SYBT Stock | | | USD 76.12 0.75 0.98% |
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 Other Operating Expenses and its Ebitda 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.
Other Operating Expenses vs Ebitda
Other Operating Expenses vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Stock Yards Bancorp Other Operating Expenses account and
Ebitda. At this time, the significance of the direction appears to have pay attention.
The correlation between Stock Yards' Other Operating Expenses and Ebitda is -1.0. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Ebitda 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' Other Operating Expenses and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Stock Yards Bancorp are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Other Operating Expenses i.e., Stock Yards' Other Operating Expenses and Ebitda go up and down completely randomly.
Correlation Coefficient | -1.0 |
Relationship Direction | Negative |
Relationship Strength | Strong |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Stock Yards Bancorp. It is also known as Stock Yards overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Ebitda
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.
Stock Yards fundamental ratios Correlations
Click cells to compare fundamentals
Stock Yards Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Stock Yards fundamental ratios Accounts
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