Lumine Cash vs Net Invested Capital Analysis

LMN Stock

43.90 0.20 0.45%

Lumine financial indicator trend analysis is infinitely more than just investigating Lumine Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lumine Group is a good investment. Please check the relationship between Lumine Cash and its Net Invested Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lumine Group. 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.

Cash vs Net Invested Capital

Cash vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lumine Group Cash account and Net Invested Capital. At this time, the significance of the direction appears to have pay attention.

The correlation between Lumine's Cash and Net Invested Capital is -0.91. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Lumine Group, assuming nothing else is changed. The correlation between historical values of Lumine's Cash and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Lumine Group are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Cash i.e., Lumine's Cash and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.91

Relationship Direction	Negative
Relationship Strength	Significant

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Cash

Cash refers to the most liquid asset of Lumine Group, which is listed under current asset account on Lumine Group balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Lumine customers. The amounts must be unrestricted with restricted cash listed in a different Lumine account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from Lumine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lumine Group 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 Lumine Group. 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.

Tax Provision is likely to drop to about 7 M in 2024. Selling General Administrative is likely to drop to about 30 M in 2024

	2010	2022	2023	2024 (projected)
Gross Profit	103.1M	116.8M	233.7M	166.3M
Total Revenue	228.4M	255.7M	499.7M	360.7M

