Life Historical Income Statement
| LBS Stock | CAD 9.52 0.09 0.94% |
Historical analysis of Life Banc income statement accounts such as Total Revenue of 96.8 M can show how well Life Banc Split performed in making a profits. Evaluating Life Banc income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Life Banc's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Life Banc Split latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Life Banc Split is a good buy for the upcoming year.
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About Life Income Statement Analysis
Life Banc Split Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Life Banc shareholders. The income statement also shows Life investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Life Banc Income Statement Chart
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Gross Profit
Gross profit is a required income statement account that reflects total revenue of Life Banc Split minus its cost of goods sold. It is profit before Life Banc operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Life Banc Split. It is also known as Life Banc overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Life Banc's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Life Banc Split current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Life Banc Split. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Life Banc's EBITDA is very stable compared to the past year. As of the 11th of December 2024, Total Operating Expenses is likely to grow to about 6.8 M, while Interest Expense is likely to drop 0.00.
Life Banc income statement Correlations
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Life Banc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Life Banc income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Selling General Administrative | 1.2M | 345.4K | 444.9K | 469.4K | 473.3K | 915.5K | |
| Total Revenue | 101.8M | (13.7M) | 157.6M | (44.3M) | 92.2M | 96.8M | |
| Gross Profit | 101.8M | (13.7M) | 157.6M | (44.3M) | 92.2M | 96.8M | |
| Other Operating Expenses | 1.7M | 345.4K | 1.4M | 2.2M | 6.5M | 12.5M | |
| Operating Income | 100.1M | (14.1M) | 156.2M | (46.5M) | 87.4M | 91.8M | |
| Ebit | 100.1M | (14.1M) | 156.2M | (46.5M) | 87.4M | 91.8M | |
| Ebitda | 100.1M | (14.1M) | 156.2M | (46.5M) | 87.3M | 91.6M | |
| Total Operating Expenses | 1.7M | 345.4K | 1.4M | 2.2M | 6.5M | 6.8M | |
| Net Income | 100.1M | (14.1M) | 156.2M | (46.5M) | 58.0M | 60.9M | |
| Income Tax Expense | 85.5M | (28.9M) | 140.2M | (64.3M) | 58.0M | 60.9M | |
| Total Other Income Expense Net | (624.0) | (16.0) | (1.4K) | (19.7M) | (6.2M) | (6.5M) | |
| Depreciation And Amortization | (100.8M) | 14.0M | (157.3M) | 44.6M | (144.8K) | (152.0K) | |
| Income Before Tax | 100.1M | (14.1M) | 156.2M | (46.5M) | 81.2M | 41.2M | |
| Net Income From Continuing Ops | 100.1M | (14.1M) | 156.2M | (46.5M) | 81.2M | 85.3M | |
| Cost Of Revenue | 4.0M | 2.8M | 3.9M | 4.2M | 4.6M | 3.6M | |
| Net Income Applicable To Common Shares | 85.5M | (28.9M) | 140.2M | (64.3M) | (57.9M) | (55.0M) | |
| Net Interest Income | (624.0) | (16.0) | (1.4K) | 0.0 | 271.9K | 285.5K |
Pair Trading with Life Banc
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 Life Banc 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 Life Banc will appreciate offsetting losses from the drop in the long position's value.Moving together with Life Stock
Moving against Life Stock
The ability to find closely correlated positions to Life Banc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Life Banc 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 Life Banc - 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 Life Banc Split to buy it.
The correlation of Life Banc 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 Life Banc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Life Banc Split 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 Life Banc 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.Other Information on Investing in Life Stock
Life Banc Split Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Life Banc shareholders. The income statement also shows Life investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).