Old Total Current Assets vs Good Will Analysis

ORI Stock  USD 38.99  0.19  0.49%   
Old Republic financial indicator trend analysis is much more than just breaking down Old Republic Interna prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Old Republic Interna is a good investment. Please check the relationship between Old Republic Total Current Assets and its Good Will accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old Republic International. 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 Assets vs Good Will

Total Current Assets vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Old Republic Interna Total Current Assets account and Good Will. At this time, the significance of the direction appears to have strong relationship.
The correlation between Old Republic's Total Current Assets and Good Will is 0.74. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Good Will in the same time period over historical financial statements of Old Republic International, assuming nothing else is changed. The correlation between historical values of Old Republic's Total Current Assets and Good Will 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 Assets of Old Republic International are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Total Current Assets i.e., Old Republic's Total Current Assets and Good Will go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Old Republic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Old Republic Interna 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 Old Republic International. 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 Old Republic's current Enterprise Value is estimated to increase to about 10.2 B, while Selling General Administrative is projected to decrease to under 3.1 B.
 2021 2022 2023 2024 (projected)
Total Revenue9.3B8.1B7.3B4.0B
Interest Expense56.2M66.7M70.5M74.0M

Old Republic fundamental ratios Correlations

0.770.82-0.120.970.750.10.670.420.590.220.170.040.520.540.20.380.550.77-0.18-0.160.820.590.650.270.78
0.770.66-0.180.770.660.220.490.350.370.260.12-0.010.520.420.260.380.610.56-0.24-0.230.580.260.80.290.51
0.820.66-0.430.790.810.050.860.050.220.390.15-0.280.70.730.490.580.710.88-0.22-0.190.910.330.770.340.61
-0.12-0.18-0.43-0.03-0.61-0.49-0.580.240.6-0.27-0.260.36-0.89-0.4-1.0-0.96-0.47-0.54-0.18-0.19-0.390.17-0.470.270.13
0.970.770.79-0.030.65-0.010.670.330.650.250.27-0.070.460.640.110.290.590.65-0.26-0.250.720.620.620.350.9
0.750.660.81-0.610.650.420.750.260.040.290.17-0.050.790.440.660.760.480.910.180.20.870.070.75-0.030.36
0.10.220.05-0.49-0.010.42-0.010.63-0.350.260.550.060.46-0.160.510.53-0.030.270.520.520.21-0.080.38-0.52-0.23
0.670.490.86-0.580.670.75-0.01-0.190.010.520.25-0.540.780.860.620.680.740.82-0.24-0.210.740.20.60.350.61
0.420.350.050.240.330.260.63-0.190.340.130.340.4-0.05-0.29-0.19-0.07-0.220.210.310.310.290.310.22-0.20.16
0.590.370.220.60.650.04-0.350.010.34-0.35-0.060.43-0.260.08-0.55-0.380.040.03-0.17-0.170.20.60.040.130.67
0.220.260.39-0.270.250.290.260.520.13-0.350.48-0.810.390.570.290.280.520.41-0.4-0.380.33-0.060.370.560.28
0.170.120.15-0.260.270.170.550.250.34-0.060.48-0.480.370.440.270.30.260.090.120.120.090.290.19-0.170.4
0.04-0.01-0.280.36-0.07-0.050.06-0.540.40.43-0.81-0.48-0.39-0.75-0.35-0.28-0.61-0.150.50.5-0.060.1-0.16-0.52-0.28
0.520.520.7-0.890.460.790.460.78-0.05-0.260.390.37-0.390.650.920.970.730.73-0.03-0.010.620.110.7-0.040.27
0.540.420.73-0.40.640.44-0.160.86-0.290.080.570.44-0.750.650.430.480.870.51-0.52-0.510.480.330.470.510.74
0.20.260.49-1.00.110.660.510.62-0.19-0.550.290.27-0.350.920.430.980.520.590.170.180.45-0.140.54-0.24-0.07
0.380.380.58-0.960.290.760.530.68-0.07-0.380.280.3-0.280.970.480.980.560.680.160.170.550.00.6-0.220.09
0.550.610.71-0.470.590.48-0.030.74-0.220.040.520.26-0.610.730.870.520.560.5-0.66-0.650.440.220.630.530.56
0.770.560.88-0.540.650.910.270.820.210.030.410.09-0.150.730.510.590.680.50.020.050.970.210.660.160.4
-0.18-0.24-0.22-0.18-0.260.180.52-0.240.31-0.17-0.40.120.5-0.03-0.520.170.16-0.660.021.00.03-0.19-0.06-0.85-0.4
-0.16-0.23-0.19-0.19-0.250.20.52-0.210.31-0.17-0.380.120.5-0.01-0.510.180.17-0.650.051.00.06-0.18-0.04-0.84-0.39
0.820.580.91-0.390.720.870.210.740.290.20.330.09-0.060.620.480.450.550.440.970.030.060.310.660.150.47
0.590.260.330.170.620.07-0.080.20.310.6-0.060.290.10.110.33-0.140.00.220.21-0.19-0.180.310.090.110.67
0.650.80.77-0.470.620.750.380.60.220.040.370.19-0.160.70.470.540.60.630.66-0.06-0.040.660.090.190.32
0.270.290.340.270.35-0.03-0.520.35-0.20.130.56-0.17-0.52-0.040.51-0.24-0.220.530.16-0.85-0.840.150.110.190.43
0.780.510.610.130.90.36-0.230.610.160.670.280.4-0.280.270.74-0.070.090.560.4-0.4-0.390.470.670.320.43
Click cells to compare fundamentals

