Bright Capital Stock vs Common Stock Analysis

BEDU Stock  USD 1.83  0.03  1.61%   
Bright Scholar financial indicator trend analysis is way more than just evaluating Bright Scholar Education prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bright Scholar Education is a good investment. Please check the relationship between Bright Scholar Capital Stock and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bright Scholar Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Capital Stock vs Common Stock

Capital Stock vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bright Scholar Education Capital Stock account and Common Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Bright Scholar's Capital Stock and Common Stock is -0.9. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Common Stock in the same time period over historical financial statements of Bright Scholar Education, assuming nothing else is changed. The correlation between historical values of Bright Scholar's Capital Stock and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Bright Scholar Education are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Capital Stock i.e., Bright Scholar's Capital Stock and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.9
Relationship DirectionNegative 
Relationship StrengthSignificant

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Common Stock

Most indicators from Bright Scholar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bright Scholar Education 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 Bright Scholar Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Tax Provision is likely to gain to about 224.5 M in 2024, whereas Discontinued Operations is likely to drop slightly above 252.1 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit478.1M597.3M686.9M558.0M
Total Revenue1.7B2.1B2.4B1.8B

Bright Scholar fundamental ratios Correlations

0.910.930.90.74-0.070.840.70.460.560.050.680.940.240.470.68-0.560.950.650.340.380.920.630.740.850.97
0.910.80.740.69-0.230.930.60.530.310.250.540.930.00.160.53-0.610.880.660.360.170.950.560.80.710.92
0.930.80.780.63-0.10.770.560.580.61-0.110.550.850.210.410.54-0.540.840.480.260.280.820.560.80.720.95
0.90.740.780.660.290.640.690.150.52-0.040.780.80.240.530.77-0.570.850.770.360.390.70.490.480.970.77
0.740.690.630.66-0.050.560.840.140.3-0.180.70.660.320.570.7-0.610.680.37-0.160.50.750.730.560.610.72
-0.07-0.23-0.10.29-0.05-0.370.14-0.710.19-0.560.48-0.3-0.080.080.46-0.19-0.250.190.03-0.14-0.38-0.07-0.20.3-0.27
0.840.930.770.640.56-0.370.330.750.260.360.270.94-0.150.070.26-0.560.870.590.330.010.90.320.750.650.88
0.70.60.560.690.840.140.33-0.170.42-0.240.90.530.50.60.91-0.380.590.40.070.640.660.90.490.560.64
0.460.530.580.150.14-0.710.75-0.170.090.39-0.320.63-0.19-0.12-0.32-0.240.540.160.16-0.130.57-0.050.540.180.6
0.560.310.610.520.30.190.260.420.09-0.440.570.410.350.530.570.150.470.010.110.250.410.590.540.360.53
0.050.25-0.11-0.04-0.18-0.560.36-0.240.39-0.44-0.370.320.0-0.16-0.360.070.30.40.430.110.24-0.24-0.210.080.08
0.680.540.550.780.70.480.270.9-0.320.57-0.370.450.410.571.0-0.390.520.450.190.480.530.790.460.670.56
0.940.930.850.80.66-0.30.940.530.630.410.320.450.140.360.46-0.50.980.660.360.310.950.490.680.780.94
0.240.00.210.240.32-0.08-0.150.5-0.190.350.00.410.140.880.450.210.29-0.030.060.940.20.59-0.130.170.22
0.470.160.410.530.570.080.070.6-0.120.53-0.160.570.360.880.6-0.020.50.110.00.870.350.610.030.460.4
0.680.530.540.770.70.460.260.91-0.320.57-0.361.00.460.450.6-0.380.530.440.190.510.530.80.440.670.56
-0.56-0.61-0.54-0.57-0.61-0.19-0.56-0.38-0.240.150.07-0.39-0.50.21-0.02-0.38-0.43-0.59-0.050.05-0.46-0.12-0.44-0.67-0.52
0.950.880.840.850.68-0.250.870.590.540.470.30.520.980.290.50.53-0.430.670.360.460.920.540.590.810.92
0.650.660.480.770.370.190.590.40.160.010.40.450.66-0.030.110.44-0.590.670.430.180.520.120.20.840.52
0.340.360.260.36-0.160.030.330.070.160.110.430.190.360.060.00.19-0.050.360.430.040.320.050.140.370.3
0.380.170.280.390.5-0.140.010.64-0.130.250.110.480.310.940.870.510.050.460.180.040.360.63-0.090.330.34
0.920.950.820.70.75-0.380.90.660.570.410.240.530.950.20.350.53-0.460.920.520.320.360.680.790.630.96
0.630.560.560.490.73-0.070.320.9-0.050.59-0.240.790.490.590.610.8-0.120.540.120.050.630.680.60.320.65
0.740.80.80.480.56-0.20.750.490.540.54-0.210.460.68-0.130.030.44-0.440.590.20.14-0.090.790.60.370.83
0.850.710.720.970.610.30.650.560.180.360.080.670.780.170.460.67-0.670.810.840.370.330.630.320.370.7
0.970.920.950.770.72-0.270.880.640.60.530.080.560.940.220.40.56-0.520.920.520.30.340.960.650.830.7
Click cells to compare fundamentals

