Organon Ev To Free Cash Flow vs Cash Ratio Analysis

OGN Stock  USD 15.30  0.05  0.33%   
Organon financial indicator trend analysis is much more than just breaking down Organon prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Organon is a good investment. Please check the relationship between Organon Ev To Free Cash Flow and its Cash Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Organon 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 price.

Ev To Free Cash Flow vs Cash Ratio

Ev To Free Cash Flow vs Cash Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Organon Ev To Free Cash Flow account and Cash Ratio. At this time, the significance of the direction appears to have weak relationship.
The correlation between Organon's Ev To Free Cash Flow and Cash Ratio is 0.39. Overlapping area represents the amount of variation of Ev To Free Cash Flow that can explain the historical movement of Cash Ratio in the same time period over historical financial statements of Organon Co, assuming nothing else is changed. The correlation between historical values of Organon's Ev To Free Cash Flow and Cash Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Free Cash Flow of Organon Co are associated (or correlated) with its Cash Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Ratio has no effect on the direction of Ev To Free Cash Flow i.e., Organon's Ev To Free Cash Flow and Cash Ratio go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Ev To Free Cash Flow

A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.

Cash Ratio

Most indicators from Organon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Organon 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 Organon 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 price.
As of the 16th of December 2024, Tax Provision is likely to drop to about 90.2 M. In addition to that, Selling General Administrative is likely to drop to about 1.3 B
 2021 2022 2023 2024 (projected)
Interest Expense258M422M527M553.4M
Tax Provision178M205M95M90.3M

Organon fundamental ratios Correlations

0.680.450.77-0.59-0.78-0.720.70.67-0.560.680.670.32-0.90.730.840.85-0.370.020.620.930.67-0.66-0.660.750.8
0.680.470.97-0.83-0.95-0.980.990.94-0.641.00.94-0.02-0.420.310.950.4-0.46-0.060.860.640.95-0.56-0.820.830.84
0.450.470.32-0.82-0.66-0.50.450.74-0.940.470.74-0.67-0.380.330.510.210.520.310.810.260.25-0.93-0.830.810.8
0.770.970.32-0.72-0.89-0.940.970.85-0.510.970.850.21-0.50.340.940.55-0.61-0.150.760.740.97-0.45-0.730.770.8
-0.59-0.83-0.82-0.720.90.87-0.82-0.960.94-0.83-0.960.470.45-0.41-0.83-0.19-0.040.09-0.99-0.38-0.620.771.0-0.89-0.94
-0.78-0.95-0.66-0.890.90.97-0.94-0.970.79-0.95-0.970.140.61-0.54-0.98-0.450.29-0.09-0.91-0.68-0.850.770.91-0.89-0.93
-0.72-0.98-0.5-0.940.870.97-0.97-0.940.7-0.98-0.940.060.53-0.47-0.98-0.360.440.13-0.89-0.62-0.890.590.87-0.81-0.87
0.70.990.450.97-0.82-0.94-0.970.93-0.630.990.930.01-0.440.320.950.42-0.48-0.080.850.650.95-0.54-0.810.810.84
0.670.940.740.85-0.96-0.97-0.940.93-0.860.941.0-0.31-0.460.380.920.33-0.150.050.970.540.81-0.77-0.950.920.94
-0.56-0.64-0.94-0.510.940.790.7-0.63-0.86-0.63-0.860.60.5-0.46-0.69-0.2-0.31-0.1-0.92-0.32-0.410.90.94-0.84-0.9
0.681.00.470.97-0.83-0.95-0.980.990.94-0.630.94-0.02-0.420.310.950.4-0.46-0.060.860.640.95-0.55-0.820.830.84
0.670.940.740.85-0.96-0.97-0.940.931.0-0.860.94-0.31-0.460.380.920.33-0.150.050.970.540.81-0.77-0.950.920.94
0.32-0.02-0.670.210.470.140.060.01-0.310.6-0.02-0.31-0.270.130.050.57-0.76-0.19-0.420.50.230.440.42-0.24-0.24
-0.9-0.42-0.38-0.50.450.610.53-0.44-0.460.5-0.42-0.46-0.27-0.93-0.68-0.70.26-0.02-0.44-0.78-0.370.60.52-0.5-0.63
0.730.310.330.34-0.41-0.54-0.470.320.38-0.460.310.380.13-0.930.60.43-0.220.010.360.570.22-0.53-0.470.350.5
0.840.950.510.94-0.83-0.98-0.980.950.92-0.690.950.920.05-0.680.60.52-0.46-0.040.840.750.88-0.65-0.850.820.89
0.850.40.210.55-0.19-0.45-0.360.420.33-0.20.40.330.57-0.70.430.52-0.340.220.260.940.52-0.44-0.270.530.5
-0.37-0.460.52-0.61-0.040.290.44-0.48-0.15-0.31-0.46-0.15-0.760.26-0.22-0.46-0.340.310.01-0.5-0.63-0.31-0.030.01-0.05
0.02-0.060.31-0.150.09-0.090.13-0.080.05-0.1-0.060.05-0.19-0.020.01-0.040.220.31-0.080.220.02-0.470.080.08-0.02
0.620.860.810.76-0.99-0.91-0.890.850.97-0.920.860.97-0.42-0.440.360.840.260.01-0.080.430.67-0.77-0.990.930.96
0.930.640.260.74-0.38-0.68-0.620.650.54-0.320.640.540.5-0.780.570.750.94-0.50.220.430.73-0.54-0.440.630.63
0.670.950.250.97-0.62-0.85-0.890.950.81-0.410.950.810.23-0.370.220.880.52-0.630.020.670.73-0.41-0.620.70.69
-0.66-0.56-0.93-0.450.770.770.59-0.54-0.770.9-0.55-0.770.440.6-0.53-0.65-0.44-0.31-0.47-0.77-0.54-0.410.8-0.82-0.83
-0.66-0.82-0.83-0.731.00.910.87-0.81-0.950.94-0.82-0.950.420.52-0.47-0.85-0.27-0.030.08-0.99-0.44-0.620.8-0.92-0.97
0.750.830.810.77-0.89-0.89-0.810.810.92-0.840.830.92-0.24-0.50.350.820.530.010.080.930.630.7-0.82-0.920.97
0.80.840.80.8-0.94-0.93-0.870.840.94-0.90.840.94-0.24-0.630.50.890.5-0.05-0.020.960.630.69-0.83-0.970.97
Click cells to compare fundamentals

