ADTRAN Treasury Stock vs Net Invested Capital Analysis

ADTN Stock

USD 5.38 0.45 7.72%

ADTRAN financial indicator trend analysis is way more than just evaluating ADTRAN Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ADTRAN Inc is a good investment. Please check the relationship between ADTRAN Treasury Stock and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ADTRAN 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 estimate.

Treasury Stock vs Net Invested Capital

Treasury Stock vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ADTRAN Inc Treasury Stock account and Net Invested Capital. At this time, the significance of the direction appears to have strong relationship.

The correlation between ADTRAN's Treasury Stock and Net Invested Capital is 0.71. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of ADTRAN Inc, assuming nothing else is changed. The correlation between historical values of ADTRAN's Treasury Stock and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Treasury Stock of ADTRAN Inc are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Treasury Stock i.e., ADTRAN's Treasury Stock and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.71

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Treasury Stock

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from ADTRAN's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ADTRAN 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 ADTRAN 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 estimate.

At this time, ADTRAN's Selling General Administrative is very stable compared to the past year. As of the 16th of May 2024, Enterprise Value is likely to grow to about 2 B, though Tax Provision is likely to grow to (89 M).

	2021	2022	2023	2024 (projected)
Gross Profit	218.4M	327.3M	354.4M	263.1M
Total Revenue	563.0M	1.0B	1.1B	1.2B

