GEM Net Debt vs Total Current Liabilities Analysis

GEM Stock

1.36 0.01 0.73%

G8 Education financial indicator trend analysis is much more than just examining G8 Education latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether G8 Education is a good investment. Please check the relationship between G8 Education Net Debt and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in G8 Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Debt vs Total Current Liabilities

Net Debt vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of G8 Education Net Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.

The correlation between G8 Education's Net Debt and Total Current Liabilities is 0.64. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of G8 Education, assuming nothing else is changed. The correlation between historical values of G8 Education's Net Debt and Total Current Liabilities 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 Debt of G8 Education are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Debt i.e., G8 Education's Net Debt and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.64

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Current Liabilities

Total Current Liabilities is an item on G8 Education balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of G8 Education are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most indicators from G8 Education's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into G8 Education 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in G8 Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Issuance Of Capital Stock is likely to gain to about 363.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 328.9 M in 2024.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	753.7M	796.3M	703.8M	473.4M
Depreciation And Amortization	88.7M	95.3M	103.0M	108.1M

Other Operating Expenses Depreciation And Amortization

G8 Education fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Other Current Liab	Other Liab	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Other Assets	Long Term Debt	Cash And Short Term Investments	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding
Total Assets		0.82	0.93	-0.6	-0.72	0.84	0.37	0.85	0.97	-0.22	0.49	0.42	0.95	0.78	0.96	0.84	0.77	0.76	0.88	0.99	0.73	0.45	0.37	0.91	0.84	0.09
Total Current Liabilities	0.82		0.87	-0.5	-0.49	0.79	0.36	0.72	0.72	0.02	0.5	0.84	0.83	0.54	0.73	0.65	0.61	0.53	0.64	0.8	0.58	0.22	0.35	0.84	0.74	-0.14
Total Stockholder Equity	0.93	0.87		-0.6	-0.58	0.79	0.29	0.83	0.8	-0.06	0.44	0.56	0.96	0.6	0.8	0.77	0.86	0.59	0.73	0.92	0.67	0.39	0.28	0.96	0.84	-0.11
Net Tangible Assets	-0.6	-0.5	-0.6		0.04	-0.57	-0.2	-0.49	-0.54	-0.33	-0.29	-0.37	-0.5	-0.21	-0.59	-0.42	-0.51	-0.2	-0.53	-0.58	-0.17	-0.89	-0.21	-0.79	-0.37	0.54
Retained Earnings	-0.72	-0.49	-0.58	0.04		-0.56	-0.36	-0.68	-0.76	0.45	-0.42	-0.08	-0.77	-0.74	-0.71	-0.69	-0.52	-0.72	-0.64	-0.72	-0.68	-0.01	-0.35	-0.46	-0.66	-0.48
