Laurentian Cash vs Cash And Short Term Investments Analysis

LB Stock

CAD 27.95 0.68 2.49%

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 Cash and its Cash And 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 closely tied with the direction of predictive economic indicators such as signals in estimate.

Cash vs Cash And Short Term Investments

Cash vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Laurentian Bank Cash account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Laurentian Bank's Cash and Cash And Short Term Investments is -0.1. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Cash And 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 Cash and Cash 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 Cash of Laurentian Bank are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Cash i.e., Laurentian Bank's Cash and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.1

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Laurentian Bank balance sheet. This account contains Laurentian Bank investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Laurentian Bank fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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 closely tied 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 19th of September 2024, Enterprise Value Over EBITDA is likely to grow to 52.08, while Selling General Administrative is likely to drop about 299 M.

	2021	2022	2023	2024 (projected)
Interest Expense	741.0M	1.5B	1.8B	1.8B
Depreciation And Amortization	52.5M	60.0M	69.0M	45.0M

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		0.76	-0.68	0.79	0.72	0.16	0.69	0.7	0.86	0.5	0.91	0.16	0.18	0.49	0.89	0.35	-0.32	0.12	1.0	0.28	-0.76	0.79	0.97	0.52	-0.13	0.77
Short Long Term Debt Total	0.76		-0.8	0.79	0.96	0.22	0.93	0.94	0.73	0.73	0.67	0.41	-0.06	0.4	0.78	0.66	-0.04	0.31	0.76	0.52	-0.72	0.61	0.82	0.53	-0.41	0.67
Other Current Liab	-0.68	-0.8		-0.94	-0.84	-0.44	-0.86	-0.76	-0.9	-0.53	-0.73	-0.52	0.22	-0.52	-0.82	-0.72	0.02	-0.31	-0.66	-0.59	0.72	-0.44	-0.7	-0.62	0.46	-0.77
Total Current Liabilities	0.79	0.79	-0.94		0.83	0.44	0.86	0.77	0.98	0.54	0.79	0.52	-0.21	0.57	0.92	0.73	0.0	0.37	0.78	0.59	-0.69	0.51	0.82	0.63	-0.47	0.79
Total Stockholder Equity	0.72	0.96	-0.84	0.83		0.31	0.99	0.98	0.76	0.8	0.68	0.52	-0.14	0.35	0.82	0.76	0.03	0.35	0.71	0.63	-0.74	0.53	0.78	0.6	-0.5	0.74
Property Plant And Equipment Net	0.16	0.22	-0.44	0.44	0.31		0.39	0.22	0.4	0.38	0.12	0.63	-0.5	-0.27	0.46	0.42	0.51	0.35	0.15	0.71	-0.05	-0.16	0.25	0.44	-0.61	0.41
Net Debt	0.69	0.93	-0.86	0.86	0.99	0.39		0.97	0.78	0.83	0.65	0.61	-0.19	0.35	0.83	0.81	0.11	0.43	0.68	0.72	-0.7	0.45	0.75	0.57	-0.57	0.72
Retained Earnings	0.7	0.94	-0.76	0.77	0.98	0.22	0.97		0.69	0.83	0.64	0.5	-0.09	0.34	0.77	0.75	0.0	0.36	0.69	0.63	-0.76	0.56	0.75	0.49	-0.47	0.67
Accounts Payable	0.86	0.73	-0.9	0.98	0.76	0.4	0.78	0.69		0.46	0.86	0.42	-0.11	0.59	0.93	0.62	-0.12	0.27	0.85	0.49	-0.72	0.58	0.86	0.61	-0.35	0.81
Cash	0.5	0.73	-0.53	0.54	0.8	0.38	0.83	0.83	0.46		0.4	0.63	-0.1	0.11	0.63	0.57	0.35	0.63	0.49	0.81	-0.4	0.26	0.58	0.3	-0.56	0.44
Non Current Assets Total	0.91	0.67	-0.73	0.79	0.68	0.12	0.65	0.64	0.86	0.4		0.06	0.34	0.55	0.8	0.34	-0.5	-0.06	0.91	0.19	-0.83	0.77	0.82	0.53	0.05	0.79
Non Currrent Assets Other	0.16	0.41	-0.52	0.52	0.52	0.63	0.61	0.5	0.42	0.63	0.06		-0.74	-0.11	0.51	0.78	0.73	0.71	0.15	0.85	-0.15	-0.31	0.32	0.25	-0.92	0.31
