Yancoal Net Receivables vs Intangible Assets Analysis

YAL Stock   6.26  0.09  1.42%   
Yancoal Australia financial indicator trend analysis is more than just analyzing Yancoal Australia current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yancoal Australia is a good investment. Please check the relationship between Yancoal Australia Net Receivables and its Intangible Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yancoal Australia. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Receivables vs Intangible Assets

Net Receivables vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yancoal Australia Net Receivables account and Intangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Yancoal Australia's Net Receivables and Intangible Assets is 0.48. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Yancoal Australia, assuming nothing else is changed. The correlation between historical values of Yancoal Australia's Net Receivables and Intangible 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 Net Receivables of Yancoal Australia are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Net Receivables i.e., Yancoal Australia's Net Receivables and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Net Receivables

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Yancoal Australia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yancoal Australia 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 Yancoal Australia. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is likely to gain to about 802.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 479 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.7B7.5B4.6B4.8B
Depreciation And Amortization849M906M881M558.1M

Yancoal Australia fundamental ratios Correlations

0.590.640.790.690.090.930.680.090.130.88-0.140.69-0.020.620.460.790.94-0.810.4-0.380.640.52-0.460.580.16
0.590.740.550.50.330.720.82-0.16-0.250.62-0.020.430.00.210.360.460.43-0.390.33-0.440.380.35-0.560.360.06
0.640.740.610.360.370.690.73-0.23-0.310.53-0.010.57-0.170.210.650.560.6-0.330.42-0.470.520.63-0.550.60.37
0.790.550.610.820.470.850.75-0.37-0.430.8-0.590.94-0.290.150.550.960.79-0.670.79-0.80.790.78-0.840.770.6
0.690.50.360.820.320.770.56-0.17-0.280.76-0.610.740.00.280.340.80.6-0.670.52-0.580.550.57-0.620.510.31
0.090.330.370.470.320.210.45-0.63-0.70.21-0.680.58-0.36-0.270.160.290.140.090.38-0.810.220.39-0.780.290.6
0.930.720.690.850.770.210.82-0.1-0.140.93-0.180.73-0.150.370.530.840.89-0.720.54-0.540.740.57-0.620.70.29
0.680.820.730.750.560.450.82-0.46-0.450.78-0.150.68-0.340.050.630.680.64-0.430.67-0.670.630.63-0.780.680.47
0.09-0.16-0.23-0.37-0.17-0.63-0.1-0.460.83-0.080.42-0.520.490.59-0.57-0.31-0.08-0.26-0.650.72-0.44-0.510.72-0.56-0.85
0.13-0.25-0.31-0.43-0.28-0.7-0.14-0.450.83-0.120.51-0.470.50.73-0.39-0.340.04-0.21-0.650.78-0.4-0.560.76-0.53-0.76
0.880.620.530.80.760.210.930.78-0.08-0.12-0.190.64-0.140.340.480.790.81-0.680.48-0.510.690.45-0.590.630.22
-0.14-0.02-0.01-0.59-0.61-0.68-0.18-0.150.420.51-0.19-0.690.190.11-0.04-0.5-0.170.25-0.490.69-0.24-0.470.62-0.23-0.54
0.690.430.570.940.740.580.730.68-0.52-0.470.64-0.69-0.380.120.590.890.75-0.540.79-0.840.730.82-0.850.750.74
-0.020.0-0.17-0.290.0-0.36-0.15-0.340.490.5-0.140.19-0.380.36-0.38-0.28-0.19-0.16-0.510.54-0.48-0.350.52-0.52-0.59
0.620.210.210.150.28-0.270.370.050.590.730.340.110.120.36-0.010.170.48-0.55-0.290.27-0.01-0.070.22-0.11-0.42
0.460.360.650.550.340.160.530.63-0.57-0.390.48-0.040.59-0.38-0.010.580.56-0.20.58-0.480.660.67-0.540.760.61
0.790.460.560.960.80.290.840.68-0.31-0.340.79-0.50.89-0.280.170.580.81-0.640.81-0.690.880.76-0.730.840.59
0.940.430.60.790.60.140.890.64-0.080.040.81-0.170.75-0.190.480.560.81-0.710.48-0.470.740.58-0.510.70.36
-0.81-0.39-0.33-0.67-0.670.09-0.72-0.43-0.26-0.21-0.680.25-0.54-0.16-0.55-0.2-0.64-0.71-0.320.21-0.33-0.420.27-0.260.03
0.40.330.420.790.520.380.540.67-0.65-0.650.48-0.490.79-0.51-0.290.580.810.48-0.32-0.720.750.81-0.760.80.82
-0.38-0.44-0.47-0.8-0.58-0.81-0.54-0.670.720.78-0.510.69-0.840.540.27-0.48-0.69-0.470.21-0.72-0.67-0.690.99-0.7-0.77
0.640.380.520.790.550.220.740.63-0.44-0.40.69-0.240.73-0.48-0.010.660.880.74-0.330.75-0.670.62-0.70.960.65
0.520.350.630.780.570.390.570.63-0.51-0.560.45-0.470.82-0.35-0.070.670.760.58-0.420.81-0.690.62-0.720.760.76
-0.46-0.56-0.55-0.84-0.62-0.78-0.62-0.780.720.76-0.590.62-0.850.520.22-0.54-0.73-0.510.27-0.760.99-0.7-0.72-0.73-0.75
0.580.360.60.770.510.290.70.68-0.56-0.530.63-0.230.75-0.52-0.110.760.840.7-0.260.8-0.70.960.76-0.730.77
0.160.060.370.60.310.60.290.47-0.85-0.760.22-0.540.74-0.59-0.420.610.590.360.030.82-0.770.650.76-0.750.77
Click cells to compare fundamentals

