Addus Historical Financial Ratios

ADUS Stock  USD 103.74  1.18  1.15%   
Addus HomeCare is presently reporting on over 109 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Price Earnings Ratio of 19.83, Price To Sales Ratio of 0.77 or Dividend Yield of 0.0578 will help investors to properly organize and evaluate Addus HomeCare financial condition quickly.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Addus HomeCare. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Addus Stock please use our How to Invest in Addus HomeCare guide.

About Addus Financial Ratios Analysis

Addus HomeCareFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Addus HomeCare investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Addus financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Addus HomeCare history.

Addus HomeCare Financial Ratios Chart

Addus HomeCare financial ratios usually calculated using numerical values taken directly from Addus HomeCare financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about Addus HomeCare. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.
At this time, Addus HomeCare's Operating Profit Margin is comparatively stable compared to the past year. Effective Tax Rate is likely to gain to 0.31 in 2024, whereas Price Earnings Ratio is likely to drop 19.83 in 2024.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Addus HomeCare stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Addus HomeCare sales, a figure that is much harder to manipulate than other Addus HomeCare multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.

Dividend Yield

Dividend Yield is Addus HomeCare dividend as a percentage of Addus HomeCare stock price. Addus HomeCare dividend yield is a measure of Addus HomeCare stock productivity, which can be interpreted as interest rate earned on an Addus HomeCare investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most ratios from Addus HomeCare's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Addus HomeCare current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Addus HomeCare. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Addus Stock please use our How to Invest in Addus HomeCare guide.At this time, Addus HomeCare's Operating Profit Margin is comparatively stable compared to the past year. Effective Tax Rate is likely to gain to 0.31 in 2024, whereas Price Earnings Ratio is likely to drop 19.83 in 2024.
 2023 2024 (projected)
Operating Cycle40.0238.02
Dividend Yield0.06080.0578

Addus HomeCare fundamentals Correlations

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-0.110.21-0.430.01-0.530.09-0.230.030.88-0.02-0.11-0.52-0.33-0.920.19-0.31-0.370.940.76-0.290.76-0.32-0.20.880.93
-0.02-0.3-0.460.01-0.290.07-0.42-0.86-0.12-0.840.1-0.47-0.640.250.39-0.590.25-0.11-0.35-0.54-0.330.210.14-0.12-0.13
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-0.060.48-0.210.88-0.12-0.260.05-0.220.160.11-0.05-0.09-0.11-0.920.230.11-0.680.790.63-0.130.61-0.110.171.00.77
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-0.070.020.06-0.110.10.070.29-0.01-0.27-0.05-0.30.13-0.320.110.010.080.02-0.2-0.340.02-0.340.520.24-0.05-0.22
-0.030.270.51-0.52-0.470.52-0.060.20.42-0.090.420.130.490.23-0.160.97-0.33-0.48-0.330.44-0.380.430.66-0.09-0.5
0.240.590.75-0.33-0.640.71-0.250.440.47-0.110.47-0.320.490.16-0.270.47-0.28-0.290.070.740.05-0.3-0.05-0.11-0.16
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-0.27-0.23-0.620.190.39-0.34-0.08-0.95-0.310.23-0.320.01-0.16-0.27-0.18-0.140.230.17-0.07-0.59-0.060.020.320.230.04
-0.050.30.42-0.31-0.590.39-0.030.160.550.110.550.080.970.47-0.02-0.14-0.4-0.26-0.140.4-0.180.310.640.11-0.3
-0.21-0.82-0.45-0.370.25-0.420.13-0.27-0.17-0.68-0.140.02-0.33-0.280.420.23-0.4-0.21-0.2-0.31-0.15-0.22-0.34-0.68-0.29
-0.20.08-0.470.94-0.11-0.610.14-0.220.190.790.15-0.2-0.48-0.29-0.910.17-0.26-0.210.88-0.250.88-0.39-0.330.790.94
-0.20.23-0.140.76-0.35-0.360.040.090.380.630.36-0.34-0.330.07-0.77-0.07-0.14-0.20.880.151.0-0.55-0.450.630.93
0.20.610.88-0.29-0.540.740.110.730.35-0.130.350.020.440.740.19-0.590.4-0.31-0.250.150.120.01-0.08-0.13-0.05
-0.220.19-0.170.76-0.33-0.390.040.080.360.610.34-0.34-0.380.05-0.76-0.06-0.18-0.150.881.00.12-0.58-0.50.610.93
-0.160.010.2-0.320.210.330.13-0.03-0.17-0.11-0.170.520.43-0.30.340.020.31-0.22-0.39-0.550.01-0.580.58-0.11-0.45
0.010.160.05-0.20.140.23-0.01-0.3-0.030.17-0.040.240.66-0.050.060.320.64-0.34-0.33-0.45-0.08-0.50.580.17-0.37
-0.060.48-0.210.88-0.12-0.260.05-0.220.161.00.11-0.05-0.09-0.11-0.920.230.11-0.680.790.63-0.130.61-0.110.170.77
-0.170.23-0.280.93-0.13-0.450.07-0.040.170.770.13-0.22-0.5-0.16-0.850.04-0.3-0.290.940.93-0.050.93-0.45-0.370.77
Click cells to compare fundamentals

