2.7B | 3.4B | 2.3B | Total Revenue | 14.4B | 16.4B | 16.2B | 10.5B |
Origin Energy fundamental ratios Correlations
Click cells to compare fundamentals
Origin Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Origin Energy fundamental ratios Accounts
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Additional Tools for Origin Stock Analysis
When running Origin Energy's price analysis, check to
measure Origin Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Origin Energy is operating at the current time. Most of Origin Energy's value examination focuses on studying past and present price action to
predict the probability of Origin Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Origin Energy's price. Additionally, you may evaluate how the addition of Origin Energy to your portfolios can decrease your overall portfolio volatility.