Lundin Non Currrent Assets Other vs Property Plant And Equipment Net Analysis

LUN Stock  CAD 14.70  0.13  0.88%   
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 Non Currrent Assets Other and its Property Plant And Equipment Net 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.

Non Currrent Assets Other vs Property Plant And Equipment Net

Non Currrent Assets Other vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lundin Mining Non Currrent Assets Other account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Lundin Mining's Non Currrent Assets Other and Property Plant And Equipment Net is 0.94. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Property Plant And Equipment Net 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 Non Currrent Assets Other and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Lundin Mining are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Currrent Assets Other i.e., Lundin Mining's Non Currrent Assets Other and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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 closely tied 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 16th of June 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

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Other Information on Investing in Lundin Stock

Balance Sheet is a snapshot of the financial position of Lundin Mining at a specified time, usually calculated after every quarter, six months, or one year. Lundin Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Lundin Mining and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Lundin currently owns. An asset can also be divided into two categories, current and non-current.