ADF Price To Sales Ratio vs Pb Ratio Analysis
DRX Stock | CAD 17.32 0.22 1.25% |
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 Price To Sales Ratio and its Pb Ratio 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.
Price To Sales Ratio vs Pb Ratio
Price To Sales Ratio vs Pb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ADF Group Price To Sales Ratio account and Pb Ratio. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between ADF's Price To Sales Ratio and Pb Ratio is 0.53. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Pb Ratio 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 Price To Sales Ratio and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of ADF Group are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Price To Sales Ratio i.e., ADF's Price To Sales Ratio and Pb Ratio go up and down completely randomly.
Correlation Coefficient | 0.53 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing ADF Group stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on ADF sales, a figure that is much harder to manipulate than other ADF Group 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.Pb Ratio
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 3rd of June 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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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.
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Stocks Directory Find actively traded stocks across global markets | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences |