Lumine Property Plant And Equipment Gross vs Short Long Term 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 Property Plant And Equipment Gross and its Short Long Term 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.
Property Plant And Equipment Gross vs Short Long Term Debt
Property Plant And Equipment Gross vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lumine Group Property Plant And Equipment Gross account and Short Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Lumine's Property Plant And Equipment Gross and Short Long Term Debt is 0.98. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Short Long Term 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 Property Plant And Equipment Gross and Short Long Term 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 Property Plant And Equipment Gross of Lumine Group are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Property Plant And Equipment Gross i.e., Lumine's Property Plant And Equipment Gross and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Property Plant And Equipment Gross
Short Long Term Debt
The total of a company's short-term and long-term borrowings.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 |
Lumine fundamental ratios Correlations
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Lumine Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.