Oil Interest Income vs Income Before Tax 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 Interest Income and its Income Before Tax 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.

Interest Income vs Income Before Tax

Interest Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oil Dri Interest Income account and Income Before Tax. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Oil Dri's Interest Income and Income Before Tax is -0.34. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Income Before Tax 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 Interest Income and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Oil Dri are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Interest Income i.e., Oil Dri's Interest Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.34
Relationship DirectionNegative 
Relationship StrengthInsignificant

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Oil Dri income statement and is an important metric when analyzing Oil Dri profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
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 Profit62.5M103.2M125.1M131.3M
Total Revenue348.6M413.0M437.6M223.1M

Oil Dri fundamental ratios Correlations

0.790.930.980.980.990.640.70.270.990.130.160.96-0.170.530.960.2-0.580.950.880.70.50.70.620.770.74
0.790.720.820.690.80.920.290.050.77-0.41-0.030.810.10.50.9-0.12-0.450.880.880.440.520.820.430.420.3
0.930.720.950.950.940.560.630.280.930.160.060.91-0.050.320.910.05-0.360.820.890.620.260.650.690.650.61
0.980.820.950.960.980.630.670.350.950.10.150.97-0.090.460.970.11-0.530.920.930.70.40.650.710.720.68
0.980.690.950.960.980.540.730.270.980.270.10.95-0.160.390.920.21-0.480.860.850.680.420.640.630.770.75
0.990.80.940.980.980.660.680.220.990.120.040.98-0.10.460.980.11-0.510.910.910.660.470.710.640.740.7
0.640.920.560.630.540.660.12-0.320.65-0.48-0.280.660.170.420.78-0.16-0.310.730.780.240.550.820.260.260.12
0.70.290.630.670.730.680.120.50.660.40.330.690.00.630.580.37-0.620.580.510.930.570.160.750.960.93
0.270.050.280.350.270.22-0.320.50.180.180.670.25-0.030.270.150.12-0.340.240.120.58-0.03-0.180.50.440.47
0.990.770.930.950.980.990.650.660.180.150.030.94-0.140.470.960.17-0.490.910.870.620.470.760.580.740.7
0.13-0.410.160.10.270.12-0.480.40.180.150.210.06-0.37-0.2-0.070.460.07-0.09-0.110.19-0.23-0.250.190.320.42
0.16-0.030.060.150.10.04-0.280.330.670.030.210.07-0.230.43-0.010.25-0.480.23-0.120.50.09-0.250.170.340.41
0.960.810.910.970.950.980.660.690.250.940.060.07-0.10.470.970.13-0.590.90.940.720.50.60.70.740.72
-0.170.1-0.05-0.09-0.16-0.10.170.0-0.03-0.14-0.37-0.23-0.10.04-0.03-0.70.42-0.170.080.060.080.090.3-0.11-0.33
0.530.50.320.460.390.460.420.630.270.47-0.20.430.470.040.50.28-0.790.690.370.740.780.320.420.730.64
0.960.90.910.970.920.980.780.580.150.96-0.07-0.010.97-0.030.50.03-0.520.940.960.620.510.770.610.660.6
0.2-0.120.050.110.210.11-0.160.370.120.170.460.250.13-0.70.280.03-0.490.18-0.090.30.33-0.08-0.080.460.54
-0.58-0.45-0.36-0.53-0.48-0.51-0.31-0.62-0.34-0.490.07-0.48-0.590.42-0.79-0.52-0.49-0.69-0.4-0.72-0.68-0.13-0.34-0.72-0.78
0.950.880.820.920.860.910.730.580.240.91-0.090.230.9-0.170.690.940.18-0.690.840.670.570.730.530.710.66
0.880.880.890.930.850.910.780.510.120.87-0.11-0.120.940.080.370.96-0.09-0.40.840.570.370.670.70.540.48
0.70.440.620.70.680.660.240.930.580.620.190.50.720.060.740.620.3-0.720.670.570.60.150.80.920.87
0.50.520.260.40.420.470.550.57-0.030.47-0.230.090.50.080.780.510.33-0.680.570.370.60.430.20.70.57
0.70.820.650.650.640.710.820.16-0.180.76-0.25-0.250.60.090.320.77-0.08-0.130.730.670.150.430.150.320.16
0.620.430.690.710.630.640.260.750.50.580.190.170.70.30.420.61-0.08-0.340.530.70.80.20.150.640.58
0.770.420.650.720.770.740.260.960.440.740.320.340.74-0.110.730.660.46-0.720.710.540.920.70.320.640.95
0.740.30.610.680.750.70.120.930.470.70.420.410.72-0.330.640.60.54-0.780.660.480.870.570.160.580.95
Click cells to compare fundamentals

