Osisko Total Current Assets vs Cash And Short Term Investments Analysis

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 Total Current Assets and its Cash And Short Term Investments 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.

Total Current Assets vs Cash And Short Term Investments

Total Current Assets 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 Royalties Total Current Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Osisko Gold's Total Current Assets and Cash And Short Term Investments is 0.9. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash And Short Term Investments 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 Total Current Assets 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 Total Current Assets of Osisko Gold Royalties 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 Total Current Assets i.e., Osisko Gold's Total Current Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

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Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Osisko Gold Royalties 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 Royalties 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 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.

	2021	2022	2023	2024 (projected)
Gross Profit	138.9M	150.4M	173.1M	97.8M
Total Revenue	224.9M	217.8M	247.3M	233.8M

Gross Profit Total Revenue

Osisko Gold fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	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	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Assets	Intangible Assets	Good Will
Total Assets		0.85	0.61	0.46	0.98	0.41	0.74	-0.51	0.39	-0.16	0.98	0.43	-0.16	0.69	0.31	0.84	0.27	0.35	0.47	0.94	0.02	0.35	0.89	0.05	0.37	-0.06
Short Long Term Debt Total	0.85		0.56	0.54	0.75	0.26	0.84	-0.29	0.35	-0.17	0.85	0.52	-0.17	0.52	0.2	0.83	0.24	0.29	0.18	0.96	-0.01	0.45	0.65	0.25	0.32	0.11
Other Current Liab	0.61	0.56		0.69	0.57	0.74	0.49	-0.52	0.95	-0.11	0.56	0.04	-0.13	0.93	-0.47	0.35	0.89	0.92	0.76	0.65	0.3	0.46	0.66	0.53	-0.46	0.25
Total Current Liabilities	0.46	0.54	0.69		0.34	0.44	0.51	-0.38	0.61	-0.19	0.46	0.21	-0.21	0.69	-0.17	0.05	0.57	0.53	0.43	0.57	0.06	0.96	0.43	0.64	-0.21	0.26
Total Stockholder Equity	0.98	0.75	0.57	0.34		0.42	0.68	-0.54	0.37	-0.18	0.97	0.4	-0.17	0.68	0.32	0.82	0.26	0.35	0.53	0.86	0.01	0.22	0.92	-0.09	0.36	-0.09
Property Plant And Equipment Net	0.41	0.26	0.74	0.44	0.42		0.44	-0.78	0.82	-0.43	0.4	-0.26	-0.44	0.69	-0.41	0.18	0.75	0.79	0.83	0.41	-0.08	0.24	0.61	0.18	-0.34	-0.36
Net Debt	0.74	0.84	0.49	0.51	0.68	0.44		-0.65	0.37	-0.68	0.83	0.63	-0.67	0.49	0.26	0.62	0.23	0.32	0.36	0.79	-0.5	0.44	0.75	0.08	0.36	-0.13
Retained Earnings	-0.51	-0.29	-0.52	-0.38	-0.54	-0.78	-0.65		-0.55	0.74	-0.58	-0.23	0.74	-0.57	-0.08	-0.2	-0.4	-0.52	-0.8	-0.39	0.5	-0.26	-0.79	-0.05	-0.09	0.42
Accounts Payable	0.39	0.35	0.95	0.61	0.37	0.82	0.37	-0.55		-0.18	0.34	-0.14	-0.19	0.85	-0.66	0.14	0.97	0.99	0.82	0.44	0.25	0.36	0.53	0.48	-0.64	0.2
Cash	-0.16	-0.17	-0.11	-0.19	-0.18	-0.43	-0.68	0.74	-0.18		-0.32	-0.4	1.0	-0.15	-0.17	0.0	-0.07	-0.16	-0.32	-0.13	0.91	-0.19	-0.42	0.17	-0.22	0.41
Non Current Assets Total	0.98	0.85	0.56	0.46	0.97	0.4	0.83	-0.58	0.34	-0.32		0.53	-0.31	0.64	0.39	0.81	0.21	0.31	0.46	0.92	-0.15	0.37	0.92	0.01	0.44	-0.09
Non Currrent Assets Other	0.43	0.52	0.04	0.21	0.4	-0.26	0.63	-0.23	-0.14	-0.4	0.53		-0.39	0.13	0.61	0.35	-0.28	-0.18	-0.06	0.39	-0.45	0.27	0.38	0.09	0.56	0.18
Cash And Short Term Investments	-0.16	-0.17	-0.13	-0.21	-0.17	-0.44	-0.67	0.74	-0.19	1.0	-0.31	-0.39		-0.17	-0.15	0.02	-0.1	-0.18	-0.34	-0.12	0.9	-0.21	-0.42	0.16	-0.2	0.4
Net Receivables	0.69	0.52	0.93	0.69	0.68	0.69	0.49	-0.57	0.85	-0.15	0.64	0.13	-0.17		-0.33	0.33	0.81	0.84	0.79	0.64	0.23	0.48	0.74	0.35	-0.33	0.16
Common Stock Shares Outstanding	0.31	0.2	-0.47	-0.17	0.32	-0.41	0.26	-0.08	-0.66	-0.17	0.39	0.61	-0.15	-0.33		0.33	-0.78	-0.7	-0.32	0.18	-0.45	0.0	0.22	-0.3	0.96	-0.3
Non Current Liabilities Total	0.84	0.83	0.35	0.05	0.82	0.18	0.62	-0.2	0.14	0.0	0.81	0.35	0.02	0.33	0.33		0.04	0.12	0.14	0.84	0.09	-0.06	0.65	-0.14	0.46	-0.06
Inventory	0.27	0.24	0.89	0.57	0.26	0.75	0.23	-0.4	0.97	-0.07	0.21	-0.28	-0.1	0.81	-0.78	0.04		0.98	0.77	0.33	0.35	0.33	0.41	0.41	-0.77	0.29
Other Current Assets	0.35	0.29	0.92	0.53	0.35	0.79	0.32	-0.52	0.99	-0.16	0.31	-0.18	-0.18	0.84	-0.7	0.12	0.98		0.84	0.38	0.27	0.28	0.52	0.38	-0.69	0.23
Other Stockholder Equity	0.47	0.18	0.76	0.43	0.53	0.83	0.36	-0.8	0.82	-0.32	0.46	-0.06	-0.34	0.79	-0.32	0.14	0.77	0.84		0.34	0.04	0.22	0.75	0.15	-0.37	-0.03
Total Liab	0.94	0.96	0.65	0.57	0.86	0.41	0.79	-0.39	0.44	-0.13	0.92	0.39	-0.12	0.64	0.18	0.84	0.33	0.38	0.34		0.08	0.46	0.76	0.21	0.29	0.01
Total Current Assets	0.02	-0.01	0.3	0.06	0.01	-0.08	-0.5	0.5	0.25	0.91	-0.15	-0.45	0.9	0.23	-0.45	0.09	0.35	0.27	0.04	0.08		-0.04	-0.17	0.33	-0.49	0.5
Short Term Debt	0.35	0.45	0.46	0.96	0.22	0.24	0.44	-0.26	0.36	-0.19	0.37	0.27	-0.21	0.48	0.0	-0.06	0.33	0.28	0.22	0.46	-0.04		0.28	0.57	-0.05	0.2
Common Stock	0.89	0.65	0.66	0.43	0.92	0.61	0.75	-0.79	0.53	-0.42	0.92	0.38	-0.42	0.74	0.22	0.65	0.41	0.52	0.75	0.76	-0.17	0.28		0.0	0.23	-0.11
Other Assets	0.05	0.25	0.53	0.64	-0.09	0.18	0.08	-0.05	0.48	0.17	0.01	0.09	0.16	0.35	-0.3	-0.14	0.41	0.38	0.15	0.21	0.33	0.57	0.0		-0.36	0.4
Intangible Assets	0.37	0.32	-0.46	-0.21	0.36	-0.34	0.36	-0.09	-0.64	-0.22	0.44	0.56	-0.2	-0.33	0.96	0.46	-0.77	-0.69	-0.37	0.29	-0.49	-0.05	0.23	-0.36		-0.45
Good Will	-0.06	0.11	0.25	0.26	-0.09	-0.36	-0.13	0.42	0.2	0.41	-0.09	0.18	0.4	0.16	-0.3	-0.06	0.29	0.23	-0.03	0.01	0.5	0.2	-0.11	0.4	-0.45

