Iflytek Investments vs Depreciation Analysis

002230 Stock   48.79  0.13  0.27%   
Iflytek financial indicator trend analysis is infinitely more than just investigating Iflytek recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Iflytek is a good investment. Please check the relationship between Iflytek Investments and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Iflytek 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 nation.

Investments vs Depreciation

Investments vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Iflytek Investments account and Depreciation. At this time, the significance of the direction appears to have pay attention.
The correlation between Iflytek's Investments and Depreciation is -0.75. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Depreciation in the same time period over historical financial statements of Iflytek Co, assuming nothing else is changed. The correlation between historical values of Iflytek's Investments and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Iflytek Co are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Investments i.e., Iflytek's Investments and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.75
Relationship DirectionNegative 
Relationship StrengthWeak

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Depreciation

Depreciation indicates how much of Iflytek value has been used up. For tax purposes Iflytek can deduct the cost of the tangible assets it purchases as business expenses. However, Iflytek Co must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Iflytek's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Iflytek 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 Iflytek 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 nation.
As of November 25, 2024, Selling General Administrative is expected to decline to about 1.1 B. The current year's Tax Provision is expected to grow to about (183.7 M)
 2021 2022 2023 2024 (projected)
Operating Income1.6B1.1B909.0M505.4M
Total Revenue18.3B18.8B19.7B20.6B

Iflytek fundamental ratios Correlations

0.60.990.990.990.990.980.740.990.990.960.930.990.980.950.990.780.790.860.730.870.850.930.930.480.86
0.60.670.670.580.660.560.880.560.520.690.310.540.670.690.55-0.010.770.530.750.710.740.650.53-0.280.13
0.990.670.980.990.990.980.770.980.970.980.90.990.970.940.970.720.80.870.770.890.880.940.930.410.81
0.990.670.980.970.990.960.810.970.970.950.880.960.980.960.970.70.820.850.740.860.860.920.90.390.79
0.990.580.990.970.990.990.70.990.990.960.940.990.970.930.980.780.760.860.740.890.860.930.940.470.87
0.990.660.990.990.990.990.780.990.980.980.90.980.980.940.980.720.790.880.740.880.860.940.930.40.81
0.980.560.980.960.990.990.70.990.980.970.940.990.950.890.960.780.710.890.690.850.810.950.950.460.87
0.740.880.770.810.70.780.70.70.660.780.50.670.770.790.670.180.750.730.740.770.780.790.7-0.130.31
0.990.560.980.970.990.990.990.70.990.960.950.990.950.910.980.80.730.880.710.860.820.930.940.50.88
0.990.520.970.970.990.980.980.660.990.930.960.990.950.910.990.830.740.870.70.850.820.910.940.540.9
0.960.690.980.950.960.980.970.780.960.930.860.960.940.890.930.670.770.870.730.840.840.940.910.350.77
0.930.310.90.880.940.90.940.50.950.960.860.960.870.810.930.910.60.820.550.740.70.840.890.690.96
0.990.540.990.960.990.980.990.670.990.990.960.960.960.920.980.830.760.850.710.850.840.920.940.550.9
0.980.670.970.980.970.980.950.770.950.950.940.870.960.980.970.70.840.80.780.90.890.890.890.410.79
0.950.690.940.960.930.940.890.790.910.910.890.810.920.980.940.650.870.730.780.890.90.830.840.380.72
0.990.550.970.970.980.980.960.670.980.990.930.930.980.970.940.810.790.820.710.850.840.890.910.540.88
0.78-0.010.720.70.780.720.780.180.80.830.670.910.830.70.650.810.450.60.370.530.520.620.730.880.98
0.790.770.80.820.760.790.710.750.730.740.770.60.760.840.870.790.450.580.770.780.90.710.690.240.5
0.860.530.870.850.860.880.890.730.880.870.870.820.850.80.730.820.60.580.70.830.770.980.960.260.72
0.730.750.770.740.740.740.690.740.710.70.730.550.710.780.780.710.370.770.70.890.940.790.790.170.46
0.870.710.890.860.890.880.850.770.860.850.840.740.850.90.890.850.530.780.830.890.950.90.90.20.64
0.850.740.880.860.860.860.810.780.820.820.840.70.840.890.90.840.520.90.770.940.950.860.870.260.6
0.930.650.940.920.930.940.950.790.930.910.940.840.920.890.830.890.620.710.980.790.90.860.980.270.74
0.930.530.930.90.940.930.950.70.940.940.910.890.940.890.840.910.730.690.960.790.90.870.980.420.82
0.48-0.280.410.390.470.40.46-0.130.50.540.350.690.550.410.380.540.880.240.260.170.20.260.270.420.8
0.860.130.810.790.870.810.870.310.880.90.770.960.90.790.720.880.980.50.720.460.640.60.740.820.8
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Iflytek Account Relationship Matchups

Iflytek fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets20.1B24.8B31.4B32.9B37.8B39.7B
Other Current Liab2.4B3.3B3.7B3.0B623.3M1.2B
Total Current Liabilities6.9B10.4B11.7B12.1B12.9B13.6B
Total Stockholder Equity11.4B12.7B16.8B16.4B17.0B17.9B
Other Liab1.1B1.4B1.7B1.9B2.2B2.3B
Retained Earnings3.0B4.0B5.1B5.4B5.4B5.6B
Accounts Payable3.1B5.2B6.4B7.5B7.9B8.3B
Cash3.8B5.4B5.9B4.3B3.6B2.2B
Other Assets1.6B2.0B2.8B3.0B3.4B3.6B
Net Receivables5.8B5.5B9.7B9.9B12.2B12.8B
Inventory826.4M2.4B2.4B2.7B2.5B2.6B
Other Current Assets260.5M309.0M543.3M447.4M923.8M970.0M
Total Liab8.4B11.9B14.1B16.0B20.1B21.1B
Intangible Assets2.8B3.0B3.2B3.5B3.8B4.0B
Common Stock2.2B2.2B2.3B2.3B2.7B2.8B
Property Plant Equipment2.1B2.1B3.3B3.7B4.3B4.5B
Long Term Debt397.6M82.5M392.0M1.7B4.6B4.8B
Good Will1.1B1.1B1.1B1.1B1.1B1.1B
Net Tangible Assets7.5B8.6B12.5B11.8B13.5B8.1B
Deferred Long Term Liab164.7M138.0M154.0M165.8M190.7M113.1M
Total Current Assets11.4B15.0B19.0B19.8B21.2B13.6B
Non Current Assets Total8.7B9.9B12.4B13.1B16.6B10.9B
Non Currrent Assets Other5.7M5.3M8.9M8.3M123.8M130.0M
Non Current Liabilities Total1.5B1.5B2.4B3.9B7.2B7.6B
Other Stockholder Equity509.0K321.3K1.2M1.1M1.3M1.3M
Short Long Term Debt733.2M642.6M525.4M364.0M242.7M395.1M
Non Current Liabilities Other616.3M703.0M789.8M971.8M1.0B711.5M
Common Stock Shares Outstanding2.2B2.2B2.3B2.3B2.3B2.4B
Net Invested Capital12.5B13.4B17.7B18.5B21.8B16.0B
Net Working Capital4.6B4.6B7.3B7.7B8.3B5.8B
Capital Stock2.2B2.2B2.3B2.3B2.3B2.5B

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Other Information on Investing in Iflytek Stock

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