Grand Common Stock Total Equity vs Non Currrent Assets Other Analysis

LOPE Stock  USD 131.98  2.07  1.59%   
Grand Canyon financial indicator trend analysis is much more than just examining Grand Canyon Education latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grand Canyon Education is a good investment. Please check the relationship between Grand Canyon Common Stock Total Equity and its Non Currrent Assets Other accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Grand Canyon Education. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

Common Stock Total Equity vs Non Currrent Assets Other

Common Stock Total Equity vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grand Canyon Education Common Stock Total Equity account and Non Currrent Assets Other. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Grand Canyon's Common Stock Total Equity and Non Currrent Assets Other is 0.15. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Grand Canyon Education, assuming nothing else is changed. The correlation between historical values of Grand Canyon's Common Stock Total Equity and Non Currrent Assets Other 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 Grand Canyon Education are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Common Stock Total Equity i.e., Grand Canyon's Common Stock Total Equity and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

Common Stock Total Equity

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

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Grand Canyon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Grand Canyon Education 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Grand Canyon Education. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
At present, Grand Canyon's Enterprise Value Multiple is projected to drop slightly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit515.3M487.5M495.3M367.0M
Total Revenue896.6M911.3M960.9M643.9M

Grand Canyon fundamental ratios Correlations

0.520.340.320.630.460.410.38-0.02-0.060.570.120.490.240.310.20.17-0.08-0.150.550.120.440.40.560.350.31
0.520.710.250.150.990.14-0.14-0.250.530.240.460.960.680.720.350.50.440.460.630.50.010.030.370.140.54
0.340.710.080.120.660.0-0.070.170.320.010.110.770.830.620.740.120.320.450.440.90.00.050.540.010.12
0.320.250.080.230.220.1-0.09-0.420.310.30.440.130.15-0.080.090.40.340.360.520.150.11-0.240.260.130.43
0.630.150.120.230.020.930.90.21-0.240.8-0.180.13-0.19-0.310.26-0.03-0.44-0.390.380.140.950.320.870.90.13
0.460.990.660.220.020.02-0.26-0.30.550.150.490.950.690.770.270.520.490.490.580.43-0.120.00.230.020.53
0.410.140.00.10.930.020.880.19-0.180.77-0.190.12-0.27-0.380.14-0.04-0.46-0.380.260.060.930.240.770.990.1
0.38-0.14-0.07-0.090.9-0.260.880.34-0.510.66-0.36-0.13-0.37-0.460.2-0.21-0.7-0.650.070.010.930.450.720.84-0.07
-0.02-0.250.17-0.420.21-0.30.190.34-0.44-0.11-0.960.00.090.060.01-0.91-0.44-0.4-0.210.120.260.340.230.19-0.86
-0.060.530.320.31-0.240.55-0.18-0.51-0.440.040.530.420.210.20.260.570.930.920.60.37-0.24-0.830.0-0.110.55
0.570.240.010.30.80.150.770.66-0.110.040.120.13-0.23-0.320.260.29-0.18-0.130.550.110.820.040.690.760.43
0.120.460.110.44-0.180.49-0.19-0.36-0.960.530.120.220.150.120.20.960.530.530.340.13-0.26-0.32-0.07-0.180.9
0.490.960.770.130.130.950.12-0.130.00.420.130.220.780.810.310.240.340.380.520.52-0.020.140.360.120.27
0.240.680.830.15-0.190.69-0.27-0.370.090.21-0.230.150.780.820.380.060.280.420.150.64-0.340.210.17-0.28-0.01
0.310.720.62-0.08-0.310.77-0.38-0.460.060.2-0.320.120.810.820.050.060.30.250.190.28-0.470.29-0.11-0.40.03
0.20.350.740.090.260.270.140.20.010.260.260.20.310.380.050.280.220.390.460.890.25-0.150.650.180.28
0.170.50.120.4-0.030.52-0.04-0.21-0.910.570.290.960.240.060.060.280.50.50.480.18-0.07-0.360.06-0.020.98
-0.080.440.320.34-0.440.49-0.46-0.7-0.440.93-0.180.530.340.280.30.220.50.910.530.33-0.49-0.79-0.18-0.40.45
-0.150.460.450.36-0.390.49-0.38-0.65-0.40.92-0.130.530.380.420.250.390.50.910.450.53-0.41-0.78-0.04-0.310.42
0.550.630.440.520.380.580.260.07-0.210.60.550.340.520.150.190.460.480.530.450.440.32-0.350.520.320.6
0.120.50.90.150.140.430.060.010.120.370.110.130.520.640.280.890.180.330.530.440.12-0.170.620.110.16
0.440.010.00.110.95-0.120.930.930.26-0.240.82-0.26-0.02-0.34-0.470.25-0.07-0.49-0.410.320.120.210.810.930.08
0.40.030.05-0.240.320.00.240.450.34-0.830.04-0.320.140.210.29-0.15-0.36-0.79-0.78-0.35-0.170.210.160.15-0.32
0.560.370.540.260.870.230.770.720.230.00.69-0.070.360.17-0.110.650.06-0.18-0.040.520.620.810.160.770.18
0.350.140.010.130.90.020.990.840.19-0.110.76-0.180.12-0.28-0.40.18-0.02-0.4-0.310.320.110.930.150.770.12
0.310.540.120.430.130.530.1-0.07-0.860.550.430.90.27-0.010.030.280.980.450.420.60.160.08-0.320.180.12
Click cells to compare fundamentals

