Youyou Total Current Assets vs Non Current Assets Total Analysis

603697 Stock   9.67  0.95  8.95%   
Youyou Foods financial indicator trend analysis is more than just analyzing Youyou Foods current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Youyou Foods is a good investment. Please check the relationship between Youyou Foods Total Current Assets and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Youyou Foods 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 Non Current Assets Total

Total Current Assets vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Youyou Foods Total Current Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Youyou Foods' Total Current Assets and Non Current Assets Total is 0.87. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Youyou Foods Co, assuming nothing else is changed. The correlation between historical values of Youyou Foods' Total Current Assets and Non Current Assets Total 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 Youyou Foods Co are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Current Assets i.e., Youyou Foods' Total Current Assets and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Youyou Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Youyou Foods 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 Youyou Foods 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 35.2 M, whereas Selling General Administrative is forecasted to decline to about 119.5 M.
 2021 2022 2023 2024 (projected)
Net Interest Income2.4M1.8M951.8K904.2K
Tax Provision39.0M28.6M24.1M35.2M

Youyou Foods fundamental ratios Correlations

-0.040.551.0-0.80.980.98-0.520.110.89-0.83-0.2-0.9-0.450.970.440.541.0-0.80.950.890.88-0.470.990.990.86
-0.040.43-0.060.45-0.090.010.50.45-0.27-0.09-0.41-0.150.22-0.12-0.50.43-0.010.43-0.15-0.18-0.420.47-0.1-0.06-0.31
0.550.430.52-0.360.440.550.18-0.010.54-0.51-0.19-0.71-0.550.340.040.990.54-0.370.380.440.36-0.30.510.50.25
1.0-0.060.52-0.810.990.98-0.540.110.89-0.82-0.19-0.9-0.440.970.450.511.0-0.810.960.890.88-0.461.01.00.87
-0.80.45-0.36-0.81-0.8-0.760.550.44-0.880.55-0.20.60.44-0.8-0.81-0.38-0.780.95-0.85-0.82-0.890.86-0.84-0.82-0.92
0.98-0.090.440.99-0.80.96-0.580.080.89-0.8-0.13-0.84-0.310.970.460.430.98-0.790.980.920.9-0.460.980.980.9
0.980.010.550.98-0.760.96-0.480.160.89-0.88-0.29-0.94-0.480.960.410.540.98-0.790.90.90.81-0.390.970.970.8
-0.520.50.18-0.540.55-0.58-0.48-0.11-0.520.610.330.330.04-0.64-0.650.15-0.510.69-0.63-0.6-0.680.35-0.52-0.53-0.73
0.110.45-0.010.110.440.080.16-0.11-0.17-0.37-0.76-0.29-0.020.13-0.57-0.050.140.28-0.03-0.07-0.150.660.050.09-0.21
0.89-0.270.540.89-0.880.890.89-0.52-0.17-0.79-0.03-0.82-0.450.860.570.540.87-0.870.850.970.91-0.610.890.860.84
-0.83-0.09-0.51-0.820.55-0.8-0.880.61-0.37-0.790.620.890.37-0.83-0.36-0.52-0.820.71-0.72-0.84-0.670.21-0.78-0.78-0.66
-0.2-0.41-0.19-0.19-0.2-0.13-0.290.33-0.76-0.030.620.440.19-0.230.12-0.21-0.220.08-0.05-0.110.06-0.42-0.13-0.170.02
-0.9-0.15-0.71-0.90.6-0.84-0.940.33-0.29-0.820.890.440.62-0.83-0.21-0.69-0.90.67-0.74-0.79-0.690.23-0.87-0.87-0.6
-0.450.22-0.55-0.440.44-0.31-0.480.04-0.02-0.450.370.190.62-0.34-0.14-0.52-0.450.5-0.26-0.24-0.370.3-0.48-0.47-0.19
0.97-0.120.340.97-0.80.970.96-0.640.130.86-0.83-0.23-0.83-0.340.510.340.96-0.810.950.90.85-0.440.960.970.9
0.44-0.50.040.45-0.810.460.41-0.65-0.570.57-0.360.12-0.21-0.140.510.110.42-0.850.580.570.59-0.820.480.460.78
0.540.430.990.51-0.380.430.540.15-0.050.54-0.52-0.21-0.69-0.520.340.110.53-0.40.380.450.36-0.340.50.490.28
1.0-0.010.541.0-0.780.980.98-0.510.140.87-0.82-0.22-0.9-0.450.960.420.53-0.780.950.870.86-0.440.991.00.85
-0.80.43-0.37-0.810.95-0.79-0.790.690.28-0.870.710.080.670.5-0.81-0.85-0.4-0.78-0.82-0.83-0.860.77-0.83-0.81-0.9
0.95-0.150.380.96-0.850.980.9-0.63-0.030.85-0.72-0.05-0.74-0.260.950.580.380.95-0.820.890.92-0.570.960.960.96
0.89-0.180.440.89-0.820.920.9-0.6-0.070.97-0.84-0.11-0.79-0.240.90.570.450.87-0.830.890.88-0.520.880.860.88
0.88-0.420.360.88-0.890.90.81-0.68-0.150.91-0.670.06-0.69-0.370.850.590.360.86-0.860.920.88-0.640.890.870.91
-0.470.47-0.3-0.460.86-0.46-0.390.350.66-0.610.21-0.420.230.3-0.44-0.82-0.34-0.440.77-0.57-0.52-0.64-0.52-0.48-0.7
0.99-0.10.511.0-0.840.980.97-0.520.050.89-0.78-0.13-0.87-0.480.960.480.50.99-0.830.960.880.89-0.521.00.88
0.99-0.060.51.0-0.820.980.97-0.530.090.86-0.78-0.17-0.87-0.470.970.460.491.0-0.810.960.860.87-0.481.00.87
0.86-0.310.250.87-0.920.90.8-0.73-0.210.84-0.660.02-0.6-0.190.90.780.280.85-0.90.960.880.91-0.70.880.87
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Youyou Foods Account Relationship Matchups

