Offcn Retained Earnings vs Long Term Debt 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 Retained Earnings and its Long Term Debt 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.

Retained Earnings vs Long Term Debt

Retained Earnings vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Offcn Education Tech Retained Earnings account and Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Offcn Education's Retained Earnings and Long Term Debt is -0.03. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Long Term Debt 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 Retained Earnings and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Offcn Education Technology are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Retained Earnings i.e., Offcn Education's Retained Earnings and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.03

Relationship Direction	Negative
Relationship Strength	Insignificant

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Long Term Debt

Long-term debt is a debt that Offcn Education Tech has held for over one year. Long-term debt appears on Offcn Education Technology balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Offcn Education Technology balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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 Profit	1.9B	1.8B	1.7B	3.0B
Interest Income	58.2M	8.0M	524.0K	497.8K

Gross Profit Interest Income

Offcn Education fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Long Term Debt	Good Will	Net Tangible Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Non Current Liabilities Other
Total Assets		0.86	0.98	0.77	0.58	-0.36	0.81	0.67	-0.21	-0.62	0.04	0.97	0.35	-0.28	0.51	0.61	0.7	0.8	0.62	0.74	0.76	0.19	0.86	0.71	0.7	-0.78
Other Current Liab	0.86		0.85	0.75	0.61	-0.43	0.74	0.45	-0.27	-0.5	0.03	0.82	0.22	-0.4	0.24	0.37	0.43	0.57	0.6	0.58	0.55	-0.12	0.67	0.69	0.69	-0.63
Total Current Liabilities	0.98	0.85		0.65	0.47	-0.28	0.75	0.71	-0.19	-0.66	-0.04	0.99	0.42	-0.23	0.61	0.63	0.77	0.84	0.51	0.82	0.77	0.28	0.88	0.65	0.63	-0.76
Total Stockholder Equity	0.77	0.75	0.65		0.93	-0.39	0.84	0.23	-0.2	-0.31	0.35	0.6	-0.18	-0.31	-0.11	0.36	0.17	0.41	0.94	0.22	0.45	-0.37	0.49	0.85	0.89	-0.49
Retained Earnings	0.58	0.61	0.47	0.93		-0.18	0.82	-0.02	-0.12	-0.18	0.41	0.4	-0.45	-0.16	-0.35	0.26	-0.03	0.22	0.99	-0.03	0.24	-0.59	0.33	0.87	0.93	-0.23
Accounts Payable	-0.36	-0.43	-0.28	-0.39	-0.18		-0.21	-0.4	0.71	0.58	-0.02	-0.29	-0.08	0.94	-0.13	0.28	-0.19	-0.37	-0.24	-0.37	-0.41	-0.16	-0.35	-0.21	-0.22	0.57
Cash	0.81	0.74	0.75	0.84	0.82	-0.21		0.18	-0.25	-0.33	-0.06	0.7	-0.08	-0.2	0.07	0.34	0.39	0.4	0.8	0.28	0.33	-0.21	0.71	0.88	0.96	-0.38
Other Assets	0.67	0.45	0.71	0.23	-0.02	-0.4	0.18		-0.15	-0.81	0.18	0.74	0.61	-0.32	0.84	0.48	0.73	0.9	0.09	0.91	0.88	0.71	0.74	0.14	0.07	-0.84
