LB.TO
Price:
$26.44
Market Cap:
$1.16B
Laurentian Bank of Canada, together with its subsidiaries, provides various financial services to personal, business, and institutional customers in Canada and the United States. It operates through three segments: Personal Banking, Commercial Banking, and Capital Markets. The company offers notice, demand, and term deposits; commercial, residential mortgage, and personal loans; real estate, and equipment and inventory financing; and credit life and disability insurance products. It also provides investment securities services; research, market analysis, and advisory services; corporate underwriting services for debt and equity; and administrative, foreign exchange, and trustee services. The...[Read more]
Industry
Banks - Regional
IPO Date
1995-01-12
Stock Exchange
TSX
Ticker
LB.TO
According to Laurentian Bank of Canada’s latest financial reports and current stock price. The company's current Current Ratio is 0.16. This represents a change of -76.05% compared to the average of 0.69 of the last 4 quarters.
The mean historical Current Ratio of Laurentian Bank of Canada over the last ten years is 2.60. The current 0.16 Current Ratio has changed 530.80% with respect to the historical average. Over the past ten years (40 quarters), LB.TO's Current Ratio was at its highest in in the October 2015 quarter at 4.86. The Current Ratio was at its lowest in in the January 2015 quarter at 0.
Average
2.60
Median
2.86
Minimum
1.12
Maximum
4.86
Discovering the peaks and valleys of Laurentian Bank of Canada Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 116.57%
Maximum Annual Current Ratio = 4.86
Minimum Annual Increase = -62.53%
Minimum Annual Current Ratio = 1.12
Year | Current Ratio | Change |
---|---|---|
2023 | 1.63 | -36.94% |
2022 | 2.59 | 116.57% |
2021 | 1.20 | 6.63% |
2020 | 1.12 | -12.12% |
2019 | 1.28 | -62.53% |
2018 | 3.40 | 8.90% |
2017 | 3.13 | -2.81% |
2016 | 3.22 | -33.81% |
2015 | 4.86 | 34.52% |
2014 | 3.61 | 11.31% |
The current Current Ratio of Laurentian Bank of Canada (LB.TO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.81
5-year avg
1.56
10-year avg
2.60
Laurentian Bank of Canada’s Current Ratio is less than Canadian Western Bank (0.76), less than National Bank of Canada (0.86), less than Canadian Imperial Bank of Commerce (1.80), less than Great-West Lifeco Inc. (11.38), less than Power Corporation of Canada (8.69),
Company | Current Ratio | Market cap |
---|---|---|
0.76 | $5.52B | |
0.86 | $45.07B | |
1.80 | $82.40B | |
11.38 | $43.62B | |
8.69 | $28.62B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Laurentian Bank of Canada using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Laurentian Bank of Canada or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Laurentian Bank of Canada's Current Ratio?
How is the Current Ratio calculated for Laurentian Bank of Canada (LB.TO)?
What is the highest Current Ratio for Laurentian Bank of Canada (LB.TO)?
What is the 3-year average Current Ratio for Laurentian Bank of Canada (LB.TO)?
What is the 5-year average Current Ratio for Laurentian Bank of Canada (LB.TO)?
How does the current Current Ratio for Laurentian Bank of Canada (LB.TO) compare to its historical average?