YY Cost Of Revenue vs Income Tax Expense Analysis

YY Stock

USD 38.70 3.70 10.57%

YY financial indicator trend analysis is more than just analyzing YY Inc Class current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether YY Inc Class is a good investment. Please check the relationship between YY Cost Of Revenue and its Income Tax Expense accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in YY Inc Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Cost Of Revenue vs Income Tax Expense

Cost Of Revenue vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of YY Inc Class Cost Of Revenue account and Income Tax Expense. At this time, the significance of the direction appears to have strong relationship.

The correlation between YY's Cost Of Revenue and Income Tax Expense is 0.73. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of YY Inc Class, assuming nothing else is changed. The correlation between historical values of YY's Cost Of Revenue and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of YY Inc Class are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Cost Of Revenue i.e., YY's Cost Of Revenue and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.73

Relationship Direction	Positive
Relationship Strength	Significant

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Cost Of Revenue

Cost of Revenue is found on YY Inc Class income statement and represents the costs associated with goods and services YY provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Income Tax Expense

Most indicators from YY's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into YY Inc Class 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 YY Inc Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Selling General Administrative is likely to drop to about 97.6 M in 2024. Tax Provision is likely to drop to about 17.9 M in 2024

	2021	2022	2023	2024 (projected)
Interest Expense	14.5M	12.8M	10.4M	15.5M
Depreciation And Amortization	182.9M	163.4M	124.0M	130.2M

