Life Historical Balance Sheet

LBS Stock  CAD 9.64  0.06  0.62%   
Trend analysis of Life Banc Split balance sheet accounts such as Net Receivables of 1.3 M provides information on Life Banc's total assets, liabilities, and equity, which is the actual value of Life Banc Split to its prevalent stockholders. By breaking down trends over time using Life Banc 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.
 
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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.

Life Banc Inventory

(39,901)

  
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.

About Life Balance Sheet Analysis

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.

Life Banc Balance Sheet Chart

At this time, Life Banc's Other Current Assets are very stable compared to the past year.

Total Assets

Total assets refers to the total amount of Life Banc assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Life Banc Split books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most accounts from Life Banc's balance sheet are interrelated and interconnected. However, analyzing balance sheet 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 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 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 Other Current Assets are very stable compared to the past year.
 2021 2022 2023 2024 (projected)
Total Stockholder Equity301.0M247.3M309.7M179.7M
Total Assets606.5M608.2M730.3M404.0M

Life Banc balance sheet Correlations

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0.940.440.25-0.840.430.170.790.80.190.260.270.840.76-0.540.80.360.790.480.650.820.860.810.570.910.77
0.230.440.11-0.230.18-0.260.060.360.03-0.040.08-0.020.01-0.080.050.070.120.030.120.090.060.090.10.070.09
0.220.250.110.03-0.68-0.020.190.09-0.53-0.79-0.80.180.060.220.1-0.740.20.16-0.330.00.040.070.270.170.22
-0.89-0.84-0.230.03-0.73-0.22-0.85-0.92-0.49-0.61-0.58-0.87-0.870.77-0.84-0.69-0.87-0.45-0.79-0.86-0.82-0.92-0.65-0.87-0.86
0.460.430.18-0.68-0.730.20.440.60.710.930.920.480.52-0.690.520.980.480.190.790.580.510.570.310.470.43
0.250.17-0.26-0.02-0.220.20.310.10.120.110.080.380.28-0.240.30.160.10.210.040.280.350.310.010.340.28
0.950.790.060.19-0.850.440.310.780.30.350.30.950.96-0.710.860.410.920.360.720.860.740.980.660.80.96
0.830.80.360.09-0.920.60.10.780.290.460.450.770.78-0.730.760.550.810.410.670.770.670.830.750.770.84
0.290.190.03-0.53-0.490.710.120.30.290.70.680.320.4-0.20.420.720.350.30.570.460.270.420.220.240.22
0.340.26-0.04-0.79-0.610.930.110.350.460.70.990.360.49-0.630.40.980.330.160.670.50.470.490.150.40.33
0.310.270.08-0.8-0.580.920.080.30.450.680.990.290.45-0.60.340.970.260.140.620.460.450.450.080.370.29
0.960.84-0.020.18-0.870.480.380.950.770.320.360.290.92-0.650.920.440.930.460.760.90.840.940.680.890.91
0.920.760.010.06-0.870.520.280.960.780.40.490.450.92-0.70.850.520.850.430.70.890.80.990.560.830.93
-0.64-0.54-0.080.220.77-0.69-0.24-0.71-0.73-0.2-0.63-0.6-0.65-0.7-0.6-0.68-0.66-0.17-0.67-0.63-0.57-0.73-0.48-0.6-0.79
0.90.80.050.1-0.840.520.30.860.760.420.40.340.920.85-0.60.480.880.710.780.980.760.890.680.820.87
0.420.360.07-0.74-0.690.980.160.410.550.720.980.970.440.52-0.680.480.430.180.750.560.510.550.240.450.4
0.910.790.120.2-0.870.480.10.920.810.350.330.260.930.85-0.660.880.430.370.830.840.660.90.810.760.9
0.470.480.030.16-0.450.190.210.360.410.30.160.140.460.43-0.170.710.180.370.250.710.50.430.290.540.45
0.740.650.12-0.33-0.790.790.040.720.670.570.670.620.760.7-0.670.780.750.830.250.780.60.750.640.610.67
0.910.820.090.0-0.860.580.280.860.770.460.50.460.90.89-0.630.980.560.840.710.780.810.90.60.840.87
0.850.860.060.04-0.820.510.350.740.670.270.470.450.840.8-0.570.760.510.660.50.60.810.80.320.970.7
0.950.810.090.07-0.920.570.310.980.830.420.490.450.940.99-0.730.890.550.90.430.750.90.80.620.840.95
0.640.570.10.27-0.650.310.010.660.750.220.150.080.680.56-0.480.680.240.810.290.640.60.320.620.520.69
0.90.910.070.17-0.870.470.340.80.770.240.40.370.890.83-0.60.820.450.760.540.610.840.970.840.520.79
0.920.770.090.22-0.860.430.280.960.840.220.330.290.910.93-0.790.870.40.90.450.670.870.70.950.690.79
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Life Banc Account Relationship Matchups

Life Banc balance sheet Accounts

201920202021202220232024 (projected)
Total Assets496.9M448.8M606.5M608.2M730.3M404.0M
Total Stockholder Equity217.0M174.1M301.0M247.3M309.7M179.7M
Non Current Assets Total493.7M445.7M602.1M603.7M(72.2K)(68.6K)
Non Currrent Assets Other(493.7M)(445.7M)(602.1M)(603.7M)(725.5M)(689.2M)
Other Assets39.9K54.9K24.6K28.9K730.3M766.8M
Net Receivables1.2M1.1M1.9M1.5M1.8M1.3M
Liabilities And Stockholders Equity496.9M448.8M606.5M608.2M730.3M404.0M
Other Stockholder Equity223.2M153.1M301.0M309.7M356.2M374.0M
Total Liab6.8M6.5M7.1M360.9M420.6M441.6M
Total Current Assets3.1M3.1M4.4M4.5M730.4M766.9M
Cash And Short Term Investments2.0M2.0M2.4M3.0M728.4M764.8M
Short Term Investments493.7M445.7M602.1M603.7M725.5M422.2M
Short Term Debt273.0M268.2M298.2M352.0M408.2M262.6M
Other Current Liab(279.8M)(274.7M)(305.3M)(8.3M)(419.5M)(398.5M)
Accounts Payable6.8M6.5M7.1M8.3M11.3M6.5M
Total Current Liabilities6.8M6.5M7.1M8.3M431.6M453.2M
Net Debt271.0M266.2M295.7M349.0M405.3M249.8M
Cash2.0M2.0M2.4M3.0M2.9M2.4M
Non Current Liabilities Total6.9M6.5M7.4M8.3M12.4M7.0M
Common Stock217.0M174.1M301.0M247.3M309.7M223.7M
Short Long Term Debt Total273.0M268.2M298.2M352.0M408.2M275.1M
Other Current Assets79.8K109.9K49.2K57.9K144.3K151.5K
Net Tangible Assets217.0M174.1M301.0M247.3M284.4M217.2M
Long Term Investments493.7M445.7M602.1M603.7M725.5M563.4M
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 against Life Stock

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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

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.