Life Net Debt vs Total Assets Analysis

LBS Stock

CAD 9.64 0.06 0.62%

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 Net Debt and its Total Assets 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.

Net Debt vs Total Assets

Net Debt vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Life Banc Split Net Debt account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Life Banc's Net Debt and Total Assets is 0.91. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Assets 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 Net Debt and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Life Banc Split are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Debt i.e., Life Banc's Net Debt and Total Assets go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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.

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 29th 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.

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	Accounts Payable	Total Current Liabilities	Net Debt	Cash	Common Stock Total Equity	Non Current Liabilities Total	Common Stock	Short Long Term Debt Total	Other Current Assets	Net Tangible Assets	Long Term Debt
Total Assets		0.94	0.23	0.22	-0.89	0.46	0.25	0.95	0.83	0.29	0.34	0.31	0.96	0.92	-0.64	0.9	0.42	0.91	0.47	0.74	0.91	0.85	0.95	0.64	0.9	0.92
Total Stockholder Equity	0.94		0.44	0.25	-0.84	0.43	0.17	0.79	0.8	0.19	0.26	0.27	0.84	0.76	-0.54	0.8	0.36	0.79	0.48	0.65	0.82	0.86	0.81	0.57	0.91	0.77
Retained Earnings	0.23	0.44		0.11	-0.23	0.18	-0.26	0.06	0.36	0.03	-0.04	0.08	-0.02	0.01	-0.08	0.05	0.07	0.12	0.03	0.12	0.09	0.06	0.09	0.1	0.07	0.09
Non Current Assets Total	0.22	0.25	0.11		0.03	-0.68	-0.02	0.19	0.09	-0.53	-0.79	-0.8	0.18	0.06	0.22	0.1	-0.74	0.2	0.16	-0.33	0.0	0.04	0.07	0.27	0.17	0.22
Non Currrent Assets Other	-0.89	-0.84	-0.23	0.03		-0.73	-0.22	-0.85	-0.92	-0.49	-0.61	-0.58	-0.87	-0.87	0.77	-0.84	-0.69	-0.87	-0.45	-0.79	-0.86	-0.82	-0.92	-0.65	-0.87	-0.86
Other Assets	0.46	0.43	0.18	-0.68	-0.73		0.2	0.44	0.6	0.71	0.93	0.92	0.48	0.52	-0.69	0.52	0.98	0.48	0.19	0.79	0.58	0.51	0.57	0.31	0.47	0.43
Net Receivables	0.25	0.17	-0.26	-0.02	-0.22	0.2		0.31	0.1	0.12	0.11	0.08	0.38	0.28	-0.24	0.3	0.16	0.1	0.21	0.04	0.28	0.35	0.31	0.01	0.34	0.28
Common Stock Shares Outstanding	0.95	0.79	0.06	0.19	-0.85	0.44	0.31		0.78	0.3	0.35	0.3	0.95	0.96	-0.71	0.86	0.41	0.92	0.36	0.72	0.86	0.74	0.98	0.66	0.8	0.96
Other Stockholder Equity	0.83	0.8	0.36	0.09	-0.92	0.6	0.1	0.78		0.29	0.46	0.45	0.77	0.78	-0.73	0.76	0.55	0.81	0.41	0.67	0.77	0.67	0.83	0.75	0.77	0.84
Total Liab	0.29	0.19	0.03	-0.53	-0.49	0.71	0.12	0.3	0.29		0.7	0.68	0.32	0.4	-0.2	0.42	0.72	0.35	0.3	0.57	0.46	0.27	0.42	0.22	0.24	0.22
Total Current Assets	0.34	0.26	-0.04	-0.79	-0.61	0.93	0.11	0.35	0.46	0.7		0.99	0.36	0.49	-0.63	0.4	0.98	0.33	0.16	0.67	0.5	0.47	0.49	0.15	0.4	0.33
Cash And Short Term Investments	0.31	0.27	0.08	-0.8	-0.58	0.92	0.08	0.3	0.45	0.68	0.99		0.29	0.45	-0.6	0.34	0.97	0.26	0.14	0.62	0.46	0.45	0.45	0.08	0.37	0.29
Short Term Investments	0.96	0.84	-0.02	0.18	-0.87	0.48	0.38	0.95	0.77	0.32	0.36	0.29		0.92	-0.65	0.92	0.44	0.93	0.46	0.76	0.9	0.84	0.94	0.68	0.89	0.91
Short Term Debt	0.92	0.76	0.01	0.06	-0.87	0.52	0.28	0.96	0.78	0.4	0.49	0.45	0.92		-0.7	0.85	0.52	0.85	0.43	0.7	0.89	0.8	0.99	0.56	0.83	0.93
Other Current Liab	-0.64	-0.54	-0.08	0.22	0.77	-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
Accounts Payable	0.9	0.8	0.05	0.1	-0.84	0.52	0.3	0.86	0.76	0.42	0.4	0.34	0.92	0.85	-0.6		0.48	0.88	0.71	0.78	0.98	0.76	0.89	0.68	0.82	0.87
Total Current Liabilities	0.42	0.36	0.07	-0.74	-0.69	0.98	0.16	0.41	0.55	0.72	0.98	0.97	0.44	0.52	-0.68	0.48		0.43	0.18	0.75	0.56	0.51	0.55	0.24	0.45	0.4
Net Debt	0.91	0.79	0.12	0.2	-0.87	0.48	0.1	0.92	0.81	0.35	0.33	0.26	0.93	0.85	-0.66	0.88	0.43		0.37	0.83	0.84	0.66	0.9	0.81	0.76	0.9
Cash	0.47	0.48	0.03	0.16	-0.45	0.19	0.21	0.36	0.41	0.3	0.16	0.14	0.46	0.43	-0.17	0.71	0.18	0.37		0.25	0.71	0.5	0.43	0.29	0.54	0.45
Common Stock Total Equity	0.74	0.65	0.12	-0.33	-0.79	0.79	0.04	0.72	0.67	0.57	0.67	0.62	0.76	0.7	-0.67	0.78	0.75	0.83	0.25		0.78	0.6	0.75	0.64	0.61	0.67
Non Current Liabilities Total	0.91	0.82	0.09	0.0	-0.86	0.58	0.28	0.86	0.77	0.46	0.5	0.46	0.9	0.89	-0.63	0.98	0.56	0.84	0.71	0.78		0.81	0.9	0.6	0.84	0.87
Common Stock	0.85	0.86	0.06	0.04	-0.82	0.51	0.35	0.74	0.67	0.27	0.47	0.45	0.84	0.8	-0.57	0.76	0.51	0.66	0.5	0.6	0.81		0.8	0.32	0.97	0.7
Short Long Term Debt Total	0.95	0.81	0.09	0.07	-0.92	0.57	0.31	0.98	0.83	0.42	0.49	0.45	0.94	0.99	-0.73	0.89	0.55	0.9	0.43	0.75	0.9	0.8		0.62	0.84	0.95
Other Current Assets	0.64	0.57	0.1	0.27	-0.65	0.31	0.01	0.66	0.75	0.22	0.15	0.08	0.68	0.56	-0.48	0.68	0.24	0.81	0.29	0.64	0.6	0.32	0.62		0.52	0.69
Net Tangible Assets	0.9	0.91	0.07	0.17	-0.87	0.47	0.34	0.8	0.77	0.24	0.4	0.37	0.89	0.83	-0.6	0.82	0.45	0.76	0.54	0.61	0.84	0.97	0.84	0.52		0.79
Long Term Debt	0.92	0.77	0.09	0.22	-0.86	0.43	0.28	0.96	0.84	0.22	0.33	0.29	0.91	0.93	-0.79	0.87	0.4	0.9	0.45	0.67	0.87	0.7	0.95	0.69	0.79

