Orla Mining Return On Asset vs. Gross Profit
| OLA Stock | CAD 6.42 0.01 0.16% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.72 | 0.6057 |
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For Orla Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Orla Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Orla Mining utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Orla Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Orla Mining over time as well as its relative position and ranking within its peers.
Orla |
Orla Mining Gross Profit vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Orla Mining's current stock value. Our valuation model uses many indicators to compare Orla Mining value to that of its competitors to determine the firm's financial worth. Orla Mining is regarded third in return on asset category among its peers. It is considered to be number one stock in gross profit category among its peers fabricating about 2,128,375,559 of Gross Profit per Return On Asset. At this time, Orla Mining's Gross Profit is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Orla Mining by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Orla Mining's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Orla Gross Profit vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Orla Mining |
| = | 0.0671 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Orla Mining |
| = | 142.81 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Orla Gross Profit Comparison
Orla Mining is currently under evaluation in gross profit category among its peers.
Orla Mining Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Orla Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Orla Mining will eventually generate negative long term returns. The profitability progress is the general direction of Orla Mining's change in net profit over the period of time. It can combine multiple indicators of Orla Mining, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 23.9 M | 15.4 M | |
| Operating Income | 94.6 M | 99.4 M | |
| Net Loss | -27 M | -25.7 M | |
| Income Tax Expense | 34.6 M | 36.3 M | |
| Income Before Tax | 7.6 M | 8 M | |
| Total Other Income Expense Net | -75.7 M | -71.9 M | |
| Interest Income | 5.4 M | 5.7 M | |
| Net Loss | -27 M | -25.7 M | |
| Net Income Applicable To Common Shares | 52.6 M | 55.3 M | |
| Net Interest Income | -5.9 M | -5.6 M | |
| Change To Netincome | 57.6 M | 60.5 M | |
| Net Loss | (0.09) | (0.09) | |
| Income Quality | (2.42) | (2.30) | |
| Net Loss | (3.56) | (3.38) |
Orla Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Orla Mining. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Orla Mining position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Orla Mining's important profitability drivers and their relationship over time.
Use Orla Mining in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Orla Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Orla Mining will appreciate offsetting losses from the drop in the long position's value.Orla Mining Pair Trading
Orla Mining Pair Trading Analysis
The ability to find closely correlated positions to Orla Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Orla Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Orla Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Orla Mining to buy it.
The correlation of Orla Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Orla Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Orla Mining moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Orla Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Orla Mining position
In addition to having Orla Mining in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Retail Thematic Idea Now
Retail
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Retail theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Retail Theme or any other thematic opportunities.
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Check out Your Equity Center. To learn how to invest in Orla Stock, please use our How to Invest in Orla Mining guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
To fully project Orla Mining's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Orla Mining at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Orla Mining's income statement, its balance sheet, and the statement of cash flows.