Osisko Non Current Liabilities Total vs Gross Profit Margin Analysis

OR Stock  USD 18.29  0.15  0.81%   
Osisko Gold financial indicator trend analysis is much more than just breaking down Osisko Gold Ro prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Osisko Gold Ro is a good investment. Please check the relationship between Osisko Gold Non Current Liabilities Total and its Gross Profit Margin accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Osisko Gold Ro. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Non Current Liabilities Total vs Gross Profit Margin

Non Current Liabilities Total vs Gross Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Osisko Gold Ro Non Current Liabilities Total account and Gross Profit Margin. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Osisko Gold's Non Current Liabilities Total and Gross Profit Margin is -0.66. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of Osisko Gold Ro, assuming nothing else is changed. The correlation between historical values of Osisko Gold's Non Current Liabilities Total and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Osisko Gold Ro are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Non Current Liabilities Total i.e., Osisko Gold's Non Current Liabilities Total and Gross Profit Margin go up and down completely randomly.

Correlation Coefficient

-0.66
Relationship DirectionNegative 
Relationship StrengthWeak

Non Current Liabilities Total

Gross Profit Margin

Most indicators from Osisko Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Osisko Gold Ro 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 Gold Ro. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Osisko Gold's Tax Provision is relatively stable compared to the past year. As of 12/23/2024, Sales General And Administrative To Revenue is likely to grow to 0.19, while Selling General Administrative is likely to drop slightly above 23 M.

Osisko Gold fundamental ratios Correlations

0.660.510.990.320.38-0.30.60.11-0.020.780.250.310.510.380.450.560.430.940.210.40.10.270.930.960.59
0.660.710.65-0.27-0.35-0.210.89-0.090.350.350.05-0.35-0.020.460.890.84-0.040.62-0.23-0.36-0.150.260.630.760.37
0.510.710.43-0.06-0.19-0.180.58-0.150.260.11-0.11-0.210.030.090.610.69-0.130.59-0.19-0.12-0.170.830.440.590.49
0.990.650.430.320.36-0.310.60.1-0.020.750.260.30.490.410.450.530.450.870.190.380.080.160.950.950.48
0.32-0.27-0.060.320.730.09-0.40.610.020.130.210.850.51-0.3-0.47-0.240.390.260.490.740.630.220.220.1-0.05
0.38-0.35-0.190.360.73-0.36-0.480.18-0.50.380.080.950.78-0.06-0.61-0.220.620.340.320.840.320.120.360.210.16
-0.3-0.21-0.18-0.310.09-0.360.010.560.46-0.12-0.06-0.25-0.68-0.13-0.08-0.47-0.64-0.230.38-0.070.31-0.25-0.56-0.38-0.19
0.60.890.580.6-0.4-0.480.01-0.090.310.480.21-0.54-0.150.450.950.68-0.090.61-0.02-0.38-0.180.080.530.720.47
0.11-0.09-0.150.10.610.180.56-0.090.260.080.330.30.06-0.35-0.16-0.160.040.10.50.310.92-0.07-0.11-0.13-0.21
-0.020.350.26-0.020.02-0.50.460.310.26-0.190.11-0.29-0.38-0.130.370.2-0.36-0.02-0.03-0.280.140.08-0.11-0.02-0.16
0.780.350.110.750.130.38-0.120.480.08-0.190.280.230.430.420.230.220.390.830.410.390.09-0.090.670.740.74
0.250.05-0.110.260.210.08-0.060.210.330.110.280.120.49-0.160.220.180.690.260.220.140.54-0.040.240.140.06
0.31-0.35-0.210.30.850.95-0.25-0.540.3-0.290.230.120.71-0.08-0.64-0.270.570.250.290.780.420.110.290.120.01
0.51-0.020.030.490.510.78-0.68-0.150.06-0.380.430.490.71-0.13-0.180.270.930.490.150.60.350.280.590.390.29
0.380.460.090.41-0.3-0.06-0.130.45-0.35-0.130.42-0.16-0.08-0.130.320.1-0.070.32-0.27-0.27-0.46-0.280.370.50.22
0.450.890.610.45-0.47-0.61-0.080.95-0.160.370.230.22-0.64-0.180.320.78-0.080.44-0.15-0.54-0.20.160.440.590.3
0.560.840.690.53-0.24-0.22-0.470.68-0.160.20.220.18-0.270.270.10.780.230.54-0.3-0.2-0.060.460.620.630.36
0.43-0.04-0.130.450.390.62-0.64-0.090.04-0.360.390.690.570.93-0.07-0.080.230.370.130.470.340.060.560.330.14
0.940.620.590.870.260.34-0.230.610.1-0.020.830.260.250.490.320.440.540.370.30.350.130.410.810.910.78
0.21-0.23-0.190.190.490.320.38-0.020.5-0.030.410.220.290.15-0.27-0.15-0.30.130.30.410.46-0.120.030.080.25
0.4-0.36-0.120.380.740.84-0.07-0.380.31-0.280.390.140.780.6-0.27-0.54-0.20.470.350.410.370.170.330.20.2
0.1-0.15-0.170.080.630.320.31-0.180.920.140.090.540.420.35-0.46-0.2-0.060.340.130.460.370.03-0.06-0.15-0.16
0.270.260.830.160.220.12-0.250.08-0.070.08-0.09-0.040.110.28-0.280.160.460.060.41-0.120.170.030.220.270.39
0.930.630.440.950.220.36-0.560.53-0.11-0.110.670.240.290.590.370.440.620.560.810.030.33-0.060.220.940.47
0.960.760.590.950.10.21-0.380.72-0.13-0.020.740.140.120.390.50.590.630.330.910.080.2-0.150.270.940.63
0.590.370.490.48-0.050.16-0.190.47-0.21-0.160.740.060.010.290.220.30.360.140.780.250.2-0.160.390.470.63
Click cells to compare fundamentals

