| CLEDUCATE | | | 119.23 5.26 4.62% |
CL Educate financial indicator trend analysis is way more than just evaluating CL Educate Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CL Educate Limited is a good investment. Please check the relationship between CL Educate Depreciation And Amortization and its Minority Interest accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CL Educate Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
Depreciation And Amortization vs Minority Interest
Depreciation And Amortization vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CL Educate Limited Depreciation And Amortization account and
Minority Interest. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between CL Educate's Depreciation And Amortization and Minority Interest is -0.65. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Minority Interest in the same time period over historical financial statements of CL Educate Limited, assuming nothing else is changed. The correlation between historical values of CL Educate's Depreciation And Amortization and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of CL Educate Limited are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Depreciation And Amortization i.e., CL Educate's Depreciation And Amortization and Minority Interest go up and down completely randomly.
Correlation Coefficient | -0.65 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of CL Educate Limited whose combined shares represent less than 50% of the total outstanding shares issued by CL Educate have a minority interest in CL Educate.
Most indicators from CL Educate's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CL Educate Limited 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in CL Educate Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
At present, CL Educate's
Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's
Issuance Of Capital Stock is expected to grow to about 510.8
K, whereas
Selling General Administrative is forecasted to decline to about 172.4
M.
| 2022 | 2023 | 2024 | 2025 (projected) |
Interest Expense | 16.0M | 24.6M | 22.1M | 21.0M | Depreciation And Amortization | 111.1M | 137.7M | 158.3M | 98.7M |
CL Educate fundamental ratios Correlations
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CL Educate Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CL Educate fundamental ratios Accounts
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Other Information on Investing in CLEDUCATE Stock
Balance Sheet is a snapshot of the
financial position of CL Educate Limited at a specified time, usually calculated after every quarter, six months, or one year. CL Educate Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CL Educate and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which CLEDUCATE currently owns. An asset can also be divided into two categories, current and non-current.