Omnicom Accounts Payable vs Total Assets Analysis

OMC Stock  USD 104.35  0.28  0.27%   
Omnicom financial indicator trend analysis is much more than just breaking down Omnicom Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Omnicom Group is a good investment. Please check the relationship between Omnicom Accounts Payable and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Omnicom Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Accounts Payable vs Total Assets

Accounts Payable vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Omnicom Group Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Omnicom's Accounts Payable and Total Assets is 0.97. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of Omnicom Group, assuming nothing else is changed. The correlation between historical values of Omnicom's Accounts Payable and Total 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 Omnicom Group are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Accounts Payable i.e., Omnicom's Accounts Payable and Total Assets go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents Omnicom 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 Omnicom Group 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 Assets

Total assets refers to the total amount of Omnicom assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Omnicom Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Omnicom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Omnicom Group 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 Omnicom Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
The current year's Enterprise Value is expected to grow to about 18.4 B, whereas Selling General Administrative is forecasted to decline to about 344.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit2.8B2.7B2.7B4.5B
Total Revenue14.3B14.3B14.7B9.3B

Omnicom fundamental ratios Correlations

0.80.830.990.820.560.720.650.750.990.50.760.990.510.860.79-0.51.01.00.130.630.920.970.41-0.890.08
0.80.550.780.620.860.570.750.960.770.520.960.770.510.970.49-0.530.80.810.380.40.730.80.76-0.870.08
0.830.550.80.850.220.710.650.440.870.720.440.830.770.690.9-0.60.80.78-0.080.850.820.730.05-0.7-0.02
0.990.780.80.750.520.70.620.740.970.510.740.990.50.830.81-0.470.990.990.220.620.910.990.37-0.910.02
0.820.620.850.750.460.640.780.540.870.610.540.810.70.720.75-0.690.760.780.020.760.740.690.37-0.630.05
0.560.860.220.520.460.360.60.860.530.160.860.490.20.770.16-0.390.550.570.390.050.460.550.95-0.610.13
0.720.570.710.70.640.360.660.340.760.430.350.730.50.580.63-0.660.70.670.250.630.770.640.26-0.570.0
0.650.750.650.620.780.60.660.60.690.70.610.650.750.730.53-0.940.60.610.470.610.670.560.57-0.56-0.08
0.750.960.440.740.540.860.340.60.70.41.00.710.360.930.39-0.360.770.780.30.250.650.790.76-0.840.14
0.990.770.870.970.870.530.760.690.70.540.710.980.570.850.83-0.560.980.980.110.690.920.940.39-0.870.07
0.50.520.720.510.610.160.430.70.40.540.40.550.950.590.74-0.610.470.460.220.840.490.480.06-0.59-0.21
0.760.960.440.740.540.860.350.611.00.710.40.710.360.930.39-0.360.770.790.290.250.650.790.76-0.850.15
0.990.770.830.990.810.490.730.650.710.980.550.710.570.840.82-0.510.980.980.160.690.910.970.36-0.90.01
0.510.510.770.50.70.20.50.750.360.570.950.360.570.590.74-0.660.470.460.140.890.490.450.12-0.56-0.18
0.860.970.690.830.720.770.580.730.930.850.590.930.840.590.6-0.510.860.870.170.530.790.850.65-0.920.1
0.790.490.90.810.750.160.630.530.390.830.740.390.820.740.6-0.440.780.760.020.860.690.77-0.03-0.74-0.05
-0.5-0.53-0.6-0.47-0.69-0.39-0.66-0.94-0.36-0.56-0.61-0.36-0.51-0.66-0.51-0.44-0.46-0.45-0.45-0.53-0.59-0.38-0.370.320.1
1.00.80.80.990.760.550.70.60.770.980.470.770.980.470.860.78-0.461.00.140.590.920.980.4-0.910.08
1.00.810.780.990.780.570.670.610.780.980.460.790.980.460.870.76-0.451.00.140.570.910.980.42-0.910.09
0.130.38-0.080.220.020.390.250.470.30.110.220.290.160.140.170.02-0.450.140.140.010.20.220.42-0.17-0.36
0.630.40.850.620.760.050.630.610.250.690.840.250.690.890.530.86-0.530.590.570.010.590.56-0.04-0.59-0.18
0.920.730.820.910.740.460.770.670.650.920.490.650.910.490.790.69-0.590.920.910.20.590.880.33-0.8-0.05
0.970.80.730.990.690.550.640.560.790.940.480.790.970.450.850.77-0.380.980.980.220.560.880.4-0.940.02
0.410.760.050.370.370.950.260.570.760.390.060.760.360.120.65-0.03-0.370.40.420.42-0.040.330.4-0.470.04
-0.89-0.87-0.7-0.91-0.63-0.61-0.57-0.56-0.84-0.87-0.59-0.85-0.9-0.56-0.92-0.740.32-0.91-0.91-0.17-0.59-0.8-0.94-0.47-0.04
0.080.08-0.020.020.050.130.0-0.080.140.07-0.210.150.01-0.180.1-0.050.10.080.09-0.36-0.18-0.050.020.04-0.04
Click cells to compare fundamentals

