New Oriental Education Stock Working Capital

EDU Stock

USD 77.08 12.51 13.96%

New Oriental Education fundamentals help investors to digest information that contributes to New Oriental's financial success or failures. It also enables traders to predict the movement of New Stock. The fundamental analysis module provides a way to measure New Oriental's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to New Oriental stock.

	Last Reported	Projected for Next Year
Net Working Capital	2.5 B	2.1 B
Change In Working Capital	618.6 M	649.5 M
Working Capital	-5.8 M	-6 M

Change In Working Capital is likely to gain to about 649.5 M in 2024, whereas Net Working Capital is likely to drop slightly above 2.1 B in 2024.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

New Oriental Education Company Working Capital Analysis

New Oriental's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

Current Assets

-

Current Liabilities

More About Working Capital | All Equity Analysis

Current New Oriental Working Capital

2.16 B

Most of New Oriental's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, New Oriental Education is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

New Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for New Oriental is extremely important. It helps to project a fair market value of New Stock properly, considering its historical fundamentals such as Working Capital. Since New Oriental's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of New Oriental's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of New Oriental's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Total Liab	Total Current Assets	Retained Earnings	Accounts Payable	Long Term Debt	Short Term Investments	Intangible Assets	Common Stock	Property Plant Equipment	Current Deferred Revenue	Net Receivables	Good Will	Short Term Debt	Long Term Investments	Treasury Stock	Net Tangible Assets	Deferred Long Term Liab	Capital Surpluse	Net Invested Capital	Cash And Equivalents	Net Working Capital	Capital Stock
Total Assets		0.98	0.07	0.97	0.99	0.8	0.76	0.28	0.98	0.77	0.64	0.81	0.95	0.85	0.87	0.53	0.82	0.76	0.93	0.67	0.84	0.94	0.84	0.85	0.65
Total Stockholder Equity	0.98		-0.07	0.91	0.99	0.71	0.8	0.17	0.95	0.79	0.7	0.7	0.92	0.84	0.89	0.45	0.87	0.75	0.93	0.69	0.91	0.94	0.87	0.89	0.73
Net Debt	0.07	-0.07		0.23	-0.04	0.22	-0.47	0.64	0.15	-0.38	-0.34	0.6	-0.08	0.1	-0.25	0.63	-0.39	-0.09	0.05	-0.28	-0.18	0.12	-0.27	0.03	-0.34
Total Liab	0.97	0.91	0.23		0.94	0.87	0.66	0.42	0.96	0.69	0.55	0.9	0.94	0.82	0.79	0.61	0.71	0.73	0.88	0.61	0.71	0.89	0.77	0.76	0.51
Total Current Assets	0.99	0.99	-0.04	0.94		0.78	0.78	0.24	0.97	0.78	0.68	0.74	0.95	0.85	0.88	0.47	0.84	0.77	0.93	0.69	0.86	0.93	0.86	0.87	0.68
