Lucero Property Plant And Equipment Gross vs Net Receivables 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 Property Plant And Equipment Gross and its Net Receivables 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.
Property Plant And Equipment Gross vs Net Receivables
Property Plant And Equipment Gross vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lucero Energy Corp Property Plant And Equipment Gross account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Lucero Energy's Property Plant And Equipment Gross and Net Receivables is 0.67. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Net Receivables 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 Property Plant And Equipment Gross and Net Receivables 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 Lucero Energy Corp are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Property Plant And Equipment Gross i.e., Lucero Energy's Property Plant And Equipment Gross and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Property Plant And Equipment Gross
Net Receivables
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
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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.