17 Education Other Liab vs Intangible Assets Analysis

YQ Stock  USD 2.53  0.34  11.85%   
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 Other Liab and its Intangible Assets 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.

Other Liab vs Intangible Assets

Other Liab vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 17 Education Technology Other Liab account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between 17 Education's Other Liab and Intangible Assets is 0.74. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Intangible Assets 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 Other Liab 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 Other Liab of 17 Education Technology 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 Other Liab i.e., 17 Education's Other Liab and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Liab

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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 06/03/2024, 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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Additional Tools for 17 Education Stock Analysis

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.