ADENTRA Net Debt vs Total Current Assets 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 Total Current Assets 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 Total Current Assets
Net Debt vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ADENTRA Net Debt account and Total Current Assets. At this time, the significance of the direction appears to have totally related.
The correlation between ADENTRA's Net Debt and Total Current Assets is 0.99. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Current Assets 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 Total Current Assets 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 Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Debt i.e., ADENTRA's Net Debt and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.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 |
ADENTRA fundamental ratios Correlations
Click cells to compare fundamentals
ADENTRA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck 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. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for ADENTRA Stock analysis
When running ADENTRA's price analysis, check to measure ADENTRA'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 ADENTRA is operating at the current time. Most of ADENTRA's value examination focuses on studying past and present price action to predict the probability of ADENTRA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ADENTRA's price. Additionally, you may evaluate how the addition of ADENTRA to your portfolios can decrease your overall portfolio volatility.
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Transaction History View history of all your transactions and understand their impact on performance | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |