Automatic Balance Sheet Analysis From 2010 to 2024

ADP Stock

USD 246.84 0.53 0.22%

Most indicators from Automatic Data's financial ratios are interrelated and interconnected. However, analyzing financial ratios indicators one by one will only give a small insight into Automatic Data Processing current financial condition. On the other hand, looking into the entire matrix of financial 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 Automatic Data Valuation and Automatic Data Correlation analysis.

At this time, Automatic Data's Selling General Administrative is relatively stable compared to the past year. As of 04/24/2024, Sales General And Administrative To Revenue is likely to grow to 0.29, while Enterprise Value Over EBITDA is likely to drop 9.76.

Most indicators from Automatic Data's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Automatic Data Processing 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 Automatic Data Valuation and Automatic Data Correlation analysis.

	2021	2022	2023	2024 (projected)
Gross Profit	6.6B	7.2B	8.3B	8.7B
Total Revenue	16.0B	17.2B	19.8B	20.8B

Gross Profit Total Revenue

Automatic Data fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock Total Equity
Total Assets		0.82	0.99	1.0	0.19	0.71	0.64	0.95	0.21	0.85	0.8	0.23	0.95	0.42	-0.91	0.89	0.79	0.14	-0.93	1.0	0.77	1.0	0.51	0.84	0.15	0.55
Short Long Term Debt Total	0.82		0.79	0.82	-0.09	0.69	0.8	0.83	0.26	0.74	0.84	0.28	0.88	0.13	-0.77	0.92	0.87	-0.21	-0.83	0.84	0.7	0.81	0.63	0.8	-0.26	0.55
Other Current Liab	0.99	0.79		0.99	0.11	0.68	0.66	0.9	0.16	0.79	0.75	0.18	0.91	0.35	-0.88	0.87	0.79	0.22	-0.92	0.99	0.75	1.0	0.41	0.8	0.13	0.48
Total Current Liabilities	1.0	0.82	0.99		0.11	0.68	0.67	0.94	0.17	0.82	0.79	0.18	0.94	0.37	-0.89	0.88	0.8	0.16	-0.92	1.0	0.76	1.0	0.52	0.82	0.11	0.55
Total Stockholder Equity	0.19	-0.09	0.11	0.11		0.25	-0.42	0.25	0.52	0.39	0.01	0.52	0.16	0.81	-0.26	-0.04	-0.21	0.22	-0.15	0.09	0.15	0.15	-0.03	0.15	0.72	-0.04
Property Plant And Equipment Net	0.71	0.69	0.68	0.68	0.25		0.61	0.74	0.25	0.86	0.67	0.25	0.75	0.48	-0.84	0.74	0.69	-0.13	-0.82	0.69	0.86	0.68	0.36	0.9	-0.1	0.34
Net Debt	0.64	0.8	0.66	0.67	-0.42	0.61		0.63	-0.32	0.6	0.74	-0.31	0.74	-0.12	-0.57	0.8	0.92	-0.19	-0.7	0.69	0.58	0.62	0.46	0.78	-0.61	0.4
Retained Earnings	0.95	0.83	0.9	0.94	0.25	0.74	0.63		0.19	0.91	0.86	0.22	0.98	0.46	-0.93	0.88	0.8	-0.09	-0.93	0.94	0.74	0.92	0.67	0.89	0.12	0.65
Cash	0.21	0.26	0.16	0.17	0.52	0.25	-0.32	0.19		0.21	0.09	1.0	0.13	0.44	-0.34	0.17	-0.1	0.05	-0.21	0.16	0.31	0.23	0.08	0.07	0.49	0.01