Oil Dri Account Relationship Matchups

Oil Dri fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets235.9M227.6M249.6M286.2M354.6M372.3M
Short Long Term Debt Total9.8M8.9M32.8M42.5M70.7M74.3M
Other Current Liab32.7M25.7M30.9M37.8M44.4M46.6M
Total Current Liabilities46.2M39.0M48.5M58.8M66.7M70.0M
Total Stockholder Equity148.0M159.2M150.3M177.1M210.6M221.1M
Property Plant And Equipment Net92.9M95.9M107.9M130.3M156.5M164.3M
Net Debt(31.0M)(15.7M)16.5M10.8M47.2M49.6M
Retained Earnings176.6M180.4M178.8M200.8M232.2M116.8M
Cash40.9M24.6M16.3M31.8M23.5M14.2M
Non Current Assets Total127.5M125.6M134.9M149.7M207.4M217.8M
Non Currrent Assets Other34.5M29.7M18.1M7.2M7.3M9.4M
Cash And Short Term Investments40.9M24.6M16.3M31.8M23.5M20.3M
Net Receivables34.9M40.9M51.7M59.3M62.2M65.3M
Common Stock Shares Outstanding6.8M6.7M6.6M8.3M8.8M6.2M
Liabilities And Stockholders Equity235.9M227.6M249.6M286.2M354.6M372.3M
Non Current Liabilities Total41.7M29.3M50.7M50.4M77.3M39.0M
Inventory23.9M23.6M35.6M42.6M54.2M56.9M
Other Current Assets8.7M12.8M11.1M2.9M7.3M7.4M
Other Stockholder Equity(17.5M)(17.9M)(27.0M)(25.6M)(23.6M)(22.4M)
Total Liab87.9M68.3M99.3M109.2M144.0M151.2M
Property Plant And Equipment Gross102.8M104.6M283.2M313.3M352.2M369.8M
Total Current Assets108.4M101.9M114.7M136.5M147.2M76.2M
Accumulated Other Comprehensive Income(12.3M)(4.1M)(2.2M)748K769K807.5K
Short Term Debt1M3.0M3.2M2.9M5.6M2.9M
Intangible Assets2.5M2.2M1.6M1.4M26.7M28.0M
Accounts Payable12.5M9.2M13.4M17.1M15.0M7.8M
Common Stock Total Equity1.1M1.1M1.1M1.1M1.3M1.0M
Common Stock1.1M1.1M1.1M1.1M1.1M1.0M
Other Liab23.7M13.4M9.2M10.8M12.4M20.9M
Other Assets13.0M9.6M11.2M14.4M16.6M11.1M
Long Term Debt8.8M7.9M31.8M30.8M49.8M52.3M
Treasury Stock(56.5M)(62.3M)(66.2M)(79.4M)(71.5M)(75.1M)
Property Plant Equipment92.9M104.6M107.9M130.3M149.8M78.7M
Net Tangible Assets138.9M148.1M150.7M172.0M197.8M133.4M
Noncontrolling Interest In Consolidated Entity(14K)(174K)(307K)(369K)(332.1K)(315.5K)
Retained Earnings Total Equity164.8M176.6M180.4M178.8M205.6M169.8M
Capital Surpluse45.0M48.3M52.5M55.6M64.0M43.9M

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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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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.