Opus Common Stock vs Total Liab Analysis

OOR Stock  CAD 0.05  0.00  0.00%   
Opus One financial indicator trend analysis is much more than just breaking down Opus One Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Opus One Resources is a good investment. Please check the relationship between Opus One Common Stock and its Total Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Opus One Resources. 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.

Common Stock vs Total Liab

Common Stock vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Opus One Resources Common Stock account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Opus One's Common Stock and Total Liab is 0.91. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Liab in the same time period over historical financial statements of Opus One Resources, assuming nothing else is changed. The correlation between historical values of Opus One's Common Stock and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Opus One Resources are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Common Stock i.e., Opus One's Common Stock and Total Liab go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Opus One's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Opus One Resources 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 Opus One Resources. 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.
Selling General Administrative is likely to climb to about 416.2 K in 2024. Issuance Of Capital Stock is likely to climb to about 605.3 K in 2024

Opus One fundamental ratios Correlations

0.810.320.960.95-0.140.030.60.00.330.330.550.320.47-0.020.680.380.140.520.160.140.50.190.23-0.02-0.02
0.810.660.650.68-0.440.40.49-0.450.580.670.350.520.51-0.030.650.470.370.25-0.050.330.28-0.020.01-0.03-0.03
0.320.660.030.36-0.840.650.04-0.720.941.0-0.140.910.75-0.270.490.650.9-0.42-0.510.83-0.27-0.64-0.67-0.27-0.27
0.960.650.030.890.11-0.170.630.230.060.040.620.050.260.060.560.2-0.140.680.33-0.110.610.40.450.060.06
0.950.680.360.89-0.18-0.10.570.060.40.370.520.410.55-0.10.620.440.280.370.090.280.330.040.05-0.1-0.1
-0.14-0.44-0.840.11-0.18-0.590.370.72-0.86-0.840.53-0.88-0.790.47-0.6-0.74-0.840.620.82-0.810.230.810.790.470.47
0.030.40.65-0.17-0.1-0.59-0.18-0.630.550.65-0.310.510.35-0.160.320.340.44-0.2-0.30.42-0.07-0.36-0.35-0.16-0.16
0.60.490.040.630.570.37-0.180.24-0.110.040.97-0.2-0.240.27-0.15-0.28-0.160.650.75-0.20.110.430.420.270.27
0.0-0.45-0.720.230.060.72-0.630.24-0.7-0.720.45-0.65-0.530.23-0.37-0.38-0.640.420.54-0.60.10.460.470.230.23
0.330.580.940.060.4-0.860.55-0.11-0.70.95-0.270.940.87-0.260.630.660.94-0.4-0.620.87-0.08-0.64-0.68-0.26-0.26
0.330.671.00.040.37-0.840.650.04-0.720.95-0.140.910.76-0.270.510.650.9-0.41-0.510.83-0.25-0.64-0.67-0.27-0.27
0.550.35-0.140.620.520.53-0.310.970.45-0.27-0.14-0.35-0.350.35-0.22-0.36-0.320.710.83-0.350.160.540.530.350.35
0.320.520.910.050.41-0.880.51-0.2-0.650.940.91-0.350.91-0.430.660.830.91-0.53-0.710.9-0.21-0.7-0.73-0.43-0.43
0.470.510.750.260.55-0.790.35-0.24-0.530.870.76-0.350.91-0.240.840.840.77-0.35-0.690.730.11-0.5-0.52-0.24-0.24
-0.02-0.03-0.270.06-0.10.47-0.160.270.23-0.26-0.270.35-0.43-0.24-0.2-0.35-0.410.420.47-0.630.390.710.621.01.0
0.680.650.490.560.62-0.60.32-0.15-0.370.630.51-0.220.660.84-0.20.750.410.04-0.50.420.51-0.16-0.13-0.2-0.2
0.380.470.650.20.44-0.740.34-0.28-0.380.660.65-0.360.830.84-0.350.750.57-0.44-0.670.59-0.13-0.48-0.48-0.35-0.35
0.140.370.9-0.140.28-0.840.44-0.16-0.640.940.9-0.320.910.77-0.410.410.57-0.58-0.650.95-0.34-0.81-0.86-0.41-0.41
0.520.25-0.420.680.370.62-0.20.650.42-0.4-0.410.71-0.53-0.350.420.04-0.44-0.580.81-0.590.70.810.840.420.42
0.16-0.05-0.510.330.090.82-0.30.750.54-0.62-0.510.83-0.71-0.690.47-0.5-0.67-0.650.81-0.660.220.760.750.470.47
0.140.330.83-0.110.28-0.810.42-0.2-0.60.870.83-0.350.90.73-0.630.420.590.95-0.59-0.66-0.38-0.85-0.87-0.63-0.63
0.50.28-0.270.610.330.23-0.070.110.1-0.08-0.250.16-0.210.110.390.51-0.13-0.340.70.22-0.380.610.650.390.39
0.19-0.02-0.640.40.040.81-0.360.430.46-0.64-0.640.54-0.7-0.50.71-0.16-0.48-0.810.810.76-0.850.610.990.710.71
0.230.01-0.670.450.050.79-0.350.420.47-0.68-0.670.53-0.73-0.520.62-0.13-0.48-0.860.840.75-0.870.650.990.620.62
-0.02-0.03-0.270.06-0.10.47-0.160.270.23-0.26-0.270.35-0.43-0.241.0-0.2-0.35-0.410.420.47-0.630.390.710.621.0
-0.02-0.03-0.270.06-0.10.47-0.160.270.23-0.26-0.270.35-0.43-0.241.0-0.2-0.35-0.410.420.47-0.630.390.710.621.0
Click cells to compare fundamentals

Opus One Account Relationship Matchups

Opus One fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.5M4.0M2.8M1.8M2.1M3.0M
Other Current Liab604.8K262.5K327.1K84.2K96.9K191.7K
Total Current Liabilities744.6K359.4K620.4K626.3K720.3K367.0K
Total Stockholder Equity3.8M3.7M2.2M1.2M1.4M2.6M
Net Tangible Assets1.8M3.8M3.7M2.2M2.5M2.7M
Retained Earnings(16.6M)(16.8M)(18.5M)(20.0M)(18.0M)(18.9M)
Accounts Payable117.8K48.3K182.3K85.7K98.5K91.3K
Cash2.2M437.0K33.5K164.6K148.1K140.7K
Net Receivables95.5K122.7K192.4K146.6K132.0K205.8K
Total Liab744.6K381.7K620.4K626.3K720.3K369.4K
Total Current Assets2.3M634.7K185.8K254.8K229.3K217.8K
Common Stock17.2M19.2M19.3M19.5M22.4M18.8M
Property Plant Equipment1.9M2.3M3.4M2.6M3.0M2.2M
Non Current Assets Total2.3M3.4M2.6M1.6M1.8M2.4M
Common Stock Shares Outstanding117.1M118.9M122.6M157.7M181.3M111.2M
Net Invested Capital3.8M3.7M2.2M1.2M1.1M2.1M
Net Working Capital1.5M275.3K(434.6K)(371.5K)(334.4K)(317.7K)
Capital Stock19.2M19.3M19.5M20.0M23.0M20.6M

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 Opus Stock Analysis

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