Accounts Payable	0.84	0.79	0.79	-0.57	-0.56		0.44	0.69	0.8	-0.04	0.56	0.56	0.82	0.58	0.8	0.61	0.61	0.55	0.69	0.81	0.48	0.42	0.43	0.8	0.63	-0.06
Cash	0.37	0.36	0.29	-0.2	-0.36	0.44		-0.02	0.4	-0.15	0.98	0.14	0.37	0.15	0.4	0.33	0.05	0.14	0.16	0.28	0.17	0.43	1.0	0.29	0.25	-0.07
Net Receivables	0.85	0.72	0.83	-0.49	-0.68	0.69	-0.02		0.79	-0.11	0.13	0.42	0.86	0.69	0.77	0.69	0.75	0.67	0.78	0.88	0.62	0.22	-0.03	0.8	0.73	0.12
Total Liab	0.97	0.72	0.8	-0.54	-0.76	0.8	0.4	0.79		-0.31	0.49	0.29	0.87	0.84	1.0	0.83	0.65	0.82	0.91	0.97	0.72	0.45	0.39	0.8	0.76	0.22
Short Long Term Debt	-0.22	0.02	-0.06	-0.33	0.45	-0.04	-0.15	-0.11	-0.31		-0.12	0.3	-0.17	-0.52	-0.29	-0.3	0.1	-0.52	-0.33	-0.24	-0.4	0.2	-0.15	0.05	-0.29	-0.67
Total Current Assets	0.49	0.5	0.44	-0.29	-0.42	0.56	0.98	0.13	0.49	-0.12		0.26	0.5	0.22	0.49	0.42	0.18	0.2	0.25	0.4	0.25	0.46	0.98	0.43	0.36	-0.11
Short Term Debt	0.42	0.84	0.56	-0.37	-0.08	0.56	0.14	0.42	0.29	0.3	0.26		0.46	0.15	0.31	0.23	0.31	0.14	0.27	0.4	0.22	0.02	0.14	0.55	0.4	-0.41
Common Stock	0.95	0.83	0.96	-0.5	-0.77	0.82	0.37	0.86	0.87	-0.17	0.5	0.46		0.69	0.85	0.8	0.84	0.67	0.76	0.94	0.71	0.34	0.36	0.9	0.85	0.05
Property Plant Equipment	0.78	0.54	0.6	-0.21	-0.74	0.58	0.15	0.69	0.84	-0.52	0.22	0.15	0.69		0.83	0.89	0.5	1.0	0.94	0.82	0.91	0.11	0.14	0.54	0.84	0.39
Short Long Term Debt Total	0.96	0.73	0.8	-0.59	-0.71	0.8	0.4	0.77	1.0	-0.29	0.49	0.31	0.85	0.83		0.83	0.63	0.82	0.92	0.96	0.71	0.49	0.4	0.81	0.76	0.18
Other Current Liab	0.84	0.65	0.77	-0.42	-0.69	0.61	0.33	0.69	0.83	-0.3	0.42	0.23	0.8	0.89	0.83		0.67	0.89	0.9	0.85	0.94	0.34	0.33	0.74	0.96	0.11
Other Liab	0.77	0.61	0.86	-0.51	-0.52	0.61	0.05	0.75	0.65	0.1	0.18	0.31	0.84	0.5	0.63	0.67		0.5	0.61	0.78	0.63	0.33	0.05	0.83	0.74	-0.18
Property Plant And Equipment Net	0.76	0.53	0.59	-0.2	-0.72	0.55	0.14	0.67	0.82	-0.52	0.2	0.14	0.67	1.0	0.82	0.89	0.5		0.93	0.8	0.93	0.09	0.13	0.53	0.85	0.38
Net Debt	0.88	0.64	0.73	-0.53	-0.64	0.69	0.16	0.78	0.91	-0.33	0.25	0.27	0.76	0.94	0.92	0.9	0.61	0.93		0.9	0.85	0.38	0.15	0.74	0.85	0.15
Non Current Assets Total	0.99	0.8	0.92	-0.58	-0.72	0.81	0.28	0.88	0.97	-0.24	0.4	0.4	0.94	0.82	0.96	0.85	0.78	0.8	0.9		0.76	0.41	0.27	0.89	0.85	0.13
Other Assets	0.73	0.58	0.67	-0.17	-0.68	0.48	0.17	0.62	0.72	-0.4	0.25	0.22	0.71	0.91	0.71	0.94	0.63	0.93	0.85	0.76		0.05	0.17	0.58	0.95	0.2
Long Term Debt	0.45	0.22	0.39	-0.89	-0.01	0.42	0.43	0.22	0.45	0.2	0.46	0.02	0.34	0.11	0.49	0.34	0.33	0.09	0.38	0.41	0.05		0.44	0.59	0.21	-0.47
Cash And Short Term Investments	0.37	0.35	0.28	-0.21	-0.35	0.43	1.0	-0.03	0.39	-0.15	0.98	0.14	0.36	0.14	0.4	0.33	0.05	0.13	0.15	0.27	0.17	0.44		0.28	0.25	-0.09
Good Will	0.91	0.84	0.96	-0.79	-0.46	0.8	0.29	0.8	0.8	0.05	0.43	0.55	0.9	0.54	0.81	0.74	0.83	0.53	0.74	0.89	0.58	0.59	0.28		0.78	-0.26
Common Stock Total Equity	0.84	0.74	0.84	-0.37	-0.66	0.63	0.25	0.73	0.76	-0.29	0.36	0.4	0.85	0.84	0.76	0.96	0.74	0.85	0.85	0.85	0.95	0.21	0.25	0.78		0.03
Common Stock Shares Outstanding	0.09	-0.14	-0.11	0.54	-0.48	-0.06	-0.07	0.12	0.22	-0.67	-0.11	-0.41	0.05	0.39	0.18	0.11	-0.18	0.38	0.15	0.13	0.2	-0.47	-0.09	-0.26	0.03

