17 Education Total Revenue vs Gross Profit Analysis

YQ Stock

USD 1.90 0.10 5.56%

17 Education financial indicator trend analysis is way more than just evaluating 17 Education Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 17 Education Technology is a good investment. Please check the relationship between 17 Education Total Revenue and its Gross Profit accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in 17 Education Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

Total Revenue vs Gross Profit

Total Revenue vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 17 Education Technology Total Revenue account and Gross Profit. At this time, the significance of the direction appears to have totally related.

The correlation between 17 Education's Total Revenue and Gross Profit is 1.0. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Gross Profit in the same time period over historical financial statements of 17 Education Technology, assuming nothing else is changed. The correlation between historical values of 17 Education's Total Revenue and Gross Profit 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 Revenue of 17 Education Technology are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Total Revenue i.e., 17 Education's Total Revenue and Gross Profit go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Revenue

Total revenue comprises all receipts 17 Education Technology 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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of 17 Education Technology minus its cost of goods sold. It is profit before 17 Education operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most indicators from 17 Education's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 17 Education Technology 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 17 Education Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

At this time, 17 Education's Selling General Administrative is relatively stable compared to the past year. As of 11/25/2024, Sales General And Administrative To Revenue is likely to grow to 0.95, though Enterprise Value is likely to grow to (147.1 M).

	2021	2022	2023	2024 (projected)
Gross Profit	1.3B	324.9M	80.7M	76.7M
Total Revenue	2.2B	531.1M	171.0M	162.4M

