SY Stock | | | USD 0.87 0.04 4.82% |
So Young financial indicator trend analysis is much more than just breaking down So Young International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether So Young International is a good investment. Please check the relationship between So Young Net Receivables and its Total Current Liabilities accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in So Young International. 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.
Net Receivables vs Total Current Liabilities
Net Receivables vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
So Young International Net Receivables account and
Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between So Young's Net Receivables and Total Current Liabilities is 0.68. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of So Young International, assuming nothing else is changed. The correlation between historical values of So Young's Net Receivables and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of So Young International are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Receivables i.e., So Young's Net Receivables and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Receivables
Total Current Liabilities
Total Current Liabilities is an item on So Young balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of So Young International are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from So Young's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into So Young International 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 So Young International. 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.
Sales General And Administrative To Revenue is likely to rise to 0.20 in 2024, despite the fact that
Tax Provision is likely to grow to (9.2
M).
So Young fundamental ratios Correlations
Click cells to compare fundamentals
So Young Account Relationship Matchups
High Positive Relationship
High Negative Relationship
So Young fundamental ratios Accounts
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