Yelp Property Plant And Equipment Net vs Short Term Investments Analysis

YELP Stock  USD 37.26  0.23  0.61%   
Yelp financial indicator trend analysis is more than just analyzing Yelp Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yelp Inc is a good investment. Please check the relationship between Yelp Property Plant And Equipment Net and its Short Term Investments accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yelp Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Property Plant And Equipment Net vs Short Term Investments

Property Plant And Equipment Net vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yelp Inc Property Plant And Equipment Net account and Short Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between Yelp's Property Plant And Equipment Net and Short Term Investments is 0.21. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Yelp Inc, assuming nothing else is changed. The correlation between historical values of Yelp's Property Plant And Equipment Net and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Yelp Inc are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Property Plant And Equipment Net i.e., Yelp's Property Plant And Equipment Net and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Short Term Investments

Short Term Investments is an item under the current assets section of Yelp balance sheet. It contains any investments Yelp Inc undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Yelp Inc can easily liquidate in the marketplace.
Most indicators from Yelp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yelp Inc 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 Yelp Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Yelp's Selling General Administrative is relatively stable compared to the past year. As of 11/28/2024, Tax Provision is likely to grow to about 17.1 M, while Enterprise Value Over EBITDA is likely to drop 19.68.
 2021 2022 2023 2024 (projected)
Interest Expense116K8.4M9.7M10.2M
Depreciation And Amortization109.6M96.5M70.3M46.0M

Yelp fundamental ratios Correlations

0.880.720.450.920.470.650.370.580.440.580.520.520.63-0.56-0.160.720.80.870.580.710.210.680.350.880.89
0.880.820.70.970.670.780.590.660.720.670.60.760.83-0.56-0.420.90.860.910.80.60.550.890.510.960.95
0.720.820.740.760.740.460.250.660.690.60.720.570.81-0.27-0.550.810.660.650.90.550.470.870.640.760.75
0.450.70.740.540.840.530.440.690.90.570.640.750.86-0.18-0.930.810.580.460.890.120.770.890.840.590.58
0.920.970.760.540.520.770.490.560.520.560.610.590.69-0.66-0.220.790.840.970.670.720.340.770.390.980.98
0.470.670.740.840.520.620.50.80.830.480.50.630.8-0.33-0.740.660.640.480.840.040.650.850.540.610.55
0.650.780.460.530.770.620.610.560.520.330.360.520.56-0.88-0.280.560.660.830.490.160.360.660.220.840.77
0.370.590.250.440.490.50.610.30.630.30.090.690.65-0.33-0.250.580.530.480.480.050.630.54-0.030.530.47
0.580.660.660.690.560.80.560.30.670.580.350.570.65-0.33-0.590.670.710.480.690.120.50.780.520.590.54
0.440.720.690.90.520.830.520.630.670.720.360.910.89-0.08-0.790.880.60.420.880.070.930.890.650.560.53
0.580.670.60.570.560.480.330.30.580.720.110.860.640.04-0.380.810.620.460.570.390.730.620.540.520.54
0.520.60.720.640.610.50.360.090.350.360.110.190.57-0.37-0.540.470.540.590.690.560.140.640.670.650.69
0.520.760.570.750.590.630.520.690.570.910.860.190.82-0.08-0.570.910.640.50.710.210.920.770.530.60.58
0.630.830.810.860.690.80.560.650.650.890.640.570.82-0.22-0.70.890.710.590.920.330.740.910.590.710.68
-0.56-0.56-0.27-0.18-0.66-0.33-0.88-0.33-0.33-0.080.04-0.37-0.08-0.22-0.05-0.2-0.48-0.78-0.18-0.220.11-0.360.03-0.72-0.67
-0.16-0.42-0.55-0.93-0.22-0.74-0.28-0.25-0.59-0.79-0.38-0.54-0.57-0.7-0.05-0.6-0.34-0.14-0.780.13-0.69-0.74-0.84-0.29-0.28
0.720.90.810.810.790.660.560.580.670.880.810.470.910.89-0.2-0.60.730.660.860.450.760.910.630.760.75
0.80.860.660.580.840.640.660.530.710.60.620.540.640.71-0.48-0.340.730.830.670.610.470.750.440.870.87
0.870.910.650.460.970.480.830.480.480.420.460.590.50.59-0.78-0.140.660.830.550.680.250.680.310.980.98
0.580.80.90.890.670.840.490.480.690.880.570.690.710.92-0.18-0.780.860.670.550.340.70.960.70.690.67
0.710.60.550.120.720.040.160.050.120.070.390.560.210.33-0.220.130.450.610.680.34-0.020.330.250.640.72
0.210.550.470.770.340.650.360.630.50.930.730.140.920.740.11-0.690.760.470.250.7-0.020.70.550.380.36
0.680.890.870.890.770.850.660.540.780.890.620.640.770.91-0.36-0.740.910.750.680.960.330.70.690.80.77
0.350.510.640.840.390.540.22-0.030.520.650.540.670.530.590.03-0.840.630.440.310.70.250.550.690.420.47
0.880.960.760.590.980.610.840.530.590.560.520.650.60.71-0.72-0.290.760.870.980.690.640.380.80.420.99
0.890.950.750.580.980.550.770.470.540.530.540.690.580.68-0.67-0.280.750.870.980.670.720.360.770.470.99
Click cells to compare fundamentals

