Orezone Historical Balance Sheet

ORE Stock

0.95 0.07 7.95%

Trend analysis of Orezone Gold Corp balance sheet accounts such as Total Stockholder Equity of 270.7 M provides information on Orezone Gold's total assets, liabilities, and equity, which is the actual value of Orezone Gold Corp to its prevalent stockholders. By breaking down trends over time using Orezone Gold 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.

Cash Flow Balance Sheet Income Statement

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Orezone Gold Corp 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 Orezone Gold Corp is a good buy for the upcoming year.

Orezone Gold Inventory

13.43 Million

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orezone Gold 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.

About Orezone Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Orezone Gold Corp at a specified time, usually calculated after every quarter, six months, or one year. Orezone Gold Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Orezone Gold 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 Orezone currently owns. An asset can also be divided into two categories, current and non-current.

Orezone Gold Balance Sheet Chart

At this time, Orezone Gold's Accounts Payable is very stable compared to the past year. As of the 27th of March 2025, Cash is likely to grow to about 77.7 M, while Retained Earnings are likely to drop (140.3 M).

Total Assets Other Current Liab Total Current Liabilities Total Stockholder Equity

Add Fundamental

Total Assets

Total assets refers to the total amount of Orezone Gold 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 Orezone Gold 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.

Total Current Liabilities

Total Current Liabilities is an item on Orezone Gold balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Orezone Gold Corp 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 Orezone Gold's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Orezone Gold Corp 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 Orezone Gold 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.

	2022	2023	2024	2025 (projected)
Other Current Liabilities	23.1M	21.5M	24.8M	26.0M
Total Assets	252.3M	320.1M	448.6M	471.0M

