Stride Other Liab vs Other Current Liab Analysis

LRN Stock  USD 67.08  0.72  1.08%   
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 Other Liab and its Other Current Liab 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.

Other Liab vs Other Current Liab

Other Liab vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stride Inc Other Liab account and Other Current Liab. At this time, the significance of the direction appears to have very week relationship.
The correlation between Stride's Other Liab and Other Current Liab is 0.28. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Other Current Liab 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 Other Liab and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Stride Inc are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Other Liab i.e., Stride's Other Liab and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Liab

Other Current Liab

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 28th of April 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

0.560.360.580.540.760.440.460.080.440.730.610.550.420.610.540.030.370.850.330.430.470.560.360.88-0.03
0.560.960.90.980.940.850.940.790.960.730.970.980.940.970.99-0.160.960.550.910.980.630.990.570.74-0.26
0.360.960.840.950.80.870.90.930.950.670.90.960.950.90.95-0.190.990.370.90.990.660.940.570.64-0.29
0.580.90.840.860.870.730.830.650.810.680.90.880.790.90.9-0.120.870.60.790.880.540.90.390.78-0.24
0.540.980.950.860.90.910.870.820.930.760.930.990.970.930.95-0.20.920.470.830.960.690.940.720.74-0.31
0.760.940.80.870.90.730.890.540.880.720.950.90.830.950.93-0.110.80.690.810.850.540.940.530.79-0.2
0.440.850.870.730.910.730.70.840.740.70.740.920.850.740.81-0.120.840.490.650.870.90.770.780.67-0.06
0.460.940.90.830.870.890.70.740.970.530.920.880.840.920.97-0.10.910.50.990.910.470.970.410.61-0.17
0.080.790.930.650.820.540.840.740.80.490.670.820.830.670.79-0.170.90.160.780.890.680.750.590.46-0.21
0.440.960.950.810.930.880.740.970.80.630.940.920.940.940.97-0.220.940.380.960.950.490.970.520.63-0.35
0.730.730.670.680.760.720.70.530.490.630.760.760.750.760.69-0.250.670.560.470.710.670.690.480.84-0.34
0.610.970.90.90.930.950.740.920.670.940.760.930.911.00.97-0.190.910.560.870.930.50.980.440.74-0.33
0.550.980.960.880.990.90.920.880.820.920.760.930.960.930.96-0.180.940.520.840.970.720.950.690.76-0.27
0.420.940.950.790.970.830.850.840.830.940.750.910.960.910.92-0.260.930.340.830.960.630.910.640.65-0.39
0.610.970.90.90.930.950.740.920.670.940.761.00.930.910.97-0.190.910.560.870.930.50.980.440.74-0.33
0.540.990.950.90.950.930.810.970.790.970.690.970.960.920.97-0.150.960.540.940.970.581.00.520.72-0.25
0.03-0.16-0.19-0.12-0.2-0.11-0.12-0.1-0.17-0.22-0.25-0.19-0.18-0.26-0.19-0.15-0.160.37-0.12-0.18-0.12-0.14-0.13-0.040.68
0.370.960.990.870.920.80.840.910.90.940.670.910.940.930.910.96-0.160.420.910.990.630.950.480.64-0.26
0.850.550.370.60.470.690.490.50.160.380.560.560.520.340.560.540.370.420.380.450.540.560.20.740.39
0.330.910.90.790.830.810.650.990.780.960.470.870.840.830.870.94-0.120.910.380.90.410.940.370.53-0.21
0.430.980.990.880.960.850.870.910.890.950.710.930.970.960.930.97-0.180.990.450.90.660.960.560.69-0.28
0.470.630.660.540.690.540.90.470.680.490.670.50.720.630.50.58-0.120.630.540.410.660.550.670.640.16
0.560.990.940.90.940.940.770.970.750.970.690.980.950.910.981.0-0.140.950.560.940.960.550.470.71-0.25
0.360.570.570.390.720.530.780.410.590.520.480.440.690.640.440.52-0.130.480.20.370.560.670.470.51-0.21
0.880.740.640.780.740.790.670.610.460.630.840.740.760.650.740.72-0.040.640.740.530.690.640.710.51-0.21
-0.03-0.26-0.29-0.24-0.31-0.2-0.06-0.17-0.21-0.35-0.34-0.33-0.27-0.39-0.33-0.250.68-0.260.39-0.21-0.280.16-0.25-0.21-0.21
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 Equity628.3M693.0M585.0M593.0M681.9M565.2M
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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Complementary Tools for Stride Stock analysis

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.
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
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.