Servyou Short Term Investments vs Property Plant And Equipment Net Analysis

603171 Stock   30.10  0.99  3.18%   
Servyou Software financial indicator trend analysis is much more than just breaking down Servyou Software prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Servyou Software is a good investment. Please check the relationship between Servyou Software Short Term Investments and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Servyou Software Group. 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.

Short Term Investments vs Property Plant And Equipment Net

Short Term Investments vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Servyou Software Short Term Investments account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Servyou Software's Short Term Investments and Property Plant And Equipment Net is 0.78. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Servyou Software Group, assuming nothing else is changed. The correlation between historical values of Servyou Software's Short Term Investments and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Servyou Software Group are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Short Term Investments i.e., Servyou Software's Short Term Investments and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Servyou Software balance sheet. It contains any investments Servyou Software Group undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Servyou Software can easily liquidate in the marketplace.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Servyou Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Servyou Software 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 Servyou Software Group. 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 334.5 M, whereas Tax Provision is projected to grow to (6.2 M).
 2021 2022 2023 2024 (projected)
Gross Profit951.3M994.7M1.0B895.1M
Total Revenue1.6B1.7B1.8B1.5B

Servyou Software fundamental ratios Correlations

0.060.961.00.98-0.930.980.790.940.940.670.960.99-0.230.95-0.660.980.960.990.680.99-0.79-0.810.880.780.88
0.06-0.080.1-0.07-0.140.12-0.070.15-0.110.460.110.040.790.020.130.04-0.070.13-0.530.04-0.34-0.33-0.26-0.16-0.2
0.96-0.080.930.97-0.830.90.790.860.940.50.880.96-0.290.91-0.550.941.00.930.750.94-0.7-0.730.870.70.83
1.00.10.930.97-0.940.990.780.950.930.710.970.98-0.220.94-0.680.980.930.990.650.98-0.8-0.820.870.790.88
0.98-0.070.970.97-0.860.950.840.890.980.60.910.97-0.330.95-0.610.990.970.950.780.97-0.71-0.740.920.780.9
-0.93-0.14-0.83-0.94-0.86-0.96-0.64-0.99-0.79-0.62-0.97-0.930.16-0.830.8-0.86-0.84-0.95-0.49-0.950.840.85-0.73-0.66-0.76
0.980.120.90.990.95-0.960.760.980.90.70.990.96-0.220.93-0.740.950.90.980.630.98-0.8-0.820.850.760.86
0.79-0.070.790.780.84-0.640.760.670.930.550.70.76-0.480.92-0.570.80.780.710.810.75-0.32-0.370.890.580.83
0.940.150.860.950.89-0.990.980.670.830.630.990.94-0.140.86-0.80.890.860.960.530.97-0.83-0.840.760.680.77
0.94-0.110.940.930.98-0.790.90.930.830.580.860.91-0.430.97-0.620.950.940.890.850.92-0.57-0.60.960.740.91
0.670.460.50.710.6-0.620.70.550.630.580.670.6-0.050.74-0.490.690.50.680.280.61-0.47-0.490.610.770.72
0.960.110.880.970.91-0.970.990.70.990.860.670.94-0.190.89-0.790.920.880.970.590.98-0.79-0.810.810.750.82
0.990.040.960.980.97-0.930.960.760.940.910.60.94-0.210.91-0.630.950.960.980.620.98-0.83-0.850.830.710.84
-0.230.79-0.29-0.22-0.330.16-0.22-0.48-0.14-0.43-0.05-0.19-0.21-0.390.48-0.23-0.28-0.15-0.76-0.21-0.28-0.25-0.63-0.46-0.6
0.950.020.910.940.95-0.830.930.920.860.970.740.890.91-0.39-0.670.950.90.910.770.91-0.57-0.610.950.810.94
-0.660.13-0.55-0.68-0.610.8-0.74-0.57-0.8-0.62-0.49-0.79-0.630.48-0.67-0.58-0.55-0.65-0.54-0.710.390.4-0.67-0.59-0.69
0.980.040.940.980.99-0.860.950.80.890.950.690.920.95-0.230.95-0.580.940.960.710.96-0.74-0.770.890.820.88
0.96-0.071.00.930.97-0.840.90.780.860.940.50.880.96-0.280.9-0.550.940.930.730.94-0.71-0.740.860.690.83
0.990.130.930.990.95-0.950.980.710.960.890.680.970.98-0.150.91-0.650.960.930.590.98-0.85-0.870.820.770.84
0.68-0.530.750.650.78-0.490.630.810.530.850.280.590.62-0.760.77-0.540.710.730.590.66-0.16-0.20.910.660.82
0.990.040.940.980.97-0.950.980.750.970.920.610.980.98-0.210.91-0.710.960.940.980.66-0.81-0.830.840.740.83
-0.79-0.34-0.7-0.8-0.710.84-0.8-0.32-0.83-0.57-0.47-0.79-0.83-0.28-0.570.39-0.74-0.71-0.85-0.16-0.811.0-0.42-0.46-0.46
-0.81-0.33-0.73-0.82-0.740.85-0.82-0.37-0.84-0.6-0.49-0.81-0.85-0.25-0.610.4-0.77-0.74-0.87-0.2-0.831.0-0.45-0.48-0.49
0.88-0.260.870.870.92-0.730.850.890.760.960.610.810.83-0.630.95-0.670.890.860.820.910.84-0.42-0.450.840.98
0.78-0.160.70.790.78-0.660.760.580.680.740.770.750.71-0.460.81-0.590.820.690.770.660.74-0.46-0.480.840.91
0.88-0.20.830.880.9-0.760.860.830.770.910.720.820.84-0.60.94-0.690.880.830.840.820.83-0.46-0.490.980.91
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Servyou Software Account Relationship Matchups

