New Operating Profit Margin vs Pretax Profit Margin Analysis

EDU Stock  USD 59.52  0.94  1.60%   
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 Operating Profit Margin and its Pretax Profit Margin 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.

Operating Profit Margin vs Pretax Profit Margin

Operating Profit Margin vs Pretax Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of New Oriental Education Operating Profit Margin account and Pretax Profit Margin. At this time, the significance of the direction appears to have totally related.
The correlation between New Oriental's Operating Profit Margin and Pretax Profit Margin is 0.99. Overlapping area represents the amount of variation of Operating Profit Margin that can explain the historical movement of Pretax Profit Margin 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 Operating Profit Margin and Pretax Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Profit Margin of New Oriental Education are associated (or correlated) with its Pretax Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pretax Profit Margin has no effect on the direction of Operating Profit Margin i.e., New Oriental's Operating Profit Margin and Pretax Profit Margin go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Operating Profit Margin

Pretax Profit Margin

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 Profit1.4B1.6B2.3B2.4B
Total Revenue3.1B3.0B4.3B4.5B

New Oriental fundamental ratios Correlations

0.820.610.980.980.170.840.680.990.570.790.850.980.990.810.720.260.990.650.720.510.80.650.80.820.95
0.820.310.760.760.680.580.320.770.320.980.590.880.750.740.320.580.810.250.350.190.460.350.970.980.68
0.610.310.560.68-0.260.720.610.620.420.320.750.510.630.370.52-0.310.560.420.510.210.670.420.340.340.53
0.980.760.560.950.10.810.730.970.550.730.780.980.980.820.790.20.960.720.730.580.860.650.740.770.99
0.980.760.680.950.060.860.690.990.620.720.910.940.990.750.720.210.980.650.760.510.780.690.730.750.92
0.170.68-0.260.10.06-0.13-0.270.09-0.240.67-0.030.290.060.23-0.30.580.18-0.33-0.26-0.23-0.22-0.250.650.63-0.01
0.840.580.720.810.86-0.130.540.850.640.620.740.790.850.810.560.230.80.460.560.370.770.690.650.670.81
0.680.320.610.730.69-0.270.540.680.330.230.760.630.720.290.96-0.420.640.920.890.750.860.530.230.290.73
0.990.770.620.970.990.090.850.680.60.740.870.961.00.790.730.240.990.660.750.520.790.670.750.770.95
0.570.320.420.550.62-0.240.640.330.60.30.490.50.60.560.420.210.560.480.450.470.460.930.340.350.56
0.790.980.320.730.720.670.620.230.740.30.530.850.720.790.240.620.780.150.260.120.430.310.990.990.65
0.850.590.750.780.91-0.030.740.760.870.490.530.750.880.430.71-0.040.850.660.840.530.680.60.520.550.73
0.980.880.510.980.940.290.790.630.960.50.850.750.950.850.680.340.970.60.640.470.780.580.860.880.95
0.990.750.630.980.990.060.850.721.00.60.720.880.950.770.760.20.990.70.770.560.80.690.720.750.96
0.810.740.370.820.750.230.810.290.790.560.790.430.850.770.390.520.790.310.290.270.630.570.830.830.82
0.720.320.520.790.72-0.30.560.960.730.420.240.710.680.760.39-0.350.690.980.910.820.850.620.240.30.81
0.260.58-0.310.20.210.580.23-0.420.240.210.62-0.040.340.20.52-0.350.29-0.37-0.25-0.3-0.110.070.630.60.18
0.990.810.560.960.980.180.80.640.990.560.780.850.970.990.790.690.290.630.720.510.730.640.780.80.94
0.650.250.420.720.65-0.330.460.920.660.480.150.660.60.70.310.98-0.370.630.910.890.750.680.150.210.75
0.720.350.510.730.76-0.260.560.890.750.450.260.840.640.770.290.91-0.250.720.910.770.690.640.240.30.74
0.510.190.210.580.51-0.230.370.750.520.470.120.530.470.560.270.82-0.30.510.890.770.540.750.110.190.6
0.80.460.670.860.78-0.220.770.860.790.460.430.680.780.80.630.85-0.110.730.750.690.540.560.460.490.87
0.650.350.420.650.69-0.250.690.530.670.930.310.60.580.690.570.620.070.640.680.640.750.560.340.380.67
0.80.970.340.740.730.650.650.230.750.340.990.520.860.720.830.240.630.780.150.240.110.460.341.00.66
0.820.980.340.770.750.630.670.290.770.350.990.550.880.750.830.30.60.80.210.30.190.490.381.00.7
0.950.680.530.990.92-0.010.810.730.950.560.650.730.950.960.820.810.180.940.750.740.60.870.670.660.7
Click cells to compare fundamentals

