Udemy Non Current Assets Total vs Short Term Investments 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 Non Current Assets Total and its Short Term Investments 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.

Non Current Assets Total vs Short Term Investments

Non Current Assets Total vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Udemy Inc Non Current Assets Total account and Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Udemy's Non Current Assets Total and Short Term Investments is 0.83. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Short Term Investments 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 Non Current Assets Total and Short Term Investments 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 Udemy Inc are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Non Current Assets Total i.e., Udemy's Non Current Assets Total and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.83

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

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 Term Investments

Short Term Investments is an item under the current assets section of Udemy balance sheet. It contains any investments Udemy Inc undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Udemy Inc can easily liquidate in the marketplace.

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 Expense	32K	4.3M	518K	492.1K
Depreciation And Amortization	15.3M	27.4M	24.6M	19.2M

Interest Expense Depreciation And Amortization

Udemy fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Net Invested Capital
Total Assets		0.9	0.99	0.97	0.92	0.97	0.75	0.98	-0.94	-0.88	-0.1	0.94	0.99	0.65	0.96	1.0	0.98	0.55	0.77	-0.84	0.47	0.96	0.97	0.2	0.96	0.97
Other Current Liab	0.9		0.92	0.8	0.97	0.8	0.65	0.88	-0.89	-0.79	0.03	0.9	0.85	0.58	0.85	0.9	0.87	0.49	0.64	-0.55	0.46	0.87	0.78	0.56	0.84	0.8
Total Current Liabilities	0.99	0.92		0.95	0.95	0.94	0.79	0.99	-0.9	-0.92	-0.19	0.9	0.98	0.74	0.97	0.98	0.99	0.61	0.83	-0.79	0.41	0.97	0.95	0.29	0.97	0.95
Total Stockholder Equity	0.97	0.8	0.95		0.84	1.0	0.73	0.94	-0.91	-0.91	-0.2	0.92	0.96	0.59	0.9	0.97	0.94	0.65	0.81	-0.94	0.37	0.92	0.97	-0.02	0.91	1.0
Other Liab	0.92	0.97	0.95	0.84		0.84	0.63	0.93	-0.85	-0.88	-0.17	0.86	0.89	0.7	0.92	0.92	0.91	0.62	0.76	-0.62	0.29	0.94	0.84	0.49	0.92	0.84
Net Tangible Assets	0.97	0.8	0.94	1.0	0.84		0.72	0.94	-0.91	-0.91	-0.22	0.91	0.96	0.6	0.9	0.96	0.93	0.67	0.82	-0.94	0.35	0.92	0.97	-0.03	0.9	1.0
Property Plant And Equipment Net	0.75	0.65	0.79	0.73	0.63	0.72		0.8	-0.6	-0.71	-0.2	0.61	0.83	0.78	0.75	0.72	0.85	0.36	0.75	-0.64	0.53	0.71	0.73	0.21	0.75	0.73
Current Deferred Revenue	0.98	0.88	0.99	0.94	0.93	0.94	0.8		-0.85	-0.93	-0.26	0.86	0.99	0.79	0.99	0.96	1.0	0.62	0.87	-0.81	0.36	0.99	0.96	0.26	0.99	0.94
Net Debt	-0.94	-0.89	-0.9	-0.91	-0.85	-0.91	-0.6	-0.85		0.74	-0.16	-1.0	-0.88	-0.37	-0.81	-0.96	-0.85	-0.44	-0.56	0.77	-0.57	-0.83	-0.87	-0.18	-0.81	-0.91
Retained Earnings	-0.88	-0.79	-0.92	-0.91	-0.88	-0.91	-0.71	-0.93	0.74		0.52	-0.74	-0.9	-0.79	-0.9	-0.86	-0.91	-0.86	-0.96	0.8	-0.06	-0.93	-0.87	-0.12	-0.9	-0.91
Accounts Payable	-0.1	0.03	-0.19	-0.2	-0.17	-0.22	-0.2	-0.26	-0.16	0.52		0.16	-0.19	-0.62	-0.29	-0.05	-0.23	-0.74	-0.69	0.3	0.71	-0.3	-0.21	0.22	-0.28	-0.2
Cash	0.94	0.9	0.9	0.92	0.86	0.91	0.61	0.86	-1.0	-0.74	0.16		0.89	0.38	0.82	0.97	0.86	0.43	0.56	-0.77	0.58	0.84	0.88	0.19	0.82	0.92
