YXTCOM Research Development vs Tax Provision Analysis

YXT Stock

2.59 0.35 11.90%

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 Research Development 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.

Research Development vs Tax Provision

Research Development 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 Research Development account and Tax Provision. At this time, the significance of the direction appears to have very week relationship.

The correlation between YXTCOM GROUP's Research Development and Tax Provision is 0.23. Overlapping area represents the amount of variation of Research Development 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 Research Development 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 Research Development 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 Research Development i.e., YXTCOM GROUP's Research Development and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.23

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Research Development

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	Common Stock Shares Outstanding	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
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	0.13	0.2	0.0	0.05	-0.23	0.0	0.05	0.01	-0.22	0.32	0.1
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	0.13	0.16	0.47	0.59	-0.31	0.48	-0.33	0.51	-0.88	0.92	-0.01
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	-0.41	-0.58	0.81	0.97	0.46	0.83	-0.83	0.88	-0.82	0.35	-0.53
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	-0.49	-0.68	0.89	0.99	0.56	0.9	-0.91	0.94	-0.76	0.27	-0.62
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	0.75	0.89	-0.97	-0.88	-0.82	-0.97	1.0	-0.96	0.44	0.04	0.85
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	-0.71	-0.86	0.99	0.87	0.78	0.99	-0.99	0.97	-0.45	0.0	-0.82
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	0.75	0.89	-0.97	-0.88	-0.81	-0.98	1.0	-0.96	0.45	0.03	0.85
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	-0.5	-0.68	0.96	0.99	0.55	0.96	-0.94	0.99	-0.75	0.31	-0.64
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	0.76	0.9	-0.97	-0.87	-0.83	-0.97	1.0	-0.96	0.43	0.05	0.86
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	-0.59	-0.71	0.99	0.92	0.6	0.99	-0.96	0.98	-0.64	0.25	-0.72
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	-0.39	-0.4	0.84	0.92	0.26	0.85	-0.79	0.88	-0.89	0.61	-0.53
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	-0.7	-0.84	0.99	0.85	0.75	0.99	-0.98	0.96	-0.44	0.02	-0.81
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	-0.56	-0.53	0.07	-0.28	0.65	0.05	-0.14	-0.05	0.78	-0.86	-0.47
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	0.25	0.0	0.54	0.71	-0.17	0.55	-0.42	0.61	-0.89	0.75	0.09
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		1.0	0.78	-0.62	-0.45	-0.8	-0.61	0.71	-0.57	0.01	0.3	0.98
Common Stock Shares Outstanding	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	1.0		0.78	-0.62	-0.45	-0.8	-0.61	0.71	-0.57	0.01	0.3	0.98
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	0.78		-0.79	-0.64	-0.99	-0.79	0.88	-0.76	0.05	0.48	0.83
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	-0.62	-0.79		0.91	0.69	1.0	-0.98	0.99	-0.55	0.12	-0.74
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	-0.45	-0.64	0.91		0.51	0.92	-0.91	0.96	-0.79	0.33	-0.58
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	-0.8	-0.99	0.69	0.51		0.69	-0.79	0.65	0.11	-0.6	-0.82
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	-0.61	-0.79	1.0	0.92	0.69		-0.98	0.99	-0.57	0.13	-0.74
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	0.71	0.88	-0.98	-0.91	-0.79	-0.98		-0.98	0.49	0.0	0.82
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	-0.57	-0.76	0.99	0.96	0.65	0.99	-0.98		-0.64	0.19	-0.7
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	0.01	0.05	-0.55	-0.79	0.11	-0.57	0.49	-0.64		-0.82	0.15
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	0.3	0.48	0.12	0.33	-0.6	0.13	0.0	0.19	-0.82		0.21
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	0.98	0.83	-0.74	-0.58	-0.82	-0.74	0.82	-0.7	0.15	0.21

Click cells to compare fundamentals

YXTCOM GROUP Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for YXTCOM Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

YXTCOM Research Development vs Tax Provision Analysis

Research Development vs Tax Provision

Research Development vs Tax Provision Correlation Analysis

Correlation Coefficient

Research Development

Tax Provision

YXTCOM GROUP fundamental ratios Correlations

YXTCOM GROUP Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for YXTCOM Stock Analysis

COMMON DESTINATIONS

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