Oroco Issuance Of Capital Stock vs Change To Operating Activities Analysis

OCO Stock  CAD 0.28  0.01  3.70%   
Oroco Resource financial indicator trend analysis is much more than just breaking down Oroco Resource Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oroco Resource Corp is a good investment. Please check the relationship between Oroco Resource Issuance Of Capital Stock and its Change To Operating Activities accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oroco Resource 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.

Issuance Of Capital Stock vs Change To Operating Activities

Issuance Of Capital Stock vs Change To Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oroco Resource Corp Issuance Of Capital Stock account and Change To Operating Activities. At this time, the significance of the direction appears to have pay attention.
The correlation between Oroco Resource's Issuance Of Capital Stock and Change To Operating Activities is -0.86. Overlapping area represents the amount of variation of Issuance Of Capital Stock that can explain the historical movement of Change To Operating Activities in the same time period over historical financial statements of Oroco Resource Corp, assuming nothing else is changed. The correlation between historical values of Oroco Resource's Issuance Of Capital Stock and Change To Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Issuance Of Capital Stock of Oroco Resource Corp are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Issuance Of Capital Stock i.e., Oroco Resource's Issuance Of Capital Stock and Change To Operating Activities go up and down completely randomly.

Correlation Coefficient

-0.86
Relationship DirectionNegative 
Relationship StrengthSignificant

Issuance Of Capital Stock

Change To Operating Activities

Most indicators from Oroco Resource's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oroco Resource 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 Oroco Resource 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.
Issuance Of Capital Stock is likely to climb to about 10.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.5 M in 2024.
 2023 2024 (projected)
Reconciled Depreciation296.4K311.2K
Research Development111.3K62.9K

Oroco Resource fundamental ratios Correlations

0.150.70.451.00.83-0.47-0.830.840.440.980.46-0.220.970.96-0.530.450.420.150.94-0.610.99-0.48-0.46-0.760.99
0.15-0.19-0.070.150.06-0.14-0.530.130.150.120.150.220.290.150.23-0.060.171.00.180.10.12-0.450.24-0.010.13
0.7-0.190.240.710.630.15-0.620.49-0.220.81-0.19-0.420.710.61-0.740.24-0.24-0.190.63-0.750.75-0.25-0.55-0.530.76
0.45-0.070.240.420.37-0.15-0.170.520.250.440.26-0.350.290.350.01.00.21-0.070.33-0.080.410.320.03-0.470.38
1.00.150.710.420.83-0.46-0.840.840.420.980.45-0.20.970.96-0.530.420.410.150.92-0.631.0-0.49-0.47-0.751.0
0.830.060.630.370.83-0.35-0.660.570.310.820.35-0.210.840.79-0.440.370.30.060.81-0.820.84-0.37-0.6-0.640.84
-0.47-0.140.15-0.15-0.46-0.350.3-0.56-0.99-0.28-0.99-0.14-0.43-0.620.16-0.15-0.99-0.14-0.49-0.08-0.450.4-0.060.34-0.42
-0.83-0.53-0.62-0.17-0.84-0.660.3-0.73-0.24-0.84-0.270.11-0.92-0.780.41-0.17-0.25-0.53-0.780.56-0.840.70.390.5-0.86
0.840.130.490.520.840.57-0.56-0.730.530.780.54-0.120.770.77-0.30.520.520.130.7-0.310.83-0.39-0.23-0.590.82
0.440.15-0.220.250.420.31-0.99-0.240.530.231.00.110.370.58-0.080.250.990.150.450.140.4-0.30.1-0.320.37
0.980.120.810.440.980.82-0.28-0.840.780.230.26-0.280.960.9-0.560.440.220.120.9-0.70.98-0.45-0.52-0.740.98
0.460.15-0.190.260.450.35-0.99-0.270.541.00.260.110.40.61-0.10.260.990.150.470.10.43-0.320.07-0.340.4
-0.220.22-0.42-0.35-0.2-0.21-0.140.11-0.120.11-0.280.11-0.17-0.150.5-0.350.210.22-0.180.21-0.21-0.130.150.01-0.22
0.970.290.710.290.970.84-0.43-0.920.770.370.960.4-0.170.94-0.530.290.370.290.91-0.680.97-0.6-0.51-0.680.98
0.960.150.610.350.960.79-0.62-0.780.770.580.90.61-0.150.94-0.560.350.570.150.92-0.550.96-0.52-0.41-0.720.95
-0.530.23-0.740.0-0.53-0.440.160.41-0.3-0.08-0.56-0.10.5-0.53-0.560.0-0.040.23-0.60.4-0.550.360.290.38-0.57
0.45-0.060.241.00.420.37-0.15-0.170.520.250.440.26-0.350.290.350.00.22-0.060.33-0.080.410.320.03-0.470.39
0.420.17-0.240.210.410.3-0.99-0.250.520.990.220.990.210.370.57-0.040.220.170.440.140.39-0.320.1-0.330.36
0.151.0-0.19-0.070.150.06-0.14-0.530.130.150.120.150.220.290.150.23-0.060.170.180.10.12-0.450.24-0.010.13
0.940.180.630.330.920.81-0.49-0.780.70.450.90.47-0.180.910.92-0.60.330.440.18-0.540.92-0.56-0.4-0.790.92
-0.610.1-0.75-0.08-0.63-0.82-0.080.56-0.310.14-0.70.10.21-0.68-0.550.4-0.080.140.1-0.54-0.660.260.890.42-0.68
0.990.120.750.411.00.84-0.45-0.840.830.40.980.43-0.210.970.96-0.550.410.390.120.92-0.66-0.49-0.49-0.741.0
-0.48-0.45-0.250.32-0.49-0.370.40.7-0.39-0.3-0.45-0.32-0.13-0.6-0.520.360.32-0.32-0.45-0.560.26-0.490.190.23-0.52
-0.460.24-0.550.03-0.47-0.6-0.060.39-0.230.1-0.520.070.15-0.51-0.410.290.030.10.24-0.40.89-0.490.190.3-0.51
-0.76-0.01-0.53-0.47-0.75-0.640.340.5-0.59-0.32-0.74-0.340.01-0.68-0.720.38-0.47-0.33-0.01-0.790.42-0.740.230.3-0.73
0.990.130.760.381.00.84-0.42-0.860.820.370.980.4-0.220.980.95-0.570.390.360.130.92-0.681.0-0.52-0.51-0.73
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Oroco Resource Account Relationship Matchups

