Lumina Change In Cash vs Capital Expenditures Analysis

LUM Stock

CAD 0.50 0.03 6.38%

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 Change In Cash and its Capital Expenditures 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.

Change In Cash vs Capital Expenditures

Change In Cash vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lumina Gold Corp Change In Cash account and Capital Expenditures. At this time, the significance of the direction appears to have very week relationship.

The correlation between Lumina Gold's Change In Cash and Capital Expenditures is 0.26. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Capital Expenditures 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 Change In Cash and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Lumina Gold Corp are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change In Cash i.e., Lumina Gold's Change In Cash and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.26

Relationship Direction	Positive
Relationship Strength	Very Weak

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Change In Cash

Capital Expenditures

Capital Expenditures are funds used by Lumina Gold Corp to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Lumina Gold operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

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 Depreciation	176.0K	179.1K	184.9K	168.4K
Interest Income	8.2K	22.0K	198.5K	188.1K

Reconciled Depreciation Interest Income

Lumina Gold fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant And Equipment Net	Accounts Payable	Non Current Liabilities Total	Inventory	Other Current Assets	Non Currrent Assets Other	Other Assets	Short Long Term Debt Total	Net Tangible Assets	Short Long Term Debt
Total Assets		0.15	0.04	0.88	-0.7	-0.07	0.74	0.96	0.74	0.77	0.25	0.21	-0.08	0.09	0.74	0.5	0.96	0.56	0.11	0.05	0.23	0.78	0.77	-0.11	0.99	0.1
Other Current Liab	0.15		0.84	-0.33	-0.45	-0.77	0.54	-0.04	0.54	0.1	0.68	0.39	0.28	0.98	0.55	0.46	-0.04	0.45	0.97	0.02	-0.01	-0.1	-0.04	0.04	0.17	0.85
Total Current Liabilities	0.04	0.84		-0.39	-0.06	-0.82	0.28	-0.07	0.28	0.09	0.72	0.35	0.3	0.9	0.28	0.53	-0.06	0.41	0.76	0.04	0.04	-0.14	-0.1	0.3	0.14	0.85
Total Stockholder Equity	0.88	-0.33	-0.39		-0.5	0.29	0.48	0.92	0.48	0.69	-0.07	0.02	-0.22	-0.4	0.48	0.27	0.92	0.35	-0.36	0.04	0.24	0.76	0.72	-0.1	0.85	-0.29
Net Debt	-0.7	-0.45	-0.06	-0.5		0.27	-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	-0.33	0.22	-0.65	-0.29
Retained Earnings	-0.07	-0.77	-0.82	0.29	0.27		-0.46	0.09	-0.45	-0.25	-0.96	-0.37	-0.28	-0.75	-0.45	-0.81	0.09	-0.57	-0.65	-0.02	-0.12	0.31	0.3	-0.45	-0.15	-0.88
Cash	0.74	0.54	0.28	0.48	-0.96	-0.46		0.53	1.0	0.56	0.58	0.32	0.07	0.44	1.0	0.63	0.53	0.68	0.49	0.0	0.23	0.3	0.31	-0.04	0.73	0.48
Non Current Assets Total	0.96	-0.04	-0.07	0.92	-0.5	0.09	0.53		0.53	0.74	0.09	0.13	-0.15	-0.07	0.53	0.38	1.0	0.44	-0.07	0.05	0.19	0.85	0.83	-0.12	0.95	-0.07
Cash And Short Term Investments	0.74	0.54	0.28	0.48	-0.96	-0.45	1.0	0.53		0.57	0.57	0.32	0.11	0.44	1.0	0.62	0.53	0.68	0.49	0.04	0.26	0.3	0.32	-0.04	0.72	0.47
Net Receivables	0.77	0.1	0.09	0.69	-0.5	-0.25	0.56	0.74	0.57		0.38	0.1	0.15	0.05	0.57	0.62	0.74	0.6	0.02	0.05	0.24	0.41	0.38	0.07	0.78	0.14
Common Stock Shares Outstanding	0.25	0.68	0.72	-0.07	-0.4	-0.96	0.58	0.09	0.57	0.38		0.47	0.17	0.65	0.57	0.89	0.09	0.67	0.56	0.08	0.21	-0.14	-0.13	0.41	0.33	0.81
Short Term Investments	0.21	0.39	0.35	0.02	-0.25	-0.37	0.32	0.13	0.32	0.1	0.47		-0.45	0.36	0.32	0.41	0.13	0.37	0.34	0.76	0.54	0.37	0.39	0.06	0.23	0.38
Other Stockholder Equity	-0.08	0.28	0.3	-0.22	-0.03	-0.28	0.07	-0.15	0.11	0.15	0.17	-0.45		0.3	0.11	0.09	-0.15	0.03	0.27	-0.19	-0.04	-0.42	-0.4	0.1	-0.08	0.24
Total Liab	0.09	0.98	0.9	-0.4	-0.32	-0.75	0.44	-0.07	0.44	0.05	0.65	0.36	0.3		0.44	0.41	-0.07	0.37	0.97	0.01	-0.04	-0.11	-0.05	-0.01	0.12	0.81
Total Current Assets	0.74	0.55	0.28	0.48	-0.96	-0.45	1.0	0.53	1.0	0.57	0.57	0.32	0.11	0.44		0.63	0.53	0.68	0.49	0.04	0.26	0.3	0.32	-0.04	0.72	0.47
Common Stock	0.5	0.46	0.53	0.27	-0.46	-0.81	0.63	0.38	0.62	0.62	0.89	0.41	0.09	0.41	0.63		0.38	0.73	0.31	0.18	0.27	0.09	0.06	0.48	0.57	0.66
Property Plant And Equipment Net	0.96	-0.04	-0.06	0.92	-0.51	0.09	0.53	1.0	0.53	0.74	0.09	0.13	-0.15	-0.07	0.53	0.38		0.44	-0.06	0.05	0.19	0.85	0.83	-0.12	0.95	-0.07
Accounts Payable	0.56	0.45	0.41	0.35	-0.57	-0.57	0.68	0.44	0.68	0.6	0.67	0.37	0.03	0.37	0.68	0.73	0.44		0.31	0.09	0.29	0.19	0.19	0.15	0.6	0.46
Non Current Liabilities Total	0.11	0.97	0.76	-0.36	-0.44	-0.65	0.49	-0.07	0.49	0.02	0.56	0.34	0.27	0.97	0.49	0.31	-0.06	0.31		-0.01	-0.08	-0.09	-0.02	-0.17	0.1	0.72
Inventory	0.05	0.02	0.04	0.04	-0.01	-0.02	0.0	0.05	0.04	0.05	0.08	0.76	-0.19	0.01	0.04	0.18	0.05	0.09	-0.01		0.59	0.3	0.31	0.03	0.05	0.03
Other Current Assets	0.23	-0.01	0.04	0.24	-0.18	-0.12	0.23	0.19	0.26	0.24	0.21	0.54	-0.04	-0.04	0.26	0.27	0.19	0.29	-0.08	0.59		0.18	0.22	0.13	0.23	0.04
Non Currrent Assets Other	0.78	-0.1	-0.14	0.76	-0.31	0.31	0.3	0.85	0.3	0.41	-0.14	0.37	-0.42	-0.11	0.3	0.09	0.85	0.19	-0.09	0.3	0.18		0.99	-0.21	0.76	-0.15
Other Assets	0.77	-0.04	-0.1	0.72	-0.33	0.3	0.31	0.83	0.32	0.38	-0.13	0.39	-0.4	-0.05	0.32	0.06	0.83	0.19	-0.02	0.31	0.22	0.99		-0.24	0.74	-0.13
Short Long Term Debt Total	-0.11	0.04	0.3	-0.1	0.22	-0.45	-0.04	-0.12	-0.04	0.07	0.41	0.06	0.1	-0.01	-0.04	0.48	-0.12	0.15	-0.17	0.03	0.13	-0.21	-0.24		0.01	0.54
Net Tangible Assets	0.99	0.17	0.14	0.85	-0.65	-0.15	0.73	0.95	0.72	0.78	0.33	0.23	-0.08	0.12	0.72	0.57	0.95	0.6	0.1	0.05	0.23	0.76	0.74	0.01		0.18
Short Long Term Debt	0.1	0.85	0.85	-0.29	-0.29	-0.88	0.48	-0.07	0.47	0.14	0.81	0.38	0.24	0.81	0.47	0.66	-0.07	0.46	0.72	0.03	0.04	-0.15	-0.13	0.54	0.18

