YXTCOM Operating Income vs Tax Provision 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 Operating Income and its Tax Provision 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.

Operating Income vs Tax Provision

Operating Income vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of YXTCOM GROUP HOLDING Operating Income account and Tax Provision. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between YXTCOM GROUP's Operating Income and Tax Provision is -0.48. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Tax Provision 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 Operating Income and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of YXTCOM GROUP HOLDING are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Operating Income i.e., YXTCOM GROUP's Operating Income and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.48

Relationship Direction	Negative
Relationship Strength	Very Weak

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Operating Income

Operating Income is the amount of profit realized from YXTCOM GROUP HOLDING operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of YXTCOM GROUP HOLDING is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

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

Gross Profit Total Revenue

YXTCOM GROUP fundamental ratios Correlations

	Other Current Assets	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Net Receivables	Good Will	Short Term Investments	Non Current Liabilities Total	Capital Lease Obligations	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital
Other Current Assets		0.29	0.05	0.02	0.06	-0.04	0.06	0.05	0.06	0.04	0.16	-0.03	-0.26	0.22	0.13	0.2	0.0	0.05	-0.23	0.0	0.05	0.01	-0.22	0.32	0.1	0.32
Total Assets	0.29		0.53	0.51	-0.29	0.35	-0.3	0.6	-0.28	0.58	0.81	0.38	-0.72	0.9	0.13	0.16	0.47	0.59	-0.31	0.48	-0.33	0.51	-0.88	0.92	-0.01	0.69
Other Current Liab	0.05	0.53		0.99	-0.8	0.77	-0.8	0.94	-0.79	0.82	0.87	0.73	-0.37	0.67	-0.41	-0.58	0.81	0.97	0.46	0.83	-0.83	0.88	-0.82	0.35	-0.53	-0.13
Total Current Liabilities	0.02	0.51	0.99		-0.88	0.87	-0.89	0.98	-0.88	0.89	0.89	0.83	-0.25	0.64	-0.49	-0.68	0.89	0.99	0.56	0.9	-0.91	0.94	-0.76	0.27	-0.62	-0.21
Total Stockholder Equity	0.06	-0.29	-0.8	-0.88		-0.99	1.0	-0.92	1.0	-0.95	-0.76	-0.98	-0.2	-0.36	0.75	0.89	-0.97	-0.88	-0.82	-0.97	1.0	-0.96	0.44	0.04	0.85	0.47
Other Liab	-0.04	0.35	0.77	0.87	-0.99		-0.99	0.92	-0.99	0.97	0.78	1.0	0.19	0.41	-0.71	-0.86	0.99	0.87	0.78	0.99	-0.99	0.97	-0.45	0.0	-0.82	-0.42
Net Tangible Assets	0.06	-0.3	-0.8	-0.89	1.0	-0.99		-0.92	1.0	-0.95	-0.77	-0.98	-0.19	-0.37	0.75	0.89	-0.97	-0.88	-0.81	-0.98	1.0	-0.96	0.45	0.03	0.85	0.46
Property Plant And Equipment Net	0.05	0.6	0.94	0.98	-0.92	0.92	-0.92		-0.91	0.97	0.93	0.91	-0.2	0.69	-0.5	-0.68	0.96	0.99	0.55	0.96	-0.94	0.99	-0.75	0.31	-0.64	-0.16
Retained Earnings	0.06	-0.28	-0.79	-0.88	1.0	-0.99	1.0	-0.91		-0.94	-0.76	-0.98	-0.22	-0.35	0.76	0.9	-0.97	-0.87	-0.83	-0.97	1.0	-0.96	0.43	0.05	0.86	0.48
Accounts Payable	0.04	0.58	0.82	0.89	-0.95	0.97	-0.95	0.97	-0.94		0.9	0.97	-0.03	0.6	-0.59	-0.71	0.99	0.92	0.6	0.99	-0.96	0.98	-0.64	0.25	-0.72	-0.18
Cash	0.16	0.81	0.87	0.89	-0.76	0.78	-0.77	0.93	-0.76	0.9		0.78	-0.42	0.78	-0.39	-0.4	0.84	0.92	0.26	0.85	-0.79	0.88	-0.89	0.61	-0.53	0.19
