AcadeMedia Net Income vs Change To Inventory 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 Net Income and its Change To Inventory 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.

Net Income vs Change To Inventory

Net Income vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AcadeMedia AB Net Income account and Change To Inventory. At this time, the significance of the direction appears to have strong relationship.
The correlation between AcadeMedia's Net Income and Change To Inventory is 0.6. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Inventory 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 Net Income and Change To Inventory 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 Income of AcadeMedia AB are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Net Income i.e., AcadeMedia's Net Income and Change To Inventory go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in AcadeMedia AB financial statement analysis. It represents the amount of money remaining after all of AcadeMedia AB operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.
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
Click cells to compare fundamentals

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