ADENTRA Total Stockholder Equity vs Cash 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 Total Stockholder Equity and its Cash 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.
Total Stockholder Equity vs Cash
Total Stockholder Equity vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ADENTRA Total Stockholder Equity account and Cash. At this time, the significance of the direction appears to have almost identical trend.
The correlation between ADENTRA's Total Stockholder Equity and Cash is 0.91. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Cash 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 Stockholder Equity and Cash 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 Stockholder Equity of ADENTRA are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Stockholder Equity i.e., ADENTRA's Total Stockholder Equity and Cash go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Cash
Cash refers to the most liquid asset of ADENTRA, which is listed under current asset account on ADENTRA balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from ADENTRA customers. The amounts must be unrestricted with restricted cash listed in a different ADENTRA account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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 |
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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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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