Olympia Historical Balance Sheet

OLY Stock  CAD 109.00  0.75  0.68%   
Trend analysis of Olympia Financial Group balance sheet accounts such as Total Stockholder Equity of 42.7 M provides information on Olympia Financial's total assets, liabilities, and equity, which is the actual value of Olympia Financial to its prevalent stockholders. By breaking down trends over time using Olympia Financial balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Olympia Financial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Olympia Financial is a good buy for the upcoming year.

Olympia Financial Inventory

(37.47 Million)

  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Olympia Financial 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 board of governors.

About Olympia Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Olympia Financial at a specified time, usually calculated after every quarter, six months, or one year. Olympia Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Olympia Financial and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Olympia currently owns. An asset can also be divided into two categories, current and non-current.

Olympia Financial Balance Sheet Chart

At this time, Olympia Financial's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 18th of February 2025, Total Current Assets is likely to grow to about 48.3 M, while Total Current Liabilities is likely to drop about 8 M.

Total Assets

Total assets refers to the total amount of Olympia Financial 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 Olympia Financial 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.

Total Current Liabilities

Total Current Liabilities is an item on Olympia Financial balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Olympia Financial Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most accounts from Olympia Financial's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Olympia Financial current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Olympia Financial 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 board of governors.
At this time, Olympia Financial's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 18th of February 2025, Total Current Assets is likely to grow to about 48.3 M, while Total Current Liabilities is likely to drop about 8 M.
 2022 2023 2024 2025 (projected)
Other Current Liabilities3.8M8.0M9.2M9.7M
Total Assets37.5M47.3M54.4M57.1M

Olympia Financial balance sheet Correlations

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0.640.650.44-0.030.420.080.29-0.350.090.420.47-0.38-0.330.810.640.620.030.480.32-0.220.37-0.520.170.270.34
0.560.650.23-0.010.220.550.68-0.070.550.110.48-0.52-0.330.670.990.450.630.480.19-0.510.5-0.110.630.460.44
0.930.440.23-0.21.00.310.23-0.850.320.970.6-0.37-0.37-0.080.180.950.130.620.88-0.17-0.08-0.880.280.71-0.11
-0.15-0.03-0.01-0.2-0.18-0.670.390.0-0.66-0.11-0.390.25-0.410.130.04-0.290.19-0.390.090.17-0.350.150.130.310.27
0.920.420.221.0-0.180.30.23-0.860.310.970.57-0.34-0.39-0.090.170.950.120.590.88-0.18-0.11-0.890.270.71-0.12
0.440.080.550.31-0.670.30.250.021.00.130.54-0.50.030.010.490.430.560.530.13-0.450.41-0.10.450.24-0.06
0.470.290.680.230.390.230.25-0.060.250.10.36-0.43-0.560.330.750.250.690.350.27-0.180.31-0.070.580.580.72
-0.73-0.35-0.07-0.850.0-0.860.02-0.060.02-0.92-0.330.120.340.1-0.02-0.790.11-0.35-0.780.160.250.78-0.13-0.650.24
0.450.090.550.32-0.660.311.00.250.020.130.54-0.50.030.010.490.440.570.530.14-0.450.41-0.10.460.25-0.06
0.850.420.110.97-0.110.970.130.1-0.920.130.47-0.22-0.36-0.110.060.91-0.030.490.89-0.19-0.23-0.90.180.67-0.21
0.670.470.480.6-0.390.570.540.36-0.330.540.47-0.850.110.240.460.660.291.00.49-0.020.47-0.40.410.380.14
-0.5-0.38-0.52-0.370.25-0.34-0.5-0.430.12-0.5-0.22-0.85-0.18-0.33-0.51-0.44-0.43-0.84-0.37-0.12-0.540.14-0.39-0.31-0.25
-0.46-0.33-0.33-0.37-0.41-0.390.03-0.560.340.03-0.360.11-0.18-0.23-0.35-0.34-0.230.1-0.40.230.320.4-0.05-0.49-0.28
0.210.810.67-0.080.13-0.090.010.330.10.01-0.110.24-0.33-0.230.690.150.130.24-0.08-0.120.450.020.08-0.030.45
0.530.640.990.180.040.170.490.75-0.020.490.060.46-0.51-0.350.690.390.620.450.14-0.460.56-0.060.620.420.58
0.970.620.450.95-0.290.950.430.25-0.790.440.910.66-0.44-0.340.150.390.20.680.81-0.310.09-0.830.360.68-0.05
0.350.030.630.130.190.120.560.690.110.57-0.030.29-0.43-0.230.130.620.20.290.22-0.330.280.150.820.620.26
0.690.480.480.62-0.390.590.530.35-0.350.530.491.0-0.840.10.240.450.680.290.5-0.020.47-0.420.40.40.14
0.810.320.190.880.090.880.130.27-0.780.140.890.49-0.37-0.4-0.080.140.810.220.5-0.01-0.26-0.740.30.76-0.16
-0.32-0.22-0.51-0.170.17-0.18-0.45-0.180.16-0.45-0.19-0.02-0.120.23-0.12-0.46-0.31-0.33-0.02-0.01-0.010.16-0.47-0.360.0
0.160.370.5-0.08-0.35-0.110.410.310.250.41-0.230.47-0.540.320.450.560.090.280.47-0.26-0.010.220.34-0.090.53
-0.78-0.52-0.11-0.880.15-0.89-0.1-0.070.78-0.1-0.9-0.40.140.40.02-0.06-0.830.15-0.42-0.740.160.22-0.08-0.490.16
0.460.170.630.280.130.270.450.58-0.130.460.180.41-0.39-0.050.080.620.360.820.40.3-0.470.34-0.080.710.25
0.770.270.460.710.310.710.240.58-0.650.250.670.38-0.31-0.49-0.030.420.680.620.40.76-0.36-0.09-0.490.710.06
0.140.340.44-0.110.27-0.12-0.060.720.24-0.06-0.210.14-0.25-0.280.450.58-0.050.260.14-0.160.00.530.160.250.06
Click cells to compare fundamentals

