Orca Non Currrent Assets Other vs Property Plant And Equipment Net Analysis

ORC-B Stock  CAD 2.88  0.12  4.00%   
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 Non Currrent Assets Other and its Property Plant And Equipment Net 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 bureau of labor statistics.

Non Currrent Assets Other vs Property Plant And Equipment Net

Non Currrent Assets Other vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orca Energy Group Non Currrent Assets Other account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Orca Energy's Non Currrent Assets Other and Property Plant And Equipment Net is -0.12. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Property Plant And Equipment Net 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 Non Currrent Assets Other and Property Plant And Equipment 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 Non Currrent Assets Other of Orca Energy Group are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Currrent Assets Other i.e., Orca Energy's Non Currrent Assets Other and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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 bureau of labor statistics.
At this time, Orca Energy's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 0.07 in 2024, whereas Tax Provision is likely to drop slightly above 17.7 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue86.0M118.1M110.2M58.7M
Depreciation And Amortization16.1M29.5M42.2M44.3M

Orca Energy fundamental ratios Correlations

0.80.650.91-0.330.1-0.080.720.890.770.160.17-0.330.920.94-0.080.790.860.610.21-0.210.65-0.20.62-0.33-0.18
0.80.460.67-0.480.00.20.570.650.550.340.03-0.460.760.79-0.160.470.750.370.11-0.280.38-0.260.44-0.46-0.45
0.650.460.6-0.170.450.450.120.650.190.640.420.150.30.560.640.140.290.16-0.130.51-0.040.07-0.030.250.19
0.910.670.6-0.190.06-0.030.570.970.540.240.15-0.310.820.720.00.740.720.610.28-0.120.56-0.210.5-0.41-0.25
-0.33-0.48-0.17-0.19-0.15-0.04-0.64-0.16-0.390.010.160.1-0.33-0.420.23-0.19-0.39-0.12-0.330.34-0.260.34-0.330.490.23
0.10.00.450.06-0.150.03-0.020.1-0.070.28-0.50.12-0.130.090.42-0.17-0.01-0.08-0.540.35-0.06-0.63-0.090.230.48
-0.080.20.45-0.03-0.040.03-0.5-0.01-0.540.870.480.39-0.34-0.120.64-0.58-0.42-0.32-0.180.62-0.690.36-0.650.25-0.23
0.720.570.120.57-0.64-0.02-0.50.50.88-0.36-0.2-0.340.840.77-0.530.830.80.630.45-0.610.84-0.420.79-0.56-0.22
0.890.650.650.97-0.160.1-0.010.50.490.240.18-0.330.770.670.110.680.710.560.19-0.010.47-0.170.41-0.3-0.16
0.770.550.190.54-0.39-0.07-0.540.880.49-0.44-0.03-0.330.870.87-0.520.880.860.580.27-0.60.88-0.230.87-0.39-0.07
0.160.340.640.240.010.280.87-0.360.24-0.440.290.15-0.140.070.67-0.39-0.21-0.13-0.160.61-0.50.1-0.50.2-0.17
0.170.030.420.150.16-0.50.48-0.20.18-0.030.290.330.010.130.39-0.01-0.110.00.260.39-0.250.91-0.250.35-0.04
-0.33-0.460.15-0.310.10.120.39-0.34-0.33-0.330.150.33-0.49-0.280.55-0.42-0.65-0.16-0.120.57-0.430.31-0.480.440.22
0.920.760.30.82-0.33-0.13-0.340.840.770.87-0.140.01-0.490.89-0.440.930.930.680.35-0.540.84-0.270.81-0.55-0.33
0.940.790.560.72-0.420.09-0.120.770.670.870.070.13-0.280.89-0.20.760.840.560.19-0.330.69-0.190.69-0.3-0.17
-0.08-0.160.640.00.230.420.64-0.530.11-0.520.670.390.55-0.44-0.2-0.51-0.45-0.2-0.310.98-0.650.29-0.70.670.44
0.790.470.140.74-0.19-0.17-0.580.830.680.88-0.39-0.01-0.420.930.76-0.510.840.710.41-0.580.94-0.220.85-0.5-0.19
0.860.750.290.72-0.39-0.01-0.420.80.710.86-0.21-0.11-0.650.930.84-0.450.840.450.22-0.560.78-0.340.84-0.53-0.14
0.610.370.160.61-0.12-0.08-0.320.630.560.58-0.130.0-0.160.680.56-0.20.710.450.46-0.230.65-0.150.39-0.19-0.32
0.210.11-0.130.28-0.33-0.54-0.180.450.190.27-0.160.26-0.120.350.19-0.310.410.220.46-0.340.40.220.35-0.49-0.31
-0.21-0.280.51-0.120.340.350.62-0.61-0.01-0.60.610.390.57-0.54-0.330.98-0.58-0.56-0.23-0.34-0.720.36-0.790.760.44
0.650.38-0.040.56-0.26-0.06-0.690.840.470.88-0.5-0.25-0.430.840.69-0.650.940.780.650.4-0.72-0.40.93-0.59-0.13
-0.2-0.260.07-0.210.34-0.630.36-0.42-0.17-0.230.10.910.31-0.27-0.190.29-0.22-0.34-0.150.220.36-0.4-0.40.470.03
0.620.44-0.030.5-0.33-0.09-0.650.790.410.87-0.5-0.25-0.480.810.69-0.70.850.840.390.35-0.790.93-0.4-0.69-0.1
-0.33-0.460.25-0.410.490.230.25-0.56-0.3-0.390.20.350.44-0.55-0.30.67-0.5-0.53-0.19-0.490.76-0.590.47-0.690.52
-0.18-0.450.19-0.250.230.48-0.23-0.22-0.16-0.07-0.17-0.040.22-0.33-0.170.44-0.19-0.14-0.32-0.310.44-0.130.03-0.10.52
Click cells to compare fundamentals

