Orla Price To Sales Ratio vs Days Sales Outstanding Analysis

OLA Stock  CAD 7.99  0.24  3.10%   
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 Price To Sales Ratio and its Days Sales Outstanding 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 board of governors.
To learn how to invest in Orla Stock, please use our How to Invest in Orla Mining guide.

Price To Sales Ratio vs Days Sales Outstanding

Price To Sales Ratio vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orla Mining Price To Sales Ratio account and Days Sales Outstanding. At this time, the significance of the direction appears to have totally related.
The correlation between Orla Mining's Price To Sales Ratio and Days Sales Outstanding is 1.0. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Days Sales Outstanding 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 Price To Sales Ratio and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Orla Mining are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Price To Sales Ratio i.e., Orla Mining's Price To Sales Ratio and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Orla Mining stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Orla Mining sales, a figure that is much harder to manipulate than other Orla Mining multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Days Sales Outstanding

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 board of governors.
To learn how to invest in Orla Stock, please use our How to Invest in Orla Mining guide.At this time, Orla Mining's Selling General Administrative is very stable compared to the past year. As of the 11th of December 2024, Issuance Of Capital Stock is likely to grow to about 24.5 M, while Tax Provision is likely to drop about 24.7 M.

Orla Mining fundamental ratios Correlations

0.830.980.370.970.930.920.860.94-0.620.430.930.960.60.88-0.840.910.941.00.930.940.9-0.620.991.01.0
0.830.760.550.840.70.70.640.68-0.220.530.90.740.920.95-0.580.710.90.850.840.730.6-0.220.750.850.83
0.980.760.210.920.940.940.810.94-0.690.30.850.960.480.84-0.80.920.920.970.860.890.9-0.690.990.970.98
0.370.550.210.540.080.080.550.340.150.70.640.180.730.29-0.520.210.250.430.50.420.320.150.280.420.38
0.970.840.920.540.850.850.920.89-0.560.540.970.910.660.83-0.860.880.880.970.940.950.85-0.560.940.970.97
0.930.70.940.080.851.00.70.87-0.670.370.810.980.40.83-0.770.870.910.890.890.910.84-0.670.940.890.9
0.920.70.940.080.851.00.70.87-0.670.370.810.980.40.83-0.770.870.910.890.890.910.84-0.670.940.890.9
0.860.640.810.550.920.70.70.78-0.690.330.860.810.460.62-0.80.890.710.860.780.880.73-0.690.840.850.87
0.940.680.940.340.890.870.870.78-0.580.470.850.880.460.72-0.930.790.810.940.880.880.97-0.580.960.940.94
-0.62-0.22-0.690.15-0.56-0.67-0.67-0.69-0.580.19-0.43-0.730.12-0.40.48-0.81-0.54-0.57-0.44-0.65-0.531.0-0.68-0.58-0.63
0.430.530.30.70.540.370.370.330.470.190.640.330.630.36-0.630.120.340.450.690.550.50.190.360.440.39
0.930.90.850.640.970.810.810.860.85-0.430.640.860.770.85-0.850.810.880.940.960.930.8-0.430.880.940.92
0.960.740.960.180.910.980.980.810.88-0.730.330.860.440.85-0.790.940.930.930.90.950.83-0.730.970.930.95
0.60.920.480.730.660.40.40.460.460.120.630.770.440.77-0.430.420.670.640.680.50.40.120.480.640.6
0.880.950.840.290.830.830.830.620.72-0.40.360.850.850.77-0.560.810.970.870.840.760.63-0.40.820.870.87
-0.84-0.58-0.8-0.52-0.86-0.77-0.77-0.8-0.930.48-0.63-0.85-0.79-0.43-0.56-0.67-0.66-0.85-0.88-0.89-0.920.48-0.85-0.84-0.83
0.910.710.920.210.880.870.870.890.79-0.810.120.810.940.420.81-0.670.880.890.780.870.7-0.810.910.890.92
0.940.90.920.250.880.910.910.710.81-0.540.340.880.930.670.97-0.660.880.920.880.850.73-0.540.90.920.93
1.00.850.970.430.970.890.890.860.94-0.570.450.940.930.640.87-0.850.890.920.920.920.9-0.570.981.01.0
0.930.840.860.50.940.890.890.780.88-0.440.690.960.90.680.84-0.880.780.880.920.960.84-0.440.890.910.9
0.940.730.890.420.950.910.910.880.88-0.650.550.930.950.50.76-0.890.870.850.920.960.85-0.650.930.910.92
0.90.60.90.320.850.840.840.730.97-0.530.50.80.830.40.63-0.920.70.730.90.840.85-0.530.930.90.89
-0.62-0.22-0.690.15-0.56-0.67-0.67-0.69-0.581.00.19-0.43-0.730.12-0.40.48-0.81-0.54-0.57-0.44-0.65-0.53-0.68-0.58-0.63
0.990.750.990.280.940.940.940.840.96-0.680.360.880.970.480.82-0.850.910.90.980.890.930.93-0.680.980.99
1.00.850.970.420.970.890.890.850.94-0.580.440.940.930.640.87-0.840.890.921.00.910.910.9-0.580.981.0
1.00.830.980.380.970.90.90.870.94-0.630.390.920.950.60.87-0.830.920.931.00.90.920.89-0.630.991.0
Click cells to compare fundamentals

