2U Other Assets vs Property Plant And Equipment Net Analysis

TWOU Stock  USD 0.29  0.02  6.45%   
2U financial indicator trend analysis is way more than just evaluating 2U Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 2U Inc is a good investment. Please check the relationship between 2U Other Assets and its Property Plant And Equipment Net accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 2U Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Other Assets vs Property Plant And Equipment Net

Other Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 2U Inc Other Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between 2U's Other Assets and Property Plant And Equipment Net is 0.88. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of 2U Inc, assuming nothing else is changed. The correlation between historical values of 2U's Other Assets and Property Plant And Equipment Net 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 Assets of 2U Inc are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Other Assets i.e., 2U's Other Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Other Assets

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from 2U's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 2U 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 World Market Map to better understand how to build diversified portfolios, which includes a position in 2U Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, 2U's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.22 in 2024, whereas Selling General Administrative is likely to drop slightly above 91.8 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense51.2M62.2M74.6M78.3M
Depreciation And Amortization132.2M128.2M119M125.0M

2U fundamental ratios Correlations

0.950.680.940.70.130.950.890.66-0.840.80.450.930.930.810.440.810.920.840.940.980.860.870.740.90.92
0.950.580.980.790.110.980.920.65-0.790.930.480.980.970.860.470.760.870.830.980.980.860.830.750.980.87
0.680.580.640.1-0.280.560.790.9-0.930.4-0.140.630.530.43-0.150.950.620.890.570.620.880.880.260.590.62
0.940.980.640.7-0.040.960.940.72-0.820.920.370.990.950.860.360.780.840.870.970.970.90.820.660.970.84
0.70.790.10.70.490.810.580.08-0.340.820.850.680.830.780.840.320.720.370.80.780.430.470.910.710.73
0.130.11-0.28-0.040.490.14-0.12-0.420.130.030.69-0.040.110.110.72-0.070.19-0.20.040.16-0.170.010.57-0.020.2
0.950.980.560.960.810.140.910.61-0.780.90.490.960.990.880.480.740.870.80.990.980.830.830.760.940.87
0.890.920.790.940.58-0.120.910.83-0.930.860.250.930.910.830.240.90.780.950.920.920.970.910.60.910.78
0.660.650.90.720.08-0.420.610.83-0.90.53-0.290.740.570.43-0.290.90.50.950.630.620.930.850.120.720.5
-0.84-0.79-0.93-0.82-0.340.13-0.78-0.93-0.9-0.63-0.08-0.81-0.75-0.67-0.07-0.98-0.75-0.97-0.77-0.82-0.97-0.94-0.47-0.76-0.74
0.80.930.40.920.820.030.90.860.53-0.630.510.910.930.860.490.60.70.720.930.870.760.660.720.930.72
0.450.48-0.140.370.850.690.490.25-0.29-0.080.510.310.540.61.00.070.560.040.450.520.090.130.910.330.58
0.930.980.630.990.68-0.040.960.930.74-0.810.910.310.940.80.30.770.810.870.970.950.90.840.610.990.81
0.930.970.530.950.830.110.990.910.57-0.750.930.540.940.930.530.70.850.770.990.970.810.780.790.920.85
0.810.860.430.860.780.110.880.830.43-0.670.860.60.80.930.580.60.750.640.870.890.690.620.790.770.75
0.440.47-0.150.360.840.720.480.24-0.29-0.070.491.00.30.530.580.060.550.030.440.510.080.130.910.320.57
0.810.760.950.780.32-0.070.740.90.9-0.980.60.070.770.70.60.060.710.960.720.780.960.950.460.740.71
0.920.870.620.840.720.190.870.780.5-0.750.70.560.810.850.750.550.710.710.850.910.740.780.780.791.0
0.840.830.890.870.37-0.20.80.950.95-0.970.720.040.870.770.640.030.960.710.810.821.00.940.430.850.71
0.940.980.570.970.80.040.990.920.63-0.770.930.450.970.990.870.440.720.850.810.970.840.820.720.960.86
0.980.980.620.970.780.160.980.920.62-0.820.870.520.950.970.890.510.780.910.820.970.850.840.790.930.91
0.860.860.880.90.43-0.170.830.970.93-0.970.760.090.90.810.690.080.960.741.00.840.850.940.480.880.74
0.870.830.880.820.470.010.830.910.85-0.940.660.130.840.780.620.130.950.780.940.820.840.940.520.820.78
0.740.750.260.660.910.570.760.60.12-0.470.720.910.610.790.790.910.460.780.430.720.790.480.520.620.8
0.90.980.590.970.71-0.020.940.910.72-0.760.930.330.990.920.770.320.740.790.850.960.930.880.820.620.79
0.920.870.620.840.730.20.870.780.5-0.740.720.580.810.850.750.570.711.00.710.860.910.740.780.80.79
Click cells to compare fundamentals

