Stride Non Currrent Assets Other vs Current Deferred Revenue Analysis

LRN Stock  USD 71.22  0.27  0.38%   
Stride financial indicator trend analysis is much more than just breaking down Stride Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stride Inc is a good investment. Please check the relationship between Stride Non Currrent Assets Other and its Current Deferred Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Stride Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Non Currrent Assets Other vs Current Deferred Revenue

Non Currrent Assets Other vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stride Inc Non Currrent Assets Other account and Current Deferred Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Stride's Non Currrent Assets Other and Current Deferred Revenue is 0.82. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Stride Inc, assuming nothing else is changed. The correlation between historical values of Stride's Non Currrent Assets Other and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Stride Inc are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Non Currrent Assets Other i.e., Stride's Non Currrent Assets Other and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Stride's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stride Inc 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 Stride Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Stride's Tax Provision is very stable compared to the past year. As of the 10th of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.33, while Selling General Administrative is likely to drop about 264.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit596.5M647.1M744.1M781.3M
Total Revenue1.7B1.8B2.1B2.2B

Stride fundamental ratios Correlations

0.560.360.50.540.760.440.460.080.440.730.610.550.40.610.540.030.370.850.330.430.470.560.360.88-0.03
0.560.960.970.980.940.850.940.790.960.730.970.980.930.970.99-0.160.960.550.910.980.630.990.570.74-0.26
0.360.960.960.950.80.870.90.930.950.670.90.960.940.90.95-0.190.990.370.90.990.660.940.570.64-0.29
0.50.970.960.960.870.850.870.80.920.780.960.970.950.960.95-0.210.960.470.840.980.630.950.540.73-0.34
0.540.980.950.960.90.910.870.820.930.760.930.990.960.930.95-0.20.920.470.830.960.690.940.720.74-0.31
0.760.940.80.870.90.730.890.540.880.720.950.90.810.950.93-0.110.80.690.810.850.540.940.530.79-0.2
0.440.850.870.850.910.730.70.840.740.70.740.920.820.740.81-0.120.840.490.650.870.90.770.780.67-0.06
0.460.940.90.870.870.890.70.740.970.530.920.880.820.920.97-0.10.910.50.990.910.470.970.410.61-0.17
0.080.790.930.80.820.540.840.740.80.490.670.820.820.670.79-0.170.90.160.780.890.680.750.590.46-0.21
0.440.960.950.920.930.880.740.970.80.630.940.920.930.940.97-0.220.940.380.960.950.490.970.520.63-0.35
0.730.730.670.780.760.720.70.530.490.630.760.760.740.760.69-0.250.670.560.470.710.670.690.480.84-0.34
0.610.970.90.960.930.950.740.920.670.940.760.930.91.00.97-0.190.910.560.870.930.50.980.440.74-0.33
0.550.980.960.970.990.90.920.880.820.920.760.930.940.930.96-0.180.940.520.840.970.720.950.690.76-0.27
0.40.930.940.950.960.810.820.820.820.930.740.90.940.90.9-0.290.910.290.810.940.580.890.640.63-0.45
0.610.970.90.960.930.950.740.920.670.940.761.00.930.90.97-0.190.910.560.870.930.50.980.440.74-0.33
0.540.990.950.950.950.930.810.970.790.970.690.970.960.90.97-0.150.960.540.940.970.581.00.520.72-0.25
0.03-0.16-0.19-0.21-0.2-0.11-0.12-0.1-0.17-0.22-0.25-0.19-0.18-0.29-0.19-0.15-0.160.37-0.12-0.18-0.12-0.14-0.13-0.040.68
0.370.960.990.960.920.80.840.910.90.940.670.910.940.910.910.96-0.160.420.910.990.630.950.480.64-0.26
0.850.550.370.470.470.690.490.50.160.380.560.560.520.290.560.540.370.420.380.450.540.560.20.740.39
0.330.910.90.840.830.810.650.990.780.960.470.870.840.810.870.94-0.120.910.380.90.410.940.370.53-0.21
0.430.980.990.980.960.850.870.910.890.950.710.930.970.940.930.97-0.180.990.450.90.660.960.560.69-0.28
0.470.630.660.630.690.540.90.470.680.490.670.50.720.580.50.58-0.120.630.540.410.660.550.670.640.16
0.560.990.940.950.940.940.770.970.750.970.690.980.950.890.981.0-0.140.950.560.940.960.550.470.71-0.25
0.360.570.570.540.720.530.780.410.590.520.480.440.690.640.440.52-0.130.480.20.370.560.670.470.51-0.21
0.880.740.640.730.740.790.670.610.460.630.840.740.760.630.740.72-0.040.640.740.530.690.640.710.51-0.21
-0.03-0.26-0.29-0.34-0.31-0.2-0.06-0.17-0.21-0.35-0.34-0.33-0.27-0.45-0.33-0.250.68-0.260.39-0.21-0.280.16-0.25-0.21-0.21
Click cells to compare fundamentals

