Stock Long Term Debt vs Total Liab Analysis

SYBT Stock  USD 77.42  1.31  1.72%   
Stock Yards financial indicator trend analysis is much more than just breaking down Stock Yards Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stock Yards Bancorp is a good investment. Please check the relationship between Stock Yards Long Term Debt and its Total Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stock Yards 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.

Long Term Debt vs Total Liab

Long Term Debt vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stock Yards Bancorp Long Term Debt account and Total Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Stock Yards' Long Term Debt and Total Liab is 0.77. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Liab in the same time period over historical financial statements of Stock Yards Bancorp, assuming nothing else is changed. The correlation between historical values of Stock Yards' Long Term Debt and Total Liab 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 Stock Yards Bancorp are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Long Term Debt i.e., Stock Yards' Long Term Debt and Total Liab go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Long Term Debt

Long-term debt is a debt that Stock Yards Bancorp has held for over one year. Long-term debt appears on Stock Yards 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 Stock Yards 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.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Stock Yards' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stock Yards 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 Stock Yards 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.
At this time, Stock Yards' Selling General Administrative is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 852.2 M in 2024, whereas Tax Provision is likely to drop slightly above 19.3 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense6.0M18.3M99.4M104.3M
Depreciation And Amortization5.6M12.0M4.7M4.4M

Stock Yards fundamental ratios Correlations

0.880.140.70.940.990.620.970.640.960.740.470.850.410.970.880.730.760.770.99-0.380.60.930.910.950.7
0.880.190.830.830.90.840.820.770.930.840.660.820.060.870.760.840.740.80.91-0.450.520.80.750.840.83
0.140.190.140.090.170.150.080.230.150.130.20.13-0.080.20.040.150.120.070.2-0.46-0.69-0.08-0.110.270.06
0.70.830.140.70.670.90.660.910.770.990.920.69-0.310.750.491.00.640.740.69-0.520.460.660.580.680.97
0.940.830.090.70.910.580.880.610.920.740.50.820.370.940.830.730.910.710.93-0.260.620.860.840.910.65
0.990.90.170.670.910.620.970.610.970.710.450.860.410.940.890.70.710.810.98-0.360.560.90.890.930.7
0.620.840.150.90.580.620.580.770.680.910.870.6-0.350.640.410.910.50.560.64-0.480.360.560.480.630.91
0.970.820.080.660.880.970.580.590.940.70.440.820.40.910.860.680.610.80.92-0.290.620.940.920.890.72
0.640.770.230.910.610.610.770.590.690.880.730.66-0.330.710.470.90.570.70.64-0.660.380.680.610.650.87
0.960.930.150.770.920.970.680.940.690.790.560.890.290.920.860.780.750.830.96-0.30.60.890.860.880.78
0.740.840.130.990.740.710.910.70.880.790.920.7-0.240.770.521.00.650.710.72-0.50.480.690.610.710.97
0.470.660.20.920.50.450.870.440.730.560.920.5-0.480.520.250.910.480.540.46-0.380.240.360.260.460.87
0.850.820.130.690.820.860.60.820.660.890.70.50.190.840.740.70.690.750.85-0.330.560.780.750.820.7
0.410.06-0.08-0.310.370.41-0.350.4-0.330.29-0.24-0.480.190.290.53-0.260.240.020.410.250.250.360.440.31-0.29
0.970.870.20.750.940.940.640.910.710.920.770.520.840.290.810.770.80.790.95-0.520.550.890.860.980.72
0.880.760.040.490.830.890.410.860.470.860.520.250.740.530.810.510.670.720.88-0.160.590.830.830.780.51
0.730.840.151.00.730.70.910.680.90.781.00.910.7-0.260.770.510.660.70.72-0.530.460.680.60.710.96
0.760.740.120.640.910.710.50.610.570.750.650.480.690.240.80.670.660.560.79-0.230.50.640.60.760.51
0.770.80.070.740.710.810.560.80.70.830.710.540.750.020.790.720.70.560.74-0.350.570.750.710.70.77
0.990.910.20.690.930.980.640.920.640.960.720.460.850.410.950.880.720.790.74-0.410.540.890.870.940.68
-0.38-0.45-0.46-0.52-0.26-0.36-0.48-0.29-0.66-0.3-0.5-0.38-0.330.25-0.52-0.16-0.53-0.23-0.35-0.410.08-0.34-0.29-0.53-0.46
0.60.52-0.690.460.620.560.360.620.380.60.480.240.560.250.550.590.460.50.570.540.080.740.740.460.52
0.930.8-0.080.660.860.90.560.940.680.890.690.360.780.360.890.830.680.640.750.89-0.340.740.990.850.71
0.910.75-0.110.580.840.890.480.920.610.860.610.260.750.440.860.830.60.60.710.87-0.290.740.990.830.63
0.950.840.270.680.910.930.630.890.650.880.710.460.820.310.980.780.710.760.70.94-0.530.460.850.830.65
0.70.830.060.970.650.70.910.720.870.780.970.870.7-0.290.720.510.960.510.770.68-0.460.520.710.630.65
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Stock Yards Account Relationship Matchups

