OIII Common Stock vs Cash And Short Term Investments Analysis

OIII Stock

CAD 1.67 0.00 0.00%

O3 Mining Inc financial indicator trend analysis is much more than just breaking down O3 Mining Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether O3 Mining Inc is a good investment. Please check the relationship between O3 Mining Inc Common Stock and its Cash And Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in O3 Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Common Stock vs Cash And Short Term Investments

Common Stock vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of O3 Mining Inc Common Stock account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.

The correlation between O3 Mining Inc's Common Stock and Cash And Short Term Investments is 0.92. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of O3 Mining, assuming nothing else is changed. The correlation between historical values of O3 Mining Inc's Common Stock and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of O3 Mining are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock i.e., O3 Mining Inc's Common Stock and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

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Common Stock

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of O3 Mining Inc balance sheet. This account contains O3 Mining Inc investments that will expire within one year. These investments include stocks and bonds that can be liquidated by O3 Mining fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from O3 Mining Inc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into O3 Mining Inc 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 O3 Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

At this time, O3 Mining Inc's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 24.7 M in 2025, despite the fact that Enterprise Value Over EBITDA is likely to grow to (15.15).

	2022	2023	2024	2025 (projected)
Total Operating Expenses	7.9M	7.4M	8.5M	8.9M
Cost Of Revenue	93K	120K	108K	102.6K

