ADT Good Will vs Short Term Debt Analysis

ADT Stock

USD 6.65 0.03 0.45%

ADT financial indicator trend analysis is way more than just evaluating ADT Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ADT Inc is a good investment. Please check the relationship between ADT Good Will and its Short Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ADT Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

Good Will vs Short Term Debt

Good Will vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ADT Inc Good Will account and Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between ADT's Good Will and Short Term Debt is 0.46. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of ADT Inc, assuming nothing else is changed. The correlation between historical values of ADT's Good Will and Short Term 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 Good Will of ADT Inc are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Good Will i.e., ADT's Good Will and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.46

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Short Term Debt

Most indicators from ADT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ADT Inc 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 ADT Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

At this time, ADT's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 10.4 M in 2024, whereas Enterprise Value Multiple is likely to drop 5.08 in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	458M	265M	567.3M	513.6M
Depreciation And Amortization	1.9B	1.7B	1.5B	1.6B

Interest Expense Depreciation And Amortization

ADT fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Other Assets
Common Stock Shares Outstanding		0.68	0.63	0.89	0.89	0.66	0.71	0.69	0.63	-0.9	0.84	0.51	0.66	0.96	0.51	0.93	0.72	0.64	0.88	0.78	0.83	0.68	0.9	0.78	0.39	-0.15
Total Assets	0.68		1.0	0.86	0.84	0.98	1.0	0.98	1.0	-0.8	0.87	0.67	1.0	0.74	0.67	0.76	0.99	1.0	0.76	0.69	0.95	1.0	0.79	0.43	0.93	0.22
Short Long Term Debt Total	0.63	1.0		0.84	0.81	0.97	0.99	0.99	1.0	-0.78	0.86	0.66	1.0	0.7	0.66	0.73	0.99	1.0	0.74	0.66	0.93	1.0	0.77	0.39	0.94	0.27
Other Current Liab	0.89	0.86	0.84		0.99	0.8	0.87	0.91	0.84	-0.95	0.99	0.59	0.84	0.95	0.59	0.98	0.9	0.83	0.98	0.8	0.95	0.87	0.97	0.71	0.64	0.2
Total Current Liabilities	0.89	0.84	0.81	0.99		0.78	0.84	0.88	0.81	-0.91	0.97	0.62	0.81	0.94	0.62	0.97	0.87	0.8	0.97	0.83	0.91	0.85	0.98	0.81	0.62	0.07
Total Stockholder Equity	0.66	0.98	0.97	0.8	0.78		0.98	0.94	0.97	-0.74	0.81	0.71	0.98	0.71	0.71	0.71	0.96	0.98	0.69	0.66	0.92	0.97	0.75	0.4	0.93	0.15
Property Plant And Equipment Net	0.71	1.0	0.99	0.87	0.84	0.98		0.97	0.99	-0.81	0.88	0.66	1.0	0.77	0.66	0.78	0.99	0.99	0.77	0.7	0.96	1.0	0.8	0.45	0.92	0.2
