Stride Total Current Liabilities vs Property Plant And Equipment Gross Analysis

LRN Stock  USD 70.75  0.16  0.23%   
Stride financial indicator trend analysis is much more than just breaking down Stride Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stride Inc is a good investment. Please check the relationship between Stride Total Current Liabilities and its Property Plant And Equipment Gross accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Stride Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Total Current Liabilities vs Property Plant And Equipment Gross

Total Current Liabilities vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stride Inc Total Current Liabilities account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have strong relationship.
The correlation between Stride's Total Current Liabilities and Property Plant And Equipment Gross is 0.69. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Stride Inc, assuming nothing else is changed. The correlation between historical values of Stride's Total Current Liabilities and Property Plant And Equipment Gross 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 Liabilities of Stride Inc are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Total Current Liabilities i.e., Stride's Total Current Liabilities and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on Stride balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Stride Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Property Plant And Equipment Gross

Most indicators from Stride's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stride 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Stride Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Stride's Tax Provision is very stable compared to the past year. As of the 29th of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.33, while Selling General Administrative is likely to drop about 264.5 M.
 2021 2022 2023 2024 (projected)
Interest Expense8.3M8.4M9.7M10.1M
Depreciation And Amortization97.9M110.4M126.9M133.3M

Stride fundamental ratios Correlations

0.21-0.020.140.190.450.090.21-0.250.140.240.260.190.10.260.20.08-0.010.570.10.060.120.220.170.450.06
0.210.960.970.980.940.850.940.790.960.730.970.980.930.970.99-0.160.960.550.910.980.630.990.570.74-0.26
-0.020.960.960.950.80.870.90.930.950.670.90.960.940.90.95-0.190.990.370.90.990.660.940.570.64-0.29
0.140.970.960.960.870.850.870.80.920.780.960.970.950.960.95-0.210.960.470.840.980.630.950.540.73-0.34
0.190.980.950.960.90.910.870.820.930.760.930.990.960.930.95-0.20.920.470.830.960.690.940.720.74-0.31
0.450.940.80.870.90.730.890.540.880.720.950.90.810.950.93-0.110.80.690.810.850.540.940.530.79-0.2
0.090.850.870.850.910.730.70.840.740.70.740.920.820.740.81-0.120.840.490.650.870.90.770.780.67-0.06
0.210.940.90.870.870.890.70.740.970.530.920.880.820.920.97-0.10.910.50.990.910.470.970.410.61-0.17
-0.250.790.930.80.820.540.840.740.80.490.670.820.820.670.79-0.170.90.160.780.890.680.750.590.46-0.21
0.140.960.950.920.930.880.740.970.80.630.940.920.930.940.97-0.220.940.380.960.950.490.970.520.63-0.35
0.240.730.670.780.760.720.70.530.490.630.760.760.740.760.69-0.250.670.560.470.710.670.690.480.84-0.34
0.260.970.90.960.930.950.740.920.670.940.760.930.91.00.97-0.190.910.560.870.930.50.980.440.74-0.33
0.190.980.960.970.990.90.920.880.820.920.760.930.940.930.96-0.180.940.520.840.970.720.950.690.76-0.27
0.10.930.940.950.960.810.820.820.820.930.740.90.940.90.9-0.290.910.290.810.940.580.890.640.63-0.45
0.260.970.90.960.930.950.740.920.670.940.761.00.930.90.97-0.190.910.560.870.930.50.980.440.74-0.33
0.20.990.950.950.950.930.810.970.790.970.690.970.960.90.97-0.150.960.540.940.970.581.00.520.72-0.25
0.08-0.16-0.19-0.21-0.2-0.11-0.12-0.1-0.17-0.22-0.25-0.19-0.18-0.29-0.19-0.15-0.160.37-0.12-0.18-0.12-0.14-0.13-0.040.68
-0.010.960.990.960.920.80.840.910.90.940.670.910.940.910.910.96-0.160.420.910.990.630.950.480.64-0.26
0.570.550.370.470.470.690.490.50.160.380.560.560.520.290.560.540.370.420.380.450.540.560.20.740.39
0.10.910.90.840.830.810.650.990.780.960.470.870.840.810.870.94-0.120.910.380.90.410.940.370.53-0.21
0.060.980.990.980.960.850.870.910.890.950.710.930.970.940.930.97-0.180.990.450.90.660.960.560.69-0.28
0.120.630.660.630.690.540.90.470.680.490.670.50.720.580.50.58-0.120.630.540.410.660.550.670.640.16
0.220.990.940.950.940.940.770.970.750.970.690.980.950.890.981.0-0.140.950.560.940.960.550.470.71-0.25
0.170.570.570.540.720.530.780.410.590.520.480.440.690.640.440.52-0.130.480.20.370.560.670.470.51-0.21
0.450.740.640.730.740.790.670.610.460.630.840.740.760.630.740.72-0.040.640.740.530.690.640.710.51-0.21
0.06-0.26-0.29-0.34-0.31-0.2-0.06-0.17-0.21-0.35-0.34-0.33-0.27-0.45-0.33-0.250.68-0.260.39-0.21-0.280.16-0.25-0.21-0.21
Click cells to compare fundamentals

