Orestone Pb Ratio vs Average Payables Analysis

ORS Stock

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Orestone Mining financial indicator trend analysis is much more than just breaking down Orestone Mining Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orestone Mining Corp is a good investment. Please check the relationship between Orestone Mining Pb Ratio and its Average Payables accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orestone Mining Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Pb Ratio vs Average Payables

Pb Ratio vs Average Payables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orestone Mining Corp Pb Ratio account and Average Payables. At this time, the significance of the direction appears to have weak relationship.

The correlation between Orestone Mining's Pb Ratio and Average Payables is 0.32. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Average Payables in the same time period over historical financial statements of Orestone Mining Corp, assuming nothing else is changed. The correlation between historical values of Orestone Mining's Pb Ratio and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Orestone Mining Corp are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Pb Ratio i.e., Orestone Mining's Pb Ratio and Average Payables go up and down completely randomly.

Correlation Coefficient

0.32

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Pb Ratio

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Most indicators from Orestone Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orestone Mining Corp 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 Orestone Mining Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

At this time, Orestone Mining's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 3 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Interest Income	37.0	4.0	3.6	3.42
Net Interest Income	37.0	4.0	3.6	3.42

Interest Income Net Interest Income

Orestone Mining fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Net Tangible Assets	Other Assets	Common Stock	Property Plant Equipment	Net Invested Capital	Net Working Capital	Capital Stock	Other Current Assets
Total Assets		-0.34	0.14	0.99	0.95	-0.47	0.1	0.18	0.45	0.95	0.69	0.45	0.55	0.24	0.32	0.28	0.14	0.54	0.72	0.4	0.27	0.71	0.3	0.33	0.28	0.06
Other Current Liab	-0.34		0.23	-0.37	-0.29	0.12	-0.24	0.06	-0.12	-0.3	-0.22	-0.21	-0.29	-0.01	-0.22	-0.25	0.23	-0.25	-0.46	-0.38	-0.03	-0.45	-0.11	-0.21	-0.07	0.14
Total Current Liabilities	0.14	0.23		0.04	0.0	-0.25	0.33	0.94	0.26	0.01	0.24	0.34	0.59	-0.25	0.71	-0.28	1.0	0.47	0.3	0.4	-0.18	0.32	-0.22	-0.11	-0.22	0.31
Total Stockholder Equity	0.99	-0.37	0.04		0.96	-0.45	0.07	0.09	0.43	0.96	0.68	0.42	0.5	0.25	0.25	0.32	0.04	0.5	0.7	0.36	0.29	0.68	0.32	0.34	0.3	0.04
Property Plant And Equipment Net	0.95	-0.29	0.0	0.96		-0.27	-0.07	0.02	0.25	1.0	0.64	0.17	0.4	0.33	0.12	0.28	0.0	0.27	0.58	0.26	0.37	0.58	0.38	0.26	0.37	-0.06
Net Debt	-0.47	0.12	-0.25	-0.45	-0.27		-0.19	-0.27	-1.0	-0.27	-0.15	-0.83	-0.19	-0.12	-0.2	0.07	-0.25	-0.76	-0.64	-0.27	-0.19	-0.6	-0.27	-0.68	-0.18	-0.66
