Yext Other Assets vs Property Plant And Equipment Net Analysis

YEXT Stock  USD 5.78  0.11  1.94%   
Yext financial indicator trend analysis is more than just analyzing Yext Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yext Inc is a good investment. Please check the relationship between Yext Other Assets and its Property Plant And Equipment Net accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yext 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 interest.

Other Assets vs Property Plant And Equipment Net

Other Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yext Inc Other Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Yext's Other Assets and Property Plant And Equipment Net is 0.9. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Yext Inc, assuming nothing else is changed. The correlation between historical values of Yext's Other Assets and Property Plant And Equipment Net 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 Assets of Yext Inc are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Other Assets i.e., Yext's Other Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Assets

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Yext's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yext 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yext 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 interest.
At this time, Yext's Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 36.04 in 2024, whereas Selling General Administrative is likely to drop slightly above 59 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit292.3M296.9M316.9M206.2M
Total Revenue390.6M400.9M404.3M277.4M

Yext fundamental ratios Correlations

0.770.970.96-0.310.960.970.97-0.86-0.920.470.980.980.920.950.980.97-0.110.910.960.110.980.930.970.960.96
0.770.790.84-0.30.730.710.76-0.56-0.6-0.030.70.70.610.760.760.720.170.750.71-0.270.740.780.730.630.62
0.970.790.96-0.30.940.921.0-0.81-0.950.50.920.930.90.920.950.99-0.150.960.98-0.060.990.960.990.910.92
0.960.840.96-0.390.960.890.95-0.82-0.870.440.90.90.860.910.970.93-0.030.940.91-0.150.950.940.930.830.88
-0.31-0.3-0.3-0.39-0.46-0.12-0.30.620.25-0.25-0.35-0.18-0.42-0.45-0.44-0.220.18-0.31-0.260.21-0.3-0.33-0.25-0.19-0.13
0.960.730.940.96-0.460.880.93-0.88-0.890.510.910.890.860.90.980.92-0.110.890.9-0.020.930.930.90.870.87
0.970.710.920.89-0.120.880.92-0.78-0.880.430.961.00.860.90.920.93-0.120.830.940.260.930.850.940.970.98
0.970.761.00.95-0.30.930.92-0.8-0.960.520.910.930.90.90.950.99-0.150.970.98-0.060.990.960.990.910.92
-0.86-0.56-0.81-0.820.62-0.88-0.78-0.80.77-0.55-0.91-0.82-0.89-0.92-0.9-0.770.28-0.72-0.82-0.19-0.83-0.77-0.81-0.83-0.78
-0.92-0.6-0.95-0.870.25-0.89-0.88-0.960.77-0.69-0.86-0.89-0.86-0.83-0.88-0.970.37-0.93-0.970.02-0.94-0.9-0.96-0.89-0.91
0.47-0.030.50.44-0.250.510.430.52-0.55-0.690.460.470.620.450.460.55-0.670.560.570.00.530.490.540.470.55
0.980.70.920.9-0.350.910.960.91-0.91-0.860.460.980.940.970.960.91-0.140.830.930.260.940.850.940.970.95
0.980.70.930.9-0.180.891.00.93-0.82-0.890.470.980.90.930.940.94-0.130.850.950.250.950.860.950.980.99
0.920.610.90.86-0.420.860.860.9-0.89-0.860.620.940.90.960.920.9-0.20.860.910.120.940.840.920.890.92
0.950.760.920.91-0.450.90.90.9-0.92-0.830.450.970.930.960.950.89-0.160.830.910.140.930.860.920.920.9
0.980.760.950.97-0.440.980.920.95-0.9-0.880.460.960.940.920.950.93-0.070.890.920.050.960.920.930.910.91
0.970.720.990.93-0.220.920.930.99-0.77-0.970.550.910.940.90.890.93-0.150.960.98-0.020.990.950.990.920.95
-0.110.17-0.15-0.030.18-0.11-0.12-0.150.280.37-0.67-0.14-0.13-0.2-0.16-0.07-0.15-0.12-0.25-0.09-0.12-0.07-0.18-0.18-0.14
0.910.750.960.94-0.310.890.830.97-0.72-0.930.560.830.850.860.830.890.96-0.120.93-0.260.960.950.950.790.87
0.960.710.980.91-0.260.90.940.98-0.82-0.970.570.930.950.910.910.920.98-0.250.930.030.980.930.990.930.95
0.11-0.27-0.06-0.150.21-0.020.26-0.06-0.190.020.00.260.250.120.140.05-0.02-0.09-0.260.03-0.01-0.160.020.360.24
0.980.740.990.95-0.30.930.930.99-0.83-0.940.530.940.950.940.930.960.99-0.120.960.98-0.010.950.990.920.95
0.930.780.960.94-0.330.930.850.96-0.77-0.90.490.850.860.840.860.920.95-0.070.950.93-0.160.950.940.830.85
0.970.730.990.93-0.250.90.940.99-0.81-0.960.540.940.950.920.920.930.99-0.180.950.990.020.990.940.930.96
0.960.630.910.83-0.190.870.970.91-0.83-0.890.470.970.980.890.920.910.92-0.180.790.930.360.920.830.930.96
0.960.620.920.88-0.130.870.980.92-0.78-0.910.550.950.990.920.90.910.95-0.140.870.950.240.950.850.960.96
Click cells to compare fundamentals

