Orient Good Will vs Deferred Long Term Liab Analysis

600958 Stock   10.66  0.01  0.09%   
Orient Sec financial indicator trend analysis is much more than just breaking down Orient Sec prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orient Sec is a good investment. Please check the relationship between Orient Sec Good Will and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Orient Sec Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Good Will vs Deferred Long Term Liab

Good Will vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orient Sec Good Will account and Deferred Long Term Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Orient Sec's Good Will and Deferred Long Term Liab is 0.49. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Orient Sec Co, assuming nothing else is changed. The correlation between historical values of Orient Sec's Good Will and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Orient Sec Co are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Good Will i.e., Orient Sec's Good Will and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Orient Sec's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orient Sec 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 Orient Sec Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Tax Provision is expected to grow to about 312.7 M, whereas Selling General Administrative is forecasted to decline to about 6.4 B.
 2023 2024 (projected)
Operating Income3.1B3.5B
Total Revenue16.5B12.0B

Orient Sec fundamental ratios Correlations

0.990.60.59-0.80.82-0.191.00.910.940.940.870.890.380.890.840.910.510.830.470.510.910.790.860.86-0.21
0.990.550.56-0.810.83-0.190.980.910.960.930.830.860.390.90.850.940.50.830.460.50.940.80.910.91-0.16
0.60.550.18-0.120.550.450.610.740.440.650.340.410.360.630.650.570.610.660.530.580.540.670.480.48-0.4
0.590.560.18-0.710.32-0.330.590.420.660.640.730.75-0.150.390.290.47-0.10.26-0.02-0.110.490.180.520.520.08
-0.8-0.81-0.12-0.71-0.630.5-0.79-0.64-0.87-0.77-0.83-0.83-0.24-0.63-0.56-0.7-0.14-0.52-0.23-0.14-0.75-0.46-0.71-0.71-0.01
0.820.830.550.32-0.630.00.810.850.720.710.520.570.590.910.890.90.670.890.810.650.90.870.790.79-0.36
-0.19-0.190.45-0.330.50.0-0.180.15-0.29-0.02-0.53-0.480.00.130.19-0.020.320.20.350.45-0.060.20.00.0-0.29
1.00.980.610.59-0.790.81-0.180.910.930.940.870.890.380.880.840.90.520.830.480.510.90.790.850.85-0.22
0.910.910.740.42-0.640.850.150.910.830.910.620.660.470.960.940.930.710.940.660.730.90.920.860.86-0.35
0.940.960.440.66-0.870.72-0.290.930.830.920.870.890.370.80.740.890.310.70.280.310.910.660.890.89-0.04
0.940.930.650.64-0.770.71-0.020.940.910.920.80.830.310.850.810.860.410.760.380.450.880.720.870.87-0.2
0.870.830.340.73-0.830.52-0.530.870.620.870.80.980.180.580.50.640.140.480.10.10.670.420.620.62-0.01
0.890.860.410.75-0.830.57-0.480.890.660.890.830.980.240.60.530.70.170.50.150.120.720.460.680.68-0.02
0.380.390.36-0.15-0.240.590.00.380.470.370.310.180.240.490.570.540.520.510.620.490.530.580.420.42-0.29
0.890.90.630.39-0.630.910.130.880.960.80.850.580.60.490.990.950.720.970.710.740.940.940.870.87-0.42
0.840.850.650.29-0.560.890.190.840.940.740.810.50.530.570.990.920.770.980.760.810.90.970.850.85-0.45
0.910.940.570.47-0.70.9-0.020.90.930.890.860.640.70.540.950.920.60.90.610.620.980.880.960.96-0.23
0.510.50.61-0.1-0.140.670.320.520.710.310.410.140.170.520.720.770.60.850.850.930.50.890.420.42-0.65
0.830.830.660.26-0.520.890.20.830.940.70.760.480.50.510.970.980.90.850.810.850.850.980.790.79-0.47
0.470.460.53-0.02-0.230.810.350.480.660.280.380.10.150.620.710.760.610.850.810.840.560.80.450.45-0.54
0.510.50.58-0.11-0.140.650.450.510.730.310.450.10.120.490.740.810.620.930.850.840.530.890.520.52-0.47
0.910.940.540.49-0.750.9-0.060.90.90.910.880.670.720.530.940.90.980.50.850.560.530.830.960.96-0.2
0.790.80.670.18-0.460.870.20.790.920.660.720.420.460.580.940.970.880.890.980.80.890.830.780.78-0.48
0.860.910.480.52-0.710.790.00.850.860.890.870.620.680.420.870.850.960.420.790.450.520.960.781.0-0.04
0.860.910.480.52-0.710.790.00.850.860.890.870.620.680.420.870.850.960.420.790.450.520.960.781.0-0.04
-0.21-0.16-0.40.08-0.01-0.36-0.29-0.22-0.35-0.04-0.2-0.01-0.02-0.29-0.42-0.45-0.23-0.65-0.47-0.54-0.47-0.2-0.48-0.04-0.04
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Orient Sec Account Relationship Matchups

Orient Sec fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets263.0B291.1B326.6B368.1B383.7B208.6B
Total Stockholder Equity54.0B60.2B64.1B77.4B78.7B43.8B
Other Liab1.1B2.2B2.4B3.5B4.0B2.2B
Retained Earnings18.2B19.9B23.2B8.8B8.8B13.5B
Accounts Payable480.1M576.6M526.0M1.2B1.5B1.5B
Cash63.8B110.5B143.4B174.8B163.7B171.9B
Other Assets1.4B3.3B4.5B3.4B3.0B2.7B
Total Liab209.0B230.9B262.5B290.7B304.9B164.7B
Intangible Assets168.5M215.3M250.6M246.0M286.7M153.0M
Property Plant Equipment2.1B3.1B2.9B2.8B3.3B1.7B
Other Current Liab7.5B13.0B15.5B17.5B20.1B11.6B
Total Current Liabilities122.6B164.7B169.6B191.0B219.6B156.4B
Net Tangible Assets51.6B53.8B60.0B63.8B73.4B56.1B
Net Receivables11.8B14.8B22.5B26.6B30.6B20.0B
Other Current Assets10.6B15.4B24.2B28.3B32.5B17.4B
Other Stockholder Equity(198.8M)500.0M5.0B5.6B6.5B6.8B
Deferred Long Term Liab88.9M98.9M140.2M167.9M193.0M116.7M
Long Term Investments154.9B158.5B163.7B174.8B203.9B156.9B
Total Current Assets139.7B170.8B199.6B247.8B285.0B185.9B
Net Invested Capital144.4B149.0B140.7B151.9B169.1B160.7B

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Other Information on Investing in Orient Stock

Balance Sheet is a snapshot of the financial position of Orient Sec at a specified time, usually calculated after every quarter, six months, or one year. Orient Sec Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Orient Sec and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Orient currently owns. An asset can also be divided into two categories, current and non-current.