GEM Non Current Assets Total vs Short Long Term Debt Total 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 Non Current Assets Total and its Short Long Term Debt Total 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.

Non Current Assets Total vs Short Long Term Debt Total

Non Current Assets Total vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of G8 Education Non Current Assets Total account and Short Long Term Debt Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between G8 Education's Non Current Assets Total and Short Long Term Debt Total is 0.96. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Short Long Term Debt Total 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 Non Current Assets Total and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of G8 Education are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Non Current Assets Total i.e., G8 Education's Non Current Assets Total and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Short Long Term Debt Total

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 Expenses753.7M796.3M703.8M473.4M
Depreciation And Amortization88.7M95.3M103.0M108.1M

G8 Education fundamental ratios Correlations

0.820.93-0.6-0.720.840.370.850.97-0.220.490.420.950.780.960.840.770.760.880.990.730.450.370.910.840.09
0.820.87-0.5-0.490.790.360.720.720.020.50.840.830.540.730.650.610.530.640.80.580.220.350.840.74-0.14
0.930.87-0.6-0.580.790.290.830.8-0.060.440.560.960.60.80.770.860.590.730.920.670.390.280.960.84-0.11
-0.6-0.5-0.60.04-0.57-0.2-0.49-0.54-0.33-0.29-0.37-0.5-0.21-0.59-0.42-0.51-0.2-0.53-0.58-0.17-0.89-0.21-0.79-0.370.54
-0.72-0.49-0.580.04-0.56-0.36-0.68-0.760.45-0.42-0.08-0.77-0.74-0.71-0.69-0.52-0.72-0.64-0.72-0.68-0.01-0.35-0.46-0.66-0.48
0.840.790.79-0.57-0.560.440.690.8-0.040.560.560.820.580.80.610.610.550.690.810.480.420.430.80.63-0.06
0.370.360.29-0.2-0.360.44-0.020.4-0.150.980.140.370.150.40.330.050.140.160.280.170.431.00.290.25-0.07
0.850.720.83-0.49-0.680.69-0.020.79-0.110.130.420.860.690.770.690.750.670.780.880.620.22-0.030.80.730.12
0.970.720.8-0.54-0.760.80.40.79-0.310.490.290.870.841.00.830.650.820.910.970.720.450.390.80.760.22
-0.220.02-0.06-0.330.45-0.04-0.15-0.11-0.31-0.120.3-0.17-0.52-0.29-0.30.1-0.52-0.33-0.24-0.40.2-0.150.05-0.29-0.67
0.490.50.44-0.29-0.420.560.980.130.49-0.120.260.50.220.490.420.180.20.250.40.250.460.980.430.36-0.11
0.420.840.56-0.37-0.080.560.140.420.290.30.260.460.150.310.230.310.140.270.40.220.020.140.550.4-0.41
0.950.830.96-0.5-0.770.820.370.860.87-0.170.50.460.690.850.80.840.670.760.940.710.340.360.90.850.05
0.780.540.6-0.21-0.740.580.150.690.84-0.520.220.150.690.830.890.51.00.940.820.910.110.140.540.840.39
0.960.730.8-0.59-0.710.80.40.771.0-0.290.490.310.850.830.830.630.820.920.960.710.490.40.810.760.18
0.840.650.77-0.42-0.690.610.330.690.83-0.30.420.230.80.890.830.670.890.90.850.940.340.330.740.960.11
0.770.610.86-0.51-0.520.610.050.750.650.10.180.310.840.50.630.670.50.610.780.630.330.050.830.74-0.18
0.760.530.59-0.2-0.720.550.140.670.82-0.520.20.140.671.00.820.890.50.930.80.930.090.130.530.850.38
0.880.640.73-0.53-0.640.690.160.780.91-0.330.250.270.760.940.920.90.610.930.90.850.380.150.740.850.15
0.990.80.92-0.58-0.720.810.280.880.97-0.240.40.40.940.820.960.850.780.80.90.760.410.270.890.850.13
0.730.580.67-0.17-0.680.480.170.620.72-0.40.250.220.710.910.710.940.630.930.850.760.050.170.580.950.2
0.450.220.39-0.89-0.010.420.430.220.450.20.460.020.340.110.490.340.330.090.380.410.050.440.590.21-0.47
0.370.350.28-0.21-0.350.431.0-0.030.39-0.150.980.140.360.140.40.330.050.130.150.270.170.440.280.25-0.09
0.910.840.96-0.79-0.460.80.290.80.80.050.430.550.90.540.810.740.830.530.740.890.580.590.280.78-0.26
0.840.740.84-0.37-0.660.630.250.730.76-0.290.360.40.850.840.760.960.740.850.850.850.950.210.250.780.03
0.09-0.14-0.110.54-0.48-0.06-0.070.120.22-0.67-0.11-0.410.050.390.180.11-0.180.380.150.130.2-0.47-0.09-0.260.03
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G8 Education Account Relationship Matchups

