Yantai Long Term Investments vs Net Tangible Assets Analysis

000811 Stock   10.45  0.18  1.75%   
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 Long Term Investments and its Net Tangible Assets 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.

Long Term Investments vs Net Tangible Assets

Long Term Investments vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yantai Moon Long Term Investments account and Net Tangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Yantai Moon's Long Term Investments and Net Tangible Assets is 0.56. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Net Tangible Assets 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 Long Term Investments and Net Tangible 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 Long Term Investments of Yantai Moon Co are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Long Term Investments i.e., Yantai Moon's Long Term Investments and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Long Term Investments

Long Term Investments is an item on the asset side of Yantai Moon balance sheet that represents investments Yantai Moon intends to hold for over a year. Yantai Moon Co long term investments may include different instruments such as stocks, bonds, real estate and cash.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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 27, 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.