Yirendai Interest Coverage vs Payables Turnover Analysis

YRD Stock  USD 4.92  0.19  4.02%   
Yirendai financial indicator trend analysis is more than just analyzing Yirendai current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yirendai is a good investment. Please check the relationship between Yirendai Interest Coverage and its Payables Turnover accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yirendai. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Yirendai Stock refer to our How to Trade Yirendai Stock guide.

Interest Coverage vs Payables Turnover

Interest Coverage vs Payables Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yirendai Interest Coverage account and Payables Turnover. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Yirendai's Interest Coverage and Payables Turnover is -0.23. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Payables Turnover in the same time period over historical financial statements of Yirendai, assuming nothing else is changed. The correlation between historical values of Yirendai's Interest Coverage and Payables Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Coverage of Yirendai are associated (or correlated) with its Payables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payables Turnover has no effect on the direction of Interest Coverage i.e., Yirendai's Interest Coverage and Payables Turnover go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

Interest Coverage

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.
Most indicators from Yirendai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yirendai 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 Yirendai. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Yirendai Stock refer to our How to Trade Yirendai Stock guide.At present, Yirendai's Tax Provision is projected to increase significantly based on the last few years of reporting.
 2022 2023 2024 2025 (projected)
Gross Profit2.7B3.9B4.5B3.6B
Total Revenue3.4B4.9B5.6B4.1B

Yirendai fundamental ratios Correlations

0.530.760.860.40.810.650.490.860.820.620.270.810.920.590.610.860.830.060.580.87-0.740.67-0.840.410.86
0.530.540.420.120.510.160.20.250.430.080.510.450.410.530.460.430.56-0.260.140.56-0.650.1-0.470.280.48
0.760.540.94-0.020.840.350.640.530.960.120.070.640.720.380.950.720.46-0.10.360.95-0.580.36-0.95-0.10.95
0.860.420.940.140.880.450.690.70.980.320.10.730.820.450.840.770.580.030.420.98-0.630.49-0.960.040.99
0.40.12-0.020.14-0.070.290.390.620.020.770.570.00.420.78-0.27-0.040.60.680.120.12-0.380.5-0.090.820.14
0.810.510.840.88-0.070.560.350.60.910.250.020.810.750.30.810.870.64-0.370.550.93-0.570.44-0.860.050.89
0.650.160.350.450.290.56-0.140.640.440.80.00.590.650.170.270.720.79-0.140.970.44-0.470.94-0.450.550.44
0.490.20.640.690.390.35-0.140.530.650.090.320.140.470.620.470.130.210.45-0.210.64-0.340.06-0.650.00.7
0.860.250.530.70.620.60.640.530.660.730.320.50.850.640.340.60.80.180.560.69-0.480.71-0.710.550.72
0.820.430.960.980.020.910.440.650.660.230.070.690.770.360.880.770.54-0.130.440.98-0.570.44-0.97-0.030.99
0.620.080.120.320.770.250.80.090.730.230.330.40.620.48-0.080.430.810.370.660.29-0.530.89-0.260.830.3
0.270.510.070.10.570.020.00.320.320.070.33-0.070.120.62-0.13-0.090.50.15-0.150.18-0.50.04-0.130.640.16
0.810.450.640.730.00.810.590.140.50.690.4-0.070.80.170.630.930.61-0.140.550.74-0.630.53-0.640.080.67
0.920.410.720.820.420.750.650.470.850.770.620.120.80.490.610.80.770.120.570.81-0.60.7-0.780.30.79
0.590.530.380.450.780.30.170.620.640.360.480.620.170.490.130.170.640.450.040.49-0.540.29-0.420.660.49
0.610.460.950.84-0.270.810.270.470.340.88-0.08-0.130.630.610.130.70.28-0.250.320.85-0.40.23-0.87-0.340.85
0.860.430.720.77-0.040.870.720.130.60.770.43-0.090.930.80.170.70.65-0.260.730.78-0.60.63-0.760.120.75
0.830.560.460.580.60.640.790.210.80.540.810.50.610.770.640.280.650.00.670.64-0.730.77-0.560.770.61
0.06-0.26-0.10.030.68-0.37-0.140.450.18-0.130.370.15-0.140.120.45-0.25-0.260.0-0.27-0.1-0.050.170.10.27-0.05
0.580.140.360.420.120.550.97-0.210.560.440.66-0.150.550.570.040.320.730.67-0.270.41-0.380.89-0.460.40.42
0.870.560.950.980.120.930.440.640.690.980.290.180.740.810.490.850.780.64-0.10.41-0.660.44-0.950.080.99
-0.74-0.65-0.58-0.63-0.38-0.57-0.47-0.34-0.48-0.57-0.53-0.5-0.63-0.6-0.54-0.4-0.6-0.73-0.05-0.38-0.66-0.490.58-0.48-0.62
0.670.10.360.490.50.440.940.060.710.440.890.040.530.70.290.230.630.770.170.890.44-0.49-0.460.590.46
-0.84-0.47-0.95-0.96-0.09-0.86-0.45-0.65-0.71-0.97-0.26-0.13-0.64-0.78-0.42-0.87-0.76-0.560.1-0.46-0.950.58-0.46-0.03-0.97
0.410.28-0.10.040.820.050.550.00.55-0.030.830.640.080.30.66-0.340.120.770.270.40.08-0.480.59-0.030.07
0.860.480.950.990.140.890.440.70.720.990.30.160.670.790.490.850.750.61-0.050.420.99-0.620.46-0.970.07
Click cells to compare fundamentals

