Osisko Net Debt vs Cash And Short Term Investments 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 Net Debt and its Cash And Short Term Investments 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.
Net Debt vs Cash And Short Term Investments
Net Debt vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Osisko Gold Ro Net Debt account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Osisko Gold's Net Debt and Cash And Short Term Investments is -0.67. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash And Short Term Investments 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 Debt and Cash And Short Term Investments 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 Debt of Osisko Gold Ro are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Debt i.e., Osisko Gold's Net Debt and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.67 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Osisko Gold Ro balance sheet. This account contains Osisko Gold investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Osisko Gold Ro 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.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 Amortization | 51.9M | 62.1M | 71.5M | 41.6M | Interest Income | 8.3M | 7.5M | 6.8M | 6.5M |
Osisko Gold fundamental ratios Correlations
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Osisko Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Osisko Gold fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.9B | 2.4B | 2.4B | 2.0B | 2.0B | 2.0B | |
Short Long Term Debt Total | 349.0M | 411.8M | 428.8M | 155.6M | 178.9M | 347.2M | |
Other Current Liab | 21.1M | 45.5M | 32.7M | 16.3M | 18.7M | 27.1M | |
Total Current Liabilities | 27.9M | 109.5M | 346.3M | 17.9M | 20.5M | 19.4M | |
Total Stockholder Equity | 1.5B | 1.7B | 1.6B | 1.7B | 1.7B | 1.6B | |
Property Plant And Equipment Net | 386.6M | 532.0M | 639.3M | 6.9M | 7.1M | 6.8M | |
Net Debt | 240.8M | 109.3M | 313.1M | 65.0M | 124.2M | 130.4M | |
Retained Earnings | (249.7M) | (174.5M) | (283.0M) | (463.6M) | (554.7M) | (527.0M) | |
Accounts Payable | 6.8M | 12.8M | 9.7M | 648K | 3.1M | 5.1M | |
Cash | 108.2M | 302.5M | 115.7M | 90.5M | 67.7M | 64.3M | |
Non Current Assets Total | 1.8B | 2.1B | 2.2B | 1.9B | 1.9B | 1.8B | |
Non Currrent Assets Other | 1.1B | 1.1B | 1.2B | 1.4B | 1.6B | 1.1B | |
Cash And Short Term Investments | 128.9M | 306.0M | 115.7M | 90.5M | 81.5M | 77.4M | |
Net Receivables | 6.3M | 12.9M | 14.7M | 11.7M | 4.1M | 3.9M | |
Common Stock Total Equity | 1.6B | 1.6B | 1.7B | 1.8B | 2.0B | 1.4B | |
Common Stock Shares Outstanding | 151.3M | 162.4M | 167.6M | 180.7M | 185.3M | 142.0M | |
Liabilities And Stockholders Equity | 1.9B | 2.4B | 2.4B | 2.0B | 2.3B | 2.0B | |
Non Current Liabilities Total | 425.9M | 446.5M | 244.3M | 241.2M | 295.0M | 333.5M | |
Inventory | 1.7M | 10.0M | 18.6M | 13K | 11.7K | 11.1K | |
Other Current Assets | 3.5M | 6.2M | 3.9M | 2.5M | 2.3M | 4.0M | |
Other Stockholder Equity | 73.3M | 77.2M | 75.1M | 77.3M | 88.9M | 67.4M | |
Total Liab | 453.8M | 556.1M | 590.6M | 259.1M | 315.5M | 410.4M | |
Property Plant And Equipment Gross | 386.6M | 532.0M | 812.0M | 11.9M | 7.1M | 6.8M | |
Total Current Assets | 140.4M | 335.2M | 152.9M | 104.8M | 84.0M | 79.8M | |
Accumulated Other Comprehensive Income | 13.5M | 49.0M | 58.9M | 47.4M | 54.6M | 57.3M | |
Short Term Debt | 20.7M | 51.3M | 303.9M | 921K | 1.1M | 1.0M | |
Common Stock | 1.7B | 1.8B | 1.8B | 2.1B | 2.4B | 1.6B | |
Other Liab | 67.5M | 86.0M | 119.4M | 86.6M | 99.6M | 103.3M | |
Net Tangible Assets | 1.4B | 1.6B | 1.5B | 1.6B | 1.9B | 1.4B | |
Other Assets | 6.9M | 25.8M | 18.0M | 1.8M | 1.7M | 1.6M | |
Long Term Investments | 171.5M | 276.7M | 294.4M | 393.3M | 208.7M | 280.7M | |
Property Plant Equipment | 1.5B | 1.6B | 1.8B | 1.4B | 1.6B | 1.3B | |
Short Term Investments | 0.0 | 10M | 20.7M | 3.5M | 8.2M | 5.5M | |
Capital Surpluse | 37.6M | 41.6M | 42.5M | 77.3M | 88.9M | 93.3M | |
Deferred Long Term Liab | 1.6M | 1.2M | 1.8M | 1.8M | 1.7M | 1.6M | |
Long Term Debt | 349.0M | 350.6M | 115.5M | 148.0M | 191.9M | 201.8M | |
Long Term Debt Total | 349.0M | 360.5M | 124.9M | 154.7M | 139.2M | 211.7M | |
Net Invested Capital | 1.8B | 2.1B | 2.0B | 1.9B | 1.8B | 1.6B |
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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 closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.