OnMobile Total Liab vs Total Current Assets 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 Total Liab and its Total Current Assets 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.

Total Liab vs Total Current Assets

Total Liab vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OnMobile Global Total Liab account and Total Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between OnMobile Global's Total Liab and Total Current Assets is 0.84. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Total Current Assets 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 Total Liab 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 Total Liab of OnMobile Global Limited 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 Total Liab i.e., OnMobile Global's Total Liab and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-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 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 Revenue5.2B5.3B5.1B5.7B
Depreciation And Amortization103.7M102.6M112.1M106.5M

OnMobile Global fundamental ratios Correlations

0.650.570.930.990.70.42-0.260.690.510.820.340.90.950.00.550.010.440.940.760.560.90.460.60.220.66
0.650.510.60.630.880.450.140.110.250.66-0.030.530.48-0.340.640.310.080.640.350.80.370.110.780.260.74
0.570.510.660.50.55-0.18-0.30.420.480.40.280.580.58-0.060.460.18-0.090.680.520.640.46-0.020.18-0.210.53
0.930.60.660.860.70.28-0.410.790.640.610.510.960.90.140.520.00.310.990.880.480.850.420.410.190.53
0.990.630.50.860.670.47-0.220.620.470.860.280.840.93-0.060.50.020.490.860.690.560.890.480.660.230.67
0.70.880.550.70.670.54-0.220.20.570.560.250.70.5-0.220.390.490.190.70.550.80.420.370.730.330.63
0.420.45-0.180.280.470.540.15-0.070.040.48-0.050.360.17-0.130.220.240.640.290.170.350.220.530.730.280.25
-0.260.14-0.3-0.41-0.22-0.220.15-0.55-0.920.23-0.88-0.5-0.35-0.460.49-0.190.02-0.31-0.690.01-0.4-0.370.13-0.020.24
0.690.110.420.790.620.2-0.07-0.550.570.290.710.760.790.570.3-0.260.120.770.83-0.070.880.24-0.040.080.06
0.510.250.480.640.470.570.04-0.920.570.050.830.70.530.28-0.230.320.050.550.80.310.530.420.160.160.07
0.820.660.40.610.860.560.480.230.290.05-0.190.520.71-0.390.640.040.560.650.250.630.660.330.660.220.84
0.34-0.030.280.510.280.25-0.05-0.880.710.83-0.190.580.40.77-0.20.07-0.140.430.79-0.120.530.21-0.04-0.04-0.35
0.90.530.580.960.840.70.36-0.50.760.70.520.580.870.20.410.10.310.950.930.420.820.520.440.210.43
0.950.480.580.90.930.50.17-0.350.790.530.710.40.870.090.47-0.140.320.90.80.40.930.360.420.160.56
0.0-0.34-0.060.14-0.06-0.22-0.13-0.460.570.28-0.390.770.20.09-0.08-0.24-0.30.110.44-0.560.3-0.11-0.25-0.25-0.68
0.550.640.460.520.50.390.220.490.3-0.230.64-0.20.410.47-0.08-0.10.020.610.210.340.41-0.130.390.060.57
0.010.310.180.00.020.490.24-0.19-0.260.320.040.070.1-0.14-0.24-0.10.02-0.02-0.030.33-0.130.330.240.360.16
0.440.08-0.090.310.490.190.640.020.120.050.56-0.140.310.32-0.30.020.020.290.10.280.330.680.280.160.35
0.940.640.680.990.860.70.29-0.310.770.550.650.430.950.90.110.61-0.020.290.840.490.830.370.430.180.57
0.760.350.520.880.690.550.17-0.690.830.80.250.790.930.80.440.21-0.030.10.840.220.770.390.280.120.16
0.560.80.640.480.560.80.350.01-0.070.310.63-0.120.420.4-0.560.340.330.280.490.220.240.150.66-0.010.78
0.90.370.460.850.890.420.22-0.40.880.530.660.530.820.930.30.41-0.130.330.830.770.240.370.350.120.37
0.460.11-0.020.420.480.370.53-0.370.240.420.330.210.520.36-0.11-0.130.330.680.370.390.150.370.340.320.29
0.60.780.180.410.660.730.730.13-0.040.160.66-0.040.440.42-0.250.390.240.280.430.280.660.350.340.130.59
0.220.26-0.210.190.230.330.28-0.020.080.160.22-0.040.210.16-0.250.060.360.160.180.12-0.010.120.320.130.23
0.660.740.530.530.670.630.250.240.060.070.84-0.350.430.56-0.680.570.160.350.570.160.780.370.290.590.23
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OnMobile Global Account Relationship Matchups

OnMobile Global fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.9B9.1B9.1B9.1B8.9B9.5B
Other Current Liab(139.7M)418.3M366.1M397.1M285.3M505.5M
Total Current Liabilities2.7B2.6B2.4B2.3B2.2B2.7B
Total Stockholder Equity5.9B6.3B6.5B6.5B6.5B6.5B
Property Plant And Equipment Net322.0M245.0M255.1M245.9M192.7M183.0M
Current Deferred Revenue321.4M506.2M512.3M116.1M(13.9M)(13.2M)
Net Debt(750.8M)(841.8M)(618.1M)(636.1M)(452.1M)(474.7M)
Accounts Payable2.2B1.9B1.7B1.8B1.7B1.6B
Cash895.1M918.4M727.8M770.2M633.3M601.7M
Non Current Assets Total3.3B4.4B5.1B5.7B6.1B4.6B
Cash And Short Term Investments2.5B2.1B1.3B1.5B633.4M601.7M
Net Receivables2.4B2.1B2.2B2.0B1.4B2.3B
Common Stock Shares Outstanding105.7M104.3M106.4M105.9M106.6M115.9M
Short Term Investments1.6B1.1B618.0M742.4M30K28.5K
Liabilities And Stockholders Equity8.9B9.1B9.1B9.1B8.9B9.5B
Non Current Liabilities Total228.7M198.3M195.2M202.3M135.2M236.8M
Inventory(1.9B)(1.1B)(791.7M)(300.2M)(1.4B)(1.4B)
Other Current Assets576.7M2.6B2.7B2.6B2.1B1.4B
Total Liab3.0B2.8B2.6B2.5B2.4B3.0B
Total Current Assets5.5B4.7B4.1B3.4B2.7B5.0B
Accumulated Other Comprehensive Income(2.7B)513.1M555.2M649.1M438.2M460.1M
Short Term Debt(367.4M)15.0M54.9M110.2M165.1M120.5M
Non Currrent Assets Other1.4B2.0B2.2B2.0B2.0B2.1B
Good Will533.6M596.7M656.6M641.9M636.1M855.9M
Other Stockholder Equity6.6B2.4B2.4B2.4B2.4B2.4B
Intangible Assets168.3M351.3M815.6M1.6B2.2B2.3B
Retained Earnings2.0B2.3B2.5B2.4B2.5B2.1B
Other Liab193.5M136.6M140.3M163.2M187.7M129.4M
Net Tangible Assets5.2B5.3B5.1B4.3B5.0B5.4B
Other Assets2.2B2.6B2.7B1.0B1.2B2.1B
Property Plant Equipment322.0M245.0M255.0M245.9M221.3M325.8M
Long Term Debt Total106.9M61.7M54.8M39.1M44.9M36.1M
Net Invested Capital5.9B6.3B6.5B6.6B6.6B6.8B
Net Working Capital2.8B2.1B1.7B1.1B489.4M465.0M

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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.