New Intangible Assets vs Cash And Short Term Investments Analysis

EDU Stock

USD 57.83 2.80 5.09%

New Oriental financial indicator trend analysis is infinitely more than just investigating New Oriental Education recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether New Oriental Education is a good investment. Please check the relationship between New Oriental Intangible Assets and its Cash And Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in New Oriental 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 small area income & poverty estimates.

Intangible Assets vs Cash And Short Term Investments

Intangible Assets vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of New Oriental Education Intangible Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.

The correlation between New Oriental's Intangible Assets and Cash And Short Term Investments is 0.68. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of New Oriental Education, assuming nothing else is changed. The correlation between historical values of New Oriental's Intangible Assets and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of New Oriental Education are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Intangible Assets i.e., New Oriental's Intangible Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.68

Relationship Direction	Positive
Relationship Strength	Significant

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Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of New Oriental Education balance sheet. This account contains New Oriental investments that will expire within one year. These investments include stocks and bonds that can be liquidated by New Oriental Education fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from New Oriental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into New Oriental 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in New Oriental 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 small area income & poverty estimates.

At this time, New Oriental's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 11.8 B in 2026, whereas Tax Provision is likely to drop slightly above 93.6 M in 2026.

	2023	2024	2025	2026 (projected)
Gross Profit	2.3B	2.7B	3.1B	3.3B
Total Revenue	4.3B	4.9B	5.6B	5.9B

