Byline Short Term Debt vs Accounts Payable Analysis

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 Short Term Debt and its Accounts Payable 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.

Short Term Debt vs Accounts Payable

Short Term Debt vs Accounts Payable 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 Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Byline Bancorp's Short Term Debt and Accounts Payable is -0.27. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Accounts Payable 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 Accounts Payable 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 Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Short Term Debt i.e., Byline Bancorp's Short Term Debt and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.27
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Debt

Accounts Payable

An accounting item on the balance sheet that represents Byline Bancorp obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Byline Bancorp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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.
 2021 2022 2023 2024 (projected)
Interest Income248.9M301.6M437.2M246.5M
Net Interest Income236.4M265.3M320.4M210.5M

Byline Bancorp fundamental ratios Correlations

0.810.21-0.550.97-0.830.96-0.880.790.920.60.930.610.6-0.510.790.170.940.97-0.790.960.860.810.580.92-0.77
0.810.19-0.140.81-0.740.84-0.950.870.760.220.740.220.23-0.170.850.510.810.8-0.70.80.730.690.190.8-0.46
0.210.190.150.25-0.310.27-0.10.470.06-0.16-0.06-0.1-0.12-0.06-0.090.460.160.25-0.220.270.43-0.14-0.10.250.08
-0.55-0.140.15-0.480.46-0.410.41-0.15-0.74-0.98-0.59-0.99-0.970.85-0.340.65-0.54-0.460.37-0.49-0.4-0.75-0.99-0.390.94
0.970.810.25-0.48-0.791.0-0.860.860.890.540.860.540.56-0.430.680.220.850.99-0.840.980.840.70.530.97-0.68
-0.83-0.74-0.310.46-0.79-0.780.76-0.68-0.81-0.48-0.67-0.53-0.460.69-0.68-0.33-0.78-0.810.66-0.86-0.95-0.72-0.48-0.730.67
0.960.840.27-0.411.0-0.78-0.880.90.860.470.840.480.51-0.380.690.290.850.98-0.850.970.830.680.470.97-0.63
-0.88-0.95-0.10.41-0.860.76-0.88-0.83-0.9-0.47-0.84-0.48-0.50.38-0.88-0.25-0.89-0.840.75-0.85-0.75-0.85-0.45-0.830.68
0.790.870.47-0.150.86-0.680.9-0.830.710.240.580.240.28-0.170.550.450.690.84-0.750.830.70.490.230.85-0.4
0.920.760.06-0.740.89-0.810.86-0.90.710.790.880.790.79-0.670.77-0.070.890.87-0.730.890.770.930.770.82-0.92
0.60.22-0.16-0.980.54-0.480.47-0.470.240.790.620.990.97-0.80.37-0.630.570.52-0.410.540.40.770.980.44-0.95
0.930.74-0.06-0.590.86-0.670.84-0.840.580.880.620.620.61-0.430.860.030.930.86-0.710.840.730.860.590.82-0.78
0.610.22-0.1-0.990.54-0.530.48-0.480.240.790.990.620.97-0.860.39-0.590.580.52-0.420.550.470.791.00.44-0.96
0.60.23-0.12-0.970.56-0.460.51-0.50.280.790.970.610.97-0.80.36-0.620.570.52-0.50.540.40.760.980.5-0.93
-0.51-0.17-0.060.85-0.430.69-0.380.38-0.17-0.67-0.8-0.43-0.86-0.8-0.340.38-0.5-0.410.29-0.48-0.58-0.67-0.84-0.310.83
0.790.85-0.09-0.340.68-0.680.69-0.880.550.770.370.860.390.36-0.340.260.890.68-0.530.680.680.860.340.63-0.61
0.170.510.460.650.22-0.330.29-0.250.45-0.07-0.630.03-0.59-0.620.380.260.120.27-0.250.280.43-0.16-0.620.280.42
0.940.810.16-0.540.85-0.780.85-0.890.690.890.570.930.580.57-0.50.890.120.84-0.680.840.780.860.540.8-0.77
0.970.80.25-0.460.99-0.810.98-0.840.840.870.520.860.520.52-0.410.680.270.84-0.840.990.860.690.50.96-0.67
-0.79-0.7-0.220.37-0.840.66-0.850.75-0.75-0.73-0.41-0.71-0.42-0.50.29-0.53-0.25-0.68-0.84-0.87-0.7-0.56-0.4-0.940.54
0.960.80.27-0.490.98-0.860.97-0.850.830.890.540.840.550.54-0.480.680.280.840.99-0.870.90.710.530.96-0.69
0.860.730.43-0.40.84-0.950.83-0.750.70.770.40.730.470.4-0.580.680.430.780.86-0.70.90.670.430.78-0.6
0.810.69-0.14-0.750.7-0.720.68-0.850.490.930.770.860.790.76-0.670.86-0.160.860.69-0.560.710.670.760.62-0.91
0.580.19-0.1-0.990.53-0.480.47-0.450.230.770.980.591.00.98-0.840.34-0.620.540.5-0.40.530.430.760.43-0.94
0.920.80.25-0.390.97-0.730.97-0.830.850.820.440.820.440.5-0.310.630.280.80.96-0.940.960.780.620.43-0.59
-0.77-0.460.080.94-0.680.67-0.630.68-0.4-0.92-0.95-0.78-0.96-0.930.83-0.610.42-0.77-0.670.54-0.69-0.6-0.91-0.94-0.59
Click cells to compare fundamentals

