Scholastic Common Stock Total Equity vs Non Current Assets Total Analysis

SCHL Stock  USD 26.17  0.26  0.98%   
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 Common Stock Total Equity and its Non Current Assets Total 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.

Common Stock Total Equity vs Non Current Assets Total

Common Stock Total Equity vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scholastic Common Stock Total Equity account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Scholastic's Common Stock Total Equity and Non Current Assets Total is 0.89. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Scholastic, assuming nothing else is changed. The correlation between historical values of Scholastic's Common Stock Total Equity and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Scholastic are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Common Stock Total Equity i.e., Scholastic's Common Stock Total Equity and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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 6.19.
 2021 2022 2023 2024 (projected)
Gross Profit877.4M917.6M827.5M891.9M
Total Revenue1.6B1.7B1.6B1.7B

Scholastic fundamental ratios Correlations

0.060.430.80.940.89-0.510.920.840.630.920.480.630.830.750.060.870.620.670.630.510.850.290.340.870.87
0.060.060.28-0.250.120.53-0.29-0.27-0.280.160.4-0.280.51-0.080.75-0.04-0.24-0.250.590.21-0.050.640.240.030.03
0.430.060.740.390.27-0.380.370.160.530.26-0.090.530.320.220.120.180.090.370.59-0.050.70.140.030.340.34
0.80.280.740.680.77-0.310.650.530.540.740.480.540.770.490.10.540.340.510.770.420.770.510.170.640.64
0.94-0.250.390.680.82-0.710.980.880.760.820.320.760.610.78-0.230.810.670.780.380.390.840.150.20.780.78
0.890.120.270.770.82-0.390.830.760.480.950.650.480.760.570.030.690.460.530.530.630.60.370.190.740.74
-0.510.53-0.38-0.31-0.71-0.39-0.66-0.49-0.93-0.250.02-0.93-0.06-0.490.39-0.3-0.33-0.730.010.05-0.690.160.16-0.24-0.24
0.92-0.290.370.650.980.83-0.660.850.690.840.290.690.590.67-0.20.80.640.690.360.410.770.090.190.820.82
0.84-0.270.160.530.880.76-0.490.850.470.810.350.470.590.74-0.180.880.70.660.350.420.660.010.440.770.77
0.63-0.280.530.540.760.48-0.930.690.470.350.111.00.260.56-0.310.360.340.770.190.030.810.14-0.130.310.31
0.920.160.260.740.820.95-0.250.840.810.350.590.350.840.620.150.830.580.460.630.650.620.320.380.890.89
0.480.4-0.090.480.320.650.020.290.350.110.590.110.580.50.10.420.210.010.350.860.150.46-0.050.380.38
0.63-0.280.530.540.760.48-0.930.690.471.00.350.110.260.56-0.310.360.340.770.190.030.810.14-0.130.310.31
0.830.510.320.770.610.76-0.060.590.590.260.840.580.260.530.420.720.440.450.80.510.610.470.480.70.7
0.75-0.080.220.490.780.57-0.490.670.740.560.620.50.560.53-0.140.810.660.550.340.530.70.170.180.670.67
0.060.750.120.1-0.230.030.39-0.2-0.18-0.310.150.1-0.310.42-0.140.04-0.16-0.280.620.060.020.050.490.160.16
0.87-0.040.180.540.810.69-0.30.80.880.360.830.420.360.720.810.040.680.480.460.530.650.080.530.880.88
0.62-0.240.090.340.670.46-0.330.640.70.340.580.210.340.440.66-0.160.680.470.290.380.560.020.230.650.65
0.67-0.250.370.510.780.53-0.730.690.660.770.460.010.770.450.55-0.280.480.470.23-0.130.770.150.230.320.32
0.630.590.590.770.380.530.010.360.350.190.630.350.190.80.340.620.460.290.230.30.650.420.480.640.64
0.510.21-0.050.420.390.630.050.410.420.030.650.860.030.510.530.060.530.38-0.130.30.140.23-0.090.590.59
0.85-0.050.70.770.840.6-0.690.770.660.810.620.150.810.610.70.020.650.560.770.650.140.220.270.670.67
0.290.640.140.510.150.370.160.090.010.140.320.460.140.470.170.050.080.020.150.420.230.22-0.040.150.15
0.340.240.030.170.20.190.160.190.44-0.130.38-0.05-0.130.480.180.490.530.230.230.48-0.090.27-0.040.410.41
0.870.030.340.640.780.74-0.240.820.770.310.890.380.310.70.670.160.880.650.320.640.590.670.150.411.0
0.870.030.340.640.780.74-0.240.820.770.310.890.380.310.70.670.160.880.650.320.640.590.670.150.411.0
Click cells to compare fundamentals

