Omnicom Inventory vs Short Long Term Debt Total Analysis

0KBK Stock   104.15  0.67  0.64%   
Omnicom financial indicator trend analysis is much more than just breaking down Omnicom Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Omnicom Group is a good investment. Please check the relationship between Omnicom Inventory and its Short Long Term Debt Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Omnicom Group. 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.

Inventory vs Short Long Term Debt Total

Inventory vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Omnicom Group Inventory account and Short Long Term Debt Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Omnicom's Inventory and Short Long Term Debt Total is 0.58. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Omnicom Group, assuming nothing else is changed. The correlation between historical values of Omnicom's Inventory and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Omnicom Group are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Inventory i.e., Omnicom's Inventory and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Inventory

Short Long Term Debt Total

Most indicators from Omnicom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Omnicom Group 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Omnicom Group. 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.
Selling General Administrative is likely to gain to about 1.4 B in 2024. Tax Provision is likely to gain to about 406.4 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit2.5B2.6B2.8B2.3B
Total Revenue14.3B14.3B14.7B11.8B

Omnicom fundamental ratios Correlations

-0.430.910.150.890.520.140.890.950.970.5-0.530.950.930.93-0.910.730.90.58-0.150.160.980.99-0.29-0.880.96
-0.43-0.60.25-0.15-0.240.18-0.62-0.28-0.38-0.230.36-0.28-0.56-0.530.58-0.11-0.22-0.28-0.23-0.18-0.48-0.45-0.050.62-0.35
0.91-0.6-0.210.720.70.010.980.840.840.69-0.460.840.920.83-0.920.510.830.610.070.240.950.94-0.02-0.910.87
0.150.25-0.210.3-0.420.56-0.280.10.25-0.45-0.320.10.00.240.050.48-0.040.14-0.57-0.48-0.040.04-0.370.190.06
0.89-0.150.720.30.460.360.660.850.940.38-0.450.860.720.76-0.730.690.830.56-0.24-0.040.840.83-0.24-0.630.93
0.52-0.240.7-0.420.460.120.650.460.550.98-0.40.460.480.48-0.70.220.720.770.090.060.60.530.13-0.60.62
0.140.180.010.560.360.12-0.150.040.30.03-0.520.040.050.21-0.180.480.050.39-0.64-0.930.030.040.330.190.19
0.89-0.620.98-0.280.660.65-0.150.840.80.66-0.360.840.920.8-0.890.440.830.520.170.390.950.93-0.1-0.940.84
0.95-0.280.840.10.850.460.040.840.890.47-0.321.00.820.82-0.790.660.910.41-0.030.260.950.96-0.29-0.790.94
0.97-0.380.840.250.940.550.30.80.890.5-0.630.890.860.94-0.90.760.890.69-0.260.00.930.93-0.31-0.820.95
0.5-0.230.69-0.450.380.980.030.660.470.5-0.340.470.470.47-0.680.180.70.740.130.130.590.530.11-0.60.56
-0.530.36-0.46-0.32-0.45-0.4-0.52-0.36-0.32-0.63-0.34-0.32-0.57-0.720.68-0.72-0.42-0.70.630.41-0.46-0.460.10.51-0.49
0.95-0.280.840.10.860.460.040.841.00.890.47-0.320.820.82-0.790.660.910.41-0.040.260.950.96-0.29-0.790.94
0.93-0.560.920.00.720.480.050.920.820.860.47-0.570.820.9-0.90.660.770.53-0.160.210.930.94-0.16-0.910.83
0.93-0.530.830.240.760.480.210.80.820.940.47-0.720.820.9-0.940.770.810.67-0.290.040.890.9-0.36-0.880.85
-0.910.58-0.920.05-0.73-0.7-0.18-0.89-0.79-0.9-0.680.68-0.79-0.9-0.94-0.69-0.86-0.720.2-0.05-0.92-0.90.130.91-0.88
0.73-0.110.510.480.690.220.480.440.660.760.18-0.720.660.660.77-0.690.610.44-0.69-0.270.640.67-0.17-0.530.68
0.9-0.220.83-0.040.830.720.050.830.910.890.7-0.420.910.770.81-0.860.610.61-0.090.240.920.9-0.32-0.830.94
0.58-0.280.610.140.560.770.390.520.410.690.74-0.70.410.530.67-0.720.440.61-0.23-0.20.550.53-0.12-0.570.58
-0.15-0.230.07-0.57-0.240.09-0.640.17-0.03-0.260.130.63-0.04-0.16-0.290.2-0.69-0.09-0.230.64-0.04-0.06-0.01-0.05-0.11
0.16-0.180.24-0.48-0.040.06-0.930.390.260.00.130.410.260.210.04-0.05-0.270.24-0.20.640.260.26-0.45-0.430.11
0.98-0.480.95-0.040.840.60.030.950.950.930.59-0.460.950.930.89-0.920.640.920.55-0.040.260.99-0.22-0.920.96
0.99-0.450.940.040.830.530.040.930.960.930.53-0.460.960.940.9-0.90.670.90.53-0.060.260.99-0.25-0.90.94
-0.29-0.05-0.02-0.37-0.240.130.33-0.1-0.29-0.310.110.1-0.29-0.16-0.360.13-0.17-0.32-0.12-0.01-0.45-0.22-0.250.34-0.21
-0.880.62-0.910.19-0.63-0.60.19-0.94-0.79-0.82-0.60.51-0.79-0.91-0.880.91-0.53-0.83-0.57-0.05-0.43-0.92-0.90.34-0.82
0.96-0.350.870.060.930.620.190.840.940.950.56-0.490.940.830.85-0.880.680.940.58-0.110.110.960.94-0.21-0.82
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Omnicom Account Relationship Matchups

