Real Common Stock vs Net Invested Capital Analysis

LUCK Stock

CAD 70.00 2.00 2.94%

Real Luck financial indicator trend analysis is much more than just breaking down Real Luck Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Real Luck Group is a good investment. Please check the relationship between Real Luck Common Stock and its Net Invested Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Real Luck Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

Common Stock vs Net Invested Capital

Common Stock vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Real Luck Group Common Stock account and Net Invested Capital. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Real Luck's Common Stock and Net Invested Capital is 0.81. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Real Luck Group, assuming nothing else is changed. The correlation between historical values of Real Luck's Common Stock and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Real Luck Group are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Common Stock i.e., Real Luck's Common Stock and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.81

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Common Stock

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from Real Luck's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Real Luck Group 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 Real Luck Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

Tax Provision is likely to drop to 5,078 in 2024. Selling General Administrative is likely to drop to about 8.5 M in 2024

	2021	2023	2024 (projected)
Tax Provision	6.1K	8.1K	5.1K
Income Tax Expense	6.1K	7.0K	4.1K

Tax Provision Income Tax Expense

Real Luck fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Other Current Assets	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Capital Stock
Other Current Liab		-0.29	0.21	-0.4	0.06	0.68	0.9	-0.08	0.05	0.12	0.91	0.03	0.04	-0.14	-0.14	0.02	-0.13	0.15	-0.11	-0.14	0.14	-0.07	0.02	0.18	-0.14	0.1
Total Current Liabilities	-0.29		-0.93	0.98	-0.94	-0.5	-0.57	-0.63	-0.78	-0.95	-0.33	-0.77	-0.86	0.93	0.52	-0.77	0.93	-0.8	0.96	0.94	-0.66	0.97	-0.76	-0.41	0.52	-0.94
Net Tangible Assets	0.21	-0.93		-0.96	0.82	0.19	0.56	0.8	0.83	0.99	0.11	0.84	0.9	-0.98	-0.66	0.84	-0.97	0.93	-0.98	-0.98	0.83	-0.93	0.83	0.67	-0.66	0.96
Retained Earnings	-0.4	0.98	-0.96		-0.85	-0.45	-0.68	-0.66	-0.76	-0.95	-0.36	-0.75	-0.84	0.94	0.55	-0.76	0.94	-0.84	0.95	0.95	-0.72	0.93	-0.74	-0.52	0.55	-0.93
Accounts Payable	0.06	-0.94	0.82	-0.85		0.47	0.35	0.56	0.81	0.86	0.21	0.8	0.89	-0.81	-0.35	0.81	-0.83	0.68	-0.88	-0.83	0.54	-0.96	0.79	0.22	-0.35	0.89
Other Assets	0.68	-0.5	0.19	-0.45	0.47		0.55	-0.23	0.09	0.2	0.89	0.06	0.16	-0.19	-0.01	0.08	-0.18	0.0	-0.23	-0.2	-0.12	-0.35	0.06	-0.31	-0.01	0.22
Net Receivables	0.9	-0.57	0.56	-0.68	0.35	0.55		0.33	0.46	0.47	0.76	0.45	0.45	-0.47	-0.31	0.44	-0.48	0.54	-0.46	-0.47	0.53	-0.4	0.44	0.5	-0.31	0.47
Other Current Assets	-0.08	-0.63	0.8	-0.66	0.56	-0.23	0.33		0.76	0.78	-0.28	0.75	0.77	-0.78	-0.36	0.74	-0.86	0.95	-0.78	-0.78	0.97	-0.72	0.74	0.86	-0.36	0.85
Total Current Assets	0.05	-0.78	0.83	-0.76	0.81	0.09	0.46	0.76		0.82	0.04	1.0	0.99	-0.74	-0.31	1.0	-0.8	0.8	-0.81	-0.75	0.79	-0.8	1.0	0.56	-0.31	0.85
