Addus Invested Capital vs Enterprise Value Analysis

ADUS Stock

USD 96.62 0.37 0.38%

Addus HomeCare financial indicator trend analysis is way more than just evaluating Addus HomeCare prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Addus HomeCare is a good investment. Please check the relationship between Addus HomeCare Invested Capital and its Enterprise Value accounts. 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.

Invested Capital vs Enterprise Value

Invested Capital vs Enterprise Value Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Addus HomeCare Invested Capital account and Enterprise Value. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Addus HomeCare's Invested Capital and Enterprise Value is -0.4. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Enterprise Value in the same time period over historical financial statements of Addus HomeCare, assuming nothing else is changed. The correlation between historical values of Addus HomeCare's Invested Capital and Enterprise Value is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Invested Capital of Addus HomeCare are associated (or correlated) with its Enterprise Value. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Enterprise Value has no effect on the direction of Invested Capital i.e., Addus HomeCare's Invested Capital and Enterprise Value go up and down completely randomly.

Correlation Coefficient

-0.4

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Addus HomeCare. There are two different methods for calculating Addus HomeCare invested capital: operating approach and financing approach. Understanding Addus HomeCare invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.

Enterprise Value

Enterprise Value (or EV) is usually referred to as Addus HomeCare theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Addus HomeCare debt, but would also pocket its cash. Enterprise Value is more accurate representation of Addus HomeCare value than its market capitalization because it takes into account all of Addus HomeCare existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

Most indicators from Addus HomeCare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.23 in 2024, whereas Tax Provision is likely to drop slightly above 9.7 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	5.5M	8.6M	11.1M	11.7M
Depreciation And Amortization	14.5M	14.1M	14.1M	8.1M

