Lassonde Historical Balance Sheet
LAS-A Stock | CAD 176.00 0.15 0.09% |
Trend analysis of Lassonde Industries balance sheet accounts such as Total Stockholder Equity of 968.7 M provides information on Lassonde Industries' total assets, liabilities, and equity, which is the actual value of Lassonde Industries to its prevalent stockholders. By breaking down trends over time using Lassonde Industries balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Lassonde Industries 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 Lassonde Industries is a good buy for the upcoming year.
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About Lassonde Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Lassonde Industries at a specified time, usually calculated after every quarter, six months, or one year. Lassonde Industries Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Lassonde Industries 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 Lassonde currently owns. An asset can also be divided into two categories, current and non-current.
Lassonde Industries Balance Sheet Chart
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Total Current Liabilities
Total Current Liabilities is an item on Lassonde Industries balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Lassonde Industries are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Cash
Cash refers to the most liquid asset of Lassonde Industries, which is listed under current asset account on Lassonde Industries balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Lassonde Industries customers. The amounts must be unrestricted with restricted cash listed in a different Lassonde Industries 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.Liabilities And Stockholders Equity
The total of all liabilities and equity in the company, which should equal the company's total assets according to the accounting equation.Long Term Investments
Long Term Investments is an item on the asset side of Lassonde Industries balance sheet that represents investments Lassonde Industries intends to hold for over a year. Lassonde Industries long term investments may include different instruments such as stocks, bonds, real estate and cash.Most accounts from Lassonde Industries' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Lassonde Industries current financial condition. On the other hand, looking into the entire matrix of balance sheet 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 Lassonde Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, Lassonde Industries' Non Currrent Assets Other are comparatively stable compared to the past year. Cash And Short Term Investments is likely to gain to about 20.8 M in 2024, whereas Non Current Liabilities Total is likely to drop slightly above 166.6 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 180.5M | 253.8M | 214.6M | 150.9M | Total Assets | 1.4B | 1.6B | 1.7B | 1.7B |
Lassonde Industries balance sheet Correlations
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Lassonde Industries Account Relationship Matchups
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Lassonde Industries balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.3B | 1.4B | 1.4B | 1.6B | 1.7B | 1.7B | |
Short Long Term Debt Total | 277.5M | 215.5M | 180.5M | 253.8M | 214.6M | 150.9M | |
Total Current Liabilities | 253.4M | 290.2M | 370.3M | 418.6M | 372.2M | 390.8M | |
Total Stockholder Equity | 680.8M | 739.6M | 808.4M | 877.2M | 922.6M | 968.7M | |
Property Plant And Equipment Net | 334.5M | 390.5M | 384.4M | 400.0M | 500.8M | 525.9M | |
Net Debt | 275.7M | 208.7M | 180.2M | 251.1M | 194.7M | 144.7M | |
Retained Earnings | 566.3M | 638.8M | 703.1M | 735.0M | 800.8M | 840.8M | |
Accounts Payable | 157.2M | 166.2M | 173.1M | 225.7M | 219.2M | 230.2M | |
Cash | 1.8M | 6.8M | 305K | 2.7M | 19.8M | 20.8M | |
Non Current Assets Total | 895.5M | 941.0M | 929.8M | 966.0M | 1.0B | 1.1B | |
Non Currrent Assets Other | 871K | 1.2M | 1.2M | 32.0M | 22.8M | 23.9M | |
Cash And Short Term Investments | 1.8M | 6.8M | 305K | 2.7M | 19.8M | 20.8M | |
Net Receivables | 145.6M | 161.6M | 167.3M | 200.3M | 203.6M | 213.8M | |
Common Stock Shares Outstanding | 6.9M | 6.9M | 6.9M | 6.9M | 6.8M | 7.5M | |
Liabilities And Stockholders Equity | 1.3B | 1.4B | 1.4B | 1.6B | 1.7B | 1.7B | |
Non Current Liabilities Total | 322.0M | 295.7M | 183.8M | 248.6M | 297.6M | 166.6M | |
Inventory | 258.8M | 260.6M | 309.7M | 414.0M | 386.6M | 405.9M | |
Other Current Assets | 8.6M | 11.7M | 12.4M | 21.8M | 26.6M | 27.9M | |
Total Liab | 575.4M | 585.9M | 554.1M | 667.1M | 669.8M | 703.3M | |
Total Current Assets | 414.8M | 440.6M | 489.7M | 638.8M | 636.6M | 668.5M | |
Accumulated Other Comprehensive Income | 65.0M | 51.3M | 55.8M | 94.1M | 73.8M | 77.5M | |
Short Term Debt | 28.5M | 10.7M | 89.4M | 105.2M | 22.6M | 21.1M | |
Intangible Assets | 239.4M | 223.0M | 204.0M | 198.4M | 184.6M | 100.2M | |
Other Current Liab | 4.0M | 11.0M | 6.2M | 87.7M | 11.5M | 14.9M | |
Good Will | 304.7M | 309.6M | 308.4M | 328.2M | 320.9M | 180.4M | |
Current Deferred Revenue | 63.7M | 102.4M | 101.6M | 119.0M | 136.8M | 143.6M | |
Other Liab | 70.4M | 87.9M | 92.7M | 100.0M | 115.0M | 68.6M | |
Net Tangible Assets | 80.1M | 136.7M | 207.0M | 296.1M | 340.5M | 357.5M | |
Other Assets | 7.8M | 8.8M | 10.6M | 24.8M | 28.5M | 29.9M | |
Long Term Debt | 249.0M | 204.8M | 91.0M | 148.6M | 192.0M | 184.5M | |
Short Long Term Debt | 28.5M | 10.7M | 89.4M | 105.2M | 22.6M | 21.4M | |
Property Plant Equipment | 305.6M | 334.5M | 390.5M | 384.4M | 442.0M | 333.5M | |
Net Invested Capital | 958.2M | 955.1M | 988.9M | 1.1B | 1.1B | 1.1B | |
Net Working Capital | 161.4M | 150.4M | 119.4M | 220.2M | 264.5M | 194.6M |
Pair Trading with Lassonde Industries
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 Lassonde Industries 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 Lassonde Industries will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Lassonde Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lassonde Industries 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 Lassonde Industries - 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 Lassonde Industries to buy it.
The correlation of Lassonde Industries 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 Lassonde Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lassonde Industries 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 Lassonde Industries 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.Additional Tools for Lassonde Stock Analysis
When running Lassonde Industries' price analysis, check to measure Lassonde Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lassonde Industries is operating at the current time. Most of Lassonde Industries' value examination focuses on studying past and present price action to predict the probability of Lassonde Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lassonde Industries' price. Additionally, you may evaluate how the addition of Lassonde Industries to your portfolios can decrease your overall portfolio volatility.