Youdao Non Current Assets Total vs Current Deferred Revenue Analysis

DAO Stock  USD 3.71  0.23  5.84%   
Youdao financial indicator trend analysis is more than just analyzing Youdao Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Youdao Inc is a good investment. Please check the relationship between Youdao Non Current Assets Total and its Current Deferred Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Youdao Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Non Current Assets Total vs Current Deferred Revenue

Non Current Assets Total vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Youdao Inc Non Current Assets Total account and Current Deferred Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Youdao's Non Current Assets Total and Current Deferred Revenue is 0.9. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Youdao Inc, assuming nothing else is changed. The correlation between historical values of Youdao's Non Current Assets Total and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Youdao Inc are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Non Current Assets Total i.e., Youdao's Non Current Assets Total and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Youdao's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Youdao Inc 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Youdao Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
At this time, Youdao's Tax Provision is very stable compared to the past year. As of the 18th of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.05, while Discontinued Operations is likely to drop (5.8 M).
 2021 2022 2023 2024 (projected)
Gross Profit2.0B2.6B2.8B1.5B
Total Revenue4.0B5.0B5.4B3.2B

Youdao fundamental ratios Correlations

0.680.910.91-0.34-0.30.910.9-0.27-0.860.860.830.860.690.750.90.880.930.760.630.90.920.850.940.9-0.14
0.680.840.8-0.74-0.650.830.730.29-0.920.860.780.920.540.490.410.910.760.850.00.880.870.40.870.86-0.51
0.910.841.0-0.64-0.620.990.98-0.18-0.950.930.930.970.680.750.710.950.910.920.30.920.980.780.960.99-0.47
0.910.81.0-0.63-0.610.980.99-0.26-0.940.920.940.940.640.740.730.940.90.90.330.910.960.80.940.99-0.48
-0.34-0.74-0.64-0.630.93-0.59-0.59-0.150.74-0.6-0.62-0.65-0.25-0.29-0.11-0.63-0.46-0.770.38-0.62-0.58-0.12-0.5-0.690.95
-0.3-0.65-0.62-0.610.93-0.58-0.580.070.65-0.64-0.67-0.64-0.23-0.29-0.07-0.57-0.38-0.680.42-0.49-0.55-0.26-0.44-0.660.93
0.910.830.990.98-0.59-0.580.96-0.14-0.940.930.890.980.770.830.670.910.870.930.280.920.990.780.960.97-0.41
0.90.730.980.99-0.59-0.580.96-0.34-0.90.880.930.90.620.730.750.90.890.870.360.870.920.830.90.97-0.47
-0.270.29-0.18-0.26-0.150.07-0.14-0.34-0.02-0.2-0.38-0.010.13-0.08-0.46-0.08-0.110.08-0.40.04-0.05-0.65-0.04-0.15-0.03
-0.86-0.92-0.95-0.940.740.65-0.94-0.9-0.02-0.91-0.87-0.95-0.64-0.67-0.64-0.95-0.86-0.95-0.19-0.98-0.95-0.59-0.94-0.960.54
0.860.860.930.92-0.6-0.640.930.88-0.2-0.910.960.960.570.610.660.950.820.810.230.880.940.770.920.94-0.4
0.830.780.930.94-0.62-0.670.890.93-0.38-0.870.960.90.430.530.70.930.810.770.260.830.880.810.870.93-0.47
0.860.920.970.94-0.65-0.640.980.9-0.01-0.950.960.90.720.740.590.940.840.920.170.920.990.70.960.96-0.44
0.690.540.680.64-0.25-0.230.770.620.13-0.640.570.430.720.970.370.510.560.760.190.660.770.530.710.64-0.1
0.750.490.750.74-0.29-0.290.830.73-0.08-0.670.610.530.740.970.470.540.610.80.260.680.80.660.730.7-0.18
0.90.410.710.73-0.11-0.070.670.75-0.46-0.640.660.70.590.370.470.720.850.470.840.720.680.790.750.70.05
0.880.910.950.94-0.63-0.570.910.9-0.08-0.950.950.930.940.510.540.720.920.830.320.930.940.690.960.96-0.41
0.930.760.910.9-0.46-0.380.870.89-0.11-0.860.820.810.840.560.610.850.920.750.590.880.890.720.920.92-0.28
0.760.850.920.9-0.77-0.680.930.870.08-0.950.810.770.920.760.80.470.830.750.020.910.920.530.870.91-0.61
0.630.00.30.330.380.420.280.36-0.4-0.190.230.260.170.190.260.840.320.590.020.310.310.590.410.290.48
0.90.880.920.91-0.62-0.490.920.870.04-0.980.880.830.920.660.680.720.930.880.910.310.940.60.960.92-0.39
0.920.870.980.96-0.58-0.550.990.92-0.05-0.950.940.880.990.770.80.680.940.890.920.310.940.740.980.97-0.37
0.850.40.780.8-0.12-0.260.780.83-0.65-0.590.770.810.70.530.660.790.690.720.530.590.60.740.740.74-0.03
0.940.870.960.94-0.5-0.440.960.9-0.04-0.940.920.870.960.710.730.750.960.920.870.410.960.980.740.95-0.27
0.90.860.990.99-0.69-0.660.970.97-0.15-0.960.940.930.960.640.70.70.960.920.910.290.920.970.740.95-0.52
-0.14-0.51-0.47-0.480.950.93-0.41-0.47-0.030.54-0.4-0.47-0.44-0.1-0.180.05-0.41-0.28-0.610.48-0.39-0.37-0.03-0.27-0.52
Click cells to compare fundamentals

