Osisko Depreciation And Amortization vs Income Tax Expense Analysis

ODV Stock

USD 1.82 0.05 2.67%

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 Depreciation And Amortization and its Income Tax Expense 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.

Depreciation And Amortization vs Income Tax Expense

Depreciation And Amortization vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Osisko Development Corp Depreciation And Amortization account and Income Tax Expense. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Osisko Development's Depreciation And Amortization and Income Tax Expense is -0.06. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Income Tax Expense 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 Depreciation And Amortization and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Osisko Development Corp are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Depreciation And Amortization i.e., Osisko Development's Depreciation And Amortization and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

-0.06

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Income Tax Expense

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 Expenses	39.0M	151.9M	241.1M	253.1M
Interest Expense	749K	5.8M	13.4M	8.2M

Other Operating Expenses Interest Expense

Osisko Development fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Inventory	Net Invested Capital	Long Term Investments
Total Assets		0.99	0.99	1.0	0.92	0.97	-0.68	-0.71	0.99	0.79	0.79	0.89	0.75	0.73	0.16	0.95	0.86	0.97	0.97	0.91	0.94	0.95	0.85	0.88	0.95	0.02
Other Current Liab	0.99		0.99	0.98	0.95	0.98	-0.69	-0.74	0.98	0.8	0.8	0.87	0.81	0.73	0.05	0.97	0.87	0.98	0.96	0.93	0.96	0.97	0.89	0.87	0.97	0.0
Total Current Liabilities	0.99	0.99		0.98	0.96	0.98	-0.66	-0.74	0.98	0.78	0.78	0.88	0.79	0.72	0.05	0.96	0.85	0.98	0.97	0.93	0.96	0.98	0.87	0.9	0.97	0.0
Total Stockholder Equity	1.0	0.98	0.98		0.9	0.97	-0.7	-0.67	0.99	0.81	0.81	0.88	0.71	0.72	0.19	0.93	0.88	0.95	0.96	0.88	0.91	0.94	0.81	0.87	0.95	0.08
Other Liab	0.92	0.95	0.96	0.9		0.94	-0.52	-0.77	0.89	0.63	0.63	0.81	0.87	0.67	-0.07	0.94	0.72	0.96	0.97	0.92	0.93	0.94	0.87	0.86	0.89	-0.15
Net Tangible Assets	0.97	0.98	0.98	0.97	0.94		-0.72	-0.67	0.94	0.82	0.82	0.82	0.75	0.7	0.07	0.9	0.88	0.94	0.96	0.85	0.89	0.96	0.77	0.82	0.93	0.13
Net Debt	-0.68	-0.69	-0.66	-0.7	-0.52	-0.72		0.14	-0.7	-0.97	-0.97	-0.7	-0.25	-0.26	0.08	-0.54	-0.95	-0.53	-0.54	-0.45	-0.54	-0.64	-0.42	-0.52	-0.74	-0.65
Retained Earnings	-0.71	-0.74	-0.74	-0.67	-0.77	-0.67	0.14		-0.66	-0.34	-0.34	-0.43	-0.93	-0.9	0.01	-0.81	-0.43	-0.82	-0.74	-0.86	-0.83	-0.78	-0.85	-0.61	-0.71	0.55
Accounts Payable	0.99	0.98	0.98	0.99	0.89	0.94	-0.7	-0.66		0.8	0.8	0.93	0.7	0.68	0.16	0.95	0.88	0.95	0.94	0.91	0.94	0.93	0.86	0.9	0.96	0.04
Cash	0.79	0.8	0.78	0.81	0.63	0.82	-0.97	-0.34	0.8		1.0	0.75	0.39	0.44	-0.07	0.67	0.99	0.66	0.65	0.6	0.68	0.77	0.56	0.65	0.86	0.53
Cash And Short Term Investments	0.79	0.8	0.78	0.81	0.63	0.82	-0.97	-0.34	0.8	1.0		0.75	0.39	0.44	-0.07	0.67	0.99	0.66	0.65	0.6	0.68	0.77	0.56	0.65	0.86	0.53
Net Receivables	0.89	0.87	0.88	0.88	0.81	0.82	-0.7	-0.43	0.93	0.75	0.75		0.52	0.36	0.0	0.86	0.82	0.81	0.83	0.83	0.85	0.82	0.78	0.92	0.88	0.14
Common Stock Shares Outstanding	0.75	0.81	0.79	0.71	0.87	0.75	-0.25	-0.93	0.7	0.39	0.39	0.52		0.82	-0.04	0.87	0.49	0.88	0.82	0.87	0.85	0.78	0.89	0.59	0.73	-0.51
Other Current Assets	0.73	0.73	0.72	0.72	0.67	0.7	-0.26	-0.9	0.68	0.44	0.44	0.36	0.82		0.33	0.74	0.51	0.8	0.73	0.72	0.72	0.73	0.71	0.48	0.67	-0.35
Other Stockholder Equity	0.16	0.05	0.05	0.19	-0.07	0.07	0.08	0.01	0.16	-0.07	-0.07	0.0	-0.04	0.33		0.05	-0.04	0.14	0.17	-0.07	-0.08	-0.09	-0.06	-0.1	-0.09	-0.08
Total Liab	0.95	0.97	0.96	0.93	0.94	0.9	-0.54	-0.81	0.95	0.67	0.67	0.86	0.87	0.74	0.05		0.76	0.98	0.94	0.98	0.98	0.92	0.97	0.86	0.93	-0.22
Total Current Assets	0.86	0.87	0.85	0.88	0.72	0.88	-0.95	-0.43	0.88	0.99	0.99	0.82	0.49	0.51	-0.04	0.76		0.75	0.74	0.7	0.77	0.84	0.65	0.73	0.92	0.43
Common Stock	0.97	0.98	0.98	0.95	0.96	0.94	-0.53	-0.82	0.95	0.66	0.66	0.81	0.88	0.8	0.14	0.98	0.75		0.98	0.94	0.95	0.94	0.91	0.83	0.91	-0.19
Property Plant Equipment	0.97	0.96	0.97	0.96	0.97	0.96	-0.54	-0.74	0.94	0.65	0.65	0.83	0.82	0.73	0.17	0.94	0.74	0.98		0.9	0.91	0.93	0.84	0.84	0.88	-0.1
Property Plant And Equipment Net	0.91	0.93	0.93	0.88	0.92	0.85	-0.45	-0.86	0.91	0.6	0.6	0.83	0.87	0.72	-0.07	0.98	0.7	0.94	0.9		0.99	0.92	0.98	0.9	0.92	-0.3
Non Current Assets Total	0.94	0.96	0.96	0.91	0.93	0.89	-0.54	-0.83	0.94	0.68	0.68	0.85	0.85	0.72	-0.08	0.98	0.77	0.95	0.91	0.99		0.96	0.96	0.91	0.96	-0.19
Non Currrent Assets Other	0.95	0.97	0.98	0.94	0.94	0.96	-0.64	-0.78	0.93	0.77	0.77	0.82	0.78	0.73	-0.09	0.92	0.84	0.94	0.93	0.92	0.96		0.84	0.9	0.97	0.01
Non Current Liabilities Total	0.85	0.89	0.87	0.81	0.87	0.77	-0.42	-0.85	0.86	0.56	0.56	0.78	0.89	0.71	-0.06	0.97	0.65	0.91	0.84	0.98	0.96	0.84		0.8	0.87	-0.39
Inventory	0.88	0.87	0.9	0.87	0.86	0.82	-0.52	-0.61	0.9	0.65	0.65	0.92	0.59	0.48	-0.1	0.86	0.73	0.83	0.84	0.9	0.91	0.9	0.8		0.9	-0.01
Net Invested Capital	0.95	0.97	0.97	0.95	0.89	0.93	-0.74	-0.71	0.96	0.86	0.86	0.88	0.73	0.67	-0.09	0.93	0.92	0.91	0.88	0.92	0.96	0.97	0.87	0.9		0.08
Long Term Investments	0.02	0.0	0.0	0.08	-0.15	0.13	-0.65	0.55	0.04	0.53	0.53	0.14	-0.51	-0.35	-0.08	-0.22	0.43	-0.19	-0.1	-0.3	-0.19	0.01	-0.39	-0.01	0.08

