Ynvisible Capex To Depreciation vs Days Sales Outstanding Analysis

YNV Stock  CAD 0.13  0.01  7.14%   
Ynvisible Interactive financial indicator trend analysis is more than just analyzing Ynvisible Interactive current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ynvisible Interactive is a good investment. Please check the relationship between Ynvisible Interactive Capex To Depreciation and its Days Sales Outstanding accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Ynvisible Interactive. 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.

Capex To Depreciation vs Days Sales Outstanding

Capex To Depreciation vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ynvisible Interactive Capex To Depreciation account and Days Sales Outstanding. At this time, the significance of the direction appears to have weak relationship.
The correlation between Ynvisible Interactive's Capex To Depreciation and Days Sales Outstanding is 0.36. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Ynvisible Interactive, assuming nothing else is changed. The correlation between historical values of Ynvisible Interactive's Capex To Depreciation and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Ynvisible Interactive are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Capex To Depreciation i.e., Ynvisible Interactive's Capex To Depreciation and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Days Sales Outstanding

Most indicators from Ynvisible Interactive's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ynvisible Interactive 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 Ynvisible Interactive. 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.
At this time, Ynvisible Interactive's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to climb to about 4.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 3.7 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit366.0K401.2K425.2K336.9K
Reconciled Depreciation702.6K627.4K609.1K470.9K

Ynvisible Interactive fundamental ratios Correlations

-0.170.60.99-0.820.82-0.850.80.980.74-0.69-0.660.930.570.70.680.980.840.83-0.270.920.871.0-0.850.980.77
-0.17-0.18-0.23-0.080.130.08-0.35-0.230.010.090.140.06-0.080.23-0.13-0.210.01-0.01-0.06-0.04-0.04-0.18-0.02-0.19-0.13
0.6-0.180.53-0.530.65-0.630.830.490.76-0.94-0.940.720.60.830.880.510.770.71-0.270.660.70.58-0.750.510.77
0.99-0.230.53-0.770.76-0.820.750.990.67-0.62-0.60.880.530.610.611.00.780.78-0.250.880.821.0-0.790.990.71
-0.82-0.08-0.53-0.77-0.980.86-0.71-0.71-0.910.60.56-0.79-0.61-0.81-0.57-0.73-0.91-0.950.44-0.89-0.9-0.810.95-0.74-0.86
0.820.130.650.76-0.98-0.90.770.70.93-0.74-0.690.850.710.890.690.720.960.99-0.490.920.930.8-0.990.730.86
-0.850.08-0.63-0.820.86-0.9-0.86-0.79-0.740.780.76-0.88-0.86-0.75-0.74-0.81-0.96-0.930.64-0.96-0.91-0.860.92-0.83-0.76
0.8-0.350.830.75-0.710.77-0.860.720.77-0.9-0.90.830.80.780.910.730.890.84-0.340.890.910.78-0.860.740.83
0.98-0.230.490.99-0.710.7-0.790.720.59-0.59-0.570.870.510.560.581.00.730.72-0.240.850.770.99-0.741.00.66
0.740.010.760.67-0.910.93-0.740.770.59-0.75-0.710.760.550.920.730.610.880.93-0.240.810.890.71-0.940.610.92
-0.690.09-0.94-0.620.6-0.740.78-0.9-0.59-0.751.0-0.84-0.76-0.86-0.97-0.61-0.86-0.790.35-0.8-0.81-0.670.83-0.62-0.73
-0.660.14-0.94-0.60.56-0.690.76-0.9-0.57-0.711.0-0.81-0.76-0.83-0.97-0.59-0.83-0.760.35-0.77-0.78-0.650.79-0.6-0.7
0.930.060.720.88-0.790.85-0.880.830.870.76-0.84-0.810.720.850.830.890.910.85-0.340.950.910.92-0.890.90.76
0.57-0.080.60.53-0.610.71-0.860.80.510.55-0.76-0.760.720.630.750.530.810.76-0.690.810.760.58-0.740.550.52
0.70.230.830.61-0.810.89-0.750.780.560.92-0.86-0.830.850.630.840.580.90.87-0.270.820.890.67-0.920.590.86
0.68-0.130.880.61-0.570.69-0.740.910.580.73-0.97-0.970.830.750.840.60.810.74-0.20.80.830.65-0.790.610.69
0.98-0.210.511.0-0.730.72-0.810.731.00.61-0.61-0.590.890.530.580.60.750.74-0.250.870.790.99-0.761.00.67
0.840.010.770.78-0.910.96-0.960.890.730.88-0.86-0.830.910.810.90.810.750.98-0.550.960.950.83-0.980.770.87
0.83-0.010.710.78-0.950.99-0.930.840.720.93-0.79-0.760.850.760.870.740.740.98-0.530.930.940.82-0.990.750.87
-0.27-0.06-0.27-0.250.44-0.490.64-0.34-0.24-0.240.350.35-0.34-0.69-0.27-0.2-0.25-0.55-0.53-0.44-0.32-0.30.45-0.29-0.25
0.92-0.040.660.88-0.890.92-0.960.890.850.81-0.8-0.770.950.810.820.80.870.960.93-0.440.980.91-0.950.880.81
0.87-0.040.70.82-0.90.93-0.910.910.770.89-0.81-0.780.910.760.890.830.790.950.94-0.320.980.85-0.960.80.89
1.0-0.180.581.0-0.810.8-0.860.780.990.71-0.67-0.650.920.580.670.650.990.830.82-0.30.910.85-0.840.990.75
-0.85-0.02-0.75-0.790.95-0.990.92-0.86-0.74-0.940.830.79-0.89-0.74-0.92-0.79-0.76-0.98-0.990.45-0.95-0.96-0.84-0.77-0.9
0.98-0.190.510.99-0.740.73-0.830.741.00.61-0.62-0.60.90.550.590.611.00.770.75-0.290.880.80.99-0.770.67
0.77-0.130.770.71-0.860.86-0.760.830.660.92-0.73-0.70.760.520.860.690.670.870.87-0.250.810.890.75-0.90.67
Click cells to compare fundamentals

