Lucero Common Stock Shares Outstanding vs Other Assets Analysis

LOU Stock

0.46 0.01 2.13%

Lucero Energy financial indicator trend analysis is infinitely more than just investigating Lucero Energy Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lucero Energy Corp is a good investment. Please check the relationship between Lucero Energy Common Stock Shares Outstanding and its Other Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lucero Energy Corp. 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.

Common Stock Shares Outstanding vs Other Assets

Common Stock Shares Outstanding vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lucero Energy Corp Common Stock Shares Outstanding account and Other Assets. At this time, the significance of the direction appears to have pay attention.

The correlation between Lucero Energy's Common Stock Shares Outstanding and Other Assets is -0.9. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Assets in the same time period over historical financial statements of Lucero Energy Corp, assuming nothing else is changed. The correlation between historical values of Lucero Energy's Common Stock Shares Outstanding and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Lucero Energy Corp are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Common Stock Shares Outstanding i.e., Lucero Energy's Common Stock Shares Outstanding and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.9

Relationship Direction	Negative
Relationship Strength	Significant

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Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Other Assets

Most indicators from Lucero Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lucero Energy Corp 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 Lucero Energy Corp. 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, Lucero Energy's Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 2.07 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	140.4M	230.5M	140.2M	142.6M
Total Revenue	229.3M	342.6M	254.2M	249.7M

