Baylin Change To Operating Activities vs Net Income Analysis

BYL Stock  CAD 0.29  0.01  3.57%   
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 Change To Operating Activities and its Net Income 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 producer price index.

Change To Operating Activities vs Net Income

Change To Operating Activities vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baylin Technologies Change To Operating Activities account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Baylin Technologies' Change To Operating Activities and Net Income is -0.09. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Net Income 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' Change To Operating Activities and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Operating Activities of Baylin Technologies are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change To Operating Activities i.e., Baylin Technologies' Change To Operating Activities and Net Income go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Operating Activities

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Baylin Technologies financial statement analysis. It represents the amount of money remaining after all of Baylin Technologies operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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 producer price index.
As of the 17th of August 2025, Enterprise Value is likely to grow to about 112.1 M, while Selling General Administrative is likely to drop about 19.4 M.
 2022 2023 2024 2025 (projected)
Interest Expense3.7M4.5M3.0M2.8M
Depreciation And Amortization7.9M3.9M4.5M7.1M

Baylin Technologies fundamental ratios Correlations

0.670.240.110.660.750.750.39-0.040.580.260.91-0.130.260.710.5-0.030.870.740.50.080.680.290.88-0.170.35
0.670.360.660.00.390.620.91-0.470.55-0.340.690.12-0.340.710.570.360.880.880.620.450.980.620.470.510.56
0.240.360.540.020.060.250.32-0.370.290.030.22-0.260.030.240.430.020.230.480.740.250.460.490.340.380.51
0.110.660.54-0.52-0.150.340.67-0.820.51-0.420.02-0.23-0.420.430.580.60.270.630.430.530.720.870.180.870.72
0.660.00.02-0.520.740.33-0.260.570.140.720.69-0.120.720.20.07-0.630.370.120.17-0.39-0.01-0.230.62-0.65-0.14
0.750.390.06-0.150.740.270.170.210.220.360.79-0.110.360.30.34-0.350.560.390.28-0.150.320.240.58-0.190.14
0.750.620.250.340.330.270.47-0.260.7-0.030.66-0.25-0.030.840.520.230.740.790.490.290.710.260.69-0.10.45
0.390.910.320.67-0.260.170.47-0.480.41-0.680.510.24-0.680.620.40.370.730.760.590.420.880.510.10.570.44
-0.04-0.47-0.37-0.820.570.21-0.26-0.48-0.30.450.140.320.45-0.2-0.76-0.89-0.16-0.61-0.33-0.53-0.55-0.73-0.15-0.64-0.88
0.580.550.290.510.140.220.70.41-0.3-0.020.45-0.48-0.020.90.450.180.530.60.22-0.040.650.510.610.190.41
0.26-0.340.03-0.420.720.36-0.03-0.680.45-0.020.13-0.281.0-0.18-0.02-0.49-0.15-0.24-0.12-0.29-0.33-0.120.54-0.43-0.14
0.910.690.220.020.690.790.660.510.140.450.130.070.130.670.37-0.240.90.680.54-0.010.660.160.64-0.180.2
-0.130.12-0.26-0.23-0.12-0.11-0.250.240.32-0.48-0.280.07-0.28-0.24-0.48-0.140.15-0.190.120.16-0.02-0.41-0.380.05-0.46
0.26-0.340.03-0.420.720.36-0.03-0.680.45-0.021.00.13-0.28-0.18-0.02-0.49-0.15-0.24-0.12-0.29-0.33-0.120.54-0.43-0.14
0.710.710.240.430.20.30.840.62-0.20.9-0.180.67-0.24-0.180.380.150.770.720.330.110.780.360.570.090.31
0.50.570.430.580.070.340.520.4-0.760.45-0.020.37-0.48-0.020.380.550.460.810.50.280.640.710.580.290.97
-0.030.360.020.6-0.63-0.350.230.37-0.890.18-0.49-0.24-0.14-0.490.150.550.130.450.050.570.410.460.050.460.66
0.870.880.230.270.370.560.740.73-0.160.53-0.150.90.15-0.150.770.460.130.820.60.240.860.270.610.040.35
0.740.880.480.630.120.390.790.76-0.610.6-0.240.68-0.19-0.240.720.810.450.820.720.390.930.630.630.30.78
0.50.620.740.430.170.280.490.59-0.330.22-0.120.540.12-0.120.330.50.050.60.720.330.660.340.420.240.52
0.080.450.250.53-0.39-0.150.290.42-0.53-0.04-0.29-0.010.16-0.290.110.280.570.240.390.330.450.380.10.510.39
0.680.980.460.72-0.010.320.710.88-0.550.65-0.330.66-0.02-0.330.780.640.410.860.930.660.450.660.530.490.64
0.290.620.490.87-0.230.240.260.51-0.730.51-0.120.16-0.41-0.120.360.710.460.270.630.340.380.660.390.780.77
0.880.470.340.180.620.580.690.1-0.150.610.540.64-0.380.540.570.580.050.610.630.420.10.530.39-0.120.47
-0.170.510.380.87-0.65-0.19-0.10.57-0.640.19-0.43-0.180.05-0.430.090.290.460.040.30.240.510.490.78-0.120.45
0.350.560.510.72-0.140.140.450.44-0.880.41-0.140.2-0.46-0.140.310.970.660.350.780.520.390.640.770.470.45
Click cells to compare fundamentals