Total Operating Expenses Cost Of Revenue

O3 Mining Inc fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Net Debt	Cash	Other Assets	Cash And Short Term Investments	Short Long Term Debt Total	Other Current Assets	Intangible Assets	Short Term Debt	Common Stock	Other Liab	Net Tangible Assets
Total Assets		0.81	0.99	1.0	0.38	-0.36	0.99	0.99	0.81	0.62	0.99	0.89	0.91	0.91	0.81	-0.81	0.94	0.35	0.91	0.8	0.21	-0.58	0.8	1.0	0.96	0.95
Other Current Liab	0.81		0.76	0.79	0.15	-0.46	0.76	0.81	0.73	0.21	0.83	0.82	0.79	0.82	0.63	-0.58	0.76	0.67	0.71	0.78	0.17	-0.63	0.44	0.8	0.82	0.75
Total Current Liabilities	0.99	0.76		0.99	0.36	-0.39	0.99	0.98	0.78	0.61	0.98	0.88	0.89	0.9	0.84	-0.82	0.96	0.32	0.93	0.8	0.27	-0.58	0.81	0.99	0.94	0.93
Total Stockholder Equity	1.0	0.79	0.99		0.45	-0.3	0.98	0.98	0.76	0.68	0.98	0.84	0.88	0.87	0.84	-0.85	0.95	0.37	0.93	0.75	0.24	-0.53	0.79	1.0	0.94	0.95
Property Plant And Equipment Net	0.38	0.15	0.36	0.45		0.5	0.33	0.34	-0.03	0.79	0.33	-0.03	0.14	0.02	0.53	-0.64	0.46	0.28	0.51	-0.17	0.3	0.21	0.27	0.39	0.23	0.45
Retained Earnings	-0.36	-0.46	-0.39	-0.3	0.5		-0.39	-0.39	-0.62	0.23	-0.36	-0.66	-0.51	-0.64	-0.16	0.01	-0.28	-0.16	-0.22	-0.75	0.0	0.58	-0.18	-0.38	-0.39	-0.26
Accounts Payable	0.99	0.76	0.99	0.98	0.33	-0.39		0.99	0.82	0.59	0.98	0.91	0.92	0.93	0.76	-0.76	0.92	0.24	0.87	0.83	0.14	-0.61	0.83	0.99	0.96	0.94
Non Current Assets Total	0.99	0.81	0.98	0.98	0.34	-0.39	0.99		0.85	0.58	0.99	0.91	0.94	0.93	0.74	-0.74	0.9	0.28	0.85	0.84	0.1	-0.61	0.82	0.99	0.97	0.94
Non Currrent Assets Other	0.81	0.73	0.78	0.76	-0.03	-0.62	0.82	0.85		0.24	0.84	0.94	0.97	0.94	0.4	-0.34	0.61	0.12	0.53	0.93	-0.12	-0.71	0.78	0.79	0.9	0.75
Net Receivables	0.62	0.21	0.61	0.68	0.79	0.23	0.59	0.58	0.24		0.53	0.23	0.39	0.27	0.65	-0.75	0.63	0.16	0.67	0.08	0.25	0.04	0.51	0.64	0.45	0.62
Common Stock Shares Outstanding	0.99	0.83	0.98	0.98	0.33	-0.36	0.98	0.99	0.84	0.53		0.91	0.94	0.93	0.79	-0.77	0.92	0.34	0.88	0.83	0.21	-0.6	0.84	0.98	0.98	0.95
Non Current Liabilities Total	0.89	0.82	0.88	0.84	-0.03	-0.66	0.91	0.91	0.94	0.23	0.91		0.96	1.0	0.55	-0.49	0.75	0.2	0.68	0.99	-0.01	-0.76	0.75	0.87	0.94	0.82
Other Stockholder Equity	0.91	0.79	0.89	0.88	0.14	-0.51	0.92	0.94	0.97	0.39	0.94	0.96		0.96	0.57	-0.53	0.76	0.2	0.69	0.91	0.0	-0.68	0.84	0.9	0.97	0.87
Total Liab	0.91	0.82	0.9	0.87	0.02	-0.64	0.93	0.93	0.94	0.27	0.93	1.0	0.96		0.59	-0.53	0.78	0.22	0.71	0.98	0.02	-0.75	0.76	0.9	0.95	0.84
Total Current Assets	0.81	0.63	0.84	0.84	0.53	-0.16	0.76	0.74	0.4	0.65	0.79	0.55	0.57	0.59		-0.97	0.95	0.61	0.98	0.46	0.72	-0.3	0.54	0.83	0.66	0.76
Net Debt	-0.81	-0.58	-0.82	-0.85	-0.64	0.01	-0.76	-0.74	-0.34	-0.75	-0.77	-0.49	-0.53	-0.53	-0.97		-0.94	-0.54	-0.97	-0.37	-0.63	0.17	-0.55	-0.82	-0.65	-0.79
Cash	0.94	0.76	0.96	0.95	0.46	-0.28	0.92	0.9	0.61	0.63	0.92	0.75	0.76	0.78	0.95	-0.94		0.51	0.99	0.66	0.49	-0.46	0.68	0.95	0.84	0.89
Other Assets	0.35	0.67	0.32	0.37	0.28	-0.16	0.24	0.28	0.12	0.16	0.34	0.2	0.2	0.22	0.61	-0.54	0.51		0.54	0.16	0.64	-0.13	-0.11	0.37	0.24	0.33
Cash And Short Term Investments	0.91	0.71	0.93	0.93	0.51	-0.22	0.87	0.85	0.53	0.67	0.88	0.68	0.69	0.71	0.98	-0.97	0.99	0.54		0.58	0.56	-0.4	0.63	0.92	0.78	0.86
Short Long Term Debt Total	0.8	0.78	0.8	0.75	-0.17	-0.75	0.83	0.84	0.93	0.08	0.83	0.99	0.91	0.98	0.46	-0.37	0.66	0.16	0.58		-0.05	-0.79	0.68	0.79	0.87	0.72
Other Current Assets	0.21	0.17	0.27	0.24	0.3	0.0	0.14	0.1	-0.12	0.25	0.21	-0.01	0.0	0.02	0.72	-0.63	0.49	0.64	0.56	-0.05		0.07	0.05	0.23	0.06	0.19
Intangible Assets	-0.58	-0.63	-0.58	-0.53	0.21	0.58	-0.61	-0.61	-0.71	0.04	-0.6	-0.76	-0.68	-0.75	-0.3	0.17	-0.46	-0.13	-0.4	-0.79	0.07		-0.41	-0.57	-0.64	-0.38
Short Term Debt	0.8	0.44	0.81	0.79	0.27	-0.18	0.83	0.82	0.78	0.51	0.84	0.75	0.84	0.76	0.54	-0.55	0.68	-0.11	0.63	0.68	0.05	-0.41		0.78	0.86	0.83
Common Stock	1.0	0.8	0.99	1.0	0.39	-0.38	0.99	0.99	0.79	0.64	0.98	0.87	0.9	0.9	0.83	-0.82	0.95	0.37	0.92	0.79	0.23	-0.57	0.78		0.94	0.94
Other Liab	0.96	0.82	0.94	0.94	0.23	-0.39	0.96	0.97	0.9	0.45	0.98	0.94	0.97	0.95	0.66	-0.65	0.84	0.24	0.78	0.87	0.06	-0.64	0.86	0.94		0.92
Net Tangible Assets	0.95	0.75	0.93	0.95	0.45	-0.26	0.94	0.94	0.75	0.62	0.95	0.82	0.87	0.84	0.76	-0.79	0.89	0.33	0.86	0.72	0.19	-0.38	0.83	0.94	0.92

