17 Education Non Currrent Assets Other vs Non Current Assets Total 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 Currrent Assets Other and its Non Current Assets Total 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 Currrent Assets Other vs Non Current Assets Total
Non Currrent Assets Other vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 17 Education Technology Non Currrent Assets Other account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between 17 Education's Non Currrent Assets Other and Non Current Assets Total is 0.91. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Non Current Assets Total 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 Currrent Assets Other and Non Current Assets 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 Non Currrent Assets Other of 17 Education Technology are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Non Currrent Assets Other i.e., 17 Education's Non Currrent Assets Other and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.91 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.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.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 05/22/2024, 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 Profit | 1.3B | 324.9M | 80.7M | 76.7M | Total Revenue | 2.2B | 531.1M | 171.0M | 162.4M |
17 Education fundamental ratios Correlations
Click cells to compare fundamentals
17 Education Account Relationship Matchups
High Positive Relationship
High Negative Relationship
17 Education fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 918.3M | 3.4B | 1.6B | 980.5M | 684.5M | 1.3B | |
| Other Current Liab | 7.8M | 22.9M | 5.6M | 153.0M | 225K | 213.8K | |
| Total Current Liabilities | 680.7M | 1.2B | 683.1M | 214.1M | 180.6M | 171.6M | |
| Accounts Payable | 301.3M | 516.9M | 386.7M | 127.8M | 146.9M | 211.6M | |
| Cash | 653.9M | 2.8B | 1.2B | 707.9M | 306.9M | 291.6M | |
| Other Assets | 16.9M | 37.8M | 13.9M | 4.8M | 5.5M | 5.2M | |
| Other Current Assets | 1.3M | 211.4M | 161.8M | 140.9M | 4.4M | 4.2M | |
| Total Liab | 5.4B | 1.3B | 783.4M | 221.7M | 190.3M | 180.7M | |
| Common Stock | 37K | 313K | 331K | 317K | 343K | 363.7K | |
| Property Plant Equipment | 143.8M | 305.4M | 223.8M | 62.3M | 71.7M | 130.1M | |
| Short Long Term Debt Total | 149.4M | 187.5M | 147.2M | 26.3M | 17.3M | 16.4M | |
| Total Stockholder Equity | (4.5B) | 2.1B | 797.0M | 758.9M | 494.3M | 519.0M | |
| Net Tangible Assets | (4.5B) | 2.1B | 797.0M | 758.9M | 872.7M | 916.3M | |
| Property Plant And Equipment Net | 145.4M | 305.4M | 223.8M | 62.3M | 52.0M | 49.4M | |
| Current Deferred Revenue | 243.5M | 596.3M | 243.9M | 42.4M | 44.9M | 42.7M | |
| 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 Total | 160.7M | 343.2M | 237.7M | 67.1M | 53.8M | 51.1M | |
| Non Currrent Assets Other | 15.2M | 37.8M | 13.9M | 4.8M | (2.2M) | (2.0M) | |
| Cash And Short Term Investments | 653.9M | 2.8B | 1.2B | 727.4M | 476.7M | 952.9M | |
| Net Receivables | 14.3M | 7.4M | 23.1M | 34.8M | 59.7M | 62.7M | |
| Short Term Investments | 1.8M | 11.2M | 10.0M | 19.5M | 169.8M | 178.2M | |
| Liabilities And Stockholders Equity | 918.3M | 3.4B | 1.6B | 980.5M | 684.5M | 1.2B | |
| Non Current Liabilities Total | 4.7B | 120.1M | 100.3M | 7.5M | 9.7M | 9.2M | |
| Capital Lease Obligations | 64.4M | 187.5M | 147.2M | 26.3M | 17.3M | 16.4M | |
| Inventory | 88.2M | (7.2M) | (23.1M) | 10.2M | 89.9M | 94.4M | |
| Net Invested Capital | (4.4B) | 2.1B | 797.0M | 758.9M | 494.3M | 519.0M | |
| Property Plant And Equipment Gross | 145.4M | 325.2M | 223.8M | 62.3M | 139.1M | 131.9M | |
| Total Current Assets | 757.6M | 3.0B | 1.3B | 913.4M | 630.7M | 1.1B | |
| Accumulated Other Comprehensive Income | 88.2M | 49.6M | 18.7M | 62.7M | 77.4M | 52.9M | |
| Capital Stock | 54.3M | 313K | 331K | 317K | 343K | 325.9K | |
| Net Working Capital | 76.9M | 1.8B | 659.7M | 699.2M | 450.1M | 632.1M | |
| Short Term Debt | 128.2M | 69.4M | 46.9M | 18.7M | 7.6M | 7.3M |
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Try AI Portfolio ArchitectCheck 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
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When running 17 Education's price analysis, check to measure 17 Education'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 17 Education is operating at the current time. Most of 17 Education's value examination focuses on studying past and present price action to predict the probability of 17 Education's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 17 Education's price. Additionally, you may evaluate how the addition of 17 Education to your portfolios can decrease your overall portfolio volatility.
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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.