YY Net Working Capital vs Total Assets 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 Net Working Capital and its Total Assets 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.
Net Working Capital vs Total Assets
Net Working Capital vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of YY Inc Class Net Working Capital account and Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between YY's Net Working Capital and Total Assets is -0.03. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Total Assets 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 Net Working Capital and Total 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 Net Working Capital of YY Inc Class are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Working Capital i.e., YY's Net Working Capital and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.03 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Working Capital
Total Assets
Total assets refers to the total amount of YY 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 YY Inc Class 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.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 |
Also Currently Popular
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.MSFT | Microsoft | |
GM | General Motors | |
CRM | Salesforce |
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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for YY Stock analysis
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.
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency |
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.