Byke Long Term Debt vs Total Revenue Analysis

BYKE Stock   88.50  4.11  4.87%   
Byke Hospitality financial indicator trend analysis is way more than just evaluating Byke Hospitality prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Byke Hospitality is a good investment. Please check the relationship between Byke Hospitality Long Term Debt and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Byke Hospitality. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Long Term Debt vs Total Revenue

Long Term Debt vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Byke Hospitality Long Term Debt account and Total Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Byke Hospitality's Long Term Debt and Total Revenue is -0.48. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Revenue in the same time period over historical financial statements of The Byke Hospitality, assuming nothing else is changed. The correlation between historical values of Byke Hospitality's Long Term Debt and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of The Byke Hospitality are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Long Term Debt i.e., Byke Hospitality's Long Term Debt and Total Revenue go up and down completely randomly.

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

Long Term Debt

Long-term debt is a debt that Byke Hospitality has held for over one year. Long-term debt appears on The Byke Hospitality balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on The Byke Hospitality balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Total Revenue

Total revenue comprises all receipts Byke Hospitality generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Byke Hospitality's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Byke Hospitality 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 The Byke Hospitality. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 20.6 M in 2024. Tax Provision is likely to gain to about (18.4 M) in 2024
 2021 2022 2023 2024 (projected)
Gross Profit643.2M800.0M542.6M942.3M
Total Revenue932.9M1.1B838.6M1.2B

Byke Hospitality fundamental ratios Correlations

-0.40.720.970.970.730.580.98-0.050.40.90.650.680.960.250.010.850.860.880.770.01-0.430.90.590.760.23
-0.4-0.09-0.35-0.4-0.51-0.2-0.440.02-0.34-0.310.17-0.51-0.50.230.24-0.42-0.23-0.13-0.530.210.3-0.48-0.58-0.53-0.28
0.72-0.090.680.680.40.430.65-0.050.00.790.730.30.640.52-0.050.650.750.650.420.44-0.220.620.30.4-0.02
0.97-0.350.680.880.540.680.9-0.120.450.930.640.50.940.310.00.690.910.910.590.01-0.410.940.440.640.01
0.97-0.40.680.880.840.381.0-0.030.340.80.640.780.930.110.070.920.70.790.870.02-0.480.810.730.790.38
0.73-0.510.40.540.840.080.830.10.210.450.30.940.71-0.14-0.020.950.340.470.99-0.14-0.40.520.870.820.76
0.58-0.20.430.680.380.080.44-0.040.490.70.320.10.60.29-0.010.250.790.560.16-0.120.110.67-0.050.37-0.17
0.98-0.440.650.91.00.830.44-0.060.380.810.60.780.960.090.040.910.720.80.86-0.03-0.480.850.730.80.36
-0.050.02-0.05-0.12-0.030.1-0.04-0.060.35-0.22-0.010.24-0.220.170.220.110.0-0.020.11-0.05-0.02-0.16-0.210.460.25
0.4-0.340.00.450.340.210.490.380.350.310.180.440.41-0.030.250.210.370.390.3-0.23-0.070.480.110.490.15
0.9-0.310.790.930.80.450.70.81-0.220.310.660.420.890.39-0.120.640.910.840.50.06-0.340.920.430.52-0.08
0.650.170.730.640.640.30.320.6-0.010.180.660.290.560.420.510.530.640.690.320.55-0.140.410.120.250.02
0.68-0.510.30.50.780.940.10.780.240.440.420.290.65-0.140.050.880.320.450.96-0.21-0.380.510.810.840.76
0.96-0.50.640.940.930.710.60.96-0.220.410.890.560.650.06-0.020.80.780.790.75-0.08-0.410.910.660.690.21
0.250.230.520.310.11-0.140.290.090.17-0.030.390.42-0.140.06-0.140.090.570.49-0.120.480.050.25-0.290.01-0.31
0.010.24-0.050.00.07-0.02-0.010.040.220.25-0.120.510.05-0.02-0.140.02-0.07-0.05-0.020.490.05-0.26-0.24-0.030.08
0.85-0.420.650.690.920.950.250.910.110.210.640.530.880.80.090.020.560.630.960.02-0.380.640.780.830.62
0.86-0.230.750.910.70.340.790.720.00.370.910.640.320.780.57-0.070.560.880.390.1-0.220.850.160.53-0.11
0.88-0.130.650.910.790.470.560.8-0.020.390.840.690.450.790.49-0.050.630.880.510.03-0.260.810.310.540.05
0.77-0.530.420.590.870.990.160.860.110.30.50.320.960.75-0.12-0.020.960.390.51-0.16-0.390.580.860.850.74
0.010.210.440.010.02-0.14-0.12-0.03-0.05-0.230.060.55-0.21-0.080.480.490.020.10.03-0.160.06-0.19-0.25-0.26-0.21
-0.430.3-0.22-0.41-0.48-0.40.11-0.48-0.02-0.07-0.34-0.14-0.38-0.410.050.05-0.38-0.22-0.26-0.390.06-0.46-0.5-0.470.14
0.9-0.480.620.940.810.520.670.85-0.160.480.920.410.510.910.25-0.260.640.850.810.58-0.19-0.460.530.65-0.03
0.59-0.580.30.440.730.87-0.050.73-0.210.110.430.120.810.66-0.29-0.240.780.160.310.86-0.25-0.50.530.620.57
0.76-0.530.40.640.790.820.370.80.460.490.520.250.840.690.01-0.030.830.530.540.85-0.26-0.470.650.620.5
0.23-0.28-0.020.010.380.76-0.170.360.250.15-0.080.020.760.21-0.310.080.62-0.110.050.74-0.210.14-0.030.570.5
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Byke Hospitality Account Relationship Matchups

