Lumine Non Current Liabilities Other vs Net Debt 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 Non Current Liabilities Other and its Net Debt 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.

Non Current Liabilities Other vs Net Debt

Non Current Liabilities Other vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lumine Group Non Current Liabilities Other account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Lumine's Non Current Liabilities Other and Net Debt is -0.43. Overlapping area represents the amount of variation of Non Current Liabilities Other that can explain the historical movement of Net Debt 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 Non Current Liabilities Other and Net Debt 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 Current Liabilities Other of Lumine Group are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Non Current Liabilities Other i.e., Lumine's Non Current Liabilities Other and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.43

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Non Current Liabilities Other

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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

Click cells to compare fundamentals

Lumine Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Lumine Stock Analysis

When running Lumine's price analysis, check to measure Lumine'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 Lumine is operating at the current time. Most of Lumine's value examination focuses on studying past and present price action to predict the probability of Lumine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lumine's price. Additionally, you may evaluate how the addition of Lumine to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Lumine Non Current Liabilities Other vs Net Debt Analysis

Non Current Liabilities Other vs Net Debt

Non Current Liabilities Other vs Net Debt Correlation Analysis

Correlation Coefficient

Non Current Liabilities Other

Net Debt

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

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

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