Gross Profit Total Revenue

17 Education fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Accounts Payable	Cash	Other Assets	Long Term Debt	Good Will	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity
Total Assets		0.94	0.92	0.87	0.97	0.95	0.66	0.68	0.81	0.38	0.68	-0.66	0.95	0.69	0.72	0.66	0.7	0.74	0.81	-0.4	-0.61	0.73	0.56	0.53	0.21	0.64
Other Current Liab	0.94		0.86	0.86	0.92	0.87	0.51	0.52	0.87	0.1	0.52	-0.48	0.91	0.69	0.8	0.66	0.78	0.82	0.84	-0.53	-0.61	0.81	0.61	0.66	0.16	0.67
Total Current Liabilities	0.92	0.86		0.93	0.93	0.98	0.62	0.57	0.71	0.51	0.57	-0.59	0.96	0.9	0.53	0.53	0.51	0.88	0.92	-0.42	-0.47	0.87	0.7	0.5	0.02	0.47
Accounts Payable	0.87	0.86	0.93		0.81	0.87	0.62	0.64	0.82	0.32	0.64	-0.61	0.97	0.82	0.68	0.73	0.67	0.78	0.83	-0.21	-0.69	0.77	0.5	0.34	0.29	0.68
Cash	0.97	0.92	0.93	0.81		0.96	0.6	0.55	0.75	0.42	0.55	-0.57	0.9	0.75	0.61	0.5	0.59	0.82	0.87	-0.55	-0.45	0.82	0.7	0.63	-0.01	0.49
Other Assets	0.95	0.87	0.98	0.87	0.96		0.61	0.57	0.68	0.52	0.57	-0.59	0.93	0.84	0.52	0.49	0.5	0.84	0.92	-0.49	-0.42	0.84	0.72	0.58	0.0	0.44
Long Term Debt	0.66	0.51	0.62	0.62	0.6	0.61		0.95	0.61	0.48	0.95	-0.97	0.66	0.37	0.53	0.65	0.54	0.29	0.36	0.17	-0.64	0.28	0.05	-0.11	0.45	0.61
Good Will	0.68	0.52	0.57	0.64	0.55	0.57	0.95		0.62	0.43	1.0	-0.98	0.68	0.28	0.6	0.74	0.61	0.21	0.3	0.27	-0.73	0.19	-0.06	-0.14	0.61	0.7
Other Current Assets	0.81	0.87	0.71	0.82	0.75	0.68	0.61	0.62		-0.08	0.62	-0.55	0.8	0.48	0.95	0.88	0.94	0.57	0.6	-0.2	-0.86	0.55	0.29	0.31	0.45	0.89
Total Liab	0.38	0.1	0.51	0.32	0.42	0.52	0.48	0.43	-0.08		0.43	-0.53	0.41	0.47	-0.25	-0.05	-0.25	0.25	0.31	0.07	0.08	0.25	0.25	-0.08	-0.13	-0.15
Intangible Assets	0.68	0.52	0.57	0.64	0.55	0.57	0.95	1.0	0.62	0.43		-0.98	0.68	0.28	0.6	0.74	0.61	0.21	0.3	0.27	-0.73	0.19	-0.06	-0.14	0.61	0.7
Common Stock	-0.66	-0.48	-0.59	-0.61	-0.57	-0.59	-0.97	-0.98	-0.55	-0.53	-0.98		-0.66	-0.34	-0.48	-0.62	-0.49	-0.25	-0.33	-0.2	0.61	-0.23	-0.02	0.11	-0.46	-0.58
Property Plant Equipment	0.95	0.91	0.96	0.97	0.9	0.93	0.66	0.68	0.8	0.41	0.68	-0.66		0.8	0.68	0.7	0.67	0.79	0.83	-0.28	-0.65	0.78	0.52	0.42	0.25	0.66
Short Long Term Debt Total	0.69	0.69	0.9	0.82	0.75	0.84	0.37	0.28	0.48	0.47	0.28	-0.34	0.8		0.24	0.23	0.21	0.94	0.92	-0.5	-0.17	0.94	0.81	0.53	-0.28	0.16
Total Stockholder Equity	0.72	0.8	0.53	0.68	0.61	0.52	0.53	0.6	0.95	-0.25	0.6	-0.48	0.68	0.24		0.92	1.0	0.38	0.42	-0.09	-0.91	0.36	0.09	0.24	0.61	0.95
Other Liab	0.66	0.66	0.53	0.73	0.5	0.49	0.65	0.74	0.88	-0.05	0.74	-0.62	0.7	0.23	0.92		0.93	0.24	0.32	0.24	-0.99	0.21	-0.11	-0.07	0.81	0.99
Net Tangible Assets	0.7	0.78	0.51	0.67	0.59	0.5	0.54	0.61	0.94	-0.25	0.61	-0.49	0.67	0.21	1.0	0.93		0.34	0.39	-0.05	-0.92	0.32	0.05	0.2	0.65	0.96
Property Plant And Equipment Net	0.74	0.82	0.88	0.78	0.82	0.84	0.29	0.21	0.57	0.25	0.21	-0.25	0.79	0.94	0.38	0.24	0.34		0.95	-0.71	-0.18	1.0	0.89	0.74	-0.33	0.22
Current Deferred Revenue	0.81	0.84	0.92	0.83	0.87	0.92	0.36	0.3	0.6	0.31	0.3	-0.33	0.83	0.92	0.42	0.32	0.39	0.95		-0.68	-0.25	0.96	0.89	0.75	-0.22	0.29
Net Debt	-0.4	-0.53	-0.42	-0.21	-0.55	-0.49	0.17	0.27	-0.2	0.07	0.27	-0.2	-0.28	-0.5	-0.09	0.24	-0.05	-0.71	-0.68		-0.29	-0.73	-0.9	-0.96	0.68	0.2
Retained Earnings	-0.61	-0.61	-0.47	-0.69	-0.45	-0.42	-0.64	-0.73	-0.86	0.08	-0.73	0.61	-0.65	-0.17	-0.91	-0.99	-0.92	-0.18	-0.25	-0.29		-0.15	0.18	0.13	-0.83	-0.99
Non Current Assets Total	0.73	0.81	0.87	0.77	0.82	0.84	0.28	0.19	0.55	0.25	0.19	-0.23	0.78	0.94	0.36	0.21	0.32	1.0	0.96	-0.73	-0.15		0.91	0.76	-0.36	0.19
Non Currrent Assets Other	0.56	0.61	0.7	0.5	0.7	0.72	0.05	-0.06	0.29	0.25	-0.06	-0.02	0.52	0.81	0.09	-0.11	0.05	0.89	0.89	-0.9	0.18	0.91		0.87	-0.63	-0.13
Cash And Short Term Investments	0.53	0.66	0.5	0.34	0.63	0.58	-0.11	-0.14	0.31	-0.08	-0.14	0.11	0.42	0.53	0.24	-0.07	0.2	0.74	0.75	-0.96	0.13	0.76	0.87		-0.51	-0.03
Net Receivables	0.21	0.16	0.02	0.29	-0.01	0.0	0.45	0.61	0.45	-0.13	0.61	-0.46	0.25	-0.28	0.61	0.81	0.65	-0.33	-0.22	0.68	-0.83	-0.36	-0.63	-0.51		0.81
Common Stock Total Equity	0.64	0.67	0.47	0.68	0.49	0.44	0.61	0.7	0.89	-0.15	0.7	-0.58	0.66	0.16	0.95	0.99	0.96	0.22	0.29	0.2	-0.99	0.19	-0.13	-0.03	0.81

