Osisko Gross Profit vs Income Before Tax Analysis

ODVWZ Stock   0.13  0.00  0.00%   
Osisko Development financial indicator trend analysis is much more than just breaking down Osisko Development Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Osisko Development Corp is a good investment. Please check the relationship between Osisko Development Gross Profit and its Income Before Tax accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Osisko Development 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 housing.

Gross Profit vs Income Before Tax

Gross Profit vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Osisko Development Corp Gross Profit account and Income Before Tax. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Osisko Development's Gross Profit and Income Before Tax is -0.25. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Osisko Development Corp, assuming nothing else is changed. The correlation between historical values of Osisko Development's Gross Profit and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Osisko Development Corp are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Gross Profit i.e., Osisko Development's Gross Profit and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.25
Relationship DirectionNegative 
Relationship StrengthInsignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Osisko Development Corp minus its cost of goods sold. It is profit before Osisko Development operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Osisko Development income statement and is an important metric when analyzing Osisko Development Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Osisko Development's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Osisko Development 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 Osisko Development 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 housing.
At this time, Osisko Development's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 1.66 in 2025, despite the fact that Tax Provision is likely to grow to (19.3 M).

Osisko Development fundamental ratios Correlations

0.990.990.960.960.730.980.750.930.870.960.99-0.180.960.830.610.870.49-0.40.80.65-0.79-0.030.62-0.830.77
0.990.980.960.920.680.980.790.910.860.950.98-0.210.970.790.550.90.41-0.370.860.65-0.85-0.130.64-0.860.84
0.990.980.920.960.790.950.680.870.870.911.0-0.060.920.880.680.810.43-0.350.760.57-0.75-0.020.58-0.790.71
0.960.960.920.90.510.990.850.980.840.990.93-0.441.00.640.380.970.52-0.430.890.73-0.89-0.070.68-0.920.87
0.960.920.960.90.770.920.580.880.910.90.96-0.070.890.860.680.780.45-0.280.690.49-0.670.230.47-0.790.6
0.730.680.790.510.770.580.220.480.610.540.780.50.510.980.980.30.25-0.160.240.2-0.220.180.18-0.30.19
0.980.980.950.990.920.580.830.970.860.990.96-0.350.990.710.450.950.5-0.420.880.71-0.87-0.080.68-0.90.86
0.750.790.680.850.580.220.830.870.460.860.7-0.670.870.350.090.910.64-0.680.810.95-0.82-0.490.85-0.710.92
0.930.910.870.980.880.480.970.870.760.990.89-0.50.970.60.360.950.63-0.520.820.79-0.82-0.030.69-0.860.82
0.870.860.870.840.910.610.860.460.760.80.87-0.060.840.710.510.750.090.050.770.25-0.760.280.29-0.890.64
0.960.950.910.990.90.540.990.860.990.80.92-0.440.990.660.420.950.59-0.490.850.77-0.84-0.060.69-0.870.84
0.990.981.00.930.960.780.960.70.890.870.92-0.090.930.870.660.820.44-0.360.770.6-0.76-0.030.59-0.80.73
-0.18-0.21-0.06-0.44-0.070.5-0.35-0.67-0.5-0.06-0.44-0.09-0.430.370.6-0.62-0.470.5-0.53-0.650.540.3-0.580.47-0.6
0.960.970.921.00.890.510.990.870.970.840.990.93-0.430.640.370.970.49-0.420.910.73-0.91-0.120.69-0.920.9
0.830.790.880.640.860.980.710.350.60.710.660.870.370.640.920.450.33-0.240.40.31-0.370.130.33-0.450.34
0.610.550.680.380.680.980.450.090.360.510.420.660.60.370.920.160.19-0.050.070.1-0.060.270.01-0.160.04
0.870.90.810.970.780.30.950.910.950.750.950.82-0.620.970.450.160.49-0.460.940.78-0.94-0.20.74-0.930.94
0.490.410.430.520.450.250.50.640.630.090.590.44-0.470.490.330.190.49-0.870.240.82-0.21-0.140.69-0.220.33
-0.4-0.37-0.35-0.43-0.28-0.16-0.42-0.68-0.520.05-0.49-0.360.5-0.42-0.24-0.05-0.46-0.87-0.31-0.850.270.49-0.860.16-0.4
0.80.860.760.890.690.240.880.810.820.770.850.77-0.530.910.40.070.940.24-0.310.61-0.99-0.280.71-0.950.96
0.650.650.570.730.490.20.710.950.790.250.770.6-0.650.730.310.10.780.82-0.850.61-0.61-0.510.87-0.50.75
-0.79-0.85-0.75-0.89-0.67-0.22-0.87-0.82-0.82-0.76-0.84-0.760.54-0.91-0.37-0.06-0.94-0.210.27-0.99-0.610.3-0.670.95-0.97
-0.03-0.13-0.02-0.070.230.18-0.08-0.49-0.030.28-0.06-0.030.3-0.120.130.27-0.2-0.140.49-0.28-0.510.3-0.6-0.01-0.46
0.620.640.580.680.470.180.680.850.690.290.690.59-0.580.690.330.010.740.69-0.860.710.87-0.67-0.6-0.540.75
-0.83-0.86-0.79-0.92-0.79-0.3-0.9-0.71-0.86-0.89-0.87-0.80.47-0.92-0.45-0.16-0.93-0.220.16-0.95-0.50.95-0.01-0.54-0.87
0.770.840.710.870.60.190.860.920.820.640.840.73-0.60.90.340.040.940.33-0.40.960.75-0.97-0.460.75-0.87
Click cells to compare fundamentals

Osisko Development Account Relationship Matchups

Osisko Development fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets802.1M703.1M968.2M763.9M878.5M799.6M
Total Current Liabilities42.8M41.9M51.0M45.8M52.6M42.7M
Total Stockholder Equity699.6M584.2M730.4M585.2M673.0M650.0M
Property Plant And Equipment Net448.9M563.0M747.3M619.1M712.0M593.8M
Retained Earnings(2.6M)(143.4M)(323.9M)(510.9M)(459.8M)(436.8M)
Accounts Payable13.6M11.8M18.1M10.6M12.2M13.3M
Cash197.4M33.4M105.9M43.5M39.1M62.1M
Non Current Assets Total583.7M641.7M826.9M696.2M800.6M688.0M
Common Stock Shares Outstanding37.9M44.0M63.8M82.5M94.8M58.5M
Non Current Liabilities Total59.7M77.1M186.7M132.9M152.8M107.0M
Capital Lease Obligations2.0M9.9M2.2M1.7M1.9M3.5M
Inventory10.0M18.6M17.6M7.2M8.3M12.1M
Total Liab102.6M118.9M237.8M178.7M205.5M149.6M
Net Invested Capital699.6M588.0M747.4M602.1M692.4M658.2M
Long Term Investments110.1M62.5M42.7M32.4M29.2M49.0M
Property Plant And Equipment Gross511.6M672.7M870.9M758.4M872.1M689.6M
Total Current Assets218.5M61.4M141.3M67.7M77.9M111.6M
Capital Stock613.1M714.4M1.0B1.1B1.2B756.9M
Net Working Capital175.6M19.6M90.2M21.9M19.7M18.7M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Osisko Stock Analysis

When running Osisko Development's price analysis, check to measure Osisko Development'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 Osisko Development is operating at the current time. Most of Osisko Development's value examination focuses on studying past and present price action to predict the probability of Osisko Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Osisko Development's price. Additionally, you may evaluate how the addition of Osisko Development to your portfolios can decrease your overall portfolio volatility.