Gaotu Reconciled Depreciation vs Tax Provision Analysis

GOTU Stock  USD 6.70  0.18  2.62%   
Gaotu Techedu financial indicator trend analysis is much more than just examining Gaotu Techedu DRC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gaotu Techedu DRC is a good investment. Please check the relationship between Gaotu Techedu Reconciled Depreciation and its Tax Provision accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gaotu Techedu DRC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Reconciled Depreciation vs Tax Provision

Reconciled Depreciation vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gaotu Techedu DRC Reconciled Depreciation account and Tax Provision. At this time, the significance of the direction appears to have very week relationship.
The correlation between Gaotu Techedu's Reconciled Depreciation and Tax Provision is 0.22. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Gaotu Techedu DRC, assuming nothing else is changed. The correlation between historical values of Gaotu Techedu's Reconciled Depreciation and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Gaotu Techedu DRC are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Reconciled Depreciation i.e., Gaotu Techedu's Reconciled Depreciation and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.22
Relationship DirectionPositive 
Relationship StrengthVery Weak

Reconciled Depreciation

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Gaotu Techedu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gaotu Techedu DRC 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gaotu Techedu DRC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
Sales General And Administrative To Revenue is likely to gain to 0.15 in 2024, despite the fact that Tax Provision is likely to grow to (11.7 M).
 2021 2022 2023 2024 (projected)
Interest Income31.5M21.4M64.8M68.1M
Net Interest Income31.5M21.4M64.8M68.1M

Gaotu Techedu fundamental ratios Correlations

0.420.990.990.830.990.980.97-0.07-0.640.720.93-0.040.640.990.330.870.440.980.190.420.890.980.990.550.94
0.420.370.480.80.460.370.31-0.74-0.80.670.43-0.4-0.070.390.240.570.80.33-0.440.990.630.320.480.540.42
0.990.370.980.780.980.960.990.02-0.560.640.940.030.710.980.270.840.350.980.230.370.840.990.980.590.91
0.990.480.980.861.00.980.95-0.17-0.70.790.92-0.120.560.980.390.910.50.970.10.470.930.961.00.540.94
0.830.80.780.860.850.840.71-0.57-0.940.910.75-0.250.240.810.350.850.840.76-0.130.790.950.750.860.520.87
0.990.460.981.00.850.980.95-0.15-0.690.780.93-0.10.560.980.380.920.470.960.120.450.930.961.00.540.95
0.980.370.960.980.840.980.93-0.12-0.680.760.890.00.580.980.310.860.490.960.210.370.910.960.980.460.98
0.970.310.990.950.710.950.930.1-0.480.570.950.070.750.950.240.820.240.960.220.320.780.990.950.630.85
-0.07-0.740.02-0.17-0.57-0.15-0.120.10.79-0.71-0.020.670.61-0.07-0.46-0.38-0.80.020.69-0.71-0.490.09-0.17-0.04-0.2
-0.64-0.8-0.56-0.7-0.94-0.69-0.68-0.480.79-0.96-0.570.380.1-0.62-0.4-0.79-0.9-0.540.36-0.79-0.9-0.51-0.7-0.37-0.74
0.720.670.640.790.910.780.760.57-0.71-0.960.62-0.48-0.040.720.580.860.80.64-0.310.640.950.590.790.290.8
0.930.430.940.920.750.930.890.95-0.02-0.570.620.120.590.870.110.910.280.860.040.460.810.920.920.780.82
-0.04-0.40.03-0.12-0.25-0.10.00.070.670.38-0.480.120.39-0.09-0.91-0.21-0.39-0.030.58-0.3-0.290.09-0.120.23-0.01
0.64-0.070.710.560.240.560.580.750.610.1-0.040.590.390.66-0.080.25-0.140.730.63-0.060.240.760.560.40.49
0.990.390.980.980.810.980.980.95-0.07-0.620.720.87-0.090.660.40.820.460.990.240.370.880.970.980.440.94
0.330.240.270.390.350.380.310.24-0.46-0.40.580.11-0.91-0.080.40.370.350.36-0.320.140.470.220.39-0.230.29
0.870.570.840.910.850.920.860.82-0.38-0.790.860.91-0.210.250.820.370.490.78-0.240.580.940.790.910.640.82
0.440.80.350.50.840.470.490.24-0.8-0.90.80.28-0.39-0.140.460.350.490.39-0.180.770.710.330.50.110.61
0.980.330.980.970.760.960.960.960.02-0.540.640.86-0.030.730.990.360.780.390.310.310.830.990.970.440.92
0.19-0.440.230.1-0.130.120.210.220.690.36-0.310.040.580.630.24-0.32-0.24-0.180.31-0.44-0.110.320.1-0.260.26
0.420.990.370.470.790.450.370.32-0.71-0.790.640.46-0.3-0.060.370.140.580.770.31-0.440.610.320.470.610.41
0.890.630.840.930.950.930.910.78-0.49-0.90.950.81-0.290.240.880.470.940.710.83-0.110.610.80.930.440.92
0.980.320.990.960.750.960.960.990.09-0.510.590.920.090.760.970.220.790.330.990.320.320.80.960.550.91
0.990.480.981.00.861.00.980.95-0.17-0.70.790.92-0.120.560.980.390.910.50.970.10.470.930.960.540.94
0.550.540.590.540.520.540.460.63-0.04-0.370.290.780.230.40.44-0.230.640.110.44-0.260.610.440.550.540.36
0.940.420.910.940.870.950.980.85-0.2-0.740.80.82-0.010.490.940.290.820.610.920.260.410.920.910.940.36
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Gaotu Techedu Account Relationship Matchups

