Laurentian Net Debt vs Short Long Term Debt Total Analysis

LB Stock

CAD 28.50 0.07 0.25%

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 Net Debt and its Short Long Term Debt Total 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.

Net Debt vs Short Long Term Debt Total

Net Debt vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Laurentian Bank Net Debt account and Short Long Term Debt Total. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Laurentian Bank's Net Debt and Short Long Term Debt Total is 0.93. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Short Long Term Debt Total 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 Net Debt and Short Long Term Debt Total 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 Debt of Laurentian Bank are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Net Debt i.e., Laurentian Bank's Net Debt and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Short Long Term Debt Total

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 November 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 Expense	741.0M	1.5B	1.8B	1.8B
Depreciation And Amortization	52.5M	60.0M	69.0M	45.0M

Interest Expense Depreciation And Amortization

Laurentian Bank fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Assets	Good Will	Short Term Investments	Intangible Assets
Total Assets		0.76	-0.68	0.79	0.72	0.16	0.69	0.7	0.86	0.5	0.91	0.16	0.18	0.49	0.89	0.35	-0.32	0.12	1.0	0.28	-0.76	0.79	0.97	0.52	-0.13	0.77
Short Long Term Debt Total	0.76		-0.8	0.79	0.96	0.22	0.93	0.94	0.73	0.73	0.67	0.41	-0.06	0.4	0.78	0.66	-0.04	0.31	0.76	0.52	-0.72	0.61	0.82	0.53	-0.41	0.67
Other Current Liab	-0.68	-0.8		-0.94	-0.84	-0.44	-0.86	-0.76	-0.9	-0.53	-0.73	-0.52	0.22	-0.52	-0.82	-0.72	0.02	-0.31	-0.66	-0.59	0.72	-0.44	-0.7	-0.62	0.46	-0.77
Total Current Liabilities	0.79	0.79	-0.94		0.83	0.44	0.86	0.77	0.98	0.54	0.79	0.52	-0.21	0.57	0.92	0.73	0.0	0.37	0.78	0.59	-0.69	0.51	0.82	0.63	-0.47	0.79
Total Stockholder Equity	0.72	0.96	-0.84	0.83		0.31	0.99	0.98	0.76	0.8	0.68	0.52	-0.14	0.35	0.82	0.76	0.03	0.35	0.71	0.63	-0.74	0.53	0.78	0.6	-0.5	0.74
Property Plant And Equipment Net	0.16	0.22	-0.44	0.44	0.31		0.39	0.22	0.4	0.38	0.12	0.63	-0.5	-0.27	0.46	0.42	0.51	0.35	0.15	0.71	-0.05	-0.16	0.25	0.44	-0.61	0.41
Net Debt	0.69	0.93	-0.86	0.86	0.99	0.39		0.97	0.78	0.83	0.65	0.61	-0.19	0.35	0.83	0.81	0.11	0.43	0.68	0.72	-0.7	0.45	0.75	0.57	-0.57	0.72
Retained Earnings	0.7	0.94	-0.76	0.77	0.98	0.22	0.97		0.69	0.83	0.64	0.5	-0.09	0.34	0.77	0.75	0.0	0.36	0.69	0.63	-0.76	0.56	0.75	0.49	-0.47	0.67
Accounts Payable	0.86	0.73	-0.9	0.98	0.76	0.4	0.78	0.69		0.46	0.86	0.42	-0.11	0.59	0.93	0.62	-0.12	0.27	0.85	0.49	-0.72	0.58	0.86	0.61	-0.35	0.81