Gross Profit Total Revenue

New Oriental fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Cash	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Retained Earnings	Accounts Payable	Long Term Debt	Short Term Investments	Inventory	Other Current Assets	Preferred Stock Total Equity	Intangible Assets	Common Stock	Property Plant Equipment	Property Plant And Equipment Net	Current Deferred Revenue
Total Assets		0.8	0.98	0.98	0.98	0.05	0.93	0.68	0.99	0.61	0.82	0.86	0.99	0.99	0.92	0.81	0.03	0.98	0.76	0.89	0.54	0.73	0.68	0.91	0.91	0.96
Short Long Term Debt Total	0.8		0.74	0.72	0.76	0.61	0.57	0.39	0.77	0.37	1.0	0.62	0.84	0.75	0.76	0.39	0.45	0.83	0.32	0.53	0.26	0.36	0.41	0.96	0.96	0.65
Other Current Liab	0.98	0.74		0.99	0.95	-0.01	0.95	0.66	0.97	0.59	0.76	0.82	0.98	0.98	0.93	0.86	-0.06	0.94	0.82	0.93	0.59	0.8	0.67	0.89	0.88	0.98
Total Current Liabilities	0.98	0.72	0.99		0.94	-0.03	0.94	0.67	0.96	0.6	0.74	0.79	0.98	0.97	0.94	0.87	-0.07	0.94	0.84	0.92	0.61	0.82	0.68	0.88	0.88	0.99
Total Stockholder Equity	0.98	0.76	0.95	0.94		-0.02	0.94	0.7	0.99	0.66	0.77	0.92	0.95	0.99	0.88	0.79	0.02	0.98	0.73	0.88	0.51	0.67	0.72	0.86	0.86	0.92
Net Debt	0.05	0.61	-0.01	-0.03	-0.02		-0.27	-0.29	0.0	-0.27	0.6	-0.09	0.15	-0.04	0.07	-0.36	0.6	0.12	-0.37	-0.22	-0.21	-0.26	-0.28	0.43	0.43	-0.12
Cash	0.93	0.57	0.95	0.94	0.94	-0.27		0.76	0.94	0.67	0.6	0.83	0.9	0.95	0.87	0.86	-0.13	0.88	0.8	0.89	0.6	0.79	0.73	0.74	0.74	0.95
Other Assets	0.68	0.39	0.66	0.67	0.7	-0.29	0.76		0.67	0.39	0.41	0.75	0.63	0.69	0.52	0.75	-0.32	0.61	0.63	0.65	0.29	0.54	0.43	0.49	0.49	0.66
Cash And Short Term Investments	0.99	0.77	0.97	0.96	0.99	0.0	0.94	0.67		0.64	0.78	0.88	0.97	1.0	0.91	0.79	0.05	0.99	0.74	0.9	0.52	0.68	0.7	0.88	0.88	0.95
Common Stock Shares Outstanding	0.61	0.37	0.59	0.6	0.66	-0.27	0.67	0.39	0.64		0.34	0.55	0.56	0.64	0.62	0.53	0.05	0.6	0.57	0.6	0.65	0.44	0.99	0.45	0.45	0.61
Non Current Liabilities Total	0.82	1.0	0.76	0.74	0.77	0.6	0.6	0.41	0.78	0.34		0.64	0.86	0.76	0.77	0.4	0.43	0.84	0.33	0.55	0.25	0.38	0.39	0.96	0.96	0.67
Other Stockholder Equity	0.86	0.62	0.82	0.79	0.92	-0.09	0.83	0.75	0.88	0.55	0.64		0.79	0.89	0.62	0.74	-0.14	0.87	0.68	0.81	0.41	0.58	0.61	0.7	0.7	0.76
Total Liab	0.99	0.84	0.98	0.98	0.95	0.15	0.9	0.63	0.97	0.56	0.86	0.79		0.97	0.94	0.78	0.07	0.96	0.74	0.87	0.54	0.74	0.63	0.95	0.95	0.95
Total Current Assets	0.99	0.75	0.98	0.97	0.99	-0.04	0.95	0.69	1.0	0.64	0.76	0.89	0.97		0.91	0.82	0.0	0.98	0.77	0.92	0.54	0.72	0.71	0.87	0.87	0.96
Retained Earnings	0.92	0.76	0.93	0.94	0.88	0.07	0.87	0.52	0.91	0.62	0.77	0.62	0.94	0.91		0.71	0.16	0.89	0.67	0.8	0.54	0.68	0.67	0.88	0.87	0.94
Accounts Payable	0.81	0.39	0.86	0.87	0.79	-0.36	0.86	0.75	0.79	0.53	0.4	0.74	0.78	0.82	0.71		-0.45	0.74	0.97	0.94	0.59	0.83	0.62	0.59	0.59	0.89
Long Term Debt	0.03	0.45	-0.06	-0.07	0.02	0.6	-0.13	-0.32	0.05	0.05	0.43	-0.14	0.07	0.0	0.16	-0.45		0.13	-0.49	-0.26	-0.25	-0.43	0.0	0.25	0.25	-0.09
Short Term Investments	0.98	0.83	0.94	0.94	0.98	0.12	0.88	0.61	0.99	0.6	0.84	0.87	0.96	0.98	0.89	0.74	0.13		0.68	0.87	0.46	0.61	0.66	0.9	0.9	0.91
Inventory	0.76	0.32	0.82	0.84	0.73	-0.37	0.8	0.63	0.74	0.57	0.33	0.68	0.74	0.77	0.67	0.97	-0.49	0.68		0.91	0.68	0.87	0.66	0.55	0.55	0.86
Other Current Assets	0.89	0.53	0.93	0.92	0.88	-0.22	0.89	0.65	0.9	0.6	0.55	0.81	0.87	0.92	0.8	0.94	-0.26	0.87	0.91		0.56	0.74	0.67	0.7	0.7	0.92
Preferred Stock Total Equity	0.54	0.26	0.59	0.61	0.51	-0.21	0.6	0.29	0.52	0.65	0.25	0.41	0.54	0.54	0.54	0.59	-0.25	0.46	0.68	0.56		0.76	0.72	0.44	0.44	0.63
Intangible Assets	0.73	0.36	0.8	0.82	0.67	-0.26	0.79	0.54	0.68	0.44	0.38	0.58	0.74	0.72	0.68	0.83	-0.43	0.61	0.87	0.74	0.76		0.55	0.61	0.61	0.83
Common Stock	0.68	0.41	0.67	0.68	0.72	-0.28	0.73	0.43	0.7	0.99	0.39	0.61	0.63	0.71	0.67	0.62	0.0	0.66	0.66	0.67	0.72	0.55		0.51	0.51	0.69
Property Plant Equipment	0.91	0.96	0.89	0.88	0.86	0.43	0.74	0.49	0.88	0.45	0.96	0.7	0.95	0.87	0.88	0.59	0.25	0.9	0.55	0.7	0.44	0.61	0.51		1.0	0.83
Property Plant And Equipment Net	0.91	0.96	0.88	0.88	0.86	0.43	0.74	0.49	0.88	0.45	0.96	0.7	0.95	0.87	0.87	0.59	0.25	0.9	0.55	0.7	0.44	0.61	0.51	1.0		0.83
Current Deferred Revenue	0.96	0.65	0.98	0.99	0.92	-0.12	0.95	0.66	0.95	0.61	0.67	0.76	0.95	0.96	0.94	0.89	-0.09	0.91	0.86	0.92	0.63	0.83	0.69	0.83	0.83