Non Current Assets Total	0.85	0.74	0.79	0.82	0.39	0.86	0.6	0.91	0.21		0.78	0.22	0.91	0.65	-0.88	0.79	0.73	-0.02	-0.87	0.82	0.83	0.8	0.59	0.95	0.04	0.53
Non Currrent Assets Other	0.8	0.84	0.75	0.79	0.01	0.67	0.74	0.86	0.09	0.78		0.11	0.87	0.17	-0.8	0.88	0.88	-0.26	-0.84	0.81	0.67	0.77	0.61	0.81	-0.17	0.59
Cash And Short Term Investments	0.23	0.28	0.18	0.18	0.52	0.25	-0.31	0.22	1.0	0.22	0.11		0.16	0.44	-0.35	0.18	-0.09	0.05	-0.22	0.18	0.3	0.24	0.1	0.07	0.49	0.03
Net Receivables	0.95	0.88	0.91	0.94	0.16	0.75	0.74	0.98	0.13	0.91	0.87	0.16		0.4	-0.9	0.9	0.86	-0.06	-0.94	0.95	0.76	0.93	0.66	0.92	-0.01	0.62
Good Will	0.42	0.13	0.35	0.37	0.81	0.48	-0.12	0.46	0.44	0.65	0.17	0.44	0.4		-0.49	0.18	0.08	0.22	-0.39	0.35	0.5	0.38	0.21	0.46	0.54	0.16
Common Stock Shares Outstanding	-0.91	-0.77	-0.88	-0.89	-0.26	-0.84	-0.57	-0.93	-0.34	-0.88	-0.8	-0.35	-0.9	-0.49		-0.88	-0.77	0.04	0.95	-0.89	-0.83	-0.9	-0.47	-0.89	-0.14	-0.53
Non Current Liabilities Total	0.89	0.92	0.87	0.88	-0.04	0.74	0.8	0.88	0.17	0.79	0.88	0.18	0.9	0.18	-0.88		0.91	-0.15	-0.92	0.9	0.78	0.88	0.49	0.87	-0.17	0.52
Inventory	0.79	0.87	0.79	0.8	-0.21	0.69	0.92	0.8	-0.1	0.73	0.88	-0.09	0.86	0.08	-0.77	0.91		-0.2	-0.85	0.82	0.69	0.77	0.46	0.86	-0.34	0.47
Other Current Assets	0.14	-0.21	0.22	0.16	0.22	-0.13	-0.19	-0.09	0.05	-0.02	-0.26	0.05	-0.06	0.22	0.04	-0.15	-0.2		0.04	0.12	0.0	0.18	-0.39	-0.12	0.35	-0.3
Other Stockholder Equity	-0.93	-0.83	-0.92	-0.92	-0.15	-0.82	-0.7	-0.93	-0.21	-0.87	-0.84	-0.22	-0.94	-0.39	0.95	-0.92	-0.85	0.04		-0.93	-0.8	-0.92	-0.47	-0.91	-0.03	-0.4
Total Liab	1.0	0.84	0.99	1.0	0.09	0.69	0.69	0.94	0.16	0.82	0.81	0.18	0.95	0.35	-0.89	0.9	0.82	0.12	-0.93		0.76	0.99	0.52	0.84	0.08	0.56
Property Plant And Equipment Gross	0.77	0.7	0.75	0.76	0.15	0.86	0.58	0.74	0.31	0.83	0.67	0.3	0.76	0.5	-0.83	0.78	0.69	0.0	-0.8	0.76		0.75	0.38	0.84	0.02	0.41
Total Current Assets	1.0	0.81	1.0	1.0	0.15	0.68	0.62	0.92	0.23	0.8	0.77	0.24	0.93	0.38	-0.9	0.88	0.77	0.18	-0.92	0.99	0.75		0.46	0.8	0.17	0.51
Short Term Debt	0.51	0.63	0.41	0.52	-0.03	0.36	0.46	0.67	0.08	0.59	0.61	0.1	0.66	0.21	-0.47	0.49	0.46	-0.39	-0.47	0.52	0.38	0.46		0.54	-0.18	0.77
Intangible Assets	0.84	0.8	0.8	0.82	0.15	0.9	0.78	0.89	0.07	0.95	0.81	0.07	0.92	0.46	-0.89	0.87	0.86	-0.12	-0.91	0.84	0.84	0.8	0.54		-0.18	0.51
Accounts Payable	0.15	-0.26	0.13	0.11	0.72	-0.1	-0.61	0.12	0.49	0.04	-0.17	0.49	-0.01	0.54	-0.14	-0.17	-0.34	0.35	-0.03	0.08	0.02	0.17	-0.18	-0.18		-0.05
Common Stock Total Equity	0.55	0.55	0.48	0.55	-0.04	0.34	0.4	0.65	0.01	0.53	0.59	0.03	0.62	0.16	-0.53	0.52	0.47	-0.3	-0.4	0.56	0.41	0.51	0.77	0.51	-0.05

