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 Direction | Positive |
Relationship Strength | Very 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.
Yext fundamental ratios Correlations
Click cells to compare fundamentals
Yext Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Yext fundamental ratios Accounts
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Additional Tools for Yext Stock Analysis
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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.