Lundin Reconciled Depreciation vs Net Income Analysis

LUN Stock

CAD 13.74 0.02 0.15%

Lundin Mining financial indicator trend analysis is infinitely more than just investigating Lundin Mining recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lundin Mining is a good investment. Please check the relationship between Lundin Mining Reconciled Depreciation and its Net Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lundin Mining. 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.

Reconciled Depreciation vs Net Income

Reconciled Depreciation vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lundin Mining Reconciled Depreciation account and Net Income. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Lundin Mining's Reconciled Depreciation and Net Income is 0.43. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Net Income in the same time period over historical financial statements of Lundin Mining, assuming nothing else is changed. The correlation between historical values of Lundin Mining's Reconciled Depreciation and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Lundin Mining are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Reconciled Depreciation i.e., Lundin Mining's Reconciled Depreciation and Net Income go up and down completely randomly.

Correlation Coefficient

0.43

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Reconciled Depreciation

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Lundin Mining financial statement analysis. It represents the amount of money remaining after all of Lundin Mining operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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 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 Lundin Mining. 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, Lundin Mining's Discontinued Operations is very stable compared to the past year. As of the 1st of December 2024, Issuance Of Capital Stock is likely to grow to about 18.4 M, while Selling General Administrative is likely to drop about 33.9 M.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	106.2M	212.6M	145.6M	87.5M
EBITDA	1.8B	1.0B	1.2B	1.3B

