YY Property Plant And Equipment Net vs Intangible Assets Analysis

YY Stock  USD 33.96  0.15  0.44%   
YY financial indicator trend analysis is more than just analyzing YY Inc Class current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether YY Inc Class is a good investment. Please check the relationship between YY Property Plant And Equipment Net and its Intangible Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in YY Inc Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.

Property Plant And Equipment Net vs Intangible Assets

Property Plant And Equipment Net vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of YY Inc Class Property Plant And Equipment Net account and Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between YY's Property Plant And Equipment Net and Intangible Assets is 0.91. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of YY Inc Class, assuming nothing else is changed. The correlation between historical values of YY's Property Plant And Equipment Net 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 Property Plant And Equipment Net of YY Inc Class 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 Property Plant And Equipment Net i.e., YY's Property Plant And Equipment Net and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from YY's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into YY Inc Class 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 YY Inc Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
Selling General Administrative is likely to drop to about 97.6 M in 2024. Tax Provision is likely to drop to about 17.9 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense14.5M12.8M10.4M15.5M
Depreciation And Amortization90.9M108.0M132.5M139.1M

YY fundamental ratios Correlations

0.920.70.70.950.920.58-0.530.890.550.870.89-0.030.00.950.660.810.890.660.720.930.80.620.940.380.93
0.920.90.890.940.980.44-0.610.970.730.860.99-0.15-0.110.940.770.960.840.560.790.910.950.550.940.530.92
0.70.90.990.740.850.19-0.570.890.850.710.9-0.27-0.240.760.750.920.690.320.740.660.980.280.790.660.76
0.70.890.990.720.860.23-0.520.890.90.670.9-0.25-0.220.750.750.930.690.260.70.650.970.270.770.750.76
0.950.940.740.720.920.48-0.630.910.530.930.92-0.11-0.070.980.650.840.890.650.770.980.810.670.980.340.96
0.920.980.850.860.920.49-0.590.980.750.830.98-0.070.010.90.780.930.840.520.70.890.910.60.910.560.91
0.580.440.190.230.480.49-0.090.350.220.260.380.330.20.540.430.290.550.230.240.530.260.040.520.10.55
-0.53-0.61-0.57-0.52-0.63-0.59-0.09-0.69-0.34-0.8-0.590.140.37-0.57-0.69-0.47-0.47-0.16-0.33-0.57-0.51-0.5-0.58-0.09-0.5
0.890.970.890.890.910.980.35-0.690.780.870.98-0.16-0.120.880.790.930.810.470.690.850.920.620.890.580.87
0.550.730.850.90.530.750.22-0.340.780.430.77-0.08-0.090.520.740.820.590.010.420.460.810.240.550.890.56
0.870.860.710.670.930.830.26-0.80.870.430.83-0.11-0.140.90.620.720.760.630.720.880.760.680.90.220.84
0.890.990.90.90.920.980.38-0.590.980.770.83-0.17-0.10.90.770.980.810.530.760.890.950.590.910.580.9
-0.03-0.15-0.27-0.25-0.11-0.070.330.14-0.16-0.08-0.11-0.170.75-0.10.07-0.27-0.040.06-0.27-0.1-0.21-0.14-0.1-0.21-0.18
0.0-0.11-0.24-0.22-0.070.010.20.37-0.12-0.09-0.14-0.10.75-0.09-0.23-0.14-0.010.23-0.11-0.07-0.140.01-0.1-0.09-0.09
0.950.940.760.750.980.90.54-0.570.880.520.90.9-0.1-0.090.640.830.880.680.830.960.840.531.00.330.97
0.660.770.750.750.650.780.43-0.690.790.740.620.770.07-0.230.640.710.620.110.310.620.710.330.650.470.6
0.810.960.920.930.840.930.29-0.470.930.820.720.98-0.27-0.140.830.710.760.470.760.810.960.510.840.650.84
0.890.840.690.690.890.840.55-0.470.810.590.760.81-0.04-0.010.880.620.760.440.670.870.740.50.890.410.87
0.660.560.320.260.650.520.23-0.160.470.010.630.530.060.230.680.110.470.440.670.680.490.50.65-0.130.59
0.720.790.740.70.770.70.24-0.330.690.420.720.76-0.27-0.110.830.310.760.670.670.760.80.320.830.320.81
0.930.910.660.650.980.890.53-0.570.850.460.880.89-0.1-0.070.960.620.810.870.680.760.750.670.950.250.93
0.80.950.980.970.810.910.26-0.510.920.810.760.95-0.21-0.140.840.710.960.740.490.80.750.370.860.640.84
0.620.550.280.270.670.60.04-0.50.620.240.680.59-0.140.010.530.330.510.50.50.320.670.370.510.150.52
0.940.940.790.770.980.910.52-0.580.890.550.90.91-0.1-0.11.00.650.840.890.650.830.950.860.510.350.97
0.380.530.660.750.340.560.1-0.090.580.890.220.58-0.21-0.090.330.470.650.41-0.130.320.250.640.150.350.45
0.930.920.760.760.960.910.55-0.50.870.560.840.9-0.18-0.090.970.60.840.870.590.810.930.840.520.970.45
Click cells to compare fundamentals

