Yoantion Net Invested Capital vs Non Current Liabilities Total Analysis
301053 Stock | 20.27 1.39 6.42% |
Yoantion Industrial financial indicator trend analysis is more than just analyzing Yoantion Industrial current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yoantion Industrial is a good investment. Please check the relationship between Yoantion Industrial Net Invested Capital and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Yoantion Industrial IncLtd. 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.
Net Invested Capital vs Non Current Liabilities Total
Net Invested Capital vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yoantion Industrial Net Invested Capital account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Yoantion Industrial's Net Invested Capital and Non Current Liabilities Total is 0.69. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Yoantion Industrial IncLtd, assuming nothing else is changed. The correlation between historical values of Yoantion Industrial's Net Invested Capital and Non Current Liabilities Total 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 Invested Capital of Yoantion Industrial IncLtd are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Net Invested Capital i.e., Yoantion Industrial's Net Invested Capital and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Non Current Liabilities Total
Most indicators from Yoantion Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yoantion Industrial 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 Yoantion Industrial IncLtd. 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. As of December 24, 2024, Tax Provision is expected to decline to about 2.2 M. In addition to that, Selling General Administrative is expected to decline to about 38.1 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 489.2K | 934.4K | 926.2K | 801.9K | Interest Income | 3.6M | 6.1M | 3.8M | 3.4M |
Yoantion Industrial fundamental ratios Correlations
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Yoantion Industrial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Balance Sheet is a snapshot of the financial position of Yoantion Industrial at a specified time, usually calculated after every quarter, six months, or one year. Yoantion Industrial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Yoantion Industrial 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 Yoantion currently owns. An asset can also be divided into two categories, current and non-current.