Yelp Account Relationship Matchups

Yelp fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding78.0M73.0M78.6M73.4M73.6M70.5M
Total Assets1.1B1.2B1.1B1.0B1.0B790.4M
Other Current Liab66.3M26.8M63.3M83.8M81.7M46.0M
Total Current Liabilities134.2M143.0M164.0M182.8M175.9M184.7M
Total Stockholder Equity755.0M854.5M751.3M710.3M749.5M642.8M
Accounts Payable6.0M8.9M16.1M14.5M11.9M6.6M
Cash170.3M595.9M479.8M306.4M313.9M292.4M
Other Assets60.4M217.7M65.4M134.0M1.00.95
Other Current Assets14.2M17.5M47.5M22.1M27.6M16.8M
Total Liab315.7M300.4M299.2M305.6M265.2M147.7M
Property Plant Equipment308.8M101.7M224.6M77.2M88.8M96.6M
Other Liab6.8M8.4M7.2M36.1M41.5M43.6M
Property Plant And Equipment Net308.8M269.9M224.6M174.6M117.3M126.5M
Current Deferred Revenue4.3M4.1M4.2M5.2M3.8M3.7M
Net Debt62.0M(395.8M)(311.6M)(180.0M)(226.6M)(237.9M)
Retained Earnings(493.1M)(533.9M)(760.2M)(923.8M)(1.0B)(973.4M)
Non Current Assets Total537.4M442.2M405.9M419.9M390.5M302.7M
Non Currrent Assets Other40.4M49.5M65.4M35.8M42.3M36.2M
Cash And Short Term Investments412.3M595.9M479.8M400.6M446.4M444.9M
Net Receivables106.8M88.4M107.4M163.2M150.3M77.3M
Short Term Investments242M10.9M10M94.2M132.5M144.8M
Liabilities And Stockholders Equity1.1B1.2B1.1B1.0B1.0B845.2M
Non Current Liabilities Total181.6M157.4M135.2M122.8M89.3M66.5M
Other Stockholder Equity1.3B1.4B1.5B1.6B1.8B1.0B
Property Plant And Equipment Gross308.8M101.7M224.6M174.6M429.7M451.2M
Total Current Assets533.3M712.7M644.7M596.0M624.2M542.5M
Accumulated Other Comprehensive Income(11.8M)(6.8M)(11.1M)(15.5M)(12.2M)(12.8M)
Net Tangible Assets640.3M731.8M635.5M599.0M688.8M667.2M
Good Will104.6M109.3M105.1M102.3M103.9M115.3M
Capital Surpluse1.3B1.4B1.5B1.6B1.9B1.1B
Deferred Long Term Liab15.1M14.5M16.9M25.9M29.8M31.3M
Intangible Assets10.1M13.5M10.7M9.0M7.6M11.3M
Non Current Liabilities Other6.8M8.4M7.2M36.1M41.3M43.3M

Pair Trading with Yelp

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 Yelp 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 Yelp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Yelp Stock

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Moving against Yelp Stock

  0.74MAX MediaAlphaPairCorr
  0.68TC TuanChe ADRPairCorr
  0.51FENG Phoenix New MediaPairCorr
  0.5IAC IAC IncPairCorr
The ability to find closely correlated positions to Yelp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Yelp 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 Yelp - 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 Yelp Inc to buy it.
The correlation of Yelp 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 Yelp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Yelp Inc 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 Yelp 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

Additional Tools for Yelp Stock Analysis

When running Yelp's price analysis, check to measure Yelp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Yelp is operating at the current time. Most of Yelp's value examination focuses on studying past and present price action to predict the probability of Yelp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yelp's price. Additionally, you may evaluate how the addition of Yelp to your portfolios can decrease your overall portfolio volatility.