Non Current Assets Total	-0.03	0.38	0.73	0.83	-0.98	1.0	-0.98	0.91	-0.98	0.97	0.78		0.2	0.42	-0.7	-0.84	0.99	0.85	0.75	0.99	-0.98	0.96	-0.44	0.02	-0.81	-0.37
Other Assets	-0.26	-0.72	-0.37	-0.25	-0.2	0.19	-0.19	-0.2	-0.22	-0.03	-0.42	0.2		-0.75	-0.56	-0.53	0.07	-0.28	0.65	0.05	-0.14	-0.05	0.78	-0.86	-0.47	-0.77
Net Receivables	0.22	0.9	0.67	0.64	-0.36	0.41	-0.37	0.69	-0.35	0.6	0.78	0.42	-0.75		0.25	0.0	0.54	0.71	-0.17	0.55	-0.42	0.61	-0.89	0.75	0.09	0.47
Good Will	0.13	0.13	-0.41	-0.49	0.75	-0.71	0.75	-0.5	0.76	-0.59	-0.39	-0.7	-0.56	0.25		0.78	-0.62	-0.45	-0.8	-0.61	0.71	-0.57	0.01	0.3	0.98	0.57
Short Term Investments	0.2	0.16	-0.58	-0.68	0.89	-0.86	0.89	-0.68	0.9	-0.71	-0.4	-0.84	-0.53	0.0	0.78		-0.79	-0.64	-0.99	-0.79	0.88	-0.76	0.05	0.48	0.83	0.81
Non Current Liabilities Total	0.0	0.47	0.81	0.89	-0.97	0.99	-0.97	0.96	-0.97	0.99	0.84	0.99	0.07	0.54	-0.62	-0.79		0.91	0.69	1.0	-0.98	0.99	-0.55	0.12	-0.74	-0.3
Capital Lease Obligations	0.05	0.59	0.97	0.99	-0.88	0.87	-0.88	0.99	-0.87	0.92	0.92	0.85	-0.28	0.71	-0.45	-0.64	0.91		0.51	0.92	-0.91	0.96	-0.79	0.33	-0.58	-0.14
Other Stockholder Equity	-0.23	-0.31	0.46	0.56	-0.82	0.78	-0.81	0.55	-0.83	0.6	0.26	0.75	0.65	-0.17	-0.8	-0.99	0.69	0.51		0.69	-0.79	0.65	0.11	-0.6	-0.82	-0.88
Total Liab	0.0	0.48	0.83	0.9	-0.97	0.99	-0.98	0.96	-0.97	0.99	0.85	0.99	0.05	0.55	-0.61	-0.79	1.0	0.92	0.69		-0.98	0.99	-0.57	0.13	-0.74	-0.3
Net Invested Capital	0.05	-0.33	-0.83	-0.91	1.0	-0.99	1.0	-0.94	1.0	-0.96	-0.79	-0.98	-0.14	-0.42	0.71	0.88	-0.98	-0.91	-0.79	-0.98		-0.98	0.49	0.0	0.82	0.44
Property Plant And Equipment Gross	0.01	0.51	0.88	0.94	-0.96	0.97	-0.96	0.99	-0.96	0.98	0.88	0.96	-0.05	0.61	-0.57	-0.76	0.99	0.96	0.65	0.99	-0.98		-0.64	0.19	-0.7	-0.26
Short Long Term Debt	-0.22	-0.88	-0.82	-0.76	0.44	-0.45	0.45	-0.75	0.43	-0.64	-0.89	-0.44	0.78	-0.89	0.01	0.05	-0.55	-0.79	0.11	-0.57	0.49	-0.64		-0.82	0.15	-0.46
Total Current Assets	0.32	0.92	0.35	0.27	0.04	0.0	0.03	0.31	0.05	0.25	0.61	0.02	-0.86	0.75	0.3	0.48	0.12	0.33	-0.6	0.13	0.0	0.19	-0.82		0.21	0.88
Capital Stock	0.1	-0.01	-0.53	-0.62	0.85	-0.82	0.85	-0.64	0.86	-0.72	-0.53	-0.81	-0.47	0.09	0.98	0.83	-0.74	-0.58	-0.82	-0.74	0.82	-0.7	0.15	0.21		0.53
Net Working Capital	0.32	0.69	-0.13	-0.21	0.47	-0.42	0.46	-0.16	0.48	-0.18	0.19	-0.37	-0.77	0.47	0.57	0.81	-0.3	-0.14	-0.88	-0.3	0.44	-0.26	-0.46	0.88	0.53

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YXTCOM Operating Income vs Tax Provision Analysis

Operating Income vs Tax Provision

Operating Income vs Tax Provision Correlation Analysis

Correlation Coefficient

Operating Income

Tax Provision

YXTCOM GROUP fundamental ratios Correlations

YXTCOM GROUP Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for YXTCOM Stock Analysis

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MAIN CATEGORIES

COMPANY

Net Tangible Assets	+ 1.0	Total Stockholder Equity
Retained Earnings	+ 1.0	Total Stockholder Equity
Net Invested Capital	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Other Liab
Retained Earnings	+ 1.0	Net Tangible Assets
Net Invested Capital	+ 1.0	Net Tangible Assets

Other Stockholder Equity	- 0.99	Short Term Investments
Net Invested Capital	- 0.99	Other Liab
Retained Earnings	- 0.99	Other Liab
Net Tangible Assets	- 0.99	Other Liab
Other Liab	- 0.99	Total Stockholder Equity
Property Plant And Equipment Gross	- 0.98	Net Invested Capital