Gross Profit Total Revenue

ADTRAN fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Non Currrent Assets Other	Common Stock Total Equity	Short Term Investments	Common Stock
Total Assets		0.91	0.94	0.9	0.71	0.8	0.76	-0.63	0.9	0.51	0.99	0.28	0.9	-0.36	0.78	0.95	0.89	0.87	0.96	0.85	0.99	0.58	0.89	0.46	-0.18	0.37
Short Long Term Debt Total	0.91		0.81	0.74	0.39	0.72	0.94	-0.82	0.78	0.27	0.93	0.1	0.76	-0.09	0.94	0.89	0.89	0.92	0.95	0.85	0.85	0.33	0.82	0.25	-0.25	0.11
Other Current Liab	0.94	0.81		0.98	0.63	0.73	0.63	-0.61	0.98	0.6	0.9	0.05	0.96	-0.37	0.65	0.97	0.78	0.82	0.94	0.88	0.96	0.72	0.95	0.43	-0.42	0.36
Total Current Liabilities	0.9	0.74	0.98		0.65	0.66	0.58	-0.61	0.98	0.57	0.87	0.02	0.94	-0.28	0.54	0.95	0.72	0.82	0.89	0.85	0.93	0.81	0.93	0.33	-0.41	0.27
Total Stockholder Equity	0.71	0.39	0.63	0.65		0.65	0.21	-0.01	0.57	0.61	0.68	0.66	0.59	-0.59	0.2	0.55	0.55	0.4	0.49	0.36	0.74	0.62	0.48	0.61	0.29	0.61
Property Plant And Equipment Net	0.8	0.72	0.73	0.66	0.65		0.53	-0.35	0.67	0.69	0.78	0.28	0.72	-0.51	0.67	0.72	0.76	0.57	0.76	0.61	0.8	0.32	0.63	0.71	-0.15	0.55
Net Debt	0.76	0.94	0.63	0.58	0.21	0.53		-0.89	0.62	-0.07	0.82	0.01	0.57	0.17	0.89	0.76	0.76	0.91	0.83	0.77	0.67	0.2	0.71	0.01	-0.13	-0.14
Retained Earnings	-0.63	-0.82	-0.61	-0.61	-0.01	-0.35	-0.89		-0.65	0.11	-0.67	0.35	-0.55	-0.43	-0.71	-0.74	-0.56	-0.92	-0.75	-0.75	-0.55	-0.36	-0.72	0.27	0.41	0.42
Accounts Payable	0.9	0.78	0.98	0.98	0.57	0.67	0.62	-0.65		0.54	0.87	-0.05	0.96	-0.27	0.62	0.96	0.75	0.83	0.92	0.91	0.92	0.71	0.95	0.34	-0.48	0.26
Cash	0.51	0.27	0.6	0.57	0.61	0.69	-0.07	0.11	0.54		0.45	0.25	0.62	-0.74	0.21	0.47	0.47	0.14	0.45	0.31	0.6	0.45	0.39	0.74	-0.33	0.73
Non Current Assets Total	0.99	0.93	0.9	0.87	0.68	0.78	0.82	-0.67	0.87	0.45		0.28	0.85	-0.28	0.8	0.94	0.91	0.89	0.96	0.83	0.96	0.55	0.86	0.4	-0.14	0.3
Cash And Short Term Investments	0.28	0.1	0.05	0.02	0.66	0.28	0.01	0.35	-0.05	0.25	0.28		0.0	-0.53	0.09	0.0	0.27	-0.05	0.06	-0.1	0.27	-0.03	-0.09	0.51	0.78	0.57
Net Receivables	0.9	0.76	0.96	0.94	0.59	0.72	0.57	-0.55	0.96	0.62	0.85	0.0		-0.42	0.64	0.95	0.74	0.75	0.91	0.89	0.94	0.64	0.93	0.48	-0.49	0.41
Common Stock Shares Outstanding	-0.36	-0.09	-0.37	-0.28	-0.59	-0.51	0.17	-0.43	-0.27	-0.74	-0.28	-0.53	-0.42		-0.16	-0.24	-0.34	0.14	-0.25	-0.18	-0.45	-0.09	-0.24	-0.95	-0.03	-1.0
Non Current Liabilities Total	0.78	0.94	0.65	0.54	0.2	0.67	0.89	-0.71	0.62	0.21	0.8	0.09	0.64	-0.16		0.76	0.84	0.75	0.87	0.78	0.72	0.02	0.7	0.33	-0.26	0.18
Inventory	0.95	0.89	0.97	0.95	0.55	0.72	0.76	-0.74	0.96	0.47	0.94	0.0	0.95	-0.24	0.76		0.82	0.9	0.98	0.92	0.95	0.63	0.97	0.34	-0.42	0.24
Other Current Assets	0.89	0.89	0.78	0.72	0.55	0.76	0.76	-0.56	0.75	0.47	0.91	0.27	0.74	-0.34	0.84	0.82		0.75	0.88	0.75	0.85	0.32	0.73	0.46	-0.18	0.36
Other Stockholder Equity	0.87	0.92	0.82	0.82	0.4	0.57	0.91	-0.92	0.83	0.14	0.89	-0.05	0.75	0.14	0.75	0.9	0.75		0.9	0.84	0.81	0.57	0.86	0.0	-0.26	-0.13
Total Liab	0.96	0.95	0.94	0.89	0.49	0.76	0.83	-0.75	0.92	0.45	0.96	0.06	0.91	-0.25	0.87	0.98	0.88	0.9		0.93	0.94	0.5	0.93	0.37	-0.38	0.26
Property Plant And Equipment Gross	0.85	0.85	0.88	0.85	0.36	0.61	0.77	-0.75	0.91	0.31	0.83	-0.1	0.89	-0.18	0.78	0.92	0.75	0.84	0.93		0.85	0.45	0.94	0.29	-0.45	0.18
Total Current Assets	0.99	0.85	0.96	0.93	0.74	0.8	0.67	-0.55	0.92	0.6	0.96	0.27	0.94	-0.45	0.72	0.95	0.85	0.81	0.94	0.85		0.61	0.9	0.53	-0.22	0.46
Short Term Debt	0.58	0.33	0.72	0.81	0.62	0.32	0.2	-0.36	0.71	0.45	0.55	-0.03	0.64	-0.09	0.02	0.63	0.32	0.57	0.5	0.45	0.61		0.62	0.05	-0.26	0.07
Non Currrent Assets Other	0.89	0.82	0.95	0.93	0.48	0.63	0.71	-0.72	0.95	0.39	0.86	-0.09	0.93	-0.24	0.7	0.97	0.73	0.86	0.93	0.94	0.9	0.62		0.32	-0.47	0.23
Common Stock Total Equity	0.46	0.25	0.43	0.33	0.61	0.71	0.01	0.27	0.34	0.74	0.4	0.51	0.48	-0.95	0.33	0.34	0.46	0.0	0.37	0.29	0.53	0.05	0.32		0.02	0.97
Short Term Investments	-0.18	-0.25	-0.42	-0.41	0.29	-0.15	-0.13	0.41	-0.48	-0.33	-0.14	0.78	-0.49	-0.03	-0.26	-0.42	-0.18	-0.26	-0.38	-0.45	-0.22	-0.26	-0.47	0.02		0.08
Common Stock	0.37	0.11	0.36	0.27	0.61	0.55	-0.14	0.42	0.26	0.73	0.3	0.57	0.41	-1.0	0.18	0.24	0.36	-0.13	0.26	0.18	0.46	0.07	0.23	0.97	0.08

