YY Total Current Liabilities vs Property Plant And Equipment Gross Analysis

YY Stock  USD 36.03  0.09  0.25%   
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 Total Current Liabilities and its Property Plant And Equipment Gross 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.

Total Current Liabilities vs Property Plant And Equipment Gross

Total Current Liabilities vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of YY Inc Class Total Current Liabilities account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have very week relationship.
The correlation between YY's Total Current Liabilities and Property Plant And Equipment Gross is 0.27. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Property Plant And Equipment Gross 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 Total Current Liabilities and Property Plant And Equipment Gross 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 Liabilities of YY Inc Class are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Total Current Liabilities i.e., YY's Total Current Liabilities and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Current Liabilities

Total Current Liabilities is an item on YY balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of YY Inc Class are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Property Plant And Equipment Gross

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 Amortization182.9M163.4M132.5M139.1M

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
0.950.940.650.720.920.48-0.630.910.530.930.920.15-0.070.980.80.840.890.650.690.980.820.670.980.580.92
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
-0.53-0.61-0.49-0.52-0.63-0.59-0.09-0.69-0.34-0.8-0.59-0.170.37-0.58-0.78-0.47-0.47-0.16-0.38-0.57-0.51-0.5-0.58-0.34-0.46
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
0.780.890.790.840.80.870.38-0.780.90.740.810.880.49-0.250.810.810.710.310.540.760.840.430.810.490.67
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
0.80.950.940.970.820.910.26-0.510.920.810.760.950.34-0.140.850.840.960.740.490.790.760.370.860.530.77
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 Receivables126.4M212.8M273.8M230.4M293.9M308.6M
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 Liab1.9B1.8B3.5B3.6B3.2B3.3B
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 Investments3.2B1.8B2.6B2.7B2.3B1.4B
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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