Olin Total Liab vs Property Plant And Equipment Gross Analysis

OLN Stock  USD 37.87  1.20  3.07%   
Olin financial indicator trend analysis is much more than just breaking down Olin prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Olin is a good investment. Please check the relationship between Olin Total Liab and its Property Plant And Equipment Gross accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Olin Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Total Liab vs Property Plant And Equipment Gross

Total Liab vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Olin Total Liab account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have strong relationship.
The correlation between Olin's Total Liab and Property Plant And Equipment Gross is 0.67. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Olin Corporation, assuming nothing else is changed. The correlation between historical values of Olin's Total Liab and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Olin Corporation are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Total Liab i.e., Olin's Total Liab and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Property Plant And Equipment Gross

Most indicators from Olin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Olin 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 Olin Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Olin's Tax Provision is very stable compared to the past year. As of the 11th of December 2024, Sales General And Administrative To Revenue is likely to grow to 6,247, while Selling General Administrative is likely to drop about 381.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit2.3B2.2B6.8B7.2B
Total Revenue8.9B9.4B6.8B7.2B

Olin fundamental ratios Correlations

0.980.130.820.860.930.980.310.081.00.860.080.860.840.970.890.460.60.990.870.580.570.90.70.840.95
0.980.090.780.770.931.00.210.060.980.840.060.830.820.990.860.490.621.00.840.580.560.880.650.820.94
0.130.090.380.260.130.10.28-0.20.080.13-0.210.40.080.010.340.6-0.130.090.380.45-0.060.330.4-0.020.11
0.820.780.380.660.650.790.66-0.120.760.87-0.110.850.610.690.970.670.140.790.840.860.190.970.970.580.7
0.860.770.260.660.890.770.240.10.860.710.090.880.870.80.740.420.640.810.890.440.550.730.560.80.89
0.930.930.130.650.890.920.040.120.940.720.110.880.890.950.740.470.770.940.890.480.640.760.490.850.97
0.981.00.10.790.770.920.230.00.970.860.010.830.820.980.870.520.60.990.830.580.540.890.660.80.93
0.310.210.280.660.240.040.23-0.220.250.5-0.210.320.070.130.630.19-0.530.240.330.43-0.240.550.790.040.12
0.080.06-0.2-0.120.10.120.0-0.220.09-0.221.0-0.08-0.050.12-0.14-0.430.290.080.05-0.080.47-0.18-0.160.390.15
1.00.980.080.760.860.940.970.250.090.840.090.830.860.990.850.410.660.990.840.520.610.860.640.860.96
0.860.840.130.870.710.720.860.5-0.220.84-0.210.80.80.790.90.560.330.850.790.580.250.930.780.670.78
0.080.06-0.21-0.110.090.110.01-0.211.00.09-0.21-0.08-0.060.12-0.14-0.430.280.080.04-0.070.46-0.17-0.150.390.15
0.860.830.40.850.880.880.830.32-0.080.830.8-0.080.820.780.870.740.480.840.990.740.350.890.750.710.86
0.840.820.080.610.870.890.820.07-0.050.860.8-0.060.820.840.690.430.720.840.820.370.520.720.480.860.91
0.970.990.010.690.80.950.980.130.120.990.790.120.780.840.790.390.710.990.80.470.640.810.550.850.96
0.890.860.340.970.740.740.870.63-0.140.850.9-0.140.870.690.790.630.230.870.870.760.280.990.930.620.77
0.460.490.60.670.420.470.520.19-0.430.410.56-0.430.740.430.390.630.170.460.670.75-0.020.690.60.190.43
0.60.62-0.130.140.640.770.6-0.530.290.660.330.280.480.720.710.230.170.630.490.10.710.28-0.070.740.73
0.991.00.090.790.810.940.990.240.080.990.850.080.840.840.990.870.460.630.850.580.580.880.670.840.95
0.870.840.380.840.890.890.830.330.050.840.790.040.990.820.80.870.670.490.850.710.40.880.750.750.88
0.580.580.450.860.440.480.580.43-0.080.520.58-0.070.740.370.470.760.750.10.580.710.070.760.810.380.51
0.570.56-0.060.190.550.640.54-0.240.470.610.250.460.350.520.640.28-0.020.710.580.40.070.290.070.650.65
0.90.880.330.970.730.760.890.55-0.180.860.93-0.170.890.720.810.990.690.280.880.880.760.290.90.630.79
0.70.650.40.970.560.490.660.79-0.160.640.78-0.150.750.480.550.930.6-0.070.670.750.810.070.90.450.56
0.840.82-0.020.580.80.850.80.040.390.860.670.390.710.860.850.620.190.740.840.750.380.650.630.450.92
0.950.940.110.70.890.970.930.120.150.960.780.150.860.910.960.770.430.730.950.880.510.650.790.560.92
Click cells to compare fundamentals