Current Deferred Revenue	0.69	0.98	0.99	0.91	0.88	0.94	0.97		0.98	-0.84	0.92	0.66	0.98	0.77	0.66	0.81	0.99	0.98	0.83	0.71	0.95	0.99	0.84	0.48	0.89	0.29
Net Debt	0.63	1.0	1.0	0.84	0.81	0.97	0.99	0.98		-0.78	0.86	0.65	1.0	0.7	0.65	0.73	0.99	1.0	0.74	0.65	0.93	1.0	0.76	0.38	0.94	0.28
Retained Earnings	-0.9	-0.8	-0.78	-0.95	-0.91	-0.74	-0.81	-0.84	-0.78		-0.93	-0.52	-0.78	-0.94	-0.52	-0.95	-0.84	-0.77	-0.92	-0.75	-0.93	-0.81	-0.91	-0.6	-0.54	-0.2
Accounts Payable	0.84	0.87	0.86	0.99	0.97	0.81	0.88	0.92	0.86	-0.93		0.56	0.86	0.91	0.56	0.95	0.92	0.85	0.98	0.72	0.95	0.88	0.94	0.65	0.67	0.27
Cash	0.51	0.67	0.66	0.59	0.62	0.71	0.66	0.66	0.65	-0.52	0.56		0.66	0.52	1.0	0.57	0.64	0.64	0.5	0.74	0.65	0.65	0.71	0.48	0.61	-0.03
Non Current Assets Total	0.66	1.0	1.0	0.84	0.81	0.98	1.0	0.98	1.0	-0.78	0.86	0.66		0.72	0.66	0.74	0.99	1.0	0.74	0.67	0.94	1.0	0.77	0.4	0.94	0.23
Non Currrent Assets Other	0.96	0.74	0.7	0.95	0.94	0.71	0.77	0.77	0.7	-0.94	0.91	0.52	0.72		0.52	0.98	0.79	0.71	0.94	0.81	0.9	0.75	0.94	0.77	0.48	0.04
Cash And Short Term Investments	0.51	0.67	0.66	0.59	0.62	0.71	0.66	0.66	0.65	-0.52	0.56	1.0	0.66	0.52		0.57	0.64	0.64	0.5	0.74	0.65	0.65	0.71	0.48	0.61	-0.03
Net Receivables	0.93	0.76	0.73	0.98	0.97	0.71	0.78	0.81	0.73	-0.95	0.95	0.57	0.74	0.98	0.57		0.81	0.72	0.97	0.82	0.91	0.77	0.98	0.79	0.5	0.1
Good Will	0.72	0.99	0.99	0.9	0.87	0.96	0.99	0.99	0.99	-0.84	0.92	0.64	0.99	0.79	0.64	0.81		0.99	0.82	0.69	0.97	1.0	0.83	0.46	0.9	0.27
Non Current Liabilities Total	0.64	1.0	1.0	0.83	0.8	0.98	0.99	0.98	1.0	-0.77	0.85	0.64	1.0	0.71	0.64	0.72	0.99		0.73	0.66	0.93	1.0	0.76	0.38	0.95	0.25
Inventory	0.88	0.76	0.74	0.98	0.97	0.69	0.77	0.83	0.74	-0.92	0.98	0.5	0.74	0.94	0.5	0.97	0.82	0.73		0.73	0.88	0.78	0.95	0.77	0.51	0.17
Other Current Assets	0.78	0.69	0.66	0.8	0.83	0.66	0.7	0.71	0.65	-0.75	0.72	0.74	0.67	0.81	0.74	0.82	0.69	0.66	0.73		0.77	0.69	0.88	0.79	0.51	-0.21
Other Stockholder Equity	0.83	0.95	0.93	0.95	0.91	0.92	0.96	0.95	0.93	-0.93	0.95	0.65	0.94	0.9	0.65	0.91	0.97	0.93	0.88	0.77		0.95	0.9	0.54	0.79	0.24
Total Liab	0.68	1.0	1.0	0.87	0.85	0.97	1.0	0.99	1.0	-0.81	0.88	0.65	1.0	0.75	0.65	0.77	1.0	1.0	0.78	0.69	0.95		0.8	0.44	0.93	0.24
Total Current Assets	0.9	0.79	0.77	0.97	0.98	0.75	0.8	0.84	0.76	-0.91	0.94	0.71	0.77	0.94	0.71	0.98	0.83	0.76	0.95	0.88	0.9	0.8		0.81	0.56	0.06
Short Term Debt	0.78	0.43	0.39	0.71	0.81	0.4	0.45	0.48	0.38	-0.6	0.65	0.48	0.4	0.77	0.48	0.79	0.46	0.38	0.77	0.79	0.54	0.44	0.81		0.19	-0.4
Intangible Assets	0.39	0.93	0.94	0.64	0.62	0.93	0.92	0.89	0.94	-0.54	0.67	0.61	0.94	0.48	0.61	0.5	0.9	0.95	0.51	0.51	0.79	0.93	0.56	0.19		0.29
Other Assets	-0.15	0.22	0.27	0.2	0.07	0.15	0.2	0.29	0.28	-0.2	0.27	-0.03	0.23	0.04	-0.03	0.1	0.27	0.25	0.17	-0.21	0.24	0.24	0.06	-0.4	0.29

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ADT Account Relationship Matchups

