Outcrop Cash vs Short Long Term Debt Total Analysis

OCG Stock

CAD 0.22 0.01 4.76%

Outcrop Gold financial indicator trend analysis is much more than just breaking down Outcrop Gold Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Outcrop Gold Corp is a good investment. Please check the relationship between Outcrop Gold Cash and its Short Long Term Debt Total accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Outcrop Gold Corp. 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.

Cash vs Short Long Term Debt Total

Cash vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Outcrop Gold Corp Cash account and Short Long Term Debt Total. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Outcrop Gold's Cash and Short Long Term Debt Total is -0.35. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Outcrop Gold Corp, assuming nothing else is changed. The correlation between historical values of Outcrop Gold's Cash and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Outcrop Gold Corp are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Cash i.e., Outcrop Gold's Cash and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

-0.35

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash

Cash refers to the most liquid asset of Outcrop Gold Corp, which is listed under current asset account on Outcrop Gold Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Outcrop Gold customers. The amounts must be unrestricted with restricted cash listed in a different Outcrop Gold 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.

Short Long Term Debt Total

Most indicators from Outcrop Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Outcrop Gold Corp 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 Outcrop Gold Corp. 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.

Enterprise Value is likely to climb to about 28.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.2 M in 2024.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	11.2M	9.5M	10.9M	11.5M
Depreciation And Amortization	27.1K	58.6K	52.7K	68.9K