Byke Hospitality fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.6B2.6B2.6B2.5B2.7B1.7B
Other Current Liab28.0M1.4M10.5M18.8M15.9M15.1M
Total Current Liabilities375.3M346.1M352.6M348.3M180.2M246.8M
Total Stockholder Equity1.9B1.7B1.6B1.6B2.0B1.2B
Property Plant And Equipment Net1.6B1.6B1.6B1.7B1.5B993.8M
Net Debt538.8M770.8M915.7M760.2M522.0M262.8M
Cash29.8M33.0M51.0M21.0M67.3M35.0M
Non Current Assets Total1.9B2.0B1.9B2.0B1.9B1.2B
Non Currrent Assets Other6K(3K)(1K)71.0M389.6M409.1M
Cash And Short Term Investments29.8M33.0M51.0M92.9M217.4M228.3M
Net Receivables269.6M248.7M252.2M207.8M200.8M200.3M
Liabilities And Stockholders Equity2.6B2.6B2.6B2.5B2.7B1.7B
Non Current Liabilities Total372.7M588.6M703.8M525.3M467.6M491.0M
Inventory164.5M157.6M168.3M167.3M166.1M98.8M
Other Current Assets232.4M240.7M268.2M113.5M184.4M225.3M
Total Liab748.0M934.7M1.1B873.6M647.8M462.4M
Total Current Assets696.2M679.9M739.7M509.5M768.7M516.8M
Accumulated Other Comprehensive Income(621.2M)(770.7M)(938.5M)18M61.9M65.0M
Short Long Term Debt Total568.6M803.8M966.7M781.2M589.3M382.9M
Accounts Payable42.4M37.8M36.0M34.9M34.5M34.9M
Current Deferred Revenue(260.5M)9.9M33.8M41.2M96K91.2K
Retained Earnings1.3B1.1B952.2M975.6M1.1B910.5M
Short Term Debt260.5M263.5M282.8M294.5M129.9M173.7M
Other Assets312.0M311.1M314.3M290.8M334.4M214.3M
Long Term Debt797K71.3M118.1M89.5M58.4M43.8M
Long Term Debt Total131K308.1M540.3M683.9M786.4M825.8M
Property Plant Equipment1.2B1.6B1.6B1.6B1.8B1.3B
Other Liab87.6M64.7M48.3M20.0M18.0M17.1M
Net Tangible Assets1.8B1.9B1.7B1.6B1.8B1.8B
Short Long Term Debt201.3M201.7M149.2M149.2M48.8M46.3M
Short Term Investments(912K)225.2M238.8M71.9M150.1M108.9M
Net Invested Capital2.1B2.0B1.8B1.8B2.1B1.6B
Net Working Capital321.0M333.8M387.1M161.2M588.5M312.8M
Intangible Assets24.8M18.8M12.5M6.3M5.6M5.3M

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