YY Short Term Investments vs Net Invested Capital Analysis
YY Stock | USD 33.96 0.15 0.44% |
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 Short Term Investments and its Net Invested Capital 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.
Short Term Investments vs Net Invested Capital
Short Term Investments vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of YY Inc Class Short Term Investments account and Net Invested Capital. At this time, the significance of the direction appears to have weak relationship.
The correlation between YY's Short Term Investments and Net Invested Capital is 0.31. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Net Invested Capital 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 Short Term Investments and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of YY Inc Class are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Short Term Investments i.e., YY's Short Term Investments and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.31 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Short Term Investments
Short Term Investments is an item under the current assets section of YY balance sheet. It contains any investments YY Inc Class undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that YY Inc Class can easily liquidate in the marketplace.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.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.C | Citigroup | |
CRM | Salesforce | |
MSFT | Microsoft |
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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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.
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum |
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.