Cash	0.5	0.73	-0.53	0.54	0.8	0.38	0.83	0.83	0.46		0.4	0.63	-0.1	0.11	0.63	0.57	0.35	0.63	0.49	0.81	-0.4	0.26	0.58	0.3	-0.56	0.44
Non Current Assets Total	0.91	0.67	-0.73	0.79	0.68	0.12	0.65	0.64	0.86	0.4		0.06	0.34	0.55	0.8	0.34	-0.5	-0.06	0.91	0.19	-0.83	0.77	0.82	0.53	0.05	0.79
Non Currrent Assets Other	0.16	0.41	-0.52	0.52	0.52	0.63	0.61	0.5	0.42	0.63	0.06		-0.74	-0.11	0.51	0.78	0.73	0.71	0.15	0.85	-0.15	-0.31	0.32	0.25	-0.92	0.31
Cash And Short Term Investments	0.18	-0.06	0.22	-0.21	-0.14	-0.5	-0.19	-0.09	-0.11	-0.1	0.34	-0.74		0.26	-0.19	-0.51	-0.73	-0.5	0.2	-0.47	-0.15	0.5	-0.01	-0.17	0.88	-0.07
Net Receivables	0.49	0.4	-0.52	0.57	0.35	-0.27	0.35	0.34	0.59	0.11	0.55	-0.11	0.26		0.37	0.21	-0.31	0.25	0.49	0.06	-0.38	0.59	0.42	0.08	0.14	0.19
Common Stock Shares Outstanding	0.89	0.78	-0.82	0.92	0.82	0.46	0.83	0.77	0.93	0.63	0.8	0.51	-0.19	0.37		0.61	0.02	0.34	0.88	0.57	-0.67	0.53	0.93	0.69	-0.5	0.88
Non Current Liabilities Total	0.35	0.66	-0.72	0.73	0.76	0.42	0.81	0.75	0.62	0.57	0.34	0.78	-0.51	0.21	0.61		0.35	0.48	0.33	0.71	-0.47	0.07	0.45	0.4	-0.7	0.48
Other Current Assets	-0.32	-0.04	0.02	0.0	0.03	0.51	0.11	0.0	-0.12	0.35	-0.5	0.73	-0.73	-0.31	0.02	0.35		0.76	-0.34	0.61	0.53	-0.65	-0.14	-0.01	-0.76	-0.21
Other Stockholder Equity	0.12	0.31	-0.31	0.37	0.35	0.35	0.43	0.36	0.27	0.63	-0.06	0.71	-0.5	0.25	0.34	0.48	0.76		0.11	0.78	0.13	-0.13	0.26	-0.06	-0.71	-0.05
Total Liab	1.0	0.76	-0.66	0.78	0.71	0.15	0.68	0.69	0.85	0.49	0.91	0.15	0.2	0.49	0.88	0.33	-0.34	0.11		0.26	-0.77	0.8	0.97	0.51	-0.12	0.76
Property Plant And Equipment Gross	0.28	0.52	-0.59	0.59	0.63	0.71	0.72	0.63	0.49	0.81	0.19	0.85	-0.47	0.06	0.57	0.71	0.61	0.78	0.26		-0.22	0.0	0.4	0.25	-0.78	0.33
Total Current Assets	-0.76	-0.72	0.72	-0.69	-0.74	-0.05	-0.7	-0.76	-0.72	-0.4	-0.83	-0.15	-0.15	-0.38	-0.67	-0.47	0.53	0.13	-0.77	-0.22		-0.72	-0.71	-0.4	0.1	-0.72
Short Term Debt	0.79	0.61	-0.44	0.51	0.53	-0.16	0.45	0.56	0.58	0.26	0.77	-0.31	0.5	0.59	0.53	0.07	-0.65	-0.13	0.8	0.0	-0.72		0.71	0.26	0.26	0.49
Other Assets	0.97	0.82	-0.7	0.82	0.78	0.25	0.75	0.75	0.86	0.58	0.82	0.32	-0.01	0.42	0.93	0.45	-0.14	0.26	0.97	0.4	-0.71	0.71		0.55	-0.33	0.77
Good Will	0.52	0.53	-0.62	0.63	0.6	0.44	0.57	0.49	0.61	0.3	0.53	0.25	-0.17	0.08	0.69	0.4	-0.01	-0.06	0.51	0.25	-0.4	0.26	0.55		-0.31	0.87
Short Term Investments	-0.13	-0.41	0.46	-0.47	-0.5	-0.61	-0.57	-0.47	-0.35	-0.56	0.05	-0.92	0.88	0.14	-0.5	-0.7	-0.76	-0.71	-0.12	-0.78	0.1	0.26	-0.33	-0.31		-0.31
Intangible Assets	0.77	0.67	-0.77	0.79	0.74	0.41	0.72	0.67	0.81	0.44	0.79	0.31	-0.07	0.19	0.88	0.48	-0.21	-0.05	0.76	0.33	-0.72	0.49	0.77	0.87	-0.31

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Laurentian Bank Account Relationship Matchups

