YY Income Before Tax vs Ebit Analysis

YY Stock

USD 33.77 0.05 0.15%

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 Income Before Tax and its Ebit 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.

Income Before Tax vs Ebit

Income Before Tax vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of YY Inc Class Income Before Tax account and Ebit. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between YY's Income Before Tax and Ebit is 0.51. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Ebit 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 Income Before Tax and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of YY Inc Class are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Income Before Tax i.e., YY's Income Before Tax and Ebit go up and down completely randomly.

Correlation Coefficient

0.51

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on YY income statement and is an important metric when analyzing YY Inc Class profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Ebit

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

Interest Expense Depreciation And Amortization

YY fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets
Common Stock Shares Outstanding		0.92	0.7	0.7	0.95	0.92	0.58	-0.53	0.89	0.55	0.87	0.89	-0.03	0.0	0.95	0.66	0.81	0.89	0.66	0.72	0.93	0.8	0.62	0.94	0.38	0.93
Total Assets	0.92		0.9	0.89	0.94	0.98	0.44	-0.61	0.97	0.73	0.86	0.99	-0.15	-0.11	0.94	0.77	0.96	0.84	0.56	0.79	0.91	0.95	0.55	0.94	0.53	0.92
Other Current Liab	0.7	0.9		0.99	0.74	0.85	0.19	-0.57	0.89	0.85	0.71	0.9	-0.27	-0.24	0.76	0.75	0.92	0.69	0.32	0.74	0.66	0.98	0.28	0.79	0.66	0.76
Total Current Liabilities	0.7	0.89	0.99		0.72	0.86	0.23	-0.52	0.89	0.9	0.67	0.9	-0.25	-0.22	0.75	0.75	0.93	0.69	0.26	0.7	0.65	0.97	0.27	0.77	0.75	0.76
Total Stockholder Equity	0.95	0.94	0.74	0.72		0.92	0.48	-0.63	0.91	0.53	0.93	0.92	-0.11	-0.07	0.98	0.65	0.84	0.89	0.65	0.77	0.98	0.81	0.67	0.98	0.34	0.96
Property Plant And Equipment Net	0.92	0.98	0.85	0.86	0.92		0.49	-0.59	0.98	0.75	0.83	0.98	-0.07	0.01	0.9	0.78	0.93	0.84	0.52	0.7	0.89	0.91	0.6	0.91	0.56	0.91
Current Deferred Revenue	0.58	0.44	0.19	0.23	0.48	0.49		-0.09	0.35	0.22	0.26	0.38	0.33	0.2	0.54	0.43	0.29	0.55	0.23	0.24	0.53	0.26	0.04	0.52	0.1	0.55
Net Debt	-0.53	-0.61	-0.57	-0.52	-0.63	-0.59	-0.09		-0.69	-0.34	-0.8	-0.59	0.14	0.37	-0.57	-0.69	-0.47	-0.47	-0.16	-0.33	-0.57	-0.51	-0.5	-0.58	-0.09	-0.5
Retained Earnings	0.89	0.97	0.89	0.89	0.91	0.98	0.35	-0.69		0.78	0.87	0.98	-0.16	-0.12	0.88	0.79	0.93	0.81	0.47	0.69	0.85	0.92	0.62	0.89	0.58	0.87
Accounts Payable	0.55	0.73	0.85	0.9	0.53	0.75	0.22	-0.34	0.78		0.43	0.77	-0.08	-0.09	0.52	0.74	0.82	0.59	0.01	0.42	0.46	0.81	0.24	0.55	0.89	0.56
Cash	0.87	0.86	0.71	0.67	0.93	0.83	0.26	-0.8	0.87	0.43		0.83	-0.11	-0.14	0.9	0.62	0.72	0.76	0.63	0.72	0.88	0.76	0.68	0.9	0.22	0.84
Non Current Assets Total	0.89	0.99	0.9	0.9	0.92	0.98	0.38	-0.59	0.98	0.77	0.83		-0.17	-0.1	0.9	0.77	0.98	0.81	0.53	0.76	0.89	0.95	0.59	0.91	0.58	0.9
Non Currrent Assets Other	-0.03	-0.15	-0.27	-0.25	-0.11	-0.07	0.33	0.14	-0.16	-0.08	-0.11	-0.17		0.75	-0.1	0.07	-0.27	-0.04	0.06	-0.27	-0.1	-0.21	-0.14	-0.1	-0.21	-0.18
Other Assets	0.0	-0.11	-0.24	-0.22	-0.07	0.01	0.2	0.37	-0.12	-0.09	-0.14	-0.1	0.75		-0.09	-0.23	-0.14	-0.01	0.23	-0.11	-0.07	-0.14	0.01	-0.1	-0.09	-0.09
Cash And Short Term Investments	0.95	0.94	0.76	0.75	0.98	0.9	0.54	-0.57	0.88	0.52	0.9	0.9	-0.1	-0.09		0.64	0.83	0.88	0.68	0.83	0.96	0.84	0.53	1.0	0.33	0.97
