Lomiko Net Tangible Assets vs Long Term Investments Analysis

LMR Stock

CAD 0.13 0.01 7.14%

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

Net Tangible Assets vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lomiko Metals Net Tangible Assets account and Long Term Investments. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Lomiko Metals' Net Tangible Assets and Long Term Investments is 0.92. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Lomiko Metals, assuming nothing else is changed. The correlation between historical values of Lomiko Metals' Net Tangible Assets and Long Term Investments 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 Tangible Assets of Lomiko Metals are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Net Tangible Assets i.e., Lomiko Metals' Net Tangible Assets and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Long Term Investments

Long Term Investments is an item on the asset side of Lomiko Metals balance sheet that represents investments Lomiko Metals intends to hold for over a year. Lomiko Metals long term investments may include different instruments such as stocks, bonds, real estate and cash.

Most indicators from Lomiko Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lomiko Metals 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 Lomiko Metals. 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, Lomiko Metals' Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 3.6 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (38.72) in 2024.

	2023	2024 (projected)
Reconciled Depreciation	22.0K	19.6K
Interest Income	1.15	1.09

Reconciled Depreciation Interest Income

Lomiko Metals fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Cash	Cash And Short Term Investments	Inventory	Current Deferred Revenue	Common Stock	Net Tangible Assets	Other Assets	Long Term Investments
Total Assets		-0.18	-0.36	1.0	0.96	0.41	0.23	0.99	1.0	0.5	0.25	1.0	0.2	0.99	-0.85	1.0	1.0	0.39	0.83	-0.17	0.49	-0.36	-0.55	0.43	0.94	0.48
Short Long Term Debt Total	-0.18		0.07	-0.17	-0.29	-0.27	0.26	-0.09	-0.18	-0.29	-0.2	-0.17	-0.21	-0.17	0.21	-0.17	-0.18	-0.42	-0.19	-0.17	-0.45	0.93	-0.25	-0.11	-0.16	-0.09
Other Current Liab	-0.36	0.07		-0.36	-0.24	0.28	-0.72	-0.39	-0.37	0.23	-0.25	-0.33	0.42	-0.32	0.3	-0.36	-0.36	-0.15	-0.39	0.74	-0.24	0.01	0.21	-0.26	-0.31	-0.2
Total Current Liabilities	1.0	-0.17	-0.36		0.95	0.41	0.24	0.99	1.0	0.5	0.25	1.0	0.21	0.99	-0.84	1.0	1.0	0.38	0.81	-0.18	0.48	-0.36	-0.55	0.41	0.95	0.45
Total Stockholder Equity	0.96	-0.29	-0.24	0.95		0.5	0.06	0.93	0.95	0.61	0.22	0.96	0.28	0.93	-0.89	0.96	0.96	0.48	0.87	-0.02	0.59	-0.43	-0.37	0.54	0.85	0.57
Property Plant And Equipment Net	0.41	-0.27	0.28	0.41	0.5		-0.34	0.3	0.41	0.98	-0.52	0.4	0.96	0.45	-0.53	0.4	0.39	0.75	0.15	0.4	0.73	-0.48	0.29	-0.12	0.5	-0.14
Net Debt	0.23	0.26	-0.72	0.24	0.06	-0.34		0.3	0.24	-0.3	0.24	0.23	-0.41	0.21	-0.24	0.24	0.23	-0.17	0.2	-0.99	-0.11	0.28	-0.4	0.11	0.19	0.18
