YY Accounts Payable vs Long Term Debt Analysis

YY Stock  USD 33.91  2.12  5.88%   
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 Accounts Payable and its Long Term Debt 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 closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Accounts Payable vs Long Term Debt

Accounts Payable vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of YY Inc Class Accounts Payable account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between YY's Accounts Payable and Long Term Debt is -0.36. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Long Term Debt 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 Accounts Payable and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of YY Inc Class are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Accounts Payable i.e., YY's Accounts Payable and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.36
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents YY obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of YY Inc Class are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Long Term Debt

Long-term debt is a debt that YY Inc Class has held for over one year. Long-term debt appears on YY Inc Class balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on YY Inc Class balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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 closely tied 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 Amortization182.9M163.4M132.5M139.1M

YY fundamental ratios Correlations

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0.210.320.360.420.150.410.25-0.170.370.660.070.360.360.140.490.350.26-0.16-0.180.10.340.030.140.24-0.06
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0.940.940.740.770.980.910.52-0.580.890.550.90.910.14-0.11.00.810.840.890.650.770.950.860.510.460.94
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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 Liab764.2M(49.1M)2.4B2.4B2.2B2.3B
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 Payable17.8M21.0M18.0M56M66.8M70.1M
Cash556.5M1.7B1.8B1.2B1.1B657.5M
Non Current Assets Total3.3B4.2B4.0B4.4B4.4B4.6B
Non Currrent Assets Other74.8M36.2M4.9M12.6M332.8M349.5M
Other Assets651.0M365.2M4.9M12.6M14.5M13.8M
Cash And Short Term Investments3.8B3.6B4.4B3.9B3.7B2.0B
Net Receivables126.4M212.8M273.8M230.4M291.7M306.3M
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 Assets138.8M131.6M408.6M476.6M93.1M116.8M
Other Stockholder Equity3.1B3.3B2.7B2.6B2.4B1.5B
Total Liab1.9B1.8B3.5B3.6B3.2B3.3B
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 Debt96.2M842.2M11.0M484.8M470.1M493.6M
Intangible Assets702.7M602.2M682.1M728.3M333.7M309.8M
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 Investments3.2B1.8B2.6B2.7B2.3B1.4B
Inventory94.0M97.6M297.3M351.1M2.1M2.0M
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 Total5.1B913.1M940.9M907.6M488.5M954.6M

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