Yext Account Relationship Matchups

Yext fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets563.6M596.0M620.3M523.8M508.8M389.2M
Other Current Liab49.9M41.2M39.2M41.8M9.3M8.8M
Total Current Liabilities244.9M260.2M290.7M290.9M267.8M200.5M
Total Stockholder Equity201.2M207.2M211.9M128.0M147.2M97.4M
Other Liab2.3M5.0M4.0M4.3M3.9M3.3M
Net Tangible Assets194.4M195.9M207.1M123.4M141.9M148.9M
Property Plant And Equipment Net138.2M185.2M171.7M147.5M124.5M89.9M
Current Deferred Revenue176.8M191.8M223.4M223.7M212.2M150.6M
Net Debt(132.2M)(92.7M)(128.6M)(71.5M)(103.8M)(109.0M)
Retained Earnings(422.7M)(517.3M)(610.6M)(676.5M)(679.2M)(645.2M)
Accounts Payable9.6M13.0M9.2M7.3M38.8M40.7M
Cash256.1M230.4M261.2M190.2M210.2M151.5M
Non Current Assets Total185.8M219.8M210.0M177.2M175.6M121.0M
Non Currrent Assets Other41.8M29.0M33.5M25.0M46.4M23.9M
Other Assets41.8M29.0M33.5M25.0M28.7M20.8M
Cash And Short Term Investments256.1M230.4M261.2M190.2M210.2M166.4M
Net Receivables80.6M97.5M101.6M109.7M108.2M72.8M
Good Will4.5M4.8M4.6M4.5M4.5M3.7M
Common Stock Total Equity122K130K137K142K163.3K109.4K
Common Stock Shares Outstanding111.8M119.7M127.8M125.3M124.1M112.2M
Liabilities And Stockholders Equity563.6M596.0M620.3M523.8M508.8M389.2M
Non Current Liabilities Total117.5M128.6M117.8M104.9M93.9M91.3M
Inventory28.4M30.3M34.0M31.0M35.7M19.6M
Other Current Assets12.7M18.0M13.5M15.6M14.8M11.4M
Other Stockholder Equity624.1M722.0M822.5M808.0M830.4M494.9M
Total Liab362.4M388.8M408.5M395.7M361.6M291.8M
Property Plant And Equipment Gross138.2M185.2M171.7M147.5M189.6M97.0M
Total Current Assets377.8M376.2M410.4M346.6M333.2M268.2M
Accumulated Other Comprehensive Income(360K)2.4M(187K)(3.6M)(4.2M)(4.0M)
Short Term Debt8.6M14.2M18.8M18.2M16.8M10.9M
Intangible Assets1.3M767K217K193K168K159.6K
Common Stock122K130K137K142K148K114.7K
Property Plant Equipment137.2M179.4M171.7M62.1M71.4M73.3M
Capital Surpluse636.0M733.9M834.4M897.4M1.0B539.5M
Deferred Long Term Liab26.1M22.7M27.3M21.0M24.2M17.4M
Non Current Liabilities Other2.3M5.0M4.0M4.3M4.3M3.0M
Retained Earnings Total Equity(422.7M)(517.3M)(610.6M)(676.5M)(608.9M)(639.3M)
Net Invested Capital201.2M207.2M211.9M128.0M147.2M166.8M
Net Working Capital132.9M116.0M119.6M55.7M92.1M98.8M

Pair Trading with Yext

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 Yext 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 Yext will appreciate offsetting losses from the drop in the long position's value.

Moving together with Yext Stock

  0.68S SentinelOne Financial Report 6th of June 2024 PairCorr

Moving against Yext Stock

  0.62NN Nextnav Acquisition Corp Buyout TrendPairCorr
  0.41GB Global Blue GroupPairCorr
The ability to find closely correlated positions to Yext could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Yext 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 Yext - 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 Yext Inc to buy it.
The correlation of Yext 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 Yext moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Yext Inc 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 Yext 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
When determining whether Yext Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Yext Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Yext Inc Stock. Highlighted below are key reports to facilitate an investment decision about Yext Inc Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yext 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 interest.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Complementary Tools for Yext Stock analysis

When running Yext's price analysis, check to measure Yext'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 Yext is operating at the current time. Most of Yext's value examination focuses on studying past and present price action to predict the probability of Yext's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yext's price. Additionally, you may evaluate how the addition of Yext to your portfolios can decrease your overall portfolio volatility.
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Is Yext'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 Yext. If investors know Yext 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 Yext listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.02)
Revenue Per Share
3.259
Quarterly Revenue Growth
0.114
Return On Assets
(0.01)
Return On Equity
(0.02)
The market value of Yext Inc is measured differently than its book value, which is the value of Yext that is recorded on the company's balance sheet. Investors also form their own opinion of Yext's value that differs from its market value or its book value, called intrinsic value, which is Yext'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 Yext's market value can be influenced by many factors that don't directly affect Yext'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 Yext's value and its price as these two are different measures arrived at by different means. Investors typically determine if Yext is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Yext'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.