Click cells to compare fundamentals

ADTRAN Account Relationship Matchups

ADTRAN fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	544.8M	518.9M	569.0M	1.9B	1.7B	1.8B
Other Current Liab	32.3M	28.4M	33.4M	89.1M	64.4M	67.6M
Total Current Liabilities	113.4M	87.5M	155.4M	488.6M	279.5M	293.5M
Total Stockholder Equity	379.4M	372.9M	357.1M	994.5M	593.8M	476.4M
Property Plant And Equipment Net	73.7M	62.4M	55.8M	111.5M	160.5M	87.5M
Net Debt	(51.6M)	(54.8M)	(51.6M)	34.7M	147.0M	154.3M
Retained Earnings	806.7M	781.8M	740.8M	55.3M	(243.9M)	(231.7M)
Accounts Payable	44.6M	43.2M	102.5M	237.7M	160.6M	168.7M
Cash	76.2M	60.2M	56.6M	108.6M	87.2M	66.3M
Non Current Assets Total	224.8M	208.3M	192.7M	999.5M	947.8M	995.1M
Cash And Short Term Investments	107.0M	63.3M	57.0M	109.0M	87.2M	131.2M
Net Receivables	107.1M	120.4M	170.0M	312.3M	241.8M	253.9M
Common Stock Shares Outstanding	47.8M	48.3M	48.6M	62.3M	78.4M	74.3M
Liabilities And Stockholders Equity	544.8M	518.9M	569.0M	1.9B	1.7B	1.8B
Non Current Liabilities Total	52.0M	58.5M	56.6M	89.7M	357.4M	375.3M
Inventory	98.0M	118.7M	139.9M	427.5M	362.3M	380.4M
Other Current Assets	7.9M	8.3M	9.5M	33.6M	43.5M	45.6M
Other Stockholder Equity	(411.7M)	(398.0M)	(372.6M)	891.7M	789.5M	829.0M
Total Liab	165.4M	146.0M	211.9M	578.3M	636.9M	668.8M
Property Plant And Equipment Gross	73.7M	62.4M	335.3M	409.8M	449.0M	471.4M
Total Current Assets	320.0M	310.7M	376.3M	882.4M	734.8M	771.5M
Accumulated Other Comprehensive Income	(16.4M)	(11.6M)	(11.9M)	46.7M	47.5M	49.8M
Short Term Debt	24.6M	1.8M	1.7M	120.5M	7.7M	14.2M
Non Currrent Assets Other	14.3M	25.4M	31.0M	66.2M	52.3M	55.9M
Short Term Investments	3.2M	30.8M	3.1M	350K	340K	0.0
Other Assets	35.1M	35.3M	40.1M	127.4M	146.5M	153.8M
Treasury Stock	(685.3M)	(679.5M)	(661.5M)	(4.1M)	(3.7M)	(3.9M)
Property Plant Equipment	73.7M	62.4M	55.8M	110.7M	99.6M	67.3M
Other Liab	46.2M	58.5M	56.6M	128.5M	147.8M	155.2M
Current Deferred Revenue	12.0M	14.1M	17.7M	41.2M	46.7M	49.1M
Net Tangible Assets	345.6M	342.5M	330.8M	211.6M	190.4M	379.9M
Capital Surpluse	274.6M	281.5M	288.9M	895.8M	1.0B	1.1B
Deferred Long Term Liab	21.7M	25.9M	31.4M	26.7M	30.7M	15.7M

Pair Trading with ADTRAN

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

Moving together with ADTRAN Stock

0.81

EBON

Ebang International Earnings Call Tomorrow

Pair Corr

Moving against ADTRAN Stock

0.77	WDC	Western Digital Financial Report 29th of July 2024	Pair Corr
0.74	DM	Desktop Metal	Pair Corr
0.58	MSI	Motorola Solutions	Pair Corr

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

The correlation of ADTRAN 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 ADTRAN moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ADTRAN 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 ADTRAN 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 ADTRAN Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ADTRAN's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Adtran Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Adtran Inc Stock:

How To Invest In ADTRAN

Details

Is ADTRAN Stock a good investment?

Details

What is ADTRAN's Net Worth?

Details

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ADTRAN 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 estimate.

You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for ADTRAN Stock analysis

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

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Is ADTRAN'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 ADTRAN. If investors know ADTRAN 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 ADTRAN 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

(0.60)

Dividend Share

0.09

Earnings Share

(7.02)

Revenue Per Share

13.388

Quarterly Revenue Growth

(0.30)

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

Treasury Stock vs Net Invested Capital

Treasury Stock vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Treasury Stock

Net Invested Capital

ADTRAN fundamental ratios Correlations

ADTRAN Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ADTRAN fundamental ratios Accounts

Pair Trading with ADTRAN

Moving together with ADTRAN Stock

Moving against ADTRAN Stock

Complementary Tools for ADTRAN Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Total Current Liabilities	+ 0.98	Other Current Liab
Accounts Payable	+ 0.98	Other Current Liab
Accounts Payable	+ 0.98	Total Current Liabilities
Total Liab	+ 0.98	Inventory

Common Stock	- 1.0	Common Stock Shares Outstanding
Common Stock Total Equity	- 0.95	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.92	Retained Earnings
Retained Earnings	- 0.89	Net Debt
Retained Earnings	- 0.82	Short Long Term Debt Total
Property Plant And Equipment Gross	- 0.75	Retained Earnings