ADENTRA Total Liab vs Retained Earnings Analysis
| ADEN Stock | 38.05 2.93 7.15% |
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 Total Liab and its Retained Earnings 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.
Total Liab vs Retained Earnings
Total Liab vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ADENTRA Total Liab account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.
The correlation between ADENTRA's Total Liab and Retained Earnings is 0.98. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of ADENTRA, assuming nothing else is changed. The correlation between historical values of ADENTRA's Total Liab and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of ADENTRA are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Liab i.e., ADENTRA's Total Liab and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.98 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.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 closely tied 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 10th 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 |
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Balance Sheet is a snapshot of the financial position of ADENTRA at a specified time, usually calculated after every quarter, six months, or one year. ADENTRA Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ADENTRA and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which ADENTRA currently owns. An asset can also be divided into two categories, current and non-current.