Orissa Total Stockholder Equity vs Non Currrent Assets Other 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 Total Stockholder Equity and its Non Currrent Assets Other 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.

Total Stockholder Equity vs Non Currrent Assets Other

Total Stockholder Equity vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orissa Minerals Total Stockholder Equity account and Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Orissa Minerals' Total Stockholder Equity and Non Currrent Assets Other is -0.41. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Non Currrent Assets Other 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' Total Stockholder Equity and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of The Orissa Minerals are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Stockholder Equity i.e., Orissa Minerals' Total Stockholder Equity and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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

-0.25-0.450.920.45-0.940.94-0.86-0.250.950.260.090.04-0.20.63-0.650.950.290.12-0.6-0.390.810.810.320.650.92
-0.250.45-0.41-0.240.29-0.450.160.49-0.420.41-0.4-0.350.3-0.230.39-0.34-0.540.47-0.32-0.17-0.12-0.23-0.23-0.08-0.29
-0.450.45-0.680.140.58-0.610.560.63-0.560.14-0.07-0.130.36-0.180.9-0.48-0.130.290.31-0.25-0.63-0.71-0.42-0.58-0.6
0.92-0.41-0.680.27-0.960.98-0.83-0.410.970.170.30.03-0.270.65-0.840.950.410.01-0.55-0.310.870.90.420.760.97
0.45-0.240.140.27-0.270.33-0.240.140.340.070.060.270.020.160.060.40.240.06-0.01-0.180.270.03-0.080.260.27
-0.940.290.58-0.96-0.27-0.980.870.42-0.96-0.21-0.190.020.29-0.610.79-0.94-0.26-0.060.70.42-0.85-0.91-0.36-0.7-0.95
0.94-0.45-0.610.980.33-0.98-0.85-0.450.990.180.290.02-0.250.64-0.770.970.410.02-0.56-0.310.820.880.390.680.96
-0.860.160.56-0.83-0.240.87-0.850.59-0.8-0.50.030.27-0.06-0.50.71-0.85-0.12-0.370.630.28-0.89-0.89-0.34-0.75-0.89
-0.250.490.63-0.410.140.42-0.450.59-0.32-0.130.010.33-0.02-0.160.61-0.320.0-0.040.16-0.08-0.46-0.51-0.2-0.32-0.42
0.95-0.42-0.560.970.34-0.960.99-0.8-0.320.150.330.08-0.270.64-0.720.970.460.01-0.55-0.310.780.860.410.650.95
0.260.410.140.170.07-0.210.18-0.5-0.130.150.12-0.730.820.220.060.350.170.98-0.25-0.140.470.33-0.160.470.39
0.09-0.4-0.070.30.06-0.190.290.030.010.330.12-0.110.190.32-0.060.370.890.090.190.110.120.180.150.220.31
0.04-0.35-0.130.030.270.020.020.270.330.08-0.73-0.11-0.7-0.21-0.07-0.07-0.07-0.730.180.09-0.25-0.120.1-0.16-0.14
-0.20.30.36-0.270.020.29-0.25-0.06-0.02-0.270.820.19-0.7-0.040.44-0.070.260.880.260.230.03-0.13-0.260.11-0.06
0.63-0.23-0.180.650.16-0.610.64-0.5-0.160.640.220.32-0.21-0.04-0.440.670.440.12-0.25-0.550.540.570.230.490.65
-0.650.390.9-0.840.060.79-0.770.710.61-0.720.06-0.06-0.070.44-0.44-0.65-0.10.220.50.19-0.79-0.84-0.43-0.71-0.77
0.95-0.34-0.480.950.4-0.940.97-0.85-0.320.970.350.37-0.07-0.070.67-0.650.510.21-0.52-0.320.830.850.360.720.97
0.29-0.54-0.130.410.24-0.260.41-0.120.00.460.170.89-0.070.260.44-0.10.510.120.260.150.230.250.210.310.42
0.120.470.290.010.06-0.060.02-0.37-0.040.010.980.09-0.730.880.120.220.210.12-0.16-0.10.320.17-0.240.340.23
-0.6-0.320.31-0.55-0.010.7-0.560.630.16-0.55-0.250.190.180.26-0.250.5-0.520.26-0.160.42-0.63-0.67-0.14-0.49-0.57
-0.39-0.17-0.25-0.31-0.180.42-0.310.28-0.08-0.31-0.140.110.090.23-0.550.19-0.320.15-0.10.42-0.32-0.240.0-0.23-0.32
0.81-0.12-0.630.870.27-0.850.82-0.89-0.460.780.470.12-0.250.030.54-0.790.830.230.32-0.63-0.320.880.250.930.92
0.81-0.23-0.710.90.03-0.910.88-0.89-0.510.860.330.18-0.12-0.130.57-0.840.850.250.17-0.67-0.240.880.410.810.92
0.32-0.23-0.420.42-0.08-0.360.39-0.34-0.20.41-0.160.150.1-0.260.23-0.430.360.21-0.24-0.140.00.250.410.270.35
0.65-0.08-0.580.760.26-0.70.68-0.75-0.320.650.470.22-0.160.110.49-0.710.720.310.34-0.49-0.230.930.810.270.81
0.92-0.29-0.60.970.27-0.950.96-0.89-0.420.950.390.31-0.14-0.060.65-0.770.970.420.23-0.57-0.320.920.920.350.81
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Orissa Minerals Account Relationship Matchups

