Young Cash And Short Term Investments vs Good Will Analysis

YNGN Stock

638.00 4.00 0.63%

Young Cos financial indicator trend analysis is more than just analyzing Young Cos Brewery current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Young Cos Brewery is a good investment. Please check the relationship between Young Cos Cash And Short Term Investments and its Good Will accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Young Cos Brewery. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cash And Short Term Investments vs Good Will

Cash And Short Term Investments vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Young Cos Brewery Cash And Short Term Investments account and Good Will. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Young Cos' Cash And Short Term Investments and Good Will is 0.43. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Good Will in the same time period over historical financial statements of Young Cos Brewery, assuming nothing else is changed. The correlation between historical values of Young Cos' Cash And Short Term Investments and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Young Cos Brewery are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Cash And Short Term Investments i.e., Young Cos' Cash And Short Term Investments and Good Will go up and down completely randomly.

Correlation Coefficient

0.43

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Young Cos Brewery balance sheet. This account contains Young Cos investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Young Cos Brewery fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Most indicators from Young Cos' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Young Cos Brewery 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 Young Cos Brewery. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to gain to about 184.2 K in 2024, whereas Tax Provision is likely to drop slightly above 8.1 M in 2024.

	2021	2023	2024 (projected)
Interest Expense	9.5M	8.1M	4.5M
Depreciation And Amortization	31M	34.9M	36.6M