Omnicom Account Relationship Matchups

Omnicom fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets26.8B27.6B28.4B27.0B28.0B15.1B
Short Long Term Debt Total6.4B6.9B6.6B6.5B6.5B6.8B
Other Current Liab2.4B2.4B2.2B2.0B2.1B1.6B
Total Current Liabilities16.0B15.5B16.2B15.1B16.2B8.8B
Total Stockholder Equity2.9B3.1B3.3B3.3B3.6B2.4B
Property Plant And Equipment Net2.1B1.8B2.2B2.1B1.9B2.0B
Net Debt2.1B1.3B1.3B2.2B2.1B1.1B
Retained Earnings7.8B8.2B9.0B9.7B10.6B11.1B
Cash4.3B5.6B5.3B4.3B4.4B4.7B
Non Current Assets Total12.2B12.1B12.5B12.4B12.7B7.0B
Non Currrent Assets Other251.5M255M204.4M210.5M223.5M367.4M
Cash And Short Term Investments4.3B5.6B5.3B4.3B4.4B4.7B
Net Receivables7.8B7.8B8.5B8.1B8.7B4.9B
Common Stock Shares Outstanding220.9M216.2M215.6M207M201.4M302.6M
Liabilities And Stockholders Equity26.8B27.6B28.4B27.0B28.0B15.1B
Non Current Liabilities Total7.4B8.5B8.4B7.8B7.2B7.5B
Other Current Assets1.2B1.1B919.2M918.8M949.9M730.1M
Other Stockholder Equity(3.8B)(3.9B)(4.5B)(5.1B)(5.7B)(5.4B)
Total Liab23.4B24.1B24.6B22.8B23.4B12.4B
Total Current Assets14.6B15.6B15.9B14.6B15.4B8.1B
Short Term Debt612.5M3.9M234.7M224.8M761.4M799.5M
Intangible Assets338.2M298.5M298M313.4M366.9M348.6M
Inventory1.3B1.1B1.2B1.3B1.3B726.6M
Accounts Payable11.8B11.5B11.9B11.0B11.6B7.0B
Property Plant And Equipment Gross2.1B1.8B3.4B3.2B3.1B3.2B
Accumulated Other Comprehensive Income(1.2B)(1.2B)(1.3B)(1.4B)(1.3B)(1.3B)
Short Term Investments5.5M3.6M85M(300K)60.7M0.0
Other Liab1.3B1.3B1.4B1.2B1.4B832.6M
Other Assets251.5M1.6B204.4M210.5M189.5M313.8M
Long Term Debt4.5B5.8B5.7B5.6B4.9B4.0B
Good Will9.4B9.6B9.7B9.7B10.1B8.8B
Treasury Stock(4.6B)(4.7B)(5.1B)(5.7B)(5.1B)(5.4B)
Property Plant Equipment663.4M585.2M2.2B2.1B2.4B2.5B
Current Deferred Revenue1.2B1.4B1.6B1.5B1.4B1.2B
Net Tangible Assets(5.4B)(5.5B)(5.5B)(5.5B)(5.0B)(5.2B)
Noncontrolling Interest In Consolidated Entity519.8M492.5M503.5M524.3M602.9M477.3M
Retained Earnings Total Equity7.8B8.2B9.0B9.7B11.2B8.1B

Also Currently Popular

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 Omnicom Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Omnicom'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 Omnicom Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Omnicom Group Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Omnicom Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Advertising 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 Omnicom. If investors know Omnicom 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 Omnicom 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
0.048
Dividend Share
2.8
Earnings Share
7.31
Revenue Per Share
78.314
Quarterly Revenue Growth
0.085
The market value of Omnicom Group is measured differently than its book value, which is the value of Omnicom that is recorded on the company's balance sheet. Investors also form their own opinion of Omnicom's value that differs from its market value or its book value, called intrinsic value, which is Omnicom'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 Omnicom's market value can be influenced by many factors that don't directly affect Omnicom'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 Omnicom's value and its price as these two are different measures arrived at by different means. Investors typically determine if Omnicom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Omnicom'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.