Orezone Financial Statements From 2010 to 2024

ORE Stock   0.71  0.06  9.23%   
Orezone Gold financial statements provide useful quarterly and yearly information to potential Orezone Gold Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Orezone Gold financial statements helps investors assess Orezone Gold's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Orezone Gold's valuation are summarized below:
Gross Profit
19.4 M
Profit Margin
0.1143
Market Capitalization
302.7 M
Enterprise Value Revenue
0.9466
Revenue
259.3 M
We have found one hundred twenty available trending fundamental ratios for Orezone Gold Corp, which can be analyzed and compared to other ratios and to its competitors. Self-guided Investors are advised to check out Orezone Gold's recent fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 29th of November 2024, Market Cap is likely to grow to about 241.9 M. Also, Enterprise Value is likely to grow to about 319.5 M

Orezone Gold Total Revenue

285.07 Million

Check Orezone Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Orezone Gold's main balance sheet or income statement drivers, such as Depreciation And Amortization of 31.1 M, Interest Expense of 15.6 M or Total Revenue of 285.1 M, as well as many indicators such as Price To Sales Ratio of 0.81, Dividend Yield of 0.0 or PTB Ratio of 1.47. Orezone financial statements analysis is a perfect complement when working with Orezone Gold Valuation or Volatility modules.
  
This module can also supplement various Orezone Gold Technical models . Check out the analysis of Orezone Gold Correlation against competitors.

Orezone Gold Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets336.1 M320.1 M83.9 M
Slightly volatile
Other Current Liabilities22.6 M21.5 MM
Slightly volatile
Total Current Liabilities87.6 M83.4 M18.7 M
Slightly volatile
Total Stockholder Equity156.3 M148.9 M44 M
Slightly volatile
Property Plant And Equipment Net202.8 M193.2 M47.6 M
Slightly volatile
Accounts Payable22.9 M21.8 M5.5 M
Slightly volatile
Cash16.8 M19.5 M15.3 M
Pretty Stable
Non Current Assets Total280.5 M267.2 M61.5 M
Slightly volatile
Other Assets45.2 M43 M11.1 M
Slightly volatile
Cash And Short Term Investments16.8 M19.5 M15.3 M
Pretty Stable
Net Receivables971.2 K925 K544.1 K
Slightly volatile
Common Stock Shares Outstanding386.7 M368.3 M188.6 M
Slightly volatile
Liabilities And Stockholders Equity336.1 M320.1 M83.9 M
Slightly volatile
Other Current Assets19.8 M18.8 M3.2 M
Slightly volatile
Total Liabilities182.4 M173.7 M43.2 M
Slightly volatile
Total Current Assets55.6 M52.9 M22.4 M
Slightly volatile
Accumulated Other Comprehensive Income647.9 K682 K11.2 M
Very volatile
Inventory14.3 M13.7 MM
Slightly volatile
Short and Long Term Debt Total98.1 M93.4 M24.2 M
Slightly volatile
Short Term Investments971.2 K925 K207.3 K
Slightly volatile
Common Stock212.7 M306.9 M186 M
Slightly volatile
Property Plant Equipment221.4 M210.8 M49.2 M
Slightly volatile
Net Tangible Assets48.9 M91 M44.8 M
Slightly volatile
Capital Surpluse5.8 M6.3 M5.3 M
Slightly volatile
Net Invested Capital253.5 M241.4 M79.6 M
Slightly volatile
Long Term Investments34.2 K36 K329.2 K
Pretty Stable
Capital Stock268.3 M306.9 M220.4 M
Slightly volatile
Capital Lease Obligations628.8 K851 K370.9 K
Slightly volatile
Property Plant And Equipment Gross122.5 M236.7 M50.8 M
Slightly volatile
Other Liabilities15.8 M16.6 M20.2 M
Slightly volatile
Long Term Debt75.9 M72.4 M52.5 M
Slightly volatile
Deferred Long Term LiabilitiesM3.3 M3.6 M
Slightly volatile
Non Current Liabilities Other5.5 M6.7 M7.4 M
Slightly volatile
Short and Long Term Debt21.3 M20.2 M31.4 M
Slightly volatile

Orezone Gold Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization31.1 M29.6 M4.7 M
Slightly volatile
Interest Expense15.6 M14.8 M2.2 M
Slightly volatile
Other Operating Expenses199.1 M189.6 M40.4 M
Slightly volatile
Total Operating Expenses47.2 M44.9 M18.9 M
Slightly volatile
Selling General Administrative5.2 M7.3 M5.1 M
Slightly volatile
Interest Income768.5 K809 K898.1 K
Slightly volatile
Cost Of Revenue151.9 M144.6 M22.3 M
Slightly volatile
Reconciled Depreciation31.3 M29.8 M4.6 M
Slightly volatile
Selling And Marketing Expenses6.2 MM7.6 M
Slightly volatile