Non Current Assets Total	0.99	0.85	0.98	0.96	0.89	0.96	0.83	0.99	-0.88	-0.9	-0.19	0.89		0.73	0.97	0.98	0.99	0.56	0.83	-0.86	0.46	0.96	0.98	0.16	0.97	0.96
Non Currrent Assets Other	0.65	0.58	0.74	0.59	0.7	0.6	0.78	0.79	-0.37	-0.79	-0.62	0.38	0.73		0.81	0.6	0.79	0.57	0.88	-0.5	0.04	0.78	0.67	0.35	0.81	0.59
Other Assets	0.96	0.85	0.97	0.9	0.92	0.9	0.75	0.99	-0.81	-0.9	-0.29	0.82	0.97	0.81		0.94	0.98	0.58	0.85	-0.79	0.32	0.99	0.96	0.27	1.0	0.9
Cash And Short Term Investments	1.0	0.9	0.98	0.97	0.92	0.96	0.72	0.96	-0.96	-0.86	-0.05	0.97	0.98	0.6	0.94		0.96	0.53	0.73	-0.84	0.49	0.95	0.96	0.2	0.94	0.97
Net Receivables	0.98	0.87	0.99	0.94	0.91	0.93	0.85	1.0	-0.85	-0.91	-0.23	0.86	0.99	0.79	0.98	0.96		0.58	0.86	-0.81	0.42	0.97	0.96	0.26	0.98	0.94
Common Stock Shares Outstanding	0.55	0.49	0.61	0.65	0.62	0.67	0.36	0.62	-0.44	-0.86	-0.74	0.43	0.56	0.57	0.58	0.53	0.58		0.85	-0.61	-0.41	0.64	0.56	-0.1	0.58	0.65
Short Term Investments	0.77	0.64	0.83	0.81	0.76	0.82	0.75	0.87	-0.56	-0.96	-0.69	0.56	0.83	0.88	0.85	0.73	0.86	0.85		-0.77	-0.05	0.86	0.8	0.05	0.85	0.81
Non Current Liabilities Total	-0.84	-0.55	-0.79	-0.94	-0.62	-0.94	-0.64	-0.81	0.77	0.8	0.3	-0.77	-0.86	-0.5	-0.79	-0.84	-0.81	-0.61	-0.77		-0.26	-0.8	-0.92	0.35	-0.79	-0.94
Inventory	0.47	0.46	0.41	0.37	0.29	0.35	0.53	0.36	-0.57	-0.06	0.71	0.58	0.46	0.04	0.32	0.49	0.42	-0.41	-0.05	-0.26		0.27	0.39	0.28	0.33	0.37
Other Current Assets	0.96	0.87	0.97	0.92	0.94	0.92	0.71	0.99	-0.83	-0.93	-0.3	0.84	0.96	0.78	0.99	0.95	0.97	0.64	0.86	-0.8	0.27		0.96	0.26	0.99	0.92
Other Stockholder Equity	0.97	0.78	0.95	0.97	0.84	0.97	0.73	0.96	-0.87	-0.87	-0.21	0.88	0.98	0.67	0.96	0.96	0.96	0.56	0.8	-0.92	0.39	0.96		0.03	0.96	0.97
Total Liab	0.2	0.56	0.29	-0.02	0.49	-0.03	0.21	0.26	-0.18	-0.12	0.22	0.19	0.16	0.35	0.27	0.2	0.26	-0.1	0.05	0.35	0.28	0.26	0.03		0.26	-0.02
Deferred Long Term Liab	0.96	0.84	0.97	0.91	0.92	0.9	0.75	0.99	-0.81	-0.9	-0.28	0.82	0.97	0.81	1.0	0.94	0.98	0.58	0.85	-0.79	0.33	0.99	0.96	0.26		0.91
Net Invested Capital	0.97	0.8	0.95	1.0	0.84	1.0	0.73	0.94	-0.91	-0.91	-0.2	0.92	0.96	0.59	0.9	0.97	0.94	0.65	0.81	-0.94	0.37	0.92	0.97	-0.02	0.91

Click cells to compare fundamentals

Udemy Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

Additional Tools for Udemy Stock Analysis

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Udemy Non Current Assets Total vs Short Term Investments Analysis

Non Current Assets Total vs Short Term Investments

Non Current Assets Total vs Short Term Investments Correlation Analysis

Correlation Coefficient

Non Current Assets Total

Short Term Investments

Udemy fundamental ratios Correlations

Udemy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Also Currently Popular

Additional Tools for Udemy Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Net Invested Capital	+ 1.0	Total Stockholder Equity
Net Invested Capital	+ 1.0	Net Tangible Assets
Net Receivables	+ 1.0	Current Deferred Revenue
Deferred Long Term Liab	+ 1.0	Other Assets

Cash	- 1.0	Net Debt
Short Term Investments	- 0.96	Retained Earnings
Cash And Short Term Investments	- 0.96	Net Debt
Net Invested Capital	- 0.94	Non Current Liabilities Total
Non Current Liabilities Total	- 0.94	Net Tangible Assets
Non Current Liabilities Total	- 0.94	Total Stockholder Equity