Interest Expense Depreciation And Amortization

YY fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets
Common Stock Shares Outstanding		0.92	0.62	0.7	0.95	0.92	0.58	-0.53	0.89	0.55	0.87	0.89	0.21	0.0	0.95	0.78	0.81	0.89	0.66	0.63	0.93	0.8	0.62	0.94	0.57	0.91
Total Assets	0.92		0.83	0.89	0.94	0.98	0.44	-0.61	0.97	0.73	0.86	0.99	0.32	-0.11	0.94	0.89	0.96	0.84	0.56	0.72	0.91	0.95	0.55	0.94	0.59	0.87
Other Current Liab	0.62	0.83		0.97	0.65	0.77	0.21	-0.49	0.8	0.81	0.62	0.82	0.36	-0.25	0.72	0.79	0.86	0.63	0.26	0.75	0.58	0.94	0.09	0.74	0.32	0.62
Total Current Liabilities	0.7	0.89	0.97		0.72	0.86	0.23	-0.52	0.89	0.9	0.67	0.9	0.42	-0.22	0.76	0.84	0.93	0.69	0.26	0.7	0.65	0.97	0.27	0.77	0.53	0.66
Total Stockholder Equity	0.95	0.94	0.65	0.72		0.92	0.48	-0.63	0.91	0.53	0.93	0.92	0.15	-0.07	0.98	0.81	0.84	0.89	0.65	0.69	0.98	0.81	0.67	0.98	0.58	0.92
Property Plant And Equipment Net	0.92	0.98	0.77	0.86	0.92		0.49	-0.59	0.98	0.75	0.83	0.98	0.41	0.01	0.91	0.87	0.93	0.84	0.52	0.62	0.89	0.91	0.6	0.91	0.66	0.85
Current Deferred Revenue	0.58	0.44	0.21	0.23	0.48	0.49		-0.09	0.35	0.22	0.26	0.38	0.25	0.2	0.53	0.38	0.29	0.55	0.23	0.12	0.54	0.26	0.04	0.52	0.04	0.58
Net Debt	-0.53	-0.61	-0.49	-0.52	-0.63	-0.59	-0.09		-0.69	-0.34	-0.8	-0.59	-0.17	0.37	-0.58	-0.78	-0.47	-0.47	-0.16	-0.38	-0.57	-0.51	-0.5	-0.58	-0.34	-0.46
Retained Earnings	0.89	0.97	0.8	0.89	0.91	0.98	0.35	-0.69		0.78	0.87	0.98	0.37	-0.12	0.89	0.9	0.93	0.81	0.47	0.65	0.85	0.92	0.62	0.89	0.7	0.81
Accounts Payable	0.55	0.73	0.81	0.9	0.53	0.75	0.22	-0.34	0.78		0.43	0.77	0.66	-0.09	0.55	0.74	0.82	0.59	0.01	0.42	0.46	0.81	0.24	0.55	0.63	0.42
Cash	0.87	0.86	0.62	0.67	0.93	0.83	0.26	-0.8	0.87	0.43		0.83	0.07	-0.14	0.9	0.81	0.72	0.76	0.63	0.71	0.88	0.76	0.68	0.9	0.53	0.83
Non Current Assets Total	0.89	0.99	0.82	0.9	0.92	0.98	0.38	-0.59	0.98	0.77	0.83		0.36	-0.1	0.91	0.88	0.98	0.81	0.53	0.69	0.89	0.95	0.59	0.91	0.66	0.83
Non Currrent Assets Other	0.21	0.32	0.36	0.42	0.15	0.41	0.25	-0.17	0.37	0.66	0.07	0.36		0.36	0.14	0.49	0.35	0.26	-0.16	-0.18	0.1	0.34	0.03	0.14	0.24	-0.06
Other Assets	0.0	-0.11	-0.25	-0.22	-0.07	0.01	0.2	0.37	-0.12	-0.09	-0.14	-0.1	0.36		-0.1	-0.25	-0.14	-0.01	0.23	-0.16	-0.07	-0.14	0.01	-0.1	-0.01	-0.06
Cash And Short Term Investments	0.95	0.94	0.72	0.76	0.98	0.91	0.53	-0.58	0.89	0.55	0.9	0.91	0.14	-0.1		0.81	0.84	0.89	0.66	0.75	0.96	0.85	0.53	1.0	0.47	0.94
Net Receivables	0.78	0.89	0.79	0.84	0.81	0.87	0.38	-0.78	0.9	0.74	0.81	0.88	0.49	-0.25	0.81		0.81	0.71	0.31	0.54	0.76	0.84	0.43	0.81	0.49	0.67
Good Will	0.81	0.96	0.86	0.93	0.84	0.93	0.29	-0.47	0.93	0.82	0.72	0.98	0.35	-0.14	0.84	0.81		0.76	0.47	0.69	0.81	0.96	0.51	0.84	0.64	0.76
Common Stock Total Equity	0.89	0.84	0.63	0.69	0.89	0.84	0.55	-0.47	0.81	0.59	0.76	0.81	0.26	-0.01	0.89	0.71	0.76		0.44	0.57	0.87	0.74	0.5	0.89	0.49	0.78
Non Current Liabilities Total	0.66	0.56	0.26	0.26	0.65	0.52	0.23	-0.16	0.47	0.01	0.63	0.53	-0.16	0.23	0.66	0.31	0.47	0.44		0.6	0.68	0.49	0.5	0.65	0.21	0.68
Other Current Assets	0.63	0.72	0.75	0.7	0.69	0.62	0.12	-0.38	0.65	0.42	0.71	0.69	-0.18	-0.16	0.75	0.54	0.69	0.57	0.6		0.66	0.79	0.23	0.77	0.27	0.78
Other Stockholder Equity	0.93	0.91	0.58	0.65	0.98	0.89	0.54	-0.57	0.85	0.46	0.88	0.89	0.1	-0.07	0.96	0.76	0.81	0.87	0.68	0.66		0.76	0.67	0.95	0.52	0.92
Total Liab	0.8	0.95	0.94	0.97	0.81	0.91	0.26	-0.51	0.92	0.81	0.76	0.95	0.34	-0.14	0.85	0.84	0.96	0.74	0.49	0.79	0.76		0.37	0.86	0.53	0.77
Property Plant And Equipment Gross	0.62	0.55	0.09	0.27	0.67	0.6	0.04	-0.5	0.62	0.24	0.68	0.59	0.03	0.01	0.53	0.43	0.51	0.5	0.5	0.23	0.67	0.37		0.51	0.79	0.5
Total Current Assets	0.94	0.94	0.74	0.77	0.98	0.91	0.52	-0.58	0.89	0.55	0.9	0.91	0.14	-0.1	1.0	0.81	0.84	0.89	0.65	0.77	0.95	0.86	0.51		0.46	0.94
Short Term Debt	0.57	0.59	0.32	0.53	0.58	0.66	0.04	-0.34	0.7	0.63	0.53	0.66	0.24	-0.01	0.47	0.49	0.64	0.49	0.21	0.27	0.52	0.53	0.79	0.46		0.48
Intangible Assets	0.91	0.87	0.62	0.66	0.92	0.85	0.58	-0.46	0.81	0.42	0.83	0.83	-0.06	-0.06	0.94	0.67	0.76	0.78	0.68	0.78	0.92	0.77	0.5	0.94	0.48

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YY Account Relationship Matchups

