New Total Current Assets from 2010 to 2024

EDU Stock  USD 57.71  0.99  1.75%   
New Oriental Total Current Assets yearly trend continues to be comparatively stable with very little volatility. Total Current Assets are likely to outpace its year average in 2024. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2006-08-31
Previous Quarter
5.5 B
Current Value
5.5 B
Quarterly Volatility
1.9 B
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check New Oriental financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New Oriental's main balance sheet or income statement drivers, such as Depreciation And Amortization of 112.2 M, Interest Expense of 283.1 K or Selling And Marketing Expenses of 693.6 M, as well as many indicators such as Price To Sales Ratio of 2.91, Dividend Yield of 0.0049 or PTB Ratio of 3.33. New financial statements analysis is a perfect complement when working with New Oriental Valuation or Volatility modules.
  
Check out the analysis of New Oriental Correlation against competitors.

Latest New Oriental's Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of New Oriental Education over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. New Oriental's Total Current Assets 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.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

New Total Current Assets Regression Statistics

Arithmetic Mean3,029,964,226
Geometric Mean1,986,556,854
Coefficient Of Variation65.44
Mean Deviation1,669,615,109
Median2,941,914,000
Standard Deviation1,982,915,618
Sample Variance3931954.3T
Range6.5B
R-Value0.94
Mean Square Error498109.4T
R-Squared0.88
Slope416,498,750
Total Sum of Squares55047360.9T

New Total Current Assets History

20245.7 B
20235.4 B
20224.4 B
20214.5 B
20206.6 B
20193.8 B
20183.5 B

About New Oriental Financial Statements

New Oriental shareholders use historical fundamental indicators, such as Total Current Assets, to determine how well the company is positioned to perform in the future. Although New Oriental investors may analyze each financial statement separately, they are all interrelated. The changes in New Oriental's assets and liabilities, for example, are also reflected in the revenues and expenses on on New Oriental's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Total Current Assets5.4 B5.7 B

Thematic Opportunities

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Additional 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.