Retained Earnings	0.1	-0.24	0.33	0.07	-0.07	-0.19		0.46	0.21	-0.06	0.58	0.42	0.64	-0.79	0.67	0.26	0.33	0.53	0.55	0.81	-0.75	0.59	-0.73	-0.29	-0.74	0.06
Accounts Payable	0.18	0.06	0.94	0.09	0.02	-0.27	0.46		0.28	0.03	0.31	0.41	0.71	-0.35	0.83	-0.07	0.94	0.56	0.4	0.53	-0.26	0.42	-0.28	-0.05	-0.29	0.29
Cash	0.45	-0.12	0.26	0.43	0.25	-1.0	0.21	0.28		0.25	0.16	0.83	0.2	0.09	0.2	-0.06	0.26	0.77	0.64	0.28	0.15	0.6	0.24	0.67	0.15	0.68
Non Current Assets Total	0.95	-0.3	0.01	0.96	1.0	-0.27	-0.06	0.03	0.25		0.64	0.17	0.41	0.32	0.13	0.28	0.01	0.27	0.58	0.27	0.36	0.58	0.37	0.25	0.36	-0.06
Non Currrent Assets Other	0.69	-0.22	0.24	0.68	0.64	-0.15	0.58	0.31	0.16	0.64		0.26	0.79	-0.44	0.52	0.57	0.24	0.45	0.56	0.64	-0.46	0.6	-0.43	-0.09	-0.44	0.07
Cash And Short Term Investments	0.45	-0.21	0.34	0.42	0.17	-0.83	0.42	0.41	0.83	0.17	0.26		0.47	-0.1	0.53	0.03	0.34	0.96	0.64	0.43	-0.06	0.6	0.0	0.41	-0.05	0.45
Net Receivables	0.55	-0.29	0.59	0.5	0.4	-0.19	0.64	0.71	0.2	0.41	0.79	0.47		-0.48	0.91	0.4	0.59	0.68	0.58	0.66	-0.42	0.59	-0.4	-0.09	-0.42	0.07
Common Stock Shares Outstanding	0.24	-0.01	-0.25	0.25	0.33	-0.12	-0.79	-0.35	0.09	0.32	-0.44	-0.1	-0.48		-0.44	-0.35	-0.25	-0.25	-0.11	-0.54	0.91	-0.17	0.92	0.44	0.96	-0.18
Short Term Investments	0.32	-0.22	0.71	0.25	0.12	-0.2	0.67	0.83	0.2	0.13	0.52	0.53	0.91	-0.44		0.17	0.71	0.69	0.54	0.6	-0.37	0.53	-0.36	-0.1	-0.37	0.05
Other Stockholder Equity	0.28	-0.25	-0.28	0.32	0.28	0.07	0.26	-0.07	-0.06	0.28	0.57	0.03	0.4	-0.35	0.17		-0.28	0.15	0.11	0.23	-0.37	0.09	-0.33	0.1	-0.35	0.07
Total Liab	0.14	0.23	1.0	0.04	0.0	-0.25	0.33	0.94	0.26	0.01	0.24	0.34	0.59	-0.25	0.71	-0.28		0.47	0.3	0.4	-0.18	0.32	-0.22	-0.11	-0.22	0.31
Total Current Assets	0.54	-0.25	0.47	0.5	0.27	-0.76	0.53	0.56	0.77	0.27	0.45	0.96	0.68	-0.25	0.69	0.15	0.47		0.72	0.55	-0.17	0.69	-0.11	0.33	-0.17	0.44
Net Tangible Assets	0.72	-0.46	0.3	0.7	0.58	-0.64	0.55	0.4	0.64	0.58	0.56	0.64	0.58	-0.11	0.54	0.11	0.3	0.72		0.71	0.03	0.99	0.06	0.27	0.01	0.14
Other Assets	0.4	-0.38	0.4	0.36	0.26	-0.27	0.81	0.53	0.28	0.27	0.64	0.43	0.66	-0.54	0.6	0.23	0.4	0.55	0.71		-0.52	0.77	-0.53	-0.28	-0.51	-0.02
Common Stock	0.27	-0.03	-0.18	0.29	0.37	-0.19	-0.75	-0.26	0.15	0.36	-0.46	-0.06	-0.42	0.91	-0.37	-0.37	-0.18	-0.17	0.03	-0.52		-0.04	0.98	0.49	0.98	-0.09
Property Plant Equipment	0.71	-0.45	0.32	0.68	0.58	-0.6	0.59	0.42	0.6	0.58	0.6	0.6	0.59	-0.17	0.53	0.09	0.32	0.69	0.99	0.77	-0.04		-0.01	0.19	-0.06	0.13
Net Invested Capital	0.3	-0.11	-0.22	0.32	0.38	-0.27	-0.73	-0.28	0.24	0.37	-0.43	0.0	-0.4	0.92	-0.36	-0.33	-0.22	-0.11	0.06	-0.53	0.98	-0.01		0.63	0.98	0.0
Net Working Capital	0.33	-0.21	-0.11	0.34	0.26	-0.68	-0.29	-0.05	0.67	0.25	-0.09	0.41	-0.09	0.44	-0.1	0.1	-0.11	0.33	0.27	-0.28	0.49	0.19	0.63		0.49	0.64
Capital Stock	0.28	-0.07	-0.22	0.3	0.37	-0.18	-0.74	-0.29	0.15	0.36	-0.44	-0.05	-0.42	0.96	-0.37	-0.35	-0.22	-0.17	0.01	-0.51	0.98	-0.06	0.98	0.49		-0.14
Other Current Assets	0.06	0.14	0.31	0.04	-0.06	-0.66	0.06	0.29	0.68	-0.06	0.07	0.45	0.07	-0.18	0.05	0.07	0.31	0.44	0.14	-0.02	-0.09	0.13	0.0	0.64	-0.14

