Laurentian Cash And Short Term Investments vs Other Assets Analysis
LB Stock | CAD 27.27 0.27 0.98% |
Laurentian Bank financial indicator trend analysis is infinitely more than just investigating Laurentian Bank recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Laurentian Bank is a good investment. Please check the relationship between Laurentian Bank Cash And Short Term Investments and its Other Assets accounts. Check 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.
Cash And Short Term Investments vs Other Assets
Cash And Short Term Investments vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Laurentian Bank Cash And Short Term Investments account and Other Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Laurentian Bank's Cash And Short Term Investments and Other Assets is 0.15. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Assets in the same time period over historical financial statements of Laurentian Bank, assuming nothing else is changed. The correlation between historical values of Laurentian Bank's Cash And Short Term Investments and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Laurentian Bank are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Cash And Short Term Investments i.e., Laurentian Bank's Cash And Short Term Investments and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.15 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Laurentian Bank balance sheet. This account contains Laurentian Bank investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Laurentian Bank fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Other Assets
Most indicators from Laurentian Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Laurentian Bank 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 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. At this time, Laurentian Bank's Tax Provision is very stable compared to the past year. As of the 15th of May 2024, Enterprise Value Over EBITDA is likely to grow to 52.08, while Selling General Administrative is likely to drop about 300.4 M.
2021 | 2023 | 2024 (projected) | Interest Expense | 741.0M | 1.8B | 1.8B | Depreciation And Amortization | 52.5M | 60.4M | 44.2M |
Laurentian Bank fundamental ratios Correlations
Click cells to compare fundamentals
Laurentian Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Laurentian Bank fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 44.2B | 45.1B | 50.7B | 49.9B | 57.4B | 31.1B | |
Short Long Term Debt Total | 12.4B | 13.2B | 14.0B | 15.0B | 17.3B | 18.2B | |
Other Current Liab | (1.0B) | (1.1B) | (1.3B) | (946.6M) | (852.0M) | (894.6M) | |
Total Current Liabilities | 1.0B | 1.1B | 1.3B | 946.6M | 1.1B | 881.5M | |
Total Stockholder Equity | 2.6B | 2.6B | 2.8B | 2.9B | 3.3B | 3.5B | |
Property Plant And Equipment Net | 209.2M | 106.3M | 134.4M | 119.7M | 107.7M | 88.2M | |
Net Debt | 12.3B | 13.2B | 13.0B | 13.7B | 15.7B | 16.5B | |
Retained Earnings | 1.2B | 1.2B | 1.3B | 1.4B | 1.6B | 1.7B | |
Accounts Payable | 1.1B | 1.3B | 946.6M | 1.1B | 1.2B | 710.1M | |
Cash | 870.2M | 849.1M | 2.1B | 1.4B | 1.6B | 1.7B | |
Non Current Assets Total | 6.9B | 6.5B | 7.0B | 6.7B | 7.7B | 4.3B | |
Non Currrent Assets Other | (6.9B) | (6.5B) | (7.0B) | (6.7B) | (6.0B) | (6.3B) | |
Cash And Short Term Investments | 1.1B | 1.1B | 1.1B | 2.2B | 2.6B | 1.5B | |
Net Receivables | 117.9M | 468.8M | 204.1M | 283.4M | 325.9M | 215.7M | |
Common Stock Shares Outstanding | 42.9M | 43.5M | 43.4M | 43.6M | 50.2M | 31.1M | |
Liabilities And Stockholders Equity | 44.4B | 44.2B | 45.1B | 50.7B | 58.3B | 30.2B | |
Non Current Liabilities Total | 12.4B | 13.2B | 14.1B | 946.6M | 1.1B | 1.0B | |
Other Current Assets | 510.4M | 146.5M | 115.8M | 307.9M | 277.1M | 263.3M | |
Other Stockholder Equity | 3.6M | 5.1M | 254.6M | 127.1M | 114.4M | 82.1M | |
Total Liab | 41.6B | 42.4B | 47.9B | 47.0B | 54.1B | 29.5B | |
Property Plant And Equipment Gross | 209.2M | 195.5M | 234.1M | 222.9M | 200.6M | 210.6M | |
Total Current Assets | 1.3B | 1.3B | 1.6B | 2.5B | 2.2B | 3.7B | |
Other Assets | 36.2B | 36.4B | 36.5B | 41.6B | 47.8B | 26.9B | |
Good Will | 117.3M | 78.4M | 83.7M | 84.8M | 97.5M | 80.7M | |
Short Term Investments | 274.6M | 259.1M | 186.6M | 50.4M | 45.4M | 43.1M | |
Intangible Assets | 380.3M | 278.3M | 294.4M | 282.8M | 325.3M | 215.8M | |
Common Stock | 1.1B | 1.2B | 1.2B | 1.2B | 1.3B | 695.9M | |
Accumulated Other Comprehensive Income | 20.9M | 52.2M | 23.5M | 42.0M | 48.4M | 50.8M | |
Other Liab | 90.7M | 97.1M | 2.6B | 2.4B | 2.7B | 2.9B | |
Net Tangible Assets | 1.8B | 1.9B | 2.2B | 2.3B | 2.6B | 1.9B | |
Long Term Debt | 11.0B | 9.8B | 10.8B | 15.1B | 17.4B | 10.0B | |
Inventory | 7.3M | 7.1M | 5.6M | 4.7M | 4.2M | 5.5M | |
Long Term Investments | 5.8B | 6.5B | 6.2B | 6.0B | 6.9B | 5.9B | |
Property Plant Equipment | 89.3M | 209.2M | 106.3M | 134.4M | 154.5M | 103.1M | |
Long Term Debt Total | 9.3B | 11.2B | 9.9B | 10.9B | 12.6B | 9.8B | |
Earning Assets | 10.4B | 9.7B | 9.9B | 10.5B | 12.1B | 10.8B | |
Net Invested Capital | 12.9B | 14.1B | 15.2B | 17.8B | 20.5B | 14.6B |
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 Stocks Directory module to find actively traded stocks across global markets.
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.
Transaction History View history of all your transactions and understand their impact on performance | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |