| YQ Stock | | | USD 1.92 0.07 3.52% |
17 Education financial indicator trend analysis is way more than just evaluating 17 Education Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 17 Education Technology is a good investment. Please check the relationship between 17 Education Cash And Short Term Investments and its Total Stockholder Equity accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in 17 Education Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in producer price index.
Cash And Short Term Investments vs Total Stockholder Equity
Cash And Short Term Investments vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
17 Education Technology Cash And Short Term Investments account and
Total Stockholder Equity. At this time, the significance of the direction appears to have no relationship.
The correlation between 17 Education's Cash And Short Term Investments and Total Stockholder Equity is 0.03. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of 17 Education Technology, assuming nothing else is changed. The correlation between historical values of 17 Education's Cash And Short Term Investments and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of 17 Education Technology are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Cash And Short Term Investments i.e., 17 Education's Cash And Short Term Investments and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.03 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of 17 Education Technology balance sheet. This account contains 17 Education investments that will expire within one year. These investments include stocks and bonds that can be liquidated by 17 Education Technology fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from 17 Education's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 17 Education Technology 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 17 Education Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in producer price index.
At this time, 17 Education's
Selling General Administrative is relatively stable compared to the past year. As of 03/01/2025,
Enterprise Value Multiple is likely to grow to 0.45, while
Sales General And Administrative To Revenue is likely to drop 0.41.
17 Education fundamental ratios Correlations
Click cells to compare fundamentals
17 Education Account Relationship Matchups
High Positive Relationship
High Negative Relationship
17 Education fundamental ratios Accounts
Additional Tools for 17 Education Stock Analysis
When running 17 Education's price analysis, check to
measure 17 Education'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 17 Education is operating at the current time. Most of 17 Education's value examination focuses on studying past and present price action to
predict the probability of 17 Education's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 17 Education's price. Additionally, you may evaluate how the addition of 17 Education to your portfolios can decrease your overall portfolio volatility.