LBS.TO
Price:
$11.28
Market Cap:
$578.03M
Life & Banc Split Corp. is a closed-ended equity mutual fund launched and managed by Brompton Funds Limited. The fund invests in the public equity markets of Canada. It seeks to invest in stocks of companies operating across banking and life insurance sector. The fund primarily invests in the stocks of the six largest banks of the country, as well as of life insurance companies, utilizing a split share structure on a low cost basis. It benchmarks the performance of its portfolio against the S&P/TSX Capped Financials Index and S&P/TSX Composite Index. Life & Banc Split Corp. was formed on September 6, 2006 and is domiciled in Canada.
Industry
Asset Management
IPO Date
2006-10-17
Stock Exchange
TSX
Ticker
LBS.TO
According to Life & Banc Split Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 2.03. This represents a change of -88.11% compared to the average of 17.11 of the last 4 quarters.
The mean historical Current Ratio of Life & Banc Split Corp. over the last ten years is 6.91. The current 2.03 Current Ratio has changed 2.84% with respect to the historical average. Over the past ten years (40 quarters), LBS.TO's Current Ratio was at its highest in in the December 2023 quarter at 64.68. The Current Ratio was at its lowest in in the January 2006 quarter at 0.
Average
6.91
Median
0.51
Minimum
0.01
Maximum
64.68
Discovering the peaks and valleys of Life & Banc Split Corp. 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 = 12.00%
Maximum Annual Current Ratio = 64.68
Minimum Annual Increase = -99.98%
Minimum Annual Current Ratio = 0.01
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.01 | -99.98% |
| 2023 | 64.68 | 12.00% |
| 2022 | 0.53 | -12.64% |
| 2021 | 0.61 | 28.13% |
| 2020 | 0.48 | 4.33% |
| 2019 | 0.46 | -25.26% |
| 2018 | 0.61 | -19.96% |
| 2017 | 0.76 | 68.10% |
| 2016 | 0.45 | -6.43% |
| 2015 | 0.49 | -3.95% |
The current Current Ratio of Life & Banc Split Corp. (LBS.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
21.74
5-year avg
13.26
10-year avg
6.91
Life & Banc Split Corp.’s Current Ratio is less than Canadian Banc Corp. (12.02), greater than North American Financial 15 Split Corp. (0), greater than Dividend Growth Split Corp. (1.21), greater than Brompton Split Banc Corp. (0.31), greater than Aimia Inc. (1.99), greater than Financial 15 Split Corp. (1.98), greater than Fiera Capital Corporation (1.44), greater than Queen's Road Capital Investment Ltd. (0.27), greater than Atrium Mortgage Investment Corporation (1.20), greater than VersaBank (0.14),
| Company | Current Ratio | Market cap |
|---|---|---|
| 12.02 | $597.04M | |
| 0 | $512.30M | |
| 1.21 | $372.14M | |
| 0.31 | $326.33M | |
| 1.99 | $508.95M | |
| 1.98 | $753.93M | |
| 1.44 | $639.74M | |
| 0.27 | $429.75M | |
| 1.20 | $543.14M | |
| 0.14 | $558.11M |
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