YY Good Will vs Long Term Investments Analysis
YY Stock | USD 32.54 0.08 0.25% |
YY financial indicator trend analysis is more than just analyzing YY Inc Class current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether YY Inc Class is a good investment. Please check the relationship between YY Good Will and its Long Term Investments accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in YY Inc Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
Good Will vs Long Term Investments
Good Will vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of YY Inc Class Good Will account and Long Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between YY's Good Will and Long Term Investments is 0.2. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of YY Inc Class, assuming nothing else is changed. The correlation between historical values of YY's Good Will and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of YY Inc Class are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Good Will i.e., YY's Good Will and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Long Term Investments
Long Term Investments is an item on the asset side of YY balance sheet that represents investments YY Inc Class intends to hold for over a year. YY Inc Class long term investments may include different instruments such as stocks, bonds, real estate and cash.Most indicators from YY's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into YY Inc Class 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 YY Inc Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. Selling General Administrative is likely to drop to about 97.6 M in 2024. Tax Provision is likely to drop to about 17.9 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 14.5M | 12.8M | 10.4M | 15.5M | Depreciation And Amortization | 90.9M | 108.0M | 132.5M | 139.1M |
YY fundamental ratios Correlations
Click cells to compare fundamentals
YY Account Relationship Matchups
High Positive Relationship
High Negative Relationship
YY fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 77.2M | 80.0M | 78.1M | 73.6M | 73.1M | 69.0M | |
Total Assets | 7.5B | 8.1B | 9.1B | 9.1B | 8.5B | 8.9B | |
Other Current Liab | 764.2M | 727.3M | 2.4B | 2.4B | 2.5B | 2.6B | |
Total Current Liabilities | 1.1B | 942.9M | 2.5B | 3.1B | 3.1B | 3.2B | |
Total Stockholder Equity | 4.7B | 6.2B | 5.5B | 5.2B | 5.2B | 2.6B | |
Property Plant And Equipment Net | 361.9M | 422.7M | 382.0M | 376.4M | 420.9M | 441.9M | |
Current Deferred Revenue | 213.4M | 67.9M | 64.3M | 89.5M | 79.7M | 85.3M | |
Net Debt | 278.8M | (827.5M) | (896.3M) | (306.9M) | (575.4M) | (546.7M) | |
Retained Earnings | 1.5B | 3.0B | 2.7B | 2.7B | 2.9B | 3.1B | |
Accounts Payable | 17.8M | 20.9M | 18.0M | 56M | 66.8M | 70.1M | |
Cash | 556.5M | 1.7B | 1.8B | 1.2B | 1.1B | 657.5M | |
Non Current Assets Total | 3.3B | 4.2B | 4.0B | 4.4B | 4.4B | 4.6B | |
Non Currrent Assets Other | 74.8M | 36.2M | 4.9M | 12.6M | 16.8M | 15.9M | |
Other Assets | 651.0M | 365.2M | 4.9M | 12.6M | 14.5M | 13.8M | |
Cash And Short Term Investments | 3.8B | 3.6B | 4.4B | 3.9B | 3.3B | 2.0B | |
Net Receivables | 126.4M | 143.6M | 171.4M | 119.7M | 291.7M | 306.3M | |
Good Will | 1.9B | 1.9B | 2.0B | 2.6B | 2.6B | 2.8B | |
Liabilities And Stockholders Equity | 7.5B | 8.1B | 9.1B | 9.1B | 8.5B | 8.9B | |
Non Current Liabilities Total | 812.9M | 836.2M | 979.8M | 497.2M | 107.4M | 102.1M | |
Other Current Assets | 138.8M | 102.7M | 213.7M | 236.2M | 79.6M | 79.3M | |
Other Stockholder Equity | 3.1B | 3.4B | 2.7B | 2.6B | 2.4B | 1.5B | |
Total Liab | 1.9B | 1.8B | 3.5B | 3.6B | 3.2B | 3.4B | |
Property Plant And Equipment Gross | 361.9M | 2.8B | 382.0M | 376.4M | 735.5M | 469.6M | |
Total Current Assets | 4.1B | 3.9B | 5.1B | 4.6B | 4.1B | 2.3B | |
Accumulated Other Comprehensive Income | 148.7M | (113.4M) | 96.0M | (129.7M) | (159.3M) | (151.3M) | |
Short Term Debt | 96.2M | 126.7M | 11.0M | 484.8M | 470.1M | 493.6M | |
Intangible Assets | 702.7M | 602.2M | 682.1M | 728.3M | 649.8M | 334.6M | |
Common Stock | 11.6K | 14.9K | 15.6K | 16K | 12K | 13.3K | |
Property Plant Equipment | 2.5B | 2.8B | 382.0M | 376.4M | 432.9M | 857.1M | |
Other Liab | 982.7M | 799.9M | 115.8M | 165.4M | 190.2M | 300.1M | |
Short Term Investments | 3.2B | 1.8B | 2.6B | 2.7B | 2.2B | 1.4B | |
Inventory | 94.0M | 97.6M | 297.3M | 351.1M | 392.1M | 411.8M | |
Net Tangible Assets | 15.2B | 24.5B | 2.9B | 1.8B | 2.1B | 2.0B | |
Long Term Debt | 5.0B | 5.1B | 924.1M | 401.2M | 461.3M | 438.3M | |
Long Term Investments | 2.4B | 8.1B | 1.0B | 660.4M | 544.5M | 517.3M | |
Short Long Term Debt | 6.9M | 557.2M | 734.4M | 472.4M | 457.7M | 838.5M | |
Short Long Term Debt Total | 835.3M | 913.1M | 940.9M | 907.6M | 488.5M | 590.8M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether YY Inc Class offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of YY'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 Yy Inc Class Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Yy Inc Class Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in YY Inc Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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Is YY'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 YY. If investors know YY 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 YY 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 (0.71) | Earnings Share 4.8 | Revenue Per Share 34.658 | Quarterly Revenue Growth (0.06) | Return On Assets 0.0025 |
The market value of YY Inc Class is measured differently than its book value, which is the value of YY that is recorded on the company's balance sheet. Investors also form their own opinion of YY's value that differs from its market value or its book value, called intrinsic value, which is YY'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 YY's market value can be influenced by many factors that don't directly affect YY'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 YY's value and its price as these two are different measures arrived at by different means. Investors typically determine if YY is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, YY'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.