Oshkosh Net Income vs Depreciation Analysis

OSK Stock  USD 94.69  0.85  0.91%   
Oshkosh financial indicator trend analysis is much more than just breaking down Oshkosh prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oshkosh is a good investment. Please check the relationship between Oshkosh Net Income and its Depreciation accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oshkosh. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Oshkosh Stock please use our How to buy in Oshkosh Stock guide.

Net Income vs Depreciation

Net Income vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oshkosh Net Income account and Depreciation. At this time, the significance of the direction appears to have weak relationship.
The correlation between Oshkosh's Net Income and Depreciation is 0.31. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Depreciation in the same time period over historical financial statements of Oshkosh, assuming nothing else is changed. The correlation between historical values of Oshkosh's Net Income and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Oshkosh are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Net Income i.e., Oshkosh's Net Income and Depreciation go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Oshkosh financial statement analysis. It represents the amount of money remaining after all of Oshkosh operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Depreciation

Depreciation indicates how much of Oshkosh value has been used up. For tax purposes Oshkosh can deduct the cost of the tangible assets it purchases as business expenses. However, Oshkosh must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Oshkosh's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oshkosh 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 Oshkosh. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Oshkosh Stock please use our How to buy in Oshkosh Stock guide.At this time, Oshkosh's Discontinued Operations is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 11.87 this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.06.
 2021 2022 2023 2024 (projected)
Interest Expense48.2M53.4M68.6M52.4M
Depreciation And Amortization104M72M144.9M152.1M

Oshkosh fundamental ratios Correlations

0.5-0.680.990.970.930.250.930.240.960.820.240.960.050.960.950.71-0.190.980.960.580.960.890.420.420.41
0.50.150.480.460.310.460.330.140.510.020.140.430.730.540.40.40.390.510.450.290.450.120.840.930.92
-0.680.15-0.68-0.65-0.720.2-0.68-0.29-0.63-0.89-0.29-0.650.49-0.64-0.66-0.330.4-0.67-0.67-0.48-0.67-0.910.060.220.28
0.990.48-0.680.930.940.310.890.170.970.830.170.950.050.960.930.67-0.190.990.930.630.980.870.460.390.38
0.970.46-0.650.930.880.130.970.340.880.760.340.96-0.040.870.940.73-0.210.910.980.570.90.880.270.370.36
0.930.31-0.720.940.880.410.9-0.060.960.91-0.050.89-0.160.90.940.65-0.40.930.830.570.90.910.330.220.2
0.250.460.20.310.130.410.15-0.770.460.15-0.770.190.330.340.330.25-0.090.330.030.140.240.060.570.430.42
0.930.33-0.680.890.970.90.150.230.850.820.230.92-0.210.830.950.76-0.450.870.930.480.840.90.150.270.27
0.240.14-0.290.170.34-0.06-0.770.230.020.031.00.250.110.150.070.080.30.170.440.20.210.21-0.070.140.13
0.960.51-0.630.970.880.960.460.850.020.840.020.880.110.970.920.64-0.230.980.840.550.920.850.550.450.42
0.820.02-0.890.830.760.910.150.820.030.840.030.75-0.360.820.840.51-0.540.830.740.40.810.950.14-0.01-0.05
0.240.14-0.290.170.34-0.05-0.770.231.00.020.030.250.110.160.070.080.30.170.440.20.210.21-0.070.140.13
0.960.43-0.650.950.960.890.190.920.250.880.750.25-0.060.870.930.74-0.180.930.960.650.950.850.280.310.3
0.050.730.490.05-0.04-0.160.33-0.210.110.11-0.360.11-0.060.18-0.1-0.080.660.11-0.010.020.06-0.350.760.810.81
0.960.54-0.640.960.870.90.340.830.150.970.820.160.870.180.90.65-0.150.990.870.470.940.840.570.510.47
0.950.4-0.660.930.940.940.330.950.070.920.840.070.93-0.10.90.74-0.360.930.910.470.90.890.280.330.32
0.710.4-0.330.670.730.650.250.760.080.640.510.080.74-0.080.650.74-0.270.670.720.070.630.610.150.320.36
-0.190.390.4-0.19-0.21-0.4-0.09-0.450.3-0.23-0.540.3-0.180.66-0.15-0.36-0.27-0.17-0.140.14-0.12-0.430.360.320.26
0.980.51-0.670.990.910.930.330.870.170.980.830.170.930.110.990.930.67-0.170.910.570.970.860.520.450.42
0.960.45-0.670.930.980.830.030.930.440.840.740.440.96-0.010.870.910.72-0.140.910.560.920.860.270.370.36
0.580.29-0.480.630.570.570.140.480.20.550.40.20.650.020.470.470.070.140.570.560.60.50.280.130.07
0.960.45-0.670.980.90.90.240.840.210.920.810.210.950.060.940.90.63-0.120.970.920.60.840.430.360.34
0.890.12-0.910.870.880.910.060.90.210.850.950.210.85-0.350.840.890.61-0.430.860.860.50.840.110.040.0
0.420.840.060.460.270.330.570.15-0.070.550.14-0.070.280.760.570.280.150.360.520.270.280.430.110.810.78
0.420.930.220.390.370.220.430.270.140.45-0.010.140.310.810.510.330.320.320.450.370.130.360.040.810.97
0.410.920.280.380.360.20.420.270.130.42-0.050.130.30.810.470.320.360.260.420.360.070.340.00.780.97
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Oshkosh Account Relationship Matchups