Net Receivables	-0.21	-0.27	-0.19	-0.2	-0.12	0.71	-0.25	-0.15		0.48	0.26	-0.19	0.26	0.84	-0.14	0.39	-0.31	-0.26	-0.16	-0.28	-0.26	-0.11	-0.26	-0.22	-0.21	0.29
Inventory	-0.62	-0.5	-0.66	-0.31	-0.18	0.58	-0.33	-0.81	0.48		-0.11	-0.65	-0.25	0.61	-0.62	-0.17	-0.66	-0.87	-0.29	-0.8	-0.85	-0.49	-0.68	-0.3	-0.27	0.74
Other Current Assets	0.04	0.03	-0.04	0.35	0.41	-0.02	-0.06	0.18	0.26	-0.11		-0.08	-0.37	0.03	-0.28	0.2	-0.36	0.17	0.45	-0.11	0.23	-0.33	-0.13	0.11	0.14	-0.1
Total Liab	0.97	0.82	0.99	0.6	0.4	-0.29	0.7	0.74	-0.19	-0.65	-0.08		0.49	-0.23	0.66	0.64	0.79	0.85	0.44	0.85	0.77	0.34	0.88	0.59	0.56	-0.78
Intangible Assets	0.35	0.22	0.42	-0.18	-0.45	-0.08	-0.08	0.61	0.26	-0.25	-0.37	0.49		0.08	0.75	0.43	0.59	0.42	-0.42	0.64	0.38	0.73	0.43	-0.24	-0.27	-0.5
Common Stock	-0.28	-0.4	-0.23	-0.31	-0.16	0.94	-0.2	-0.32	0.84	0.61	0.03	-0.23	0.08		-0.1	0.39	-0.17	-0.34	-0.21	-0.35	-0.37	-0.11	-0.31	-0.22	-0.2	0.46
Property Plant Equipment	0.51	0.24	0.61	-0.11	-0.35	-0.13	0.07	0.84	-0.14	-0.62	-0.28	0.66	0.75	-0.1		0.44	0.89	0.75	-0.27	0.88	0.67	0.9	0.67	-0.08	-0.15	-0.64
Other Liab	0.61	0.37	0.63	0.36	0.26	0.28	0.34	0.48	0.39	-0.17	0.2	0.64	0.43	0.39	0.44		0.5	0.56	0.29	0.48	0.54	0.2	0.43	0.28	0.27	-0.44
Long Term Debt	0.7	0.43	0.77	0.17	-0.03	-0.19	0.39	0.73	-0.31	-0.66	-0.36	0.79	0.59	-0.17	0.89	0.5		0.79	0.04	0.86	0.74	0.71	0.75	0.21	0.19	-0.67
Good Will	0.8	0.57	0.84	0.41	0.22	-0.37	0.4	0.9	-0.26	-0.87	0.17	0.85	0.42	-0.34	0.75	0.56	0.79		0.33	0.91	0.95	0.53	0.76	0.33	0.3	-0.83
Net Tangible Assets	0.62	0.6	0.51	0.94	0.99	-0.24	0.8	0.09	-0.16	-0.29	0.45	0.44	-0.42	-0.21	-0.27	0.29	0.04	0.33		0.06	0.36	-0.5	0.37	0.86	0.91	-0.32
Non Current Assets Total	0.74	0.58	0.82	0.22	-0.03	-0.37	0.28	0.91	-0.28	-0.8	-0.11	0.85	0.64	-0.35	0.88	0.48	0.86	0.91	0.06		0.88	0.67	0.75	0.23	0.11	-0.82
Non Currrent Assets Other	0.76	0.55	0.77	0.45	0.24	-0.41	0.33	0.88	-0.26	-0.85	0.23	0.77	0.38	-0.37	0.67	0.54	0.74	0.95	0.36	0.88		0.47	0.62	0.32	0.25	-0.84
Non Current Liabilities Total	0.19	-0.12	0.28	-0.37	-0.59	-0.16	-0.21	0.71	-0.11	-0.49	-0.33	0.34	0.73	-0.11	0.9	0.2	0.71	0.53	-0.5	0.67	0.47		0.46	-0.35	-0.41	-0.48
Deferred Long Term Liab	0.86	0.67	0.88	0.49	0.33	-0.35	0.71	0.74	-0.26	-0.68	-0.13	0.88	0.43	-0.31	0.67	0.43	0.75	0.76	0.37	0.75	0.62	0.46		0.56	0.57	-0.71
Short Long Term Debt	0.71	0.69	0.65	0.85	0.87	-0.21	0.88	0.14	-0.22	-0.3	0.11	0.59	-0.24	-0.22	-0.08	0.28	0.21	0.33	0.86	0.23	0.32	-0.35	0.56		0.89	-0.33
Total Current Assets	0.7	0.69	0.63	0.89	0.93	-0.22	0.96	0.07	-0.21	-0.27	0.14	0.56	-0.27	-0.2	-0.15	0.27	0.19	0.3	0.91	0.11	0.25	-0.41	0.57	0.89		-0.31
Non Current Liabilities Other	-0.78	-0.63	-0.76	-0.49	-0.23	0.57	-0.38	-0.84	0.29	0.74	-0.1	-0.78	-0.5	0.46	-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