Gaotu Techedu fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.4B10.7B5.0B4.9B5.4B4.7B
Other Current Liab61.4M125.2M84.9M664.0M809.3M849.8M
Total Current Liabilities1.6B4.2B1.8B1.6B2.0B1.8B
Total Stockholder Equity1.6B5.7B2.9B3.1B3.1B2.4B
Other Liab5.7M114.4M107.4M126.9M146.0M153.3M
Net Tangible Assets(493.1M)1.6B5.6B2.9B3.3B2.0B
Property Plant And Equipment Net346.8M1.5B1.0B635.7M723.2M671.7M
Current Deferred Revenue1.3B2.7B987.0M906.9M1.1B1.2B
Net Debt180.2M441.5M(372.9M)(737.4M)(447.9M)(425.5M)
Retained Earnings(272.9M)(1.7B)(4.8B)(4.8B)(4.8B)(4.6B)
Cash74.0M355.2M728.9M819.9M636.1M419.0M
Non Current Assets Total1.6B2.2B1.1B709.7M1.8B1.2B
Non Currrent Assets Other19.4M109.6M25.4M(543.8M)19.3M20.3M
Other Assets34.8M50.1M101.1M25.8M29.7M54.6M
Cash And Short Term Investments1.5B7.7B3.5B3.7B2.9B3.1B
Net Receivables26.6M59.2M50.0M222.4M1.00.95
Common Stock Shares Outstanding209.2M239.6M256.2M264.0M260.6M267.1M
Short Term Investments1.5B7.3B2.8B2.9B2.3B2.7B
Liabilities And Stockholders Equity3.4B10.7B5.0B4.9B5.4B4.7B
Non Current Liabilities Total199.9M758.5M383.5M171.1M333.8M314.2M
Other Current Assets9.4M3.1M3.2M399.9M638.2M670.2M
Other Stockholder Equity1.8B7.5B7.8B7.9B7.9B5.2B
Total Liab1.8B5.0B2.1B1.8B2.3B2.3B
Net Invested Capital1.6B5.7B2.9B3.1B3.1B2.4B
Long Term Investments5.2M1.2B530.7M0.01.0B1.1B
Property Plant And Equipment Gross11.8M1.5B1.2B635.7M901.6M666.5M
Total Current Assets1.8B8.5B3.9B4.2B3.6B3.5B
Accumulated Other Comprehensive Income17.8M(19.5M)(102.7M)(23.7M)17.0M17.9M
Net Working Capital171.7M4.3B2.2B2.6B1.6B1.7B
Common Stock106K113K114K115K116K107.5K
Property Plant Equipment346.8M1.5B1.0B635.7M731.0M651.1M
Inventory8.8M48.1M15.6M22.8M24.6M26.2M
Capital Stock106K113K114K115K116K114.4K
Intangible Assets100K29.0M28.3M27.4M42.8M23.4M
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 Gaotu Techedu 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, Gaotu Techedu's short interest history, or implied volatility extrapolated from Gaotu Techedu options trading.

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When determining whether Gaotu Techedu DRC 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 Gaotu 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 Gaotu Techedu Drc Stock. Highlighted below are key reports to facilitate an investment decision about Gaotu Techedu Drc Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gaotu Techedu DRC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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Is Gaotu Techedu'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 Gaotu Techedu. If investors know Gaotu 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 Gaotu Techedu 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
1.032
Revenue Per Share
11.362
Quarterly Revenue Growth
0.209
Return On Assets
(0.02)
Return On Equity
(0)
The market value of Gaotu Techedu DRC is measured differently than its book value, which is the value of Gaotu that is recorded on the company's balance sheet. Investors also form their own opinion of Gaotu Techedu's value that differs from its market value or its book value, called intrinsic value, which is Gaotu Techedu'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 Gaotu Techedu's market value can be influenced by many factors that don't directly affect Gaotu Techedu'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 Gaotu Techedu's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gaotu Techedu is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gaotu Techedu'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.