Shyft Current Deferred Revenue vs Total Revenue Analysis

SHYF Stock

USD 11.91 0.01 0.08%

Shyft financial indicator trend analysis is much more than just breaking down Shyft Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shyft Group is a good investment. Please check the relationship between Shyft Current Deferred Revenue and its Total Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shyft Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Current Deferred Revenue vs Total Revenue

Current Deferred Revenue vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shyft Group Current Deferred Revenue account and Total Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Shyft's Current Deferred Revenue and Total Revenue is -0.64. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Shyft Group, assuming nothing else is changed. The correlation between historical values of Shyft's Current Deferred Revenue and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Shyft Group are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Current Deferred Revenue i.e., Shyft's Current Deferred Revenue and Total Revenue go up and down completely randomly.

Correlation Coefficient

-0.64

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Total Revenue

Total revenue comprises all receipts Shyft Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Most indicators from Shyft's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shyft Group 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Shyft Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

At this time, Shyft's Discontinued Operations is most likely to decrease significantly in the upcoming years. The Shyft's current Enterprise Value is estimated to increase to about 707.4 M, while Tax Provision is forecasted to increase to (6.3 M).

	2022	2023	2024	2025 (projected)
Interest Expense	2.8M	6.5M	5.9M	5.6M
Depreciation And Amortization	14.8M	17.0M	19.5M	20.5M