G8 Education fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.2B2.2B2.0B1.9B1.9B1.1B
Total Current Liabilities227.5M275.8M253.9M252.6M285.3M151.7M
Total Stockholder Equity796.0M868.5M914.7M883.4M905.5M527.7M
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 Payable18.2M18.4M13.3M9.6M6.8M8.2M
Cash40.6M317.0M74.1M37.8M40.3M68.5M
Net Receivables31.9M17.4M37.2M33.8M23.8M16.3M
Total Liab1.5B1.3B1.1B1.0B997.3M541.8M
Total Current Assets83.7M344.6M123.6M84.4M78.4M99.1M
Short Term Debt68.5M59.1M60.6M82.1M82.6M51.5M
Common Stock893.6M907.3M1.2B1.2B897.8M594.8M
Property Plant Equipment710.1M556.1M548.6M538.1M618.8M649.7M
Short Long Term Debt Total1.1B976.4M728.9M713.6M778.1M422.7M
Other Current Liab140.8M174.8M154.8M149.4M182.9M192.1M
Other Liab13.8M16.8M21.7M16.2M18.6M9.8M
Property Plant And Equipment Net710.1M553.5M548.6M538.1M666.7M700.1M
Net Debt1.1B659.4M654.8M675.7M737.9M774.8M
Non Current Assets Total2.2B1.9B1.9B1.8B1.8B1.0B
Other Assets78.7M118.1M115.3M108.6M154.2M161.9M
Long Term Debt387.8M295.1M96.1M127.9M99M176.8M
Cash And Short Term Investments40.6M317.0M74.1M37.8M40.3M73.4M
Good Will1.2B1.0B1.1B1.0B1.0B724.5M
Common Stock Total Equity876.4M893.6M907.3M1.2B1.4B1.5B
Short Term Investments1.4M1.0M677K19K46K43.7K
Liabilities And Stockholders Equity2.2B2.2B2.0B1.9B1.9B1.1B
Non Current Liabilities Total1.2B1.1B811.5M769.6M712.0M408.5M
Other Current Assets9.7M8.7M10.9M11.3M13.0M12.9M
Property Plant And Equipment Gross710.1M556.1M996.1M1.0B1.2B1.2B
Intangible Assets1.2B1.0B1.1B1.1B3.2M3.0M
Inventory1.5M1.5M1.4M1.4M1.4M2.4M
Accumulated Other Comprehensive Income19.2M16.9M65.3M73.3M108.5M113.9M
Current Deferred Revenue9.6M10.4M12.6M11.5M11.6M9.9M
Non Currrent Assets Other5.9M(1.0B)(1.0B)(1.0B)5.9M6.2M
Other Stockholder Equity9.0M174K675K1.2M1.4M1.5M
Long Term Debt Total1.0B907.0M655.7M631.5M726.2M598.1M
Net Invested Capital1.2B1.2B1.0B1.0B1.0B898.3M

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