Life Net Income vs Operating Income Analysis

LBS Stock

CAD 9.52 0.09 0.94%

Life Banc financial indicator trend analysis is infinitely more than just investigating Life Banc Split recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Life Banc Split is a good investment. Please check the relationship between Life Banc Net Income and its Operating Income accounts. 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.

Net Income vs Operating Income

Net Income vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Life Banc Split Net Income account and Operating Income. At this time, the significance of the direction appears to have totally related.

The correlation between Life Banc's Net Income and Operating Income is 0.99. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Operating Income in the same time period over historical financial statements of Life Banc Split, assuming nothing else is changed. The correlation between historical values of Life Banc's Net Income and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Life Banc Split are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Net Income i.e., Life Banc's Net Income and Operating Income go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Life Banc Split financial statement analysis. It represents the amount of money remaining after all of Life Banc Split operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Operating Income

Operating Income is the amount of profit realized from Life Banc Split operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Life Banc Split is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Life Banc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Selling General Administrative is very stable compared to the past year. As of the 11th of December 2024, Issuance Of Capital Stock is likely to grow to about 257.3 M, while Sales General And Administrative To Revenue is likely to drop 0.

Life Banc fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Cash And Short Term Investments	Short Term Investments	Short Term Debt	Other Current Liab	Accounts Payable	Total Current Liabilities	Net Debt	Cash	Common Stock Total Equity	Non Current Liabilities Total	Common Stock	Short Long Term Debt Total	Other Current Assets	Net Tangible Assets	Long Term Debt
Total Assets		0.94	0.23	0.22	-0.89	0.46	0.25	0.95	0.83	0.29	0.34	0.31	0.96	0.92	-0.64	0.9	0.42	0.91	0.47	0.74	0.91	0.85	0.95	0.64	0.9	0.92
Total Stockholder Equity	0.94		0.44	0.25	-0.84	0.43	0.17	0.79	0.8	0.19	0.26	0.27	0.84	0.76	-0.54	0.8	0.36	0.79	0.48	0.65	0.82	0.86	0.81	0.57	0.91	0.77
Retained Earnings	0.23	0.44		0.11	-0.23	0.18	-0.26	0.06	0.36	0.03	-0.04	0.08	-0.02	0.01	-0.08	0.05	0.07	0.12	0.03	0.12	0.09	0.06	0.09	0.1	0.07	0.09
Non Current Assets Total	0.22	0.25	0.11		0.03	-0.68	-0.02	0.19	0.09	-0.53	-0.79	-0.8	0.18	0.06	0.22	0.1	-0.74	0.2	0.16	-0.33	0.0	0.04	0.07	0.27	0.17	0.22
Non Currrent Assets Other	-0.89	-0.84	-0.23	0.03		-0.73	-0.22	-0.85	-0.92	-0.49	-0.61	-0.58	-0.87	-0.87	0.77	-0.84	-0.69	-0.87	-0.45	-0.79	-0.86	-0.82	-0.92	-0.65	-0.87	-0.86
