OceanaGold Current Ratio from 2010 to 2026
| OGC Stock | CAD 47.35 -2.71 -5.41% |
Current Ratio | First Reported 2010-12-31 | Previous Quarter 1.44710303 | Current Value 1.53 | Quarterly Volatility 0.4532087 |
Macro event markers
Review OceanaGold financial statements over time to add context on performance and capital structure. Track Interest Expense of 15.6 M, Total Revenue of 2 B or Gross Profit of 941.7 M and ratios such as Price To Sales Ratio of 3.23, Dividend Yield of 0.0036 or PTB Ratio of 3.77 to align performance context with OceanaGold Valuation and Volatility.
OceanaGold | Current Ratio |
Evaluating OceanaGold's Current Ratio across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into OceanaGold's fundamental strength.
Latest OceanaGold's Current Ratio Growth Pattern
Below is the plot of the Current Ratio of OceanaGold over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. OceanaGold's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in OceanaGold's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 1.67 X | 10 Years Trend |
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Current Ratio |
| Timeline |
OceanaGold Current Ratio Regression Statistics
| Arithmetic Mean | 1.42 | |
| Geometric Mean | 1.36 | |
| Coefficient Of Variation | 31.91 | |
| Mean Deviation | 0.35 | |
| Median | 1.38 | |
| Standard Deviation | 0.45 | |
| Sample Variance | 0.21 | |
| Range | 1.6024 | |
| R-Value | -0.27 | |
| Mean Square Error | 0.20 | |
| R-Squared | 0.07 | |
| Significance | 0.30 | |
| Slope | -0.02 | |
| Total Sum of Squares | 3.29 |
OceanaGold Current Ratio History
Stock Overview, Methodology & Data Sources
OceanaGold Corporation, a gold producer, engages in the exploration, development, and operation of mineral properties. OceanaGold Corporation was founded in 2003 and is based in South Brisbane, Australia. OCEANAGOLD CORPORATION operates under Gold classification in Canada and is traded on Toronto Stock Exchange. A high-level view of OceanaGold emphasizes earnings durability, balance-sheet flexibility, and competitive positioning. Current metrics include P/E of 22.33, P/B of 3.66, profit margin of 33.21%. OceanaGold has a market cap of 10.66 B, P/E of 22.33, ROE of 30.05%.
Methodology
Unless otherwise specified, financial data for OceanaGold is derived from periodic company reporting (annual and quarterly where available). Asset-level metrics are computed daily by Macroaxis LLC and refreshed regularly based on asset type. OceanaGold (CA:OGC) prices are typically delayed by approximately 20 minutes from primary exchanges for listed equities. Data may be delayed depending on reporting sources and market conventions. Assumptions: We primarily rely on public filings and market reference sources, including disclosures published by U.S. Securities and Exchange Commission (SEC) via EDGAR. Data is normalized for analytical consistency across reporting formats. All analytics are generated using standardized, rules-based models designed to promote consistency and comparability across instruments. Model assumptions, reference parameters, and selected computational inputs are available in the Model Inputs section. If you have questions about our data sources or methodology, please contact Macroaxis Support.
Analyst Sources
OceanaGold may have analyst coverage included in Macroaxis-derived consensus inputs when available. Updates may occur throughout the day.
This content is curated and reviewed by:
Raphi Shpitalnik - Junior Member of Macroaxis Editorial BoardPair Trading with OceanaGold
Pair trading with OceanaGold can help investors hedge some company-specific exposure by balancing a long view with an offsetting position. The key question is whether the second leg adds real hedge value instead of just creating a more complex version of the same risk.
Moving together with OceanaGold Stock
| 0.97 | AG | First Majestic Silver | PairCorr |
| 0.88 | ORE | Orezone Gold Corp | PairCorr |
| 0.83 | FDY | Faraday Copper Corp | PairCorr |
Moving against OceanaGold Stock
Correlation analysis helps investors find suitable substitutes for OceanaGold during tax-loss harvesting periods. Selling OceanaGold at a loss and immediately repurchasing it would violate IRS wash-sale rules, so a correlated replacement asset is required to maintain portfolio.
Measuring the statistical correlation of OceanaGold against other instruments helps investors understand portfolio diversification. A correlation near zero implies that OceanaGold provides genuine diversification benefits, while high positive correlations suggest redundant exposures.
Correlation analysis and pair trading evaluation for OceanaGold can be used to frame hedging context. The context can be applied within sectors, industries, or broader universes.More Resources for OceanaGold Stock Analysis
Other Information on Investing in OceanaGold Stock
OceanaGold financial ratios help frame valuation context across profits, cash flow, and enterprise value. They help compare OceanaGold across valuation measures.