Lucara Cash vs Common Stock Total Equity Analysis

LUC Stock

CAD 0.34 0.01 2.86%

Lucara Diamond financial indicator trend analysis is infinitely more than just investigating Lucara Diamond Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lucara Diamond Corp is a good investment. Please check the relationship between Lucara Diamond Cash and its Common Stock Total Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lucara Diamond Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Cash vs Common Stock Total Equity

Cash vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lucara Diamond Corp Cash account and Common Stock Total Equity. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Lucara Diamond's Cash and Common Stock Total Equity is -0.47. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Lucara Diamond Corp, assuming nothing else is changed. The correlation between historical values of Lucara Diamond's Cash and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Lucara Diamond Corp are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Cash i.e., Lucara Diamond's Cash and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

-0.47

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Cash

Cash refers to the most liquid asset of Lucara Diamond Corp, which is listed under current asset account on Lucara Diamond Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Lucara Diamond customers. The amounts must be unrestricted with restricted cash listed in a different Lucara Diamond account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Most indicators from Lucara Diamond's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lucara Diamond Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lucara Diamond Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

At this time, Lucara Diamond's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 4th of May 2024, Enterprise Value Multiple is likely to grow to 4.92, while Selling General Administrative is likely to drop about 11.9 M.

Lucara Diamond fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	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	Property Plant And Equipment Net	Non Current Assets Total	Other Assets	Property Plant And Equipment Gross	Short Long Term Debt Total	Other Current Liab	Non Currrent Assets Other	Short Term Investments	Short Term Debt	Inventory	Common Stock Total Equity
Total Assets		0.62	0.87	0.27	0.25	0.73	0.04	0.1	0.58	0.86	0.73	0.65	-0.17	0.71	0.56	0.95	0.95	0.63	0.74	0.48	-0.23	0.6	-0.79	0.31	0.54	0.73
Total Current Liabilities	0.62		0.34	0.74	0.03	0.89	-0.34	-0.15	0.47	0.48	0.91	0.9	-0.11	0.96	0.11	0.67	0.69	0.86	0.91	0.9	-0.32	0.89	-0.46	0.51	0.25	0.8
Total Stockholder Equity	0.87	0.34		-0.09	0.25	0.52	0.33	0.36	0.41	0.92	0.5	0.37	-0.16	0.46	0.77	0.76	0.72	0.35	0.5	0.16	-0.02	0.31	-0.93	0.09	0.62	0.41
Net Debt	0.27	0.74	-0.09		-0.26	0.56	-0.85	-0.73	0.51	0.12	0.64	0.73	0.02	0.68	-0.51	0.45	0.51	0.69	0.7	0.83	-0.59	0.71	-0.01	0.67	0.07	0.69
Retained Earnings	0.25	0.03	0.25	-0.26		0.3	0.36	0.41	0.01	-0.1	0.32	0.28	-0.52	0.24	0.52	0.07	0.11	0.3	0.2	-0.07	-0.3	0.29	0.01	-0.47	0.26	0.23
Accounts Payable	0.73	0.89	0.52	0.56	0.3		-0.23	-0.05	0.48	0.54	0.95	0.91	-0.24	0.95	0.29	0.73	0.76	0.87	0.92	0.72	-0.41	0.88	-0.55	0.22	0.42	0.82
