Oroco Free Cash Flow Yield vs Capex To Depreciation Analysis

OCO Stock  CAD 0.32  0.01  3.23%   
Oroco Resource financial indicator trend analysis is much more than just breaking down Oroco Resource Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oroco Resource Corp is a good investment. Please check the relationship between Oroco Resource Free Cash Flow Yield and its Capex To Depreciation accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oroco Resource Corp. 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.

Free Cash Flow Yield vs Capex To Depreciation

Free Cash Flow Yield vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oroco Resource Corp Free Cash Flow Yield account and Capex To Depreciation. At this time, the significance of the direction appears to have no relationship.
The correlation between Oroco Resource's Free Cash Flow Yield and Capex To Depreciation is 0.01. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Oroco Resource Corp, assuming nothing else is changed. The correlation between historical values of Oroco Resource's Free Cash Flow Yield and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Oroco Resource Corp are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Free Cash Flow Yield i.e., Oroco Resource's Free Cash Flow Yield and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

0.01
Relationship DirectionPositive 
Relationship StrengthInsignificant

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Most indicators from Oroco Resource's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oroco Resource Corp 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 Oroco Resource Corp. 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.
Issuance Of Capital Stock is likely to climb to about 10.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.5 M in 2024.
 2023 2024 (projected)
Reconciled Depreciation296.4K311.2K
Research Development111.3K62.9K

Oroco Resource fundamental ratios Correlations

0.150.70.451.00.83-0.47-0.830.840.440.980.46-0.220.970.96-0.530.450.420.150.94-0.610.99-0.48-0.46-0.760.99
0.15-0.19-0.070.150.06-0.14-0.530.130.150.120.150.220.290.150.23-0.060.171.00.180.10.12-0.450.24-0.010.13
0.7-0.190.240.710.630.15-0.620.49-0.220.81-0.19-0.420.710.61-0.740.24-0.24-0.190.63-0.750.75-0.25-0.55-0.530.76
0.45-0.070.240.420.37-0.15-0.170.520.250.440.26-0.350.290.350.01.00.21-0.070.33-0.080.410.320.03-0.470.38
1.00.150.710.420.83-0.46-0.840.840.420.980.45-0.20.970.96-0.530.420.410.150.92-0.631.0-0.49-0.47-0.751.0
0.830.060.630.370.83-0.35-0.660.570.310.820.35-0.210.840.79-0.440.370.30.060.81-0.820.84-0.37-0.6-0.640.84
-0.47-0.140.15-0.15-0.46-0.350.3-0.56-0.99-0.28-0.99-0.14-0.43-0.620.16-0.15-0.99-0.14-0.49-0.08-0.450.4-0.060.34-0.42
-0.83-0.53-0.62-0.17-0.84-0.660.3-0.73-0.24-0.84-0.270.11-0.92-0.780.41-0.17-0.25-0.53-0.780.56-0.840.70.390.5-0.86
0.840.130.490.520.840.57-0.56-0.730.530.780.54-0.120.770.77-0.30.520.520.130.7-0.310.83-0.39-0.23-0.590.82
0.440.15-0.220.250.420.31-0.99-0.240.530.231.00.110.370.58-0.080.250.990.150.450.140.4-0.30.1-0.320.37
0.980.120.810.440.980.82-0.28-0.840.780.230.26-0.280.960.9-0.560.440.220.120.9-0.70.98-0.45-0.52-0.740.98
0.460.15-0.190.260.450.35-0.99-0.270.541.00.260.110.40.61-0.10.260.990.150.470.10.43-0.320.07-0.340.4
-0.220.22-0.42-0.35-0.2-0.21-0.140.11-0.120.11-0.280.11-0.17-0.150.5-0.350.210.22-0.180.21-0.21-0.130.150.01-0.22
0.970.290.710.290.970.84-0.43-0.920.770.370.960.4-0.170.94-0.530.290.370.290.91-0.680.97-0.6-0.51-0.680.98
0.960.150.610.350.960.79-0.62-0.780.770.580.90.61-0.150.94-0.560.350.570.150.92-0.550.96-0.52-0.41-0.720.95
-0.530.23-0.740.0-0.53-0.440.160.41-0.3-0.08-0.56-0.10.5-0.53-0.560.0-0.040.23-0.60.4-0.550.360.290.38-0.57
0.45-0.060.241.00.420.37-0.15-0.170.520.250.440.26-0.350.290.350.00.22-0.060.33-0.080.410.320.03-0.470.39
0.420.17-0.240.210.410.3-0.99-0.250.520.990.220.990.210.370.57-0.040.220.170.440.140.39-0.320.1-0.330.36
0.151.0-0.19-0.070.150.06-0.14-0.530.130.150.120.150.220.290.150.23-0.060.170.180.10.12-0.450.24-0.010.13
0.940.180.630.330.920.81-0.49-0.780.70.450.90.47-0.180.910.92-0.60.330.440.18-0.540.92-0.56-0.4-0.790.92
-0.610.1-0.75-0.08-0.63-0.82-0.080.56-0.310.14-0.70.10.21-0.68-0.550.4-0.080.140.1-0.54-0.660.260.890.42-0.68
0.990.120.750.411.00.84-0.45-0.840.830.40.980.43-0.210.970.96-0.550.410.390.120.92-0.66-0.49-0.49-0.741.0
-0.48-0.45-0.250.32-0.49-0.370.40.7-0.39-0.3-0.45-0.32-0.13-0.6-0.520.360.32-0.32-0.45-0.560.26-0.490.190.23-0.52
-0.460.24-0.550.03-0.47-0.6-0.060.39-0.230.1-0.520.070.15-0.51-0.410.290.030.10.24-0.40.89-0.490.190.3-0.51
-0.76-0.01-0.53-0.47-0.75-0.640.340.5-0.59-0.32-0.74-0.340.01-0.68-0.720.38-0.47-0.33-0.01-0.790.42-0.740.230.3-0.73
0.990.130.760.381.00.84-0.42-0.860.820.370.980.4-0.220.980.95-0.570.390.360.130.92-0.681.0-0.52-0.51-0.73
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Oroco Resource Account Relationship Matchups