Common Stock	0.12	-0.95	0.99	-0.95	0.86	0.2	0.47	0.78	0.82		0.06	0.82	0.89	-0.99	-0.66	0.82	-0.97	0.91	-1.0	-0.99	0.78	-0.96	0.81	0.6	-0.66	0.97
Property Plant Equipment	0.91	-0.33	0.11	-0.36	0.21	0.89	0.76	-0.28	0.04	0.06		0.02	0.05	-0.05	0.0	0.03	-0.04	-0.04	-0.07	-0.06	-0.09	-0.11	0.02	-0.17	0.0	0.05
Total Assets	0.03	-0.77	0.84	-0.75	0.8	0.06	0.45	0.75	1.0	0.82	0.02		0.98	-0.75	-0.36	1.0	-0.78	0.8	-0.8	-0.75	0.78	-0.79	1.0	0.56	-0.36	0.84
Total Stockholder Equity	0.04	-0.86	0.9	-0.84	0.89	0.16	0.45	0.77	0.99	0.89	0.05	0.98		-0.83	-0.39	0.98	-0.87	0.84	-0.89	-0.84	0.79	-0.89	0.98	0.53	-0.39	0.91
Property Plant And Equipment Net	-0.14	0.93	-0.98	0.94	-0.81	-0.19	-0.47	-0.78	-0.74	-0.99	-0.05	-0.75	-0.83		0.66	-0.74	0.98	-0.91	0.99	1.0	-0.78	0.94	-0.73	-0.62	0.66	-0.96
Net Debt	-0.14	0.52	-0.66	0.55	-0.35	-0.01	-0.31	-0.36	-0.31	-0.66	0.0	-0.36	-0.39	0.66		-0.35	0.53	-0.57	0.6	0.65	-0.36	0.48	-0.35	-0.51	1.0	-0.48
Cash	0.02	-0.77	0.84	-0.76	0.81	0.08	0.44	0.74	1.0	0.82	0.03	1.0	0.98	-0.74	-0.35		-0.78	0.79	-0.81	-0.75	0.76	-0.8	1.0	0.54	-0.35	0.84
Non Current Assets Total	-0.13	0.93	-0.97	0.94	-0.83	-0.18	-0.48	-0.86	-0.8	-0.97	-0.04	-0.78	-0.87	0.98	0.53	-0.78		-0.94	0.98	0.98	-0.85	0.95	-0.77	-0.65	0.53	-0.99
Common Stock Shares Outstanding	0.15	-0.8	0.93	-0.84	0.68	0.0	0.54	0.95	0.8	0.91	-0.04	0.8	0.84	-0.91	-0.57	0.79	-0.94		-0.9	-0.91	0.96	-0.82	0.79	0.86	-0.57	0.93
Non Current Liabilities Total	-0.11	0.96	-0.98	0.95	-0.88	-0.23	-0.46	-0.78	-0.81	-1.0	-0.07	-0.8	-0.89	0.99	0.6	-0.81	0.98	-0.9		0.99	-0.77	0.97	-0.79	-0.57	0.6	-0.98
Capital Lease Obligations	-0.14	0.94	-0.98	0.95	-0.83	-0.2	-0.47	-0.78	-0.75	-0.99	-0.06	-0.75	-0.84	1.0	0.65	-0.75	0.98	-0.91	0.99		-0.78	0.95	-0.74	-0.61	0.65	-0.96
Other Stockholder Equity	0.14	-0.66	0.83	-0.72	0.54	-0.12	0.53	0.97	0.79	0.78	-0.09	0.78	0.79	-0.78	-0.36	0.76	-0.85	0.96	-0.77	-0.78		-0.69	0.77	0.9	-0.36	0.84
Total Liab	-0.07	0.97	-0.93	0.93	-0.96	-0.35	-0.4	-0.72	-0.8	-0.96	-0.11	-0.79	-0.89	0.94	0.48	-0.8	0.95	-0.82	0.97	0.95	-0.69		-0.78	-0.42	0.48	-0.97
Net Invested Capital	0.02	-0.76	0.83	-0.74	0.79	0.06	0.44	0.74	1.0	0.81	0.02	1.0	0.98	-0.73	-0.35	1.0	-0.77	0.79	-0.79	-0.74	0.77	-0.78		0.55	-0.35	0.83
Property Plant And Equipment Gross	0.18	-0.41	0.67	-0.52	0.22	-0.31	0.5	0.86	0.56	0.6	-0.17	0.56	0.53	-0.62	-0.51	0.54	-0.65	0.86	-0.57	-0.61	0.9	-0.42	0.55		-0.51	0.61
Short Long Term Debt	-0.14	0.52	-0.66	0.55	-0.35	-0.01	-0.31	-0.36	-0.31	-0.66	0.0	-0.36	-0.39	0.66	1.0	-0.35	0.53	-0.57	0.6	0.65	-0.36	0.48	-0.35	-0.51		-0.48
Capital Stock	0.1	-0.94	0.96	-0.93	0.89	0.22	0.47	0.85	0.85	0.97	0.05	0.84	0.91	-0.96	-0.48	0.84	-0.99	0.93	-0.98	-0.96	0.84	-0.97	0.83	0.61	-0.48

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Real Luck Account Relationship Matchups

Real Luck fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	298.2K	7.8K	14.1K	77.3K	69.6K	64.4K
Total Current Liabilities	4.1M	1.0M	1.0M	1.1M	976.1K	927.3K
Retained Earnings	(27.6M)	(33.7M)	(42.4M)	(51.5M)	(46.3M)	(48.7M)
Accounts Payable	58.5K	401.0K	395.2K	233.0K	267.9K	244.9K
Total Current Assets	2.5M	4.1M	15.0M	6.8M	7.8M	6.7M

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