300096 Stock | | | 3.93 0.03 0.77% |
YLZ Information financial indicator trend analysis is more than just analyzing YLZ Information Tech current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether YLZ Information Tech is a good investment. Please check the relationship between YLZ Information Intangible Assets and its Total Current Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in YLZ Information Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Intangible Assets vs Total Current Assets
Intangible Assets vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
YLZ Information Tech Intangible Assets account and
Total Current Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between YLZ Information's Intangible Assets and Total Current Assets is 0.39. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of YLZ Information Tech, assuming nothing else is changed. The correlation between historical values of YLZ Information's Intangible Assets and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of YLZ Information Tech are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Intangible Assets i.e., YLZ Information's Intangible Assets and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.39 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from YLZ Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into YLZ Information Tech 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in YLZ Information Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
The current year's
Tax Provision is expected to grow to about 32
M, whereas
Selling General Administrative is forecasted to decline to about 112.2
M.
YLZ Information fundamental ratios Correlations
Click cells to compare fundamentals
YLZ Information Account Relationship Matchups
High Positive Relationship
High Negative Relationship
YLZ Information fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in YLZ Stock
Balance Sheet is a snapshot of the
financial position of YLZ Information Tech at a specified time, usually calculated after every quarter, six months, or one year. YLZ Information Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of YLZ Information 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 YLZ currently owns. An asset can also be divided into two categories, current and non-current.