Laurentian Total Assets vs Short Term Investments 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 Total Assets and its Short Term Investments 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.
Total Assets vs Short Term Investments
Total Assets vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Laurentian Bank Total Assets account and Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Laurentian Bank's Total Assets and Short Term Investments is -0.13. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Short Term Investments 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 Total Assets and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Laurentian Bank are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Assets i.e., Laurentian Bank's Total Assets and Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.13 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of Laurentian Bank assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Laurentian Bank books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Short Term Investments
Short Term Investments is an item under the current assets section of Laurentian Bank balance sheet. It contains any investments Laurentian Bank undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Laurentian Bank can easily liquidate in the marketplace.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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