New Oriental Account Relationship Matchups

New Oriental fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.6B10.2B6.0B6.4B7.5B7.9B
Short Long Term Debt Total1.6B2.2B680.4M458.6M662.3M779.3M
Other Current Liab737.6M355.1M1.4B1.9B702.2M737.3M
Total Current Liabilities2.5B3.5B1.7B2.3B3.0B3.2B
Total Stockholder Equity2.7B4.9B3.7B3.6B3.8B4.0B
Net Debt665.0M550.1M(468.2M)(1.2B)(727.0M)(690.7M)
Cash915.1M1.6B1.1B1.7B1.4B698.5M
Other Assets174.8M224.5M111.8M647.3M744.4M781.6M
Cash And Short Term Investments3.5B6.3B4.2B4.0B4.8B5.0B
Common Stock Shares Outstanding159.5M165.2M169.6M168.6M166.9M163.6M
Liabilities And Stockholders Equity6.6B10.2B6.0B6.4B7.5B7.9B
Non Current Liabilities Total1.2B1.7B531.0M326.7M481.8M265.6M
Other Stockholder Equity459.7M1.9B2.1B1.9B1.9B2.0B
Total Liab3.7B5.1B2.2B2.6B3.5B3.7B
Total Current Assets3.8B6.6B4.5B4.4B5.4B5.7B
Retained Earnings2.0B2.3B1.1B1.2B1.5B901.8M
Accounts Payable33.1M38.4M22.3M69.8M105.7M111.0M
Long Term Debt117.9M297.6M65.4M14.7M14.4M13.7M
Short Term Investments2.6B4.6B3.0B2.3B3.4B3.6B
Inventory31.3M31.2M27.9M52.7M92.8M97.4M
Other Current Assets14.6M273.4M238.6M331.5M491.3M515.8M
Intangible Assets16.3M18.8M6.4M28.5M23.1M24.3M
Property Plant Equipment2.1B2.7B933.8M799.3M919.2M562.5M
Property Plant And Equipment Net2.1B2.7B933.8M799.3M1.2B625.2M
Current Deferred Revenue1.3B1.9B933.1M1.3B1.8B1.9B
Non Current Assets Total2.8B3.6B1.6B2.0B2.1B2.2B
Non Currrent Assets Other111.5M120.9M91.7M127.0M256.1M268.9M
Net Receivables7.6M8.7M16.4M136.8M29.7M17.3M
Good Will80.4M73.3M70.8M105.5M104.0M109.2M
Property Plant And Equipment Gross2.1B2.7B933.8M799.3M1.6B1.7B
Accumulated Other Comprehensive Income289.2M709.3M576.8M437.3M390.0M261.7M
Short Term Debt384.2M1.0B168.6M155.8M273.1M197.3M
Other Liab18.8M11.9M13.2M19.2M22.1M23.2M
Long Term Investments431.1M537.7M437.9M862.3M525.0M410.6M
Net Tangible Assets2.3B2.6B4.8B3.6B4.2B2.5B

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