New Net Invested Capital from 2010 to 2024
| EDU Stock | USD 84.75 3.86 4.77% |
Net Invested Capital | First Reported 2010-12-31 | Previous Quarter 4.2 B | Current Value 3.4 B | Quarterly Volatility 1.2 B |
Check New Oriental financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New main balance sheet or income statement drivers, such as Depreciation And Amortization of 939.5 K, Interest Expense of 1.2 M or Selling And Marketing Expenses of 537 M, as well as many exotic indicators such as Price To Sales Ratio of 2.3, Dividend Yield of 0.0049 or PTB Ratio of 1.92. New financial statements analysis is a perfect complement when working with New Oriental Valuation or Volatility modules.
New | Net Invested Capital |
Latest New Oriental's Net Invested Capital Growth Pattern
Below is the plot of the Net Invested Capital of New Oriental Education over the last few years. It is the total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents. New Oriental's Net Invested Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in New Oriental's overall financial position and show how it may be relating to other accounts over time.
| Net Invested Capital | 10 Years Trend |
|
Net Invested Capital |
| Timeline |
New Net Invested Capital Regression Statistics
| Arithmetic Mean | 2,614,707,089 | |
| Geometric Mean | 2,408,110,874 | |
| Coefficient Of Variation | 44.15 | |
| Mean Deviation | 975,599,440 | |
| Median | 1,991,589,000 | |
| Standard Deviation | 1,154,336,934 | |
| Sample Variance | 1332493.8T | |
| Range | 3.5B | |
| R-Value | 0.81 | |
| Mean Square Error | 491107.9T | |
| R-Squared | 0.66 | |
| Significance | 0.0002 | |
| Slope | 209,340,036 | |
| Total Sum of Squares | 18654912.6T |
New Net Invested Capital History
About New Oriental Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include New Oriental income statement, its balance sheet, and the statement of cash flows. New Oriental investors use historical funamental indicators, such as New Oriental's Net Invested Capital, to determine how well the company is positioned to perform in the future. Although New Oriental investors may use each financial statement separately, they are all related. The changes in New Oriental's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on New Oriental's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on New Oriental Financial Statements. Understanding these patterns can help to make the right decision on long term investment in New Oriental. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Invested Capital | 4.2 B | 3.4 B |
Pair Trading with New Oriental
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if New Oriental position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in New Oriental will appreciate offsetting losses from the drop in the long position's value.Moving against New Stock
| 0.52 | LRN | Stride Inc Financial Report 20th of August 2024 | PairCorr |
| 0.45 | GV | Visionary Education Symbol Change | PairCorr |
| 0.42 | JZ | Jianzhi Education Report 4th of October 2024 | PairCorr |
The ability to find closely correlated positions to New Oriental could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace New Oriental when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back New Oriental - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling New Oriental Education to buy it.
The correlation of New Oriental is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as New Oriental moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if New Oriental Education moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for New Oriental can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of New Oriental Correlation against competitors. Note that the New Oriental Education information on this page should be used as a complementary analysis to other New Oriental's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for New Stock analysis
When running New Oriental's price analysis, check to measure New Oriental'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 New Oriental is operating at the current time. Most of New Oriental's value examination focuses on studying past and present price action to predict the probability of New Oriental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Oriental's price. Additionally, you may evaluate how the addition of New Oriental to your portfolios can decrease your overall portfolio volatility.
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Is New Oriental's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of New Oriental. If investors know New will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about New Oriental listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.023 | Earnings Share 1.8 | Revenue Per Share 24.418 | Quarterly Revenue Growth 0.601 | Return On Assets 0.0363 |
The market value of New Oriental Education is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New Oriental's value that differs from its market value or its book value, called intrinsic value, which is New Oriental's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because New Oriental's market value can be influenced by many factors that don't directly affect New Oriental's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between New Oriental's value and its price as these two are different measures arrived at by different means. Investors typically determine if New Oriental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Oriental's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.