Retained Earnings	0.99	-0.09	-0.39	0.99	0.93	0.3	0.3		0.99	0.4	0.35	0.98	0.08	0.96	-0.82	0.99	0.99	0.25	0.86	-0.24	0.36	-0.26	-0.65	0.5	0.9	0.53
Accounts Payable	1.0	-0.18	-0.37	1.0	0.95	0.41	0.24	0.99		0.5	0.25	1.0	0.2	0.99	-0.84	1.0	1.0	0.38	0.82	-0.19	0.48	-0.36	-0.55	0.42	0.95	0.46
Non Current Assets Total	0.5	-0.29	0.23	0.5	0.61	0.98	-0.3	0.4	0.5		-0.42	0.5	0.9	0.52	-0.63	0.49	0.49	0.75	0.32	0.36	0.76	-0.49	0.23	0.06	0.53	0.05
Non Currrent Assets Other	0.25	-0.2	-0.25	0.25	0.22	-0.52	0.24	0.35	0.25	-0.42		0.24	-0.67	0.17	-0.13	0.26	0.28	-0.61	0.54	-0.29	-0.48	-0.11	-0.63	0.6	0.07	0.55
Net Receivables	1.0	-0.17	-0.33	1.0	0.96	0.4	0.23	0.98	1.0	0.5	0.24		0.2	0.99	-0.83	1.0	1.0	0.38	0.82	-0.17	0.48	-0.36	-0.56	0.42	0.93	0.5
Common Stock Shares Outstanding	0.2	-0.21	0.42	0.21	0.28	0.96	-0.41	0.08	0.2	0.9	-0.67	0.2		0.28	-0.31	0.2	0.18	0.71	-0.12	0.48	0.63	-0.42	0.38	-0.36	0.36	-0.35
Other Current Assets	0.99	-0.17	-0.32	0.99	0.93	0.45	0.21	0.96	0.99	0.52	0.17	0.99	0.28		-0.81	0.99	0.98	0.42	0.73	-0.15	0.49	-0.38	-0.54	0.29	0.98	0.35
Other Stockholder Equity	-0.85	0.21	0.3	-0.84	-0.89	-0.53	-0.24	-0.82	-0.84	-0.63	-0.13	-0.83	-0.31	-0.81		-0.84	-0.84	-0.49	-0.77	0.21	-0.6	0.31	0.22	-0.44	-0.75	-0.47
Total Liab	1.0	-0.17	-0.36	1.0	0.96	0.4	0.24	0.99	1.0	0.49	0.26	1.0	0.2	0.99	-0.84		1.0	0.38	0.83	-0.18	0.48	-0.36	-0.56	0.43	0.94	0.47
Total Current Assets	1.0	-0.18	-0.36	1.0	0.96	0.39	0.23	0.99	1.0	0.49	0.28	1.0	0.18	0.98	-0.84	1.0		0.37	0.85	-0.18	0.47	-0.36	-0.56	0.47	0.92	0.52
Short Term Debt	0.39	-0.42	-0.15	0.38	0.48	0.75	-0.17	0.25	0.38	0.75	-0.61	0.38	0.71	0.42	-0.49	0.38	0.37		0.15	0.18	0.98	-0.5	0.5	-0.09	0.45	-0.07
Cash	0.83	-0.19	-0.39	0.81	0.87	0.15	0.2	0.86	0.82	0.32	0.54	0.82	-0.12	0.73	-0.77	0.83	0.85	0.15		-0.19	0.32	-0.24	-0.47	0.85	0.6	0.82
Cash And Short Term Investments	-0.17	-0.17	0.74	-0.18	-0.02	0.4	-0.99	-0.24	-0.19	0.36	-0.29	-0.17	0.48	-0.15	0.21	-0.18	-0.18	0.18	-0.19		0.12	-0.23	0.34	-0.14	-0.12	-0.2
Inventory	0.49	-0.45	-0.24	0.48	0.59	0.73	-0.11	0.36	0.48	0.76	-0.48	0.48	0.63	0.49	-0.6	0.48	0.47	0.98	0.32	0.12		-0.51	0.44	0.09	0.5	0.09
Current Deferred Revenue	-0.36	0.93	0.01	-0.36	-0.43	-0.48	0.28	-0.26	-0.36	-0.49	-0.11	-0.36	-0.42	-0.38	0.31	-0.36	-0.36	-0.5	-0.24	-0.23	-0.51		-0.09	-0.03	-0.39	-0.05
Common Stock	-0.55	-0.25	0.21	-0.55	-0.37	0.29	-0.4	-0.65	-0.55	0.23	-0.63	-0.56	0.38	-0.54	0.22	-0.56	-0.56	0.5	-0.47	0.34	0.44	-0.09		-0.25	-0.5	-0.33
Net Tangible Assets	0.43	-0.11	-0.26	0.41	0.54	-0.12	0.11	0.5	0.42	0.06	0.6	0.42	-0.36	0.29	-0.44	0.43	0.47	-0.09	0.85	-0.14	0.09	-0.03	-0.25		0.11	0.92
Other Assets	0.94	-0.16	-0.31	0.95	0.85	0.5	0.19	0.9	0.95	0.53	0.07	0.93	0.36	0.98	-0.75	0.94	0.92	0.45	0.6	-0.12	0.5	-0.39	-0.5	0.11		0.15
Long Term Investments	0.48	-0.09	-0.2	0.45	0.57	-0.14	0.18	0.53	0.46	0.05	0.55	0.5	-0.35	0.35	-0.47	0.47	0.52	-0.07	0.82	-0.2	0.09	-0.05	-0.33	0.92	0.15

