Osisko Net Income From Continuing Ops vs Tax Provision Analysis

OR Stock  USD 16.05  0.11  0.69%   
Osisko Gold financial indicator trend analysis is much more than just breaking down Osisko Gold Ro prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Osisko Gold Ro is a good investment. Please check the relationship between Osisko Gold Net Income From Continuing Ops and its Tax Provision accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Osisko Gold Ro. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Net Income From Continuing Ops vs Tax Provision

Net Income From Continuing Ops vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Osisko Gold Ro Net Income From Continuing Ops account and Tax Provision. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Osisko Gold's Net Income From Continuing Ops and Tax Provision is 0.87. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Osisko Gold Ro, assuming nothing else is changed. The correlation between historical values of Osisko Gold's Net Income From Continuing Ops and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Osisko Gold Ro are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Net Income From Continuing Ops i.e., Osisko Gold's Net Income From Continuing Ops and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Net Income From Continuing Ops

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Osisko Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Osisko Gold Ro 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 Osisko Gold Ro. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Osisko Gold's Tax Provision is relatively stable compared to the past year. As of 04/29/2024, Sales General And Administrative To Revenue is likely to grow to 0.19, while Selling General Administrative is likely to drop slightly above 23.4 M.

Osisko Gold fundamental ratios Correlations

0.620.510.990.320.38-0.310.60.1-0.020.780.490.310.510.380.450.430.540.940.210.40.10.270.930.960.58
0.620.720.6-0.25-0.41-0.060.880.020.390.350.2-0.4-0.10.360.870.810.070.6-0.2-0.31-0.080.280.560.70.39
0.510.720.43-0.06-0.19-0.180.58-0.150.20.110.3-0.210.030.090.610.50.130.58-0.19-0.12-0.170.830.440.590.49
0.990.60.430.320.36-0.310.60.10.00.750.450.30.490.410.450.440.520.880.190.380.080.160.950.950.48
0.32-0.25-0.060.320.730.09-0.40.610.060.130.460.850.51-0.3-0.47-0.420.50.270.490.740.630.220.220.1-0.05
0.38-0.41-0.190.360.73-0.36-0.480.18-0.390.380.420.950.78-0.06-0.61-0.510.60.350.320.840.320.120.360.210.16
-0.31-0.06-0.18-0.310.09-0.360.010.560.26-0.12-0.4-0.25-0.68-0.13-0.08-0.24-0.56-0.250.38-0.070.31-0.25-0.56-0.38-0.19
0.60.880.580.6-0.4-0.480.01-0.090.260.480.06-0.54-0.150.450.950.85-0.030.6-0.02-0.38-0.180.080.530.720.48
0.10.02-0.150.10.610.180.56-0.090.150.080.270.30.06-0.35-0.16-0.130.160.090.50.310.92-0.07-0.11-0.13-0.21
-0.020.390.20.00.06-0.390.260.260.15-0.240.0-0.17-0.26-0.050.330.3-0.18-0.06-0.09-0.340.080.03-0.050.0-0.27
0.780.350.110.750.130.38-0.120.480.08-0.240.290.230.430.420.230.220.440.830.410.390.09-0.090.670.740.74
0.490.20.30.450.460.42-0.40.060.270.00.290.420.79-0.40.090.290.90.50.060.520.530.50.510.350.28
0.31-0.4-0.210.30.850.95-0.25-0.540.3-0.170.230.420.71-0.08-0.64-0.530.560.260.290.780.420.110.290.120.01
0.51-0.10.030.490.510.78-0.68-0.150.06-0.260.430.790.71-0.13-0.180.030.920.510.150.60.350.280.590.390.29
0.380.360.090.41-0.3-0.06-0.130.45-0.35-0.050.42-0.4-0.08-0.130.320.25-0.220.33-0.27-0.27-0.46-0.280.370.50.22
0.450.870.610.45-0.47-0.61-0.080.95-0.160.330.230.09-0.64-0.180.320.94-0.040.43-0.15-0.54-0.20.160.440.590.3
0.430.810.50.44-0.42-0.51-0.240.85-0.130.30.220.29-0.530.030.250.940.180.4-0.23-0.48-0.070.140.480.540.24
0.540.070.130.520.50.6-0.56-0.030.16-0.180.440.90.560.92-0.22-0.040.180.540.110.580.420.340.630.430.3
0.940.60.580.880.270.35-0.250.60.09-0.060.830.50.260.510.330.430.40.540.290.350.120.40.820.910.78
0.21-0.2-0.190.190.490.320.38-0.020.5-0.090.410.060.290.15-0.27-0.15-0.230.110.290.410.46-0.120.030.080.25
0.4-0.31-0.120.380.740.84-0.07-0.380.31-0.340.390.520.780.6-0.27-0.54-0.480.580.350.410.370.170.330.20.2
0.1-0.08-0.170.080.630.320.31-0.180.920.080.090.530.420.35-0.46-0.2-0.070.420.120.460.370.03-0.06-0.15-0.16
0.270.280.830.160.220.12-0.250.08-0.070.03-0.090.50.110.28-0.280.160.140.340.4-0.120.170.030.220.270.39
0.930.560.440.950.220.36-0.560.53-0.11-0.050.670.510.290.590.370.440.480.630.820.030.33-0.060.220.940.47
0.960.70.590.950.10.21-0.380.72-0.130.00.740.350.120.390.50.590.540.430.910.080.2-0.150.270.940.63
0.580.390.490.48-0.050.16-0.190.48-0.21-0.270.740.280.010.290.220.30.240.30.780.250.2-0.160.390.470.63
Click cells to compare fundamentals

