Life Financial Statements From 2010 to 2024

LBS Stock  CAD 9.66  0.01  0.10%   
Life Banc financial statements provide useful quarterly and yearly information to potential Life Banc Split investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Life Banc financial statements helps investors assess Life Banc's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Life Banc's valuation are summarized below:
Gross Profit
-40.2 M
Profit Margin
0.3196
Market Capitalization
927.4 M
Enterprise Value Revenue
15.9914
Revenue
62.6 M
We have found one hundred twenty available fundamental ratios for Life Banc, which can be analyzed and compared to other ratios and to its peers in the industry. Self-guided Investors are advised to check Life Banc's last-minute fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 27th of November 2024, Market Cap is likely to grow to about 322.9 M. Also, Enterprise Value is likely to grow to about 748.4 M

Life Banc Total Revenue

96.79 Million

Check Life Banc financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Life Banc's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Selling General Administrative of 915.5 K or Selling And Marketing Expenses of 29 K, as well as many indicators such as Price To Sales Ratio of 3.17, Dividend Yield of 0.1 or PTB Ratio of 0.82. Life financial statements analysis is a perfect complement when working with Life Banc Valuation or Volatility modules.
  
This module can also supplement various Life Banc Technical models . Check out the analysis of Life Banc Correlation against competitors.

Life Banc Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets404 M730.3 M413.4 M
Slightly volatile
Total Stockholder Equity179.7 M309.7 M183.3 M
Slightly volatile
Net Receivables1.3 M1.8 M1.3 M
Pretty Stable
Common Stock Shares Outstanding21.3 M39 M21.8 M
Slightly volatile
Liabilities And Stockholders Equity404 M730.3 M413.4 M
Slightly volatile
Other Stockholder Equity374 M356.2 M198.2 M
Slightly volatile
Total Liabilities441.6 M420.6 M188.6 M
Slightly volatile
Total Current Assets766.9 M730.4 M116 M
Slightly volatile
Cash And Short Term Investments764.8 M728.4 M125 M
Slightly volatile
Short Term Investments422.2 M725.5 M406 M
Slightly volatile
Short Term Debt262.6 M408.2 M234.9 M
Slightly volatile
Accounts Payable6.5 M11.3 M5.7 M
Slightly volatile
Total Current Liabilities453.2 M431.6 M63.7 M
Slightly volatile
Cash2.4 M2.9 M2.1 M
Slightly volatile
Common Stock Total Equity194.5 M211.9 M183.8 M
Slightly volatile
Non Current Liabilities TotalM12.4 MM
Slightly volatile
Common Stock223.7 M309.7 M200.2 M
Slightly volatile
Short and Long Term Debt Total275.1 M408.2 M232.1 M
Slightly volatile
Net Tangible Assets217.2 M284.4 M190.6 M
Slightly volatile
Long Term Debt233.3 M313.9 M216.4 M
Slightly volatile
Short and Long Term Debt220 M297.7 M210.7 M
Slightly volatile
Long Term Investments563.4 M725.5 M456.6 M
Slightly volatile

Life Banc Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative915.5 K473.3 K873.6 K
Slightly volatile
Selling And Marketing Expenses29 K35.5 K29.9 K
Slightly volatile
Other Operating Expenses12.5 M6.5 M6.6 M
Slightly volatile
Research Development1.911.363.072
Slightly volatile

Life Banc Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
End Period Cash Flow2.1 M2.9 M2.3 M
Pretty Stable
Begin Period Cash FlowMM2.1 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Dividend Yield0.10.15150.1225
Very volatile
PTB Ratio0.820.9931.0096
Very volatile
Book Value Per Share8.247.935210.6969
Pretty Stable
Average Payables10.3 M9.8 M6.3 M
Slightly volatile
PB Ratio0.820.9931.0096
Very volatile
Payables Turnover0.570.580.5686
Slightly volatile
Cash Per Share13.8818.663516.9862
Pretty Stable
Days Payables Outstanding572652643
Slightly volatile
Current Ratio1.781.69210.867
Very volatile
Tangible Book Value Per Share8.247.935210.6969
Pretty Stable
Graham Number24.0216.293821.4565
Pretty Stable
Shareholders Equity Per Share9.57.93528.778
Pretty Stable
Debt To Equity1.441.521.3887
Pretty Stable
Average ReceivablesM1.5 M1.3 M
Slightly volatile
Interest Debt Per Share4.899.416.4986
Pretty Stable
Debt To Assets0.610.640.5728
Slightly volatile
Price Book Value Ratio0.820.9931.0096
Very volatile
Days Of Payables Outstanding572652643
Slightly volatile
Pretax Profit Margin1.110.88141.0161
Very volatile
Ebt Per Ebit1.081.070.9912
Very volatile
Effective Tax Rate0.851.251.0219
Pretty Stable
Company Equity Multiplier1.882.3582.2857
Very volatile
Long Term Debt To Capitalization0.420.470.5087
Slightly volatile
Total Debt To Capitalization0.620.650.5811
Slightly volatile
Debt Equity Ratio1.441.521.3887
Pretty Stable
Quick Ratio1.781.69210.868
Very volatile
Net Income Per E B T0.570.640.6997
Slightly volatile
Cash Ratio0.00650.00680.324
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.80.90.98
Slightly volatile
Price To Book Ratio0.820.9931.0096
Very volatile
Debt Ratio0.610.640.5728
Slightly volatile
Gross Profit Margin0.850.990.9812
Pretty Stable
Price Fair Value0.820.9931.0096
Very volatile

Life Banc Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap322.9 M307.5 M195.4 M
Slightly volatile
Enterprise Value748.4 M712.8 M408.1 M
Slightly volatile

Life Fundamental Market Drivers

Cash And Short Term Investments728.4 M

About Life Banc Financial Statements

Life Banc investors utilize fundamental indicators, such as revenue or net income, to predict how Life Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue-396.9 M-416.7 M
Total Revenue92.2 M96.8 M
Cost Of Revenue4.6 M3.6 M
Revenue Per Share 2.36  1.20 
Ebit Per Revenue 0.95  1.26 

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

  0.77RY-PS Royal Bank Earnings Call This WeekPairCorr
  0.85RY Royal Bank Earnings Call This WeekPairCorr
  0.77RY-PM Royal Bank Earnings Call This WeekPairCorr
  0.8TD-PFI Toronto Dominion Bank Earnings Call Next WeekPairCorr

Moving against Life Stock

  0.35TD Toronto Dominion Bank Earnings Call Next WeekPairCorr
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 CorrelationCorrelation Matching

Other Information on Investing in Life Stock

Life Banc financial ratios help investors to determine whether Life Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Life with respect to the benefits of owning Life Banc security.