YXTCOM Long Term Debt vs Intangible Assets Analysis

YXT Stock   2.74  0.25  8.36%   
YXTCOM GROUP financial indicator trend analysis is more than just analyzing YXTCOM GROUP HOLDING current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether YXTCOM GROUP HOLDING is a good investment. Please check the relationship between YXTCOM GROUP Long Term Debt and its Intangible Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in YXTCOM GROUP HOLDING. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Long Term Debt vs Intangible Assets

Long Term Debt vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of YXTCOM GROUP HOLDING Long Term Debt account and Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between YXTCOM GROUP's Long Term Debt and Intangible Assets is 0.9. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of YXTCOM GROUP HOLDING, assuming nothing else is changed. The correlation between historical values of YXTCOM GROUP's Long Term Debt and Intangible 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 Long Term Debt of YXTCOM GROUP HOLDING are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Long Term Debt i.e., YXTCOM GROUP's Long Term Debt and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Long Term Debt

Long-term debt is a debt that YXTCOM GROUP HOLDING has held for over one year. Long-term debt appears on YXTCOM GROUP HOLDING balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on YXTCOM GROUP HOLDING balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from YXTCOM GROUP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into YXTCOM GROUP HOLDING 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 YXTCOM GROUP HOLDING. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
Selling General Administrative is likely to gain to about 463.6 M in 2024, despite the fact that Tax Provision is likely to grow to (9.4 M).
 2021 2022 2023 2024 (projected)
Gross Profit200.6M232.7M229.5M222.9M
Total Revenue361.0M430.6M424.0M399.2M

YXTCOM GROUP fundamental ratios Correlations

0.290.050.020.06-0.040.060.050.060.040.16-0.03-0.260.220.130.20.00.05-0.230.00.050.01-0.220.320.10.32
0.290.530.51-0.290.35-0.30.6-0.280.580.810.38-0.720.90.130.160.470.59-0.310.48-0.330.51-0.880.92-0.010.69
0.050.530.99-0.80.77-0.80.94-0.790.820.870.73-0.370.67-0.41-0.580.810.970.460.83-0.830.88-0.820.35-0.53-0.13
0.020.510.99-0.880.87-0.890.98-0.880.890.890.83-0.250.64-0.49-0.680.890.990.560.9-0.910.94-0.760.27-0.62-0.21
0.06-0.29-0.8-0.88-0.991.0-0.921.0-0.95-0.76-0.98-0.2-0.360.750.89-0.97-0.88-0.82-0.971.0-0.960.440.040.850.47
-0.040.350.770.87-0.99-0.990.92-0.990.970.781.00.190.41-0.71-0.860.990.870.780.99-0.990.97-0.450.0-0.82-0.42
0.06-0.3-0.8-0.891.0-0.99-0.921.0-0.95-0.77-0.98-0.19-0.370.750.89-0.97-0.88-0.81-0.981.0-0.960.450.030.850.46
0.050.60.940.98-0.920.92-0.92-0.910.970.930.91-0.20.69-0.5-0.680.960.990.550.96-0.940.99-0.750.31-0.64-0.16
0.06-0.28-0.79-0.881.0-0.991.0-0.91-0.94-0.76-0.98-0.22-0.350.760.9-0.97-0.87-0.83-0.971.0-0.960.430.050.860.48
0.040.580.820.89-0.950.97-0.950.97-0.940.90.97-0.030.6-0.59-0.710.990.920.60.99-0.960.98-0.640.25-0.72-0.18
0.160.810.870.89-0.760.78-0.770.93-0.760.90.78-0.420.78-0.39-0.40.840.920.260.85-0.790.88-0.890.61-0.530.19
-0.030.380.730.83-0.981.0-0.980.91-0.980.970.780.20.42-0.7-0.840.990.850.750.99-0.980.96-0.440.02-0.81-0.37
-0.26-0.72-0.37-0.25-0.20.19-0.19-0.2-0.22-0.03-0.420.2-0.75-0.56-0.530.07-0.280.650.05-0.14-0.050.78-0.86-0.47-0.77
0.220.90.670.64-0.360.41-0.370.69-0.350.60.780.42-0.750.250.00.540.71-0.170.55-0.420.61-0.890.750.090.47
0.130.13-0.41-0.490.75-0.710.75-0.50.76-0.59-0.39-0.7-0.560.250.78-0.62-0.45-0.8-0.610.71-0.570.010.30.980.57
0.20.16-0.58-0.680.89-0.860.89-0.680.9-0.71-0.4-0.84-0.530.00.78-0.79-0.64-0.99-0.790.88-0.760.050.480.830.81
0.00.470.810.89-0.970.99-0.970.96-0.970.990.840.990.070.54-0.62-0.790.910.691.0-0.980.99-0.550.12-0.74-0.3
0.050.590.970.99-0.880.87-0.880.99-0.870.920.920.85-0.280.71-0.45-0.640.910.510.92-0.910.96-0.790.33-0.58-0.14
-0.23-0.310.460.56-0.820.78-0.810.55-0.830.60.260.750.65-0.17-0.8-0.990.690.510.69-0.790.650.11-0.6-0.82-0.88
0.00.480.830.9-0.970.99-0.980.96-0.970.990.850.990.050.55-0.61-0.791.00.920.69-0.980.99-0.570.13-0.74-0.3
0.05-0.33-0.83-0.911.0-0.991.0-0.941.0-0.96-0.79-0.98-0.14-0.420.710.88-0.98-0.91-0.79-0.98-0.980.490.00.820.44
0.010.510.880.94-0.960.97-0.960.99-0.960.980.880.96-0.050.61-0.57-0.760.990.960.650.99-0.98-0.640.19-0.7-0.26
-0.22-0.88-0.82-0.760.44-0.450.45-0.750.43-0.64-0.89-0.440.78-0.890.010.05-0.55-0.790.11-0.570.49-0.64-0.820.15-0.46
0.320.920.350.270.040.00.030.310.050.250.610.02-0.860.750.30.480.120.33-0.60.130.00.19-0.820.210.88
0.1-0.01-0.53-0.620.85-0.820.85-0.640.86-0.72-0.53-0.81-0.470.090.980.83-0.74-0.58-0.82-0.740.82-0.70.150.210.53
0.320.69-0.13-0.210.47-0.420.46-0.160.48-0.180.19-0.37-0.770.470.570.81-0.3-0.14-0.88-0.30.44-0.26-0.460.880.53
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YXTCOM GROUP Account Relationship Matchups

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