Ynvisible Interactive Account Relationship Matchups

Ynvisible Interactive fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.5M6.0M20.2M15.1M10.7M8.4M
Other Current Liab95.9K1.0M864.9K426.5K490.4K661.2K
Total Current Liabilities1.8M2.1M2.0M1.5M1.5M1.8M
Total Stockholder Equity4.0M3.6M18.1M13.6M9.0M6.7M
Net Tangible Assets(2.1M)230.7K3.7M3.1M3.5M3.7M
Retained Earnings(13.0M)(16.6M)(22.4M)(27.0M)(31.1M)(29.5M)
Accounts Payable514.8K578.5K1.2M1.1M1.2M776.0K
Cash2.1M1.8M16.1M11.8M7.4M5.6M
Non Current Assets Total3.6M3.6M2.7M2.3M2.0M2.1M
Other Assets637.015.1K24.8K17.6K15.8K15.0K
Net Receivables601.2K466.3K1.1M769.2K808.9K638.0K
Non Current Liabilities Total711.2K399.9K72.6K9.3K164.7K188.5K
Total Liab2.5M2.5M2.1M1.5M1.7M1.7M
Total Current Assets2.9M2.4M17.4M12.8M8.7M6.4M
Common Stock2.2M8.9M15.0M17.6M20.2M21.2M
Property Plant Equipment4.7K487.8K3.4M3.1M3.5M3.7M
Common Stock Shares Outstanding73.3M82.9M124.7M124.7M143.4M92.4M
Net Invested Capital4.0M3.6M18.1M13.6M9.0M7.4M
Net Working Capital1.1M371.9K15.4M11.3M7.2M5.3M
Intangible Assets198.2K424.4K316.2K244.3K177.4K232.2K
Capital Stock15.0M17.6M37.5M37.5M43.2M28.2M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Ynvisible Stock Analysis

When running Ynvisible Interactive's price analysis, check to measure Ynvisible Interactive'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 Ynvisible Interactive is operating at the current time. Most of Ynvisible Interactive's value examination focuses on studying past and present price action to predict the probability of Ynvisible Interactive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ynvisible Interactive's price. Additionally, you may evaluate how the addition of Ynvisible Interactive to your portfolios can decrease your overall portfolio volatility.