Offcn Net Receivables vs Deferred Long Term Liab Analysis

002607 Stock   3.17  0.02  0.63%   
Offcn Education financial indicator trend analysis is much more than just breaking down Offcn Education Tech prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Offcn Education Tech is a good investment. Please check the relationship between Offcn Education Net Receivables and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Offcn Education Technology. 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 Receivables vs Deferred Long Term Liab

Net Receivables vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Offcn Education Tech Net Receivables account and Deferred Long Term Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Offcn Education's Net Receivables and Deferred Long Term Liab is -0.26. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Offcn Education Technology, assuming nothing else is changed. The correlation between historical values of Offcn Education's Net Receivables and Deferred Long Term Liab 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 Receivables of Offcn Education Technology are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Net Receivables i.e., Offcn Education's Net Receivables and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.26
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Receivables

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Offcn Education's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Offcn Education Tech 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 Offcn Education Technology. 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.
The current year's Tax Provision is expected to grow to about 81.1 M, whereas Selling General Administrative is forecasted to decline to about 237 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.9B1.8B1.7B3.0B
Interest Income58.2M8.0M524.0K497.8K

Offcn Education fundamental ratios Correlations

0.860.980.770.58-0.360.810.67-0.21-0.620.040.970.35-0.280.510.610.70.80.620.740.760.190.860.710.7-0.78
0.860.850.750.61-0.430.740.45-0.27-0.50.030.820.22-0.40.240.370.430.570.60.580.55-0.120.670.690.69-0.63
0.980.850.650.47-0.280.750.71-0.19-0.66-0.040.990.42-0.230.610.630.770.840.510.820.770.280.880.650.63-0.76
0.770.750.650.93-0.390.840.23-0.2-0.310.350.6-0.18-0.31-0.110.360.170.410.940.220.45-0.370.490.850.89-0.49
0.580.610.470.93-0.180.82-0.02-0.12-0.180.410.4-0.45-0.16-0.350.26-0.030.220.99-0.030.24-0.590.330.870.93-0.23
-0.36-0.43-0.28-0.39-0.18-0.21-0.40.710.58-0.02-0.29-0.080.94-0.130.28-0.19-0.37-0.24-0.37-0.41-0.16-0.35-0.21-0.220.57
0.810.740.750.840.82-0.210.18-0.25-0.33-0.060.7-0.08-0.20.070.340.390.40.80.280.33-0.210.710.880.96-0.38
0.670.450.710.23-0.02-0.40.18-0.15-0.810.180.740.61-0.320.840.480.730.90.090.910.880.710.740.140.07-0.84
-0.21-0.27-0.19-0.2-0.120.71-0.25-0.150.480.26-0.190.260.84-0.140.39-0.31-0.26-0.16-0.28-0.26-0.11-0.26-0.22-0.210.29
-0.62-0.5-0.66-0.31-0.180.58-0.33-0.810.48-0.11-0.65-0.250.61-0.62-0.17-0.66-0.87-0.29-0.8-0.85-0.49-0.68-0.3-0.270.74
0.040.03-0.040.350.41-0.02-0.060.180.26-0.11-0.08-0.370.03-0.280.2-0.360.170.45-0.110.23-0.33-0.130.110.14-0.1
0.970.820.990.60.4-0.290.70.74-0.19-0.65-0.080.49-0.230.660.640.790.850.440.850.770.340.880.590.56-0.78
0.350.220.42-0.18-0.45-0.08-0.080.610.26-0.25-0.370.490.080.750.430.590.42-0.420.640.380.730.43-0.24-0.27-0.5
-0.28-0.4-0.23-0.31-0.160.94-0.2-0.320.840.610.03-0.230.08-0.10.39-0.17-0.34-0.21-0.35-0.37-0.11-0.31-0.22-0.20.46
0.510.240.61-0.11-0.35-0.130.070.84-0.14-0.62-0.280.660.75-0.10.440.890.75-0.270.880.670.90.67-0.08-0.15-0.64
0.610.370.630.360.260.280.340.480.39-0.170.20.640.430.390.440.50.560.290.480.540.20.430.280.27-0.44
0.70.430.770.17-0.03-0.190.390.73-0.31-0.66-0.360.790.59-0.170.890.50.790.040.860.740.710.750.210.19-0.67
0.80.570.840.410.22-0.370.40.9-0.26-0.870.170.850.42-0.340.750.560.790.330.910.950.530.760.330.3-0.83
0.620.60.510.940.99-0.240.80.09-0.16-0.290.450.44-0.42-0.21-0.270.290.040.330.060.36-0.50.370.860.91-0.32
0.740.580.820.22-0.03-0.370.280.91-0.28-0.8-0.110.850.64-0.350.880.480.860.910.060.880.670.750.230.11-0.82
0.760.550.770.450.24-0.410.330.88-0.26-0.850.230.770.38-0.370.670.540.740.950.360.880.470.620.320.25-0.84
0.19-0.120.28-0.37-0.59-0.16-0.210.71-0.11-0.49-0.330.340.73-0.110.90.20.710.53-0.50.670.470.46-0.35-0.41-0.48
0.860.670.880.490.33-0.350.710.74-0.26-0.68-0.130.880.43-0.310.670.430.750.760.370.750.620.460.560.57-0.71
0.710.690.650.850.87-0.210.880.14-0.22-0.30.110.59-0.24-0.22-0.080.280.210.330.860.230.32-0.350.560.89-0.33
0.70.690.630.890.93-0.220.960.07-0.21-0.270.140.56-0.27-0.2-0.150.270.190.30.910.110.25-0.410.570.89-0.31
-0.78-0.63-0.76-0.49-0.230.57-0.38-0.840.290.74-0.1-0.78-0.50.46-0.64-0.44-0.67-0.83-0.32-0.82-0.84-0.48-0.71-0.33-0.31
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Offcn Education Account Relationship Matchups