Other Operating Expenses Depreciation And Amortization

Outcrop Gold fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Assets	Other Current Liab	Net Tangible Assets	Common Stock	Property Plant Equipment	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		-0.56	0.72	1.0	0.69	-0.77	-0.62	0.69	0.73	0.69	-0.58	0.72	0.19	0.6	0.4	0.27	0.7	0.74	0.7	0.09	0.81	0.67	0.69	0.85	0.81	0.68
Short Long Term Debt Total	-0.56		-0.52	-0.56	-0.54	0.4	0.76	-0.41	-0.35	-0.53	0.21	-0.35	-0.09	-0.54	0.07	-0.55	-0.46	-0.36	-0.44	-0.24	-0.19	-0.47	-0.48	-0.38	-0.25	-0.48
Total Current Liabilities	0.72	-0.52		0.68	0.87	-0.27	-0.83	0.96	0.23	0.86	-0.7	0.22	-0.13	0.79	0.35	0.11	1.0	0.24	0.7	0.08	0.67	0.77	0.88	0.76	0.53	0.78
Total Stockholder Equity	1.0	-0.56	0.68		0.68	-0.79	-0.6	0.66	0.75	0.67	-0.57	0.74	0.21	0.58	0.39	0.28	0.66	0.76	0.7	0.08	0.8	0.65	0.67	0.84	0.82	0.66
Property Plant And Equipment Net	0.69	-0.54	0.87	0.68		-0.17	-0.89	0.8	0.1	1.0	-0.75	0.08	-0.29	0.95	0.29	-0.09	0.86	0.11	0.93	0.07	0.66	0.89	0.99	0.88	0.65	0.91
Net Debt	-0.77	0.4	-0.27	-0.79	-0.17		0.11	-0.27	-0.99	-0.16	0.19	-0.99	-0.52	-0.11	-0.22	-0.49	-0.24	-0.99	-0.26	-0.03	-0.54	-0.08	-0.15	-0.37	-0.54	-0.12
Retained Earnings	-0.62	0.76	-0.83	-0.6	-0.89	0.11		-0.76	-0.06	-0.89	0.6	-0.04	0.24	-0.88	-0.13	-0.15	-0.81	-0.07	-0.74	-0.11	-0.44	-0.86	-0.87	-0.71	-0.42	-0.86
Accounts Payable	0.69	-0.41	0.96	0.66	0.8	-0.27	-0.76		0.24	0.8	-0.71	0.22	-0.11	0.72	0.42	-0.02	0.96	0.24	0.62	-0.18	0.66	0.72	0.83	0.71	0.47	0.72
Cash	0.73	-0.35	0.23	0.75	0.1	-0.99	-0.06	0.24		0.1	-0.16	1.0	0.54	0.04	0.24	0.47	0.21	1.0	0.19	0.01	0.52	0.02	0.09	0.33	0.51	0.05
Non Current Assets Total	0.69	-0.53	0.86	0.67	1.0	-0.16	-0.89	0.8	0.1		-0.75	0.08	-0.29	0.95	0.29	-0.1	0.86	0.1	0.94	0.06	0.66	0.89	1.0	0.88	0.66	0.91
Non Currrent Assets Other	-0.58	0.21	-0.7	-0.57	-0.75	0.19	0.6	-0.71	-0.16	-0.75		-0.13	0.15	-0.7	-0.42	0.23	-0.71	-0.15	-0.79	0.1	-0.63	-0.69	-0.76	-0.72	-0.54	-0.7
Cash And Short Term Investments	0.72	-0.35	0.22	0.74	0.08	-0.99	-0.04	0.22	1.0	0.08	-0.13		0.56	0.02	0.22	0.49	0.19	1.0	0.17	0.03	0.5	0.0	0.07	0.3	0.49	0.03
Net Receivables	0.19	-0.09	-0.13	0.21	-0.29	-0.52	0.24	-0.11	0.54	-0.29	0.15	0.56		-0.25	-0.16	0.3	-0.15	0.56	-0.24	0.2	-0.1	-0.27	-0.31	-0.2	-0.09	-0.24
Common Stock Shares Outstanding	0.6	-0.54	0.79	0.58	0.95	-0.11	-0.88	0.72	0.04	0.95	-0.7	0.02	-0.25		0.06	0.01	0.79	0.04	0.89	0.07	0.47	0.89	0.93	0.76	0.49	0.93
Non Current Liabilities Total	0.4	0.07	0.35	0.39	0.29	-0.22	-0.13	0.42	0.24	0.29	-0.42	0.22	-0.16	0.06		-0.37	0.35	0.24	0.32	-0.17	0.71	0.16	0.36	0.53	0.64	0.13
Other Stockholder Equity	0.27	-0.55	0.11	0.28	-0.09	-0.49	-0.15	-0.02	0.47	-0.1	0.23	0.49	0.3	0.01	-0.37		0.07	0.48	-0.17	0.41	-0.08	0.0	-0.14	-0.08	-0.05	0.02
Total Liab	0.7	-0.46	1.0	0.66	0.86	-0.24	-0.81	0.96	0.21	0.86	-0.71	0.19	-0.15	0.79	0.35	0.07		0.21	0.7	0.06	0.67	0.77	0.89	0.77	0.53	0.78
Total Current Assets	0.74	-0.36	0.24	0.76	0.11	-0.99	-0.07	0.24	1.0	0.1	-0.15	1.0	0.56	0.04	0.24	0.48	0.21		0.19	0.03	0.52	0.03	0.1	0.33	0.52	0.06
Other Current Assets	0.7	-0.44	0.7	0.7	0.93	-0.26	-0.74	0.62	0.19	0.94	-0.79	0.17	-0.24	0.89	0.32	-0.17	0.7	0.19		0.1	0.68	0.81	0.92	0.89	0.76	0.84
Other Current Liab	0.09	-0.24	0.08	0.08	0.07	-0.03	-0.11	-0.18	0.01	0.06	0.1	0.03	0.2	0.07	-0.17	0.41	0.06	0.03	0.1		0.04	0.09	0.03	0.14	0.21	0.1
Net Tangible Assets	0.81	-0.19	0.67	0.8	0.66	-0.54	-0.44	0.66	0.52	0.66	-0.63	0.5	-0.1	0.47	0.71	-0.08	0.67	0.52	0.68	0.04		0.54	0.7	0.88	0.92	0.54
Common Stock	0.67	-0.47	0.77	0.65	0.89	-0.08	-0.86	0.72	0.02	0.89	-0.69	0.0	-0.27	0.89	0.16	0.0	0.77	0.03	0.81	0.09	0.54		0.88	0.84	0.56	0.99
Property Plant Equipment	0.69	-0.48	0.88	0.67	0.99	-0.15	-0.87	0.83	0.09	1.0	-0.76	0.07	-0.31	0.93	0.36	-0.14	0.89	0.1	0.92	0.03	0.7	0.88		0.89	0.67	0.89
Net Invested Capital	0.85	-0.38	0.76	0.84	0.88	-0.37	-0.71	0.71	0.33	0.88	-0.72	0.3	-0.2	0.76	0.53	-0.08	0.77	0.33	0.89	0.14	0.88	0.84	0.89		0.91	0.84
Net Working Capital	0.81	-0.25	0.53	0.82	0.65	-0.54	-0.42	0.47	0.51	0.66	-0.54	0.49	-0.09	0.49	0.64	-0.05	0.53	0.52	0.76	0.21	0.92	0.56	0.67	0.91		0.56
Capital Stock	0.68	-0.48	0.78	0.66	0.91	-0.12	-0.86	0.72	0.05	0.91	-0.7	0.03	-0.24	0.93	0.13	0.02	0.78	0.06	0.84	0.1	0.54	0.99	0.89	0.84	0.56

