Oriental Short Term Investments vs Other Stockholder Equity Analysis

OCCL Stock   245.42  0.69  0.28%   
Oriental Carbon financial indicator trend analysis is much more than just breaking down Oriental Carbon Chemicals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oriental Carbon Chemicals is a good investment. Please check the relationship between Oriental Carbon Short Term Investments and its Other Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oriental Carbon Chemicals. 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.

Short Term Investments vs Other Stockholder Equity

Short Term Investments vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oriental Carbon Chemicals Short Term Investments account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Oriental Carbon's Short Term Investments and Other Stockholder Equity is -0.6. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Oriental Carbon Chemicals, assuming nothing else is changed. The correlation between historical values of Oriental Carbon's Short Term Investments and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Oriental Carbon Chemicals are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Short Term Investments i.e., Oriental Carbon's Short Term Investments and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.6
Relationship DirectionNegative 
Relationship StrengthWeak

Short Term Investments

Short Term Investments is an item under the current assets section of Oriental Carbon balance sheet. It contains any investments Oriental Carbon Chemicals undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Oriental Carbon Chemicals can easily liquidate in the marketplace.

Other Stockholder Equity

Most indicators from Oriental Carbon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oriental Carbon Chemicals 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 Oriental Carbon Chemicals. 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.
Discontinued Operations is likely to gain to about 532.5 K in 2024, whereas Selling General Administrative is likely to drop slightly above 65.8 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.8B3.2B2.9B2.0B
Total Revenue4.4B5.4B4.6B3.3B

Oriental Carbon fundamental ratios Correlations

0.91-0.010.870.990.990.92-0.361.0-0.210.440.860.350.790.810.16-0.420.920.980.320.710.9-0.530.150.950.33
0.910.10.780.870.930.99-0.270.89-0.290.590.830.160.960.680.22-0.450.960.920.140.630.85-0.570.160.830.3
-0.010.10.01-0.04-0.020.020.51-0.04-0.580.440.130.00.22-0.090.0-0.50.120.060.01-0.250.04-0.01-0.59-0.06-0.43
0.870.780.010.820.850.78-0.210.880.070.190.60.420.630.94-0.02-0.110.920.840.40.690.61-0.190.310.710.42
0.990.87-0.040.820.980.88-0.40.99-0.240.440.870.340.730.770.19-0.440.860.970.310.710.92-0.580.120.970.3
0.990.93-0.020.850.980.94-0.340.98-0.230.490.850.30.830.760.23-0.40.930.970.280.750.88-0.60.170.930.31
0.920.990.020.780.880.94-0.390.91-0.210.520.830.150.930.690.19-0.40.940.920.130.620.88-0.590.250.860.34
-0.36-0.270.51-0.21-0.4-0.34-0.39-0.39-0.450.31-0.39-0.12-0.15-0.30.14-0.18-0.2-0.29-0.1-0.22-0.460.37-0.6-0.51-0.44
1.00.89-0.040.880.990.980.91-0.39-0.170.380.830.370.760.830.1-0.380.910.960.350.690.87-0.510.190.940.36
-0.21-0.29-0.580.07-0.24-0.23-0.21-0.45-0.17-0.82-0.420.15-0.360.12-0.390.93-0.15-0.290.13-0.03-0.370.390.78-0.270.42
0.440.590.440.190.440.490.520.310.38-0.820.56-0.270.630.00.51-0.770.440.54-0.270.310.56-0.63-0.430.43-0.28
0.860.830.130.60.870.850.83-0.390.83-0.420.560.30.760.530.22-0.650.750.890.290.620.96-0.69-0.060.930.25
0.350.160.00.420.340.30.15-0.120.370.15-0.270.30.120.48-0.150.040.310.290.990.340.150.13-0.070.310.24
0.790.960.220.630.730.830.93-0.150.76-0.360.630.760.120.50.21-0.460.890.810.110.510.76-0.560.080.690.19
0.810.68-0.090.940.770.760.69-0.30.830.120.00.530.480.5-0.07-0.090.810.760.450.630.55-0.020.250.680.43
0.160.220.0-0.020.190.230.190.140.1-0.390.510.22-0.150.21-0.07-0.260.10.26-0.220.470.24-0.46-0.410.19-0.26
-0.42-0.45-0.5-0.11-0.44-0.4-0.4-0.18-0.380.93-0.77-0.650.04-0.46-0.09-0.26-0.3-0.480.02-0.13-0.60.440.64-0.510.23
0.920.960.120.920.860.930.94-0.20.91-0.150.440.750.310.890.810.1-0.30.920.290.670.75-0.40.220.780.34
0.980.920.060.840.970.970.92-0.290.96-0.290.540.890.290.810.760.26-0.480.920.260.740.92-0.560.060.930.26
0.320.140.010.40.310.280.13-0.10.350.13-0.270.290.990.110.45-0.220.020.290.260.280.130.15-0.060.290.26
0.710.63-0.250.690.710.750.62-0.220.69-0.030.310.620.340.510.630.47-0.130.670.740.280.57-0.490.080.670.22
0.90.850.040.610.920.880.88-0.460.87-0.370.560.960.150.760.550.24-0.60.750.920.130.57-0.710.040.960.24
-0.53-0.57-0.01-0.19-0.58-0.6-0.590.37-0.510.39-0.63-0.690.13-0.56-0.02-0.460.44-0.4-0.560.15-0.49-0.71-0.03-0.66-0.1
0.150.16-0.590.310.120.170.25-0.60.190.78-0.43-0.06-0.070.080.25-0.410.640.220.06-0.060.080.04-0.030.10.62
0.950.83-0.060.710.970.930.86-0.510.94-0.270.430.930.310.690.680.19-0.510.780.930.290.670.96-0.660.10.33
0.330.3-0.430.420.30.310.34-0.440.360.42-0.280.250.240.190.43-0.260.230.340.260.260.220.24-0.10.620.33
Click cells to compare fundamentals