Click cells to compare fundamentals

Osisko Development Account Relationship Matchups

Osisko Development fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	397.3M	802.1M	703.1M	968.2M	763.9M	666.4M
Other Current Liab	5.8M	21.2M	16.5M	25.5M	22.3M	16.8M
Total Current Liabilities	12.5M	42.8M	41.9M	51.0M	45.8M	35.6M
Total Stockholder Equity	355.0M	699.6M	584.2M	730.4M	585.2M	541.7M
Net Debt	(8.0M)	(195.4M)	(19.8M)	(86.9M)	(24.9M)	(26.1M)
Retained Earnings	0.0	(2.6M)	(143.4M)	(323.9M)	(510.9M)	(485.4M)
Accounts Payable	6.7M	13.6M	11.8M	18.1M	10.6M	11.1M
Cash	8.0M	197.4M	33.4M	105.9M	43.5M	71.2M
Cash And Short Term Investments	8.0M	197.4M	33.4M	105.9M	43.5M	71.2M
Net Receivables	1.9M	7.0M	8.0M	11.0M	2.7M	2.6M
Liabilities And Stockholders Equity	397.3M	802.1M	703.1M	968.2M	763.9M	666.4M
Other Current Assets	6.7M	4.0M	1.5M	6.6M	14.3M	15.1M
Other Stockholder Equity	374.1M	69K	6.4M	12.9M	30.6M	56.8M
Total Liab	42.2M	102.6M	118.9M	237.8M	178.7M	124.7M
Total Current Assets	18.2M	218.5M	61.4M	141.3M	67.7M	93.0M
Common Stock	374.1M	613.1M	714.4M	1.0B	1.1B	701.0M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Osisko Stock Analysis

When running Osisko Development's price analysis, check to measure Osisko Development'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 Development is operating at the current time. Most of Osisko Development's value examination focuses on studying past and present price action to predict the probability of Osisko Development'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 Development's price. Additionally, you may evaluate how the addition of Osisko Development to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC