EVO Stock | | | 0.80 0.01 1.27% |
Embark Education financial indicator trend analysis is much more than just examining Embark Education latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Embark Education is a good investment. Please check the relationship between Embark Education Depreciation and its Stock Based Compensation accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Embark Education Group. 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.
Depreciation vs Stock Based Compensation
Depreciation vs Stock Based Compensation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Embark Education Depreciation account and
Stock Based Compensation. At this time, the significance of the direction appears to have very week relationship.
The correlation between Embark Education's Depreciation and Stock Based Compensation is 0.22. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Embark Education Group, assuming nothing else is changed. The correlation between historical values of Embark Education's Depreciation and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Embark Education Group are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Depreciation i.e., Embark Education's Depreciation and Stock Based Compensation go up and down completely randomly.
Correlation Coefficient | 0.22 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Depreciation
Depreciation indicates how much of Embark Education value has been used up. For tax purposes Embark Education can deduct the cost of the tangible assets it purchases as business expenses. However, Embark Education Group must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Most indicators from Embark Education's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Embark 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 Embark Education Group. 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.
Selling General Administrative is likely to gain to about 61.9
M in 2024, whereas
Tax Provision is likely to drop slightly above 1.9
M in 2024.
Embark Education fundamental ratios Correlations
Click cells to compare fundamentals
Embark Education Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Embark Education fundamental ratios Accounts
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Additional Tools for Embark Stock Analysis
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