Byline Short Term Debt vs Short Term Investments Analysis
BY Stock | USD 23.99 0.20 0.84% |
Byline Bancorp financial indicator trend analysis is way more than just evaluating Byline Bancorp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Byline Bancorp is a good investment. Please check the relationship between Byline Bancorp Short Term Debt and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Byline Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Byline Stock please use our How to Invest in Byline Bancorp guide.
Short Term Debt vs Short Term Investments
Short Term Debt vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Byline Bancorp Short Term Debt account and Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Byline Bancorp's Short Term Debt and Short Term Investments is 0.7. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Byline Bancorp, assuming nothing else is changed. The correlation between historical values of Byline Bancorp's Short Term Debt and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Byline Bancorp are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Short Term Debt i.e., Byline Bancorp's Short Term Debt and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Short Term Debt
Short Term Investments
Short Term Investments is an item under the current assets section of Byline Bancorp balance sheet. It contains any investments Byline Bancorp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Byline Bancorp can easily liquidate in the marketplace.Most indicators from Byline Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Byline Bancorp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Byline Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Byline Stock please use our How to Invest in Byline Bancorp guide.At this time, Byline Bancorp's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 1.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 95.1 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 248.9M | 301.6M | 437.2M | 246.5M | Net Interest Income | 236.4M | 265.3M | 320.4M | 210.5M |
Byline Bancorp fundamental ratios Correlations
Click cells to compare fundamentals
Byline Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Byline Bancorp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.5B | 6.4B | 6.7B | 7.4B | 9.0B | 6.0B | |
Short Long Term Debt Total | 527.3M | 757.7M | 630.1M | 751.4M | 553.8M | 549.4M | |
Other Current Liab | (3.7M) | (1.5M) | (262K) | (4.5M) | 6.0B | 6.3B | |
Total Current Liabilities | 3.7M | 1.5M | 262K | 4.5M | 6.4B | 6.7B | |
Total Stockholder Equity | 750.1M | 805.5M | 836.4M | 765.8M | 990.2M | 712.3M | |
Other Liab | 43.9M | 46.1M | 1.4M | 4.2M | 3.8M | 3.6M | |
Net Tangible Assets | 559.4M | 622.4M | 660.4M | 606.9M | 698.0M | 510.8M | |
Property Plant And Equipment Net | 96.1M | 86.7M | 62.5M | 56.8M | 79.1M | 70.4M | |
Net Debt | 446.6M | 674.3M | 472.2M | 572.1M | 327.6M | 427.3M | |
Retained Earnings | 159.0M | 191.1M | 271.7M | 335.8M | 429.0M | 450.5M | |
Accounts Payable | 3.7M | 1.5M | 262K | 4.5M | 22.2M | 23.3M | |
Cash | 80.7M | 83.4M | 157.9M | 179.4M | 226.1M | 122.1M | |
Non Current Assets Total | 1.5B | 1.7B | 1.7B | 1.4B | 8.7B | 9.1B | |
Non Currrent Assets Other | (59.4M) | (59.9M) | (60.3M) | (108.7M) | 8.0B | 8.4B | |
Other Assets | 2.5B | 2.7B | 2.9B | 4.0B | 3.6B | 3.0B | |
Long Term Debt | 37.3M | 109.8M | 630.1M | 751.4M | 487.7M | 263.2M | |
Cash And Short Term Investments | 1.3B | 1.5B | 1.6B | 1.4B | 226.1M | 214.8M | |
Net Receivables | 236.9M | 443.4M | 474.8M | 717.2M | 736.8M | 407.3M | |
Common Stock Total Equity | 379K | 384K | 387K | 389K | 350.1K | 332.6K | |
Common Stock Shares Outstanding | 38.0M | 38.3M | 38.4M | 37.5M | 40.4M | 37.2M | |
Short Term Investments | 1.2B | 1.4B | 1.5B | 1.2B | 1.3B | 1.1B | |
Long Term Debt Total | 37.3M | 109.8M | 630.1M | 751.4M | 864.1M | 907.3M | |
Liabilities And Stockholders Equity | 5.5B | 6.4B | 6.7B | 7.4B | 9.0B | 6.0B | |
Non Current Liabilities Total | 527.3M | 757.7M | 630.1M | 4.5M | 1.6B | 1.7B | |
Capital Surpluse | 581.0M | 587.2M | 593.8M | 598.3M | 688.0M | 453.9M | |
Inventory | (119.3M) | (123.5M) | (188.1M) | (382.1M) | (963.0M) | (914.8M) | |
Other Current Assets | 119.3M | 123.5M | 188.1M | 222.6M | 275.7M | 262.0M | |
Other Stockholder Equity | 581.0M | 585.5M | 562.2M | 547.2M | 660.8M | 473.9M | |
Total Liab | 4.8B | 5.6B | 5.9B | 6.6B | 8.0B | 5.3B | |
Long Term Investments | 1.2B | 5.7B | 1.5B | 1.2B | 1.4B | 1.8B | |
Property Plant And Equipment Gross | 96.1M | 86.7M | 107.3M | 102.8M | 112.5M | 111.9M | |
Total Current Assets | 1.5B | 2.0B | 2.1B | 1.9B | 275.7M | 262.0M | |
Accumulated Other Comprehensive Income | (700K) | 18.0M | (8.3M) | (117.6M) | (100.1M) | (95.1M) | |
Short Term Debt | 539.6M | 276.0M | 524.0M | 643.8M | 369.4M | 343.5M | |
Intangible Assets | 31.9M | 24.3M | 17.2M | 10.5M | 21.8M | 17.6M | |
Common Stock | 379K | 384K | 387K | 389K | 451K | 428.5K | |
Property Plant Equipment | 96.1M | 86.7M | 62.5M | 56.8M | 51.1M | 71.2M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Byline Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Byline Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Byline Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Byline Bancorp Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Byline Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Byline Stock please use our How to Invest in Byline Bancorp guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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Is Byline Bancorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Byline Bancorp. If investors know Byline will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Byline Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.094 | Dividend Share 0.36 | Earnings Share 2.73 | Revenue Per Share 8.808 | Quarterly Revenue Growth 0.165 |
The market value of Byline Bancorp is measured differently than its book value, which is the value of Byline that is recorded on the company's balance sheet. Investors also form their own opinion of Byline Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Byline Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Byline Bancorp's market value can be influenced by many factors that don't directly affect Byline Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Byline Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Byline Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Byline Bancorp'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.