Baylin Short Term Debt vs Other Stockholder Equity 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 Term Debt and its Other Stockholder Equity 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 Term Debt vs Other Stockholder Equity

Short Term Debt vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baylin Technologies Short Term Debt account and Other Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Baylin Technologies' Short Term Debt and Other Stockholder Equity is 0.5. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Other Stockholder Equity 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 Term Debt and Other Stockholder Equity 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 Baylin Technologies are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Short Term Debt i.e., Baylin Technologies' Short Term Debt and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Short Term Debt

Other Stockholder Equity

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 Expense3.5M3.7M4.4M2.8M
Depreciation And Amortization11.0M7.9M3.9M7.1M

Baylin Technologies fundamental ratios Correlations

0.71-0.150.160.650.740.760.44-0.170.530.210.91-0.130.210.810.590.170.890.790.070.420.720.320.87-0.140.49
0.710.090.660.030.450.620.9-0.50.47-0.330.730.12-0.330.820.560.530.880.870.170.640.980.620.50.50.57
-0.150.090.45-0.6-0.37-0.010.22-0.76-0.17-0.37-0.38-0.12-0.37-0.190.340.82-0.120.220.890.70.150.35-0.020.40.46
0.160.660.45-0.5-0.090.350.67-0.830.46-0.390.07-0.23-0.390.430.580.810.280.630.40.760.730.870.230.880.71
0.650.03-0.6-0.50.70.35-0.290.480.140.70.66-0.130.70.280.18-0.550.390.16-0.42-0.290.01-0.230.61-0.67-0.01
0.740.45-0.37-0.090.70.280.20.050.190.30.78-0.120.30.450.47-0.160.590.46-0.270.080.370.280.55-0.150.33
0.760.62-0.010.350.350.280.48-0.310.6-0.040.68-0.25-0.040.810.550.360.740.810.230.540.710.260.7-0.070.49
0.440.90.220.67-0.290.20.48-0.550.36-0.70.520.22-0.70.70.410.610.740.760.260.630.880.520.140.560.45
-0.17-0.5-0.76-0.830.480.05-0.31-0.55-0.350.40.030.360.4-0.26-0.75-0.96-0.2-0.64-0.76-0.93-0.58-0.79-0.28-0.66-0.86
0.530.47-0.170.460.140.190.60.36-0.35-0.030.4-0.53-0.030.790.450.280.460.550.030.390.570.460.570.140.45
0.21-0.33-0.37-0.390.70.3-0.04-0.70.4-0.030.07-0.281.0-0.20.03-0.48-0.17-0.23-0.31-0.35-0.33-0.110.51-0.42-0.05
0.910.73-0.380.070.660.780.680.520.030.40.070.070.070.790.45-0.040.920.72-0.20.20.70.190.63-0.160.32
-0.130.12-0.12-0.23-0.13-0.12-0.250.220.36-0.53-0.280.07-0.28-0.12-0.49-0.210.15-0.19-0.15-0.34-0.02-0.41-0.390.02-0.49
0.21-0.33-0.37-0.390.70.3-0.04-0.70.4-0.031.00.07-0.28-0.20.03-0.48-0.17-0.23-0.31-0.35-0.33-0.110.51-0.42-0.05
0.810.82-0.190.430.280.450.810.7-0.260.79-0.20.79-0.12-0.20.450.290.870.790.00.440.850.40.620.130.41
0.590.560.340.580.180.470.550.41-0.750.450.030.45-0.490.030.450.630.470.830.470.790.640.720.660.280.98
0.170.530.820.81-0.55-0.160.360.61-0.960.28-0.48-0.04-0.21-0.480.290.630.250.640.820.950.610.690.240.640.75
0.890.88-0.120.280.390.590.740.74-0.20.46-0.170.920.15-0.170.870.470.250.830.070.450.860.280.610.030.4
0.790.870.220.630.160.460.810.76-0.640.55-0.230.72-0.19-0.230.790.830.640.830.380.80.930.630.660.30.81
0.070.170.890.4-0.42-0.270.230.26-0.760.03-0.31-0.2-0.15-0.310.00.470.820.070.380.770.260.260.20.210.55
0.420.640.70.76-0.290.080.540.63-0.930.39-0.350.2-0.34-0.350.440.790.950.450.80.770.720.710.460.50.86
0.720.980.150.730.010.370.710.88-0.580.57-0.330.7-0.02-0.330.850.640.610.860.930.260.720.660.560.490.66
0.320.620.350.87-0.230.280.260.52-0.790.46-0.110.19-0.41-0.110.40.720.690.280.630.260.710.660.410.790.81
0.870.5-0.020.230.610.550.70.14-0.280.570.510.63-0.390.510.620.660.240.610.660.20.460.560.41-0.10.59
-0.140.50.40.88-0.67-0.15-0.070.56-0.660.14-0.42-0.160.02-0.420.130.280.640.030.30.210.50.490.79-0.10.44
0.490.570.460.71-0.010.330.490.45-0.860.45-0.050.32-0.49-0.050.410.980.750.40.810.550.860.660.810.590.44
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Baylin Technologies Account Relationship Matchups

