OIII Non Current Liabilities Total vs Property Plant And Equipment Net Analysis

OIII Stock  CAD 1.07  0.03  2.88%   
O3 Mining financial indicator trend analysis is much more than just breaking down O3 Mining prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether O3 Mining is a good investment. Please check the relationship between O3 Mining Non Current Liabilities Total and its Property Plant And Equipment Net accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in O3 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 gross domestic product.

Non Current Liabilities Total vs Property Plant And Equipment Net

Non Current Liabilities Total vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of O3 Mining Non Current Liabilities Total account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have no relationship.
The correlation between O3 Mining's Non Current Liabilities Total and Property Plant And Equipment Net is 0.09. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of O3 Mining, assuming nothing else is changed. The correlation between historical values of O3 Mining's Non Current Liabilities Total and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of O3 Mining are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Current Liabilities Total i.e., O3 Mining's Non Current Liabilities Total and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.09
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Current Liabilities Total

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from O3 Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into O3 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 O3 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 gross domestic product.
At this time, O3 Mining's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 24.7 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (14.56) in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses7.2M7.9M7.4M7.8M
Cost Of Revenue389K93K120K114K

O3 Mining fundamental ratios Correlations

0.740.991.00.52-0.220.990.990.740.70.990.860.890.890.81-0.860.930.380.90.740.26-0.580.771.00.940.95
0.740.680.730.28-0.310.670.740.60.250.770.720.690.740.6-0.620.710.760.670.660.24-0.570.30.740.750.71
0.990.680.980.5-0.240.990.970.70.690.970.840.860.880.85-0.880.950.340.930.740.33-0.580.780.990.910.93
1.00.730.980.58-0.150.980.980.690.750.970.810.850.840.84-0.890.950.390.920.680.29-0.510.751.00.910.95
0.520.280.50.580.480.470.480.070.80.470.090.270.140.59-0.670.570.280.6-0.090.30.230.370.530.310.54
-0.22-0.31-0.24-0.150.48-0.24-0.24-0.520.26-0.21-0.57-0.38-0.55-0.07-0.02-0.15-0.19-0.1-0.7-0.020.76-0.02-0.23-0.31-0.14
0.990.670.990.980.47-0.240.990.750.670.980.880.890.90.76-0.820.910.260.870.770.19-0.620.810.980.940.94
0.990.740.970.980.48-0.240.990.790.670.980.890.920.910.73-0.790.880.310.840.780.14-0.620.790.990.960.95
0.740.60.70.690.07-0.520.750.790.290.780.910.950.90.33-0.340.510.130.440.89-0.11-0.790.740.720.890.72
0.70.250.690.750.80.260.670.670.290.610.280.470.330.67-0.750.680.160.710.10.250.050.550.720.470.65
0.990.770.970.970.47-0.210.980.980.780.610.880.920.910.78-0.830.910.380.870.780.27-0.610.810.970.970.95
0.860.720.840.810.09-0.570.880.890.910.280.880.941.00.52-0.540.710.240.630.980.03-0.870.720.840.950.81
0.890.690.860.850.27-0.380.890.920.950.470.920.940.940.54-0.580.710.220.650.870.04-0.730.820.870.970.86
0.890.740.880.840.14-0.550.90.910.90.330.911.00.940.56-0.590.750.260.680.970.07-0.850.730.870.960.84
0.810.60.850.840.59-0.070.760.730.330.670.780.520.540.56-0.980.960.620.980.40.76-0.260.510.830.620.74
-0.86-0.62-0.88-0.89-0.67-0.02-0.82-0.79-0.34-0.75-0.83-0.54-0.58-0.59-0.98-0.98-0.56-0.99-0.4-0.640.23-0.56-0.88-0.67-0.81
0.930.710.950.950.57-0.150.910.880.510.680.910.710.710.750.96-0.980.540.990.590.56-0.430.630.940.790.87
0.380.760.340.390.28-0.190.260.310.130.160.380.240.220.260.62-0.560.540.560.190.64-0.13-0.140.40.260.35
0.90.670.930.920.6-0.10.870.840.440.710.870.630.650.680.98-0.990.990.560.510.61-0.360.590.920.730.84
0.740.660.740.68-0.09-0.70.770.780.890.10.780.980.870.970.4-0.40.590.190.51-0.02-0.930.610.720.870.69
0.260.240.330.290.3-0.020.190.14-0.110.250.270.030.040.070.76-0.640.560.640.61-0.020.080.080.290.080.22
-0.58-0.57-0.58-0.510.230.76-0.62-0.62-0.790.05-0.61-0.87-0.73-0.85-0.260.23-0.43-0.13-0.36-0.930.08-0.43-0.57-0.72-0.44
0.770.30.780.750.37-0.020.810.790.740.550.810.720.820.730.51-0.560.63-0.140.590.610.08-0.430.740.830.79
1.00.740.991.00.53-0.230.980.990.720.720.970.840.870.870.83-0.880.940.40.920.720.29-0.570.740.920.94
0.940.750.910.910.31-0.310.940.960.890.470.970.950.970.960.62-0.670.790.260.730.870.08-0.720.830.920.91
0.950.710.930.950.54-0.140.940.950.720.650.950.810.860.840.74-0.810.870.350.840.690.22-0.440.790.940.91
Click cells to compare fundamentals

