Nerdy Total Current Assets vs Gross Profit Margin Analysis

NRDY Stock

USD 1.39 0.01 0.71%

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 Total Current Assets and its Gross Profit Margin 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.

Total Current Assets vs Gross Profit Margin

Total Current Assets vs Gross Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nerdy Inc Total Current Assets account and Gross Profit Margin. At this time, the significance of the direction appears to have very week relationship.

The correlation between Nerdy's Total Current Assets and Gross Profit Margin is 0.26. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Gross Profit Margin 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 Total Current Assets and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Nerdy Inc are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Total Current Assets i.e., Nerdy's Total Current Assets and Gross Profit Margin go up and down completely randomly.

Correlation Coefficient

0.26

Relationship Direction	Positive
Relationship Strength	Very Weak

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Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Gross Profit Margin

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 Expense	3.8M	483K	3.4M	2.7M
Depreciation And Amortization	6.4M	6.5M	6.8M	6.1M

Interest Expense Depreciation And Amortization

Nerdy fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross
Common Stock Shares Outstanding		0.21	-0.32	0.14	0.04	0.41	-0.2	0.39	0.12	-0.22	-0.09	-0.14	0.17	0.07	0.04	-0.13	0.14	0.17	0.28	-0.15	-0.43	0.26	0.29	-0.44	0.42	0.3
Total Assets	0.21		-0.94	0.84	0.89	0.82	0.46	0.19	0.97	-1.0	-0.82	0.6	0.99	-0.8	-0.57	-0.83	0.76	0.99	0.75	-0.42	-0.78	0.99	0.94	-0.74	0.81	0.77
Short Long Term Debt Total	-0.32	-0.94		-0.79	-0.79	-0.95	-0.3	-0.4	-0.89	0.95	0.79	-0.46	-0.9	0.68	0.4	0.82	-0.73	-0.9	-0.87	0.56	0.93	-0.97	-0.96	0.91	-0.94	-0.86
Other Current Liab	0.14	0.84	-0.79		0.93	0.59	0.75	0.43	0.81	-0.82	-0.96	0.85	0.8	-0.72	-0.79	-0.96	0.99	0.8	0.84	-0.6	-0.57	0.82	0.9	-0.52	0.57	0.9
Total Current Liabilities	0.04	0.89	-0.79	0.93		0.56	0.81	0.11	0.93	-0.88	-0.96	0.9	0.89	-0.9	-0.71	-0.95	0.89	0.89	0.76	-0.49	-0.52	0.86	0.87	-0.46	0.53	0.79
Total Stockholder Equity	0.41	0.82	-0.95	0.59	0.56		-0.01	0.49	0.73	-0.84	-0.58	0.17	0.77	-0.48	-0.22	-0.63	0.53	0.77	0.8	-0.54	-1.0	0.88	0.84	-0.99	1.0	0.75
Net Tangible Assets	-0.2	0.46	-0.3	0.75	0.81	-0.01		-0.07	0.57	-0.43	-0.81	0.98	0.47	-0.71	-0.7	-0.76	0.77	0.47	0.46	-0.34	0.04	0.4	0.48	0.1	-0.04	0.51
Property Plant And Equipment Net	0.39	0.19	-0.4	0.43	0.11	0.49	-0.07		0.01	-0.18	-0.31	0.01	0.08	0.18	-0.24	-0.37	0.49	0.08	0.62	-0.58	-0.54	0.26	0.43	-0.55	0.5	0.66
Current Deferred Revenue	0.12	0.97	-0.89	0.81	0.93	0.73	0.57	0.01		-0.98	-0.84	0.69	0.98	-0.89	-0.55	-0.84	0.73	0.98	0.7	-0.39	-0.68	0.95	0.89	-0.63	0.7	0.71
Net Debt	-0.22	-1.0	0.95	-0.82	-0.88	-0.84	-0.43	-0.18	-0.98		0.8	-0.58	-0.99	0.8	0.53	0.81	-0.73	-0.99	-0.75	0.42	0.8	-0.99	-0.94	0.76	-0.82	-0.76
Retained Earnings	-0.09	-0.82	0.79	-0.96	-0.96	-0.58	-0.81	-0.31	-0.84	0.8		-0.89	-0.79	0.83	0.69	1.0	-0.95	-0.79	-0.87	0.65	0.55	-0.8	-0.88	0.5	-0.55	-0.88
Accounts Payable	-0.14	0.6	-0.46	0.85	0.9	0.17	0.98	0.01	0.69	-0.58	-0.89		0.62	-0.81	-0.78	-0.85	0.84	0.62	0.58	-0.47	-0.13	0.54	0.61	-0.07	0.14	0.61
Cash	0.17	0.99	-0.9	0.8	0.89	0.77	0.47	0.08	0.98	-0.99	-0.79	0.62		-0.83	-0.57	-0.79	0.71	1.0	0.68	-0.36	-0.72	0.97	0.9	-0.68	0.75	0.7
Non Current Assets Total	0.07	-0.8	0.68	-0.72	-0.9	-0.48	-0.71	0.18	-0.89	0.8	0.83	-0.81	-0.83		0.59	0.8	-0.64	-0.83	-0.62	0.51	0.44	-0.75	-0.67	0.39	-0.45	-0.53
Non Currrent Assets Other	0.04	-0.57	0.4	-0.79	-0.71	-0.22	-0.7	-0.24	-0.55	0.53	0.69	-0.78	-0.57	0.59		0.65	-0.75	-0.57	-0.46	0.51	0.18	-0.48	-0.51	0.13	-0.19	-0.5
Other Assets	-0.13	-0.83	0.82	-0.96	-0.95	-0.63	-0.76	-0.37	-0.84	0.81	1.0	-0.85	-0.79	0.8	0.65		-0.95	-0.79	-0.91	0.67	0.61	-0.82	-0.9	0.56	-0.6	-0.92
Long Term Debt	0.14	0.76	-0.73	0.99	0.89	0.53	0.77	0.49	0.73	-0.73	-0.95	0.84	0.71	-0.64	-0.75	-0.95		0.71	0.84	-0.59	-0.51	0.75	0.87	-0.46	0.5	0.92
Cash And Short Term Investments	0.17	0.99	-0.9	0.8	0.89	0.77	0.47	0.08	0.98	-0.99	-0.79	0.62	1.0	-0.83	-0.57	-0.79	0.71		0.68	-0.36	-0.72	0.97	0.9	-0.68	0.75	0.7
Net Receivables	0.28	0.75	-0.87	0.84	0.76	0.8	0.46	0.62	0.7	-0.75	-0.87	0.58	0.68	-0.62	-0.46	-0.91	0.84	0.68		-0.81	-0.81	0.79	0.88	-0.78	0.78	0.95
Good Will	-0.15	-0.42	0.56	-0.6	-0.49	-0.54	-0.34	-0.58	-0.39	0.42	0.65	-0.47	-0.36	0.51	0.51	0.67	-0.59	-0.36	-0.81		0.56	-0.43	-0.5	0.55	-0.53	-0.63
Non Current Liabilities Total	-0.43	-0.78	0.93	-0.57	-0.52	-1.0	0.04	-0.54	-0.68	0.8	0.55	-0.13	-0.72	0.44	0.18	0.61	-0.51	-0.72	-0.81	0.56		-0.84	-0.82	1.0	-1.0	-0.76
Other Current Assets	0.26	0.99	-0.97	0.82	0.86	0.88	0.4	0.26	0.95	-0.99	-0.8	0.54	0.97	-0.75	-0.48	-0.82	0.75	0.97	0.79	-0.43	-0.84		0.96	-0.81	0.86	0.81
Other Stockholder Equity	0.29	0.94	-0.96	0.9	0.87	0.84	0.48	0.43	0.89	-0.94	-0.88	0.61	0.9	-0.67	-0.51	-0.9	0.87	0.9	0.88	-0.5	-0.82	0.96		-0.79	0.82	0.94
Total Liab	-0.44	-0.74	0.91	-0.52	-0.46	-0.99	0.1	-0.55	-0.63	0.76	0.5	-0.07	-0.68	0.39	0.13	0.56	-0.46	-0.68	-0.78	0.55	1.0	-0.81	-0.79		-0.99	-0.72
Net Invested Capital	0.42	0.81	-0.94	0.57	0.53	1.0	-0.04	0.5	0.7	-0.82	-0.55	0.14	0.75	-0.45	-0.19	-0.6	0.5	0.75	0.78	-0.53	-1.0	0.86	0.82	-0.99		0.73
Property Plant And Equipment Gross	0.3	0.77	-0.86	0.9	0.79	0.75	0.51	0.66	0.71	-0.76	-0.88	0.61	0.7	-0.53	-0.5	-0.92	0.92	0.7	0.95	-0.63	-0.76	0.81	0.94	-0.72	0.73

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Nerdy Account Relationship Matchups

Nerdy fundamental ratios Accounts

		2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding		29.8M	54.8M	79.2M	85.9M	97.2M	79.0M

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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.

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Nerdy Total Current Assets vs Gross Profit Margin Analysis

Total Current Assets vs Gross Profit Margin

Total Current Assets vs Gross Profit Margin Correlation Analysis

Correlation Coefficient

Total Current Assets

Gross Profit Margin

Nerdy fundamental ratios Correlations

Nerdy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Nerdy fundamental ratios Accounts

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Additional Tools for Nerdy Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Stockholder Equity
Other Assets	+ 1.0	Retained Earnings
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total
Cash	+ 0.99	Total Assets
Cash And Short Term Investments	+ 0.99	Total Assets

Net Invested Capital	- 1.0	Non Current Liabilities Total
Non Current Liabilities Total	- 1.0	Total Stockholder Equity
Net Debt	- 1.0	Total Assets
Net Invested Capital	- 0.99	Total Liab
Other Current Assets	- 0.99	Net Debt
Cash And Short Term Investments	- 0.99	Net Debt