Wing Non Current Assets Total vs Inventory Analysis

WYHG Stock

1.16 0.02 1.69%

Wing Yip financial indicator trend analysis is more than just analyzing Wing Yip Food current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wing Yip Food is a good investment. Please check the relationship between Wing Yip Non Current Assets Total and its Inventory accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wing Yip Food. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Non Current Assets Total vs Inventory

Non Current Assets Total vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wing Yip Food Non Current Assets Total account and Inventory. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Wing Yip's Non Current Assets Total and Inventory is 0.91. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Inventory in the same time period over historical financial statements of Wing Yip Food, assuming nothing else is changed. The correlation between historical values of Wing Yip's Non Current Assets Total and Inventory 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 Current Assets Total of Wing Yip Food are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Non Current Assets Total i.e., Wing Yip's Non Current Assets Total and Inventory go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

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.

Inventory

Most indicators from Wing Yip's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wing Yip Food 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 Wing Yip Food. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

At this time, Wing Yip's Sales General And Administrative To Revenue is most likely to increase slightly in the upcoming years.

	2022	2023	2024	2025 (projected)
Interest Expense	83.5K	995.3K	1.1M	1.1M
Depreciation And Amortization	2.0M	3.2M	4.5M	2.7M

Interest Expense Depreciation And Amortization

Wing Yip fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Non Currrent Assets Other	Other Current Assets	Intangible Assets	Other Stockholder Equity	Short Term Investments
Total Assets		0.9	0.79	0.86	1.0	0.95	0.84	-0.93	1.0	0.77	0.96	0.95	0.96	0.35	0.96	0.62	0.94	0.97	0.97	0.67	0.97	-0.19	0.83	0.65	0.65	0.65
Short Long Term Debt Total	0.9		0.57	0.78	0.88	0.82	0.66	-0.81	0.89	0.51	0.88	0.83	0.88	0.37	0.84	0.68	0.81	0.95	0.89	0.71	0.78	0.06	0.73	0.74	0.74	0.64
Other Current Liab	0.79	0.57		0.52	0.79	0.85	0.65	-0.68	0.79	0.82	0.68	0.84	0.68	0.22	0.68	0.7	0.74	0.75	0.7	0.19	0.81	-0.47	0.7	0.38	0.47	0.36
Total Current Liabilities	0.86	0.78	0.52		0.85	0.74	0.71	-0.87	0.86	0.73	0.88	0.74	0.88	0.23	0.89	0.19	0.75	0.86	0.88	0.92	0.83	-0.07	0.75	0.51	0.37	0.55
Total Stockholder Equity	1.0	0.88	0.79	0.85		0.95	0.86	-0.93	1.0	0.77	0.95	0.95	0.95	0.34	0.96	0.6	0.94	0.96	0.97	0.67	0.98	-0.22	0.83	0.63	0.64	0.65
Property Plant And Equipment Net	0.95	0.82	0.85	0.74	0.95		0.75	-0.77	0.96	0.79	0.81	1.0	0.81	0.37	0.85	0.68	0.92	0.91	0.84	0.52	0.9	-0.27	0.83	0.64	0.7	0.6
