ADTRAN Financial Statements From 2010 to 2023

ADTRAN financial statements provide useful quarterly and yearly information to potential ADTRAN Inc investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on ADTRAN financial statements helps investors assess ADTRAN's valuation, profitability, and current liquidity needs.
We have found one hundred fifteen available fundamental signals for ADTRAN Inc, which can be analyzed and compared to other ratios and to its rivals. Make sure you validate ADTRAN's prevailing fundamentals against the trend between 2010 and 2023 to make sure the company can sustain itself for few more years.
ADTRAN Revenue Per Employee is very stable at the moment as compared to the past year. ADTRAN reported last year Revenue Per Employee of 310,111. As of 31st of May 2023, Average Assets is likely to grow to about 1.3 B, while Net Income Per Employee is likely to drop (632.21) .
  
Check ADTRAN financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ADTRAN main balance sheet or income statement drivers, such as Direct Expenses of 753.4 M, Cost of Revenue of 576.2 M or Gross Profit of 286.5 M, as well as many exotic indicators such as Long Term Debt to Equity of 0.0698, Calculated Tax Rate of 35.23 or PPandE Turnover of 10.01. ADTRAN financial statements analysis is a perfect complement when working with ADTRAN Valuation or Volatility modules. It can also supplement various ADTRAN Technical models . Check out Trending Equities to better understand how to build diversified portfolios.

ADTRAN Revenues

905.57 Million

ADTRAN Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Tax Liabilities76.2 M70.7 M14.6 M
Slightly volatile
Tax Assets73.2 M67.8 M31 M
Slightly volatile
Accumulated Retained Earnings Deficit56.8 M55.3 M746.6 M
Slightly volatile
Trade and Non Trade Receivables336.9 M312.3 M147.6 M
Slightly volatile
Property Plant and Equipment Net103.1 M110.7 M79.7 M
Pretty Stable
Trade and Non Trade Payables256.5 M237.7 M83.5 M
Slightly volatile
Liabilities Non Current122.1 M151.3 M78.6 M
Pretty Stable
Current Liabilities527.1 M488.6 M168.6 M
Slightly volatile
Total Liabilities690.4 M639.9 M250.1 M
Slightly volatile
Investments Non Current33.5 M32.7 M179.5 M
Slightly volatile
Investments Current348.9 K340 K54.9 M
Slightly volatile
Investments33.9 M33 M234.4 M
Slightly volatile
Inventory461.3 M427.5 M153.7 M
Slightly volatile
Goodwill and Intangible Assets844.7 M782.9 M128 M
Slightly volatile
Shareholders Equity USD1.1 B994.5 M593.8 M
Very volatile
Shareholders Equity Attributable to Parent1.1 B994.5 M593.8 M
Very volatile
Deferred Revenue65.2 M60.4 M37.4 M
Pretty Stable
Total Debt USD154.7 M143.3 M46.3 M
Slightly volatile
Debt Non Current23.8 M22.8 M26.7 M
Slightly volatile
Debt Current149.6 M138.6 M40.2 M
Slightly volatile
Total Debt154.7 M143.3 M46.3 M
Slightly volatile
Cash and Equivalents USD102.2 M108.6 M78.2 M
Slightly volatile
Cash and Equivalents102.2 M108.6 M78.2 M
Slightly volatile
Assets Non Current1.1 B1.1 B436.7 M
Slightly volatile
Current Assets701.4 M882.4 M435.2 M
Slightly volatile
Total Assets2.1 B1.9 B889.8 M
Slightly volatile
Accumulated Other Comprehensive Income50.4 M46.7 M4.5 M
Pretty Stable
Accounts Payable256.5 M237.7 M81.3 M
Slightly volatile
Receivables336.9 M312.3 M145.4 M
Slightly volatile
Inventories461.3 M427.5 M150.9 M
Slightly volatile

