New Ebitda vs Gross Profit Analysis

EDU Stock

USD 57.36 0.35 0.61%

New Oriental financial indicator trend analysis is infinitely more than just investigating New Oriental Education recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether New Oriental Education is a good investment. Please check the relationship between New Oriental Ebitda and its Gross Profit accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in New Oriental 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.

Ebitda vs Gross Profit

Ebitda vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of New Oriental Education Ebitda account and Gross Profit. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between New Oriental's Ebitda and Gross Profit is 0.43. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Gross Profit in the same time period over historical financial statements of New Oriental Education, assuming nothing else is changed. The correlation between historical values of New Oriental's Ebitda and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of New Oriental Education are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Ebitda i.e., New Oriental's Ebitda and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.43

Relationship Direction	Positive
Relationship Strength	Weak

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Ebitda

Gross Profit

Gross profit is a required income statement account that reflects total revenue of New Oriental Education minus its cost of goods sold. It is profit before New Oriental operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most indicators from New Oriental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into New Oriental 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in New Oriental 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.

At this time, New Oriental's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 41.07 in 2024, whereas Tax Provision is likely to drop slightly above 86.8 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	1.4B	1.6B	2.3B	2.4B
Total Revenue	3.1B	3.0B	4.3B	4.5B

Gross Profit Total Revenue

New Oriental fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Cash	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Retained Earnings	Accounts Payable	Long Term Debt	Short Term Investments	Inventory	Other Current Assets	Preferred Stock Total Equity	Intangible Assets	Common Stock	Property Plant Equipment	Property Plant And Equipment Net	Current Deferred Revenue
Total Assets		0.82	0.63	0.98	0.98	0.17	0.84	0.68	0.99	0.57	0.79	0.85	0.98	0.99	0.81	0.72	0.26	0.99	0.65	0.72	0.51	0.8	0.65	0.8	0.82	0.95
Short Long Term Debt Total	0.82		0.32	0.76	0.76	0.68	0.58	0.32	0.77	0.32	0.98	0.59	0.88	0.75	0.74	0.32	0.58	0.81	0.25	0.35	0.19	0.46	0.35	0.97	0.98	0.68
Other Current Liab	0.63	0.32		0.58	0.7	-0.27	0.72	0.64	0.64	0.43	0.32	0.77	0.53	0.65	0.37	0.55	-0.33	0.58	0.46	0.55	0.25	0.69	0.43	0.33	0.35	0.55
Total Current Liabilities	0.98	0.76	0.58		0.95	0.1	0.81	0.73	0.97	0.55	0.73	0.78	0.98	0.98	0.82	0.79	0.2	0.96	0.72	0.73	0.58	0.86	0.65	0.74	0.77	0.99