Retained Earnings	0.8	0.71	0.22	0.87	0.78		0.44	0.55	0.83	0.49	0.55	0.83	0.85	0.64	0.58	0.61	0.49	0.67	0.73	0.63	0.38	0.66	0.61	0.52	0.22
Accounts Payable	0.76	0.8	-0.47	0.66	0.78	0.44		-0.29	0.63	0.97	0.63	0.3	0.8	0.52	0.9	0.09	0.98	0.64	0.67	0.7	0.78	0.66	0.82	0.57	0.82
Long Term Debt	0.28	0.17	0.64	0.42	0.24	0.55	-0.29		0.4	-0.22	0.09	0.64	0.26	0.48	-0.18	0.71	-0.24	0.08	0.24	-0.04	-0.1	0.26	-0.01	0.22	-0.31
Short Term Investments	0.98	0.95	0.15	0.96	0.97	0.83	0.63	0.4		0.64	0.6	0.84	0.92	0.87	0.78	0.58	0.7	0.76	0.93	0.62	0.79	0.93	0.78	0.87	0.55
Intangible Assets	0.77	0.79	-0.38	0.69	0.78	0.49	0.97	-0.22	0.64		0.59	0.37	0.82	0.59	0.93	0.09	0.95	0.56	0.67	0.66	0.76	0.68	0.86	0.57	0.79
Common Stock	0.64	0.7	-0.34	0.55	0.68	0.55	0.63	0.09	0.6	0.59		0.35	0.64	0.46	0.61	0.36	0.65	0.55	0.61	0.62	0.59	0.56	0.62	0.54	0.62
Property Plant Equipment	0.81	0.7	0.6	0.9	0.74	0.83	0.3	0.64	0.84	0.37	0.35		0.71	0.71	0.51	0.77	0.38	0.54	0.77	0.37	0.48	0.78	0.53	0.65	0.25
Current Deferred Revenue	0.95	0.92	-0.08	0.94	0.95	0.85	0.8	0.26	0.92	0.82	0.64	0.71		0.78	0.85	0.44	0.83	0.78	0.84	0.73	0.71	0.82	0.83	0.7	0.58
Net Receivables	0.85	0.84	0.1	0.82	0.85	0.64	0.52	0.48	0.87	0.59	0.46	0.71	0.78		0.65	0.46	0.59	0.47	0.85	0.44	0.76	0.9	0.79	0.88	0.54
Good Will	0.87	0.89	-0.25	0.79	0.88	0.58	0.9	-0.18	0.78	0.93	0.61	0.51	0.85	0.65		0.14	0.94	0.66	0.8	0.69	0.86	0.8	0.89	0.72	0.78
Short Term Debt	0.53	0.45	0.63	0.61	0.47	0.61	0.09	0.71	0.58	0.09	0.36	0.77	0.44	0.46	0.14		0.14	0.35	0.46	0.25	0.25	0.47	0.13	0.38	0.08
Long Term Investments	0.82	0.87	-0.39	0.71	0.84	0.49	0.98	-0.24	0.7	0.95	0.65	0.38	0.83	0.59	0.94	0.14		0.66	0.75	0.77	0.85	0.74	0.85	0.67	0.84
Treasury Stock	0.76	0.75	-0.09	0.73	0.77	0.67	0.64	0.08	0.76	0.56	0.55	0.54	0.78	0.47	0.66	0.35	0.66		0.7	0.48	0.6	0.63	0.61	0.57	0.46
Net Tangible Assets	0.93	0.93	0.05	0.88	0.93	0.73	0.67	0.24	0.93	0.67	0.61	0.77	0.84	0.85	0.8	0.46	0.75	0.7		0.63	0.86	0.97	0.89	0.93	0.68
Deferred Long Term Liab	0.67	0.69	-0.28	0.61	0.69	0.63	0.7	-0.04	0.62	0.66	0.62	0.37	0.73	0.44	0.69	0.25	0.77	0.48	0.63		0.55	0.55	0.63	0.49	0.57
Capital Surpluse	0.84	0.91	-0.18	0.71	0.86	0.38	0.78	-0.1	0.79	0.76	0.59	0.48	0.71	0.76	0.86	0.25	0.85	0.6	0.86	0.55		0.9	0.83	0.92	0.86
Net Invested Capital	0.94	0.94	0.12	0.89	0.93	0.66	0.66	0.26	0.93	0.68	0.56	0.78	0.82	0.9	0.8	0.47	0.74	0.63	0.97	0.55	0.9		0.87	0.96	0.71
Cash And Equivalents	0.84	0.87	-0.27	0.77	0.86	0.61	0.82	-0.01	0.78	0.86	0.62	0.53	0.83	0.79	0.89	0.13	0.85	0.61	0.89	0.63	0.83	0.87		0.82	0.78
Net Working Capital	0.85	0.89	0.03	0.76	0.87	0.52	0.57	0.22	0.87	0.57	0.54	0.65	0.7	0.88	0.72	0.38	0.67	0.57	0.93	0.49	0.92	0.96	0.82		0.71
Capital Stock	0.65	0.73	-0.34	0.51	0.68	0.22	0.82	-0.31	0.55	0.79	0.62	0.25	0.58	0.54	0.78	0.08	0.84	0.46	0.68	0.57	0.86	0.71	0.78	0.71

