Yellow Gross Profit vs Operating Income Analysis

Y Stock  CAD 11.31  0.20  1.80%   
Yellow Pages financial indicator trend analysis is more than just analyzing Yellow Pages Limited current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yellow Pages Limited is a good investment. Please check the relationship between Yellow Pages Gross Profit and its Operating Income accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yellow Pages Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Gross Profit vs Operating Income

Gross Profit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yellow Pages Limited Gross Profit account and Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Yellow Pages' Gross Profit and Operating Income is -0.35. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Yellow Pages Limited, assuming nothing else is changed. The correlation between historical values of Yellow Pages' Gross Profit and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Yellow Pages Limited are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Gross Profit i.e., Yellow Pages' Gross Profit and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.35
Relationship DirectionNegative 
Relationship StrengthInsignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Yellow Pages Limited minus its cost of goods sold. It is profit before Yellow Pages operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Yellow Pages Limited 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 Yellow Pages Limited 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.
Most indicators from Yellow Pages' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yellow Pages Limited 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yellow Pages Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Yellow Pages' Tax Provision is very stable compared to the past year. As of the 21st of December 2024, Enterprise Value Over EBITDA is likely to grow to 3.14, while Selling General Administrative is likely to drop about 2.1 M.
 2021 2022 2023 2024 (projected)
Interest Expense10.1M3.7M3.2M3.0M
Depreciation And Amortization19.6M15.4M13.7M13.0M

Yellow Pages fundamental ratios Correlations

0.980.750.710.980.80.970.990.250.5-0.161.0-0.02-0.110.790.970.940.770.970.90.870.940.60.730.10.82
0.980.810.80.920.820.981.00.150.62-0.10.980.1-0.050.850.920.930.670.990.920.90.980.540.790.220.85
0.750.810.950.610.510.720.80.00.710.070.740.350.090.670.650.820.190.860.690.820.890.20.660.470.77
0.710.80.950.560.570.750.78-0.160.840.150.70.550.160.80.560.70.110.850.770.730.90.130.790.680.86
0.980.920.610.560.780.920.940.350.35-0.240.98-0.17-0.190.70.980.910.880.890.850.80.850.680.63-0.060.74
0.80.820.510.570.780.780.82-0.050.52-0.210.80.22-0.170.830.790.720.630.780.780.630.760.650.670.230.6
0.970.980.720.750.920.780.970.160.6-0.090.960.09-0.030.870.890.850.70.960.960.830.950.510.830.220.89
0.991.00.80.780.940.820.970.20.61-0.170.980.08-0.120.830.940.940.690.990.910.90.970.560.750.20.84
0.250.150.0-0.160.35-0.050.160.2-0.33-0.540.28-0.53-0.53-0.210.380.310.540.110.030.250.070.48-0.31-0.53-0.03
0.50.620.710.840.350.520.60.61-0.330.00.490.630.010.710.350.46-0.030.650.720.520.70.030.650.680.68
-0.16-0.10.070.15-0.24-0.21-0.09-0.17-0.540.0-0.190.181.00.04-0.29-0.22-0.39-0.05-0.11-0.14-0.02-0.430.410.330.11
1.00.980.740.70.980.80.960.980.280.49-0.19-0.04-0.140.770.970.950.780.960.890.870.940.620.70.070.81
-0.020.10.350.55-0.170.220.090.08-0.530.630.18-0.040.150.48-0.21-0.1-0.510.140.24-0.060.22-0.310.40.940.38
-0.11-0.050.090.16-0.19-0.17-0.03-0.12-0.530.011.0-0.140.150.07-0.23-0.17-0.33-0.01-0.06-0.10.02-0.380.440.310.15
0.790.850.670.80.70.830.870.83-0.210.710.040.770.480.070.640.630.390.850.90.630.860.30.910.570.88
0.970.920.650.560.980.790.890.940.380.35-0.290.97-0.21-0.230.640.960.860.890.790.870.860.720.56-0.120.65
0.940.930.820.70.910.720.850.940.310.46-0.220.95-0.1-0.170.630.960.690.930.750.930.910.610.560.010.67
0.770.670.190.110.880.630.70.690.54-0.03-0.390.78-0.51-0.330.390.860.690.60.590.580.530.770.31-0.460.38
0.970.990.860.850.890.780.960.990.110.65-0.050.960.14-0.010.850.890.930.60.910.911.00.460.80.280.87
0.90.920.690.770.850.780.960.910.030.72-0.110.890.24-0.060.90.790.750.590.910.710.90.40.840.340.91
0.870.90.820.730.80.630.830.90.250.52-0.140.87-0.06-0.10.630.870.930.580.910.710.90.510.570.060.64
0.940.980.890.90.850.760.950.970.070.7-0.020.940.220.020.860.860.910.531.00.90.90.420.820.350.89
0.60.540.20.130.680.650.510.560.480.03-0.430.62-0.31-0.380.30.720.610.770.460.40.510.420.16-0.30.19
0.730.790.660.790.630.670.830.75-0.310.650.410.70.40.440.910.560.560.310.80.840.570.820.160.560.88
0.10.220.470.68-0.060.230.220.2-0.530.680.330.070.940.310.57-0.120.01-0.460.280.340.060.35-0.30.560.55
0.820.850.770.860.740.60.890.84-0.030.680.110.810.380.150.880.650.670.380.870.910.640.890.190.880.55
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Yellow Pages Account Relationship Matchups