Total Stockholder Equity	0.98	0.76	0.7	0.95		0.06	0.86	0.69	0.99	0.62	0.72	0.91	0.94	0.99	0.75	0.72	0.21	0.98	0.65	0.76	0.51	0.78	0.69	0.73	0.75	0.92
Net Debt	0.17	0.68	-0.27	0.1	0.06		-0.13	-0.27	0.09	-0.24	0.67	-0.03	0.29	0.06	0.23	-0.3	0.58	0.18	-0.33	-0.26	-0.23	-0.22	-0.25	0.65	0.63	-0.01
Cash	0.84	0.58	0.72	0.81	0.86	-0.13		0.54	0.85	0.64	0.62	0.74	0.79	0.85	0.81	0.56	0.23	0.8	0.46	0.56	0.37	0.77	0.69	0.65	0.67	0.81
Other Assets	0.68	0.32	0.64	0.73	0.69	-0.27	0.54		0.68	0.33	0.23	0.76	0.63	0.72	0.29	0.96	-0.42	0.64	0.92	0.89	0.75	0.86	0.53	0.23	0.29	0.73
Cash And Short Term Investments	0.99	0.77	0.64	0.97	0.99	0.09	0.85	0.68		0.6	0.74	0.87	0.96	1.0	0.79	0.73	0.24	0.99	0.66	0.75	0.52	0.79	0.67	0.75	0.77	0.95
Common Stock Shares Outstanding	0.57	0.32	0.43	0.55	0.62	-0.24	0.64	0.33	0.6		0.3	0.49	0.5	0.6	0.56	0.42	0.21	0.56	0.48	0.45	0.47	0.46	0.93	0.34	0.35	0.56
Non Current Liabilities Total	0.79	0.98	0.32	0.73	0.72	0.67	0.62	0.23	0.74	0.3		0.53	0.85	0.72	0.79	0.24	0.62	0.78	0.15	0.26	0.12	0.43	0.31	0.99	0.99	0.65
Other Stockholder Equity	0.85	0.59	0.77	0.78	0.91	-0.03	0.74	0.76	0.87	0.49	0.53		0.75	0.88	0.43	0.71	-0.04	0.85	0.66	0.84	0.53	0.68	0.6	0.52	0.55	0.73
Total Liab	0.98	0.88	0.53	0.98	0.94	0.29	0.79	0.63	0.96	0.5	0.85	0.75		0.95	0.85	0.68	0.34	0.97	0.6	0.64	0.47	0.78	0.58	0.86	0.88	0.95
Total Current Assets	0.99	0.75	0.65	0.98	0.99	0.06	0.85	0.72	1.0	0.6	0.72	0.88	0.95		0.77	0.76	0.2	0.99	0.7	0.77	0.56	0.8	0.69	0.72	0.75	0.96
Retained Earnings	0.81	0.74	0.37	0.82	0.75	0.23	0.81	0.29	0.79	0.56	0.79	0.43	0.85	0.77		0.39	0.52	0.79	0.31	0.29	0.27	0.63	0.57	0.83	0.83	0.82
Accounts Payable	0.72	0.32	0.55	0.79	0.72	-0.3	0.56	0.96	0.73	0.42	0.24	0.71	0.68	0.76	0.39		-0.35	0.69	0.98	0.91	0.82	0.85	0.62	0.24	0.3	0.81
Long Term Debt	0.26	0.58	-0.33	0.2	0.21	0.58	0.23	-0.42	0.24	0.21	0.62	-0.04	0.34	0.2	0.52	-0.35		0.29	-0.37	-0.25	-0.3	-0.11	0.07	0.63	0.6	0.18
Short Term Investments	0.99	0.81	0.58	0.96	0.98	0.18	0.8	0.64	0.99	0.56	0.78	0.85	0.97	0.99	0.79	0.69	0.29		0.63	0.72	0.51	0.73	0.64	0.78	0.8	0.94
Inventory	0.65	0.25	0.46	0.72	0.65	-0.33	0.46	0.92	0.66	0.48	0.15	0.66	0.6	0.7	0.31	0.98	-0.37	0.63		0.91	0.89	0.75	0.68	0.15	0.21	0.75
Other Current Assets	0.72	0.35	0.55	0.73	0.76	-0.26	0.56	0.89	0.75	0.45	0.26	0.84	0.64	0.77	0.29	0.91	-0.25	0.72	0.91		0.77	0.69	0.64	0.24	0.3	0.74
Preferred Stock Total Equity	0.51	0.19	0.25	0.58	0.51	-0.23	0.37	0.75	0.52	0.47	0.12	0.53	0.47	0.56	0.27	0.82	-0.3	0.51	0.89	0.77		0.54	0.75	0.11	0.19	0.6
Intangible Assets	0.8	0.46	0.69	0.86	0.78	-0.22	0.77	0.86	0.79	0.46	0.43	0.68	0.78	0.8	0.63	0.85	-0.11	0.73	0.75	0.69	0.54		0.56	0.46	0.49	0.87
Common Stock	0.65	0.35	0.43	0.65	0.69	-0.25	0.69	0.53	0.67	0.93	0.31	0.6	0.58	0.69	0.57	0.62	0.07	0.64	0.68	0.64	0.75	0.56		0.34	0.38	0.67
Property Plant Equipment	0.8	0.97	0.33	0.74	0.73	0.65	0.65	0.23	0.75	0.34	0.99	0.52	0.86	0.72	0.83	0.24	0.63	0.78	0.15	0.24	0.11	0.46	0.34		1.0	0.66
Property Plant And Equipment Net	0.82	0.98	0.35	0.77	0.75	0.63	0.67	0.29	0.77	0.35	0.99	0.55	0.88	0.75	0.83	0.3	0.6	0.8	0.21	0.3	0.19	0.49	0.38	1.0		0.7
Current Deferred Revenue	0.95	0.68	0.55	0.99	0.92	-0.01	0.81	0.73	0.95	0.56	0.65	0.73	0.95	0.96	0.82	0.81	0.18	0.94	0.75	0.74	0.6	0.87	0.67	0.66	0.7

