Stride Ptb Ratio vs Inventory Turnover Analysis

LRN Stock  USD 134.24  4.66  3.35%   
Stride financial indicator trend analysis is much more than just breaking down Stride Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stride Inc is a good investment. Please check the relationship between Stride Ptb Ratio and its Inventory Turnover accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Stride Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Ptb Ratio vs Inventory Turnover

JavaScript chart by amCharts 3.21.152016201820202022202411.21.41.61.822.22.4 1820222426283032
JavaScript chart by amCharts 3.21.15Ptb Ratiototal: 18.72032149365681Inventory Turnovertotal: 309.11290441972506

Ptb Ratio vs Inventory Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stride Inc Ptb Ratio account and Inventory Turnover. At this time, the significance of the direction appears to have fragmental relationship.
Ptb RatioInventory TurnoverDiversified AwayPtb RatioInventory TurnoverDiversified Away100%
The correlation between Stride's Ptb Ratio and Inventory Turnover is 0.54. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Inventory Turnover in the same time period over historical financial statements of Stride Inc, assuming nothing else is changed. The correlation between historical values of Stride's Ptb Ratio and Inventory Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Stride Inc are associated (or correlated) with its Inventory Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory Turnover has no effect on the direction of Ptb Ratio i.e., Stride's Ptb Ratio and Inventory Turnover go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.
Most indicators from Stride's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stride Inc 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Stride Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Stride's Tax Provision is very stable compared to the past year. As of the 22nd of February 2025, Sales General And Administrative To Revenue is likely to grow to 0.32, while Selling General Administrative is likely to drop about 272.3 M.
 2022 2023 2024 2025 (projected)
Interest Expense8.4M8.8M10.1M10.6M
Depreciation And Amortization119.5M109.7M126.1M132.4M

Stride fundamental ratios Correlations

0.570.40.740.670.690.510.620.080.420.70.580.580.440.480.570.010.410.850.380.480.410.550.440.88-0.05
0.570.960.750.750.960.660.640.670.950.650.980.970.920.951.0-0.170.960.540.580.970.890.990.820.73-0.27
0.40.960.730.790.830.740.670.850.90.650.90.960.940.860.95-0.210.990.40.680.990.870.930.870.67-0.3
0.740.750.730.950.690.80.70.560.580.910.710.830.810.590.72-0.20.720.580.610.780.590.670.760.91-0.35
0.670.750.790.950.650.90.790.720.590.890.670.860.830.550.74-0.190.760.530.730.830.630.670.880.89-0.3
0.690.960.830.690.650.530.560.450.920.580.970.90.810.950.95-0.130.840.630.430.850.840.970.710.72-0.22
0.510.660.740.80.90.530.650.790.470.750.530.80.710.430.64-0.110.70.520.610.760.720.560.880.74-0.03
0.620.640.670.70.790.560.650.610.50.70.570.680.610.420.68-0.040.680.60.950.710.410.60.590.79-0.1
0.080.670.850.560.720.450.790.610.60.50.540.750.750.490.67-0.170.820.140.720.830.690.60.830.47-0.2
0.420.950.90.580.590.920.470.50.60.460.960.870.860.980.95-0.20.90.370.460.890.860.970.710.55-0.32
0.70.650.650.910.890.580.750.70.50.460.620.740.730.470.64-0.250.640.540.640.710.470.580.680.82-0.34
0.580.980.90.710.670.970.530.570.540.960.620.910.880.980.98-0.190.910.520.50.910.830.990.710.68-0.32
0.580.970.960.830.860.90.80.680.750.870.740.910.940.850.96-0.190.940.540.630.970.880.920.920.78-0.28
0.440.920.940.810.830.810.710.610.750.860.730.880.940.820.89-0.30.910.310.60.940.780.870.880.66-0.46
0.480.950.860.590.550.950.430.420.490.980.470.980.850.820.94-0.180.870.440.360.850.850.980.650.56-0.29
0.571.00.950.720.740.950.640.680.670.950.640.980.960.890.94-0.160.960.550.620.960.870.990.790.73-0.26
0.01-0.17-0.21-0.2-0.19-0.13-0.11-0.04-0.17-0.2-0.25-0.19-0.19-0.3-0.18-0.16-0.170.36-0.09-0.19-0.16-0.16-0.19-0.050.68
0.410.960.990.720.760.840.70.680.820.90.640.910.940.910.870.96-0.170.440.690.990.860.940.810.67-0.27
0.850.540.40.580.530.630.520.60.140.370.540.520.540.310.440.550.360.440.390.470.480.530.340.750.37
0.380.580.680.610.730.430.610.950.720.460.640.50.630.60.360.62-0.090.690.390.710.360.540.570.65-0.18
0.480.970.990.780.830.850.760.710.830.890.710.910.970.940.850.96-0.190.990.470.710.860.930.870.73-0.29
0.410.890.870.590.630.840.720.410.690.860.470.830.880.780.850.87-0.160.860.480.360.860.870.80.54-0.02
0.550.990.930.670.670.970.560.60.60.970.580.990.920.870.980.99-0.160.940.530.540.930.870.730.67-0.26
0.440.820.870.760.880.710.880.590.830.710.680.710.920.880.650.79-0.190.810.340.570.870.80.730.69-0.29
0.880.730.670.910.890.720.740.790.470.550.820.680.780.660.560.73-0.050.670.750.650.730.540.670.69-0.23
-0.05-0.27-0.3-0.35-0.3-0.22-0.03-0.1-0.2-0.32-0.34-0.32-0.28-0.46-0.29-0.260.68-0.270.37-0.18-0.29-0.02-0.26-0.29-0.23
Click cells to compare fundamentals

