Ora Inventory vs Common Stock Analysis
OBM Stock | 0.75 0.02 2.60% |
Ora Banda financial indicator trend analysis is much more than just breaking down Ora Banda Mining prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ora Banda Mining is a good investment. Please check the relationship between Ora Banda Inventory and its Common Stock accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ora Banda Mining. 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.
Inventory vs Common Stock
Inventory vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ora Banda Mining Inventory account and Common Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Ora Banda's Inventory and Common Stock is 0.85. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Common Stock in the same time period over historical financial statements of Ora Banda Mining, assuming nothing else is changed. The correlation between historical values of Ora Banda's Inventory 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 Inventory of Ora Banda Mining 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 Inventory i.e., Ora Banda's Inventory and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Inventory
Common Stock
Most indicators from Ora Banda's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ora Banda Mining 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 Ora Banda Mining. 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. Selling General Administrative is likely to gain to about 17.5 M in 2024. Issuance Of Capital Stock is likely to gain to about 34 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 154.3M | 135.9M | 214.2M | 224.9M | Depreciation And Amortization | 41.8M | 18.5M | 23.4M | 24.6M |
Ora Banda fundamental ratios Correlations
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Ora Banda Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ora Banda fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 71.9M | 172.5M | 100.7M | 114.6M | 195.8M | 205.6M | |
Total Current Liabilities | 4.5M | 31.3M | 34.6M | 43.0M | 67.1M | 70.5M | |
Total Stockholder Equity | 48.0M | 102.0M | 34.8M | 31.1M | 96.8M | 101.6M | |
Property Plant And Equipment Net | 14.9M | 64.3M | 30.6M | 39.1M | 139.2M | 146.2M | |
Net Debt | (10.2M) | 3.0M | (3.4M) | 7.1M | 4.3M | 7.8M | |
Retained Earnings | (322.3M) | (344.6M) | (431.2M) | (474.0M) | (446.5M) | (424.1M) | |
Accounts Payable | 2.5M | 8.0M | 10.3M | 14.2M | 19.1M | 10.0M | |
Cash | 10.6M | 24.2M | 27.8M | 24.7M | 26.8M | 28.1M | |
Non Current Assets Total | 59.8M | 125.9M | 54.7M | 64.3M | 139.8M | 146.8M | |
Cash And Short Term Investments | 10.6M | 24.2M | 27.8M | 24.7M | 26.8M | 28.1M | |
Net Receivables | 244K | 1.4M | 1.2M | 6.5M | 2.8M | 1.6M | |
Liabilities And Stockholders Equity | 71.9M | 172.5M | 100.7M | 114.6M | 195.8M | 205.6M | |
Total Liab | 23.8M | 70.5M | 65.9M | 83.5M | 99.0M | 104.0M | |
Property Plant And Equipment Gross | 59.8M | 129.2M | 83.1M | 105.5M | 199.7M | 209.6M | |
Total Current Assets | 12.0M | 46.6M | 46.0M | 50.3M | 56.0M | 58.8M | |
Common Stock | 368.2M | 443.7M | 463.3M | 493.2M | 526.5M | 552.9M | |
Accumulated Other Comprehensive Income | 2.1M | 2.9M | 2.7M | 12.0M | 16.7M | 17.6M | |
Other Current Liab | 1.8M | 14.1M | 10.7M | 20M | 30.2M | 31.7M | |
Non Current Liabilities Total | 19.4M | 39.2M | 31.3M | 40.6M | 31.9M | 33.5M | |
Non Currrent Assets Other | 44.8M | 58.5M | 21.2M | 24.3M | 82.8M | 86.9M | |
Other Current Assets | 1.2M | 639K | 887K | 2.5M | 1.6M | 1.3M | |
Inventory | 55K | 20.3M | 16.2M | 16.6M | 24.8M | 26.0M | |
Other Assets | 20K | 1.0 | 3.1M | 2.6M | 1.15 | 1.09 | |
Other Stockholder Equity | (45.9M) | (99.1M) | (32.1M) | (19.1M) | (17.2M) | (18.1M) | |
Other Liab | 19.2M | 21.2M | 20.5M | 17.6M | 20.2M | 17.0M | |
Net Tangible Assets | 48.0M | 102.0M | 34.8M | 31.1M | 35.7M | 23.2M | |
Property Plant Equipment | 59.8M | 122.9M | 51.7M | 63.4M | 72.9M | 53.5M | |
Long Term Debt Total | 182K | 18.0M | 10.8M | 23.0M | 26.4M | 27.7M | |
Net Invested Capital | 48.0M | 102.0M | 34.8M | 42.0M | 100.8M | 51.5M | |
Net Working Capital | 7.6M | 15.3M | 11.4M | 7.3M | (11.1M) | (11.7M) | |
Capital Stock | 368.2M | 443.7M | 463.3M | 493.2M | 526.5M | 485.0M |
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When running Ora Banda's price analysis, check to measure Ora Banda'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 Ora Banda is operating at the current time. Most of Ora Banda's value examination focuses on studying past and present price action to predict the probability of Ora Banda's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ora Banda's price. Additionally, you may evaluate how the addition of Ora Banda to your portfolios can decrease your overall portfolio volatility.