OrganiGram Property Plant Equipment vs Net Tangible Assets Analysis

OGI Stock  USD 1.51  0.03  2.03%   
OrganiGram Holdings financial indicator trend analysis is much more than just breaking down OrganiGram Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OrganiGram Holdings is a good investment. Please check the relationship between OrganiGram Holdings Property Plant Equipment and its Net Tangible Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OrganiGram Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in OrganiGram Stock please use our How to Invest in OrganiGram Holdings guide.

Property Plant Equipment vs Net Tangible Assets

Property Plant Equipment vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OrganiGram Holdings Property Plant Equipment account and Net Tangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between OrganiGram Holdings' Property Plant Equipment and Net Tangible Assets is 0.95. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of OrganiGram Holdings, assuming nothing else is changed. The correlation between historical values of OrganiGram Holdings' Property Plant Equipment and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of OrganiGram Holdings are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Property Plant Equipment i.e., OrganiGram Holdings' Property Plant Equipment and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant Equipment

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from OrganiGram Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OrganiGram Holdings 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 OrganiGram Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in OrganiGram Stock please use our How to Invest in OrganiGram Holdings guide.The OrganiGram Holdings' current Selling General Administrative is estimated to increase to about 59.1 M, while Discontinued Operations is projected to decrease to (35.9 K).
 2023 2024 (projected)
Reconciled Depreciation28.6M16.1M
Interest Income11.8M12.4M

OrganiGram Holdings fundamental ratios Correlations

0.260.920.99-0.26-0.550.930.980.610.810.80.740.780.80.970.970.890.860.550.810.760.340.990.30.650.75
0.260.340.35-0.85-0.220.390.270.480.240.380.30.12-0.160.230.130.390.13-0.370.310.29-0.590.31-0.610.110.01
0.920.340.92-0.32-0.490.850.950.540.550.840.680.680.680.840.920.980.80.360.730.710.230.910.190.320.59
0.990.350.92-0.39-0.610.920.980.690.780.850.770.770.70.950.940.890.870.420.820.810.20.990.160.630.68
-0.26-0.85-0.32-0.390.52-0.32-0.3-0.7-0.15-0.54-0.47-0.260.3-0.21-0.14-0.35-0.30.57-0.29-0.510.79-0.370.81-0.120.09
-0.55-0.22-0.49-0.610.52-0.49-0.53-0.68-0.3-0.85-0.94-0.86-0.15-0.55-0.45-0.5-0.850.14-0.69-0.940.23-0.640.26-0.39-0.41
0.930.390.850.92-0.32-0.490.870.570.820.750.70.770.770.960.840.850.750.550.770.70.320.910.280.620.85
0.980.270.950.98-0.3-0.530.870.630.740.830.710.720.740.910.980.90.850.460.750.760.270.980.230.570.63
0.610.480.540.69-0.7-0.680.570.630.50.720.660.530.110.540.510.470.6-0.140.570.71-0.350.67-0.380.480.24
0.810.240.550.78-0.15-0.30.820.740.50.460.50.580.750.850.740.50.580.660.620.520.380.780.350.930.73
0.80.380.840.85-0.54-0.850.750.830.720.460.940.870.420.740.760.830.920.050.770.95-0.070.86-0.110.370.51
0.740.30.680.77-0.47-0.940.70.710.660.50.940.950.410.740.660.690.950.090.820.99-0.040.81-0.080.510.59
0.780.120.680.77-0.26-0.860.770.720.530.580.870.950.60.820.70.690.940.330.80.930.220.820.180.560.78
0.8-0.160.680.70.3-0.150.770.740.110.750.420.410.60.830.830.660.60.910.550.40.810.720.780.570.84
0.970.230.840.95-0.21-0.550.960.910.540.850.740.740.820.830.90.830.840.620.840.750.40.950.360.720.86
0.970.130.920.94-0.14-0.450.840.980.510.740.760.660.70.830.90.870.830.570.70.690.40.950.370.570.64
0.890.390.980.89-0.35-0.50.850.90.470.50.830.690.690.660.830.870.780.330.740.70.20.880.160.260.6
0.860.130.80.87-0.3-0.850.750.850.60.580.920.950.940.60.840.830.780.290.830.960.160.910.120.560.64
0.55-0.370.360.420.570.140.550.46-0.140.660.050.090.330.910.620.570.330.290.320.070.930.430.920.540.76
0.810.310.730.82-0.29-0.690.770.750.570.620.770.820.80.550.840.70.740.830.320.780.180.820.140.580.67
0.760.290.710.81-0.51-0.940.70.760.710.520.950.990.930.40.750.690.70.960.070.78-0.080.84-0.120.520.55
0.34-0.590.230.20.790.230.320.27-0.350.38-0.07-0.040.220.810.40.40.20.160.930.18-0.080.211.00.280.63
0.990.310.910.99-0.37-0.640.910.980.670.780.860.810.820.720.950.950.880.910.430.820.840.210.170.650.69
0.3-0.610.190.160.810.260.280.23-0.380.35-0.11-0.080.180.780.360.370.160.120.920.14-0.121.00.170.250.6
0.650.110.320.63-0.12-0.390.620.570.480.930.370.510.560.570.720.570.260.560.540.580.520.280.650.250.62
0.750.010.590.680.09-0.410.850.630.240.730.510.590.780.840.860.640.60.640.760.670.550.630.690.60.62
Click cells to compare fundamentals

