YY Reconciled Depreciation vs Total Operating Expenses 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 Reconciled Depreciation and its Total Operating Expenses 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.

Reconciled Depreciation vs Total Operating Expenses

Reconciled Depreciation vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of YY Inc Class Reconciled Depreciation account and Total Operating Expenses. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between YY's Reconciled Depreciation and Total Operating Expenses is 0.56. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Total Operating Expenses 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 Reconciled Depreciation and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of YY Inc Class are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Reconciled Depreciation i.e., YY's Reconciled Depreciation and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Reconciled Depreciation

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
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 Expense14.5M12.8M10.4M15.5M
Depreciation And Amortization182.9M163.4M124.0M130.2M

YY fundamental ratios Correlations

0.920.620.70.950.920.58-0.530.890.550.870.890.210.00.950.780.810.890.660.630.930.80.620.940.570.91
0.920.830.890.940.980.44-0.610.970.730.860.990.32-0.110.940.890.960.840.560.720.910.950.550.940.590.87
0.620.830.970.650.770.21-0.490.80.810.620.820.36-0.250.720.790.860.630.260.750.580.940.090.740.320.62
0.70.890.970.720.860.23-0.520.890.90.670.90.42-0.220.760.840.930.690.260.70.650.970.270.770.530.66
0.950.940.650.720.920.48-0.630.910.530.930.920.15-0.070.980.810.840.890.650.690.980.810.670.980.580.92
0.920.980.770.860.920.49-0.590.980.750.830.980.410.010.910.870.930.840.520.620.890.910.60.910.660.85
0.580.440.210.230.480.49-0.090.350.220.260.380.250.20.530.380.290.550.230.120.540.260.040.520.040.58
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0.890.970.80.890.910.980.35-0.690.780.870.980.37-0.120.890.90.930.810.470.650.850.920.620.890.70.81
0.550.730.810.90.530.750.22-0.340.780.430.770.66-0.090.550.740.820.590.010.420.460.810.240.550.630.42
0.870.860.620.670.930.830.26-0.80.870.430.830.07-0.140.90.810.720.760.630.710.880.760.680.90.530.83
0.890.990.820.90.920.980.38-0.590.980.770.830.36-0.10.910.880.980.810.530.690.890.950.590.910.660.83
0.210.320.360.420.150.410.25-0.170.370.660.070.360.360.140.490.350.26-0.16-0.180.10.340.030.140.24-0.06
0.0-0.11-0.25-0.22-0.070.010.20.37-0.12-0.09-0.14-0.10.36-0.1-0.25-0.14-0.010.23-0.16-0.07-0.140.01-0.1-0.01-0.06
0.950.940.720.760.980.910.53-0.580.890.550.90.910.14-0.10.810.840.890.660.750.960.850.531.00.470.94
0.780.890.790.840.810.870.38-0.780.90.740.810.880.49-0.250.810.810.710.310.540.760.840.430.810.490.67
0.810.960.860.930.840.930.29-0.470.930.820.720.980.35-0.140.840.810.760.470.690.810.960.510.840.640.76
0.890.840.630.690.890.840.55-0.470.810.590.760.810.26-0.010.890.710.760.440.570.870.740.50.890.490.78
0.660.560.260.260.650.520.23-0.160.470.010.630.53-0.160.230.660.310.470.440.60.680.490.50.650.210.68
0.630.720.750.70.690.620.12-0.380.650.420.710.69-0.18-0.160.750.540.690.570.60.660.790.230.770.270.78
0.930.910.580.650.980.890.54-0.570.850.460.880.890.1-0.070.960.760.810.870.680.660.760.670.950.520.92
0.80.950.940.970.810.910.26-0.510.920.810.760.950.34-0.140.850.840.960.740.490.790.760.370.860.530.77
0.620.550.090.270.670.60.04-0.50.620.240.680.590.030.010.530.430.510.50.50.230.670.370.510.790.5
0.940.940.740.770.980.910.52-0.580.890.550.90.910.14-0.11.00.810.840.890.650.770.950.860.510.460.94
0.570.590.320.530.580.660.04-0.340.70.630.530.660.24-0.010.470.490.640.490.210.270.520.530.790.460.48
0.910.870.620.660.920.850.58-0.460.810.420.830.83-0.06-0.060.940.670.760.780.680.780.920.770.50.940.48
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YY Account Relationship Matchups

YY fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding77.2M80.0M78.1M73.6M73.1M69.0M
Total Assets7.5B8.1B9.1B9.1B8.5B8.9B
Other Current Liab764.2M(49.1M)2.4B2.4B2.2B2.3B
Total Current Liabilities1.1B942.9M2.5B3.1B3.1B3.2B
Total Stockholder Equity4.7B6.2B5.5B5.2B5.2B2.6B
Property Plant And Equipment Net361.9M422.7M382.0M376.4M420.9M441.9M
Current Deferred Revenue213.4M67.9M64.3M89.5M79.7M85.3M
Net Debt278.8M(827.5M)(896.3M)(306.9M)(575.4M)(546.7M)
Retained Earnings1.5B3.0B2.7B2.7B2.9B3.1B
Accounts Payable17.8M21.0M18.0M56M66.8M70.1M
Cash556.5M1.7B1.8B1.2B1.1B657.5M
Non Current Assets Total3.3B4.2B4.0B4.4B4.4B4.6B
Non Currrent Assets Other74.8M36.2M4.9M12.6M332.8M349.5M
Other Assets651.0M365.2M4.9M12.6M14.5M13.8M
Cash And Short Term Investments3.8B3.6B4.4B3.9B3.7B2.0B
Net Receivables126.4M212.8M273.8M230.4M291.7M306.3M
Good Will1.9B1.9B2.0B2.6B2.6B2.8B
Liabilities And Stockholders Equity7.5B8.1B9.1B9.1B8.5B8.9B
Non Current Liabilities Total812.9M836.2M979.8M497.2M107.4M102.1M
Other Current Assets138.8M131.6M408.6M476.6M93.1M116.8M
Other Stockholder Equity3.1B3.3B2.7B2.6B2.4B1.5B
Total Liab1.9B1.8B3.5B3.6B3.2B3.4B
Property Plant And Equipment Gross361.9M2.8B382.0M376.4M735.5M469.6M
Total Current Assets4.1B3.9B5.1B4.6B4.1B2.3B
Accumulated Other Comprehensive Income148.7M(113.4M)96.0M(129.7M)(159.3M)(151.3M)
Short Term Debt96.2M842.2M11.0M484.8M470.1M493.6M
Intangible Assets702.7M602.2M682.1M728.3M333.7M309.8M
Common Stock11.6K14.9K15.6K16K12K13.3K
Property Plant Equipment2.5B2.8B382.0M376.4M432.9M857.1M
Other Liab982.7M799.9M115.8M165.4M190.2M300.1M
Short Term Investments3.2B1.8B2.6B2.7B2.2B1.4B
Inventory94.0M97.6M297.3M351.1M2.1M2.0M
Net Tangible Assets15.2B24.5B2.9B1.8B2.1B2.0B
Long Term Debt5.0B5.1B924.1M401.2M461.3M438.3M
Long Term Investments2.4B8.1B1.0B660.4M544.5M517.3M
Short Long Term Debt6.9M557.2M734.4M472.4M457.7M838.5M
Short Long Term Debt Total5.1B913.1M940.9M907.6M488.5M954.6M

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