Scholastic Account Relationship Matchups

Scholastic fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.0B1.9B1.9B1.8B1.5B
Short Long Term Debt Total241.3M282.6M97.1M101M123.8M186.9M
Other Current Liab200.7M250.5M257.3M(27.2M)205M162.2M
Total Current Liabilities501.5M695.5M619.7M340M534.7M377.2M
Total Stockholder Equity1.2B1.2B1.2B1.2B1.0B827.8M
Property Plant And Equipment Net672.2M635.5M598.9M607.1M662.6M361.8M
Net Debt(382.2M)(83.9M)(219.5M)(123.5M)10.1M9.6M
Retained Earnings948M916.4M976.5M1.0B1.0B604.0M
Accounts Payable153.6M138M162.3M170.9M138.5M129.0M
Cash393.8M366.5M316.6M224.5M113.7M155.1M
Non Current Assets Total998.3M980M944.8M973.8M1.1B731.6M
Non Currrent Assets Other139M142M154M165.5M128.0M157.4M
Cash And Short Term Investments393.8M366.5M316.6M224.5M113.7M155.1M
Net Receivables329.8M344.9M326.2M286.9M250.2M217.2M
Common Stock Shares Outstanding34.6M34.3M35.6M34.7M30.4M38.0M
Liabilities And Stockholders Equity2.0B2.0B1.9B1.9B1.8B1.5B
Non Current Liabilities Total351.5M130.5M102.7M99.9M203.3M200.7M
Inventory270.6M269.7M281.4M334.5M264.2M299.0M
Other Stockholder Equity290.5M300.2M286.9M184.3M46.5M44.2M
Total Liab853M826M722.4M340M738M663.6M
Property Plant And Equipment Gross672.2M635.5M1.1B1.1B1.1B1.2B
Total Current Assets1.0B1.0B996M559M676.9M756.8M
Accumulated Other Comprehensive Income(58.3M)(34.7M)(45.4M)(55.8M)(52.5M)(55.1M)
Short Term Debt30.7M207.9M27.3M27.2M30.1M42.5M
Intangible Assets12.6M10.5M8.1M9.9M10.3M9.8M
Other Liab55.7M47M26.2M21.5M19.4M18.4M
Other Assets157.6M167.4M175.5M335.5M1.00.95
Treasury Stock(333.3M)(327.8M)(341.5M)(449.5M)(404.6M)(424.8M)
Property Plant Equipment576.9M635.5M517M521.4M599.6M446.8M
Current Deferred Revenue116.5M99.1M172.8M169.1M161.1M169.2M
Good Will124.9M126.3M125.3M132.7M132.8M134.4M
Net Tangible Assets1.1B1.0B1.0B973.4M1.1B1.0B
Noncontrolling Interest In Consolidated Entity1.3M1.4M1.5M1.6M1.8M1.9M
Retained Earnings Total Equity948M916.4M976.5M1.0B1.2B1.0B

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When determining whether Scholastic is a strong investment it is important to analyze Scholastic's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Scholastic's future performance. For an informed investment choice regarding Scholastic Stock, refer to the following important reports:
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.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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.