ADENTRA Non Currrent Assets Other vs Net Debt 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 Non Currrent Assets Other and its Net Debt 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.
Non Currrent Assets Other vs Net Debt
Non Currrent Assets Other vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ADENTRA Non Currrent Assets Other account and Net Debt. At this time, the significance of the direction appears to have almost no relationship.
The correlation between ADENTRA's Non Currrent Assets Other and Net Debt is 0.16. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Net Debt in the same time period over historical financial statements of ADENTRA, assuming nothing else is changed. The correlation between historical values of ADENTRA's Non Currrent Assets Other and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of ADENTRA are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Non Currrent Assets Other i.e., ADENTRA's Non Currrent Assets Other and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.16 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.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.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
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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 |
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