YGSOFT Other Assets vs Intangible Assets 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 Other Assets and its Intangible Assets 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.

Other Assets vs Intangible Assets

Other Assets vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of YGSOFT Inc Other Assets account and Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between YGSOFT's Other Assets and Intangible Assets is 0.92. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Intangible Assets 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 Other Assets and Intangible 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 Other Assets of YGSOFT Inc are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Other Assets i.e., YGSOFT's Other Assets and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Assets

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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 Income344.2M403.7M395.4M206.2M
Total Revenue1.9B2.1B2.4B2.5B

YGSOFT fundamental ratios Correlations

-0.470.971.00.680.93-0.060.880.290.950.980.990.370.940.95-0.170.690.790.640.86-0.820.80.880.880.83-0.72
-0.47-0.51-0.46-0.03-0.660.71-0.51-0.28-0.41-0.57-0.46-0.44-0.73-0.550.69-0.31-0.41-0.55-0.720.63-0.62-0.72-0.76-0.720.61
0.97-0.510.950.590.96-0.070.870.340.990.950.960.240.940.91-0.160.760.830.580.84-0.770.760.880.850.77-0.65
1.0-0.460.950.690.91-0.070.870.280.930.970.980.410.930.94-0.20.670.770.660.86-0.820.80.870.880.84-0.74
0.68-0.030.590.690.460.030.650.140.590.590.690.460.490.750.110.760.760.640.57-0.760.620.510.510.62-0.71
0.93-0.660.960.910.46-0.260.880.410.930.960.930.280.980.87-0.290.630.710.570.89-0.750.770.940.920.82-0.64
-0.060.71-0.07-0.070.03-0.26-0.29-0.210.04-0.2-0.11-0.53-0.31-0.190.59-0.05-0.03-0.31-0.390.35-0.31-0.35-0.38-0.410.42
0.88-0.510.870.870.650.88-0.290.260.840.910.90.260.870.86-0.260.660.720.640.86-0.770.760.870.830.8-0.72
0.29-0.280.340.280.140.41-0.210.260.310.270.240.060.320.2-0.120.30.150.220.3-0.20.20.390.390.23-0.23
0.95-0.410.990.930.590.930.040.840.310.910.950.170.890.880.00.710.790.490.78-0.710.70.830.790.71-0.56
0.98-0.570.950.970.590.96-0.20.910.270.910.970.360.970.92-0.310.640.730.640.91-0.810.830.920.910.87-0.73
0.99-0.460.960.980.690.93-0.110.90.240.950.970.360.930.94-0.140.70.790.670.87-0.810.780.870.870.83-0.72
0.37-0.440.240.410.460.28-0.530.260.060.170.360.360.380.5-0.350.250.320.460.5-0.620.550.390.510.62-0.59
0.94-0.730.940.930.490.98-0.310.870.320.890.970.930.380.92-0.380.620.730.660.93-0.830.840.950.960.89-0.75
0.95-0.550.910.940.750.87-0.190.860.20.880.920.940.50.92-0.20.760.850.710.88-0.930.870.850.880.89-0.85
-0.170.69-0.16-0.20.11-0.290.59-0.26-0.120.0-0.31-0.14-0.35-0.38-0.2-0.13-0.17-0.49-0.420.34-0.39-0.37-0.45-0.460.44
0.69-0.310.760.670.760.63-0.050.660.30.710.640.70.250.620.76-0.130.950.680.59-0.750.630.580.590.6-0.69
0.79-0.410.830.770.760.71-0.030.720.150.790.730.790.320.730.85-0.170.950.720.69-0.840.70.680.680.71-0.72
0.64-0.550.580.660.640.57-0.310.640.220.490.640.670.460.660.71-0.490.680.720.69-0.770.620.630.70.76-0.85
0.86-0.720.840.860.570.89-0.390.860.30.780.910.870.50.930.88-0.420.590.690.69-0.870.940.980.980.98-0.76
-0.820.63-0.77-0.82-0.76-0.750.35-0.77-0.2-0.71-0.81-0.81-0.62-0.83-0.930.34-0.75-0.84-0.77-0.87-0.89-0.81-0.85-0.910.93
0.8-0.620.760.80.620.77-0.310.760.20.70.830.780.550.840.87-0.390.630.70.620.94-0.890.890.910.96-0.78
0.88-0.720.880.870.510.94-0.350.870.390.830.920.870.390.950.85-0.370.580.680.630.98-0.810.890.970.93-0.68
0.88-0.760.850.880.510.92-0.380.830.390.790.910.870.510.960.88-0.450.590.680.70.98-0.850.910.970.96-0.77
0.83-0.720.770.840.620.82-0.410.80.230.710.870.830.620.890.89-0.460.60.710.760.98-0.910.960.930.96-0.83
-0.720.61-0.65-0.74-0.71-0.640.42-0.72-0.23-0.56-0.73-0.72-0.59-0.75-0.850.44-0.69-0.72-0.85-0.760.93-0.78-0.68-0.77-0.83
Click cells to compare fundamentals

YGSOFT Account Relationship Matchups

YGSOFT fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.9B3.1B3.5B3.9B4.3B4.5B
Other Current Liab31.0M37.1M47.6M1.6M5.4M5.1M
Total Current Liabilities311.4M357.7M463.4M577.6M603.8M634.0M
Total Stockholder Equity2.5B2.6B2.9B3.2B3.4B3.6B
Retained Earnings1.5B1.5B1.5B1.2B1.1B800.1M
Accounts Payable135.4M195.5M275.2M387.8M379.5M398.5M
Cash294.2M237.2M257.8M335.3M816.0M604.4M
Net Receivables862.2M913.8M2.2B1.5B1.4B1.5B
Other Current Assets11.3M8.9M11.3M570.3M251.7K239.1K
Total Liab323.9M370.6M481.9M600.2M657.7M690.6M
Common Stock849.4M848.1M1.1B1.3B1.5B1.6B
Property Plant Equipment230.3M262.8M300.3M347.5M399.6M419.6M
Short Term Investments870M552.7M120M241.5M277.7M150.5M
Intangible Assets150.2M175.2M216.8M282.5M320.6M336.7M
Other Assets66.5M79.5M76.6M78.6M90.3M94.9M
Other Liab13.7M12.5M12.9M11.2M12.9M12.2M
Inventory31.6M31.6M33.7M39.9M28.9M28.0M
Net Tangible Assets2.3B2.4B2.6B2.7B3.1B2.4B
Deferred Long Term Liab3.4M557.4K317.4K2.7M2.4M4.4M
Total Current Assets2.1B2.3B2.6B2.9B3.2B2.5B
Non Current Assets Total837.0M792.6M852.4M991.5M1.0B889.7M
Non Current Liabilities Total12.5M12.9M18.5M22.5M53.9M27.6M
Common Stock Shares Outstanding1.1B1.1B1.3B1.6B1.9B1.5B
Other Stockholder Equity(3.8K)11.0M(38.8M)(59.9M)(53.9M)(51.2M)
Net Invested Capital2.5B2.6B2.9B3.2B3.4B3.0B
Net Working Capital1.8B2.0B2.2B2.4B2.6B2.2B
Capital Stock848.1M1.1B1.3B1.6B1.9B1.4B

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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.