Advanced Gross Profit vs Operating Margin Analysis
WMS Stock | USD 156.81 0.10 0.06% |
Advanced Drainage financial indicator trend analysis is way more than just evaluating Advanced Drainage Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Advanced Drainage Systems is a good investment. Please check the relationship between Advanced Drainage Gross Profit and its Operating Profit Margin accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Advanced Drainage Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
Gross Profit vs Operating Profit Margin
Gross Profit vs Operating Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Advanced Drainage Systems Gross Profit account and Operating Margin. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Advanced Drainage's Gross Profit and Operating Margin is 0.85. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Margin in the same time period over historical financial statements of Advanced Drainage Systems, assuming nothing else is changed. The correlation between historical values of Advanced Drainage's Gross Profit and Operating Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Advanced Drainage Systems are associated (or correlated) with its Operating Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Margin has no effect on the direction of Gross Profit i.e., Advanced Drainage's Gross Profit and Operating Margin go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Advanced Drainage Systems minus its cost of goods sold. It is profit before Advanced Drainage operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Operating Profit Margin
Most indicators from Advanced Drainage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Advanced Drainage Systems 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Advanced Drainage Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. At this time, Advanced Drainage's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 181.8 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.07 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 800.4M | 1.1B | 1.3B | 1.4B | Total Revenue | 2.8B | 3.1B | 3.5B | 3.7B |
Advanced Drainage fundamental ratios Correlations
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Advanced Drainage Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Advanced Drainage fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 63.8M | 71.6M | 72.9M | 83.3M | 95.8M | 62.7M | |
Total Assets | 2.4B | 2.4B | 2.6B | 2.9B | 3.3B | 1.7B | |
Short Long Term Debt Total | 1.2B | 841.5M | 944.6M | 1.3B | 1.5B | 1.6B | |
Other Current Liab | 103.2M | 120.9M | 141.7M | 145.5M | 167.3M | 175.6M | |
Total Current Liabilities | 238.2M | 318.3M | 391.2M | 378.8M | 435.6M | 271.2M | |
Total Stockholder Equity | 772.8M | 1.0B | 1.1B | 977.4M | 1.1B | 615.5M | |
Other Liab | (115.2M) | 173.6M | 205.9M | 233.4M | 268.4M | 281.8M | |
Property Plant And Equipment Net | 481.4M | 504.3M | 619.4M | 733.1M | 843.0M | 488.3M | |
Net Debt | 988.0M | 646.5M | 924.5M | 1.1B | 1.3B | 1.3B | |
Retained Earnings | (267.6M) | (75.2M) | 158.9M | 626.2M | 720.1M | 756.2M | |
Accounts Payable | 106.7M | 171.1M | 225.0M | 210.1M | 241.6M | 153.6M | |
Cash | 174.2M | 195.0M | 20.1M | 217.1M | 249.7M | 262.2M | |
Non Current Assets Total | 1.7B | 1.7B | 1.8B | 1.9B | 2.2B | 1.1B | |
Non Currrent Assets Other | 69.1M | 85.5M | 84.2M | 83.7M | 96.3M | 101.1M | |
Other Assets | 24.0M | 85.5M | 116.8M | 72.0M | 82.8M | 45.5M | |
Long Term Debt | 1.1B | 782.2M | 908.7M | 1.3B | 1.5B | 1.5B | |
Cash And Short Term Investments | 174.2M | 195.0M | 20.1M | 217.1M | 249.7M | 262.2M | |
Net Receivables | 200.0M | 236.2M | 341.8M | 306.9M | 353.0M | 222.0M | |
Good Will | 597.8M | 599.1M | 610.3M | 620.2M | 713.2M | 748.9M | |
Common Stock Total Equity | 11.6M | 11.6M | 11.6M | 11.6M | 10.5M | 9.5M | |
Liabilities And Stockholders Equity | 2.4B | 2.4B | 2.6B | 2.9B | 3.3B | 1.7B | |
Non Current Liabilities Total | 1.3B | 1.0B | 1.2B | 1.5B | 1.8B | 1.8B | |
Inventory | 282.4M | 301.0M | 494.3M | 464.0M | 533.6M | 338.3M | |
Other Current Assets | 9.6M | 10.8M | 15.7M | 29.4M | 33.8M | 35.5M | |
Other Stockholder Equity | 794.7M | 896.6M | 746.9M | 213.9M | 245.9M | 304.2M | |
Total Liab | 1.6B | 1.4B | 1.5B | 1.9B | 2.2B | 2.3B | |
Property Plant And Equipment Gross | 506.3M | 535.5M | 1.2B | 1.4B | 1.6B | 1.7B | |
Total Current Assets | 666.2M | 743.0M | 871.9M | 1.0B | 1.2B | 639.6M | |
Accumulated Other Comprehensive Income | (35.3M) | (24.2M) | (24.4M) | (27.6M) | (24.8M) | (26.1M) | |
Treasury Stock | (10.5M) | (11.0M) | (318.7M) | (921.0M) | (1.1B) | (1.0B) | |
Short Term Debt | 28.3M | 26.3M | 24.5M | 23.2M | 26.7M | 30.2M | |
Intangible Assets | 555.3M | 482.0M | 431.4M | 407.6M | 468.8M | 492.2M | |
Common Stock | 11.6M | 11.6M | 11.6M | 11.6M | 10.5M | 9.5M | |
Property Plant Equipment | 481.4M | 504.3M | 619.4M | 783.8M | 901.4M | 495.0M | |
Net Tangible Assets | (380.3M) | (31.4M) | 657.0M | 569.7M | 655.2M | 688.0M | |
Deferred Long Term Liab | 175.6M | 162.2M | 168.4M | 159.1M | 182.9M | 108.1M | |
Short Long Term Debt | 8.0M | 7M | 19.5M | 14.7M | 13.2M | 16.7M | |
Warrants | 247.1M | 229.9M | 195.4M | 153.2M | 176.2M | 167.5M | |
Noncontrolling Interest In Consolidated Entity | 11.8M | 13.7M | 16.6M | 17.5M | 20.1M | 16.7M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Advanced Drainage Systems is a strong investment it is important to analyze Advanced Drainage'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 Advanced Drainage's future performance. For an informed investment choice regarding Advanced Stock, refer to the following important reports:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Advanced Drainage Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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When running Advanced Drainage's price analysis, check to measure Advanced Drainage'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 Advanced Drainage is operating at the current time. Most of Advanced Drainage's value examination focuses on studying past and present price action to predict the probability of Advanced Drainage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advanced Drainage's price. Additionally, you may evaluate how the addition of Advanced Drainage to your portfolios can decrease your overall portfolio volatility.
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Is Advanced Drainage'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 Advanced Drainage. If investors know Advanced 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 Advanced Drainage 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 0.354 | Dividend Share 0.54 | Earnings Share 6.31 | Revenue Per Share 35.932 | Quarterly Revenue Growth 0.011 |
The market value of Advanced Drainage Systems is measured differently than its book value, which is the value of Advanced that is recorded on the company's balance sheet. Investors also form their own opinion of Advanced Drainage's value that differs from its market value or its book value, called intrinsic value, which is Advanced Drainage'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 Advanced Drainage's market value can be influenced by many factors that don't directly affect Advanced Drainage'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 Advanced Drainage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Advanced Drainage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advanced Drainage'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.