0VBE Stock | | | 18.53 1.35 6.79% |
Osisko Gold financial indicator trend analysis is much more than just breaking down Osisko Gold Royalties prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Osisko Gold Royalties is a good investment. Please check the relationship between Osisko Gold Good Will and its Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Osisko Gold Royalties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Good Will vs Cash
Good Will vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Osisko Gold Royalties Good Will account and
Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Osisko Gold's Good Will and Cash is 0.41. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Cash in the same time period over historical financial statements of Osisko Gold Royalties, assuming nothing else is changed. The correlation between historical values of Osisko Gold's Good Will and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Osisko Gold Royalties are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Good Will i.e., Osisko Gold's Good Will and Cash go up and down completely randomly.
Correlation Coefficient | 0.41 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Cash
Cash refers to the most liquid asset of Osisko Gold Royalties, which is listed under current asset account on Osisko Gold Royalties balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Osisko Gold customers. The amounts must be unrestricted with restricted cash listed in a different Osisko Gold account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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 Royalties 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Osisko Gold Royalties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Tax Provision is likely to gain to about 10.3
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 22.6
M in 2024.
Osisko Gold fundamental ratios Correlations
Click cells to compare fundamentals
Osisko Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Osisko Gold fundamental ratios Accounts
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