Orissa Minerals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.8B4.2B4.7B4.0B3.4B6.4B
Other Current Liab1.8M771.2M1.0B816.0M3.3B3.5B
Total Current Liabilities4.2B1.2B3.3B4.0B3.4B2.9B
Total Stockholder Equity570.8M180.7M35.3M(128.0M)(107.3M)(101.9M)
Property Plant And Equipment Net282.9M171.9M346.7M163.5M131.8M247.2M
Net Debt2.7B3.0B2.9B1.8B41.6M43.7M
Cash389.5M120.2M432.8M64.5M46.1M43.8M
Non Current Assets Total2.5B2.4B2.5B2.6B2.6B1.5B
Non Currrent Assets Other539.8M434.2M267.1M435.8M455.6M372.3M
Cash And Short Term Investments873.0M1.2B432.8M836.4M247.2M234.9M
Net Receivables77.7M38.7M38.4M25.9M67K63.7K
Liabilities And Stockholders Equity4.8B4.2B4.7B4.0B3.4B6.4B
Inventory281.3M280.3M213.5M218.2M237.8M263.9M
Other Current Assets1.1B1.3B1.5B1.1B324.1M307.9M
Total Liab4.2B4.0B4.6B4.1B3.5B3.3B
Total Current Assets2.3B1.7B2.2B1.4B809.2M768.8M
Accounts Payable44.0M33.9M29.4M31.9M22.3M21.1M
Short Long Term Debt Total5.4B3.1B3.3B1.8B87.7M83.3M
Non Current Liabilities Total32.9M2.8B1.3B114.3M136.5M129.7M
Intangible Assets124.1M112.4M178.5M160.5M149.6M254.7M
Retained Earnings(2.7B)174.7M(3.2B)(134.0M)(120.6M)(114.6M)
Short Term Investments483.5M1.0B1.2B771.8M201.2M191.1M
Other Liab32.9M30.6M41.5M43.8M39.4M37.5M
Net Tangible Assets446.7M68.3M(143.2M)(288.5M)(259.6M)(246.7M)
Other Assets2.5B2.2B1.7B2.2B2.6B2.7B
Property Plant Equipment158.7M171.9M168.1M163.5M147.2M152.3M
Current Deferred Revenue1.0B771.2M1.1B795.5M807.1M1.1B
Short Term Debt3.1B340.0M2.1B1.8B17.3M16.4M
Net Invested Capital3.7B3.3B3.4B1.6B(107.3M)(101.9M)
Short Long Term Debt1.2B3.1B340.0M2.1B1.7B0.0
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.