Orla Historical Financial Ratios
| OLA Stock | CAD 6.29 0.17 2.78% |
Orla Mining is promptly reporting on over 93 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Days Sales Outstanding of 23.67 will help investors to properly organize and evaluate Orla Mining financial condition quickly.
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About Orla Financial Ratios Analysis
Orla MiningFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Orla Mining investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Orla financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Orla Mining history.
Orla Mining Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Orla Mining stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Orla Mining sales, a figure that is much harder to manipulate than other Orla Mining multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Payout Ratio
Payout Ratio is the proportion of Orla Mining earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Orla Mining dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Orla Mining is paying out more in dividends than it makes in net income.Most ratios from Orla Mining's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Orla Mining current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Orla 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 board of governors. To learn how to invest in Orla Stock, please use our How to Invest in Orla Mining guide.At this time, Orla Mining's ROIC is very stable compared to the past year. As of the 27th of November 2024, Payables Turnover is likely to grow to 16.85, while PTB Ratio is likely to drop 2.41.
| 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 17.05 | 24.92 | 23.67 | PTB Ratio | 2.91 | 2.53 | 2.41 |
Orla Mining fundamentals Correlations
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Orla Mining Account Relationship Matchups
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Orla Mining fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Ptb Ratio | 2.93 | 7.28 | 4.95 | 2.91 | 2.53 | 2.41 | |
| Book Value Per Share | 1.07 | 0.74 | 0.68 | 0.77 | 1.39 | 1.29 | |
| Free Cash Flow Yield | (0.0542) | (0.0423) | (0.13) | 0.0669 | 0.0438 | 0.046 | |
| Capex To Depreciation | 0.19 | 295.29 | 624.94 | 1.18 | 0.72 | 0.68 | |
| Pb Ratio | 2.93 | 7.28 | 4.95 | 2.91 | 2.53 | 2.41 | |
| Roic | (0.15) | (0.11) | (0.0669) | 0.11 | 0.0979 | 0.1 | |
| Net Income Per Share | (0.12) | (0.13) | (0.15) | 0.16 | (0.0867) | (0.091) | |
| Days Of Inventory On Hand | (650.77) | (1.6K) | 2.6K | 125.33 | 116.7 | 62.18 | |
| Payables Turnover | 0.16 | 0.041 | 0.23 | 9.75 | 16.05 | 16.85 | |
| Cash Per Share | 0.13 | 0.33 | 0.0859 | 0.34 | 0.31 | 0.26 | |
| Pocfratio | (18.47) | (64.48) | (36.87) | 12.13 | 15.54 | 16.31 | |
| Interest Coverage | (16.25) | (5.27) | (15.5) | 11.57 | 10.41 | 10.93 | |
| Capex To Operating Cash Flow | (7.74E-4) | (1.73) | (3.89) | 0.19 | 0.32 | 0.34 | |
| Pfcf Ratio | (18.45) | (23.65) | (7.54) | 14.95 | 22.83 | 23.97 | |
| Days Payables Outstanding | 2.3K | 8.9K | 1.6K | 37.45 | 22.74 | 21.6 | |
| Income Quality | 0.88 | 0.65 | 0.94 | 2.08 | (2.42) | (2.3) | |
| Roe | (0.19) | (0.2) | (0.15) | 0.12 | (0.0674) | (0.0708) | |
| Ev To Operating Cash Flow | (18.45) | (64.38) | (42.62) | 12.69 | 15.45 | 16.23 | |
| Pe Ratio | (15.34) | (35.51) | (32.95) | 25.27 | (37.56) | (39.44) | |
| Ev To Free Cash Flow | (18.43) | (23.61) | (8.72) | 15.64 | 22.71 | 23.84 | |
| Current Ratio | 9.77 | 9.46 | 1.28 | 1.36 | 5.07 | 4.81 | |
| Tangible Book Value Per Share | 1.07 | 0.74 | 0.68 | 0.77 | 1.39 | 1.29 | |
| Graham Number | 1.41 | 1.59 | 1.42 | 2.24 | 1.58 | 0.98 | |
| Shareholders Equity Per Share | 1.07 | 0.74 | 0.68 | 0.77 | 1.39 | 1.29 | |
| Debt To Equity | 0.18 | 0.48 | 0.87 | 0.31 | 0.22 | 0.28 | |
| Capex Per Share | 8.4E-5 | 0.14 | 0.4 | 0.0628 | 0.0669 | 0.0602 | |
| Graham Net Net | (0.0152) | (0.0307) | (0.6) | (0.36) | (0.0383) | (0.0363) |
Pair Trading with Orla Mining
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Orla Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Orla Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with Orla Stock
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| 0.79 | IE | Ivanhoe Energy | PairCorr |
| 0.69 | FDY | Faraday Copper Corp | PairCorr |
The ability to find closely correlated positions to Orla Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Orla Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Orla Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Orla Mining to buy it.
The correlation of Orla Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Orla Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Orla Mining moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Orla Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orla 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 board of governors. To learn how to invest in Orla Stock, please use our How to Invest in Orla Mining guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.