Total Operating Expenses Ebitda

Lundin Mining fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Current Assets	Inventory	Short Term Investments
Total Assets		0.7	0.89	0.91	0.72	0.96	0.95	0.52	0.53	0.9	0.13	0.97	0.87	0.85	0.13	0.9	0.65	0.93	0.87	0.96	0.89	0.65	0.73	0.07	0.9	-0.19
Short Long Term Debt Total	0.7		0.54	0.56	0.23	0.61	0.69	0.81	0.31	0.59	0.05	0.66	0.51	0.39	0.05	0.7	0.2	0.84	0.38	0.79	0.56	0.53	0.5	0.3	0.73	-0.04
Other Current Liab	0.89	0.54		0.98	0.54	0.94	0.91	0.45	0.69	0.93	0.0	0.86	0.96	0.89	0.0	0.94	0.43	0.78	0.71	0.87	0.99	0.57	0.88	0.0	0.94	-0.38
Total Current Liabilities	0.91	0.56	0.98		0.54	0.97	0.95	0.43	0.64	0.96	0.08	0.88	0.97	0.91	0.08	0.95	0.46	0.82	0.75	0.9	0.98	0.61	0.87	-0.03	0.96	-0.34
Total Stockholder Equity	0.72	0.23	0.54	0.54		0.61	0.54	0.1	0.33	0.55	0.16	0.73	0.49	0.56	0.16	0.48	0.91	0.53	0.86	0.56	0.53	0.38	0.35	-0.03	0.43	0.03
Property Plant And Equipment Net	0.96	0.61	0.94	0.97	0.61		0.98	0.49	0.57	0.93	0.04	0.94	0.96	0.94	0.04	0.91	0.55	0.9	0.83	0.96	0.95	0.6	0.83	0.01	0.94	-0.37
Current Deferred Revenue	0.95	0.69	0.91	0.95	0.54	0.98		0.49	0.51	0.93	0.15	0.9	0.92	0.89	0.15	0.93	0.5	0.93	0.79	0.98	0.92	0.69	0.78	0.08	0.95	-0.27
Net Debt	0.52	0.81	0.45	0.43	0.1	0.49	0.49		0.52	0.45	-0.55	0.59	0.46	0.3	-0.55	0.54	-0.08	0.62	0.13	0.59	0.5	0.03	0.59	0.11	0.61	-0.49
Retained Earnings	0.53	0.31	0.69	0.64	0.33	0.57	0.51	0.52		0.64	-0.44	0.64	0.61	0.47	-0.44	0.65	-0.03	0.39	0.29	0.47	0.74	-0.07	0.67	-0.47	0.61	-0.47
Accounts Payable	0.9	0.59	0.93	0.96	0.55	0.93	0.93	0.45	0.64		0.07	0.87	0.88	0.81	0.07	0.92	0.45	0.78	0.71	0.86	0.95	0.59	0.84	-0.03	0.93	-0.3
Cash	0.13	0.05	0.0	0.08	0.16	0.04	0.15	-0.55	-0.44	0.07		-0.07	-0.04	0.04	1.0	0.08	0.41	0.13	0.31	0.12	-0.04	0.7	-0.29	0.23	0.02	0.77
Non Current Assets Total	0.97	0.66	0.86	0.88	0.73	0.94	0.9	0.59	0.64	0.87	-0.07		0.86	0.82	-0.07	0.86	0.59	0.89	0.82	0.92	0.88	0.45	0.77	-0.09	0.88	-0.31
Non Currrent Assets Other	0.87	0.51	0.96	0.97	0.49	0.96	0.92	0.46	0.61	0.88	-0.04	0.86		0.96	-0.04	0.9	0.41	0.81	0.72	0.89	0.95	0.52	0.87	-0.05	0.94	-0.48
Other Assets	0.85	0.39	0.89	0.91	0.56	0.94	0.89	0.3	0.47	0.81	0.04	0.82	0.96		0.04	0.81	0.54	0.79	0.81	0.86	0.88	0.55	0.77	0.0	0.84	-0.44
Cash And Short Term Investments	0.13	0.05	0.0	0.08	0.16	0.04	0.15	-0.55	-0.44	0.07	1.0	-0.07	-0.04	0.04		0.08	0.4	0.13	0.31	0.12	-0.04	0.7	-0.29	0.23	0.02	0.77
Net Receivables	0.9	0.7	0.94	0.95	0.48	0.91	0.93	0.54	0.65	0.92	0.08	0.86	0.9	0.81	0.08		0.36	0.85	0.65	0.91	0.95	0.65	0.78	0.06	0.96	-0.27
Common Stock Shares Outstanding	0.65	0.2	0.43	0.46	0.91	0.55	0.5	-0.08	-0.03	0.45	0.41	0.59	0.41	0.54	0.4	0.36		0.52	0.88	0.52	0.39	0.56	0.21	0.19	0.35	0.17
Non Current Liabilities Total	0.93	0.84	0.78	0.82	0.53	0.9	0.93	0.62	0.39	0.78	0.13	0.89	0.81	0.79	0.13	0.85	0.52		0.77	0.99	0.8	0.68	0.65	0.21	0.87	-0.2
Other Stockholder Equity	0.87	0.38	0.71	0.75	0.86	0.83	0.79	0.13	0.29	0.71	0.31	0.82	0.72	0.81	0.31	0.65	0.88	0.77		0.79	0.71	0.64	0.46	0.08	0.64	-0.06
Total Liab	0.96	0.79	0.87	0.9	0.56	0.96	0.98	0.59	0.47	0.86	0.12	0.92	0.89	0.86	0.12	0.91	0.52	0.99	0.79		0.88	0.68	0.73	0.15	0.93	-0.25
Property Plant And Equipment Gross	0.89	0.56	0.99	0.98	0.53	0.95	0.92	0.5	0.74	0.95	-0.04	0.88	0.95	0.88	-0.04	0.95	0.39	0.8	0.71	0.88		0.54	0.87	-0.04	0.94	-0.43
Total Current Assets	0.65	0.53	0.57	0.61	0.38	0.6	0.69	0.03	-0.07	0.59	0.7	0.45	0.52	0.55	0.7	0.65	0.56	0.68	0.64	0.68	0.54		0.29	0.55	0.59	0.28
Short Term Debt	0.73	0.5	0.88	0.87	0.35	0.83	0.78	0.59	0.67	0.84	-0.29	0.77	0.87	0.77	-0.29	0.78	0.21	0.65	0.46	0.73	0.87	0.29		-0.11	0.88	-0.52
Other Current Assets	0.07	0.3	0.0	-0.03	-0.03	0.01	0.08	0.11	-0.47	-0.03	0.23	-0.09	-0.05	0.0	0.23	0.06	0.19	0.21	0.08	0.15	-0.04	0.55	-0.11		0.02	0.1
Inventory	0.9	0.73	0.94	0.96	0.43	0.94	0.95	0.61	0.61	0.93	0.02	0.88	0.94	0.84	0.02	0.96	0.35	0.87	0.64	0.93	0.94	0.59	0.88	0.02		-0.33
Short Term Investments	-0.19	-0.04	-0.38	-0.34	0.03	-0.37	-0.27	-0.49	-0.47	-0.3	0.77	-0.31	-0.48	-0.44	0.77	-0.27	0.17	-0.2	-0.06	-0.25	-0.43	0.28	-0.52	0.1	-0.33

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Lundin Mining Account Relationship Matchups

