Lucara Financial Statements From 2010 to 2024
LUCRF Stock | USD 0.30 0.02 6.25% |
Check Lucara Diamond financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Lucara Diamond's main balance sheet or income statement drivers, such as , as well as many indicators such as . Lucara financial statements analysis is a perfect complement when working with Lucara Diamond Valuation or Volatility modules.
Lucara |
Lucara Diamond Corp Company Return On Asset Analysis
Lucara Diamond's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Lucara Diamond Return On Asset | 0.0885 |
Most of Lucara Diamond's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Lucara Diamond Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, Lucara Diamond Corp has a Return On Asset of 0.0885. This is 88.04% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The return on asset for all United States stocks is 163.21% lower than that of the firm.
Lucara Diamond Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Lucara Diamond's current stock value. Our valuation model uses many indicators to compare Lucara Diamond value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Lucara Diamond competition to find correlations between indicators driving Lucara Diamond's intrinsic value. More Info.Lucara Diamond Corp is currently regarded as number one stock in return on equity category among its peers. It also is currently regarded as number one stock in return on asset category among its peers reporting about 0.64 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Lucara Diamond Corp is roughly 1.56 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Lucara Diamond's earnings, one of the primary drivers of an investment's value.About Lucara Diamond Financial Statements
Lucara Diamond stakeholders use historical fundamental indicators, such as Lucara Diamond's revenue or net income, to determine how well the company is positioned to perform in the future. Although Lucara Diamond investors may analyze each financial statement separately, they are all interrelated. For example, changes in Lucara Diamond's assets and liabilities are reflected in the revenues and expenses on Lucara Diamond's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Lucara Diamond Corp. Please read more on our technical analysis and fundamental analysis pages.
Lucara Diamond Corp., a diamond mining company, focuses on the development and operation of diamond properties in Africa. Lucara Diamond Corp. was incorporated in 1981 and is based in Vancouver, Canada. LUCARA DIAMOND is traded on OTC Exchange in the United States.
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Other Information on Investing in Lucara Pink Sheet
Lucara Diamond financial ratios help investors to determine whether Lucara Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Lucara with respect to the benefits of owning Lucara Diamond security.