| 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 Liab and its Total Assets 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 Liab vs Total Assets
Total Liab vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Osisko Gold Royalties Total Liab account and
Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Osisko Gold's Total Liab and Total Assets is 0.94. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Total Assets 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 Liab and Total Assets 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 Liab of Osisko Gold Royalties are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Liab i.e., Osisko Gold's Total Liab and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.94 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Total Assets
Total assets refers to the total amount of Osisko Gold assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Osisko Gold Royalties books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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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Additional Tools for Osisko Stock Analysis
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measure Osisko Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Osisko Gold is operating at the current time. Most of Osisko Gold's value examination focuses on studying past and present price action to
predict the probability of Osisko Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Osisko Gold's price. Additionally, you may evaluate how the addition of Osisko Gold to your portfolios can decrease your overall portfolio volatility.