ADTRAN Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Income Tax Expense(63.7 M)(62.1 M)2.1 M
Slightly volatile
Weighted Average Shares Diluted55.1 M62.3 M54.7 M
Slightly volatile
Weighted Average Shares55 M62.3 M54.4 M
Slightly volatile
Selling General and Administrative Expense188.3 M208.9 M139 M
Slightly volatile
Research and Development Expense166.2 M173.8 M131.4 M
Slightly volatile
Revenues USD905.6 MB649.8 M
Slightly volatile
Revenues905.6 MB649.8 M
Slightly volatile
Operating Income(74.7 M)(72.8 M)6.6 M
Slightly volatile
Operating Expenses364.8 M400.1 M272.6 M
Slightly volatile
Net Income Common Stock USD(2.1 M)(2 M)16.2 M
Slightly volatile
Net Income Common Stock(2.1 M)(2 M)16.2 M
Slightly volatile
Net Income(2.1 M)(2 M)16.2 M
Slightly volatile
Interest Expense3.7 M3.4 M1.4 M
Very volatile
Gross Profit286.5 M327.3 M278.9 M
Slightly volatile
Earning Before Interest and Taxes USD(62.3 M)(60.7 M)19.7 M
Slightly volatile
Earning Before Interest and Taxes EBIT(62.3 M)(60.7 M)19.7 M
Slightly volatile
Cost of Revenue576.2 M698.3 M367.9 M
Slightly volatile
Consolidated Income(9.1 M)(8.9 M)15.2 M
Slightly volatile
Direct Expenses753.4 M698.3 M376.4 M
Slightly volatile

ADTRAN Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Share Based Compensation30.6 M28.3 M11.1 M
Slightly volatile
Effect of Exchange Rate Changes on Cash (13 M)(12.7 M)(2.3 M)
Slightly volatile
Net Cash Flow from Operations(45.4 M)(44.2 M)24.4 M
Slightly volatile
Net Cash Flow Investment Acquisitions and Disposals33.5 M28.9 M36.4 M
Very volatile
Net Cash Flow from Investing60.2 M55.8 M30.8 M
Pretty Stable
Net Cash Flow from Financing57.1 M52.9 M(40.3 M)
Slightly volatile
Issuance Repayment of Debt Securities 90.8 M84.1 M13.1 M
Slightly volatile
Issuance Purchase of Equity Shares7.4 M6.9 M(26.8 M)
Slightly volatile
Net Cash Flow Business Acquisitions and Disposals54.6 M50.6 M12 M
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents69.6 M64.5 M14.7 M
Pretty Stable
Depreciation Amortization and Accretion72.9 M67.6 M23.1 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Tangible Assets Book Value per Share17.3418.61513.4608
Pretty Stable
Sales per Share15.5816.44911.9069
Slightly volatile
Return on Sales(0.0605)(0.059)0.0352
Slightly volatile
Return on Invested Capital(0.13)(0.124)0.0205
Slightly volatile
Return on Average Equity(0.0031)(0.003)0.0227
Slightly volatile
Return on Average Assets(0.0021)(0.002)0.0184
Slightly volatile
Price to Sales Ratio1.261.1421.613
Slightly volatile
Price to Earnings Ratio(643)(626)(62.7905)
Slightly volatile
Price to Book Value1.581.4671.8854
Very volatile
Payout Ratio(9.24)(9.0)(0.6925)
Slightly volatile
Profit Margin(0.0021)(0.002)0.0244
Slightly volatile
Gross Margin0.350.3190.4389
Slightly volatile
Free Cash Flow per Share(1.01)(0.983)0.1982
Slightly volatile
Enterprise Value over EBITDA23321646.709
Slightly volatile
Enterprise Value over EBIT(25.89)(24.0)(13.2068)
Slightly volatile
Earnings per Basic Share USD(0.0308)(0.03)0.2657
Slightly volatile
Earnings per Diluted Share(0.0308)(0.03)0.2614
Slightly volatile
Earnings per Basic Share(0.0308)(0.03)0.2657
Slightly volatile
EBITDA Margin0.00720.0070.0669
Slightly volatile
Dividends per Basic Common Share0.290.270.3485
Slightly volatile
Dividend Yield0.01940.0140.0202
Pretty Stable
Debt to Equity Ratio0.580.6430.3995
Slightly volatile
Current Ratio2.271.8063.2155
Slightly volatile
Book Value per Share14.1415.95210.3642
Pretty Stable
Asset Turnover0.940.8250.8585
Slightly volatile
Total Assets Per Share26.0724.160914.522
Slightly volatile
Cash Flow Per Share(0.58)(0.5678)0.525
Slightly volatile
Return on Investment(10.15)(9.8938)3.5073
Slightly volatile
Operating Margin(7.29)(7.1014)3.8521
Slightly volatile
Calculated Tax Rate35.2341.9936.6655
Slightly volatile
Receivables Turnover5.494.25335.6113
Slightly volatile
Inventory Turnover3.182.46133.2455
Slightly volatile
PPandE Turnover10.0112.32138.4851
Slightly volatile
Cash and Equivalents Turnover12.612.412210.6199
Slightly volatile
Accounts Payable Turnover6.196.029212.5773
Slightly volatile
Accrued Expenses Turnover34.8534.309229.4199
Very volatile
Long Term Debt to Equity0.06980.06340.0618
Slightly volatile
Quick Ratio0.890.86222.388
Slightly volatile
Net Current Assets as percentage of Total Assets32.620.925136.9434
Slightly volatile
Revenue to Assets0.660.5450.8561
Pretty Stable

