Laurentian Total Assets vs Total Cash From Operating Activities Analysis

LB Stock  CAD 28.83  0.18  0.63%   
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 Total Assets and its Total Cash From Operating Activities 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.

Total Assets vs Total Cash From Operating Activities

Total Assets vs Total Cash From Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Laurentian Bank Total Assets account and Total Cash From Operating Activities. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Laurentian Bank's Total Assets and Total Cash From Operating Activities is 0.12. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Cash From Operating Activities 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 Total Assets and Total Cash From Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Laurentian Bank are associated (or correlated) with its Total Cash From Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cash From Operating Activities has no effect on the direction of Total Assets i.e., Laurentian Bank's Total Assets and Total Cash From Operating Activities go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Assets

Total assets refers to the total amount of Laurentian Bank assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Laurentian Bank books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Cash From Operating Activities

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 22nd of December 2024, Tax Provision is likely to grow to about 28.1 M, while Selling General Administrative is likely to drop about 299 M.
 2021 2022 2023 2024 (projected)
Interest Expense741.0M1.5B1.8B1.8B
Depreciation And Amortization52.5M60.0M69.0M45.0M

Laurentian Bank fundamental ratios Correlations

0.760.20.250.720.160.690.70.860.50.290.240.180.490.890.31-0.32-0.221.00.28-0.770.790.130.52-0.130.77
0.760.540.60.960.220.930.940.730.730.620.59-0.060.40.780.65-0.04-0.220.760.52-0.730.61-0.160.53-0.410.67
0.20.541.00.60.070.610.690.210.640.990.99-0.220.140.30.930.33-0.30.20.56-0.280.18-0.910.08-0.470.1
0.250.61.00.660.10.670.740.280.671.00.99-0.230.180.360.950.33-0.290.250.59-0.320.21-0.880.13-0.490.16
0.720.960.60.660.310.990.980.760.80.690.66-0.140.350.820.740.03-0.20.710.63-0.760.53-0.250.6-0.50.74
0.160.220.070.10.310.390.220.40.380.090.17-0.5-0.270.460.260.510.230.150.71-0.05-0.160.00.44-0.610.41
0.690.930.610.670.990.390.970.780.830.690.68-0.190.350.830.770.11-0.120.680.72-0.720.45-0.280.57-0.570.72
0.70.940.690.740.980.220.970.70.830.760.73-0.090.340.770.790.0-0.240.690.63-0.780.56-0.350.49-0.470.67
0.860.730.210.280.760.40.780.70.460.310.29-0.110.590.930.45-0.12-0.040.850.49-0.720.580.070.61-0.360.81
0.50.730.640.670.80.380.830.830.460.680.69-0.10.110.630.660.350.10.490.81-0.420.26-0.390.3-0.560.44
0.290.620.991.00.690.090.690.760.310.680.99-0.190.20.380.950.29-0.320.280.58-0.360.25-0.860.15-0.470.19
0.240.590.990.990.660.170.680.730.290.690.99-0.310.130.370.960.41-0.230.230.65-0.30.14-0.880.13-0.570.16
0.18-0.06-0.22-0.23-0.14-0.5-0.19-0.09-0.11-0.1-0.19-0.310.26-0.19-0.38-0.73-0.380.2-0.47-0.140.50.23-0.170.88-0.07
0.490.40.140.180.35-0.270.350.340.590.110.20.130.260.370.19-0.310.120.490.06-0.380.59-0.010.080.140.19
0.890.780.30.360.820.460.830.770.930.630.380.37-0.190.370.490.02-0.040.880.57-0.680.530.020.69-0.50.88
0.310.650.930.950.740.260.770.790.450.660.950.96-0.380.190.490.37-0.250.30.68-0.410.15-0.790.26-0.620.31
-0.32-0.040.330.330.030.510.110.0-0.120.350.290.41-0.73-0.310.020.370.52-0.340.610.51-0.65-0.44-0.01-0.76-0.21
-0.22-0.22-0.3-0.29-0.20.23-0.12-0.24-0.040.1-0.32-0.23-0.380.12-0.04-0.250.52-0.230.340.37-0.390.24-0.24-0.36-0.25
1.00.760.20.250.710.150.680.690.850.490.280.230.20.490.880.3-0.34-0.230.26-0.770.80.130.51-0.120.76
0.280.520.560.590.630.710.720.630.490.810.580.65-0.470.060.570.680.610.340.26-0.240.0-0.420.25-0.780.33
-0.77-0.73-0.28-0.32-0.76-0.05-0.72-0.78-0.72-0.42-0.36-0.3-0.14-0.38-0.68-0.410.510.37-0.77-0.24-0.72-0.07-0.40.12-0.72
0.790.610.180.210.53-0.160.450.560.580.260.250.140.50.590.530.15-0.65-0.390.80.0-0.720.090.260.260.49
0.13-0.16-0.91-0.88-0.250.0-0.28-0.350.07-0.39-0.86-0.880.23-0.010.02-0.79-0.440.240.13-0.42-0.070.090.150.350.21
0.520.530.080.130.60.440.570.490.610.30.150.13-0.170.080.690.26-0.01-0.240.510.25-0.40.260.15-0.310.87
-0.13-0.41-0.47-0.49-0.5-0.61-0.57-0.47-0.36-0.56-0.47-0.570.880.14-0.5-0.62-0.76-0.36-0.12-0.780.120.260.35-0.31-0.31
0.770.670.10.160.740.410.720.670.810.440.190.16-0.070.190.880.31-0.21-0.250.760.33-0.720.490.210.87-0.31
Click cells to compare fundamentals