Yellow Pages fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets326.9M367.9M305.2M207.3M167.5M159.1M
Short Long Term Debt Total156.4M154.0M49.9M47.1M43.9M41.7M
Other Current Liab41.7M36.9M36.9M34.2M28.6M27.2M
Total Current Liabilities65.7M61.6M65.9M56.0M49.6M47.1M
Total Stockholder Equity(16.7M)29.3M116.1M65.8M42.3M40.1M
Property Plant And Equipment Net26.4M17.7M15.0M11.3M8.6M8.1M
Current Deferred Revenue2.7M1.5M1.6M1.3M956K908.2K
Net Debt112.0M497K(73.7M)3.2M20.7M19.7M
Retained Earnings(6.6B)(6.5B)(6.4B)(55.3M)(54.0M)(56.7M)
Accounts Payable18.6M18.7M19.1M16.8M15.9M15.1M
Cash44.4M153.5M123.6M43.9M23.2M22.1M
Non Current Assets Total185.9M141.8M131.8M117.8M98.6M93.7M
Non Currrent Assets Other3.6M1.9M2.0M2.2M2.5M4.2M
Cash And Short Term Investments45.3M154.7M125.0M45.6M23.2M22.1M
Net Receivables88.5M59.0M40.2M38.9M38.3M36.4M
Common Stock Shares Outstanding32.5M32.6M26.7M23.9M17.8M16.9M
Short Term Investments926K1.2M1.5M1.7M2.0M2.5M
Liabilities And Stockholders Equity326.9M367.9M305.2M207.3M167.5M159.1M
Non Current Liabilities Total277.8M277.0M123.2M85.5M75.7M71.9M
Other Current Assets17.1M12.0M9.7M6.7M7.4M7.0M
Other Stockholder Equity106.4M107.1M106.0M103.7M(11.0M)0.95
Total Liab343.5M338.6M189.1M141.5M125.3M119.0M
Property Plant And Equipment Gross26.4M17.7M64.3M60.9M46.1M42.4M
Total Current Assets141.0M226.1M173.4M89.5M68.9M65.5M
Short Term Debt2.8M3.0M2.9M3.4M4.0M3.8M
Intangible Assets89.7M70.7M58.7M49.7M40.9M38.9M
Inventory2.5M2.1M1.9M1.0M1.2M1.2M
Other Liab124.1M126.0M76.3M41.8M37.6M35.7M
Net Tangible Assets(106.4M)(41.4M)57.4M16.1M18.5M19.5M
Other Assets68.9M52.0M58.1M30.3M34.8M42.0M
Deferred Long Term Liab3.6M1.9M2.0M2.2M1.9M1.8M
Long Term Investments26.4M29.6M26.9M26.6M25.8M18.3M
Property Plant Equipment26.4M17.7M15.0M11.3M10.1M9.6M
Long Term Debt Total153.7M151.0M46.9M43.7M39.4M37.4M

Pair Trading with Yellow Pages

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Yellow Pages position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Yellow Pages will appreciate offsetting losses from the drop in the long position's value.

Moving together with Yellow Stock

  0.72AAPL Apple Inc CDRPairCorr
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  0.67GOOG Alphabet CDRPairCorr

Moving against Yellow Stock

  0.38QTWO Q2 Metals CorpPairCorr
The ability to find closely correlated positions to Yellow Pages could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Yellow Pages when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Yellow Pages - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Yellow Pages Limited to buy it.
The correlation of Yellow Pages is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Yellow Pages moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Yellow Pages Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Yellow Pages can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Yellow Stock

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