Osisko Cost Of Revenue vs Interest Income Analysis

ODV Stock  USD 1.83  0.05  2.81%   
Osisko Development financial indicator trend analysis is much more than just breaking down Osisko Development Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Osisko Development Corp is a good investment. Please check the relationship between Osisko Development Cost Of Revenue and its Interest Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Osisko Development 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 unemployment.

Cost Of Revenue vs Interest Income

Cost Of Revenue vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Osisko Development Corp Cost Of Revenue account and Interest Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Osisko Development's Cost Of Revenue and Interest Income is 0.71. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Interest Income in the same time period over historical financial statements of Osisko Development Corp, assuming nothing else is changed. The correlation between historical values of Osisko Development's Cost Of Revenue and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Osisko Development Corp are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Cost Of Revenue i.e., Osisko Development's Cost Of Revenue and Interest Income go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Cost Of Revenue

Cost of Revenue is found on Osisko Development Corp income statement and represents the costs associated with goods and services Osisko Development provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Osisko Development's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Osisko Development 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 Osisko Development 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 unemployment.
Sales General And Administrative To Revenue is likely to climb to 1.66 in 2024, despite the fact that Tax Provision is likely to grow to (21.4 M).
 2021 2022 2023 2024 (projected)
Other Operating Expenses39.0M151.9M241.1M253.1M
Interest Expense749K5.8M13.4M8.2M

Osisko Development fundamental ratios Correlations

0.990.991.00.920.97-0.68-0.710.990.790.790.890.750.730.160.950.860.970.970.910.940.950.850.880.950.02
0.990.990.980.950.98-0.69-0.740.980.80.80.870.810.730.050.970.870.980.960.930.960.970.890.870.970.0
0.990.990.980.960.98-0.66-0.740.980.780.780.880.790.720.050.960.850.980.970.930.960.980.870.90.970.0
1.00.980.980.90.97-0.7-0.670.990.810.810.880.710.720.190.930.880.950.960.880.910.940.810.870.950.08
0.920.950.960.90.94-0.52-0.770.890.630.630.810.870.67-0.070.940.720.960.970.920.930.940.870.860.89-0.15
0.970.980.980.970.94-0.72-0.670.940.820.820.820.750.70.070.90.880.940.960.850.890.960.770.820.930.13
-0.68-0.69-0.66-0.7-0.52-0.720.14-0.7-0.97-0.97-0.7-0.25-0.260.08-0.54-0.95-0.53-0.54-0.45-0.54-0.64-0.42-0.52-0.74-0.65
-0.71-0.74-0.74-0.67-0.77-0.670.14-0.66-0.34-0.34-0.43-0.93-0.90.01-0.81-0.43-0.82-0.74-0.86-0.83-0.78-0.85-0.61-0.710.55
0.990.980.980.990.890.94-0.7-0.660.80.80.930.70.680.160.950.880.950.940.910.940.930.860.90.960.04
0.790.80.780.810.630.82-0.97-0.340.81.00.750.390.44-0.070.670.990.660.650.60.680.770.560.650.860.53
0.790.80.780.810.630.82-0.97-0.340.81.00.750.390.44-0.070.670.990.660.650.60.680.770.560.650.860.53
0.890.870.880.880.810.82-0.7-0.430.930.750.750.520.360.00.860.820.810.830.830.850.820.780.920.880.14
0.750.810.790.710.870.75-0.25-0.930.70.390.390.520.82-0.040.870.490.880.820.870.850.780.890.590.73-0.51
0.730.730.720.720.670.7-0.26-0.90.680.440.440.360.820.330.740.510.80.730.720.720.730.710.480.67-0.35
0.160.050.050.19-0.070.070.080.010.16-0.07-0.070.0-0.040.330.05-0.040.140.17-0.07-0.08-0.09-0.06-0.1-0.09-0.08
0.950.970.960.930.940.9-0.54-0.810.950.670.670.860.870.740.050.760.980.940.980.980.920.970.860.93-0.22
0.860.870.850.880.720.88-0.95-0.430.880.990.990.820.490.51-0.040.760.750.740.70.770.840.650.730.920.43
0.970.980.980.950.960.94-0.53-0.820.950.660.660.810.880.80.140.980.750.980.940.950.940.910.830.91-0.19
0.970.960.970.960.970.96-0.54-0.740.940.650.650.830.820.730.170.940.740.980.90.910.930.840.840.88-0.1
0.910.930.930.880.920.85-0.45-0.860.910.60.60.830.870.72-0.070.980.70.940.90.990.920.980.90.92-0.3
0.940.960.960.910.930.89-0.54-0.830.940.680.680.850.850.72-0.080.980.770.950.910.990.960.960.910.96-0.19
0.950.970.980.940.940.96-0.64-0.780.930.770.770.820.780.73-0.090.920.840.940.930.920.960.840.90.970.01
0.850.890.870.810.870.77-0.42-0.850.860.560.560.780.890.71-0.060.970.650.910.840.980.960.840.80.87-0.39
0.880.870.90.870.860.82-0.52-0.610.90.650.650.920.590.48-0.10.860.730.830.840.90.910.90.80.9-0.01
0.950.970.970.950.890.93-0.74-0.710.960.860.860.880.730.67-0.090.930.920.910.880.920.960.970.870.90.08
0.020.00.00.08-0.150.13-0.650.550.040.530.530.14-0.51-0.35-0.08-0.220.43-0.19-0.1-0.3-0.190.01-0.39-0.010.08
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Osisko Development Account Relationship Matchups

Osisko Development fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets397.3M802.1M703.1M968.2M763.9M666.4M
Other Current Liab5.8M21.2M16.5M25.5M22.3M16.8M
Total Current Liabilities12.5M42.8M41.9M51.0M45.8M35.6M
Total Stockholder Equity355.0M699.6M584.2M730.4M585.2M541.7M
Net Debt(8.0M)(195.4M)(19.8M)(86.9M)(24.9M)(26.1M)
Retained Earnings0.0(2.6M)(143.4M)(323.9M)(510.9M)(485.4M)
Accounts Payable6.7M13.6M11.8M18.1M10.6M11.1M
Cash8.0M197.4M33.4M105.9M43.5M71.2M
Cash And Short Term Investments8.0M197.4M33.4M105.9M43.5M71.2M
Net Receivables1.9M7.0M8.0M11.0M2.7M2.6M
Liabilities And Stockholders Equity397.3M802.1M703.1M968.2M763.9M666.4M
Other Current Assets6.7M4.0M1.5M6.6M14.3M15.1M
Other Stockholder Equity374.1M69K6.4M12.9M30.6M56.8M
Total Liab42.2M102.6M118.9M237.8M178.7M124.7M
Total Current Assets18.2M218.5M61.4M141.3M67.7M93.0M
Common Stock374.1M613.1M714.4M1.0B1.1B701.0M

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