Youyou Foods fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.9B2.1B2.0B2.0B1.7B
Other Current Liab83.6M47.6M92.2M7.6M6.4M6.1M
Total Current Liabilities141.6M120.1M183.2M157.5M105.8M148.8M
Total Stockholder Equity1.6B1.8B1.9B1.9B1.8B1.5B
Net Tangible Assets820.8M1.5B1.7B1.8B2.1B1.3B
Retained Earnings770.0M971.5M1.1B943.8M901.0M840.2M
Accounts Payable36.4M41.0M62.0M39.9M22.1M34.0M
Cash407.4M437.9M163.4M268.2M105.5M100.2M
Non Current Assets Total397.8M446.1M523.9M550.5M541.5M503.5M
Non Currrent Assets Other2.5M987.6K1.2M250K1.3M1.2M
Other Assets17.2M17.5M28.1M38.1M43.8M29.7M
Net Receivables2.4M1.9M461.6K884.8K3.8M2.2M
Non Current Liabilities Total36.4M34.0M34.0M30.6M41.2M28.7M
Inventory228.8M314.7M276.0M249.3M340.6M236.1M
Other Current Assets27.3M18.7M51.5M7.2M239.8M251.8M
Total Liab178.0M154.1M217.2M188.1M147.0M188.7M
Total Current Assets1.3B1.5B1.6B1.5B1.4B1.2B
Intangible Assets58.2M56.3M55.0M53.5M48.9M45.4M
Property Plant Equipment329.3M311.8M351.2M419.0M481.9M365.2M
Deferred Long Term Liab9.0M8.3M7.8M7.5M6.8M6.5M
Net Invested Capital1.6B1.8B1.9B1.9B1.8B1.7B
Net Working Capital1.2B1.4B1.4B1.3B1.3B1.2B

Currently Active Assets on Macroaxis

Other Information on Investing in Youyou Stock

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