Ora Net Debt vs Total Assets Analysis

OBM Stock

0.67 0.05 6.94%

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 Net Debt and its Total Assets 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.

Net Debt vs Total Assets

Net Debt vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ora Banda Mining Net Debt account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Ora Banda's Net Debt and Total Assets is -0.28. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Assets 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 Net Debt 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 Net Debt of Ora Banda Mining 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 Net Debt i.e., Ora Banda's Net Debt and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.28

Relationship Direction	Negative
Relationship Strength	Insignificant

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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.

Total Assets

Total assets refers to the total amount of Ora Banda 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 Ora Banda Mining 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 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

Total Revenue Depreciation And Amortization

Ora Banda fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Other Current Liab	Short Term Debt	Short Long Term Debt Total	Non Current Liabilities Total	Non Currrent Assets Other	Other Current Assets	Inventory	Current Deferred Revenue	Other Assets
Total Assets		0.54	0.92	0.9	-0.28	-0.77	0.33	0.84	0.98	0.84	0.23	0.84	0.63	0.79	0.99	0.92	0.9	0.8	-0.19	0.24	0.89	0.78	0.17	0.94	0.7	0.36
Total Current Liabilities	0.54		0.19	0.68	0.52	-0.52	0.67	0.22	0.56	0.22	0.38	0.42	0.51	0.91	0.61	0.44	0.48	0.66	0.56	0.68	0.42	0.22	0.19	0.59	0.18	0.0
Total Stockholder Equity	0.92	0.19		0.78	-0.54	-0.6	0.06	0.84	0.91	0.84	0.08	0.75	0.51	0.49	0.88	0.85	0.79	0.65	-0.46	-0.06	0.79	0.83	0.12	0.82	0.75	0.37
Property Plant And Equipment Net	0.9	0.68	0.78		-0.12	-0.63	0.42	0.63	0.92	0.63	0.23	0.71	0.68	0.79	0.94	0.75	0.75	0.82	-0.05	0.2	0.65	0.64	0.23	0.82	0.69	0.06
Net Debt	-0.28	0.52	-0.54	-0.12		0.2	0.18	-0.54	-0.24	-0.54	0.25	-0.35	-0.08	0.23	-0.21	-0.34	-0.32	-0.09	0.94	0.73	-0.32	-0.3	0.0	-0.16	-0.6	-0.17
Retained Earnings	-0.77	-0.52	-0.6	-0.63	0.2		-0.45	-0.78	-0.72	-0.78	-0.29	-0.95	-0.53	-0.78	-0.76	-0.81	-0.96	-0.57	0.04	-0.36	-0.89	-0.52	-0.16	-0.74	-0.48	-0.27
Accounts Payable	0.33	0.67	0.06	0.42	0.18	-0.45		0.08	0.37	0.08	0.44	0.37	0.31	0.66	0.35	0.22	0.35	0.24	0.17	0.28	0.38	-0.2	0.46	0.27	0.08	0.06
Cash	0.84	0.22	0.84	0.63	-0.54	-0.78	0.08		0.74	1.0	0.07	0.8	0.54	0.55	0.8	0.96	0.88	0.62	-0.37	0.11	0.88	0.78	-0.02	0.88	0.7	0.43
Non Current Assets Total	0.98	0.56	0.91	0.92	-0.24	-0.72	0.37	0.74		0.74	0.21	0.81	0.59	0.78	0.97	0.84	0.85	0.79	-0.17	0.2	0.83	0.74	0.2	0.88	0.67	0.32
Cash And Short Term Investments	0.84	0.22	0.84	0.63	-0.54	-0.78	0.08	1.0	0.74		0.07	0.8	0.54	0.55	0.8	0.96	0.88	0.62	-0.37	0.11	0.88	0.78	-0.02	0.88	0.7	0.43
