Yantai Short Term Investments vs Good Will Analysis

605198 Stock

30.04 0.06 0.20%

Yantai North financial indicator trend analysis is more than just analyzing Yantai North Andre current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yantai North Andre is a good investment. Please check the relationship between Yantai North Short Term Investments and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Yantai North Andre. 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 Good Will

Short Term Investments vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yantai North Andre Short Term Investments account and Good Will. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Yantai North's Short Term Investments and Good Will is -0.06. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Good Will in the same time period over historical financial statements of Yantai North Andre, assuming nothing else is changed. The correlation between historical values of Yantai North's Short Term Investments and Good Will 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 Yantai North Andre are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Short Term Investments i.e., Yantai North's Short Term Investments and Good Will go up and down completely randomly.

Correlation Coefficient

-0.06

Relationship Direction	Negative
Relationship Strength	Insignificant

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Short Term Investments

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

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Most indicators from Yantai North's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yantai North Andre 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 Yantai North Andre. 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 10.6 M, whereas Selling General Administrative is forecasted to decline to about 7.4 M.

	2022	2023	2024	2025 (projected)
Gross Profit	213.1M	289.0M	332.4M	242.1M
Total Revenue	1.1B	876.1M	1.0B	988.5M

Gross Profit Total Revenue

Yantai North fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Good Will	Non Current Liabilities Total	Common Stock	Short Term Investments	Intangible Assets	Net Receivables
Total Assets		0.1	-0.52	0.01	0.88	0.84	-0.19	0.69	0.4	0.54	0.82	-0.13	0.61	0.54	0.81	0.39	0.1	0.01	0.96	0.1	0.6	0.03	-0.45	0.25	0.31	-0.45
Short Long Term Debt Total	0.1		0.42	0.97	-0.33	0.3	0.9	-0.55	0.67	-0.36	0.4	-0.32	-0.48	0.08	0.43	0.42	0.62	0.98	-0.05	0.99	0.42	0.4	0.64	-0.63	-0.22	0.43
Other Current Liab	-0.52	0.42		0.55	-0.65	-0.31	0.64	-0.77	-0.06	-0.69	-0.2	-0.14	-0.75	-0.79	-0.14	0.0	0.1	0.54	-0.6	0.42	-0.13	0.08	0.65	-0.55	-0.26	0.51
Total Current Liabilities	0.01	0.97	0.55		-0.41	0.21	0.91	-0.64	0.61	-0.47	0.31	-0.31	-0.56	-0.07	0.33	0.42	0.5	1.0	-0.14	0.97	0.35	0.27	0.69	-0.6	-0.27	0.56
Total Stockholder Equity	0.88	-0.33	-0.65	-0.41		0.65	-0.56	0.81	0.02	0.59	0.56	0.08	0.71	0.5	0.55	0.12	-0.17	-0.4	0.91	-0.33	0.41	-0.13	-0.61	0.51	0.34	-0.57
Property Plant And Equipment Net	0.84	0.3	-0.31	0.21	0.65		0.11	0.44	0.4	0.27	0.98	-0.02	0.21	0.57	0.87	0.54	0.19	0.21	0.67	0.3	0.81	0.14	-0.38	0.06	0.39	-0.21
