Yelp Total Liab vs Other Assets Analysis
YELP Stock | USD 36.13 0.29 0.81% |
Yelp financial indicator trend analysis is more than just analyzing Yelp Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yelp Inc is a good investment. Please check the relationship between Yelp Total Liab and its Other Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yelp Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Total Liab vs Other Assets
Total Liab vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yelp Inc Total Liab account and Other Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Yelp's Total Liab and Other Assets is 0.63. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Other Assets in the same time period over historical financial statements of Yelp Inc, assuming nothing else is changed. The correlation between historical values of Yelp's Total Liab and Other Assets 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 Liab of Yelp Inc are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Total Liab i.e., Yelp's Total Liab and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Other Assets
Most indicators from Yelp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yelp Inc 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yelp Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Yelp's Selling General Administrative is relatively stable compared to the past year. As of 11/22/2024, Tax Provision is likely to grow to about 17.1 M, while Enterprise Value Over EBITDA is likely to drop 15.65.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 116K | 8.4M | 9.7M | 10.2M | Depreciation And Amortization | 109.6M | 96.5M | 70.3M | 46.0M |
Yelp fundamental ratios Correlations
Click cells to compare fundamentals
Yelp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Yelp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 78.0M | 73.0M | 78.6M | 73.4M | 73.6M | 70.5M | |
Total Assets | 1.1B | 1.2B | 1.1B | 1.0B | 1.0B | 790.4M | |
Other Current Liab | 66.3M | 26.8M | 63.3M | 83.8M | 81.7M | 46.0M | |
Total Current Liabilities | 134.2M | 143.0M | 164.0M | 182.8M | 175.9M | 184.7M | |
Total Stockholder Equity | 755.0M | 854.5M | 751.3M | 710.3M | 749.5M | 642.8M | |
Accounts Payable | 6.0M | 8.9M | 16.1M | 14.5M | 11.9M | 6.6M | |
Cash | 170.3M | 595.9M | 479.8M | 306.4M | 313.9M | 292.4M | |
Other Assets | 60.4M | 217.7M | 65.4M | 134.0M | 1.0 | 0.95 | |
Other Current Assets | 14.2M | 17.5M | 47.5M | 22.1M | 27.6M | 16.8M | |
Total Liab | 315.7M | 300.4M | 299.2M | 305.6M | 265.2M | 147.7M | |
Property Plant Equipment | 308.8M | 101.7M | 224.6M | 77.2M | 88.8M | 96.6M | |
Other Liab | 6.8M | 8.4M | 7.2M | 36.1M | 41.5M | 43.6M | |
Property Plant And Equipment Net | 308.8M | 269.9M | 224.6M | 174.6M | 117.3M | 126.5M | |
Current Deferred Revenue | 4.3M | 4.1M | 4.2M | 5.2M | 3.8M | 3.7M | |
Net Debt | 62.0M | (395.8M) | (311.6M) | (180.0M) | (226.6M) | (237.9M) | |
Retained Earnings | (493.1M) | (533.9M) | (760.2M) | (923.8M) | (1.0B) | (973.4M) | |
Non Current Assets Total | 537.4M | 442.2M | 405.9M | 419.9M | 390.5M | 302.7M | |
Non Currrent Assets Other | 40.4M | 49.5M | 65.4M | 35.8M | 42.3M | 36.2M | |
Cash And Short Term Investments | 412.3M | 595.9M | 479.8M | 400.6M | 446.4M | 444.9M | |
Net Receivables | 106.8M | 88.4M | 107.4M | 163.2M | 150.3M | 77.3M | |
Short Term Investments | 242M | 10.9M | 10M | 94.2M | 132.5M | 144.8M | |
Liabilities And Stockholders Equity | 1.1B | 1.2B | 1.1B | 1.0B | 1.0B | 845.2M | |
Non Current Liabilities Total | 181.6M | 157.4M | 135.2M | 122.8M | 89.3M | 66.5M | |
Other Stockholder Equity | 1.3B | 1.4B | 1.5B | 1.6B | 1.8B | 1.0B | |
Property Plant And Equipment Gross | 308.8M | 101.7M | 224.6M | 174.6M | 429.7M | 451.2M | |
Total Current Assets | 533.3M | 712.7M | 644.7M | 596.0M | 624.2M | 542.5M | |
Accumulated Other Comprehensive Income | (11.8M) | (6.8M) | (11.1M) | (15.5M) | (12.2M) | (12.8M) | |
Net Tangible Assets | 640.3M | 731.8M | 635.5M | 599.0M | 688.8M | 667.2M | |
Good Will | 104.6M | 109.3M | 105.1M | 102.3M | 103.9M | 115.3M | |
Capital Surpluse | 1.3B | 1.4B | 1.5B | 1.6B | 1.9B | 1.1B | |
Deferred Long Term Liab | 15.1M | 14.5M | 16.9M | 25.9M | 29.8M | 31.3M | |
Intangible Assets | 10.1M | 13.5M | 10.7M | 9.0M | 7.6M | 11.3M | |
Non Current Liabilities Other | 6.8M | 8.4M | 7.2M | 36.1M | 41.3M | 43.3M |
Pair Trading with Yelp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Yelp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Yelp will appreciate offsetting losses from the drop in the long position's value.Moving together with Yelp Stock
Moving against Yelp Stock
The ability to find closely correlated positions to Yelp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Yelp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Yelp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Yelp Inc to buy it.
The correlation of Yelp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Yelp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Yelp Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Yelp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Yelp Stock Analysis
When running Yelp's price analysis, check to measure Yelp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Yelp is operating at the current time. Most of Yelp's value examination focuses on studying past and present price action to predict the probability of Yelp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yelp's price. Additionally, you may evaluate how the addition of Yelp to your portfolios can decrease your overall portfolio volatility.