Yes Total Stockholder Equity vs Other Assets 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 Total Stockholder Equity and its Other Assets 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.

Total Stockholder Equity vs Other Assets

Total Stockholder Equity vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yes Optoelectronics Total Stockholder Equity account and Other Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between Yes Optoelectronics' Total Stockholder Equity and Other Assets is 0.06. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Other Assets 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' Total Stockholder Equity and Other Assets 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 Stockholder Equity of Yes Optoelectronics Co are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Total Stockholder Equity i.e., Yes Optoelectronics' Total Stockholder Equity and Other Assets go up and down completely randomly.

Correlation Coefficient

0.06
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Other Assets

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 Profit87.7M181.5M117.6M140.7M
Total Revenue610.4M884.7M664.1M617.0M

Yes Optoelectronics fundamental ratios Correlations

0.110.490.870.990.890.930.790.46-0.630.960.870.640.79-0.150.040.660.860.890.80.830.960.891.0-0.220.96
0.11-0.040.130.1-0.110.320.40.410.220.020.07-0.180.340.46-0.59-0.18-0.02-0.140.370.130.10.110.10.770.23
0.49-0.040.660.430.260.310.29-0.24-0.370.50.70.370.310.27-0.160.380.670.320.470.210.340.650.48-0.050.4
0.870.130.660.810.70.780.820.48-0.560.860.990.570.820.1-0.070.60.950.710.910.460.711.00.83-0.220.84
0.990.10.430.810.90.930.750.44-0.620.950.810.630.75-0.20.060.650.810.90.750.880.980.841.0-0.210.95
0.89-0.110.260.70.90.860.740.48-0.750.920.710.750.75-0.570.110.770.680.990.660.740.850.740.88-0.50.83
0.930.320.310.780.930.860.910.66-0.570.890.770.580.9-0.19-0.030.60.750.860.870.80.910.80.93-0.170.91
0.790.40.290.820.750.740.910.81-0.480.770.790.51.0-0.13-0.10.520.710.730.960.490.680.830.75-0.210.79
0.460.41-0.240.480.440.480.660.81-0.160.410.390.180.8-0.11-0.020.20.390.450.720.260.390.480.41-0.170.54
-0.630.22-0.37-0.56-0.62-0.75-0.57-0.48-0.16-0.8-0.63-1.0-0.490.460.07-1.0-0.57-0.77-0.44-0.37-0.51-0.59-0.630.47-0.5
0.960.020.50.860.950.920.890.770.41-0.80.880.810.78-0.28-0.020.830.840.920.770.730.880.880.95-0.330.88
0.870.070.70.990.810.710.770.790.39-0.630.880.640.80.06-0.050.660.960.730.880.470.710.990.84-0.260.8
0.64-0.180.370.570.630.750.580.50.18-1.00.810.640.51-0.44-0.11.00.570.770.460.380.520.60.64-0.440.52
0.790.340.310.820.750.750.91.00.8-0.490.780.80.51-0.16-0.060.530.720.740.960.480.670.830.74-0.270.78
-0.150.460.270.1-0.2-0.57-0.19-0.13-0.110.46-0.280.06-0.44-0.16-0.27-0.430.13-0.550.08-0.24-0.210.05-0.150.67-0.07
0.04-0.59-0.16-0.070.060.11-0.03-0.1-0.020.07-0.02-0.05-0.1-0.06-0.27-0.090.020.12-0.090.110.14-0.060.04-0.580.01
0.66-0.180.380.60.650.770.60.520.2-1.00.830.661.00.53-0.43-0.090.60.780.490.40.540.630.66-0.440.54
0.86-0.020.670.950.810.680.750.710.39-0.570.840.960.570.720.130.020.60.710.830.510.730.950.85-0.30.79
0.89-0.140.320.710.90.990.860.730.45-0.770.920.730.770.74-0.550.120.780.710.670.740.860.750.89-0.530.82
0.80.370.470.910.750.660.870.960.72-0.440.770.880.460.960.08-0.090.490.830.670.450.670.910.76-0.170.8
0.830.130.210.460.880.740.80.490.26-0.370.730.470.380.48-0.240.110.40.510.740.450.950.490.86-0.030.8
0.960.10.340.710.980.850.910.680.39-0.510.880.710.520.67-0.210.140.540.730.860.670.950.730.97-0.170.92
0.890.110.651.00.840.740.80.830.48-0.590.880.990.60.830.05-0.060.630.950.750.910.490.730.86-0.250.85
1.00.10.480.831.00.880.930.750.41-0.630.950.840.640.74-0.150.040.660.850.890.760.860.970.86-0.20.95
-0.220.77-0.05-0.22-0.21-0.5-0.17-0.21-0.170.47-0.33-0.26-0.44-0.270.67-0.58-0.44-0.3-0.53-0.17-0.03-0.17-0.25-0.2-0.09
0.960.230.40.840.950.830.910.790.54-0.50.880.80.520.78-0.070.010.540.790.820.80.80.920.850.95-0.09
Click cells to compare fundamentals

Yes Optoelectronics Account Relationship Matchups

Yes Optoelectronics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets917.3M988.6M1.1B1.3B1.1B719.9M
Short Long Term Debt Total3.1M4.4M512.8K3.6M7.9M8.3M
Other Current Liab1.3M15.8M86.9K55.4M197.3K187.4K
Total Current Liabilities101.7M126.0M195.0M301.4M229.9M150.9M
Total Stockholder Equity793.1M836.7M833.3M906.0M862.3M541.8M
Other Liab22.4M26.0M24.0M22.6M26.0M21.6M
Net Tangible Assets776.6M820.6M817.6M890.6M1.0B1.1B
Property Plant And Equipment Net71.6M99.0M135.2M195.1M249.3M261.7M
Current Deferred Revenue2.0M2.0M45.3M4.7M63.0M66.1M
Net Debt(54.6M)(141.4M)(100.7M)(123.0M)(83.0M)(87.2M)
Retained Earnings222.8M258.0M250.0M334.5M289.1M193.5M
Accounts Payable95.3M104.4M149.3M238.8M162.7M123.6M
Cash57.7M145.8M101.2M126.6M90.9M94.1M
Non Current Assets Total96.4M120.5M166.0M231.3M278.6M292.5M
Non Currrent Assets Other2.0M576.7K11.4M19.4M6.0M6.6M
Cash And Short Term Investments57.7M145.8M109.2M132.6M96.4M96.1M
Net Receivables107.2M107.6M212.5M272.8M146.5M131.0M
Liabilities And Stockholders Equity917.3M988.6M1.1B1.3B1.1B719.9M
Non Current Liabilities Total22.4M26.0M24.2M23.7M24.1M22.1M
Inventory85.1M118.0M227.2M369.2M326.8M343.2M
Other Current Assets571.0M496.8M337.7M251.4M290.6M205.8M
Other Stockholder Equity418.3M363.5M363.5M340.7M339.0M209.5M
Total Liab124.2M152.0M219.2M325.1M254.0M173.1M
Total Current Assets820.9M868.2M886.5M1.0B860.3M584.4M
Short Term Debt3.1M3.8M343.3K2.5M4.1M2.4M
Property Plant Equipment71.6M99.0M135.2M195.1M224.3M235.5M
Deferred Long Term Liab5.7M4.4M2.8M1.5M1.3M1.2M
Intangible Assets16.5M16.1M15.7M15.4M16.8M13.4M
Net Invested Capital793.1M836.7M833.3M906.0M862.3M757.3M
Net Working Capital719.2M742.2M691.5M724.7M630.4M622.1M

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Other Information on Investing in Yes Stock

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.