Addus HomeCare Account Relationship Matchups

Addus HomeCare fundamentals Accounts

201920202021202220232024 (projected)
Short Term Coverage Ratios1.51112.684.049.739.99.4
Price Earnings Ratio53.2255.9333.0334.8623.7619.83
Price To Sales Ratio0.941.722.072.421.691.4
Operating Cycle87.7963.3157.8248.1640.0238.02
Price Book Value Ratio2.823.572.62.532.11.42
Price Earnings To Growth Ratio1.423.530.93(50.03)0.640.67
Days Of Payables Outstanding15.2716.0711.8812.3813.097.54
Operating Cash Flow Per Share0.876.912.486.527.027.37
Price To Operating Cash Flows Ratio111.7616.9437.7515.2713.2313.89
Free Cash Flow Per Share0.546.482.196.06.436.75
Price To Free Cash Flows Ratio181.5618.0642.7816.5714.4513.73
Pretax Profit Margin0.05110.05480.06990.06330.07680.0807
Payables Turnover23.9122.7230.7229.4827.8847.88
Operating Profit Margin0.05360.05820.07630.07230.09150.0961
Company Equity Multiplier1.291.341.721.651.481.99
Long Term Debt To Capitalization0.190.05880.130.310.210.25
Cash Per Share8.099.1710.64.964.052.7
Interest Coverage4.8411.1917.3511.918.028.72
Return On Capital Employed0.08270.06330.05940.07950.08520.0712
Ebit Per Revenue0.05360.05820.07630.07230.09150.0961
Quick Ratio3.031.932.61.571.251.62
Dividend Paid And Capex Coverage Ratio(2.6)(16.02)(8.5)(12.66)(11.87)(12.47)
Cash Ratio1.281.011.440.610.450.38
Cash Conversion Cycle72.5347.2445.9435.7826.9325.58
Operating Cash Flow Sales Ratio0.120.06410.01850.140.04570.11
Days Of Sales Outstanding86.2163.3157.8248.1640.0238.02
Free Cash Flow Operating Cash Flow Ratio0.840.620.940.880.920.78
Price To Book Ratio2.823.572.62.532.11.42
Current Ratio3.082.02.761.71.381.81
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Addus HomeCare in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Addus HomeCare's short interest history, or implied volatility extrapolated from Addus HomeCare options trading.

Pair Trading with Addus HomeCare

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

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The ability to find closely correlated positions to Addus HomeCare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Addus HomeCare 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 Addus HomeCare - 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 Addus HomeCare to buy it.
The correlation of Addus HomeCare 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 Addus HomeCare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Addus HomeCare 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 Addus HomeCare 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 Addus HomeCare is a strong investment it is important to analyze Addus HomeCare'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 Addus HomeCare's future performance. For an informed investment choice regarding Addus Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Addus HomeCare. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Addus Stock please use our How to Invest in Addus HomeCare guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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Is Addus HomeCare'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 Addus HomeCare. If investors know Addus 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 Addus HomeCare 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
0.334
Earnings Share
3.83
Revenue Per Share
66.182
Quarterly Revenue Growth
0.119
Return On Assets
0.0618
The market value of Addus HomeCare is measured differently than its book value, which is the value of Addus that is recorded on the company's balance sheet. Investors also form their own opinion of Addus HomeCare's value that differs from its market value or its book value, called intrinsic value, which is Addus HomeCare'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 Addus HomeCare's market value can be influenced by many factors that don't directly affect Addus HomeCare'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 Addus HomeCare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Addus HomeCare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Addus HomeCare'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.