Baylin Technologies Account Relationship Matchups

Baylin Technologies fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets133.5M93.0M74.4M59.7M49.2M98.0M
Short Long Term Debt Total58.4M48.8M44.8M28.7M33.0M31.9M
Other Current Liab6.0M19.1M6.5M20.1M392K372.4K
Total Current Liabilities36.5M61.9M65.5M47.8M44.4M40.1M
Total Stockholder Equity48.9M11.8M(3.3M)(36K)(8.5M)(8.1M)
Property Plant And Equipment Net36.3M22.3M19.5M12.2M10.4M18.4M
Current Deferred Revenue4.8M1.6M5.4M2.9M3.4M3.6M
Net Debt47.2M29.1M37.4M23.8M18.7M11.6M
Retained Earnings(108.5M)(175.9M)(192.8M)(206.7M)(214.1M)(203.4M)
Accounts Payable15.2M20.2M18.6M9.1M12.8M15.7M
Cash11.2M19.7M7.4M4.9M5.0M4.8M
Non Current Assets Total75.5M31.9M23.9M16.5M11.9M11.3M
Non Currrent Assets Other727K214K79K1.2M1.1M664.8K
Cash And Short Term Investments11.2M19.7M7.4M4.9M5.0M4.8M
Net Receivables20.3M20.2M20.3M11.6M15.0M18.2M
Common Stock Shares Outstanding40.7M61.8M80.2M87.3M151.2M158.7M
Liabilities And Stockholders Equity133.5M93.0M74.4M59.7M49.2M98.0M
Non Current Liabilities Total48.1M19.4M12.1M12.0M13.3M19.5M
Inventory19.7M15.8M18.4M17.6M14.7M14.9M
Other Current Assets6.8M5.3M4.4M11.8M820K779K
Other Stockholder Equity4.4M4.2M5.5M11.1M8.4M8.8M
Total Liab84.6M81.3M77.6M59.7M57.7M59.5M
Property Plant And Equipment Gross36.3M61.0M59.8M31.9M33.1M35.6M
Total Current Assets58.0M61.1M50.5M43.2M37.3M57.6M
Accumulated Other Comprehensive Income10.8M10.8M11.2M18.9M21.7M22.8M
Short Term Debt15.1M34.6M30.6M18.6M18.7M15.3M
Common Stock142.2M172.7M172.8M187.8M187.9M142.6M
Other Liab5.0M4.4M3.9M2.5M2.9M3.1M
Net Tangible Assets20.0M17.7M2.5M(7.5M)(6.8M)(6.4M)
Other Assets7.9M214K79K1.2M1.3M2.5M
Long Term Debt32.1M4.9M4.6M3.3M5.1M4.8M
Short Long Term Debt13.9M31.9M33.5M17.7M18.7M13.8M
Property Plant Equipment36.3M22.3M19.5M12.2M10.4M18.5M
Long Term Debt Total43.3M15.5M9.6M10.1M13.1M16.7M
Capital Lease Obligations12.4M12.0M11.3M7.6M6.9M10.1M
Cash And Equivalents11.2M19.7M7.4M4.9M5.0M4.8M
Net Invested Capital94.9M48.5M30.3M21.0M15.2M14.5M
Net Working Capital21.6M(766K)(15.1M)(4.6M)(7.1M)(6.7M)
Long Term Investments119K189K133K167K222K145.2K

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

  0.77AAPL Apple Inc CDRPairCorr

Moving against Baylin Stock

  0.41BRK Berkshire Hathaway CDRPairCorr
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.