Lundin Other Stockholder Equity vs Accounts Payable Analysis

LUN Stock  CAD 16.23  0.63  4.04%   
Lundin Mining financial indicator trend analysis is infinitely more than just investigating Lundin Mining recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lundin Mining is a good investment. Please check the relationship between Lundin Mining Other Stockholder Equity and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lundin Mining. 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.

Other Stockholder Equity vs Accounts Payable

Other Stockholder Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lundin Mining Other Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Lundin Mining's Other Stockholder Equity and Accounts Payable is -0.24. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Lundin Mining, assuming nothing else is changed. The correlation between historical values of Lundin Mining's Other Stockholder Equity and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Lundin Mining are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Stockholder Equity i.e., Lundin Mining's Other Stockholder Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.24
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Stockholder Equity

Accounts Payable

An accounting item on the balance sheet that represents Lundin Mining obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Lundin Mining are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Lundin Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lundin Mining 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 Lundin Mining. 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, Lundin Mining's Discontinued Operations is very stable compared to the past year. As of the 28th of April 2024, Issuance Of Capital Stock is likely to grow to about 18.4 M, while Selling General Administrative is likely to drop about 33.9 M.
 2021 2022 2023 2024 (projected)
Total Revenue3.3B3.0B3.4B3.6B
Depreciation And Amortization522.8M554.8M638.0M669.9M

Lundin Mining fundamental ratios Correlations

0.230.240.910.720.960.930.460.530.90.130.970.850.110.90.650.93-0.250.960.890.65-0.010.73-0.190.90.79
0.23-0.19-0.090.160.070.210.41-0.27-0.070.220.16-0.110.220.070.250.45-0.230.31-0.080.330.5-0.20.320.010.19
0.24-0.190.310.460.310.35-0.340.210.160.070.230.520.080.490.430.13-0.120.180.340.16-0.080.1-0.230.060.58
0.91-0.090.310.540.970.920.350.640.960.080.880.940.060.920.460.82-0.260.90.980.61-0.110.86-0.340.960.75
0.720.160.460.540.610.60.080.330.550.160.730.530.140.640.910.53-0.060.560.530.38-0.090.350.030.430.7
0.960.070.310.970.610.960.430.570.930.040.940.940.020.930.550.9-0.310.960.950.6-0.070.83-0.370.940.84
0.930.210.350.920.60.960.330.430.880.220.870.890.20.940.580.92-0.40.950.880.710.050.7-0.240.870.88
0.460.41-0.340.350.080.430.330.480.37-0.590.550.3-0.60.24-0.090.58-0.130.540.43-0.030.060.52-0.490.530.19
0.53-0.270.210.640.330.570.430.480.64-0.440.640.56-0.450.55-0.030.39-0.120.470.74-0.07-0.560.66-0.470.610.3
0.9-0.070.160.960.550.930.880.370.640.070.870.830.060.870.450.78-0.240.860.950.59-0.110.83-0.30.930.65
0.130.220.070.080.160.040.22-0.59-0.440.07-0.07-0.021.00.210.40.13-0.10.12-0.040.70.27-0.30.770.010.13
0.970.160.230.880.730.940.870.550.640.87-0.070.83-0.080.840.590.89-0.210.920.880.45-0.170.77-0.310.880.76
0.85-0.110.520.940.530.940.890.30.560.83-0.020.83-0.030.890.480.78-0.30.860.920.51-0.110.82-0.480.860.86
0.110.220.080.060.140.020.2-0.6-0.450.061.0-0.08-0.030.190.40.11-0.10.1-0.060.690.28-0.310.770.00.11
0.90.070.490.920.640.930.940.240.550.870.210.840.890.190.560.83-0.30.890.920.70.020.66-0.220.840.83
0.650.250.430.460.910.550.58-0.09-0.030.450.40.590.480.40.560.52-0.070.520.390.560.160.220.160.350.7
0.930.450.130.820.530.90.920.580.390.780.130.890.780.110.830.52-0.340.990.80.680.150.64-0.20.870.78
-0.25-0.23-0.12-0.26-0.06-0.31-0.4-0.13-0.12-0.24-0.1-0.21-0.3-0.1-0.3-0.07-0.34-0.33-0.25-0.26-0.09-0.110.11-0.25-0.35
0.960.310.180.90.560.960.950.540.470.860.120.920.860.10.890.520.99-0.330.880.680.080.73-0.250.930.8
0.89-0.080.340.980.530.950.880.430.740.95-0.040.880.92-0.060.920.390.8-0.250.880.54-0.120.86-0.430.940.72
0.650.330.160.610.380.60.71-0.03-0.070.590.70.450.510.690.70.560.68-0.260.680.540.530.280.280.590.54
-0.010.5-0.08-0.11-0.09-0.070.050.06-0.56-0.110.27-0.17-0.110.280.020.160.15-0.090.08-0.120.53-0.190.14-0.060.02
0.73-0.20.10.860.350.830.70.520.660.83-0.30.770.82-0.310.660.220.64-0.110.730.860.28-0.19-0.530.880.56
-0.190.32-0.23-0.340.03-0.37-0.24-0.49-0.47-0.30.77-0.31-0.480.77-0.220.16-0.20.11-0.25-0.430.280.14-0.53-0.34-0.3
0.90.010.060.960.430.940.870.530.610.930.010.880.860.00.840.350.87-0.250.930.940.59-0.060.88-0.340.66
0.790.190.580.750.70.840.880.190.30.650.130.760.860.110.830.70.78-0.350.80.720.540.020.56-0.30.66
Click cells to compare fundamentals

