Old Short Term Investments vs Long Term Investments Analysis

ONB Stock

USD 23.75 0.37 1.58%

Old National financial indicator trend analysis is much more than just breaking down Old National Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Old National Bancorp is a good investment. Please check the relationship between Old National Short Term Investments and its Long Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old National Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Short Term Investments vs Long Term Investments

Short Term Investments vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Old National Bancorp Short Term Investments account and Long Term Investments. At this time, the significance of the direction appears to have no relationship.

The correlation between Old National's Short Term Investments and Long Term Investments is 0.07. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Old National Bancorp, assuming nothing else is changed. The correlation between historical values of Old National's Short Term Investments and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Old National Bancorp are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Short Term Investments i.e., Old National's Short Term Investments and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.07

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Short Term Investments

Short Term Investments is an item under the current assets section of Old National balance sheet. It contains any investments Old National Bancorp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Old National Bancorp can easily liquidate in the marketplace.

Long Term Investments

Long Term Investments is an item on the asset side of Old National balance sheet that represents investments Old National Bancorp intends to hold for over a year. Old National Bancorp long term investments may include different instruments such as stocks, bonds, real estate and cash.

Most indicators from Old National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Old National Bancorp 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 Old National Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At present, Old National's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.32, whereas Tax Provision is forecasted to decline to about 83.6 M.

	2022	2023	2024	2025 (projected)
Operating Income	671.0M	751.3M	832.2M	873.8M
Other Operating Expenses	71.3M	1.0B	1.9B	2.0B

