OnMobile Other Current Liab vs Net Receivables Analysis
ONMOBILE | 76.85 0.94 1.21% |
OnMobile Global financial indicator trend analysis is much more than just breaking down OnMobile Global prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OnMobile Global is a good investment. Please check the relationship between OnMobile Global Other Current Liab and its Net Receivables accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OnMobile Global Limited. 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 labor statistics.
Other Current Liab vs Net Receivables
Other Current Liab vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OnMobile Global Other Current Liab account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between OnMobile Global's Other Current Liab and Net Receivables is 0.58. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Net Receivables in the same time period over historical financial statements of OnMobile Global Limited, assuming nothing else is changed. The correlation between historical values of OnMobile Global's Other Current Liab and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of OnMobile Global Limited are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Current Liab i.e., OnMobile Global's Other Current Liab and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.58 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Current Liab
Net Receivables
Most indicators from OnMobile Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OnMobile Global 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 OnMobile Global Limited. 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 labor statistics. At this time, OnMobile Global's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 129.6 M this year, although the value of Issuance Of Capital Stock will most likely fall to about 7 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 5.2B | 5.3B | 5.1B | 5.7B | Depreciation And Amortization | 103.7M | 102.6M | 112.1M | 106.5M |
OnMobile Global fundamental ratios Correlations
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OnMobile Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
OnMobile Global fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 8.9B | 9.1B | 9.1B | 9.1B | 8.9B | 9.5B | |
Other Current Liab | (139.7M) | 418.3M | 366.1M | 397.1M | 285.3M | 505.5M | |
Total Current Liabilities | 2.7B | 2.6B | 2.4B | 2.3B | 2.2B | 2.7B | |
Total Stockholder Equity | 5.9B | 6.3B | 6.5B | 6.5B | 6.5B | 6.5B | |
Property Plant And Equipment Net | 322.0M | 245.0M | 255.1M | 245.9M | 192.7M | 183.0M | |
Current Deferred Revenue | 321.4M | 506.2M | 512.3M | 116.1M | (13.9M) | (13.2M) | |
Net Debt | (750.8M) | (841.8M) | (618.1M) | (636.1M) | (452.1M) | (474.7M) | |
Accounts Payable | 2.2B | 1.9B | 1.7B | 1.8B | 1.7B | 1.6B | |
Cash | 895.1M | 918.4M | 727.8M | 770.2M | 633.3M | 601.7M | |
Non Current Assets Total | 3.3B | 4.4B | 5.1B | 5.7B | 6.1B | 4.6B | |
Cash And Short Term Investments | 2.5B | 2.1B | 1.3B | 1.5B | 633.4M | 601.7M | |
Net Receivables | 2.4B | 2.1B | 2.2B | 2.0B | 1.4B | 2.3B | |
Common Stock Shares Outstanding | 105.7M | 104.3M | 106.4M | 105.9M | 106.6M | 115.9M | |
Short Term Investments | 1.6B | 1.1B | 618.0M | 742.4M | 30K | 28.5K | |
Liabilities And Stockholders Equity | 8.9B | 9.1B | 9.1B | 9.1B | 8.9B | 9.5B | |
Non Current Liabilities Total | 228.7M | 198.3M | 195.2M | 202.3M | 135.2M | 236.8M | |
Inventory | (1.9B) | (1.1B) | (791.7M) | (300.2M) | (1.4B) | (1.4B) | |
Other Current Assets | 576.7M | 2.6B | 2.7B | 2.6B | 2.1B | 1.4B | |
Total Liab | 3.0B | 2.8B | 2.6B | 2.5B | 2.4B | 3.0B | |
Total Current Assets | 5.5B | 4.7B | 4.1B | 3.4B | 2.7B | 5.0B | |
Accumulated Other Comprehensive Income | (2.7B) | 513.1M | 555.2M | 649.1M | 438.2M | 460.1M | |
Short Term Debt | (367.4M) | 15.0M | 54.9M | 110.2M | 165.1M | 120.5M | |
Non Currrent Assets Other | 1.4B | 2.0B | 2.2B | 2.0B | 2.0B | 2.1B | |
Good Will | 533.6M | 596.7M | 656.6M | 641.9M | 636.1M | 855.9M | |
Other Stockholder Equity | 6.6B | 2.4B | 2.4B | 2.4B | 2.4B | 2.4B | |
Intangible Assets | 168.3M | 351.3M | 815.6M | 1.6B | 2.2B | 2.3B | |
Retained Earnings | 2.0B | 2.3B | 2.5B | 2.4B | 2.5B | 2.1B | |
Other Liab | 193.5M | 136.6M | 140.3M | 163.2M | 187.7M | 129.4M | |
Net Tangible Assets | 5.2B | 5.3B | 5.1B | 4.3B | 5.0B | 5.4B | |
Other Assets | 2.2B | 2.6B | 2.7B | 1.0B | 1.2B | 2.1B | |
Property Plant Equipment | 322.0M | 245.0M | 255.0M | 245.9M | 221.3M | 325.8M | |
Long Term Debt Total | 106.9M | 61.7M | 54.8M | 39.1M | 44.9M | 36.1M | |
Net Invested Capital | 5.9B | 6.3B | 6.5B | 6.6B | 6.6B | 6.8B | |
Net Working Capital | 2.8B | 2.1B | 1.7B | 1.1B | 489.4M | 465.0M |
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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.Other Information on Investing in OnMobile Stock
Balance Sheet is a snapshot of the financial position of OnMobile Global at a specified time, usually calculated after every quarter, six months, or one year. OnMobile Global Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of OnMobile Global and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which OnMobile currently owns. An asset can also be divided into two categories, current and non-current.