ADTRAN Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Working Capital359 M393.8 M279.8 M
Very volatile
Tangible Asset Value1.3 B1.2 B761.8 M
Very volatile
Market Capitalization1.2 B1.5 B1.1 B
Pretty Stable
Invested Capital Average467.4 M487.6 M538.6 M
Slightly volatile
Invested Capital585.3 M706.7 M547.3 M
Slightly volatile
Free Cash Flow(62.9 M)(61.3 M)12.4 M
Slightly volatile
Enterprise Value1.2 B1.5 BB
Pretty Stable
Average Equity553 M641.6 M542.1 M
Slightly volatile
Earnings before Tax(65.8 M)(64.1 M)18.3 M
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD7.1 M6.9 M42.5 M
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA7.1 M6.9 M42.5 M
Slightly volatile
Average Assets1.3 B1.2 B796.9 M
Pretty Stable
Revenue Per Employee355 K310.1 K332.9 K
Very volatile
Net Income Per Employee(632)(616)14.9 K
Slightly volatile

ADTRAN Fundamental Market Drivers

Forward Price Earnings17.0648
Cash And Short Term Investments109 M

ADTRAN Upcoming Events

2nd of August 2023
Upcoming Quarterly Report
View
14th of November 2023
Next Financial Report
View
30th of June 2023
Next Fiscal Quarter End
View
20th of February 2024
Next Fiscal Year End
View
31st of March 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About ADTRAN Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include ADTRAN income statement, its balance sheet, and the statement of cash flows. ADTRAN investors use historical funamental indicators, such as ADTRAN's revenue or net income, to determine how well the company is positioned to perform in the future. Although ADTRAN investors may use each financial statement separately, they are all related. The changes in ADTRAN's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ADTRAN's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on ADTRAN Financial Statements. Understanding these patterns can help to make the right decision on long term investment in ADTRAN. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2023
Deferred Revenue60.4 M65.2 M
Cost of Revenue698.3 M576.2 M
RevenuesB905.6 M
Revenue to Assets 0.54  0.66 
Revenue Per Employee310.1 K355 K
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ADTRAN in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ADTRAN's short interest history, or implied volatility extrapolated from ADTRAN options trading.

Pair Trading with ADTRAN

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

Moving together with ADTRAN Stock

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Moving against ADTRAN Stock

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-0.66BBBlackBerry Report 22nd of June 2023 PairCorr
-0.61AAPLApple Inc Sell-off TrendPairCorr
The ability to find closely correlated positions to ADTRAN could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ADTRAN 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 ADTRAN - 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 ADTRAN Inc to buy it.
The correlation of ADTRAN is a statistical measure of how it moves in relation to other equities. 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 ADTRAN moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ADTRAN Inc 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 ADTRAN 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
Check out Trending Equities to better understand how to build diversified portfolios. You can also try Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Other Tools for ADTRAN Stock

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