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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.

Competition

Predict New Oriental

Working Capital Over Time

New Capital Surpluse

Capital Surpluse

2.34 Billion

At this time, New Oriental's Capital Surpluse is comparatively stable compared to the past year.

According to the company's disclosures, New Oriental Education has a Working Capital of 2.16 B. This is 10.83% higher than that of the Diversified Consumer Services sector and significantly higher than that of the Consumer Discretionary industry. The working capital for all United States stocks is 46.32% lower than that of the firm.

New Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses New Oriental's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of New Oriental could also be used in its relative valuation, which is a method of valuing New Oriental by comparing valuation metrics of similar companies.

New Oriental is currently under evaluation in working capital category among related companies.

New Oriental ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, New Oriental's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to New Oriental's managers, analysts, and investors.

Environment Score

Governance Score

Social Score

New Fundamentals

	Return On Equity	0.088
	Return On Asset	0.0324
	Profit Margin	0.09 %
	Operating Margin	0.02 %
	Current Valuation	144.61 B
	Shares Outstanding	165.51 M
	Shares Owned By Insiders	2.04 %
	Shares Owned By Institutions	42.09 %
	Number Of Shares Shorted	4.28 M
	Price To Earning	113.17 X
	Price To Book	3.74 X
	Price To Sales	4.16 X
	Revenue	3 B
	Gross Profit	1.35 B
	EBITDA	190.91 M
	Net Income	235.36 M
	Cash And Equivalents	1.66 B
	Cash Per Share	24.99 X
	Total Debt	458.6 M
	Debt To Equity	0.15 %
	Current Ratio	2.59 X
	Book Value Per Share	23.14 X
	Cash Flow From Operations	971.01 M
	Short Ratio	3.07 X
	Earnings Per Share	1.80 X
	Price To Earnings To Growth	0.86 X
	Target Price	96.45
	Number Of Employees	50.44 K
	Beta	0.48
	Market Capitalization	14.83 B
	Total Asset	6.39 B
	Retained Earnings	1.23 B
	Working Capital	2.16 B
	Current Asset	1.87 B
	Current Liabilities	918.19 M
	Net Asset	6.39 B

About New Oriental Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze New Oriental Education's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New Oriental using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New Oriental Education based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

New Oriental Investors Sentiment

The influence of New Oriental's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in New. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to New Oriental's public news can be used to forecast risks associated with an investment in New. The trend in average sentiment can be used to explain how an investor holding New can time the market purely based on public headlines and social activities around New Oriental Education. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

New Oriental's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for New Oriental's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average New Oriental's news discussions. The higher the estimated score, the more favorable is the investor's outlook on New Oriental.

New Oriental Implied Volatility

140.3

New Oriental's implied volatility exposes the market's sentiment of New Oriental Education stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if New Oriental's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that New Oriental stock will not fluctuate a lot when New Oriental's options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards New Oriental in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, New Oriental's short interest history, or implied volatility extrapolated from New Oriental options trading.

Pair Trading with New Oriental

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if New Oriental position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in New Oriental will appreciate offsetting losses from the drop in the long position's value.

Moving against New Stock

0.69	EEIQ	Elite Education Group	Pair Corr
0.69	BTCTW	BTC Digital Symbol Change	Pair Corr
0.66	IH	IhumanInc	Pair Corr
0.61	VSTA	Vasta PlatformLtd Financial Report 9th of May 2024	Pair Corr
0.61	COE	51Talk Online Education	Pair Corr

The ability to find closely correlated positions to New Oriental could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace New Oriental when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back New Oriental - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling New Oriental Education to buy it.

The correlation of New Oriental is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as New Oriental moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if New Oriental Education moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for New Oriental can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether New Oriental Education is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if New Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about New Oriental Education Stock. Highlighted below are key reports to facilitate an investment decision about New Oriental Education Stock:

How To Invest In New

Details

Is New Stock a good investment?

Details

What is New Oriental's Net Worth?

Details

Largest Diversified Consumer Services Companies

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Largest Education & Training Services Companies

View

Check out New Oriental Piotroski F Score and New Oriental Altman Z Score analysis.

Note that the New Oriental Education information on this page should be used as a complementary analysis to other New Oriental's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for New Stock analysis

When running New Oriental's price analysis, check to measure New Oriental'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 New Oriental is operating at the current time. Most of New Oriental's value examination focuses on studying past and present price action to predict the probability of New Oriental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Oriental's price. Additionally, you may evaluate how the addition of New Oriental to your portfolios can decrease your overall portfolio volatility.

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Is New Oriental's industry 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 New Oriental. If investors know New 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 New Oriental 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

1.577

Earnings Share

1.8

Revenue Per Share

21.628

Quarterly Revenue Growth

0.363

Return On Assets

0.0324

The market value of New Oriental Education is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New Oriental's value that differs from its market value or its book value, called intrinsic value, which is New Oriental'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 New Oriental's market value can be influenced by many factors that don't directly affect New Oriental'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 New Oriental's value and its price as these two are different measures arrived at by different means. Investors typically determine if New Oriental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Oriental'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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New Oriental Education Stock Working Capital

New Oriental Education Company Working Capital Analysis

Working Capital

Current Assets

-

Current Liabilities

Current New Oriental Working Capital

New Working Capital Driver Correlations

New Capital Surpluse

Capital Surpluse

2.34 Billion

New Working Capital Peer Comparison

New Oriental ESG Sustainability

New Fundamentals

About New Oriental Fundamental Analysis

New Oriental Investors Sentiment

New Oriental Implied Volatility

Pair Trading with New Oriental

Moving against New Stock

Complementary Tools for New Stock analysis

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