Net Debt	-0.19	0.9	0.64	0.91	-0.56	0.11		-0.72	0.46	-0.64	0.21	-0.3	-0.71	-0.16	0.26	0.29	0.57	0.92	-0.36	0.88	0.28	0.39	0.7	-0.69	-0.15	0.5
Retained Earnings	0.69	-0.55	-0.77	-0.64	0.81	0.44	-0.72		-0.06	0.81	0.38	-0.04	0.9	0.42	0.38	0.04	-0.3	-0.65	0.76	-0.54	0.17	-0.23	-0.87	0.48	0.48	-0.77
Accounts Payable	0.4	0.67	-0.06	0.61	0.02	0.4	0.46	-0.06		0.03	0.46	0.06	0.04	0.34	0.48	0.69	0.61	0.64	0.33	0.64	0.26	0.42	0.22	-0.09	-0.22	0.18
Cash	0.54	-0.36	-0.69	-0.47	0.59	0.27	-0.64	0.81	0.03		0.22	-0.15	0.86	0.38	0.31	-0.04	-0.23	-0.49	0.62	-0.35	0.02	-0.26	-0.68	0.16	0.28	-0.77
Non Current Assets Total	0.82	0.4	-0.2	0.31	0.56	0.98	0.21	0.38	0.46	0.22		-0.1	0.16	0.48	0.89	0.57	0.25	0.32	0.63	0.39	0.79	0.17	-0.3	-0.04	0.36	-0.16
Non Currrent Assets Other	-0.13	-0.32	-0.14	-0.31	0.08	-0.02	-0.3	-0.04	0.06	-0.15	-0.1		-0.13	0.21	-0.28	0.24	-0.02	-0.28	-0.12	-0.35	-0.09	0.16	-0.1	0.61	-0.18	0.25
Cash And Short Term Investments	0.61	-0.48	-0.75	-0.56	0.71	0.21	-0.71	0.9	0.04	0.86	0.16	-0.13		0.37	0.21	-0.14	-0.19	-0.57	0.75	-0.48	0.0	-0.2	-0.65	0.44	0.3	-0.75
Common Stock Shares Outstanding	0.54	0.08	-0.79	-0.07	0.5	0.57	-0.16	0.42	0.34	0.38	0.48	0.21	0.37		0.33	0.22	0.16	-0.06	0.5	0.07	0.52	0.1	-0.37	0.29	0.33	-0.17
Inventory	0.81	0.43	-0.14	0.33	0.55	0.87	0.26	0.38	0.48	0.31	0.89	-0.28	0.21	0.33		0.55	0.22	0.33	0.67	0.44	0.66	0.12	-0.23	-0.25	0.31	-0.39
Other Current Assets	0.39	0.42	0.0	0.42	0.12	0.54	0.29	0.04	0.69	-0.04	0.57	0.24	-0.14	0.22	0.55		0.1	0.41	0.26	0.44	0.38	0.03	-0.11	0.07	-0.16	0.22
Other Stockholder Equity	0.1	0.62	0.1	0.5	-0.17	0.19	0.57	-0.3	0.61	-0.23	0.25	-0.02	-0.19	0.16	0.22	0.1		0.58	0.01	0.51	0.1	0.92	0.53	-0.21	-0.31	0.19
Total Liab	0.01	0.98	0.54	1.0	-0.4	0.21	0.92	-0.65	0.64	-0.49	0.32	-0.28	-0.57	-0.06	0.33	0.41	0.58		-0.14	0.97	0.34	0.36	0.71	-0.58	-0.29	0.56
Total Current Assets	0.96	-0.05	-0.6	-0.14	0.91	0.67	-0.36	0.76	0.33	0.62	0.63	-0.12	0.75	0.5	0.67	0.26	0.01	-0.14		-0.05	0.44	-0.04	-0.46	0.35	0.24	-0.53
Short Term Debt	0.1	0.99	0.42	0.97	-0.33	0.3	0.88	-0.54	0.64	-0.35	0.39	-0.35	-0.48	0.07	0.44	0.44	0.51	0.97	-0.05		0.44	0.29	0.61	-0.65	-0.19	0.44
Good Will	0.6	0.42	-0.13	0.35	0.41	0.81	0.28	0.17	0.26	0.02	0.79	-0.09	0.0	0.52	0.66	0.38	0.1	0.34	0.44	0.44		0.01	-0.14	-0.06	0.51	0.02
Non Current Liabilities Total	0.03	0.4	0.08	0.27	-0.13	0.14	0.39	-0.23	0.42	-0.26	0.17	0.16	-0.2	0.1	0.12	0.03	0.92	0.36	-0.04	0.29	0.01		0.41	-0.03	-0.3	0.18
Common Stock	-0.45	0.64	0.65	0.69	-0.61	-0.38	0.7	-0.87	0.22	-0.68	-0.3	-0.1	-0.65	-0.37	-0.23	-0.11	0.53	0.71	-0.46	0.61	-0.14	0.41		-0.47	-0.59	0.58
Short Term Investments	0.25	-0.63	-0.55	-0.6	0.51	0.06	-0.69	0.48	-0.09	0.16	-0.04	0.61	0.44	0.29	-0.25	0.07	-0.21	-0.58	0.35	-0.65	-0.06	-0.03	-0.47		-0.04	0.0
Intangible Assets	0.31	-0.22	-0.26	-0.27	0.34	0.39	-0.15	0.48	-0.22	0.28	0.36	-0.18	0.3	0.33	0.31	-0.16	-0.31	-0.29	0.24	-0.19	0.51	-0.3	-0.59	-0.04		-0.41
Net Receivables	-0.45	0.43	0.51	0.56	-0.57	-0.21	0.5	-0.77	0.18	-0.77	-0.16	0.25	-0.75	-0.17	-0.39	0.22	0.19	0.56	-0.53	0.44	0.02	0.18	0.58	0.0	-0.41

