Orestone Total Assets vs Other Current Assets Analysis

ORS Stock  CAD 0.02  0.01  33.33%   
Orestone Mining financial indicator trend analysis is much more than just breaking down Orestone Mining Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orestone Mining Corp is a good investment. Please check the relationship between Orestone Mining Total Assets and its Other Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orestone Mining 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 board of governors.

Total Assets vs Other Current Assets

Total Assets vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orestone Mining Corp Total Assets account and Other Current Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Orestone Mining's Total Assets and Other Current Assets is 0.17. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Orestone Mining Corp, assuming nothing else is changed. The correlation between historical values of Orestone Mining's Total Assets and Other Current 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 Total Assets of Orestone Mining Corp are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Assets i.e., Orestone Mining's Total Assets and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Assets

Total assets refers to the total amount of Orestone Mining 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 Orestone Mining Corp 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.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Orestone Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orestone Mining 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 Orestone Mining 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 board of governors.
At this time, Orestone Mining's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 2.9 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Interest Income37.04.03.63.42
Net Interest Income37.04.03.63.42

Orestone Mining fundamental ratios Correlations

-0.30.20.990.95-0.430.110.220.430.950.730.440.590.180.350.310.20.540.720.440.190.720.240.270.170.2
-0.30.2-0.33-0.220.2-0.35-0.02-0.2-0.22-0.28-0.27-0.350.19-0.27-0.290.2-0.33-0.45-0.470.18-0.460.04-0.27-0.020.16
0.20.20.090.07-0.240.260.920.240.070.20.330.55-0.110.69-0.331.00.430.280.34-0.060.3-0.11-0.060.13-0.07
0.99-0.330.090.96-0.410.090.130.410.960.720.410.540.190.280.350.090.510.710.410.20.70.250.280.160.21
0.95-0.220.070.96-0.22-0.070.050.221.00.670.150.430.290.140.30.070.260.590.30.310.590.310.170.110.31
-0.430.2-0.24-0.41-0.22-0.3-0.33-1.0-0.22-0.2-0.85-0.250.08-0.240.01-0.24-0.79-0.64-0.33-0.02-0.61-0.16-0.73-0.670.02
0.11-0.350.260.09-0.07-0.30.460.3-0.060.580.490.64-0.840.660.280.260.570.540.8-0.790.58-0.77-0.08-0.34-0.79
0.22-0.020.920.130.05-0.330.460.330.060.310.450.71-0.320.83-0.080.920.570.40.52-0.240.42-0.240.080.12-0.26
0.43-0.20.240.410.22-1.00.30.330.220.20.850.25-0.080.24-0.010.240.790.640.330.020.610.160.730.67-0.02
0.95-0.220.070.961.0-0.22-0.060.060.220.680.150.440.280.150.310.070.270.590.310.30.60.30.160.10.3
0.73-0.280.20.720.67-0.20.580.310.20.680.280.79-0.440.520.570.20.460.570.64-0.460.6-0.430.0-0.21-0.44
0.44-0.270.330.410.15-0.850.490.450.850.150.280.5-0.240.550.070.330.970.650.47-0.150.62-0.060.490.37-0.18
0.59-0.350.550.540.43-0.250.640.710.250.440.790.5-0.480.910.40.550.690.580.66-0.430.59-0.410.02-0.18-0.43
0.180.19-0.110.190.290.08-0.84-0.32-0.080.28-0.44-0.24-0.48-0.44-0.35-0.1-0.32-0.11-0.540.92-0.170.920.120.320.97
0.35-0.270.690.280.14-0.240.660.830.240.150.520.550.91-0.440.170.690.690.540.6-0.380.53-0.37-0.01-0.18-0.37
0.31-0.29-0.330.350.30.010.28-0.08-0.010.310.570.070.4-0.350.17-0.330.170.110.23-0.370.09-0.340.17-0.18-0.36
0.20.21.00.090.07-0.240.260.920.240.070.20.330.55-0.10.69-0.330.430.280.34-0.060.3-0.11-0.060.13-0.07
0.54-0.330.430.510.26-0.790.570.570.790.270.460.970.69-0.320.690.170.430.710.57-0.230.69-0.140.440.29-0.25
0.72-0.450.280.710.59-0.640.540.40.640.590.570.650.58-0.110.540.110.280.710.710.020.990.050.30.090.0
0.44-0.470.340.410.3-0.330.80.520.330.310.640.470.66-0.540.60.230.340.570.71-0.520.77-0.53-0.13-0.27-0.51
0.190.18-0.060.20.31-0.02-0.79-0.240.020.3-0.46-0.15-0.430.92-0.38-0.37-0.06-0.230.02-0.52-0.050.940.210.390.98
0.72-0.460.30.70.59-0.610.580.420.610.60.60.620.59-0.170.530.090.30.690.990.77-0.05-0.020.240.05-0.07
0.240.04-0.110.250.31-0.16-0.77-0.240.160.3-0.43-0.06-0.410.92-0.37-0.34-0.11-0.140.05-0.530.94-0.020.440.560.94
0.27-0.27-0.060.280.17-0.73-0.080.080.730.160.00.490.020.12-0.010.17-0.060.440.3-0.130.210.240.440.860.17
0.17-0.020.130.160.11-0.67-0.340.120.670.1-0.210.37-0.180.32-0.18-0.180.130.290.09-0.270.390.050.560.860.35
0.20.16-0.070.210.310.02-0.79-0.26-0.020.3-0.44-0.18-0.430.97-0.37-0.36-0.07-0.250.0-0.510.98-0.070.940.170.35
Click cells to compare fundamentals

