Lucara Total Liab vs Retained Earnings Analysis

LUC Stock

CAD 0.34 0.03 9.68%

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 Total Liab and its Retained Earnings 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.

Total Liab vs Retained Earnings

Total Liab vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lucara Diamond Corp Total Liab account and Retained Earnings. At this time, the significance of the direction appears to have very week relationship.

The correlation between Lucara Diamond's Total Liab and Retained Earnings is 0.24. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Retained Earnings 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 Total Liab and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Lucara Diamond Corp are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Liab i.e., Lucara Diamond's Total Liab and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.24

Relationship Direction	Positive
Relationship Strength	Very Weak

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Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 28th of April 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

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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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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.

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Lucara Total Liab vs Retained Earnings Analysis

Total Liab vs Retained Earnings

Total Liab vs Retained Earnings Correlation Analysis

Correlation Coefficient

Total Liab

Retained Earnings

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