Orca Total Revenue vs Reconciled Depreciation 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 Total Revenue and its Reconciled Depreciation 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.

Total Revenue vs Reconciled Depreciation

Total Revenue vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orca Energy Group Total Revenue account and Reconciled Depreciation. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Orca Energy's Total Revenue and Reconciled Depreciation is 0.91. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Reconciled Depreciation 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 Total Revenue and Reconciled Depreciation 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 Revenue of Orca Energy Group are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Total Revenue i.e., Orca Energy's Total Revenue and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Revenue

Total revenue comprises all receipts Orca Energy Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Reconciled Depreciation

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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