Advanced Payout Ratio vs Total Assets 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 Payout Ratio and its Total Assets 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.

Payout Ratio vs Total Assets

Payout Ratio vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Advanced Drainage Systems Payout Ratio account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Advanced Drainage's Payout Ratio and Total Assets is -0.27. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Total Assets 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 Payout Ratio and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Advanced Drainage Systems are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Payout Ratio i.e., Advanced Drainage's Payout Ratio and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.27

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Payout Ratio

Payout Ratio is the proportion of Advanced Drainage Systems earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Advanced Drainage Systems dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Advanced Drainage Systems is paying out more in dividends than it makes in net income.

Total Assets

Total assets refers to the total amount of Advanced Drainage assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Advanced Drainage Systems books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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

Gross Profit Total Revenue

Advanced Drainage fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross
Common Stock Shares Outstanding		0.78	0.64	0.67	0.8	0.78	0.57	0.81	0.62	0.52	0.7	0.63	0.76	0.73	0.63	0.62	0.63	0.77	0.69	-0.41	0.64	0.71	0.42	0.47	0.66	0.66
Total Assets	0.78		0.85	0.85	0.93	0.96	0.85	0.95	0.85	0.52	0.83	0.79	1.0	0.88	0.83	0.85	0.79	0.93	0.91	-0.47	0.86	0.88	0.55	0.68	0.87	0.78
Short Long Term Debt Total	0.64	0.85		0.92	0.77	0.77	0.9	0.83	0.99	0.73	0.68	0.93	0.85	0.9	0.62	1.0	0.93	0.77	0.96	-0.77	1.0	0.75	0.75	0.52	1.0	0.91
Other Current Liab	0.67	0.85	0.92		0.8	0.86	0.9	0.83	0.91	0.72	0.68	0.85	0.84	0.92	0.72	0.91	0.85	0.84	0.94	-0.8	0.92	0.79	0.63	0.6	0.93	0.9
Total Current Liabilities	0.8	0.93	0.77	0.8		0.92	0.74	0.97	0.78	0.59	0.9	0.68	0.91	0.87	0.89	0.76	0.68	0.97	0.83	-0.46	0.78	0.93	0.55	0.58	0.81	0.82
Total Stockholder Equity	0.78	0.96	0.77	0.86	0.92		0.83	0.9	0.77	0.45	0.77	0.73	0.96	0.9	0.87	0.76	0.73	0.93	0.89	-0.48	0.78	0.83	0.4	0.78	0.8	0.72
Other Liab	0.57	0.85	0.9	0.9	0.74	0.83		0.75	0.9	0.64	0.69	0.83	0.86	0.81	0.75	0.92	0.83	0.77	0.94	-0.66	0.91	0.71	0.58	0.59	0.91	0.8
Property Plant And Equipment Net	0.81	0.95	0.83	0.83	0.97	0.9	0.75		0.83	0.66	0.84	0.75	0.92	0.86	0.78	0.81	0.75	0.96	0.83	-0.53	0.82	0.93	0.59	0.51	0.84	0.85
Net Debt	0.62	0.85	0.99	0.91	0.78	0.77	0.9	0.83		0.73	0.7	0.89	0.84	0.89	0.64	0.99	0.89	0.79	0.95	-0.75	0.99	0.78	0.76	0.51	0.99	0.93