Other Assets	0.46	0.43	0.18	-0.68	-0.73		0.2	0.44	0.6	0.71	0.93	0.92	0.48	0.52	-0.69	0.52	0.98	0.48	0.19	0.79	0.58	0.51	0.57	0.31	0.47	0.43
Net Receivables	0.25	0.17	-0.26	-0.02	-0.22	0.2		0.31	0.1	0.12	0.11	0.08	0.38	0.28	-0.24	0.3	0.16	0.1	0.21	0.04	0.28	0.35	0.31	0.01	0.34	0.28
Common Stock Shares Outstanding	0.95	0.79	0.06	0.19	-0.85	0.44	0.31		0.78	0.3	0.35	0.3	0.95	0.96	-0.71	0.86	0.41	0.92	0.36	0.72	0.86	0.74	0.98	0.66	0.8	0.96
Other Stockholder Equity	0.83	0.8	0.36	0.09	-0.92	0.6	0.1	0.78		0.29	0.46	0.45	0.77	0.78	-0.73	0.76	0.55	0.81	0.41	0.67	0.77	0.67	0.83	0.75	0.77	0.84
Total Liab	0.29	0.19	0.03	-0.53	-0.49	0.71	0.12	0.3	0.29		0.7	0.68	0.32	0.4	-0.2	0.42	0.72	0.35	0.3	0.57	0.46	0.27	0.42	0.22	0.24	0.22
Total Current Assets	0.34	0.26	-0.04	-0.79	-0.61	0.93	0.11	0.35	0.46	0.7		0.99	0.36	0.49	-0.63	0.4	0.98	0.33	0.16	0.67	0.5	0.47	0.49	0.15	0.4	0.33
Cash And Short Term Investments	0.31	0.27	0.08	-0.8	-0.58	0.92	0.08	0.3	0.45	0.68	0.99		0.29	0.45	-0.6	0.34	0.97	0.26	0.14	0.62	0.46	0.45	0.45	0.08	0.37	0.29
Short Term Investments	0.96	0.84	-0.02	0.18	-0.87	0.48	0.38	0.95	0.77	0.32	0.36	0.29		0.92	-0.65	0.92	0.44	0.93	0.46	0.76	0.9	0.84	0.94	0.68	0.89	0.91
Short Term Debt	0.92	0.76	0.01	0.06	-0.87	0.52	0.28	0.96	0.78	0.4	0.49	0.45	0.92		-0.7	0.85	0.52	0.85	0.43	0.7	0.89	0.8	0.99	0.56	0.83	0.93
Other Current Liab	-0.64	-0.54	-0.08	0.22	0.77	-0.69	-0.24	-0.71	-0.73	-0.2	-0.63	-0.6	-0.65	-0.7		-0.6	-0.68	-0.66	-0.17	-0.67	-0.63	-0.57	-0.73	-0.48	-0.6	-0.79
Accounts Payable	0.9	0.8	0.05	0.1	-0.84	0.52	0.3	0.86	0.76	0.42	0.4	0.34	0.92	0.85	-0.6		0.48	0.88	0.71	0.78	0.98	0.76	0.89	0.68	0.82	0.87
Total Current Liabilities	0.42	0.36	0.07	-0.74	-0.69	0.98	0.16	0.41	0.55	0.72	0.98	0.97	0.44	0.52	-0.68	0.48		0.43	0.18	0.75	0.56	0.51	0.55	0.24	0.45	0.4
Net Debt	0.91	0.79	0.12	0.2	-0.87	0.48	0.1	0.92	0.81	0.35	0.33	0.26	0.93	0.85	-0.66	0.88	0.43		0.37	0.83	0.84	0.66	0.9	0.81	0.76	0.9
Cash	0.47	0.48	0.03	0.16	-0.45	0.19	0.21	0.36	0.41	0.3	0.16	0.14	0.46	0.43	-0.17	0.71	0.18	0.37		0.25	0.71	0.5	0.43	0.29	0.54	0.45
Common Stock Total Equity	0.74	0.65	0.12	-0.33	-0.79	0.79	0.04	0.72	0.67	0.57	0.67	0.62	0.76	0.7	-0.67	0.78	0.75	0.83	0.25		0.78	0.6	0.75	0.64	0.61	0.67
Non Current Liabilities Total	0.91	0.82	0.09	0.0	-0.86	0.58	0.28	0.86	0.77	0.46	0.5	0.46	0.9	0.89	-0.63	0.98	0.56	0.84	0.71	0.78		0.81	0.9	0.6	0.84	0.87
Common Stock	0.85	0.86	0.06	0.04	-0.82	0.51	0.35	0.74	0.67	0.27	0.47	0.45	0.84	0.8	-0.57	0.76	0.51	0.66	0.5	0.6	0.81		0.8	0.32	0.97	0.7
Short Long Term Debt Total	0.95	0.81	0.09	0.07	-0.92	0.57	0.31	0.98	0.83	0.42	0.49	0.45	0.94	0.99	-0.73	0.89	0.55	0.9	0.43	0.75	0.9	0.8		0.62	0.84	0.95
Other Current Assets	0.64	0.57	0.1	0.27	-0.65	0.31	0.01	0.66	0.75	0.22	0.15	0.08	0.68	0.56	-0.48	0.68	0.24	0.81	0.29	0.64	0.6	0.32	0.62		0.52	0.69
Net Tangible Assets	0.9	0.91	0.07	0.17	-0.87	0.47	0.34	0.8	0.77	0.24	0.4	0.37	0.89	0.83	-0.6	0.82	0.45	0.76	0.54	0.61	0.84	0.97	0.84	0.52		0.79
Long Term Debt	0.92	0.77	0.09	0.22	-0.86	0.43	0.28	0.96	0.84	0.22	0.33	0.29	0.91	0.93	-0.79	0.87	0.4	0.9	0.45	0.67	0.87	0.7	0.95	0.69	0.79

