Agree Short Term Debt vs Deferred Long Term Liab Analysis

ADC Stock  USD 57.77  0.28  0.48%   
Agree Realty financial indicator trend analysis is way more than just evaluating Agree Realty prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Agree Realty is a good investment. Please check the relationship between Agree Realty Short Term Debt and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agree Realty. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Agree Stock refer to our How to Trade Agree Stock guide.

Short Term Debt vs Deferred Long Term Liab

Short Term Debt vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Agree Realty Short Term Debt account and Deferred Long Term Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Agree Realty's Short Term Debt and Deferred Long Term Liab is -0.19. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Agree Realty, assuming nothing else is changed. The correlation between historical values of Agree Realty's Short Term Debt and Deferred Long Term 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 Short Term Debt of Agree Realty are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Short Term Debt i.e., Agree Realty's Short Term Debt and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.19
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Debt

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Agree Realty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Agree Realty 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Agree Realty. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Agree Stock refer to our How to Trade Agree Stock guide.At present, Agree Realty's Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 857.5 M, whereas Tax Provision is forecasted to decline to about 1.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit298.3M377.5M297.8M312.7M
Total Revenue363.6M463.2M537.5M564.4M

Agree Realty fundamental ratios Correlations

1.01.00.791.0-0.971.00.190.970.181.00.251.01.01.00.160.860.230.920.980.181.00.990.99-0.220.91
1.01.00.781.0-0.971.00.20.970.191.00.251.01.01.00.170.870.230.920.970.191.00.990.99-0.220.91
1.01.00.791.0-0.971.00.170.980.171.00.241.01.01.00.160.850.230.920.980.171.00.990.99-0.210.91
0.790.780.790.79-0.850.79-0.290.73-0.040.790.170.780.80.780.230.560.060.670.74-0.040.790.80.79-0.050.78
1.01.01.00.79-0.971.00.20.970.171.00.241.01.01.00.160.860.230.920.980.171.00.990.99-0.210.91
-0.97-0.97-0.97-0.85-0.97-0.970.03-0.95-0.04-0.96-0.17-0.96-0.97-0.96-0.14-0.76-0.18-0.87-0.92-0.05-0.97-0.95-0.940.17-0.87
1.01.01.00.791.0-0.970.180.980.171.00.251.01.01.00.160.860.230.920.980.171.00.990.99-0.220.91
0.190.20.17-0.290.20.030.180.180.450.220.260.220.170.230.20.40.260.290.270.450.180.230.25-0.250.17
0.970.970.980.730.97-0.950.980.180.080.960.220.970.980.970.110.770.190.90.960.090.970.950.94-0.180.85
0.180.190.17-0.040.17-0.040.170.450.080.210.530.20.160.20.280.610.260.060.071.00.180.220.24-0.260.42
1.01.01.00.791.0-0.961.00.220.960.210.271.01.01.00.210.880.240.920.970.211.01.01.0-0.230.92
0.250.250.240.170.24-0.170.250.260.220.530.270.260.240.260.140.470.180.240.230.530.250.260.27-0.170.42
1.01.01.00.781.0-0.961.00.220.970.21.00.261.01.00.170.870.230.920.970.21.00.990.99-0.220.91
1.01.01.00.81.0-0.971.00.170.980.161.00.241.01.00.160.850.230.920.980.161.00.990.99-0.210.91
1.01.01.00.781.0-0.961.00.230.970.21.00.261.01.00.170.870.240.920.980.21.00.990.99-0.220.91
0.160.170.160.230.16-0.140.160.20.110.280.210.140.170.160.170.29-0.080.180.140.280.150.230.230.080.22
0.860.870.850.560.86-0.760.860.40.770.610.880.470.870.850.870.290.320.790.810.610.860.880.89-0.310.91
0.230.230.230.060.23-0.180.230.260.190.260.240.180.230.230.24-0.080.320.30.220.270.240.250.26-1.00.24
0.920.920.920.670.92-0.870.920.290.90.060.920.240.920.920.920.180.790.30.950.060.910.920.92-0.280.83
0.980.970.980.740.98-0.920.980.270.960.070.970.230.970.980.980.140.810.220.950.070.970.970.97-0.210.86
0.180.190.17-0.040.17-0.050.170.450.091.00.210.530.20.160.20.280.610.270.060.070.190.230.24-0.260.42
1.01.01.00.791.0-0.971.00.180.970.181.00.251.01.01.00.150.860.240.910.970.190.990.99-0.220.92
0.990.990.990.80.99-0.950.990.230.950.221.00.260.990.990.990.230.880.250.920.970.230.991.0-0.240.93
0.990.990.990.790.99-0.940.990.250.940.241.00.270.990.990.990.230.890.260.920.970.240.991.0-0.250.93
-0.22-0.22-0.21-0.05-0.210.17-0.22-0.25-0.18-0.26-0.23-0.17-0.22-0.21-0.220.08-0.31-1.0-0.28-0.21-0.26-0.22-0.24-0.25-0.22
0.910.910.910.780.91-0.870.910.170.850.420.920.420.910.910.910.220.910.240.830.860.420.920.930.93-0.22
Click cells to compare fundamentals