2U Account Relationship Matchups

2U fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding61.4M67.1M74.6M77.3M80.9M58.2M
Total Assets1.2B1.5B2.1B1.8B1.5B923.0M
Other Current Liab34.4M21.2M62.6M64.9M116.7M122.6M
Total Current Liabilities156.0M237.4M333.5M279.0M259.3M139.4M
Total Stockholder Equity711.3M941.0M829.2M501.5M219.0M208.1M
Other Liab6.0M9.5M2.4M2.1M2.4M2.3M
Property Plant And Equipment Net101.0M113.5M125.5M118.2M104.2M64.6M
Current Deferred Revenue48.8M75.5M90.5M90.2M81.9M86.0M
Net Debt150.3M(134.2M)725.0M874.7M921.6M967.6M
Retained Earnings(479.4M)(695.9M)(890.6M)(1.2B)(1.5B)(1.4B)
Accounts Payable65.4M130.7M166.5M110.0M45.5M53.8M
Cash170.6M500.6M232.9M167.5M73.4M69.7M
Non Current Assets Total925.9M939.4M1.7B1.5B1.2B638.0M
Non Currrent Assets Other73.4M97.3M89.6M86.0M68.8M46.2M
Other Assets60.3M158.0M89.6M76.7M88.2M50.0M
Cash And Short Term Investments170.6M500.6M232.9M167.5M73.4M69.7M
Net Receivables33.7M46.7M96.7M96.6M144.2M151.4M
Common Stock Total Equity63K72K76K78K89.7K54.9K
Liabilities And Stockholders Equity1.2B1.5B2.1B1.8B1.5B923.0M
Non Current Liabilities Total319.6M365.9M946.3M1.0B993.0M1.0B
Other Current Assets37.4M39.4M47.2M43.1M33.8M22.6M
Other Stockholder Equity1.2B1.6B1.7B1.7B1.7B981.9M
Total Liab475.6M603.3M1.3B1.3B1.3B1.3B
Property Plant And Equipment Gross101.0M52.7M125.5M118.2M151.7M159.3M
Total Current Assets260.9M604.9M393.9M322.3M251.5M285.0M
Accumulated Other Comprehensive Income(6.8M)(9.8M)(15.9M)(19.4M)(25.1M)(26.4M)
Intangible Assets333.1M312.8M675.5M549.8M371.2M233.6M
Common Stock63K72K76K78K83K57.9K
Property Plant Equipment57.6M52.7M125.5M45.9M52.7M42.4M
Net Tangible Assets(40.2M)212.4M(670.9M)(782.9M)(704.6M)(669.3M)
Long Term Debt246.6M273.2M845.3M928.6M896.5M941.3M
Good Will418.4M415.8M824.5M734.6M651.5M349.7M
Retained Earnings Total Equity(479.4M)(695.9M)(890.6M)(1.2B)(1.1B)(1.0B)
Capital Surpluse1.2B1.6B1.7B1.7B2.0B1.1B
Deferred Long Term Liab5.1M2.8M1.7M282K324.3K308.1K
Non Current Liabilities Other67.9M89.9M636K1.8M1.2M1.1M
Short Term Debt7.3M10.0M14.0M13.9M15.2M12.6M
Short Long Term Debt Total320.9M366.4M958.0M1.0B995.0M585.9M

Pair Trading with 2U

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if 2U position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in 2U will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to 2U could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 2U when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back 2U - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling 2U Inc to buy it.
The correlation of 2U is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as 2U moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 2U Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for 2U can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for 2U Stock Analysis

When running 2U's price analysis, check to measure 2U'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 2U is operating at the current time. Most of 2U's value examination focuses on studying past and present price action to predict the probability of 2U's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 2U's price. Additionally, you may evaluate how the addition of 2U to your portfolios can decrease your overall portfolio volatility.