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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	(72.2K)	(68.6K)
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	730.3M	766.8M
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
Other Stockholder Equity	223.2M	153.1M	301.0M	309.7M	356.2M	374.0M
Total Liab	6.8M	6.5M	7.1M	360.9M	420.6M	441.6M
Total Current Assets	3.1M	3.1M	4.4M	4.5M	730.4M	766.9M
Cash And Short Term Investments	2.0M	2.0M	2.4M	3.0M	728.4M	764.8M
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	(279.8M)	(274.7M)	(305.3M)	(8.3M)	(419.5M)	(398.5M)
Accounts Payable	6.8M	6.5M	7.1M	8.3M	11.3M	6.5M
Total Current Liabilities	6.8M	6.5M	7.1M	8.3M	431.6M	453.2M
Net Debt	271.0M	266.2M	295.7M	349.0M	405.3M	249.8M
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	79.8K	109.9K	49.2K	57.9K	144.3K	151.5K
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

0.86	AEMC	Alaska Energy Metals	Pair Corr
0.79	EOG	Eco Atlantic Oil	Pair Corr
0.61	CMC	Cielo Waste Solutions	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 Net Debt vs Total Assets Analysis

Net Debt vs Total Assets

Net Debt vs Total Assets Correlation Analysis

Correlation Coefficient

Net Debt

Total Assets

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

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Cash And Short Term Investments	+ 0.99	Total Current Assets
Short Long Term Debt Total	+ 0.99	Short Term Debt
Total Current Liabilities	+ 0.98	Other Assets
Short Long Term Debt Total	+ 0.98	Common Stock Shares Outstanding
Total Current Liabilities	+ 0.98	Total Current Assets
Non Current Liabilities Total	+ 0.98	Accounts Payable

Short Long Term Debt Total	- 0.92	Non Currrent Assets Other
Other Stockholder Equity	- 0.92	Non Currrent Assets Other
Non Currrent Assets Other	- 0.89	Total Assets
Net Tangible Assets	- 0.87	Non Currrent Assets Other
Net Debt	- 0.87	Non Currrent Assets Other
Short Term Debt	- 0.87	Non Currrent Assets Other