Lundin Mining Account Relationship Matchups

Lundin Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.9B7.1B7.6B8.2B10.9B11.4B
Short Long Term Debt Total308.5M203.0M31.0M197.3M226.9M267.6M
Other Current Liab172.9M194.6M407.9M267.2M26.4M25.1M
Total Current Liabilities605.4M587.4M787.5M950.1M1.2B1.3B
Total Stockholder Equity3.8B4.0B4.4B4.9B5.0B3.1B
Property Plant And Equipment Net5.1B5.1B5.1B6.0B7.7B8.1B
Current Deferred Revenue163.2M149.8M165.4M196.8M226.4M237.7M
Net Debt58.0M61.6M(563.1M)5.9M939.8M986.8M
Retained Earnings(178.3M)(98.2M)437.2M592.4M627.9M659.3M
Accounts Payable188.4M126.0M199.5M315.9M393.8M413.5M
Cash250.6M141.4M594.1M191.4M268.8M341.9M
Non Current Assets Total6.0B6.2B6.1B7.0B9.1B9.5B
Non Currrent Assets Other601.9M758.7M789.3M736.8M866.0M909.3M
Cash And Short Term Investments250.6M141.4M594.1M191.4M220.1M345.1M
Net Receivables348.9M396.1M662.3M594.8M643.7M675.9M
Common Stock Shares Outstanding733.6M736.1M735.3M739.3M773.7M537.9M
Liabilities And Stockholders Equity6.9B7.1B7.6B8.2B9.4B9.9B
Non Current Liabilities Total2.0B2.0B1.9B1.8B3.2B3.4B
Other Stockholder Equity51.3M52.1M58.2M55.8M50.2M47.7M
Total Liab2.6B2.6B2.6B2.7B4.4B4.7B
Property Plant And Equipment Gross5.1B5.1B9.1B10.4B12.8B13.4B
Total Current Assets869.7M837.9M1.5B1.2B1.8B1.9B
Other Current Assets14.3M20.5M16.8M38.6M21.4M20.3M
Accumulated Other Comprehensive Income(284.6M)(177.2M)(249.9M)(342.3M)(308.1M)(292.7M)
Short Term Debt80.8M116.9M14.6M170.1M195.7M205.5M
Short Term Investments17.1M14.4M60.5M33.2M29.9M28.4M
Inventory216.5M254.0M227.4M296.7M599.4M629.4M
Other Liab1.8B1.9B1.8B1.8B2.0B1.2B
Net Tangible Assets3.5B3.7B4.2B4.6B5.3B3.8B
Long Term Debt198.9M86.1M2.5M13.4M1.0B1.1B
Good Will242.2M251.2M243.0M237.3M240.6M185.9M
Long Term Investments33.3M22.3M15.1M380K14.3M13.6M
Short Long Term Debt80.8M116.9M14.6M156.3M165.0M86.2M
Common Stock4.2B4.2B4.2B4.6B5.2B4.2B
Property Plant Equipment5.1B5.1B5.1B6.0B6.8B3.9B
Other Assets710.8M821.4M801.3M740.7M851.8M469.0M
Common Stock Total Equity4.2B4.2B4.2B4.2B4.8B4.3B
Long Term Debt Total227.8M86.1M16.4M27.2M24.5M23.2M
Capital Surpluse51.3M52.1M58.2M55.8M64.1M56.3M
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 Lundin Mining 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, Lundin Mining's short interest history, or implied volatility extrapolated from Lundin Mining options trading.

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lundin Mining. 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.
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When running Lundin Mining's price analysis, check to measure Lundin Mining'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 Lundin Mining is operating at the current time. Most of Lundin Mining's value examination focuses on studying past and present price action to predict the probability of Lundin Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lundin Mining's price. Additionally, you may evaluate how the addition of Lundin Mining to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Lundin Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lundin Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lundin Mining'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.