Interest Expense Depreciation And Amortization

Young Cos 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	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Net Receivables	Intangible Assets	Good Will
Total Assets		0.94	0.81	0.88	0.98	1.0	0.92	0.97	0.76	0.6	1.0	0.03	0.54	0.7	0.97	0.72	0.45	-0.2	0.96	0.81	0.78	0.69	-0.71	0.8	-0.64	0.79
Short Long Term Debt Total	0.94		0.66	0.94	0.86	0.93	1.0	0.85	0.7	0.46	0.94	-0.16	0.42	0.62	0.97	0.7	0.52	-0.21	0.98	0.73	0.91	0.64	-0.74	0.84	-0.51	0.89
Other Current Liab	0.81	0.66		0.73	0.8	0.8	0.63	0.77	0.82	0.62	0.8	0.13	0.59	0.59	0.76	0.74	-0.02	-0.04	0.76	0.74	0.54	0.56	-0.56	0.55	-0.62	0.68
Total Current Liabilities	0.88	0.94	0.73		0.79	0.87	0.92	0.77	0.8	0.53	0.88	-0.08	0.49	0.58	0.9	0.8	0.22	-0.23	0.95	0.76	0.94	0.59	-0.7	0.82	-0.44	0.92
Total Stockholder Equity	0.98	0.86	0.8	0.79		0.98	0.84	0.98	0.71	0.62	0.98	0.1	0.55	0.71	0.91	0.67	0.46	-0.2	0.89	0.79	0.68	0.69	-0.64	0.75	-0.65	0.69
Property Plant And Equipment Net	1.0	0.93	0.8	0.87	0.98		0.92	0.97	0.75	0.57	1.0	0.01	0.52	0.69	0.97	0.69	0.47	-0.19	0.96	0.78	0.77	0.68	-0.69	0.79	-0.65	0.78
Net Debt	0.92	1.0	0.63	0.92	0.84	0.92		0.82	0.68	0.39	0.92	-0.2	0.35	0.58	0.97	0.68	0.54	-0.21	0.97	0.67	0.9	0.61	-0.72	0.82	-0.51	0.88
Retained Earnings	0.97	0.85	0.77	0.77	0.98	0.97	0.82		0.63	0.65	0.96	0.01	0.59	0.81	0.9	0.7	0.49	-0.25	0.88	0.83	0.68	0.78	-0.72	0.79	-0.55	0.69
Accounts Payable	0.76	0.7	0.82	0.8	0.71	0.75	0.68	0.63		0.51	0.76	0.25	0.46	0.27	0.74	0.63	-0.1	0.02	0.78	0.59	0.65	0.25	-0.43	0.43	-0.65	0.66
Cash	0.6	0.46	0.62	0.53	0.62	0.57	0.39	0.65	0.51		0.58	0.4	0.98	0.68	0.52	0.6	-0.06	-0.09	0.53	0.93	0.47	0.61	-0.53	0.56	-0.28	0.47
Non Current Assets Total	1.0	0.94	0.8	0.88	0.98	1.0	0.92	0.96	0.76	0.58		0.02	0.52	0.69	0.97	0.71	0.46	-0.19	0.96	0.79	0.78	0.68	-0.7	0.8	-0.65	0.79
Non Currrent Assets Other	0.03	-0.16	0.13	-0.08	0.1	0.01	-0.2	0.01	0.25	0.4	0.02		0.39	-0.2	-0.07	-0.16	-0.37	0.16	-0.08	0.17	-0.19	-0.23	0.39	-0.21	-0.41	-0.23
Cash And Short Term Investments	0.54	0.42	0.59	0.49	0.55	0.52	0.35	0.59	0.46	0.98	0.52	0.39		0.63	0.49	0.54	-0.09	-0.13	0.5	0.9	0.42	0.56	-0.54	0.51	-0.3	0.43
Common Stock Shares Outstanding	0.7	0.62	0.59	0.58	0.71	0.69	0.58	0.81	0.27	0.68	0.69	-0.2	0.63		0.64	0.77	0.4	-0.28	0.63	0.82	0.52	0.98	-0.77	0.76	-0.08	0.66
Non Current Liabilities Total	0.97	0.97	0.76	0.9	0.91	0.97	0.97	0.9	0.74	0.52	0.97	-0.07	0.49	0.64		0.69	0.48	-0.15	0.99	0.76	0.83	0.65	-0.75	0.8	-0.63	0.85
Inventory	0.72	0.7	0.74	0.8	0.67	0.69	0.68	0.7	0.63	0.6	0.71	-0.16	0.54	0.77	0.69		0.11	-0.26	0.74	0.77	0.68	0.73	-0.76	0.63	-0.07	0.89
Other Current Assets	0.45	0.52	-0.02	0.22	0.46	0.47	0.54	0.49	-0.1	-0.06	0.46	-0.37	-0.09	0.4	0.48	0.11		-0.22	0.42	0.18	0.32	0.44	-0.43	0.42	-0.14	0.29
Other Stockholder Equity	-0.2	-0.21	-0.04	-0.23	-0.2	-0.19	-0.21	-0.25	0.02	-0.09	-0.19	0.16	-0.13	-0.28	-0.15	-0.26	-0.22		-0.18	-0.23	-0.12	-0.25	0.44	-0.24	-0.01	-0.23
Total Liab	0.96	0.98	0.76	0.95	0.89	0.96	0.97	0.88	0.78	0.53	0.96	-0.08	0.5	0.63	0.99	0.74	0.42	-0.18		0.78	0.88	0.65	-0.75	0.82	-0.59	0.89
Total Current Assets	0.81	0.73	0.74	0.76	0.79	0.78	0.67	0.83	0.59	0.93	0.79	0.17	0.9	0.82	0.76	0.77	0.18	-0.23	0.78		0.69	0.78	-0.74	0.78	-0.36	0.73
Short Term Debt	0.78	0.91	0.54	0.94	0.68	0.77	0.9	0.68	0.65	0.47	0.78	-0.19	0.42	0.52	0.83	0.68	0.32	-0.12	0.88	0.69		0.56	-0.63	0.84	-0.3	0.86
Common Stock	0.69	0.64	0.56	0.59	0.69	0.68	0.61	0.78	0.25	0.61	0.68	-0.23	0.56	0.98	0.65	0.73	0.44	-0.25	0.65	0.78	0.56		-0.75	0.78	-0.09	0.68
Current Deferred Revenue	-0.71	-0.74	-0.56	-0.7	-0.64	-0.69	-0.72	-0.72	-0.43	-0.53	-0.7	0.39	-0.54	-0.77	-0.75	-0.76	-0.43	0.44	-0.75	-0.74	-0.63	-0.75		-0.7	0.18	-0.78
Net Receivables	0.8	0.84	0.55	0.82	0.75	0.79	0.82	0.79	0.43	0.56	0.8	-0.21	0.51	0.76	0.8	0.63	0.42	-0.24	0.82	0.78	0.84	0.78	-0.7		-0.31	0.78
Intangible Assets	-0.64	-0.51	-0.62	-0.44	-0.65	-0.65	-0.51	-0.55	-0.65	-0.28	-0.65	-0.41	-0.3	-0.08	-0.63	-0.07	-0.14	-0.01	-0.59	-0.36	-0.3	-0.09	0.18	-0.31		-0.25
Good Will	0.79	0.89	0.68	0.92	0.69	0.78	0.88	0.69	0.66	0.47	0.79	-0.23	0.43	0.66	0.85	0.89	0.29	-0.23	0.89	0.73	0.86	0.68	-0.78	0.78	-0.25