Yancoal Australia Account Relationship Matchups

Yancoal Australia fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.1B11.1B12.3B13.4B11.8B9.4B
Other Current Liab458M289M302M1.8B461M407.9M
Total Current Liabilities2.1B1.2B826M2.5B1.0B1.0B
Total Stockholder Equity6.2B5.2B6.1B8.0B8.4B8.9B
Other Liab587M954M1.5B1.6B1.9B1.9B
Retained Earnings163M(1.2B)(366M)1.6B2B2.1B
Accounts Payable387M414M458M669M543M324.3M
Cash962M637M1.5B2.7B1.4B714.9M
Other Assets1.4B437M447M7M8.1M7.6M
Long Term Debt2.2B3.6B3.3B625M718.8M682.8M
Net Receivables397M304M730M756M684M395.6M
Inventory261M312M264M330M416M436.8M
Other Current Assets153M90M42M25M36M34.2M
Total Liab4.9B5.9B6.2B5.3B3.4B5.6B
Intangible Assets97M135M138M133M71M67.5M
Property Plant Equipment7.5B8.9B8.4B8.1B9.3B5.9B
Short Long Term Debt Total3.5B4.2B3.4B673M146M138.7M
Property Plant And Equipment Net7.0B8.2B7.8B7.9B7.6B7.2B
Current Deferred Revenue(17M)(13M)445M276M317.4M333.3M
Net Debt2.5B3.6B1.9B(2.0B)(1.3B)(1.2B)
Non Current Assets Total9.3B9.7B9.8B9.6B9.3B8.2B
Non Currrent Assets Other571M724M491M222M1.1B1.1B
Cash And Short Term Investments962M637M1.5B2.7B1.4B884.1M
Liabilities And Stockholders Equity11.1B11.1B12.3B13.4B11.8B11.2B
Non Current Liabilities Total2.8B4.7B5.4B2.8B2.3B3.3B
Property Plant And Equipment Gross7.5B8.9B11.8B14.1B12.0B8.6B
Total Current Assets1.8B1.3B2.5B3.8B2.5B1.9B
Accumulated Other Comprehensive Income(221M)(134M)(188M)(264M)(258M)(270.9M)
Short Term Debt1.3B496M66M48M44M41.8M
Net Tangible Assets6.1B5.1B6.0B7.9B9.1B4.6B
Other Stockholder Equity(221M)129M291M(253M)(21M)(20.0M)
Long Term Investments273M257M303M413M431M241.0M
Long Term Debt Total2.2B3.7B3.4B625M562.5M534.4M
Capital Lease Obligations94M121M131M184M102M109.5M
Net Invested Capital9.6B9.3B9.4B8.7B8.5B7.4B

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