Omnicom fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets26.8B27.6B28.4B27.0B28.0B27.4B
Other Current Liab3.0B3.5B3.8B3.5B3.2B2.8B
Total Current Liabilities16.0B15.5B16.2B15.1B16.2B15.9B
Total Stockholder Equity2.9B3.1B3.3B3.3B3.6B3.3B
Property Plant And Equipment Net2.1B1.8B2.2B2.1B1.9B1.4B
Net Debt2.5B1.7B1.6B2.4B2.4B1.7B
Retained Earnings7.8B8.2B9.0B9.7B10.6B9.3B
Accounts Payable11.8B11.5B11.9B11.0B11.6B11.5B
Cash4.3B5.6B5.3B4.3B4.4B4.1B
Non Current Assets Total12.2B12.1B12.5B12.4B12.7B12.4B
Non Currrent Assets Other240.9M244.5M196.8M204M223.5M234.7M
Other Assets251.5M255M204.4M210.5M1.00.95
Cash And Short Term Investments4.3B5.6B5.3B4.3B4.4B4.1B
Net Receivables7.8B7.8B8.5B8.1B8.7B8.4B
Good Will9.4B9.6B9.7B9.7B10.1B10.2B
Common Stock Shares Outstanding220.9M216.2M215.6M207M201.4M186.2M
Short Term Investments400K5.5M3.6M60.7M69.8M73.3M
Non Current Liabilities Total7.2B8.3B8.1B7.8B7.2B7.2B
Inventory1.3B1.1B1.2B1.3B1.3B1.3B
Other Current Assets1.2B1.1B919.2M918.8M949.9M833.0M
Other Stockholder Equity(3.8B)(3.9B)(4.5B)(5.1B)(5.7B)(5.9B)
Total Liab23.2B23.9B24.3B22.8B23.4B23.2B
Total Current Assets14.6B15.6B15.9B14.6B15.4B14.9B
Intangible Assets338.2M298.5M298M313.4M366.9M348.6M
Short Long Term Debt Total6.8B7.3B6.9B6.7B6.9B6.3B
Liabilities And Stockholders Equity26.8B27.6B28.4B27.0B28.0B27.6B
Accumulated Other Comprehensive Income(1.2B)(1.2B)(1.3B)(1.4B)(1.3B)(1.4B)
Short Term Debt949.4M274.4M234.7M224.8M1.0B1.1B
Current Deferred Revenue1.2B1.4B1.6B1.5B1.4B1.5B
Long Term Debt4.9B4.4B4.5B5.8B6.7B5.4B
Capital Surpluse828.3M728.8M760.9M747.8M673.0M618.3M
Treasury Stock(3.5B)(4.0B)(4.6B)(4.7B)(4.2B)(4.4B)
Property Plant Equipment2.1B1.8B2.2B2.1B2.4B1.6B
Other Liab1.3B1.4B1.4B1.2B1.1B1.1B
Net Tangible Assets(6.9B)(6.8B)(6.8B)(6.8B)(7.8B)(8.2B)

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