Lundin Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.9B	7.1B	7.6B	8.2B	10.9B	11.4B
Short Long Term Debt Total	308.5M	203.0M	31.0M	197.3M	1.5B	1.6B
Other Current Liab	106.1M	124.9M	181.7M	208.4M	254.4M	267.1M
Total Current Liabilities	605.4M	587.4M	787.5M	950.1M	1.2B	1.3B
Total Stockholder Equity	3.8B	4.0B	4.4B	4.9B	5.0B	3.1B
Property Plant And Equipment Net	5.1B	5.1B	5.1B	6.0B	7.7B	8.1B
Current Deferred Revenue	163.2M	149.8M	165.4M	196.8M	286.3M	300.6M
Net Debt	58.0M	61.6M	(563.1M)	5.9M	1.2B	1.3B
Retained Earnings	(178.3M)	(98.2M)	437.2M	592.4M	627.9M	659.3M
Accounts Payable	188.4M	126.0M	199.5M	315.9M	393.8M	413.5M
Cash	250.6M	141.4M	594.1M	191.4M	268.8M	341.9M
Non Current Assets Total	6.0B	6.2B	6.1B	7.0B	9.1B	9.5B
Non Currrent Assets Other	601.9M	758.7M	789.3M	736.8M	1.1B	1.2B
Other Assets	710.8M	821.4M	801.3M	740.7M	851.8M	894.4M
Cash And Short Term Investments	250.6M	141.4M	594.1M	191.4M	268.8M	343.0M
Net Receivables	229.7M	271.1M	507.7M	430.7M	814.5M	855.2M
Common Stock Shares Outstanding	733.6M	736.1M	735.3M	739.3M	772.5M	537.8M
Liabilities And Stockholders Equity	6.9B	7.1B	7.6B	8.2B	10.9B	11.4B
Non Current Liabilities Total	2.0B	2.0B	1.9B	1.8B	3.2B	3.4B
Other Stockholder Equity	51.3M	52.1M	58.2M	55.8M	55.2M	52.4M
Total Liab	2.6B	2.6B	2.6B	2.7B	4.4B	4.7B
Property Plant And Equipment Gross	5.1B	5.1B	9.1B	10.4B	12.8B	13.4B
Total Current Assets	869.7M	837.9M	1.5B	1.2B	1.8B	1.9B
Accumulated Other Comprehensive Income	(284.6M)	(177.2M)	(249.9M)	(342.3M)	(296.6M)	(281.8M)
Short Term Debt	80.8M	116.9M	14.6M	184.0M	212.6M	223.3M
Other Current Assets	36.1M	46.3M	42.8M	135.9M	108.4M	97.6M
Inventory	216.5M	254.0M	227.4M	296.7M	599.4M	629.4M
Short Term Investments	17.1M	14.4M	60.5M	33.2M	29.9M	28.4M
Other Liab	1.8B	1.9B	1.8B	1.8B	2.0B	1.2B
Net Tangible Assets	3.5B	3.7B	4.2B	4.6B	5.3B	3.8B
Long Term Debt	198.9M	86.1M	2.5M	13.4M	1.0B	1.1B
Good Will	242.2M	251.2M	243.0M	237.3M	240.6M	185.9M
Long Term Investments	33.3M	22.3M	15.1M	380K	14.3M	13.6M
Short Long Term Debt	80.8M	116.9M	14.6M	156.3M	165.0M	86.2M
Common Stock	4.2B	4.2B	4.2B	4.6B	4.6B	4.2B
Property Plant Equipment	5.1B	5.1B	5.1B	6.0B	6.8B	3.9B
Common Stock Total Equity	4.2B	4.2B	4.2B	4.2B	4.8B	4.3B
Long Term Debt Total	227.8M	86.1M	16.4M	27.2M	24.5M	23.2M
Capital Surpluse	51.3M	52.1M	58.2M	55.8M	64.1M	56.3M

Pair Trading with Lundin Mining

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lundin Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lundin Mining will appreciate offsetting losses from the drop in the long position's value.

Moving together with Lundin Stock

0.71	AG	First Majestic Silver	Pair Corr
0.64	IE	Ivanhoe Energy	Pair Corr
0.71	FDY	Faraday Copper Corp	Pair Corr

The ability to find closely correlated positions to Lundin Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lundin Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lundin Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lundin Mining to buy it.

The correlation of Lundin Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lundin Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lundin Mining moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Lundin Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Lundin Stock

Balance Sheet is a snapshot of the financial position of Lundin Mining at a specified time, usually calculated after every quarter, six months, or one year. Lundin Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Lundin Mining and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Lundin currently owns. An asset can also be divided into two categories, current and non-current.

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Lundin Reconciled Depreciation vs Net Income Analysis

Reconciled Depreciation vs Net Income

Reconciled Depreciation vs Net Income Correlation Analysis

Correlation Coefficient

Reconciled Depreciation

Net Income

Lundin Mining fundamental ratios Correlations

Lundin Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Lundin Mining fundamental ratios Accounts

Pair Trading with Lundin Mining

Moving together with Lundin Stock

Other Information on Investing in Lundin Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Gross	+ 0.99	Other Current Liab
Total Liab	+ 0.99	Non Current Liabilities Total
Total Current Liabilities	+ 0.98	Other Current Liab
Property Plant And Equipment Gross	+ 0.98	Total Current Liabilities
Current Deferred Revenue	+ 0.98	Property Plant And Equipment Net

Cash And Short Term Investments	- 0.55	Net Debt
Cash	- 0.55	Net Debt
Short Term Investments	- 0.52	Short Term Debt
Short Term Investments	- 0.49	Net Debt
Short Term Investments	- 0.48	Non Currrent Assets Other
Short Term Investments	- 0.47	Retained Earnings