Educational Depreciation vs Change To Account Receivables Analysis

EDUC Stock  USD 1.58  0.01  0.63%   
Educational Development financial indicator trend analysis is much more than just examining Educational Development latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Educational Development is a good investment. Please check the relationship between Educational Development Depreciation and its Change To Account Receivables accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Educational Development. 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.
For information on how to trade Educational Stock refer to our How to Trade Educational Stock guide.

Depreciation vs Change To Account Receivables

Depreciation vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Educational Development Depreciation account and Change To Account Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Educational Development's Depreciation and Change To Account Receivables is 0.89. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Educational Development, assuming nothing else is changed. The correlation between historical values of Educational Development's Depreciation and Change To Account Receivables 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 of Educational Development are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Depreciation i.e., Educational Development's Depreciation and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Depreciation

Depreciation indicates how much of Educational Development value has been used up. For tax purposes Educational Development can deduct the cost of the tangible assets it purchases as business expenses. However, Educational Development must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Change To Account Receivables

Most indicators from Educational Development's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Educational Development 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Educational Development. 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.
For information on how to trade Educational Stock refer to our How to Trade Educational Stock guide.At present, Educational Development's Enterprise Value Over EBITDA is projected to increase based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 9.18, whereas Selling General Administrative is forecasted to decline to about 11.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit97.9M56.1M33.0M29.1M
Total Revenue142.2M87.8M51.0M44.0M

Educational Development fundamental ratios Correlations

0.90.660.810.910.770.890.910.330.950.330.210.360.98-0.260.960.980.550.090.40.430.560.860.480.76-0.59
0.90.390.710.790.631.00.770.10.850.10.030.170.87-0.040.890.890.680.120.460.580.310.80.60.58-0.41
0.660.390.720.430.90.350.460.680.790.680.260.660.64-0.050.750.560.08-0.11-0.13-0.260.940.76-0.210.54-0.36
0.810.710.720.630.910.70.640.260.890.260.30.620.86-0.20.850.730.73-0.34-0.16-0.050.650.960.170.65-0.5
0.910.790.430.630.50.780.990.220.750.220.220.210.91-0.470.750.960.550.110.550.60.270.660.670.82-0.65
0.770.630.90.910.50.60.530.530.920.530.330.660.770.010.880.650.44-0.18-0.2-0.190.850.95-0.050.54-0.44
0.891.00.350.70.780.60.760.050.830.050.010.150.86-0.050.870.880.690.110.460.590.280.780.620.57-0.4
0.910.770.460.640.990.530.760.260.760.260.320.260.9-0.520.750.950.520.170.510.550.320.660.620.81-0.73
0.330.10.680.260.220.530.050.260.481.00.220.320.220.270.370.23-0.190.04-0.01-0.160.550.37-0.350.33-0.25
0.950.850.790.890.750.920.830.760.480.480.220.460.91-0.070.980.870.53-0.030.180.210.710.950.230.66-0.52
0.330.10.680.260.220.530.050.261.00.480.220.320.220.270.370.23-0.190.04-0.01-0.160.550.37-0.350.33-0.25
0.210.030.260.30.220.330.010.320.220.220.220.440.27-0.50.190.20.10.33-0.32-0.330.340.26-0.110.15-0.83
0.360.170.660.620.210.660.150.260.320.460.320.440.42-0.190.420.280.25-0.12-0.42-0.430.580.62-0.180.55-0.41
0.980.870.640.860.910.770.860.90.220.910.220.270.42-0.350.920.970.630.00.270.340.540.880.540.78-0.61
-0.26-0.04-0.05-0.2-0.470.01-0.05-0.520.27-0.070.27-0.5-0.19-0.35-0.08-0.35-0.18-0.11-0.12-0.11-0.06-0.05-0.29-0.310.66
0.960.890.750.850.750.880.870.750.370.980.370.190.420.92-0.080.90.50.060.250.270.70.920.30.63-0.49
0.980.890.560.730.960.650.880.950.230.870.230.20.280.97-0.350.90.540.150.50.540.450.780.60.78-0.61
0.550.680.080.730.550.440.690.52-0.190.53-0.190.10.250.63-0.180.50.54-0.42-0.030.25-0.030.670.510.5-0.34
0.090.12-0.11-0.340.11-0.180.110.170.04-0.030.040.33-0.120.0-0.110.060.15-0.420.50.36-0.01-0.190.15-0.12-0.37
0.40.46-0.13-0.160.55-0.20.460.51-0.010.18-0.01-0.32-0.420.27-0.120.250.5-0.030.50.94-0.21-0.060.560.28-0.13
0.430.58-0.26-0.050.6-0.190.590.55-0.160.21-0.16-0.33-0.430.34-0.110.270.540.250.360.94-0.360.030.720.32-0.14
0.560.310.940.650.270.850.280.320.550.710.550.340.580.54-0.060.70.45-0.03-0.01-0.21-0.360.66-0.340.33-0.34
0.860.80.760.960.660.950.780.660.370.950.370.260.620.88-0.050.920.780.67-0.19-0.060.030.660.230.67-0.47
0.480.6-0.210.170.67-0.050.620.62-0.350.23-0.35-0.11-0.180.54-0.290.30.60.510.150.560.72-0.340.230.48-0.19
0.760.580.540.650.820.540.570.810.330.660.330.150.550.78-0.310.630.780.5-0.120.280.320.330.670.48-0.48
-0.59-0.41-0.36-0.5-0.65-0.44-0.4-0.73-0.25-0.52-0.25-0.83-0.41-0.610.66-0.49-0.61-0.34-0.37-0.13-0.14-0.34-0.47-0.19-0.48
Click cells to compare fundamentals

Educational Development Account Relationship Matchups

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Educational Development offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Educational Development's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Educational Development Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Educational Development Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Educational Development. 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.
For information on how to trade Educational Stock refer to our How to Trade Educational Stock guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Distributors 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 Educational Development. If investors know Educational 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 Educational Development 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
2.2 K
Earnings Share
(0.32)
Revenue Per Share
5.13
Quarterly Revenue Growth
(0.39)
Return On Assets
(0.05)
The market value of Educational Development is measured differently than its book value, which is the value of Educational that is recorded on the company's balance sheet. Investors also form their own opinion of Educational Development's value that differs from its market value or its book value, called intrinsic value, which is Educational Development'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 Educational Development's market value can be influenced by many factors that don't directly affect Educational Development'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 Educational Development's value and its price as these two are different measures arrived at by different means. Investors typically determine if Educational Development is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Educational Development'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.