Addus Net Invested Capital from 2010 to 2024

ADUS Stock  USD 103.34  0.40  0.39%   
Addus HomeCare Net Invested Capital yearly trend continues to be comparatively stable with very little volatility. Net Invested Capital will likely drop to about 552.8 M in 2024. Net Invested Capital is the total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents. View All Fundamentals
 
Net Invested Capital  
First Reported
2010-12-31
Previous Quarter
830.8 M
Current Value
552.8 M
Quarterly Volatility
241.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Addus HomeCare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Addus main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.1 M, Interest Expense of 11.7 M or Selling General Administrative of 246.5 M, as well as many exotic indicators such as Short Term Coverage Ratios of 9.4, Price Earnings Ratio of 19.83 or Price To Sales Ratio of 0.77. Addus financial statements analysis is a perfect complement when working with Addus HomeCare Valuation or Volatility modules.
  
This module can also supplement Addus HomeCare's financial leverage analysis and stock options assessment as well as various Addus HomeCare Technical models . Check out the analysis of Addus HomeCare Correlation against competitors.
For more information on how to buy Addus Stock please use our How to Invest in Addus HomeCare guide.

Latest Addus HomeCare's Net Invested Capital Growth Pattern

Below is the plot of the Net Invested Capital of Addus HomeCare over the last few years. It is the total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents. Addus HomeCare's Net Invested Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Addus HomeCare's overall financial position and show how it may be relating to other accounts over time.
Net Invested Capital10 Years Trend
Slightly volatile
   Net Invested Capital   
       Timeline  

Addus Net Invested Capital Regression Statistics

Arithmetic Mean373,120,202
Geometric Mean313,301,554
Coefficient Of Variation64.84
Mean Deviation208,306,802
Median218,039,000
Standard Deviation241,915,841
Sample Variance58523.3T
Range699.1M
R-Value0.67
Mean Square Error35035.3T
R-Squared0.44
Significance0.01
Slope36,048,904
Total Sum of Squares819325.8T

Addus Net Invested Capital History

2024552.8 M
2023830.8 M
2022131.8 M
2021795.3 M
2020713.5 M
2019535.5 M
2018292.8 M

About Addus HomeCare Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Addus HomeCare income statement, its balance sheet, and the statement of cash flows. Addus HomeCare investors use historical funamental indicators, such as Addus HomeCare's Net Invested Capital, to determine how well the company is positioned to perform in the future. Although Addus HomeCare investors may use each financial statement separately, they are all related. The changes in Addus HomeCare's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Addus HomeCare'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 Addus HomeCare Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Addus HomeCare. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Net Invested Capital830.8 M552.8 M

Pair Trading with Addus HomeCare

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

Moving together with Addus Stock

  0.77COO Cooper Companies Financial Report 6th of June 2024 PairCorr

Moving against Addus Stock

  0.76MBIO Mustang Bio Report 3rd of April 2024 PairCorr
  0.75MMSI Merit Medical Systems Financial Report 24th of April 2024 PairCorr
  0.73KA Kineta Inc Financial Report 9th of May 2024 PairCorr
  0.68TFX Teleflex Incorporated Financial Report 2nd of May 2024 PairCorr
  0.66MCRB Seres Therapeutics Financial Report 14th of May 2024 PairCorr
The ability to find closely correlated positions to Addus HomeCare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Addus HomeCare 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 Addus HomeCare - 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 Addus HomeCare to buy it.
The correlation of Addus HomeCare 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 Addus HomeCare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Addus HomeCare 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 Addus HomeCare 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 Addus HomeCare is a strong investment it is important to analyze Addus HomeCare's 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 Addus HomeCare's future performance. For an informed investment choice regarding Addus Stock, refer to the following important reports:
Check out the analysis of Addus HomeCare Correlation against competitors.
For more information on how to buy Addus Stock please use our How to Invest in Addus HomeCare guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for Addus Stock analysis

When running Addus HomeCare's price analysis, check to measure Addus HomeCare'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 Addus HomeCare is operating at the current time. Most of Addus HomeCare's value examination focuses on studying past and present price action to predict the probability of Addus HomeCare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Addus HomeCare's price. Additionally, you may evaluate how the addition of Addus HomeCare to your portfolios can decrease your overall portfolio volatility.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Equity Valuation
Check real value of public entities based on technical and fundamental data
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Is Addus HomeCare'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 Addus HomeCare. If investors know Addus 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 Addus HomeCare 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
0.334
Earnings Share
3.83
Revenue Per Share
66.182
Quarterly Revenue Growth
0.119
Return On Assets
0.0618
The market value of Addus HomeCare is measured differently than its book value, which is the value of Addus that is recorded on the company's balance sheet. Investors also form their own opinion of Addus HomeCare's value that differs from its market value or its book value, called intrinsic value, which is Addus HomeCare'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 Addus HomeCare's market value can be influenced by many factors that don't directly affect Addus HomeCare'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 Addus HomeCare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Addus HomeCare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Addus HomeCare'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.