Oil Extraordinary Items vs Gross Profit Analysis
ODC Stock | USD 80.60 11.85 17.24% |
Oil Dri financial indicator trend analysis is much more than just breaking down Oil Dri prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oil Dri is a good investment. Please check the relationship between Oil Dri Extraordinary Items and its Gross Profit accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oil Dri. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Oil Stock refer to our How to Trade Oil Stock guide.
Extraordinary Items vs Gross Profit
Extraordinary Items vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oil Dri Extraordinary Items account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.
The correlation between Oil Dri's Extraordinary Items and Gross Profit is 0.74. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Oil Dri, assuming nothing else is changed. The correlation between historical values of Oil Dri's Extraordinary Items and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Extraordinary Items of Oil Dri are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Extraordinary Items i.e., Oil Dri's Extraordinary Items and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Extraordinary Items
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Oil Dri minus its cost of goods sold. It is profit before Oil Dri operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most indicators from Oil Dri's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oil Dri 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 Oil Dri. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Oil Stock refer to our How to Trade Oil Stock guide.At present, Oil Dri's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 8.62, whereas Selling General Administrative is forecasted to decline to about 46.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 62.5M | 103.2M | 125.1M | 131.3M | Total Revenue | 348.6M | 413.0M | 437.6M | 223.1M |
Oil Dri fundamental ratios Correlations
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Oil Dri Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Oil Dri fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 235.9M | 227.6M | 249.6M | 286.2M | 354.6M | 372.3M | |
Short Long Term Debt Total | 9.8M | 8.9M | 32.8M | 42.5M | 70.7M | 74.3M | |
Other Current Liab | 32.7M | 25.7M | 30.9M | 37.8M | 44.4M | 46.6M | |
Total Current Liabilities | 46.2M | 39.0M | 48.5M | 58.8M | 66.7M | 70.0M | |
Total Stockholder Equity | 148.0M | 159.2M | 150.3M | 177.1M | 210.6M | 221.1M | |
Property Plant And Equipment Net | 92.9M | 95.9M | 107.9M | 130.3M | 156.5M | 164.3M | |
Net Debt | (31.0M) | (15.7M) | 16.5M | 10.8M | 47.2M | 49.6M | |
Retained Earnings | 176.6M | 180.4M | 178.8M | 200.8M | 232.2M | 116.8M | |
Cash | 40.9M | 24.6M | 16.3M | 31.8M | 23.5M | 14.2M | |
Non Current Assets Total | 127.5M | 125.6M | 134.9M | 149.7M | 207.4M | 217.8M | |
Non Currrent Assets Other | 34.5M | 29.7M | 18.1M | 7.2M | 7.3M | 9.4M | |
Cash And Short Term Investments | 40.9M | 24.6M | 16.3M | 31.8M | 23.5M | 20.3M | |
Net Receivables | 34.9M | 40.9M | 51.7M | 59.3M | 62.2M | 65.3M | |
Common Stock Shares Outstanding | 6.8M | 6.7M | 6.6M | 8.3M | 8.8M | 6.2M | |
Liabilities And Stockholders Equity | 235.9M | 227.6M | 249.6M | 286.2M | 354.6M | 372.3M | |
Non Current Liabilities Total | 41.7M | 29.3M | 50.7M | 50.4M | 77.3M | 39.0M | |
Inventory | 23.9M | 23.6M | 35.6M | 42.6M | 54.2M | 56.9M | |
Other Current Assets | 8.7M | 12.8M | 11.1M | 2.9M | 7.3M | 7.4M | |
Other Stockholder Equity | (17.5M) | (17.9M) | (27.0M) | (25.6M) | (23.6M) | (22.4M) | |
Total Liab | 87.9M | 68.3M | 99.3M | 109.2M | 144.0M | 151.2M | |
Property Plant And Equipment Gross | 102.8M | 104.6M | 283.2M | 313.3M | 352.2M | 369.8M | |
Total Current Assets | 108.4M | 101.9M | 114.7M | 136.5M | 147.2M | 76.2M | |
Accumulated Other Comprehensive Income | (12.3M) | (4.1M) | (2.2M) | 748K | 769K | 807.5K | |
Short Term Debt | 1M | 3.0M | 3.2M | 2.9M | 5.6M | 2.9M | |
Intangible Assets | 2.5M | 2.2M | 1.6M | 1.4M | 26.7M | 28.0M | |
Accounts Payable | 12.5M | 9.2M | 13.4M | 17.1M | 15.0M | 7.8M | |
Common Stock Total Equity | 1.1M | 1.1M | 1.1M | 1.1M | 1.3M | 1.0M | |
Common Stock | 1.1M | 1.1M | 1.1M | 1.1M | 1.1M | 1.0M | |
Other Liab | 23.7M | 13.4M | 9.2M | 10.8M | 12.4M | 20.9M | |
Other Assets | 13.0M | 9.6M | 11.2M | 14.4M | 16.6M | 11.1M | |
Long Term Debt | 8.8M | 7.9M | 31.8M | 30.8M | 49.8M | 52.3M | |
Treasury Stock | (56.5M) | (62.3M) | (66.2M) | (79.4M) | (71.5M) | (75.1M) | |
Property Plant Equipment | 92.9M | 104.6M | 107.9M | 130.3M | 149.8M | 78.7M | |
Net Tangible Assets | 138.9M | 148.1M | 150.7M | 172.0M | 197.8M | 133.4M | |
Noncontrolling Interest In Consolidated Entity | (14K) | (174K) | (307K) | (369K) | (332.1K) | (315.5K) | |
Retained Earnings Total Equity | 164.8M | 176.6M | 180.4M | 178.8M | 205.6M | 169.8M | |
Capital Surpluse | 45.0M | 48.3M | 52.5M | 55.6M | 64.0M | 43.9M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Oil Dri offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Oil Dri's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Oil Dri Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Oil Dri Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oil Dri. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Oil Stock refer to our How to Trade Oil Stock guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Household Products 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 Oil Dri. If investors know Oil 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 Oil Dri 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) | Earnings Share 6.18 | Revenue Per Share 63.779 | Quarterly Revenue Growth 0.059 | Return On Assets 0.1009 |
The market value of Oil Dri is measured differently than its book value, which is the value of Oil that is recorded on the company's balance sheet. Investors also form their own opinion of Oil Dri's value that differs from its market value or its book value, called intrinsic value, which is Oil Dri'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 Oil Dri's market value can be influenced by many factors that don't directly affect Oil Dri'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 Oil Dri's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oil Dri is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oil Dri'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.