Orissa Net Income vs Total Operating Expenses Analysis

ORISSAMINE

7,643 91.65 1.21%

Orissa Minerals financial indicator trend analysis is much more than just breaking down Orissa Minerals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orissa Minerals is a good investment. Please check the relationship between Orissa Minerals Net Income and its Total Operating Expenses accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in The Orissa Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Net Income vs Total Operating Expenses

Net Income vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orissa Minerals Net Income account and Total Operating Expenses. At this time, the significance of the direction appears to have pay attention.

The correlation between Orissa Minerals' Net Income and Total Operating Expenses is -0.92. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of The Orissa Minerals, assuming nothing else is changed. The correlation between historical values of Orissa Minerals' Net Income and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of The Orissa Minerals are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Net Income i.e., Orissa Minerals' Net Income and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.92

Relationship Direction	Negative
Relationship Strength	Significant

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Orissa Minerals financial statement analysis. It represents the amount of money remaining after all of The Orissa Minerals operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Most indicators from Orissa Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orissa Minerals 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 The Orissa Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

As of the 26th of November 2024, Selling General Administrative is likely to drop to about 28.5 M. In addition to that, Tax Provision is likely to drop to about (85.3 M)

Orissa Minerals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Accounts Payable	Short Long Term Debt Total	Non Current Liabilities Total	Intangible Assets	Retained Earnings	Short Term Investments	Other Liab	Net Tangible Assets
Total Assets		-0.19	-0.45	0.92	0.45	-0.94	0.94	-0.86	-0.44	0.95	0.26	0.09	0.04	-0.2	0.63	-0.65	0.95	0.29	0.12	-0.6	-0.39	0.81	0.81	0.32	0.65	0.92
Other Current Liab	-0.19		0.47	-0.35	-0.19	0.27	-0.41	0.13	0.67	-0.36	0.49	-0.29	-0.4	0.39	-0.15	0.4	-0.26	-0.39	0.55	-0.3	-0.15	-0.07	-0.2	-0.21	-0.01	-0.22
Total Current Liabilities	-0.45	0.47		-0.68	0.14	0.58	-0.61	0.56	0.57	-0.56	0.14	-0.07	-0.13	0.36	-0.18	0.9	-0.48	-0.13	0.29	0.31	-0.25	-0.63	-0.71	-0.42	-0.58	-0.6
Total Stockholder Equity	0.92	-0.35	-0.68		0.27	-0.96	0.98	-0.83	-0.6	0.97	0.17	0.3	0.03	-0.27	0.65	-0.84	0.95	0.41	0.01	-0.55	-0.31	0.87	0.9	0.42	0.76	0.97
Property Plant And Equipment Net	0.45	-0.19	0.14	0.27		-0.27	0.33	-0.24	-0.12	0.34	0.07	0.06	0.27	0.02	0.16	0.06	0.4	0.24	0.06	-0.01	-0.18	0.27	0.03	-0.08	0.26	0.27
Net Debt	-0.94	0.27	0.58	-0.96	-0.27		-0.98	0.87	0.49	-0.96	-0.21	-0.19	0.02	0.29	-0.61	0.79	-0.94	-0.26	-0.06	0.7	0.42	-0.85	-0.91	-0.36	-0.7	-0.95
