Youngy Long Term Investments vs Other Current Assets Analysis

300247 Stock   3.51  0.07  1.96%   
Youngy Health financial indicator trend analysis is more than just analyzing Youngy Health current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Youngy Health is a good investment. Please check the relationship between Youngy Health Long Term Investments and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Youngy Health 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.

Long Term Investments vs Other Current Assets

Long Term Investments vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Youngy Health Long Term Investments account and Other Current Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Youngy Health's Long Term Investments and Other Current Assets is 0.36. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Youngy Health Co, assuming nothing else is changed. The correlation between historical values of Youngy Health's Long Term Investments and Other Current 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 Long Term Investments of Youngy Health Co are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Long Term Investments i.e., Youngy Health's Long Term Investments and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Long Term Investments

Long Term Investments is an item on the asset side of Youngy Health balance sheet that represents investments Youngy Health intends to hold for over a year. Youngy Health Co long term investments may include different instruments such as stocks, bonds, real estate and cash.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Youngy Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Youngy Health 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 Youngy Health 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.
The current year's Selling General Administrative is expected to grow to about 82.8 M, whereas Tax Provision is forecasted to decline to about 8.3 M.
 2022 2023 2024 2025 (projected)
Gross Profit111.3M174.0M156.6M148.7M
Research Development11.0M9.1M8.2M7.7M

Youngy Health fundamental ratios Correlations

0.690.961.00.170.880.670.10.890.930.160.970.620.580.560.640.460.910.850.00.050.610.280.780.360.13
0.690.710.690.190.750.39-0.340.760.69-0.470.720.530.40.290.660.070.570.65-0.4-0.310.670.210.550.270.24
0.960.710.940.260.880.65-0.070.90.90.021.00.660.450.480.560.340.870.75-0.17-0.110.690.150.720.240.26
1.00.690.940.170.870.680.110.890.920.180.950.60.590.570.640.460.910.860.010.060.60.280.80.360.13
0.170.190.260.170.060.62-0.640.41-0.07-0.310.220.14-0.66-0.06-0.26-0.680.030.0-0.65-0.770.39-0.830.53-0.810.98
0.880.750.880.870.060.440.020.910.880.060.890.510.590.380.760.380.760.88-0.090.020.830.420.710.50.08
0.670.390.650.680.620.44-0.260.650.40.030.630.4-0.060.440.13-0.130.590.36-0.34-0.390.4-0.350.62-0.280.58
0.1-0.34-0.070.11-0.640.02-0.26-0.240.220.8-0.03-0.050.520.20.280.770.220.190.970.98-0.330.63-0.060.63-0.73
0.890.760.90.890.410.910.65-0.240.8-0.090.90.550.350.360.520.120.720.84-0.34-0.290.840.070.860.150.41
0.930.690.90.92-0.070.880.40.220.80.130.920.650.740.60.670.610.830.860.120.210.590.490.640.55-0.1
0.16-0.470.020.18-0.310.060.030.8-0.090.130.03-0.010.290.140.20.510.280.160.80.74-0.210.360.110.37-0.4
0.970.721.00.950.220.890.63-0.030.90.920.030.660.490.50.60.380.880.77-0.13-0.070.680.20.720.280.22
0.620.530.660.60.140.510.4-0.050.550.65-0.010.660.350.340.270.20.550.4-0.12-0.080.370.080.360.140.13
0.580.40.450.59-0.660.59-0.060.520.350.740.290.490.350.450.670.870.570.670.460.590.150.90.190.9-0.69
0.560.290.480.57-0.060.380.440.20.360.60.140.50.340.450.280.380.420.340.110.140.170.260.230.27-0.12
0.640.660.560.64-0.260.760.130.280.520.670.20.60.270.670.280.510.620.680.250.330.510.690.420.72-0.25
0.460.070.340.46-0.680.38-0.130.770.120.610.510.380.20.870.380.510.510.490.710.8-0.070.810.10.79-0.75
0.910.570.870.910.030.760.590.220.720.830.280.880.550.570.420.620.510.710.170.20.360.290.630.40.0
0.850.650.750.860.00.880.360.190.840.860.160.770.40.670.340.680.490.710.090.170.660.460.820.52-0.03
0.0-0.4-0.170.01-0.65-0.09-0.340.97-0.340.120.8-0.13-0.120.460.110.250.710.170.090.97-0.450.59-0.130.59-0.74
0.05-0.31-0.110.06-0.770.02-0.390.98-0.290.210.74-0.07-0.080.590.140.330.80.20.170.97-0.370.73-0.160.73-0.84
0.610.670.690.60.390.830.4-0.330.840.59-0.210.680.370.150.170.51-0.070.360.66-0.45-0.370.070.660.120.44
0.280.210.150.28-0.830.42-0.350.630.070.490.360.20.080.90.260.690.810.290.460.590.730.07-0.070.97-0.84
0.780.550.720.80.530.710.62-0.060.860.640.110.720.360.190.230.420.10.630.82-0.13-0.160.66-0.07-0.010.48
0.360.270.240.36-0.810.5-0.280.630.150.550.370.280.140.90.270.720.790.40.520.590.730.120.97-0.01-0.8
0.130.240.260.130.980.080.58-0.730.41-0.1-0.40.220.13-0.69-0.12-0.25-0.750.0-0.03-0.74-0.840.44-0.840.48-0.8
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Youngy Health Account Relationship Matchups

