ADENTRA Net Debt vs Net Receivables Analysis

ADEN Stock

38.66 0.60 1.58%

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 Net Debt and its Net Receivables 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.

Net Debt vs Net Receivables

Net Debt vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ADENTRA Net Debt account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.

The correlation between ADENTRA's Net Debt and Net Receivables is 0.98. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Receivables in the same time period over historical financial statements of ADENTRA, assuming nothing else is changed. The correlation between historical values of ADENTRA's Net Debt and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of ADENTRA are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Debt i.e., ADENTRA's Net Debt and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Net Receivables

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 2nd of June 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 Revenue	1.6B	2.6B	3.0B	3.1B
Depreciation And Amortization	37.1M	66.3M	76.2M	80.0M

Total Revenue Depreciation And Amortization

ADENTRA fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Other Current Liab	Other Assets	Good Will	Common Stock
Total Assets		1.0	1.0	0.99	0.98	1.0	0.99	1.0	0.93	1.0	0.17	0.93	0.99	0.64	0.99	0.99	0.85	-0.27	1.0	1.0	0.99	0.97	0.44	-0.55	0.97	0.97
Short Long Term Debt Total	1.0		0.99	0.98	0.98	1.0	0.98	0.99	0.94	1.0	0.16	0.94	0.98	0.6	1.0	0.99	0.84	-0.23	1.0	0.99	0.98	0.97	0.42	-0.54	0.98	0.96
Total Current Liabilities	1.0	0.99		1.0	0.98	0.99	0.99	0.99	0.94	0.99	0.15	0.94	0.99	0.67	0.98	0.98	0.81	-0.31	0.99	0.99	1.0	0.96	0.38	-0.53	0.97	0.97
Total Stockholder Equity	0.99	0.98	1.0		0.98	0.99	0.99	1.0	0.91	0.98	0.16	0.91	1.0	0.71	0.97	0.99	0.85	-0.34	0.99	1.0	0.99	0.94	0.44	-0.54	0.95	0.98
Property Plant And Equipment Net	0.98	0.98	0.98	0.98		0.98	0.97	0.98	0.89	0.98	0.2	0.89	0.98	0.66	0.98	0.98	0.86	-0.26	0.98	0.98	0.96	0.92	0.5	-0.56	0.94	0.96
Net Debt	1.0	1.0	0.99	0.99	0.98		0.98	0.99	0.93	1.0	0.16	0.93	0.98	0.61	1.0	0.99	0.86	-0.23	1.0	0.99	0.98	0.97	0.44	-0.54	0.98	0.96
Retained Earnings	0.99	0.98	0.99	0.99	0.97	0.98		0.98	0.93	0.99	0.23	0.93	0.99	0.66	0.97	0.97	0.81	-0.34	0.98	0.98	0.99	0.96	0.38	-0.56	0.97	0.96
Accounts Payable	1.0	0.99	0.99	1.0	0.98	0.99	0.98		0.9	0.99	0.16	0.9	1.0	0.68	0.98	1.0	0.88	-0.28	0.99	1.0	0.98	0.94	0.5	-0.54	0.95	0.99
