Ophir Total Stockholder Equity vs Other Stockholder Equity 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 Total Stockholder Equity and its Other Stockholder Equity 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.

Total Stockholder Equity vs Other Stockholder Equity

Total Stockholder Equity vs Other Stockholder Equity Correlation Analysis

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

The correlation between Ophir Gold's Total Stockholder Equity and Other Stockholder Equity is 0.96. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Other Stockholder Equity 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 Total Stockholder Equity and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Ophir Gold Corp are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Stockholder Equity i.e., Ophir Gold's Total Stockholder Equity and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Other Stockholder Equity

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

Click cells to compare fundamentals

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Ophir Stock Analysis

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC