ADF Pb Ratio vs Dividend Yield Analysis
DRX Stock | CAD 16.59 0.54 3.36% |
ADF financial indicator trend analysis is way more than just evaluating ADF Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ADF Group is a good investment. Please check the relationship between ADF Pb Ratio and its Dividend Yield accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ADF Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Pb Ratio vs Dividend Yield
Pb Ratio vs Dividend Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ADF Group Pb Ratio account and Dividend Yield. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between ADF's Pb Ratio and Dividend Yield is -0.36. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of ADF Group, assuming nothing else is changed. The correlation between historical values of ADF's Pb Ratio and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of ADF Group are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Pb Ratio i.e., ADF's Pb Ratio and Dividend Yield go up and down completely randomly.
Correlation Coefficient | -0.36 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Pb Ratio
Dividend Yield
Dividend Yield is ADF Group dividend as a percentage of ADF stock price. ADF Group dividend yield is a measure of ADF stock productivity, which can be interpreted as interest rate earned on an ADF 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 indicators from ADF's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ADF Group 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ADF Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. As of the 24th of May 2024, Tax Provision is likely to grow to about 9.2 M, while Selling General Administrative is likely to drop about 12.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 24.7M | 35.6M | 72.9M | 76.6M | Total Revenue | 280.7M | 250.9M | 331.0M | 347.6M |
ADF fundamental ratios Correlations
Click cells to compare fundamentals
ADF Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ADF fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 173.5M | 190.0M | 201.1M | 271.6M | 328.6M | 183.3M | |
Short Long Term Debt Total | 40.2M | 25.6M | 36.7M | 51.5M | 46.4M | 27.6M | |
Other Current Liab | 15.8M | 47.2M | 19.6M | 22.4M | 20.1M | 17.2M | |
Total Current Liabilities | 50.6M | 62.0M | 52.4M | 88.8M | 105.5M | 110.7M | |
Total Stockholder Equity | 94.4M | 99.6M | 108.5M | 125.0M | 162.1M | 99.3M | |
Property Plant And Equipment Net | 88.8M | 84.7M | 105.2M | 112.2M | 107.8M | 72.7M | |
Net Debt | 36.2M | 7.8M | 29.5M | 44.3M | 39.9M | 41.9M | |
Retained Earnings | 12.9M | 19.1M | 28.0M | 42.3M | 79.3M | 83.2M | |
Accounts Payable | 15.4M | 12.1M | 14.8M | 18.8M | 24.4M | 13.1M | |
Non Current Assets Total | 93.6M | 89.4M | 109.9M | 117.2M | 113.0M | 83.6M | |
Non Currrent Assets Other | 1.4M | 1.4M | 1.4M | 1.4M | 1.1M | 997.5K | |
Net Receivables | 66.5M | 70.6M | 72.0M | 134.2M | 63.1M | 43.3M | |
Liabilities And Stockholders Equity | 173.5M | 190.0M | 201.1M | 271.6M | 244.5M | 127.8M | |
Non Current Liabilities Total | 28.5M | 28.3M | 40.2M | 57.9M | 61.0M | 64.0M | |
Inventory | 7.9M | 7.0M | 9.7M | 10.7M | 13.5M | 8.4M | |
Other Current Assets | 11.6M | 10.8M | 2.3M | 2.3M | 3.7M | 3.5M | |
Total Liab | 79.1M | 90.4M | 92.6M | 146.6M | 166.5M | 174.8M | |
Property Plant And Equipment Gross | 88.8M | 144.4M | 162.7M | 173.0M | 172.8M | 181.4M | |
Total Current Assets | 80.0M | 100.6M | 91.1M | 154.4M | 215.6M | 226.4M | |
Cash | 4.0M | 17.8M | 7.1M | 7.2M | 72.4M | 76.0M | |
Cash And Short Term Investments | 4.0M | 17.8M | 7.1M | 7.2M | 6.5M | 9.2M | |
Accumulated Other Comprehensive Income | 6.9M | 5.9M | 5.9M | 8.1M | 9.3M | 9.8M | |
Intangible Assets | 3.4M | 3.3M | 3.4M | 3.6M | 3.9M | 2.6M | |
Short Term Debt | 16.1M | 3.0M | 4.2M | 3.1M | 2.8M | 2.6M | |
Current Deferred Revenue | 3.4M | 23.3M | 13.8M | 44.5M | 51.2M | 53.8M | |
Other Liab | 4.4M | 5.8M | 7.7M | 9.4M | 10.8M | 11.3M | |
Net Tangible Assets | 91.1M | 96.3M | 105.1M | 121.3M | 139.5M | 110.8M | |
Other Assets | 1.4M | 1.4M | 1.4M | 1.4M | 1.2M | 1.2M | |
Long Term Debt | 19.2M | 18.4M | 28.7M | 44.9M | 42.1M | 25.0M | |
Short Long Term Debt | 14.1M | 8.9M | 15.0M | 1.9M | 2.2M | 2.1M | |
Property Plant Equipment | 88.8M | 84.7M | 105.2M | 112.2M | 129.1M | 99.1M | |
Long Term Debt Total | 24.1M | 22.5M | 32.5M | 48.5M | 55.7M | 29.0M | |
Cash And Equivalents | 4.0M | 17.8M | 7.1M | 7.2M | 8.3M | 7.2M | |
Net Invested Capital | 128.6M | 119.8M | 137.2M | 169.9M | 204.3M | 161.3M | |
Net Working Capital | 29.3M | 38.5M | 38.7M | 65.6M | 110.1M | 115.6M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ADF Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for ADF Stock analysis
When running ADF's price analysis, check to measure ADF'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 ADF is operating at the current time. Most of ADF's value examination focuses on studying past and present price action to predict the probability of ADF's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ADF's price. Additionally, you may evaluate how the addition of ADF to your portfolios can decrease your overall portfolio volatility.
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Stocks Directory Find actively traded stocks across global markets | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |