Lucara Selling And Marketing Expenses vs Operating Income 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 Selling And Marketing Expenses and its Operating Income 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.

Selling And Marketing Expenses vs Operating Income

Selling And Marketing Expenses vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lucara Diamond Corp Selling And Marketing Expenses account and Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Lucara Diamond's Selling And Marketing Expenses and Operating Income is 0.7. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Operating Income 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 Selling And Marketing Expenses and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Lucara Diamond Corp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Selling And Marketing Expenses i.e., Lucara Diamond's Selling And Marketing Expenses and Operating Income go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Selling And Marketing Expenses

Operating Income

Operating Income is the amount of profit realized from Lucara Diamond Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Lucara Diamond Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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 5th 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

0.620.870.270.250.730.040.10.580.860.730.65-0.170.710.560.950.950.630.740.48-0.230.6-0.790.310.540.73
0.620.340.740.030.89-0.34-0.150.470.480.910.9-0.110.960.110.670.690.860.910.9-0.320.89-0.460.510.250.8
0.870.34-0.090.250.520.330.360.410.920.50.37-0.160.460.770.760.720.350.50.16-0.020.31-0.930.090.620.41
0.270.74-0.09-0.260.56-0.85-0.730.510.120.640.730.020.68-0.510.450.510.690.70.83-0.590.71-0.010.670.070.69
0.250.030.25-0.260.30.360.410.01-0.10.320.28-0.520.240.520.070.110.30.2-0.07-0.30.290.01-0.470.260.23
0.730.890.520.560.3-0.23-0.050.480.540.950.91-0.240.950.290.730.760.870.920.72-0.410.88-0.550.220.420.82
0.04-0.340.33-0.850.36-0.230.97-0.330.15-0.27-0.360.06-0.290.74-0.17-0.23-0.31-0.31-0.410.66-0.33-0.23-0.53-0.12-0.47
0.1-0.150.36-0.730.41-0.050.97-0.340.18-0.08-0.190.04-0.10.77-0.1-0.16-0.15-0.14-0.250.62-0.15-0.29-0.52-0.1-0.34
0.580.470.410.510.010.48-0.33-0.340.470.460.61-0.080.470.160.520.610.650.60.53-0.440.58-0.350.670.340.53
0.860.480.920.12-0.10.540.150.180.470.50.4-0.020.50.580.830.780.370.550.330.050.34-0.960.340.520.44
0.730.910.50.640.320.95-0.27-0.080.460.50.95-0.180.990.240.750.780.910.960.8-0.440.93-0.50.260.380.86
0.650.90.370.730.280.91-0.36-0.190.610.40.95-0.20.950.120.670.730.990.980.88-0.510.99-0.350.370.250.82
-0.17-0.11-0.160.02-0.52-0.240.060.04-0.08-0.02-0.18-0.2-0.16-0.22-0.09-0.12-0.18-0.140.080.53-0.170.120.03-0.46-0.23
0.710.960.460.680.240.95-0.29-0.10.470.50.990.95-0.160.20.740.770.910.970.84-0.410.93-0.50.340.350.86
0.560.110.77-0.510.520.290.740.770.160.580.240.12-0.220.20.310.280.130.18-0.110.270.1-0.68-0.210.490.1
0.950.670.760.450.070.73-0.17-0.10.520.830.750.67-0.090.740.310.990.630.770.57-0.290.61-0.730.390.440.77
0.950.690.720.510.110.76-0.23-0.160.610.780.780.73-0.120.770.280.990.70.80.61-0.370.68-0.670.430.450.82
0.630.860.350.690.30.87-0.31-0.150.650.370.910.99-0.180.910.130.630.70.960.86-0.490.99-0.310.370.180.78
0.740.910.50.70.20.92-0.31-0.140.60.550.960.98-0.140.970.180.770.80.960.87-0.450.96-0.50.390.270.81
0.480.90.160.83-0.070.72-0.41-0.250.530.330.80.880.080.84-0.110.570.610.860.87-0.320.88-0.230.59-0.050.65
-0.23-0.32-0.02-0.59-0.3-0.410.660.62-0.440.05-0.44-0.510.53-0.410.27-0.29-0.37-0.49-0.45-0.32-0.48-0.07-0.33-0.35-0.55
0.60.890.310.710.290.88-0.33-0.150.580.340.930.99-0.170.930.10.610.680.990.960.88-0.48-0.280.340.160.8
-0.79-0.46-0.93-0.010.01-0.55-0.23-0.29-0.35-0.96-0.5-0.350.12-0.5-0.68-0.73-0.67-0.31-0.5-0.23-0.07-0.28-0.22-0.63-0.39
0.310.510.090.67-0.470.22-0.53-0.520.670.340.260.370.030.34-0.210.390.430.370.390.59-0.330.34-0.220.150.41
0.540.250.620.070.260.42-0.12-0.10.340.520.380.25-0.460.350.490.440.450.180.27-0.05-0.350.16-0.630.150.5
0.730.80.410.690.230.82-0.47-0.340.530.440.860.82-0.230.860.10.770.820.780.810.65-0.550.8-0.390.410.5
Click cells to compare fundamentals