Cash	0.93	0.94	0.94	0.91	0.89	0.93	0.93	0.9		0.95	0.11	1.0	0.9	0.5	0.92	0.89	0.62	-0.26	0.93	0.9	0.96	0.96	0.09	-0.47	0.97	0.84
Non Current Assets Total	1.0	1.0	0.99	0.98	0.98	1.0	0.99	0.99	0.95		0.22	0.95	0.98	0.6	0.99	0.98	0.82	-0.23	1.0	0.98	0.99	0.98	0.39	-0.57	0.99	0.95
Non Currrent Assets Other	0.17	0.16	0.15	0.16	0.2	0.16	0.23	0.16	0.11	0.22		0.11	0.14	-0.04	0.17	0.12	0.19	0.25	0.16	0.13	0.15	0.28	0.21	-0.64	0.26	0.14
Cash And Short Term Investments	0.93	0.94	0.94	0.91	0.89	0.93	0.93	0.9	1.0	0.95	0.11		0.9	0.5	0.92	0.89	0.62	-0.26	0.93	0.9	0.96	0.96	0.09	-0.47	0.97	0.84
Net Receivables	0.99	0.98	0.99	1.0	0.98	0.98	0.99	1.0	0.9	0.98	0.14	0.9		0.72	0.97	0.99	0.85	-0.33	0.99	1.0	0.98	0.94	0.46	-0.53	0.94	0.99
Common Stock Shares Outstanding	0.64	0.6	0.67	0.71	0.66	0.61	0.66	0.68	0.5	0.6	-0.04	0.5	0.72		0.57	0.68	0.57	-0.57	0.62	0.68	0.65	0.48	0.41	-0.3	0.5	0.74
Non Current Liabilities Total	0.99	1.0	0.98	0.97	0.98	1.0	0.97	0.98	0.92	0.99	0.17	0.92	0.97	0.57		0.98	0.88	-0.18	1.0	0.99	0.96	0.97	0.47	-0.54	0.97	0.95
Inventory	0.99	0.99	0.98	0.99	0.98	0.99	0.97	1.0	0.89	0.98	0.12	0.89	0.99	0.68	0.98		0.9	-0.29	0.99	1.0	0.97	0.93	0.52	-0.51	0.94	0.99
Other Current Assets	0.85	0.84	0.81	0.85	0.86	0.86	0.81	0.88	0.62	0.82	0.19	0.62	0.85	0.57	0.88	0.9		-0.08	0.85	0.87	0.76	0.77	0.82	-0.51	0.77	0.89
Other Stockholder Equity	-0.27	-0.23	-0.31	-0.34	-0.26	-0.23	-0.34	-0.28	-0.26	-0.23	0.25	-0.26	-0.33	-0.57	-0.18	-0.29	-0.08		-0.24	-0.29	-0.33	-0.17	0.06	-0.37	-0.18	-0.29
Total Liab	1.0	1.0	0.99	0.99	0.98	1.0	0.98	0.99	0.93	1.0	0.16	0.93	0.99	0.62	1.0	0.99	0.85	-0.24		0.99	0.98	0.97	0.44	-0.54	0.98	0.96
Total Current Assets	1.0	0.99	0.99	1.0	0.98	0.99	0.98	1.0	0.9	0.98	0.13	0.9	1.0	0.68	0.99	1.0	0.87	-0.29	0.99		0.98	0.94	0.48	-0.52	0.95	0.98
Short Term Debt	0.99	0.98	1.0	0.99	0.96	0.98	0.99	0.98	0.96	0.99	0.15	0.96	0.98	0.65	0.96	0.97	0.76	-0.33	0.98	0.98		0.96	0.3	-0.52	0.97	0.95
Intangible Assets	0.97	0.97	0.96	0.94	0.92	0.97	0.96	0.94	0.96	0.98	0.28	0.96	0.94	0.48	0.97	0.93	0.77	-0.17	0.97	0.94	0.96		0.31	-0.58	1.0	0.9
Other Current Liab	0.44	0.42	0.38	0.44	0.5	0.44	0.38	0.5	0.09	0.39	0.21	0.09	0.46	0.41	0.47	0.52	0.82	0.06	0.44	0.48	0.3	0.31		-0.36	0.31	0.55
Other Assets	-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
Good Will	0.97	0.98	0.97	0.95	0.94	0.98	0.97	0.95	0.97	0.99	0.26	0.97	0.94	0.5	0.97	0.94	0.77	-0.18	0.98	0.95	0.97	1.0	0.31	-0.57		0.9
Common Stock	0.97	0.96	0.97	0.98	0.96	0.96	0.96	0.99	0.84	0.95	0.14	0.84	0.99	0.74	0.95	0.99	0.89	-0.29	0.96	0.98	0.95	0.9	0.55	-0.55	0.9

