Laurentian Pb Ratio vs Days Sales Outstanding Analysis

LB Stock  CAD 26.09  0.13  0.50%   
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 Pb Ratio and its Days Sales Outstanding 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.

Pb Ratio vs Days Sales Outstanding

Pb Ratio vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Laurentian Bank Pb Ratio account and Days Sales Outstanding. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Laurentian Bank's Pb Ratio and Days Sales Outstanding is 0.17. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Days Sales Outstanding 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 Pb Ratio and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Laurentian Bank are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Pb Ratio i.e., Laurentian Bank's Pb Ratio and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Pb Ratio

Days Sales Outstanding

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 5th 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 Expense741.0M1.8B1.8B
Depreciation And Amortization52.5M60.4M44.2M

Laurentian Bank fundamental ratios Correlations

0.68-0.650.750.720.160.690.70.860.50.92-0.790.330.490.890.21-0.740.131.00.28-0.8-0.030.980.52-0.130.77
0.68-0.730.80.980.41.00.970.760.860.64-0.75-0.060.330.830.31-0.570.430.670.74-0.58-0.520.730.56-0.570.71
-0.65-0.73-0.96-0.73-0.43-0.76-0.63-0.88-0.39-0.730.820.15-0.51-0.78-0.740.6-0.4-0.64-0.480.690.32-0.64-0.620.36-0.78
0.750.8-0.960.80.440.820.710.960.480.79-0.8-0.110.560.880.68-0.60.450.740.53-0.7-0.370.750.65-0.410.81
0.720.98-0.730.80.310.990.980.760.80.68-0.78-0.010.350.820.27-0.630.330.710.63-0.63-0.40.760.6-0.50.74
0.160.4-0.430.440.310.390.220.40.380.13-0.15-0.46-0.270.460.50.090.290.150.71-0.05-0.640.250.44-0.610.41
0.691.0-0.760.820.990.390.970.780.830.66-0.77-0.060.350.840.34-0.590.420.680.72-0.6-0.50.740.57-0.560.73
0.70.97-0.630.710.980.220.970.690.830.65-0.740.050.340.770.16-0.660.310.690.63-0.64-0.380.730.49-0.470.67
0.860.76-0.880.960.760.40.780.690.460.87-0.790.020.590.930.58-0.630.40.850.49-0.74-0.310.860.61-0.350.81
0.50.86-0.390.480.80.380.830.830.460.41-0.50.040.110.63-0.02-0.340.470.490.81-0.28-0.590.560.3-0.560.44
0.920.64-0.730.790.680.130.660.650.870.41-0.910.430.550.810.34-0.850.050.920.2-0.860.030.830.530.030.79
-0.79-0.750.82-0.8-0.78-0.15-0.77-0.74-0.79-0.5-0.91-0.32-0.5-0.73-0.390.87-0.08-0.78-0.290.840.04-0.7-0.560.03-0.78
0.33-0.060.15-0.11-0.01-0.46-0.060.050.020.040.43-0.320.33-0.04-0.5-0.48-0.390.34-0.34-0.240.610.15-0.130.78-0.01
0.490.33-0.510.560.35-0.270.350.340.590.110.55-0.50.330.370.1-0.450.460.490.06-0.380.140.420.080.140.19
0.890.83-0.780.880.820.460.840.770.930.630.81-0.73-0.040.370.45-0.560.360.880.57-0.67-0.390.920.68-0.50.88
0.210.31-0.740.680.270.50.340.160.58-0.020.34-0.39-0.50.10.45-0.190.260.190.27-0.39-0.460.220.43-0.390.53
-0.74-0.570.6-0.6-0.630.09-0.59-0.66-0.63-0.34-0.850.87-0.48-0.45-0.56-0.190.15-0.75-0.080.94-0.22-0.63-0.3-0.18-0.63
0.130.43-0.40.450.330.290.420.310.40.470.05-0.08-0.390.460.360.260.150.120.710.09-0.670.23-0.06-0.630.0
1.00.67-0.640.740.710.150.680.690.850.490.92-0.780.340.490.880.19-0.750.120.26-0.8-0.010.970.51-0.120.76
0.280.74-0.480.530.630.710.720.630.490.810.2-0.29-0.340.060.570.27-0.080.710.26-0.13-0.830.390.25-0.780.33
-0.8-0.580.69-0.7-0.63-0.05-0.6-0.64-0.74-0.28-0.860.84-0.24-0.38-0.67-0.390.940.09-0.8-0.13-0.1-0.72-0.40.01-0.74
-0.03-0.520.32-0.37-0.4-0.64-0.5-0.38-0.31-0.590.030.040.610.14-0.39-0.46-0.22-0.67-0.01-0.83-0.1-0.16-0.180.86-0.19
0.980.73-0.640.750.760.250.740.730.860.560.83-0.70.150.420.920.22-0.630.230.970.39-0.72-0.160.55-0.320.76
0.520.56-0.620.650.60.440.570.490.610.30.53-0.56-0.130.080.680.43-0.3-0.060.510.25-0.4-0.180.55-0.310.87
-0.13-0.570.36-0.41-0.5-0.61-0.56-0.47-0.35-0.560.030.030.780.14-0.5-0.39-0.18-0.63-0.12-0.780.010.86-0.32-0.31-0.31
0.770.71-0.780.810.740.410.730.670.810.440.79-0.78-0.010.190.880.53-0.630.00.760.33-0.74-0.190.760.87-0.31
Click cells to compare fundamentals