Byline Bancorp Account Relationship Matchups

Byline Bancorp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.5B6.4B6.7B7.4B8.9B6.0B
Short Long Term Debt Total577.0M757.7M1.2B1.4B513.2M697.8M
Other Current Liab(3.7M)273.0M(262K)(4.5M)(11.3M)(10.7M)
Total Current Liabilities3.7M1.5M262K4.5M(358.2M)(340.3M)
Total Stockholder Equity750.1M805.5M836.4M765.8M990.2M712.3M
Other Liab43.9M46.1M1.4M4.2M3.8M3.6M
Net Tangible Assets559.4M622.4M660.4M606.9M698.0M510.8M
Property Plant And Equipment Net96.1M86.7M62.5M56.8M79.1M70.4M
Net Debt446.6M674.3M472.2M572.1M287.0M422.3M
Retained Earnings159.0M191.1M271.7M335.8M429.0M450.5M
Accounts Payable3.7M1.5M262K4.5M22.2M23.3M
Cash80.7M83.4M157.9M179.4M226.1M122.1M
Non Current Assets Total1.5B1.7B1.7B1.4B8.7B9.1B
Non Currrent Assets Other(59.4M)(59.9M)(60.3M)(108.7M)8.1B8.6B
Other Assets2.5B2.7B2.9B4.0B(32.8M)(31.2M)
Long Term Debt37.3M109.8M630.1M751.4M487.7M263.2M
Cash And Short Term Investments1.3B1.5B1.6B1.4B226.1M214.8M
Net Receivables236.9M443.4M474.8M717.2M736.8M407.3M
Common Stock Total Equity379K384K387K389K350.1K332.6K
Common Stock Shares Outstanding38.0M38.3M38.4M37.5M40.4M37.2M
Short Term Investments1.2B1.4B1.5B1.2B1.3B1.1B
Long Term Debt Total37.3M109.8M630.1M751.4M864.1M907.3M
Liabilities And Stockholders Equity5.5B6.4B6.7B7.4B8.9B6.0B
Non Current Liabilities Total527.3M757.7M630.1M4.5M7.9B8.3B
Capital Surpluse581.0M587.2M593.8M598.3M688.0M453.9M
Inventory(119.3M)(123.5M)(188.1M)(382.1M)(963.0M)(914.8M)
Other Current Assets119.3M123.5M188.1M222.6M275.7M262.0M
Other Stockholder Equity581.0M585.5M562.2M547.2M660.8M473.9M
Total Liab4.8B5.6B5.9B6.6B7.9B5.3B
Long Term Investments1.2B5.7B1.5B1.2B1.4B1.8B
Property Plant And Equipment Gross96.1M86.7M107.3M102.8M112.5M111.9M
Total Current Assets1.5B2.0B2.1B1.9B226.1M214.8M
Accumulated Other Comprehensive Income(700K)18.0M(8.3M)(117.6M)(100.1M)(95.1M)
Short Term Debt539.6M276.0M524.0M643.8M11.3M10.7M
Intangible Assets31.9M24.3M17.2M10.5M21.8M17.6M
Common Stock379K384K387K389K451K428.5K
Property Plant Equipment96.1M86.7M62.5M56.8M51.1M71.2M

Also Currently Popular

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.

Additional Tools for Byline Stock Analysis

When running Byline Bancorp's price analysis, check to 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.