Orla Property Plant And Equipment Gross vs Total Current Assets Analysis

OLA Stock

CAD 9.89 0.19 1.88%

Orla Mining financial indicator trend analysis is much more than just breaking down Orla Mining prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orla Mining is a good investment. Please check the relationship between Orla Mining Property Plant And Equipment Gross and its Total Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orla 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 board of governors.

To learn how to invest in Orla Stock, please use our How to Invest in Orla Mining guide.

Property Plant And Equipment Gross vs Total Current Assets

Property Plant And Equipment Gross vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orla Mining Property Plant And Equipment Gross account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Orla Mining's Property Plant And Equipment Gross and Total Current Assets is 0.96. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Orla Mining, assuming nothing else is changed. The correlation between historical values of Orla Mining's Property Plant And Equipment Gross and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Orla Mining are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Property Plant And Equipment Gross i.e., Orla Mining's Property Plant And Equipment Gross and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Property Plant And Equipment Gross

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Most indicators from Orla Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orla Mining 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 Orla 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 board of governors.

To learn how to invest in Orla Stock, please use our How to Invest in Orla Mining guide.At this time, Orla Mining's Selling General Administrative is very stable compared to the past year. As of the 18th of February 2025, Issuance Of Capital Stock is likely to grow to about 24.5 M, while Tax Provision is likely to drop about 24.7 M.

