Embark Issuance Of Capital Stock vs Net Income Analysis

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 Issuance Of Capital Stock and its Net Income 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.

Issuance Of Capital Stock vs Net Income

Issuance Of Capital Stock vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Embark Education Issuance Of Capital Stock account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Embark Education's Issuance Of Capital Stock and Net Income is -0.33. Overlapping area represents the amount of variation of Issuance Of Capital Stock that can explain the historical movement of Net Income 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 Issuance Of Capital Stock and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Issuance Of Capital Stock of Embark Education Group are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Issuance Of Capital Stock i.e., Embark Education's Issuance Of Capital Stock and Net Income go up and down completely randomly.

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Issuance Of Capital Stock

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Embark Education financial statement analysis. It represents the amount of money remaining after all of Embark Education Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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.
 2021 2022 2023 2024 (projected)
Gross Profit33.9M12.7M62.8M59.1M
Total Revenue51.8M19.8M68.1M69.1M

Embark Education fundamental ratios Correlations

0.120.15-0.41-0.470.680.450.22-0.620.040.270.07-0.810.40.27-0.660.11-0.120.29-0.060.26-0.490.640.480.4-0.65
0.120.160.220.030.00.880.56-0.34-0.110.750.98-0.240.90.750.060.750.320.930.270.78-0.180.570.870.91-0.19
0.150.160.230.34-0.10.07-0.110.340.58-0.080.21-0.380.06-0.080.250.13-0.80.04-0.56-0.080.63-0.250.050.160.41
-0.410.220.23-0.05-0.730.070.320.17-0.260.110.220.180.150.110.270.370.00.240.030.170.31-0.30.040.180.47
-0.470.030.34-0.05-0.47-0.37-0.270.860.62-0.440.170.56-0.37-0.440.93-0.11-0.32-0.34-0.35-0.460.79-0.59-0.39-0.320.75
0.680.0-0.1-0.73-0.470.30.05-0.66-0.080.22-0.07-0.680.220.22-0.73-0.280.070.13-0.040.21-0.650.640.330.21-0.83
0.450.880.070.07-0.370.30.63-0.7-0.260.820.81-0.580.990.82-0.390.70.340.970.370.86-0.50.851.00.98-0.53
0.220.56-0.110.32-0.270.050.63-0.49-0.560.380.57-0.30.610.38-0.20.290.570.630.330.48-0.390.590.630.61-0.32
-0.62-0.340.340.170.86-0.66-0.7-0.490.56-0.64-0.220.68-0.68-0.640.89-0.29-0.48-0.63-0.45-0.670.92-0.91-0.72-0.630.93
0.04-0.110.58-0.260.62-0.08-0.26-0.560.56-0.41-0.02-0.06-0.27-0.410.45-0.06-0.82-0.33-0.54-0.470.58-0.41-0.28-0.190.45
0.270.75-0.080.11-0.440.220.820.38-0.64-0.410.62-0.330.851.0-0.40.70.410.870.410.99-0.460.690.820.83-0.51
0.070.980.210.220.17-0.070.810.57-0.22-0.020.62-0.180.830.620.20.70.270.850.20.65-0.080.490.790.85-0.09
-0.81-0.24-0.380.180.56-0.68-0.58-0.30.68-0.06-0.33-0.18-0.53-0.330.71-0.160.26-0.430.12-0.350.45-0.65-0.59-0.560.62
0.40.90.060.15-0.370.220.990.61-0.68-0.270.850.83-0.530.85-0.350.770.350.990.370.88-0.480.810.990.99-0.49
0.270.75-0.080.11-0.440.220.820.38-0.64-0.411.00.62-0.330.85-0.40.70.410.870.410.99-0.460.690.820.83-0.51
-0.660.060.250.270.93-0.73-0.39-0.20.890.45-0.40.20.71-0.35-0.40.01-0.2-0.28-0.26-0.420.8-0.69-0.42-0.310.85
0.110.750.130.37-0.11-0.280.70.29-0.29-0.060.70.7-0.160.770.70.010.160.780.410.67-0.110.420.690.75-0.09
-0.120.32-0.80.0-0.320.070.340.57-0.48-0.820.410.270.260.350.41-0.20.160.40.670.46-0.630.50.350.26-0.45
0.290.930.040.24-0.340.130.970.63-0.63-0.330.870.85-0.430.990.87-0.280.780.40.410.91-0.440.750.960.98-0.43
-0.060.27-0.560.03-0.35-0.040.370.33-0.45-0.540.410.20.120.370.41-0.260.410.670.410.44-0.460.490.360.29-0.32
0.260.78-0.080.17-0.460.210.860.48-0.67-0.470.990.65-0.350.880.99-0.420.670.460.910.44-0.480.710.860.86-0.5
-0.49-0.180.630.310.79-0.65-0.5-0.390.920.58-0.46-0.080.45-0.48-0.460.8-0.11-0.63-0.44-0.46-0.48-0.81-0.53-0.410.93
0.640.57-0.25-0.3-0.590.640.850.59-0.91-0.410.690.49-0.650.810.69-0.690.420.50.750.490.71-0.810.860.76-0.86
0.480.870.050.04-0.390.331.00.63-0.72-0.280.820.79-0.590.990.82-0.420.690.350.960.360.86-0.530.860.98-0.55
0.40.910.160.18-0.320.210.980.61-0.63-0.190.830.85-0.560.990.83-0.310.750.260.980.290.86-0.410.760.98-0.44
-0.65-0.190.410.470.75-0.83-0.53-0.320.930.45-0.51-0.090.62-0.49-0.510.85-0.09-0.45-0.43-0.32-0.50.93-0.86-0.55-0.44
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Embark Education Account Relationship Matchups

