Youngy Operating Income vs Cost Of Revenue Analysis

300247 Stock   4.51  0.04  0.88%   
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 Operating Income and its Cost Of Revenue 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.

Operating Income vs Cost Of Revenue

Operating Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Youngy Health Operating Income account and Cost Of Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Youngy Health's Operating Income and Cost Of Revenue is -0.04. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Cost Of Revenue 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 Operating Income and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Youngy Health Co are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Operating Income i.e., Youngy Health's Operating Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Operating Income

Operating Income is the amount of profit realized from Youngy Health operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Youngy Health Co is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Cost Of Revenue

Cost of Revenue is found on Youngy Health income statement and represents the costs associated with goods and services Youngy Health provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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 Tax Provision is expected to grow to about 18.7 M, whereas Selling General Administrative is forecasted to decline to about 35.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit127.2M111.3M174.0M148.7M
Research Development13.5M11.0M9.1M8.6M

Youngy Health fundamental ratios Correlations

0.740.961.00.180.890.670.090.910.930.180.970.620.580.550.640.470.910.86-0.020.030.630.280.790.360.15
0.740.720.730.140.770.38-0.260.760.74-0.370.730.530.490.30.720.190.590.74-0.29-0.230.650.30.560.370.15
0.960.720.950.250.880.65-0.030.90.910.091.00.660.480.480.570.390.870.78-0.15-0.080.690.180.720.270.24
1.00.730.950.180.880.690.10.910.920.20.960.610.580.560.630.460.910.87-0.010.040.620.270.80.360.15
0.180.140.250.180.040.61-0.640.39-0.06-0.240.210.12-0.64-0.07-0.25-0.660.010.05-0.67-0.780.36-0.820.54-0.80.99
0.890.770.880.880.040.430.050.910.890.130.890.510.620.380.770.420.760.91-0.060.050.830.440.710.530.06
0.670.380.650.690.610.43-0.240.640.40.120.630.39-0.040.440.14-0.10.590.38-0.35-0.370.39-0.340.62-0.260.58
0.09-0.26-0.030.1-0.640.05-0.24-0.210.210.750.0-0.030.490.220.280.740.250.150.970.98-0.280.6-0.040.6-0.69
0.910.760.90.910.390.910.64-0.210.820.010.90.540.390.360.540.180.730.89-0.32-0.250.840.110.860.190.39
0.930.740.910.92-0.060.890.40.210.820.130.930.650.740.590.660.630.830.870.110.20.610.480.640.55-0.09
0.18-0.370.090.2-0.240.130.120.750.010.130.10.040.230.170.190.420.340.140.690.68-0.110.280.190.3-0.27
0.970.731.00.960.210.890.630.00.90.930.10.660.510.490.610.420.880.79-0.11-0.050.690.220.720.310.2
0.620.530.660.610.120.510.39-0.030.540.650.040.660.380.340.280.240.540.42-0.11-0.060.370.090.360.160.11
0.580.490.480.58-0.640.62-0.040.490.390.740.230.510.380.450.670.870.590.660.440.570.20.890.210.89-0.67
0.550.30.480.56-0.070.380.440.220.360.590.170.490.340.450.280.40.420.350.120.160.180.270.240.28-0.12
0.640.720.570.63-0.250.770.140.280.540.660.190.610.280.670.280.520.620.670.250.320.540.690.430.72-0.24
0.470.190.390.46-0.660.42-0.10.740.180.630.420.420.240.870.40.520.550.480.680.770.00.80.130.78-0.71
0.910.590.870.910.010.760.590.250.730.830.340.880.540.590.420.620.550.720.190.230.360.310.640.42-0.01
0.860.740.780.870.050.910.380.150.890.870.140.790.420.660.350.670.480.720.050.130.710.450.820.510.02
-0.02-0.29-0.15-0.01-0.67-0.06-0.350.97-0.320.110.69-0.11-0.110.440.120.250.680.190.050.97-0.420.58-0.130.58-0.72
0.03-0.23-0.080.04-0.780.05-0.370.98-0.250.20.68-0.05-0.060.570.160.320.770.230.130.97-0.320.71-0.150.71-0.81
0.630.650.690.620.360.830.39-0.280.840.61-0.110.690.370.20.180.540.00.360.71-0.42-0.320.130.670.170.4
0.280.30.180.27-0.820.44-0.340.60.110.480.280.220.090.890.270.690.80.310.450.580.710.13-0.050.97-0.83
0.790.560.720.80.540.710.62-0.040.860.640.190.720.360.210.240.430.130.640.82-0.13-0.150.67-0.050.00.49
0.360.370.270.36-0.80.53-0.260.60.190.550.30.310.160.890.280.720.780.420.510.580.710.170.970.0-0.79
0.150.150.240.150.990.060.58-0.690.39-0.09-0.270.20.11-0.67-0.12-0.24-0.71-0.010.02-0.72-0.810.4-0.830.49-0.79
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Youngy Health Account Relationship Matchups

Youngy Health fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B956.6M1.0B1.2B1.2B1.3B
Other Current Liab25.2M37.7M35.6M36.9M1.7M1.6M
Total Current Liabilities231.3M116.9M127.8M125.1M124.4M208.0M
Total Stockholder Equity876.2M808.3M831.4M989.0M1.0B1.0B
Retained Earnings(1.3B)(1.4B)(1.3B)(1.2B)(1.2B)(1.1B)
Accounts Payable122.4M49.4M52.0M52.7M47.4M74.5M
Cash91.1M160.0M91.3M68.3M119.2M186.5M
Other Assets27.4M20.6M18.0M68.0M78.2M82.1M
Net Receivables147.3M44.3M56.1M39.2M41.6M39.5M
Inventory172.7M114.2M149.2M186.6M143.9M148.5M
Other Current Assets26.0M7.0M12.5M13.6M129.2M135.6M
Total Liab244.0M125.3M161.1M158.0M148.9M222.9M
Intangible Assets64.3M58.6M55.5M44.9M42.8M66.6M
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 Assets556.0M482.6M501.4M766.7M818.0M645.2M
Non Current Assets Total578.5M474.0M520.7M420.1M403.5M688.8M
Non Currrent Assets Other3.0M56.6M54.4M10.2M12.9M12.3M
Non Current Liabilities Total12.7M8.4M33.2M32.9M24.5M26.6M
Net Invested Capital901.2M808.3M831.4M989.0M1.0B1.0B
Net Working Capital324.7M365.7M373.6M641.6M693.6M566.3M

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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.