Orezone Gold Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow14.2 M9.2 M17.9 M
Pretty Stable
Depreciation44.2 M42.1 M6.5 M
Slightly volatile
Capital Expenditures46.8 M44.5 M18.9 M
Slightly volatile
End Period Cash Flow16.8 M19.5 M15.3 M
Pretty Stable
Stock Based Compensation1.5 M2.2 M1.4 M
Very volatile
Other Cashflows From Investing Activities65.8 K69.2 K167.6 K
Pretty Stable
Issuance Of Capital Stock21.2 M10.9 M30.2 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.810.8487324.2 K
Slightly volatile
PTB Ratio1.471.54775.4228
Very volatile
Days Sales Outstanding1.361.43M
Slightly volatile
Book Value Per Share0.550.40710.2107
Pretty Stable
Average Payables11.2 M10.7 M4.6 M
Slightly volatile
Stock Based Compensation To Revenue0.00760.00810.038
Slightly volatile
Capex To Depreciation1.01.0573200
Slightly volatile
PB Ratio1.471.54775.4228
Very volatile
EV To Sales1.061.1209298.6 K
Slightly volatile
Inventory Turnover11.1110.58562.2701
Slightly volatile
Days Of Inventory On Hand32.7634.4807361
Slightly volatile
Payables Turnover6.976.63681.0856
Slightly volatile
Sales General And Administrative To Revenue0.02560.0270.1496
Slightly volatile
Average Inventory6.2 M5.9 M2.7 M
Slightly volatile
Capex To Revenue0.160.164124.3 K
Slightly volatile
Cash Per Share0.05150.05420.1008
Slightly volatile
Days Payables Outstanding52.2554.99653.7 K
Very volatile
Income Quality1.691.61111.3805
Very volatile
Current Ratio0.60.634410.7257
Slightly volatile
Tangible Book Value Per Share0.550.40710.2107
Pretty Stable
Receivables Turnover277264271
Slightly volatile
Graham Number0.541.05730.6078
Pretty Stable
Shareholders Equity Per Share0.550.4140.2227
Pretty Stable
Debt To Equity0.480.62170.7068
Slightly volatile
Capex Per Share0.210.12390.069
Slightly volatile
Average Receivables148.1 K141 K75.3 K
Slightly volatile
Revenue Per Share0.790.75510.2083
Slightly volatile
Interest Debt Per Share0.310.29870.0755
Slightly volatile
Debt To Assets0.190.28910.3082
Pretty Stable
Short Term Coverage Ratios4.163.95950.7142
Slightly volatile
Operating Cycle33.9435.7243155
Slightly volatile
Price Book Value Ratio1.471.54775.4228
Very volatile
Days Of Payables Outstanding52.2554.99653.7 K
Very volatile
Operating Profit Margin0.290.301716.2 K
Slightly volatile
Company Equity Multiplier2.262.15011.4522
Slightly volatile
Long Term Debt To Capitalization0.220.32710.3829
Pretty Stable
Total Debt To Capitalization0.250.38340.3938
Pretty Stable
Debt Equity Ratio0.480.62170.7068
Slightly volatile
Ebit Per Revenue0.290.301716.2 K
Slightly volatile
Quick Ratio0.450.470610.3113
Slightly volatile
Net Income Per E B T0.510.68651.0015
Pretty Stable
Cash Ratio0.220.23369.9598
Slightly volatile
Days Of Inventory Outstanding32.7634.4807361
Slightly volatile
Days Of Sales Outstanding1.361.43M
Slightly volatile
Price To Book Ratio1.471.54775.4228
Very volatile
Fixed Asset Turnover1.481.40530.3819
Slightly volatile
Debt Ratio0.190.28910.3082
Pretty Stable
Price Sales Ratio0.810.8487324.2 K
Slightly volatile
Asset Turnover0.890.84820.2536
Slightly volatile
Gross Profit Margin0.340.46720.3863
Pretty Stable
Price Fair Value1.471.54775.4228
Very volatile

Orezone Gold Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap241.9 M230.4 M134.1 M
Slightly volatile
Enterprise Value319.5 M304.3 M142.6 M
Slightly volatile

Orezone Fundamental Market Drivers

Forward Price Earnings2.6185
Cash And Short Term Investments19.5 M

About Orezone Gold Financial Statements

Orezone Gold investors utilize fundamental indicators, such as revenue or net income, to predict how Orezone Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Total Revenue271.5 M285.1 M
Cost Of Revenue144.6 M151.9 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.03  0.03 
Capex To Revenue 0.16  0.16 
Revenue Per Share 0.76  0.79 
Ebit Per Revenue 0.30  0.29 

Pair Trading with Orezone 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 Orezone 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 Orezone Gold will appreciate offsetting losses from the drop in the long position's value.

Moving against Orezone Stock

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The ability to find closely correlated positions to Orezone 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 Orezone 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 Orezone 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 Orezone Gold Corp to buy it.
The correlation of Orezone 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 Orezone Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Orezone Gold Corp 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 Orezone 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

Other Information on Investing in Orezone Stock

Orezone Gold financial ratios help investors to determine whether Orezone Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Orezone with respect to the benefits of owning Orezone Gold security.