002063 Stock | | | 6.19 0.08 1.28% |
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 Operating Income and its Interest Income 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.
Operating Income vs Interest Income
Operating Income vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
YGSOFT Inc Operating Income account and
Interest Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between YGSOFT's Operating Income and Interest Income is 0.27. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Interest Income 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 Operating Income and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of YGSOFT Inc are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Operating Income i.e., YGSOFT's Operating Income and Interest Income go up and down completely randomly.
Correlation Coefficient | 0.27 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Operating Income
Operating Income is the amount of profit realized from YGSOFT Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of YGSOFT Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
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 |
YGSOFT fundamental ratios Correlations
Click cells to compare fundamentals
YGSOFT Account Relationship Matchups
High Positive Relationship
High Negative Relationship
YGSOFT fundamental ratios Accounts
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 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.