LB Stock | | | CAD 27.75 0.01 0.04% |
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 Property Plant And Equipment Net 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 Property Plant And Equipment Net
Cash vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Laurentian Bank Cash account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have very week relationship.
The correlation between Laurentian Bank's Cash and Property Plant And Equipment Net is 0.25. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant And Equipment Net 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 Property Plant And Equipment Net 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 Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Cash i.e., Laurentian Bank's Cash and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.25 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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.
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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.
As of the 27th of February 2025,
Selling General Administrative is likely to drop to about 304.5
M. In addition to that,
Tax Provision is likely to grow to about (14.3
M)
Laurentian Bank fundamental ratios Correlations
Click cells to compare fundamentals
Laurentian Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Laurentian Bank fundamental ratios Accounts
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.