Opus Net Invested Capital vs Net Tangible Assets Analysis

OOR Stock

CAD 0.04 0.01 10.00%

Opus One financial indicator trend analysis is much more than just breaking down Opus One Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Opus One Resources is a good investment. Please check the relationship between Opus One Net Invested Capital and its Net Tangible Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Opus One Resources. 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.

Net Invested Capital vs Net Tangible Assets

Net Invested Capital vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Opus One Resources Net Invested Capital account and Net Tangible Assets. At this time, the significance of the direction appears to have weak relationship.

The correlation between Opus One's Net Invested Capital and Net Tangible Assets is 0.37. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Opus One Resources, assuming nothing else is changed. The correlation between historical values of Opus One's Net Invested Capital and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Opus One Resources are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Net Invested Capital i.e., Opus One's Net Invested Capital and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.37

Relationship Direction	Positive
Relationship Strength	Very Weak

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Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Most indicators from Opus One's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Opus One Resources 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 Opus One Resources. 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.

Selling General Administrative is likely to climb to about 416.2 K in 2024. Issuance Of Capital Stock is likely to climb to about 605.3 K in 2024

Opus One fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Other Current Assets	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock	Property Plant And Equipment Net	Capital Lease Obligations	Property Plant And Equipment Gross	Net Debt	Short Long Term Debt
Total Assets		0.81	0.32	0.96	0.95	-0.14	0.03	0.6	0.0	0.33	0.33	0.55	0.32	0.47	-0.02	0.68	0.38	0.14	0.52	0.16	0.14	0.5	0.19	0.23	-0.02	-0.02
Other Current Liab	0.81		0.66	0.65	0.68	-0.44	0.4	0.49	-0.45	0.58	0.67	0.35	0.52	0.51	-0.03	0.65	0.47	0.37	0.25	-0.05	0.33	0.28	-0.02	0.01	-0.03	-0.03
Total Current Liabilities	0.32	0.66		0.03	0.36	-0.84	0.65	0.04	-0.72	0.94	1.0	-0.14	0.91	0.75	-0.27	0.49	0.65	0.9	-0.42	-0.51	0.83	-0.27	-0.64	-0.67	-0.27	-0.27
Total Stockholder Equity	0.96	0.65	0.03		0.89	0.11	-0.17	0.63	0.23	0.06	0.04	0.62	0.05	0.26	0.06	0.56	0.2	-0.14	0.68	0.33	-0.11	0.61	0.4	0.45	0.06	0.06
Net Tangible Assets	0.95	0.68	0.36	0.89		-0.18	-0.1	0.57	0.06	0.4	0.37	0.52	0.41	0.55	-0.1	0.62	0.44	0.28	0.37	0.09	0.28	0.33	0.04	0.05	-0.1	-0.1
Retained Earnings	-0.14	-0.44	-0.84	0.11	-0.18		-0.59	0.37	0.72	-0.86	-0.84	0.53	-0.88	-0.79	0.47	-0.6	-0.74	-0.84	0.62	0.82	-0.81	0.23	0.81	0.79	0.47	0.47
Accounts Payable	0.03	0.4	0.65	-0.17	-0.1	-0.59		-0.18	-0.63	0.55	0.65	-0.31	0.51	0.35	-0.16	0.32	0.34	0.44	-0.2	-0.3	0.42	-0.07	-0.36	-0.35	-0.16	-0.16
Cash	0.6	0.49	0.04	0.63	0.57	0.37	-0.18		0.24	-0.11	0.04	0.97	-0.2	-0.24	0.27	-0.15	-0.28	-0.16	0.65	0.75	-0.2	0.11	0.43	0.42	0.27	0.27
Net Receivables	0.0	-0.45	-0.72	0.23	0.06	0.72	-0.63	0.24		-0.7	-0.72	0.45	-0.65	-0.53	0.23	-0.37	-0.38	-0.64	0.42	0.54	-0.6	0.1	0.46	0.47	0.23	0.23
Other Stockholder Equity	0.33	0.58	0.94	0.06	0.4	-0.86	0.55	-0.11	-0.7		0.95	-0.27	0.94	0.87	-0.26	0.63	0.66	0.94	-0.4	-0.62	0.87	-0.08	-0.64	-0.68	-0.26	-0.26
Total Liab	0.33	0.67	1.0	0.04	0.37	-0.84	0.65	0.04	-0.72	0.95		-0.14	0.91	0.76	-0.27	0.51	0.65	0.9	-0.41	-0.51	0.83	-0.25	-0.64	-0.67	-0.27	-0.27
Total Current Assets	0.55	0.35	-0.14	0.62	0.52	0.53	-0.31	0.97	0.45	-0.27	-0.14		-0.35	-0.35	0.35	-0.22	-0.36	-0.32	0.71	0.83	-0.35	0.16	0.54	0.53	0.35	0.35
Common Stock	0.32	0.52	0.91	0.05	0.41	-0.88	0.51	-0.2	-0.65	0.94	0.91	-0.35		0.91	-0.43	0.66	0.83	0.91	-0.53	-0.71	0.9	-0.21	-0.7	-0.73	-0.43	-0.43
Property Plant Equipment	0.47	0.51	0.75	0.26	0.55	-0.79	0.35	-0.24	-0.53	0.87	0.76	-0.35	0.91		-0.24	0.84	0.84	0.77	-0.35	-0.69	0.73	0.11	-0.5	-0.52	-0.24	-0.24
Other Current Assets	-0.02	-0.03	-0.27	0.06	-0.1	0.47	-0.16	0.27	0.23	-0.26	-0.27	0.35	-0.43	-0.24		-0.2	-0.35	-0.41	0.42	0.47	-0.63	0.39	0.71	0.62	1.0	1.0
Non Current Assets Total	0.68	0.65	0.49	0.56	0.62	-0.6	0.32	-0.15	-0.37	0.63	0.51	-0.22	0.66	0.84	-0.2		0.75	0.41	0.04	-0.5	0.42	0.51	-0.16	-0.13	-0.2	-0.2
Non Currrent Assets Other	0.38	0.47	0.65	0.2	0.44	-0.74	0.34	-0.28	-0.38	0.66	0.65	-0.36	0.83	0.84	-0.35	0.75		0.57	-0.44	-0.67	0.59	-0.13	-0.48	-0.48	-0.35	-0.35
Common Stock Shares Outstanding	0.14	0.37	0.9	-0.14	0.28	-0.84	0.44	-0.16	-0.64	0.94	0.9	-0.32	0.91	0.77	-0.41	0.41	0.57		-0.58	-0.65	0.95	-0.34	-0.81	-0.86	-0.41	-0.41
Net Invested Capital	0.52	0.25	-0.42	0.68	0.37	0.62	-0.2	0.65	0.42	-0.4	-0.41	0.71	-0.53	-0.35	0.42	0.04	-0.44	-0.58		0.81	-0.59	0.7	0.81	0.84	0.42	0.42
Net Working Capital	0.16	-0.05	-0.51	0.33	0.09	0.82	-0.3	0.75	0.54	-0.62	-0.51	0.83	-0.71	-0.69	0.47	-0.5	-0.67	-0.65	0.81		-0.66	0.22	0.76	0.75	0.47	0.47
Capital Stock	0.14	0.33	0.83	-0.11	0.28	-0.81	0.42	-0.2	-0.6	0.87	0.83	-0.35	0.9	0.73	-0.63	0.42	0.59	0.95	-0.59	-0.66		-0.38	-0.85	-0.87	-0.63	-0.63
Property Plant And Equipment Net	0.5	0.28	-0.27	0.61	0.33	0.23	-0.07	0.11	0.1	-0.08	-0.25	0.16	-0.21	0.11	0.39	0.51	-0.13	-0.34	0.7	0.22	-0.38		0.61	0.65	0.39	0.39
Capital Lease Obligations	0.19	-0.02	-0.64	0.4	0.04	0.81	-0.36	0.43	0.46	-0.64	-0.64	0.54	-0.7	-0.5	0.71	-0.16	-0.48	-0.81	0.81	0.76	-0.85	0.61		0.99	0.71	0.71
Property Plant And Equipment Gross	0.23	0.01	-0.67	0.45	0.05	0.79	-0.35	0.42	0.47	-0.68	-0.67	0.53	-0.73	-0.52	0.62	-0.13	-0.48	-0.86	0.84	0.75	-0.87	0.65	0.99		0.62	0.62
Net Debt	-0.02	-0.03	-0.27	0.06	-0.1	0.47	-0.16	0.27	0.23	-0.26	-0.27	0.35	-0.43	-0.24	1.0	-0.2	-0.35	-0.41	0.42	0.47	-0.63	0.39	0.71	0.62		1.0
Short Long Term Debt	-0.02	-0.03	-0.27	0.06	-0.1	0.47	-0.16	0.27	0.23	-0.26	-0.27	0.35	-0.43	-0.24	1.0	-0.2	-0.35	-0.41	0.42	0.47	-0.63	0.39	0.71	0.62	1.0