Interest Expense Depreciation And Amortization

Shyft fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Non Currrent Assets Other	Intangible Assets	Current Deferred Revenue	Common Stock Total Equity
Total Assets		0.91	0.36	0.97	0.93	0.96	0.86	0.92	-0.23	0.97	-0.22	0.93	0.78	0.9	0.85	0.84	-0.52	0.97	0.83	0.97	0.88	0.95	0.57	0.84	-0.55	0.81
Short Long Term Debt Total	0.91		0.35	0.9	0.73	0.88	0.99	0.74	-0.55	0.94	-0.55	0.82	0.59	0.99	0.67	0.71	-0.71	0.96	0.81	0.83	0.92	0.87	0.29	0.89	-0.24	0.8
Other Current Liab	0.36	0.35		0.42	0.2	0.14	0.29	0.08	0.18	0.28	0.18	0.18	0.4	0.45	0.18	0.16	0.23	0.45	0.08	0.42	0.05	0.2	0.5	0.3	-0.46	-0.13
Total Current Liabilities	0.97	0.9	0.42		0.85	0.9	0.86	0.84	-0.27	0.92	-0.27	0.95	0.74	0.89	0.82	0.78	-0.47	0.98	0.79	0.97	0.85	0.96	0.57	0.77	-0.47	0.75
Total Stockholder Equity	0.93	0.73	0.2	0.85		0.94	0.65	0.98	0.03	0.9	0.03	0.85	0.82	0.7	0.88	0.85	-0.39	0.81	0.79	0.91	0.78	0.86	0.65	0.73	-0.71	0.78
Property Plant And Equipment Net	0.96	0.88	0.14	0.9	0.94		0.84	0.95	-0.27	0.97	-0.26	0.89	0.74	0.83	0.86	0.83	-0.62	0.9	0.9	0.89	0.92	0.92	0.47	0.83	-0.5	0.9
Net Debt	0.86	0.99	0.29	0.86	0.65	0.84		0.68	-0.65	0.9	-0.65	0.8	0.51	0.97	0.62	0.67	-0.75	0.93	0.79	0.78	0.91	0.84	0.19	0.86	-0.13	0.79
Retained Earnings	0.92	0.74	0.08	0.84	0.98	0.95	0.68		-0.07	0.89	-0.07	0.87	0.75	0.7	0.87	0.86	-0.49	0.8	0.8	0.89	0.83	0.89	0.55	0.73	-0.6	0.83
Cash	-0.23	-0.55	0.18	-0.27	0.03	-0.27	-0.65	-0.07		-0.3	1.0	-0.31	0.18	-0.5	-0.06	-0.13	0.68	-0.38	-0.34	-0.14	-0.52	-0.33	0.5	-0.35	-0.56	-0.39
Non Current Assets Total	0.97	0.94	0.28	0.92	0.9	0.97	0.9	0.89	-0.3		-0.3	0.86	0.75	0.92	0.75	0.85	-0.67	0.94	0.86	0.88	0.93	0.91	0.48	0.93	-0.46	0.89
Cash And Short Term Investments	-0.22	-0.55	0.18	-0.27	0.03	-0.26	-0.65	-0.07	1.0	-0.3		-0.31	0.18	-0.5	-0.06	-0.13	0.68	-0.38	-0.33	-0.14	-0.52	-0.33	0.5	-0.35	-0.56	-0.39
Net Receivables	0.93	0.82	0.18	0.95	0.85	0.89	0.8	0.87	-0.31	0.86	-0.31		0.67	0.79	0.81	0.82	-0.5	0.91	0.74	0.94	0.85	0.99	0.47	0.68	-0.4	0.79
Common Stock Shares Outstanding	0.78	0.59	0.4	0.74	0.82	0.74	0.51	0.75	0.18	0.75	0.18	0.67		0.59	0.71	0.69	-0.17	0.7	0.63	0.77	0.56	0.68	0.82	0.62	-0.75	0.57
Non Current Liabilities Total	0.9	0.99	0.45	0.89	0.7	0.83	0.97	0.7	-0.5	0.92	-0.5	0.79	0.59		0.62	0.71	-0.66	0.96	0.72	0.83	0.87	0.84	0.31	0.9	-0.28	0.74
Inventory	0.85	0.67	0.18	0.82	0.88	0.86	0.62	0.87	-0.06	0.75	-0.06	0.81	0.71	0.62		0.59	-0.2	0.76	0.81	0.89	0.67	0.8	0.58	0.48	-0.64	0.59
Other Current Assets	0.84	0.71	0.16	0.78	0.85	0.83	0.67	0.86	-0.13	0.85	-0.13	0.82	0.69	0.71	0.59		-0.59	0.77	0.57	0.78	0.81	0.84	0.54	0.81	-0.48	0.84
Other Stockholder Equity	-0.52	-0.71	0.23	-0.47	-0.39	-0.62	-0.75	-0.49	0.68	-0.67	0.68	-0.5	-0.17	-0.66	-0.2	-0.59		-0.57	-0.56	-0.34	-0.82	-0.58	0.14	-0.78	-0.27	-0.85
Total Liab	0.97	0.96	0.45	0.98	0.81	0.9	0.93	0.8	-0.38	0.94	-0.38	0.91	0.7	0.96	0.76	0.77	-0.57		0.78	0.94	0.88	0.94	0.47	0.85	-0.4	0.76
Property Plant And Equipment Gross	0.83	0.81	0.08	0.79	0.79	0.9	0.79	0.8	-0.34	0.86	-0.33	0.74	0.63	0.72	0.81	0.57	-0.56	0.78		0.75	0.82	0.78	0.34	0.68	-0.34	0.79
Total Current Assets	0.97	0.83	0.42	0.97	0.91	0.89	0.78	0.89	-0.14	0.88	-0.14	0.94	0.77	0.83	0.89	0.78	-0.34	0.94	0.75		0.78	0.94	0.63	0.69	-0.61	0.68
Short Term Debt	0.88	0.92	0.05	0.85	0.78	0.92	0.91	0.83	-0.52	0.93	-0.52	0.85	0.56	0.87	0.67	0.81	-0.82	0.88	0.82	0.78		0.9	0.3	0.87	-0.21	0.94
Accounts Payable	0.95	0.87	0.2	0.96	0.86	0.92	0.84	0.89	-0.33	0.91	-0.33	0.99	0.68	0.84	0.8	0.84	-0.58	0.94	0.78	0.94	0.9		0.47	0.76	-0.38	0.84
Non Currrent Assets Other	0.57	0.29	0.5	0.57	0.65	0.47	0.19	0.55	0.5	0.48	0.5	0.47	0.82	0.31	0.58	0.54	0.14	0.47	0.34	0.63	0.3	0.47		0.35	-0.8	0.29
Intangible Assets	0.84	0.89	0.3	0.77	0.73	0.83	0.86	0.73	-0.35	0.93	-0.35	0.68	0.62	0.9	0.48	0.81	-0.78	0.85	0.68	0.69	0.87	0.76	0.35		-0.29	0.86
Current Deferred Revenue	-0.55	-0.24	-0.46	-0.47	-0.71	-0.5	-0.13	-0.6	-0.56	-0.46	-0.56	-0.4	-0.75	-0.28	-0.64	-0.48	-0.27	-0.4	-0.34	-0.61	-0.21	-0.38	-0.8	-0.29		-0.21
Common Stock Total Equity	0.81	0.8	-0.13	0.75	0.78	0.9	0.79	0.83	-0.39	0.89	-0.39	0.79	0.57	0.74	0.59	0.84	-0.85	0.76	0.79	0.68	0.94	0.84	0.29	0.86	-0.21

