Osisko Metals Return On Equity vs. Cash And Equivalents
| OM Stock | CAD 0.33 0.03 10.00% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.10780159 | Current Value 0.11 | Quarterly Volatility 0.54737955 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.19 | 0.29 |
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| Operating Profit Margin | 54.87 | 52.26 |
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For Osisko Metals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Osisko Metals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Osisko Metals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Osisko Metals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Osisko Metals over time as well as its relative position and ranking within its peers.
Osisko |
Osisko Metals Cash And Equivalents vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Osisko Metals's current stock value. Our valuation model uses many indicators to compare Osisko Metals value to that of its competitors to determine the firm's financial worth. Osisko Metals is regarded second in return on equity category among its peers. It is considered to be number one stock in cash and equivalents category among its peers . At this time, Osisko Metals' Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Osisko Metals' earnings, one of the primary drivers of an investment's value.Osisko Cash And Equivalents vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Osisko Metals |
| = | -0.0512 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Osisko Metals |
| = | 8.55 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Osisko Cash And Equivalents Comparison
Osisko Metals is currently under evaluation in cash and equivalents category among its peers.
Osisko Metals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Osisko Metals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Osisko Metals will eventually generate negative long term returns. The profitability progress is the general direction of Osisko Metals' change in net profit over the period of time. It can combine multiple indicators of Osisko Metals, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 2.4 M | 2.5 M | |
| Operating Income | -3.7 M | -3.5 M | |
| Income Before Tax | 10.8 M | 11.3 M | |
| Total Other Income Expense Net | 14.5 M | 15.2 M | |
| Net Income | 11.3 M | 11.8 M | |
| Income Tax Expense | -778.4 K | -739.5 K | |
| Net Income From Continuing Ops | 11.3 M | 11.8 M | |
| Net Loss | -4.7 M | -5 M | |
| Net Interest Income | -2.5 M | -2.4 M | |
| Interest Income | 225.2 K | 152.1 K | |
| Change To Netincome | 5.7 M | 5.9 M | |
| Net Income Per Share | 0.05 | 0.05 | |
| Income Quality | (0.30) | (0.29) | |
| Net Income Per E B T | 1.07 | 0.81 |
Osisko Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Osisko Metals. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Osisko Metals position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Osisko Metals' important profitability drivers and their relationship over time.
Use Osisko Metals in pair-trading
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 Osisko Metals 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 Osisko Metals will appreciate offsetting losses from the drop in the long position's value.Osisko Metals Pair Trading
Osisko Metals Pair Trading Analysis
The ability to find closely correlated positions to Osisko Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Osisko Metals 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 Osisko Metals - 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 Osisko Metals to buy it.
The correlation of Osisko Metals 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 Osisko Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Osisko Metals 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 Osisko Metals 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.Use Investing Themes to Complement your Osisko Metals position
In addition to having Osisko Metals in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Tools for Osisko Stock Analysis
When running Osisko Metals' price analysis, check to measure Osisko Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Osisko Metals is operating at the current time. Most of Osisko Metals' value examination focuses on studying past and present price action to predict the probability of Osisko Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Osisko Metals' price. Additionally, you may evaluate how the addition of Osisko Metals to your portfolios can decrease your overall portfolio volatility.