Orla Property Plant And Equipment Net vs Total Stockholder Equity 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 Property Plant And Equipment Net and its Total Stockholder Equity 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.

Property Plant And Equipment Net vs Total Stockholder Equity

Property Plant And Equipment Net vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orla Mining Property Plant And Equipment Net account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Orla Mining's Property Plant And Equipment Net and Total Stockholder Equity is 0.97. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Stockholder Equity 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 Property Plant And Equipment Net and Total Stockholder Equity 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 Orla Mining are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Property Plant And Equipment Net i.e., Orla Mining's Property Plant And Equipment Net and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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 12th 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 Commodity Directory module to find actively traded commodities issued by global exchanges.
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.