Yes Cash vs Net Debt Analysis

002952 Stock

25.77 1.45 5.33%

Yes Optoelectronics financial indicator trend analysis is more than just analyzing Yes Optoelectronics current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yes Optoelectronics is a good investment. Please check the relationship between Yes Optoelectronics Cash and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Yes Optoelectronics Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Cash vs Net Debt

Cash vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yes Optoelectronics Cash account and Net Debt. At this time, the significance of the direction appears to have pay attention.

The correlation between Yes Optoelectronics' Cash and Net Debt is -1.0. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Debt in the same time period over historical financial statements of Yes Optoelectronics Co, assuming nothing else is changed. The correlation between historical values of Yes Optoelectronics' Cash and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Yes Optoelectronics Co are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Cash i.e., Yes Optoelectronics' Cash and Net Debt go up and down completely randomly.

Correlation Coefficient

-1.0

Relationship Direction	Negative
Relationship Strength	Strong

View All Relationships

Cash

Cash refers to the most liquid asset of Yes Optoelectronics, which is listed under current asset account on Yes Optoelectronics Co balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Yes Optoelectronics customers. The amounts must be unrestricted with restricted cash listed in a different Yes Optoelectronics account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Yes Optoelectronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yes Optoelectronics 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Yes Optoelectronics Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

As of December 22, 2024, Tax Provision is expected to decline to about 2.9 M. In addition to that, Selling General Administrative is expected to decline to about 18.4 M

	2021	2022	2023	2024 (projected)
Gross Profit	87.7M	181.5M	117.6M	140.7M
Total Revenue	610.4M	884.7M	664.1M	617.0M