Stride Account Relationship Matchups

Stride fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding40.7M41.9M42.4M42.7M49.1M33.7M
Total Assets1.1B1.6B1.6B1.8B2.0B2.1B
Short Long Term Debt Total235.2M466.3M565.7M543.8M625.4M656.6M
Other Current Liab74.6M158.0M136.2M134.1M154.2M161.9M
Total Current Liabilities273.4M306.2M302.1M309.1M355.5M373.3M
Total Stockholder Equity675.3M804.6M812.6M947.3M1.1B1.1B
Property Plant And Equipment Net150.4M166.7M147.0M121.8M140.1M147.1M
Current Deferred Revenue24.4M38.1M53.6M76.2M87.6M92.0M
Net Debt22.9M80.2M176.3M133.0M153.0M160.6M
Retained Earnings47.0M112.2M227.5M354.3M407.5M427.9M
Accounts Payable40.4M62.1M62.0M48.9M56.2M30.8M
Cash212.3M386.1M389.4M410.8M472.4M496.0M
Non Current Assets Total572.0M719.8M693.0M695.5M799.8M839.8M
Non Currrent Assets Other71.8M105.5M93.9M105.9M121.7M127.8M
Cash And Short Term Investments212.3M386.1M389.4M410.8M472.4M496.0M
Net Receivables236.1M369.3M418.6M463.7M533.3M559.9M
Liabilities And Stockholders Equity1.1B1.6B1.6B1.8B2.0B2.1B
Non Current Liabilities Total124.5M466.4M528.9M504.2M579.9M608.9M
Inventory28.3M39.7M36.0M36.7M42.2M31.8M
Other Current Assets11.5M43.0M80.6M129.1M148.5M155.9M
Total Liab397.9M772.6M831.0M813.4M935.4M982.1M
Property Plant And Equipment Gross150.4M166.7M147.0M121.8M140.1M71.2M
Total Current Assets501.3M857.5M950.5M1.1B1.2B1.3B
Short Term Debt134.0M48.0M50.2M50.1M57.6M60.5M
Intangible Assets174.8M207.2M211.0M209.0M240.4M120.2M
Other Liab23.3M48.1M13.4M10.5M12.1M18.5M
Other Assets116.5M155.9M114.3M109.9M126.4M65.9M
Property Plant Equipment150.4M166.7M61.5M52.3M60.2M56.2M
Other Stockholder Equity628.3M693.0M585.0M593.0M681.9M552.4M
Accumulated Other Comprehensive Income93K(474K)143K(35K)(40.3K)(42.3K)
Good Will174.9M240.4M241.0M246.7M283.7M297.9M
Net Tangible Assets374.4M407.5M360.5M491.6M565.3M419.1M
Retained Earnings Total Equity47.0M112.2M227.5M354.3M407.5M427.9M
Long Term Debt Total4.6M299.3M411.4M413.0M475.0M498.7M
Capital Surpluse730.8M795.4M687.5M695.5M799.8M739.0M

Stride Investors Sentiment

The influence of Stride'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 Stride. 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 Stride's public news can be used to forecast risks associated with an investment in Stride. The trend in average sentiment can be used to explain how an investor holding Stride can time the market purely based on public headlines and social activities around Stride Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Stride'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 Stride'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 Stride's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Stride.
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 Stride 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, Stride's short interest history, or implied volatility extrapolated from Stride options trading.

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When determining whether Stride Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Stride's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Stride Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Stride Inc Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Stride Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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When running Stride's price analysis, check to measure Stride'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 Stride is operating at the current time. Most of Stride's value examination focuses on studying past and present price action to predict the probability of Stride's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stride's price. Additionally, you may evaluate how the addition of Stride to your portfolios can decrease your overall portfolio volatility.
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Is Stride'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 Stride. If investors know Stride 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 Stride 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
1.083
Earnings Share
4.27
Revenue Per Share
46.759
Quarterly Revenue Growth
0.478
Return On Assets
0.0811
The market value of Stride Inc is measured differently than its book value, which is the value of Stride that is recorded on the company's balance sheet. Investors also form their own opinion of Stride's value that differs from its market value or its book value, called intrinsic value, which is Stride'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 Stride's market value can be influenced by many factors that don't directly affect Stride'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 Stride's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stride is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stride'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.