OSIS Stock | | | USD 171.35 0.00 0.00% |
OSI Systems financial indicator trend analysis is much more than just breaking down OSI Systems prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OSI Systems is a good investment. Please check the relationship between OSI Systems Common Stock Total Equity and its Total Current Liabilities accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in OSI Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
For more information on how to buy OSI Stock please use our
How to Invest in OSI Systems guide.
Common Stock Total Equity vs Total Current Liabilities
Common Stock Total Equity vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
OSI Systems Common Stock Total Equity account and
Total Current Liabilities. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between OSI Systems' Common Stock Total Equity and Total Current Liabilities is -0.62. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of OSI Systems, assuming nothing else is changed. The correlation between historical values of OSI Systems' Common Stock Total Equity and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of OSI Systems are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Common Stock Total Equity i.e., OSI Systems' Common Stock Total Equity and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.62 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Total Current Liabilities
Total Current Liabilities is an item on OSI Systems balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of OSI Systems are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from OSI Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OSI Systems 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 OSI Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
For more information on how to buy OSI Stock please use our
How to Invest in OSI Systems guide.
Enterprise Value is likely to gain to about 2.6
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 158.5
M in 2024.
OSI Systems fundamental ratios Correlations
Click cells to compare fundamentals
OSI Systems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
OSI Systems fundamental ratios Accounts
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Additional Tools for OSI Stock Analysis
When running OSI Systems' price analysis, check to
measure OSI Systems' 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 OSI Systems is operating at the current time. Most of OSI Systems' value examination focuses on studying past and present price action to
predict the probability of OSI Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OSI Systems' price. Additionally, you may evaluate how the addition of OSI Systems to your portfolios can decrease your overall portfolio volatility.