Nerdy Gross Profit vs Ebit Analysis

NRDY Stock  USD 1.40  0.08  6.06%   
Nerdy financial indicator trend analysis is infinitely more than just investigating Nerdy Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nerdy Inc is a good investment. Please check the relationship between Nerdy Gross Profit and its Ebit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nerdy 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 unemployment.

Gross Profit vs Ebit

Gross Profit vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nerdy Inc Gross Profit account and Ebit. At this time, the significance of the direction appears to have pay attention.
The correlation between Nerdy's Gross Profit and Ebit is -0.79. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Ebit in the same time period over historical financial statements of Nerdy Inc, assuming nothing else is changed. The correlation between historical values of Nerdy's Gross Profit and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Nerdy Inc are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Gross Profit i.e., Nerdy's Gross Profit and Ebit go up and down completely randomly.

Correlation Coefficient

-0.79
Relationship DirectionNegative 
Relationship StrengthWeak

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Nerdy Inc minus its cost of goods sold. It is profit before Nerdy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Ebit

Most indicators from Nerdy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nerdy 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 Nerdy 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 unemployment.
Tax Provision is likely to rise to about 85 K in 2024, whereas Selling General Administrative is likely to drop slightly above 92.2 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense3.8M483K3.4M2.7M
Depreciation And Amortization6.4M6.5M6.8M6.1M

Nerdy fundamental ratios Correlations

0.21-0.320.140.040.41-0.20.390.12-0.22-0.09-0.140.170.070.04-0.130.140.170.28-0.15-0.430.260.29-0.440.420.3
0.21-0.940.840.890.820.460.190.97-1.0-0.820.60.99-0.8-0.57-0.830.760.990.75-0.42-0.780.990.94-0.740.810.77
-0.32-0.94-0.79-0.79-0.95-0.3-0.4-0.890.950.79-0.46-0.90.680.40.82-0.73-0.9-0.870.560.93-0.97-0.960.91-0.94-0.86
0.140.84-0.790.930.590.750.430.81-0.82-0.960.850.8-0.72-0.79-0.960.990.80.84-0.6-0.570.820.9-0.520.570.9
0.040.89-0.790.930.560.810.110.93-0.88-0.960.90.89-0.9-0.71-0.950.890.890.76-0.49-0.520.860.87-0.460.530.79
0.410.82-0.950.590.56-0.010.490.73-0.84-0.580.170.77-0.48-0.22-0.630.530.770.8-0.54-1.00.880.84-0.991.00.75
-0.20.46-0.30.750.81-0.01-0.070.57-0.43-0.810.980.47-0.71-0.7-0.760.770.470.46-0.340.040.40.480.1-0.040.51
0.390.19-0.40.430.110.49-0.070.01-0.18-0.310.010.080.18-0.24-0.370.490.080.62-0.58-0.540.260.43-0.550.50.66
0.120.97-0.890.810.930.730.570.01-0.98-0.840.690.98-0.89-0.55-0.840.730.980.7-0.39-0.680.950.89-0.630.70.71
-0.22-1.00.95-0.82-0.88-0.84-0.43-0.18-0.980.8-0.58-0.990.80.530.81-0.73-0.99-0.750.420.8-0.99-0.940.76-0.82-0.76
-0.09-0.820.79-0.96-0.96-0.58-0.81-0.31-0.840.8-0.89-0.790.830.691.0-0.95-0.79-0.870.650.55-0.8-0.880.5-0.55-0.88
-0.140.6-0.460.850.90.170.980.010.69-0.58-0.890.62-0.81-0.78-0.850.840.620.58-0.47-0.130.540.61-0.070.140.61
0.170.99-0.90.80.890.770.470.080.98-0.99-0.790.62-0.83-0.57-0.790.711.00.68-0.36-0.720.970.9-0.680.750.7
0.07-0.80.68-0.72-0.9-0.48-0.710.18-0.890.80.83-0.81-0.830.590.8-0.64-0.83-0.620.510.44-0.75-0.670.39-0.45-0.53
0.04-0.570.4-0.79-0.71-0.22-0.7-0.24-0.550.530.69-0.78-0.570.590.65-0.75-0.57-0.460.510.18-0.48-0.510.13-0.19-0.5
-0.13-0.830.82-0.96-0.95-0.63-0.76-0.37-0.840.811.0-0.85-0.790.80.65-0.95-0.79-0.910.670.61-0.82-0.90.56-0.6-0.92
0.140.76-0.730.990.890.530.770.490.73-0.73-0.950.840.71-0.64-0.75-0.950.710.84-0.59-0.510.750.87-0.460.50.92
0.170.99-0.90.80.890.770.470.080.98-0.99-0.790.621.0-0.83-0.57-0.790.710.68-0.36-0.720.970.9-0.680.750.7
0.280.75-0.870.840.760.80.460.620.7-0.75-0.870.580.68-0.62-0.46-0.910.840.68-0.81-0.810.790.88-0.780.780.95
-0.15-0.420.56-0.6-0.49-0.54-0.34-0.58-0.390.420.65-0.47-0.360.510.510.67-0.59-0.36-0.810.56-0.43-0.50.55-0.53-0.63
-0.43-0.780.93-0.57-0.52-1.00.04-0.54-0.680.80.55-0.13-0.720.440.180.61-0.51-0.72-0.810.56-0.84-0.821.0-1.0-0.76
0.260.99-0.970.820.860.880.40.260.95-0.99-0.80.540.97-0.75-0.48-0.820.750.970.79-0.43-0.840.96-0.810.860.81
0.290.94-0.960.90.870.840.480.430.89-0.94-0.880.610.9-0.67-0.51-0.90.870.90.88-0.5-0.820.96-0.790.820.94
-0.44-0.740.91-0.52-0.46-0.990.1-0.55-0.630.760.5-0.07-0.680.390.130.56-0.46-0.68-0.780.551.0-0.81-0.79-0.99-0.72
0.420.81-0.940.570.531.0-0.040.50.7-0.82-0.550.140.75-0.45-0.19-0.60.50.750.78-0.53-1.00.860.82-0.990.73
0.30.77-0.860.90.790.750.510.660.71-0.76-0.880.610.7-0.53-0.5-0.920.920.70.95-0.63-0.760.810.94-0.720.73
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Nerdy Account Relationship Matchups

Nerdy fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding29.8M54.8M79.2M85.9M97.2M79.0M

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When running Nerdy's price analysis, check to measure Nerdy'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 Nerdy is operating at the current time. Most of Nerdy's value examination focuses on studying past and present price action to predict the probability of Nerdy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nerdy's price. Additionally, you may evaluate how the addition of Nerdy to your portfolios can decrease your overall portfolio volatility.