Offcn Education fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.0B14.4B10.3B8.0B7.1B5.7B
Other Current Liab2.8B5.2B3.2B4.1B89.0M84.6M
Total Current Liabilities6.4B10.0B7.7B6.7B5.3B3.7B
Total Stockholder Equity3.4B4.3B1.9B779.9M567.1M538.7M
Retained Earnings2.1B2.9B546.3M(555.7M)(810.2M)(769.7M)
Accounts Payable236.5M211.8M282.0M287.1M234.0M314.1M
Cash2.7B6.0B2.0B385.3M378.5M359.6M
Other Assets1.3B1.8B3.1B2.5B2.9B3.1B
Net Receivables3.3M21.5M40.4M37.3M32.3M52.7M
Other Current Assets354.0M179.3M30.5M2.7M3.3M3.2M
Total Liab6.5B10.1B8.4B7.2B6.6B4.1B
Intangible Assets197.5M426.4M866.6M1.2B1.1B1.1B
Property Plant Equipment1.3B1.8B3.4B3.4B3.9B4.1B
Other Liab106.9M104.7M93.7M88.4M101.6M72.1M
Net Tangible Assets3.1B3.7B922.3M(482.2M)(434.0M)(412.3M)
Non Current Assets Total5.1B5.0B7.7B7.4B6.6B5.5B
Non Currrent Assets Other2.2B1.2B1.7B1.7B1.7B1.4B
Non Current Liabilities Total106.9M104.7M729.4M597.1M1.3B1.3B
Deferred Long Term Liab240.6M441.0M369.1M276.2M317.6M315.5M
Short Long Term Debt2.9B4.0B3.2B149.3M171.7M163.1M
Total Current Assets4.8B9.4B2.6B621.4M495.5M470.7M
Net Debt958.3M142.7M1.2B701.8M807.1M762.6M
Net Invested Capital6.3B8.3B5.0B779.9M1.6B1.6B
Net Working Capital(1.6B)(616.4M)(5.1B)(6.0B)(4.8B)(4.6B)
Other Stockholder Equity37.5M30M13.2M6.4M5.7M5.5M

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Other Information on Investing in Offcn Stock

Balance Sheet is a snapshot of the financial position of Offcn Education Tech at a specified time, usually calculated after every quarter, six months, or one year. Offcn Education Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Offcn Education and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Offcn currently owns. An asset can also be divided into two categories, current and non-current.