One Accounts Payable vs Total Current Assets Analysis
OLP Stock | USD 30.15 0.64 2.17% |
One Liberty financial indicator trend analysis is much more than just breaking down One Liberty Properties prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether One Liberty Properties is a good investment. Please check the relationship between One Liberty Accounts Payable and its Total Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in One Liberty Properties. 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.
Accounts Payable vs Total Current Assets
Accounts Payable vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of One Liberty Properties Accounts Payable account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between One Liberty's Accounts Payable and Total Current Assets is 0.53. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of One Liberty Properties, assuming nothing else is changed. The correlation between historical values of One Liberty's Accounts Payable and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of One Liberty Properties are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Accounts Payable i.e., One Liberty's Accounts Payable and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.53 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Accounts Payable
An accounting item on the balance sheet that represents One Liberty obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of One Liberty Properties are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from One Liberty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into One Liberty Properties 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 One Liberty Properties. 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, One Liberty's Selling General Administrative is relatively stable compared to the past year. As of 11/28/2024, Enterprise Value is likely to grow to about 42.7 M, while Discontinued Operations is likely to drop slightly above 11.1 K.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 68.9M | 76.7M | 74.2M | 77.9M | Total Revenue | 82.7M | 92.2M | 90.6M | 95.2M |
One Liberty fundamental ratios Correlations
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One Liberty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
One Liberty fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 774.6M | 776.1M | 753.0M | 783.3M | 761.6M | 799.7M | |
Total Stockholder Equity | 290.8M | 290.8M | 305.3M | 316.0M | 306.7M | 156.7M | |
Retained Earnings | (28.4M) | (37.5M) | (36.2M) | (32.1M) | (40.8M) | (38.8M) | |
Non Current Assets Total | 748.6M | 748.0M | 707.8M | 760.5M | 698.7M | 733.6M | |
Non Currrent Assets Other | 711.4M | 712.6M | 677.0M | 730.2M | 679.2M | 713.2M | |
Other Assets | 10.9M | 738.7M | 696.1M | 710.4M | 19.8M | 18.8M | |
Common Stock Shares Outstanding | 19.1M | 19.6M | 20.3M | 20.5M | 20.6M | 21.6M | |
Liabilities And Stockholders Equity | 774.6M | 776.1M | 753.0M | 783.3M | 761.6M | 799.7M | |
Non Current Liabilities Total | 471.8M | 471.7M | 406.8M | 445.3M | 368.4M | 195.6M | |
Other Stockholder Equity | 329.9M | 313.4M | 322.8M | 325.9M | 326.4M | 342.7M | |
Total Liab | 482.6M | 484.2M | 446.7M | 466.3M | 453.9M | 476.6M | |
Short Long Term Debt Total | 446.7M | 442.2M | 407.8M | 426.2M | 431.8M | 453.4M | |
Net Debt | 435.6M | 429.5M | 391.7M | 419.5M | 405.4M | 425.6M | |
Cash And Short Term Investments | 11.0M | 12.7M | 16.2M | 6.7M | 26.4M | 14.9M | |
Short Term Investments | 87K | 20.7M | 10.4M | 1.8M | 824K | 782.8K | |
Total Current Assets | 26.1M | 28.1M | 45.1M | 22.8M | 43.1M | 26.1M | |
Total Current Liabilities | 10.8M | 12.5M | 39.9M | 21.1M | 85.5M | 89.7M | |
Short Term Debt | 10.8M | 22.6M | 56.5M | 21.1M | 61.8M | 36.1M | |
Other Current Liab | 23.6M | (10.1M) | (29.7M) | 21.1M | 23.7M | 24.9M | |
Accounts Payable | 23.6M | 30.8M | 28.4M | 29.0M | 33.3M | 19.7M | |
Cash | 11.0M | 12.7M | 16.2M | 6.7M | 26.4M | 16.2M | |
Net Receivables | 15.0M | 15.4M | 14.3M | 16.1M | 16.7M | 11.0M | |
Common Stock Total Equity | 19.3M | 19.9M | 20.2M | 20.4M | 23.4M | 12.3M | |
Accumulated Other Comprehensive Income | (1.6M) | (5.0M) | (1.5M) | 1.8M | 844K | 886.2K | |
Common Stock | 19.3M | 19.9M | 20.2M | 20.4M | 20.3M | 12.7M | |
Other Liab | 11.1M | 11.2M | 38.8M | 10.0M | 11.5M | 14.6M | |
Long Term Debt | 435.8M | 429.7M | 396.3M | 405.2M | 418.3M | 288.9M | |
Other Current Assets | (26.1M) | (28.1M) | (30.5M) | 23.8M | (43.1M) | (40.9M) | |
Intangible Assets | 26.1M | 24.7M | 20.7M | 19.8M | 14.7M | 21.0M | |
Net Tangible Assets | 264.7M | 266.1M | 284.6M | 296.1M | 340.5M | 276.3M | |
Noncontrolling Interest In Consolidated Entity | 1.2M | 1.2M | 946K | 972K | 1.1M | 1.4M | |
Retained Earnings Total Equity | (28.4M) | (37.5M) | (36.2M) | (32.1M) | (28.9M) | (27.4M) | |
Long Term Debt Total | 435.8M | 429.7M | 396.3M | 405.2M | 465.9M | 385.9M | |
Capital Surpluse | 301.5M | 313.4M | 322.8M | 325.9M | 374.8M | 287.5M | |
Long Term Investments | 11.1M | 10.7M | 11.4M | 10.4M | 2.1M | 1.9M | |
Non Current Liabilities Other | 12.4M | 11.2M | 10.4M | 11.1M | 10.1M | 12.6M |
Pair Trading with One Liberty
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 One Liberty 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 One Liberty will appreciate offsetting losses from the drop in the long position's value.Moving together with One Stock
Moving against One Stock
0.68 | OPI | Office Properties Income | PairCorr |
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0.5 | HASI | Hannon Armstrong Sus | PairCorr |
0.45 | LXP | LXP Industrial Trust | PairCorr |
The ability to find closely correlated positions to One Liberty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace One Liberty 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 One Liberty - 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 One Liberty Properties to buy it.
The correlation of One Liberty 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 One Liberty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if One Liberty Properties 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 One Liberty 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.Additional Tools for One Stock Analysis
When running One Liberty's price analysis, check to measure One Liberty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy One Liberty is operating at the current time. Most of One Liberty's value examination focuses on studying past and present price action to predict the probability of One Liberty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move One Liberty's price. Additionally, you may evaluate how the addition of One Liberty to your portfolios can decrease your overall portfolio volatility.