17 Education Non Current Assets Total vs Total Revenue Analysis

YQ Stock  USD 2.91  0.11  3.93%   
17 Education financial indicator trend analysis is way more than just evaluating 17 Education Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 17 Education Technology is a good investment. Please check the relationship between 17 Education Non Current Assets Total and its Total Revenue accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in 17 Education Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.

Non Current Assets Total vs Total Revenue

Non Current Assets Total vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 17 Education Technology Non Current Assets Total account and Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between 17 Education's Non Current Assets Total and Total Revenue is 0.75. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Revenue in the same time period over historical financial statements of 17 Education Technology, assuming nothing else is changed. The correlation between historical values of 17 Education's Non Current Assets Total and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of 17 Education Technology are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Non Current Assets Total i.e., 17 Education's Non Current Assets Total and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Revenue

Total revenue comprises all receipts 17 Education Technology generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from 17 Education's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 17 Education Technology 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 17 Education Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.
At this time, 17 Education's Selling General Administrative is relatively stable compared to the past year. As of 05/23/2024, Sales General And Administrative To Revenue is likely to grow to 1.31, though Enterprise Value is likely to grow to (147.1 M).
 2021 2022 2023 2024 (projected)
Gross Profit1.3B324.9M80.7M76.7M
Total Revenue2.2B531.1M171.0M162.4M

17 Education fundamental ratios Correlations

0.250.920.870.970.950.660.680.790.380.68-0.660.950.690.720.660.70.740.81-0.4-0.610.730.560.530.20.64
0.250.07-0.130.310.150.360.30.150.430.3-0.370.06-0.160.06-0.010.04-0.13-0.13-0.01-0.02-0.13-0.04-0.06-0.050.01
0.920.070.930.930.980.620.570.770.510.57-0.590.960.90.530.530.510.880.92-0.42-0.470.870.70.50.020.47
0.87-0.130.930.810.870.620.640.780.320.64-0.610.970.820.680.730.670.780.83-0.21-0.690.770.50.340.290.68
0.970.310.930.810.960.60.550.810.420.55-0.570.90.750.610.50.590.820.87-0.55-0.450.820.70.63-0.010.49
0.950.150.980.870.960.610.570.720.520.57-0.590.930.840.520.490.50.840.92-0.49-0.420.840.720.580.00.44
0.660.360.620.620.60.610.950.490.480.95-0.970.660.370.530.650.540.290.360.17-0.640.280.05-0.110.450.61
0.680.30.570.640.550.570.950.430.431.0-0.980.680.280.60.740.610.210.30.27-0.730.19-0.06-0.140.610.7
0.790.150.770.780.810.720.490.43-0.010.43-0.420.770.650.780.620.740.760.73-0.46-0.610.740.560.50.070.63
0.380.430.510.320.420.520.480.43-0.010.43-0.530.410.47-0.25-0.05-0.250.250.310.070.080.250.25-0.08-0.14-0.15
0.680.30.570.640.550.570.951.00.430.43-0.980.680.280.60.740.610.210.30.27-0.730.19-0.06-0.140.610.7
-0.66-0.37-0.59-0.61-0.57-0.59-0.97-0.98-0.42-0.53-0.98-0.66-0.34-0.48-0.62-0.49-0.25-0.33-0.20.61-0.23-0.020.11-0.46-0.58
0.950.060.960.970.90.930.660.680.770.410.68-0.660.80.680.70.670.790.83-0.28-0.650.780.520.420.240.66
0.69-0.160.90.820.750.840.370.280.650.470.28-0.340.80.240.230.210.940.92-0.5-0.170.940.810.53-0.280.16
0.720.060.530.680.610.520.530.60.78-0.250.6-0.480.680.240.921.00.380.42-0.09-0.910.360.090.230.610.95
0.66-0.010.530.730.50.490.650.740.62-0.050.74-0.620.70.230.920.930.240.320.24-0.990.21-0.11-0.070.810.99
0.70.040.510.670.590.50.540.610.74-0.250.61-0.490.670.211.00.930.340.39-0.05-0.920.320.050.20.650.96
0.74-0.130.880.780.820.840.290.210.760.250.21-0.250.790.940.380.240.340.95-0.71-0.181.00.890.74-0.330.22
0.81-0.130.920.830.870.920.360.30.730.310.3-0.330.830.920.420.320.390.95-0.68-0.250.960.890.75-0.220.29
-0.4-0.01-0.42-0.21-0.55-0.490.170.27-0.460.070.27-0.2-0.28-0.5-0.090.24-0.05-0.71-0.68-0.29-0.73-0.9-0.960.680.2
-0.61-0.02-0.47-0.69-0.45-0.42-0.64-0.73-0.610.08-0.730.61-0.65-0.17-0.91-0.99-0.92-0.18-0.25-0.29-0.150.180.13-0.83-0.99
0.73-0.130.870.770.820.840.280.190.740.250.19-0.230.780.940.360.210.321.00.96-0.73-0.150.910.76-0.360.19
0.56-0.040.70.50.70.720.05-0.060.560.25-0.06-0.020.520.810.09-0.110.050.890.89-0.90.180.910.87-0.63-0.13
0.53-0.060.50.340.630.58-0.11-0.140.5-0.08-0.140.110.420.530.23-0.070.20.740.75-0.960.130.760.87-0.51-0.03
0.2-0.050.020.29-0.010.00.450.610.07-0.140.61-0.460.24-0.280.610.810.65-0.33-0.220.68-0.83-0.36-0.63-0.510.81
0.640.010.470.680.490.440.610.70.63-0.150.7-0.580.660.160.950.990.960.220.290.2-0.990.19-0.13-0.030.81
Click cells to compare fundamentals