Laurentian Bank Account Relationship Matchups

Laurentian Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets44.2B45.1B50.7B49.9B57.4B31.1B
Short Long Term Debt Total13.2B14.0B15.0B15.2B17.5B18.4B
Other Current Liab(1.1B)(1.3B)(946.6M)11.7B13.4B14.1B
Total Current Liabilities1.1B1.3B946.6M12.8B14.7B15.4B
Total Stockholder Equity2.6B2.6B2.8B2.9B3.3B3.5B
Property Plant And Equipment Net209.2M106.3M134.4M119.7M107.7M88.2M
Net Debt12.3B13.2B13.0B13.8B15.9B16.7B
Retained Earnings1.2B1.2B1.3B1.4B1.6B1.7B
Accounts Payable1.1B1.3B946.6M1.1B1.2B717.5M
Cash870.2M849.1M2.1B1.4B1.6B1.7B
Non Current Assets Total6.5B7.0B6.7B49.7B57.2B60.0B
Non Currrent Assets Other(62.2M)(58.5M)(71.5M)43.2B49.7B52.2B
Cash And Short Term Investments1.1B1.1B2.2B1.5B1.7B1.5B
Net Receivables117.9M468.8M204.1M283.4M325.9M215.7M
Common Stock Shares Outstanding42.9M43.5M43.4M43.5M50.0M31.1M
Liabilities And Stockholders Equity44.2B45.1B50.7B49.9B57.4B31.1B
Non Current Liabilities Total13.2B14.1B946.6M34.1B39.2B41.2B
Other Current Assets4.1B4.1B6.0B5.8B5.2B5.4B
Other Stockholder Equity1.8M1.0127.3M127.1M0.90.86
Total Liab41.6B42.4B47.9B47.0B54.1B29.5B
Property Plant And Equipment Gross209.2M195.5M234.1M222.9M200.6M210.6M
Total Current Assets1.3B1.6B2.5B1.5B1.3B1.3B
Short Term Debt3.8B4.3B4.3B4.7B5.5B3.6B
Other Assets36.4B36.5B41.6B(1.3B)(1.5B)(1.4B)
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 Stock1.2B1.2B1.2B1.2B1.4B729.2M
Accumulated Other Comprehensive Income52.2M23.5M42.0M152.4M175.3M184.0M
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
Inventory(4.1B)(4.1B)(6.0B)(5.8B)(5.2B)(4.9B)
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
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 together with Laurentian Stock

  0.63FF First Mining GoldPairCorr

Moving against Laurentian Stock

  0.73WM Wallbridge MiningPairCorr
  0.6NRR-UN Northview ResidentialPairCorr
  0.47TIL Till CapitalPairCorr
  0.43QTWO Q2 Metals CorpPairCorr
  0.4WCM-A Wilmington CapitalPairCorr
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 CorrelationCorrelation 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.