Grand Retained Earnings vs Total Assets Analysis

LOPE Stock  USD 133.13  0.29  0.22%   
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 Retained Earnings and its Total Assets 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 closely tied with the direction of predictive economic indicators such as signals in american community survey.

Retained Earnings vs Total Assets

Retained Earnings vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grand Canyon Education Retained Earnings account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Grand Canyon's Retained Earnings and Total Assets is 0.53. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Assets 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 Retained Earnings and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Grand Canyon Education are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Retained Earnings i.e., Grand Canyon's Retained Earnings and Total Assets go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Assets

Total assets refers to the total amount of Grand Canyon 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 Grand Canyon Education 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.
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 closely tied 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 Profit515.3M487.5M495.3M367.0M
Total Revenue896.6M911.3M960.9M643.9M

Grand Canyon fundamental ratios Correlations

0.520.340.320.630.460.410.38-0.02-0.060.570.120.490.240.310.20.17-0.08-0.150.550.120.440.40.560.350.31
0.520.710.250.150.990.14-0.14-0.250.530.240.460.960.680.720.350.50.440.460.630.50.010.030.370.140.54
0.340.710.080.120.660.0-0.070.170.320.010.110.770.830.620.740.120.320.450.440.90.00.050.540.010.12
0.320.250.080.230.220.1-0.09-0.420.310.30.440.130.15-0.080.090.40.340.360.520.150.11-0.240.260.130.43
0.630.150.120.230.020.930.90.21-0.240.8-0.180.13-0.19-0.310.26-0.03-0.44-0.390.380.140.950.320.870.90.13
0.460.990.660.220.020.02-0.26-0.30.550.150.490.950.690.770.270.520.490.490.580.43-0.120.00.230.020.53
0.410.140.00.10.930.020.880.19-0.180.77-0.190.12-0.27-0.380.14-0.04-0.46-0.380.260.060.930.240.770.990.1
0.38-0.14-0.07-0.090.9-0.260.880.34-0.510.66-0.36-0.13-0.37-0.460.2-0.21-0.7-0.650.070.010.930.450.720.84-0.07
-0.02-0.250.17-0.420.21-0.30.190.34-0.44-0.11-0.960.00.090.060.01-0.91-0.44-0.4-0.210.120.260.340.230.19-0.86
-0.060.530.320.31-0.240.55-0.18-0.51-0.440.040.530.420.210.20.260.570.930.920.60.37-0.24-0.830.0-0.110.55
0.570.240.010.30.80.150.770.66-0.110.040.120.13-0.23-0.320.260.29-0.18-0.130.550.110.820.040.690.760.43
0.120.460.110.44-0.180.49-0.19-0.36-0.960.530.120.220.150.120.20.960.530.530.340.13-0.26-0.32-0.07-0.180.9
0.490.960.770.130.130.950.12-0.130.00.420.130.220.780.810.310.240.340.380.520.52-0.020.140.360.120.27
0.240.680.830.15-0.190.69-0.27-0.370.090.21-0.230.150.780.820.380.060.280.420.150.64-0.340.210.17-0.28-0.01
0.310.720.62-0.08-0.310.77-0.38-0.460.060.2-0.320.120.810.820.050.060.30.250.190.28-0.470.29-0.11-0.40.03
0.20.350.740.090.260.270.140.20.010.260.260.20.310.380.050.280.220.390.460.890.25-0.150.650.180.28
0.170.50.120.4-0.030.52-0.04-0.21-0.910.570.290.960.240.060.060.280.50.50.480.18-0.07-0.360.06-0.020.98
-0.080.440.320.34-0.440.49-0.46-0.7-0.440.93-0.180.530.340.280.30.220.50.910.530.33-0.49-0.79-0.18-0.40.45
-0.150.460.450.36-0.390.49-0.38-0.65-0.40.92-0.130.530.380.420.250.390.50.910.450.53-0.41-0.78-0.04-0.310.42
0.550.630.440.520.380.580.260.07-0.210.60.550.340.520.150.190.460.480.530.450.440.32-0.350.520.320.6
0.120.50.90.150.140.430.060.010.120.370.110.130.520.640.280.890.180.330.530.440.12-0.170.620.110.16
0.440.010.00.110.95-0.120.930.930.26-0.240.82-0.26-0.02-0.34-0.470.25-0.07-0.49-0.410.320.120.210.810.930.08
0.40.030.05-0.240.320.00.240.450.34-0.830.04-0.320.140.210.29-0.15-0.36-0.79-0.78-0.35-0.170.210.160.15-0.32
0.560.370.540.260.870.230.770.720.230.00.69-0.070.360.17-0.110.650.06-0.18-0.040.520.620.810.160.770.18
0.350.140.010.130.90.020.990.840.19-0.110.76-0.180.12-0.28-0.40.18-0.02-0.4-0.310.320.110.930.150.770.12
0.310.540.120.430.130.530.1-0.07-0.860.550.430.90.27-0.010.030.280.980.450.420.60.160.08-0.320.180.12
Click cells to compare fundamentals