Orla Mining fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Other Current Liab	Retained Earnings	Inventory	Other Current Assets	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Common Stock Total Equity	Intangible Assets	Common Stock	Property Plant And Equipment Net	Property Plant And Equipment Gross
Total Assets		0.81	0.99	0.26	0.98	0.94	0.94	0.89	0.96	-0.61	0.3	0.94	0.97	0.48	0.88	-0.83	0.93	0.95	1.0	0.93	0.95	0.9	-0.61	0.99	1.0	1.0
Total Current Liabilities	0.81		0.74	0.51	0.83	0.7	0.7	0.65	0.69	-0.26	0.48	0.9	0.72	0.88	0.95	-0.61	0.69	0.88	0.83	0.84	0.75	0.63	-0.26	0.73	0.83	0.81
Total Stockholder Equity	0.99	0.74		0.12	0.94	0.95	0.95	0.86	0.95	-0.65	0.18	0.87	0.97	0.36	0.85	-0.78	0.94	0.93	0.98	0.88	0.91	0.89	-0.65	1.0	0.98	0.99
Net Debt	0.26	0.51	0.12		0.43	0.01	0.01	0.41	0.24	0.14	0.7	0.55	0.08	0.73	0.24	-0.48	0.1	0.18	0.32	0.42	0.36	0.28	0.14	0.17	0.31	0.27
Accounts Payable	0.98	0.83	0.94	0.43		0.89	0.89	0.93	0.91	-0.57	0.41	0.97	0.93	0.55	0.85	-0.85	0.9	0.9	0.98	0.95	0.97	0.87	-0.57	0.95	0.98	0.97
Cash	0.94	0.7	0.95	0.01	0.89		1.0	0.78	0.9	-0.64	0.24	0.84	0.99	0.3	0.85	-0.76	0.9	0.92	0.92	0.9	0.92	0.84	-0.64	0.95	0.91	0.93
Cash And Short Term Investments	0.94	0.7	0.95	0.01	0.89	1.0		0.78	0.9	-0.64	0.24	0.84	0.99	0.3	0.85	-0.76	0.9	0.93	0.92	0.9	0.92	0.84	-0.64	0.95	0.91	0.93
Net Receivables	0.89	0.65	0.86	0.41	0.93	0.78	0.78		0.84	-0.65	0.21	0.88	0.86	0.35	0.68	-0.79	0.92	0.78	0.89	0.81	0.89	0.75	-0.65	0.89	0.89	0.9
Common Stock Shares Outstanding	0.96	0.69	0.95	0.24	0.91	0.9	0.9	0.84		-0.59	0.34	0.87	0.91	0.36	0.76	-0.91	0.84	0.85	0.96	0.9	0.91	0.97	-0.59	0.97	0.96	0.95
Short Term Investments	-0.61	-0.26	-0.65	0.14	-0.57	-0.64	-0.64	-0.65	-0.59		0.18	-0.46	-0.68	0.11	-0.42	0.36	-0.72	-0.54	-0.58	-0.47	-0.58	-0.49	1.0	-0.65	-0.58	-0.62
Other Stockholder Equity	0.3	0.48	0.18	0.7	0.41	0.24	0.24	0.21	0.34	0.18		0.54	0.2	0.63	0.29	-0.58	0.02	0.24	0.33	0.58	0.47	0.45	0.18	0.23	0.32	0.27
Total Liab	0.94	0.9	0.87	0.55	0.97	0.84	0.84	0.88	0.87	-0.46	0.54		0.87	0.69	0.87	-0.86	0.83	0.89	0.95	0.97	0.95	0.82	-0.46	0.89	0.94	0.93
Total Current Assets	0.97	0.72	0.97	0.08	0.93	0.99	0.99	0.86	0.91	-0.68	0.2	0.87		0.32	0.85	-0.77	0.96	0.94	0.94	0.9	0.94	0.83	-0.68	0.98	0.94	0.96
Short Term Debt	0.48	0.88	0.36	0.73	0.55	0.3	0.3	0.35	0.36	0.11	0.63	0.69	0.32		0.69	-0.4	0.29	0.56	0.53	0.59	0.45	0.37	0.11	0.37	0.52	0.47
Other Current Liab	0.88	0.95	0.85	0.24	0.85	0.85	0.85	0.68	0.76	-0.42	0.29	0.87	0.85	0.69		-0.6	0.82	0.97	0.88	0.86	0.8	0.67	-0.42	0.84	0.88	0.88
Retained Earnings	-0.83	-0.61	-0.78	-0.48	-0.85	-0.76	-0.76	-0.79	-0.91	0.36	-0.58	-0.86	-0.77	-0.4	-0.6		-0.67	-0.68	-0.84	-0.89	-0.88	-0.92	0.36	-0.83	-0.84	-0.82
Inventory	0.93	0.69	0.94	0.1	0.9	0.9	0.9	0.92	0.84	-0.72	0.02	0.83	0.96	0.29	0.82	-0.67		0.9	0.91	0.81	0.88	0.72	-0.72	0.94	0.91	0.94
Other Current Assets	0.95	0.88	0.93	0.18	0.9	0.92	0.93	0.78	0.85	-0.54	0.24	0.89	0.94	0.56	0.97	-0.68	0.9		0.94	0.9	0.88	0.76	-0.54	0.92	0.94	0.94
Non Current Assets Total	1.0	0.83	0.98	0.32	0.98	0.92	0.92	0.89	0.96	-0.58	0.33	0.95	0.94	0.53	0.88	-0.84	0.91	0.94		0.93	0.93	0.91	-0.58	0.98	1.0	1.0
Non Currrent Assets Other	0.93	0.84	0.88	0.42	0.95	0.9	0.9	0.81	0.9	-0.47	0.58	0.97	0.9	0.59	0.86	-0.89	0.81	0.9	0.93		0.97	0.86	-0.47	0.9	0.93	0.92
Other Assets	0.95	0.75	0.91	0.36	0.97	0.92	0.92	0.89	0.91	-0.58	0.47	0.95	0.94	0.45	0.8	-0.88	0.88	0.88	0.93	0.97		0.86	-0.58	0.93	0.93	0.93
Common Stock Total Equity	0.9	0.63	0.89	0.28	0.87	0.84	0.84	0.75	0.97	-0.49	0.45	0.82	0.83	0.37	0.67	-0.92	0.72	0.76	0.91	0.86	0.86		-0.49	0.91	0.91	0.89
Intangible Assets	-0.61	-0.26	-0.65	0.14	-0.57	-0.64	-0.64	-0.65	-0.59	1.0	0.18	-0.46	-0.68	0.11	-0.42	0.36	-0.72	-0.54	-0.58	-0.47	-0.58	-0.49		-0.65	-0.58	-0.62
Common Stock	0.99	0.73	1.0	0.17	0.95	0.95	0.95	0.89	0.97	-0.65	0.23	0.89	0.98	0.37	0.84	-0.83	0.94	0.92	0.98	0.9	0.93	0.91	-0.65		0.98	0.99
Property Plant And Equipment Net	1.0	0.83	0.98	0.31	0.98	0.91	0.91	0.89	0.96	-0.58	0.32	0.94	0.94	0.52	0.88	-0.84	0.91	0.94	1.0	0.93	0.93	0.91	-0.58	0.98		1.0
Property Plant And Equipment Gross	1.0	0.81	0.99	0.27	0.97	0.93	0.93	0.9	0.95	-0.62	0.27	0.93	0.96	0.47	0.88	-0.82	0.94	0.94	1.0	0.92	0.93	0.89	-0.62	0.99	1.0

