Ynvisible Total Assets vs Total Current Assets Analysis

YNV Stock

CAD 0.12 0.01 9.09%

Ynvisible Interactive financial indicator trend analysis is more than just analyzing Ynvisible Interactive current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ynvisible Interactive is a good investment. Please check the relationship between Ynvisible Interactive Total Assets and its Total Current Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Ynvisible Interactive. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Total Assets vs Total Current Assets

Total Assets vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ynvisible Interactive Total Assets account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Ynvisible Interactive's Total Assets and Total Current Assets is 0.98. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Ynvisible Interactive, assuming nothing else is changed. The correlation between historical values of Ynvisible Interactive's Total Assets and Total Current 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 Assets of Ynvisible Interactive are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Assets i.e., Ynvisible Interactive's Total Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Assets

Total assets refers to the total amount of Ynvisible Interactive 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 Ynvisible Interactive 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.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Most indicators from Ynvisible Interactive's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ynvisible Interactive 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 Ynvisible Interactive. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Enterprise Value is likely to climb to about 4.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 3.7 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	366.0K	401.2K	425.2K	336.9K
Reconciled Depreciation	702.6K	627.4K	609.1K	470.9K

Gross Profit Reconciled Depreciation

Ynvisible Interactive fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Other Current Assets	Total Liab	Short Long Term Debt	Total Current Assets	Common Stock	Property Plant Equipment	Net Debt	Common Stock Shares Outstanding	Other Stockholder Equity	Net Invested Capital	Non Current Liabilities Other	Net Working Capital	Intangible Assets
Total Assets		-0.17	0.6	0.99	-0.82	0.82	-0.85	0.8	0.98	0.74	-0.69	-0.66	0.93	0.57	0.7	0.68	0.98	0.84	0.83	-0.27	0.92	0.87	1.0	-0.85	0.98	0.77
Other Current Liab	-0.17		-0.18	-0.23	-0.08	0.13	0.08	-0.35	-0.23	0.01	0.09	0.14	0.06	-0.08	0.23	-0.13	-0.21	0.01	-0.01	-0.06	-0.04	-0.04	-0.18	-0.02	-0.19	-0.13
Total Current Liabilities	0.6	-0.18		0.53	-0.53	0.65	-0.63	0.83	0.49	0.76	-0.94	-0.94	0.72	0.6	0.83	0.88	0.51	0.77	0.71	-0.27	0.66	0.7	0.58	-0.75	0.51	0.77
Total Stockholder Equity	0.99	-0.23	0.53		-0.77	0.76	-0.82	0.75	0.99	0.67	-0.62	-0.6	0.88	0.53	0.61	0.61	1.0	0.78	0.78	-0.25	0.88	0.82	1.0	-0.79	0.99	0.71
Other Liab	-0.82	-0.08	-0.53	-0.77		-0.98	0.86	-0.71	-0.71	-0.91	0.6	0.56	-0.79	-0.61	-0.81	-0.57	-0.73	-0.91	-0.95	0.44	-0.89	-0.9	-0.81	0.95	-0.74	-0.86
