Lucero Ptb Ratio vs Capex To Depreciation 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 Ptb Ratio and its Capex To Depreciation 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.

Ptb Ratio vs Capex To Depreciation

Ptb Ratio vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lucero Energy Corp Ptb Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Lucero Energy's Ptb Ratio and Capex To Depreciation is -0.08. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Capex To Depreciation 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 Ptb Ratio and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Lucero Energy Corp are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Ptb Ratio i.e., Lucero Energy's Ptb Ratio and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

-0.08
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing 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 Profit140.4M230.5M140.2M142.6M
Total Revenue229.3M342.6M254.2M249.7M

Lucero Energy fundamental ratios Correlations

-0.70.360.320.480.260.14-0.450.730.790.270.14-0.3-0.26-0.460.360.14-0.34-0.580.37-0.190.290.140.420.140.1
-0.70.22-0.78-0.75-0.750.240.77-0.73-0.77-0.650.240.670.670.780.17-0.710.810.07-0.70.71-0.80.24-0.64-0.71-0.58
0.360.22-0.67-0.64-0.650.680.67-0.250.37-0.680.680.780.790.661.0-0.760.72-0.91-0.730.83-0.680.68-0.11-0.76-0.83
0.32-0.78-0.670.880.99-0.28-0.940.620.410.68-0.28-0.92-0.95-0.94-0.640.96-0.950.390.9-0.920.95-0.280.480.950.73
0.48-0.75-0.640.880.83-0.5-0.990.850.290.85-0.5-0.97-0.96-0.99-0.640.8-0.940.350.99-0.920.83-0.50.490.790.85
0.26-0.75-0.650.990.83-0.2-0.880.570.430.62-0.2-0.87-0.91-0.88-0.620.94-0.90.360.85-0.870.92-0.20.520.930.67
0.140.240.68-0.28-0.5-0.20.44-0.390.35-0.821.00.510.480.440.67-0.340.5-0.61-0.530.6-0.351.0-0.24-0.36-0.85
-0.450.770.67-0.94-0.99-0.880.44-0.78-0.32-0.80.440.990.971.00.66-0.880.97-0.39-0.990.95-0.90.44-0.44-0.87-0.82
0.73-0.73-0.250.620.850.57-0.39-0.780.50.8-0.39-0.72-0.71-0.79-0.250.43-0.67-0.110.78-0.610.51-0.390.720.420.68
0.79-0.770.370.410.290.430.35-0.320.50.130.35-0.16-0.2-0.330.410.25-0.3-0.640.2-0.140.350.350.630.24-0.01
0.27-0.65-0.680.680.850.62-0.82-0.80.80.13-0.82-0.81-0.81-0.8-0.660.62-0.810.40.85-0.830.65-0.820.630.630.97
0.140.240.68-0.28-0.5-0.21.00.44-0.390.35-0.820.510.480.440.67-0.340.51-0.61-0.530.6-0.351.0-0.24-0.37-0.85
-0.30.670.78-0.92-0.97-0.870.510.99-0.72-0.16-0.810.510.990.980.77-0.890.96-0.53-0.990.97-0.890.51-0.37-0.88-0.86
-0.260.670.79-0.95-0.96-0.910.480.97-0.71-0.2-0.810.480.990.970.78-0.90.95-0.51-0.980.96-0.880.48-0.45-0.89-0.86
-0.460.780.66-0.94-0.99-0.880.441.0-0.79-0.33-0.80.440.980.970.65-0.880.97-0.39-0.990.95-0.90.44-0.44-0.87-0.82
0.360.171.0-0.64-0.64-0.620.670.66-0.250.41-0.660.670.770.780.65-0.730.7-0.91-0.730.81-0.640.67-0.09-0.72-0.81
0.14-0.71-0.760.960.80.94-0.34-0.880.430.250.62-0.34-0.89-0.9-0.88-0.73-0.940.570.85-0.940.98-0.340.291.00.72
-0.340.810.72-0.95-0.94-0.90.50.97-0.67-0.3-0.810.510.960.950.970.7-0.94-0.49-0.950.98-0.970.5-0.41-0.95-0.85
-0.580.07-0.910.390.350.36-0.61-0.39-0.11-0.640.4-0.61-0.53-0.51-0.39-0.910.57-0.490.47-0.620.48-0.61-0.280.590.6
0.37-0.7-0.730.90.990.85-0.53-0.990.780.20.85-0.53-0.99-0.98-0.99-0.730.85-0.950.47-0.950.86-0.530.420.840.88
-0.190.710.83-0.92-0.92-0.870.60.95-0.61-0.14-0.830.60.970.960.950.81-0.940.98-0.62-0.95-0.940.6-0.35-0.94-0.9
0.29-0.8-0.680.950.830.92-0.35-0.90.510.350.65-0.35-0.89-0.88-0.9-0.640.98-0.970.480.86-0.94-0.350.310.990.72
0.140.240.68-0.28-0.5-0.21.00.44-0.390.35-0.821.00.510.480.440.67-0.340.5-0.61-0.530.6-0.35-0.24-0.36-0.85
0.42-0.64-0.110.480.490.52-0.24-0.440.720.630.63-0.24-0.37-0.45-0.44-0.090.29-0.41-0.280.42-0.350.31-0.240.270.5
0.14-0.71-0.760.950.790.93-0.36-0.870.420.240.63-0.37-0.88-0.89-0.87-0.721.0-0.950.590.84-0.940.99-0.360.270.72
0.1-0.58-0.830.730.850.67-0.85-0.820.68-0.010.97-0.85-0.86-0.86-0.82-0.810.72-0.850.60.88-0.90.72-0.850.50.72
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Lucero Energy Account Relationship Matchups

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