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New Oriental Account Relationship Matchups

New Oriental fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.6B	10.2B	6.0B	6.4B	7.5B	7.9B
Short Long Term Debt Total	1.6B	2.2B	680.4M	458.6M	662.3M	779.3M
Other Current Liab	737.6M	355.1M	1.4B	1.9B	775.4M	814.1M
Total Current Liabilities	2.5B	3.5B	1.7B	2.3B	3.0B	3.2B
Total Stockholder Equity	2.7B	4.9B	3.7B	3.6B	3.8B	4.0B
Net Debt	665.0M	550.1M	(468.2M)	(1.2B)	(727.0M)	(690.7M)
Cash	915.1M	1.6B	1.1B	1.7B	1.4B	698.5M
Other Assets	174.8M	224.5M	111.8M	647.3M	744.4M	781.6M
Cash And Short Term Investments	3.5B	6.3B	4.2B	4.0B	4.8B	5.0B
Common Stock Shares Outstanding	159.5M	165.2M	169.6M	168.6M	166.9M	163.6M
Liabilities And Stockholders Equity	6.6B	10.2B	6.0B	6.4B	7.5B	7.9B
Non Current Liabilities Total	1.2B	1.7B	531.0M	326.7M	481.8M	265.6M
Other Stockholder Equity	459.7M	1.9B	2.1B	1.9B	1.9B	2.0B
Total Liab	3.7B	5.1B	2.2B	2.6B	3.5B	3.7B
Total Current Assets	3.8B	6.6B	4.5B	4.4B	5.4B	5.7B
Retained Earnings	2.0B	2.3B	1.1B	1.2B	1.5B	901.8M
Accounts Payable	33.1M	38.4M	22.3M	69.8M	105.7M	111.0M
Long Term Debt	117.9M	297.6M	65.4M	14.7M	14.4M	13.7M
Short Term Investments	2.6B	4.6B	3.0B	2.3B	3.4B	3.6B
Inventory	31.3M	31.2M	27.9M	52.7M	92.8M	97.4M
Other Current Assets	14.6M	273.4M	238.6M	331.5M	491.3M	515.8M
Intangible Assets	16.3M	18.8M	6.4M	28.5M	23.1M	24.3M
Property Plant Equipment	2.1B	2.7B	933.8M	799.3M	919.2M	562.5M
Property Plant And Equipment Net	2.1B	2.7B	933.8M	799.3M	1.2B	625.2M
Current Deferred Revenue	1.3B	1.9B	933.1M	1.3B	1.8B	1.9B
Non Current Assets Total	2.8B	3.6B	1.6B	2.0B	2.1B	2.2B
Non Currrent Assets Other	111.5M	120.9M	91.7M	127.0M	395.7M	415.5M
Net Receivables	7.6M	8.7M	16.4M	136.8M	29.7M	17.3M
Good Will	80.4M	73.3M	70.8M	105.5M	104.0M	109.2M
Property Plant And Equipment Gross	2.1B	2.7B	933.8M	799.3M	1.6B	1.7B
Accumulated Other Comprehensive Income	289.2M	709.3M	576.8M	437.3M	390.0M	261.7M
Short Term Debt	384.2M	1.0B	168.6M	155.8M	(1.6B)	(1.6B)
Other Liab	18.8M	11.9M	13.2M	19.2M	22.1M	23.2M
Long Term Investments	431.1M	537.7M	437.9M	862.3M	525.0M	410.6M
Net Tangible Assets	2.3B	2.6B	4.8B	3.6B	4.2B	2.5B

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