Laurentian Bank Account Relationship Matchups

Laurentian Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets44.2B45.1B50.7B49.9B57.4B31.1B
Short Long Term Debt Total12.4B13.2B14.0B15.0B17.3B18.2B
Other Current Liab(1.0B)(1.1B)(1.3B)(946.6M)(852.0M)(894.6M)
Total Current Liabilities1.0B1.1B1.3B946.6M1.1B881.5M
Total Stockholder Equity2.6B2.6B2.8B2.9B3.3B3.5B
Property Plant And Equipment Net209.2M106.3M134.4M119.7M107.7M88.2M
Net Debt12.3B13.2B13.0B13.7B15.7B16.5B
Retained Earnings1.2B1.2B1.3B1.4B1.6B1.7B
Accounts Payable1.1B1.3B946.6M1.1B1.2B710.1M
Cash870.2M849.1M2.1B1.4B1.6B1.7B
Non Current Assets Total6.9B6.5B7.0B6.7B7.7B4.3B
Non Currrent Assets Other(6.9B)(6.5B)(7.0B)(6.7B)(6.0B)(6.3B)
Cash And Short Term Investments1.1B1.1B1.1B2.2B2.6B1.5B
Net Receivables117.9M468.8M204.1M283.4M325.9M215.7M
Common Stock Shares Outstanding42.9M43.5M43.4M43.6M50.2M31.1M
Liabilities And Stockholders Equity44.4B44.2B45.1B50.7B58.3B30.2B
Non Current Liabilities Total12.4B13.2B14.1B946.6M1.1B1.0B
Other Current Assets510.4M146.5M115.8M307.9M277.1M263.3M
Other Stockholder Equity3.6M5.1M254.6M127.1M114.4M82.1M
Total Liab41.6B42.4B47.9B47.0B54.1B29.5B
Property Plant And Equipment Gross209.2M195.5M234.1M222.9M200.6M210.6M
Total Current Assets1.3B1.3B1.6B2.5B2.2B3.7B
Other Assets36.2B36.4B36.5B41.6B47.8B26.9B
Good Will117.3M78.4M83.7M84.8M97.5M80.7M
Short Term Investments274.6M259.1M186.6M50.4M45.4M43.1M
Intangible Assets380.3M278.3M294.4M282.8M325.3M215.8M
Common Stock1.1B1.2B1.2B1.2B1.3B695.9M
Accumulated Other Comprehensive Income20.9M52.2M23.5M42.0M48.4M50.8M
Other Liab90.7M97.1M2.6B2.4B2.7B2.9B
Net Tangible Assets1.8B1.9B2.2B2.3B2.6B1.9B
Long Term Debt11.0B9.8B10.8B15.1B17.4B10.0B
Inventory7.3M7.1M5.6M4.7M4.2M5.5M
Long Term Investments5.8B6.5B6.2B6.0B6.9B5.9B
Property Plant Equipment89.3M209.2M106.3M134.4M154.5M103.1M
Long Term Debt Total9.3B11.2B9.9B10.9B12.6B9.8B
Earning Assets10.4B9.7B9.9B10.5B12.1B10.8B
Net Invested Capital12.9B14.1B15.2B17.8B20.5B14.6B
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.

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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.
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Please note, there is a significant difference between Laurentian Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Laurentian Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Laurentian Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.