Olin Account Relationship Matchups

Olin fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.2B8.3B8.5B8.0B7.7B8.1B
Short Long Term Debt Total3.7B4.2B3.2B2.9B3.0B3.2B
Other Current Liab19M283.3M381.3M437M346.2M253.6M
Total Current Liabilities1.1B1.2B1.7B1.6B1.5B1.6B
Total Stockholder Equity2.4B1.5B2.7B2.5B2.2B1.2B
Property Plant And Equipment Net3.7B3.5B3.3B3.0B2.9B1.5B
Net Debt3.5B4.0B3.0B2.8B2.9B3.0B
Retained Earnings941.1M(155.1M)1.0B2.2B2.6B2.7B
Cash220.9M189.7M180.5M194M170.3M184.2M
Non Current Assets Total7.5B6.6B6.3B5.9B5.7B6.0B
Non Currrent Assets Other1.2B1.2B1.1B1.1B1.1B1.2B
Cash And Short Term Investments220.9M189.7M180.5M194M170.3M190.3M
Net Receivables774.3M786M1.1B967.8M890M466.7M
Common Stock Shares Outstanding162.3M157.9M163M148.5M128.8M87.0M
Liabilities And Stockholders Equity9.2B8.3B8.5B8.0B7.7B8.1B
Non Current Liabilities Total5.7B5.6B4.2B3.9B3.9B4.1B
Inventory695.7M674.7M868.3M941.9M858.8M901.7M
Other Current Assets23.1M66.7M92.7M52.7M54.1M34.7M
Other Stockholder Equity2.1B2.1B2.0B682.7M24.8M23.6M
Total Liab6.8B6.8B5.9B5.5B5.4B5.7B
Total Current Assets1.7B1.7B2.2B2.2B2.0B1.1B
Short Term Debt81.4M175.7M354.7M153.3M217.4M206.5M
Intangible Assets448.1M399.4M331.7M273.8M245.8M268.5M
Accounts Payable651.9M729.2M847.7M837.7M775.4M814.2M
Property Plant And Equipment Gross3.7B3.5B7.4B7.4B7.7B8.1B
Accumulated Other Comprehensive Income(803.4M)(688.4M)(488M)(495.9M)(496.3M)(521.1M)
Common Stock157.7M158M156.8M132.3M120.2M96.2M
Common Stock Total Equity157.7M158M156.8M132.3M152.1M108.1M
Other Liab2.0B1.5B1.3B1.1B1.2B997.0M
Other Assets91.8M1.6B1.2B1.2B1.3B1.4B
Long Term Debt3.3B3.8B2.6B2.6B2.6B1.6B
Property Plant Equipment3.3B3.2B3.3B3.0B3.5B1.8B
Good Will2.1B1.4B1.4B1.4B1.4B1.0B
Net Tangible Assets(150.3M)1.5B899.9M848.9M976.2M1.0B
Retained Earnings Total Equity941.1M(155.1M)1.0B2.2B2.6B2.7B
Long Term Debt Total3.3B3.8B2.6B2.6B3.0B3.3B
Capital Surpluse2.1B2.1B2.0B682.7M785.1M745.8M
Deferred Long Term Liab454.5M443.2M558.9M507.3M583.4M463.7M

Pair Trading with Olin

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 Olin 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 Olin will appreciate offsetting losses from the drop in the long position's value.

Moving against Olin Stock

  0.5WS Worthington SteelPairCorr
The ability to find closely correlated positions to Olin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Olin 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 Olin - 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 Olin Corporation to buy it.
The correlation of Olin 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 Olin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Olin 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 Olin 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 Olin offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Olin'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 Olin Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Olin Corporation Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Olin Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Commodity Chemicals 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 Olin. If investors know Olin 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 Olin 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
(0.45)
Dividend Share
0.8
Earnings Share
1.26
Revenue Per Share
54.448
Quarterly Revenue Growth
(0.05)
The market value of Olin is measured differently than its book value, which is the value of Olin that is recorded on the company's balance sheet. Investors also form their own opinion of Olin's value that differs from its market value or its book value, called intrinsic value, which is Olin'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 Olin's market value can be influenced by many factors that don't directly affect Olin'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 Olin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Olin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Olin'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.