Oriental Carbon Account Relationship Matchups

Oriental Carbon fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.0B8.1B8.7B8.9B9.0B5.2B
Short Long Term Debt Total1.5B1.8B1.9B1.7B1.4B1.1B
Other Current Liab762.1M319.1M334.0M277.7M209.7M320.6M
Total Current Liabilities954.0M1.2B1.6B1.4B1.3B928.4M
Total Stockholder Equity4.6B5.3B5.6B6.0B6.4B3.3B
Property Plant And Equipment Net4.0B4.6B5.0B4.8B4.6B2.9B
Net Debt1.3B1.8B1.9B1.7B1.4B990.5M
Cash233.7M21.3M17.4M5.7M15.0M14.2M
Non Current Assets Total4.2B5.0B5.8B5.8B6.0B3.3B
Non Currrent Assets Other(4.0B)85.4M38.9M20.9M58.6M61.5M
Other Assets232.0M128.5M84.8M17.7M1.00.95
Cash And Short Term Investments1.4B1.6B1.2B1.4B1.3B1.4B
Liabilities And Stockholders Equity7.0B8.1B8.7B8.9B9.0B5.2B
Non Current Liabilities Total1.3B1.4B1.3B1.2B978.6M902.6M
Inventory420.5M473.9M682.4M704.6M692.9M461.4M
Other Current Assets899.8M206.1M154.1M79.6M126.9M120.6M
Other Stockholder Equity(4.4B)73.5M300.5M(71.6M)14.4M13.7M
Total Liab2.2B2.7B2.9B2.6B2.3B1.8B
Total Current Assets2.8B3.1B2.9B3.0B3.0B1.9B
Accumulated Other Comprehensive Income(1.7B)317.1M300.5M368.4M400.7M420.7M
Net Receivables803.9M806.1M865.6M838.8M812.6M862.6M
Short Term Investments1.2B1.6B1.2B1.4B1.3B770.3M
Intangible Assets5.9M5.4M5.5M8.3M9.7M7.5M
Current Deferred Revenue(517.5M)314.9M349.6M212.9M24.8M23.5M
Retained Earnings4.2B4.9B5.2B5.6B5.9B3.8B
Accounts Payable187.0M250.2M313.1M261.3M273.6M273.4M
Short Term Debt522.4M662.9M887.9M872.9M854.8M622.5M
Other Liab310.6M239.0M236.5M308.7M355.0M273.6M
Net Tangible Assets4.1B4.6B5.3B5.6B6.4B4.7B
Long Term Debt951.6M1.1B941.4M733.7M474.1M790.7M
Long Term Debt Total1.0B1.2B1.0B793.8M912.9M860.5M
Short Long Term Debt522.0M413.1M886.7M871.6M852.6M654.4M
Property Plant Equipment3.8B4.6B4.9B4.8B5.5B4.3B
Net Invested Capital6.1B6.9B7.4B7.6B7.7B7.3B
Net Working Capital1.8B1.9B1.3B1.6B1.6B1.7B

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