BY Stock | | | USD 31.52 0.25 0.79% |
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 Property Plant And Equipment Net and its Cash 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 closely tied 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.
Property Plant And Equipment Net vs Cash
Property Plant And Equipment Net vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Byline Bancorp Property Plant And Equipment Net account and
Cash. At this time, the significance of the direction appears to have pay attention.
The correlation between Byline Bancorp's Property Plant And Equipment Net and Cash is -0.84. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Cash 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 Property Plant And Equipment Net and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Byline Bancorp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Property Plant And Equipment Net i.e., Byline Bancorp's Property Plant And Equipment Net and Cash go up and down completely randomly.
Correlation Coefficient | -0.84 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Cash
Cash refers to the most liquid asset of Byline Bancorp, which is listed under current asset account on Byline Bancorp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Byline Bancorp customers. The amounts must be unrestricted with restricted cash listed in a different Byline Bancorp account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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 closely tied 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.
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
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Additional Tools for Byline Stock Analysis
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measure Byline Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Byline Bancorp is operating at the current time. Most of Byline Bancorp's value examination focuses on studying past and present price action to
predict the probability of Byline Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Byline Bancorp's price. Additionally, you may evaluate how the addition of Byline Bancorp to your portfolios can decrease your overall portfolio volatility.