Nerdy Net Tangible Assets vs Property Plant Equipment Analysis

NRDY Stock  USD 1.66  0.01  0.60%   
Nerdy financial indicator trend analysis is infinitely more than just investigating Nerdy Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nerdy Inc is a good investment. Please check the relationship between Nerdy Net Tangible Assets and its Property Plant Equipment accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nerdy 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 unemployment.

Net Tangible Assets vs Property Plant Equipment

Net Tangible Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nerdy Inc Net Tangible Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Nerdy's Net Tangible Assets and Property Plant Equipment is -0.04. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Nerdy Inc, assuming nothing else is changed. The correlation between historical values of Nerdy's Net Tangible Assets and Property Plant Equipment 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 Tangible Assets of Nerdy Inc are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Tangible Assets i.e., Nerdy's Net Tangible Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Property Plant Equipment

Most indicators from Nerdy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nerdy 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 Nerdy 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 unemployment.
Tax Provision is likely to rise to about 97.8 K in 2025, whereas Selling General Administrative is likely to drop slightly above 92.2 M in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense483K3.4M3.9M2.7M
Depreciation And Amortization6.5M6.8M7.8M6.1M

Nerdy fundamental ratios Correlations

0.36-0.430.390.230.5-0.090.580.24-0.31-0.230.070.28-0.01-0.17-0.30.320.280.44-0.19-0.520.410.46-0.530.510.51
0.36-0.950.850.910.850.490.410.97-0.99-0.850.670.99-0.78-0.64-0.850.820.990.78-0.4-0.810.990.94-0.780.830.79
-0.43-0.95-0.8-0.82-0.96-0.34-0.51-0.90.950.81-0.54-0.910.690.490.85-0.75-0.91-0.870.490.94-0.98-0.950.92-0.95-0.83
0.390.85-0.80.930.660.70.680.8-0.78-0.930.860.79-0.66-0.83-0.950.960.790.87-0.49-0.640.850.93-0.60.630.94
0.230.91-0.820.930.620.80.390.93-0.87-0.970.910.89-0.87-0.76-0.960.950.890.8-0.48-0.590.880.9-0.540.60.81
0.50.85-0.960.660.620.060.570.75-0.85-0.620.290.79-0.5-0.34-0.680.570.790.82-0.49-1.00.890.86-0.991.00.76
-0.090.49-0.340.70.80.060.10.59-0.45-0.820.960.5-0.72-0.7-0.760.780.50.48-0.32-0.030.430.50.030.030.49
0.580.41-0.510.680.390.570.10.24-0.3-0.430.310.270.0-0.47-0.530.580.270.72-0.42-0.590.470.63-0.60.560.83
0.240.97-0.90.80.930.750.590.24-0.97-0.860.720.99-0.89-0.6-0.850.810.990.72-0.42-0.710.950.88-0.670.730.7
-0.31-0.990.95-0.78-0.87-0.85-0.45-0.3-0.970.82-0.61-0.990.790.570.82-0.74-0.99-0.730.350.81-0.98-0.910.78-0.83-0.72
-0.23-0.850.81-0.93-0.97-0.62-0.82-0.43-0.860.82-0.91-0.820.80.730.99-0.93-0.82-0.850.490.59-0.83-0.890.55-0.59-0.84
0.070.67-0.540.860.910.290.960.310.72-0.61-0.910.65-0.79-0.82-0.870.910.650.66-0.47-0.260.620.68-0.20.260.68
0.280.99-0.910.790.890.790.50.270.99-0.99-0.820.65-0.82-0.62-0.810.761.00.69-0.35-0.750.960.89-0.710.770.69
-0.01-0.780.69-0.66-0.87-0.5-0.720.0-0.890.790.8-0.79-0.820.590.78-0.74-0.82-0.620.60.45-0.73-0.650.41-0.48-0.48
-0.17-0.640.49-0.83-0.76-0.34-0.7-0.47-0.60.570.73-0.82-0.620.590.71-0.77-0.62-0.580.430.3-0.57-0.620.27-0.32-0.62
-0.3-0.850.85-0.95-0.96-0.68-0.76-0.53-0.850.820.99-0.87-0.810.780.71-0.94-0.81-0.920.570.67-0.85-0.920.63-0.66-0.89
0.320.82-0.750.960.950.570.780.580.81-0.74-0.930.910.76-0.74-0.77-0.940.760.84-0.55-0.550.810.88-0.510.550.89
0.280.99-0.910.790.890.790.50.270.99-0.99-0.820.651.0-0.82-0.62-0.810.760.69-0.35-0.750.960.89-0.710.770.69
0.440.78-0.870.870.80.820.480.720.72-0.73-0.850.660.69-0.62-0.58-0.920.840.69-0.73-0.820.810.89-0.80.80.93
-0.19-0.40.49-0.49-0.48-0.49-0.32-0.42-0.420.350.49-0.47-0.350.60.430.57-0.55-0.35-0.730.49-0.41-0.420.49-0.48-0.49
-0.52-0.810.94-0.64-0.59-1.0-0.03-0.59-0.710.810.59-0.26-0.750.450.30.67-0.55-0.75-0.820.49-0.87-0.841.0-1.0-0.76
0.410.99-0.980.850.880.890.430.470.95-0.98-0.830.620.96-0.73-0.57-0.850.810.960.81-0.41-0.870.97-0.840.880.83
0.460.94-0.950.930.90.860.50.630.88-0.91-0.890.680.89-0.65-0.62-0.920.880.890.89-0.42-0.840.97-0.810.840.94
-0.53-0.780.92-0.6-0.54-0.990.03-0.6-0.670.780.55-0.2-0.710.410.270.63-0.51-0.71-0.80.491.0-0.84-0.81-1.0-0.74
0.510.83-0.950.630.61.00.030.560.73-0.83-0.590.260.77-0.48-0.32-0.660.550.770.8-0.48-1.00.880.84-1.00.74
0.510.79-0.830.940.810.760.490.830.7-0.72-0.840.680.69-0.48-0.62-0.890.890.690.93-0.49-0.760.830.94-0.740.74
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Nerdy Account Relationship Matchups

