Laurentian Tax Provision vs Operating Income Analysis

LB Stock

CAD 26.22 0.49 1.90%

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 Tax Provision and its Operating Income 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.

Tax Provision vs Operating Income

Tax Provision vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Laurentian Bank Tax Provision account and Operating Income. At this time, the significance of the direction appears to have very week relationship.

The correlation between Laurentian Bank's Tax Provision and Operating Income is 0.24. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Operating Income 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 Tax Provision and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Laurentian Bank are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Tax Provision i.e., Laurentian Bank's Tax Provision and Operating Income go up and down completely randomly.

Correlation Coefficient

0.24

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Operating Income

Operating Income is the amount of profit realized from Laurentian Bank operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Laurentian Bank is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

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 2nd 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

Interest Expense Depreciation And Amortization

Laurentian Bank fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Assets	Good Will	Short Term Investments	Intangible Assets
Total Assets		0.68	-0.65	0.75	0.72	0.16	0.69	0.7	0.86	0.5	0.92	-0.79	0.33	0.49	0.89	0.21	-0.74	0.13	1.0	0.28	-0.8	-0.03	0.98	0.52	-0.13	0.77
Short Long Term Debt Total	0.68		-0.73	0.8	0.98	0.4	1.0	0.97	0.76	0.86	0.64	-0.75	-0.06	0.33	0.83	0.31	-0.57	0.43	0.67	0.74	-0.58	-0.52	0.73	0.56	-0.57	0.71
Other Current Liab	-0.65	-0.73		-0.96	-0.73	-0.43	-0.76	-0.63	-0.88	-0.39	-0.73	0.82	0.15	-0.51	-0.78	-0.74	0.6	-0.4	-0.64	-0.48	0.69	0.32	-0.64	-0.62	0.36	-0.78
Total Current Liabilities	0.75	0.8	-0.96		0.8	0.44	0.82	0.71	0.96	0.48	0.79	-0.8	-0.11	0.56	0.88	0.68	-0.6	0.45	0.74	0.53	-0.7	-0.37	0.75	0.65	-0.41	0.81
Total Stockholder Equity	0.72	0.98	-0.73	0.8		0.31	0.99	0.98	0.76	0.8	0.68	-0.78	-0.01	0.35	0.82	0.27	-0.63	0.33	0.71	0.63	-0.63	-0.4	0.76	0.6	-0.5	0.74
Property Plant And Equipment Net	0.16	0.4	-0.43	0.44	0.31		0.39	0.22	0.4	0.38	0.13	-0.15	-0.46	-0.27	0.46	0.5	0.09	0.29	0.15	0.71	-0.05	-0.64	0.25	0.44	-0.61	0.41
Net Debt	0.69	1.0	-0.76	0.82	0.99	0.39		0.97	0.78	0.83	0.66	-0.77	-0.06	0.35	0.84	0.34	-0.59	0.42	0.68	0.72	-0.6	-0.5	0.74	0.57	-0.56	0.73
Retained Earnings	0.7	0.97	-0.63	0.71	0.98	0.22	0.97		0.69	0.83	0.65	-0.74	0.05	0.34	0.77	0.16	-0.66	0.31	0.69	0.63	-0.64	-0.38	0.73	0.49	-0.47	0.67
Accounts Payable	0.86	0.76	-0.88	0.96	0.76	0.4	0.78	0.69		0.46	0.87	-0.79	0.02	0.59	0.93	0.58	-0.63	0.4	0.85	0.49	-0.74	-0.31	0.86	0.61	-0.35	0.81
Cash	0.5	0.86	-0.39	0.48	0.8	0.38	0.83	0.83	0.46		0.41	-0.5	0.04	0.11	0.63	-0.02	-0.34	0.47	0.49	0.81	-0.28	-0.59	0.56	0.3	-0.56	0.44
Non Current Assets Total	0.92	0.64	-0.73	0.79	0.68	0.13	0.66	0.65	0.87	0.41		-0.91	0.43	0.55	0.81	0.34	-0.85	0.05	0.92	0.2	-0.86	0.03	0.83	0.53	0.03	0.79
Non Currrent Assets Other	-0.79	-0.75	0.82	-0.8	-0.78	-0.15	-0.77	-0.74	-0.79	-0.5	-0.91		-0.32	-0.5	-0.73	-0.39	0.87	-0.08	-0.78	-0.29	0.84	0.04	-0.7	-0.56	0.03	-0.78