Gross Profit Total Revenue

Lucero Energy fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Capital Stock	Net Working Capital
Total Assets		-0.7	0.36	0.32	0.48	0.26	0.14	-0.45	0.73	0.79	0.27	0.14	-0.3	-0.26	-0.46	0.36	0.14	-0.34	-0.58	0.37	-0.19	0.29	0.14	0.42	0.14	0.1
Other Current Liab	-0.7		0.22	-0.78	-0.75	-0.75	0.24	0.77	-0.73	-0.77	-0.65	0.24	0.67	0.67	0.78	0.17	-0.71	0.81	0.07	-0.7	0.71	-0.8	0.24	-0.64	-0.71	-0.58
Total Current Liabilities	0.36	0.22		-0.67	-0.64	-0.65	0.68	0.67	-0.25	0.37	-0.68	0.68	0.78	0.79	0.66	1.0	-0.76	0.72	-0.91	-0.73	0.83	-0.68	0.68	-0.11	-0.76	-0.83
Total Stockholder Equity	0.32	-0.78	-0.67		0.88	0.99	-0.28	-0.94	0.62	0.41	0.68	-0.28	-0.92	-0.95	-0.94	-0.64	0.96	-0.95	0.39	0.9	-0.92	0.95	-0.28	0.48	0.95	0.73
Other Liab	0.48	-0.75	-0.64	0.88		0.83	-0.5	-0.99	0.85	0.29	0.85	-0.5	-0.97	-0.96	-0.99	-0.64	0.8	-0.94	0.35	0.99	-0.92	0.83	-0.5	0.49	0.79	0.85
Net Tangible Assets	0.26	-0.75	-0.65	0.99	0.83		-0.2	-0.88	0.57	0.43	0.62	-0.2	-0.87	-0.91	-0.88	-0.62	0.94	-0.9	0.36	0.85	-0.87	0.92	-0.2	0.52	0.93	0.67
Property Plant And Equipment Net	0.14	0.24	0.68	-0.28	-0.5	-0.2		0.44	-0.39	0.35	-0.82	1.0	0.51	0.48	0.44	0.67	-0.34	0.5	-0.61	-0.53	0.6	-0.35	1.0	-0.24	-0.36	-0.85
Net Debt	-0.45	0.77	0.67	-0.94	-0.99	-0.88	0.44		-0.78	-0.32	-0.8	0.44	0.99	0.97	1.0	0.66	-0.88	0.97	-0.39	-0.99	0.95	-0.9	0.44	-0.44	-0.87	-0.82
Retained Earnings	0.73	-0.73	-0.25	0.62	0.85	0.57	-0.39	-0.78		0.5	0.8	-0.39	-0.72	-0.71	-0.79	-0.25	0.43	-0.67	-0.11	0.78	-0.61	0.51	-0.39	0.72	0.42	0.68
Accounts Payable	0.79	-0.77	0.37	0.41	0.29	0.43	0.35	-0.32	0.5		0.13	0.35	-0.16	-0.2	-0.33	0.41	0.25	-0.3	-0.64	0.2	-0.14	0.35	0.35	0.63	0.24	-0.01
Cash	0.27	-0.65	-0.68	0.68	0.85	0.62	-0.82	-0.8	0.8	0.13		-0.82	-0.81	-0.81	-0.8	-0.66	0.62	-0.81	0.4	0.85	-0.83	0.65	-0.82	0.63	0.63	0.97
Non Current Assets Total	0.14	0.24	0.68	-0.28	-0.5	-0.2	1.0	0.44	-0.39	0.35	-0.82		0.51	0.48	0.44	0.67	-0.34	0.51	-0.61	-0.53	0.6	-0.35	1.0	-0.24	-0.37	-0.85
Non Currrent Assets Other	-0.3	0.67	0.78	-0.92	-0.97	-0.87	0.51	0.99	-0.72	-0.16	-0.81	0.51		0.99	0.98	0.77	-0.89	0.96	-0.53	-0.99	0.97	-0.89	0.51	-0.37	-0.88	-0.86
Other Assets	-0.26	0.67	0.79	-0.95	-0.96	-0.91	0.48	0.97	-0.71	-0.2	-0.81	0.48	0.99		0.97	0.78	-0.9	0.95	-0.51	-0.98	0.96	-0.88	0.48	-0.45	-0.89	-0.86
Long Term Debt	-0.46	0.78	0.66	-0.94	-0.99	-0.88	0.44	1.0	-0.79	-0.33	-0.8	0.44	0.98	0.97		0.65	-0.88	0.97	-0.39	-0.99	0.95	-0.9	0.44	-0.44	-0.87	-0.82
Net Receivables	0.36	0.17	1.0	-0.64	-0.64	-0.62	0.67	0.66	-0.25	0.41	-0.66	0.67	0.77	0.78	0.65		-0.73	0.7	-0.91	-0.73	0.81	-0.64	0.67	-0.09	-0.72	-0.81
Common Stock Shares Outstanding	0.14	-0.71	-0.76	0.96	0.8	0.94	-0.34	-0.88	0.43	0.25	0.62	-0.34	-0.89	-0.9	-0.88	-0.73		-0.94	0.57	0.85	-0.94	0.98	-0.34	0.29	1.0	0.72
Non Current Liabilities Total	-0.34	0.81	0.72	-0.95	-0.94	-0.9	0.5	0.97	-0.67	-0.3	-0.81	0.51	0.96	0.95	0.97	0.7	-0.94		-0.49	-0.95	0.98	-0.97	0.5	-0.41	-0.95	-0.85
Capital Lease Obligations	-0.58	0.07	-0.91	0.39	0.35	0.36	-0.61	-0.39	-0.11	-0.64	0.4	-0.61	-0.53	-0.51	-0.39	-0.91	0.57	-0.49		0.47	-0.62	0.48	-0.61	-0.28	0.59	0.6
Other Stockholder Equity	0.37	-0.7	-0.73	0.9	0.99	0.85	-0.53	-0.99	0.78	0.2	0.85	-0.53	-0.99	-0.98	-0.99	-0.73	0.85	-0.95	0.47		-0.95	0.86	-0.53	0.42	0.84	0.88
Total Liab	-0.19	0.71	0.83	-0.92	-0.92	-0.87	0.6	0.95	-0.61	-0.14	-0.83	0.6	0.97	0.96	0.95	0.81	-0.94	0.98	-0.62	-0.95		-0.94	0.6	-0.35	-0.94	-0.9
Net Invested Capital	0.29	-0.8	-0.68	0.95	0.83	0.92	-0.35	-0.9	0.51	0.35	0.65	-0.35	-0.89	-0.88	-0.9	-0.64	0.98	-0.97	0.48	0.86	-0.94		-0.35	0.31	0.99	0.72
Property Plant And Equipment Gross	0.14	0.24	0.68	-0.28	-0.5	-0.2	1.0	0.44	-0.39	0.35	-0.82	1.0	0.51	0.48	0.44	0.67	-0.34	0.5	-0.61	-0.53	0.6	-0.35		-0.24	-0.36	-0.85
Total Current Assets	0.42	-0.64	-0.11	0.48	0.49	0.52	-0.24	-0.44	0.72	0.63	0.63	-0.24	-0.37	-0.45	-0.44	-0.09	0.29	-0.41	-0.28	0.42	-0.35	0.31	-0.24		0.27	0.5
Capital Stock	0.14	-0.71	-0.76	0.95	0.79	0.93	-0.36	-0.87	0.42	0.24	0.63	-0.37	-0.88	-0.89	-0.87	-0.72	1.0	-0.95	0.59	0.84	-0.94	0.99	-0.36	0.27		0.72
Net Working Capital	0.1	-0.58	-0.83	0.73	0.85	0.67	-0.85	-0.82	0.68	-0.01	0.97	-0.85	-0.86	-0.86	-0.82	-0.81	0.72	-0.85	0.6	0.88	-0.9	0.72	-0.85	0.5	0.72

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Lucero Common Stock Shares Outstanding vs Other Assets Analysis

Common Stock Shares Outstanding vs Other Assets

Common Stock Shares Outstanding vs Other Assets Correlation Analysis

Correlation Coefficient

Common Stock Shares Outstanding

Other Assets

Lucero Energy fundamental ratios Correlations

Lucero Energy Account Relationship Matchups

High Positive Relationship

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Receivables	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Long Term Debt	+ 1.0	Net Debt
Property Plant And Equipment Gross	+ 1.0	Non Current Assets Total
Capital Stock	+ 1.0	Common Stock Shares Outstanding

Other Stockholder Equity	- 0.99	Long Term Debt
Other Stockholder Equity	- 0.99	Non Currrent Assets Other
Other Stockholder Equity	- 0.99	Net Debt
Long Term Debt	- 0.99	Other Liab
Net Debt	- 0.99	Other Liab
Other Stockholder Equity	- 0.98	Other Assets