Ophir Cash vs Net Invested Capital Analysis

OPHR Stock

CAD 0.09 0.01 10.00%

Ophir Gold financial indicator trend analysis is much more than just breaking down Ophir Gold Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ophir Gold Corp is a good investment. Please check the relationship between Ophir Gold Cash and its Net Invested Capital accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ophir Gold 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 metropolitan statistical area.

Cash vs Net Invested Capital

Cash vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ophir Gold Corp Cash account and Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.

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

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

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Cash

Cash refers to the most liquid asset of Ophir Gold Corp, which is listed under current asset account on Ophir Gold Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Ophir Gold customers. The amounts must be unrestricted with restricted cash listed in a different Ophir Gold account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from Ophir Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ophir Gold 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 Ophir Gold 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 metropolitan statistical area.

Enterprise Value is likely to climb to about 3.9 M in 2025, whereas Selling General Administrative is likely to drop slightly above 545.1 K in 2025.

Ophir Gold fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Net Invested Capital	Total Current Assets	Net Working Capital	Common Stock	Property Plant Equipment	Short Term Investments	Capital Stock	Non Currrent Assets Other	Other Assets
Total Assets		-0.29	-0.51	1.0	1.0	-0.9	-0.17	0.92	0.98	-0.46	0.99	0.96	-0.51	1.0	0.94	0.94	0.9	0.96	0.98	0.93	0.89	0.89
Other Current Liab	-0.29		0.5	-0.29	-0.29	-0.07	0.52	-0.08	-0.37	-0.37	-0.18	-0.32	0.5	-0.29	-0.11	-0.13	-0.14	-0.24	-0.31	-0.21	-0.26	-0.26
Total Current Liabilities	-0.51	0.5		-0.52	-0.52	0.32	0.78	-0.28	-0.6	0.52	-0.43	-0.57	1.0	-0.52	-0.3	-0.33	-0.46	-0.48	-0.56	-0.49	-0.45	-0.45
Total Stockholder Equity	1.0	-0.29	-0.52		1.0	-0.9	-0.18	0.92	0.98	-0.47	0.99	0.96	-0.52	1.0	0.94	0.94	0.9	0.96	0.98	0.93	0.89	0.89
Net Tangible Assets	1.0	-0.29	-0.52	1.0		-0.9	-0.18	0.92	0.98	-0.47	0.99	0.96	-0.52	1.0	0.94	0.94	0.9	0.96	0.98	0.93	0.89	0.89
Retained Earnings	-0.9	-0.07	0.32	-0.9	-0.9		-0.06	-0.88	-0.86	0.62	-0.93	-0.87	0.32	-0.9	-0.88	-0.88	-0.9	-0.9	-0.87	-0.89	-0.73	-0.73
Accounts Payable	-0.17	0.52	0.78	-0.18	-0.18	-0.06		-0.04	-0.23	0.32	-0.07	-0.15	0.78	-0.18	-0.05	-0.08	0.0	-0.07	-0.16	-0.04	-0.03	-0.03
Cash	0.92	-0.08	-0.28	0.92	0.92	-0.88	-0.04		0.83	-0.38	0.93	0.79	-0.28	0.92	1.0	1.0	0.84	0.82	0.86	0.86	0.78	0.78
Non Current Assets Total	0.98	-0.37	-0.6	0.98	0.98	-0.86	-0.23	0.83		-0.49	0.97	0.99	-0.6	0.98	0.85	0.86	0.88	0.98	0.99	0.91	0.89	0.89
Net Receivables	-0.46	-0.37	0.52	-0.47	-0.47	0.62	0.32	-0.38	-0.49		-0.5	-0.51	0.52	-0.47	-0.38	-0.39	-0.47	-0.51	-0.48	-0.44	-0.35	-0.35
Common Stock Shares Outstanding	0.99	-0.18	-0.43	0.99	0.99	-0.93	-0.07	0.93	0.97	-0.5		0.96	-0.43	0.99	0.94	0.95	0.91	0.97	0.98	0.93	0.89	0.89
Other Stockholder Equity	0.96	-0.32	-0.57	0.96	0.96	-0.87	-0.15	0.79	0.99	-0.51	0.96		-0.57	0.96	0.81	0.82	0.87	0.99	0.99	0.9	0.9	0.9
Total Liab	-0.51	0.5	1.0	-0.52	-0.52	0.32	0.78	-0.28	-0.6	0.52	-0.43	-0.57		-0.52	-0.3	-0.33	-0.46	-0.48	-0.56	-0.49	-0.45	-0.45
Net Invested Capital	1.0	-0.29	-0.52	1.0	1.0	-0.9	-0.18	0.92	0.98	-0.47	0.99	0.96	-0.52		0.94	0.94	0.9	0.96	0.98	0.93	0.89	0.89
Total Current Assets	0.94	-0.11	-0.3	0.94	0.94	-0.88	-0.05	1.0	0.85	-0.38	0.94	0.81	-0.3	0.94		1.0	0.85	0.84	0.88	0.87	0.79	0.79
Net Working Capital	0.94	-0.13	-0.33	0.94	0.94	-0.88	-0.08	1.0	0.86	-0.39	0.95	0.82	-0.33	0.94	1.0		0.85	0.85	0.89	0.88	0.8	0.8
Common Stock	0.9	-0.14	-0.46	0.9	0.9	-0.9	0.0	0.84	0.88	-0.47	0.91	0.87	-0.46	0.9	0.85	0.85		0.88	0.88	1.0	0.86	0.86
Property Plant Equipment	0.96	-0.24	-0.48	0.96	0.96	-0.9	-0.07	0.82	0.98	-0.51	0.97	0.99	-0.48	0.96	0.84	0.85	0.88		0.98	0.91	0.9	0.9
Short Term Investments	0.98	-0.31	-0.56	0.98	0.98	-0.87	-0.16	0.86	0.99	-0.48	0.98	0.99	-0.56	0.98	0.88	0.89	0.88	0.98		0.91	0.92	0.92
Capital Stock	0.93	-0.21	-0.49	0.93	0.93	-0.89	-0.04	0.86	0.91	-0.44	0.93	0.9	-0.49	0.93	0.87	0.88	1.0	0.91	0.91		0.89	0.89
Non Currrent Assets Other	0.89	-0.26	-0.45	0.89	0.89	-0.73	-0.03	0.78	0.89	-0.35	0.89	0.9	-0.45	0.89	0.79	0.8	0.86	0.9	0.92	0.89		1.0
Other Assets	0.89	-0.26	-0.45	0.89	0.89	-0.73	-0.03	0.78	0.89	-0.35	0.89	0.9	-0.45	0.89	0.79	0.8	0.86	0.9	0.92	0.89	1.0

