Orca Operating Income vs Net Income From Continuing Ops Analysis

ORC-A Stock  CAD 61.00  0.00  0.00%   
Orca Energy financial indicator trend analysis is much more than just breaking down Orca Energy Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orca Energy Group is a good investment. Please check the relationship between Orca Energy Operating Income and its Net Income From Continuing Ops accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orca Energy Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Operating Income vs Net Income From Continuing Ops

Operating Income vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orca Energy Group Operating Income account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Orca Energy's Operating Income and Net Income From Continuing Ops is 0.87. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Orca Energy Group, assuming nothing else is changed. The correlation between historical values of Orca Energy's Operating Income and Net Income From Continuing Ops 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 Orca Energy Group are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Operating Income i.e., Orca Energy's Operating Income and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Operating Income

Operating Income is the amount of profit realized from Orca Energy Group 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 Orca Energy Group 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.

Net Income From Continuing Ops

Most indicators from Orca Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orca Energy Group 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 Orca Energy Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Tax Provision is likely to drop to about 17.7 M in 2024. Selling General Administrative is likely to drop to about 12.9 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit58.0M70.9M49.2M62.9M
Total Revenue86.0M118.1M110.2M89.7M

Orca Energy fundamental ratios Correlations

0.750.260.380.680.26-0.080.10.00.450.640.350.27-0.510.420.580.870.470.640.26-0.730.280.880.650.39-0.28
0.750.010.070.8-0.07-0.37-0.48-0.050.550.590.20.6-0.480.680.590.860.220.590.48-0.680.470.640.490.75-0.71
0.260.010.44-0.350.510.780.390.47-0.31-0.410.96-0.73-0.78-0.620.730.140.73-0.41-0.680.29-0.7-0.09-0.06-0.650.62
0.380.070.44-0.180.940.520.150.28-0.5-0.340.45-0.35-0.28-0.280.25-0.030.89-0.34-0.08-0.34-0.110.460.71-0.30.31
0.680.8-0.35-0.18-0.34-0.7-0.33-0.510.740.82-0.260.79-0.090.880.120.83-0.130.820.71-0.740.720.670.410.86-0.81
0.26-0.070.510.94-0.340.610.110.33-0.69-0.440.52-0.55-0.27-0.510.22-0.180.87-0.44-0.24-0.07-0.240.350.63-0.450.52
-0.08-0.370.780.52-0.70.610.490.37-0.49-0.60.7-0.89-0.33-0.830.44-0.340.55-0.6-0.890.43-0.91-0.25-0.15-0.830.79
0.1-0.480.390.15-0.330.110.490.160.06-0.030.2-0.46-0.07-0.370.05-0.040.13-0.03-0.480.09-0.49-0.06-0.24-0.620.58
0.0-0.050.470.28-0.510.330.370.16-0.38-0.340.54-0.34-0.5-0.390.44-0.090.42-0.34-0.290.16-0.3-0.120.04-0.380.4
0.450.55-0.31-0.50.74-0.69-0.490.06-0.380.81-0.260.68-0.060.770.210.71-0.450.810.34-0.520.330.3-0.120.65-0.69
0.640.59-0.41-0.340.82-0.44-0.6-0.03-0.340.81-0.350.680.060.740.090.73-0.361.00.49-0.620.530.650.250.73-0.6
0.350.20.960.45-0.260.520.70.20.54-0.26-0.35-0.61-0.88-0.510.850.240.75-0.35-0.580.2-0.60.00.04-0.480.47
0.270.6-0.73-0.350.79-0.55-0.89-0.46-0.340.680.68-0.610.220.98-0.20.51-0.430.680.88-0.70.870.420.270.95-0.95
-0.51-0.48-0.78-0.28-0.09-0.27-0.33-0.07-0.5-0.060.06-0.880.220.12-0.87-0.54-0.620.060.230.050.26-0.16-0.110.12-0.11
0.420.68-0.62-0.280.88-0.51-0.83-0.37-0.390.770.74-0.510.980.12-0.080.64-0.330.740.84-0.780.830.510.310.94-0.96
0.580.590.730.250.120.220.440.050.440.210.090.85-0.2-0.87-0.080.580.530.09-0.37-0.12-0.380.220.09-0.040.04
0.870.860.14-0.030.83-0.18-0.34-0.04-0.090.710.730.240.51-0.540.640.580.180.730.39-0.670.380.650.350.58-0.54
0.470.220.730.89-0.130.870.550.130.42-0.45-0.360.75-0.43-0.62-0.330.530.18-0.36-0.17-0.22-0.210.370.59-0.350.35
0.640.59-0.41-0.340.82-0.44-0.6-0.03-0.340.811.0-0.350.680.060.740.090.73-0.360.49-0.620.530.650.250.73-0.6
0.260.48-0.68-0.080.71-0.24-0.89-0.48-0.290.340.49-0.580.880.230.84-0.370.39-0.170.49-0.70.990.50.530.81-0.79
-0.73-0.680.29-0.34-0.74-0.070.430.090.16-0.52-0.620.2-0.70.05-0.78-0.12-0.67-0.22-0.62-0.7-0.68-0.84-0.73-0.680.67
0.280.47-0.7-0.110.72-0.24-0.91-0.49-0.30.330.53-0.60.870.260.83-0.380.38-0.210.530.99-0.680.530.530.82-0.77
0.880.64-0.090.460.670.35-0.25-0.06-0.120.30.650.00.42-0.160.510.220.650.370.650.5-0.840.530.870.52-0.37
0.650.49-0.060.710.410.63-0.15-0.240.04-0.120.250.040.27-0.110.310.090.350.590.250.53-0.730.530.870.36-0.24
0.390.75-0.65-0.30.86-0.45-0.83-0.62-0.380.650.73-0.480.950.120.94-0.040.58-0.350.730.81-0.680.820.520.36-0.95
-0.28-0.710.620.31-0.810.520.790.580.4-0.69-0.60.47-0.95-0.11-0.960.04-0.540.35-0.6-0.790.67-0.77-0.37-0.24-0.95
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Orca Energy Account Relationship Matchups