ADT fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	747.2M	776.3M	825.4M	903.2M	911.6M	851.9M
Total Assets	16.1B	16.1B	16.9B	17.9B	16.0B	16.7B
Short Long Term Debt Total	9.7B	9.5B	9.7B	9.8B	7.9B	9.5B
Other Current Liab	478M	583M	736M	899M	585.3M	535.6M
Total Current Liabilities	1.1B	1.3B	1.7B	2.7B	1.5B	1.4B
Total Stockholder Equity	4.2B	3.2B	3.0B	3.2B	3.8B	3.5B
Property Plant And Equipment Net	3.1B	3.0B	3.2B	3.4B	3.4B	3.2B
Current Deferred Revenue	342M	346M	374M	403M	264.4M	336.8M
Net Debt	9.6B	9.3B	9.7B	9.6B	7.8B	9.3B
Retained Earnings	(2.7B)	(3.5B)	(4.0B)	(3.9B)	(3.6B)	(3.8B)
Accounts Payable	242M	322M	475M	487M	293.9M	300.9M
Cash	49M	205M	24M	257M	129.9M	151.9M
Non Current Assets Total	15.5B	15.2B	15.9B	16.2B	15.0B	15.8B
Non Currrent Assets Other	761M	1.0B	1.3B	1.8B	1.7B	966.6M
Cash And Short Term Investments	49M	205M	24M	257M	129.9M	151.9M
Net Receivables	287M	336M	442M	597M	434.7M	329.8M
Good Will	5.0B	5.2B	5.9B	5.8B	4.9B	5.3B
Liabilities And Stockholders Equity	16.1B	16.1B	16.9B	17.9B	16.0B	16.7B
Non Current Liabilities Total	11.8B	11.8B	11.9B	11.8B	10.7B	11.8B
Inventory	138M	216M	348M	410M	230.1M	207.4M
Other Current Assets	151M	210M	1M	342M	210.0M	143.5M
Other Stockholder Equity	6.0B	6.6B	7.3B	7.4B	7.4B	6.1B
Total Liab	12.9B	13.1B	13.6B	14.4B	12.2B	13.2B
Total Current Assets	625M	967M	993M	1.7B	1.0B	874.1M
Intangible Assets	6.7B	5.9B	5.4B	5.1B	4.9B	4.7B
Other Assets	638.4M	879.2M	1.2B	(1M)	(1.2M)	(1.1M)
Long Term Debt	9.6B	9.4B	9.6B	9.0B	7.5B	7.6B
Long Term Debt Total	9.6B	9.4B	9.6B	9.0B	8.1B	7.8B
Capital Surpluse	6.0B	6.6B	7.3B	7.4B	8.5B	6.6B
Accumulated Other Comprehensive Income	(58.4M)	(118.6M)	(69.0M)	(47.2M)	(16.2M)	(17.0M)
Cash And Equivalents	48.7M	205.0M	24.5M	257M	295.6M	172.4M
Common Stock	7.5M	8.3M	9.0M	9.2M	9.2M	7.0M
Property Plant Equipment	3.2B	3.1B	3.4B	3.4B	4.0B	3.6B

Pair Trading with ADT

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 ADT 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 ADT will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to ADT could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ADT 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 ADT - 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 ADT Inc to buy it.

The correlation of ADT 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 ADT moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ADT Inc 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 ADT 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 Correlation Correlation Matching

When determining whether ADT Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ADT Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Adt Inc Stock. Highlighted below are key reports to facilitate an investment decision about Adt Inc Stock:

How To Invest In ADT

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Is ADT Stock a good investment?

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What is ADT's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ADT Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

Note that the ADT Inc information on this page should be used as a complementary analysis to other ADT's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for ADT Stock analysis

When running ADT's price analysis, check to measure ADT'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 ADT is operating at the current time. Most of ADT's value examination focuses on studying past and present price action to predict the probability of ADT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ADT's price. Additionally, you may evaluate how the addition of ADT to your portfolios can decrease your overall portfolio volatility.

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Is ADT'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 ADT. If investors know ADT 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 ADT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

2.832

Dividend Share

0.16

Earnings Share

0.17

Revenue Per Share

5.389

Quarterly Revenue Growth

(0.05)

The market value of ADT Inc is measured differently than its book value, which is the value of ADT that is recorded on the company's balance sheet. Investors also form their own opinion of ADT's value that differs from its market value or its book value, called intrinsic value, which is ADT'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 ADT's market value can be influenced by many factors that don't directly affect ADT'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 ADT's value and its price as these two are different measures arrived at by different means. Investors typically determine if ADT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ADT'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.

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ADT Good Will vs Short Term Debt Analysis

Good Will vs Short Term Debt

Good Will vs Short Term Debt Correlation Analysis

Correlation Coefficient

Good Will

Short Term Debt

ADT fundamental ratios Correlations

ADT Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ADT fundamental ratios Accounts

Pair Trading with ADT

Complementary Tools for ADT Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Long Term Debt Total	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Net Debt	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets

Net Receivables	- 0.95	Retained Earnings
Retained Earnings	- 0.95	Other Current Liab
Non Currrent Assets Other	- 0.94	Retained Earnings
Other Stockholder Equity	- 0.93	Retained Earnings
Accounts Payable	- 0.93	Retained Earnings
Inventory	- 0.92	Retained Earnings