Baylin Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets147.6M133.5M93.0M74.4M59.7M101.6M
Short Long Term Debt Total62.8M58.4M48.8M44.8M28.7M31.9M
Other Current Liab728K1.3M6.8M6.3M16.3M17.1M
Total Current Liabilities36.8M36.5M61.9M65.5M47.8M39.3M
Total Stockholder Equity58.9M48.9M11.8M(3.3M)(36K)(34.2K)
Property Plant And Equipment Net33.9M36.3M22.3M19.5M12.2M19.2M
Current Deferred Revenue5.1M4.8M1.6M5.4M3.8M3.6M
Net Debt48.9M47.2M29.1M37.4M23.8M24.9M
Retained Earnings(91.6M)(108.5M)(175.9M)(192.8M)(206.7M)(196.3M)
Accounts Payable14.8M15.2M20.2M18.6M9.1M16.1M
Cash14.0M11.2M19.7M7.4M4.9M4.7M
Non Current Assets Total83.3M75.5M31.9M23.9M16.5M15.7M
Non Currrent Assets Other3.1M727K214K79K1.2M664.8K
Cash And Short Term Investments14.0M11.2M19.7M7.4M4.9M4.7M
Net Receivables27.3M25.2M22.4M22.8M10.9M20.5M
Common Stock Total Equity109.2M136.7M137.2M142.2M163.5M117.9M
Common Stock Shares Outstanding40.2M40.7M61.8M80.2M87.3M91.7M
Liabilities And Stockholders Equity147.6M133.5M93.0M74.4M59.7M101.6M
Non Current Liabilities Total51.8M48.1M19.4M12.1M12.0M19.9M
Inventory21.1M19.7M15.8M18.4M18.0M14.8M
Other Current Assets1.9M1.9M3.2M1.9M9.4M9.8M
Other Stockholder Equity2.7M4.4M4.2M5.5M6.4M6.7M
Total Liab88.7M84.6M81.3M77.6M59.7M59.2M
Property Plant And Equipment Gross33.9M36.3M61.0M59.8M31.9M35.5M
Total Current Assets64.3M58.0M61.1M50.5M43.2M59.0M
Accumulated Other Comprehensive Income10.6M10.8M10.8M11.2M18.9M9.5M
Short Term Debt16.2M15.1M33.2M35.2M18.6M15.2M
Common Stock137.2M142.2M172.7M172.8M187.8M137.3M
Other Liab5.0M4.4M3.9M2.5M2.9M3.1M
Net Tangible Assets20.0M17.7M2.5M(7.5M)(6.8M)(6.4M)
Other Assets10.4M7.9M214K79K90.9K86.3K
Long Term Debt34.2M32.1M4.9M4.6M3.3M3.2M
Short Long Term Debt14.8M13.9M31.9M33.5M17.7M13.1M
Property Plant Equipment33.9M36.3M22.3M19.5M22.4M28.1M
Long Term Debt Total46.6M43.3M15.5M9.6M11.1M10.5M
Cash And Equivalents14.0M11.2M19.7M7.4M6.6M6.3M
Net Invested Capital107.9M94.9M48.5M30.3M21.0M19.9M
Net Working Capital27.4M21.6M(766K)(15.1M)(4.6M)(4.3M)
Long Term Investments78K119K189K133K167K128.7K

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

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Moving against Baylin Stock

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  0.45TIL Till CapitalPairCorr
  0.4WCM-A Wilmington CapitalPairCorr
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.
Pair CorrelationCorrelation Matching

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.