Yext Net Tangible Assets vs Total Current Assets Analysis

YEXT Stock  USD 8.37  0.42  5.28%   
Yext financial indicator trend analysis is more than just analyzing Yext Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yext Inc is a good investment. Please check the relationship between Yext Net Tangible Assets and its Total Current Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yext Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Net Tangible Assets vs Total Current Assets

Net Tangible Assets vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yext Inc Net Tangible Assets account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Yext's Net Tangible Assets and Total Current Assets is 0.98. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Yext Inc, assuming nothing else is changed. The correlation between historical values of Yext's Net Tangible Assets and Total Current 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 Net Tangible Assets of Yext Inc are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Tangible Assets i.e., Yext's Net Tangible Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Yext's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yext Inc 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 Yext Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
At this time, Yext's Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 26.81 in 2024, whereas Selling General Administrative is likely to drop slightly above 59 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit292.3M296.9M316.9M206.2M
Total Revenue390.6M400.9M404.3M277.4M

Yext fundamental ratios Correlations

0.680.970.96-0.310.960.970.97-0.86-0.920.910.980.980.930.950.980.97-0.110.910.960.110.980.880.970.960.96
0.680.720.81-0.520.720.570.69-0.61-0.580.760.620.60.770.740.710.65-0.090.730.64-0.430.680.410.650.490.52
0.970.720.96-0.30.940.921.0-0.81-0.950.880.920.930.890.920.950.99-0.150.960.98-0.060.990.90.990.910.92
0.960.810.96-0.390.960.890.95-0.82-0.870.90.90.90.890.910.970.93-0.030.940.91-0.150.950.80.930.830.88
-0.31-0.52-0.3-0.39-0.46-0.12-0.30.620.25-0.27-0.35-0.17-0.45-0.45-0.44-0.220.18-0.31-0.260.21-0.30.0-0.25-0.19-0.13
0.960.720.940.96-0.460.880.93-0.88-0.890.870.910.890.890.90.980.92-0.110.890.9-0.020.930.790.90.870.87
0.970.570.920.89-0.120.880.92-0.78-0.880.880.961.00.890.90.920.93-0.120.830.940.260.930.90.940.970.98
0.970.691.00.95-0.30.930.92-0.8-0.960.860.910.920.870.90.950.99-0.150.970.98-0.060.990.910.990.910.92
-0.86-0.61-0.81-0.820.62-0.88-0.78-0.80.77-0.83-0.91-0.81-0.91-0.92-0.9-0.770.28-0.72-0.82-0.19-0.83-0.62-0.81-0.83-0.78
-0.92-0.58-0.95-0.870.25-0.89-0.88-0.960.77-0.78-0.86-0.87-0.78-0.83-0.88-0.970.37-0.93-0.970.02-0.94-0.91-0.96-0.89-0.91
0.910.760.880.9-0.270.870.880.86-0.83-0.780.890.90.920.910.890.84-0.110.790.870.050.870.740.870.840.84
0.980.620.920.9-0.350.910.960.91-0.91-0.860.890.980.950.970.960.91-0.140.830.930.260.940.820.940.970.95
0.980.60.930.9-0.170.891.00.92-0.81-0.870.90.980.920.930.930.92-0.120.830.940.260.930.880.940.970.97
0.930.770.890.89-0.450.890.890.87-0.91-0.780.920.950.920.980.940.84-0.150.780.870.150.880.70.880.890.85
0.950.740.920.91-0.450.90.90.9-0.92-0.830.910.970.930.980.950.89-0.160.830.910.140.930.730.920.920.9
0.980.710.950.97-0.440.980.920.95-0.9-0.880.890.960.930.940.950.93-0.070.890.920.050.960.80.930.910.91
0.970.650.990.93-0.220.920.930.99-0.77-0.970.840.910.920.840.890.93-0.150.960.98-0.020.990.930.990.920.95
-0.11-0.09-0.15-0.030.18-0.11-0.12-0.150.280.37-0.11-0.14-0.12-0.15-0.16-0.07-0.15-0.12-0.25-0.09-0.12-0.12-0.18-0.18-0.14
0.910.730.960.94-0.310.890.830.97-0.72-0.930.790.830.830.780.830.890.96-0.120.93-0.260.960.850.950.790.87
0.960.640.980.91-0.260.90.940.98-0.82-0.970.870.930.940.870.910.920.98-0.250.930.030.980.920.990.930.95
0.11-0.43-0.06-0.150.21-0.020.26-0.06-0.190.020.050.260.260.150.140.05-0.02-0.09-0.260.03-0.010.110.020.360.24
0.980.680.990.95-0.30.930.930.99-0.83-0.940.870.940.930.880.930.960.99-0.120.960.98-0.010.90.990.920.95
0.880.410.90.80.00.790.90.91-0.62-0.910.740.820.880.70.730.80.93-0.120.850.920.110.90.920.890.9
0.970.650.990.93-0.250.90.940.99-0.81-0.960.870.940.940.880.920.930.99-0.180.950.990.020.990.920.930.96
0.960.490.910.83-0.190.870.970.91-0.83-0.890.840.970.970.890.920.910.92-0.180.790.930.360.920.890.930.96
0.960.520.920.88-0.130.870.980.92-0.78-0.910.840.950.970.850.90.910.95-0.140.870.950.240.950.90.960.96
Click cells to compare fundamentals

