ADEIA Reconciled Depreciation vs Other Operating Expenses Analysis

ADEA Stock  USD 10.14  0.01  0.1%   
ADEIA P financial indicator trend analysis is way more than just evaluating ADEIA P prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ADEIA P is a good investment. Please check the relationship between ADEIA P Reconciled Depreciation and its Other Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ADEIA P. 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.
For information on how to trade ADEIA Stock refer to our How to Trade ADEIA Stock guide.

Reconciled Depreciation vs Other Operating Expenses

Reconciled Depreciation vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ADEIA P Reconciled Depreciation account and Other Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between ADEIA P's Reconciled Depreciation and Other Operating Expenses is 0.78. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of ADEIA P, assuming nothing else is changed. The correlation between historical values of ADEIA P's Reconciled Depreciation and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of ADEIA P are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Reconciled Depreciation i.e., ADEIA P's Reconciled Depreciation and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Reconciled Depreciation

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of ADEIA P. It is also known as ADEIA P overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from ADEIA P's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ADEIA P 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 ADEIA P. 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.
For information on how to trade ADEIA Stock refer to our How to Trade ADEIA Stock guide.At present, ADEIA P's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 129.7 M, whereas Discontinued Operations is projected to grow to (373.6 M).
 2021 2022 2023 2024 (projected)
Gross Profit750.9M324.7M293.5M275.0M
Total Revenue877.7M438.9M388.8M304.9M

ADEIA P fundamental ratios Correlations

0.870.650.950.910.870.740.490.550.340.980.89-0.090.85-0.380.560.890.870.44-0.230.850.140.960.850.290.89
0.870.470.880.70.910.390.70.520.380.760.880.340.640.070.720.960.560.78-0.10.80.060.760.75-0.030.55
0.650.470.450.780.380.59-0.040.560.270.640.47-0.050.56-0.240.290.610.680.29-0.080.670.00.590.560.680.67
0.950.880.450.850.930.670.560.520.30.930.91-0.050.78-0.340.570.860.790.45-0.280.80.060.930.760.150.79
0.910.70.780.850.740.750.160.60.360.910.81-0.140.75-0.420.510.820.880.32-0.180.89-0.010.90.750.590.87
0.870.910.380.930.740.450.630.640.340.820.90.140.66-0.140.610.880.60.54-0.190.76-0.110.80.64-0.050.62
0.740.390.590.670.750.450.070.38-0.090.830.51-0.60.74-0.770.030.440.95-0.1-0.510.550.270.820.590.590.93
0.490.7-0.040.560.160.630.070.260.030.370.450.450.380.290.430.470.120.64-0.280.240.30.370.31-0.610.19
0.550.520.560.520.60.640.380.260.140.510.440.160.34-0.020.260.540.450.37-0.210.47-0.270.520.160.240.43
0.340.380.270.30.360.34-0.090.030.140.290.350.230.230.030.550.480.20.350.790.3-0.290.30.440.160.21
0.980.760.640.930.910.820.830.370.510.290.85-0.280.87-0.550.460.80.930.25-0.260.80.140.980.830.360.95
0.890.880.470.910.810.90.510.450.440.350.850.060.66-0.190.740.930.660.48-0.130.91-0.030.860.820.130.66
-0.090.34-0.05-0.05-0.140.14-0.60.450.160.23-0.280.06-0.360.940.510.26-0.490.770.230.07-0.06-0.24-0.11-0.44-0.48
0.850.640.560.780.750.660.740.380.340.230.870.66-0.36-0.580.190.640.830.24-0.250.660.150.790.720.290.86
-0.380.07-0.24-0.34-0.42-0.14-0.770.29-0.020.03-0.55-0.190.94-0.580.31-0.02-0.720.580.24-0.18-0.07-0.5-0.34-0.51-0.72
0.560.720.290.570.510.610.030.430.260.550.460.740.510.190.310.750.220.60.260.660.040.540.64-0.060.25
0.890.960.610.860.820.880.440.470.540.480.80.930.260.64-0.020.750.640.70.00.91-0.050.80.810.210.61
0.870.560.680.790.880.60.950.120.450.20.930.66-0.490.83-0.720.220.640.07-0.290.690.160.910.740.60.98
0.440.780.290.450.320.54-0.10.640.370.350.250.480.770.240.580.60.70.070.070.510.010.250.36-0.160.03
-0.23-0.1-0.08-0.28-0.18-0.19-0.51-0.28-0.210.79-0.26-0.130.23-0.250.240.260.0-0.290.07-0.18-0.37-0.240.020.01-0.29
0.850.80.670.80.890.760.550.240.470.30.80.910.070.66-0.180.660.910.690.51-0.18-0.020.790.780.420.66
0.140.060.00.06-0.01-0.110.270.3-0.27-0.290.14-0.03-0.060.15-0.070.04-0.050.160.01-0.37-0.020.140.34-0.10.21
0.960.760.590.930.90.80.820.370.520.30.980.86-0.240.79-0.50.540.80.910.25-0.240.790.140.820.360.92
0.850.750.560.760.750.640.590.310.160.440.830.82-0.110.72-0.340.640.810.740.360.020.780.340.820.290.75
0.29-0.030.680.150.59-0.050.59-0.610.240.160.360.13-0.440.29-0.51-0.060.210.6-0.160.010.42-0.10.360.290.51
0.890.550.670.790.870.620.930.190.430.210.950.66-0.480.86-0.720.250.610.980.03-0.290.660.210.920.750.51
Click cells to compare fundamentals

ADEIA P Account Relationship Matchups

ADEIA P fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0B2.7B2.5B1.2B1.1B832.7M
Total Stockholder Equity547.9M1.5B1.3B301.4M356.6M506.3M
Common Stock Shares Outstanding49.1M83.9M104.7M104.3M112.8M58.0M
Liabilities And Stockholders Equity1.0B2.7B2.5B1.2B1.1B832.7M
Other Current Liab36.9M134.8M110.7M31.3M18.6M32.5M
Total Current Liabilities48.1M224.7M189.7M160.7M102.0M63.6M
Property Plant And Equipment Net50.7M143.4M129.5M10.5M16.5M15.6M
Net Debt279.4M735.4M619.0M619.6M541.4M568.4M
Retained Earnings148.3M264.3M187.8M(123.7M)(56.3M)(53.5M)
Accounts Payable4.7M13.0M7.8M8.5M9.6M5.5M
Cash74.6M170.2M201.1M114.6M54.6M51.8M
Non Current Assets Total766.7M2.2B2.0B951.8M899.7M553.9M
Non Currrent Assets Other3.1M153.3M148.0M5.5M4.4M4.1M
Cash And Short Term Investments121.5M257.1M261.7M114.6M83.6M79.4M
Net Receivables146.0M248.4M221.4M132.2M114.6M64.3M
Short Term Investments46.9M86.9M60.5M0.029.0M27.6M
Other Current Assets2.6M40.8M36.5M11.9M640K608K
Other Stockholder Equity399.6M1.2B1.2B425.0M412.8M458.4M
Total Liab502.8M1.3B1.1B909.1M748.9M786.4M
Total Current Assets281.2M546.3M519.5M258.7M205.8M351.9M
Accumulated Other Comprehensive Income(53K)1.3M(752K)(51K)(8K)(8.4K)
Common Stock64K110K113K117K121K115.0K
Current Deferred Revenue720K33.1M35.1M17.1M7.1M7.6M
Inventory11.2M9.8M5.1M7.1M8.1M5.9M
Intangible Assets232.3M1.0B817.9M432.5M347.2M290.2M
Non Current Liabilities Total454.7M1.0B939.8M748.4M646.9M365.9M
Short Long Term Debt Total353.9M905.6M820.1M734.2M595.9M695.0M
Other Liab106.6M163.5M155.8M118.0M135.7M137.4M
Net Tangible Assets(70.1M)(394.5M)(319.4M)(444.7M)(400.3M)(420.3M)
Other Assets98.0M155.7M147.2M195.1M224.4M151.6M
Long Term Debt334.7M795.7M729.4M619.6M519.6M638.2M
Net Invested Capital882.6M2.3B2.1B1.0B942.3M1.1B
Capital Stock64K110K113K117K121K107.6K
Non Current Liabilities Other131K4.6M7.2M122.8M18.1M30.9M
Net Working Capital233.1M321.6M329.7M98.0M103.8M190.6M
Property Plant Equipment50.7M143.4M129.5M4.6M5.2M5.0M

Pair Trading with ADEIA P

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

Moving together with ADEIA Stock

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Moving against ADEIA Stock

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The ability to find closely correlated positions to ADEIA P could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ADEIA P 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 ADEIA P - 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 ADEIA P to buy it.
The correlation of ADEIA P 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 ADEIA P moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ADEIA P 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 ADEIA P 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 ADEIA P offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ADEIA P's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Adeia P Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Adeia P Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ADEIA P. 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.
For information on how to trade ADEIA Stock refer to our How to Trade ADEIA Stock guide.
Note that the ADEIA P information on this page should be used as a complementary analysis to other ADEIA P'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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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When running ADEIA P's price analysis, check to measure ADEIA P'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 ADEIA P is operating at the current time. Most of ADEIA P's value examination focuses on studying past and present price action to predict the probability of ADEIA P's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ADEIA P's price. Additionally, you may evaluate how the addition of ADEIA P to your portfolios can decrease your overall portfolio volatility.
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Is ADEIA P'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 ADEIA P. If investors know ADEIA 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 ADEIA P 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
(0.82)
Dividend Share
0.2
Earnings Share
0.6
Revenue Per Share
3.649
Quarterly Revenue Growth
(0.16)
The market value of ADEIA P is measured differently than its book value, which is the value of ADEIA that is recorded on the company's balance sheet. Investors also form their own opinion of ADEIA P's value that differs from its market value or its book value, called intrinsic value, which is ADEIA P'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 ADEIA P's market value can be influenced by many factors that don't directly affect ADEIA P'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 ADEIA P's value and its price as these two are different measures arrived at by different means. Investors typically determine if ADEIA P is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ADEIA P'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.