17 Education Account Relationship Matchups

17 Education fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets918.3M3.4B1.6B980.5M684.5M1.3B
Other Current Liab7.8M22.9M5.6M153.0M225K213.8K
Total Current Liabilities680.7M1.2B683.1M214.1M180.6M171.6M
Accounts Payable301.3M516.9M386.7M127.8M146.9M211.6M
Cash653.9M2.8B1.2B707.9M306.9M291.6M
Other Assets16.9M37.8M13.9M4.8M5.5M5.2M
Other Current Assets1.3M211.4M161.8M140.9M4.4M4.2M
Total Liab5.4B1.3B783.4M221.7M190.3M180.7M
Common Stock37K313K331K317K343K363.7K
Property Plant Equipment143.8M305.4M223.8M62.3M71.7M130.1M
Short Long Term Debt Total149.4M187.5M147.2M26.3M17.3M16.4M
Total Stockholder Equity(4.5B)2.1B797.0M758.9M494.3M519.0M
Net Tangible Assets(4.5B)2.1B797.0M758.9M872.7M916.3M
Property Plant And Equipment Net145.4M305.4M223.8M62.3M52.0M49.4M
Current Deferred Revenue243.5M596.3M243.9M42.4M44.9M42.7M
Net Debt(504.4M)(2.6B)(1.0B)(681.6M)(289.6M)(304.1M)
Retained Earnings(4.6B)(8.6B)(10.1B)(10.3B)(10.6B)(11.1B)
Non Current Assets Total160.7M343.2M237.7M67.1M53.8M51.1M
Non Currrent Assets Other15.2M37.8M13.9M4.8M(2.2M)(2.0M)
Cash And Short Term Investments653.9M2.8B1.2B727.4M476.7M952.9M
Net Receivables14.3M7.4M23.1M34.8M59.7M62.7M
Short Term Investments1.8M11.2M10.0M19.5M169.8M178.2M
Liabilities And Stockholders Equity918.3M3.4B1.6B980.5M684.5M1.2B
Non Current Liabilities Total4.7B120.1M100.3M7.5M9.7M9.2M
Capital Lease Obligations64.4M187.5M147.2M26.3M17.3M16.4M
Inventory88.2M(7.2M)(23.1M)10.2M89.9M94.4M
Net Invested Capital(4.4B)2.1B797.0M758.9M494.3M519.0M
Property Plant And Equipment Gross145.4M325.2M223.8M62.3M139.1M131.9M
Total Current Assets757.6M3.0B1.3B913.4M630.7M1.1B
Accumulated Other Comprehensive Income88.2M49.6M18.7M62.7M77.4M52.9M
Capital Stock54.3M313K331K317K343K325.9K
Net Working Capital76.9M1.8B659.7M699.2M450.1M632.1M
Short Term Debt128.2M69.4M46.9M18.7M7.6M7.3M

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When determining whether 17 Education Technology is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if 17 Education Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about 17 Education Technology Stock. Highlighted below are key reports to facilitate an investment decision about 17 Education Technology Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in 17 Education Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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Is 17 Education's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 17 Education. If investors know 17 Education will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 17 Education listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.79)
Revenue Per Share
18.638
Quarterly Revenue Growth
0.197
Return On Assets
(0.26)
Return On Equity
(0.50)
The market value of 17 Education Technology is measured differently than its book value, which is the value of 17 Education that is recorded on the company's balance sheet. Investors also form their own opinion of 17 Education's value that differs from its market value or its book value, called intrinsic value, which is 17 Education's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 17 Education's market value can be influenced by many factors that don't directly affect 17 Education's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 17 Education's value and its price as these two are different measures arrived at by different means. Investors typically determine if 17 Education is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 17 Education's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.