Stride Change To Account Receivables vs Capital Expenditures Analysis
LRN Stock | USD 105.21 0.87 0.82% |
Stride financial indicator trend analysis is much more than just breaking down Stride Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stride Inc is a good investment. Please check the relationship between Stride Change To Account Receivables and its Capital Expenditures accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Stride Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Change To Account Receivables vs Capital Expenditures
Change To Account Receivables vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stride Inc Change To Account Receivables account and Capital Expenditures. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Stride's Change To Account Receivables and Capital Expenditures is -0.1. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Stride Inc, assuming nothing else is changed. The correlation between historical values of Stride's Change To Account Receivables and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of Stride Inc are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change To Account Receivables i.e., Stride's Change To Account Receivables and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | -0.1 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Change To Account Receivables
Capital Expenditures
Capital Expenditures are funds used by Stride Inc to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Stride operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most indicators from Stride's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stride Inc 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Stride Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, Stride's Tax Provision is very stable compared to the past year. As of the 22nd of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.32, while Selling General Administrative is likely to drop about 272.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 8.3M | 8.4M | 8.8M | 9.3M | Depreciation And Amortization | 97.9M | 119.5M | 109.7M | 115.2M |
Stride fundamental ratios Correlations
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Stride Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Stride fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 40.7M | 41.9M | 42.4M | 42.7M | 43.5M | 34.4M | |
Total Assets | 1.1B | 1.6B | 1.6B | 1.8B | 1.9B | 2.0B | |
Short Long Term Debt Total | 235.2M | 466.3M | 565.7M | 543.8M | 528.2M | 554.6M | |
Other Current Liab | 74.6M | 110.0M | 86.0M | 84.0M | 83.8M | 49.8M | |
Total Current Liabilities | 273.4M | 306.2M | 302.1M | 309.1M | 244.3M | 145.8M | |
Total Stockholder Equity | 675.3M | 804.6M | 812.6M | 947.3M | 1.2B | 1.2B | |
Property Plant And Equipment Net | 150.4M | 166.7M | 147.0M | 121.8M | 105.4M | 68.4M | |
Current Deferred Revenue | 24.4M | 38.1M | 53.6M | 76.2M | 35.7M | 25.9M | |
Net Debt | 22.9M | 80.2M | 176.3M | 133.0M | 27.6M | 29.0M | |
Retained Earnings | 47.0M | 112.2M | 227.5M | 354.3M | 558.5M | 586.4M | |
Accounts Payable | 40.4M | 62.1M | 62.0M | 48.9M | 41.0M | 31.5M | |
Cash | 212.3M | 386.1M | 389.4M | 410.8M | 500.6M | 525.6M | |
Non Current Assets Total | 572.0M | 719.8M | 693.0M | 695.5M | 675.0M | 708.8M | |
Non Currrent Assets Other | 71.8M | 105.5M | 93.9M | 105.9M | 98.4M | 103.3M | |
Cash And Short Term Investments | 212.3M | 386.1M | 389.4M | 410.8M | 692.3M | 726.9M | |
Net Receivables | 236.1M | 369.3M | 418.6M | 463.7M | 472.8M | 496.4M | |
Liabilities And Stockholders Equity | 1.1B | 1.6B | 1.6B | 1.8B | 1.9B | 2.0B | |
Non Current Liabilities Total | 124.5M | 466.4M | 528.9M | 504.2M | 500.2M | 525.2M | |
Inventory | 28.3M | 39.7M | 36.0M | 36.7M | 36.7M | 32.2M | |
Other Current Assets | 11.5M | 62.5M | 106.6M | 154.0M | 43.7M | 30.8M | |
Total Liab | 397.9M | 772.6M | 831.0M | 813.4M | 744.4M | 781.7M | |
Property Plant And Equipment Gross | 150.4M | 166.7M | 147.0M | 121.8M | 217.9M | 228.8M | |
Total Current Assets | 501.3M | 857.5M | 950.5M | 1.1B | 1.2B | 1.3B | |
Short Term Debt | 134.0M | 96.0M | 100.4M | 100.1M | 83.8M | 88.0M | |
Intangible Assets | 174.8M | 207.2M | 211.0M | 209.0M | 195.5M | 125.0M | |
Other Liab | 23.3M | 48.1M | 13.4M | 10.5M | 12.1M | 18.5M | |
Other Assets | 116.5M | 155.9M | 114.3M | 109.9M | 126.4M | 65.9M | |
Property Plant Equipment | 150.4M | 166.7M | 61.5M | 52.3M | 60.2M | 56.2M | |
Other Stockholder Equity | 628.3M | 693.0M | 585.0M | 593.0M | 617.6M | 559.5M | |
Accumulated Other Comprehensive Income | 93K | (474K) | 143K | (35K) | (42K) | (44.1K) | |
Good Will | 174.9M | 240.4M | 241.0M | 246.7M | 283.7M | 297.9M | |
Net Tangible Assets | 374.4M | 407.5M | 360.5M | 491.6M | 565.3M | 419.1M | |
Retained Earnings Total Equity | 47.0M | 112.2M | 227.5M | 354.3M | 407.5M | 427.9M | |
Long Term Debt Total | 4.6M | 299.3M | 411.4M | 413.0M | 475.0M | 498.7M | |
Capital Surpluse | 730.8M | 795.4M | 687.5M | 695.5M | 799.8M | 739.0M |
Pair Trading with Stride
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Stride position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Stride will appreciate offsetting losses from the drop in the long position's value.Moving against Stride Stock
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The ability to find closely correlated positions to Stride could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Stride when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Stride - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Stride Inc to buy it.
The correlation of Stride is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Stride moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Stride Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Stride can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Stride Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Diversified Consumer Services 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 Stride. If investors know Stride 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 Stride 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 1.083 | Earnings Share 5.52 | Revenue Per Share 49.416 | Quarterly Revenue Growth 0.478 | Return On Assets 0.0981 |
The market value of Stride Inc is measured differently than its book value, which is the value of Stride that is recorded on the company's balance sheet. Investors also form their own opinion of Stride's value that differs from its market value or its book value, called intrinsic value, which is Stride'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 Stride's market value can be influenced by many factors that don't directly affect Stride'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 Stride's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stride is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stride'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.