Net Tangible Assets	0.82	0.13	0.65	0.76	-0.98		-0.9	0.77	0.7	0.93	-0.74	-0.69	0.85	0.71	0.89	0.69	0.72	0.96	0.99	-0.49	0.92	0.93	0.8	-0.99	0.73	0.86
Retained Earnings	-0.85	0.08	-0.63	-0.82	0.86	-0.9		-0.86	-0.79	-0.74	0.78	0.76	-0.88	-0.86	-0.75	-0.74	-0.81	-0.96	-0.93	0.64	-0.96	-0.91	-0.86	0.92	-0.83	-0.76
Accounts Payable	0.8	-0.35	0.83	0.75	-0.71	0.77	-0.86		0.72	0.77	-0.9	-0.9	0.83	0.8	0.78	0.91	0.73	0.89	0.84	-0.34	0.89	0.91	0.78	-0.86	0.74	0.83
Cash	0.98	-0.23	0.49	0.99	-0.71	0.7	-0.79	0.72		0.59	-0.59	-0.57	0.87	0.51	0.56	0.58	1.0	0.73	0.72	-0.24	0.85	0.77	0.99	-0.74	1.0	0.66
Non Current Assets Total	0.74	0.01	0.76	0.67	-0.91	0.93	-0.74	0.77	0.59		-0.75	-0.71	0.76	0.55	0.92	0.73	0.61	0.88	0.93	-0.24	0.81	0.89	0.71	-0.94	0.61	0.92
Non Currrent Assets Other	-0.69	0.09	-0.94	-0.62	0.6	-0.74	0.78	-0.9	-0.59	-0.75		1.0	-0.84	-0.76	-0.86	-0.97	-0.61	-0.86	-0.79	0.35	-0.8	-0.81	-0.67	0.83	-0.62	-0.73
Other Assets	-0.66	0.14	-0.94	-0.6	0.56	-0.69	0.76	-0.9	-0.57	-0.71	1.0		-0.81	-0.76	-0.83	-0.97	-0.59	-0.83	-0.76	0.35	-0.77	-0.78	-0.65	0.79	-0.6	-0.7
Net Receivables	0.93	0.06	0.72	0.88	-0.79	0.85	-0.88	0.83	0.87	0.76	-0.84	-0.81		0.72	0.85	0.83	0.89	0.91	0.85	-0.34	0.95	0.91	0.92	-0.89	0.9	0.76
Other Current Assets	0.57	-0.08	0.6	0.53	-0.61	0.71	-0.86	0.8	0.51	0.55	-0.76	-0.76	0.72		0.63	0.75	0.53	0.81	0.76	-0.69	0.81	0.76	0.58	-0.74	0.55	0.52
Total Liab	0.7	0.23	0.83	0.61	-0.81	0.89	-0.75	0.78	0.56	0.92	-0.86	-0.83	0.85	0.63		0.84	0.58	0.9	0.87	-0.27	0.82	0.89	0.67	-0.92	0.59	0.86
Short Long Term Debt	0.68	-0.13	0.88	0.61	-0.57	0.69	-0.74	0.91	0.58	0.73	-0.97	-0.97	0.83	0.75	0.84		0.6	0.81	0.74	-0.2	0.8	0.83	0.65	-0.79	0.61	0.69
Total Current Assets	0.98	-0.21	0.51	1.0	-0.73	0.72	-0.81	0.73	1.0	0.61	-0.61	-0.59	0.89	0.53	0.58	0.6		0.75	0.74	-0.25	0.87	0.79	0.99	-0.76	1.0	0.67
Common Stock	0.84	0.01	0.77	0.78	-0.91	0.96	-0.96	0.89	0.73	0.88	-0.86	-0.83	0.91	0.81	0.9	0.81	0.75		0.98	-0.55	0.96	0.95	0.83	-0.98	0.77	0.87
Property Plant Equipment	0.83	-0.01	0.71	0.78	-0.95	0.99	-0.93	0.84	0.72	0.93	-0.79	-0.76	0.85	0.76	0.87	0.74	0.74	0.98		-0.53	0.93	0.94	0.82	-0.99	0.75	0.87
Net Debt	-0.27	-0.06	-0.27	-0.25	0.44	-0.49	0.64	-0.34	-0.24	-0.24	0.35	0.35	-0.34	-0.69	-0.27	-0.2	-0.25	-0.55	-0.53		-0.44	-0.32	-0.3	0.45	-0.29	-0.25
Common Stock Shares Outstanding	0.92	-0.04	0.66	0.88	-0.89	0.92	-0.96	0.89	0.85	0.81	-0.8	-0.77	0.95	0.81	0.82	0.8	0.87	0.96	0.93	-0.44		0.98	0.91	-0.95	0.88	0.81
Other Stockholder Equity	0.87	-0.04	0.7	0.82	-0.9	0.93	-0.91	0.91	0.77	0.89	-0.81	-0.78	0.91	0.76	0.89	0.83	0.79	0.95	0.94	-0.32	0.98		0.85	-0.96	0.8	0.89
Net Invested Capital	1.0	-0.18	0.58	1.0	-0.81	0.8	-0.86	0.78	0.99	0.71	-0.67	-0.65	0.92	0.58	0.67	0.65	0.99	0.83	0.82	-0.3	0.91	0.85		-0.84	0.99	0.75
Non Current Liabilities Other	-0.85	-0.02	-0.75	-0.79	0.95	-0.99	0.92	-0.86	-0.74	-0.94	0.83	0.79	-0.89	-0.74	-0.92	-0.79	-0.76	-0.98	-0.99	0.45	-0.95	-0.96	-0.84		-0.77	-0.9
Net Working Capital	0.98	-0.19	0.51	0.99	-0.74	0.73	-0.83	0.74	1.0	0.61	-0.62	-0.6	0.9	0.55	0.59	0.61	1.0	0.77	0.75	-0.29	0.88	0.8	0.99	-0.77		0.67
Intangible Assets	0.77	-0.13	0.77	0.71	-0.86	0.86	-0.76	0.83	0.66	0.92	-0.73	-0.7	0.76	0.52	0.86	0.69	0.67	0.87	0.87	-0.25	0.81	0.89	0.75	-0.9	0.67