Yirendai Account Relationship Matchups

Yirendai fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets9.8B6.7B7.7B10.3B11.8B6.5B
Other Current Liab655.8M484.8M144.6M427.8M492.0M367.9M
Total Current Liabilities508.4M1.1B516.3M1.4B1.7B1.7B
Total Stockholder Equity4.5B3.8B4.8B8.1B9.3B9.8B
Other Liab2.5B175.9M181.3M264.0M303.6M288.4M
Net Tangible Assets4.5B3.8B4.8B6.0B6.9B7.3B
Property Plant And Equipment Net530.0M252.9M183.3M102.5M117.9M148.0M
Retained Earnings(533.5M)(1.3B)(247.8M)3.0B3.4B3.6B
Accounts Payable43.6M9.9M19.1M30.9M35.5M21.3M
Cash3.2B2.5B2.9B5.8B6.7B7.0B
Non Current Assets Total4.6B1.4B1.7B624.5M718.2M682.3M
Other Assets205.4M82.3M17.3M173.0M155.7M217.2M
Net Receivables1.4B2.5B3.0B2.0B2.3B1.5B
Common Stock Shares Outstanding93.3M90.2M85.3M89.3M102.7M85.5M
Short Term Investments461.0M175.5M177.4M514.1M591.3M449.6M
Liabilities And Stockholders Equity9.8B6.7B7.7B10.3B11.8B6.5B
Other Current Assets1.4B330.3M574.0M1.5B1.7B1.8B
Other Stockholder Equity5.0B5.0B5.1B5.1B5.8B3.0B
Total Liab5.3B2.9B2.9B2.2B2.5B2.7B
Long Term Investments3.3M2.2M2.7M10.4M9.4M8.9M
Property Plant And Equipment Gross252.9M183.3M111.2M118.3M136.0M120.0M
Total Current Assets5.2B5.3B6.1B9.7B11.1B11.7B
Accumulated Other Comprehensive Income21.9M17.1M11.6M23.7M27.2M28.6M
Property Plant Equipment530.0M252.9M183.3M111.2M127.8M162.5M
Net Debt(2.9B)(2.4B)(1.8B)(5.8B)(5.2B)(4.9B)
Non Currrent Assets Other1.3B278.6M352.0M35.7M32.1M30.5M
Long Term Debt18.6M500.5M1.0B767.9M883.1M927.2M
Cash And Short Term Investments3.7B2.6B3.0B6.2B7.1B7.5B
Long Term Debt Total18.6M500.5M1.0B767.9M883.1M927.2M
Non Current Liabilities Total4.8B1.8B2.4B747.4M859.5M816.6M
Capital Surpluse5.0B5.1B5.1B5.2B5.9B6.2B
Capital Lease Obligations81.9M72.1M35.2M23.6M27.2M25.8M
Inventory1.0102.5M(493.2M)(76.1M)(68.4M)(65.0M)
Deferred Long Term Liab160.0M65.5M10.0M787K905.1K859.8K
Non Current Liabilities Other33.6M5.7M118.7M120.9M108.8M103.3M

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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.
When determining whether Yirendai is a strong investment it is important to analyze Yirendai's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Yirendai's future performance. For an informed investment choice regarding Yirendai Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yirendai. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Yirendai Stock refer to our How to Trade Yirendai Stock guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Consumer Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Yirendai. If investors know Yirendai will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Yirendai listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.20)
Earnings Share
3.16
Revenue Per Share
62.45
Quarterly Revenue Growth
0.13
Return On Assets
0.1606
The market value of Yirendai is measured differently than its book value, which is the value of Yirendai that is recorded on the company's balance sheet. Investors also form their own opinion of Yirendai's value that differs from its market value or its book value, called intrinsic value, which is Yirendai's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Yirendai's market value can be influenced by many factors that don't directly affect Yirendai's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Yirendai's value and its price as these two are different measures arrived at by different means. Investors typically determine if Yirendai is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Yirendai's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.