Oroco Ptb Ratio vs Price To Sales Ratio 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 Ptb Ratio and its Price To Sales Ratio 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.

Ptb Ratio vs Price To Sales Ratio

Ptb Ratio vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oroco Resource Corp Ptb Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have very week relationship.
The correlation between Oroco Resource's Ptb Ratio and Price To Sales Ratio is 0.23. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Price To Sales Ratio 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 Ptb Ratio and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Oroco Resource Corp are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Ptb Ratio i.e., Oroco Resource's Ptb Ratio and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Oroco Resource Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Oroco Resource sales, a figure that is much harder to manipulate than other Oroco Resource Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
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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