Osisko Development Corp Stock Total Asset
| ODV Stock | USD 2.03 0.01 0.49% |
Osisko Development Corp fundamentals help investors to digest information that contributes to Osisko Development's financial success or failures. It also enables traders to predict the movement of Osisko Stock. The fundamental analysis module provides a way to measure Osisko Development's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Osisko Development stock.
| Last Reported | Projected for Next Year | ||
| Total Assets | 763.9 M | 666.4 M | |
| Intangibles To Total Assets | (0.01) | (0.01) |
Osisko | Total Asset |
Osisko Development Corp Company Total Asset Analysis
Osisko Development's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current Osisko Development Total Asset | 763.88 M |
Most of Osisko Development's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Osisko Development Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Osisko Total Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Osisko Development is extremely important. It helps to project a fair market value of Osisko Stock properly, considering its historical fundamentals such as Total Asset. Since Osisko Development's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Osisko Development's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Osisko Development's interrelated accounts and indicators.
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Osisko Total Asset Historical Pattern
Today, most investors in Osisko Development Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Osisko Development's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Osisko Development total asset as a starting point in their analysis.
Osisko Development Total Asset |
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Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
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Osisko Total Assets
Total Assets |
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Based on the latest financial disclosure, Osisko Development Corp has a Total Asset of 763.88 M. This is 95.62% lower than that of the Metals & Mining sector and 76.03% lower than that of the Materials industry. The total asset for all United States stocks is 97.41% higher than that of the company.
Osisko Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Osisko Development's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Osisko Development could also be used in its relative valuation, which is a method of valuing Osisko Development by comparing valuation metrics of similar companies.Osisko Development is currently under evaluation in total asset category among related companies.
Osisko Development Current Valuation Drivers
We derive many important indicators used in calculating different scores of Osisko Development from analyzing Osisko Development's financial statements. These drivers represent accounts that assess Osisko Development's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Osisko Development's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.1B | 870.1M | 542.2M | 371.4M | 317.7M | 301.8M | |
| Enterprise Value | 1.1B | 674.7M | 522.5M | 284.5M | 290.4M | 275.9M |
Osisko Development ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Osisko Development's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Osisko Development's managers, analysts, and investors.Environmental | Governance | Social |
Osisko Development Institutional Holders
Institutional Holdings refers to the ownership stake in Osisko Development that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Osisko Development's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Osisko Development's value.| Shares | Crystalline Management Inc | 2024-03-31 | 39.5 K | Modera Wealth Management, Llc | 2024-03-31 | 35.2 K | Bank Of Montreal | 2023-12-31 | 33.5 K | Bmo Capital Markets Corp. | 2023-12-31 | 33.5 K | Hightower Advisors, Llc | 2023-12-31 | 29.4 K | Renaissance Technologies Corp | 2023-12-31 | 25.7 K | Jane Street Group, Llc | 2023-12-31 | 23.6 K | Virtu Financial Llc | 2024-03-31 | 22.3 K | Advisor Group Holdings, Inc. | 2023-12-31 | 11.9 K | Fmr Inc | 2023-12-31 | 3.8 M | Mason Hill Asset Management Incet Al | 2024-03-31 | 1.6 M |
Osisko Fundamentals
| Return On Equity | -0.25 | ||||
| Return On Asset | -0.16 | ||||
| Operating Margin | (8.54) % | ||||
| Current Valuation | 162.4 M | ||||
| Shares Outstanding | 84.15 M | ||||
| Shares Owned By Insiders | 40.02 % | ||||
| Shares Owned By Institutions | 16.59 % | ||||
| Number Of Shares Shorted | 140.64 K | ||||
| Price To Book | 0.47 X | ||||
| Price To Sales | 6.35 X | ||||
| Revenue | 31.62 M | ||||
| Gross Profit | (21.2 M) | ||||
| EBITDA | (30.98 M) | ||||
| Net Income | (181.87 M) | ||||
| Cash And Equivalents | 136.3 M | ||||
| Cash Per Share | 1.80 X | ||||
| Total Debt | 18.6 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 4.00 X | ||||
| Book Value Per Share | 6.82 X | ||||
| Cash Flow From Operations | (43.78 M) | ||||
| Short Ratio | 1.04 X | ||||
| Earnings Per Share | (1.46) X | ||||
| Target Price | 8.72 | ||||
| Number Of Employees | 118 | ||||
| Beta | 1.11 | ||||
| Market Capitalization | 171.74 M | ||||
| Total Asset | 763.88 M | ||||
| Retained Earnings | (510.91 M) | ||||
| Working Capital | 21.93 M | ||||
| Net Asset | 763.88 M |
About Osisko Development Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Osisko Development Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Osisko Development using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Osisko Development Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Osisko Development
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Osisko Development position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Osisko Development will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Osisko Development could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Osisko Development when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Osisko Development - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Osisko Development Corp to buy it.
The correlation of Osisko Development is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Osisko Development moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Osisko Development Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Osisko Development can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Osisko Development Piotroski F Score and Osisko Development Altman Z Score analysis. Note that the Osisko Development Corp information on this page should be used as a complementary analysis to other Osisko Development's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for Osisko Stock analysis
When running Osisko Development's price analysis, check to measure Osisko Development's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Osisko Development is operating at the current time. Most of Osisko Development's value examination focuses on studying past and present price action to predict the probability of Osisko Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Osisko Development's price. Additionally, you may evaluate how the addition of Osisko Development to your portfolios can decrease your overall portfolio volatility.
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Is Osisko Development's industry 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 Osisko Development. If investors know Osisko 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 Osisko Development listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.46) | Revenue Per Share 0.357 | Quarterly Revenue Growth (0.49) | Return On Assets (0.16) | Return On Equity (0.25) |
The market value of Osisko Development Corp is measured differently than its book value, which is the value of Osisko that is recorded on the company's balance sheet. Investors also form their own opinion of Osisko Development's value that differs from its market value or its book value, called intrinsic value, which is Osisko Development'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 Osisko Development's market value can be influenced by many factors that don't directly affect Osisko Development'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 Osisko Development's value and its price as these two are different measures arrived at by different means. Investors typically determine if Osisko Development is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Osisko Development'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.