Adapthealth Short Long Term Debt vs Common Stock Total Equity Analysis

AHCO Stock  USD 9.19  0.50  5.16%   
Adapthealth Corp financial indicator trend analysis is way more than just evaluating Adapthealth Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Adapthealth Corp is a good investment. Please check the relationship between Adapthealth Corp Short Long Term Debt and its Common Stock Total Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adapthealth Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Adapthealth Stock, please use our How to Invest in Adapthealth Corp guide.

Short Long Term Debt vs Common Stock Total Equity

Short Long Term Debt vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Adapthealth Corp Short Long Term Debt account and Common Stock Total Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Adapthealth Corp's Short Long Term Debt and Common Stock Total Equity is -0.07. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Adapthealth Corp, assuming nothing else is changed. The correlation between historical values of Adapthealth Corp's Short Long Term Debt and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Adapthealth Corp are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Short Long Term Debt i.e., Adapthealth Corp's Short Long Term Debt and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Long Term Debt

The total of a company’s short-term and long-term borrowings.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Adapthealth Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Adapthealth Corp 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 Adapthealth Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Adapthealth Stock, please use our How to Invest in Adapthealth Corp guide.At this time, Adapthealth Corp's Selling General Administrative is very stable compared to the past year. As of the 10th of May 2024, Enterprise Value Over EBITDA is likely to grow to 5.08, while Discontinued Operations is likely to drop (249.5 K).
 2021 2022 2023 2024 (projected)
Gross Profit445.6M417.4M422.5M225.8M
Total Revenue2.5B3.0B3.2B3.4B

Adapthealth Corp fundamental ratios Correlations

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0.940.960.890.940.9-0.980.94-0.690.940.840.94-0.021.00.940.840.950.93-0.180.930.980.950.930.950.970.91
-0.98-0.99-0.88-0.95-0.95-0.98-0.970.57-0.96-0.85-0.980.0-0.98-0.98-0.85-0.97-0.970.15-0.96-0.97-0.98-0.97-0.98-0.92-0.86
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-0.47-0.54-0.57-0.55-0.38-0.690.57-0.51-0.48-0.41-0.46-0.01-0.69-0.51-0.41-0.54-0.420.12-0.5-0.71-0.49-0.5-0.52-0.84-0.86
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-0.010.0-0.05-0.050.04-0.020.0-0.04-0.01-0.05-0.05-0.01-0.01-0.03-0.050.01-0.010.98-0.03-0.01-0.03-0.04-0.040.030.1
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-0.15-0.14-0.19-0.19-0.08-0.180.15-0.180.12-0.19-0.17-0.140.98-0.17-0.16-0.17-0.13-0.14-0.16-0.17-0.17-0.17-0.18-0.13-0.07
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0.990.990.830.930.980.93-0.971.0-0.50.930.790.99-0.040.910.990.790.990.99-0.171.00.940.990.990.860.81
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Click cells to compare fundamentals

Adapthealth Corp Account Relationship Matchups

Adapthealth Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets227.8M1.8B5.3B5.2B4.6B2.7B
Other Current Liab23.3M202.3M153.6M134.9M195.2M111.6M
Total Current Liabilities52.8M434.8M499.8M456.2M537.0M311.4M
Total Stockholder Equity(73.3M)394.8M2.1B2.2B1.5B982.1M
Other Liab29.3M209.0M380.3M344.0M395.6M415.4M
Net Tangible Assets(290.2M)(696.5M)(1.6B)(1.6B)(1.4B)(1.3B)
Net Debt151.6M707.0M2.2B2.3B2.2B1.2B
Retained Earnings(74.8M)(91.1M)(43.0M)26.3M(652.6M)(620.0M)
Accounts Payable26.5M191.0M248.0M222.5M211.5M141.4M
Cash9.8M100.0M149.6M46.3M77.1M60.3M
Non Current Assets Total169.7M1.5B4.6B4.6B4.0B2.4B
Non Currrent Assets Other2.4M16.5M15.1M18.7M20.1M37.3M
Other Assets34.8M224.9M319.3M300.5M345.5M362.8M
Long Term Debt395.1M776.6M2.2B2.2B2.1B1.2B
Cash And Short Term Investments9.8M100.0M149.6M46.3M77.1M60.3M
Net Receivables27.0M176.6M359.9M359.1M388.9M218.3M
Good Will110.4M1.0B3.5B3.5B2.7B1.7B
Common Stock Total Equity240.6M7.2K9K13K11.7K11.1K
Common Stock Shares Outstanding22.6M52.5M133.0M139.0M134.4M85.5M
Liabilities And Stockholders Equity198.0M1.8B5.3B5.2B4.6B2.7B
Non Current Liabilities Total159.9M996.7M2.7B2.6B2.6B1.4B
Capital Surpluse2.9M11.3M558.5M2.1B2.4B2.5B
Inventory18.2M58.8M123.1M127.8M113.6M71.4M
Other Stockholder Equity73.3M490.2M2.1B2.1B2.1B1.1B
Total Liab212.7M1.4B3.2B3.1B3.2B1.7B
Net Invested Capital382.3M1.2B2.2B2.2B3.6B3.8B
Short Long Term Debt1.7M8.1M20M35M53.4M56.0M
Total Current Assets58.1M372.8M670.1M585.3M649.0M367.2M
Net Working Capital30.5M(58.8M)170.2M129.1M112.0M60.2M
Short Term Debt1.7M30.4M66.9M67.2M91.8M96.3M
Common Stock240.6M7.2K9K13K11.7K11.1K
Property Plant Equipment63.6M110.5M546.3M622.0M715.3M751.1M
Other Current Assets3.2M37.4M37.4M52.1M69.3M36.6M

Pair Trading with Adapthealth Corp

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

Moving against Adapthealth Stock

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The ability to find closely correlated positions to Adapthealth Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adapthealth Corp 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 Adapthealth Corp - 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 Adapthealth Corp to buy it.
The correlation of Adapthealth Corp 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 Adapthealth Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adapthealth Corp 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 Adapthealth Corp 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 Adapthealth Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Adapthealth Corp'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 Adapthealth Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Adapthealth Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adapthealth Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Adapthealth Stock, please use our How to Invest in Adapthealth Corp guide.
Note that the Adapthealth Corp information on this page should be used as a complementary analysis to other Adapthealth Corp'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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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When running Adapthealth Corp's price analysis, check to measure Adapthealth Corp'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 Adapthealth Corp is operating at the current time. Most of Adapthealth Corp's value examination focuses on studying past and present price action to predict the probability of Adapthealth Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adapthealth Corp's price. Additionally, you may evaluate how the addition of Adapthealth Corp to your portfolios can decrease your overall portfolio volatility.
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Is Adapthealth Corp'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 Adapthealth Corp. If investors know Adapthealth 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 Adapthealth Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.27)
Revenue Per Share
24.284
Quarterly Revenue Growth
0.064
Return On Assets
0.0366
Return On Equity
(0.38)
The market value of Adapthealth Corp is measured differently than its book value, which is the value of Adapthealth that is recorded on the company's balance sheet. Investors also form their own opinion of Adapthealth Corp's value that differs from its market value or its book value, called intrinsic value, which is Adapthealth Corp'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 Adapthealth Corp's market value can be influenced by many factors that don't directly affect Adapthealth Corp'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 Adapthealth Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Adapthealth Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adapthealth Corp'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.