Stock Total Cash From Operating Activities vs Total Assets Analysis

SYBT Stock  USD 71.69  1.44  1.97%   
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 Total Cash From Operating Activities and its Total Assets 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.

Total Cash From Operating Activities vs Total Assets

Total Cash From Operating Activities vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stock Yards Bancorp Total Cash From Operating Activities account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Stock Yards' Total Cash From Operating Activities and Total Assets is 0.95. Overlapping area represents the amount of variation of Total Cash From Operating Activities that can explain the historical movement of Total Assets 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' Total Cash From Operating Activities and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Cash From Operating Activities of Stock Yards Bancorp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Cash From Operating Activities i.e., Stock Yards' Total Cash From Operating Activities and Total Assets go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Cash From Operating Activities

Total Assets

Total assets refers to the total amount of Stock Yards assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Stock Yards Bancorp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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

0.880.140.70.940.990.620.970.640.960.740.460.110.410.970.880.730.760.770.99-0.380.60.930.910.950.7
0.880.190.830.830.90.840.820.770.930.840.65-0.090.060.870.760.840.740.80.91-0.450.520.80.750.840.83
0.140.190.140.090.170.150.080.230.150.130.2-0.02-0.080.20.040.150.120.070.2-0.46-0.69-0.08-0.110.270.06
0.70.830.140.70.670.90.660.910.770.990.91-0.48-0.310.750.491.00.640.740.69-0.520.460.660.580.680.97
0.940.830.090.70.910.580.880.610.920.740.490.070.370.940.830.730.910.710.93-0.260.620.860.840.910.65
0.990.90.170.670.910.620.970.610.970.710.440.150.410.940.890.70.710.810.98-0.360.560.90.890.930.7
0.620.840.150.90.580.620.580.770.680.910.87-0.45-0.350.640.410.910.50.560.64-0.480.360.560.480.630.91
0.970.820.080.660.880.970.580.590.940.70.430.120.40.910.860.680.610.80.92-0.290.620.940.920.890.72
0.640.770.230.910.610.610.770.590.690.880.72-0.39-0.330.710.470.90.570.70.64-0.660.380.680.610.650.87
0.960.930.150.770.920.970.680.940.690.790.560.080.290.920.860.780.750.830.96-0.30.60.890.860.880.78
0.740.840.130.990.740.710.910.70.880.790.91-0.45-0.240.780.521.00.650.710.72-0.50.480.690.610.710.97
0.460.650.20.910.490.440.870.430.720.560.91-0.6-0.480.510.250.910.470.530.45-0.380.230.350.250.450.87
0.11-0.09-0.02-0.480.070.15-0.450.12-0.390.08-0.45-0.60.640.030.25-0.46-0.01-0.050.120.290.080.070.150.11-0.42
0.410.06-0.08-0.310.370.41-0.350.4-0.330.29-0.24-0.480.640.290.53-0.260.240.020.410.250.250.360.440.31-0.29
0.970.870.20.750.940.940.640.910.710.920.780.510.030.290.810.770.80.790.95-0.520.550.890.860.980.72
0.880.760.040.490.830.890.410.860.470.860.520.250.250.530.810.510.670.720.88-0.160.590.830.830.780.51
0.730.840.151.00.730.70.910.680.90.781.00.91-0.46-0.260.770.510.660.70.72-0.530.460.680.60.710.96
0.760.740.120.640.910.710.50.610.570.750.650.47-0.010.240.80.670.660.560.79-0.230.50.640.60.760.51
0.770.80.070.740.710.810.560.80.70.830.710.53-0.050.020.790.720.70.560.74-0.350.570.750.710.70.77
0.990.910.20.690.930.980.640.920.640.960.720.450.120.410.950.880.720.790.74-0.410.540.890.870.940.68
-0.38-0.45-0.46-0.52-0.26-0.36-0.48-0.29-0.66-0.3-0.5-0.380.290.25-0.52-0.16-0.53-0.23-0.35-0.410.08-0.34-0.29-0.53-0.46
0.60.52-0.690.460.620.560.360.620.380.60.480.230.080.250.550.590.460.50.570.540.080.740.740.460.52
0.930.8-0.080.660.860.90.560.940.680.890.690.350.070.360.890.830.680.640.750.89-0.340.740.990.850.71
0.910.75-0.110.580.840.890.480.920.610.860.610.250.150.440.860.830.60.60.710.87-0.290.740.990.830.63
0.950.840.270.680.910.930.630.890.650.880.710.450.110.310.980.780.710.760.70.94-0.530.460.850.830.65
0.70.830.060.970.650.70.910.720.870.780.970.87-0.42-0.290.720.510.960.510.770.68-0.460.520.710.630.65
Click cells to compare fundamentals

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 Total551.8M671.7M1.4B310.6M7.7B8.1B
Non Currrent Assets Other(21.3M)(32.1M)(33.4M)(1.7B)5.7B6.0B
Other Assets2.6B3.3B4.0B5.9B194.1M184.4M
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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Stock Stock Analysis

When running Stock Yards' price analysis, check to measure Stock Yards' 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 Stock Yards is operating at the current time. Most of Stock Yards' value examination focuses on studying past and present price action to predict the probability of Stock Yards' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stock Yards' price. Additionally, you may evaluate how the addition of Stock Yards to your portfolios can decrease your overall portfolio volatility.