Adams Income Quality vs Payables Turnover Analysis
AE Stock | USD 28.20 0.30 1.08% |
Adams Resources financial indicator trend analysis is way more than just evaluating Adams Resources Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Adams Resources Energy is a good investment. Please check the relationship between Adams Resources Income Quality and its Payables Turnover accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adams Resources Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Income Quality vs Payables Turnover
Income Quality vs Payables Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Adams Resources Energy Income Quality account and Payables Turnover. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Adams Resources' Income Quality and Payables Turnover is 0.16. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Payables Turnover in the same time period over historical financial statements of Adams Resources Energy, assuming nothing else is changed. The correlation between historical values of Adams Resources' Income Quality and Payables Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Adams Resources Energy are associated (or correlated) with its Payables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payables Turnover has no effect on the direction of Income Quality i.e., Adams Resources' Income Quality and Payables Turnover go up and down completely randomly.
Correlation Coefficient | 0.16 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Income Quality
An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.Most indicators from Adams Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Adams Resources Energy 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 Adams Resources Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. At present, Adams Resources' Enterprise Value Multiple is projected to increase slightly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 746K | 1.3M | 3.4M | 3.6M | Depreciation And Amortization | 20.0M | 23.6M | 27.9M | 29.3M |
Adams Resources fundamental ratios Correlations
Click cells to compare fundamentals
Adams Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Adams Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 330.8M | 296.2M | 374.7M | 384.2M | 361.3M | 238.4M | |
Short Long Term Debt Total | 16.1M | 23.7M | 20.5M | 48.6M | 53.6M | 56.3M | |
Other Current Liab | 7.3M | 22.4M | 11.9M | 19.5M | 13.7M | 10.1M | |
Total Current Liabilities | 159.6M | 114.5M | 186.0M | 231.1M | 210.8M | 147.9M | |
Total Stockholder Equity | 151.6M | 149.1M | 160.4M | 93.2M | 92.7M | 75.1M | |
Property Plant And Equipment Net | 78.6M | 102.2M | 95.1M | 114.1M | 110.9M | 116.4M | |
Net Debt | (96.9M) | (15.6M) | (77.4M) | 28.0M | 8.4M | 8.8M | |
Retained Earnings | 138.4M | 135.3M | 143.0M | 73.0M | 70.7M | 62.3M | |
Cash | 113.0M | 39.3M | 97.8M | 20.5M | 45.2M | 35.9M | |
Non Current Assets Total | 83.5M | 108.7M | 101.5M | 134.0M | 128.9M | 135.3M | |
Non Currrent Assets Other | 3.3M | 2.4M | 3.0M | 3.7M | 3.3M | 3.0M | |
Cash And Short Term Investments | 113.0M | 39.3M | 97.8M | 20.5M | 45.2M | 35.9M | |
Net Receivables | 97.1M | 113.1M | 144.2M | 189.0M | 164.3M | 133.2M | |
Common Stock Shares Outstanding | 4.2M | 4.3M | 4.3M | 4.1M | 2.6M | 4.5M | |
Liabilities And Stockholders Equity | 330.8M | 296.2M | 374.7M | 384.2M | 361.3M | 238.4M | |
Non Current Liabilities Total | 19.6M | 32.5M | 28.3M | 59.9M | 57.8M | 60.7M | |
Inventory | 26.4M | 19.3M | 18.9M | 26.9M | 19.8M | 13.1M | |
Other Current Assets | 1.6M | 3.0M | 2.4M | 3.1M | 3.1M | 2.9M | |
Other Stockholder Equity | 12.8M | 13.3M | 16.9M | 20.0M | 21.8M | 20.7M | |
Total Liab | 179.2M | 147.1M | 214.3M | 291.0M | 268.6M | 163.3M | |
Property Plant And Equipment Gross | 78.6M | 102.2M | 95.1M | 114.1M | 237.8M | 249.7M | |
Total Current Assets | 247.3M | 187.5M | 273.2M | 250.1M | 232.5M | 189.0M | |
Short Term Debt | 4.4M | 6.2M | 5.8M | 7.1M | 11.5M | 12.1M | |
Accounts Payable | 147.9M | 86.0M | 168.2M | 204.4M | 183.1M | 151.9M | |
Other Liab | 7.9M | 15.0M | 13.7M | 18.5M | 21.2M | 22.3M | |
Other Assets | 3.3M | 10.4M | 3.0M | 1.3M | 1.4M | 1.4M | |
Property Plant Equipment | 69.0M | 94.1M | 88.0M | 106.4M | 122.4M | 128.5M | |
Net Tangible Assets | 150.0M | 145.0M | 157.1M | 77.0M | 69.3M | 112.4M | |
Retained Earnings Total Equity | 138.4M | 135.3M | 143.0M | 73.0M | 83.9M | 128.7M | |
Capital Surpluse | 12.8M | 13.3M | 16.9M | 20.0M | 23.0M | 14.5M | |
Deferred Long Term Liab | 6.4M | 12.7M | 11.3M | 16.0M | 18.4M | 9.5M | |
Intangible Assets | 1.6M | 4.1M | 3.3M | 9.7M | 8.0M | 8.4M | |
Non Current Liabilities Other | 13.3M | 19.8M | 17.0M | 19.6M | 13.3M | 9.5M |
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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 Adams Resources Energy is a strong investment it is important to analyze Adams Resources' 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 Adams Resources' future performance. For an informed investment choice regarding Adams Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adams Resources Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Adams Resources Energy information on this page should be used as a complementary analysis to other Adams Resources' 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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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When running Adams Resources' price analysis, check to measure Adams Resources' 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 Adams Resources is operating at the current time. Most of Adams Resources' value examination focuses on studying past and present price action to predict the probability of Adams Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adams Resources' price. Additionally, you may evaluate how the addition of Adams Resources to your portfolios can decrease your overall portfolio volatility.
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Is Adams Resources' 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 Adams Resources. If investors know Adams 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 Adams Resources 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 0.763 | Dividend Share 0.96 | Earnings Share 0.68 | Revenue Per Share 1.1 K | Quarterly Revenue Growth 0.017 |
The market value of Adams Resources Energy is measured differently than its book value, which is the value of Adams that is recorded on the company's balance sheet. Investors also form their own opinion of Adams Resources' value that differs from its market value or its book value, called intrinsic value, which is Adams Resources' 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 Adams Resources' market value can be influenced by many factors that don't directly affect Adams Resources' 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 Adams Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Adams Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adams Resources' 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.