Yancoal Other Assets vs Common Stock 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 Other Assets and its Common Stock 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.
Other Assets vs Common Stock
Other Assets vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yancoal Australia Other Assets account and Common Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Yancoal Australia's Other Assets and Common Stock is -0.31. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Common Stock 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 Other Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Yancoal Australia are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Other Assets i.e., Yancoal Australia's Other Assets and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.31 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Assets
Common Stock
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 Profit | 2.7B | 7.5B | 4.6B | 4.8B | Depreciation And Amortization | 849M | 906M | 881M | 558.1M |
Yancoal Australia fundamental ratios Correlations
Click cells to compare fundamentals
Yancoal Australia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Yancoal Australia fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 11.1B | 11.1B | 12.3B | 13.4B | 11.8B | 9.4B | |
Other Current Liab | 458M | 289M | 302M | 1.8B | 461M | 407.9M | |
Total Current Liabilities | 2.1B | 1.2B | 826M | 2.5B | 1.0B | 1.0B | |
Total Stockholder Equity | 6.2B | 5.2B | 6.1B | 8.0B | 8.4B | 8.9B | |
Other Liab | 587M | 954M | 1.5B | 1.6B | 1.9B | 1.9B | |
Retained Earnings | 163M | (1.2B) | (366M) | 1.6B | 2B | 2.1B | |
Accounts Payable | 387M | 414M | 458M | 669M | 543M | 324.3M | |
Cash | 962M | 637M | 1.5B | 2.7B | 1.4B | 714.9M | |
Other Assets | 1.4B | 437M | 447M | 7M | 8.1M | 7.6M | |
Long Term Debt | 2.2B | 3.6B | 3.3B | 625M | 718.8M | 682.8M | |
Net Receivables | 397M | 304M | 730M | 756M | 684M | 395.6M | |
Inventory | 261M | 312M | 264M | 330M | 416M | 436.8M | |
Other Current Assets | 153M | 90M | 42M | 25M | 36M | 34.2M | |
Total Liab | 4.9B | 5.9B | 6.2B | 5.3B | 3.4B | 5.6B | |
Intangible Assets | 97M | 135M | 138M | 133M | 71M | 67.5M | |
Property Plant Equipment | 7.5B | 8.9B | 8.4B | 8.1B | 9.3B | 5.9B | |
Short Long Term Debt Total | 3.5B | 4.2B | 3.4B | 673M | 146M | 138.7M | |
Property Plant And Equipment Net | 7.0B | 8.2B | 7.8B | 7.9B | 7.6B | 7.2B | |
Current Deferred Revenue | (17M) | (13M) | 445M | 276M | 317.4M | 333.3M | |
Net Debt | 2.5B | 3.6B | 1.9B | (2.0B) | (1.3B) | (1.2B) | |
Non Current Assets Total | 9.3B | 9.7B | 9.8B | 9.6B | 9.3B | 8.2B | |
Non Currrent Assets Other | 571M | 724M | 491M | 222M | 1.1B | 1.1B | |
Cash And Short Term Investments | 962M | 637M | 1.5B | 2.7B | 1.4B | 884.1M | |
Liabilities And Stockholders Equity | 11.1B | 11.1B | 12.3B | 13.4B | 11.8B | 11.2B | |
Non Current Liabilities Total | 2.8B | 4.7B | 5.4B | 2.8B | 2.3B | 3.3B | |
Property Plant And Equipment Gross | 7.5B | 8.9B | 11.8B | 14.1B | 12.0B | 8.6B | |
Total Current Assets | 1.8B | 1.3B | 2.5B | 3.8B | 2.5B | 1.9B | |
Accumulated Other Comprehensive Income | (221M) | (134M) | (188M) | (264M) | (258M) | (270.9M) | |
Short Term Debt | 1.3B | 496M | 66M | 48M | 44M | 41.8M | |
Net Tangible Assets | 6.1B | 5.1B | 6.0B | 7.9B | 9.1B | 4.6B | |
Other Stockholder Equity | (221M) | 129M | 291M | (253M) | (21M) | (20.0M) | |
Long Term Investments | 273M | 257M | 303M | 413M | 431M | 241.0M | |
Long Term Debt Total | 2.2B | 3.7B | 3.4B | 625M | 562.5M | 534.4M | |
Capital Lease Obligations | 94M | 121M | 131M | 184M | 102M | 109.5M | |
Net Invested Capital | 9.6B | 9.3B | 9.4B | 8.7B | 8.5B | 7.4B |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Yancoal Stock Analysis
When running Yancoal Australia's price analysis, check to measure Yancoal Australia'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 Yancoal Australia is operating at the current time. Most of Yancoal Australia's value examination focuses on studying past and present price action to predict the probability of Yancoal Australia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yancoal Australia's price. Additionally, you may evaluate how the addition of Yancoal Australia to your portfolios can decrease your overall portfolio volatility.