Orla Property Plant Equipment vs Common Stock Analysis
ORLA Stock | USD 4.77 0.11 2.36% |
Orla Mining financial indicator trend analysis is much more than just breaking down Orla Mining prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orla Mining is a good investment. Please check the relationship between Orla Mining Property Plant Equipment and its Common Stock accounts. 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 bureau of economic analysis. For information on how to trade Orla Stock refer to our How to Trade Orla Stock guide.
Property Plant Equipment vs Common Stock
Property Plant Equipment vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orla Mining Property Plant Equipment account and Common Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Orla Mining's Property Plant Equipment and Common Stock is 0.95. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Common Stock in the same time period over historical financial statements of Orla Mining, assuming nothing else is changed. The correlation between historical values of Orla Mining's Property Plant Equipment and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Orla Mining are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Property Plant Equipment i.e., Orla Mining's Property Plant Equipment and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Property Plant Equipment
Common Stock
Most indicators from Orla Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 bureau of economic analysis. For information on how to trade Orla Stock refer to our How to Trade Orla Stock guide.At present, Orla Mining's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 28.4 M, whereas Tax Provision is forecasted to decline to about 24.7 M.
Orla Mining fundamental ratios Correlations
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Orla Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Orla Mining fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 150.3M | 239.2M | 364.9M | 613.8M | 535.8M | 562.6M | |
Total Current Liabilities | 2.4M | 7.7M | 37.8M | 97.8M | 28.7M | 30.1M | |
Total Stockholder Equity | 124.6M | 160.6M | 184.4M | 397.0M | 400.5M | 420.6M | |
Net Debt | (394.3K) | (1.8M) | 142.2M | 52.7M | (5.3M) | (5.1M) | |
Accounts Payable | 489.2K | 2.6M | 6.0M | 6.7M | 5.7M | 6.0M | |
Cash | 23.0M | 72.2M | 20.5M | 96.3M | 96.6M | 101.5M | |
Cash And Short Term Investments | 23.0M | 72.2M | 20.5M | 96.3M | 96.1M | 100.9M | |
Net Receivables | 93.4K | 204K | 17.1M | 9.0M | 15.9M | 16.7M | |
Common Stock Shares Outstanding | 182.6M | 217.1M | 241.4M | 292.8M | 311.5M | 327.1M | |
Liabilities And Stockholders Equity | 150.3M | 239.2M | 364.9M | 613.8M | 535.8M | 562.6M | |
Total Liab | 25.8M | 78.6M | 180.5M | 216.8M | 135.2M | 142.0M | |
Total Current Assets | 23.1M | 73.1M | 48.3M | 132.9M | 145.2M | 152.4M | |
Other Current Liab | 1.9M | 5.0M | 6.1M | 31.2M | 10.0M | 10.5M | |
Retained Earnings | (64.1M) | (90.3M) | (116.5M) | (70.8M) | (97.8M) | (92.9M) | |
Other Current Assets | 49.4K | 716K | 1.1M | 5.1M | 3.7M | 3.9M | |
Non Current Assets Total | 127.2M | 166.1M | 316.6M | 481.0M | 390.6M | 410.1M | |
Non Currrent Assets Other | 1.3M | 8.6M | 8.7M | 11.4M | 179.0M | 187.9M | |
Common Stock Total Equity | 138.7M | 147.6M | 208.2M | 217.9M | 250.6M | 263.2M | |
Common Stock | 159.4M | 217.9M | 269.2M | 445.3M | 474.4M | 498.1M | |
Property Plant And Equipment Net | 125.4M | 154.7M | 304.1M | 467.2M | 210.6M | 126.1M | |
Property Plant And Equipment Gross | 163.8M | 154.7M | 305.2M | 489.6M | 436.1M | 457.9M | |
Accumulated Other Comprehensive Income | 29.3M | 32.9M | 31.7M | 22.4M | 23.9M | 15.4M | |
Non Current Liabilities Total | 23.4M | 70.9M | 142.7M | 119.1M | 106.0M | 57.1M | |
Other Assets | 1.8M | 11.4M | 12.4M | 13.8M | (742.8K) | (705.6K) | |
Net Tangible Assets | 125.2M | 160.6M | 184.4M | 397.0M | 456.5M | 479.4M | |
Property Plant Equipment | 125.9M | 154.7M | 304.1M | 467.2M | 537.2M | 564.1M | |
Net Invested Capital | 147.1M | 230.7M | 345.8M | 542.8M | 488.9M | 318.2M | |
Net Working Capital | 20.7M | 65.4M | 10.6M | 35.1M | 116.5M | 122.3M | |
Short Long Term Debt Total | 22.6M | 70.4M | 162.8M | 149.0M | 91.3M | 91.7M | |
Other Liab | 836K | 610K | 28.4M | 15.9M | 18.3M | 10.2M | |
Long Term Debt | 22.5M | 70.1M | 136.1M | 100.8M | 88.4M | 77.4M | |
Capital Stock | 159.4M | 217.9M | 269.2M | 445.3M | 474.4M | 314.2M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Orla Mining offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Orla Mining's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Orla Mining Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Orla Mining Stock: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 bureau of economic analysis. For information on how to trade Orla Stock refer to our How to Trade Orla Stock guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Orla Mining. If investors know Orla will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Orla Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.507 | Revenue Per Share 0.991 | Quarterly Revenue Growth 0.647 | Return On Assets 0.0671 | Return On Equity 0.0095 |
The market value of Orla Mining is measured differently than its book value, which is the value of Orla that is recorded on the company's balance sheet. Investors also form their own opinion of Orla Mining's value that differs from its market value or its book value, called intrinsic value, which is Orla Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Orla Mining's market value can be influenced by many factors that don't directly affect Orla Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Orla Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Orla Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orla Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.