Osceola Gold (Osceola Gold) Piotroski F-Score : 5 (As of May. 02, 2024)

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What is Osceola Gold Piotroski F-Score?

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Osceola Gold has an F-score of 5 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Osceola Gold's Piotroski F-Score or its related term are showing as below:

OSCI' s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 4 Max: 5
Current: 5

During the past 5 years, the highest Piotroski F-Score of Osceola Gold was 5. The lowest was 2. And the median was 4.

Osceola Gold Piotroski F-Score Historical Data

The historical data trend for Osceola Gold's Piotroski F-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Osceola Gold Piotroski F-Score Chart

Osceola Gold Annual Data

Trend

Dec09

Dec10

Dec11

Dec21

Dec22

Piotroski F-Score

N/A

2.00

Osceola Gold Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Dec21	Dec22	Mar23	Jun23	Sep23
Piotroski F-Score	Get a 7-Day Free Trial											N/A	2.00	4.00	3.00	5.00

Competitive Comparison of Osceola Gold's Piotroski F-Score

For the Gold subindustry, Osceola Gold's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Osceola Gold's Piotroski F-Score Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Osceola Gold's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Osceola Gold's Piotroski F-Score falls into.

How is the Piotroski F-Score calculated?

This Year (Sep23) TTM:

Last Year (Dec21) TTM:

Net Income was 0 + -0.004 + -0.004 + -0.02 = $-0.03 Mil.
Cash Flow from Operations was 0 + 0.748 + 0.748 + 0.248 = $1.74 Mil.
Revenue was 0 + 0 + 0 + 0 = $0.00 Mil.
Gross Profit was 0 + 0 + 0 + 0 = $0.00 Mil.
Average Total Assets from the begining of this year (Dec21)
to the end of this year (Sep23) was
(0.01 + 0.016 + 0.017 + 0.017 + 0.033) / 5 = $0.0186 Mil.
Total Assets at the begining of this year (Dec21) was $0.01 Mil.
Long-Term Debt & Capital Lease Obligation was $6.99 Mil.
Total Current Assets was $0.02 Mil.
Total Current Liabilities was $3.79 Mil.

Net Income was -0.507 + -0.345 + -0.368 + 0 = $-1.22 Mil.

Revenue was 0.198 + 0.107 + 0.17 + 0 = $0.48 Mil.
Gross Profit was 0.198 + 0.107 + 0.17 + 0 = $0.48 Mil.
Average Total Assets from the begining of last year (Sep11)
to the end of last year (Dec21) was
(0.33 + 0.342 + 0.331 + 0.273 + 0.01) / 5 = $0.2572 Mil.
Total Assets at the begining of last year (Sep11) was $0.33 Mil.
Long-Term Debt & Capital Lease Obligation was $5.04 Mil.
Total Current Assets was $0.00 Mil.
Total Current Liabilities was $2.58 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Osceola Gold's current Net Income (TTM) was -0.03. ==> Negative ==> Score 0.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Osceola Gold's current Cash Flow from Operations (TTM) was 1.74. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)	=	Net Income	/	Total Assets (Dec21)
	=	-0.028	/	0.01
	=	-2.8

ROA (Last Year)	=	Net Income	/	Total Assets (Sep11)
	=	-1.22	/	0.33
	=	-3.6969697

Osceola Gold's return on assets of this year was -2.8. Osceola Gold's return on assets of last year was -3.6969697. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Osceola Gold's current Net Income (TTM) was -0.03. Osceola Gold's current Cash Flow from Operations (TTM) was 1.74. ==> 1.74 > -0.03 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Sep23)	=	Long-Term Debt & Capital Lease Obligation	/	Average Total Assets from Dec21 to Sep23
	=	6.987	/	0.0186
	=	375.64516129

Gearing (Last Year: Dec21)	=	Long-Term Debt & Capital Lease Obligation	/	Average Total Assets from Sep11 to Dec21
	=	5.038	/	0.2572
	=	19.58786936

Osceola Gold's gearing of this year was 375.64516129. Osceola Gold's gearing of last year was 19.58786936. ==> Last year is lower than this year ==> Score 0.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Sep23)	=	Total Current Assets	/	Total Current Liabilities
	=	0.018	/	3.786
	=	0.00475436

Current Ratio (Last Year: Dec21)	=	Total Current Assets	/	Total Current Liabilities
	=	0	/	2.581
	=	0

Osceola Gold's current ratio of this year was 0.00475436. Osceola Gold's current ratio of last year was 0. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Osceola Gold's number of shares in issue this year was 293.464. Osceola Gold's number of shares in issue last year was 297.264. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)	=	Gross Profit	/	Revenue
	=	0	/	0
	=

Gross Margin (Last Year: TTM)	=	Gross Profit	/	Revenue
	=	0.475	/	0.475
	=	1

Osceola Gold's gross margin of this year was . Osceola Gold's gross margin of last year was 1. ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)	=	Revenue	/	Total Assets at the Beginning of This Year (Dec21)
	=	0	/	0.01
	=	0

Asset Turnover (Last Year)	=	Revenue	/	Total Assets at the Beginning of Last Year (Sep11)
	=	0.475	/	0.33
	=	1.43939394

Osceola Gold's asset turnover of this year was 0. Osceola Gold's asset turnover of last year was 1.43939394. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score

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Que. 2

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Que. 9

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Osceola Gold has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Osceola Gold (OTCPK:OSCI) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.

Osceola Gold Piotroski F-Score Related Terms

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