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Lomiko Metals Account Relationship Matchups

Lomiko Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.7M	3.8M	11.5M	13.7M	14.2M	506.2M
Other Current Liab	56.9K	366.1K	443.8K	438.7K	394.8K	230.9K
Total Current Liabilities	329.0K	453.8K	500.8K	1.2M	573.2K	83.2M
Total Stockholder Equity	3.4M	3.4M	11.0M	12.5M	13.6M	35.7M
Property Plant And Equipment Net	3.6M	6.1M	9.8M	12.0M	13.7M	14.4M
Net Debt	(19.0K)	(5.0M)	(3.8M)	(2.1M)	(1.9M)	(1.8M)
Retained Earnings	(26.0M)	(26.7M)	(27.8M)	(30.9M)	(30.2M)	86.0M
Accounts Payable	289.0K	396.9K	134.7K	735.0K	134.5K	77.7M
Non Current Assets Total	3.8M	6.3M	9.8M	12.0M	13.7M	14.4M
Net Receivables	21.8K	23.7K	99.4K	44.7K	104.9K	81.9M
Common Stock Shares Outstanding	87.2M	169.8M	260.7M	326.8M	375.8M	394.6M
Liabilities And Stockholders Equity	3.8M	11.5M	13.7M	14.2M	16.3M	17.2M
Other Current Assets	9.3K	13.6K	107.4K	64.6K	48.6K	41.4M
Other Stockholder Equity	1.5M	1.3M	2.9M	5.2M	(72.7M)	(69.0M)
Total Liab	329.0K	453.8K	500.8K	1.2M	573.2K	470.5M
Total Current Assets	41.6K	56.3K	5.2M	3.9M	2.3M	237.9M
Cash	10.6K	19.0K	5.0M	3.8M	2.1M	18.5M
Cash And Short Term Investments	19.0K	5.0M	3.8M	2.1M	2.4M	2.5M
Accumulated Other Comprehensive Income	1.3M	2.9M	5.2M	4.0M	4.6M	4.9M
Common Stock	27.9M	28.8M	35.8M	38.2M	39.8M	354.4K
Net Tangible Assets	3.4M	3.4M	11.0M	12.5M	3.2M	3.0M
Property Plant Equipment	3.5M	3.6M	6.0M	9.3M	154.3M	162.0M
Net Invested Capital	3.4M	11.0M	12.5M	13.6M	15.7M	8.4M
Net Working Capital	(397.5K)	4.7M	2.7M	1.7M	1.9M	1.3M
Capital Stock	28.8M	35.8M	38.2M	39.8M	45.8M	36.2M

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