Oroco Resource fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets28.5M54.9M77.6M80.1M84.8M89.0M
Total Current Liabilities1.4M1.2M4.1M2.9M3.1M1.6M
Total Stockholder Equity19.9M50.3M70.2M74.4M80.7M84.7M
Property Plant And Equipment Net27.4M32.9M53.0M3.8M82.3M86.5M
Net Debt(407.2K)(20.2M)(23.0M)(1.5M)(1.3M)(1.4M)
Retained Earnings(18.2M)(20.2M)(27.7M)(32.4M)(33.9M)(32.2M)
Accounts Payable265.4K584.0K3.5M2.5M1.6M1.7M
Cash407.2K20.2M23.0M1.5M829.0K787.5K
Non Current Assets Total27.6M33.2M53.1M78.0M83.4M87.6M
Cash And Short Term Investments407.2K20.2M23.0M1.5M1.7M1.6M
Net Receivables360.1K828.4K839.5K60.3K97.4K92.5K
Common Stock Shares Outstanding113.0M173.4M194.2M208.0M243.3M255.4M
Liabilities And Stockholders Equity28.5M54.9M77.6M80.1M92.1M96.7M
Other Current Assets118.9K702.2K603.0K560.6K644.7K676.9K
Other Stockholder Equity3.1M138.7K12.6M(1.0)(0.9)(0.85)
Total Liab1.4M1.2M4.1M2.9M3.2M1.6M
Total Current Assets886.2K21.7M24.5M2.1M1.3M1.3M
Accumulated Other Comprehensive Income3.1M6.6M12.6M15.3M17.6M18.5M
Net Tangible Assets19.9M50.3M70.2M74.4M85.5M89.8M
Long Term Investments215.0K271.0K168.0K28.0K19.6K18.6K
Common Stock35.1M63.8M85.3M91.4M105.2M110.4M
Property Plant Equipment27.4M32.9M53.0M76.8M88.4M92.8M
Net Invested Capital19.9M50.3M70.2M74.4M80.7M41.8M
Net Working Capital(519.9K)20.6M20.4M(815.6K)(1.8M)(1.7M)
Property Plant And Equipment Gross27.4M33.0M53.3M77.6M83.5M50.7M
Capital Stock35.1M63.8M85.3M91.4M98.2M72.2M

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