Click cells to compare fundamentals

ADENTRA Account Relationship Matchups

ADENTRA fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	436.3M	459.5M	1.1B	1.4B	1.6B	1.7B
Short Long Term Debt Total	176.3M	166.6M	570.6M	789.9M	908.3M	953.8M
Total Current Liabilities	154.7M	146.7M	292.4M	433.4M	498.4M	523.4M
Total Stockholder Equity	217.0M	239.5M	414.0M	507.0M	583.0M	612.2M
Property Plant And Equipment Net	87.6M	94.3M	168.6M	195.0M	224.2M	235.4M
Net Debt	164.7M	166.1M	562.8M	724.8M	833.5M	875.2M
Retained Earnings	37.0M	61.5M	145.4M	265.3M	305.1M	320.4M
Accounts Payable	41.2M	48.9M	113.7M	129.2M	148.6M	156.0M
Cash	11.6M	458.0K	7.8M	65.1M	74.8M	78.6M
Non Current Assets Total	170.3M	185.1M	446.2M	669.8M	770.2M	808.7M
Non Currrent Assets Other	1.8M	2.8M	2.2M	2.2M	2.0M	1.6M
Cash And Short Term Investments	11.6M	458.0K	7.8M	65.1M	74.8M	78.6M
Net Receivables	87.7M	93.2M	164.9M	191.6M	220.4M	231.4M
Common Stock Shares Outstanding	21.6M	21.5M	21.2M	21.6M	24.8M	19.3M
Liabilities And Stockholders Equity	436.3M	459.5M	1.1B	1.4B	1.6B	1.7B
Non Current Liabilities Total	64.6M	73.3M	408.4M	488.6M	561.9M	590.0M
Inventory	159.2M	172.0M	463.6M	485.8M	558.6M	586.6M
Other Current Assets	765.54	8.7M	32.4M	16.8M	19.3M	20.2M
Other Stockholder Equity	80.3M	82.1M	106.5M	88.8M	79.9M	82.1M
Total Liab	219.3M	220.1M	700.9M	922.0M	1.1B	1.1B
Total Current Assets	266.0M	274.4M	668.7M	759.2M	873.1M	916.7M
Accumulated Other Comprehensive Income	12.6M	7.6M	(13.6M)	(15.6M)	(17.9M)	(17.0M)
Short Term Debt	112.2M	94.0M	165.3M	302.1M	347.4M	364.7M
Intangible Assets	21.6M	19.3M	151.6M	282M	324.3M	340.5M
Other Current Liab	1.4M	3.8M	13.5M	2.2M	2.5M	2.6M
Other Assets	5.0M	3.3M	3.2M	1.3M	1.5M	1.4M
Good Will	55.9M	61.2M	114.0M	180.3M	207.3M	217.7M
Common Stock	87.1M	88.2M	175.7M	168.5M	193.7M	203.4M
Long Term Debt Total	64.3M	61.5M	72.7M	405.3M	466.1M	489.4M
Capital Surpluse	76.8M	77.0M	105.9M	106.5M	122.5M	95.4M
Property Plant Equipment	86.4M	84.1M	94.4M	168.6M	193.9M	203.6M

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ADENTRA Net Debt vs Net Receivables Analysis

Net Debt vs Net Receivables

Net Debt vs Net Receivables Correlation Analysis

Correlation Coefficient

Net Debt

Net Receivables

ADENTRA fundamental ratios Correlations

ADENTRA Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ADENTRA fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for ADENTRA Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Long Term Debt Total	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Total Assets
Net Debt	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets

Other Assets	- 0.64	Non Currrent Assets Other
Other Assets	- 0.58	Intangible Assets
Good Will	- 0.57	Other Assets
Other Stockholder Equity	- 0.57	Common Stock Shares Outstanding
Other Assets	- 0.57	Non Current Assets Total
Other Assets	- 0.56	Retained Earnings