IDP Common Stock vs Property Plant Equipment Analysis
IEL Stock | 12.78 0.09 0.70% |
IDP Education financial indicator trend analysis is infinitely more than just investigating IDP Education recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IDP Education is a good investment. Please check the relationship between IDP Education Common Stock and its Property Plant Equipment accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IDP 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 board of governors.
Common Stock vs Property Plant Equipment
Common Stock vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IDP Education Common Stock account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between IDP Education's Common Stock and Property Plant Equipment is 0.98. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of IDP Education, assuming nothing else is changed. The correlation between historical values of IDP Education's Common Stock and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of IDP Education are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Common Stock i.e., IDP Education's Common Stock and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Common Stock
Property Plant Equipment
Most indicators from IDP Education's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IDP 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IDP 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 board of governors. Selling General Administrative is likely to gain to about 340.8 M in 2024, whereas Tax Provision is likely to drop slightly above 34.8 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 163.2M | 227.4M | 233.7M | 245.4M | Total Revenue | 790.6M | 977.8M | 1.0B | 570.2M |
IDP Education fundamental ratios Correlations
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IDP Education Account Relationship Matchups
High Positive Relationship
High Negative Relationship
IDP Education fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 692.3M | 695.4M | 974.8M | 1.2B | 1.3B | 1.3B | |
Other Current Liab | 76.5M | 44.4M | 65.0M | 98.5M | 68.2M | 49.9M | |
Total Current Liabilities | 170.3M | 170.8M | 229.6M | 351.3M | 298.7M | 156.8M | |
Total Stockholder Equity | 383.7M | 388.5M | 455.7M | 517.2M | 522.6M | 548.7M | |
Other Liab | 11.6M | 11.4M | 51.8M | 59.7M | 68.7M | 72.1M | |
Retained Earnings | 105.9M | 123.3M | 188.3M | 240.8M | 248.3M | 260.7M | |
Accounts Payable | 38.7M | 65.0M | 88.5M | 145.9M | 135.5M | 142.2M | |
Cash | 307.1M | 306.9M | 196.6M | 166.6M | 107.6M | 120.0M | |
Other Assets | 31.4M | 47.6M | 1.0 | 69.7M | 80.2M | 84.2M | |
Net Receivables | 108.3M | 109.5M | 149.8M | 267.3M | 317.5M | 333.4M | |
Good Will | 39.0M | 39.7M | 166.0M | 259.6M | 250.7M | 263.2M | |
Other Current Assets | 13.8M | 15.4M | 23.7M | 40.0M | 35.0M | 21.5M | |
Total Liab | 309.0M | 307.4M | 519.4M | 716.0M | 733.0M | 769.6M | |
Intangible Assets | 120.9M | 125.8M | 437.3M | 550.3M | 324.5M | 175.3M | |
Common Stock | 19.4M | 32.4M | 282.0M | 282.4M | 324.7M | 341.0M | |
Property Plant Equipment | 106.8M | 101.7M | 117.2M | 142.9M | 164.3M | 172.6M | |
Property Plant And Equipment Net | 106.8M | 101.7M | 117.2M | 142.9M | 136.0M | 142.8M | |
Net Debt | (162.7M) | (163.8M) | 59.8M | 162.9M | 288.0M | 302.4M | |
Non Current Assets Total | 263.2M | 263.6M | 604.6M | 759.5M | 782.8M | 821.9M | |
Non Currrent Assets Other | (38.0M) | (39.5M) | (165.6M) | (258.6M) | 21.7M | 22.7M | |
Cash And Short Term Investments | 307.1M | 306.9M | 196.6M | 166.6M | 121.1M | 128.2M | |
Common Stock Shares Outstanding | 260.2M | 279.0M | 278.9M | 278.7M | 279.0M | 288.7M | |
Liabilities And Stockholders Equity | 692.3M | 695.4M | 974.8M | 1.2B | 1.3B | 1.3B | |
Other Stockholder Equity | (11.0M) | (4.2M) | (5.5M) | (10.9M) | (1.7M) | (1.8M) | |
Total Current Assets | 429.2M | 431.8M | 370.2M | 473.9M | 473.6M | 264.5M | |
Accumulated Other Comprehensive Income | 6.8M | (12.9M) | (9.5M) | 4.9M | (6.4M) | (6.1M) | |
Net Tangible Assets | 264.6M | 279.1M | 42.1M | (21.0M) | (24.1M) | (22.9M) | |
Long Term Investments | 5.9M | 4.9M | 3.9M | 8.7M | 7.8M | 5.6M | |
Short Long Term Debt Total | 144.4M | 143.1M | 256.4M | 329.6M | 395.7M | 415.4M | |
Current Deferred Revenue | 37.8M | 41.8M | 51.9M | 57.9M | 61.0M | 40.4M | |
Non Current Liabilities Total | 138.7M | 136.6M | 289.8M | 364.7M | 434.3M | 456.0M | |
Deferred Long Term Liab | 5.9M | 16.3M | 23.7M | 12.2M | 14.0M | 10.5M | |
Property Plant And Equipment Gross | 112.8M | 185.7M | 239.9M | 282.8M | 302.8M | 318.0M | |
Short Term Debt | 17.3M | 17.9M | 18.4M | 24.5M | 23.8M | 21.0M | |
Long Term Debt | 59.8M | 56.7M | 156.5M | 209.0M | 277.7M | 291.5M | |
Long Term Debt Total | 60.5M | 127.1M | 125.2M | 238.0M | 273.7M | 287.4M |
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When running IDP Education's price analysis, check to measure IDP Education's 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 IDP Education is operating at the current time. Most of IDP Education's value examination focuses on studying past and present price action to predict the probability of IDP Education's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IDP Education's price. Additionally, you may evaluate how the addition of IDP Education to your portfolios can decrease your overall portfolio volatility.