Lundin Historical Balance Sheet

LUN Stock

CAD 13.68 0.61 4.27%

Trend analysis of Lundin Mining balance sheet accounts such as Total Current Liabilities of 1.3 B provides information on Lundin Mining's total assets, liabilities, and equity, which is the actual value of Lundin Mining to its prevalent stockholders. By breaking down trends over time using Lundin Mining balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Lundin Mining latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Lundin Mining is a good buy for the upcoming year.

Lundin Mining Inventory

629.38 Million

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.

About Lundin Balance Sheet Analysis

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.

Lundin Mining Balance Sheet Chart

At this time, Lundin Mining's Net Debt is very stable compared to the past year. As of the 27th of November 2024, Retained Earnings is likely to grow to about 659.3 M, while Total Stockholder Equity is likely to drop about 3.1 B.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities Other Assets

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Total Assets

Total assets refers to the total amount of Lundin Mining assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Lundin Mining books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Lundin Mining balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Lundin Mining are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most accounts from Lundin Mining's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	31.0M	197.3M	1.5B	1.6B
Total Assets	7.6B	8.2B	10.9B	11.4B

Short Long Term Debt Total Total Assets

Lundin Mining balance sheet 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	0.78	0.91	0.72	0.96	0.95	0.52	0.53	0.9	0.13	0.97	0.86	0.85	0.13	0.93	0.65	0.93	-0.25	0.96	0.89	0.65	0.74	0.73	0.9	-0.19
Short Long Term Debt Total	0.7		0.31	0.56	0.23	0.61	0.69	0.81	0.31	0.59	0.05	0.66	0.43	0.39	0.05	0.6	0.2	0.84	-0.23	0.79	0.56	0.53	0.51	0.28	0.73	-0.04
Other Current Liab	0.78	0.31		0.9	0.53	0.83	0.81	0.12	0.55	0.78	0.24	0.72	0.9	0.89	0.24	0.9	0.48	0.67	-0.22	0.76	0.88	0.63	0.65	0.75	0.78	-0.21
Total Current Liabilities	0.91	0.56	0.9		0.54	0.97	0.95	0.43	0.64	0.96	0.08	0.88	0.95	0.91	0.08	0.96	0.46	0.82	-0.25	0.9	0.98	0.61	0.87	0.81	0.96	-0.34
Total Stockholder Equity	0.72	0.23	0.53	0.54		0.61	0.54	0.1	0.33	0.55	0.16	0.73	0.52	0.56	0.16	0.58	0.91	0.53	-0.06	0.56	0.53	0.38	0.34	0.6	0.43	0.03
Property Plant And Equipment Net	0.96	0.61	0.83	0.97	0.61		0.98	0.49	0.57	0.93	0.04	0.94	0.95	0.94	0.04	0.95	0.55	0.9	-0.31	0.96	0.95	0.6	0.83	0.81	0.94	-0.37
Current Deferred Revenue	0.95	0.69	0.81	0.95	0.54	0.98		0.49	0.51	0.93	0.15	0.9	0.9	0.89	0.15	0.96	0.5	0.93	-0.36	0.98	0.92	0.69	0.78	0.76	0.95	-0.27
Net Debt	0.52	0.81	0.12	0.43	0.1	0.49	0.49		0.52	0.45	-0.55	0.59	0.38	0.3	-0.55	0.42	-0.08	0.62	-0.13	0.59	0.5	0.03	0.6	0.24	0.61	-0.49
Retained Earnings	0.53	0.31	0.55	0.64	0.33	0.57	0.51	0.52		0.64	-0.44	0.64	0.58	0.47	-0.44	0.61	-0.03	0.39	-0.12	0.47	0.74	-0.07	0.67	0.56	0.61	-0.47
Accounts Payable	0.9	0.59	0.78	0.96	0.55	0.93	0.93	0.45	0.64		0.07	0.87	0.85	0.81	0.07	0.92	0.45	0.78	-0.24	0.86	0.95	0.59	0.84	0.75	0.93	-0.3
Cash	0.13	0.05	0.24	0.08	0.16	0.04	0.15	-0.55	-0.44	0.07		-0.07	-0.03	0.04	1.0	0.15	0.41	0.13	-0.1	0.12	-0.04	0.7	-0.29	0.0	0.02	0.77
Non Current Assets Total	0.97	0.66	0.72	0.88	0.73	0.94	0.9	0.59	0.64	0.87	-0.07		0.84	0.82	-0.07	0.88	0.59	0.89	-0.21	0.92	0.88	0.45	0.77	0.72	0.88	-0.31