Servyou Software fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5B2.8B3.5B3.7B3.9B2.9B
Other Current Liab850.3M890.3M930.4M967.5M163.8K155.6K
Total Current Liabilities878.9M919.1M975.7M1.1B1.3B1.0B
Total Stockholder Equity1.5B1.8B2.4B2.5B2.4B1.8B
Property Plant And Equipment Net533.1M552.0M680.3M772.8M885.9M638.8M
Net Debt(1.6B)(1.8B)(1.8B)(1.6B)(1.5B)(1.5B)
Retained Earnings596.1M808.9M957.2M969.1M944.3M644.6M
Accounts Payable28.5M28.8M34.9M132.2M93.8M50.3M
Cash1.6B1.8B1.8B1.7B1.7B1.3B
Non Current Assets Total698.0M777.6M914.2M1.3B1.4B937.9M
Non Currrent Assets Other34.7M81.0M516.3M388.5M54.0M51.3M
Cash And Short Term Investments1.7B1.8B2.3B1.9B2.2B1.3B
Common Stock Shares Outstanding364.1M364.1M384.6M405.9M407.2M390.0M
Liabilities And Stockholders Equity2.5B2.8B3.5B3.7B4.2B2.7B
Non Current Liabilities Total104.2M97.1M95.0M87.6M78.9M75.8M
Inventory77.1M85.3M167.9M245.5M204.3M122.3M
Other Current Assets3.5M17.8M10.3M7.8M7.9M7.5M
Other Stockholder Equity587.2M603.7M1.1B1.1B1.2B685.5M
Total Liab983.1M1.0B1.1B1.2B1.4B1.1B
Total Current Assets1.8B2.0B2.6B2.3B2.4B2.0B
Intangible Assets124.3M144.2M146.7M174.0M212.6M165.6M
Common Stock210M281M365.3M405.9M466.8M348.9M

Currently Active Assets on Macroaxis

Other Information on Investing in Servyou Stock

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