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G8 Education Account Relationship Matchups

G8 Education fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.2B	2.2B	2.0B	1.9B	1.9B	1.1B
Total Current Liabilities	227.5M	275.8M	253.9M	252.6M	285.3M	151.7M
Total Stockholder Equity	796.0M	868.5M	914.7M	883.4M	905.5M	527.7M
Net Tangible Assets	(397.2M)	(180.7M)	(142.8M)	(168.3M)	(151.4M)	(159.0M)
Retained Earnings	(130.4M)	(357.6M)	(359.8M)	(364.4M)	(100.7M)	(105.8M)
Accounts Payable	18.2M	18.4M	13.3M	9.6M	6.8M	8.2M
Cash	40.6M	317.0M	74.1M	37.8M	40.3M	68.5M
Net Receivables	31.9M	17.4M	37.2M	33.8M	23.8M	16.3M
Total Liab	1.5B	1.3B	1.1B	1.0B	997.3M	541.8M
Total Current Assets	83.7M	344.6M	123.6M	84.4M	78.4M	99.1M
Short Term Debt	68.5M	59.1M	60.6M	82.1M	82.6M	51.5M
Common Stock	893.6M	907.3M	1.2B	1.2B	897.8M	594.8M
Property Plant Equipment	710.1M	556.1M	548.6M	538.1M	618.8M	649.7M
Short Long Term Debt Total	1.1B	976.4M	728.9M	713.6M	778.1M	422.7M
Other Current Liab	140.8M	174.8M	154.8M	149.4M	182.9M	192.1M
Other Liab	13.8M	16.8M	21.7M	16.2M	18.6M	9.8M
Property Plant And Equipment Net	710.1M	553.5M	548.6M	538.1M	666.7M	700.1M
Net Debt	1.1B	659.4M	654.8M	675.7M	737.9M	774.8M
Non Current Assets Total	2.2B	1.9B	1.9B	1.8B	1.8B	1.0B
Other Assets	78.7M	118.1M	115.3M	108.6M	154.2M	161.9M
Long Term Debt	387.8M	295.1M	96.1M	127.9M	99M	176.8M
Cash And Short Term Investments	40.6M	317.0M	74.1M	37.8M	40.3M	73.4M
Good Will	1.2B	1.0B	1.1B	1.0B	1.0B	724.5M
Common Stock Total Equity	876.4M	893.6M	907.3M	1.2B	1.4B	1.5B
Short Term Investments	1.4M	1.0M	677K	19K	46K	43.7K
Liabilities And Stockholders Equity	2.2B	2.2B	2.0B	1.9B	1.9B	1.1B
Non Current Liabilities Total	1.2B	1.1B	811.5M	769.6M	712.0M	408.5M
Other Current Assets	9.7M	8.7M	10.9M	11.3M	13.0M	12.9M
Property Plant And Equipment Gross	710.1M	556.1M	996.1M	1.0B	1.2B	1.2B
Intangible Assets	1.2B	1.0B	1.1B	1.1B	3.2M	3.0M
Inventory	1.5M	1.5M	1.4M	1.4M	1.4M	2.4M
Accumulated Other Comprehensive Income	19.2M	16.9M	65.3M	73.3M	108.5M	113.9M
Current Deferred Revenue	9.6M	10.4M	12.6M	11.5M	11.6M	9.9M
Non Currrent Assets Other	5.9M	(1.0B)	(1.0B)	(1.0B)	5.9M	6.2M
Other Stockholder Equity	9.0M	174K	675K	1.2M	1.4M	1.5M
Long Term Debt Total	1.0B	907.0M	655.7M	631.5M	726.2M	598.1M
Net Invested Capital	1.2B	1.2B	1.0B	1.0B	1.0B	898.3M

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