Click cells to compare fundamentals

Shyft Account Relationship Matchups

Shyft fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	359.0M	447.9M	580.5M	530.0M	609.6M	640.0M
Short Long Term Debt Total	74.3M	55.2M	131.1M	132.4M	152.2M	159.8M
Other Current Liab	23.4M	26.4M	30.2M	32.7M	29.4M	30.9M
Total Current Liabilities	93.4M	135.8M	201.2M	182.8M	210.3M	220.8M
Total Stockholder Equity	200.3M	266.8M	268.6M	252.2M	290.0M	304.5M
Property Plant And Equipment Net	89.2M	104.4M	124.1M	129.3M	148.7M	156.1M
Net Debt	53.3M	18.0M	119.6M	122.4M	140.8M	147.8M
Retained Earnings	109.3M	171.4M	175.6M	158.5M	182.2M	191.3M
Cash	21.0M	37.2M	11.5M	10.0M	11.5M	14.8M
Non Current Assets Total	202.8M	214.0M	234.7M	243.1M	279.6M	293.6M
Cash And Short Term Investments	21.0M	37.2M	11.5M	10.0M	11.5M	14.9M
Net Receivables	80.6M	118.7M	222.3M	164.4M	189.0M	198.5M
Common Stock Shares Outstanding	36.0M	36.1M	35.5M	34.9M	40.1M	35.1M
Liabilities And Stockholders Equity	359.0M	447.9M	580.5M	530.0M	609.6M	640.0M
Non Current Liabilities Total	65.5M	45.2M	110.6M	95.1M	109.3M	114.8M
Inventory	46.4M	67.2M	100.2M	105.1M	120.9M	127.0M
Other Current Assets	8.2M	10.8M	11.8M	7.5M	8.6M	8.4M
Total Liab	158.9M	181.0M	311.8M	277.9M	319.6M	335.5M
Property Plant And Equipment Gross	89.2M	104.4M	70.8M	204.8M	235.5M	247.3M
Total Current Assets	156.2M	233.8M	345.8M	286.9M	330.0M	346.5M
Short Term Debt	21.7M	26.0M	41.5M	45.5M	40.9M	38.9M
Accounts Payable	47.5M	82.4M	124.3M	99.9M	114.8M	120.6M
Non Currrent Assets Other	2.1M	2.9M	2.2M	2.4M	2.8M	1.8M
Intangible Assets	56.4M	53.0M	49.1M	45.3M	52.1M	54.7M
Current Deferred Revenue	756K	988K	5.3M	4.8M	4.3M	4.1M
Common Stock	91.0M	95.4M	93.0M	93.7M	107.8M	113.1M
Good Will	33.8M	43.6M	49.5M	48.9M	44.0M	41.8M
Other Assets	27.8M	51.2M	7.8M	12.6M	14.5M	22.9M
Long Term Debt	23.4M	738K	56.3M	50.1M	57.7M	32.7M
Long Term Debt Total	88.7M	23.4M	738K	56.3M	64.7M	67.9M
Property Plant Equipment	72.2M	89.2M	104.4M	70.8M	81.4M	72.1M
Other Liab	4.9M	5.4M	8.1M	10.0M	11.5M	6.3M
Net Tangible Assets	74.6M	94.5M	164.9M	219.5M	252.4M	153.4M
Short Long Term Debt	6.7M	10.2M	19.7M	34.7M	39.9M	41.9M
Non Current Liabilities Other	5.4M	44.4M	10.0M	8.2M	9.4M	11.7M

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When determining whether Shyft Group is a strong investment it is important to analyze Shyft's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Shyft's future performance. For an informed investment choice regarding Shyft Stock, refer to the following important reports:

How To Invest In Shyft

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Is Shyft Stock a good investment?

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What is Shyft's Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shyft Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shyft. If investors know Shyft will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shyft listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.31)

Dividend Share

0.2

Earnings Share

(0.10)

Revenue Per Share

22.898

Quarterly Revenue Growth

(0.04)

The market value of Shyft Group is measured differently than its book value, which is the value of Shyft that is recorded on the company's balance sheet. Investors also form their own opinion of Shyft's value that differs from its market value or its book value, called intrinsic value, which is Shyft's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shyft's market value can be influenced by many factors that don't directly affect Shyft's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Shyft's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shyft is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shyft's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Shyft Current Deferred Revenue vs Total Revenue Analysis

Current Deferred Revenue vs Total Revenue

Current Deferred Revenue vs Total Revenue Correlation Analysis

Correlation Coefficient

Current Deferred Revenue

Total Revenue

Shyft fundamental ratios Correlations

Shyft Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shyft fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Accounts Payable	+ 0.99	Net Receivables
Total Liab	+ 0.98	Total Current Liabilities
Retained Earnings	+ 0.98	Total Stockholder Equity

Common Stock Total Equity	- 0.85	Other Stockholder Equity
Short Term Debt	- 0.82	Other Stockholder Equity
Current Deferred Revenue	- 0.8	Non Currrent Assets Other
Intangible Assets	- 0.78	Other Stockholder Equity
Current Deferred Revenue	- 0.75	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.75	Net Debt