Yantai Net Income vs Change To Liabilities 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 Net Income and its Change To Liabilities 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.

Net Income vs Change To Liabilities

Net Income vs Change To Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yantai Moon Net Income account and Change To Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Yantai Moon's Net Income and Change To Liabilities is -0.13. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Liabilities 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 Net Income and Change To Liabilities 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 Income of Yantai Moon Co are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Net Income i.e., Yantai Moon's Net Income and Change To Liabilities go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Yantai Moon financial statement analysis. It represents the amount of money remaining after all of Yantai Moon Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change To Liabilities

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
Click cells to compare fundamentals

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

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.

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.