Origin Reconciled Depreciation vs Ebit Analysis
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 Reconciled Depreciation and its Ebit 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.
Reconciled Depreciation vs Ebit
Reconciled Depreciation vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Origin Energy Reconciled Depreciation account and Ebit. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Origin Energy's Reconciled Depreciation and Ebit is -0.24. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Ebit 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 Reconciled Depreciation and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Origin Energy are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Reconciled Depreciation i.e., Origin Energy's Reconciled Depreciation and Ebit go up and down completely randomly.
Correlation Coefficient | -0.24 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Reconciled Depreciation
Ebit
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
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Origin Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Origin Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 25.1B | 21.3B | 24.0B | 18.9B | 20.5B | 19.4B | |
Short Long Term Debt Total | 6.9B | 5.2B | 3.4B | 3.3B | 3.4B | 4.9B | |
Other Current Liab | 1.4B | 1.7B | 3.0B | 2.0B | 1.8B | 1.3B | |
Total Current Liabilities | 4.6B | 5.9B | 6.9B | 4.8B | 5.6B | 3.4B | |
Total Stockholder Equity | 12.7B | 9.5B | 10.0B | 8.9B | 9.5B | 8.7B | |
Property Plant And Equipment Net | 4.3B | 3.3B | 3.3B | 3.2B | 3.9B | 6.1B | |
Current Deferred Revenue | 1.2B | 1.4B | 59M | 455M | 481M | 321.4M | |
Net Debt | 5.6B | 4.8B | 2.8B | 2.8B | 2.8B | 4.4B | |
Retained Earnings | 4.8B | 1.8B | 11M | 498M | (1.8B) | (1.7B) | |
Accounts Payable | 1.8B | 2.2B | 3.5B | 2.2B | 3.2B | 1.7B | |
Cash | 1.2B | 472M | 620M | 463M | 625M | 522.7M | |
Non Current Assets Total | 20.4B | 17.0B | 15.7B | 14.0B | 14.4B | 15.4B | |
Non Currrent Assets Other | (4.6B) | 292M | 337M | 75M | 48M | 50.4M | |
Cash And Short Term Investments | 1.7B | 975M | 1.5B | 930M | 1.4B | 771.9M | |
Net Receivables | 1.7B | 2.3B | 3.4B | 2.5B | 3.0B | 1.8B | |
Common Stock Shares Outstanding | 1.8B | 1.8B | 1.8B | 1.7B | 1.7B | 1.5B | |
Liabilities And Stockholders Equity | 25.1B | 21.3B | 24.0B | 18.9B | 20.5B | 19.4B | |
Non Current Liabilities Total | 7.8B | 5.9B | 7.1B | 5.3B | 5.4B | 6.5B | |
Inventory | 164M | 113M | 182M | 180M | 223M | 182.1M | |
Other Current Assets | 1.1B | 897M | 3.3B | 1.3B | 1.4B | 846.9M | |
Other Stockholder Equity | (18M) | (9.0B) | (7.2B) | (12M) | (52M) | (54.6M) | |
Total Liab | 12.4B | 11.8B | 14.0B | 10.0B | 11.0B | 10.1B | |
Property Plant And Equipment Gross | 4.5B | 7.2B | 7.5B | 7.3B | 8.4B | 6.7B | |
Total Current Assets | 4.7B | 4.3B | 8.3B | 5.0B | 6.0B | 3.9B | |
Accumulated Other Comprehensive Income | 716M | 525M | 3.1B | 1.5B | 4.5B | 4.7B | |
Short Term Debt | 1.4B | 2.0B | 375M | 192M | 68M | 64.6M | |
Intangible Assets | 5.4B | 4.7B | 2.5B | 2.5B | 448M | 425.6M | |
Short Term Investments | 479M | 503M | 860M | 467M | 754M | 791.7M | |
Other Liab | 2.1B | 1.9B | 3.9B | 2.2B | 2.5B | 1.8B | |
Other Assets | 674M | 383M | 3.1B | 1.7B | 1.9B | 2.0B | |
Long Term Debt | 5.0B | 3.2B | 2.6B | 2.6B | 2.9B | 4.6B | |
Property Plant Equipment | 4.5B | 3.5B | 3.5B | 3.2B | 3.6B | 6.5B | |
Net Tangible Assets | 7.3B | 5.4B | 7.5B | 6.4B | 5.8B | 5.6B | |
Long Term Investments | 9.6B | 8.4B | 6.5B | 6.6B | 7.2B | 7.0B | |
Short Long Term Debt | 1.3B | 2.3B | 257M | 128M | 115.2M | 109.4M | |
Long Term Debt Total | 5.5B | 3.2B | 3.1B | 3.1B | 2.8B | 5.1B |
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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.