Perdoceo Short Long Term Debt Total from 2010 to 2024

PRDO Stock  USD 26.82  0.39  1.48%   
Perdoceo Education Short and Long Term Debt Total yearly trend continues to be very stable with very little volatility. Short and Long Term Debt Total is likely to grow to about 28.3 M this year. During the period from 2010 to 2024, Perdoceo Education Short and Long Term Debt Total quarterly data regression pattern had sample variance of 588.9 T and median of  44,949,000. View All Fundamentals
 
Short and Long Term Debt Total  
First Reported
1997-12-31
Previous Quarter
23.8 M
Current Value
22.3 M
Quarterly Volatility
23.2 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Perdoceo Education financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Perdoceo Education's main balance sheet or income statement drivers, such as Depreciation And Amortization of 33.6 M, Interest Expense of 649.7 K or Selling General Administrative of 249.2 M, as well as many indicators such as Price To Sales Ratio of 1.55, Dividend Yield of 0.0117 or PTB Ratio of 2.72. Perdoceo financial statements analysis is a perfect complement when working with Perdoceo Education Valuation or Volatility modules.
  
Check out the analysis of Perdoceo Education Correlation against competitors.

Latest Perdoceo Education's Short Long Term Debt Total Growth Pattern

Below is the plot of the Short Long Term Debt Total of Perdoceo Education Corp over the last few years. It is Perdoceo Education's Short and Long Term Debt Total historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Perdoceo Education's overall financial position and show how it may be relating to other accounts over time.
Short Long Term Debt Total10 Years Trend
Very volatile
   Short Long Term Debt Total   
       Timeline  

Perdoceo Short Long Term Debt Total Regression Statistics

Arithmetic Mean43,151,830
Geometric Mean30,822,209
Coefficient Of Variation56.24
Mean Deviation20,511,915
Median44,949,000
Standard Deviation24,266,677
Sample Variance588.9T
Range79.2M
R-Value(0)
Mean Square Error634.2T
R-Squared0.00000748
Significance0.99
Slope(14,839)
Total Sum of Squares8244.2T

Perdoceo Short Long Term Debt Total History

202428.3 M
202327 M
202233.8 M
202144.9 M
202053.2 M
201664.2 M
201538 M

About Perdoceo Education Financial Statements

Perdoceo Education investors utilize fundamental indicators, such as Short Long Term Debt Total, to predict how Perdoceo Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Short and Long Term Debt Total27 M28.3 M

Pair Trading with Perdoceo Education

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 Perdoceo Education 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 Perdoceo Education will appreciate offsetting losses from the drop in the long position's value.

Moving against Perdoceo Stock

  0.57EDU New Oriental EducationPairCorr
  0.55WAFU Wah Fu EducationPairCorr
  0.5YQ 17 Education TechnologyPairCorr
  0.32IH Ihuman IncPairCorr
The ability to find closely correlated positions to Perdoceo Education could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Perdoceo Education 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 Perdoceo Education - 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 Perdoceo Education Corp to buy it.
The correlation of Perdoceo Education 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 Perdoceo Education moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Perdoceo Education Corp 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 Perdoceo Education 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.
Pair CorrelationCorrelation Matching
When determining whether Perdoceo Education Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Perdoceo Education'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 Perdoceo Education Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Perdoceo Education Corp Stock:
Check out the analysis of Perdoceo Education Correlation against competitors.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Diversified Consumer Services space 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 Perdoceo Education. If investors know Perdoceo 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 Perdoceo Education 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
(0.08)
Dividend Share
0.11
Earnings Share
1.99
Revenue Per Share
9.948
Quarterly Revenue Growth
(0.06)
The market value of Perdoceo Education Corp is measured differently than its book value, which is the value of Perdoceo that is recorded on the company's balance sheet. Investors also form their own opinion of Perdoceo Education's value that differs from its market value or its book value, called intrinsic value, which is Perdoceo Education'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 Perdoceo Education's market value can be influenced by many factors that don't directly affect Perdoceo Education'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 Perdoceo Education's value and its price as these two are different measures arrived at by different means. Investors typically determine if Perdoceo Education is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Perdoceo Education'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.