SY Stock | | | USD 0.89 0.01 1.14% |
So Young financial indicator trend analysis is much more than just breaking down So Young International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether So Young International is a good investment. Please check the relationship between So Young Total Liab and its Retained Earnings accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in So Young International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
Total Liab vs Retained Earnings
Total Liab vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
So Young International Total Liab account and
Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between So Young's Total Liab and Retained Earnings is -0.75. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of So Young International, assuming nothing else is changed. The correlation between historical values of So Young's Total Liab and Retained Earnings 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 Liab of So Young International are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Liab i.e., So Young's Total Liab and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.75 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from So Young's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into So Young International 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
World Market Map to better understand how to build diversified portfolios, which includes a position in So Young International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
Sales General And Administrative To Revenue is likely to rise to 0.20 in 2024, despite the fact that
Tax Provision is likely to grow to (9.2
M).
So Young fundamental ratios Correlations
Click cells to compare fundamentals
So Young Account Relationship Matchups
High Positive Relationship
High Negative Relationship
So Young fundamental ratios Accounts
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