Click cells to compare fundamentals

Automatic Data Account Relationship Matchups

Automatic Data fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	39.2B	48.8B	63.1B	51.0B	58.6B	61.5B
Other Current Liab	28.8B	37.7B	54.7B	38.6B	44.4B	46.7B
Net Debt	440.5M	753M	2.1B	1.3B	1.1B	1.2B
Retained Earnings	18.4B	19.5B	20.7B	22.1B	25.4B	26.7B
Cash	1.9B	2.6B	1.4B	2.1B	2.4B	1.4B
Net Receivables	2.4B	2.7B	3.2B	3.0B	3.5B	3.6B
Good Will	2.3B	2.3B	2.3B	2.3B	2.7B	1.9B
Inventory	26.7B	34.9B	49.6B	36.3B	41.8B	43.9B
Other Current Assets	506.2M	533.4M	50.2B	743.9M	855.5M	812.7M
Total Liab	33.4B	43.1B	59.8B	47.5B	54.6B	57.3B
Total Current Assets	31.6B	40.7B	54.8B	42.2B	48.5B	50.9B
Short Term Debt	1.0B	23.5M	136.4M	3.8B	4.4B	4.6B
Intangible Assets	1.2B	1.2B	1.3B	1.3B	1.5B	1.1B
Accounts Payable	102M	141.1M	110.2M	96.8M	111.3M	138.1M
Other Liab	1.9B	1.7B	1.3B	1.4B	1.2B	1.2B
Other Assets	2.9B	3.3B	3.5B	4.0B	3.6B	5.1B
Long Term Debt	1.0B	3.0B	3.0B	3.0B	3.4B	3.6B
Treasury Stock	(14.1B)	(15.4B)	(17.3B)	(18.5B)	(16.6B)	(15.8B)
Net Tangible Assets	2.2B	2.1B	(408.3M)	(173.9M)	(156.5M)	(148.7M)
Capital Surpluse	1.3B	1.5B	1.8B	2.1B	2.4B	2.5B

Pair Trading with Automatic Data

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 Automatic Data 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 Automatic Data will appreciate offsetting losses from the drop in the long position's value.

Moving against Automatic Stock

0.67	EXPO	Exponent Earnings Call Tomorrow	Pair Corr
0.54	VIRC	Virco Manufacturing Report 26th of April 2024	Pair Corr
0.53	FC	Franklin Covey Financial Report 26th of June 2024	Pair Corr

The ability to find closely correlated positions to Automatic Data could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Automatic Data 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 Automatic Data - 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 Automatic Data Processing to buy it.

The correlation of Automatic Data 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 Automatic Data moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Automatic Data Processing 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 Automatic Data 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 Correlation Correlation Matching

When determining whether Automatic Data Processing is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Automatic Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Automatic Data Processing Stock. Highlighted below are key reports to facilitate an investment decision about Automatic Data Processing Stock:

How To Invest In Automatic

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Is Automatic Stock a good investment?

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What is Automatic Data's Net Worth?

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Check out Automatic Data Valuation and Automatic Data Correlation analysis.

Note that the Automatic Data Processing information on this page should be used as a complementary analysis to other Automatic Data'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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

Complementary Tools for Automatic Stock analysis

When running Automatic Data's price analysis, check to measure Automatic Data'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 Automatic Data is operating at the current time. Most of Automatic Data's value examination focuses on studying past and present price action to predict the probability of Automatic Data's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Automatic Data's price. Additionally, you may evaluate how the addition of Automatic Data to your portfolios can decrease your overall portfolio volatility.

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Is Automatic Data'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 Automatic Data. If investors know Automatic 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 Automatic Data 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

0.092

Dividend Share

5.15

Earnings Share

8.6

Revenue Per Share

45.09

Quarterly Revenue Growth

0.063

The market value of Automatic Data Processing is measured differently than its book value, which is the value of Automatic that is recorded on the company's balance sheet. Investors also form their own opinion of Automatic Data's value that differs from its market value or its book value, called intrinsic value, which is Automatic Data'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 Automatic Data's market value can be influenced by many factors that don't directly affect Automatic Data'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 Automatic Data's value and its price as these two are different measures arrived at by different means. Investors typically determine if Automatic Data is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Automatic Data'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.

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Automatic Balance Sheet Analysis From 2010 to 2024

Automatic Data fundamental ratios Correlations

Automatic Data Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Automatic Data fundamental ratios Accounts

Pair Trading with Automatic Data

Moving against Automatic Stock

Complementary Tools for Automatic Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Other Current Liab
Total Liab	+ 1.0	Total Current Liabilities
Total Current Assets	+ 1.0	Total Current Liabilities

Other Stockholder Equity	- 0.94	Net Receivables
Total Liab	- 0.93	Other Stockholder Equity
Other Stockholder Equity	- 0.93	Retained Earnings
Common Stock Shares Outstanding	- 0.93	Retained Earnings
Other Stockholder Equity	- 0.93	Total Assets
Total Current Assets	- 0.92	Other Stockholder Equity