Bright Scholar Account Relationship Matchups

Bright Scholar fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.8B8.6B5.5B4.6B5.3B5.3B
Other Current Liab2.4B1.1B708.7M1.1B1.3B740.8M
Total Current Liabilities3.7B4.0B1.6B1.5B1.7B2.1B
Total Stockholder Equity2.7B2.5B2.2B1.4B1.6B1.8B
Other Liab106.1M41.3M35.1M44.2M50.8M53.1M
Net Tangible Assets(229.8M)110.8M(75.1M)(255.3M)(229.8M)(218.3M)
Property Plant And Equipment Net3.0B2.3B1.9B2.0B2.3B1.3B
Current Deferred Revenue1.5B1.5B426.0M516.7M594.2M855.3M
Net Debt1.7B3.6B1.0B1.1B1.3B1.3B
Retained Earnings632.7M648.9M471.4M(473.2M)(544.1M)(516.9M)
Accounts Payable68.2M73.4M100.2M112.4M129.3M87.3M
Cash3.4B844.7M664.8M537.3M617.9M587.0M
Non Current Assets Total6.1B4.9B4.3B3.7B4.2B3.0B
Non Currrent Assets Other18.1M69.7M17.0M20.4M18.4M17.5M
Other Assets58.6M139.7M107.0M20.4M23.5M22.3M
Long Term Debt2.1B2.1B616K633K728.0K691.6K
Cash And Short Term Investments3.4B844.7M664.8M554.5M637.6M605.8M
Net Receivables14.8M41.7M329.9M19.2M17.3M16.4M
Good Will2.3B2.0B1.8B1.3B1.5B1.1B
Common Stock Shares Outstanding30.0M29.8M29.7M29.7M34.1M29.5M
Short Term Investments241.3M13.7M11.7M17.1M19.7M39.2M
Liabilities And Stockholders Equity10.8B8.6B5.5B4.6B5.3B5.3B
Non Current Liabilities Total4.0B1.8B1.5B1.6B1.8B1.2B
Inventory28.0M7.6M6.9M5.5M6.3M6.0M
Other Current Assets6.1B2.8B191.4M348.2M400.5M380.5M
Other Stockholder Equity1.9B2.4B1.7B1.7B2.0B1.5B
Total Liab7.7B5.8B3.1B3.0B3.5B3.3B
Long Term Investments55.1M75.4M40.5M36.1M41.5M48.7M
Property Plant And Equipment Gross3.0B2.3B1.9B2.0B2.3B1.4B
Short Long Term Debt50M938.3M2.6B149.2M171.6M163.0M
Total Current Assets4.7B3.7B1.2B927.4M1.1B1.0B
Accumulated Other Comprehensive Income250.9M170.9M22.9M192.4M221.2M113.8M
Short Term Debt1.1B2.7B255.9M125.4M144.3M137.1M
Intangible Assets683.6M485.8M430.5M343.1M394.5M317.1M
Property Plant Equipment3.0B2.3B1.9B2.0B2.3B1.3B
Short Long Term Debt Total5.0B4.5B1.7B1.6B1.9B2.0B
Capital Lease Obligations2.0B1.9B1.5B1.6B1.9B2.0B

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