Click cells to compare fundamentals

Orla Mining Account Relationship Matchups

Orla Mining fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	239.2M	364.9M	613.8M	535.8M	616.1M	647.0M
Total Current Liabilities	7.7M	37.8M	97.8M	28.7M	33.0M	34.6M
Total Stockholder Equity	160.6M	184.4M	397.0M	400.5M	460.6M	483.7M
Net Debt	(1.8M)	142.2M	52.7M	(5.4M)	(6.2M)	(5.9M)
Accounts Payable	2.6M	6.0M	6.7M	5.7M	6.6M	6.9M
Cash	72.2M	20.5M	96.3M	96.6M	111.1M	116.7M
Cash And Short Term Investments	72.2M	20.5M	96.3M	96.6M	111.1M	116.7M
Net Receivables	204K	17.1M	9.0M	16.0M	18.3M	19.3M
Common Stock Shares Outstanding	217.1M	241.4M	292.8M	311.5M	358.2M	376.1M
Liabilities And Stockholders Equity	239.2M	364.9M	613.8M	535.8M	616.1M	647.0M
Other Stockholder Equity	32.9M	31.7M	22.4M	(1.0)	(1.15)	(1.09)
Total Liab	78.6M	180.5M	216.8M	135.2M	155.5M	163.3M
Total Current Assets	73.1M	48.3M	132.9M	145.2M	167.0M	175.3M
Short Term Debt	131K	25.7M	45.8M	915K	1.1M	999.6K
Other Current Liab	5.0M	6.1M	42.1M	18.0M	20.6M	21.7M
Retained Earnings	(90.3M)	(116.5M)	(70.8M)	(97.8M)	(88.0M)	(83.6M)
Inventory	(454.6K)	9.7M	22.4M	29.5M	33.9M	35.6M
Other Current Assets	1.2M	1.1M	5.1M	3.1M	3.6M	3.8M
Non Current Assets Total	166.1M	316.6M	481.0M	390.6M	449.2M	471.7M
Non Currrent Assets Other	7.8M	7.8M	11.4M	7.6M	8.7M	9.1M
Other Assets	509K	11.4M	12.4M	13.8M	15.9M	16.7M
Common Stock	217.9M	269.2M	445.3M	474.4M	545.5M	572.8M
Property Plant And Equipment Net	154.7M	304.1M	467.2M	381.7M	439.0M	460.9M
Property Plant And Equipment Gross	154.7M	305.2M	489.6M	436.1M	501.5M	526.5M
Accumulated Other Comprehensive Income	32.9M	31.7M	22.4M	23.9M	27.5M	15.4M
Non Current Liabilities Total	70.9M	142.7M	119.1M	106.6M	122.6M	128.7M
Net Tangible Assets	125.2M	160.6M	184.4M	397.0M	456.5M	479.4M
Property Plant Equipment	125.9M	154.7M	304.1M	467.2M	537.2M	564.1M
Long Term Debt Total	4.6M	22.7M	70.3M	137.1M	157.7M	165.5M
Long Term Debt	70.1M	136.1M	100.8M	88.4M	101.6M	66.4M
Net Invested Capital	230.7M	345.8M	542.8M	488.9M	562.2M	318.2M
Net Working Capital	65.4M	10.6M	35.1M	116.5M	134.0M	140.7M
Short Long Term Debt Total	70.4M	162.8M	149.0M	91.3M	104.9M	91.8M
Other Liab	836K	610K	28.4M	15.9M	18.3M	10.2M
Capital Stock	217.9M	269.2M	445.3M	474.4M	545.5M	314.2M
Capital Lease Obligations	273K	1.4M	3.2M	2.9M	3.3M	1.7M

Pair Trading with Orla Mining

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Orla Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Orla Mining will appreciate offsetting losses from the drop in the long position's value.

Moving together with Orla Stock

0.79	FDR	Flinders Resources	Pair Corr
0.71	ORE	Orezone Gold Corp	Pair Corr

Moving against Orla Stock

0.92	IE	Ivanhoe Energy	Pair Corr
0.84	FDY	Faraday Copper Corp	Pair Corr
0.77	XOM	EXXON MOBIL CDR	Pair Corr
0.71	INFM	Infinico Metals Corp	Pair Corr
0.66	NVDA	NVIDIA CDR Earnings Call Tomorrow	Pair Corr

The ability to find closely correlated positions to Orla Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Orla Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Orla Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Orla Mining to buy it.

The correlation of Orla Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Orla Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Orla Mining moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Orla Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Orla Mining offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Orla Mining's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Orla Mining Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Orla Mining Stock:

How To Invest In Orla

Details

Is Orla Stock a good investment?

Details

What is Orla Mining's Net Worth?

Details

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orla 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 board of governors.

To learn how to invest in Orla Stock, please use our How to Invest in Orla Mining guide.

You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Please note, there is a significant difference between Orla Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Orla Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orla Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Orla Property Plant And Equipment Gross vs Total Current Assets Analysis

Property Plant And Equipment Gross vs Total Current Assets

Property Plant And Equipment Gross vs Total Current Assets Correlation Analysis

Correlation Coefficient

Property Plant And Equipment Gross

Total Current Assets

Orla Mining fundamental ratios Correlations

Orla Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Orla Mining fundamental ratios Accounts

Pair Trading with Orla Mining

Moving together with Orla Stock

Moving against Orla Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Total Assets
Common Stock	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Intangible Assets	+ 1.0	Short Term Investments

Common Stock Total Equity	- 0.92	Retained Earnings
Retained Earnings	- 0.91	Common Stock Shares Outstanding
Non Currrent Assets Other	- 0.89	Retained Earnings
Other Assets	- 0.88	Retained Earnings
Retained Earnings	- 0.86	Total Liab
Retained Earnings	- 0.85	Accounts Payable