AcadeMedia Change To Inventory vs Change To Netincome Analysis

0RHN Stock   60.00  0.16  0.27%   
AcadeMedia financial indicator trend analysis is way more than just evaluating AcadeMedia AB prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AcadeMedia AB is a good investment. Please check the relationship between AcadeMedia Change To Inventory and its Change To Netincome accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AcadeMedia AB. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Change To Inventory vs Change To Netincome

Change To Inventory vs Change To Netincome Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AcadeMedia AB Change To Inventory account and Change To Netincome. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between AcadeMedia's Change To Inventory and Change To Netincome is 0.41. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of AcadeMedia AB, assuming nothing else is changed. The correlation between historical values of AcadeMedia's Change To Inventory and Change To Netincome 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 Inventory of AcadeMedia AB are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Change To Inventory i.e., AcadeMedia's Change To Inventory and Change To Netincome go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Change To Netincome

Most indicators from AcadeMedia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AcadeMedia AB 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in AcadeMedia AB. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is likely to drop to about 149.2 M in 2024. Selling General Administrative is likely to drop to about 8.9 B in 2024
 2019 2020 2023 2024 (projected)
Interest Income409M395M454.3M477.0M
Tax Provision125M173M199.0M149.2M

AcadeMedia fundamental ratios Correlations

0.990.950.960.970.840.69-0.90.840.760.880.85-0.51.00.80.610.560.990.560.310.91-0.86-0.79-0.32
0.990.910.90.930.810.59-0.870.810.70.810.77-0.541.00.730.510.520.990.520.240.88-0.86-0.82-0.26
0.950.910.960.980.880.76-0.90.880.790.910.88-0.410.930.910.650.610.950.610.30.93-0.77-0.62-0.4
0.960.90.960.980.840.83-0.890.840.850.970.95-0.420.930.90.770.630.940.620.430.91-0.81-0.67-0.41
0.970.930.980.980.890.79-0.890.890.840.930.89-0.480.950.910.660.640.970.630.370.94-0.77-0.63-0.37
0.840.810.880.840.890.62-0.771.00.640.780.72-0.270.830.920.40.590.840.610.00.82-0.51-0.41-0.29
0.690.590.760.830.790.62-0.810.620.90.90.91-0.280.640.840.860.860.690.840.430.84-0.65-0.34-0.7
-0.9-0.87-0.9-0.89-0.89-0.77-0.81-0.77-0.72-0.88-0.860.54-0.89-0.81-0.67-0.78-0.91-0.79-0.18-0.960.890.680.69
0.840.810.880.840.891.00.62-0.770.640.780.72-0.270.830.920.40.590.840.610.00.82-0.51-0.41-0.29
0.760.70.790.850.840.640.9-0.720.640.880.88-0.270.730.810.80.750.770.720.480.79-0.63-0.39-0.42
0.880.810.910.970.930.780.9-0.880.780.880.99-0.30.850.910.870.690.860.680.410.87-0.77-0.58-0.54
0.850.770.880.950.890.720.91-0.860.720.880.99-0.260.810.870.920.680.820.670.440.84-0.78-0.58-0.57
-0.5-0.54-0.41-0.42-0.48-0.27-0.280.54-0.27-0.27-0.3-0.26-0.51-0.25-0.1-0.33-0.54-0.32-0.43-0.560.550.480.24
1.01.00.930.930.950.830.64-0.890.830.730.850.81-0.510.770.560.540.990.540.270.89-0.87-0.81-0.29
0.80.730.910.90.910.920.84-0.810.920.810.910.87-0.250.770.660.720.80.720.230.87-0.54-0.31-0.48
0.610.510.650.770.660.40.86-0.670.40.80.870.92-0.10.560.660.570.560.540.560.62-0.67-0.45-0.59
0.560.520.610.630.640.590.86-0.780.590.750.690.68-0.330.540.720.570.631.00.030.79-0.56-0.21-0.79
0.990.990.950.940.970.840.69-0.910.840.770.860.82-0.540.990.80.560.630.620.250.93-0.86-0.76-0.35
0.560.520.610.620.630.610.84-0.790.610.720.680.67-0.320.540.720.541.00.62-0.020.79-0.54-0.2-0.8
0.310.240.30.430.370.00.43-0.180.00.480.410.44-0.430.270.230.560.030.25-0.020.28-0.32-0.290.04
0.910.880.930.910.940.820.84-0.960.820.790.870.84-0.560.890.870.620.790.930.790.28-0.81-0.6-0.56
-0.86-0.86-0.77-0.81-0.77-0.51-0.650.89-0.51-0.63-0.77-0.780.55-0.87-0.54-0.67-0.56-0.86-0.54-0.32-0.810.90.52
-0.79-0.82-0.62-0.67-0.63-0.41-0.340.68-0.41-0.39-0.58-0.580.48-0.81-0.31-0.45-0.21-0.76-0.2-0.29-0.60.90.15
-0.32-0.26-0.4-0.41-0.37-0.29-0.70.69-0.29-0.42-0.54-0.570.24-0.29-0.48-0.59-0.79-0.35-0.80.04-0.560.520.15
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AcadeMedia Account Relationship Matchups

AcadeMedia fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.4B9.7B16.5B17.4B20.0B13.4B
Short Long Term Debt Total2.2B2.2B8.2B8.3B9.6B5.1B
Total Current Liabilities3.2B3.6B4.7B4.0B4.6B3.6B
Total Stockholder Equity4.3B4.6B4.8B5.3B6.1B4.9B
Retained Earnings1.9B2.1B2.6B3.0B3.5B2.3B
Cash699M527M528M966M1.1B725.8M
Other Assets33M35M43M92M105.8M111.1M
Long Term Debt2.2B2.1B1.9B1.8B1.6B1.6B
Cash And Short Term Investments699M527M528M966M1.1B725.8M
Net Receivables596M339M537M840M966M590.7M
Good Will5.9B6.0B6.0B6.2B7.1B6.4B
Capital Surpluse2.6B2.6B2.6B2.6B3.0B2.8B
Total Liab5.1B5.1B11.7B12.1B13.9B8.5B
Total Current Assets1.2B1.6B1.8B1.8B2.1B1.7B
Intangible Assets242M248M239M221M254.2M253.2M
Property Plant Equipment9.1B9.3B10.3B11.3B13.0B7.0B
Other Current Liab447M681M573M2.5B2.9B3.0B
Other Liab206M161M185M180M162M156.4M
Net Tangible Assets(1.4B)(1.1B)(840M)(561M)(645.2M)(677.4M)
Accounts Payable492M293M383M411M369.9M335.7M
Other Stockholder Equity22M(50M)(36M)(1M)(900K)(945K)

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