Other Current Liab Total Assets

Orezone Gold balance sheet Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Inventory	Short Long Term Debt Total	Short Term Investments	Common Stock	Short Term Debt	Property Plant Equipment
Total Assets		0.97	0.97	0.98	0.98	0.52	-0.18	0.96	0.8	0.99	0.97	0.96	0.26	0.5	0.91	0.94	0.87	0.36	0.96	0.94	0.94	0.94	0.97	0.78	0.86	0.98
Other Current Liab	0.97		0.98	0.89	0.99	0.69	-0.34	0.98	0.68	0.98	0.93	0.95	0.26	0.65	0.93	0.99	0.84	0.35	0.99	0.84	0.95	0.99	0.95	0.85	0.89	1.0
Total Current Liabilities	0.97	0.98		0.9	0.99	0.7	-0.25	0.99	0.64	0.99	0.96	0.99	0.16	0.63	0.89	0.96	0.89	0.32	0.99	0.83	0.99	0.98	0.99	0.81	0.93	0.99
Total Stockholder Equity	0.98	0.89	0.9		0.91	0.33	-0.09	0.9	0.89	0.95	0.95	0.91	0.3	0.33	0.88	0.85	0.83	0.38	0.88	0.98	0.87	0.85	0.93	0.7	0.76	0.91
Property Plant And Equipment Net	0.98	0.99	0.99	0.91		0.68	-0.28	0.98	0.68	0.99	0.95	0.97	0.22	0.62	0.91	0.99	0.87	0.33	1.0	0.85	0.96	0.99	0.96	0.82	0.9	1.0
Net Debt	0.52	0.69	0.7	0.33	0.68		-0.4	0.69	-0.05	0.6	0.53	0.66	-0.16	0.86	0.5	0.73	0.55	0.06	0.73	0.2	0.72	0.76	0.61	0.61	0.78	0.68
Retained Earnings	-0.18	-0.34	-0.25	-0.09	-0.28	-0.4		-0.28	-0.05	-0.2	-0.13	-0.21	-0.31	-0.38	-0.53	-0.34	-0.17	0.03	-0.31	-0.08	-0.22	-0.31	-0.13	-0.55	-0.16	-0.28
Accounts Payable	0.96	0.98	0.99	0.9	0.98	0.69	-0.28		0.65	0.98	0.95	0.98	0.22	0.61	0.89	0.96	0.91	0.34	0.98	0.83	0.98	0.97	0.97	0.82	0.9	0.98
Cash	0.8	0.68	0.64	0.89	0.68	-0.05	-0.05	0.65		0.74	0.72	0.65	0.56	0.09	0.75	0.63	0.56	0.45	0.64	0.96	0.58	0.61	0.68	0.53	0.47	0.68
Non Current Assets Total	0.99	0.98	0.99	0.95	0.99	0.6	-0.2	0.98	0.74		0.97	0.98	0.2	0.55	0.9	0.96	0.88	0.33	0.98	0.89	0.96	0.97	0.98	0.79	0.89	0.99
Non Currrent Assets Other	0.97	0.93	0.96	0.95	0.95	0.53	-0.13	0.95	0.72	0.97		0.96	0.11	0.44	0.87	0.89	0.9	0.25	0.93	0.88	0.94	0.91	0.98	0.75	0.84	0.94
Other Assets	0.96	0.95	0.99	0.91	0.97	0.66	-0.21	0.98	0.65	0.98	0.96		0.1	0.64	0.87	0.93	0.86	0.32	0.96	0.84	0.99	0.96	0.99	0.75	0.95	0.96
Cash And Short Term Investments	0.26	0.26	0.16	0.3	0.22	-0.16	-0.31	0.22	0.56	0.2	0.11	0.1		-0.08	0.35	0.25	0.22	0.46	0.21	0.42	0.08	0.17	0.1	0.37	-0.03	0.22
Net Receivables	0.5	0.65	0.63	0.33	0.62	0.86	-0.38	0.61	0.09	0.55	0.44	0.64	-0.08		0.49	0.69	0.31	0.17	0.67	0.27	0.67	0.74	0.56	0.52	0.81	0.63
Common Stock Shares Outstanding	0.91	0.93	0.89	0.88	0.91	0.5	-0.53	0.89	0.75	0.9	0.87	0.87	0.35	0.49		0.89	0.77	0.29	0.9	0.85	0.84	0.88	0.85	0.88	0.72	0.91
Non Current Liabilities Total	0.94	0.99	0.96	0.85	0.99	0.73	-0.34	0.96	0.63	0.96	0.89	0.93	0.25	0.69	0.89		0.8	0.31	0.99	0.79	0.93	0.99	0.92	0.83	0.9	0.99
Other Current Assets	0.87	0.84	0.89	0.83	0.87	0.55	-0.17	0.91	0.56	0.88	0.9	0.86	0.22	0.31	0.77	0.8		0.29	0.85	0.75	0.88	0.8	0.89	0.73	0.72	0.85
Other Stockholder Equity	0.36	0.35	0.32	0.38	0.33	0.06	0.03	0.34	0.45	0.33	0.25	0.32	0.46	0.17	0.29	0.31	0.29		0.32	0.43	0.31	0.31	0.32	0.2	0.28	0.32
Total Liab	0.96	0.99	0.99	0.88	1.0	0.73	-0.31	0.98	0.64	0.98	0.93	0.96	0.21	0.67	0.9	0.99	0.85	0.32		0.82	0.96	1.0	0.96	0.83	0.92	1.0
Total Current Assets	0.94	0.84	0.83	0.98	0.85	0.2	-0.08	0.83	0.96	0.89	0.88	0.84	0.42	0.27	0.85	0.79	0.75	0.43	0.82		0.78	0.79	0.86	0.66	0.68	0.85
Inventory	0.94	0.95	0.99	0.87	0.96	0.72	-0.22	0.98	0.58	0.96	0.94	0.99	0.08	0.67	0.84	0.93	0.88	0.31	0.96	0.78		0.96	0.98	0.76	0.96	0.96
Short Long Term Debt Total	0.94	0.99	0.98	0.85	0.99	0.76	-0.31	0.97	0.61	0.97	0.91	0.96	0.17	0.74	0.88	0.99	0.8	0.31	1.0	0.79	0.96		0.94	0.81	0.94	0.99
Short Term Investments	0.97	0.95	0.99	0.93	0.96	0.61	-0.13	0.97	0.68	0.98	0.98	0.99	0.1	0.56	0.85	0.92	0.89	0.32	0.96	0.86	0.98	0.94		0.74	0.92	0.96
Common Stock	0.78	0.85	0.81	0.7	0.82	0.61	-0.55	0.82	0.53	0.79	0.75	0.75	0.37	0.52	0.88	0.83	0.73	0.2	0.83	0.66	0.76	0.81	0.74		0.65	0.82
Short Term Debt	0.86	0.89	0.93	0.76	0.9	0.78	-0.16	0.9	0.47	0.89	0.84	0.95	-0.03	0.81	0.72	0.9	0.72	0.28	0.92	0.68	0.96	0.94	0.92	0.65		0.9
Property Plant Equipment	0.98	1.0	0.99	0.91	1.0	0.68	-0.28	0.98	0.68	0.99	0.94	0.96	0.22	0.63	0.91	0.99	0.85	0.32	1.0	0.85	0.96	0.99	0.96	0.82	0.9