Lucara Diamond Account Relationship Matchups

Lucara Diamond fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets346.0M333.8M412.0M495.8M575.8M316.1M
Total Current Liabilities21.6M47.6M51.8M59.9M102.5M107.6M
Total Stockholder Equity236.9M208.2M249.0M270.1M242.1M204.8M
Net Debt(9.0M)27.4M21.9M52.2M88.2M92.6M
Retained Earnings(31.5M)(57.8M)(33.9M)6.5M(13.7M)(14.4M)
Accounts Payable15.9M14.9M26.3M29.7M42.6M44.7M
Cash11.2M4.9M27.0M26.4M13.3M12.7M
Cash And Short Term Investments11.2M4.9M27.0M26.4M30.4M44.3M
Net Receivables4.1M18.5M31.1M25.0M13.0M8.7M
Common Stock Shares Outstanding397.9M396.9M428.8M462.0M456.2M368.4M
Liabilities And Stockholders Equity346.0M333.8M412.0M495.8M570.2M296.3M
Non Current Liabilities Total87.5M78.1M111.2M165.9M231.2M242.7M
Other Current Assets2.1M2.5M7.6M10.5M12.1M12.7M
Other Stockholder Equity7.7M8.6M9.2M10.1M9.1M8.7M
Total Liab109.1M125.7M163.0M225.8M333.7M350.4M
Total Current Assets82.5M94.2M102.3M100.3M85.9M85.4M
Property Plant And Equipment Net235.4M211.2M244.9M332.4M412.2M223.5M
Non Current Assets Total263.5M239.6M309.6M395.5M489.9M245.2M
Other Assets5.2M4.8M41.8M44.2M50.9M53.4M
Property Plant And Equipment Gross235.4M211.2M478.7M568.4M660.9M693.9M
Accumulated Other Comprehensive Income(54.1M)(57.6M)(73.7M)(94.6M)(85.2M)(80.9M)
Short Long Term Debt Total2.2M32.3M48.9M78.6M90.4M94.9M
Other Current Liab4.4M1.4M347K1.7M1.5M1.5M
Non Currrent Assets Other5.2M4.8M41.8M44.2M61.4M64.5M
Short Term Debt1.3M31.3M25.2M16.4M18.9M10.7M
Inventory65.1M68.4M36.5M38.4M34.5M39.9M
Common Stock Total Equity290.8M313.9M314.8M314.9M362.2M325.6M
Common Stock314.8M314.9M347.4M348.1M400.3M335.9M
Other Liab86.6M77.1M86.5M101.5M116.7M83.0M
Net Tangible Assets214.2M186.2M228.2M251.8M289.6M246.8M
Property Plant Equipment235.4M211.2M244.9M332.4M382.2M247.6M
Capital Surpluse7.7M8.6M9.2M10.1M11.6M8.7M
Long Term Debt Total828K963K24.7M64.5M74.1M77.8M
Long Term Investments241K1.7M2.3M661K811K1.2M
Cash And Equivalents11.2M4.9M27.0M26.4M23.8M23.8M
Net Invested Capital236.9M238.7M272.7M332.2M343.6M303.7M
Net Working Capital60.9M46.7M50.5M40.5M(16.6M)(15.7M)
Capital Stock314.8M314.9M347.4M348.1M349.7M364.6M
Intangible Assets22.8M22.0M20.7M22.5M20.3M17.6M
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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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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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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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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.