Lumina Total Assets vs Common Stock Analysis

LUM Stock  CAD 0.50  0.01  1.96%   
Lumina Gold financial indicator trend analysis is infinitely more than just investigating Lumina Gold Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lumina Gold Corp is a good investment. Please check the relationship between Lumina Gold Total Assets and its Common Stock accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lumina Gold 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.

Total Assets vs Common Stock

Total Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lumina Gold Corp Total Assets account and Common Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Lumina Gold's Total Assets and Common Stock is 0.5. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of Lumina Gold Corp, assuming nothing else is changed. The correlation between historical values of Lumina Gold's Total Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Lumina Gold Corp are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Assets i.e., Lumina Gold's Total Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Total Assets

Total assets refers to the total amount of Lumina Gold assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Lumina Gold Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Common Stock

Most indicators from Lumina Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lumina Gold 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 Lumina Gold 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.
Enterprise Value is likely to climb to about 95.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2 M in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation176.0K179.1K184.9K168.4K
Interest Income8.2K22.0K198.5K188.1K

Lumina Gold fundamental ratios Correlations

0.150.040.88-0.7-0.070.740.960.740.770.250.21-0.080.090.740.50.960.560.110.050.230.780.77-0.110.990.1
0.150.84-0.33-0.45-0.770.54-0.040.540.10.680.390.280.980.550.46-0.040.450.970.02-0.01-0.1-0.040.040.170.85
0.040.84-0.39-0.06-0.820.28-0.070.280.090.720.350.30.90.280.53-0.060.410.760.040.04-0.14-0.10.30.140.85
0.88-0.33-0.39-0.50.290.480.920.480.69-0.070.02-0.22-0.40.480.270.920.35-0.360.040.240.760.72-0.10.85-0.29
-0.7-0.45-0.06-0.50.27-0.96-0.5-0.96-0.5-0.4-0.25-0.03-0.32-0.96-0.46-0.51-0.57-0.44-0.01-0.18-0.31-0.330.22-0.65-0.29
-0.07-0.77-0.820.290.27-0.460.09-0.45-0.25-0.96-0.37-0.28-0.75-0.45-0.810.09-0.57-0.65-0.02-0.120.310.3-0.45-0.15-0.88
0.740.540.280.48-0.96-0.460.531.00.560.580.320.070.441.00.630.530.680.490.00.230.30.31-0.040.730.48
0.96-0.04-0.070.92-0.50.090.530.530.740.090.13-0.15-0.070.530.381.00.44-0.070.050.190.850.83-0.120.95-0.07
0.740.540.280.48-0.96-0.451.00.530.570.570.320.110.441.00.620.530.680.490.040.260.30.32-0.040.720.47
0.770.10.090.69-0.5-0.250.560.740.570.380.10.150.050.570.620.740.60.020.050.240.410.380.070.780.14
0.250.680.72-0.07-0.4-0.960.580.090.570.380.470.170.650.570.890.090.670.560.080.21-0.14-0.130.410.330.81
0.210.390.350.02-0.25-0.370.320.130.320.10.47-0.450.360.320.410.130.370.340.760.540.370.390.060.230.38
-0.080.280.3-0.22-0.03-0.280.07-0.150.110.150.17-0.450.30.110.09-0.150.030.27-0.19-0.04-0.42-0.40.1-0.080.24
0.090.980.9-0.4-0.32-0.750.44-0.070.440.050.650.360.30.440.41-0.070.370.970.01-0.04-0.11-0.05-0.010.120.81
0.740.550.280.48-0.96-0.451.00.531.00.570.570.320.110.440.630.530.680.490.040.260.30.32-0.040.720.47
0.50.460.530.27-0.46-0.810.630.380.620.620.890.410.090.410.630.380.730.310.180.270.090.060.480.570.66
0.96-0.04-0.060.92-0.510.090.531.00.530.740.090.13-0.15-0.070.530.380.44-0.060.050.190.850.83-0.120.95-0.07
0.560.450.410.35-0.57-0.570.680.440.680.60.670.370.030.370.680.730.440.310.090.290.190.190.150.60.46
0.110.970.76-0.36-0.44-0.650.49-0.070.490.020.560.340.270.970.490.31-0.060.31-0.01-0.08-0.09-0.02-0.170.10.72
0.050.020.040.04-0.01-0.020.00.050.040.050.080.76-0.190.010.040.180.050.09-0.010.590.30.310.030.050.03
0.23-0.010.040.24-0.18-0.120.230.190.260.240.210.54-0.04-0.040.260.270.190.29-0.080.590.180.220.130.230.04
0.78-0.1-0.140.76-0.310.310.30.850.30.41-0.140.37-0.42-0.110.30.090.850.19-0.090.30.180.99-0.210.76-0.15
0.77-0.04-0.10.72-0.330.30.310.830.320.38-0.130.39-0.4-0.050.320.060.830.19-0.020.310.220.99-0.240.74-0.13
-0.110.040.3-0.10.22-0.45-0.04-0.12-0.040.070.410.060.1-0.01-0.040.48-0.120.15-0.170.030.13-0.21-0.240.010.54
0.990.170.140.85-0.65-0.150.730.950.720.780.330.23-0.080.120.720.570.950.60.10.050.230.760.740.010.18
0.10.850.85-0.29-0.29-0.880.48-0.070.470.140.810.380.240.810.470.66-0.070.460.720.030.04-0.15-0.130.540.18
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Lumina Gold Account Relationship Matchups