Cash And Short Term Investments	0.33	-0.06	0.15	-0.11	-0.01	-0.46	-0.06	0.05	0.02	0.04	0.43	-0.32		0.33	-0.04	-0.5	-0.48	-0.39	0.34	-0.34	-0.24	0.61	0.15	-0.13	0.78	-0.01
Net Receivables	0.49	0.33	-0.51	0.56	0.35	-0.27	0.35	0.34	0.59	0.11	0.55	-0.5	0.33		0.37	0.1	-0.45	0.46	0.49	0.06	-0.38	0.14	0.42	0.08	0.14	0.19
Common Stock Shares Outstanding	0.89	0.83	-0.78	0.88	0.82	0.46	0.84	0.77	0.93	0.63	0.81	-0.73	-0.04	0.37		0.45	-0.56	0.36	0.88	0.57	-0.67	-0.39	0.92	0.68	-0.5	0.88
Non Current Liabilities Total	0.21	0.31	-0.74	0.68	0.27	0.5	0.34	0.16	0.58	-0.02	0.34	-0.39	-0.5	0.1	0.45		-0.19	0.26	0.19	0.27	-0.39	-0.46	0.22	0.43	-0.39	0.53
Other Current Assets	-0.74	-0.57	0.6	-0.6	-0.63	0.09	-0.59	-0.66	-0.63	-0.34	-0.85	0.87	-0.48	-0.45	-0.56	-0.19		0.15	-0.75	-0.08	0.94	-0.22	-0.63	-0.3	-0.18	-0.63
Other Stockholder Equity	0.13	0.43	-0.4	0.45	0.33	0.29	0.42	0.31	0.4	0.47	0.05	-0.08	-0.39	0.46	0.36	0.26	0.15		0.12	0.71	0.09	-0.67	0.23	-0.06	-0.63	0.0
Total Liab	1.0	0.67	-0.64	0.74	0.71	0.15	0.68	0.69	0.85	0.49	0.92	-0.78	0.34	0.49	0.88	0.19	-0.75	0.12		0.26	-0.8	-0.01	0.97	0.51	-0.12	0.76
Property Plant And Equipment Gross	0.28	0.74	-0.48	0.53	0.63	0.71	0.72	0.63	0.49	0.81	0.2	-0.29	-0.34	0.06	0.57	0.27	-0.08	0.71	0.26		-0.13	-0.83	0.39	0.25	-0.78	0.33
Total Current Assets	-0.8	-0.58	0.69	-0.7	-0.63	-0.05	-0.6	-0.64	-0.74	-0.28	-0.86	0.84	-0.24	-0.38	-0.67	-0.39	0.94	0.09	-0.8	-0.13		-0.1	-0.72	-0.4	0.01	-0.74
Short Term Debt	-0.03	-0.52	0.32	-0.37	-0.4	-0.64	-0.5	-0.38	-0.31	-0.59	0.03	0.04	0.61	0.14	-0.39	-0.46	-0.22	-0.67	-0.01	-0.83	-0.1		-0.16	-0.18	0.86	-0.19
Other Assets	0.98	0.73	-0.64	0.75	0.76	0.25	0.74	0.73	0.86	0.56	0.83	-0.7	0.15	0.42	0.92	0.22	-0.63	0.23	0.97	0.39	-0.72	-0.16		0.55	-0.32	0.76
Good Will	0.52	0.56	-0.62	0.65	0.6	0.44	0.57	0.49	0.61	0.3	0.53	-0.56	-0.13	0.08	0.68	0.43	-0.3	-0.06	0.51	0.25	-0.4	-0.18	0.55		-0.31	0.87
Short Term Investments	-0.13	-0.57	0.36	-0.41	-0.5	-0.61	-0.56	-0.47	-0.35	-0.56	0.03	0.03	0.78	0.14	-0.5	-0.39	-0.18	-0.63	-0.12	-0.78	0.01	0.86	-0.32	-0.31		-0.31
Intangible Assets	0.77	0.71	-0.78	0.81	0.74	0.41	0.73	0.67	0.81	0.44	0.79	-0.78	-0.01	0.19	0.88	0.53	-0.63	0.0	0.76	0.33	-0.74	-0.19	0.76	0.87	-0.31

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Laurentian Bank Account Relationship Matchups

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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Laurentian Tax Provision vs Operating Income Analysis

Tax Provision vs Operating Income

Tax Provision vs Operating Income Correlation Analysis

Correlation Coefficient

Tax Provision

Operating Income

Laurentian Bank fundamental ratios Correlations

Laurentian Bank Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Laurentian Bank fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Laurentian Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Net Debt	+ 0.99	Total Stockholder Equity
Other Assets	+ 0.98	Total Assets
Total Stockholder Equity	+ 0.98	Short Long Term Debt Total
Retained Earnings	+ 0.98	Total Stockholder Equity

Total Current Liabilities	- 0.96	Other Current Liab
Non Currrent Assets Other	- 0.91	Non Current Assets Total
Accounts Payable	- 0.88	Other Current Liab
Total Current Assets	- 0.86	Non Current Assets Total
Other Current Assets	- 0.85	Non Current Assets Total
Short Term Debt	- 0.83	Property Plant And Equipment Gross