Park Intangible Assets vs Common Stock Shares Outstanding Analysis

PKOH Stock  USD 32.17  0.13  0.41%   
Park Ohio financial indicator trend analysis is much more than just breaking down Park Ohio Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Park Ohio Holdings is a good investment. Please check the relationship between Park Ohio Intangible Assets and its Common Stock Shares Outstanding accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Park Ohio 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 persons.

Intangible Assets vs Common Stock Shares Outstanding

Intangible Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Park Ohio Holdings Intangible Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Park Ohio's Intangible Assets and Common Stock Shares Outstanding is 0.66. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Park Ohio Holdings, assuming nothing else is changed. The correlation between historical values of Park Ohio's Intangible Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Park Ohio Holdings are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Intangible Assets i.e., Park Ohio's Intangible Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Park Ohio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Park Ohio 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 Park Ohio 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 persons.
The Park Ohio's current Enterprise Value is estimated to increase to about 1 B, while Selling General Administrative is projected to decrease to under 113.5 M.
 2021 2023 2024 (projected)
Interest Expense30.1M45.1M47.4M
Depreciation And Amortization30.8M31.7M19.8M

Park Ohio fundamental ratios Correlations

0.820.490.810.890.820.820.750.540.950.450.540.760.720.990.770.54-0.460.990.40.820.540.970.730.880.94
0.820.790.980.680.631.00.780.360.760.460.360.920.690.830.990.49-0.570.830.720.990.640.850.690.860.94
0.490.790.850.210.250.80.410.120.310.460.120.570.380.510.850.63-0.330.560.670.820.320.590.220.680.68
0.810.980.850.630.60.980.740.320.720.430.320.850.630.810.970.63-0.490.830.680.990.590.860.640.830.91
0.890.680.210.630.940.690.890.330.970.240.330.730.450.820.60.33-0.20.810.440.640.690.790.760.710.78
0.820.630.250.60.940.660.870.10.920.350.10.640.270.730.560.38-0.060.730.490.580.690.680.560.640.7
0.821.00.80.980.690.660.810.280.760.460.280.910.630.810.990.5-0.510.820.760.980.660.830.670.860.93
0.750.780.410.740.890.870.810.080.850.130.080.820.310.660.730.33-0.120.660.710.740.840.680.740.660.73
0.540.360.120.320.330.10.280.080.390.21.00.310.810.610.30.2-0.70.59-0.220.390.00.60.440.430.51
0.950.760.310.720.970.920.760.850.390.370.390.750.580.910.680.41-0.330.890.440.720.650.860.790.780.86
0.450.460.460.430.240.350.460.130.20.370.20.390.450.520.480.13-0.480.50.320.440.130.420.040.550.53
0.540.360.120.320.330.10.280.081.00.390.20.310.810.610.30.2-0.70.59-0.220.390.00.60.440.430.51
0.760.920.570.850.730.640.910.820.310.750.390.310.660.760.90.16-0.550.740.740.90.670.780.730.790.86
0.720.690.380.630.450.270.630.310.810.580.450.810.660.810.640.21-0.910.770.130.70.210.770.660.680.77
0.990.830.510.810.820.730.810.660.610.910.520.610.760.810.780.52-0.581.00.360.830.460.970.710.890.95
0.770.990.850.970.60.560.990.730.30.680.480.30.90.640.780.48-0.540.780.760.980.590.810.610.860.91
0.540.490.630.630.330.380.50.330.20.410.130.20.160.210.520.48-0.060.590.110.540.190.570.240.410.5
-0.46-0.57-0.33-0.49-0.2-0.06-0.51-0.12-0.7-0.33-0.48-0.7-0.55-0.91-0.58-0.54-0.06-0.53-0.06-0.58-0.1-0.51-0.47-0.45-0.58
0.990.830.560.830.810.730.820.660.590.890.50.590.740.771.00.780.59-0.530.360.840.460.980.680.890.95
0.40.720.670.680.440.490.760.71-0.220.440.32-0.220.740.130.360.760.11-0.060.360.680.730.40.340.650.59
0.820.990.820.990.640.580.980.740.390.720.440.390.90.70.830.980.54-0.580.840.680.580.870.670.850.93
0.540.640.320.590.690.690.660.840.00.650.130.00.670.210.460.590.19-0.10.460.730.580.460.580.570.6
0.970.850.590.860.790.680.830.680.60.860.420.60.780.770.970.810.57-0.510.980.40.870.460.720.890.94
0.730.690.220.640.760.560.670.740.440.790.040.440.730.660.710.610.24-0.470.680.340.670.580.720.570.69
0.880.860.680.830.710.640.860.660.430.780.550.430.790.680.890.860.41-0.450.890.650.850.570.890.570.96
0.940.940.680.910.780.70.930.730.510.860.530.510.860.770.950.910.5-0.580.950.590.930.60.940.690.96
Click cells to compare fundamentals