Organon Account Relationship Matchups

Organon fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.5B10.4B10.7B11.0B12.1B11.9B
Short Long Term Debt Total104M31M9.1B8.9B8.8B4.9B
Other Current Liab1.0B2.3B1.0B1.2B1.4B1.3B
Total Current Liabilities1.3B1.2B2.6B2.5B2.9B2.2B
Total Stockholder Equity7.0B(820M)(1.5B)(892M)(70M)(66.5M)
Other Liab2.0B1.9B283M280M252M239.4M
Net Tangible Assets1.9B380M(6.9B)(6.1B)(5.5B)(5.3B)
Accounts Payable258M259M1.4B1.1B1.3B849.6M
Cash319M500M737M706M693M586.5M
Other Assets659M347M464M539M485.1M435.7M
Long Term Debt70M0.09.1B8.9B8.8B4.9B
Cash And Short Term Investments319M500M737M706M693M586.5M
Net Receivables1.5B1.1B1.4B1.5B1.7B1.6B
Long Term Debt Total70M0.09.1B8.9B10.2B10.8B
Liabilities And Stockholders Equity10.5B10.4B10.7B11.0B12.1B11.9B
Inventory1.1B913M915M1.0B1.3B1.1B
Other Current Assets1.1B1.6B726M747M756M764M
Other Stockholder Equity7.9B216M(513M)(564M)25M23.8M
Total Liab3.5B11.3B12.2B11.8B12.1B10.1B
Total Current Assets4.0B3.4B3.8B3.9B4.5B4.3B
Cash And Equivalents319M12M737M706M811.9M444.0M
Intangible Assets569M503M651M649M533M495.6M
Property Plant Equipment762M1.1B973M1.2B1.4B1.0B

Pair Trading with Organon

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Organon position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Organon will appreciate offsetting losses from the drop in the long position's value.

Moving together with Organon Stock

  0.84JNJ Johnson Johnson Fiscal Year End 28th of January 2025 PairCorr
  0.83LLY Eli LillyPairCorr

Moving against Organon Stock

  0.9BMY Bristol Myers SquibbPairCorr
  0.82GILD Gilead Sciences Sell-off TrendPairCorr
  0.8CAH Cardinal HealthPairCorr
  0.72ESPR Esperion TherapeuticsPairCorr
  0.64XAIR Beyond AirPairCorr
The ability to find closely correlated positions to Organon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Organon when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Organon - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Organon Co to buy it.
The correlation of Organon is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Organon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Organon moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Organon can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Organon offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Organon'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 Organon Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Organon Co Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Organon 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 price.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Pharmaceuticals 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 Organon. If investors know Organon 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 Organon 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
5.081
Dividend Share
1.12
Earnings Share
5.05
Revenue Per Share
24.984
Quarterly Revenue Growth
0.041
The market value of Organon is measured differently than its book value, which is the value of Organon that is recorded on the company's balance sheet. Investors also form their own opinion of Organon's value that differs from its market value or its book value, called intrinsic value, which is Organon'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 Organon's market value can be influenced by many factors that don't directly affect Organon'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 Organon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Organon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Organon'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.