17 Education Property Plant Equipment vs Net Receivables Analysis
YQ Stock | USD 1.92 0.09 4.48% |
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 Property Plant Equipment and its Net Receivables 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.
Property Plant Equipment vs Net Receivables
Property Plant Equipment vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 17 Education Technology Property Plant Equipment account and Net Receivables. At this time, the significance of the direction appears to have very week relationship.
The correlation between 17 Education's Property Plant Equipment and Net Receivables is 0.25. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Net Receivables 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 Property Plant Equipment and Net Receivables 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 Equipment of 17 Education Technology are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Property Plant Equipment i.e., 17 Education's Property Plant Equipment and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.25 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Property Plant Equipment
Net Receivables
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 12/01/2024, Sales General And Administrative To Revenue is likely to grow to 0.95, though Enterprise Value is likely to grow to (147.1 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.3B | 324.9M | 80.7M | 76.7M | Total Revenue | 2.2B | 531.1M | 171.0M | 162.4M |
17 Education fundamental ratios Correlations
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17 Education Account Relationship Matchups
High Positive Relationship
High Negative Relationship
17 Education fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 918.3M | 3.4B | 1.6B | 980.5M | 684.5M | 1.3B | |
Other Current Liab | 7.8M | 1.1B | 627.2M | 193.4M | 126.8M | 120.5M | |
Total Current Liabilities | 680.7M | 1.2B | 683.1M | 214.1M | 180.6M | 171.6M | |
Accounts Payable | 301.3M | 516.9M | 386.7M | 127.8M | 146.9M | 211.6M | |
Cash | 653.9M | 2.8B | 1.2B | 707.9M | 306.9M | 291.6M | |
Other Assets | 16.9M | 37.8M | 13.9M | 4.8M | 5.5M | 5.2M | |
Other Current Assets | 1.3M | 200.4M | 151.9M | 145.1M | 90.9M | 81.9M | |
Total Liab | 5.4B | 1.3B | 783.4M | 221.7M | 190.3M | 180.7M | |
Common Stock | 37K | 313K | 331K | 317K | 343K | 363.7K | |
Property Plant Equipment | 143.8M | 305.4M | 223.8M | 62.3M | 71.7M | 130.1M | |
Short Long Term Debt Total | 149.4M | 187.5M | 147.2M | 26.3M | 17.3M | 16.4M | |
Total Stockholder Equity | (4.5B) | 2.1B | 797.0M | 758.9M | 494.3M | 519.0M | |
Net Tangible Assets | (4.5B) | 2.1B | 797.0M | 758.9M | 872.7M | 916.3M | |
Property Plant And Equipment Net | 145.4M | 305.4M | 223.8M | 62.3M | 52.0M | 49.4M | |
Current Deferred Revenue | 243.5M | 596.3M | 243.9M | 42.4M | 44.9M | 42.7M | |
Net Debt | (504.4M) | (2.6B) | (1.0B) | (681.6M) | (289.6M) | (304.1M) | |
Retained Earnings | (4.6B) | (8.6B) | (10.1B) | (10.3B) | (10.6B) | (11.1B) | |
Non Current Assets Total | 160.7M | 343.2M | 237.7M | 67.1M | 53.8M | 51.1M | |
Non Currrent Assets Other | 15.2M | 37.8M | 13.9M | 4.8M | (2.1M) | (2.0M) | |
Cash And Short Term Investments | 653.9M | 2.8B | 1.2B | 727.4M | 480.6M | 953.4M | |
Net Receivables | 14.3M | 7.4M | 23.1M | 34.8M | 59.2M | 62.2M | |
Short Term Investments | 1.8M | 11.2M | 10.0M | 19.5M | 169.8M | 178.2M | |
Liabilities And Stockholders Equity | 918.3M | 3.4B | 1.6B | 980.5M | 684.5M | 1.2B | |
Non Current Liabilities Total | 4.7B | 120.1M | 100.3M | 7.5M | 9.7M | 9.2M | |
Capital Lease Obligations | 64.4M | 187.5M | 147.2M | 26.3M | 17.3M | 16.4M | |
Inventory | 88.2M | (7.2M) | (23.1M) | 10.2M | 89.9M | 94.4M | |
Net Invested Capital | (4.4B) | 2.1B | 797.0M | 758.9M | 494.3M | 519.0M | |
Property Plant And Equipment Gross | 145.4M | 325.2M | 223.8M | 62.3M | 139.1M | 131.9M | |
Total Current Assets | 757.6M | 3.0B | 1.3B | 913.4M | 630.7M | 1.1B | |
Accumulated Other Comprehensive Income | 88.2M | 49.6M | 18.7M | 62.7M | 77.4M | 52.9M | |
Capital Stock | 54.3M | 313K | 331K | 317K | 343K | 325.9K | |
Net Working Capital | 76.9M | 1.8B | 659.7M | 699.2M | 450.1M | 632.1M | |
Short Term Debt | 128.2M | 69.4M | 46.9M | 18.7M | 7.6M | 7.3M |
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.