OrganiGram Cash And Short Term Investments vs Long Term Debt Analysis
OGI Stock | USD 1.82 0.02 1.11% |
OrganiGram Holdings financial indicator trend analysis is much more than just breaking down OrganiGram Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OrganiGram Holdings is a good investment. Please check the relationship between OrganiGram Holdings Cash And Short Term Investments and its Long Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OrganiGram Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in OrganiGram Stock please use our How to Invest in OrganiGram Holdings guide.
Cash And Short Term Investments vs Long Term Debt
Cash And Short Term Investments vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OrganiGram Holdings Cash And Short Term Investments account and Long Term Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between OrganiGram Holdings' Cash And Short Term Investments and Long Term Debt is 0.35. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of OrganiGram Holdings, assuming nothing else is changed. The correlation between historical values of OrganiGram Holdings' Cash And Short Term Investments and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of OrganiGram Holdings are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Cash And Short Term Investments i.e., OrganiGram Holdings' Cash And Short Term Investments and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of OrganiGram Holdings balance sheet. This account contains OrganiGram Holdings investments that will expire within one year. These investments include stocks and bonds that can be liquidated by OrganiGram Holdings fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Long Term Debt
Long-term debt is a debt that OrganiGram Holdings has held for over one year. Long-term debt appears on OrganiGram Holdings balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on OrganiGram Holdings balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from OrganiGram Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OrganiGram Holdings 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 OrganiGram Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in OrganiGram Stock please use our How to Invest in OrganiGram Holdings guide.The OrganiGram Holdings' current Selling General Administrative is estimated to increase to about 59.1 M, while Discontinued Operations is projected to decrease to (35.9 K).
2023 | 2024 (projected) | Reconciled Depreciation | 28.6M | 16.1M | Interest Income | 11.8M | 12.4M |
OrganiGram Holdings fundamental ratios Correlations
Click cells to compare fundamentals
OrganiGram Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
OrganiGram Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 417.6M | 554.0M | 577.1M | 298.5M | 343.2M | 251.2M | |
Other Current Liab | (11.6M) | 2.8M | 11.0M | 1.2M | 1.4M | 1.6M | |
Total Current Liabilities | 29.1M | 26.3M | 55.3M | 22.4M | 25.8M | 18.3M | |
Total Stockholder Equity | 299.5M | 479.8M | 508.1M | 271.6M | 312.4M | 202.3M | |
Net Debt | 79.1M | (50.4M) | (65.2M) | (29.1M) | (26.2M) | (24.9M) | |
Retained Earnings | (144.9M) | (275.6M) | (289.9M) | (538.5M) | (484.7M) | (460.4M) | |
Cash | 24.6M | 55.4M | 68.5M | 33.9M | 38.9M | 27.4M | |
Non Current Assets Total | 247.4M | 293.4M | 355.5M | 142.5M | 163.9M | 144.2M | |
Non Currrent Assets Other | 8.0M | 31.1M | 32.4M | 613K | 705.0K | 669.7K | |
Cash And Short Term Investments | 74.7M | 183.8M | 98.9M | 33.9M | 38.9M | 58.5M | |
Net Receivables | 17.0M | 21.0M | 46.1M | 30.2M | 34.7M | 36.4M | |
Common Stock Shares Outstanding | 43.2M | 64.0M | 77.2M | 81.3M | 93.5M | 98.2M | |
Liabilities And Stockholders Equity | 417.6M | 554.0M | 577.1M | 298.5M | 343.2M | 251.2M | |
Other Stockholder Equity | 23.7M | 24.7M | 28.3M | 33.2M | 38.2M | 40.1M | |
Total Liab | 118.1M | 74.2M | 69.0M | 26.8M | 30.9M | 48.9M | |
Total Current Assets | 170.2M | 260.6M | 221.6M | 156.0M | 179.4M | 119.0M | |
Property Plant And Equipment Net | 247.4M | 235.9M | 259.8M | 99.0M | 113.9M | 135.1M | |
Accounts Payable | 29.1M | 23.4M | 40.9M | 20.0M | 23.0M | 17.5M | |
Non Current Liabilities Total | 89.0M | 47.9M | 13.8M | 4.4M | 5.1M | 4.8M | |
Accumulated Other Comprehensive Income | 23.8M | 24.6M | 28.3M | 33.2M | 38.2M | 40.1M | |
Common Stock | 420.7M | 730.8M | 769.7M | 776.9M | 893.4M | 938.1M | |
Short Long Term Debt Total | 103.7M | 5.0M | 3.4M | 4.7M | 4.2M | 4.0M | |
Other Liab | 231K | 43.1M | 11.4M | 771K | 886.7K | 842.3K | |
Net Tangible Assets | 297.8M | 462.8M | 451.8M | 261.0M | 300.1M | 258.4M | |
Other Assets | 8.7M | 35.4M | 33.1M | 1.0 | 1.15 | 1.09 | |
Long Term Debt | 46.1M | 103.7M | 230K | 155K | 178.3K | 169.3K | |
Short Term Investments | 380K | 50.1M | 128.5M | 30.4M | 35.0M | 46.6M | |
Inventory | 71.8M | 48.8M | 68.3M | 81.0M | 93.1M | 56.5M | |
Other Current Assets | 23.7M | 7.0M | 8.4M | 11.0M | 12.7M | 11.5M | |
Deferred Long Term Liab | 698K | 7K | 30K | 391K | 449.7K | 354.3K | |
Long Term Investments | 11.1M | 7.0M | 6.1M | 7.1M | 8.1M | 4.3M | |
Short Long Term Debt | 421K | 3.5M | 11.6M | 80K | 92K | 87.4K | |
Short Term Debt | 11.6M | 80K | 996K | 1.1M | 1.3M | 2.3M | |
Intangible Assets | 1.8M | 2.7M | 14.3M | 10.6M | 12.2M | 12.8M |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OrganiGram Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in OrganiGram Stock please use our How to Invest in OrganiGram Holdings guide.Note that the OrganiGram Holdings information on this page should be used as a complementary analysis to other OrganiGram Holdings' 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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Is OrganiGram Holdings' 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 OrganiGram Holdings. If investors know OrganiGram 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 OrganiGram Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.83) | Revenue Per Share 1.835 | Quarterly Revenue Growth (0.14) | Return On Assets (0.06) | Return On Equity (0.55) |
The market value of OrganiGram Holdings is measured differently than its book value, which is the value of OrganiGram that is recorded on the company's balance sheet. Investors also form their own opinion of OrganiGram Holdings' value that differs from its market value or its book value, called intrinsic value, which is OrganiGram Holdings' 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 OrganiGram Holdings' market value can be influenced by many factors that don't directly affect OrganiGram Holdings' 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 OrganiGram Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if OrganiGram Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OrganiGram Holdings' 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.