YY fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	77.2M	80.0M	78.1M	73.6M	73.1M	69.0M
Total Assets	7.5B	8.1B	9.1B	9.1B	8.5B	8.9B
Other Current Liab	764.2M	(49.1M)	2.4B	2.4B	2.2B	2.3B
Total Current Liabilities	1.1B	942.9M	2.5B	3.1B	3.1B	3.2B
Total Stockholder Equity	4.7B	6.2B	5.5B	5.2B	5.2B	2.6B
Property Plant And Equipment Net	361.9M	422.7M	382.0M	376.4M	420.9M	441.9M
Current Deferred Revenue	213.4M	67.9M	64.3M	89.5M	79.7M	85.3M
Net Debt	278.8M	(827.5M)	(896.3M)	(306.9M)	(575.4M)	(546.7M)
Retained Earnings	1.5B	3.0B	2.7B	2.7B	2.9B	3.1B
Accounts Payable	17.8M	21.0M	18.0M	56M	66.8M	70.1M
Cash	556.5M	1.7B	1.8B	1.2B	1.1B	657.5M
Non Current Assets Total	3.3B	4.2B	4.0B	4.4B	4.4B	4.6B
Non Currrent Assets Other	74.8M	36.2M	4.9M	12.6M	332.8M	349.5M
Other Assets	651.0M	365.2M	4.9M	12.6M	14.5M	13.8M
Cash And Short Term Investments	3.8B	3.6B	4.4B	3.9B	3.7B	2.0B
Net Receivables	126.4M	212.8M	273.8M	230.4M	291.7M	306.3M
Good Will	1.9B	1.9B	2.0B	2.6B	2.6B	2.8B
Liabilities And Stockholders Equity	7.5B	8.1B	9.1B	9.1B	8.5B	8.9B
Non Current Liabilities Total	812.9M	836.2M	979.8M	497.2M	107.4M	102.1M
Other Current Assets	138.8M	131.6M	408.6M	476.6M	93.1M	116.8M
Other Stockholder Equity	3.1B	3.3B	2.7B	2.6B	2.4B	1.5B
Total Liab	1.9B	1.8B	3.5B	3.6B	3.2B	3.4B
Property Plant And Equipment Gross	361.9M	2.8B	382.0M	376.4M	735.5M	469.6M
Total Current Assets	4.1B	3.9B	5.1B	4.6B	4.1B	2.3B
Accumulated Other Comprehensive Income	148.7M	(113.4M)	96.0M	(129.7M)	(159.3M)	(151.3M)
Short Term Debt	96.2M	842.2M	11.0M	484.8M	470.1M	493.6M
Intangible Assets	702.7M	602.2M	682.1M	728.3M	333.7M	309.8M
Common Stock	11.6K	14.9K	15.6K	16K	12K	13.3K
Property Plant Equipment	2.5B	2.8B	382.0M	376.4M	432.9M	857.1M
Other Liab	982.7M	799.9M	115.8M	165.4M	190.2M	300.1M
Short Term Investments	3.2B	1.8B	2.6B	2.7B	2.2B	1.4B
Inventory	94.0M	97.6M	297.3M	351.1M	2.1M	2.0M
Net Tangible Assets	15.2B	24.5B	2.9B	1.8B	2.1B	2.0B
Long Term Debt	5.0B	5.1B	924.1M	401.2M	461.3M	438.3M
Long Term Investments	2.4B	8.1B	1.0B	660.4M	544.5M	517.3M
Short Long Term Debt	6.9M	557.2M	734.4M	472.4M	457.7M	838.5M
Short Long Term Debt Total	5.1B	913.1M	940.9M	907.6M	488.5M	954.6M

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YY Cost Of Revenue vs Income Tax Expense Analysis

Cost Of Revenue vs Income Tax Expense

Cost Of Revenue vs Income Tax Expense Correlation Analysis

Correlation Coefficient

Cost Of Revenue

Income Tax Expense

YY fundamental ratios Correlations

YY Account Relationship Matchups

High Positive Relationship

High Negative Relationship

YY fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Total Current Assets	+ 1.0	Cash And Short Term Investments
Non Current Assets Total	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.98	Total Assets
Cash And Short Term Investments	+ 0.98	Total Stockholder Equity
Other Stockholder Equity	+ 0.98	Total Stockholder Equity
Total Current Assets	+ 0.98	Total Stockholder Equity

Cash	- 0.8	Net Debt
Net Receivables	- 0.78	Net Debt
Retained Earnings	- 0.69	Net Debt
Net Debt	- 0.63	Total Stockholder Equity
Net Debt	- 0.61	Total Assets
Non Current Assets Total	- 0.59	Net Debt