Ads Total Assets vs Non Currrent Assets Other Analysis

ADSE Stock  USD 11.11  0.02  0.18%   
Ads Tec financial indicator trend analysis is way more than just evaluating Ads Tec Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ads Tec Energy is a good investment. Please check the relationship between Ads Tec Total Assets and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ads Tec Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Total Assets vs Non Currrent Assets Other

Total Assets vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ads Tec Energy Total Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ads Tec's Total Assets and Non Currrent Assets Other is 0.62. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Ads Tec Energy, assuming nothing else is changed. The correlation between historical values of Ads Tec's Total Assets and Non Currrent Assets Other 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 Assets of Ads Tec Energy are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Assets i.e., Ads Tec's Total Assets and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Ads Tec assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Ads Tec Energy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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.
Most indicators from Ads Tec's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ads Tec Energy 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 Ads Tec Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
The current year's Selling General Administrative is expected to grow to about 32.7 M, whereas Tax Provision is projected to grow to (3 M).
 2021 2022 2023 2024 (projected)
Total Operating Expenses84.5M31.7M151.1M158.6M
Cost Of Revenue35.3M30.9M110.3M115.8M

Ads Tec fundamental ratios Correlations

0.840.580.560.920.83-0.43-0.73-0.760.820.750.880.620.790.91-0.610.640.770.580.380.930.70.950.870.99-0.94
0.840.660.170.820.53-0.72-0.86-0.430.650.890.650.420.90.62-0.880.670.50.130.00.740.510.850.610.86-0.74
0.580.66-0.150.610.46-0.62-0.42-0.230.460.450.580.510.420.39-0.430.560.540.30.50.390.260.580.320.54-0.37
0.560.17-0.150.270.750.25-0.06-0.770.660.060.670.630.150.790.070.460.650.750.130.660.830.340.720.5-0.6
0.920.820.610.270.59-0.44-0.87-0.530.580.870.650.30.880.71-0.690.350.520.350.470.780.360.990.690.96-0.86
0.830.530.460.750.59-0.32-0.26-0.930.960.280.980.880.360.96-0.180.770.980.820.430.880.890.640.920.73-0.83
-0.43-0.72-0.620.25-0.44-0.320.50.25-0.52-0.53-0.42-0.29-0.54-0.30.64-0.57-0.390.170.1-0.45-0.22-0.46-0.37-0.40.44
-0.73-0.86-0.42-0.06-0.87-0.260.50.21-0.36-1.0-0.350.01-0.99-0.460.85-0.22-0.170.1-0.03-0.58-0.17-0.87-0.42-0.820.67
-0.76-0.43-0.23-0.77-0.53-0.930.250.21-0.88-0.23-0.89-0.77-0.3-0.910.2-0.64-0.91-0.79-0.37-0.91-0.82-0.58-0.97-0.670.86
0.820.650.460.660.580.96-0.52-0.36-0.880.380.960.840.460.94-0.30.840.940.630.230.890.880.650.890.73-0.83
0.750.890.450.060.870.28-0.53-1.0-0.230.380.380.020.990.46-0.880.260.19-0.080.030.60.190.880.450.83-0.68
0.880.650.580.670.650.98-0.42-0.35-0.890.960.380.90.440.94-0.320.840.980.780.410.90.890.70.910.79-0.83
0.620.420.510.630.30.88-0.290.01-0.770.840.020.90.080.76-0.070.90.930.80.280.670.910.350.720.48-0.53
0.790.90.420.150.880.36-0.54-0.99-0.30.460.990.440.080.54-0.860.310.26-0.030.010.650.280.890.510.86-0.73
0.910.620.390.790.710.96-0.3-0.46-0.910.940.460.940.760.54-0.290.680.90.730.370.930.860.770.930.84-0.91
-0.61-0.88-0.430.07-0.69-0.180.640.850.2-0.3-0.88-0.32-0.07-0.86-0.29-0.39-0.150.140.19-0.56-0.2-0.7-0.41-0.680.57
0.640.670.560.460.350.77-0.57-0.22-0.640.840.260.840.90.310.68-0.390.810.5-0.040.690.870.410.670.53-0.54
0.770.50.540.650.520.98-0.39-0.17-0.910.940.190.980.930.260.9-0.150.810.820.460.830.860.570.880.65-0.75
0.580.130.30.750.350.820.170.1-0.790.63-0.080.780.8-0.030.730.140.50.820.630.620.730.370.710.48-0.54
0.380.00.50.130.470.430.1-0.03-0.370.230.030.410.280.010.370.19-0.040.460.630.270.050.410.320.35-0.33
0.930.740.390.660.780.88-0.45-0.58-0.910.890.60.90.670.650.93-0.560.690.830.620.270.790.830.980.89-0.98
0.70.510.260.830.360.89-0.22-0.17-0.820.880.190.890.910.280.86-0.20.870.860.730.050.790.440.810.6-0.67
0.950.850.580.340.990.64-0.46-0.87-0.580.650.880.70.350.890.77-0.70.410.570.370.410.830.440.730.98-0.89
0.870.610.320.720.690.92-0.37-0.42-0.970.890.450.910.720.510.93-0.410.670.880.710.320.980.810.730.81-0.95
0.990.860.540.50.960.73-0.4-0.82-0.670.730.830.790.480.860.84-0.680.530.650.480.350.890.60.980.81-0.92
-0.94-0.74-0.37-0.6-0.86-0.830.440.670.86-0.83-0.68-0.83-0.53-0.73-0.910.57-0.54-0.75-0.54-0.33-0.98-0.67-0.89-0.95-0.92
Click cells to compare fundamentals

