Lucero Average Payables vs Free Cash Flow Yield Analysis

LOU Stock   0.41  0.01  2.38%   
Lucero Energy financial indicator trend analysis is infinitely more than just investigating Lucero Energy Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lucero Energy Corp is a good investment. Please check the relationship between Lucero Energy Average Payables and its Free Cash Flow Yield accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lucero Energy 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.

Average Payables vs Free Cash Flow Yield

Average Payables vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lucero Energy Corp Average Payables account and Free Cash Flow Yield. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Lucero Energy's Average Payables and Free Cash Flow Yield is 0.1. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Lucero Energy Corp, assuming nothing else is changed. The correlation between historical values of Lucero Energy's Average Payables and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Payables of Lucero Energy Corp are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Average Payables i.e., Lucero Energy's Average Payables and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
Most indicators from Lucero Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lucero Energy 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 Lucero Energy 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.
At this time, Lucero Energy's Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 2.07 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit140.4M230.5M140.2M142.6M
Total Revenue229.3M342.6M254.2M249.7M

Lucero Energy fundamental ratios Correlations

-0.70.360.320.480.260.14-0.450.730.790.270.14-0.3-0.26-0.460.360.14-0.34-0.580.37-0.190.290.140.420.140.1
-0.70.22-0.78-0.75-0.750.240.77-0.73-0.77-0.650.240.670.670.780.17-0.710.810.07-0.70.71-0.80.24-0.64-0.71-0.58
0.360.22-0.67-0.64-0.650.680.67-0.250.37-0.680.680.780.790.661.0-0.760.72-0.91-0.730.83-0.680.68-0.11-0.76-0.83
0.32-0.78-0.670.880.99-0.28-0.940.620.410.68-0.28-0.92-0.95-0.94-0.640.96-0.950.390.9-0.920.95-0.280.480.950.73
0.48-0.75-0.640.880.83-0.5-0.990.850.290.85-0.5-0.97-0.96-0.99-0.640.8-0.940.350.99-0.920.83-0.50.490.790.85
0.26-0.75-0.650.990.83-0.2-0.880.570.430.62-0.2-0.87-0.91-0.88-0.620.94-0.90.360.85-0.870.92-0.20.520.930.67
0.140.240.68-0.28-0.5-0.20.44-0.390.35-0.821.00.510.480.440.67-0.340.5-0.61-0.530.6-0.351.0-0.24-0.36-0.85
-0.450.770.67-0.94-0.99-0.880.44-0.78-0.32-0.80.440.990.971.00.66-0.880.97-0.39-0.990.95-0.90.44-0.44-0.87-0.82
0.73-0.73-0.250.620.850.57-0.39-0.780.50.8-0.39-0.72-0.71-0.79-0.250.43-0.67-0.110.78-0.610.51-0.390.720.420.68
0.79-0.770.370.410.290.430.35-0.320.50.130.35-0.16-0.2-0.330.410.25-0.3-0.640.2-0.140.350.350.630.24-0.01
0.27-0.65-0.680.680.850.62-0.82-0.80.80.13-0.82-0.81-0.81-0.8-0.660.62-0.810.40.85-0.830.65-0.820.630.630.97
0.140.240.68-0.28-0.5-0.21.00.44-0.390.35-0.820.510.480.440.67-0.340.51-0.61-0.530.6-0.351.0-0.24-0.37-0.85
-0.30.670.78-0.92-0.97-0.870.510.99-0.72-0.16-0.810.510.990.980.77-0.890.96-0.53-0.990.97-0.890.51-0.37-0.88-0.86
-0.260.670.79-0.95-0.96-0.910.480.97-0.71-0.2-0.810.480.990.970.78-0.90.95-0.51-0.980.96-0.880.48-0.45-0.89-0.86
-0.460.780.66-0.94-0.99-0.880.441.0-0.79-0.33-0.80.440.980.970.65-0.880.97-0.39-0.990.95-0.90.44-0.44-0.87-0.82
0.360.171.0-0.64-0.64-0.620.670.66-0.250.41-0.660.670.770.780.65-0.730.7-0.91-0.730.81-0.640.67-0.09-0.72-0.81
0.14-0.71-0.760.960.80.94-0.34-0.880.430.250.62-0.34-0.89-0.9-0.88-0.73-0.940.570.85-0.940.98-0.340.291.00.72
-0.340.810.72-0.95-0.94-0.90.50.97-0.67-0.3-0.810.510.960.950.970.7-0.94-0.49-0.950.98-0.970.5-0.41-0.95-0.85
-0.580.07-0.910.390.350.36-0.61-0.39-0.11-0.640.4-0.61-0.53-0.51-0.39-0.910.57-0.490.47-0.620.48-0.61-0.280.590.6
0.37-0.7-0.730.90.990.85-0.53-0.990.780.20.85-0.53-0.99-0.98-0.99-0.730.85-0.950.47-0.950.86-0.530.420.840.88
-0.190.710.83-0.92-0.92-0.870.60.95-0.61-0.14-0.830.60.970.960.950.81-0.940.98-0.62-0.95-0.940.6-0.35-0.94-0.9
0.29-0.8-0.680.950.830.92-0.35-0.90.510.350.65-0.35-0.89-0.88-0.9-0.640.98-0.970.480.86-0.94-0.350.310.990.72
0.140.240.68-0.28-0.5-0.21.00.44-0.390.35-0.821.00.510.480.440.67-0.340.5-0.61-0.530.6-0.35-0.24-0.36-0.85
0.42-0.64-0.110.480.490.52-0.24-0.440.720.630.63-0.24-0.37-0.45-0.44-0.090.29-0.41-0.280.42-0.350.31-0.240.270.5
0.14-0.71-0.760.950.790.93-0.36-0.870.420.240.63-0.37-0.88-0.89-0.87-0.721.0-0.950.590.84-0.940.99-0.360.270.72
0.1-0.58-0.830.730.850.67-0.85-0.820.68-0.010.97-0.85-0.86-0.86-0.82-0.810.72-0.850.60.88-0.90.72-0.850.50.72
Click cells to compare fundamentals

Lucero Energy Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Lucero Stock Analysis

When running Lucero Energy's price analysis, check to measure Lucero Energy'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 Lucero Energy is operating at the current time. Most of Lucero Energy's value examination focuses on studying past and present price action to predict the probability of Lucero Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lucero Energy's price. Additionally, you may evaluate how the addition of Lucero Energy to your portfolios can decrease your overall portfolio volatility.