Nerdy fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding54.8M79.2M85.9M97.2M111.7M79.0M
Total Assets57.3M177.1M132.7M124.7M143.5M121.1M
Short Long Term Debt Total47.6M841K1.5M4.7M4.2M4.0M
Other Current Liab6.1M7.6M6.3M9.3M10.7M7.1M
Total Current Liabilities34.3M41.9M37.3M35.6M40.9M37.4M
Total Stockholder Equity(398.5M)50.7M46.9M52.5M60.3M63.4M
Property Plant And Equipment Net10.3M10.7M12.5M20M23M14.6M
Current Deferred Revenue17.3M30.0M25.5M20.5M23.6M23.8M
Net Debt18.3M(143.1M)(89.2M)(73.5M)(66.2M)(69.5M)
Retained Earnings(412.4M)(439.7M)(475.1M)(515.3M)(463.8M)(486.9M)
Accounts Payable4.4M3.6M3.2M3.4M4.0M3.7M
Cash29.3M144.0M90.7M74.8M86.0M80.0M
Non Current Assets Total25.7M21.7M25.0M29.7M26.7M21.3M
Non Currrent Assets Other1.2M832K3.2M929K836.1K1.4M
Other Assets1.2M832K316K1.00.90.86
Cash And Short Term Investments29.3M144.0M90.7M74.8M86.0M80.0M
Net Receivables475K5.3M11.6M15.4M17.7M18.6M
Liabilities And Stockholders Equity57.3M177.1M132.7M124.7M143.5M121.1M
Non Current Liabilities Total421.4M39.4M14.3M3.5M3.2M3.0M
Other Current Assets1.8M6.2M5.3M4.8M5.5M4.5M
Other Stockholder Equity6.8M490.2M522.0M567.7M652.9M350.2M
Total Liab455.7M81.3M51.6M39.1M35.2M33.5M
Net Invested Capital(357.6M)50.7M46.9M52.5M60.3M63.4M
Property Plant And Equipment Gross22.8M28.5M36.2M43.5M50.0M33.4M
Total Current Assets31.6M155.5M107.7M95.0M109.3M91.9M
Accumulated Other Comprehensive Income296K136K(12K)31K27.9K26.5K
Net Working Capital(2.8M)113.5M70.3M59.4M68.3M54.5M
Short Term Debt6.5M841K1.5M1.3M1.2M1.8M
Intangible Assets8.5M4.4M3.6M3.1M2.8M4.7M

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