Cash And Short Term Investments	0.18	-0.06	0.22	-0.21	-0.14	-0.5	-0.19	-0.09	-0.11	-0.1	0.34	-0.74		0.26	-0.19	-0.51	-0.73	-0.5	0.2	-0.47	-0.15	0.5	-0.01	-0.17	0.88	-0.07
Net Receivables	0.49	0.4	-0.52	0.57	0.35	-0.27	0.35	0.34	0.59	0.11	0.55	-0.11	0.26		0.37	0.21	-0.31	0.25	0.49	0.06	-0.38	0.59	0.42	0.08	0.14	0.19
Common Stock Shares Outstanding	0.89	0.78	-0.82	0.92	0.82	0.46	0.83	0.77	0.93	0.63	0.8	0.51	-0.19	0.37		0.61	0.02	0.34	0.88	0.57	-0.67	0.53	0.93	0.69	-0.5	0.88
Non Current Liabilities Total	0.35	0.66	-0.72	0.73	0.76	0.42	0.81	0.75	0.62	0.57	0.34	0.78	-0.51	0.21	0.61		0.35	0.48	0.33	0.71	-0.47	0.07	0.45	0.4	-0.7	0.48
Other Current Assets	-0.32	-0.04	0.02	0.0	0.03	0.51	0.11	0.0	-0.12	0.35	-0.5	0.73	-0.73	-0.31	0.02	0.35		0.76	-0.34	0.61	0.53	-0.65	-0.14	-0.01	-0.76	-0.21
Other Stockholder Equity	0.12	0.31	-0.31	0.37	0.35	0.35	0.43	0.36	0.27	0.63	-0.06	0.71	-0.5	0.25	0.34	0.48	0.76		0.11	0.78	0.13	-0.13	0.26	-0.06	-0.71	-0.05
Total Liab	1.0	0.76	-0.66	0.78	0.71	0.15	0.68	0.69	0.85	0.49	0.91	0.15	0.2	0.49	0.88	0.33	-0.34	0.11		0.26	-0.77	0.8	0.97	0.51	-0.12	0.76
Property Plant And Equipment Gross	0.28	0.52	-0.59	0.59	0.63	0.71	0.72	0.63	0.49	0.81	0.19	0.85	-0.47	0.06	0.57	0.71	0.61	0.78	0.26		-0.22	0.0	0.4	0.25	-0.78	0.33
Total Current Assets	-0.76	-0.72	0.72	-0.69	-0.74	-0.05	-0.7	-0.76	-0.72	-0.4	-0.83	-0.15	-0.15	-0.38	-0.67	-0.47	0.53	0.13	-0.77	-0.22		-0.72	-0.71	-0.4	0.1	-0.72
Short Term Debt	0.79	0.61	-0.44	0.51	0.53	-0.16	0.45	0.56	0.58	0.26	0.77	-0.31	0.5	0.59	0.53	0.07	-0.65	-0.13	0.8	0.0	-0.72		0.71	0.26	0.26	0.49
Other Assets	0.97	0.82	-0.7	0.82	0.78	0.25	0.75	0.75	0.86	0.58	0.82	0.32	-0.01	0.42	0.93	0.45	-0.14	0.26	0.97	0.4	-0.71	0.71		0.55	-0.33	0.77
Good Will	0.52	0.53	-0.62	0.63	0.6	0.44	0.57	0.49	0.61	0.3	0.53	0.25	-0.17	0.08	0.69	0.4	-0.01	-0.06	0.51	0.25	-0.4	0.26	0.55		-0.31	0.87
Short Term Investments	-0.13	-0.41	0.46	-0.47	-0.5	-0.61	-0.57	-0.47	-0.35	-0.56	0.05	-0.92	0.88	0.14	-0.5	-0.7	-0.76	-0.71	-0.12	-0.78	0.1	0.26	-0.33	-0.31		-0.31
Intangible Assets	0.77	0.67	-0.77	0.79	0.74	0.41	0.72	0.67	0.81	0.44	0.79	0.31	-0.07	0.19	0.88	0.48	-0.21	-0.05	0.76	0.33	-0.72	0.49	0.77	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	13.2B	14.0B	15.0B	15.2B	17.5B	18.4B
Other Current Liab	(1.1B)	(1.3B)	(946.6M)	(1.1B)	(973.5M)	(1.0B)
Total Current Liabilities	1.1B	1.3B	946.6M	1.1B	1.2B	892.5M
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	13.8B	15.9B	16.7B
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	6.5B	7.0B	6.7B	6.5B	7.5B	4.4B
Non Currrent Assets Other	(62.2M)	(58.5M)	(71.5M)	(119.1M)	(107.2M)	(112.5M)
Cash And Short Term Investments	1.1B	1.1B	2.2B	1.5B	1.7B	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	43.5M	50.0M	31.1M
Liabilities And Stockholders Equity	44.2B	45.1B	50.7B	49.9B	57.4B	31.1B
Non Current Liabilities Total	13.2B	14.1B	946.6M	15.3B	17.6B	18.5B
Other Current Assets	4.1B	4.1B	6.0B	5.8B	5.2B	5.4B
Other Stockholder Equity	2.5M	127.3M	127.1M	129.5M	116.6M	77.6M
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	1.6B	2.5B	1.8B	1.6B	1.5B
Short Term Debt	3.8B	4.3B	4.3B	4.7B	5.5B	3.6B
Other Assets	36.4B	36.5B	41.6B	41.6B	47.9B	27.8B
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	1.2B	1.2B	1.2B	1.2B	1.4B	729.2M
Accumulated Other Comprehensive Income	52.2M	23.5M	42.0M	22.9M	26.3M	22.8M
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	(4.1B)	(4.1B)	(6.0B)	(5.8B)	(5.2B)	(4.9B)
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
Current Deferred Revenue	(2.7B)	(2.9B)	(3.4B)	(3.7B)	(3.3B)	(3.5B)

