Ophir Operating Income vs Total Other Income Expense Net Analysis
OPHR Stock | CAD 0.08 0.01 11.11% |
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 Operating Income and its Total Other Income Expense Net 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.
Operating Income vs Total Other Income Expense Net
Operating Income vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ophir Gold Corp Operating Income account and Total Other Income Expense Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ophir Gold's Operating Income and Total Other Income Expense Net is 0.69. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Total Other Income Expense Net 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 Operating Income and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Ophir Gold Corp are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Operating Income i.e., Ophir Gold's Operating Income and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Operating Income
Operating Income is the amount of profit realized from Ophir Gold Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Ophir Gold Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Total Other Income Expense Net
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. At this time, Ophir Gold's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 3.9 M in 2025, whereas Issuance Of Capital Stock is likely to drop slightly above 1.7 M in 2025.
Ophir Gold fundamental ratios Correlations
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Ophir Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ophir Gold fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 3.7M | 4.5M | 6.6M | 6.7M | 7.7M | 8.0M | |
Total Current Liabilities | 133.1K | 47.5K | 81.7K | 174.0K | 200.1K | 131.2K | |
Total Stockholder Equity | 3.5M | 4.5M | 6.6M | 6.5M | 7.5M | 7.8M | |
Net Tangible Assets | 29.3K | 3.5M | 4.5M | 6.6M | 7.5M | 7.9M | |
Retained Earnings | (6.9M) | (7.4M) | (8.3M) | (13.3M) | (11.9M) | (11.3M) | |
Accounts Payable | 98.1K | 57.4K | 37.6K | 68.9K | 62.0K | 51.5K | |
Cash | 2.2M | 568.0K | 1.9M | 4.4M | 5.0M | 5.3M | |
Non Current Assets Total | 1.2M | 3.7M | 4.4M | 1.9M | 2.2M | 1.7M | |
Net Receivables | 8.4K | 2.7K | 8.5K | 14.5K | 16.7K | 9.3K | |
Common Stock Shares Outstanding | 49.7M | 57.9M | 89.3M | 97.9M | 112.6M | 118.2M | |
Total Liab | 133.1K | 47.5K | 81.7K | 174.0K | 200.1K | 131.2K | |
Net Invested Capital | 3.5M | 4.5M | 6.6M | 6.5M | 7.5M | 7.8M | |
Total Current Assets | 2.4M | 780.0K | 2.2M | 4.8M | 5.5M | 5.8M | |
Net Working Capital | 2.3M | 732.5K | 2.1M | 4.6M | 5.3M | 5.5M | |
Common Stock | 4.3M | 6.4M | 7.5M | 9.5M | 10.9M | 6.1M | |
Short Term Investments | 60K | 120K | 180K | 225K | 258.8K | 271.7K | |
Capital Stock | 6.4M | 7.5M | 9.5M | 12.6M | 14.4M | 8.1M | |
Property Plant And Equipment Net | 1.2M | 3.7M | 4.3M | 1.9M | 2.2M | 2.4M |
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When running Ophir Gold's price analysis, check to measure Ophir Gold'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 Ophir Gold is operating at the current time. Most of Ophir Gold's value examination focuses on studying past and present price action to predict the probability of Ophir Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ophir Gold's price. Additionally, you may evaluate how the addition of Ophir Gold to your portfolios can decrease your overall portfolio volatility.