| YQ Stock | | | USD 1.87 0.05 2.60% |
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 Net Debt and its Cash 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.
Net Debt vs Cash
Net Debt vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
17 Education Technology Net Debt account and
Cash. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between 17 Education's Net Debt and Cash is -0.55. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash 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 Net Debt and Cash 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 Debt of 17 Education Technology are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Debt i.e., 17 Education's Net Debt and Cash go up and down completely randomly.
Correlation Coefficient | -0.55 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Cash
Cash refers to the most liquid asset of 17 Education Technology, which is listed under current asset account on 17 Education Technology balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from 17 Education customers. The amounts must be unrestricted with restricted cash listed in a different 17 Education account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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 12/02/2024,
Sales General And Administrative To Revenue is likely to grow to 0.95, though
Enterprise Value is likely to grow to (147.1
M).
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.