OrganiGram Holdings Account Relationship Matchups

OrganiGram Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets417.6M554.0M577.1M298.5M343.2M251.2M
Other Current Liab(11.6M)6.3M12.0M2.3M2.6M2.1M
Total Current Liabilities29.1M26.3M55.3M22.4M25.8M18.3M
Total Stockholder Equity299.5M479.8M508.1M271.6M312.4M202.3M
Net Debt79.1M(50.4M)(65.2M)(30.2M)(27.1M)(25.8M)
Retained Earnings(144.9M)(275.6M)(289.9M)(538.5M)(484.7M)(460.4M)
Cash24.6M55.4M68.5M33.9M38.9M27.4M
Non Current Assets Total247.4M293.4M355.5M142.5M163.9M144.2M
Non Currrent Assets Other8.0M31.1M32.4M19.1M22.0M12.7M
Cash And Short Term Investments74.7M183.8M98.9M33.9M38.9M58.5M
Net Receivables17.0M21.0M43.9M27.5M31.6M33.2M
Common Stock Shares Outstanding43.2M64.0M77.2M81.3M93.5M98.2M
Liabilities And Stockholders Equity417.6M554.0M577.1M298.5M343.2M251.2M
Other Stockholder Equity23.7M24.7M28.3M33.2M38.2M40.1M
Total Liab118.1M74.2M69.0M26.8M30.9M48.9M
Total Current Assets170.2M260.6M221.6M156.0M179.4M119.0M
Property Plant And Equipment Net247.4M235.9M259.8M99.0M113.9M135.1M
Accounts Payable17.5M19.0M40.9M20.0M23.0M15.8M
Non Current Liabilities Total89.0M47.9M13.8M4.4M5.1M4.8M
Accumulated Other Comprehensive Income23.8M24.6M28.3M33.2M38.2M40.1M
Common Stock420.7M730.8M769.7M776.9M893.4M938.1M
Short Long Term Debt Total103.7M5.0M3.4M3.7M3.3M3.2M
Other Liab231K43.1M11.4M771K886.7K842.3K
Net Tangible Assets297.8M462.8M451.8M261.0M300.1M258.4M
Other Assets8.7M35.4M33.1M1.01.151.09
Long Term Debt46.1M103.7M230K155K178.3K169.3K
Short Term Investments380K50.1M128.5M30.4M35.0M46.6M
Inventory71.8M48.8M68.3M81.0M93.1M56.5M
Other Current Assets6.7M7.0M10.6M13.7M15.8M10.0M
Deferred Long Term Liab698K7K30K391K449.7K354.3K
Long Term Investments11.1M7.0M6.1M7.1M8.1M4.3M
Short Long Term Debt421K3.5M11.6M80K92K87.4K
Short Term Debt11.6M1.1M996K76K87.4K83.0K
Intangible Assets1.8M2.7M14.3M10.6M12.2M12.8M

Currently Active Assets on Macroaxis

When determining whether OrganiGram Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OrganiGram Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Organigram Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Organigram Holdings Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OrganiGram Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in OrganiGram Stock please use our How to Invest in OrganiGram Holdings guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OrganiGram Holdings. If investors know OrganiGram will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OrganiGram Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.83)
Revenue Per Share
1.835
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.06)
Return On Equity
(0.55)
The market value of OrganiGram Holdings is measured differently than its book value, which is the value of OrganiGram that is recorded on the company's balance sheet. Investors also form their own opinion of OrganiGram Holdings' value that differs from its market value or its book value, called intrinsic value, which is OrganiGram Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OrganiGram Holdings' market value can be influenced by many factors that don't directly affect OrganiGram Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OrganiGram Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if OrganiGram Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OrganiGram Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.