Laurentian Bank Stock Return On Asset

LB Stock  CAD 24.99  0.14  0.56%   
Laurentian Bank fundamentals help investors to digest information that contributes to Laurentian Bank's financial success or failures. It also enables traders to predict the movement of Laurentian Stock. The fundamental analysis module provides a way to measure Laurentian Bank's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Laurentian Bank stock.
As of the 9th of June 2024, Return On Assets is likely to grow to 0.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Laurentian Bank Company Return On Asset Analysis

Laurentian Bank's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Laurentian Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Laurentian Bank is extremely important. It helps to project a fair market value of Laurentian Stock properly, considering its historical fundamentals such as Return On Asset. Since Laurentian Bank's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Laurentian Bank's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Laurentian Bank's interrelated accounts and indicators.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Laurentian Total Assets

Total Assets

31.11 Billion

At this time, Laurentian Bank's Total Assets are very stable compared to the past year.
Based on the latest financial disclosure, Laurentian Bank has a Return On Asset of 0.0. This is 100.0% lower than that of the Banks sector and about the same as Financials (which currently averages 0.0) industry. The return on asset for all Canada stocks is 100.0% lower than that of the firm.

Laurentian Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Laurentian Bank's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Laurentian Bank could also be used in its relative valuation, which is a method of valuing Laurentian Bank by comparing valuation metrics of similar companies.
Laurentian Bank is currently under evaluation in return on asset category among its peers.

Laurentian Fundamentals

About Laurentian Bank Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Laurentian Bank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Laurentian Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Laurentian Bank based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Laurentian Stock

Laurentian Bank financial ratios help investors to determine whether Laurentian Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Laurentian with respect to the benefits of owning Laurentian Bank security.