Click cells to compare fundamentals

Orestone Mining Account Relationship Matchups

Orestone Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.6M	2.5M	3.8M	3.3M	3.8M	3.0M
Other Current Liab	13.0K	44.1K	84.5K	59.5K	53.5K	48.8K
Total Current Liabilities	59.6K	245.9K	270.9K	84.7K	76.2K	72.4K
Total Stockholder Equity	2.6M	2.2M	3.5M	3.3M	3.8M	2.8M
Property Plant And Equipment Net	2.4M	2.3M	2.9M	3.2M	3.6M	2.5M
Net Debt	(159.4K)	(69.7K)	(753.8K)	(151.3K)	(174.0K)	(182.7K)
Retained Earnings	(7.4M)	(8.8M)	(9.3M)	(9.6M)	(8.6M)	(8.2M)
Accounts Payable	46.5K	201.8K	186.4K	25.2K	22.7K	21.6K
Cash	159.4K	69.7K	753.8K	151.3K	136.2K	163.2K
Non Current Assets Total	2.4M	2.4M	2.9M	3.2M	3.7M	2.6M
Cash And Short Term Investments	159.5K	69.8K	753.8K	151.3K	136.2K	264.4K
Net Receivables	38.4K	16.6K	10.1K	2.2K	1.9K	1.8K
Common Stock Shares Outstanding	23.0M	35.6M	54.3M	56.7M	65.2M	68.4M
Short Term Investments	93.0	33.0	47.0	37.0	20.0	0.0
Liabilities And Stockholders Equity	2.6M	2.5M	3.8M	3.3M	3.8M	3.0M
Other Stockholder Equity	35K	2.4M	2.9M	3.4M	3.1M	3.3M
Total Liab	59.6K	245.9K	270.9K	84.7K	76.2K	72.4K
Total Current Assets	221.4K	99.1K	829.1K	159.7K	143.7K	136.5K
Accumulated Other Comprehensive Income	1.7M	2.4M	2.9M	3.4M	3.9M	2.1M
Net Tangible Assets	1.2M	2.6M	2.2M	3.5M	3.1M	2.0M
Common Stock	6.3M	7.6M	8.1M	9.4M	10.8M	7.9M
Property Plant Equipment	1.5M	2.4M	2.3M	2.9M	2.6M	1.8M
Net Invested Capital	2.6M	2.2M	3.5M	3.3M	3.8M	2.6M
Net Working Capital	161.8K	(146.9K)	558.2K	75.0K	86.2K	68.5K

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Orestone Pb Ratio vs Average Payables Analysis

Pb Ratio vs Average Payables

Pb Ratio vs Average Payables Correlation Analysis

Correlation Coefficient

Pb Ratio

Average Payables

Orestone Mining fundamental ratios Correlations

Orestone Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Orestone Mining fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Orestone Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.99	Total Assets
Property Plant Equipment	+ 0.99	Net Tangible Assets
Net Invested Capital	+ 0.98	Common Stock
Capital Stock	+ 0.98	Common Stock

Cash	- 1.0	Net Debt
Cash And Short Term Investments	- 0.83	Net Debt
Common Stock Shares Outstanding	- 0.79	Retained Earnings
Total Current Assets	- 0.76	Net Debt
Common Stock	- 0.75	Retained Earnings
Capital Stock	- 0.74	Retained Earnings