Osisko Accounts Payable vs Common Stock Analysis

OR Stock  CAD 22.48  0.10  0.44%   
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 Accounts Payable and its Common Stock 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 closely tied with the direction of predictive economic indicators such as signals in estimate.

Accounts Payable vs Common Stock

Accounts Payable vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Osisko Gold Ro Accounts Payable account and Common Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Osisko Gold's Accounts Payable and Common Stock is 0.5. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock 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 Accounts Payable and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Osisko Gold Ro are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Accounts Payable i.e., Osisko Gold's Accounts Payable and Common Stock go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents Osisko Gold obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Osisko Gold Ro are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Common Stock

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 closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Osisko Gold's Tax Provision is very stable compared to the past year. As of the 17th of June 2024, Sales General And Administrative To Revenue is likely to grow to 0.19, though Discontinued Operations is likely to grow to (229.5 M).
 2021 2022 2023 2024 (projected)
Depreciation And Amortization51.9M62.1M71.5M41.6M
Interest Income8.3M7.5M6.8M6.5M

Osisko Gold fundamental ratios Correlations

0.850.640.460.980.390.74-0.50.39-0.160.98-0.22-0.160.620.90.310.840.270.360.830.940.40.030.460.860.05
0.850.570.50.750.320.84-0.330.33-0.210.85-0.26-0.210.450.670.210.830.20.260.580.960.34-0.060.60.58-0.05
0.640.570.670.590.910.52-0.570.93-0.140.59-0.63-0.160.880.73-0.420.40.840.890.820.680.910.260.120.63-0.57
0.460.50.670.340.640.51-0.380.61-0.190.46-0.33-0.220.70.48-0.170.060.570.530.510.580.680.060.420.4-0.27
0.980.750.590.340.360.68-0.540.37-0.180.97-0.19-0.170.610.920.320.820.260.360.850.850.360.010.350.90.06
0.390.320.910.640.360.36-0.480.99-0.130.34-0.77-0.160.870.58-0.680.160.980.980.710.451.00.290.060.47-0.76
0.740.840.520.510.680.36-0.640.37-0.680.83-0.08-0.670.430.750.250.610.240.330.680.780.38-0.490.350.73-0.27
-0.5-0.33-0.57-0.38-0.54-0.48-0.64-0.550.74-0.570.050.74-0.41-0.74-0.08-0.17-0.4-0.54-0.78-0.37-0.480.50.18-0.80.4
0.390.330.930.610.370.990.37-0.55-0.180.35-0.74-0.20.840.59-0.660.160.970.990.730.450.990.250.010.5-0.77
-0.16-0.21-0.14-0.19-0.18-0.13-0.680.74-0.18-0.31-0.211.0-0.03-0.37-0.170.03-0.07-0.18-0.35-0.11-0.140.910.19-0.430.36
0.980.850.590.460.970.340.83-0.570.35-0.31-0.12-0.310.580.920.380.810.220.320.830.910.36-0.140.420.890.03
-0.22-0.26-0.63-0.33-0.19-0.77-0.080.05-0.74-0.21-0.12-0.19-0.59-0.260.8-0.23-0.83-0.77-0.36-0.35-0.75-0.54-0.4-0.140.55
-0.16-0.21-0.16-0.22-0.17-0.16-0.670.74-0.21.0-0.31-0.19-0.06-0.37-0.140.04-0.1-0.21-0.36-0.1-0.170.890.18-0.430.38
0.620.450.880.70.610.870.43-0.410.84-0.030.58-0.59-0.060.7-0.380.320.820.830.780.610.880.340.180.61-0.49
0.90.670.730.480.920.580.75-0.740.59-0.370.92-0.26-0.370.70.160.660.470.580.970.790.58-0.090.220.98-0.22
0.310.21-0.42-0.170.32-0.680.25-0.08-0.66-0.170.380.8-0.14-0.380.160.3-0.78-0.7-0.030.16-0.66-0.450.080.250.72
0.840.830.40.060.820.160.61-0.170.160.030.81-0.230.040.320.660.30.060.140.560.850.150.120.480.60.11
0.270.20.840.570.260.980.24-0.40.97-0.070.22-0.83-0.10.820.47-0.780.060.980.620.340.980.350.070.38-0.77
0.360.260.890.530.360.980.33-0.540.99-0.180.32-0.77-0.210.830.58-0.70.140.980.730.390.970.25-0.020.49-0.79
0.830.580.820.510.850.710.68-0.780.73-0.350.83-0.36-0.360.780.97-0.030.560.620.730.720.71-0.020.10.94-0.37
0.940.960.680.580.850.450.78-0.370.45-0.110.91-0.35-0.10.610.790.160.850.340.390.720.470.10.60.7-0.04
0.40.340.910.680.361.00.38-0.480.99-0.140.36-0.75-0.170.880.58-0.660.150.980.970.710.470.280.090.48-0.74
0.03-0.060.260.060.010.29-0.490.50.250.91-0.14-0.540.890.34-0.09-0.450.120.350.25-0.020.10.280.21-0.20.03
0.460.60.120.420.350.060.350.180.010.190.42-0.40.180.180.220.080.480.07-0.020.10.60.090.210.160.24
0.860.580.630.40.90.470.73-0.80.5-0.430.89-0.14-0.430.610.980.250.60.380.490.940.70.48-0.20.16-0.16
0.05-0.05-0.57-0.270.06-0.76-0.270.4-0.770.360.030.550.38-0.49-0.220.720.11-0.77-0.79-0.37-0.04-0.740.030.24-0.16
Click cells to compare fundamentals

