Life Banc Shares Outstanding vs. Return On Asset

LBS Stock  CAD 9.66  0.01  0.10%   
Based on the measurements of profitability obtained from Life Banc's financial statements, Life Banc Split is performing exceptionally good at this time. It has a great probability to showcase excellent profitability results in December. Profitability indicators assess Life Banc's ability to earn profits and add value for shareholders. As of the 28th of November 2024, Price To Sales Ratio is likely to drop to 3.17. In addition to that, Days Sales Outstanding is likely to drop to 6.73. At this time, Life Banc's Operating Income is very stable compared to the past year. As of the 28th of November 2024, Net Income is likely to grow to about 60.9 M, while Total Other Income Expense Net is likely to drop (6.5 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.850.99
Fairly Down
Pretty Stable
Pretax Profit Margin1.110.8814
Significantly Up
Very volatile
For Life Banc profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Life Banc to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Life Banc Split utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Life Banc's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Life Banc Split over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Please note, there is a significant difference between Life Banc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Life Banc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Life Banc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Life Banc Split Return On Asset vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Life Banc's current stock value. Our valuation model uses many indicators to compare Life Banc value to that of its competitors to determine the firm's financial worth.
Life Banc Split is currently regarded as number one stock in shares outstanding category among its peers. It is rated fourth overall in return on asset category among its peers . The ratio of Shares Outstanding to Return On Asset for Life Banc Split is about  930,342,159 . As of the 28th of November 2024, Return On Assets is likely to grow to 0.08. Comparative valuation analysis is a catch-all model that can be used if you cannot value Life Banc by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Life Banc's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Life Return On Asset vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Life Banc

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
45.68 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Life Banc

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0491
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.

Life Return On Asset Comparison

Life Banc is currently under evaluation in return on asset category among its peers.

Life Banc Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Life Banc, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Life Banc will eventually generate negative long term returns. The profitability progress is the general direction of Life Banc's change in net profit over the period of time. It can combine multiple indicators of Life Banc, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Operating Income87.4 M91.8 M
Net Income58 M60.9 M
Income Tax Expense58 M60.9 M
Total Other Income Expense Net-6.2 M-6.5 M
Income Before Tax81.2 M41.2 M
Net Income From Continuing Ops81.2 M85.3 M
Net Loss-57.9 M-55 M
Net Interest Income271.9 K285.5 K
Interest Income271.9 K285.5 K
Change To Netincome-963.9 K-1 M
Net Income Per Share 1.49  0.86 
Income Quality(1.03)(0.98)
Net Income Per E B T 0.64  0.57 

Life Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Life Banc. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Life Banc position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Life Banc's important profitability drivers and their relationship over time.

Use Life Banc in pair-trading

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.

Life Banc Pair Trading

Life Banc Split Pair Trading Analysis

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

Use Investing Themes to Complement your Life Banc position

In addition to having Life Banc in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Utilities - Regulated Electric Thematic Idea Now

Utilities - Regulated Electric
Utilities - Regulated Electric Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Utilities - Regulated Electric theme has 7 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Utilities - Regulated Electric Theme or any other thematic opportunities.
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Other Information on Investing in Life Stock

To fully project Life Banc's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Life Banc Split at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Life Banc's income statement, its balance sheet, and the statement of cash flows.
Potential Life Banc investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Life Banc investors may work on each financial statement separately, they are all related. The changes in Life Banc's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Life Banc's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.