Lumina Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.3M6.4M17.9M6.6M22.0M23.1M
Other Current Liab550.5K1.4M142.8K2.5M9.8M10.2M
Total Current Liabilities1.4M1.6M712.7K10.5M9.8M10.3M
Total Stockholder Equity10.9M4.8M17.1M(4.0M)(8.0M)(7.6M)
Net Debt(6.2M)918.5K(12.0M)7.2M(13.6M)(12.9M)
Retained Earnings(81.4M)(89.4M)(97.3M)(119.6M)(136.8M)(130.0M)
Cash6.2M535.8K12.0M795.2K13.6M14.3M
Non Current Assets Total5.9M5.7M5.7M5.6M8.2M6.6M
Cash And Short Term Investments6.2M535.8K12.0M795.2K13.6M14.3M
Net Receivables93.9K53.9K63.7K52.5K60.4K45.5K
Common Stock Shares Outstanding311.3M332.0M343.6M376.4M415.8M436.6M
Liabilities And Stockholders Equity12.3M6.4M17.9M6.6M22.0M23.1M
Other Stockholder Equity5.6M6.2M6.5M7.6M8.6M9.3M
Total Liab1.4M1.6M712.7K10.6M30.0M31.5M
Total Current Assets6.5M661.1K12.2M942.5K13.8M14.5M
Common Stock86.7M88.0M108.0M108.0M120.3M67.4M
Property Plant And Equipment Net5.9M5.7M5.6M5.6M8.1M6.8M
Accounts Payable550.5K1.4M142.8K712.7K819.6K860.6K
Non Currrent Assets Other30.3K32.2K51.1K53.4K56.4K73.5K
Other Assets192.2K30.3K32.2K51.1K58.7K93.0K
Net Tangible Assets17.4M10.9M4.8M17.1M19.7M21.4M
Property Plant Equipment3.3M5.9M5.7M5.6M5.0M4.8M
Net Invested Capital10.9M6.2M17.1M4.0M(8.0M)(7.6M)
Net Working Capital5.1M(935.9K)11.5M(9.6M)4.0M4.3M
Capital Stock86.7M88.0M108.0M108.0M120.3M107.7M

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Additional Tools for Lumina Stock Analysis

When running Lumina Gold's price analysis, check to measure Lumina Gold'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 Lumina Gold is operating at the current time. Most of Lumina Gold's value examination focuses on studying past and present price action to predict the probability of Lumina Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lumina Gold's price. Additionally, you may evaluate how the addition of Lumina Gold to your portfolios can decrease your overall portfolio volatility.