Click cells to compare fundamentals

Ynvisible Interactive Account Relationship Matchups

Ynvisible Interactive fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.5M	6.0M	20.2M	15.1M	10.7M	8.4M
Other Current Liab	95.9K	1.0M	864.9K	426.5K	490.4K	661.2K
Total Current Liabilities	1.8M	2.1M	2.0M	1.5M	1.5M	1.8M
Total Stockholder Equity	4.0M	3.6M	18.1M	13.6M	9.0M	6.7M
Net Tangible Assets	(2.1M)	230.7K	3.7M	3.1M	3.5M	3.7M
Retained Earnings	(13.0M)	(16.6M)	(22.4M)	(27.0M)	(31.1M)	(29.5M)
Accounts Payable	514.8K	578.5K	1.2M	1.1M	1.2M	776.0K
Cash	2.1M	1.8M	16.1M	11.8M	7.4M	5.6M
Non Current Assets Total	3.6M	3.6M	2.7M	2.3M	2.0M	2.1M
Other Assets	637.0	15.1K	24.8K	17.6K	15.8K	15.0K
Net Receivables	601.2K	466.3K	1.1M	769.2K	808.9K	638.0K
Non Current Liabilities Total	711.2K	399.9K	72.6K	9.3K	164.7K	188.5K
Total Liab	2.5M	2.5M	2.1M	1.5M	1.7M	1.7M
Total Current Assets	2.9M	2.4M	17.4M	12.8M	8.7M	6.4M
Common Stock	2.2M	8.9M	15.0M	17.6M	20.2M	21.2M
Property Plant Equipment	4.7K	487.8K	3.4M	3.1M	3.5M	3.7M
Common Stock Shares Outstanding	73.3M	82.9M	124.7M	124.7M	143.4M	92.4M
Net Invested Capital	4.0M	3.6M	18.1M	13.6M	9.0M	7.4M
Net Working Capital	1.1M	371.9K	15.4M	11.3M	7.2M	5.3M
Intangible Assets	198.2K	424.4K	316.2K	244.3K	177.4K	232.2K
Capital Stock	15.0M	17.6M	37.5M	37.5M	43.2M	28.2M

Pair Trading with Ynvisible Interactive

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

Moving together with Ynvisible Stock

0.67

CEF

Sprott Physical Gold

Pair Corr

Moving against Ynvisible Stock

0.87	PVF-UN	Partners Value Inves	Pair Corr
0.71	CSOC-A	Canso Select Opportu	Pair Corr
0.64	HFPC-U	Helios Fairfax Partners	Pair Corr

The ability to find closely correlated positions to Ynvisible Interactive could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ynvisible Interactive 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 Ynvisible Interactive - 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 Ynvisible Interactive to buy it.

The correlation of Ynvisible Interactive 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 Ynvisible Interactive moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ynvisible Interactive 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 Ynvisible Interactive 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 Correlation Correlation Matching

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Ynvisible Interactive. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Complementary Tools for Ynvisible Stock analysis

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

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Please note, there is a significant difference between Ynvisible Interactive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ynvisible Interactive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ynvisible Interactive'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.

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Ynvisible Total Assets vs Total Current Assets Analysis

Total Assets vs Total Current Assets

Total Assets vs Total Current Assets Correlation Analysis

Correlation Coefficient

Total Assets

Total Current Assets

Ynvisible Interactive fundamental ratios Correlations

Ynvisible Interactive Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ynvisible Interactive fundamental ratios Accounts

Pair Trading with Ynvisible Interactive

Moving together with Ynvisible Stock

Moving against Ynvisible Stock

Complementary Tools for Ynvisible Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Stockholder Equity
Net Invested Capital	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Cash
Net Working Capital	+ 1.0	Cash
Other Assets	+ 1.0	Non Currrent Assets Other

Non Current Liabilities Other	- 0.99	Property Plant Equipment
Non Current Liabilities Other	- 0.99	Net Tangible Assets
Non Current Liabilities Other	- 0.98	Common Stock
Net Tangible Assets	- 0.98	Other Liab
Short Long Term Debt	- 0.97	Other Assets
Short Long Term Debt	- 0.97	Non Currrent Assets Other