Agree Cash Beginning of Year vs Capital Expenditure Analysis
ADC Stock | USD 56.90 0.34 0.60% |
Trend analysis of Agree Realty balance sheet accounts such as Short Long Term Debt Total of 2.6 B, Total Stockholder Equity of 5.5 B or Property Plant And Equipment Net of 7 B provides information on Agree Realty's total assets, liabilities, and equity, which is the actual value of Agree Realty to its prevalent stockholders. By breaking down trends over time using Agree Realty balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Agree |
About Agree Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Agree Realty at a specified time, usually calculated after every quarter, six months, or one year. Agree Realty Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Agree Realty and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Agree currently owns. An asset can also be divided into two categories, current and non-current.
Agree Realty Balance Sheet Chart
Agree Realty Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Agree Realty uses and utilizes its capital. It also shows what exactly a company owns and owes.
At present, Agree Realty's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 5.5 B, whereas Retained Earnings are projected to grow to (329.1 M). Add Fundamental
Total Assets
Total assets refers to the total amount of Agree Realty assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Agree Realty books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.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 Profit | 298.3M | 377.5M | 297.8M | 312.7M | Total Revenue | 363.6M | 463.2M | 537.5M | 564.4M |
Agree Realty fundamental ratios Correlations
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Agree Realty Account Relationship Matchups
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Agree Realty fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.7B | 3.9B | 5.2B | 6.7B | 7.8B | 8.2B | |
Short Long Term Debt Total | 872.3M | 1.2B | 1.7B | 1.9B | 2.5B | 2.6B | |
Total Stockholder Equity | 1.7B | 2.5B | 3.4B | 4.6B | 5.2B | 5.5B | |
Net Debt | 856.7M | 1.2B | 1.6B | 1.9B | 2.5B | 2.6B | |
Retained Earnings | (57.1M) | (91.3M) | (147.4M) | (228.1M) | (346.5M) | (329.1M) | |
Non Current Assets Total | 2.6B | 3.8B | 5.1B | 6.6B | 7.7B | 8.1B | |
Non Currrent Assets Other | 2.2B | 3.4B | 4.4B | 17.0M | 6.8B | 7.2B | |
Other Assets | 357.2M | 3.8B | 5.1B | 5.8B | 6.7B | 7.0B | |
Cash And Short Term Investments | 15.6M | 6.1M | 43.3M | 27.8M | 14.5M | 11.0M | |
Common Stock Shares Outstanding | 41.2M | 52.4M | 67.1M | 79.2M | 95.4M | 100.2M | |
Liabilities And Stockholders Equity | 2.7B | 3.9B | 5.2B | 6.7B | 7.8B | 8.2B | |
Non Current Liabilities Total | 899.0M | 1.3B | 1.7B | 2.0B | 2.4B | 2.6B | |
Other Stockholder Equity | 1.8B | 2.7B | 3.4B | 4.7B | 5.4B | 5.6B | |
Total Liab | 973.0M | 1.4B | 1.8B | 2.1B | 2.6B | 2.7B | |
Total Current Assets | 72.7M | 47.0M | 104.4M | 94.8M | 101.1M | 106.2M | |
Other Current Liab | (64.0M) | (57.5M) | (143.1M) | (1.8B) | 24.6M | 25.8M | |
Total Current Liabilities | 74.0M | 105.9M | 86.9M | 106.1M | 126.9M | 133.3M | |
Accounts Payable | 49.0M | 71.4M | 70.0M | 83.7M | 101.4M | 106.5M | |
Cash | 15.6M | 6.1M | 43.3M | 27.8M | 14.5M | 11.4M | |
Net Receivables | 26.8M | 37.8M | 53.4M | 65.8M | 83.0M | 87.1M | |
Common Stock Total Equity | 5K | 6K | 7K | 9K | 10.4K | 10.9K | |
Accumulated Other Comprehensive Income | (6.5M) | (36.3M) | (5.5M) | 23.6M | 16.6M | 17.4M | |
Common Stock | 5K | 6K | 7K | 9K | 10K | 10.5K | |
Short Term Debt | 89M | 92M | 160M | 1.8B | 963K | 914.9K | |
Other Liab | 21.8M | 29.5M | 33.1M | 49.2M | 56.6M | 59.4M | |
Long Term Debt | 783.3M | 1.1B | 1.5B | 1.9B | 2.4B | 2.5B | |
Other Current Assets | 26.6M | (45.8M) | (98.7M) | (94.8M) | (97.5M) | (92.6M) | |
Inventory | 3.8M | 48.8M | 106.4M | 95.9M | 110.3M | 115.8M | |
Intangible Assets | 343.5M | 473.6M | 672.0M | 799.4M | 854.1M | 896.8M | |
Net Tangible Assets | 1.3B | 2.1B | 3.2B | 3.7B | 4.2B | 4.4B | |
Noncontrolling Interest In Consolidated Entity | 2.2M | 1.8M | 1.6M | 1.4M | 1.3M | 1.8M | |
Retained Earnings Total Equity | (57.1M) | (91.3M) | (147.4M) | (228.1M) | (205.3M) | (195.1M) | |
Long Term Debt Total | 783.3M | 1.1B | 1.5B | 1.9B | 2.2B | 2.3B | |
Capital Surpluse | 1.8B | 2.7B | 3.4B | 4.7B | 5.4B | 5.6B | |
Deferred Long Term Liab | 343.5M | 473.6M | 672.0M | 799.4M | 919.4M | 965.3M |
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 together with Agree Stock
0.64 | UE | Urban Edge Properties Financial Report 14th of May 2024 | PairCorr |
0.61 | BDN | Brandywine Realty Trust | PairCorr |
Moving against Agree Stock
0.6 | AHT-PI | Ashford Hospitality Trust | PairCorr |
0.57 | AHT-PF | Ashford Hospitality Trust | PairCorr |
0.55 | AHT-PH | Ashford Hospitality Trust | PairCorr |
0.54 | AHT-PG | Ashford Hospitality Trust | PairCorr |
0.53 | AHT-PD | Ashford Hospitality Trust | PairCorr |
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.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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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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 (0.01) | Dividend Share 2.919 | Earnings Share 1.7 | Revenue Per Share 5.646 | Quarterly Revenue Growth 0.237 |
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.