Laurentian Property Plant And Equipment Gross vs Intangible Assets Analysis

LB Stock  CAD 25.47  0.12  0.47%   
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 Property Plant And Equipment Gross and its Intangible Assets 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.

Property Plant And Equipment Gross vs Intangible Assets

Property Plant And Equipment Gross vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Laurentian Bank Property Plant And Equipment Gross account and Intangible Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Laurentian Bank's Property Plant And Equipment Gross and Intangible Assets is 0.33. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Intangible Assets 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 Property Plant And Equipment Gross and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Laurentian Bank are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Property Plant And Equipment Gross i.e., Laurentian Bank's Property Plant And Equipment Gross and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Property Plant And Equipment Gross

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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 15th of June 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
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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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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.