Scholastic Net Tangible Assets vs Good Will Analysis
SCHL Stock | USD 24.80 0.53 2.18% |
Scholastic financial indicator trend analysis is much more than just breaking down Scholastic prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Scholastic is a good investment. Please check the relationship between Scholastic Net Tangible Assets and its Good Will accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scholastic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For more information on how to buy Scholastic Stock please use our How to buy in Scholastic Stock guide.
Net Tangible Assets vs Good Will
Net Tangible Assets vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scholastic Net Tangible Assets account and Good Will. At this time, the significance of the direction appears to have pay attention.
The correlation between Scholastic's Net Tangible Assets and Good Will is -0.8. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Good Will in the same time period over historical financial statements of Scholastic, assuming nothing else is changed. The correlation between historical values of Scholastic's Net Tangible Assets and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Scholastic are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Net Tangible Assets i.e., Scholastic's Net Tangible Assets and Good Will go up and down completely randomly.
Correlation Coefficient | -0.8 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Most indicators from Scholastic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Scholastic 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Scholastic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For more information on how to buy Scholastic Stock please use our How to buy in Scholastic Stock guide.At this time, Scholastic's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 5.9 M this year, although Enterprise Value Over EBITDA will most likely fall to 7.76.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 877.4M | 917.6M | 827.5M | 891.9M | Total Revenue | 1.6B | 1.7B | 1.6B | 1.7B |
Scholastic fundamental ratios Correlations
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Scholastic Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Scholastic fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.0B | 2.0B | 1.9B | 1.9B | 1.7B | 1.5B | |
Short Long Term Debt Total | 241.3M | 282.6M | 97.1M | 101M | 123.8M | 186.9M | |
Other Current Liab | 200.7M | 408.2M | 406M | 209.2M | 355.6M | 184.0M | |
Total Current Liabilities | 501.5M | 695.5M | 619.7M | 340M | 534.7M | 377.2M | |
Total Stockholder Equity | 1.2B | 1.2B | 1.2B | 1.2B | 1.0B | 827.8M | |
Property Plant And Equipment Net | 672.2M | 635.5M | 598.9M | 607.1M | 611M | 360.1M | |
Net Debt | (382.2M) | (83.9M) | (219.5M) | (123.5M) | 10.1M | 9.6M | |
Retained Earnings | 948M | 916.4M | 976.5M | 1.0B | 1.0B | 604.0M | |
Accounts Payable | 153.6M | 138M | 162.3M | 170.9M | 138.5M | 129.0M | |
Cash | 393.8M | 366.5M | 316.6M | 224.5M | 113.7M | 155.1M | |
Non Current Assets Total | 998.3M | 980M | 944.8M | 973.8M | 994.3M | 729.0M | |
Non Currrent Assets Other | 139M | 142M | 154M | 165.5M | 179.6M | 159.1M | |
Cash And Short Term Investments | 393.8M | 366.5M | 316.6M | 224.5M | 113.7M | 155.1M | |
Net Receivables | 329.8M | 344.9M | 326.2M | 286.9M | 250.2M | 217.2M | |
Common Stock Shares Outstanding | 34.6M | 34.3M | 35.6M | 34.7M | 30.4M | 38.0M | |
Liabilities And Stockholders Equity | 2.0B | 2.0B | 1.9B | 1.9B | 1.7B | 1.5B | |
Non Current Liabilities Total | 351.5M | 130.5M | 102.7M | 99.9M | 118.4M | 198.8M | |
Inventory | 270.6M | 269.7M | 281.4M | 334.5M | 264.2M | 299.0M | |
Other Stockholder Equity | 290.5M | 298.7M | 285.5M | 182.7M | 46.5M | 44.2M | |
Total Liab | 853M | 826M | 722.4M | 340M | 653.1M | 660.9M | |
Property Plant And Equipment Gross | 672.2M | 635.5M | 1.1B | 1.1B | 1.1B | 1.2B | |
Total Current Assets | 1.0B | 1.0B | 996M | 559M | 676.9M | 756.8M | |
Accumulated Other Comprehensive Income | (58.3M) | (34.7M) | (45.4M) | (55.8M) | (52.5M) | (55.1M) | |
Short Term Debt | 30.7M | 207.9M | 27.3M | 27.2M | 30.1M | 42.5M | |
Intangible Assets | 12.6M | 10.5M | 8.1M | 9.9M | 10.3M | 9.8M | |
Other Liab | 55.7M | 47M | 26.2M | 21.5M | 19.4M | 18.4M | |
Other Assets | 157.6M | 167.4M | 175.5M | 335.5M | 1.0 | 0.95 | |
Treasury Stock | (333.3M) | (327.8M) | (341.5M) | (449.5M) | (404.6M) | (424.8M) | |
Property Plant Equipment | 576.9M | 635.5M | 517M | 521.4M | 599.6M | 446.8M | |
Current Deferred Revenue | 116.5M | 99.1M | 172.8M | 169.1M | 161.1M | 169.2M | |
Good Will | 124.9M | 126.3M | 125.3M | 132.7M | 132.8M | 134.4M | |
Net Tangible Assets | 1.1B | 1.0B | 1.0B | 973.4M | 1.1B | 1.0B | |
Noncontrolling Interest In Consolidated Entity | 1.3M | 1.4M | 1.5M | 1.6M | 1.8M | 1.9M | |
Retained Earnings Total Equity | 948M | 916.4M | 976.5M | 1.0B | 1.2B | 1.0B |
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Is Publishing 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 Scholastic. If investors know Scholastic 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 Scholastic 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 (0.46) | Dividend Share 0.8 | Earnings Share 0.54 | Revenue Per Share 55.548 | Quarterly Revenue Growth 0.038 |
The market value of Scholastic is measured differently than its book value, which is the value of Scholastic that is recorded on the company's balance sheet. Investors also form their own opinion of Scholastic's value that differs from its market value or its book value, called intrinsic value, which is Scholastic'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 Scholastic's market value can be influenced by many factors that don't directly affect Scholastic'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 Scholastic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Scholastic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scholastic'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.