YXTCOM Total Current Assets vs Deferred Long Term Liab Analysis
YXT Stock | 2.05 0.05 2.38% |
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 Total Current Assets and its Deferred Long Term Liab 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.
Total Current Assets vs Deferred Long Term Liab
Total Current Assets vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of YXTCOM GROUP HOLDING Total Current Assets account and Deferred Long Term Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between YXTCOM GROUP's Total Current Assets and Deferred Long Term Liab is -0.39. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Deferred Long Term Liab 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 Total Current Assets and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of YXTCOM GROUP HOLDING are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Total Current Assets i.e., YXTCOM GROUP's Total Current Assets and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | -0.39 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.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
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High Negative Relationship
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