Laurentian Retained Earnings vs Cash 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 Retained Earnings and its Cash 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.

Retained Earnings vs Cash

Retained Earnings vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Laurentian Bank Retained Earnings account and Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Laurentian Bank's Retained Earnings and Cash is 0.83. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash 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 Retained Earnings and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Laurentian Bank are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Retained Earnings i.e., Laurentian Bank's Retained Earnings and Cash go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Cash

Cash refers to the most liquid asset of Laurentian Bank, which is listed under current asset account on Laurentian Bank balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Laurentian Bank customers. The amounts must be unrestricted with restricted cash listed in a different Laurentian Bank account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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 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

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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.