Cash	0.04	-0.34	0.33	-0.85	0.36	-0.23		0.97	-0.33	0.15	-0.27	-0.36	0.06	-0.29	0.74	-0.17	-0.23	-0.31	-0.31	-0.41	0.66	-0.33	-0.23	-0.53	-0.12	-0.47
Cash And Short Term Investments	0.1	-0.15	0.36	-0.73	0.41	-0.05	0.97		-0.34	0.18	-0.08	-0.19	0.04	-0.1	0.77	-0.1	-0.16	-0.15	-0.14	-0.25	0.62	-0.15	-0.29	-0.52	-0.1	-0.34
Net Receivables	0.58	0.47	0.41	0.51	0.01	0.48	-0.33	-0.34		0.47	0.46	0.61	-0.08	0.47	0.16	0.52	0.61	0.65	0.6	0.53	-0.44	0.58	-0.35	0.67	0.34	0.53
Common Stock Shares Outstanding	0.86	0.48	0.92	0.12	-0.1	0.54	0.15	0.18	0.47		0.5	0.4	-0.02	0.5	0.58	0.83	0.78	0.37	0.55	0.33	0.05	0.34	-0.96	0.34	0.52	0.44
Non Current Liabilities Total	0.73	0.91	0.5	0.64	0.32	0.95	-0.27	-0.08	0.46	0.5		0.95	-0.18	0.99	0.24	0.75	0.78	0.91	0.96	0.8	-0.44	0.93	-0.5	0.26	0.38	0.86
Other Current Assets	0.65	0.9	0.37	0.73	0.28	0.91	-0.36	-0.19	0.61	0.4	0.95		-0.2	0.95	0.12	0.67	0.73	0.99	0.98	0.88	-0.51	0.99	-0.35	0.37	0.25	0.82
Other Stockholder Equity	-0.17	-0.11	-0.16	0.02	-0.52	-0.24	0.06	0.04	-0.08	-0.02	-0.18	-0.2		-0.16	-0.22	-0.09	-0.12	-0.18	-0.14	0.08	0.53	-0.17	0.12	0.03	-0.46	-0.23
Total Liab	0.71	0.96	0.46	0.68	0.24	0.95	-0.29	-0.1	0.47	0.5	0.99	0.95	-0.16		0.2	0.74	0.77	0.91	0.97	0.84	-0.41	0.93	-0.5	0.34	0.35	0.86
Total Current Assets	0.56	0.11	0.77	-0.51	0.52	0.29	0.74	0.77	0.16	0.58	0.24	0.12	-0.22	0.2		0.31	0.28	0.13	0.18	-0.11	0.27	0.1	-0.68	-0.21	0.49	0.1
Property Plant And Equipment Net	0.95	0.67	0.76	0.45	0.07	0.73	-0.17	-0.1	0.52	0.83	0.75	0.67	-0.09	0.74	0.31		0.99	0.63	0.77	0.57	-0.29	0.61	-0.73	0.39	0.44	0.77
Non Current Assets Total	0.95	0.69	0.72	0.51	0.11	0.76	-0.23	-0.16	0.61	0.78	0.78	0.73	-0.12	0.77	0.28	0.99		0.7	0.8	0.61	-0.37	0.68	-0.67	0.43	0.45	0.82
Other Assets	0.63	0.86	0.35	0.69	0.3	0.87	-0.31	-0.15	0.65	0.37	0.91	0.99	-0.18	0.91	0.13	0.63	0.7		0.96	0.86	-0.49	0.99	-0.31	0.37	0.18	0.78
Property Plant And Equipment Gross	0.74	0.91	0.5	0.7	0.2	0.92	-0.31	-0.14	0.6	0.55	0.96	0.98	-0.14	0.97	0.18	0.77	0.8	0.96		0.87	-0.45	0.96	-0.5	0.39	0.27	0.81
Short Long Term Debt Total	0.48	0.9	0.16	0.83	-0.07	0.72	-0.41	-0.25	0.53	0.33	0.8	0.88	0.08	0.84	-0.11	0.57	0.61	0.86	0.87		-0.32	0.88	-0.23	0.59	-0.05	0.65
Other Current Liab	-0.23	-0.32	-0.02	-0.59	-0.3	-0.41	0.66	0.62	-0.44	0.05	-0.44	-0.51	0.53	-0.41	0.27	-0.29	-0.37	-0.49	-0.45	-0.32		-0.48	-0.07	-0.33	-0.35	-0.55
Non Currrent Assets Other	0.6	0.89	0.31	0.71	0.29	0.88	-0.33	-0.15	0.58	0.34	0.93	0.99	-0.17	0.93	0.1	0.61	0.68	0.99	0.96	0.88	-0.48		-0.28	0.34	0.16	0.8
Short Term Investments	-0.79	-0.46	-0.93	-0.01	0.01	-0.55	-0.23	-0.29	-0.35	-0.96	-0.5	-0.35	0.12	-0.5	-0.68	-0.73	-0.67	-0.31	-0.5	-0.23	-0.07	-0.28		-0.22	-0.63	-0.39
Short Term Debt	0.31	0.51	0.09	0.67	-0.47	0.22	-0.53	-0.52	0.67	0.34	0.26	0.37	0.03	0.34	-0.21	0.39	0.43	0.37	0.39	0.59	-0.33	0.34	-0.22		0.15	0.41
Inventory	0.54	0.25	0.62	0.07	0.26	0.42	-0.12	-0.1	0.34	0.52	0.38	0.25	-0.46	0.35	0.49	0.44	0.45	0.18	0.27	-0.05	-0.35	0.16	-0.63	0.15		0.5
Common Stock Total Equity	0.73	0.8	0.41	0.69	0.23	0.82	-0.47	-0.34	0.53	0.44	0.86	0.82	-0.23	0.86	0.1	0.77	0.82	0.78	0.81	0.65	-0.55	0.8	-0.39	0.41	0.5

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Lucara Diamond Account Relationship Matchups

