YGSOFT Inventory vs Retained Earnings Analysis

002063 Stock

6.27 0.17 2.64%

YGSOFT financial indicator trend analysis is more than just analyzing YGSOFT Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether YGSOFT Inc is a good investment. Please check the relationship between YGSOFT Inventory and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in YGSOFT Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Inventory vs Retained Earnings

Inventory vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of YGSOFT Inc Inventory account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.

The correlation between YGSOFT's Inventory and Retained Earnings is 0.76. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of YGSOFT Inc, assuming nothing else is changed. The correlation between historical values of YGSOFT's Inventory and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of YGSOFT Inc are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Inventory i.e., YGSOFT's Inventory and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.76

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Inventory

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from YGSOFT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into YGSOFT Inc 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 YGSOFT Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Tax Provision is expected to grow to about 11.8 M, whereas Selling General Administrative is forecasted to decline to about 110.6 M.

	2021	2022	2023	2024 (projected)
Operating Income	344.2M	403.7M	395.4M	206.2M
Total Revenue	1.9B	2.1B	2.4B	2.5B

Operating Income Total Revenue

YGSOFT fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Net Receivables	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Short Term Investments	Intangible Assets	Other Assets	Other Liab	Inventory	Good Will	Treasury Stock	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		-0.47	0.97	1.0	0.68	0.93	-0.06	0.88	0.29	0.95	0.98	0.99	0.37	0.94	0.95	-0.17	0.69	0.79	0.64	0.86	-0.82	0.8	0.88	0.88	0.83	-0.72
Other Current Liab	-0.47		-0.51	-0.46	-0.03	-0.66	0.71	-0.51	-0.28	-0.41	-0.57	-0.46	-0.44	-0.73	-0.55	0.69	-0.31	-0.41	-0.55	-0.72	0.63	-0.62	-0.72	-0.76	-0.72	0.61
Total Current Liabilities	0.97	-0.51		0.95	0.59	0.96	-0.07	0.87	0.34	0.99	0.95	0.96	0.24	0.94	0.91	-0.16	0.76	0.83	0.58	0.84	-0.77	0.76	0.88	0.85	0.77	-0.65
Total Stockholder Equity	1.0	-0.46	0.95		0.69	0.91	-0.07	0.87	0.28	0.93	0.97	0.98	0.41	0.93	0.94	-0.2	0.67	0.77	0.66	0.86	-0.82	0.8	0.87	0.88	0.84	-0.74
Retained Earnings	0.68	-0.03	0.59	0.69		0.46	0.03	0.65	0.14	0.59	0.59	0.69	0.46	0.49	0.75	0.11	0.76	0.76	0.64	0.57	-0.76	0.62	0.51	0.51	0.62	-0.71
Accounts Payable	0.93	-0.66	0.96	0.91	0.46		-0.26	0.88	0.41	0.93	0.96	0.93	0.28	0.98	0.87	-0.29	0.63	0.71	0.57	0.89	-0.75	0.77	0.94	0.92	0.82	-0.64
Cash	-0.06	0.71	-0.07	-0.07	0.03	-0.26		-0.29	-0.21	0.04	-0.2	-0.11	-0.53	-0.31	-0.19	0.59	-0.05	-0.03	-0.31	-0.39	0.35	-0.31	-0.35	-0.38	-0.41	0.42