Net Receivables	0.23	0.38	0.08	0.23	0.25	-0.29	0.44	0.07	0.21	0.07		0.19	0.28	0.4	0.24	0.25	0.24	0.17	0.17	0.37	0.28	-0.14	0.69	0.21	0.1	-0.05
Common Stock Total Equity	0.84	0.42	0.75	0.71	-0.35	-0.95	0.37	0.8	0.81	0.8	0.19		0.48	0.69	0.81	0.8	0.98	0.56	-0.2	0.16	0.88	0.61	0.17	0.73	0.55	0.28
Common Stock Shares Outstanding	0.63	0.51	0.51	0.68	-0.08	-0.53	0.31	0.54	0.59	0.54	0.28	0.48		0.59	0.69	0.63	0.56	0.66	0.04	0.36	0.5	0.57	0.1	0.66	0.63	-0.16
Total Liab	0.79	0.91	0.49	0.79	0.23	-0.78	0.66	0.55	0.78	0.55	0.4	0.69	0.59		0.82	0.73	0.77	0.76	0.3	0.62	0.75	0.45	0.2	0.82	0.39	0.21
Property Plant And Equipment Gross	0.99	0.61	0.88	0.94	-0.21	-0.76	0.35	0.8	0.97	0.8	0.24	0.81	0.69	0.82		0.9	0.88	0.84	-0.12	0.26	0.84	0.79	0.17	0.94	0.73	0.23
Total Current Assets	0.92	0.44	0.85	0.75	-0.34	-0.81	0.22	0.96	0.84	0.96	0.25	0.8	0.63	0.73	0.9		0.9	0.73	-0.21	0.3	0.92	0.78	0.08	0.96	0.7	0.4
Common Stock	0.9	0.48	0.79	0.75	-0.32	-0.96	0.35	0.88	0.85	0.88	0.24	0.98	0.56	0.77	0.88	0.9		0.66	-0.17	0.26	0.94	0.68	0.15	0.85	0.61	0.33
Other Current Liab	0.8	0.66	0.65	0.82	-0.09	-0.57	0.24	0.62	0.79	0.62	0.17	0.56	0.66	0.76	0.84	0.73	0.66		-0.06	0.27	0.62	0.65	0.03	0.8	0.75	0.06
Short Term Debt	-0.19	0.56	-0.46	-0.05	0.94	0.04	0.17	-0.37	-0.17	-0.37	0.17	-0.2	0.04	0.3	-0.12	-0.21	-0.17	-0.06		0.81	-0.24	-0.18	-0.07	-0.05	-0.6	-0.08
Short Long Term Debt Total	0.24	0.68	-0.06	0.2	0.73	-0.36	0.28	0.11	0.2	0.11	0.37	0.16	0.36	0.62	0.26	0.3	0.26	0.27	0.81		0.29	0.16	-0.02	0.42	-0.26	0.22
Non Current Liabilities Total	0.89	0.42	0.79	0.65	-0.32	-0.89	0.38	0.88	0.83	0.88	0.28	0.88	0.5	0.75	0.84	0.92	0.94	0.62	-0.24	0.29		0.64	0.13	0.87	0.59	0.48
Non Currrent Assets Other	0.78	0.22	0.83	0.64	-0.3	-0.52	-0.2	0.78	0.74	0.78	-0.14	0.61	0.57	0.45	0.79	0.78	0.68	0.65	-0.18	0.16	0.64		-0.3	0.8	0.65	0.2
Other Current Assets	0.17	0.19	0.12	0.23	0.0	-0.16	0.46	-0.02	0.2	-0.02	0.69	0.17	0.1	0.2	0.17	0.08	0.15	0.03	-0.07	-0.02	0.13	-0.3		0.02	0.1	-0.03
Inventory	0.94	0.59	0.82	0.82	-0.16	-0.74	0.27	0.88	0.88	0.88	0.21	0.73	0.66	0.82	0.94	0.96	0.85	0.8	-0.05	0.42	0.87	0.8	0.02		0.64	0.41
Current Deferred Revenue	0.7	0.18	0.75	0.69	-0.6	-0.48	0.08	0.7	0.67	0.7	0.1	0.55	0.63	0.39	0.73	0.7	0.61	0.75	-0.6	-0.26	0.59	0.65	0.1	0.64		-0.15
Other Assets	0.36	0.0	0.37	0.06	-0.17	-0.27	0.06	0.43	0.32	0.43	-0.05	0.28	-0.16	0.21	0.23	0.4	0.33	0.06	-0.08	0.22	0.48	0.2	-0.03	0.41	-0.15

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Ora Banda Account Relationship Matchups

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	1.9M
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
Other Current Liab	1.8M	14.1M	10.7M	20M	30.2M	31.7M
Accumulated Other Comprehensive Income	2.1M	2.9M	2.7M	12.0M	16.7M	17.6M
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	1.2M
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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