Old Republic Account Relationship Matchups

Old Republic fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets21.1B22.8B25.0B25.2B26.5B27.8B
Short Long Term Debt Total973.9M1.4B2.0B2.0B1.6B1.7B
Total Stockholder Equity6.0B6.2B6.9B6.2B6.4B3.5B
Net Debt(9.4B)(10.4B)(9.8B)(11.1B)1.4B1.5B
Retained Earnings4.4B4.4B5.2B5.3B5.6B5.9B
Common Stock Shares Outstanding301.2M298.9M303.7M303.3M285.5M277.3M
Liabilities And Stockholders Equity21.1B22.8B25.0B25.2B26.5B27.8B
Non Current Liabilities Total1.1B1.1B1.8B19.0B5.2B5.7B
Total Liab1.1B1.1B1.8B19.0B20.1B21.1B
Non Current Assets Total4.0B4.1B5.3B15.8B318.3M302.4M
Non Currrent Assets Other(507.2M)(4.1B)(5.3B)12.6B105.6M110.9M
Other Assets1.4B1.4B1.6B(10.9B)20.4B21.4B
Net Receivables5.3B6.0B6.7B7.5B2.2B2.7B
Total Current Assets15.7B17.3B18.1B20.2B5.8B4.0B
Cash10.4B11.4B11.4B12.7B202.8M192.7M
Cash And Short Term Investments10.4B11.4B11.4B12.7B2.8B4.5B
Short Term Investments4.0B11.2B11.2B12.6B2.6B2.4B
Accumulated Other Comprehensive Income77.7M284M78M(522.7M)(190.6M)(181.1M)
Common Stock303.6M304.1M307.5M296.9M278.3M230.0M
Other Current Liab10.4B(397.9M)(398.4M)(399M)8.8B6.6B
Total Current Liabilities11.0B397.9M398.4M399M9.3B6.6B
Common Stock Total Equity303.6M304.1M307.5M296.9M341.4M233.2M
Other Liab7.8B4.3B4.2B9.9B11.4B11.9B
Long Term Debt973.9M966.4M1.6B1.6B1.2B710.4M
Other Current Assets2.1B3.5B3.8B4.4B798.2M1.2B
Accounts Payable616M725.4M866M1.1B1.4B1.4B
Short Term Debt974M397.9M398.4M399M399.5M675.0M
Net Tangible Assets6.0B6.2B6.9B6.2B7.1B5.3B
Retained Earnings Total Equity4.4B4.4B5.2B5.3B6.1B3.4B
Capital Surpluse1.3B1.3B1.4B1.1B1.3B1.1B
Deferred Long Term Liab112.2M137.3M249.5M40.9M47.0M58.7M
Long Term Investments14.4B15.4B5.3B3.2B15.8B9.1B
Non Current Liabilities Other13.4B14.9B15.7B16.8B19.4B14.1B

Currently Active Assets on Macroaxis

When determining whether Old Republic Interna offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Old Republic'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 Old Republic International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Old Republic International Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old Republic International. 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.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Property & Casualty Insurance 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 Old Republic. If investors know Old 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 Old Republic 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
5.952
Dividend Share
1.04
Earnings Share
3.5
Revenue Per Share
30.853
Quarterly Revenue Growth
0.33
The market value of Old Republic Interna is measured differently than its book value, which is the value of Old that is recorded on the company's balance sheet. Investors also form their own opinion of Old Republic's value that differs from its market value or its book value, called intrinsic value, which is Old Republic'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 Old Republic's market value can be influenced by many factors that don't directly affect Old Republic'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 Old Republic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old Republic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old Republic'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.