GEM Net Receivables vs Common Stock Analysis
GEM Stock | 1.37 0.01 0.74% |
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 Receivables and its Common Stock 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 Receivables vs Common Stock
Net Receivables vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of G8 Education Net Receivables account and Common Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between G8 Education's Net Receivables and Common Stock is 0.86. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Common Stock 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 Receivables and Common Stock 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 Receivables of G8 Education are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Net Receivables i.e., G8 Education's Net Receivables and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Receivables
Common Stock
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 |
G8 Education fundamental ratios Correlations
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G8 Education Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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When running G8 Education's price analysis, check to measure G8 Education'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 G8 Education is operating at the current time. Most of G8 Education's value examination focuses on studying past and present price action to predict the probability of G8 Education's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move G8 Education's price. Additionally, you may evaluate how the addition of G8 Education to your portfolios can decrease your overall portfolio volatility.