Osisko Gold Account Relationship Matchups

Osisko Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B2.4B2.4B2.0B2.0B1.7B
Other Current Liab21.1M39.4M32.7M16.1M16.2M20.1M
Total Current Liabilities27.9M109.5M346.3M17.9M20.5M19.4M
Total Stockholder Equity1.5B1.7B1.6B1.7B1.7B1.3B
Other Liab67.5M86.0M119.4M86.6M99.6M54.4M
Net Tangible Assets1.4B1.6B1.5B1.6B1.9B2.0B
Retained Earnings(249.7M)(174.5M)(283.0M)(463.6M)(554.7M)(527.0M)
Accounts Payable6.8M12.8M9.7M648K3.1M3.0M
Cash108.2M302.5M115.7M90.5M67.7M64.3M
Other Assets6.9M25.8M18.0M1.8M(41.4M)(39.4M)
Long Term Debt349.0M350.6M115.5M148.0M191.9M182.8M
Net Receivables6.3M1.0M1.4M2.0M4.1M4.0M
Common Stock Total Equity1.6B1.6B1.7B1.8B2.0B2.1B
Inventory1.7M10.0M18.6M1.013K12.4K
Other Current Assets3.5M18.1M17.3M12.2M4.0M7.4M
Other Stockholder Equity73.3M41.6M42.5M77.3M79.4M83.4M
Total Liab453.8M556.1M590.6M259.1M315.5M334.8M
Deferred Long Term Liab1.6M1.2M1.8M1.8M2.1M2.0M
Long Term Investments171.5M276.7M294.4M393.3M208.7M147.1M
Total Current Assets140.4M335.2M152.9M104.8M84.0M151.1M
Accumulated Other Comprehensive Income13.5M49.0M58.9M47.4M28.1M29.5M
Short Term Debt796K51.3M303.9M921K1.1M1.1M
Common Stock1.7B1.8B1.8B2.1B2.1B1.3B
Property Plant Equipment1.5B1.6B1.8B1.4B1.6B1.2B
Short Long Term Debt Total349.8M411.8M428.8M155.6M199.9M242.3M
Property Plant And Equipment Net386.6M532.0M639.3M6.9M7.1M6.8M
Net Debt240.8M109.3M313.1M65.0M132.2M138.8M
Non Current Assets Total1.8B2.1B2.2B1.9B1.9B1.8B
Non Currrent Assets Other1.1B1.1B1.2B1.3B1.6B818.3M
Cash And Short Term Investments128.9M306.0M115.7M90.5M75.9M72.1M
Common Stock Shares Outstanding151.3M162.4M167.6M180.4M185.2M141.9M
Liabilities And Stockholders Equity1.9B2.4B2.4B2.0B2.0B2.0B
Non Current Liabilities Total425.9M446.5M244.3M241.2M295.0M333.5M
Property Plant And Equipment Gross446.8M532.0M812.0M11.9M7.1M6.8M
Long Term Debt Total352.8M349.0M360.5M124.9M143.7M266.7M
Capital Surpluse21.2M37.6M41.6M42.5M48.9M27.9M

Pair Trading with Osisko Gold

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 Osisko Gold 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 Osisko Gold will appreciate offsetting losses from the drop in the long position's value.

Moving together with Osisko Stock

  0.83AG First Majestic SilverPairCorr
The ability to find closely correlated positions to Osisko Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Osisko Gold 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 Osisko Gold - 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 Osisko Gold Ro to buy it.
The correlation of Osisko Gold 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 Osisko Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Osisko Gold Ro 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 Osisko Gold 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

Additional Tools for Osisko Stock Analysis

When running Osisko Gold's price analysis, check to measure Osisko Gold's 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 Osisko Gold is operating at the current time. Most of Osisko Gold's value examination focuses on studying past and present price action to predict the probability of Osisko Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Osisko Gold's price. Additionally, you may evaluate how the addition of Osisko Gold to your portfolios can decrease your overall portfolio volatility.