Osisko Net Debt vs Asset Turnover Analysis

ODV Stock

USD 1.82 0.01 0.55%

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 Net Debt and its Asset Turnover 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.

Net Debt vs Asset Turnover

Net Debt vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Osisko Development Corp Net Debt account and Asset Turnover. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Osisko Development's Net Debt and Asset Turnover is -0.3. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Asset Turnover 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 Net Debt and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Osisko Development Corp are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Net Debt i.e., Osisko Development's Net Debt and Asset Turnover go up and down completely randomly.

Correlation Coefficient

-0.3

Relationship Direction	Negative
Relationship Strength	Insignificant

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

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

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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

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