Four Net Tangible Assets vs Non Currrent Assets Other Analysis
FEDU Stock | USD 11.28 0.26 2.36% |
Four Seasons financial indicator trend analysis is much more than just examining Four Seasons Education latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Four Seasons Education is a good investment. Please check the relationship between Four Seasons Net Tangible Assets and its Non Currrent Assets Other accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Four Seasons 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.
Net Tangible Assets vs Non Currrent Assets Other
Net Tangible Assets vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Four Seasons Education Net Tangible Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Four Seasons' Net Tangible Assets and Non Currrent Assets Other is 0.43. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Four Seasons Education, assuming nothing else is changed. The correlation between historical values of Four Seasons' Net Tangible Assets and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Four Seasons Education are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Net Tangible Assets i.e., Four Seasons' Net Tangible Assets and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.43 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Most indicators from Four Seasons' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Four Seasons 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 Four Seasons 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. Selling General Administrative is likely to gain to about 88.4 M in 2024, whereas Tax Provision is likely to drop slightly above 1 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 3.2M | 2.3M | 7.2M | 6.0M | Tax Provision | 21.8M | 993K | 1.1M | 1.0M |
Four Seasons fundamental ratios Correlations
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Four Seasons Account Relationship Matchups
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When running Four Seasons' price analysis, check to measure Four Seasons' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Four Seasons is operating at the current time. Most of Four Seasons' value examination focuses on studying past and present price action to predict the probability of Four Seasons' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Four Seasons' price. Additionally, you may evaluate how the addition of Four Seasons to your portfolios can decrease your overall portfolio volatility.