Operating Income Other Operating Expenses

Old National fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock Total Equity	Common Stock	Other Liab	Accounts Payable	Long Term Debt
Common Stock Shares Outstanding		0.99	0.98	0.09	0.2	0.99	0.83	0.97	0.97	0.82	0.02	-0.62	0.89	0.44	0.98	0.54	0.5	0.89	0.94	-0.02	-0.14	0.99	0.42	-0.19	-0.37	0.79
Total Assets	0.99		0.98	0.04	0.18	1.0	0.8	0.96	0.98	0.85	-0.06	-0.65	0.9	0.41	0.99	0.56	0.53	0.91	0.93	-0.1	-0.17	0.99	0.4	-0.17	-0.34	0.83
Short Long Term Debt Total	0.98	0.98		0.1	0.26	0.97	0.81	0.98	0.95	0.78	-0.06	-0.58	0.92	0.35	0.98	0.58	0.48	0.91	0.92	-0.05	-0.04	0.98	0.46	-0.23	-0.41	0.8
Other Current Liab	0.09	0.04	0.1		0.82	0.06	0.18	0.19	0.0	-0.37	0.12	0.53	0.13	-0.22	0.04	0.02	-0.67	0.07	0.17	0.47	0.13	0.07	0.49	-0.2	-0.3	0.03
Total Current Liabilities	0.2	0.18	0.26	0.82		0.18	0.26	0.31	0.13	-0.2	0.0	0.42	0.38	-0.26	0.2	0.12	-0.49	0.28	0.28	0.55	0.25	0.19	0.51	-0.32	-0.35	0.19
Total Stockholder Equity	0.99	1.0	0.97	0.06	0.18		0.82	0.95	0.98	0.85	0.01	-0.64	0.89	0.48	0.98	0.51	0.52	0.89	0.95	-0.05	-0.18	1.0	0.38	-0.21	-0.35	0.82
Property Plant And Equipment Net	0.83	0.8	0.81	0.18	0.26	0.82		0.78	0.77	0.65	0.41	-0.45	0.76	0.53	0.77	0.54	0.37	0.58	0.95	0.14	-0.12	0.81	0.6	-0.57	-0.38	0.45
Net Debt	0.97	0.96	0.98	0.19	0.31	0.95	0.78		0.92	0.69	-0.09	-0.5	0.9	0.25	0.96	0.63	0.37	0.9	0.89	-0.06	-0.13	0.95	0.54	-0.21	-0.44	0.77
Retained Earnings	0.97	0.98	0.95	0.0	0.13	0.98	0.77	0.92		0.89	-0.01	-0.63	0.85	0.53	0.96	0.41	0.52	0.85	0.92	-0.08	-0.2	0.97	0.29	-0.2	-0.27	0.89
Cash	0.82	0.85	0.78	-0.37	-0.2	0.85	0.65	0.69	0.89		0.06	-0.8	0.68	0.71	0.83	0.26	0.78	0.7	0.78	-0.13	-0.22	0.84	0.0	-0.12	-0.05	0.78
Non Current Assets Total	0.02	-0.06	-0.06	0.12	0.0	0.01	0.41	-0.09	-0.01	0.06		0.22	-0.18	0.61	-0.14	-0.21	-0.08	-0.39	0.23	0.52	-0.07	-0.03	0.24	-0.44	0.19	-0.24
Non Currrent Assets Other	-0.62	-0.65	-0.58	0.53	0.42	-0.64	-0.45	-0.5	-0.63	-0.8	0.22		-0.62	-0.44	-0.68	-0.38	-0.91	-0.66	-0.53	0.29	0.07	-0.67	0.18	0.0	0.23	-0.45
Other Assets	0.89	0.9	0.92	0.13	0.38	0.89	0.76	0.9	0.85	0.68	-0.18	-0.62		0.23	0.93	0.58	0.47	0.93	0.86	0.06	0.02	0.91	0.39	-0.37	-0.56	0.68
Cash And Short Term Investments	0.44	0.41	0.35	-0.22	-0.26	0.48	0.53	0.25	0.53	0.71	0.61	-0.44	0.23		0.37	-0.27	0.49	0.14	0.55	0.3	-0.13	0.44	-0.18	-0.35	0.07	0.38
Net Receivables	0.98	0.99	0.98	0.04	0.2	0.98	0.77	0.96	0.96	0.83	-0.14	-0.68	0.93	0.37		0.55	0.55	0.95	0.91	-0.08	-0.1	0.99	0.35	-0.18	-0.41	0.82
Non Current Liabilities Total	0.54	0.56	0.58	0.02	0.12	0.51	0.54	0.63	0.41	0.26	-0.21	-0.38	0.58	-0.27	0.55		0.28	0.56	0.48	-0.41	-0.16	0.53	0.74	-0.03	-0.23	0.17
Other Stockholder Equity	0.5	0.53	0.48	-0.67	-0.49	0.52	0.37	0.37	0.52	0.78	-0.08	-0.91	0.47	0.49	0.55	0.28		0.51	0.43	-0.21	0.02	0.54	-0.23	0.03	-0.06	0.35
Total Liab	0.89	0.91	0.91	0.07	0.28	0.89	0.58	0.9	0.85	0.7	-0.39	-0.66	0.93	0.14	0.95	0.56	0.51		0.75	-0.1	-0.01	0.91	0.28	-0.01	-0.43	0.79
Property Plant And Equipment Gross	0.94	0.93	0.92	0.17	0.28	0.95	0.95	0.89	0.92	0.78	0.23	-0.53	0.86	0.55	0.91	0.48	0.43	0.75		0.09	-0.12	0.94	0.48	-0.46	-0.4	0.69
Total Current Assets	-0.02	-0.1	-0.05	0.47	0.55	-0.05	0.14	-0.06	-0.08	-0.13	0.52	0.29	0.06	0.3	-0.08	-0.41	-0.21	-0.1	0.09		0.35	-0.04	0.01	-0.36	-0.14	-0.1
Short Term Debt	-0.14	-0.17	-0.04	0.13	0.25	-0.18	-0.12	-0.13	-0.2	-0.22	-0.07	0.07	0.02	-0.13	-0.1	-0.16	0.02	-0.01	-0.12	0.35		-0.14	-0.15	-0.08	-0.21	-0.17
Common Stock Total Equity	0.99	0.99	0.98	0.07	0.19	1.0	0.81	0.95	0.97	0.84	-0.03	-0.67	0.91	0.44	0.99	0.53	0.54	0.91	0.94	-0.04	-0.14		0.37	-0.19	-0.38	0.81
Common Stock	0.42	0.4	0.46	0.49	0.51	0.38	0.6	0.54	0.29	0.0	0.24	0.18	0.39	-0.18	0.35	0.74	-0.23	0.28	0.48	0.01	-0.15	0.37		-0.28	-0.17	0.07
Other Liab	-0.19	-0.17	-0.23	-0.2	-0.32	-0.21	-0.57	-0.21	-0.2	-0.12	-0.44	0.0	-0.37	-0.35	-0.18	-0.03	0.03	-0.01	-0.46	-0.36	-0.08	-0.19	-0.28		0.49	0.03
Accounts Payable	-0.37	-0.34	-0.41	-0.3	-0.35	-0.35	-0.38	-0.44	-0.27	-0.05	0.19	0.23	-0.56	0.07	-0.41	-0.23	-0.06	-0.43	-0.4	-0.14	-0.21	-0.38	-0.17	0.49		-0.07
Long Term Debt	0.79	0.83	0.8	0.03	0.19	0.82	0.45	0.77	0.89	0.78	-0.24	-0.45	0.68	0.38	0.82	0.17	0.35	0.79	0.69	-0.1	-0.17	0.81	0.07	0.03	-0.07

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Old National Account Relationship Matchups

