Yantai Investments vs Depreciation Analysis

000811 Stock   10.47  0.24  2.35%   
Yantai Moon financial indicator trend analysis is more than just analyzing Yantai Moon current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yantai Moon is a good investment. Please check the relationship between Yantai Moon Investments and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Yantai Moon Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Investments vs Depreciation

Investments vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yantai Moon Investments account and Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Yantai Moon's Investments and Depreciation is -0.23. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Depreciation in the same time period over historical financial statements of Yantai Moon Co, assuming nothing else is changed. The correlation between historical values of Yantai Moon's Investments and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Yantai Moon Co are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Investments i.e., Yantai Moon's Investments and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Depreciation

Depreciation indicates how much of Yantai Moon value has been used up. For tax purposes Yantai Moon can deduct the cost of the tangible assets it purchases as business expenses. However, Yantai Moon Co must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Yantai Moon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yantai Moon 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Yantai Moon Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of November 30, 2024, Selling General Administrative is expected to decline to about 326.1 M. In addition to that, Tax Provision is expected to decline to about 41.8 M
 2021 2022 2023 2024 (projected)
Operating Income328.8M351.9M632.6M664.2M
Total Revenue5.4B6.1B7.5B7.9B

Yantai Moon fundamental ratios Correlations

0.590.980.990.970.990.990.99-0.210.330.920.960.41.00.50.940.990.890.810.910.73-0.710.71-0.340.92-0.8
0.590.60.580.570.60.610.58-0.070.080.450.560.930.590.390.510.510.430.470.620.47-0.430.21-0.060.62-0.5
0.980.60.960.940.960.990.99-0.20.20.890.980.410.990.50.890.970.850.790.880.7-0.630.65-0.30.92-0.75
0.990.580.960.970.990.980.98-0.210.340.90.940.40.980.480.960.990.910.790.920.73-0.740.69-0.350.92-0.83
0.970.570.940.970.980.950.96-0.250.40.910.880.430.960.530.940.960.880.870.910.72-0.820.73-0.410.89-0.85
0.990.60.960.990.980.980.98-0.280.350.940.920.440.980.570.950.980.870.840.910.68-0.790.71-0.40.91-0.85
0.990.610.990.980.950.980.99-0.20.280.910.980.430.990.490.920.980.870.780.910.72-0.680.69-0.350.93-0.8
0.990.580.990.980.960.980.99-0.220.270.90.970.410.990.480.910.980.880.780.910.74-0.680.69-0.340.93-0.79
-0.21-0.07-0.2-0.21-0.25-0.28-0.2-0.22-0.03-0.28-0.12-0.1-0.2-0.47-0.11-0.15-0.15-0.33-0.17-0.10.27-0.240.15-0.160.2
0.330.080.20.340.40.350.280.27-0.030.470.160.080.320.330.420.330.290.510.320.33-0.580.72-0.180.25-0.33
0.920.450.890.90.910.940.910.9-0.280.470.840.290.920.650.920.920.710.910.770.52-0.810.83-0.550.78-0.8
0.960.560.980.940.880.920.980.97-0.120.160.840.350.970.420.860.950.840.690.850.73-0.530.61-0.270.91-0.71
0.40.930.410.40.430.440.430.41-0.10.080.290.350.410.330.330.340.30.380.530.32-0.40.09-0.040.5-0.44
1.00.590.990.980.960.980.990.99-0.20.320.920.970.410.520.920.990.860.820.890.73-0.690.72-0.320.92-0.77
0.50.390.50.480.530.570.490.48-0.470.330.650.420.330.520.480.450.220.780.410.17-0.510.53-0.270.4-0.38
0.940.510.890.960.940.950.920.91-0.110.420.920.860.330.920.480.950.830.790.850.63-0.820.7-0.520.83-0.88
0.990.510.970.990.960.980.980.98-0.150.330.920.950.340.990.450.950.90.80.890.7-0.710.71-0.350.9-0.79
0.890.430.850.910.880.870.870.88-0.150.290.710.840.30.860.220.830.90.580.890.73-0.610.51-0.160.87-0.74
0.810.470.790.790.870.840.780.78-0.330.510.910.690.380.820.780.790.80.580.690.46-0.790.78-0.410.67-0.67
0.910.620.880.920.910.910.910.91-0.170.320.770.850.530.890.410.850.890.890.690.73-0.680.56-0.260.98-0.81
0.730.470.70.730.720.680.720.74-0.10.330.520.730.320.730.170.630.70.730.460.73-0.370.52-0.10.73-0.56
-0.71-0.43-0.63-0.74-0.82-0.79-0.68-0.680.27-0.58-0.81-0.53-0.4-0.69-0.51-0.82-0.71-0.61-0.79-0.68-0.37-0.720.62-0.60.85
0.710.210.650.690.730.710.690.69-0.240.720.830.610.090.720.530.70.710.510.780.560.52-0.72-0.380.57-0.53
-0.34-0.06-0.3-0.35-0.41-0.4-0.35-0.340.15-0.18-0.55-0.27-0.04-0.32-0.27-0.52-0.35-0.16-0.41-0.26-0.10.62-0.38-0.250.73
0.920.620.920.920.890.910.930.93-0.160.250.780.910.50.920.40.830.90.870.670.980.73-0.60.57-0.25-0.78
-0.8-0.5-0.75-0.83-0.85-0.85-0.8-0.790.2-0.33-0.8-0.71-0.44-0.77-0.38-0.88-0.79-0.74-0.67-0.81-0.560.85-0.530.73-0.78
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Yantai Moon Account Relationship Matchups