O3 Mining Account Relationship Matchups

O3 Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets168.0M211.1M262.0M269.5M287.4M301.8M
Total Current Liabilities3.3M4.7M5.0M4.5M5.5M5.8M
Total Stockholder Equity159.6M194.7M237.6M241.3M228.2M239.7M
Retained Earnings(9.1M)(5.9M)14.6M7.5M(26.6M)(25.2M)
Accounts Payable2.8M3.0M4.5M4.2M5.0M5.2M
Non Current Assets Total137.4M130.4M220.3M238.9M255.7M268.5M
Net Receivables3.6M2.1M2.3M3.7M878K718.2K
Common Stock Shares Outstanding21.6M54.1M67.0M70.7M75.3M79.1M
Liabilities And Stockholders Equity168.0M211.1M262.0M269.5M287.4M301.8M
Non Current Liabilities Total5.1M11.6M19.4M23.7M53.7M56.3M
Other Stockholder Equity4.5M6.8M8.9M19.6M20.1M21.1M
Total Liab8.4M16.3M24.4M28.2M59.2M62.1M
Total Current Assets30.7M80.6M41.7M30.6M31.7M33.3M
Net Debt(16.5M)(33.2M)(25.6M)(16.9M)(15.7M)(14.9M)
Cash16.7M34.3M27.2M18.7M23.5M24.6M
Cash And Short Term Investments26.9M53.3M39.1M26.5M30.4M31.9M
Other Current Assets213K25.3M343K405K517K491.2K
Common Stock158.3M184.2M204.7M214.2M231.8M243.4M
Other Liab5.0M10.7M18.1M22.2M25.5M26.8M
Net Tangible Assets159.6M194.7M237.6M241.3M277.5M194.8M
Net Invested Capital159.6M194.7M237.6M241.3M234.5M167.8M
Net Working Capital27.4M75.9M36.8M26.1M26.2M30.2M
Property Plant Equipment136.9M129.8M169.5M188.0M216.2M152.4M
Capital Stock158.3M184.2M204.7M214.2M231.8M182.6M

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 OIII Stock Analysis

When running O3 Mining's price analysis, check to measure O3 Mining'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 O3 Mining is operating at the current time. Most of O3 Mining's value examination focuses on studying past and present price action to predict the probability of O3 Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move O3 Mining's price. Additionally, you may evaluate how the addition of O3 Mining to your portfolios can decrease your overall portfolio volatility.