Olympia Financial Account Relationship Matchups

Olympia Financial balance sheet Accounts

202020212022202320242025 (projected)
Total Assets30.7M36.6M37.5M47.3M54.4M57.1M
Other Current Liab4.8M3.2M3.8M8.0M9.2M9.7M
Total Current Liabilities11.6M16.6M11.2M11.5M13.2M8.0M
Total Stockholder Equity18.9M18.8M25.3M35.3M40.6M42.7M
Net Debt(10.0M)(1.3M)(2.0M)(7.4M)(8.5M)(8.9M)
Retained Earnings10.9M10.8M17.3M27.3M31.5M33.0M
Cash15.9M15.1M8.4M10.9M12.6M10.3M
Non Current Assets Total6.7M11.8M9.0M7.3M8.4M5.1M
Non Currrent Assets Other5.8M2.1M980K(42.1M)(37.9M)(36.0M)
Cash And Short Term Investments15.9M15.3M8.4M10.9M12.6M10.5M
Net Receivables8.4M7.1M16.7M25.6M29.5M31.0M
Liabilities And Stockholders Equity30.7M36.6M37.5M47.3M54.4M57.1M
Other Current Assets5.2M2.3M3.5M3.4M4.0M3.1M
Total Liab11.8M17.8M12.2M12.0M13.7M8.7M
Total Current Assets24.0M24.8M28.5M40.0M46.0M48.3M
Short Term Debt5.8M12.6M5.3M3.1M3.5M4.1M
Current Deferred Revenue550.9K716.2K834.8K939.5K1.1M1.1M
Accounts Payable222.8K109.2K457.2K385.7K347.1K543.8K
Property Plant And Equipment Net1.3M1.5M1.5M1.2M1.4M1.7M
Property Plant And Equipment Gross1.3M6.2M2.5M2.6M2.9M2.1M
Intangible Assets2.3M8.6M6.8M5.2M6.0M6.3M
Non Current Liabilities Total147.6K1.2M1.0M495.4K569.7K993.8K
Inventory56.5K49.4K42.3K(43.8M)(39.4M)(37.5M)
Net Tangible Assets15.4M16.6M10.1M18.5M21.3M14.0M
Other Assets2.9M1.5M591.8K(44.2M)(39.8M)(37.8M)
Long Term Investments72.6K99.0K96.5K89.5K80.6K76.9K
Property Plant Equipment2.2M1.3M1.5M1.5M1.4M1.6M
Short Long Term Debt Total6.0M13.8M6.3M3.6M4.1M6.8M
Short Long Term Debt4.9M12.4M5.0M2.6M3.0M2.8M
Long Term Debt Total1.0M147.6K1.2M1.0M1.2M1.2M
Net Invested Capital23.9M31.2M30.3M37.9M43.6M28.8M

Pair Trading with Olympia Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Olympia Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Olympia Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Olympia Stock

  0.91OIII O3 MiningPairCorr
The ability to find closely correlated positions to Olympia Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Olympia Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Olympia Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Olympia Financial Group to buy it.
The correlation of Olympia Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Olympia Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Olympia Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Olympia Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Olympia Stock

Balance Sheet is a snapshot of the financial position of Olympia Financial at a specified time, usually calculated after every quarter, six months, or one year. Olympia Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Olympia Financial and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Olympia currently owns. An asset can also be divided into two categories, current and non-current.