Grand Canyon Account Relationship Matchups

Grand Canyon fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding48.3M47.2M44.0M32.2M30.1M45.9M
Total Assets1.7B1.8B1.2B832.7M952.0M859.9M
Short Long Term Debt Total169.5M171.8M61.2M77.4M99.3M82.3M
Other Current Liab44.1M61.6M66.2M44.9M58.1M48.5M
Total Current Liabilities95.2M118.7M97.9M99.7M97.0M130.6M
Total Stockholder Equity1.4B1.6B1.0B637.6M718.0M640.1M
Property Plant And Equipment Net147.5M189.7M193.8M220.2M262.2M314.2M
Current Deferred Revenue5.4M20K10K26.2M10.3M9.7M
Net Debt47.2M(74.0M)(539.8M)(43.0M)(47.2M)(49.6M)
Retained Earnings1.3B1.6B1.9B2.0B2.2B2.4B
Accounts Payable14.8M16.6M24.3M20.0M17.7M19.1M
Cash122.3M245.8M600.9M120.4M146.5M121.9M
Non Current Assets Total1.5B1.5B541.7M559.5M614.5M604.4M
Non Currrent Assets Other971.6M966.8M1.9M(24.5M)1.6M1.6M
Other Assets971.6M1.0B1.9M1.7M1.9M1.8M
Long Term Debt59.9M23.4M107.8M74.6M85.8M60.5M
Cash And Short Term Investments143.9M256.6M600.9M181.7M244.5M168.4M
Net Receivables56.1M68.5M71.3M80.2M80.1M84.1M
Common Stock Total Equity531K533K536K538K618.7K509.4K
Liabilities And Stockholders Equity1.7B1.8B1.2B832.7M952.0M859.9M
Non Current Liabilities Total151.6M151.5M79.8M95.4M137.0M89.2M
Other Current Assets8.0M8.6M8.8M11.4M12.9M12.7M
Other Stockholder Equity101.6M(20.9M)(810.5M)(1.4B)(1.5B)(1.5B)
Total Liab246.9M270.3M177.7M195.1M234.0M219.8M
Property Plant And Equipment Gross147.5M189.7M193.8M220.2M432.6M324.7M
Total Current Assets208.3M333.7M681.0M273.3M337.5M255.5M
Accumulated Other Comprehensive Income(453K)(97.0M)0.0(533K)(57K)(59.9K)
Short Term Debt36.2M40.5M7.4M8.6M11.0M13.8M
Common Stock531K533K536K538K540K514.1K
Property Plant Equipment119.7M128.7M136.1M147.5M169.6M301.6M
Inventory61.7M300K(10.8M)1.00.90.86
Short Term Investments21.6M10.8M0.061.3M98.0M60.2M
Other Liab18.3M20.3M26.0M26.6M30.6M32.2M
Treasury Stock(125.5M)(169.4M)(303.4M)(1.1B)(996.5M)(946.7M)
Net Tangible Assets1.1B1.2B699.1M300.1M345.1M327.8M
Retained Earnings Total Equity1.3B1.6B1.9B2.0B2.3B2.5B
Long Term Debt Total59.9M23.4M107.8M74.6M85.8M74.3M
Capital Surpluse270.9M282.5M296.7M309.3M355.7M235.9M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Grand Canyon Education is a strong investment it is important to analyze Grand Canyon's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Grand Canyon's future performance. For an informed investment choice regarding Grand Stock, refer to the following important reports:
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 closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Diversified Consumer Services space 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
0.24
Earnings Share
7.38
Revenue Per Share
33.958
Quarterly Revenue Growth
0.08
Return On Assets
0.1812
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.