0RQ9 Stock | | | 105.80 1.38 1.29% |
Lundin Mining financial indicator trend analysis is infinitely more than just investigating Lundin Mining Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lundin Mining Corp is a good investment. Please check the relationship between Lundin Mining Net Receivables and its Total Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Lundin Mining 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.
Net Receivables vs Total Liab
Net Receivables vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lundin Mining Corp Net Receivables account and
Total Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Lundin Mining's Net Receivables and Total Liab is 0.47. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Liab in the same time period over historical financial statements of Lundin Mining Corp, assuming nothing else is changed. The correlation between historical values of Lundin Mining's Net Receivables and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Lundin Mining Corp are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Receivables i.e., Lundin Mining's Net Receivables and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.47 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Receivables
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Lundin Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lundin Mining 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Lundin Mining 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.
Tax Provision is likely to drop to about 111.1
M in 2024.
Selling General Administrative is likely to drop to about 59.2
M in 2024
Lundin Mining fundamental ratios Correlations
Click cells to compare fundamentals
Lundin Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lundin Mining fundamental ratios Accounts
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