Yerbae Net Receivables vs Common Stock Shares Outstanding Analysis

YERB-U Stock   0.12  0.02  20.00%   
Yerbae Brands financial indicator trend analysis is more than just analyzing Yerbae Brands Corp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yerbae Brands Corp is a good investment. Please check the relationship between Yerbae Brands Net Receivables and its Common Stock Shares Outstanding accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yerbae Brands Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Receivables vs Common Stock Shares Outstanding

Net Receivables vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yerbae Brands Corp Net Receivables account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Yerbae Brands' Net Receivables and Common Stock Shares Outstanding is 0.61. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Yerbae Brands Corp, assuming nothing else is changed. The correlation between historical values of Yerbae Brands' Net Receivables and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Yerbae Brands Corp are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Receivables i.e., Yerbae Brands' Net Receivables and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Receivables

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Yerbae Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yerbae Brands Corp 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 Yerbae Brands Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Issuance Of Capital Stock is expected to grow to about 8.8 M, whereas Selling General Administrative is forecasted to decline to about 20.5 M.
 2021 2022 2023 2024 (projected)
Total Revenue6.0M7.1M12.0M7.5M
Interest Expense175.0K1.4M659.5K505.5K

Yerbae Brands fundamental ratios Correlations

0.84-0.820.930.870.990.591.00.930.221.0-0.54-0.970.690.740.880.80.66-0.570.7
0.84-0.990.970.590.830.320.860.97-0.160.8-0.88-0.930.380.950.970.960.92-0.320.33
-0.82-0.99-0.96-0.5-0.83-0.34-0.84-0.970.26-0.780.870.91-0.4-0.91-0.94-0.93-0.870.34-0.35
0.930.97-0.960.680.920.470.941.0-0.070.9-0.76-0.980.550.870.950.910.81-0.460.52
0.870.59-0.50.680.830.490.840.670.610.89-0.27-0.780.580.560.70.620.51-0.470.61
0.990.83-0.830.920.830.611.00.930.180.99-0.52-0.960.710.730.870.790.63-0.590.72
0.590.32-0.340.470.490.610.610.460.490.610.15-0.590.980.340.450.41-0.03-1.00.96
1.00.86-0.840.940.841.00.610.940.190.99-0.55-0.980.70.760.890.820.66-0.590.71
0.930.97-0.971.00.670.930.460.94-0.080.9-0.78-0.980.540.890.960.920.82-0.450.51
0.22-0.160.26-0.070.610.180.490.19-0.080.280.49-0.120.46-0.020.060.02-0.2-0.480.49
1.00.8-0.780.90.890.990.610.990.90.28-0.48-0.950.710.70.850.770.62-0.580.72
-0.54-0.880.87-0.76-0.27-0.520.15-0.55-0.780.49-0.480.650.1-0.82-0.77-0.8-0.95-0.140.14
-0.97-0.930.91-0.98-0.78-0.96-0.59-0.98-0.98-0.12-0.950.65-0.66-0.86-0.95-0.9-0.750.58-0.64
0.690.38-0.40.550.580.710.980.70.540.460.710.1-0.660.340.490.420.01-0.970.99
0.740.95-0.910.870.560.730.340.760.89-0.020.7-0.82-0.860.340.971.00.91-0.360.27
0.880.97-0.940.950.70.870.450.890.960.060.85-0.77-0.950.490.970.990.88-0.460.44
0.80.96-0.930.910.620.790.410.820.920.020.77-0.8-0.90.421.00.990.89-0.420.36
0.660.92-0.870.810.510.63-0.030.660.82-0.20.62-0.95-0.750.010.910.880.890.03-0.03
-0.57-0.320.34-0.46-0.47-0.59-1.0-0.59-0.45-0.48-0.58-0.140.58-0.97-0.36-0.46-0.420.03-0.94
0.70.33-0.350.520.610.720.960.710.510.490.720.14-0.640.990.270.440.36-0.03-0.94
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Yerbae Brands Account Relationship Matchups

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Other Information on Investing in Yerbae Stock

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