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Osisko Gold Account Relationship Matchups

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	199.9M	242.2M
Other Current Liab	21.1M	39.4M	32.7M	16.1M	16.2M	18.6M
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	1.6B	1.6B
Net Debt	240.8M	109.3M	313.1M	65.0M	132.2M	138.8M
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	1.3B	1.8M	1.7M
Cash And Short Term Investments	128.9M	306.0M	115.7M	90.5M	75.9M	72.1M
Net Receivables	6.3M	12.9M	14.7M	11.7M	6.3M	10.7M
Common Stock Shares Outstanding	151.3M	162.4M	167.6M	180.4M	185.2M	141.9M
Liabilities And Stockholders Equity	1.9B	2.4B	2.4B	2.0B	2.0B	2.0B
Non Current Liabilities Total	425.9M	446.5M	244.3M	241.2M	336.5M	337.6M
Inventory	1.7M	10.0M	18.6M	1.0	13K	12.4K
Other Current Assets	3.5M	6.2M	3.9M	2.5M	1.8M	1.7M
Other Stockholder Equity	37.6M	41.6M	42.5M	77.3M	79.4M	47.3M
Total Liab	453.8M	556.1M	590.6M	259.1M	356.9M	414.5M
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	28.1M	19.0M
Common Stock	1.7B	1.8B	1.8B	2.1B	2.1B	1.6B
Other Assets	5.3M	20.3M	14.3M	1.4M	1.6M	1.5M
Long Term Debt	464.3M	352.8M	349.0M	350.6M	403.1M	343.7M
Capital Surpluse	13.3M	21.2M	37.6M	41.6M	47.8M	27.5M
Property Plant Equipment	1.5B	1.6B	1.8B	1.4B	1.6B	1.6B
Other Liab	67.5M	86.0M	119.4M	86.6M	77.9M	76.7M
Net Tangible Assets	1.4B	1.6B	1.5B	1.6B	1.5B	1.3B
Deferred Long Term Liab	1.6M	1.2M	1.8M	1.8M	2.1M	1.7M

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Osisko Total Current Assets vs Cash And Short Term Investments Analysis

Total Current Assets vs Cash And Short Term Investments

Total Current Assets vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Total Current Assets

Cash And Short Term Investments

Osisko Gold fundamental ratios Correlations

Osisko Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Osisko Gold fundamental ratios Accounts

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Additional Tools for Osisko Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Other Current Assets	+ 0.99	Accounts Payable
Total Stockholder Equity	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Total Assets
Other Current Assets	+ 0.98	Inventory
Non Current Assets Total	+ 0.97	Total Stockholder Equity

Other Stockholder Equity	- 0.8	Retained Earnings
Common Stock	- 0.79	Retained Earnings
Inventory	- 0.78	Common Stock Shares Outstanding
Retained Earnings	- 0.78	Property Plant And Equipment Net
Intangible Assets	- 0.77	Inventory
Other Current Assets	- 0.7	Common Stock Shares Outstanding