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Ophir Gold Account Relationship Matchups

Ophir Gold fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	231.5K	3.7M	4.5M	6.6M	7.6M	8.0M
Total Current Liabilities	202.1K	133.1K	47.5K	81.7K	73.5K	89.2K
Total Stockholder Equity	29.3K	3.5M	4.5M	6.6M	7.5M	7.9M
Net Tangible Assets	29.3K	3.5M	4.5M	6.6M	7.5M	7.9M
Retained Earnings	(5.8M)	(6.9M)	(7.4M)	(8.3M)	(7.5M)	(7.9M)
Accounts Payable	98.1K	57.4K	37.6K	68.9K	62.0K	51.5K
Cash	209.5K	2.2M	568.0K	1.9M	2.1M	2.2M
Net Receivables	10.9K	8.4K	2.7K	8.5K	7.7K	6.1K
Common Stock Shares Outstanding	17.6M	49.7M	57.9M	89.3M	102.7M	107.8M
Total Liab	202.1K	133.1K	47.5K	81.7K	73.5K	89.2K
Net Invested Capital	29.3K	3.5M	4.5M	6.6M	7.5M	7.9M
Total Current Assets	231.5K	2.4M	780.0K	2.2M	2.5M	2.7M
Net Working Capital	29.3K	2.3M	732.5K	2.1M	2.5M	2.6M
Common Stock	4.3M	6.4M	7.5M	9.5M	10.9M	6.1M
Short Term Investments	10K	60K	120K	180K	207K	217.4K
Capital Stock	4.3M	6.4M	7.5M	9.5M	10.9M	7.0M

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