Udemy Investments vs Other Non Cash Items Analysis

UDMY Stock  USD 7.96  0.09  1.12%   
Udemy financial indicator trend analysis is much more than just breaking down Udemy Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Udemy Inc is a good investment. Please check the relationship between Udemy Investments and its Other Non Cash Items accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Udemy 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 population.

Investments vs Other Non Cash Items

Investments vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Udemy Inc Investments account and Other Non Cash Items. At this time, the significance of the direction appears to have pay attention.
The correlation between Udemy's Investments and Other Non Cash Items is -0.92. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Udemy Inc, assuming nothing else is changed. The correlation between historical values of Udemy's Investments and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Udemy Inc are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Investments i.e., Udemy's Investments and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.92
Relationship DirectionNegative 
Relationship StrengthSignificant

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Other Non Cash Items

Most indicators from Udemy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Udemy 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Udemy 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 population.
Enterprise Value is likely to rise to about 1.9 B in 2024, whereas Tax Provision is likely to drop slightly above 2.7 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense32K4.3M518K492.1K
Depreciation And Amortization15.3M27.4M24.6M19.2M

Udemy fundamental ratios Correlations

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Udemy Account Relationship Matchups

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When running Udemy's price analysis, check to measure Udemy'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 Udemy is operating at the current time. Most of Udemy's value examination focuses on studying past and present price action to predict the probability of Udemy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Udemy's price. Additionally, you may evaluate how the addition of Udemy to your portfolios can decrease your overall portfolio volatility.