Osisko Gold Account Relationship Matchups

Osisko Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B2.4B2.4B2.0B2.0B2.0B
Short Long Term Debt Total349.0M411.8M428.8M155.6M178.9M347.2M
Other Current Liab21.1M45.5M32.7M16.3M18.7M27.1M
Total Current Liabilities27.9M109.5M346.3M17.9M20.5M19.4M
Total Stockholder Equity1.5B1.7B1.6B1.7B1.7B1.6B
Property Plant And Equipment Net386.6M532.0M639.3M6.9M7.1M6.8M
Net Debt240.8M109.3M313.1M65.0M124.2M130.4M
Retained Earnings(249.7M)(174.5M)(283.0M)(463.6M)(554.7M)(527.0M)
Accounts Payable6.8M12.8M9.7M648K3.1M5.1M
Cash108.2M302.5M115.7M90.5M67.7M64.3M
Non Current Assets Total1.8B2.1B2.2B1.9B1.9B1.8B
Non Currrent Assets Other1.1B1.1B1.2B1.4B1.6B1.1B
Cash And Short Term Investments128.9M306.0M115.7M90.5M81.5M77.4M
Net Receivables6.3M12.9M14.7M11.7M4.1M3.9M
Common Stock Total Equity1.6B1.6B1.7B1.8B2.0B1.4B
Common Stock Shares Outstanding151.3M162.4M167.6M180.7M185.3M142.0M
Liabilities And Stockholders Equity1.9B2.4B2.4B2.0B2.3B2.0B
Non Current Liabilities Total425.9M446.5M244.3M241.2M295.0M333.5M
Inventory1.7M10.0M18.6M13K11.7K11.1K
Other Current Assets3.5M6.2M3.9M2.5M2.3M4.0M
Other Stockholder Equity73.3M77.2M75.1M77.3M88.9M67.4M
Total Liab453.8M556.1M590.6M259.1M315.5M410.4M
Property Plant And Equipment Gross386.6M532.0M812.0M11.9M7.1M6.8M
Total Current Assets140.4M335.2M152.9M104.8M84.0M79.8M
Accumulated Other Comprehensive Income13.5M49.0M58.9M47.4M54.6M57.3M
Short Term Debt20.7M51.3M303.9M921K1.1M1.0M
Common Stock1.7B1.8B1.8B2.1B2.4B1.6B
Other Liab67.5M86.0M119.4M86.6M99.6M103.3M
Net Tangible Assets1.4B1.6B1.5B1.6B1.9B1.4B
Other Assets6.9M25.8M18.0M1.8M1.7M1.6M
Long Term Investments171.5M276.7M294.4M393.3M208.7M280.7M
Property Plant Equipment1.5B1.6B1.8B1.4B1.6B1.3B
Short Term Investments0.010M20.7M3.5M8.2M5.5M
Capital Surpluse37.6M41.6M42.5M77.3M88.9M93.3M
Deferred Long Term Liab1.6M1.2M1.8M1.8M1.7M1.6M
Long Term Debt349.0M350.6M115.5M148.0M191.9M201.8M
Long Term Debt Total349.0M360.5M124.9M154.7M139.2M211.7M
Net Invested Capital1.8B2.1B2.0B1.9B1.8B1.6B

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Additional Information and Resources on Investing in Osisko Stock

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 closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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.