Current Deferred Revenue	0.84	0.66	0.65	0.71	0.86	0.75		-0.83	0.82	0.57	0.85	0.75	0.85	0.12	0.8	0.35	0.83	0.72	0.86	0.61	0.91	-0.29	0.64	0.43	0.44	0.48
Net Debt	-0.93	-0.81	-0.68	-0.87	-0.93	-0.77	-0.83		-0.9	-0.7	-0.99	-0.78	-0.99	-0.24	-0.96	-0.45	-0.83	-0.89	-0.98	-0.72	-0.94	0.14	-0.76	-0.57	-0.5	-0.63
Retained Earnings	1.0	0.89	0.79	0.86	1.0	0.96	0.82	-0.9		0.77	0.93	0.97	0.93	0.34	0.95	0.62	0.94	0.97	0.95	0.67	0.96	-0.21	0.84	0.63	0.66	0.63
Accounts Payable	0.77	0.51	0.82	0.73	0.77	0.79	0.57	-0.7	0.77		0.69	0.78	0.69	0.37	0.73	0.37	0.66	0.74	0.7	0.42	0.8	-0.33	0.7	0.37	0.22	0.47
Cash	0.96	0.88	0.68	0.88	0.95	0.81	0.85	-0.99	0.93	0.69		0.82	1.0	0.26	0.97	0.51	0.86	0.93	1.0	0.74	0.95	-0.08	0.74	0.58	0.53	0.61
Non Current Assets Total	0.95	0.83	0.84	0.74	0.95	1.0	0.75	-0.78	0.97	0.78	0.82		0.82	0.37	0.86	0.69	0.91	0.92	0.85	0.53	0.9	-0.26	0.83	0.64	0.7	0.61
Cash And Short Term Investments	0.96	0.88	0.68	0.88	0.95	0.81	0.85	-0.99	0.93	0.69	1.0	0.82		0.26	0.97	0.51	0.86	0.93	1.0	0.74	0.95	-0.08	0.74	0.58	0.53	0.61
Net Receivables	0.35	0.37	0.22	0.23	0.34	0.37	0.12	-0.24	0.34	0.37	0.26	0.37	0.26		0.22	0.38	0.38	0.38	0.31	0.15	0.29	-0.24	0.44	0.61	0.38	0.76
Common Stock Shares Outstanding	0.96	0.84	0.68	0.89	0.96	0.85	0.8	-0.96	0.95	0.73	0.97	0.86	0.97	0.22		0.47	0.88	0.92	0.97	0.74	0.95	-0.08	0.74	0.52	0.52	0.57
Non Current Liabilities Total	0.62	0.68	0.7	0.19	0.6	0.68	0.35	-0.45	0.62	0.37	0.51	0.69	0.51	0.38	0.47		0.57	0.67	0.53	-0.02	0.52	-0.07	0.45	0.54	0.72	0.41
Inventory	0.94	0.81	0.74	0.75	0.94	0.92	0.83	-0.83	0.94	0.66	0.86	0.91	0.86	0.38	0.88	0.57		0.87	0.89	0.61	0.92	-0.41	0.83	0.62	0.69	0.6
Total Liab	0.97	0.95	0.75	0.86	0.96	0.91	0.72	-0.89	0.97	0.74	0.93	0.92	0.93	0.38	0.92	0.67	0.87		0.95	0.69	0.9	-0.07	0.8	0.68	0.66	0.64
Total Current Assets	0.97	0.89	0.7	0.88	0.97	0.84	0.86	-0.98	0.95	0.7	1.0	0.85	1.0	0.31	0.97	0.53	0.89	0.95		0.74	0.96	-0.13	0.77	0.61	0.56	0.64
Short Term Debt	0.67	0.71	0.19	0.92	0.67	0.52	0.61	-0.72	0.67	0.42	0.74	0.53	0.74	0.15	0.74	-0.02	0.61	0.69	0.74		0.63	0.06	0.61	0.47	0.33	0.49
Common Stock	0.97	0.78	0.81	0.83	0.98	0.9	0.91	-0.94	0.96	0.8	0.95	0.9	0.95	0.29	0.95	0.52	0.92	0.9	0.96	0.63		-0.29	0.79	0.53	0.52	0.61
Non Currrent Assets Other	-0.19	0.06	-0.47	-0.07	-0.22	-0.27	-0.29	0.14	-0.21	-0.33	-0.08	-0.26	-0.08	-0.24	-0.08	-0.07	-0.41	-0.07	-0.13	0.06	-0.29		-0.48	-0.12	-0.21	-0.18
Other Current Assets	0.83	0.73	0.7	0.75	0.83	0.83	0.64	-0.76	0.84	0.7	0.74	0.83	0.74	0.44	0.74	0.45	0.83	0.8	0.77	0.61	0.79	-0.48		0.8	0.75	0.77
Intangible Assets	0.65	0.74	0.38	0.51	0.63	0.64	0.43	-0.57	0.63	0.37	0.58	0.64	0.58	0.61	0.52	0.54	0.62	0.68	0.61	0.47	0.53	-0.12	0.8		0.85	0.87
Other Stockholder Equity	0.65	0.74	0.47	0.37	0.64	0.7	0.44	-0.5	0.66	0.22	0.53	0.7	0.53	0.38	0.52	0.72	0.69	0.66	0.56	0.33	0.52	-0.21	0.75	0.85		0.67
Short Term Investments	0.65	0.64	0.36	0.55	0.65	0.6	0.48	-0.63	0.63	0.47	0.61	0.61	0.61	0.76	0.57	0.41	0.6	0.64	0.64	0.49	0.61	-0.18	0.77	0.87	0.67