Orestone Mining Account Relationship Matchups

Orestone Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.6M2.5M3.8M3.3M3.2M3.1M
Other Current Liab13.0K44.1K84.5K59.5K124.7K72.1K
Total Current Liabilities59.6K245.9K270.9K84.7K164.8K151.2K
Total Stockholder Equity2.6M2.2M3.5M3.3M3.0M2.9M
Property Plant And Equipment Net2.4M2.3M2.9M3.2M3.2M2.6M
Net Debt(159.4K)(69.7K)(753.8K)(151.3K)(6.1K)(6.4K)
Retained Earnings(7.4M)(8.8M)(9.3M)(9.6M)(9.8M)(9.3M)
Accounts Payable46.5K201.8K186.4K25.2K40.1K38.1K
Cash159.4K69.7K753.8K151.3K6.1K5.8K
Non Current Assets Total2.4M2.4M2.9M3.2M3.2M2.6M
Cash And Short Term Investments159.5K69.8K753.8K151.3K6.1K5.8K
Net Receivables38.4K16.6K10.1K2.2K1.2K1.1K
Common Stock Shares Outstanding23.0M35.6M54.3M56.7M65.2M68.4M
Short Term Investments93.033.047.037.020.00.0
Liabilities And Stockholders Equity2.6M2.5M3.8M3.3M3.2M3.1M
Other Stockholder Equity35K2.4M2.9M3.4M3.1M3.3M
Total Liab59.6K245.9K270.9K84.7K164.8K153.2K
Total Current Assets221.4K99.1K829.1K159.7K10.8K10.3K
Accumulated Other Comprehensive Income1.7M2.4M2.9M3.4M3.9M2.2M
Net Tangible Assets1.2M2.6M2.2M3.5M3.1M2.0M
Common Stock6.3M7.6M8.1M9.4M10.8M8.1M
Property Plant Equipment1.5M2.4M2.3M2.9M2.6M1.8M
Net Invested Capital2.6M2.2M3.5M3.3M3.0M2.7M
Net Working Capital161.8K(146.9K)558.2K75.0K(153.9K)(146.2K)
Other Current Assets23.5K12.7K65.2K6.2K3.5K3.3K

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