Orca Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets271.8M242.6M230.3M248.1M215.4M194.7M
Other Current Liab45.1M37.1M35.6M13.1M11.8M11.2M
Total Current Liabilities60.6M52.7M63.1M71.4M68.7M66.6M
Total Stockholder Equity108.4M90.3M68.3M89.6M88.7M95.9M
Other Liab47.4M43.3M46.0M41.6M37.4M36.7M
Net Tangible Assets108.4M90.3M68.3M89.6M103.1M95.8M
Retained Earnings20.3M27.3M21.1M42.6M41.6M43.7M
Accounts Payable3.7M4.6M5.1M43.2M5.3M10.3M
Cash93.9M104.2M73.0M96.3M101.6M101.3M
Non Current Assets Total104.2M115.6M125.4M115.1M79.4M88.0M
Other Assets2.4M2.3M2.2M2.2M2.5M2.3M
Long Term Debt54.1M54.2M49.6M39.8M30.0M39.8M
Net Receivables22.2M18.4M21.5M21.6M23.1M22.3M
Non Current Liabilities Total102.6M98.0M95.7M81.4M58.0M74.9M
Other Stockholder Equity(210K)(171K)(177K)(272K)(312.8K)(328.4K)
Total Liab163.2M150.7M158.8M152.8M126.8M123.8M
Total Current Assets167.6M127.0M104.8M133.0M136.0M146.0M
Common Stock84.1M63.2M47.5M47.3M42.5M57.2M
Property Plant Equipment98.0M109.5M120.0M112.9M129.8M121.1M
Common Stock Shares Outstanding34.3M26.1M20.0M19.9M19.8M21.8M
Net Invested Capital162.5M144.6M122.9M139.4M128.6M112.8M
Net Working Capital107.0M74.2M41.8M61.6M67.3M57.8M
Capital Stock84.1M63.2M47.5M47.3M47.1M50.1M

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