YXTCOM Non Current Liabilities Total vs Property Plant And Equipment Net 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 Non Current Liabilities Total and its Property Plant And Equipment Net 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.
Non Current Liabilities Total vs Property Plant And Equipment Net
Non Current Liabilities Total vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of YXTCOM GROUP HOLDING Non Current Liabilities Total account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between YXTCOM GROUP's Non Current Liabilities Total and Property Plant And Equipment Net is 0.96. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Property Plant And Equipment Net 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 Non Current Liabilities Total and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of YXTCOM GROUP HOLDING are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Current Liabilities Total i.e., YXTCOM GROUP's Non Current Liabilities Total and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Non Current Liabilities Total
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.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 Profit | 200.6M | 232.7M | 229.5M | 222.9M | Total Revenue | 361.0M | 430.6M | 424.0M | 399.2M |
YXTCOM GROUP fundamental ratios Correlations
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YXTCOM GROUP Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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