Non Currrent Assets Other	0.86	0.43	0.9	0.95	0.52	0.95	0.9	0.38	0.58	0.85	-0.03	0.84		0.99	-0.03	0.91	0.46	0.79	-0.29	0.87	0.93	0.52	0.84	0.8	0.89	-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	0.99		0.04	0.88	0.54	0.79	-0.31	0.86	0.88	0.55	0.78	0.8	0.84	-0.44
Cash And Short Term Investments	0.13	0.05	0.24	0.08	0.16	0.04	0.15	-0.55	-0.44	0.07	1.0	-0.07	-0.03	0.04		0.15	0.4	0.13	-0.1	0.12	-0.04	0.7	-0.29	0.0	0.02	0.77
Net Receivables	0.93	0.6	0.9	0.96	0.58	0.95	0.96	0.42	0.61	0.92	0.15	0.88	0.91	0.88	0.15		0.48	0.86	-0.28	0.92	0.96	0.69	0.75	0.78	0.92	-0.26
Common Stock Shares Outstanding	0.65	0.2	0.48	0.46	0.91	0.55	0.5	-0.08	-0.03	0.45	0.41	0.59	0.46	0.54	0.4	0.48		0.52	-0.07	0.52	0.39	0.56	0.2	0.46	0.35	0.17
Non Current Liabilities Total	0.93	0.84	0.67	0.82	0.53	0.9	0.93	0.62	0.39	0.78	0.13	0.89	0.79	0.79	0.13	0.86	0.52		-0.34	0.99	0.8	0.68	0.66	0.63	0.87	-0.2
Other Stockholder Equity	-0.25	-0.23	-0.22	-0.25	-0.06	-0.31	-0.36	-0.13	-0.12	-0.24	-0.1	-0.21	-0.29	-0.31	-0.1	-0.28	-0.07	-0.34		-0.33	-0.25	-0.26	-0.11	-0.24	-0.25	0.11
Total Liab	0.96	0.79	0.76	0.9	0.56	0.96	0.98	0.59	0.47	0.86	0.12	0.92	0.87	0.86	0.12	0.92	0.52	0.99	-0.33		0.88	0.68	0.74	0.7	0.93	-0.25
Property Plant And Equipment Gross	0.89	0.56	0.88	0.98	0.53	0.95	0.92	0.5	0.74	0.95	-0.04	0.88	0.93	0.88	-0.04	0.96	0.39	0.8	-0.25	0.88		0.54	0.87	0.8	0.94	-0.43
Total Current Assets	0.65	0.53	0.63	0.61	0.38	0.6	0.69	0.03	-0.07	0.59	0.7	0.45	0.52	0.55	0.7	0.69	0.56	0.68	-0.26	0.68	0.54		0.29	0.45	0.59	0.28
Short Term Debt	0.74	0.51	0.65	0.87	0.34	0.83	0.78	0.6	0.67	0.84	-0.29	0.77	0.84	0.78	-0.29	0.75	0.2	0.66	-0.11	0.74	0.87	0.29		0.75	0.89	-0.52
Other Current Assets	0.73	0.28	0.75	0.81	0.6	0.81	0.76	0.24	0.56	0.75	0.0	0.72	0.8	0.8	0.0	0.78	0.46	0.63	-0.24	0.7	0.8	0.45	0.75		0.69	-0.25
Inventory	0.9	0.73	0.78	0.96	0.43	0.94	0.95	0.61	0.61	0.93	0.02	0.88	0.89	0.84	0.02	0.92	0.35	0.87	-0.25	0.93	0.94	0.59	0.89	0.69		-0.33
Short Term Investments	-0.19	-0.04	-0.21	-0.34	0.03	-0.37	-0.27	-0.49	-0.47	-0.3	0.77	-0.31	-0.48	-0.44	0.77	-0.26	0.17	-0.2	0.11	-0.25	-0.43	0.28	-0.52	-0.25	-0.33

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Lundin Mining Account Relationship Matchups

Lundin Mining balance sheet 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	172.9M	194.6M	407.9M	267.2M	317.3M	333.1M
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	919.8M	965.8M
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	348.9M	396.1M	662.3M	594.8M	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	170.1M	212.6M	223.3M
Other Current Assets	14.3M	20.5M	16.8M	38.6M	21.4M	22.5M
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

0.68	AG	First Majestic Silver	Pair Corr
0.68	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

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Lundin Historical Balance Sheet

Lundin Mining Inventory

629.38 Million

About Lundin Balance Sheet Analysis

Lundin Mining Balance Sheet Chart

Total Assets

Total Current Liabilities

Lundin Mining balance sheet Correlations

Lundin Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Lundin Mining balance sheet 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
Other Assets	+ 0.99	Non Currrent Assets Other
Total Liab	+ 0.99	Non Current Liabilities Total
Property Plant And Equipment Gross	+ 0.98	Total Current Liabilities
Current Deferred Revenue	+ 0.98	Property Plant And Equipment Net
Total Liab	+ 0.98	Current Deferred Revenue

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