Park Ohio Account Relationship Matchups

Park Ohio fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.3B1.4B1.4B1.3B679.8M
Short Long Term Debt Total627.5M599M665.7M720.9M687.8M722.2M
Other Current Liab65.6M58.5M102.1M152.9M129M135.5M
Total Current Liabilities305M307.1M349M448.6M363.6M381.8M
Total Stockholder Equity335.6M344.2M314.1M256.5M280.4M145.8M
Property Plant And Equipment Net301.9M305.2M292.5M235.8M229.6M130.2M
Net Debt571.5M544M611.6M662.7M633M664.7M
Retained Earnings298.2M290.5M259.4M238.8M240.1M252.1M
Cash56M55M54.1M58.2M54.8M27.8M
Non Current Assets Total584.7M594.1M584.5M504.2M516.3M284.0M
Non Currrent Assets Other83.8M91.2M104.3M70.2M103.2M53.2M
Cash And Short Term Investments56M55M54.1M58.2M54.8M27.8M
Net Receivables323M305M278.6M246.3M323.2M339.4M
Common Stock Shares Outstanding12.4M12.1M12.3M12.2M12.5M11.2M
Liabilities And Stockholders Equity1.3B1.3B1.4B1.4B1.3B679.8M
Non Current Liabilities Total655.8M635.5M686.2M720.1M687.2M362.6M
Inventory327.2M310.9M382.9M406.5M411.1M431.7M
Other Current Assets19.5M35.5M90.4M221.4M35.3M24.1M
Other Stockholder Equity58.7M55.7M57.6M62.9M67M55.4M
Total Liab960.8M942.6M1.0B1.2B1.1B530.8M
Property Plant And Equipment Gross301.9M305.2M292.5M235.8M509M534.5M
Total Current Assets725.7M706.4M775.5M932.4M824.4M865.6M
Accumulated Other Comprehensive Income(37M)(18.1M)(19.2M)(61.8M)(43.7M)(45.9M)
Short Term Debt28.7M44.5M16.9M22.1M30.6M32.1M
Accounts Payable175M166.7M178.3M221M204M109.0M
Intangible Assets90.6M86.8M81.7M78.7M73.3M80.4M
Common Stock Total Equity15.7M16.1M16.3M16.6M19.1M14.9M
Common Stock15.7M16.1M16.3M16.6M17M15.0M
Other Liab57M61M44M21.3M24.5M39.3M
Other Assets83.8M162M104.3M80.8M92.9M84.1M
Long Term Debt545.2M517.8M591.5M655.1M633.4M464.5M
Good Will108.4M110.9M106M108.9M110.2M88.7M
Treasury Stock(67.3M)(71.1M)(79.8M)(85.3M)(76.8M)(72.9M)
Property Plant Equipment301.9M305.2M292.5M235.8M271.2M162.3M
Current Deferred Revenue35.7M37.4M51.7M52.6M43.3M32.0M
Net Tangible Assets335.6M344.2M126.4M256.5M295.0M309.7M
Noncontrolling Interest In Consolidated Entity14M13.7M10.7M11.4M13.1M8.9M
Retained Earnings Total Equity298.2M290.5M259.4M238.8M274.6M189.7M
Long Term Debt Total545.2M517.8M591.5M655.1M753.4M531.3M

Currently Active Assets on Macroaxis

When determining whether Park Ohio Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Park Ohio'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 Park Ohio Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Park Ohio Holdings Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Park Ohio 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 persons.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Industrial Machinery & Supplies & Components 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 Park Ohio. If investors know Park 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 Park Ohio 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
(0.17)
Dividend Share
0.5
Earnings Share
3.34
Revenue Per Share
130.779
Quarterly Revenue Growth
(0)
The market value of Park Ohio Holdings is measured differently than its book value, which is the value of Park that is recorded on the company's balance sheet. Investors also form their own opinion of Park Ohio's value that differs from its market value or its book value, called intrinsic value, which is Park Ohio'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 Park Ohio's market value can be influenced by many factors that don't directly affect Park Ohio'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 Park Ohio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Park Ohio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Park Ohio'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.