Cash	0.94	-0.41	-0.61	0.98	0.33	-0.98		-0.85	-0.62	0.99	0.18	0.29	0.02	-0.25	0.64	-0.77	0.97	0.41	0.02	-0.56	-0.31	0.82	0.88	0.39	0.68	0.96
Non Current Assets Total	-0.86	0.13	0.56	-0.83	-0.24	0.87	-0.85		0.57	-0.8	-0.5	0.03	0.27	-0.06	-0.5	0.71	-0.85	-0.12	-0.37	0.63	0.28	-0.89	-0.89	-0.34	-0.75	-0.89
Non Currrent Assets Other	-0.44	0.67	0.57	-0.6	-0.12	0.49	-0.62	0.57		-0.56	-0.22	-0.48	0.27	-0.2	-0.43	0.53	-0.6	-0.64	-0.12	-0.07	-0.16	-0.53	-0.55	-0.29	-0.45	-0.61
Cash And Short Term Investments	0.95	-0.36	-0.56	0.97	0.34	-0.96	0.99	-0.8	-0.56		0.15	0.33	0.08	-0.27	0.64	-0.72	0.97	0.46	0.01	-0.55	-0.31	0.78	0.86	0.41	0.65	0.95
Net Receivables	0.26	0.49	0.14	0.17	0.07	-0.21	0.18	-0.5	-0.22	0.15		0.12	-0.73	0.82	0.22	0.06	0.35	0.17	0.98	-0.25	-0.14	0.47	0.33	-0.16	0.47	0.39
Common Stock Shares Outstanding	0.09	-0.29	-0.07	0.3	0.06	-0.19	0.29	0.03	-0.48	0.33	0.12		-0.11	0.19	0.32	-0.06	0.37	0.89	0.09	0.19	0.11	0.12	0.18	0.15	0.22	0.31
Inventory	0.04	-0.4	-0.13	0.03	0.27	0.02	0.02	0.27	0.27	0.08	-0.73	-0.11		-0.7	-0.21	-0.07	-0.07	-0.07	-0.73	0.18	0.09	-0.25	-0.12	0.1	-0.16	-0.14
Other Current Assets	-0.2	0.39	0.36	-0.27	0.02	0.29	-0.25	-0.06	-0.2	-0.27	0.82	0.19	-0.7		-0.04	0.44	-0.07	0.26	0.88	0.26	0.23	0.03	-0.13	-0.26	0.11	-0.06
Other Stockholder Equity	0.63	-0.15	-0.18	0.65	0.16	-0.61	0.64	-0.5	-0.43	0.64	0.22	0.32	-0.21	-0.04		-0.44	0.67	0.44	0.12	-0.25	-0.55	0.54	0.57	0.23	0.49	0.65
Total Liab	-0.65	0.4	0.9	-0.84	0.06	0.79	-0.77	0.71	0.53	-0.72	0.06	-0.06	-0.07	0.44	-0.44		-0.65	-0.1	0.22	0.5	0.19	-0.79	-0.84	-0.43	-0.71	-0.77
Total Current Assets	0.95	-0.26	-0.48	0.95	0.4	-0.94	0.97	-0.85	-0.6	0.97	0.35	0.37	-0.07	-0.07	0.67	-0.65		0.51	0.21	-0.52	-0.32	0.83	0.85	0.36	0.72	0.97
Common Stock	0.29	-0.39	-0.13	0.41	0.24	-0.26	0.41	-0.12	-0.64	0.46	0.17	0.89	-0.07	0.26	0.44	-0.1	0.51		0.12	0.26	0.15	0.23	0.25	0.21	0.31	0.42
Accounts Payable	0.12	0.55	0.29	0.01	0.06	-0.06	0.02	-0.37	-0.12	0.01	0.98	0.09	-0.73	0.88	0.12	0.22	0.21	0.12		-0.16	-0.1	0.32	0.17	-0.24	0.34	0.23
Short Long Term Debt Total	-0.6	-0.3	0.31	-0.55	-0.01	0.7	-0.56	0.63	-0.07	-0.55	-0.25	0.19	0.18	0.26	-0.25	0.5	-0.52	0.26	-0.16		0.42	-0.63	-0.67	-0.14	-0.49	-0.57
Non Current Liabilities Total	-0.39	-0.15	-0.25	-0.31	-0.18	0.42	-0.31	0.28	-0.16	-0.31	-0.14	0.11	0.09	0.23	-0.55	0.19	-0.32	0.15	-0.1	0.42		-0.32	-0.24	0.0	-0.23	-0.32
Intangible Assets	0.81	-0.07	-0.63	0.87	0.27	-0.85	0.82	-0.89	-0.53	0.78	0.47	0.12	-0.25	0.03	0.54	-0.79	0.83	0.23	0.32	-0.63	-0.32		0.88	0.25	0.93	0.92
Retained Earnings	0.81	-0.2	-0.71	0.9	0.03	-0.91	0.88	-0.89	-0.55	0.86	0.33	0.18	-0.12	-0.13	0.57	-0.84	0.85	0.25	0.17	-0.67	-0.24	0.88		0.41	0.81	0.92
Short Term Investments	0.32	-0.21	-0.42	0.42	-0.08	-0.36	0.39	-0.34	-0.29	0.41	-0.16	0.15	0.1	-0.26	0.23	-0.43	0.36	0.21	-0.24	-0.14	0.0	0.25	0.41		0.27	0.35
Other Liab	0.65	-0.01	-0.58	0.76	0.26	-0.7	0.68	-0.75	-0.45	0.65	0.47	0.22	-0.16	0.11	0.49	-0.71	0.72	0.31	0.34	-0.49	-0.23	0.93	0.81	0.27		0.81
Net Tangible Assets	0.92	-0.22	-0.6	0.97	0.27	-0.95	0.96	-0.89	-0.61	0.95	0.39	0.31	-0.14	-0.06	0.65	-0.77	0.97	0.42	0.23	-0.57	-0.32	0.92	0.92	0.35	0.81

