Life Common Stock vs Net Receivables Analysis

LBS Stock

CAD 9.53 0.05 0.53%

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 Common Stock and its Net Receivables 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.

Common Stock vs Net Receivables

Common Stock vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Life Banc Split Common Stock account and Net Receivables. At this time, the significance of the direction appears to have weak relationship.

The correlation between Life Banc's Common Stock and Net Receivables is 0.35. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Net Receivables 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 Common Stock and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Life Banc Split are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Common Stock i.e., Life Banc's Common Stock and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.35

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Common Stock

Net Receivables

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 24th of November 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 0.01.

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	Total Current Liabilities	Net Debt	Accounts Payable	Cash	Common Stock Total Equity	Non Current Liabilities Total	Common Stock	Short Long Term Debt Total	Net Tangible Assets	Long Term Debt	Short Long Term Debt
Total Assets		0.94	0.23	1.0	-0.89	0.38	0.25	0.95	0.76	-0.19	-0.37	-0.43	0.96	0.92	-0.8	0.9	0.91	0.9	0.47	0.74	0.91	0.85	0.95	0.9	0.92	0.91
Total Stockholder Equity	0.94		0.44	0.94	-0.84	0.46	0.17	0.79	0.7	-0.23	-0.45	-0.36	0.84	0.76	-0.72	0.81	0.79	0.81	0.48	0.65	0.82	0.86	0.81	0.91	0.77	0.76
Retained Earnings	0.23	0.44		0.23	-0.23	0.57	-0.26	0.06	0.18	-0.06	-0.58	0.02	-0.02	0.01	-0.09	0.09	0.12	0.09	0.03	0.12	0.09	0.06	0.09	0.07	0.09	0.09
Non Current Assets Total	1.0	0.94	0.23		-0.89	0.38	0.25	0.95	0.76	-0.19	-0.37	-0.43	0.96	0.92	-0.8	0.9	0.91	0.9	0.47	0.74	0.9	0.85	0.95	0.9	0.92	0.91
Non Currrent Assets Other	-0.89	-0.84	-0.23	-0.89		-0.38	-0.22	-0.85	-0.86	0.31	0.36	0.43	-0.87	-0.87	0.92	-0.86	-0.87	-0.86	-0.45	-0.79	-0.86	-0.82	-0.92	-0.87	-0.86	-0.84
Other Assets	0.38	0.46	0.57	0.38	-0.38		0.26	0.29	0.07	-0.02	-1.0	-0.77	0.36	0.11	-0.28	0.28	0.44	0.28	0.1	0.38	0.27	0.16	0.27	0.23	0.3	0.31
Net Receivables	0.25	0.17	-0.26	0.25	-0.22	0.26		0.31	0.0	-0.06	-0.25	-0.33	0.38	0.28	-0.24	0.27	0.1	0.27	0.21	0.04	0.28	0.35	0.31	0.34	0.28	0.29
Common Stock Shares Outstanding	0.95	0.79	0.06	0.95	-0.85	0.29	0.31		0.74	-0.17	-0.28	-0.44	0.95	0.96	-0.76	0.85	0.92	0.85	0.36	0.72	0.86	0.74	0.98	0.8	0.96	0.96
Other Stockholder Equity	0.76	0.7	0.18	0.76	-0.86	0.07	0.0	0.74		-0.41	-0.06	-0.12	0.7	0.81	-0.8	0.74	0.71	0.74	0.41	0.58	0.74	0.66	0.8	0.76	0.8	0.78
Total Liab	-0.19	-0.23	-0.06	-0.19	0.31	-0.02	-0.06	-0.17	-0.41		0.02	0.0	-0.18	-0.19	0.22	-0.12	-0.12	-0.12	0.14	-0.3	-0.16	-0.34	-0.2	-0.3	-0.26	-0.22
Total Current Assets	-0.37	-0.45	-0.58	-0.37	0.36	-1.0	-0.25	-0.28	-0.06	0.02		0.77	-0.34	-0.1	0.26	-0.26	-0.43	-0.26	-0.07	-0.37	-0.25	-0.14	-0.26	-0.21	-0.29	-0.3
Cash And Short Term Investments	-0.43	-0.36	0.02	-0.43	0.43	-0.77	-0.33	-0.44	-0.12	0.0	0.77		-0.57	-0.26	0.39	-0.4	-0.64	-0.4	-0.13	-0.55	-0.38	-0.22	-0.39	-0.32	-0.44	-0.45
Short Term Investments	0.96	0.84	-0.02	0.96	-0.87	0.36	0.38	0.95	0.7	-0.18	-0.34	-0.57		0.92	-0.81	0.89	0.93	0.89	0.46	0.76	0.9	0.84	0.94	0.89	0.91	0.91
Short Term Debt	0.92	0.76	0.01	0.92	-0.87	0.11	0.28	0.96	0.81	-0.19	-0.1	-0.26	0.92		-0.82	0.88	0.85	0.88	0.43	0.7	0.89	0.8	0.99	0.83	0.93	0.92
Other Current Liab	-0.8	-0.72	-0.09	-0.8	0.92	-0.28	-0.24	-0.76	-0.8	0.22	0.26	0.39	-0.81	-0.82		-0.93	-0.79	-0.93	-0.69	-0.77	-0.93	-0.75	-0.85	-0.8	-0.81	-0.8
Total Current Liabilities	0.9	0.81	0.09	0.9	-0.86	0.28	0.27	0.85	0.74	-0.12	-0.26	-0.4	0.89	0.88	-0.93		0.84	1.0	0.75	0.75	1.0	0.79	0.9	0.83	0.87	0.87
Net Debt	0.91	0.79	0.12	0.91	-0.87	0.44	0.1	0.92	0.71	-0.12	-0.43	-0.64	0.93	0.85	-0.79	0.84		0.84	0.37	0.83	0.84	0.66	0.9	0.76	0.9	0.9
Accounts Payable	0.9	0.81	0.09	0.9	-0.86	0.28	0.27	0.85	0.74	-0.12	-0.26	-0.4	0.89	0.88	-0.93	1.0	0.84		0.75	0.75	1.0	0.79	0.9	0.83	0.87	0.87
Cash	0.47	0.48	0.03	0.47	-0.45	0.1	0.21	0.36	0.41	0.14	-0.07	-0.13	0.46	0.43	-0.69	0.75	0.37	0.75		0.25	0.71	0.5	0.43	0.54	0.45	0.46
Common Stock Total Equity	0.74	0.65	0.12	0.74	-0.79	0.38	0.04	0.72	0.58	-0.3	-0.37	-0.55	0.76	0.7	-0.77	0.75	0.83	0.75	0.25		0.78	0.6	0.75	0.61	0.67	0.67
Non Current Liabilities Total	0.91	0.82	0.09	0.9	-0.86	0.27	0.28	0.86	0.74	-0.16	-0.25	-0.38	0.9	0.89	-0.93	1.0	0.84	1.0	0.71	0.78		0.81	0.9	0.84	0.87	0.87
Common Stock	0.85	0.86	0.06	0.85	-0.82	0.16	0.35	0.74	0.66	-0.34	-0.14	-0.22	0.84	0.8	-0.75	0.79	0.66	0.79	0.5	0.6	0.81		0.8	0.97	0.7	0.68
Short Long Term Debt Total	0.95	0.81	0.09	0.95	-0.92	0.27	0.31	0.98	0.8	-0.2	-0.26	-0.39	0.94	0.99	-0.85	0.9	0.9	0.9	0.43	0.75	0.9	0.8		0.84	0.95	0.94
Net Tangible Assets	0.9	0.91	0.07	0.9	-0.87	0.23	0.34	0.8	0.76	-0.3	-0.21	-0.32	0.89	0.83	-0.8	0.83	0.76	0.83	0.54	0.61	0.84	0.97	0.84		0.79	0.77
Long Term Debt	0.92	0.77	0.09	0.92	-0.86	0.3	0.28	0.96	0.8	-0.26	-0.29	-0.44	0.91	0.93	-0.81	0.87	0.9	0.87	0.45	0.67	0.87	0.7	0.95	0.79		1.0
Short Long Term Debt	0.91	0.76	0.09	0.91	-0.84	0.31	0.29	0.96	0.78	-0.22	-0.3	-0.45	0.91	0.92	-0.8	0.87	0.9	0.87	0.46	0.67	0.87	0.68	0.94	0.77	1.0