Gross Profit Total Revenue

Yes Optoelectronics fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	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	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock
Total Assets		0.11	0.49	0.87	0.99	0.89	0.93	0.79	0.46	-0.63	0.96	0.87	0.64	0.79	-0.15	0.04	0.66	0.86	0.89	0.8	0.83	0.96	0.89	1.0	-0.22	0.96
Short Long Term Debt Total	0.11		-0.04	0.13	0.1	-0.11	0.32	0.4	0.41	0.22	0.02	0.07	-0.18	0.34	0.46	-0.59	-0.18	-0.02	-0.14	0.37	0.13	0.1	0.11	0.1	0.77	0.23
Other Current Liab	0.49	-0.04		0.66	0.43	0.26	0.31	0.29	-0.24	-0.37	0.5	0.7	0.37	0.31	0.27	-0.16	0.38	0.67	0.32	0.47	0.21	0.34	0.65	0.48	-0.05	0.4
Total Current Liabilities	0.87	0.13	0.66		0.81	0.7	0.78	0.82	0.48	-0.56	0.86	0.99	0.57	0.82	0.1	-0.07	0.6	0.95	0.71	0.91	0.46	0.71	1.0	0.83	-0.22	0.84
Total Stockholder Equity	0.99	0.1	0.43	0.81		0.9	0.93	0.75	0.44	-0.62	0.95	0.81	0.63	0.75	-0.2	0.06	0.65	0.81	0.9	0.75	0.88	0.98	0.84	1.0	-0.21	0.95
Other Liab	0.89	-0.11	0.26	0.7	0.9		0.86	0.74	0.48	-0.75	0.92	0.71	0.75	0.75	-0.57	0.11	0.77	0.68	0.99	0.66	0.74	0.85	0.74	0.88	-0.5	0.83
Net Tangible Assets	0.93	0.32	0.31	0.78	0.93	0.86		0.91	0.66	-0.57	0.89	0.77	0.58	0.9	-0.19	-0.03	0.6	0.75	0.86	0.87	0.8	0.91	0.8	0.93	-0.17	0.91
Property Plant And Equipment Net	0.79	0.4	0.29	0.82	0.75	0.74	0.91		0.81	-0.48	0.77	0.79	0.5	1.0	-0.13	-0.1	0.52	0.71	0.73	0.96	0.49	0.68	0.83	0.75	-0.21	0.79
Current Deferred Revenue	0.46	0.41	-0.24	0.48	0.44	0.48	0.66	0.81		-0.16	0.41	0.39	0.18	0.8	-0.11	-0.02	0.2	0.39	0.45	0.72	0.26	0.39	0.48	0.41	-0.17	0.54
Net Debt	-0.63	0.22	-0.37	-0.56	-0.62	-0.75	-0.57	-0.48	-0.16		-0.8	-0.63	-1.0	-0.49	0.46	0.07	-1.0	-0.57	-0.77	-0.44	-0.37	-0.51	-0.59	-0.63	0.47	-0.5
Retained Earnings	0.96	0.02	0.5	0.86	0.95	0.92	0.89	0.77	0.41	-0.8		0.88	0.81	0.78	-0.28	-0.02	0.83	0.84	0.92	0.77	0.73	0.88	0.88	0.95	-0.33	0.88
Accounts Payable	0.87	0.07	0.7	0.99	0.81	0.71	0.77	0.79	0.39	-0.63	0.88		0.64	0.8	0.06	-0.05	0.66	0.96	0.73	0.88	0.47	0.71	0.99	0.84	-0.26	0.8
Cash	0.64	-0.18	0.37	0.57	0.63	0.75	0.58	0.5	0.18	-1.0	0.81	0.64		0.51	-0.44	-0.1	1.0	0.57	0.77	0.46	0.38	0.52	0.6	0.64	-0.44	0.52
Non Current Assets Total	0.79	0.34	0.31	0.82	0.75	0.75	0.9	1.0	0.8	-0.49	0.78	0.8	0.51		-0.16	-0.06	0.53	0.72	0.74	0.96	0.48	0.67	0.83	0.74	-0.27	0.78
Non Currrent Assets Other	-0.15	0.46	0.27	0.1	-0.2	-0.57	-0.19	-0.13	-0.11	0.46	-0.28	0.06	-0.44	-0.16		-0.27	-0.43	0.13	-0.55	0.08	-0.24	-0.21	0.05	-0.15	0.67	-0.07
Other Assets	0.04	-0.59	-0.16	-0.07	0.06	0.11	-0.03	-0.1	-0.02	0.07	-0.02	-0.05	-0.1	-0.06	-0.27		-0.09	0.02	0.12	-0.09	0.11	0.14	-0.06	0.04	-0.58	0.01
Cash And Short Term Investments	0.66	-0.18	0.38	0.6	0.65	0.77	0.6	0.52	0.2	-1.0	0.83	0.66	1.0	0.53	-0.43	-0.09		0.6	0.78	0.49	0.4	0.54	0.63	0.66	-0.44	0.54
Net Receivables	0.86	-0.02	0.67	0.95	0.81	0.68	0.75	0.71	0.39	-0.57	0.84	0.96	0.57	0.72	0.13	0.02	0.6		0.71	0.83	0.51	0.73	0.95	0.85	-0.3	0.79
Non Current Liabilities Total	0.89	-0.14	0.32	0.71	0.9	0.99	0.86	0.73	0.45	-0.77	0.92	0.73	0.77	0.74	-0.55	0.12	0.78	0.71		0.67	0.74	0.86	0.75	0.89	-0.53	0.82
Inventory	0.8	0.37	0.47	0.91	0.75	0.66	0.87	0.96	0.72	-0.44	0.77	0.88	0.46	0.96	0.08	-0.09	0.49	0.83	0.67		0.45	0.67	0.91	0.76	-0.17	0.8
Other Current Assets	0.83	0.13	0.21	0.46	0.88	0.74	0.8	0.49	0.26	-0.37	0.73	0.47	0.38	0.48	-0.24	0.11	0.4	0.51	0.74	0.45		0.95	0.49	0.86	-0.03	0.8
Other Stockholder Equity	0.96	0.1	0.34	0.71	0.98	0.85	0.91	0.68	0.39	-0.51	0.88	0.71	0.52	0.67	-0.21	0.14	0.54	0.73	0.86	0.67	0.95		0.73	0.97	-0.17	0.92
Total Liab	0.89	0.11	0.65	1.0	0.84	0.74	0.8	0.83	0.48	-0.59	0.88	0.99	0.6	0.83	0.05	-0.06	0.63	0.95	0.75	0.91	0.49	0.73		0.86	-0.25	0.85
Total Current Assets	1.0	0.1	0.48	0.83	1.0	0.88	0.93	0.75	0.41	-0.63	0.95	0.84	0.64	0.74	-0.15	0.04	0.66	0.85	0.89	0.76	0.86	0.97	0.86		-0.2	0.95
Short Term Debt	-0.22	0.77	-0.05	-0.22	-0.21	-0.5	-0.17	-0.21	-0.17	0.47	-0.33	-0.26	-0.44	-0.27	0.67	-0.58	-0.44	-0.3	-0.53	-0.17	-0.03	-0.17	-0.25	-0.2		-0.09
Common Stock	0.96	0.23	0.4	0.84	0.95	0.83	0.91	0.79	0.54	-0.5	0.88	0.8	0.52	0.78	-0.07	0.01	0.54	0.79	0.82	0.8	0.8	0.92	0.85	0.95	-0.09

