GOTU Stock | | | USD 2.59 0.03 1.15% |
Gaotu Techedu financial indicator trend analysis is much more than just examining Gaotu Techedu DRC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gaotu Techedu DRC is a good investment. Please check the relationship between Gaotu Techedu Total Assets and its Property Plant Equipment accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gaotu Techedu DRC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Total Assets vs Property Plant Equipment
Total Assets vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gaotu Techedu DRC Total Assets account and
Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Gaotu Techedu's Total Assets and Property Plant Equipment is 0.98. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Gaotu Techedu DRC, assuming nothing else is changed. The correlation between historical values of Gaotu Techedu's Total Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Gaotu Techedu DRC are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Assets i.e., Gaotu Techedu's Total Assets and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Gaotu Techedu assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Gaotu Techedu DRC books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Property Plant Equipment
Most indicators from Gaotu Techedu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gaotu Techedu DRC 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gaotu Techedu DRC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Sales General And Administrative To Revenue is likely to gain to 0.15 in 2024, despite the fact that
Tax Provision is likely to grow to (11.7
M).
Gaotu Techedu fundamental ratios Correlations
Click cells to compare fundamentals
Gaotu Techedu Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gaotu Techedu fundamental ratios Accounts
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Additional Tools for Gaotu Stock Analysis
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