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Young Cos Account Relationship Matchups

Young Cos fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	989.6M	997.5M	1.1B	1.1B	1.4B	1.4B
Short Long Term Debt Total	281.5M	253.4M	207.8M	175.9M	376.5M	395.3M
Other Current Liab	13.9M	13.6M	23.8M	33.2M	33.7M	35.4M
Total Current Liabilities	51.1M	91M	52.3M	78.9M	148M	155.4M
Total Stockholder Equity	590.8M	645.4M	699.7M	724.2M	771.6M	810.2M
Property Plant And Equipment Net	934.5M	931.7M	955M	985.4M	1.2B	1.3B
Net Debt	280.4M	248.7M	173.8M	165.2M	359.6M	377.6M
Retained Earnings	331.4M	377.5M	431.8M	442.4M	438M	459.9M
Accounts Payable	16.1M	3.1M	14.5M	13.4M	21.3M	22.4M
Cash	1.1M	4.7M	34M	10.7M	16.9M	17.7M
Non Current Assets Total	975.3M	972.8M	1.0B	1.0B	1.3B	1.4B
Non Currrent Assets Other	500K	1.2M	14.3M	700K	4M	4.2M
Cash And Short Term Investments	1.1M	4.7M	34M	10.7M	16.9M	17.7M
Common Stock Shares Outstanding	49.0M	56.1M	58.5M	58.5M	58.8M	55.4M
Liabilities And Stockholders Equity	989.6M	997.5M	1.1B	1.1B	1.4B	1.4B
Non Current Liabilities Total	307.8M	299.8M	283.3M	277.4M	430M	451.5M
Other Current Assets	9.9M	17.4M	3.6M	6.9M	6.5M	7.4M
Other Stockholder Equity	7.5M	7.6M	7.7M	7.8M	7.0M	6.7M
Total Liab	398.8M	352.1M	362.2M	329.7M	578M	606.9M
Total Current Assets	14.3M	24.7M	53.8M	28.3M	44.5M	46.7M
Short Term Debt	55.3M	34.7M	34.9M	4.8M	78.3M	82.2M
Current Deferred Revenue	(8.2M)	(11.5M)	(11.8M)	(13.7M)	(15.8M)	(16.5M)
Net Receivables	6.6M	14.1M	11.5M	5.3M	14.6M	15.3M
Long Term Debt	149.2M	143.4M	103.8M	104.2M	213.2M	151.6M
Short Long Term Debt	50M	29.8M	30M	0.0	71.5M	75.1M
Accumulated Other Comprehensive Income	245.8M	253M	252.9M	266.7M	318M	287.9M
Capital Lease Obligations	82.3M	80.2M	74M	71.7M	91.8M	55.2M
Net Invested Capital	790M	818.6M	833.5M	828.4M	1.1B	909.5M
Net Working Capital	(76.7M)	(27.6M)	(25.1M)	(24M)	(101.3M)	(96.2M)

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Young Cash And Short Term Investments vs Good Will Analysis

Cash And Short Term Investments vs Good Will

Cash And Short Term Investments vs Good Will Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Good Will

Young Cos fundamental ratios Correlations

Young Cos Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Young Cos fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 0.99	Non Current Liabilities Total
Total Stockholder Equity	+ 0.98	Total Assets

Good Will	- 0.78	Current Deferred Revenue
Current Deferred Revenue	- 0.77	Common Stock Shares Outstanding
Current Deferred Revenue	- 0.76	Inventory
Current Deferred Revenue	- 0.75	Common Stock
Current Deferred Revenue	- 0.75	Total Liab
Current Deferred Revenue	- 0.75	Non Current Liabilities Total