Interest Expense Depreciation And Amortization

Addus HomeCare fundamental ratios Correlations

	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	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.92	0.73	0.89	0.99	0.99	0.19	0.71	0.95	0.46	0.75	0.99	-0.4	0.94	0.81	0.75	0.73	0.99	0.68	0.68	0.92	0.73	0.97	0.96	0.85	0.79
Short Long Term Debt Total	0.92		0.54	0.86	0.86	0.91	0.32	0.82	0.8	0.27	0.78	0.9	-0.52	0.94	0.95	0.78	0.61	0.9	0.52	0.54	1.0	0.75	0.84	0.99	0.72	0.77
Other Current Liab	0.73	0.54		0.65	0.77	0.74	-0.44	0.43	0.74	0.52	0.4	0.76	-0.32	0.64	0.38	0.4	0.46	0.75	0.48	0.48	0.53	0.43	0.75	0.63	0.64	0.44
Total Current Liabilities	0.89	0.86	0.65		0.86	0.88	0.23	0.61	0.78	0.47	0.8	0.86	-0.55	0.84	0.87	0.8	0.76	0.86	0.78	0.77	0.87	0.74	0.88	0.9	0.63	0.84
Total Stockholder Equity	0.99	0.86	0.77	0.86		0.98	0.14	0.65	0.97	0.51	0.7	0.98	-0.34	0.91	0.73	0.7	0.74	0.98	0.7	0.71	0.86	0.71	0.98	0.92	0.87	0.77
Property Plant And Equipment Net	0.99	0.91	0.74	0.88	0.98		0.15	0.77	0.95	0.42	0.68	1.0	-0.43	0.96	0.78	0.68	0.66	0.99	0.63	0.63	0.92	0.72	0.95	0.96	0.87	0.72
Current Deferred Revenue	0.19	0.32	-0.44	0.23	0.14	0.15		0.04	0.05	0.2	0.51	0.1	0.07	0.13	0.45	0.51	0.47	0.1	0.27	0.32	0.34	0.13	0.22	0.27	-0.04	0.52
Net Debt	0.71	0.82	0.43	0.61	0.65	0.77	0.04		0.69	-0.11	0.29	0.77	-0.55	0.89	0.7	0.29	0.19	0.78	0.22	0.18	0.8	0.69	0.57	0.79	0.76	0.29
Retained Earnings	0.95	0.8	0.74	0.78	0.97	0.95	0.05	0.69		0.34	0.56	0.97	-0.31	0.91	0.63	0.56	0.62	0.97	0.65	0.62	0.8	0.69	0.91	0.86	0.95	0.63
Accounts Payable	0.46	0.27	0.52	0.47	0.51	0.42	0.2	-0.11	0.34		0.57	0.39	0.18	0.17	0.31	0.57	0.71	0.38	0.46	0.51	0.31	0.19	0.61	0.35	0.18	0.63
Cash	0.75	0.78	0.4	0.8	0.7	0.68	0.51	0.29	0.56	0.57		0.65	-0.29	0.6	0.85	1.0	0.82	0.64	0.64	0.7	0.8	0.52	0.78	0.78	0.35	0.98
Non Current Assets Total	0.99	0.9	0.76	0.86	0.98	1.0	0.1	0.77	0.97	0.39	0.65		-0.42	0.96	0.76	0.65	0.64	1.0	0.63	0.62	0.9	0.74	0.95	0.95	0.9	0.69
Non Currrent Assets Other	-0.4	-0.52	-0.32	-0.55	-0.34	-0.43	0.07	-0.55	-0.31	0.18	-0.29	-0.42		-0.54	-0.51	-0.29	-0.17	-0.42	-0.23	-0.28	-0.5	-0.36	-0.33	-0.5	-0.19	-0.27
Other Assets	0.94	0.94	0.64	0.84	0.91	0.96	0.13	0.89	0.91	0.17	0.6	0.96	-0.54		0.81	0.6	0.52	0.96	0.56	0.54	0.93	0.77	0.86	0.96	0.87	0.62
Long Term Debt	0.81	0.95	0.38	0.87	0.73	0.78	0.45	0.7	0.63	0.31	0.85	0.76	-0.51	0.81		0.85	0.64	0.76	0.51	0.53	0.95	0.71	0.75	0.91	0.51	0.82
Cash And Short Term Investments	0.75	0.78	0.4	0.8	0.7	0.68	0.51	0.29	0.56	0.57	1.0	0.65	-0.29	0.6	0.85		0.82	0.64	0.64	0.7	0.8	0.52	0.78	0.78	0.35	0.98
Net Receivables	0.73	0.61	0.46	0.76	0.74	0.66	0.47	0.19	0.62	0.71	0.82	0.64	-0.17	0.52	0.64	0.82		0.63	0.79	0.83	0.63	0.45	0.82	0.67	0.39	0.92
Good Will	0.99	0.9	0.75	0.86	0.98	0.99	0.1	0.78	0.97	0.38	0.64	1.0	-0.42	0.96	0.76	0.64	0.63		0.63	0.62	0.9	0.75	0.94	0.95	0.91	0.69
Common Stock Total Equity	0.68	0.52	0.48	0.78	0.7	0.63	0.27	0.22	0.65	0.46	0.64	0.63	-0.23	0.56	0.51	0.64	0.79	0.63		0.99	0.53	0.63	0.76	0.59	0.49	0.75
Common Stock Shares Outstanding	0.68	0.54	0.48	0.77	0.71	0.63	0.32	0.18	0.62	0.51	0.7	0.62	-0.28	0.54	0.53	0.7	0.83	0.62	0.99		0.55	0.58	0.78	0.61	0.44	0.8
Non Current Liabilities Total	0.92	1.0	0.53	0.87	0.86	0.92	0.34	0.8	0.8	0.31	0.8	0.9	-0.5	0.93	0.95	0.8	0.63	0.9	0.53	0.55		0.73	0.86	0.99	0.71	0.79
Other Current Assets	0.73	0.75	0.43	0.74	0.71	0.72	0.13	0.69	0.69	0.19	0.52	0.74	-0.36	0.77	0.71	0.52	0.45	0.75	0.63	0.58	0.73		0.68	0.74	0.72	0.55
Other Stockholder Equity	0.97	0.84	0.75	0.88	0.98	0.95	0.22	0.57	0.91	0.61	0.78	0.95	-0.33	0.86	0.75	0.78	0.82	0.94	0.76	0.78	0.86	0.68		0.91	0.78	0.84
Total Liab	0.96	0.99	0.63	0.9	0.92	0.96	0.27	0.79	0.86	0.35	0.78	0.95	-0.5	0.96	0.91	0.78	0.67	0.95	0.59	0.61	0.99	0.74	0.91		0.76	0.79
Property Plant And Equipment Gross	0.85	0.72	0.64	0.63	0.87	0.87	-0.04	0.76	0.95	0.18	0.35	0.9	-0.19	0.87	0.51	0.35	0.39	0.91	0.49	0.44	0.71	0.72	0.78	0.76		0.41
Total Current Assets	0.79	0.77	0.44	0.84	0.77	0.72	0.52	0.29	0.63	0.63	0.98	0.69	-0.27	0.62	0.82	0.98	0.92	0.69	0.75	0.8	0.79	0.55	0.84	0.79	0.41

