Byline Total Current Liabilities from 2010 to 2024
| BY Stock | USD 23.28 0.48 2.11% |
Total Current Liabilities | First Reported 2015-12-31 | Previous Quarter 6.4 B | Current Value 4.1 B | Quarterly Volatility 1.6 B |
Check Byline Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Byline main balance sheet or income statement drivers, such as Tax Provision of 35.9 M, Net Interest Income of 210.5 M or Interest Income of 246.5 M, as well as many exotic indicators such as Price To Sales Ratio of 3.52, Dividend Yield of 0.0098 or PTB Ratio of 1.35. Byline financial statements analysis is a perfect complement when working with Byline Bancorp Valuation or Volatility modules.
Byline | Total Current Liabilities |
Latest Byline Bancorp's Total Current Liabilities Growth Pattern
Below is the plot of the Total Current Liabilities of Byline Bancorp over the last few years. Total Current Liabilities is an item on Byline Bancorp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Byline Bancorp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is the total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. Byline Bancorp's Total Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Byline Bancorp's overall financial position and show how it may be relating to other accounts over time.
| Total Current Liabilities | 10 Years Trend |
|
Total Current Liabilities |
| Timeline |
Byline Total Current Liabilities Regression Statistics
| Arithmetic Mean | 876,941,737 | |
| Geometric Mean | 5,121,811 | |
| Coefficient Of Variation | 262.97 | |
| Mean Deviation | 1,514,137,677 | |
| Median | 1,306,000 | |
| Standard Deviation | 2,306,067,430 | |
| Sample Variance | 5317947T | |
| Range | 6.7B | |
| R-Value | 0.59 | |
| Mean Square Error | 3725229.3T | |
| R-Squared | 0.35 | |
| Significance | 0.02 | |
| Slope | 304,861,073 | |
| Total Sum of Squares | 74451257.9T |
Byline Total Current Liabilities History
About Byline Bancorp Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Byline Bancorp income statement, its balance sheet, and the statement of cash flows. Byline Bancorp investors use historical funamental indicators, such as Byline Bancorp's Total Current Liabilities, to determine how well the company is positioned to perform in the future. Although Byline Bancorp investors may use each financial statement separately, they are all related. The changes in Byline Bancorp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Byline Bancorp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Byline Bancorp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Byline Bancorp. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Total Current Liabilities | 6.4 B | 6.7 B |
Pair Trading with Byline Bancorp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Byline Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Byline Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with Byline Stock
| 0.85 | AX | Axos Financial Fiscal Year End 25th of July 2024 | PairCorr |
| 0.62 | PB | Prosperity Bancshares Financial Report 24th of July 2024 | PairCorr |
Moving against Byline Stock
| 0.51 | ECBK | ECB Bancorp | PairCorr |
The ability to find closely correlated positions to Byline Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Byline Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Byline Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Byline Bancorp to buy it.
The correlation of Byline Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Byline Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Byline Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Byline Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Byline Bancorp Correlation against competitors. For more information on how to buy Byline Stock please use our How to Invest in Byline Bancorp guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary 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.
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. |
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 8.809 | 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.