Ocado Net Receivables vs Common Stock Shares Outstanding Analysis

OCDO Stock   279.00  11.50  3.96%   
Ocado Group financial indicator trend analysis is much more than just breaking down Ocado Group PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ocado Group PLC is a good investment. Please check the relationship between Ocado Group Net Receivables and its Common Stock Shares Outstanding accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ocado Group PLC. 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.

Net Receivables vs Common Stock Shares Outstanding

Net Receivables vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ocado Group PLC Net Receivables account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ocado Group's Net Receivables and Common Stock Shares Outstanding is 0.78. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Ocado Group PLC, assuming nothing else is changed. The correlation between historical values of Ocado Group's Net Receivables and Common Stock Shares Outstanding 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 Receivables of Ocado Group PLC are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Receivables i.e., Ocado Group's Net Receivables and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Receivables

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Ocado Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ocado Group PLC 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 Ocado Group PLC. 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 792.2 M in 2025
 2021 2022 2024 2025 (projected)
Interest Expense89.6M96.7M111.2M116.8M
Depreciation And Amortization335.1M383.3M440.8M462.8M

Ocado Group fundamental ratios Correlations

0.990.210.960.990.970.71-0.560.850.890.980.080.850.910.840.990.940.370.980.990.940.260.970.620.250.63
0.990.120.940.950.990.79-0.660.880.830.990.140.790.940.821.00.960.260.981.00.890.330.980.570.180.55
0.210.120.220.30.02-0.350.55-0.260.50.06-0.240.530.130.160.120.020.450.070.150.43-0.40.110.230.460.54
0.960.940.220.950.950.7-0.510.880.820.950.160.780.870.870.930.950.380.950.960.880.20.940.70.190.74
0.990.950.30.950.920.58-0.440.790.950.930.010.920.840.830.950.880.510.950.960.980.190.930.640.350.68
0.970.990.020.950.920.84-0.710.930.771.00.170.710.930.830.980.980.190.980.990.840.340.990.60.070.55
0.710.79-0.350.70.580.84-0.90.890.320.830.440.250.850.630.780.88-0.260.780.780.440.470.790.37-0.260.23
-0.56-0.660.55-0.51-0.44-0.71-0.9-0.81-0.21-0.68-0.4-0.16-0.69-0.46-0.65-0.720.28-0.69-0.64-0.32-0.57-0.64-0.090.210.01
0.850.88-0.260.880.790.930.89-0.810.560.920.320.50.830.760.870.950.110.920.880.660.420.880.54-0.030.43
0.890.830.50.820.950.770.32-0.210.560.78-0.190.990.690.710.840.690.650.820.840.990.080.810.550.530.65
0.980.990.060.950.931.00.83-0.680.920.780.150.720.940.840.990.980.20.980.990.850.320.990.60.070.58
0.080.14-0.240.160.010.170.44-0.40.32-0.190.15-0.160.370.170.130.29-0.090.160.14-0.050.060.020.050.080.06
0.850.790.530.780.920.710.25-0.160.50.990.72-0.160.640.660.80.630.720.780.80.980.060.740.520.630.62
0.910.940.130.870.840.930.85-0.690.830.690.940.370.640.780.940.950.070.920.940.770.330.910.530.090.5
0.840.820.160.870.830.830.63-0.460.760.710.840.170.660.780.820.840.280.830.840.760.180.830.790.130.71
0.991.00.120.930.950.980.78-0.650.870.840.990.130.80.940.820.950.280.981.00.90.290.980.550.20.56
0.940.960.020.950.880.980.88-0.720.950.690.980.290.630.950.840.950.120.960.960.780.350.960.620.020.56
0.370.260.450.380.510.19-0.260.280.110.650.2-0.090.720.070.280.280.120.310.290.61-0.270.180.260.850.51
0.980.980.070.950.950.980.78-0.690.920.820.980.160.780.920.830.980.960.310.990.890.340.970.560.20.56
0.991.00.150.960.960.990.78-0.640.880.840.990.140.80.940.841.00.960.290.990.90.290.980.60.190.59
0.940.890.430.880.980.840.44-0.320.660.990.85-0.050.980.770.760.90.780.610.890.90.130.860.580.510.66
0.260.33-0.40.20.190.340.47-0.570.420.080.320.060.060.330.180.290.35-0.270.340.290.130.310.16-0.05-0.32
0.970.980.110.940.930.990.79-0.640.880.810.990.020.740.910.830.980.960.180.970.980.860.310.60.040.58
0.620.570.230.70.640.60.37-0.090.540.550.60.050.520.530.790.550.620.260.560.60.580.160.60.080.58
0.250.180.460.190.350.07-0.260.21-0.030.530.070.080.630.090.130.20.020.850.20.190.51-0.050.040.080.22
0.630.550.540.740.680.550.230.010.430.650.580.060.620.50.710.560.560.510.560.590.66-0.320.580.580.22
Click cells to compare fundamentals

Ocado Group Account Relationship Matchups

Ocado Group fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.0B4.4B4.8B4.4B5.1B5.3B
Short Long Term Debt Total1.4B1.8B1.9B2.0B2.3B2.4B
Other Current Liab247.4M275.6M2.6M52M59.8M92.0M
Total Current Liabilities494.1M467M606.8M576.8M663.3M696.5M
Total Stockholder Equity1.8B1.6B1.8B1.5B1.7B1.8B
Property Plant And Equipment Net1.2B1.8B2.3B2.2B2.6B2.7B
Net Debt(301.6M)359.8M577.1M1.1B1.3B1.3B
Retained Earnings305.2M134.3M(279M)(449.8M)(517.3M)(491.4M)
Accounts Payable139.4M93.6M506.3M468.4M538.7M565.6M
Cash1.7B1.5B1.3B862.8M992.2M1.0B
Non Current Assets Total1.6B2.5B3.0B3.0B3.4B3.6B
Non Currrent Assets Other(3.9M)(144M)(164.7M)76.2M68.6M72.0M
Cash And Short Term Investments2.1B1.5B1.3B884.8M1.0B1.1B
Net Receivables176.3M324.2M142.9M375.4M431.7M453.3M
Common Stock Shares Outstanding718M739.5M772.9M816.5M939.0M667.8M
Liabilities And Stockholders Equity4.0B4.4B4.8B4.4B5.1B5.3B
Non Current Liabilities Total1.7B2.2B2.3B2.3B2.7B2.8B
Inventory61.6M86.7M106.8M127.1M146.2M153.5M
Other Current Assets491M5.8M195.4M50.2M57.7M74.3M
Other Stockholder Equity1.4B1.4B1.9B1.8B2.1B2.2B
Total Liab2.2B2.7B2.9B2.9B3.4B3.5B
Total Current Assets2.4B1.9B1.8B1.4B1.7B1.7B
Short Term Debt2.6M15.1M68.8M55.5M50.0M52.4M
Intangible Assets235.9M490M541.9M461.3M530.5M557.0M
Short Term Investments402M1.2M3.8M22M25.3M24.0M
Current Deferred Revenue45.5M35.9M29.1M38.6M44.4M25.4M
Accumulated Other Comprehensive Income193.1M179.9M274M90.6M104.2M109.4M

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