Net Receivables	0.88	-0.51	0.87	0.87	0.65	0.88	-0.29		0.26	0.84	0.91	0.9	0.26	0.87	0.86	-0.26	0.66	0.72	0.64	0.86	-0.77	0.76	0.87	0.83	0.8	-0.72
Other Current Assets	0.29	-0.28	0.34	0.28	0.14	0.41	-0.21	0.26		0.31	0.27	0.24	0.06	0.32	0.2	-0.12	0.3	0.15	0.22	0.3	-0.2	0.2	0.39	0.39	0.23	-0.23
Total Liab	0.95	-0.41	0.99	0.93	0.59	0.93	0.04	0.84	0.31		0.91	0.95	0.17	0.89	0.88	0.0	0.71	0.79	0.49	0.78	-0.71	0.7	0.83	0.79	0.71	-0.56
Common Stock	0.98	-0.57	0.95	0.97	0.59	0.96	-0.2	0.91	0.27	0.91		0.97	0.36	0.97	0.92	-0.31	0.64	0.73	0.64	0.91	-0.81	0.83	0.92	0.91	0.87	-0.73
Property Plant Equipment	0.99	-0.46	0.96	0.98	0.69	0.93	-0.11	0.9	0.24	0.95	0.97		0.36	0.93	0.94	-0.14	0.7	0.79	0.67	0.87	-0.81	0.78	0.87	0.87	0.83	-0.72
Short Term Investments	0.37	-0.44	0.24	0.41	0.46	0.28	-0.53	0.26	0.06	0.17	0.36	0.36		0.38	0.5	-0.35	0.25	0.32	0.46	0.5	-0.62	0.55	0.39	0.51	0.62	-0.59
Intangible Assets	0.94	-0.73	0.94	0.93	0.49	0.98	-0.31	0.87	0.32	0.89	0.97	0.93	0.38		0.92	-0.38	0.62	0.73	0.66	0.93	-0.83	0.84	0.95	0.96	0.89	-0.75
Other Assets	0.95	-0.55	0.91	0.94	0.75	0.87	-0.19	0.86	0.2	0.88	0.92	0.94	0.5	0.92		-0.2	0.76	0.85	0.71	0.88	-0.93	0.87	0.85	0.88	0.89	-0.85
Other Liab	-0.17	0.69	-0.16	-0.2	0.11	-0.29	0.59	-0.26	-0.12	0.0	-0.31	-0.14	-0.35	-0.38	-0.2		-0.13	-0.17	-0.49	-0.42	0.34	-0.39	-0.37	-0.45	-0.46	0.44
Inventory	0.69	-0.31	0.76	0.67	0.76	0.63	-0.05	0.66	0.3	0.71	0.64	0.7	0.25	0.62	0.76	-0.13		0.95	0.68	0.59	-0.75	0.63	0.58	0.59	0.6	-0.69
Good Will	0.79	-0.41	0.83	0.77	0.76	0.71	-0.03	0.72	0.15	0.79	0.73	0.79	0.32	0.73	0.85	-0.17	0.95		0.72	0.69	-0.84	0.7	0.68	0.68	0.71	-0.72
Treasury Stock	0.64	-0.55	0.58	0.66	0.64	0.57	-0.31	0.64	0.22	0.49	0.64	0.67	0.46	0.66	0.71	-0.49	0.68	0.72		0.69	-0.77	0.62	0.63	0.7	0.76	-0.85
Net Tangible Assets	0.86	-0.72	0.84	0.86	0.57	0.89	-0.39	0.86	0.3	0.78	0.91	0.87	0.5	0.93	0.88	-0.42	0.59	0.69	0.69		-0.87	0.94	0.98	0.98	0.98	-0.76
Deferred Long Term Liab	-0.82	0.63	-0.77	-0.82	-0.76	-0.75	0.35	-0.77	-0.2	-0.71	-0.81	-0.81	-0.62	-0.83	-0.93	0.34	-0.75	-0.84	-0.77	-0.87		-0.89	-0.81	-0.85	-0.91	0.93
Long Term Investments	0.8	-0.62	0.76	0.8	0.62	0.77	-0.31	0.76	0.2	0.7	0.83	0.78	0.55	0.84	0.87	-0.39	0.63	0.7	0.62	0.94	-0.89		0.89	0.91	0.96	-0.78
Total Current Assets	0.88	-0.72	0.88	0.87	0.51	0.94	-0.35	0.87	0.39	0.83	0.92	0.87	0.39	0.95	0.85	-0.37	0.58	0.68	0.63	0.98	-0.81	0.89		0.97	0.93	-0.68
Non Current Assets Total	0.88	-0.76	0.85	0.88	0.51	0.92	-0.38	0.83	0.39	0.79	0.91	0.87	0.51	0.96	0.88	-0.45	0.59	0.68	0.7	0.98	-0.85	0.91	0.97		0.96	-0.77
Non Currrent Assets Other	0.83	-0.72	0.77	0.84	0.62	0.82	-0.41	0.8	0.23	0.71	0.87	0.83	0.62	0.89	0.89	-0.46	0.6	0.71	0.76	0.98	-0.91	0.96	0.93	0.96		-0.83
Non Current Liabilities Total	-0.72	0.61	-0.65	-0.74	-0.71	-0.64	0.42	-0.72	-0.23	-0.56	-0.73	-0.72	-0.59	-0.75	-0.85	0.44	-0.69	-0.72	-0.85	-0.76	0.93	-0.78	-0.68	-0.77	-0.83

