Grand Short Term Investments vs Net Working Capital Analysis
LOPE Stock | USD 130.02 2.21 1.67% |
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 Short Term Investments and its Net Working Capital 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.
Short Term Investments vs Net Working Capital
Short Term Investments vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grand Canyon Education Short Term Investments account and Net Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Grand Canyon's Short Term Investments and Net Working Capital is -0.41. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Net Working Capital 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 Short Term Investments and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Grand Canyon Education are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Short Term Investments i.e., Grand Canyon's Short Term Investments and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.41 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Short Term Investments
Short Term Investments is an item under the current assets section of Grand Canyon balance sheet. It contains any investments Grand Canyon Education undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Grand Canyon Education can easily liquidate in the marketplace.Net Working Capital
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
Click cells to compare fundamentals
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 |
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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.