Click cells to compare fundamentals

Outcrop Gold Account Relationship Matchups

Outcrop Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	11.0M	9.4M	6.0M	8.9M	10.3M	6.5M
Total Current Liabilities	532.1K	675.6K	836.9K	507.7K	583.9K	613.1K
Total Stockholder Equity	10.4M	8.7M	5.2M	8.4M	9.7M	6.2M
Property Plant And Equipment Net	4.6M	4.5M	4.6M	5.3M	6.1M	6.4M
Net Debt	(6.0M)	(4.5M)	(1.2M)	(3.2M)	(3.7M)	(3.9M)
Retained Earnings	(51.2M)	(64.0M)	(75.4M)	(84.9M)	(76.4M)	(72.6M)
Accounts Payable	419.3K	642.5K	786.5K	379.2K	436.0K	457.8K
Cash	6.0M	4.5M	1.2M	3.2M	2.9M	3.4M
Non Current Assets Total	4.6M	4.5M	4.6M	5.3M	6.1M	6.4M
Cash And Short Term Investments	6.0M	4.5M	1.2M	3.2M	2.9M	3.5M
Net Receivables	44.4K	39.0K	30.7K	40.0K	36.0K	34.2K
Common Stock Shares Outstanding	64.9M	118.9M	145.9M	199.1M	229.0M	240.4M
Liabilities And Stockholders Equity	11.0M	9.4M	6.0M	8.9M	10.3M	6.5M
Other Stockholder Equity	16.9M	21.2M	24.6M	27.6M	31.7M	24.9M
Total Liab	532.1K	675.6K	851.9K	507.7K	583.9K	613.1K
Total Current Assets	6.3M	4.9M	1.4M	3.7M	3.3M	3.6M
Accumulated Other Comprehensive Income	(46.0)	(2.4K)	(1.7K)	(1.2K)	(1.3K)	(1.3K)
Other Current Assets	329.7K	230.0K	119.6K	326.2K	375.1K	393.8K
Other Current Liab	112.7K	33.1K	37.8K	111.9K	128.7K	78.1K
Net Tangible Assets	1.5M	10.4M	8.7M	5.2M	5.9M	5.1M
Common Stock	44.7M	51.6M	56.0M	65.7M	75.6M	45.9M
Property Plant Equipment	1.3M	4.6M	4.5M	4.6M	5.3M	5.6M
Net Invested Capital	10.4M	8.7M	5.2M	8.4M	9.7M	5.9M
Net Working Capital	5.8M	4.2M	552.7K	3.1M	3.6M	2.4M
Capital Stock	44.7M	51.6M	56.0M	65.7M	75.6M	52.0M

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 Outcrop Stock Analysis

When running Outcrop Gold's price analysis, check to measure Outcrop 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 Outcrop Gold is operating at the current time. Most of Outcrop Gold's value examination focuses on studying past and present price action to predict the probability of Outcrop 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 Outcrop Gold's price. Additionally, you may evaluate how the addition of Outcrop Gold to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC