Opus Other Stockholder Equity vs Total Assets Analysis
OOR Stock | CAD 0.04 0.01 10.00% |
Opus One financial indicator trend analysis is much more than just breaking down Opus One Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Opus One Resources is a good investment. Please check the relationship between Opus One Other Stockholder Equity and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Opus One Resources. 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.
Other Stockholder Equity vs Total Assets
Other Stockholder Equity vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Opus One Resources Other Stockholder Equity account and Total Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Opus One's Other Stockholder Equity and Total Assets is 0.33. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Assets in the same time period over historical financial statements of Opus One Resources, assuming nothing else is changed. The correlation between historical values of Opus One's Other Stockholder Equity and Total 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 Other Stockholder Equity of Opus One Resources are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Stockholder Equity i.e., Opus One's Other Stockholder Equity and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Stockholder Equity
Total Assets
Total assets refers to the total amount of Opus One assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Opus One Resources books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Opus One's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Opus One Resources 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 Opus One Resources. 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. Selling General Administrative is likely to climb to about 416.2 K in 2024. Issuance Of Capital Stock is likely to climb to about 605.3 K in 2024
Opus One fundamental ratios Correlations
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Opus One Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Opus One fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.5M | 4.0M | 2.8M | 1.8M | 2.1M | 3.0M | |
Other Current Liab | 604.8K | 262.5K | 327.1K | 84.2K | 96.9K | 191.7K | |
Total Current Liabilities | 744.6K | 359.4K | 620.4K | 626.3K | 720.3K | 367.0K | |
Total Stockholder Equity | 3.8M | 3.7M | 2.2M | 1.2M | 1.4M | 2.6M | |
Net Tangible Assets | 1.8M | 3.8M | 3.7M | 2.2M | 2.5M | 2.7M | |
Retained Earnings | (16.6M) | (16.8M) | (18.5M) | (20.0M) | (18.0M) | (18.9M) | |
Accounts Payable | 117.8K | 48.3K | 182.3K | 85.7K | 98.5K | 91.3K | |
Cash | 2.2M | 437.0K | 33.5K | 164.6K | 148.1K | 140.7K | |
Net Receivables | 95.5K | 122.7K | 192.4K | 146.6K | 132.0K | 205.8K | |
Total Liab | 744.6K | 381.7K | 620.4K | 626.3K | 720.3K | 369.4K | |
Total Current Assets | 2.3M | 634.7K | 185.8K | 254.8K | 229.3K | 217.8K | |
Common Stock | 17.2M | 19.2M | 19.3M | 19.5M | 22.4M | 18.8M | |
Property Plant Equipment | 1.9M | 2.3M | 3.4M | 2.6M | 3.0M | 2.2M | |
Non Current Assets Total | 2.3M | 3.4M | 2.6M | 1.6M | 1.8M | 2.4M | |
Common Stock Shares Outstanding | 117.1M | 118.9M | 122.6M | 157.7M | 181.3M | 111.2M | |
Net Invested Capital | 3.8M | 3.7M | 2.2M | 1.2M | 1.1M | 2.1M | |
Net Working Capital | 1.5M | 275.3K | (434.6K) | (371.5K) | (334.4K) | (317.7K) | |
Capital Stock | 19.2M | 19.3M | 19.5M | 20.0M | 23.0M | 20.6M |
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Additional Tools for Opus Stock Analysis
When running Opus One's price analysis, check to measure Opus One'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 Opus One is operating at the current time. Most of Opus One's value examination focuses on studying past and present price action to predict the probability of Opus One's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Opus One's price. Additionally, you may evaluate how the addition of Opus One to your portfolios can decrease your overall portfolio volatility.