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YGSOFT Account Relationship Matchups

YGSOFT fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.9B	3.1B	3.5B	3.9B	4.3B	4.5B
Other Current Liab	31.0M	37.1M	47.6M	1.6M	5.4M	5.1M
Total Current Liabilities	311.4M	357.7M	463.4M	577.6M	603.8M	634.0M
Total Stockholder Equity	2.5B	2.6B	2.9B	3.2B	3.4B	3.6B
Retained Earnings	1.5B	1.5B	1.5B	1.2B	1.1B	800.1M
Accounts Payable	135.4M	195.5M	275.2M	387.8M	379.5M	398.5M
Cash	294.2M	237.2M	257.8M	335.3M	816.0M	604.4M
Net Receivables	862.2M	913.8M	2.2B	1.5B	1.4B	1.5B
Other Current Assets	11.3M	8.9M	11.3M	570.3M	251.7K	239.1K
Total Liab	323.9M	370.6M	481.9M	600.2M	657.7M	690.6M
Common Stock	849.4M	848.1M	1.1B	1.3B	1.5B	1.6B
Property Plant Equipment	230.3M	262.8M	300.3M	347.5M	399.6M	419.6M
Short Term Investments	870M	552.7M	120M	241.5M	277.7M	150.5M
Intangible Assets	150.2M	175.2M	216.8M	282.5M	320.6M	336.7M
Other Assets	66.5M	79.5M	76.6M	78.6M	90.3M	94.9M
Other Liab	13.7M	12.5M	12.9M	11.2M	12.9M	12.2M
Inventory	31.6M	31.6M	33.7M	39.9M	28.9M	28.0M
Net Tangible Assets	2.3B	2.4B	2.6B	2.7B	3.1B	2.4B
Deferred Long Term Liab	3.4M	557.4K	317.4K	2.7M	2.4M	4.4M
Total Current Assets	2.1B	2.3B	2.6B	2.9B	3.2B	2.5B
Non Current Assets Total	837.0M	792.6M	852.4M	991.5M	1.0B	889.7M
Non Current Liabilities Total	12.5M	12.9M	18.5M	22.5M	53.9M	27.6M
Common Stock Shares Outstanding	1.1B	1.1B	1.3B	1.6B	1.9B	1.5B
Other Stockholder Equity	(3.8K)	11.0M	(38.8M)	(59.9M)	(53.9M)	(51.2M)
Net Invested Capital	2.5B	2.6B	2.9B	3.2B	3.4B	3.0B
Net Working Capital	1.8B	2.0B	2.2B	2.4B	2.6B	2.2B
Capital Stock	848.1M	1.1B	1.3B	1.6B	1.9B	1.4B

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Other Information on Investing in YGSOFT Stock

Balance Sheet is a snapshot of the financial position of YGSOFT Inc at a specified time, usually calculated after every quarter, six months, or one year. YGSOFT Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of YGSOFT 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 YGSOFT currently owns. An asset can also be divided into two categories, current and non-current.

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YGSOFT Inventory vs Retained Earnings Analysis

Inventory vs Retained Earnings

Inventory vs Retained Earnings Correlation Analysis

Correlation Coefficient

Inventory

Retained Earnings

YGSOFT fundamental ratios Correlations

YGSOFT Account Relationship Matchups

High Positive Relationship

High Negative Relationship

YGSOFT fundamental ratios Accounts

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Other Information on Investing in YGSOFT Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Property Plant Equipment	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Common Stock	+ 0.98	Total Assets
Property Plant Equipment	+ 0.98	Total Stockholder Equity
Intangible Assets	+ 0.98	Accounts Payable

Deferred Long Term Liab	- 0.93	Other Assets
Non Currrent Assets Other	- 0.91	Deferred Long Term Liab
Long Term Investments	- 0.89	Deferred Long Term Liab
Deferred Long Term Liab	- 0.87	Net Tangible Assets
Non Current Assets Total	- 0.85	Deferred Long Term Liab
Non Current Liabilities Total	- 0.85	Treasury Stock