Lucara Price To Sales Ratio vs Capex To Depreciation 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 Price To Sales Ratio and its Capex To Depreciation 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.
Price To Sales Ratio vs Capex To Depreciation
Price To Sales Ratio vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lucara Diamond Corp Price To Sales Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Lucara Diamond's Price To Sales Ratio and Capex To Depreciation is -0.46. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Capex To Depreciation 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 Price To Sales Ratio and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Lucara Diamond Corp are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Price To Sales Ratio i.e., Lucara Diamond's Price To Sales Ratio and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | -0.46 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Lucara Diamond Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Lucara Diamond sales, a figure that is much harder to manipulate than other Lucara Diamond Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.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 3rd 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
Click cells to compare fundamentals
Lucara Diamond Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Lucara Diamond in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Lucara Diamond's short interest history, or implied volatility extrapolated from Lucara Diamond options trading.
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Try AI Portfolio ArchitectCheck 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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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When running Lucara Diamond's price analysis, check to measure Lucara Diamond'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 Lucara Diamond is operating at the current time. Most of Lucara Diamond's value examination focuses on studying past and present price action to predict the probability of Lucara Diamond's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lucara Diamond's price. Additionally, you may evaluate how the addition of Lucara Diamond to your portfolios can decrease your overall portfolio volatility.
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