Gross Profit Total Revenue

Lumine fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Non Current Liabilities Other	Net Working Capital	Intangible Assets	Long Term Debt	Short Long Term Debt	Other Current Liab	Net Debt
Total Assets		0.91	-0.93	1.0	0.97	0.97	1.0	0.75	0.97	-0.74	0.91	0.99	0.91	0.79	0.91	-0.93	0.99	0.93	0.64	-0.93	1.0	0.99	0.99	-0.73	-0.73
Total Current Liabilities	0.91		-1.0	0.92	0.92	0.89	0.9	0.72	0.91	-0.83	1.0	0.91	1.0	0.8	1.0	-1.0	0.94	0.86	0.58	-1.0	0.9	0.95	0.96	-0.95	-0.95
Total Stockholder Equity	-0.93	-1.0		-0.94	-0.93	-0.91	-0.92	-0.72	-0.92	0.82	-0.99	-0.93	-1.0	-0.8	-1.0	1.0	-0.95	-0.88	-0.6	1.0	-0.92	-0.97	-0.97	0.93	0.93
Property Plant And Equipment Net	1.0	0.92	-0.94		0.99	0.99	1.0	0.8	0.99	-0.8	0.93	1.0	0.93	0.84	0.92	-0.94	1.0	0.9	0.58	-0.94	1.0	0.99	0.99	-0.76	-0.76
Accounts Payable	0.97	0.92	-0.93	0.99		1.0	0.99	0.88	1.0	-0.87	0.94	1.0	0.93	0.91	0.92	-0.93	1.0	0.83	0.46	-0.94	0.99	0.96	0.96	-0.78	-0.78
Cash	0.97	0.89	-0.91	0.99	1.0		0.99	0.88	1.0	-0.86	0.91	1.0	0.9	0.91	0.89	-0.91	0.99	0.82	0.44	-0.91	0.99	0.95	0.95	-0.74	-0.74
Non Current Assets Total	1.0	0.9	-0.92	1.0	0.99	0.99		0.79	0.98	-0.78	0.91	0.99	0.91	0.83	0.9	-0.92	0.99	0.9	0.58	-0.92	1.0	0.98	0.98	-0.73	-0.73
Non Currrent Assets Other	0.75	0.72	-0.72	0.8	0.88	0.88	0.79		0.88	-0.96	0.78	0.85	0.75	0.99	0.73	-0.72	0.83	0.46	-0.02	-0.73	0.8	0.72	0.72	-0.64	-0.64
Net Receivables	0.97	0.91	-0.92	0.99	1.0	1.0	0.98	0.88		-0.87	0.93	1.0	0.92	0.92	0.91	-0.92	0.99	0.82	0.44	-0.93	0.99	0.96	0.96	-0.76	-0.76
Common Stock Shares Outstanding	-0.74	-0.83	0.82	-0.8	-0.87	-0.86	-0.78	-0.96	-0.87		-0.87	-0.83	-0.85	-0.98	-0.83	0.82	-0.83	-0.5	-0.04	0.83	-0.78	-0.75	-0.76	0.82	0.82
Non Current Liabilities Total	0.91	1.0	-0.99	0.93	0.94	0.91	0.91	0.78	0.93	-0.87		0.92	1.0	0.85	1.0	-0.99	0.95	0.83	0.52	-1.0	0.91	0.95	0.95	-0.95	-0.95
Capital Lease Obligations	0.99	0.91	-0.93	1.0	1.0	1.0	0.99	0.85	1.0	-0.83	0.92		0.92	0.88	0.91	-0.93	1.0	0.86	0.51	-0.93	1.0	0.97	0.97	-0.75	-0.75
Inventory	0.91	1.0	-1.0	0.93	0.93	0.9	0.91	0.75	0.92	-0.85	1.0	0.92		0.82	1.0	-1.0	0.94	0.85	0.55	-1.0	0.91	0.95	0.96	-0.95	-0.95
Other Current Assets	0.79	0.8	-0.8	0.84	0.91	0.91	0.83	0.99	0.92	-0.98	0.85	0.88	0.82		0.8	-0.8	0.87	0.53	0.06	-0.81	0.84	0.78	0.78	-0.74	-0.74
Total Liab	0.91	1.0	-1.0	0.92	0.92	0.89	0.9	0.73	0.91	-0.83	1.0	0.91	1.0	0.8		-1.0	0.94	0.86	0.57	-1.0	0.9	0.95	0.96	-0.95	-0.95
Net Invested Capital	-0.93	-1.0	1.0	-0.94	-0.93	-0.91	-0.92	-0.72	-0.92	0.82	-0.99	-0.93	-1.0	-0.8	-1.0		-0.95	-0.88	-0.6	1.0	-0.92	-0.97	-0.97	0.93	0.93
Property Plant And Equipment Gross	0.99	0.94	-0.95	1.0	1.0	0.99	0.99	0.83	0.99	-0.83	0.95	1.0	0.94	0.87	0.94	-0.95		0.88	0.54	-0.95	0.99	0.98	0.98	-0.79	-0.79
Total Current Assets	0.93	0.86	-0.88	0.9	0.83	0.82	0.9	0.46	0.82	-0.5	0.83	0.86	0.85	0.53	0.86	-0.88	0.88		0.88	-0.88	0.89	0.95	0.94	-0.69	-0.69
Non Current Liabilities Other	0.64	0.58	-0.6	0.58	0.46	0.44	0.58	-0.02	0.44	-0.04	0.52	0.51	0.55	0.06	0.57	-0.6	0.54	0.88		-0.59	0.57	0.68	0.67	-0.43	-0.43
Net Working Capital	-0.93	-1.0	1.0	-0.94	-0.94	-0.91	-0.92	-0.73	-0.93	0.83	-1.0	-0.93	-1.0	-0.81	-1.0	1.0	-0.95	-0.88	-0.59		-0.92	-0.97	-0.97	0.93	0.93
Intangible Assets	1.0	0.9	-0.92	1.0	0.99	0.99	1.0	0.8	0.99	-0.78	0.91	1.0	0.91	0.84	0.9	-0.92	0.99	0.89	0.57	-0.92		0.98	0.98	-0.73	-0.73
Long Term Debt	0.99	0.95	-0.97	0.99	0.96	0.95	0.98	0.72	0.96	-0.75	0.95	0.97	0.95	0.78	0.95	-0.97	0.98	0.95	0.68	-0.97	0.98		1.0	-0.81	-0.81
Short Long Term Debt	0.99	0.96	-0.97	0.99	0.96	0.95	0.98	0.72	0.96	-0.76	0.95	0.97	0.96	0.78	0.96	-0.97	0.98	0.94	0.67	-0.97	0.98	1.0		-0.82	-0.82
Other Current Liab	-0.73	-0.95	0.93	-0.76	-0.78	-0.74	-0.73	-0.64	-0.76	0.82	-0.95	-0.75	-0.95	-0.74	-0.95	0.93	-0.79	-0.69	-0.43	0.93	-0.73	-0.81	-0.82		1.0
Net Debt	-0.73	-0.95	0.93	-0.76	-0.78	-0.74	-0.73	-0.64	-0.76	0.82	-0.95	-0.75	-0.95	-0.74	-0.95	0.93	-0.79	-0.69	-0.43	0.93	-0.73	-0.81	-0.82	1.0

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Lumine Cash vs Net Invested Capital Analysis

Cash vs Net Invested Capital

Cash vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Cash

Net Invested Capital

Lumine fundamental ratios Correlations

Lumine Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Lumine Stock Analysis

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Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Intangible Assets	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Current Liabilities
Inventory	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities

Net Working Capital	- 1.0	Total Liab
Net Invested Capital	- 1.0	Total Liab
Net Working Capital	- 1.0	Inventory
Net Invested Capital	- 1.0	Inventory
Net Working Capital	- 1.0	Non Current Liabilities Total
Total Liab	- 1.0	Total Stockholder Equity