Osisko Gold Account Relationship Matchups

Osisko Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B2.4B2.4B2.0B2.0B1.7B
Other Current Liab21.1M45.5M32.7M16.3M5.1M4.8M
Total Current Liabilities27.9M109.5M346.3M17.9M20.5M19.4M
Total Stockholder Equity1.5B1.7B1.6B1.7B1.7B1.3B
Other Liab67.5M86.0M119.4M86.6M99.6M54.4M
Net Tangible Assets1.4B1.6B1.5B1.6B1.9B2.0B
Retained Earnings(249.7M)(174.5M)(283.0M)(463.6M)(554.7M)(527.0M)
Accounts Payable6.8M12.8M9.7M648K3.1M3.0M
Cash108.2M302.5M115.7M90.5M67.7M64.3M
Other Assets6.9M25.8M18.0M1.8M2.1M2.0M
Long Term Debt349.0M350.6M115.5M148.0M191.9M182.8M
Net Receivables6.3M12.9M14.7M11.7M6.3M6.2M
Common Stock Total Equity1.6B1.6B1.7B1.8B2.0B2.1B
Inventory1.7M10.0M18.6M1.013K12.4K
Other Current Assets3.5M6.2M3.9M2.5M1.8M1.7M
Other Stockholder Equity73.3M77.2M75.1M77.3M79.4M40.1M
Total Liab453.8M556.1M590.6M259.1M356.9M337.2M
Deferred Long Term Liab1.6M1.2M1.8M1.8M2.1M2.0M
Long Term Investments171.5M276.7M294.4M393.3M208.7M147.1M
Total Current Assets140.4M335.2M152.9M104.8M84.0M151.1M
Accumulated Other Comprehensive Income13.5M49.0M58.9M47.4M28.1M29.5M
Short Term Debt796K51.3M303.9M921K1.1M1.1M
Common Stock1.7B1.8B1.8B2.1B2.1B1.3B
Property Plant Equipment1.5B1.6B1.8B1.4B1.6B1.2B
Short Long Term Debt Total349.0M411.8M428.8M155.6M199.9M242.2M
Property Plant And Equipment Net386.6M532.0M639.3M6.9M1.6B1.6B
Net Debt240.8M109.3M313.1M65.0M132.2M138.8M
Non Current Assets Total1.8B2.1B2.2B1.9B1.9B1.8B
Non Currrent Assets Other1.1B1.1B1.2B1.3B2.2M2.0M
Cash And Short Term Investments128.9M306.0M115.7M90.5M75.9M72.1M
Common Stock Shares Outstanding151.3M162.4M167.6M180.4M185.2M141.9M
Liabilities And Stockholders Equity1.9B2.4B2.4B2.0B2.0B2.0B
Non Current Liabilities Total425.9M446.5M244.3M241.2M336.5M337.6M
Property Plant And Equipment Gross446.8M532.0M812.0M11.9M7.1M6.8M
Long Term Debt Total352.8M349.0M360.5M124.9M143.7M266.7M
Capital Surpluse21.2M37.6M41.6M42.5M48.9M27.9M

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When determining whether Osisko Gold Ro is a strong investment it is important to analyze Osisko Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Osisko Gold's future performance. For an informed investment choice regarding Osisko Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Osisko Gold Ro. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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Is Osisko Gold'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 Gold. 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 Gold 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
0.054
Dividend Share
0.235
Earnings Share
(0.19)
Revenue Per Share
1.335
Quarterly Revenue Growth
0.052
The market value of Osisko Gold Ro 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 Gold's value that differs from its market value or its book value, called intrinsic value, which is Osisko Gold'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 Gold's market value can be influenced by many factors that don't directly affect Osisko Gold'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 Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Osisko Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Osisko Gold'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.