Click cells to compare fundamentals

Wing Yip Account Relationship Matchups

Wing Yip fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	138.4M	164.9M	164.0M	181.0M	193.5M	130.1M
Short Long Term Debt Total	10.1M	13.3M	17.3M	24.2M	24.9M	16.1M
Other Current Liab	3.2M	4.9M	4.6M	3.5M	3.2M	3.2M
Total Current Liabilities	22.2M	29.1M	16.3M	19.4M	31.6M	22.1M
Total Stockholder Equity	112.8M	131.7M	133.1M	142.6M	155.7M	101.0M
Property Plant And Equipment Net	45.8M	70.7M	79.3M	70.7M	79.9M	46.0M
Net Debt	(65.0M)	(63.3M)	(49.5M)	(66.7M)	(63.1M)	(66.2M)
Retained Earnings	73.4M	91.4M	96.1M	94.3M	110.0M	68.5M
Accounts Payable	9.8M	13.1M	7.1M	7.8M	8.1M	7.9M
Cash	75.1M	76.6M	66.8M	91.0M	87.9M	67.0M
Non Current Assets Total	46.2M	71.0M	79.6M	72.2M	80.7M	46.8M
Cash And Short Term Investments	75.1M	76.7M	66.9M	91.0M	87.9M	67.1M
Net Receivables	9.8M	7.2M	6.7M	9.7M	10.0M	8.8M
Liabilities And Stockholders Equity	138.4M	164.9M	164.0M	181.0M	193.5M	130.1M
Non Current Liabilities Total	3.4M	4.1M	14.6M	16.4M	6.2M	6.7M
Inventory	5.3M	5.9M	7.7M	6.6M	8.5M	5.3M
Total Liab	25.6M	33.2M	30.9M	38.0M	37.7M	29.1M
Total Current Assets	92.2M	93.9M	84.4M	110.2M	112.8M	83.5M
Short Term Debt	8.4M	10.9M	4.4M	7.3M	20.2M	10.2M
Common Stock	39.4M	40.3M	37.0M	36.3M	41.7M	27.0M
Non Currrent Assets Other	341.4K	218.3K	200.5K	780.2K	157.1K	149.2K
Other Current Assets	2.0M	4.2M	3.2M	3.0M	6.4M	6.7M
Intangible Assets	21.4K	73.9K	60.1K	706.3K	652.4K	685.1K
Short Term Investments	161.6M	150.7K	138.4K	174.1M	200.3M	210.3M

Currently Active Assets on Macroaxis

USOI	Credit Suisse X Links
ULTY	Tidal Trust II
CONY	YieldMax N Option
BCAT	BlackRock Capital Allocation
PDI	Pimco Dynamic Income

When determining whether Wing Yip Food is a strong investment it is important to analyze Wing Yip's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Wing Yip's future performance. For an informed investment choice regarding Wing Stock, refer to the following important reports:

How To Invest In Wing

Details

Is Wing Stock a good investment?

Details

What is Wing Yip's Net Worth?

Details

Largest Food Products Companies

View

Largest Packaged Foods Companies

View

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wing Yip Food. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Is Food Products space 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 Wing Yip. If investors know Wing 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 Wing Yip 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

(0.45)

Earnings Share

0.24

Revenue Per Share

4 K

Quarterly Revenue Growth

0.14

Return On Assets

0.0495

The market value of Wing Yip Food is measured differently than its book value, which is the value of Wing that is recorded on the company's balance sheet. Investors also form their own opinion of Wing Yip's value that differs from its market value or its book value, called intrinsic value, which is Wing Yip'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 Wing Yip's market value can be influenced by many factors that don't directly affect Wing Yip'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 Wing Yip's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wing Yip is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wing Yip'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC

Wing Non Current Assets Total vs Inventory Analysis

Non Current Assets Total vs Inventory

Non Current Assets Total vs Inventory Correlation Analysis

Correlation Coefficient

Non Current Assets Total

Inventory

Wing Yip fundamental ratios Correlations

Wing Yip Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Wing Yip fundamental ratios Accounts

Currently Active Assets on Macroaxis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash

Cash And Short Term Investments	- 0.99	Net Debt
Cash	- 0.99	Net Debt
Total Current Assets	- 0.98	Net Debt
Common Stock Shares Outstanding	- 0.96	Net Debt
Common Stock	- 0.94	Net Debt
Net Debt	- 0.93	Total Stockholder Equity