Pair Trading with Laurentian Bank

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Laurentian Bank position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Laurentian Bank will appreciate offsetting losses from the drop in the long position's value.

Moving against Laurentian Stock

0.42

NZP

Chatham Rock Phosphate

Pair Corr

The ability to find closely correlated positions to Laurentian Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Laurentian Bank when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Laurentian Bank - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Laurentian Bank to buy it.

The correlation of Laurentian Bank is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Laurentian Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Laurentian Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Laurentian Bank can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Laurentian Stock

Balance Sheet is a snapshot of the financial position of Laurentian Bank at a specified time, usually calculated after every quarter, six months, or one year. Laurentian Bank Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Laurentian Bank and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Laurentian currently owns. An asset can also be divided into two categories, current and non-current.

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Laurentian Cash vs Cash And Short Term Investments Analysis

Cash vs Cash And Short Term Investments

Cash vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Cash

Cash And Short Term Investments

Laurentian Bank fundamental ratios Correlations

Laurentian Bank Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Laurentian Bank fundamental ratios Accounts

Pair Trading with Laurentian Bank

Moving against Laurentian Stock

Other Information on Investing in Laurentian Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Net Debt	+ 0.99	Total Stockholder Equity
Accounts Payable	+ 0.98	Total Current Liabilities
Retained Earnings	+ 0.98	Total Stockholder Equity
Other Assets	+ 0.97	Total Assets
Retained Earnings	+ 0.97	Net Debt

Total Current Liabilities	- 0.94	Other Current Liab
Short Term Investments	- 0.92	Non Currrent Assets Other
Accounts Payable	- 0.9	Other Current Liab
Net Debt	- 0.86	Other Current Liab
Total Stockholder Equity	- 0.84	Other Current Liab
Total Current Assets	- 0.83	Non Current Assets Total