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17 Education Account Relationship Matchups

17 Education fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	918.3M	3.4B	1.6B	980.5M	684.5M	1.3B
Other Current Liab	7.8M	1.1B	627.2M	193.4M	171.8M	326.7M
Total Current Liabilities	680.7M	1.2B	683.1M	214.1M	180.6M	171.6M
Accounts Payable	301.3M	516.9M	386.7M	127.8M	146.9M	211.6M
Cash	653.9M	2.8B	1.2B	707.9M	306.9M	291.6M
Other Assets	16.9M	37.8M	13.9M	4.8M	5.5M	5.2M
Other Current Assets	1.3M	200.4M	151.9M	145.1M	90.9M	81.9M
Total Liab	5.4B	1.3B	783.4M	221.7M	190.3M	180.7M
Common Stock	37K	313K	331K	317K	343K	363.7K
Property Plant Equipment	143.8M	305.4M	223.8M	62.3M	71.7M	130.1M
Short Long Term Debt Total	149.4M	187.5M	147.2M	26.3M	17.3M	16.4M
Total Stockholder Equity	(4.5B)	2.1B	797.0M	758.9M	494.3M	519.0M
Net Tangible Assets	(4.5B)	2.1B	797.0M	758.9M	872.7M	916.3M
Property Plant And Equipment Net	145.4M	305.4M	223.8M	62.3M	52.0M	49.4M
Current Deferred Revenue	243.5M	596.3M	243.9M	42.4M	44.9M	42.7M
Net Debt	(504.4M)	(2.6B)	(1.0B)	(681.6M)	(289.6M)	(304.1M)
Retained Earnings	(4.6B)	(8.6B)	(10.1B)	(10.3B)	(10.6B)	(11.1B)
Non Current Assets Total	160.7M	343.2M	237.7M	67.1M	53.8M	51.1M
Non Currrent Assets Other	15.2M	37.8M	13.9M	4.8M	(2.1M)	(2.0M)
Cash And Short Term Investments	653.9M	2.8B	1.2B	727.4M	480.6M	953.4M
Net Receivables	14.3M	7.4M	23.1M	34.8M	59.2M	62.2M
Short Term Investments	1.8M	11.2M	10.0M	19.5M	173.7M	182.3M
Liabilities And Stockholders Equity	918.3M	3.4B	1.6B	980.5M	684.5M	1.2B
Non Current Liabilities Total	4.7B	120.1M	100.3M	7.5M	9.7M	9.2M
Capital Lease Obligations	64.4M	187.5M	147.2M	26.3M	17.3M	16.4M
Inventory	88.2M	(7.2M)	(23.1M)	10.2M	89.9M	94.4M
Net Invested Capital	(4.4B)	2.1B	797.0M	758.9M	494.3M	519.0M
Property Plant And Equipment Gross	145.4M	325.2M	223.8M	62.3M	139.1M	131.9M
Total Current Assets	757.6M	3.0B	1.3B	913.4M	630.7M	1.1B
Accumulated Other Comprehensive Income	88.2M	49.6M	18.7M	62.7M	77.4M	52.9M
Capital Stock	54.3M	313K	331K	317K	343K	325.9K
Net Working Capital	76.9M	1.8B	659.7M	699.2M	450.1M	632.1M
Short Term Debt	128.2M	69.4M	46.9M	18.7M	7.6M	7.3M

Pair Trading with 17 Education

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 17 Education 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 17 Education will appreciate offsetting losses from the drop in the long position's value.

Moving together with 17 Education Stock

0.79

Ihuman Inc

Pair Corr

Moving against 17 Education Stock

0.6	LRN	Stride Inc	Pair Corr
0.54	UTI	Universal Technical	Pair Corr
0.42	EEIQ	Elite Education Group	Pair Corr

The ability to find closely correlated positions to 17 Education could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 17 Education 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 17 Education - 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 17 Education Technology to buy it.

The correlation of 17 Education 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 17 Education moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 17 Education Technology 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 17 Education 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.

Pair Correlation Correlation Matching

Additional Tools for 17 Education Stock Analysis

When running 17 Education's price analysis, check to measure 17 Education'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 17 Education is operating at the current time. Most of 17 Education's value examination focuses on studying past and present price action to predict the probability of 17 Education's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 17 Education's price. Additionally, you may evaluate how the addition of 17 Education to your portfolios can decrease your overall portfolio volatility.

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