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	10.0B	14.4B	10.3B	8.0B	7.1B	5.7B
Other Current Liab	2.8B	5.2B	3.2B	4.1B	89.0M	84.6M
Total Current Liabilities	6.4B	10.0B	7.7B	6.7B	5.3B	3.7B
Total Stockholder Equity	3.4B	4.3B	1.9B	779.9M	567.1M	538.7M
Retained Earnings	2.1B	2.9B	546.3M	(555.7M)	(810.2M)	(769.7M)
Accounts Payable	236.5M	211.8M	282.0M	287.1M	234.0M	314.1M
Cash	2.7B	6.0B	2.0B	385.3M	378.5M	359.6M
Other Assets	1.3B	1.8B	3.1B	2.5B	2.9B	3.1B
Net Receivables	3.3M	21.5M	40.4M	37.3M	32.3M	52.7M
Other Current Assets	354.0M	179.3M	30.5M	2.7M	3.3M	3.2M
Total Liab	6.5B	10.1B	8.4B	7.2B	6.6B	4.1B
Intangible Assets	197.5M	426.4M	866.6M	1.2B	1.1B	1.1B
Property Plant Equipment	1.3B	1.8B	3.4B	3.4B	3.9B	4.1B
Other Liab	106.9M	104.7M	93.7M	88.4M	101.6M	72.1M
Net Tangible Assets	3.1B	3.7B	922.3M	(482.2M)	(434.0M)	(412.3M)
Non Current Assets Total	5.1B	5.0B	7.7B	7.4B	6.6B	5.5B
Non Currrent Assets Other	2.2B	1.2B	1.7B	1.7B	1.7B	1.4B
Non Current Liabilities Total	106.9M	104.7M	729.4M	597.1M	1.3B	1.3B
Deferred Long Term Liab	240.6M	441.0M	369.1M	276.2M	317.6M	315.5M
Short Long Term Debt	2.9B	4.0B	3.2B	149.3M	171.7M	163.1M
Total Current Assets	4.8B	9.4B	2.6B	621.4M	495.5M	470.7M
Net Debt	958.3M	142.7M	1.2B	701.8M	807.1M	762.6M
Net Invested Capital	6.3B	8.3B	5.0B	779.9M	1.6B	1.6B
Net Working Capital	(1.6B)	(616.4M)	(5.1B)	(6.0B)	(4.8B)	(4.6B)
Other Stockholder Equity	37.5M	30M	13.2M	6.4M	5.7M	5.5M

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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.

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Offcn Retained Earnings vs Long Term Debt Analysis

Retained Earnings vs Long Term Debt

Retained Earnings vs Long Term Debt Correlation Analysis

Correlation Coefficient

Retained Earnings

Long Term Debt

Offcn Education fundamental ratios Correlations

Offcn Education Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Offcn Education fundamental ratios Accounts

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Total Liab	+ 0.99	Total Current Liabilities
Net Tangible Assets	+ 0.99	Retained Earnings
Total Current Liabilities	+ 0.98	Total Assets
Total Liab	+ 0.97	Total Assets
Total Current Assets	+ 0.96	Cash
Non Currrent Assets Other	+ 0.95	Good Will

Good Will	- 0.87	Inventory
Non Currrent Assets Other	- 0.85	Inventory
Non Current Liabilities Other	- 0.84	Non Currrent Assets Other
Non Current Liabilities Other	- 0.84	Other Assets
Non Current Liabilities Other	- 0.83	Good Will
Non Current Liabilities Other	- 0.82	Non Current Assets Total