YYGH Other Stockholder Equity vs Short Term Investments Analysis
YYGH Stock | 1.92 0.07 3.78% |
YY Group financial indicator trend analysis is more than just analyzing YY Group Holding current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether YY Group Holding is a good investment. Please check the relationship between YY Group Other Stockholder Equity and its Short Term Investments accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in YY 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 price.
Other Stockholder Equity vs Short Term Investments
Other Stockholder Equity vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of YY Group Holding Other Stockholder Equity account and Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between YY Group's Other Stockholder Equity and Short Term Investments is 0.72. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of YY Group Holding, assuming nothing else is changed. The correlation between historical values of YY Group's Other Stockholder Equity and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of YY Group Holding are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Other Stockholder Equity i.e., YY Group's Other Stockholder Equity and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Stockholder Equity
Short Term Investments
Short Term Investments is an item under the current assets section of YY Group balance sheet. It contains any investments YY Group Holding undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that YY Group Holding can easily liquidate in the marketplace.Most indicators from YY Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into YY 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 YY 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 price. As of now, YY Group's Sales General And Administrative To Revenue is decreasing as compared to previous years. The YY Group's current Enterprise Value Over EBITDA is estimated to increase to 96.03, while Tax Provision is projected to decrease to under 129 K.
2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 65.0K | 117.1K | 328.6K | 187.3K | Depreciation And Amortization | 398.8K | 340.6K | 288.6K | 274.1K |
YY Group fundamental ratios Correlations
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YY Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When determining whether YY Group Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of YY Group's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Yy Group Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Yy Group Holding Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in YY 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 price. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of YY Group. If investors know YYGH will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about YY Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.04 | Revenue Per Share 0.984 | Quarterly Revenue Growth 0.41 | Return On Assets 0.0569 | Return On Equity 0.3727 |
The market value of YY Group Holding is measured differently than its book value, which is the value of YYGH that is recorded on the company's balance sheet. Investors also form their own opinion of YY Group's value that differs from its market value or its book value, called intrinsic value, which is YY Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because YY Group's market value can be influenced by many factors that don't directly affect YY Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between YY Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if YY Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, YY Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.