Ads Tec Account Relationship Matchups

Ads Tec fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets63.0M45.3M151.2M139.4M124.4M105.2M
Short Long Term Debt Total1.6M2.9M9.6M3.5M4.0M4.2M
Other Current Liab214K2.0M2.2M2.2M1K950.0
Total Current Liabilities44.1M23.5M30.4M42.4M60.3M42.6M
Total Stockholder Equity1.7M(8.6M)96.9M80.7M33.9M40.0M
Property Plant And Equipment Net3.2M4.5M4.9M8.8M9.7M6.1M
Current Deferred Revenue37.8M8.1M6.2M23.6M21.2M16.1M
Net Debt(7.7M)2.9M(92.2M)(31.0M)(27.9M)(29.3M)
Accounts Payable5.8M12.5M14M15.7M22.0M14.0M
Cash9.3M18K101.8M34.4M29.2M36.0M
Non Current Assets Total13.7M20.0M24.1M34.2M34.9M24.7M
Cash And Short Term Investments9.3M18K101.8M34.4M39.6M36.8M
Net Receivables4.4M3.7M12.3M17.0M21.2M11.4M
Liabilities And Stockholders Equity63.0M45.3M151.2M139.4M160.4M98.9M
Non Current Liabilities Total17.2M30.5M23.9M16.3M30.1M22.6M
Capital Lease Obligations1.6M2.6M2.1M3.5M3.4M2.7M
Inventory35.5M21.6M13.1M53.1M39.1M32.9M
Total Liab61.3M53.9M54.3M58.7M90.5M65.2M
Net Invested Capital1.7M(8.2M)104.4M80.7M47.8M44.0M
Long Term Investments0.0140K2.1M3.4M3.9M4.1M
Total Current Assets49.3M25.3M127.2M105.3M89.5M80.5M
Net Working Capital5.2M1.9M96.7M62.9M29.2M37.9M
Short Term Debt236K905K8.1M842K968.3K919.9K
Intangible Assets10.5M15.3M17.0M22.1M25.0M17.5M

Pair Trading with Ads Tec

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ads Tec position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ads Tec will appreciate offsetting losses from the drop in the long position's value.

Moving against Ads Stock

  0.72FCEL FuelCell Energy Financial Report 13th of June 2024 PairCorr
  0.67NXU Nxu Inc Symbol ChangePairCorr
  0.64XPON Expion360PairCorr
  0.63ENR Energizer Holdings Fiscal Year End 12th of November 2024 PairCorr
  0.62EPOW Sunrise New Energy Report 21st of May 2024 PairCorr
The ability to find closely correlated positions to Ads Tec could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ads Tec when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ads Tec - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ads Tec Energy to buy it.
The correlation of Ads Tec is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ads Tec moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ads Tec Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ads Tec can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Ads Tec Energy is a strong investment it is important to analyze Ads Tec's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ads Tec's future performance. For an informed investment choice regarding Ads Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ads Tec Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

Complementary Tools for Ads Stock analysis

When running Ads Tec's price analysis, check to measure Ads Tec'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 Ads Tec is operating at the current time. Most of Ads Tec's value examination focuses on studying past and present price action to predict the probability of Ads Tec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ads Tec's price. Additionally, you may evaluate how the addition of Ads Tec to your portfolios can decrease your overall portfolio volatility.
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Share Portfolio
Track or share privately all of your investments from the convenience of any device
CEOs Directory
Screen CEOs from public companies around the world
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Is Ads Tec's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ads Tec. If investors know Ads will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ads Tec listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.21)
Revenue Per Share
2.195
Quarterly Revenue Growth
3.065
Return On Assets
(0.21)
Return On Equity
(0.96)
The market value of Ads Tec Energy is measured differently than its book value, which is the value of Ads that is recorded on the company's balance sheet. Investors also form their own opinion of Ads Tec's value that differs from its market value or its book value, called intrinsic value, which is Ads Tec's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ads Tec's market value can be influenced by many factors that don't directly affect Ads Tec's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ads Tec's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ads Tec is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ads Tec's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.