Life Issuance Of Capital Stock vs Change To Account Receivables Analysis

LBS Stock  CAD 9.05  0.03  0.33%   
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 Issuance Of Capital Stock and its Change To Account 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.

Issuance Of Capital Stock vs Change To Account Receivables

Issuance Of Capital Stock vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Life Banc Split Issuance Of Capital Stock account and Change To Account Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Life Banc's Issuance Of Capital Stock and Change To Account Receivables is -0.3. Overlapping area represents the amount of variation of Issuance Of Capital Stock that can explain the historical movement of Change To Account 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 Issuance Of Capital Stock and Change To Account 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 Issuance Of Capital Stock of Life Banc Split are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Issuance Of Capital Stock i.e., Life Banc's Issuance Of Capital Stock and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

-0.3
Relationship DirectionNegative 
Relationship StrengthInsignificant

Issuance Of Capital Stock

Change To Account 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 Issuance Of Capital Stock is very stable compared to the past year. As of the 30th of January 2025, Enterprise Value Over EBITDA is likely to grow to 9.86, while Selling General Administrative is likely to drop about 404.7 K.

Life Banc fundamental ratios Correlations

0.790.19-0.33-0.950.860.310.970.890.680.790.770.820.83-0.80.950.830.830.470.770.960.810.870.60.820.79
0.790.38-0.05-0.880.580.30.710.790.380.470.470.890.84-0.630.720.530.840.520.660.710.910.870.550.90.79
0.190.380.09-0.220.15-0.240.070.350.04-0.020.070.00.02-0.070.070.070.110.040.120.090.070.080.10.070.09
-0.33-0.050.090.13-0.75-0.15-0.34-0.02-0.65-0.83-0.84-0.12-0.220.32-0.36-0.79-0.050.03-0.3-0.44-0.24-0.210.170.040.09
-0.95-0.88-0.220.13-0.72-0.31-0.92-0.91-0.55-0.63-0.61-0.9-0.880.79-0.89-0.69-0.9-0.51-0.67-0.88-0.84-0.92-0.67-0.88-0.87
0.860.580.15-0.75-0.720.320.840.620.810.960.950.620.66-0.710.840.990.60.280.70.880.660.690.330.520.48
0.310.3-0.24-0.15-0.310.320.350.170.230.250.220.470.4-0.330.350.290.230.280.120.320.450.420.050.410.36
0.970.710.07-0.34-0.920.840.350.860.680.790.760.820.86-0.850.930.830.840.390.760.940.750.890.610.750.83
0.890.790.35-0.02-0.910.620.170.860.390.510.510.760.76-0.730.820.580.810.450.660.810.670.80.760.790.85
0.680.380.04-0.65-0.550.810.230.680.390.80.790.480.55-0.340.720.810.490.360.580.750.470.570.270.340.31
0.790.47-0.02-0.83-0.630.960.250.790.510.80.990.550.64-0.670.770.990.50.260.610.840.630.640.210.470.41
0.770.470.07-0.84-0.610.950.220.760.510.790.990.50.62-0.650.740.980.450.250.570.820.620.620.160.440.37
0.820.890.0-0.12-0.90.620.470.820.760.480.550.50.95-0.720.810.60.940.510.740.780.890.960.630.880.89
0.830.840.02-0.22-0.880.660.40.860.760.550.640.620.95-0.750.80.660.890.480.670.80.870.990.530.820.89
-0.8-0.63-0.070.320.79-0.71-0.33-0.85-0.73-0.34-0.67-0.65-0.72-0.75-0.74-0.7-0.72-0.25-0.59-0.76-0.65-0.77-0.5-0.63-0.8
0.950.720.07-0.36-0.890.840.350.930.820.720.770.740.810.8-0.740.820.820.630.770.990.750.830.620.760.77
0.830.530.07-0.79-0.690.990.290.830.580.810.990.980.60.66-0.70.820.560.280.670.880.660.680.280.50.46
0.830.840.11-0.05-0.90.60.230.840.810.490.50.450.940.89-0.720.820.560.430.810.770.760.920.770.780.91
0.470.520.040.03-0.510.280.280.390.450.360.260.250.510.48-0.250.630.280.430.310.610.540.490.320.580.5
0.770.660.12-0.3-0.670.70.120.760.660.580.610.570.740.67-0.590.770.670.810.310.750.620.720.630.590.66
0.960.710.09-0.44-0.880.880.320.940.810.750.840.820.780.8-0.760.990.880.770.610.750.770.830.540.750.74
0.810.910.07-0.24-0.840.660.450.750.670.470.630.620.890.87-0.650.750.660.760.540.620.770.870.340.930.72
0.870.870.08-0.21-0.920.690.420.890.80.570.640.620.960.99-0.770.830.680.920.490.720.830.870.580.830.91
0.60.550.10.17-0.670.330.050.610.760.270.210.160.630.53-0.50.620.280.770.320.630.540.340.580.530.7
0.820.90.070.04-0.880.520.410.750.790.340.470.440.880.82-0.630.760.50.780.580.590.750.930.830.530.8
0.790.790.090.09-0.870.480.360.830.850.310.410.370.890.89-0.80.770.460.910.50.660.740.720.910.70.8
Click cells to compare fundamentals

Life Banc Account Relationship Matchups

Life Banc fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets448.8M606.5M608.2M730.3M839.8M881.8M
Total Stockholder Equity174.1M301.0M247.3M309.7M356.2M179.7M
Non Current Assets Total445.7M602.1M603.7M(72.2K)(83.0K)(78.8K)
Non Currrent Assets Other(445.7M)(602.1M)(603.7M)(725.5M)(652.9M)(620.3M)
Other Assets54.9K24.6K28.9K730.3M839.8M881.8M
Net Receivables1.1M1.9M1.5M1.8M2.1M1.3M
Common Stock Shares Outstanding27.3M29.6M33.0M39.0M44.9M47.1M
Liabilities And Stockholders Equity448.8M606.5M608.2M730.3M839.8M881.8M
Total Liab6.5M7.1M360.9M420.6M483.7M507.8M
Total Current Assets3.1M4.4M4.5M730.4M839.9M881.9M
Cash And Short Term Investments2.0M2.4M3.0M728.4M837.7M879.6M
Short Term Investments445.7M602.1M603.7M725.5M834.3M422.2M
Short Term Debt268.2M298.2M352.0M408.2M469.4M262.6M
Other Current Liab(274.7M)(305.3M)(8.3M)(419.5M)(377.5M)(358.7M)
Accounts Payable6.5M7.1M8.3M11.3M13.0M13.6M
Total Current Liabilities6.5M7.1M8.3M431.6M496.4M521.2M
Net Debt266.2M295.7M349.0M405.3M466.0M249.8M
Cash2.0M2.4M3.0M2.9M3.4M2.4M
Non Current Liabilities Total6.5M7.4M8.3M12.4M14.2M15.0M
Common Stock174.1M301.0M247.3M309.7M356.2M223.7M
Short Long Term Debt Total268.2M298.2M352.0M408.2M469.4M275.1M
Other Current Assets109.9K49.2K57.9K144.3K166.0K174.3K
Net Tangible Assets217.0M174.1M301.0M247.3M284.4M217.2M
Long Term Investments445.7M602.1M603.7M725.5M834.3M563.4M
Current Deferred Revenue(261.7M)(291.0M)(343.7M)(396.9M)(357.2M)(375.1M)

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

  0.42ARA Aclara ResourcesPairCorr
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.