Udemy Total Current Assets vs Net Debt 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 Total Current Assets and its Net Debt 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.
Total Current Assets vs Net Debt
Total Current Assets vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Udemy Inc Total Current Assets account and Net Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Udemy's Total Current Assets and Net Debt is -0.94. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Debt 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 Total Current Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Udemy Inc are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Current Assets i.e., Udemy's Total Current Assets and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.94 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.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 |
Udemy fundamental ratios Correlations
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Udemy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.