GEM Net Receivables vs Other Assets 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 Other Assets 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 Other Assets
Net Receivables vs Other Assets 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 Other Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between G8 Education's Net Receivables and Other Assets is 0.62. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Assets 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 Other Assets 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 Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Net Receivables i.e., G8 Education's Net Receivables and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.62 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Receivables
Other Assets
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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