Youngy Total Current Assets vs Other Liab Analysis

300247 Stock   3.89  0.07  1.83%   
Youngy Health financial indicator trend analysis is more than just analyzing Youngy Health current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Youngy Health is a good investment. Please check the relationship between Youngy Health Total Current Assets and its Other Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Youngy Health 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.

Total Current Assets vs Other Liab

Total Current Assets vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Youngy Health Total Current Assets account and Other Liab. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Youngy Health's Total Current Assets and Other Liab is 0.13. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Other Liab in the same time period over historical financial statements of Youngy Health Co, assuming nothing else is changed. The correlation between historical values of Youngy Health's Total Current Assets and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Youngy Health Co are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Total Current Assets i.e., Youngy Health's Total Current Assets and Other Liab go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Other Liab

Most indicators from Youngy Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Youngy Health 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 Youngy Health 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.
The current year's Tax Provision is expected to grow to about 18.7 M, whereas Selling General Administrative is forecasted to decline to about 35.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit127.2M111.3M174.0M148.7M
Research Development13.5M11.0M9.1M8.6M

Youngy Health fundamental ratios Correlations

0.740.961.00.180.890.670.090.910.930.180.970.620.580.550.640.470.910.86-0.020.030.630.280.790.360.15
0.740.720.730.140.770.38-0.260.760.74-0.370.730.530.490.30.720.190.590.74-0.29-0.230.650.30.560.370.15
0.960.720.950.250.880.65-0.030.90.910.091.00.660.480.480.570.390.870.78-0.15-0.080.690.180.720.270.24
1.00.730.950.180.880.690.10.910.920.20.960.610.580.560.630.460.910.87-0.010.040.620.270.80.360.15
0.180.140.250.180.040.61-0.640.39-0.06-0.240.210.12-0.64-0.07-0.25-0.660.010.05-0.67-0.780.36-0.820.54-0.80.99
0.890.770.880.880.040.430.050.910.890.130.890.510.620.380.770.420.760.91-0.060.050.830.440.710.530.06
0.670.380.650.690.610.43-0.240.640.40.120.630.39-0.040.440.14-0.10.590.38-0.35-0.370.39-0.340.62-0.260.58
0.09-0.26-0.030.1-0.640.05-0.24-0.210.210.750.0-0.030.490.220.280.740.250.150.970.98-0.280.6-0.040.6-0.69
0.910.760.90.910.390.910.64-0.210.820.010.90.540.390.360.540.180.730.89-0.32-0.250.840.110.860.190.39
0.930.740.910.92-0.060.890.40.210.820.130.930.650.740.590.660.630.830.870.110.20.610.480.640.55-0.09
0.18-0.370.090.2-0.240.130.120.750.010.130.10.040.230.170.190.420.340.140.690.68-0.110.280.190.3-0.27
0.970.731.00.960.210.890.630.00.90.930.10.660.510.490.610.420.880.79-0.11-0.050.690.220.720.310.2
0.620.530.660.610.120.510.39-0.030.540.650.040.660.380.340.280.240.540.42-0.11-0.060.370.090.360.160.11
0.580.490.480.58-0.640.62-0.040.490.390.740.230.510.380.450.670.870.590.660.440.570.20.890.210.89-0.67
0.550.30.480.56-0.070.380.440.220.360.590.170.490.340.450.280.40.420.350.120.160.180.270.240.28-0.12
0.640.720.570.63-0.250.770.140.280.540.660.190.610.280.670.280.520.620.670.250.320.540.690.430.72-0.24
0.470.190.390.46-0.660.42-0.10.740.180.630.420.420.240.870.40.520.550.480.680.770.00.80.130.78-0.71
0.910.590.870.910.010.760.590.250.730.830.340.880.540.590.420.620.550.720.190.230.360.310.640.42-0.01
0.860.740.780.870.050.910.380.150.890.870.140.790.420.660.350.670.480.720.050.130.710.450.820.510.02
-0.02-0.29-0.15-0.01-0.67-0.06-0.350.97-0.320.110.69-0.11-0.110.440.120.250.680.190.050.97-0.420.58-0.130.58-0.72
0.03-0.23-0.080.04-0.780.05-0.370.98-0.250.20.68-0.05-0.060.570.160.320.770.230.130.97-0.320.71-0.150.71-0.81
0.630.650.690.620.360.830.39-0.280.840.61-0.110.690.370.20.180.540.00.360.71-0.42-0.320.130.670.170.4
0.280.30.180.27-0.820.44-0.340.60.110.480.280.220.090.890.270.690.80.310.450.580.710.13-0.050.97-0.83
0.790.560.720.80.540.710.62-0.040.860.640.190.720.360.210.240.430.130.640.82-0.13-0.150.67-0.050.00.49
0.360.370.270.36-0.80.53-0.260.60.190.550.30.310.160.890.280.720.780.420.510.580.710.170.970.0-0.79
0.150.150.240.150.990.060.58-0.690.39-0.09-0.270.20.11-0.67-0.12-0.24-0.71-0.010.02-0.72-0.810.4-0.830.49-0.79
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Youngy Health Account Relationship Matchups

Youngy Health fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B956.6M1.0B1.2B1.2B1.3B
Other Current Liab25.2M37.7M35.6M36.9M1.7M1.6M
Total Current Liabilities231.3M116.9M127.8M125.1M124.4M208.0M
Total Stockholder Equity876.2M808.3M831.4M989.0M1.0B1.0B
Retained Earnings(1.3B)(1.4B)(1.3B)(1.2B)(1.2B)(1.1B)
Accounts Payable122.4M49.4M52.0M52.7M47.4M74.5M
Cash91.1M160.0M91.3M68.3M119.2M186.5M
Other Assets27.4M20.6M18.0M68.0M78.2M82.1M
Net Receivables147.3M44.3M56.1M39.2M41.6M39.5M
Inventory172.7M114.2M149.2M186.6M143.9M148.5M
Other Current Assets26.0M7.0M12.5M13.6M129.2M135.6M
Total Liab244.0M125.3M161.1M158.0M148.9M222.9M
Intangible Assets64.3M58.6M55.5M44.9M42.8M66.6M
Property Plant Equipment258.9M235.9M259.4M246.1M283.0M243.3M
Other Liab12.7M8.4M8.1M15.9M18.2M10.3M
Net Tangible Assets811.9M749.7M775.9M944.1M849.6M752.3M
Other Stockholder Equity16.9M13.7M12.6M43.8M50.4M52.9M
Deferred Long Term Liab2.2M423.6K235.7K297.4K267.6K254.3K
Total Current Assets556.0M482.6M501.4M766.7M818.0M645.2M
Non Current Assets Total578.5M474.0M520.7M420.1M403.5M688.8M
Non Currrent Assets Other3.0M56.6M54.4M10.2M12.9M12.3M
Non Current Liabilities Total12.7M8.4M33.2M32.9M24.5M26.6M
Net Invested Capital901.2M808.3M831.4M989.0M1.0B1.0B
Net Working Capital324.7M365.7M373.6M641.6M693.6M566.3M

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Other Information on Investing in Youngy Stock

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