Click cells to compare fundamentals

Addus HomeCare Account Relationship Matchups

Addus HomeCare fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	636.7M	892.6M	947.6M	938.0M	1.0B	1.1B
Short Long Term Debt Total	59.9M	230.4M	253.8M	178.1M	175.2M	183.9M
Total Current Liabilities	87.5M	143.9M	117.7M	131.1M	145.1M	74.1M
Total Stockholder Equity	475.6M	518.7M	574.3M	633.5M	706.7M	742.0M
Property Plant And Equipment Net	33.3M	57.7M	54.5M	60.2M	69.4M	72.9M
Net Debt	(51.8M)	85.3M	84.9M	98.1M	110.4M	115.9M
Retained Earnings	116.0M	149.2M	194.3M	240.3M	302.8M	318.0M
Accounts Payable	86.8M	23.7M	19.4M	22.1M	26.2M	15.2M
Cash	111.7M	145.1M	168.9M	80.0M	64.8M	48.3M
Non Current Assets Total	367.4M	604.9M	623.2M	715.2M	824.4M	865.6M
Non Currrent Assets Other	355.2M	(598.4M)	(7.3M)	(715.2M)	(1.0)	(1.05)
Other Assets	1.6M	2.2M	1.6M	44.5M	51.2M	53.8M
Long Term Debt	59.2M	193.9M	220.9M	131.8M	124.1M	68.4M
Cash And Short Term Investments	111.7M	145.1M	168.9M	80.0M	64.8M	48.3M
Net Receivables	153.2M	132.7M	137.0M	125.5M	116.1M	101.7M
Good Will	275.4M	469.1M	504.4M	582.8M	663.0M	696.1M
Common Stock Shares Outstanding	15.6M	16.0M	16.1M	16.2M	16.3M	12.1M
Liabilities And Stockholders Equity	636.7M	892.6M	947.6M	938.0M	1.0B	1.1B
Non Current Liabilities Total	73.6M	230.0M	255.6M	173.3M	172.6M	181.2M
Other Current Assets	8.0M	10.0M	18.5M	17.3M	19.1M	11.4M
Total Liab	161.2M	373.9M	373.2M	304.5M	317.7M	333.6M
Total Current Assets	269.4M	287.7M	324.3M	222.8M	200.0M	163.3M
Short Term Debt	728K	971K	9.8M	10.8M	11.3M	11.9M
Intangible Assets	57.1M	71.5M	64.3M	72.2M	92.0M	96.6M
Property Plant Equipment	12.2M	19.7M	18.5M	60.2M	69.2M	72.6M
Other Liab	163K	588K	1.8M	6.1M	7.0M	7.3M
Net Tangible Assets	475.6M	518.7M	574.3M	(21.5M)	(24.7M)	(23.5M)
Retained Earnings Total Equity	97.8M	116.0M	149.2M	194.3M	223.4M	234.6M
Long Term Debt Total	17.2M	59.2M	193.9M	220.9M	254.0M	266.8M
Capital Surpluse	177.7M	359.5M	369.5M	380.0M	437.0M	458.9M

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.

Moving against Addus Stock

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0.81	MMSI	Merit Medical Systems Financial Report 24th of April 2024	Pair Corr
0.79	FIGS	Figs Inc Financial Report 2nd of May 2024	Pair Corr
0.72	INNV	InnovAge Holding Corp Financial Report 14th of May 2024	Pair Corr

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 Correlation Correlation 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:

How To Invest In Addus

Details

Is Addus Stock a good investment?

Details

What is Addus HomeCare'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 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 CEOs Directory module to screen CEOs from public companies around the world.

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

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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.

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Addus Invested Capital vs Enterprise Value Analysis

Invested Capital vs Enterprise Value

Invested Capital vs Enterprise Value Correlation Analysis

Correlation Coefficient

Invested Capital

Enterprise Value

Addus HomeCare fundamental ratios Correlations

Addus HomeCare Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Addus HomeCare fundamental ratios Accounts

Pair Trading with Addus HomeCare

Moving against Addus Stock

Complementary Tools for Addus Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Good Will	+ 1.0	Non Current Assets Total
Total Stockholder Equity	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets

Non Currrent Assets Other	- 0.55	Net Debt
Non Currrent Assets Other	- 0.55	Total Current Liabilities
Other Assets	- 0.54	Non Currrent Assets Other
Non Currrent Assets Other	- 0.52	Short Long Term Debt Total
Long Term Debt	- 0.51	Non Currrent Assets Other
Total Liab	- 0.5	Non Currrent Assets Other