YY Account Relationship Matchups

YY fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding77.2M80.0M78.1M73.6M73.1M69.0M
Total Assets7.5B8.1B9.1B9.1B8.5B8.9B
Other Current Liab764.2M727.3M2.4B2.4B2.5B2.6B
Total Current Liabilities1.1B942.9M2.5B3.1B3.1B3.2B
Total Stockholder Equity4.7B6.2B5.5B5.2B5.2B2.6B
Property Plant And Equipment Net361.9M422.7M382.0M376.4M420.9M441.9M
Current Deferred Revenue213.4M67.9M64.3M89.5M79.7M85.3M
Net Debt278.8M(827.5M)(896.3M)(306.9M)(575.4M)(546.7M)
Retained Earnings1.5B3.0B2.7B2.7B2.9B3.1B
Accounts Payable17.8M20.9M18.0M56M66.8M70.1M
Cash556.5M1.7B1.8B1.2B1.1B657.5M
Non Current Assets Total3.3B4.2B4.0B4.4B4.4B4.6B
Non Currrent Assets Other74.8M36.2M4.9M12.6M16.8M15.9M
Other Assets651.0M365.2M4.9M12.6M14.5M13.8M
Cash And Short Term Investments3.8B3.6B4.4B3.9B3.3B2.0B
Net Receivables126.4M143.6M171.4M119.7M291.7M306.3M
Good Will1.9B1.9B2.0B2.6B2.6B2.8B
Liabilities And Stockholders Equity7.5B8.1B9.1B9.1B8.5B8.9B
Non Current Liabilities Total812.9M836.2M979.8M497.2M107.4M102.1M
Other Current Assets138.8M102.7M213.7M236.2M79.6M79.3M
Other Stockholder Equity3.1B3.4B2.7B2.6B2.4B1.5B
Total Liab1.9B1.8B3.5B3.6B3.2B3.4B
Property Plant And Equipment Gross361.9M2.8B382.0M376.4M735.5M469.6M
Total Current Assets4.1B3.9B5.1B4.6B4.1B2.3B
Accumulated Other Comprehensive Income148.7M(113.4M)96.0M(129.7M)(159.3M)(151.3M)
Short Term Debt96.2M126.7M11.0M484.8M470.1M493.6M
Intangible Assets702.7M602.2M682.1M728.3M649.8M334.6M
Common Stock11.6K14.9K15.6K16K12K13.3K
Property Plant Equipment2.5B2.8B382.0M376.4M432.9M857.1M
Other Liab982.7M799.9M115.8M165.4M190.2M300.1M
Short Term Investments3.2B1.8B2.6B2.7B2.2B1.4B
Inventory94.0M97.6M297.3M351.1M392.1M411.8M
Net Tangible Assets15.2B24.5B2.9B1.8B2.1B2.0B
Long Term Debt5.0B5.1B924.1M401.2M461.3M438.3M
Long Term Investments2.4B8.1B1.0B660.4M544.5M517.3M
Short Long Term Debt6.9M557.2M734.4M472.4M457.7M838.5M
Short Long Term Debt Total835.3M913.1M940.9M907.6M488.5M590.8M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether YY Inc Class offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of YY's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Yy Inc Class Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Yy Inc Class Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in YY Inc Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Complementary Tools for YY Stock analysis

When running YY's price analysis, check to measure YY'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 YY is operating at the current time. Most of YY's value examination focuses on studying past and present price action to predict the probability of YY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move YY's price. Additionally, you may evaluate how the addition of YY to your portfolios can decrease your overall portfolio volatility.
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Money Managers
Screen money managers from public funds and ETFs managed around the world
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Is YY'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 YY. If investors know YY 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 YY listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.71)
Earnings Share
4.8
Revenue Per Share
34.658
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0025
The market value of YY Inc Class is measured differently than its book value, which is the value of YY that is recorded on the company's balance sheet. Investors also form their own opinion of YY's value that differs from its market value or its book value, called intrinsic value, which is YY'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 YY's market value can be influenced by many factors that don't directly affect YY'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 YY's value and its price as these two are different measures arrived at by different means. Investors typically determine if YY is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, YY'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.