Yext Account Relationship Matchups

Yext fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets563.6M596.0M620.3M523.8M508.8M389.2M
Other Current Liab49.9M28.5M20.4M23.6M14.5M24.7M
Total Current Liabilities244.9M260.2M290.7M290.9M267.8M200.5M
Total Stockholder Equity201.2M207.2M211.9M128.0M147.2M97.4M
Other Liab2.3M5.0M4.0M4.3M3.9M3.3M
Net Tangible Assets194.4M195.9M207.1M123.4M141.9M148.9M
Property Plant And Equipment Net138.2M185.2M171.7M147.5M124.5M89.9M
Current Deferred Revenue176.8M191.8M223.4M223.7M212.2M150.6M
Net Debt(132.2M)(92.7M)(128.6M)(71.5M)(103.8M)(109.0M)
Retained Earnings(422.7M)(517.3M)(610.6M)(676.5M)(679.2M)(645.2M)
Accounts Payable9.6M11.5M9.2M7.3M7.4M7.9M
Cash256.1M230.4M261.2M190.2M210.2M151.5M
Non Current Assets Total185.8M219.8M210.0M177.2M148.9M118.0M
Non Currrent Assets Other41.8M29.0M33.5M25.0M19.7M20.9M
Other Assets41.8M29.0M33.5M25.0M28.7M20.8M
Cash And Short Term Investments256.1M230.4M261.2M190.2M210.2M166.4M
Net Receivables80.6M97.5M101.6M109.7M108.2M72.8M
Good Will4.5M4.8M4.6M4.5M4.5M3.7M
Common Stock Total Equity122K130K137K142K163.3K109.4K
Common Stock Shares Outstanding111.8M119.7M127.8M125.3M124.1M112.2M
Liabilities And Stockholders Equity563.6M596.0M620.3M523.8M508.8M389.2M
Non Current Liabilities Total117.5M128.6M117.8M104.9M93.9M91.3M
Inventory28.4M30.3M34.0M31.0M35.7M19.6M
Other Current Assets12.7M48.3M47.5M61.0M41.5M26.4M
Other Stockholder Equity624.1M722.0M822.5M808.0M830.4M494.9M
Total Liab362.4M388.8M408.5M395.7M361.6M291.8M
Property Plant And Equipment Gross138.2M185.2M171.7M147.5M189.6M97.0M
Total Current Assets377.8M376.2M410.4M346.6M359.9M271.2M
Accumulated Other Comprehensive Income(360K)2.4M(187K)(3.6M)(4.2M)(4.0M)
Short Term Debt8.6M28.3M37.7M36.3M33.6M18.4M
Intangible Assets1.3M767K217K193K168K159.6K
Common Stock122K130K137K142K148K114.7K
Property Plant Equipment137.2M179.4M171.7M62.1M71.4M73.3M
Capital Surpluse636.0M733.9M834.4M897.4M1.0B539.5M
Deferred Long Term Liab26.1M22.7M27.3M21.0M24.2M17.4M
Non Current Liabilities Other2.3M5.0M4.0M4.3M4.3M3.0M
Retained Earnings Total Equity(422.7M)(517.3M)(610.6M)(676.5M)(608.9M)(639.3M)
Net Invested Capital201.2M207.2M211.9M128.0M147.2M166.8M
Net Working Capital132.9M116.0M119.6M55.7M92.1M98.8M

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Additional Tools for Yext Stock Analysis

When running Yext's price analysis, check to measure Yext'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 Yext is operating at the current time. Most of Yext's value examination focuses on studying past and present price action to predict the probability of Yext's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yext's price. Additionally, you may evaluate how the addition of Yext to your portfolios can decrease your overall portfolio volatility.