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New Oriental Account Relationship Matchups

New Oriental fundamental ratios Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Total Assets	6.0B	6.4B	7.5B	7.8B	9.0B	9.4B
Short Long Term Debt Total	680.4M	458.6M	662.3M	803.8M	924.3M	790.9M
Other Current Liab	488.0M	550.5M	767.4M	801.1M	921.3M	967.3M
Total Current Liabilities	1.7B	2.3B	3.0B	3.3B	3.8B	4.0B
Total Stockholder Equity	3.7B	3.6B	3.8B	3.7B	4.2B	4.4B
Net Debt	(468.2M)	(1.2B)	(727.0M)	(808.6M)	(727.7M)	(691.4M)
Cash	1.1B	1.7B	1.4B	1.6B	1.9B	1.9B
Other Assets	111.8M	647.3M	326.0M	243.1M	279.6M	293.6M
Cash And Short Term Investments	4.2B	4.0B	4.8B	4.6B	5.3B	5.5B
Common Stock Shares Outstanding	169.6M	168.6M	167.0M	162.0M	186.3M	164.2M
Liabilities And Stockholders Equity	6.0B	6.4B	7.5B	7.8B	9.0B	9.4B
Non Current Liabilities Total	531.0M	326.7M	481.8M	562.0M	646.2M	678.6M
Other Stockholder Equity	2.1B	1.9B	1.9B	1.5B	1.7B	1.8B
Total Liab	2.2B	2.6B	3.5B	3.9B	4.4B	4.7B
Total Current Assets	4.5B	4.4B	5.4B	5.2B	6.0B	6.3B
Retained Earnings	1.1B	1.2B	1.5B	1.8B	2.0B	2.1B
Accounts Payable	22.3M	69.8M	105.7M	80.5M	92.6M	97.2M
Long Term Debt	297.6M	65.4M	14.7M	14.4M	13.0M	12.3M
Short Term Investments	3.0B	2.3B	3.4B	3.0B	3.4B	3.6B
Inventory	27.9M	52.7M	92.8M	80.9M	93.0M	97.7M
Other Current Assets	238.6M	227.8M	491.3M	338.9M	389.8M	409.3M
Intangible Assets	6.4M	28.5M	23.1M	67.9M	78.1M	82.0M
Property Plant Equipment	933.8M	799.3M	1.2B	1.6B	1.8B	1.9B
Property Plant And Equipment Net	933.8M	799.3M	1.2B	1.6B	1.8B	1.9B
Current Deferred Revenue	955.5M	1.4B	1.8B	2.0B	2.3B	2.4B
Non Current Assets Total	1.6B	2.0B	2.1B	2.6B	3.0B	3.2B
Non Currrent Assets Other	91.7M	127.0M	256.1M	102.8M	118.2M	61.8M
Net Receivables	16.4M	136.8M	29.7M	189.9M	218.4M	229.3M
Good Will	70.8M	105.5M	104.0M	43.8M	50.4M	39.6M
Property Plant And Equipment Gross	933.8M	799.3M	1.6B	2.1B	2.5B	2.6B
Accumulated Other Comprehensive Income	576.8M	437.3M	390.0M	422.3M	485.6M	277.0M
Short Term Debt	168.6M	155.8M	199.9M	256.0M	294.4M	169.2M
Long Term Investments	437.9M	862.3M	525.0M	744.1M	855.8M	442.0M

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