Young Inventory vs Non Currrent Assets Other 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 Inventory and its Non Currrent Assets Other 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.

Inventory vs Non Currrent Assets Other

Inventory vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Young Cos Brewery Inventory account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Young Cos' Inventory and Non Currrent Assets Other is -0.16. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Non Currrent Assets Other 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' Inventory and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Young Cos Brewery are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Inventory i.e., Young Cos' Inventory and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Inventory

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 Expense9.5M8.1M4.5M
Depreciation And Amortization31M34.9M36.6M

Young Cos fundamental ratios Correlations

0.940.810.880.981.00.920.970.760.61.00.030.540.70.970.720.45-0.20.960.810.780.69-0.710.8-0.640.79
0.940.660.940.860.931.00.850.70.460.94-0.160.420.620.970.70.52-0.210.980.730.910.64-0.740.84-0.510.89
0.810.660.730.80.80.630.770.820.620.80.130.590.590.760.74-0.02-0.040.760.740.540.56-0.560.55-0.620.68
0.880.940.730.790.870.920.770.80.530.88-0.080.490.580.90.80.22-0.230.950.760.940.59-0.70.82-0.440.92
0.980.860.80.790.980.840.980.710.620.980.10.550.710.910.670.46-0.20.890.790.680.69-0.640.75-0.650.69
1.00.930.80.870.980.920.970.750.571.00.010.520.690.970.690.47-0.190.960.780.770.68-0.690.79-0.650.78
0.921.00.630.920.840.920.820.680.390.92-0.20.350.580.970.680.54-0.210.970.670.90.61-0.720.82-0.510.88
0.970.850.770.770.980.970.820.630.650.960.010.590.810.90.70.49-0.250.880.830.680.78-0.720.79-0.550.69
0.760.70.820.80.710.750.680.630.510.760.250.460.270.740.63-0.10.020.780.590.650.25-0.430.43-0.650.66
0.60.460.620.530.620.570.390.650.510.580.40.980.680.520.6-0.06-0.090.530.930.470.61-0.530.56-0.280.47
1.00.940.80.880.981.00.920.960.760.580.020.520.690.970.710.46-0.190.960.790.780.68-0.70.8-0.650.79
0.03-0.160.13-0.080.10.01-0.20.010.250.40.020.39-0.2-0.07-0.16-0.370.16-0.080.17-0.19-0.230.39-0.21-0.41-0.23
0.540.420.590.490.550.520.350.590.460.980.520.390.630.490.54-0.09-0.130.50.90.420.56-0.540.51-0.30.43
0.70.620.590.580.710.690.580.810.270.680.69-0.20.630.640.770.4-0.280.630.820.520.98-0.770.76-0.080.66
0.970.970.760.90.910.970.970.90.740.520.97-0.070.490.640.690.48-0.150.990.760.830.65-0.750.8-0.630.85
0.720.70.740.80.670.690.680.70.630.60.71-0.160.540.770.690.11-0.260.740.770.680.73-0.760.63-0.070.89
0.450.52-0.020.220.460.470.540.49-0.1-0.060.46-0.37-0.090.40.480.11-0.220.420.180.320.44-0.430.42-0.140.29
-0.2-0.21-0.04-0.23-0.2-0.19-0.21-0.250.02-0.09-0.190.16-0.13-0.28-0.15-0.26-0.22-0.18-0.23-0.12-0.250.44-0.24-0.01-0.23
0.960.980.760.950.890.960.970.880.780.530.96-0.080.50.630.990.740.42-0.180.780.880.65-0.750.82-0.590.89
0.810.730.740.760.790.780.670.830.590.930.790.170.90.820.760.770.18-0.230.780.690.78-0.740.78-0.360.73
0.780.910.540.940.680.770.90.680.650.470.78-0.190.420.520.830.680.32-0.120.880.690.56-0.630.84-0.30.86
0.690.640.560.590.690.680.610.780.250.610.68-0.230.560.980.650.730.44-0.250.650.780.56-0.750.78-0.090.68
-0.71-0.74-0.56-0.7-0.64-0.69-0.72-0.72-0.43-0.53-0.70.39-0.54-0.77-0.75-0.76-0.430.44-0.75-0.74-0.63-0.75-0.70.18-0.78
0.80.840.550.820.750.790.820.790.430.560.8-0.210.510.760.80.630.42-0.240.820.780.840.78-0.7-0.310.78
-0.64-0.51-0.62-0.44-0.65-0.65-0.51-0.55-0.65-0.28-0.65-0.41-0.3-0.08-0.63-0.07-0.14-0.01-0.59-0.36-0.3-0.090.18-0.31-0.25
0.790.890.680.920.690.780.880.690.660.470.79-0.230.430.660.850.890.29-0.230.890.730.860.68-0.780.78-0.25
Click cells to compare fundamentals

Young Cos Account Relationship Matchups

Young Cos fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets989.6M997.5M1.1B1.1B1.4B1.4B
Short Long Term Debt Total281.5M253.4M207.8M175.9M376.5M395.3M
Other Current Liab13.9M13.6M23.8M33.2M33.7M35.4M
Total Current Liabilities51.1M91M52.3M78.9M148M155.4M
Total Stockholder Equity590.8M645.4M699.7M724.2M771.6M810.2M
Property Plant And Equipment Net934.5M931.7M955M985.4M1.2B1.3B
Net Debt280.4M248.7M173.8M165.2M359.6M377.6M
Retained Earnings331.4M377.5M431.8M442.4M438M459.9M
Accounts Payable16.1M3.1M14.5M13.4M21.3M22.4M
Cash1.1M4.7M34M10.7M16.9M17.7M
Non Current Assets Total975.3M972.8M1.0B1.0B1.3B1.4B
Non Currrent Assets Other500K1.2M14.3M700K4M4.2M
Cash And Short Term Investments1.1M4.7M34M10.7M16.9M17.7M
Common Stock Shares Outstanding49.0M56.1M58.5M58.5M58.8M55.4M
Liabilities And Stockholders Equity989.6M997.5M1.1B1.1B1.4B1.4B
Non Current Liabilities Total307.8M299.8M283.3M277.4M430M451.5M
Other Current Assets9.9M17.4M3.6M6.9M6.5M7.4M
Other Stockholder Equity7.5M7.6M7.7M7.8M7.0M6.7M
Total Liab398.8M352.1M362.2M329.7M578M606.9M
Total Current Assets14.3M24.7M53.8M28.3M44.5M46.7M
Short Term Debt55.3M34.7M34.9M4.8M78.3M82.2M
Current Deferred Revenue(8.2M)(11.5M)(11.8M)(13.7M)(15.8M)(16.5M)
Net Receivables6.6M14.1M11.5M5.3M14.6M15.3M
Long Term Debt149.2M143.4M103.8M104.2M213.2M151.6M
Short Long Term Debt50M29.8M30M0.071.5M75.1M
Accumulated Other Comprehensive Income245.8M253M252.9M266.7M318M287.9M
Capital Lease Obligations82.3M80.2M74M71.7M91.8M55.2M
Net Invested Capital790M818.6M833.5M828.4M1.1B909.5M
Net Working Capital(76.7M)(27.6M)(25.1M)(24M)(101.3M)(96.2M)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Young Stock Analysis

When running Young Cos' price analysis, check to measure Young Cos' 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 Young Cos is operating at the current time. Most of Young Cos' value examination focuses on studying past and present price action to predict the probability of Young Cos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Young Cos' price. Additionally, you may evaluate how the addition of Young Cos to your portfolios can decrease your overall portfolio volatility.