Ora Total Assets vs Property Plant And Equipment Gross 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 Total Assets and its Property Plant And Equipment Gross 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.

Total Assets vs Property Plant And Equipment Gross

Total Assets vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ora Banda Mining Total Assets account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have totally related.
The correlation between Ora Banda's Total Assets and Property Plant And Equipment Gross is 0.99. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant And Equipment Gross 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 Total Assets and Property Plant And Equipment Gross 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 Assets of Ora Banda Mining are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Total Assets i.e., Ora Banda's Total Assets and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Property Plant And Equipment Gross

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

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