Laurentian Retained Earnings vs Cash And Short Term Investments 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 Retained Earnings 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.

Retained Earnings vs Cash And Short Term Investments

Retained Earnings 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 Retained Earnings account and Cash And Short Term Investments. At this time, the significance of the direction appears to have no relationship.

The correlation between Laurentian Bank's Retained Earnings and Cash And Short Term Investments is 0.05. Overlapping area represents the amount of variation of Retained Earnings 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 Retained Earnings 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 Retained Earnings 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 Retained Earnings i.e., Laurentian Bank's Retained Earnings and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.05

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 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 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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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 Retained Earnings vs Cash And Short Term Investments Analysis

Retained Earnings vs Cash And Short Term Investments

Retained Earnings vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Retained Earnings

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

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

Other Information on Investing in Laurentian Stock

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