ADF Property Plant And Equipment Gross vs Non Currrent Assets Other Analysis
DRX Stock | CAD 17.77 0.87 5.15% |
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 Property Plant And Equipment Gross and its Non Currrent Assets Other 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.
Property Plant And Equipment Gross vs Non Currrent Assets Other
Property Plant And Equipment Gross vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ADF Group Property Plant And Equipment Gross account and Non Currrent Assets Other. At this time, the significance of the direction appears to have pay attention.
The correlation between ADF's Property Plant And Equipment Gross and Non Currrent Assets Other is -0.73. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Non Currrent Assets Other 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 Property Plant And Equipment Gross and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of ADF Group are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Property Plant And Equipment Gross i.e., ADF's Property Plant And Equipment Gross and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | -0.73 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Property Plant And Equipment Gross
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.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 closely tied with the direction of predictive economic indicators such as signals in board of governors. As of the 15th 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
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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 |
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Balance Sheet is a snapshot of the financial position of ADF Group at a specified time, usually calculated after every quarter, six months, or one year. ADF Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ADF and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which ADF currently owns. An asset can also be divided into two categories, current and non-current.