Orca Energy Account Relationship Matchups

Orca Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets271.8M242.6M230.3M248.1M215.4M185.7M
Total Current Liabilities60.6M52.7M63.1M71.4M68.7M45.4M
Total Stockholder Equity108.4M90.3M68.3M89.6M88.7M86.6M
Property Plant And Equipment Net98.0M109.5M120.0M112.9M79.4M87.8M
Net Debt(38.7M)(49.5M)(18.2M)(46.5M)(61.1M)(58.1M)
Retained Earnings20.3M27.3M21.1M42.6M41.6M43.7M
Accounts Payable3.7M4.6M5.1M5.7M5.3M8.1M
Cash93.9M104.2M73.0M96.3M101.6M57.5M
Non Current Assets Total104.2M115.6M125.4M115.1M79.4M91.6M
Cash And Short Term Investments138.7M104.2M73.0M96.3M101.6M63.6M
Net Receivables22.2M21.9M30.7M35.1M32.8M29.5M
Common Stock Shares Outstanding34.9M27.8M20.3M19.9M19.8M23.7M
Liabilities And Stockholders Equity271.8M242.6M230.3M248.1M215.4M185.7M
Total Liab163.2M150.7M158.8M152.8M126.8M98.5M
Total Current Assets167.6M127.0M104.8M133.0M136.0M94.1M
Accumulated Other Comprehensive Income(210K)(171K)(177K)(272K)16K15.2K
Other Assets2.4M2.3M2.2M2.2M2.0M3.1M
Non Current Liabilities Total102.6M98.0M95.7M81.4M58.0M55.9M
Other Current Liab56.9M48.1M47.8M45.1M52.3M39.3M
Short Term Debt58.5M4.8M5M10M11.5M19.3M
Non Currrent Assets Other2.4M2.3M2.2M2.2M10K9.5K
Short Long Term Debt Total55.2M54.7M54.8M49.8M40.4M45.7M
Common Stock84.1M63.2M47.5M47.3M47.1M59.3M
Other Liab47.4M43.3M46.0M41.6M47.8M47.0M
Net Tangible Assets108.4M90.3M68.3M89.6M80.7M70.3M
Other Current Assets10.6M4.4M10.3M15.1M11.3M9.5M
Short Long Term Debt58.5M4.8M5M10M9M16.7M
Property Plant Equipment98.0M109.5M120.0M112.9M129.8M115.5M
Long Term Debt54.1M54.2M49.6M39.8M30.0M37.1M
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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