Youngy Health fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets956.6M1.0B1.2B1.2B1.4B1.3B
Other Current Liab37.7M35.6M36.9M1.7M1.9M1.8M
Total Current Liabilities116.9M127.8M125.1M124.4M143.1M208.0M
Total Stockholder Equity808.3M831.4M989.0M1.0B1.2B1.0B
Retained Earnings(1.4B)(1.3B)(1.2B)(1.2B)(1.1B)(1.0B)
Accounts Payable49.4M52.0M52.7M47.4M54.5M74.5M
Cash160.0M91.3M68.3M119.2M137.0M186.5M
Other Assets27.4M20.6M18.0M68.0M78.2M82.1M
Net Receivables44.3M56.1M39.2M41.6M47.8M45.4M
Inventory114.2M149.2M186.6M143.9M165.5M148.5M
Other Current Assets7.0M12.5M13.6M129.2M148.6M156.0M
Total Liab125.3M161.1M158.0M148.9M171.2M222.9M
Intangible Assets58.6M55.5M44.9M42.8M49.2M66.6M
Property Plant Equipment258.9M235.9M259.4M246.1M283.0M243.3M
Other Liab12.7M8.4M8.1M15.9M18.2M10.3M
Net Tangible Assets811.9M749.7M775.9M944.1M849.6M752.3M
Other Stockholder Equity16.9M13.7M12.6M43.8M50.4M52.9M
Deferred Long Term Liab2.2M423.6K235.7K297.4K267.6K254.3K
Total Current Assets482.6M501.4M766.7M818.0M736.2M645.2M
Non Current Assets Total474.0M520.7M420.1M403.5M363.2M688.8M
Non Currrent Assets Other56.6M54.4M10.2M12.9M11.6M11.1M
Non Current Liabilities Total8.4M33.2M32.9M24.5M28.1M26.6M
Net Invested Capital808.3M831.4M989.0M1.0B915.2M1.0B
Net Working Capital365.7M373.6M641.6M693.6M797.7M566.3M
Property Plant And Equipment Net235.9M259.4M246.1M224.9M202.4M196.0M
Property Plant And Equipment Gross369.6M405.4M246.1M375.5M337.9M285.7M

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Other Information on Investing in Youngy Stock

Balance Sheet is a snapshot of the financial position of Youngy Health at a specified time, usually calculated after every quarter, six months, or one year. Youngy Health Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Youngy Health 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 Youngy currently owns. An asset can also be divided into two categories, current and non-current.