Organto Total Current Liabilities vs Retained Earnings Analysis
| OGO Stock | CAD 0.70 0.02 2.94% |
Organto Foods financial indicator trend analysis is much more than just breaking down Organto Foods prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Organto Foods is a good investment. Please check the relationship between Organto Foods Total Current Liabilities and its Retained Earnings accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Organto Foods Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Total Current Liabilities vs Retained Earnings
Total Current Liabilities vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Organto Foods Total Current Liabilities account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between Organto Foods' Total Current Liabilities and Retained Earnings is -0.92. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Organto Foods Incorporated, assuming nothing else is changed. The correlation between historical values of Organto Foods' Total Current Liabilities and Retained Earnings 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 Current Liabilities of Organto Foods Incorporated are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Current Liabilities i.e., Organto Foods' Total Current Liabilities and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.92 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Total Current Liabilities
Total Current Liabilities is an item on Organto Foods balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Organto Foods Incorporated are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Organto Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Organto Foods 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 Organto Foods Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. At this time, Organto Foods' Discontinued Operations is fairly stable compared to the past year. Enterprise Value is likely to climb to about 24.7 M in 2025, whereas Selling General Administrative is likely to drop slightly above 2.8 M in 2025.
Organto Foods fundamental ratios Correlations
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Organto Foods Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Organto Foods fundamental ratios Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Total Assets | 6.8M | 21.0M | 11.4M | 6.9M | 6.0M | 5.8M | |
| Short Long Term Debt Total | 1.8M | 4.2M | 8.4M | 9.0M | 10.3M | 10.8M | |
| Other Current Liab | 2.9M | 5.7M | 1.3M | 1.3M | 1.0 | 0.95 | |
| Total Current Liabilities | 3.2M | 8.4M | 7.1M | 20.7M | 19.2M | 20.2M | |
| Total Stockholder Equity | (237.9K) | 6.7M | (3.2M) | (15.5M) | (13.9M) | (13.2M) | |
| Net Debt | 20.8K | (3.4M) | 3.2M | 11.2M | 12.4M | 13.0M | |
| Retained Earnings | (28.2M) | (34.6M) | (45.4M) | (58.8M) | (60.8M) | (57.8M) | |
| Accounts Payable | 2.8M | 3.2M | 5.4M | 4.2M | 4.8M | 5.0M | |
| Cash | 4.1M | 11.9M | 5.8M | 186.3K | 291.2K | 276.6K | |
| Non Current Assets Total | 1.0M | 2.9M | 1.4M | 2.4M | 1.4M | 1.8M | |
| Cash And Short Term Investments | 54.6K | 4.1M | 11.9M | 5.9M | 6.7M | 7.1M | |
| Common Stock Shares Outstanding | 18.1M | 25.7M | 28.2M | 28.6M | 34.3M | 35.6M | |
| Liabilities And Stockholders Equity | 2.7M | 6.8M | 21.0M | 11.4M | 13.1M | 13.7M | |
| Non Current Liabilities Total | 3.9M | 5.9M | 7.5M | 1.7M | 724.0K | 687.8K | |
| Other Stockholder Equity | 1.2M | (440.5K) | 72.0K | 797.8K | 718.0K | 682.1K | |
| Total Liab | 7.0M | 14.3M | 14.5M | 22.5M | 19.9M | 20.9M | |
| Total Current Assets | 5.7M | 18.1M | 9.9M | 4.5M | 4.6M | 3.3M | |
| Net Receivables | 915.2K | 3.2M | 2.3M | 1.9M | 2.0M | 2.1M | |
| Short Term Debt | 1.8M | 296.0K | 2.7M | 1.6M | 1.8M | 1.3M | |
| Accumulated Other Comprehensive Income | 2.7M | 3.6M | 6.6M | 7.4M | 8.5M | 8.9M | |
| Common Stock | 17.1M | 24.3M | 33.9M | 34.8M | 40.1M | 42.1M | |
| Inventory | 40.2K | 316.3K | 235.4K | 1.2M | 2.0M | 2.1M | |
| Short Long Term Debt | 296.0K | 2.7M | 1.6M | 10.7M | 12.5M | 13.1M | |
| Other Current Assets | 175.5K | 641.4K | 2.7M | (1.0) | (1.15) | (1.09) | |
| Net Invested Capital | 3.9M | 15.1M | 5.8M | (4.2M) | (1.2M) | (1.2M) | |
| Net Working Capital | 2.6M | 9.7M | 2.9M | (16.3M) | (14.6M) | (13.9M) | |
| Capital Stock | 24.3M | 33.9M | 34.8M | 35.3M | 35.8M | 31.1M |
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