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O3 Mining Inc Account Relationship Matchups

O3 Mining Inc fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	211.1M	262.0M	269.5M	287.4M	330.5M	347.1M
Other Current Liab	4.5M	4.7M	4.2M	5.3M	6.1M	6.4M
Total Current Liabilities	4.7M	5.0M	4.5M	5.5M	6.4M	6.7M
Total Stockholder Equity	194.7M	237.6M	241.3M	228.2M	262.5M	275.6M
Property Plant And Equipment Net	129.8M	169.5M	188.0M	5.8M	6.6M	6.3M
Retained Earnings	(5.9M)	14.6M	7.5M	(26.6M)	(23.9M)	(22.7M)
Accounts Payable	3.0M	4.5M	4.2M	5.0M	5.7M	6.0M
Non Current Assets Total	130.4M	220.3M	238.9M	255.7M	294.0M	308.7M
Net Receivables	2.1M	2.3M	3.7M	878K	1.0M	718.2K
Common Stock Shares Outstanding	54.1M	67.0M	70.7M	75.3M	86.6M	90.9M
Liabilities And Stockholders Equity	211.1M	262.0M	269.5M	287.4M	330.5M	347.1M
Non Current Liabilities Total	11.6M	19.4M	23.7M	53.7M	61.7M	64.8M
Other Stockholder Equity	6.8M	8.9M	19.6M	20.1M	23.1M	24.3M
Total Liab	16.3M	24.4M	28.2M	59.2M	68.1M	71.5M
Total Current Assets	80.6M	41.7M	30.6M	31.7M	36.5M	38.3M
Net Debt	(33.2M)	(25.6M)	(16.9M)	(15.7M)	(14.1M)	(13.4M)
Cash	34.3M	27.2M	18.7M	23.5M	27.0M	28.3M
Cash And Short Term Investments	53.3M	39.1M	26.5M	30.4M	34.9M	36.7M
Short Long Term Debt Total	1.1M	1.6M	1.8M	7.8M	8.9M	9.4M
Other Current Assets	25.3M	343K	405K	517K	594.6K	564.8K
Short Term Debt	181K	238K	337K	264K	303.6K	252.7K
Common Stock	184.2M	204.7M	214.2M	231.8M	266.6M	279.9M
Other Liab	5.0M	10.7M	18.1M	22.2M	25.5M	26.8M
Net Tangible Assets	159.6M	194.7M	237.6M	241.3M	277.5M	194.8M
Net Invested Capital	194.7M	237.6M	241.3M	234.5M	269.7M	167.8M
Net Working Capital	75.9M	36.8M	26.1M	26.2M	30.2M	30.2M
Property Plant Equipment	136.9M	129.8M	169.5M	188.0M	216.2M	152.4M
Capital Stock	184.2M	204.7M	214.2M	231.8M	266.6M	182.6M
Short Term Investments	19.0M	11.9M	7.8M	6.9M	6.2M	8.9M
Capital Lease Obligations	1.1M	1.6M	1.8M	1.5M	1.7M	1.4M
Property Plant And Equipment Gross	129.9M	170.0M	189.0M	212.8M	244.8M	184.5M
Non Current Liabilities Other	6.1M	7.0M	5.1M	2.1M	1.9M	3.7M

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