Olaplex Net Debt vs Total Current Assets Analysis
OLPX Stock | USD 2.07 0.03 1.43% |
Olaplex Holdings financial indicator trend analysis is much more than just breaking down Olaplex Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Olaplex Holdings is a good investment. Please check the relationship between Olaplex Holdings Net Debt and its Total Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Olaplex Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy Olaplex Stock please use our How to Invest in Olaplex Holdings guide.
Net Debt vs Total Current Assets
Net Debt vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Olaplex Holdings Net Debt account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Olaplex Holdings' Net Debt and Total Current Assets is 0.47. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Olaplex Holdings, assuming nothing else is changed. The correlation between historical values of Olaplex Holdings' Net Debt 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 Net Debt of Olaplex Holdings 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 Net Debt i.e., Olaplex Holdings' Net Debt and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.47 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.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 Olaplex Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Olaplex Holdings 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 Olaplex Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy Olaplex Stock please use our How to Invest in Olaplex Holdings guide.Tax Provision is likely to rise to about 31.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 82.8 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 473.8M | 519.6M | 318.6M | 353.9M | Total Revenue | 598.4M | 704.3M | 458.3M | 482.1M |
Olaplex Holdings fundamental ratios Correlations
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Olaplex Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Olaplex Holdings' price analysis, check to measure Olaplex Holdings' 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 Olaplex Holdings is operating at the current time. Most of Olaplex Holdings' value examination focuses on studying past and present price action to predict the probability of Olaplex Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Olaplex Holdings' price. Additionally, you may evaluate how the addition of Olaplex Holdings to your portfolios can decrease your overall portfolio volatility.