Old National fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Common Stock Shares Outstanding	166.2M	165.9M	276.7M	291.9M	311.0M	326.6M
Total Assets	23.0B	24.5B	46.8B	49.1B	53.6B	56.2B
Short Long Term Debt Total	2.3B	2.3B	4.8B	5.3B	5.1B	5.4B
Other Current Liab	86.6M	76.2M	212.0M	26.6B	352.1M	334.5M
Total Current Liabilities	86.6M	76.2M	212.0M	26.8B	352.1M	334.5M
Total Stockholder Equity	3.0B	3.0B	5.1B	5.6B	6.3B	6.7B
Property Plant And Equipment Net	540.6M	545.7M	747.0M	565.4M	589.0M	618.4M
Net Debt	1.7B	1.4B	4.1B	4.9B	3.9B	4.1B
Retained Earnings	783.9M	968.0M	1.2B	1.6B	2.0B	2.1B
Cash	589.7M	822.0M	728.4M	430.9M	1.2B	1.3B
Non Current Assets Total	7.8B	9.2B	2.9B	2.7B	2.9B	3.3B
Non Currrent Assets Other	(113.9M)	(32.9M)	(10.8B)	5.4B	(12.5B)	(11.8B)
Other Assets	8.5B	7.0B	43.0B	39.3B	42.8B	45.0B
Cash And Short Term Investments	6.6B	8.2B	1.0B	430.9M	7.9B	8.2B
Net Receivables	85.1M	85.3M	84.1M	190.5M	219.1M	230.1M
Liabilities And Stockholders Equity	23.0B	24.5B	46.8B	49.1B	53.6B	56.2B
Non Current Liabilities Total	2.3B	2.3B	41.4B	16.7B	5.1B	2.8B
Other Stockholder Equity	1.9B	1.9B	4.2B	(1.8B)	4.6B	4.8B
Total Liab	2.3B	2.3B	41.6B	43.5B	47.2B	49.6B
Property Plant And Equipment Gross	540.6M	545.7M	747.0M	778.1M	844.1M	886.3M
Total Current Assets	6.6B	8.3B	918.9M	7.1B	7.9B	4.8B
Accumulated Other Comprehensive Income	147.8M	(2.4M)	(786.4M)	(738.8M)	(746.0M)	(708.7M)
Short Term Debt	86.6M	76.2M	212.0M	285.6M	328.4M	449.3M
Common Stock Total Equity	169.6M	165.4M	165.8M	292.9M	336.8M	353.7M
Common Stock	2.8B	3.0B	5.9B	6.3B	319.0M	303.0M
Other Liab	2.7M	14.7M	67.5M	97.5M	87.8M	95.9M
Accounts Payable	161.6M	187.4M	18.6B	835.7M	752.1M	714.5M
Long Term Debt	252.8M	2.2B	743.0M	5.0B	5.1B	5.4B
Short Term Investments	6.0B	7.4B	6.8B	6.7B	7.5B	7.8B
Inventory	(363.6M)	(676.3M)	(908.2M)	10.8M	9.8M	10.2M
Intangible Assets	46.0M	34.7M	126.4M	102.3M	120.8M	126.9M
Property Plant Equipment	490.9M	540.6M	545.7M	747.0M	859.1M	902.0M
Good Will	1.1B	1.1B	1.0B	2.0B	2.2B	2.3B
Other Current Assets	676.3M	908.2M	(275.0M)	1.2B	1.1B	1.0B
Net Tangible Assets	1.8B	1.9B	1.9B	2.8B	3.2B	3.3B
Retained Earnings Total Equity	682.2M	783.9M	968.0M	1.2B	1.4B	1.5B
Long Term Debt Total	243.7M	252.8M	296.7M	743.0M	668.7M	367.4M
Capital Surpluse	1.9B	1.9B	1.9B	4.2B	4.8B	5.0B
Long Term Investments	6.0B	7.6B	11.9M	9.8B	10.5B	10.0B

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When determining whether Old National Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Old National'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 Old National Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Old National Bancorp Stock:

How To Invest In Old

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Is Old Stock a good investment?

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What is Old National's Net Worth?

Details

Largest Regional Banks Companies

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Largest Banks - Regional Companies

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old National Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Is Regional Banks 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 Old National. If investors know Old 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 Old National 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

0.063

Dividend Share

0.56

Earnings Share

1.68

Revenue Per Share

5.692

Quarterly Revenue Growth

0.028

The market value of Old National Bancorp is measured differently than its book value, which is the value of Old that is recorded on the company's balance sheet. Investors also form their own opinion of Old National's value that differs from its market value or its book value, called intrinsic value, which is Old National'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 Old National's market value can be influenced by many factors that don't directly affect Old National'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 Old National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old National'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.

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Old Short Term Investments vs Long Term Investments Analysis

Short Term Investments vs Long Term Investments

Short Term Investments vs Long Term Investments Correlation Analysis

Correlation Coefficient

Short Term Investments

Long Term Investments

Old National fundamental ratios Correlations

Old National Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Old National fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Common Stock Total Equity	+ 1.0	Total Stockholder Equity
Total Assets	+ 0.99	Common Stock Shares Outstanding
Total Stockholder Equity	+ 0.99	Common Stock Shares Outstanding
Common Stock Total Equity	+ 0.99	Common Stock Shares Outstanding
Net Receivables	+ 0.99	Total Assets

Other Stockholder Equity	- 0.91	Non Currrent Assets Other
Non Currrent Assets Other	- 0.8	Cash
Net Receivables	- 0.68	Non Currrent Assets Other
Common Stock Total Equity	- 0.67	Non Currrent Assets Other
Other Stockholder Equity	- 0.67	Other Current Liab
Total Liab	- 0.66	Non Currrent Assets Other