Orogen Common Stock vs Property Plant And Equipment Net Analysis

OGN Stock  CAD 1.30  0.02  1.52%   
Orogen Royalties financial indicator trend analysis is much more than just breaking down Orogen Royalties prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orogen Royalties is a good investment. Please check the relationship between Orogen Royalties Common Stock and its Property Plant And Equipment Net accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orogen Royalties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Common Stock vs Property Plant And Equipment Net

Common Stock vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orogen Royalties Common Stock account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Orogen Royalties' Common Stock and Property Plant And Equipment Net is 0.84. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Orogen Royalties, assuming nothing else is changed. The correlation between historical values of Orogen Royalties' Common Stock and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Orogen Royalties are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Common Stock i.e., Orogen Royalties' Common Stock and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock

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.
Most indicators from Orogen Royalties' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orogen Royalties 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 Orogen Royalties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Orogen Royalties' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 38.56 in 2024, despite the fact that Tax Provision is likely to grow to (1.1 M).
 2021 2022 2023 2024 (projected)
Interest Income100.1K89.9K256.6K269.4K
Net Interest Income100.1K89.9K256.6K269.4K

Orogen Royalties fundamental ratios Correlations

-0.070.191.00.90.91-0.850.90.490.980.680.750.960.760.260.790.920.890.870.810.690.940.820.870.950.21
-0.070.96-0.10.04-0.06-0.04-0.040.68-0.15-0.05-0.08-0.14-0.010.940.24-0.06-0.11-0.080.03-0.13-0.10.03-0.11-0.140.02
0.190.960.160.280.18-0.260.230.830.090.120.130.130.161.00.470.20.130.150.260.10.130.280.120.090.08
1.0-0.10.160.890.9-0.850.90.460.990.680.750.970.750.220.780.920.890.870.810.690.940.820.870.950.2
0.90.040.280.890.97-0.870.780.510.860.720.740.830.770.350.790.970.970.940.810.60.830.80.950.820.55
0.91-0.060.180.90.97-0.940.790.450.860.830.860.840.850.260.811.00.990.980.870.590.850.840.970.830.58
-0.85-0.04-0.26-0.85-0.87-0.94-0.67-0.47-0.8-0.95-0.93-0.73-0.95-0.34-0.84-0.94-0.9-0.94-0.9-0.39-0.83-0.83-0.91-0.8-0.6
0.9-0.040.230.90.780.79-0.670.590.850.490.630.960.480.260.750.810.770.710.740.860.770.790.710.770.04
0.490.680.830.460.510.45-0.470.590.350.30.420.470.290.840.810.470.370.410.650.490.420.710.360.320.08
0.98-0.150.090.990.860.86-0.80.850.350.640.70.940.730.160.680.870.870.840.710.650.940.730.850.970.16
0.68-0.050.120.680.720.83-0.950.490.30.640.940.540.940.210.720.840.80.860.820.190.690.710.810.650.69
0.75-0.080.130.750.740.86-0.930.630.420.70.940.660.880.210.830.870.820.90.90.460.80.850.860.730.57
0.96-0.140.130.970.830.84-0.730.960.470.940.540.660.60.180.730.860.830.770.740.830.860.790.780.870.05
0.76-0.010.160.750.770.85-0.950.480.290.730.940.880.60.250.70.850.820.880.780.220.780.690.850.760.61
0.260.941.00.220.350.26-0.340.260.840.160.210.210.180.250.520.270.20.230.330.120.20.340.20.150.14
0.790.240.470.780.790.81-0.840.750.810.680.720.830.730.70.520.830.740.810.970.610.790.980.750.680.36
0.92-0.060.20.920.971.0-0.940.810.470.870.840.870.860.850.270.830.990.970.880.610.860.850.970.840.55
0.89-0.110.130.890.970.99-0.90.770.370.870.80.820.830.820.20.740.990.970.810.590.840.770.980.840.59
0.87-0.080.150.870.940.98-0.940.710.410.840.860.90.770.880.230.810.970.970.880.540.890.840.990.850.64
0.810.030.260.810.810.87-0.90.740.650.710.820.90.740.780.330.970.880.810.880.570.810.980.820.710.45
0.69-0.130.10.690.60.59-0.390.860.490.650.190.460.830.220.120.610.610.590.540.570.620.680.560.59-0.09
0.94-0.10.130.940.830.85-0.830.770.420.940.690.80.860.780.20.790.860.840.890.810.620.820.880.980.25
0.820.030.280.820.80.84-0.830.790.710.730.710.850.790.690.340.980.850.770.840.980.680.820.790.720.33
0.87-0.110.120.870.950.97-0.910.710.360.850.810.860.780.850.20.750.970.980.990.820.560.880.790.860.63
0.95-0.140.090.950.820.83-0.80.770.320.970.650.730.870.760.150.680.840.840.850.710.590.980.720.860.2
0.210.020.080.20.550.58-0.60.040.080.160.690.570.050.610.140.360.550.590.640.45-0.090.250.330.630.2
Click cells to compare fundamentals

Orogen Royalties Account Relationship Matchups

Orogen Royalties fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.4M11.9M51.7M53.1M62.6M65.7M
Other Current Liab91.4K592.0K435.0K172.1K139.0K132.1K
Total Current Liabilities339.6K867.8K683.5K648.7K878.5K835.6K
Total Stockholder Equity10.0M10.9M50.7M52.3M61.6M64.7M
Other Liab46.2K66.5K5.3K128.7K148K155.4K
Net Tangible Assets12.7M10.0M52.3M50.7M58.3M61.2M
Retained Earnings(18.5M)(22.4M)(25.2M)(24.4M)(21.3M)(22.4M)
Accounts Payable130.3K69.3K121.9K301.8K528.6K555.0K
Cash3.5M3.6M2.4M3.7M6.4M4.7M
Non Current Assets Total441.7K637.1K40.7M40.4M43.2M45.4M
Non Currrent Assets Other173.3K207.2K209.4K206.6K115.8K139.7K
Other Assets64.2K203.9K207.2K209.4K240.8K138.9K
Net Receivables346.6K98.9K1.3M1.2M2.3M2.4M
Non Current Liabilities Total128.5K177.8K291.1K184.5K133.3K145.2K
Total Liab468.1K1.0M974.6K833.2K1.0M941.2K
Total Current Assets10.0M11.3M10.9M12.7M19.4M11.9M
Common Stock27.2M27.5M71.2M72.3M83.1M87.3M
Property Plant Equipment96.2K237.8K41.9M40.5M46.6M48.9M
Common Stock Shares Outstanding85.3M174.6M178.1M179.2M193.4M151.0M
Short Term Investments6.1M7.2M6.7M7.7M10.5M7.1M
Net Invested Capital10.0M10.9M50.7M52.3M61.6M31.7M
Net Working Capital9.7M10.4M10.2M12.1M18.5M12.1M
Capital Stock27.5M71.2M72.3M72.7M79.6M64.3M

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Additional Tools for Orogen Stock Analysis

When running Orogen Royalties' price analysis, check to measure Orogen Royalties' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Orogen Royalties is operating at the current time. Most of Orogen Royalties' value examination focuses on studying past and present price action to predict the probability of Orogen Royalties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orogen Royalties' price. Additionally, you may evaluate how the addition of Orogen Royalties to your portfolios can decrease your overall portfolio volatility.