Agree Realty Account Relationship Matchups

Agree Realty fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7B3.9B5.2B6.7B7.8B8.2B
Short Long Term Debt Total872.3M1.2B1.7B1.9B2.5B2.6B
Total Stockholder Equity1.7B2.5B3.4B4.6B5.2B5.5B
Net Debt856.7M1.2B1.6B1.9B2.5B2.6B
Retained Earnings(57.1M)(91.3M)(147.4M)(228.1M)(346.5M)(329.1M)
Non Current Assets Total2.6B3.8B5.1B6.6B7.7B8.1B
Non Currrent Assets Other2.2B3.4B4.4B17.0M16.1M15.3M
Other Assets357.2M3.8B5.1B5.8B6.7B7.0B
Cash And Short Term Investments15.6M6.1M43.3M27.8M14.5M11.0M
Common Stock Shares Outstanding41.2M52.4M67.1M79.2M95.4M100.2M
Liabilities And Stockholders Equity2.7B3.9B5.2B6.7B7.8B8.2B
Non Current Liabilities Total899.0M1.3B1.7B2.0B2.4B2.6B
Other Stockholder Equity1.8B2.7B3.4B4.7B5.4B5.6B
Total Liab973.0M1.4B1.8B2.1B2.6B2.7B
Total Current Assets72.7M47.0M104.4M94.8M101.1M106.2M
Other Current Liab(64.0M)(57.5M)(143.1M)(1.8B)24.6M25.8M
Total Current Liabilities74.0M105.9M86.9M106.1M126.9M133.3M
Accounts Payable49.0M71.4M70.0M83.7M101.4M106.5M
Cash15.6M6.1M43.3M27.8M14.5M11.4M
Net Receivables26.8M37.8M53.4M65.8M83.0M87.1M
Common Stock Total Equity5K6K7K9K10.4K10.9K
Accumulated Other Comprehensive Income(6.5M)(36.3M)(5.5M)23.6M16.6M17.4M
Common Stock5K6K7K9K10K10.5K
Short Term Debt89M92M160M1.8B963K914.9K
Other Liab21.8M29.5M33.1M49.2M56.6M59.4M
Long Term Debt783.3M1.1B1.5B1.9B2.4B2.5B
Other Current Assets26.6M(45.8M)(98.7M)(94.8M)(97.5M)(92.6M)
Inventory3.8M48.8M106.4M95.9M110.3M115.8M
Intangible Assets343.5M473.6M672.0M799.4M854.1M896.8M
Net Tangible Assets1.3B2.1B3.2B3.7B4.2B4.4B
Noncontrolling Interest In Consolidated Entity2.2M1.8M1.6M1.4M1.3M1.8M
Retained Earnings Total Equity(57.1M)(91.3M)(147.4M)(228.1M)(205.3M)(195.1M)
Long Term Debt Total783.3M1.1B1.5B1.9B2.2B2.3B
Capital Surpluse1.8B2.7B3.4B4.7B5.4B5.6B
Deferred Long Term Liab343.5M473.6M672.0M799.4M919.4M965.3M

Pair Trading with Agree Realty

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 Agree Realty 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 Agree Realty will appreciate offsetting losses from the drop in the long position's value.

Moving against Agree Stock

  0.45AHT-PI Ashford Hospitality TrustPairCorr
  0.43AHT-PF Ashford Hospitality TrustPairCorr
  0.43AHT-PG Ashford Hospitality TrustPairCorr
The ability to find closely correlated positions to Agree Realty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Agree Realty 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 Agree Realty - 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 Agree Realty to buy it.
The correlation of Agree Realty 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 Agree Realty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Agree Realty 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 Agree Realty 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
When determining whether Agree Realty offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Agree Realty'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 Agree Realty Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agree Realty Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agree Realty. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Agree Stock refer to our How to Trade Agree Stock guide.
Note that the Agree Realty information on this page should be used as a complementary analysis to other Agree Realty's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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When running Agree Realty's price analysis, check to measure Agree Realty'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 Agree Realty is operating at the current time. Most of Agree Realty's value examination focuses on studying past and present price action to predict the probability of Agree Realty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Agree Realty's price. Additionally, you may evaluate how the addition of Agree Realty to your portfolios can decrease your overall portfolio volatility.
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Is Agree Realty'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 Agree Realty. If investors know Agree 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 Agree Realty 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
(0.03)
Dividend Share
2.94
Earnings Share
1.69
Revenue Per Share
5.732
Quarterly Revenue Growth
0.18
The market value of Agree Realty is measured differently than its book value, which is the value of Agree that is recorded on the company's balance sheet. Investors also form their own opinion of Agree Realty's value that differs from its market value or its book value, called intrinsic value, which is Agree Realty'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 Agree Realty's market value can be influenced by many factors that don't directly affect Agree Realty'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 Agree Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Agree Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agree Realty'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.