Oshkosh fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.6B5.8B6.9B7.7B9.1B9.6B
Short Long Term Debt Total819M823.1M818.8M604.7M1.1B745.5M
Other Current Liab380.8M(81.8M)(568.3M)(636.1M)(612.5M)(581.9M)
Total Current Liabilities1.7B1.6B2.2B2.4B3.1B3.2B
Total Stockholder Equity2.6B2.9B3.2B3.2B3.7B3.9B
Property Plant And Equipment Net573.6M565.9M595.9M826.2M1.3B1.4B
Net Debt370.6M240.2M(557M)(201.2M)952.3M999.9M
Retained Earnings2.5B2.7B3.1B3.3B3.8B4.0B
Cash448.4M582.9M1.4B805.9M125.4M229.8M
Non Current Assets Total2.2B2.3B2.5B3.2B4.6B4.9B
Non Currrent Assets Other17.5M177.4M284.1M673.8M735.7M772.5M
Cash And Short Term Investments448.4M582.9M1.4B805.9M125.4M231.0M
Net Receivables1.6B1.3B1.7B1.8B2.1B2.2B
Common Stock Shares Outstanding70.6M68.8M69.2M66.1M65.9M73.6M
Liabilities And Stockholders Equity5.6B5.8B6.9B7.7B9.1B9.6B
Non Current Liabilities Total1.2B1.4B1.5B2.1B2.3B2.5B
Inventory1.2B1.5B1.3B1.9B2.1B2.2B
Other Current Assets78.9M106.3M58.2M90.7M93.6M98.3M
Other Stockholder Equity295.7M300.7M248.8M(37.7M)(29.2M)(27.7M)
Total Liab3.0B3.0B3.6B4.5B5.4B5.7B
Total Current Assets3.4B3.5B4.4B4.5B4.5B4.7B
Short Term Debt183.6M5.2M280M9.7M258.2M271.1M
Accounts Payable795.5M577.8M860.4M1.1B1.2B1.3B
Property Plant And Equipment Gross728.1M1.5B1.7B2.0B2.4B2.5B
Accumulated Other Comprehensive Income(201.6M)(198.4M)(131M)(92.3M)(72M)(75.6M)
Intangible Assets432.3M418.2M466.8M457M830.2M615.0M
Other Liab405.6M443.4M673.3M1.3B1.5B1.6B
Other Assets145.4M111.7M359M871.7M1.0B1.1B
Long Term Debt819M817.9M818.8M595M597.5M898.3M
Treasury Stock(203.1M)(512.8M)(500.2M)(555.8M)(500.2M)(475.2M)
Property Plant Equipment573.6M565.9M595.9M826.2M950.1M997.6M
Current Deferred Revenue382M491.4M654.3M696.7M706.9M414.3M
Good Will995.7M1.0B1.1B1.0B1.4B1.1B
Net Tangible Assets1.2B1.4B1.7B1.7B1.9B2.0B
Long Term Debt Total819M817.9M818.8M595M535.5M688.3M

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When determining whether Oshkosh is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Oshkosh Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Oshkosh Stock. Highlighted below are key reports to facilitate an investment decision about Oshkosh Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oshkosh. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Oshkosh Stock please use our How to buy in Oshkosh Stock guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Construction Machinery & Heavy Transportation Equipment 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 Oshkosh. If investors know Oshkosh 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 Oshkosh 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
(0.01)
Dividend Share
1.79
Earnings Share
10.3
Revenue Per Share
161.798
Quarterly Revenue Growth
0.092
The market value of Oshkosh is measured differently than its book value, which is the value of Oshkosh that is recorded on the company's balance sheet. Investors also form their own opinion of Oshkosh's value that differs from its market value or its book value, called intrinsic value, which is Oshkosh'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 Oshkosh's market value can be influenced by many factors that don't directly affect Oshkosh'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 Oshkosh's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oshkosh is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oshkosh'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.