Orla Mining Account Relationship Matchups

Orla Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets150.3M239.2M364.9M613.8M535.8M562.6M
Total Current Liabilities2.4M7.7M37.8M97.8M28.7M30.1M
Total Stockholder Equity124.6M160.6M184.4M397.0M400.5M420.6M
Net Debt(394.3K)(1.8M)142.2M52.7M(5.4M)(5.1M)
Accounts Payable489.2K2.6M6.0M6.7M5.7M6.0M
Cash23.0M72.2M20.5M96.3M96.6M101.5M
Cash And Short Term Investments23.0M72.2M20.5M96.3M96.6M101.5M
Net Receivables93.4K204K17.1M9.0M16.0M16.7M
Common Stock Shares Outstanding182.6M217.1M241.4M292.8M311.5M327.1M
Liabilities And Stockholders Equity150.3M239.2M364.9M613.8M535.8M562.6M
Other Stockholder Equity(1.0M)32.9M31.7M22.4M(1.0)(0.95)
Total Liab25.8M78.6M180.5M216.8M135.2M142.0M
Total Current Assets23.1M73.1M48.3M132.9M145.2M152.4M
Short Term Debt23.7K131K25.7M45.8M915K869.3K
Other Current Liab1.9M5.0M6.1M42.1M18.0M18.8M
Retained Earnings(64.1M)(90.3M)(116.5M)(70.8M)(97.8M)(92.9M)
Inventory(140.6K)(454.6K)9.7M22.4M29.5M30.9M
Other Current Assets662K1.2M1.1M5.1M3.1M3.3M
Non Current Assets Total127.2M166.1M316.6M481.0M390.6M410.1M
Non Currrent Assets Other1.8M7.8M7.8M11.4M7.6M7.9M
Other Assets509K11.4M12.4M13.8M15.9M16.7M
Common Stock Total Equity138.7M147.6M159.4M217.9M250.6M263.2M
Common Stock159.4M217.9M269.2M445.3M474.4M498.1M
Property Plant And Equipment Net125.4M154.7M304.1M467.2M381.7M400.8M
Property Plant And Equipment Gross125.4M154.7M305.2M489.6M436.1M457.9M
Accumulated Other Comprehensive Income29.3M32.9M31.7M22.4M23.9M15.4M
Non Current Liabilities Total23.4M70.9M142.7M119.1M106.6M57.2M
Net Tangible Assets125.2M160.6M184.4M397.0M456.5M479.4M
Property Plant Equipment125.9M154.7M304.1M467.2M537.2M564.1M
Long Term Debt Total4.6M22.7M70.3M137.1M157.7M165.5M
Long Term Debt22.6M70.1M136.1M100.8M88.4M66.4M
Net Invested Capital147.1M230.7M345.8M542.8M488.9M318.2M
Net Working Capital20.7M65.4M10.6M35.1M116.5M122.3M
Short Long Term Debt Total22.7M70.4M162.8M149.0M91.3M91.8M
Other Liab836K610K28.4M15.9M18.3M10.2M
Capital Stock159.4M217.9M269.2M445.3M474.4M314.2M

Pair Trading with Orla Mining

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.

Moving against Orla Stock

  0.43INFM Infinico Metals CorpPairCorr
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.
Pair CorrelationCorrelation Matching
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 board of governors.
To learn how to invest in Orla Stock, please use our How to Invest in Orla Mining guide.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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.