Life Banc Split Stock Today

LBS Stock  CAD 9.71  0.18  1.89%   

Performance

33 of 100

 
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Odds Of Distress

Less than 9

 
High
 
Low
Low
Life Banc is selling at 9.71 as of the 25th of November 2024; that is 1.89% increase since the beginning of the trading day. The stock's open price was 9.53. Life Banc has less than a 9 % chance of experiencing financial distress in the next few years and had a very strong performance during the last 90 days. Equity ratings for Life Banc Split are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Financial Services
Classification
Financials
Life Banc Split Corp. is a closed-ended equity mutual fund launched and managed by Brompton Funds Limited. Life Banc Split Corp. was formed on September 6, 2006 and is domiciled in Canada. LIFE BANC operates under Asset Management classification in Canada and is traded on Toronto Stock Exchange.. The company has 45.68 M outstanding shares of which 25.03 K shares are now shorted by private and institutional investors with about 0.02 days to cover all short positions. More on Life Banc Split

Moving together with Life Stock

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Moving against Life Stock

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Life Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Life Banc's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Life Banc or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOMark Caranci
Business ConcentrationAsset Management & Custody Banks, Financial Services, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
Life Banc's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Life Banc's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Life Banc can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Life Banc's financial leverage. It provides some insight into what part of Life Banc's total assets is financed by creditors.
Liquidity
Life Banc cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Life Banc Split has accumulated 408.2 M in total debt with debt to equity ratio (D/E) of 2.61, implying the company greatly relies on financing operations through barrowing. Life Banc Split has a current ratio of 1.35, which is within standard range for the sector. Debt can assist Life Banc until it has trouble settling it off, either with new capital or with free cash flow. So, Life Banc's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Life Banc Split sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Life to invest in growth at high rates of return. When we think about Life Banc's use of debt, we should always consider it together with cash and equity.

Total Cash From Operating Activities

(56.86 Million)
Life Banc Split (LBS) is traded on Toronto Exchange in Canada and employs 15 people. Life Banc is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 918.28 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Life Banc's market, we take the total number of its shares issued and multiply it by Life Banc's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Life Banc Split operates under Capital Markets sector and is part of Financials industry. The entity has 45.68 M outstanding shares of which 25.03 K shares are now shorted by private and institutional investors with about 0.02 days to cover all short positions. Life Banc Split has accumulated about 380.5 M in cash with (59.86 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.94, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Life Banc Probability Of Bankruptcy

Life Banc Split Risk Profiles

Although Life Banc's alpha and beta are two of the key measurements used to evaluate Life Banc's performance over the market, the standard measures of volatility play an important role as well.

Life Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in Life Banc without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Life Banc Corporate Management

Elected by the shareholders, the Life Banc's board of directors comprises two types of representatives: Life Banc inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Life. The board's role is to monitor Life Banc's management team and ensure that shareholders' interests are well served. Life Banc's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Life Banc's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael ClareVice President Portfolio ManagerProfile
CA CFAVP ControllerProfile
Jason GoletzVice MarketingProfile
BASc CFAVPProfile

Other Information on Investing in Life Stock

Life Banc financial ratios help investors to determine whether Life Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Life with respect to the benefits of owning Life Banc security.