Lucara Diamond fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	346.0M	333.8M	412.0M	495.8M	575.8M	316.1M
Total Current Liabilities	21.6M	47.6M	51.8M	59.9M	102.5M	107.6M
Total Stockholder Equity	236.9M	208.2M	249.0M	270.1M	242.1M	204.8M
Net Debt	(9.0M)	27.4M	21.9M	52.2M	88.2M	92.6M
Retained Earnings	(31.5M)	(57.8M)	(33.9M)	6.5M	(13.7M)	(14.4M)
Accounts Payable	15.9M	14.9M	26.3M	29.7M	42.6M	44.7M
Cash	11.2M	4.9M	27.0M	26.4M	13.3M	12.7M
Cash And Short Term Investments	11.2M	4.9M	27.0M	26.4M	30.4M	44.3M
Net Receivables	4.1M	18.5M	31.1M	25.0M	13.0M	8.7M
Common Stock Shares Outstanding	397.9M	396.9M	428.8M	462.0M	456.2M	368.4M
Liabilities And Stockholders Equity	346.0M	333.8M	412.0M	495.8M	570.2M	296.3M
Non Current Liabilities Total	87.5M	78.1M	111.2M	165.9M	231.2M	242.7M
Other Current Assets	2.1M	2.5M	7.6M	10.5M	12.1M	12.7M
Other Stockholder Equity	7.7M	8.6M	9.2M	10.1M	9.1M	8.7M
Total Liab	109.1M	125.7M	163.0M	225.8M	333.7M	350.4M
Total Current Assets	82.5M	94.2M	102.3M	100.3M	85.9M	85.4M
Property Plant And Equipment Net	235.4M	211.2M	244.9M	332.4M	412.2M	223.5M
Non Current Assets Total	263.5M	239.6M	309.6M	395.5M	489.9M	245.2M
Other Assets	5.2M	4.8M	41.8M	44.2M	50.9M	53.4M
Property Plant And Equipment Gross	235.4M	211.2M	478.7M	568.4M	660.9M	693.9M
Accumulated Other Comprehensive Income	(54.1M)	(57.6M)	(73.7M)	(94.6M)	(85.2M)	(80.9M)
Short Long Term Debt Total	2.2M	32.3M	48.9M	78.6M	90.4M	94.9M
Other Current Liab	4.4M	1.4M	347K	1.7M	1.5M	1.5M
Non Currrent Assets Other	5.2M	4.8M	41.8M	44.2M	61.4M	64.5M
Short Term Debt	1.3M	31.3M	25.2M	16.4M	18.9M	10.7M
Inventory	65.1M	68.4M	36.5M	38.4M	34.5M	39.9M
Common Stock Total Equity	290.8M	313.9M	314.8M	314.9M	362.2M	325.6M
Common Stock	314.8M	314.9M	347.4M	348.1M	400.3M	335.9M
Other Liab	86.6M	77.1M	86.5M	101.5M	116.7M	83.0M
Net Tangible Assets	214.2M	186.2M	228.2M	251.8M	289.6M	246.8M
Property Plant Equipment	235.4M	211.2M	244.9M	332.4M	382.2M	247.6M
Capital Surpluse	7.7M	8.6M	9.2M	10.1M	11.6M	8.7M
Long Term Debt Total	828K	963K	24.7M	64.5M	74.1M	77.8M
Long Term Investments	241K	1.7M	2.3M	661K	811K	1.2M
Cash And Equivalents	11.2M	4.9M	27.0M	26.4M	23.8M	23.8M
Net Invested Capital	236.9M	238.7M	272.7M	332.2M	343.6M	303.7M
Net Working Capital	60.9M	46.7M	50.5M	40.5M	(16.6M)	(15.7M)
Capital Stock	314.8M	314.9M	347.4M	348.1M	349.7M	364.6M
Intangible Assets	22.8M	22.0M	20.7M	22.5M	20.3M	17.6M

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lucara Diamond Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Note that the Lucara Diamond Corp information on this page should be used as a complementary analysis to other Lucara Diamond's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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Please note, there is a significant difference between Lucara Diamond's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lucara Diamond is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lucara Diamond'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.

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Lucara Cash vs Common Stock Total Equity Analysis

Cash vs Common Stock Total Equity

Cash vs Common Stock Total Equity Correlation Analysis

Correlation Coefficient

Cash

Common Stock Total Equity

Lucara Diamond fundamental ratios Correlations

Lucara Diamond Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Lucara Diamond fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Lucara Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 0.99	Non Current Liabilities Total
Other Assets	+ 0.99	Other Current Assets
Non Currrent Assets Other	+ 0.99	Other Current Assets
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Non Currrent Assets Other	+ 0.99	Other Assets
Property Plant And Equipment Gross	+ 0.98	Other Current Assets

Short Term Investments	- 0.96	Common Stock Shares Outstanding
Short Term Investments	- 0.93	Total Stockholder Equity
Cash	- 0.85	Net Debt
Short Term Investments	- 0.79	Total Assets
Short Term Investments	- 0.73	Property Plant And Equipment Net
Cash And Short Term Investments	- 0.73	Net Debt