Lumina Gold Corp Stock Current Asset

LUM Stock  CAD 0.51  0.01  1.92%   
Lumina Gold Corp fundamentals help investors to digest information that contributes to Lumina Gold's financial success or failures. It also enables traders to predict the movement of Lumina Stock. The fundamental analysis module provides a way to measure Lumina Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Lumina Gold stock.
At this time, Lumina Gold's Total Current Assets are fairly stable compared to the past year. Other Current Assets is likely to climb to about 51.9 K in 2024, whereas Non Current Assets Total are likely to drop slightly above 6.6 M in 2024.
  
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Lumina Gold Corp Company Current Asset Analysis

Lumina Gold's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Current Asset

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Cash

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Deposits

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Liquid Assets

More About Current Asset | All Equity Analysis

Lumina Current Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Lumina Gold is extremely important. It helps to project a fair market value of Lumina Stock properly, considering its historical fundamentals such as Current Asset. Since Lumina Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Lumina Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Lumina Gold's interrelated accounts and indicators.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Lumina Total Assets

Total Assets

23.1 Million

At this time, Lumina Gold's Total Assets are fairly stable compared to the past year.
In accordance with the recently published financial statements, Lumina Gold Corp has a Current Asset of 0.0. This is 100.0% lower than that of the Metals & Mining sector and 100.0% lower than that of the Materials industry. The current asset for all Canada stocks is 100.0% higher than that of the company.

Lumina Gold Current Valuation Drivers

We derive many important indicators used in calculating different scores of Lumina Gold from analyzing Lumina Gold's financial statements. These drivers represent accounts that assess Lumina Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Lumina Gold's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap153.3M239.7M173.9M99.9M104.6M109.8M
Enterprise Value147.1M240.6M161.8M107.2M91.0M95.5M

Lumina Fundamentals

About Lumina Gold Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Lumina Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Lumina Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Lumina Gold Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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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.