Click cells to compare fundamentals

Orezone Gold Account Relationship Matchups

Orezone Gold balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	13.0M	140.5M	252.3M	320.1M	448.6M	471.0M
Total Current Liabilities	3.1M	19.4M	73.8M	83.4M	84.0M	88.2M
Total Stockholder Equity	19.7M	64.0M	79.1M	148.9M	257.8M	270.7M
Property Plant And Equipment Net	2.6M	97.3M	183.3M	193.2M	213.5M	224.2M
Net Debt	(8.7M)	10.3M	113.7M	73.9M	6.4M	6.7M
Retained Earnings	(214.8M)	(233.4M)	(232.4M)	(189.3M)	(133.6M)	(140.3M)
Accounts Payable	677.4K	6.3M	17.5M	21.8M	19.9M	20.9M
Cash	8.9M	36.1M	9.2M	19.5M	74.0M	77.7M
Non Current Assets Total	3.3M	101.4M	221.1M	267.2M	332.3M	348.9M
Non Currrent Assets Other	(3.3M)	3.7M	37.4M	73.9M	88.7M	93.2M
Cash And Short Term Investments	8.9M	36.1M	9.2M	19.5M	22.4M	16.8M
Net Receivables	30.5K	313.4K	5.4M	925K	1.1M	1.1M
Common Stock Shares Outstanding	248.7M	317.9M	346.7M	368.3M	465.6M	488.9M
Liabilities And Stockholders Equity	13.0M	140.5M	252.3M	320.1M	368.1M	386.5M
Non Current Liabilities Total	167.6K	67.3M	108.2M	90.3M	100.6M	105.6M
Other Current Assets	222.5K	2.4M	4.0M	18.8M	10.9M	11.4M
Other Stockholder Equity	16.9M	23.7M	30.2M	30.6M	35.1M	52.8M
Total Liab	3.3M	86.6M	182.0M	173.7M	184.6M	193.8M
Total Current Assets	9.6M	39.1M	31.2M	52.9M	116.3M	122.1M
Accumulated Other Comprehensive Income	21.9M	29.2M	489.1K	682K	784.3K	745.1K
Inventory	507.7K	357.0K	12.7M	13.7M	12.8M	13.4M
Short Long Term Debt Total	167.6K	46.4M	122.9M	93.4M	107.4M	112.8M
Common Stock	212.5M	268.2M	280.9M	306.9M	353.0M	212.7M
Long Term Debt Total	230.8K	167.6K	46.3M	89.7M	103.1M	108.3M
Property Plant Equipment	3.1M	2.6M	97.3M	183.3M	210.8M	221.4M
Net Tangible Assets	20.9M	19.7M	64.0M	79.1M	91.0M	48.9M
Net Invested Capital	19.7M	109.8M	201.0M	241.4M	338.2M	355.1M
Long Term Investments	791.0K	403.1K	307.0K	36K	32.4K	30.8K
Capital Stock	212.5M	268.2M	280.9M	306.9M	359.3M	286.4M
Net Working Capital	6.5M	19.8M	(42.6M)	(30.5M)	32.3M	33.9M
Capital Lease Obligations	167.6K	578.5K	1.0M	851K	624K	638.4K
Property Plant And Equipment Gross	10.0M	105.6M	195.6M	236.7M	286.8M	154.7M

Pair Trading with Orezone Gold

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 Orezone Gold 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 Orezone Gold will appreciate offsetting losses from the drop in the long position's value.

Moving together with Orezone Stock

0.61	FDR	Flinders Resources	Pair Corr
0.64	FDY	Faraday Copper Corp	Pair Corr

Moving against Orezone Stock

0.78	MSFT	Microsoft Corp CDR	Pair Corr
0.64	GOOG	Alphabet CDR	Pair Corr
0.58	IE	Ivanhoe Energy	Pair Corr
0.56	AAPL	Apple Inc CDR	Pair Corr
0.51	AMZN	Amazon CDR	Pair Corr

The ability to find closely correlated positions to Orezone Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Orezone Gold 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 Orezone Gold - 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 Orezone Gold Corp to buy it.

The correlation of Orezone Gold 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 Orezone Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Orezone Gold Corp 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 Orezone Gold 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 Correlation Correlation Matching

Other Information on Investing in Orezone Stock

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Orezone Historical Balance Sheet

Orezone Gold Inventory

13.43 Million

About Orezone Balance Sheet Analysis

Orezone Gold Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Stockholder Equity

Orezone Gold balance sheet Correlations

Orezone Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Orezone Gold balance sheet Accounts

Pair Trading with Orezone Gold

Moving together with Orezone Stock

Moving against Orezone Stock

Other Information on Investing in Orezone Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant Equipment	+ 1.0	Other Current Liab
Total Liab	+ 1.0	Property Plant And Equipment Net
Property Plant Equipment	+ 1.0	Property Plant And Equipment Net
Short Long Term Debt Total	+ 1.0	Total Liab
Property Plant Equipment	+ 1.0	Total Liab
Non Current Assets Total	+ 0.99	Total Assets

Common Stock	- 0.55	Retained Earnings
Common Stock Shares Outstanding	- 0.53	Retained Earnings
Retained Earnings	- 0.4	Net Debt
Net Receivables	- 0.38	Retained Earnings
Non Current Liabilities Total	- 0.34	Retained Earnings
Retained Earnings	- 0.34	Other Current Liab