Stock Yards fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.7B4.6B6.6B7.5B8.2B8.6B
Short Long Term Debt Total80.0M31.6M102.2M171.9M226.7M238.1M
Other Current Liab(640K)(391K)(300K)(660K)(2.1M)(2.0M)
Total Current Liabilities640K391K300K660K6.1B6.4B
Total Stockholder Equity22.6M440.7M675.9M760.4M858.1M901.0M
Property Plant And Equipment Net58.6M58.0M76.9M101.6M101.2M106.2M
Net Debt33.1M(11.5M)39.9M(6.2M)132.3M138.9M
Retained Earnings333.7M353.6M391.2M439.9M506.3M531.7M
Accounts Payable640K391K300K660K2.1M2.0M
Cash46.9M43.2M62.3M82.5M94.5M99.2M
Non Current Assets Total551.8M671.7M1.4B310.6M7.9B8.3B
Non Currrent Assets Other(21.3M)(32.1M)(33.4M)(1.7B)5.9B6.2B
Other Assets2.6B3.3B4.0B5.9B6.8B7.2B
Cash And Short Term Investments517.6M630.2M1.2B1.2B266.0M274.5M
Net Receivables10.7M29.8M30.0M38.6M46.3M48.6M
Common Stock Shares Outstanding22.9M22.8M25.2M28.9M29.3M24.2M
Liabilities And Stockholders Equity3.7B4.6B6.6B7.5B8.2B8.6B
Non Current Liabilities Total80.0M31.6M952.4M660K7.3B7.7B
Other Stockholder Equity(348.0M)41.9M243.1M377.7M386.0M405.3M
Total Liab3.7B4.2B300K6.7B7.3B7.7B
Property Plant And Equipment Gross58.6M58.0M118.0M142.1M142.6M149.7M
Total Current Assets528.3M660.0M1.3B1.2B266.0M252.7M
Short Term Debt44.7M73.7M88.5M145.6M169.2M177.7M
Accumulated Other Comprehensive Income677K8.7M(7.9M)(115.5M)(92.8M)(88.2M)
Common Stock Total Equity36.2M36.5M49.5M58.4M67.1M70.5M
Common Stock36.2M36.5M49.5M58.4M58.6M61.5M
Other Liab38.2M88.2M96.8M99.4M114.4M120.1M
Long Term Debt48.2M80.0M31.6M26.3M226.7M238.1M
Short Term Investments470.7M587.0M1.2B1.1B1.0B1.1B
Inventory(263.7M)(336.4M)(1.0B)(232.4M)67.6M71.0M
Other Current Assets263.7M336.4M1.0B215.9M480.4M848.5M
Property Plant Equipment58.6M58.0M76.9M104.3M119.9M125.9M
Intangible Assets3.7M4.7M10.1M40.2M33.4M35.1M
Net Tangible Assets391.5M426.2M534.4M541.4M622.6M373.6M
Retained Earnings Total Equity333.7M353.6M391.2M439.9M505.9M302.6M
Capital Surpluse35.7M41.9M243.1M377.7M434.4M456.1M
Long Term Investments3.3B4.1B5.3B1.6B1.6B2.7B
Non Current Liabilities Other172.4M167.4M172.0M308.8M355.1M178.8M

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