Embark Education fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding115.5M140.9M154.0M159.5M183.5M119.9M
Total Assets368.2M374.5M425.0M167.6M160.8M275.2M
Other Current Liab25.0M26.8M25.8M8.1M7.7M13.9M
Total Current Liabilities47.8M28.6M42.3M15.6M15.2M27.6M
Total Stockholder Equity100.8M109.5M131.9M81.7M78.3M95.1M
Net Tangible Assets(16.3M)(8.2M)(28.6M)16.7M19.2M20.1M
Property Plant And Equipment Net185.0M178.0M191.7M68.6M62.9M78.9M
Net Debt191.1M(59.1M)211.0M59.5M46.4M57.7M
Retained Earnings(136.0M)(128.5M)(127.7M)(178.0M)(163.6M)(155.4M)
Accounts Payable504K1.8M1.0M895K704K828K
Cash39.0M59.1M47.6M17.3M26.8M29.5M
Non Current Assets Total314.0M299.8M371.3M146.4M131.2M239.6M
Other Assets11.9M13.0M14.1M3.6M4.1M5.9M
Cash And Short Term Investments39.0M59.1M47.6M17.3M26.8M29.5M
Good Will113.9M114.5M157.3M65.0M60.9M109.0M
Other Current Assets2.4M2.0M4.4M1.2M840K798K
Other Stockholder Equity(1.2M)(109.5M)(417K)(259K)(297.9K)(312.7K)
Total Liab267.4M265.0M293.1M85.8M82.4M144.4M
Total Current Assets54.2M61.6M53.7M21.1M29.5M34.2M
Intangible Assets3.2M3.2M3.2M38K34.2K32.5K
Common Stock159.1M159.6M238.0M260.0M242.4M223.3M
Property Plant Equipment185.0M178.0M191.7M68.6M78.9M79.9M
Short Long Term Debt Total230.1M236.3M258.5M76.8M73.2M127.6M
Current Deferred Revenue12.6M11.8M7.7M543K488.7K464.3K
Long Term Debt25.4M17.7M36.1M36.2M32.6M24.4M
Long Term Debt Total25.4M219.6M236.3M250.8M288.5M302.9M
Liabilities And Stockholders Equity136.1M368.2M425.0M167.6M160.8M267.6M
Non Current Liabilities Total219.6M36.1M250.8M70.3M67.2M93.8M
Property Plant And Equipment Gross5.8M185.0M234.3M77.0M64.5M80.6M
Accumulated Other Comprehensive Income(7.3M)(1.2M)(417K)(259K)(520K)(546K)
Short Term Debt30M10.5M7.7M6.5M6.3M6.0M
Short Term Investments24.7M24.0M26.5M40.6M46.7M49.1M
Net Invested Capital107.0M17.7M168.1M81.7M78.3M85.6M
Net Working Capital(29.5M)6.4M11.4M5.5M14.3M15.1M

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Additional Tools for Embark Stock Analysis

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