Osisko Property Plant And Equipment Net vs Long Term Investments Analysis

ODV Stock  USD 1.90  0.08  4.40%   
Osisko Development financial indicator trend analysis is much more than just breaking down Osisko Development Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Osisko Development Corp is a good investment. Please check the relationship between Osisko Development Property Plant And Equipment Net and its Long Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Osisko Development Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Property Plant And Equipment Net vs Long Term Investments

Property Plant And Equipment Net vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Osisko Development Corp Property Plant And Equipment Net account and Long Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Osisko Development's Property Plant And Equipment Net and Long Term Investments is -0.3. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Osisko Development Corp, assuming nothing else is changed. The correlation between historical values of Osisko Development's Property Plant And Equipment Net and Long Term Investments 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 And Equipment Net of Osisko Development Corp are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Property Plant And Equipment Net i.e., Osisko Development's Property Plant And Equipment Net and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.3
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Long Term Investments

Long Term Investments is an item on the asset side of Osisko Development balance sheet that represents investments Osisko Development Corp intends to hold for over a year. Osisko Development Corp long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Osisko Development's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Osisko Development Corp 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 Osisko Development Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Sales General And Administrative To Revenue is likely to climb to 1.66 in 2024, despite the fact that Tax Provision is likely to grow to (21.4 M).
 2021 2022 2023 2024 (projected)
Other Operating Expenses39.0M151.9M241.1M253.1M
Interest Expense749K5.8M13.4M8.2M

Osisko Development fundamental ratios Correlations

0.990.991.00.920.97-0.68-0.710.990.790.790.890.750.730.160.950.860.970.970.910.940.950.850.880.950.02
0.990.990.980.950.98-0.69-0.740.980.80.80.870.810.730.050.970.870.980.960.930.960.970.890.870.970.0
0.990.990.980.960.98-0.66-0.740.980.780.780.880.790.720.050.960.850.980.970.930.960.980.870.90.970.0
1.00.980.980.90.97-0.7-0.670.990.810.810.880.710.720.190.930.880.950.960.880.910.940.810.870.950.08
0.920.950.960.90.94-0.52-0.770.890.630.630.810.870.67-0.070.940.720.960.970.920.930.940.870.860.89-0.15
0.970.980.980.970.94-0.72-0.670.940.820.820.820.750.70.070.90.880.940.960.850.890.960.770.820.930.13
-0.68-0.69-0.66-0.7-0.52-0.720.14-0.7-0.97-0.97-0.7-0.25-0.260.08-0.54-0.95-0.53-0.54-0.45-0.54-0.64-0.42-0.52-0.74-0.65
-0.71-0.74-0.74-0.67-0.77-0.670.14-0.66-0.34-0.34-0.43-0.93-0.90.01-0.81-0.43-0.82-0.74-0.86-0.83-0.78-0.85-0.61-0.710.55
0.990.980.980.990.890.94-0.7-0.660.80.80.930.70.680.160.950.880.950.940.910.940.930.860.90.960.04
0.790.80.780.810.630.82-0.97-0.340.81.00.750.390.44-0.070.670.990.660.650.60.680.770.560.650.860.53
0.790.80.780.810.630.82-0.97-0.340.81.00.750.390.44-0.070.670.990.660.650.60.680.770.560.650.860.53
0.890.870.880.880.810.82-0.7-0.430.930.750.750.520.360.00.860.820.810.830.830.850.820.780.920.880.14
0.750.810.790.710.870.75-0.25-0.930.70.390.390.520.82-0.040.870.490.880.820.870.850.780.890.590.73-0.51
0.730.730.720.720.670.7-0.26-0.90.680.440.440.360.820.330.740.510.80.730.720.720.730.710.480.67-0.35
0.160.050.050.19-0.070.070.080.010.16-0.07-0.070.0-0.040.330.05-0.040.140.17-0.07-0.08-0.09-0.06-0.1-0.09-0.08
0.950.970.960.930.940.9-0.54-0.810.950.670.670.860.870.740.050.760.980.940.980.980.920.970.860.93-0.22
0.860.870.850.880.720.88-0.95-0.430.880.990.990.820.490.51-0.040.760.750.740.70.770.840.650.730.920.43
0.970.980.980.950.960.94-0.53-0.820.950.660.660.810.880.80.140.980.750.980.940.950.940.910.830.91-0.19
0.970.960.970.960.970.96-0.54-0.740.940.650.650.830.820.730.170.940.740.980.90.910.930.840.840.88-0.1
0.910.930.930.880.920.85-0.45-0.860.910.60.60.830.870.72-0.070.980.70.940.90.990.920.980.90.92-0.3
0.940.960.960.910.930.89-0.54-0.830.940.680.680.850.850.72-0.080.980.770.950.910.990.960.960.910.96-0.19
0.950.970.980.940.940.96-0.64-0.780.930.770.770.820.780.73-0.090.920.840.940.930.920.960.840.90.970.01
0.850.890.870.810.870.77-0.42-0.850.860.560.560.780.890.71-0.060.970.650.910.840.980.960.840.80.87-0.39
0.880.870.90.870.860.82-0.52-0.610.90.650.650.920.590.48-0.10.860.730.830.840.90.910.90.80.9-0.01
0.950.970.970.950.890.93-0.74-0.710.960.860.860.880.730.67-0.090.930.920.910.880.920.960.970.870.90.08
0.020.00.00.08-0.150.13-0.650.550.040.530.530.14-0.51-0.35-0.08-0.220.43-0.19-0.1-0.3-0.190.01-0.39-0.010.08
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Osisko Development Account Relationship Matchups

Osisko Development fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets397.3M802.1M703.1M968.2M763.9M666.4M
Other Current Liab5.8M21.2M16.5M25.5M22.3M16.8M
Total Current Liabilities12.5M42.8M41.9M51.0M45.8M35.6M
Total Stockholder Equity355.0M699.6M584.2M730.4M585.2M541.7M
Net Debt(8.0M)(195.4M)(19.8M)(86.9M)(24.9M)(26.1M)
Retained Earnings0.0(2.6M)(143.4M)(323.9M)(510.9M)(485.4M)
Accounts Payable6.7M13.6M11.8M18.1M10.6M11.1M
Cash8.0M197.4M33.4M105.9M43.5M71.2M
Cash And Short Term Investments8.0M197.4M33.4M105.9M43.5M71.2M
Net Receivables1.9M7.0M8.0M11.0M2.7M2.6M
Liabilities And Stockholders Equity397.3M802.1M703.1M968.2M763.9M666.4M
Other Current Assets6.7M4.0M1.5M6.6M14.3M15.1M
Other Stockholder Equity374.1M69K6.4M12.9M30.6M56.8M
Total Liab42.2M102.6M118.9M237.8M178.7M124.7M
Total Current Assets18.2M218.5M61.4M141.3M67.7M93.0M
Common Stock374.1M613.1M714.4M1.0B1.1B701.0M

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