SBT Stock | | | USD 4.86 0.03 0.62% |
Sterling Bancorp financial indicator trend analysis is much more than just breaking down Sterling Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sterling Bancorp is a good investment. Please check the relationship between Sterling Bancorp Long Term Debt and its Other Stockholder Equity accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sterling 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 bureau of labor statistics.
For more information on how to buy Sterling Stock please use our
How to Invest in Sterling Bancorp guide.
Long Term Debt vs Other Stockholder Equity
Long 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
Sterling Bancorp Long Term Debt account and
Other Stockholder Equity. At this time, the significance of the direction appears to have no relationship.
The correlation between Sterling Bancorp's Long Term Debt and Other Stockholder Equity is 0.03. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Sterling Bancorp, assuming nothing else is changed. The correlation between historical values of Sterling Bancorp's Long 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 Long Term Debt of Sterling Bancorp 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 Long Term Debt i.e., Sterling Bancorp's Long Term Debt and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.03 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Long Term Debt
Long-term debt is a debt that Sterling Bancorp has held for over one year. Long-term debt appears on Sterling Bancorp 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 Sterling Bancorp 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.
Other Stockholder Equity
Most indicators from Sterling Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sterling 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Sterling 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 bureau of labor statistics.
For more information on how to buy Sterling Stock please use our
How to Invest in Sterling Bancorp guide.
Selling General Administrative is likely to gain to about 29
M in 2024, whereas
Tax Provision is likely to drop slightly above 1.6
M in 2024.
Sterling Bancorp fundamental ratios Correlations
Click cells to compare fundamentals
Sterling Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sterling Bancorp fundamental ratios Accounts
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Additional Tools for Sterling Stock Analysis
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measure Sterling 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 Sterling Bancorp is operating at the current time. Most of Sterling Bancorp's value examination focuses on studying past and present price action to
predict the probability of Sterling 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 Sterling Bancorp's price. Additionally, you may evaluate how the addition of Sterling Bancorp to your portfolios can decrease your overall portfolio volatility.