Grand Good Will vs Non Current Liabilities Total 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 Good Will and its Non Current Liabilities Total 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.
Good Will vs Non Current Liabilities Total
Good Will vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grand Canyon Education Good Will account and Non Current Liabilities Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Grand Canyon's Good Will and Non Current Liabilities Total is 0.53. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Non Current Liabilities Total 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 Good Will and Non Current Liabilities 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 Good Will of Grand Canyon Education are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Good Will i.e., Grand Canyon's Good Will and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.53 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Non Current Liabilities Total
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 Profit | 515.3M | 487.5M | 495.3M | 367.0M | Total Revenue | 896.6M | 911.3M | 960.9M | 643.9M |
Grand Canyon fundamental ratios Correlations
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Grand Canyon Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Grand Canyon fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 48.3M | 47.2M | 44.0M | 32.2M | 30.1M | 45.9M | |
Total Assets | 1.7B | 1.8B | 1.2B | 832.7M | 952.0M | 859.9M | |
Short Long Term Debt Total | 169.5M | 171.8M | 61.2M | 77.4M | 99.3M | 82.3M | |
Other Current Liab | 44.1M | 61.6M | 66.2M | 44.9M | 58.1M | 48.5M | |
Total Current Liabilities | 95.2M | 118.7M | 97.9M | 99.7M | 97.0M | 130.6M | |
Total Stockholder Equity | 1.4B | 1.6B | 1.0B | 637.6M | 718.0M | 640.1M | |
Property Plant And Equipment Net | 147.5M | 189.7M | 193.8M | 220.2M | 262.2M | 314.2M | |
Current Deferred Revenue | 5.4M | 20K | 10K | 26.2M | 10.3M | 9.7M | |
Net Debt | 47.2M | (74.0M) | (539.8M) | (43.0M) | (47.2M) | (49.6M) | |
Retained Earnings | 1.3B | 1.6B | 1.9B | 2.0B | 2.2B | 2.4B | |
Accounts Payable | 14.8M | 16.6M | 24.3M | 20.0M | 17.7M | 19.1M | |
Cash | 122.3M | 245.8M | 600.9M | 120.4M | 146.5M | 121.9M | |
Non Current Assets Total | 1.5B | 1.5B | 541.7M | 559.5M | 614.5M | 604.4M | |
Non Currrent Assets Other | 971.6M | 966.8M | 1.9M | (24.5M) | 1.6M | 1.6M | |
Other Assets | 971.6M | 1.0B | 1.9M | 1.7M | 1.9M | 1.8M | |
Long Term Debt | 59.9M | 23.4M | 107.8M | 74.6M | 85.8M | 60.5M | |
Cash And Short Term Investments | 143.9M | 256.6M | 600.9M | 181.7M | 244.5M | 168.4M | |
Net Receivables | 56.1M | 68.5M | 71.3M | 80.2M | 80.1M | 84.1M | |
Common Stock Total Equity | 531K | 533K | 536K | 538K | 618.7K | 509.4K | |
Liabilities And Stockholders Equity | 1.7B | 1.8B | 1.2B | 832.7M | 952.0M | 859.9M | |
Non Current Liabilities Total | 151.6M | 151.5M | 79.8M | 95.4M | 137.0M | 89.2M | |
Other Current Assets | 8.0M | 8.6M | 8.8M | 11.4M | 12.9M | 12.7M | |
Other Stockholder Equity | 101.6M | (20.9M) | (810.5M) | (1.4B) | (1.5B) | (1.5B) | |
Total Liab | 246.9M | 270.3M | 177.7M | 195.1M | 234.0M | 219.8M | |
Property Plant And Equipment Gross | 147.5M | 189.7M | 193.8M | 220.2M | 432.6M | 324.7M | |
Total Current Assets | 208.3M | 333.7M | 681.0M | 273.3M | 337.5M | 255.5M | |
Accumulated Other Comprehensive Income | (453K) | (97.0M) | 0.0 | (533K) | (57K) | (59.9K) | |
Short Term Debt | 36.2M | 40.5M | 7.4M | 8.6M | 11.0M | 13.8M | |
Common Stock | 531K | 533K | 536K | 538K | 540K | 514.1K | |
Property Plant Equipment | 119.7M | 128.7M | 136.1M | 147.5M | 169.6M | 301.6M | |
Inventory | 61.7M | 300K | (10.8M) | 1.0 | 0.9 | 0.86 | |
Short Term Investments | 21.6M | 10.8M | 0.0 | 61.3M | 98.0M | 60.2M | |
Other Liab | 18.3M | 20.3M | 26.0M | 26.6M | 30.6M | 32.2M | |
Treasury Stock | (125.5M) | (169.4M) | (303.4M) | (1.1B) | (996.5M) | (946.7M) | |
Net Tangible Assets | 1.1B | 1.2B | 699.1M | 300.1M | 345.1M | 327.8M | |
Retained Earnings Total Equity | 1.3B | 1.6B | 1.9B | 2.0B | 2.3B | 2.5B | |
Long Term Debt Total | 59.9M | 23.4M | 107.8M | 74.6M | 85.8M | 74.3M | |
Capital Surpluse | 270.9M | 282.5M | 296.7M | 309.3M | 355.7M | 235.9M |
Grand Canyon Investors Sentiment
The influence of Grand Canyon'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 Grand. 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 Grand Canyon's public news can be used to forecast risks associated with an investment in Grand. The trend in average sentiment can be used to explain how an investor holding Grand can time the market purely based on public headlines and social activities around Grand Canyon Education. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Grand Canyon'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 Grand Canyon'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 Grand Canyon's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Grand Canyon.
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 Grand Canyon 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, Grand Canyon's short interest history, or implied volatility extrapolated from Grand Canyon options trading.
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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.