Udemy Interest Income vs Reconciled Depreciation Analysis

UDMY Stock  USD 8.05  0.10  1.26%   
Udemy financial indicator trend analysis is much more than just breaking down Udemy Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Udemy Inc is a good investment. Please check the relationship between Udemy Interest Income and its Reconciled Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Udemy 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 population.

Interest Income vs Reconciled Depreciation

Interest Income vs Reconciled Depreciation Correlation Analysis

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

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Reconciled Depreciation

Most indicators from Udemy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Udemy 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Udemy 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 population.
Enterprise Value is likely to rise to about 1.9 B in 2024, whereas Tax Provision is likely to drop slightly above 2.7 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense32K4.3M518K492.1K
Depreciation And Amortization15.3M27.4M24.6M19.2M

Udemy fundamental ratios Correlations

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Udemy Account Relationship Matchups

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