Nerdy Reconciled Depreciation vs Net Income From Continuing Ops 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 Reconciled Depreciation and its Net Income From Continuing Ops 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.

Reconciled Depreciation vs Net Income From Continuing Ops

Reconciled Depreciation vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nerdy Inc Reconciled Depreciation account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have pay attention.
The correlation between Nerdy's Reconciled Depreciation and Net Income From Continuing Ops is -0.75. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Net Income From Continuing Ops 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 Reconciled Depreciation and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Nerdy Inc are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Reconciled Depreciation i.e., Nerdy's Reconciled Depreciation and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

-0.75
Relationship DirectionNegative 
Relationship StrengthWeak

Reconciled Depreciation

Net Income From Continuing Ops

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
Click cells to compare fundamentals

Nerdy Account Relationship Matchups

Nerdy fundamental ratios Accounts

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

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