Orla Total Assets vs Accounts Payable 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 Total Assets and its Accounts Payable 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.
Total Assets vs Accounts Payable
Total Assets vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orla Mining Total Assets account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Orla Mining's Total Assets and Accounts Payable is 0.97. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Accounts Payable 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 Total Assets and Accounts Payable 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 Assets of Orla Mining are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Assets i.e., Orla Mining's Total Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Orla Mining assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Orla Mining books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Accounts Payable
An accounting item on the balance sheet that represents Orla Mining obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Orla Mining are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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.