Laurentian Bank fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	44.2B	45.1B	50.7B	49.9B	57.4B	31.1B
Short Long Term Debt Total	13.2B	14.0B	15.0B	15.2B	17.5B	18.4B
Other Current Liab	(1.1B)	(1.3B)	(946.6M)	(1.1B)	(973.5M)	(1.0B)
Total Current Liabilities	1.1B	1.3B	946.6M	1.1B	1.2B	892.5M
Total Stockholder Equity	2.6B	2.6B	2.8B	2.9B	3.3B	3.5B
Property Plant And Equipment Net	209.2M	106.3M	134.4M	119.7M	107.7M	88.2M
Net Debt	12.3B	13.2B	13.0B	13.8B	15.9B	16.7B
Retained Earnings	1.2B	1.2B	1.3B	1.4B	1.6B	1.7B
Accounts Payable	1.1B	1.3B	946.6M	1.1B	1.2B	710.1M
Cash	870.2M	849.1M	2.1B	1.4B	1.6B	1.7B
Non Current Assets Total	6.5B	7.0B	6.7B	6.5B	7.5B	4.4B
Non Currrent Assets Other	(62.2M)	(58.5M)	(71.5M)	(119.1M)	(107.2M)	(112.5M)
Cash And Short Term Investments	1.1B	1.1B	2.2B	1.5B	1.7B	1.5B
Net Receivables	117.9M	468.8M	204.1M	283.4M	325.9M	215.7M
Common Stock Shares Outstanding	42.9M	43.5M	43.4M	43.5M	50.0M	31.1M
Liabilities And Stockholders Equity	44.2B	45.1B	50.7B	49.9B	57.4B	31.1B
Non Current Liabilities Total	13.2B	14.1B	946.6M	15.3B	17.6B	18.5B
Other Current Assets	4.1B	4.1B	6.0B	5.8B	5.2B	5.4B
Other Stockholder Equity	2.5M	127.3M	127.1M	129.5M	116.6M	77.6M
Total Liab	41.6B	42.4B	47.9B	47.0B	54.1B	29.5B
Property Plant And Equipment Gross	209.2M	195.5M	234.1M	222.9M	200.6M	210.6M
Total Current Assets	1.3B	1.6B	2.5B	1.8B	1.6B	1.5B
Short Term Debt	3.8B	4.3B	4.3B	4.7B	5.5B	3.6B
Other Assets	36.4B	36.5B	41.6B	41.6B	47.9B	27.8B
Good Will	117.3M	78.4M	83.7M	84.8M	97.5M	80.7M
Short Term Investments	274.6M	259.1M	186.6M	50.4M	45.4M	43.1M
Intangible Assets	380.3M	278.3M	294.4M	282.8M	325.3M	215.8M
Common Stock	1.2B	1.2B	1.2B	1.2B	1.4B	729.2M
Accumulated Other Comprehensive Income	52.2M	23.5M	42.0M	22.9M	26.3M	22.8M
Other Liab	90.7M	97.1M	2.6B	2.4B	2.7B	2.9B
Net Tangible Assets	1.8B	1.9B	2.2B	2.3B	2.6B	1.9B
Long Term Debt	11.0B	9.8B	10.8B	15.1B	17.4B	10.0B
Inventory	(4.1B)	(4.1B)	(6.0B)	(5.8B)	(5.2B)	(4.9B)
Long Term Investments	5.8B	6.5B	6.2B	6.0B	6.9B	5.9B
Property Plant Equipment	89.3M	209.2M	106.3M	134.4M	154.5M	103.1M
Long Term Debt Total	9.3B	11.2B	9.9B	10.9B	12.6B	9.8B
Earning Assets	10.4B	9.7B	9.9B	10.5B	12.1B	10.8B
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

0.64	JPM	JPMorgan Chase	Pair Corr
0.76	BOFA	Bank of America	Pair Corr

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 Correlation Correlation 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.

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Laurentian Net Debt vs Short Long Term Debt Total Analysis

Net Debt vs Short Long Term Debt Total

Net Debt vs Short Long Term Debt Total Correlation Analysis

Correlation Coefficient

Net Debt

Short Long Term Debt Total

Laurentian Bank fundamental ratios Correlations

Laurentian Bank Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Laurentian Bank fundamental ratios Accounts

Pair Trading with Laurentian Bank

Moving together with Laurentian Stock

Other Information on Investing in Laurentian Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Net Debt	+ 0.99	Total Stockholder Equity
Accounts Payable	+ 0.98	Total Current Liabilities
Retained Earnings	+ 0.98	Total Stockholder Equity
Other Assets	+ 0.97	Total Assets
Retained Earnings	+ 0.97	Net Debt

Total Current Liabilities	- 0.94	Other Current Liab
Short Term Investments	- 0.92	Non Currrent Assets Other
Accounts Payable	- 0.9	Other Current Liab
Net Debt	- 0.86	Other Current Liab
Total Stockholder Equity	- 0.84	Other Current Liab
Total Current Assets	- 0.83	Non Current Assets Total