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Opus One Account Relationship Matchups

Opus One fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.5M	4.0M	2.8M	1.8M	2.1M	3.0M
Other Current Liab	604.8K	262.5K	327.1K	84.2K	96.9K	191.7K
Total Current Liabilities	744.6K	359.4K	620.4K	626.3K	720.3K	367.0K
Total Stockholder Equity	3.8M	3.7M	2.2M	1.2M	1.4M	2.6M
Net Tangible Assets	1.8M	3.8M	3.7M	2.2M	2.5M	2.7M
Retained Earnings	(16.6M)	(16.8M)	(18.5M)	(20.0M)	(18.0M)	(18.9M)
Accounts Payable	117.8K	48.3K	182.3K	85.7K	98.5K	91.3K
Cash	2.2M	437.0K	33.5K	164.6K	148.1K	140.7K
Net Receivables	95.5K	122.7K	192.4K	146.6K	132.0K	205.8K
Total Liab	744.6K	381.7K	620.4K	626.3K	720.3K	369.4K
Total Current Assets	2.3M	634.7K	185.8K	254.8K	229.3K	217.8K
Common Stock	17.2M	19.2M	19.3M	19.5M	22.4M	18.8M
Property Plant Equipment	1.9M	2.3M	3.4M	2.6M	3.0M	2.2M
Non Current Assets Total	2.3M	3.4M	2.6M	1.6M	1.8M	2.4M
Common Stock Shares Outstanding	117.1M	118.9M	122.6M	157.7M	181.3M	111.2M
Net Invested Capital	3.8M	3.7M	2.2M	1.2M	1.1M	2.1M
Net Working Capital	1.5M	275.3K	(434.6K)	(371.5K)	(334.4K)	(317.7K)
Capital Stock	19.2M	19.3M	19.5M	20.0M	23.0M	20.6M

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