Baylin Short Long Term Debt Total vs Non Current Liabilities Total Analysis
BYL Stock | CAD 0.47 0.01 2.08% |
Baylin Technologies financial indicator trend analysis is way more than just evaluating Baylin Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Baylin Technologies is a good investment. Please check the relationship between Baylin Technologies Short Long Term Debt Total and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baylin Technologies. 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.
Short Long Term Debt Total vs Non Current Liabilities Total
Short Long Term Debt Total vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baylin Technologies Short Long Term Debt Total account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Baylin Technologies' Short Long Term Debt Total and Non Current Liabilities Total is 0.88. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Baylin Technologies, assuming nothing else is changed. The correlation between historical values of Baylin Technologies' Short Long Term Debt Total and Non Current Liabilities Total 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 Long Term Debt Total of Baylin Technologies are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Short Long Term Debt Total i.e., Baylin Technologies' Short Long Term Debt Total and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Short Long Term Debt Total
Non Current Liabilities Total
Most indicators from Baylin Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Baylin Technologies 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 Baylin Technologies. 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. At this time, Baylin Technologies' Selling General Administrative is very stable compared to the past year. As of the 25th of November 2024, Enterprise Value Over EBITDA is likely to grow to 176.98, while Tax Provision is likely to drop about 138.7 K.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.5M | 3.7M | 4.4M | 2.8M | Depreciation And Amortization | 11.0M | 7.9M | 3.9M | 7.1M |
Baylin Technologies fundamental ratios Correlations
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Baylin Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Baylin Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 147.6M | 133.5M | 93.0M | 74.4M | 59.7M | 101.6M | |
Short Long Term Debt Total | 62.8M | 58.4M | 48.8M | 44.8M | 28.7M | 31.9M | |
Other Current Liab | 728K | 1.3M | 6.8M | 6.3M | 16.3M | 17.1M | |
Total Current Liabilities | 36.8M | 36.5M | 61.9M | 65.5M | 47.8M | 39.3M | |
Total Stockholder Equity | 58.9M | 48.9M | 11.8M | (3.3M) | (36K) | (34.2K) | |
Property Plant And Equipment Net | 33.9M | 36.3M | 22.3M | 19.5M | 12.2M | 19.2M | |
Current Deferred Revenue | 5.1M | 4.8M | 1.6M | 5.4M | 3.8M | 3.6M | |
Net Debt | 48.9M | 47.2M | 29.1M | 37.4M | 23.8M | 24.9M | |
Retained Earnings | (91.6M) | (108.5M) | (175.9M) | (192.8M) | (206.7M) | (196.3M) | |
Accounts Payable | 14.8M | 15.2M | 20.2M | 18.6M | 9.1M | 16.1M | |
Cash | 14.0M | 11.2M | 19.7M | 7.4M | 4.9M | 4.7M | |
Non Current Assets Total | 83.3M | 75.5M | 31.9M | 23.9M | 16.5M | 15.7M | |
Non Currrent Assets Other | 3.1M | 727K | 214K | 79K | 1.2M | 664.8K | |
Cash And Short Term Investments | 14.0M | 11.2M | 19.7M | 7.4M | 4.9M | 4.7M | |
Net Receivables | 27.3M | 25.2M | 22.4M | 22.8M | 10.9M | 20.5M | |
Common Stock Total Equity | 109.2M | 136.7M | 137.2M | 142.2M | 163.5M | 117.9M | |
Common Stock Shares Outstanding | 40.2M | 40.7M | 61.8M | 80.2M | 87.3M | 91.7M | |
Liabilities And Stockholders Equity | 147.6M | 133.5M | 93.0M | 74.4M | 59.7M | 101.6M | |
Non Current Liabilities Total | 51.8M | 48.1M | 19.4M | 12.1M | 12.0M | 19.9M | |
Inventory | 21.1M | 19.7M | 15.8M | 18.4M | 18.0M | 14.8M | |
Other Current Assets | 1.9M | 1.9M | 3.2M | 1.9M | 9.4M | 9.8M | |
Other Stockholder Equity | 2.7M | 4.4M | 4.2M | 5.5M | 6.4M | 6.7M | |
Total Liab | 88.7M | 84.6M | 81.3M | 77.6M | 59.7M | 59.2M | |
Property Plant And Equipment Gross | 33.9M | 36.3M | 61.0M | 59.8M | 31.9M | 35.5M | |
Total Current Assets | 64.3M | 58.0M | 61.1M | 50.5M | 43.2M | 59.0M | |
Accumulated Other Comprehensive Income | 10.6M | 10.8M | 10.8M | 11.2M | 18.9M | 9.5M | |
Short Term Debt | 16.2M | 15.1M | 33.2M | 35.2M | 18.6M | 15.2M | |
Common Stock | 137.2M | 142.2M | 172.7M | 172.8M | 187.8M | 137.3M | |
Other Liab | 5.0M | 4.4M | 3.9M | 2.5M | 2.9M | 3.1M | |
Net Tangible Assets | 20.0M | 17.7M | 2.5M | (7.5M) | (6.8M) | (6.4M) | |
Other Assets | 10.4M | 7.9M | 214K | 79K | 90.9K | 86.3K | |
Long Term Debt | 34.2M | 32.1M | 4.9M | 4.6M | 3.3M | 3.2M | |
Short Long Term Debt | 14.8M | 13.9M | 31.9M | 33.5M | 17.7M | 13.1M | |
Property Plant Equipment | 33.9M | 36.3M | 22.3M | 19.5M | 22.4M | 28.1M | |
Long Term Debt Total | 46.6M | 43.3M | 15.5M | 9.6M | 11.1M | 10.5M | |
Cash And Equivalents | 14.0M | 11.2M | 19.7M | 7.4M | 6.6M | 6.3M | |
Net Invested Capital | 107.9M | 94.9M | 48.5M | 30.3M | 21.0M | 19.9M | |
Net Working Capital | 27.4M | 21.6M | (766K) | (15.1M) | (4.6M) | (4.3M) | |
Long Term Investments | 78K | 119K | 189K | 133K | 167K | 128.7K |
Pair Trading with Baylin Technologies
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 Baylin Technologies 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 Baylin Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Baylin Stock
0.69 | WINS | Winshear Gold Corp Earnings Call Tomorrow | PairCorr |
Moving against Baylin Stock
The ability to find closely correlated positions to Baylin Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Baylin Technologies 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 Baylin Technologies - 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 Baylin Technologies to buy it.
The correlation of Baylin Technologies 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 Baylin Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Baylin Technologies 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 Baylin Technologies 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.Other Information on Investing in Baylin Stock
Balance Sheet is a snapshot of the financial position of Baylin Technologies at a specified time, usually calculated after every quarter, six months, or one year. Baylin Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Baylin Technologies and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Baylin currently owns. An asset can also be divided into two categories, current and non-current.