Lucero Long Term Debt vs Common Stock Shares Outstanding Analysis
| LOU Stock | 0.47 0.01 2.17% |
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 Long Term Debt and its Common Stock Shares Outstanding 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.
Long Term Debt vs Common Stock Shares Outstanding
Long Term Debt vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lucero Energy Corp Long Term Debt account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have pay attention.
The correlation between Lucero Energy's Long Term Debt and Common Stock Shares Outstanding is -0.88. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Common Stock Shares Outstanding 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 Long Term Debt and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Lucero Energy Corp are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Long Term Debt i.e., Lucero Energy's Long Term Debt and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.88 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Long Term Debt
Long-term debt is a debt that Lucero Energy Corp has held for over one year. Long-term debt appears on Lucero Energy Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Lucero Energy Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.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 |
Lucero Energy fundamental ratios Correlations
Click cells to compare fundamentals
Lucero Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Lucero Stock Analysis
When running Lucero Energy's price analysis, check to measure Lucero Energy'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 Lucero Energy is operating at the current time. Most of Lucero Energy's value examination focuses on studying past and present price action to predict the probability of Lucero Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lucero Energy's price. Additionally, you may evaluate how the addition of Lucero Energy to your portfolios can decrease your overall portfolio volatility.