17 Education Total Current Liabilities vs Common Stock Total Equity 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 Total Current Liabilities and its Common Stock Total Equity 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.

Total Current Liabilities vs Common Stock Total Equity

Total Current Liabilities vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 17 Education Technology Total Current Liabilities account and Common Stock Total Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between 17 Education's Total Current Liabilities and Common Stock Total Equity is 0.47. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Common Stock Total Equity 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 Total Current Liabilities and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of 17 Education Technology are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Total Current Liabilities i.e., 17 Education's Total Current Liabilities and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Liabilities

Total Current Liabilities is an item on 17 Education balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of 17 Education Technology are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
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 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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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.