Orestone Mining Current Ratio vs. Earnings Per Share

ORS Stock  CAD 0.03  0.00  0.00%   
Considering the key profitability indicators obtained from Orestone Mining's historical financial statements, Orestone Mining's profitability may be sliding down. It has an above-average likelihood of reporting lower numbers next quarter. Profitability indicators assess Orestone Mining's ability to earn profits and add value for shareholders.
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
18.86098367
Current Value
19.8
Quarterly Volatility
6.46961594
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, Orestone Mining's Net Debt To EBITDA is fairly stable compared to the past year. Current Ratio is likely to climb to 19.80 in 2024, whereas Free Cash Flow Yield is likely to drop (0.64) in 2024.
For Orestone Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Orestone Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Orestone Mining Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Orestone Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Orestone Mining Corp over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Orestone Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Orestone Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orestone Mining'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.

Orestone Mining Corp Earnings Per Share vs. Current Ratio Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Orestone Mining's current stock value. Our valuation model uses many indicators to compare Orestone Mining value to that of its competitors to determine the firm's financial worth.
Orestone Mining Corp is considered to be number one stock in current ratio category among related companies. It is currently under evaluation in earnings per share category among related companies . At this time, Orestone Mining's Current Ratio is fairly stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value Orestone Mining by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Orestone Mining's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Orestone Mining's earnings, one of the primary drivers of an investment's value.

Orestone Earnings Per Share vs. Current Ratio

Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Orestone Mining

Current Ratio

 = 

Current Asset

Current Liabilities

 = 
4.06 X
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.

Orestone Mining

Earnings per Share

 = 

Earnings

Average Shares

 = 
null
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.

Orestone Earnings Per Share Comparison

Orestone Mining is currently under evaluation in earnings per share category among related companies.

Orestone Mining Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Orestone Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Orestone Mining will eventually generate negative long term returns. The profitability progress is the general direction of Orestone Mining's change in net profit over the period of time. It can combine multiple indicators of Orestone Mining, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income3.9 M2.1 M
Operating Income-250.2 K-262.7 K
Income Before Tax-197.5 K-207.4 K
Total Other Income Expense Net52.7 K55.3 K
Net Loss-197.5 K-207.4 K
Income Tax Expense 0.00  0.00 
Net Loss-252.4 K-265 K
Net Loss-635.3 K-667 K
Net Interest Income 3.60  3.42 
Interest Income 3.60  3.42 
Change To Netincome132.2 K125.6 K
Net Income Per Share 0.07  0.07 
Income Quality(6.83)(6.49)
Net Loss(0.46)(0.44)

Orestone Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Orestone Mining. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Orestone Mining position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Orestone Mining's important profitability drivers and their relationship over time.

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To fully project Orestone Mining's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Orestone Mining Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Orestone Mining's income statement, its balance sheet, and the statement of cash flows.
Potential Orestone Mining investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Orestone Mining investors may work on each financial statement separately, they are all related. The changes in Orestone Mining's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Orestone Mining's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.