Yantai Moon fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.4B8.2B9.9B10.9B11.4B12.0B
Other Current Liab696.3M873.7M1.3B1.7B332.9M511.5M
Total Current Liabilities2.7B3.1B4.2B5.3B5.1B5.3B
Total Stockholder Equity3.8B4.3B4.8B4.9B5.4B5.6B
Other Liab200.8M280.6M291.2M267.1M307.2M322.6M
Retained Earnings2.7B2.8B3.2B3.5B3.6B3.8B
Accounts Payable1.4B1.4B2.0B2.4B2.3B2.4B
Cash1.2B1.4B1.7B2.3B2.2B2.3B
Other Assets99.8M115.3M126.0M129.4M148.8M105.7M
Long Term Debt519.8M291.2M389.5M11.5M342.7M202.4M
Net Receivables1.4B1.0B1.3B1.5B1.7B1.8B
Inventory709.2M715.0M1.1B1.4B1.4B1.5B
Other Current Assets143.7M179.1M212.7M307.1M22.7M21.5M
Total Liab3.5B3.7B4.9B5.6B5.7B6.0B
Intangible Assets205.9M176.7M179.1M222.5M218.5M111.5M
Property Plant Equipment1.1B1.1B1.2B1.4B1.6B1.6B
Short Term Investments736.4M791.3M974.8M622.2M1.1B1.1B
Net Tangible Assets2.8B3.3B3.8B3.9B4.5B2.7B
Other Stockholder Equity(54.9M)246.4M382.6M268.5M308.8M324.2M
Deferred Long Term Liab2.4M1.8M6.9M9.7M8.7M5.8M
Short Long Term Debt385.5M413.3M527.4M418.5M380.5M319.8M
Total Current Assets4.3B4.6B6.0B6.9B7.5B4.9B
Non Current Assets Total3.1B3.6B3.9B4.0B3.9B3.6B
Non Currrent Assets Other16.0M28.8M29.7M27.0M26.2M22.4M
Non Current Liabilities Total720.6M572.9M724.3M314.6M609.5M460.3M
Non Current Liabilities Other510.8M1.1M26.4M(33.7M)(54.1M)(51.4M)
Net Invested Capital4.7B5.0B5.7B5.4B6.1B5.2B
Net Working Capital1.6B1.5B1.8B1.6B2.4B1.6B

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Other Information on Investing in Yantai Stock

Balance Sheet is a snapshot of the financial position of Yantai Moon at a specified time, usually calculated after every quarter, six months, or one year. Yantai Moon Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Yantai Moon and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Yantai currently owns. An asset can also be divided into two categories, current and non-current.