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Orissa Minerals Account Relationship Matchups

Orissa Minerals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.8B	4.2B	4.7B	4.0B	3.4B	6.4B
Other Current Liab	1.8M	771.2M	1.0B	816.0M	2.5B	2.7B
Total Current Liabilities	4.2B	1.2B	3.3B	4.0B	3.4B	2.9B
Total Stockholder Equity	570.8M	180.7M	35.3M	(128.0M)	(107.3M)	(101.9M)
Property Plant And Equipment Net	282.9M	171.9M	346.7M	163.5M	131.8M	247.2M
Net Debt	2.7B	3.0B	2.9B	1.8B	41.6M	43.7M
Cash	389.5M	120.2M	432.8M	64.5M	46.1M	43.8M
Non Current Assets Total	2.5B	2.4B	2.5B	2.6B	2.6B	1.5B
Non Currrent Assets Other	539.8M	434.2M	267.1M	435.8M	2.3B	2.4B
Cash And Short Term Investments	873.0M	1.2B	432.8M	836.4M	247.2M	234.9M
Net Receivables	77.7M	38.7M	38.4M	25.9M	67K	63.7K
Liabilities And Stockholders Equity	4.8B	4.2B	4.7B	4.0B	3.4B	6.4B
Inventory	281.3M	280.3M	213.5M	218.2M	237.8M	263.9M
Other Current Assets	1.1B	1.3B	1.5B	1.1B	324.1M	307.9M
Total Liab	4.2B	4.0B	4.6B	4.1B	3.5B	3.3B
Total Current Assets	2.3B	1.7B	2.2B	1.4B	809.2M	768.8M
Accounts Payable	44.0M	33.9M	29.4M	31.9M	22.3M	21.1M
Short Long Term Debt Total	5.4B	3.1B	3.3B	1.8B	87.7M	83.3M
Non Current Liabilities Total	32.9M	2.8B	1.3B	114.3M	136.5M	129.7M
Intangible Assets	124.1M	112.4M	178.5M	160.5M	149.6M	254.7M
Retained Earnings	(2.7B)	174.7M	(3.2B)	(134.0M)	(120.6M)	(114.6M)
Short Term Investments	483.5M	1.0B	1.2B	771.8M	201.2M	191.1M
Other Liab	32.9M	30.6M	41.5M	43.8M	39.4M	37.5M
Net Tangible Assets	446.7M	68.3M	(143.2M)	(288.5M)	(259.6M)	(246.7M)
Other Assets	2.5B	2.2B	1.7B	2.2B	2.6B	2.7B
Property Plant Equipment	158.7M	171.9M	168.1M	163.5M	147.2M	152.3M
Current Deferred Revenue	1.0B	771.2M	1.1B	795.5M	807.1M	1.1B
Short Term Debt	3.1B	340.0M	2.1B	1.8B	17.3M	16.4M
Net Invested Capital	3.7B	3.3B	3.4B	1.6B	(107.3M)	(101.9M)
Short Long Term Debt	1.2B	3.1B	340.0M	2.1B	1.7B	0.0
Net Working Capital	(1.9B)	580.6M	(1.1B)	(2.6B)	(2.6B)	(2.4B)

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Other Information on Investing in Orissa Stock

Balance Sheet is a snapshot of the financial position of Orissa Minerals at a specified time, usually calculated after every quarter, six months, or one year. Orissa Minerals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Orissa Minerals and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Orissa currently owns. An asset can also be divided into two categories, current and non-current.

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Orissa Net Income vs Total Operating Expenses Analysis

Net Income vs Total Operating Expenses

Net Income vs Total Operating Expenses Correlation Analysis

Correlation Coefficient

Net Income

Total Operating Expenses

Orissa Minerals fundamental ratios Correlations

Orissa Minerals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Orissa Minerals fundamental ratios Accounts

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Cash And Short Term Investments	+ 0.99	Cash
Cash	+ 0.98	Total Stockholder Equity
Accounts Payable	+ 0.98	Net Receivables
Cash And Short Term Investments	+ 0.97	Total Stockholder Equity
Net Tangible Assets	+ 0.97	Total Stockholder Equity
Total Current Assets	+ 0.97	Cash

Cash	- 0.98	Net Debt
Cash And Short Term Investments	- 0.96	Net Debt
Net Debt	- 0.96	Total Stockholder Equity
Net Tangible Assets	- 0.95	Net Debt
Total Current Assets	- 0.94	Net Debt
Net Debt	- 0.94	Total Assets