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Yantai North Account Relationship Matchups

Yantai North fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.2B	2.5B	2.6B	2.6B	3.0B	2.2B
Other Current Liab	36.2M	39.6M	31.0M	295.2K	265.7K	252.4K
Total Current Liabilities	102.8M	236.9M	232.5M	77.0M	69.3M	65.8M
Total Stockholder Equity	2.1B	2.2B	2.4B	2.5B	2.9B	1.5B
Property Plant And Equipment Net	678.0M	674.3M	674.8M	760.2M	874.2M	698.5M
Net Debt	(328.7M)	(274.1M)	(187.9M)	(280.3M)	(252.3M)	(239.7M)
Retained Earnings	1.6B	1.7B	1.9B	2.1B	2.4B	2.5B
Accounts Payable	63.2M	105.8M	60.1M	46.0M	52.9M	85.1M
Cash	187.9M	380.4M	234.3M	544.2M	625.8M	657.1M
Non Current Assets Total	773.7M	785.6M	787.9M	858.9M	987.7M	851.9M
Cash And Short Term Investments	378.7M	274.1M	563.8M	817.0M	939.6M	986.5M
Liabilities And Stockholders Equity	1.9B	2.0B	2.2B	2.5B	2.8B	2.1B
Inventory	664.5M	635.5M	550.8M	900.9M	1.0B	751.3M
Other Stockholder Equity	124.9M	145.5M	177.4M	169.1M	152.2M	144.6M
Total Liab	116.6M	238.5M	240.4M	80.7M	72.6M	69.0M
Total Current Assets	1.5B	1.7B	1.8B	1.8B	2.0B	1.4B
Non Current Liabilities Total	13.8M	1.6M	7.9M	3.7M	3.4M	3.2M
Intangible Assets	90.2M	99.7M	89.0M	92.5M	106.4M	102.4M
Net Receivables	176.6M	199.0M	220.4M	134.4M	121.0M	151.5M
Net Invested Capital	2.1B	2.3B	2.5B	2.5B	2.9B	2.5B
Capital Stock	378M	367.3M	357.7M	349M	314.1M	289.6M
Net Working Capital	1.3B	1.4B	1.6B	1.7B	1.9B	1.6B

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Other Information on Investing in Yantai Stock

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

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Yantai Short Term Investments vs Good Will Analysis

Short Term Investments vs Good Will

Short Term Investments vs Good Will Correlation Analysis

Correlation Coefficient

Short Term Investments

Good Will

Yantai North fundamental ratios Correlations

Yantai North Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Yantai North fundamental ratios Accounts

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Other Information on Investing in Yantai Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Short Term Debt	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.98	Short Long Term Debt Total
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Total Current Liabilities	+ 0.97	Short Long Term Debt Total
Short Term Debt	+ 0.97	Total Current Liabilities

Common Stock	- 0.87	Retained Earnings
Common Stock Shares Outstanding	- 0.79	Other Current Liab
Net Receivables	- 0.77	Cash
Net Receivables	- 0.77	Retained Earnings
Retained Earnings	- 0.77	Other Current Liab
Net Receivables	- 0.75	Cash And Short Term Investments