Lucara Payout Ratio vs Pb Ratio Analysis

LUC Stock

CAD 0.35 0.01 2.78%

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 Payout Ratio and its Pb Ratio 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.

Payout Ratio vs Pb Ratio

Payout Ratio vs Pb Ratio Correlation Analysis

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

The correlation between Lucara Diamond's Payout Ratio and Pb Ratio is -0.31. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Pb Ratio 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 Payout Ratio and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Lucara Diamond Corp are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Payout Ratio i.e., Lucara Diamond's Payout Ratio and Pb Ratio go up and down completely randomly.

Correlation Coefficient

-0.31

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Payout Ratio

Payout Ratio is the proportion of Lucara Diamond Corp earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Lucara Diamond Corp dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Lucara Diamond Corp is paying out more in dividends than it makes in net income.

Pb Ratio

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 2nd 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

Click cells to compare fundamentals

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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Lucara Payout Ratio vs Pb Ratio Analysis

Payout Ratio vs Pb Ratio

Payout Ratio vs Pb Ratio Correlation Analysis

Correlation Coefficient

Payout Ratio

Pb Ratio

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