Laurentian Non Currrent Assets Other vs Other Assets Analysis
LB Stock | CAD 27.18 0.13 0.48% |
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 Non Currrent Assets Other 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.
Non Currrent Assets Other vs Other Assets
Non Currrent Assets Other vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Laurentian Bank Non Currrent Assets Other account and Other Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Laurentian Bank's Non Currrent Assets Other and Other Assets is -0.7. Overlapping area represents the amount of variation of Non Currrent Assets Other 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 Non Currrent Assets Other 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 Non Currrent Assets Other 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 Non Currrent Assets Other i.e., Laurentian Bank's Non Currrent Assets Other and Other Assets go up and down completely randomly.
Correlation Coefficient | -0.7 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.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 21st 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
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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 |
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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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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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.
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