Ora Other Assets vs Cash 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 Other Assets and its Cash 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.

Other Assets vs Cash

Other Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ora Banda Mining Other Assets account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ora Banda's Other Assets and Cash is 0.43. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Cash 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 Other Assets 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 Other Assets of Ora Banda Mining 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 Other Assets i.e., Ora Banda's Other Assets and Cash go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Other Assets

Cash

Cash refers to the most liquid asset of Ora Banda Mining, which is listed under current asset account on Ora Banda Mining balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Ora Banda customers. The amounts must be unrestricted with restricted cash listed in a different Ora Banda 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 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 Revenue154.3M135.9M214.2M224.9M
Depreciation And Amortization41.8M18.5M23.4M24.6M

Ora Banda fundamental ratios Correlations

0.540.920.9-0.28-0.770.330.840.980.840.310.840.630.790.990.920.9-0.190.270.240.890.780.160.940.70.36
0.540.190.680.52-0.520.670.220.560.220.280.420.510.910.610.440.480.560.80.680.420.220.250.590.180.0
0.920.190.78-0.54-0.60.060.840.910.840.180.750.510.490.880.850.79-0.46-0.03-0.060.790.830.070.820.750.37
0.90.680.78-0.12-0.630.420.630.920.630.180.710.680.790.940.750.75-0.050.430.20.650.640.240.820.690.06
-0.280.52-0.54-0.120.20.18-0.54-0.24-0.540.16-0.35-0.080.23-0.21-0.34-0.320.940.610.73-0.32-0.30.03-0.16-0.6-0.17
-0.77-0.52-0.6-0.630.2-0.45-0.78-0.72-0.78-0.41-0.95-0.53-0.78-0.76-0.81-0.960.04-0.27-0.36-0.89-0.52-0.18-0.74-0.48-0.27
0.330.670.060.420.18-0.450.080.370.080.060.370.310.660.350.220.350.170.390.280.38-0.20.580.270.080.06
0.840.220.840.63-0.54-0.780.080.741.00.360.80.540.550.80.960.88-0.370.00.110.880.78-0.050.880.70.43
0.980.560.910.92-0.24-0.720.370.740.740.210.810.590.780.970.840.85-0.170.310.20.830.740.20.880.670.32
0.840.220.840.63-0.54-0.780.081.00.740.360.80.540.550.80.960.88-0.370.00.110.880.78-0.050.880.70.43
0.310.280.180.180.16-0.410.060.360.210.360.260.450.40.320.470.370.16-0.070.510.430.31-0.030.430.26-0.03
0.840.420.750.71-0.35-0.950.370.80.810.80.260.480.690.810.80.98-0.20.170.160.880.610.180.730.550.28
0.630.510.510.68-0.08-0.530.310.540.590.540.450.480.590.690.630.560.040.340.360.50.570.090.660.63-0.16
0.790.910.490.790.23-0.780.660.550.780.550.40.690.590.820.730.770.30.650.620.750.450.240.820.390.21
0.990.610.880.94-0.21-0.760.350.80.970.80.320.810.690.820.90.88-0.120.350.260.840.790.160.940.730.23
0.920.440.850.75-0.34-0.810.220.960.840.960.470.80.630.730.90.9-0.210.160.30.920.780.060.960.70.4
0.90.480.790.75-0.32-0.960.350.880.850.880.370.980.560.770.880.9-0.170.210.260.940.680.150.850.610.33
-0.190.56-0.46-0.050.940.040.17-0.37-0.17-0.370.16-0.20.040.3-0.12-0.21-0.170.630.81-0.24-0.18-0.05-0.05-0.6-0.08
0.270.8-0.030.430.61-0.270.390.00.310.0-0.070.170.340.650.350.160.210.630.640.150.120.130.330.0-0.12
0.240.68-0.060.20.73-0.360.280.110.20.110.510.160.360.620.260.30.260.810.640.290.16-0.010.42-0.260.22
0.890.420.790.65-0.32-0.890.380.880.830.880.430.880.50.750.840.920.94-0.240.150.290.640.130.870.590.48
0.780.220.830.64-0.3-0.52-0.20.780.740.780.310.610.570.450.790.780.68-0.180.120.160.64-0.360.80.650.2
0.160.250.070.240.03-0.180.58-0.050.2-0.05-0.030.180.090.240.160.060.15-0.050.13-0.010.13-0.360.00.07-0.05
0.940.590.820.82-0.16-0.740.270.880.880.880.430.730.660.820.940.960.85-0.050.330.420.870.80.00.640.41
0.70.180.750.69-0.6-0.480.080.70.670.70.260.550.630.390.730.70.61-0.60.0-0.260.590.650.070.64-0.15
0.360.00.370.06-0.17-0.270.060.430.320.43-0.030.28-0.160.210.230.40.33-0.08-0.120.220.480.2-0.050.41-0.15
Click cells to compare fundamentals

Ora Banda Account Relationship Matchups

Ora Banda fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets71.9M172.5M100.7M114.6M195.8M205.6M
Total Current Liabilities4.5M31.3M34.6M43.0M67.1M70.5M
Total Stockholder Equity48.0M102.0M34.8M31.1M96.8M101.6M
Property Plant And Equipment Net14.9M64.3M30.6M39.1M139.2M146.2M
Net Debt(10.2M)3.0M(3.4M)7.1M4.3M7.8M
Retained Earnings(322.3M)(344.6M)(431.2M)(474.0M)(446.5M)(424.1M)
Accounts Payable2.5M8.0M10.3M14.2M19.1M10.0M
Cash10.6M24.2M27.8M24.7M26.8M28.1M
Non Current Assets Total59.8M125.9M54.7M64.3M139.8M146.8M
Cash And Short Term Investments10.6M24.2M27.8M24.7M26.8M28.1M
Net Receivables244K1.4M1.2M6.5M2.8M1.6M
Liabilities And Stockholders Equity71.9M172.5M100.7M114.6M195.8M205.6M
Total Liab23.8M70.5M65.9M83.5M99.0M104.0M
Property Plant And Equipment Gross59.8M129.2M83.1M105.5M199.7M209.6M
Total Current Assets12.0M46.6M46.0M50.3M56.0M58.8M
Common Stock368.2M443.7M463.3M493.2M526.5M552.9M
Accumulated Other Comprehensive Income2.1M2.9M2.7M12.0M16.7M17.6M
Other Current Liab1.8M14.1M10.7M20M30.2M31.7M
Non Current Liabilities Total19.4M39.2M31.3M40.6M31.9M33.5M
Non Currrent Assets Other44.8M58.5M21.2M24.3M82.8M86.9M
Other Current Assets1.2M639K887K2.5M1.6M1.3M
Inventory55K20.3M16.2M16.6M24.8M26.0M
Other Assets20K1.03.1M2.6M1.151.09
Other Stockholder Equity(45.9M)(99.1M)(32.1M)(19.1M)(17.2M)(18.1M)
Other Liab19.2M21.2M20.5M17.6M20.2M17.0M
Net Tangible Assets48.0M102.0M34.8M31.1M35.7M23.2M
Property Plant Equipment59.8M122.9M51.7M63.4M72.9M53.5M
Long Term Debt Total182K18.0M10.8M23.0M26.4M27.7M
Net Invested Capital48.0M102.0M34.8M42.0M100.8M51.5M
Net Working Capital7.6M15.3M11.4M7.3M(11.1M)(11.7M)
Capital Stock368.2M443.7M463.3M493.2M526.5M485.0M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Ora Stock Analysis

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.