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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	725.5M	400.6M
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	72.2K	75.8K
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
Total Liab	6.8M	6.5M	7.1M	360.9M	11.3M	10.7M
Total Current Assets	3.1M	3.1M	4.4M	4.5M	4.7M	4.5M
Cash And Short Term Investments	2.0M	2.0M	2.4M	3.0M	2.9M	2.8M
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	(6.8M)	(6.5M)	(7.1M)	(8.3M)	(11.3M)	(10.7M)
Total Current Liabilities	6.8M	6.5M	7.1M	8.3M	11.3M	6.9M
Net Debt	271.0M	266.2M	295.7M	349.0M	405.3M	249.8M
Accounts Payable	6.8M	6.5M	7.1M	8.3M	11.3M	6.9M
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	39.9K	54.9K	24.6K	28.9K	72.2K	75.8K
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 against Life Stock

0.77

VCM

Vecima Networks

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 Common Stock vs Net Receivables Analysis

Common Stock vs Net Receivables

Common Stock vs Net Receivables Correlation Analysis

Correlation Coefficient

Common Stock

Net Receivables

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 against Life Stock

Other Information on Investing in Life Stock

COMMON DESTINATIONS

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COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Current Liabilities
Non Current Liabilities Total	+ 1.0	Total Current Liabilities
Non Current Liabilities Total	+ 1.0	Accounts Payable
Short Long Term Debt	+ 1.0	Long Term Debt
Short Long Term Debt Total	+ 0.99	Short Term Debt

Total Current Assets	- 1.0	Other Assets
Non Current Liabilities Total	- 0.93	Other Current Liab
Accounts Payable	- 0.93	Other Current Liab
Total Current Liabilities	- 0.93	Other Current Liab
Short Long Term Debt Total	- 0.92	Non Currrent Assets Other
Non Currrent Assets Other	- 0.89	Non Current Assets Total