Net Receivables	0.66	0.77	0.75	0.75	0.65	0.78	0.43	-0.69	0.79	0.74	0.62	0.77	0.07	-0.23	0.64		0.71	0.62	0.11	0.31	0.62	0.71	0.33	0.65	0.47	0.6
Good Will	0.81	0.96	0.92	0.93	0.84	0.93	0.29	-0.47	0.93	0.82	0.72	0.98	-0.27	-0.14	0.83	0.71		0.76	0.47	0.76	0.81	0.96	0.51	0.84	0.65	0.84
Common Stock Total Equity	0.89	0.84	0.69	0.69	0.89	0.84	0.55	-0.47	0.81	0.59	0.76	0.81	-0.04	-0.01	0.88	0.62	0.76		0.44	0.67	0.87	0.74	0.5	0.89	0.41	0.87
Non Current Liabilities Total	0.66	0.56	0.32	0.26	0.65	0.52	0.23	-0.16	0.47	0.01	0.63	0.53	0.06	0.23	0.68	0.11	0.47	0.44		0.67	0.68	0.49	0.5	0.65	-0.13	0.59
Other Current Assets	0.72	0.79	0.74	0.7	0.77	0.7	0.24	-0.33	0.69	0.42	0.72	0.76	-0.27	-0.11	0.83	0.31	0.76	0.67	0.67		0.76	0.8	0.32	0.83	0.32	0.81
Other Stockholder Equity	0.93	0.91	0.66	0.65	0.98	0.89	0.53	-0.57	0.85	0.46	0.88	0.89	-0.1	-0.07	0.96	0.62	0.81	0.87	0.68	0.76		0.75	0.67	0.95	0.25	0.93
Total Liab	0.8	0.95	0.98	0.97	0.81	0.91	0.26	-0.51	0.92	0.81	0.76	0.95	-0.21	-0.14	0.84	0.71	0.96	0.74	0.49	0.8	0.75		0.37	0.86	0.64	0.84
Property Plant And Equipment Gross	0.62	0.55	0.28	0.27	0.67	0.6	0.04	-0.5	0.62	0.24	0.68	0.59	-0.14	0.01	0.53	0.33	0.51	0.5	0.5	0.32	0.67	0.37		0.51	0.15	0.52
Total Current Assets	0.94	0.94	0.79	0.77	0.98	0.91	0.52	-0.58	0.89	0.55	0.9	0.91	-0.1	-0.1	1.0	0.65	0.84	0.89	0.65	0.83	0.95	0.86	0.51		0.35	0.97
Short Term Debt	0.38	0.53	0.66	0.75	0.34	0.56	0.1	-0.09	0.58	0.89	0.22	0.58	-0.21	-0.09	0.33	0.47	0.65	0.41	-0.13	0.32	0.25	0.64	0.15	0.35		0.45
Intangible Assets	0.93	0.92	0.76	0.76	0.96	0.91	0.55	-0.5	0.87	0.56	0.84	0.9	-0.18	-0.09	0.97	0.6	0.84	0.87	0.59	0.81	0.93	0.84	0.52	0.97	0.45

Click cells to compare fundamentals

YY Account Relationship Matchups

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

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards YY in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, YY's short interest history, or implied volatility extrapolated from YY options trading.

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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:

How To Invest In YY

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Is YY Stock a good investment?

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What is YY's Net Worth?

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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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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

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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.

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YY Income Before Tax vs Ebit Analysis

Income Before Tax vs Ebit

Income Before Tax vs Ebit Correlation Analysis

Correlation Coefficient

Income Before Tax

Ebit

YY fundamental ratios Correlations

YY Account Relationship Matchups

High Positive Relationship

High Negative Relationship

YY fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Cash And Short Term Investments
Non Current Assets Total	+ 0.99	Total Assets
Total Current Liabilities	+ 0.99	Other Current Liab
Property Plant And Equipment Net	+ 0.98	Total Assets
Total Liab	+ 0.98	Other Current Liab
Cash And Short Term Investments	+ 0.98	Total Stockholder Equity

Cash	- 0.8	Net Debt
Net Receivables	- 0.69	Net Debt
Retained Earnings	- 0.69	Net Debt
Net Debt	- 0.63	Total Stockholder Equity
Net Debt	- 0.61	Total Assets
Non Current Assets Total	- 0.59	Net Debt