Youdao Account Relationship Matchups

Youdao fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B2.1B2.6B2.3B1.7B1.8B
Short Long Term Debt Total899.2M957.7M1.2B1.4B1.6B1.2B
Other Current Liab361.2M933.8M929.3M951.0M970.8M704.6M
Total Current Liabilities1.8B3.4B3.0B3.2B3.1B2.7B
Total Stockholder Equity300.1M(1.4B)(807.1M)(1.5B)(2.2B)(2.1B)
Other Liab5.5M4.0M81.0M73.4M84.4M88.6M
Net Tangible Assets300.1M(1.4B)(807.1M)(1.6B)(1.5B)(1.4B)
Property Plant And Equipment Net48.4M151.5M198.4M170.5M159.9M119.5M
Current Deferred Revenue456.8M1.4B1.1B1.1B1.1B841.5M
Net Debt725.9M348.5M883.3M660.4M1.1B854.0M
Retained Earnings(1.9B)(3.7B)(4.7B)(5.4B)(5.9B)(5.7B)
Accounts Payable62.7M141.3M161.0M282.4M159.0M135.3M
Cash173.3M609.2M322.8M783.6M454.5M381.1M
Non Current Assets Total56.6M218.7M364.4M406.2M366.2M228.4M
Non Currrent Assets Other6.1M24.7M166.0M35.0M45.0M45.0M
Other Assets8.1M67.2M166.0M35.0M40.3M52.4M
Cash And Short Term Investments1.6B1.2B826.9M1.0B526.7M889.4M
Net Receivables215.6M272.9M254.5M413.0M402.7M271.7M
Short Term Investments1.4B585.3M504.1M232.4M72.1M68.5M
Liabilities And Stockholders Equity2.1B2.1B2.6B2.3B1.7B1.8B
Non Current Liabilities Total26.7M83.8M330.5M574.8M696.0M730.8M
Capital Surpluse138.0M2.2B2.3B3.9B4.5B4.7B
Capital Lease Obligations25.4M79.7M73.1M43.6M88.2M48.7M
Inventory73.2M148.7M255.4M232.3M217.1M149.6M
Other Current Assets120.9M235.5M182.6M207.8M26.5M25.2M
Other Stockholder Equity2.2B2.3B3.9B4.0B3.9B2.6B
Total Liab1.8B3.5B3.4B3.8B3.8B3.0B
Net Invested Capital1.2B(530.1M)326.0M(134.7M)(678.4M)(644.5M)
Property Plant And Equipment Gross48.4M151.5M198.4M170.5M281.8M295.9M
Total Current Assets2.0B1.9B2.3B1.9B1.3B1.6B
Accumulated Other Comprehensive Income(12.7M)(44.1M)(49.9M)(87.4M)(95.7M)(90.9M)
Non Current Liabilities Other5.5M4.0M2.4M8.8M16.3M17.1M
Cash And Equivalents173.3M609.2M322.8M783.6M901.2M946.2M
Net Working Capital271.2M(1.5B)(764.3M)(1.3B)(1.8B)(1.7B)

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Youdao Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Youdao's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Youdao Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Youdao Inc Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Youdao Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Youdao Inc information on this page should be used as a complementary analysis to other Youdao's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for Youdao Stock analysis

When running Youdao's price analysis, check to measure Youdao'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 Youdao is operating at the current time. Most of Youdao's value examination focuses on studying past and present price action to predict the probability of Youdao's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Youdao's price. Additionally, you may evaluate how the addition of Youdao to your portfolios can decrease your overall portfolio volatility.
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Is Youdao's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Youdao. If investors know Youdao will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Youdao listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.683
Earnings Share
(0.63)
Revenue Per Share
44.399
Quarterly Revenue Growth
0.018
Return On Assets
(0.15)
The market value of Youdao Inc is measured differently than its book value, which is the value of Youdao that is recorded on the company's balance sheet. Investors also form their own opinion of Youdao's value that differs from its market value or its book value, called intrinsic value, which is Youdao's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Youdao's market value can be influenced by many factors that don't directly affect Youdao's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Youdao's value and its price as these two are different measures arrived at by different means. Investors typically determine if Youdao is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Youdao's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.