Oroco Resource fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets28.5M54.9M77.6M80.1M84.8M89.0M
Total Current Liabilities1.4M1.2M4.1M2.9M3.1M1.6M
Total Stockholder Equity19.9M50.3M70.2M74.4M80.7M84.7M
Property Plant And Equipment Net27.4M32.9M53.0M3.8M82.3M86.5M
Net Debt(407.2K)(20.2M)(23.0M)(1.5M)(1.3M)(1.4M)
Retained Earnings(18.2M)(20.2M)(27.7M)(32.4M)(33.9M)(32.2M)
Accounts Payable265.4K584.0K3.5M2.5M1.6M1.7M
Cash407.2K20.2M23.0M1.5M829.0K787.5K
Non Current Assets Total27.6M33.2M53.1M78.0M83.4M87.6M
Cash And Short Term Investments407.2K20.2M23.0M1.5M1.7M1.6M
Net Receivables360.1K828.4K839.5K60.3K97.4K92.5K
Common Stock Shares Outstanding113.0M173.4M194.2M208.0M243.3M255.4M
Liabilities And Stockholders Equity28.5M54.9M77.6M80.1M92.1M96.7M
Other Current Assets118.9K702.2K603.0K560.6K644.7K676.9K
Other Stockholder Equity3.1M138.7K12.6M(1.0)(0.9)(0.85)
Total Liab1.4M1.2M4.1M2.9M3.2M1.6M
Total Current Assets886.2K21.7M24.5M2.1M1.3M1.3M
Accumulated Other Comprehensive Income3.1M6.6M12.6M15.3M17.6M18.5M
Net Tangible Assets19.9M50.3M70.2M74.4M85.5M89.8M
Long Term Investments215.0K271.0K168.0K28.0K19.6K18.6K
Common Stock35.1M63.8M85.3M91.4M105.2M110.4M
Property Plant Equipment27.4M32.9M53.0M76.8M88.4M92.8M
Net Invested Capital19.9M50.3M70.2M74.4M80.7M41.8M
Net Working Capital(519.9K)20.6M20.4M(815.6K)(1.8M)(1.7M)
Property Plant And Equipment Gross27.4M33.0M53.3M77.6M83.5M50.7M
Capital Stock35.1M63.8M85.3M91.4M98.2M72.2M

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