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Life Banc Account Relationship Matchups

Life Banc fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	496.9M	448.8M	606.5M	608.2M	730.3M	404.0M
Total Stockholder Equity	217.0M	174.1M	301.0M	247.3M	309.7M	179.7M
Non Current Assets Total	493.7M	445.7M	602.1M	603.7M	(72.2K)	(68.6K)
Non Currrent Assets Other	(493.7M)	(445.7M)	(602.1M)	(603.7M)	(725.5M)	(689.2M)
Other Assets	39.9K	54.9K	24.6K	28.9K	730.3M	766.8M
Net Receivables	1.2M	1.1M	1.9M	1.5M	1.8M	1.3M
Liabilities And Stockholders Equity	496.9M	448.8M	606.5M	608.2M	730.3M	404.0M
Other Stockholder Equity	223.2M	153.1M	301.0M	309.7M	356.2M	374.0M
Total Liab	6.8M	6.5M	7.1M	360.9M	420.6M	441.6M
Total Current Assets	3.1M	3.1M	4.4M	4.5M	730.4M	766.9M
Cash And Short Term Investments	2.0M	2.0M	2.4M	3.0M	728.4M	764.8M
Short Term Investments	493.7M	445.7M	602.1M	603.7M	725.5M	422.2M
Short Term Debt	273.0M	268.2M	298.2M	352.0M	408.2M	262.6M
Other Current Liab	(279.8M)	(274.7M)	(305.3M)	(8.3M)	(419.5M)	(398.5M)
Accounts Payable	6.8M	6.5M	7.1M	8.3M	11.3M	6.5M
Total Current Liabilities	6.8M	6.5M	7.1M	8.3M	431.6M	453.2M
Net Debt	271.0M	266.2M	295.7M	349.0M	405.3M	249.8M
Cash	2.0M	2.0M	2.4M	3.0M	2.9M	2.4M
Non Current Liabilities Total	6.9M	6.5M	7.4M	8.3M	12.4M	7.0M
Common Stock	217.0M	174.1M	301.0M	247.3M	309.7M	223.7M
Short Long Term Debt Total	273.0M	268.2M	298.2M	352.0M	408.2M	275.1M
Other Current Assets	79.8K	109.9K	49.2K	57.9K	144.3K	151.5K
Net Tangible Assets	217.0M	174.1M	301.0M	247.3M	284.4M	217.2M
Long Term Investments	493.7M	445.7M	602.1M	603.7M	725.5M	563.4M
Current Deferred Revenue	(266.1M)	(261.7M)	(291.0M)	(343.7M)	(396.9M)	(416.7M)

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

0.82

BIP-PB

Brookfield Infrastructure

Pair Corr

Moving against Life Stock

0.95	VCM	Vecima Networks	Pair Corr
0.44	MOX	Morien Resources Corp	Pair Corr

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.

Pair Correlation Correlation Matching

Other Information on Investing in Life Stock

Balance Sheet is a snapshot of the financial position of Life Banc Split at a specified time, usually calculated after every quarter, six months, or one year. Life Banc Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Life Banc 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 Life currently owns. An asset can also be divided into two categories, current and non-current.

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Life Net Income vs Operating Income Analysis

Net Income vs Operating Income

Net Income vs Operating Income Correlation Analysis

Correlation Coefficient

Net Income

Operating Income

Life Banc fundamental ratios Correlations

Life Banc Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Life Banc fundamental ratios Accounts

Pair Trading with Life Banc

Moving together with Life Stock

Moving against Life Stock

Other Information on Investing in Life Stock

COMMON DESTINATIONS

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COMPANY

Cash And Short Term Investments	+ 0.99	Total Current Assets
Short Long Term Debt Total	+ 0.99	Short Term Debt
Total Current Liabilities	+ 0.98	Other Assets
Short Long Term Debt Total	+ 0.98	Common Stock Shares Outstanding
Total Current Liabilities	+ 0.98	Total Current Assets
Non Current Liabilities Total	+ 0.98	Accounts Payable

Short Long Term Debt Total	- 0.92	Non Currrent Assets Other
Other Stockholder Equity	- 0.92	Non Currrent Assets Other
Non Currrent Assets Other	- 0.89	Total Assets
Net Tangible Assets	- 0.87	Non Currrent Assets Other
Net Debt	- 0.87	Non Currrent Assets Other
Short Term Debt	- 0.87	Non Currrent Assets Other