Grand Canyon Account Relationship Matchups

Grand Canyon fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding48.3M47.2M44.0M32.2M30.1M45.9M
Total Assets1.7B1.8B1.2B832.7M952.0M859.9M
Short Long Term Debt Total169.5M171.8M61.2M77.4M99.3M82.3M
Other Current Liab44.1M61.6M66.2M44.9M58.1M48.5M
Total Current Liabilities95.2M118.7M97.9M99.7M97.0M130.6M
Total Stockholder Equity1.4B1.6B1.0B637.6M718.0M640.1M
Property Plant And Equipment Net147.5M189.7M193.8M220.2M262.2M314.2M
Current Deferred Revenue5.4M20K10K26.2M10.3M9.7M
Net Debt47.2M(74.0M)(539.8M)(43.0M)(47.2M)(49.6M)
Retained Earnings1.3B1.6B1.9B2.0B2.2B2.4B
Accounts Payable14.8M16.6M24.3M20.0M17.7M19.1M
Cash122.3M245.8M600.9M120.4M146.5M121.9M
Non Current Assets Total1.5B1.5B541.7M559.5M614.5M604.4M
Non Currrent Assets Other971.6M966.8M1.9M(24.5M)1.6M1.6M
Other Assets971.6M1.0B1.9M1.7M1.9M1.8M
Long Term Debt59.9M23.4M107.8M74.6M85.8M60.5M
Cash And Short Term Investments143.9M256.6M600.9M181.7M244.5M168.4M
Net Receivables56.1M68.5M71.3M80.2M80.1M84.1M
Common Stock Total Equity531K533K536K538K618.7K509.4K
Liabilities And Stockholders Equity1.7B1.8B1.2B832.7M952.0M859.9M
Non Current Liabilities Total151.6M151.5M79.8M95.4M137.0M89.2M
Other Current Assets8.0M8.6M8.8M11.4M12.9M12.7M
Other Stockholder Equity101.6M(20.9M)(810.5M)(1.4B)(1.5B)(1.5B)
Total Liab246.9M270.3M177.7M195.1M234.0M219.8M
Property Plant And Equipment Gross147.5M189.7M193.8M220.2M432.6M324.7M
Total Current Assets208.3M333.7M681.0M273.3M337.5M255.5M
Accumulated Other Comprehensive Income(453K)(97.0M)0.0(533K)(57K)(59.9K)
Short Term Debt36.2M40.5M7.4M8.6M11.0M13.8M
Common Stock531K533K536K538K540K514.1K
Property Plant Equipment119.7M128.7M136.1M147.5M169.6M301.6M
Inventory61.7M300K(10.8M)1.00.90.86
Short Term Investments21.6M10.8M0.061.3M98.0M60.2M
Other Liab18.3M20.3M26.0M26.6M30.6M32.2M
Treasury Stock(125.5M)(169.4M)(303.4M)(1.1B)(996.5M)(946.7M)
Net Tangible Assets1.1B1.2B699.1M300.1M345.1M327.8M
Retained Earnings Total Equity1.3B1.6B1.9B2.0B2.3B2.5B
Long Term Debt Total59.9M23.4M107.8M74.6M85.8M74.3M
Capital Surpluse270.9M282.5M296.7M309.3M355.7M235.9M

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When determining whether Grand Canyon Education is a strong investment it is important to analyze Grand Canyon'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 Grand Canyon's future performance. For an informed investment choice regarding Grand Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Grand Canyon Education. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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When running Grand Canyon's price analysis, check to measure Grand Canyon'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 Grand Canyon is operating at the current time. Most of Grand Canyon's value examination focuses on studying past and present price action to predict the probability of Grand Canyon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grand Canyon's price. Additionally, you may evaluate how the addition of Grand Canyon to your portfolios can decrease your overall portfolio volatility.
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Is Grand Canyon'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 Grand Canyon. If investors know Grand 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 Grand Canyon 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
0.176
Earnings Share
6.8
Revenue Per Share
32.04
Quarterly Revenue Growth
0.076
Return On Assets
0.1767
The market value of Grand Canyon Education is measured differently than its book value, which is the value of Grand that is recorded on the company's balance sheet. Investors also form their own opinion of Grand Canyon's value that differs from its market value or its book value, called intrinsic value, which is Grand Canyon'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 Grand Canyon's market value can be influenced by many factors that don't directly affect Grand Canyon'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 Grand Canyon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grand Canyon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grand Canyon'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.