Stride Account Relationship Matchups

Stride fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding41.9M42.4M42.7M43.5M50.1M34.4M
Total Assets1.6B1.6B1.8B1.9B2.2B2.3B
Short Long Term Debt Total466.3M565.7M543.8M528.2M607.4M637.8M
Other Current Liab110.0M86.0M84.0M83.8M96.3M49.8M
Total Current Liabilities306.2M302.1M309.1M244.3M280.9M145.8M
Total Stockholder Equity804.6M812.6M947.3M1.2B1.4B1.4B
Property Plant And Equipment Net166.7M147.0M121.8M105.4M121.2M68.4M
Current Deferred Revenue38.1M53.6M76.2M35.7M41.1M25.9M
Net Debt80.2M176.3M133.0M27.6M31.7M33.3M
Retained Earnings112.2M227.5M354.3M558.5M642.3M674.4M
Accounts Payable62.1M62.0M48.9M41.0M47.1M31.5M
Cash386.1M389.4M410.8M500.6M575.7M604.5M
Non Current Assets Total719.8M693.0M695.5M675.0M776.3M815.1M
Non Currrent Assets Other105.5M93.9M105.9M98.4M113.2M118.8M
Cash And Short Term Investments386.1M389.4M410.8M692.3M796.1M835.9M
Net Receivables369.3M418.6M463.7M472.8M543.7M570.9M
Liabilities And Stockholders Equity1.6B1.6B1.8B1.9B2.2B2.3B
Non Current Liabilities Total466.4M528.9M504.2M500.2M575.2M603.9M
Inventory39.7M36.0M36.7M36.7M42.3M32.2M
Other Current Assets62.5M106.6M154.0M43.7M50.2M30.8M
Total Liab772.6M831.0M813.4M744.4M856.1M898.9M
Property Plant And Equipment Gross166.7M147.0M121.8M217.9M250.6M263.1M
Total Current Assets857.5M950.5M1.1B1.2B1.4B1.5B
Short Term Debt96.0M100.4M100.1M83.8M96.4M101.2M
Intangible Assets207.2M211.0M209.0M195.5M224.8M125.0M
Other Liab23.3M48.1M13.4M10.5M12.1M18.5M
Other Assets116.5M155.9M114.3M109.9M126.4M65.9M
Property Plant Equipment150.4M166.7M61.5M52.3M60.2M56.2M
Other Stockholder Equity693.0M585.0M593.0M617.6M710.2M559.5M
Accumulated Other Comprehensive Income(474K)143K(35K)(42K)(48.3K)(50.7K)
Good Will174.9M240.4M241.0M246.7M283.7M297.9M
Net Tangible Assets374.4M407.5M360.5M491.6M565.3M419.1M
Retained Earnings Total Equity47.0M112.2M227.5M354.3M407.5M427.9M
Long Term Debt Total4.6M299.3M411.4M413.0M475.0M498.7M
Capital Surpluse730.8M795.4M687.5M695.5M799.8M739.0M

Pair Trading with Stride

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Stride position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Stride will appreciate offsetting losses from the drop in the long position's value.

Moving together with Stride Stock

  0.78VSTA Vasta PlatformPairCorr

Moving against Stride Stock

  0.83GNS Genius GroupPairCorr
  0.68EDU New Oriental EducationPairCorr
  0.47FEDU Four Seasons EducationPairCorr
The ability to find closely correlated positions to Stride could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Stride when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Stride - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Stride Inc to buy it.
The correlation of Stride is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Stride moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Stride Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Stride can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Stride Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Stride's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Stride Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Stride Inc Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Stride Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Diversified Consumer Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Stride. If investors know Stride will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Stride listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.083
Earnings Share
5.96
Revenue Per Share
51.207
Quarterly Revenue Growth
0.478
Return On Assets
0.1085
The market value of Stride Inc is measured differently than its book value, which is the value of Stride that is recorded on the company's balance sheet. Investors also form their own opinion of Stride's value that differs from its market value or its book value, called intrinsic value, which is Stride's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Stride's market value can be influenced by many factors that don't directly affect Stride's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Stride's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stride is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stride's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.