Orca Property Plant And Equipment Net vs Total Assets 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 Property Plant And Equipment Net and its Total Assets 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.

Property Plant And Equipment Net vs Total Assets

Property Plant And Equipment Net vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orca Energy Group Property Plant And Equipment Net account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Orca Energy's Property Plant And Equipment Net and Total Assets is 0.91. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Assets 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 Property Plant And Equipment Net and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Orca Energy Group are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant And Equipment Net i.e., Orca Energy's Property Plant And Equipment Net and Total Assets go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Total Assets

Total assets refers to the total amount of Orca Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Orca Energy Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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
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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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