Stride Account Relationship Matchups

Stride fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding40.9M40.7M41.9M42.7M49.1M31.9M
Total Assets1.1B1.6B1.6B1.8B2.0B2.1B
Short Long Term Debt Total235.2M466.3M565.7M543.8M625.4M656.6M
Other Current Liab74.6M158.0M136.2M134.1M154.2M161.9M
Total Current Liabilities273.4M306.2M302.1M309.1M355.5M373.3M
Total Stockholder Equity675.3M804.6M812.6M947.3M1.1B1.1B
Property Plant And Equipment Net150.4M166.7M147.0M121.8M140.1M147.1M
Current Deferred Revenue24.4M38.1M53.6M76.2M87.6M92.0M
Net Debt22.9M80.2M176.3M133.0M153.0M160.6M
Retained Earnings47.0M112.2M227.5M354.3M407.5M427.9M
Accounts Payable40.4M62.1M62.0M48.9M56.2M30.8M
Cash212.3M386.1M389.4M410.8M472.4M496.0M
Non Current Assets Total572.0M719.8M693.0M695.5M799.8M839.8M
Non Currrent Assets Other71.8M105.5M93.9M105.9M121.7M127.8M
Cash And Short Term Investments212.3M386.1M389.4M410.8M472.4M496.0M
Net Receivables236.1M369.3M418.6M463.7M533.3M559.9M
Liabilities And Stockholders Equity1.1B1.6B1.6B1.8B2.0B2.1B
Non Current Liabilities Total124.5M466.4M528.9M504.2M579.9M608.9M
Inventory28.3M39.7M36.0M36.7M42.2M31.8M
Other Current Assets11.5M43.0M80.6M129.1M148.5M155.9M
Total Liab397.9M772.6M831.0M813.4M935.4M982.1M
Property Plant And Equipment Gross150.4M166.7M147.0M121.8M140.1M71.2M
Total Current Assets501.3M857.5M950.5M1.1B1.2B1.3B
Short Term Debt134.0M48.0M50.2M50.1M57.6M60.5M
Intangible Assets174.8M207.2M211.0M209.0M240.4M120.2M
Other Liab23.3M48.1M13.4M10.5M12.1M18.5M
Other Assets116.5M155.9M114.3M109.9M126.4M65.9M
Property Plant Equipment150.4M166.7M61.5M52.3M60.2M56.2M
Other Stockholder Equity628.3M693.0M585.0M593.0M681.9M552.4M
Accumulated Other Comprehensive Income93K(474K)143K(35K)(40.3K)(42.3K)
Good Will174.9M240.4M241.0M246.7M283.7M297.9M
Net Tangible Assets374.4M407.5M360.5M491.6M565.3M419.1M
Retained Earnings Total Equity47.0M112.2M227.5M354.3M407.5M427.9M
Long Term Debt Total4.6M299.3M411.4M413.0M475.0M498.7M
Capital Surpluse730.8M795.4M687.5M695.5M799.8M739.0M

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When determining whether Stride Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Stride's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Stride Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Stride Inc Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Stride Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Stride's price analysis, check to measure Stride'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 Stride is operating at the current time. Most of Stride's value examination focuses on studying past and present price action to predict the probability of Stride's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stride's price. Additionally, you may evaluate how the addition of Stride to your portfolios can decrease your overall portfolio volatility.
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Is Stride'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 Stride. If investors know Stride 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 Stride 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
1.083
Earnings Share
4.27
Revenue Per Share
46.759
Quarterly Revenue Growth
0.478
Return On Assets
0.0811
The market value of Stride Inc is measured differently than its book value, which is the value of Stride that is recorded on the company's balance sheet. Investors also form their own opinion of Stride's value that differs from its market value or its book value, called intrinsic value, which is Stride'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 Stride's market value can be influenced by many factors that don't directly affect Stride'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 Stride's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stride is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stride'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.