ADENTRA Capex To Depreciation vs Dividend Yield Analysis

ADEN Stock   39.21  0.88  2.30%   
ADENTRA financial indicator trend analysis is way more than just evaluating ADENTRA prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ADENTRA is a good investment. Please check the relationship between ADENTRA Capex To Depreciation and its Dividend Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ADENTRA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Capex To Depreciation vs Dividend Yield

Capex To Depreciation vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ADENTRA Capex To Depreciation account and Dividend Yield. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between ADENTRA's Capex To Depreciation and Dividend Yield is -0.23. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of ADENTRA, assuming nothing else is changed. The correlation between historical values of ADENTRA's Capex To Depreciation and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of ADENTRA are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Capex To Depreciation i.e., ADENTRA's Capex To Depreciation and Dividend Yield go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Dividend Yield

Dividend Yield is ADENTRA dividend as a percentage of ADENTRA stock price. ADENTRA dividend yield is a measure of ADENTRA stock productivity, which can be interpreted as interest rate earned on an ADENTRA investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most indicators from ADENTRA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ADENTRA 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 ADENTRA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At this time, ADENTRA's Selling General Administrative is very stable compared to the past year. As of the 27th of May 2024, Tax Provision is likely to grow to about 41.2 M, while Sales General And Administrative To Revenue is likely to drop 0.03.
 2021 2022 2023 2024 (projected)
Total Revenue1.6B2.6B3.0B3.1B
Depreciation And Amortization37.1M66.3M76.2M80.0M

ADENTRA fundamental ratios Correlations

1.01.00.990.981.00.991.00.931.00.170.930.990.640.990.990.85-0.271.01.00.990.970.44-0.550.970.97
1.00.990.980.981.00.980.990.941.00.160.940.980.61.00.990.84-0.231.00.990.980.970.42-0.540.980.96
1.00.991.00.980.990.990.990.940.990.150.940.990.670.980.980.81-0.310.990.991.00.960.38-0.530.970.97
0.990.981.00.980.990.991.00.910.980.160.911.00.710.970.990.85-0.340.991.00.990.940.44-0.540.950.98
0.980.980.980.980.980.970.980.890.980.20.890.980.660.980.980.86-0.260.980.980.960.920.5-0.560.940.96
1.01.00.990.990.980.980.990.931.00.160.930.980.611.00.990.86-0.231.00.990.980.970.44-0.540.980.96
0.990.980.990.990.970.980.980.930.990.230.930.990.660.970.970.81-0.340.980.980.990.960.38-0.560.970.96
1.00.990.991.00.980.990.980.90.990.160.91.00.680.981.00.88-0.280.991.00.980.940.5-0.540.950.99
0.930.940.940.910.890.930.930.90.950.111.00.90.50.920.890.62-0.260.930.90.960.960.09-0.470.970.84
1.01.00.990.980.981.00.990.990.950.220.950.980.60.990.980.82-0.231.00.980.990.980.39-0.570.990.95
0.170.160.150.160.20.160.230.160.110.220.110.14-0.040.170.120.190.250.160.130.150.280.21-0.640.260.14
0.930.940.940.910.890.930.930.91.00.950.110.90.50.920.890.62-0.260.930.90.960.960.09-0.470.970.84
0.990.980.991.00.980.980.991.00.90.980.140.90.720.970.990.85-0.330.991.00.980.940.46-0.530.940.99
0.640.60.670.710.660.610.660.680.50.6-0.040.50.720.570.680.57-0.570.620.680.650.480.41-0.30.50.74
0.991.00.980.970.981.00.970.980.920.990.170.920.970.570.980.88-0.181.00.990.960.970.47-0.540.970.95
0.990.990.980.990.980.990.971.00.890.980.120.890.990.680.980.9-0.290.991.00.970.930.52-0.510.940.99
0.850.840.810.850.860.860.810.880.620.820.190.620.850.570.880.9-0.080.850.870.760.770.82-0.510.770.89
-0.27-0.23-0.31-0.34-0.26-0.23-0.34-0.28-0.26-0.230.25-0.26-0.33-0.57-0.18-0.29-0.08-0.24-0.29-0.33-0.170.06-0.37-0.18-0.29
1.01.00.990.990.981.00.980.990.931.00.160.930.990.621.00.990.85-0.240.990.980.970.44-0.540.980.96
1.00.990.991.00.980.990.981.00.90.980.130.91.00.680.991.00.87-0.290.990.980.940.48-0.520.950.98
0.990.981.00.990.960.980.990.980.960.990.150.960.980.650.960.970.76-0.330.980.980.960.3-0.520.970.95
0.970.970.960.940.920.970.960.940.960.980.280.960.940.480.970.930.77-0.170.970.940.960.31-0.581.00.9
0.440.420.380.440.50.440.380.50.090.390.210.090.460.410.470.520.820.060.440.480.30.31-0.360.310.55
-0.55-0.54-0.53-0.54-0.56-0.54-0.56-0.54-0.47-0.57-0.64-0.47-0.53-0.3-0.54-0.51-0.51-0.37-0.54-0.52-0.52-0.58-0.36-0.57-0.55
0.970.980.970.950.940.980.970.950.970.990.260.970.940.50.970.940.77-0.180.980.950.971.00.31-0.570.9
0.970.960.970.980.960.960.960.990.840.950.140.840.990.740.950.990.89-0.290.960.980.950.90.55-0.550.9
Click cells to compare fundamentals

ADENTRA Account Relationship Matchups

ADENTRA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets436.3M459.5M1.1B1.4B1.6B1.7B
Short Long Term Debt Total176.3M166.6M570.6M789.9M908.3M953.8M
Total Current Liabilities154.7M146.7M292.4M433.4M498.4M523.4M
Total Stockholder Equity217.0M239.5M414.0M507.0M583.0M612.2M
Property Plant And Equipment Net87.6M94.3M168.6M195.0M224.2M235.4M
Net Debt164.7M166.1M562.8M724.8M833.5M875.2M
Retained Earnings37.0M61.5M145.4M265.3M305.1M320.4M
Accounts Payable41.2M48.9M113.7M129.2M148.6M156.0M
Cash11.6M458.0K7.8M65.1M74.8M78.6M
Non Current Assets Total170.3M185.1M446.2M669.8M770.2M808.7M
Non Currrent Assets Other1.8M2.8M2.2M2.2M2.0M1.6M
Cash And Short Term Investments11.6M458.0K7.8M65.1M74.8M78.6M
Net Receivables87.7M93.2M164.9M191.6M220.4M231.4M
Common Stock Shares Outstanding21.6M21.5M21.2M21.6M24.8M19.3M
Liabilities And Stockholders Equity436.3M459.5M1.1B1.4B1.6B1.7B
Non Current Liabilities Total64.6M73.3M408.4M488.6M561.9M590.0M
Inventory159.2M172.0M463.6M485.8M558.6M586.6M
Other Current Assets765.548.7M32.4M16.8M19.3M20.2M
Other Stockholder Equity80.3M82.1M106.5M88.8M79.9M82.1M
Total Liab219.3M220.1M700.9M922.0M1.1B1.1B
Total Current Assets266.0M274.4M668.7M759.2M873.1M916.7M
Accumulated Other Comprehensive Income12.6M7.6M(13.6M)(15.6M)(17.9M)(17.0M)
Short Term Debt112.2M94.0M165.3M302.1M347.4M364.7M
Intangible Assets21.6M19.3M151.6M282M324.3M340.5M
Other Current Liab1.4M3.8M13.5M2.2M2.5M2.6M
Other Assets5.0M3.3M3.2M1.3M1.5M1.4M
Good Will55.9M61.2M114.0M180.3M207.3M217.7M
Common Stock87.1M88.2M175.7M168.5M193.7M203.4M
Long Term Debt Total64.3M61.5M72.7M405.3M466.1M489.4M
Capital Surpluse76.8M77.0M105.9M106.5M122.5M95.4M
Property Plant Equipment86.4M84.1M94.4M168.6M193.9M203.6M

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Please note, there is a significant difference between ADENTRA's value and its price as these two are different measures arrived at by different means. Investors typically determine if ADENTRA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ADENTRA'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.