Orestone Mining Return On Asset vs. Total Debt

ORS Stock  CAD 0.02  0.01  33.33%   
Considering the key profitability indicators obtained from Orestone Mining's historical financial statements, Orestone Mining's profitability may be sliding down. It has an above-average likelihood of reporting lower numbers next quarter. Profitability indicators assess Orestone Mining's ability to earn profits and add value for shareholders. At this time, Orestone Mining's Net Debt To EBITDA is fairly stable compared to the past year. Current Ratio is likely to climb to 18.86 in 2024, whereas Free Cash Flow Yield is likely to drop (0.61) in 2024.
For Orestone Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Orestone Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Orestone Mining Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Orestone Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Orestone Mining Corp over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Orestone Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Orestone Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orestone Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Orestone Mining Corp Total Debt vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Orestone Mining's current stock value. Our valuation model uses many indicators to compare Orestone Mining value to that of its competitors to determine the firm's financial worth.
Orestone Mining Corp is considered to be number one stock in return on asset category among its peers. It is regarded third in total debt category among its peers . 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 Orestone Mining's earnings, one of the primary drivers of an investment's value.

Orestone Total Debt vs. Return On Asset

Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Orestone Mining

Return On Asset

 = 

Net Income

Total Assets

 = 
-0.0178
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.

Orestone Mining

Total Debt

 = 

Bonds

+

Notes

 = 
164.79 K
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.

Orestone Total Debt vs Competition

Orestone Mining Corp is regarded third in total debt category among its peers. Total debt of Materials industry is now estimated at about 4.11 Million. Orestone Mining holds roughly 164,786 in total debt claiming about 4% of all equities under Materials industry.
Total debt  Revenue  Capitalization  Workforce  Valuation

Orestone Mining Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Orestone Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Orestone Mining will eventually generate negative long term returns. The profitability progress is the general direction of Orestone Mining's change in net profit over the period of time. It can combine multiple indicators of Orestone Mining, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income3.9 M2.2 M
Operating Income-217.5 K-228.4 K
Income Before Tax-221.2 K-232.3 K
Total Other Income Expense Net-3.7 K-3.9 K
Net Loss-221.2 K-232.3 K
Income Tax Expense-167.9 K-159.5 K
Net Loss-221.2 K-232.3 K
Net Loss-635.3 K-667 K
Net Interest Income 3.60  3.42 
Interest Income 3.60  3.42 
Change To Netincome132.2 K125.6 K
Net Income Per Share 0.00  0.07 
Income Quality 0.65 (6.83)
Net Loss(0.46)(0.44)

Orestone Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Orestone Mining. 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 Orestone Mining 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 Orestone Mining's important profitability drivers and their relationship over time.

Use Orestone Mining 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 Orestone Mining 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 Orestone Mining will appreciate offsetting losses from the drop in the long position's value.

Orestone Mining Pair Trading

Orestone Mining Corp Pair Trading Analysis

The ability to find closely correlated positions to Orestone Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Orestone Mining 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 Orestone Mining - 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 Orestone Mining Corp to buy it.
The correlation of Orestone Mining 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 Orestone Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Orestone Mining 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 Orestone Mining 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

Use Investing Themes to Complement your Orestone Mining position

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Additional Tools for Orestone Stock Analysis

When running Orestone Mining's price analysis, check to measure Orestone Mining's 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 Orestone Mining is operating at the current time. Most of Orestone Mining's value examination focuses on studying past and present price action to predict the probability of Orestone Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orestone Mining's price. Additionally, you may evaluate how the addition of Orestone Mining to your portfolios can decrease your overall portfolio volatility.