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Yes Optoelectronics Account Relationship Matchups

Yes Optoelectronics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	917.3M	988.6M	1.1B	1.3B	1.1B	719.9M
Short Long Term Debt Total	3.1M	4.4M	512.8K	3.6M	7.9M	8.3M
Other Current Liab	1.3M	15.8M	86.9K	55.4M	197.3K	187.4K
Total Current Liabilities	101.7M	126.0M	195.0M	301.4M	229.9M	150.9M
Total Stockholder Equity	793.1M	836.7M	833.3M	906.0M	862.3M	541.8M
Other Liab	22.4M	26.0M	24.0M	22.6M	26.0M	21.6M
Net Tangible Assets	776.6M	820.6M	817.6M	890.6M	1.0B	1.1B
Property Plant And Equipment Net	71.6M	99.0M	135.2M	195.1M	249.3M	261.7M
Current Deferred Revenue	2.0M	2.0M	45.3M	4.7M	63.0M	66.1M
Net Debt	(54.6M)	(141.4M)	(100.7M)	(123.0M)	(83.0M)	(87.2M)
Retained Earnings	222.8M	258.0M	250.0M	334.5M	289.1M	193.5M
Accounts Payable	95.3M	104.4M	149.3M	238.8M	162.7M	123.6M
Cash	57.7M	145.8M	101.2M	126.6M	90.9M	94.1M
Non Current Assets Total	96.4M	120.5M	166.0M	231.3M	278.6M	292.5M
Non Currrent Assets Other	2.0M	576.7K	11.4M	19.4M	6.0M	6.6M
Cash And Short Term Investments	57.7M	145.8M	109.2M	132.6M	96.4M	96.1M
Net Receivables	107.2M	107.6M	212.5M	272.8M	146.5M	131.0M
Liabilities And Stockholders Equity	917.3M	988.6M	1.1B	1.3B	1.1B	719.9M
Non Current Liabilities Total	22.4M	26.0M	24.2M	23.7M	24.1M	22.1M
Inventory	85.1M	118.0M	227.2M	369.2M	326.8M	343.2M
Other Current Assets	571.0M	496.8M	337.7M	251.4M	290.6M	205.8M
Other Stockholder Equity	418.3M	363.5M	363.5M	340.7M	339.0M	209.5M
Total Liab	124.2M	152.0M	219.2M	325.1M	254.0M	173.1M
Total Current Assets	820.9M	868.2M	886.5M	1.0B	860.3M	584.4M
Short Term Debt	3.1M	3.8M	343.3K	2.5M	4.1M	2.4M
Property Plant Equipment	71.6M	99.0M	135.2M	195.1M	224.3M	235.5M
Deferred Long Term Liab	5.7M	4.4M	2.8M	1.5M	1.3M	1.2M
Intangible Assets	16.5M	16.1M	15.7M	15.4M	16.8M	13.4M
Net Invested Capital	793.1M	836.7M	833.3M	906.0M	862.3M	757.3M
Net Working Capital	719.2M	742.2M	691.5M	724.7M	630.4M	622.1M

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Balance Sheet is a snapshot of the financial position of Yes Optoelectronics at a specified time, usually calculated after every quarter, six months, or one year. Yes Optoelectronics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Yes Optoelectronics and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Yes currently owns. An asset can also be divided into two categories, current and non-current.

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Yes Cash vs Net Debt Analysis

Cash vs Net Debt

Cash vs Net Debt Correlation Analysis

Correlation Coefficient

Cash

Net Debt

Yes Optoelectronics fundamental ratios Correlations

Yes Optoelectronics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Yes Optoelectronics fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

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

Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Retained Earnings	- 0.8	Net Debt
Non Current Liabilities Total	- 0.77	Net Debt
Net Debt	- 0.75	Other Liab
Total Current Assets	- 0.63	Net Debt