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Lumina Gold Account Relationship Matchups

Lumina Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	12.3M	6.4M	17.9M	6.6M	22.0M	23.1M
Other Current Liab	550.5K	1.4M	142.8K	2.5M	9.8M	10.2M
Total Current Liabilities	1.4M	1.6M	712.7K	10.5M	9.8M	10.3M
Total Stockholder Equity	10.9M	4.8M	17.1M	(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)
Cash	6.2M	535.8K	12.0M	795.2K	13.6M	14.3M
Non Current Assets Total	5.9M	5.7M	5.7M	5.6M	8.2M	6.6M
Cash And Short Term Investments	6.2M	535.8K	12.0M	795.2K	13.6M	14.3M
Net Receivables	93.9K	53.9K	63.7K	52.5K	60.4K	45.5K
Common Stock Shares Outstanding	311.3M	332.0M	343.6M	376.4M	415.8M	436.6M
Liabilities And Stockholders Equity	12.3M	6.4M	17.9M	6.6M	22.0M	23.1M
Other Stockholder Equity	5.6M	6.2M	6.5M	7.6M	8.6M	9.3M
Total Liab	1.4M	1.6M	712.7K	10.6M	30.0M	31.5M
Total Current Assets	6.5M	661.1K	12.2M	942.5K	13.8M	14.5M
Common Stock	86.7M	88.0M	108.0M	108.0M	120.3M	67.4M
Property Plant And Equipment Net	5.9M	5.7M	5.6M	5.6M	8.1M	6.8M
Accounts Payable	550.5K	1.4M	142.8K	712.7K	819.6K	860.6K
Non Currrent Assets Other	30.3K	32.2K	51.1K	53.4K	56.4K	73.5K
Other Assets	192.2K	30.3K	32.2K	51.1K	58.7K	93.0K
Net Tangible Assets	17.4M	10.9M	4.8M	17.1M	19.7M	21.4M
Property Plant Equipment	3.3M	5.9M	5.7M	5.6M	5.0M	4.8M
Net Invested Capital	10.9M	6.2M	17.1M	4.0M	(8.0M)	(7.6M)
Net Working Capital	5.1M	(935.9K)	11.5M	(9.6M)	4.0M	4.3M
Capital Stock	86.7M	88.0M	108.0M	108.0M	120.3M	107.7M

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