Laurentian Bank Stock Probability Of Bankruptcy
| LB Stock | CAD 25.97 0.24 0.92% |
Laurentian | Probability Of Bankruptcy |
Laurentian Bank Company odds of distress Analysis
Laurentian Bank's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current Laurentian Bank Probability Of Bankruptcy | Less than 6% |
Most of Laurentian Bank's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Laurentian Bank is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Laurentian Bank probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Laurentian Bank odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Laurentian Bank financial health.
Laurentian Probability Of Bankruptcy Driver Correlations
Understanding the fundamental principles of building solid financial models for Laurentian Bank is extremely important. It helps to project a fair market value of Laurentian Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Laurentian Bank'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 Laurentian Bank'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 Laurentian Bank's interrelated accounts and indicators.
Click cells to compare fundamentals
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
| Competition |
Based on the latest financial disclosure, Laurentian Bank has a Probability Of Bankruptcy of 6.0%. This is 87.98% lower than that of the Banks sector and significantly higher than that of the Financials industry. The probability of bankruptcy for all Canada stocks is 84.94% higher than that of the company.
Laurentian Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Laurentian Bank's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Laurentian Bank could also be used in its relative valuation, which is a method of valuing Laurentian Bank by comparing valuation metrics of similar companies.Laurentian Bank is currently under evaluation in probability of bankruptcy category among related companies.
Laurentian Bank Main Bankruptcy Drivers
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Return On Assets | 0.002583 | 0.001266 | 0.004468 | 0.003629 | 0.004174 | 0.004577 | |
| Asset Turnover | 0.0211 | 0.0222 | 0.0204 | 0.0206 | 0.0236 | 0.0317 | |
| Net Debt | 12.3B | 13.2B | 13.0B | 13.7B | 15.7B | 16.5B | |
| Total Current Liabilities | 1.0B | 1.1B | 1.3B | 946.6M | 1.1B | 881.5M | |
| Non Current Liabilities Total | 12.4B | 13.2B | 14.1B | 946.6M | 1.1B | 1.0B | |
| Total Assets | 44.2B | 45.1B | 50.7B | 49.9B | 57.4B | 31.1B | |
| Total Current Assets | 1.3B | 1.3B | 1.6B | 2.5B | 2.2B | 3.7B | |
| Total Cash From Operating Activities | 698.7M | 134.7M | 896.9M | (580.2M) | (667.2M) | (633.8M) |
Laurentian Fundamentals
| Return On Equity | 0.0585 | ||||
| Return On Asset | 0.0034 | ||||
| Profit Margin | 0.17 % | ||||
| Operating Margin | 0.21 % | ||||
| Current Valuation | 11.18 B | ||||
| Shares Outstanding | 43.73 M | ||||
| Shares Owned By Institutions | 27.69 % | ||||
| Number Of Shares Shorted | 1.88 M | ||||
| Price To Earning | 11.37 X | ||||
| Price To Book | 0.41 X | ||||
| Price To Sales | 1.19 X | ||||
| Revenue | 1.03 B | ||||
| Gross Profit | 977.36 M | ||||
| EBITDA | 1.07 B | ||||
| Net Income | 181.09 M | ||||
| Cash And Equivalents | 7.05 B | ||||
| Cash Per Share | 163.48 X | ||||
| Total Debt | 15.04 B | ||||
| Debt To Equity | 3.77 % | ||||
| Book Value Per Share | 63.21 X | ||||
| Cash Flow From Operations | (580.18 M) | ||||
| Short Ratio | 7.08 X | ||||
| Earnings Per Share | 3.55 X | ||||
| Price To Earnings To Growth | 1.85 X | ||||
| Target Price | 27.36 | ||||
| Number Of Employees | 3 K | ||||
| Beta | 1.27 | ||||
| Market Capitalization | 1.14 B | ||||
| Total Asset | 49.89 B | ||||
| Retained Earnings | 1.41 B | ||||
| Annual Yield | 0.07 % | ||||
| Five Year Return | 5.59 % | ||||
| Net Asset | 49.89 B | ||||
| Last Dividend Paid | 1.87 |
About Laurentian Bank Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Laurentian Bank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Laurentian Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Laurentian Bank 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Laurentian Bank in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Laurentian Bank's short interest history, or implied volatility extrapolated from Laurentian Bank options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Laurentian Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for Laurentian Stock analysis
When running Laurentian Bank's price analysis, check to measure Laurentian Bank'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 Laurentian Bank is operating at the current time. Most of Laurentian Bank's value examination focuses on studying past and present price action to predict the probability of Laurentian Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Laurentian Bank's price. Additionally, you may evaluate how the addition of Laurentian Bank to your portfolios can decrease your overall portfolio volatility.
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |