ADENTRA Invested Capital vs Book Value Per Share Analysis

ADEN Stock   38.39  0.17  0.44%   
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 Invested Capital and its Book Value Per Share 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.

Invested Capital vs Book Value Per Share

Invested Capital vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ADENTRA Invested Capital account and Book Value Per Share. At this time, the significance of the direction appears to have strong relationship.
The correlation between ADENTRA's Invested Capital and Book Value Per Share is 0.71. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of ADENTRA, assuming nothing else is changed. The correlation between historical values of ADENTRA's Invested Capital and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Invested Capital of ADENTRA are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Invested Capital i.e., ADENTRA's Invested Capital and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to ADENTRA. There are two different methods for calculating ADENTRA invested capital: operating approach and financing approach. Understanding ADENTRA invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
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 18th 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.