Retained Earnings	0.52	0.52	0.73	0.72	0.59	0.45	0.64	0.66	0.73		0.63	0.65	0.47	0.57	0.45	0.74	0.65	0.62	0.6	-0.73	0.72	0.68	0.79	-0.07	0.74	0.88
Accounts Payable	0.7	0.83	0.68	0.68	0.9	0.77	0.69	0.84	0.7	0.63		0.56	0.8	0.71	0.9	0.7	0.56	0.89	0.72	-0.34	0.7	0.91	0.71	0.38	0.73	0.79
Cash	0.63	0.79	0.93	0.85	0.68	0.73	0.83	0.75	0.89	0.65	0.56		0.79	0.86	0.5	0.92	1.0	0.64	0.9	-0.75	0.93	0.58	0.67	0.52	0.92	0.78
Non Current Assets Total	0.76	1.0	0.85	0.84	0.91	0.96	0.86	0.92	0.84	0.47	0.8	0.79		0.88	0.82	0.84	0.79	0.91	0.92	-0.45	0.86	0.84	0.5	0.73	0.86	0.74
Non Currrent Assets Other	0.73	0.88	0.9	0.92	0.87	0.9	0.81	0.86	0.89	0.57	0.71	0.86	0.88		0.75	0.88	0.86	0.84	0.95	-0.71	0.9	0.77	0.59	0.75	0.92	0.85
Other Assets	0.63	0.83	0.62	0.72	0.89	0.87	0.75	0.78	0.64	0.45	0.9	0.5	0.82	0.75		0.63	0.5	0.9	0.76	-0.31	0.65	0.85	0.46	0.63	0.68	0.7
Long Term Debt	0.62	0.85	1.0	0.91	0.76	0.76	0.92	0.81	0.99	0.74	0.7	0.92	0.84	0.88	0.63		0.92	0.77	0.95	-0.75	1.0	0.75	0.76	0.5	0.99	0.91
Cash And Short Term Investments	0.63	0.79	0.93	0.85	0.68	0.73	0.83	0.75	0.89	0.65	0.56	1.0	0.79	0.86	0.5	0.92		0.64	0.9	-0.75	0.93	0.58	0.67	0.52	0.92	0.78
Net Receivables	0.77	0.93	0.77	0.84	0.97	0.93	0.77	0.96	0.79	0.62	0.89	0.64	0.91	0.84	0.9	0.77	0.64		0.83	-0.49	0.78	0.97	0.56	0.57	0.81	0.84
Good Will	0.69	0.91	0.96	0.94	0.83	0.89	0.94	0.83	0.95	0.6	0.72	0.9	0.92	0.95	0.76	0.95	0.9	0.83		-0.7	0.96	0.76	0.63	0.72	0.97	0.86
Common Stock Total Equity	-0.41	-0.47	-0.77	-0.8	-0.46	-0.48	-0.66	-0.53	-0.75	-0.73	-0.34	-0.75	-0.45	-0.71	-0.31	-0.75	-0.75	-0.49	-0.7		-0.75	-0.44	-0.56	-0.29	-0.76	-0.77
Non Current Liabilities Total	0.64	0.86	1.0	0.92	0.78	0.78	0.91	0.82	0.99	0.72	0.7	0.93	0.86	0.9	0.65	1.0	0.93	0.78	0.96	-0.75		0.76	0.76	0.54	1.0	0.91
Inventory	0.71	0.88	0.75	0.79	0.93	0.83	0.71	0.93	0.78	0.68	0.91	0.58	0.84	0.77	0.85	0.75	0.58	0.97	0.76	-0.44	0.76		0.67	0.41	0.78	0.86
Other Current Assets	0.42	0.55	0.75	0.63	0.55	0.4	0.58	0.59	0.76	0.79	0.71	0.67	0.5	0.59	0.46	0.76	0.67	0.56	0.63	-0.56	0.76	0.67		0.05	0.76	0.81
Other Stockholder Equity	0.47	0.68	0.52	0.6	0.58	0.78	0.59	0.51	0.51	-0.07	0.38	0.52	0.73	0.75	0.63	0.5	0.52	0.57	0.72	-0.29	0.54	0.41	0.05		0.55	0.34
Total Liab	0.66	0.87	1.0	0.93	0.81	0.8	0.91	0.84	0.99	0.74	0.73	0.92	0.86	0.92	0.68	0.99	0.92	0.81	0.97	-0.76	1.0	0.78	0.76	0.55		0.93
Property Plant And Equipment Gross	0.66	0.78	0.91	0.9	0.82	0.72	0.8	0.85	0.93	0.88	0.79	0.78	0.74	0.85	0.7	0.91	0.78	0.84	0.86	-0.77	0.91	0.86	0.81	0.34	0.93

Click cells to compare fundamentals

Advanced Drainage Account Relationship Matchups

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

Advanced Drainage Investors Sentiment

The influence of Advanced Drainage's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Advanced. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Advanced Drainage's public news can be used to forecast risks associated with an investment in Advanced. The trend in average sentiment can be used to explain how an investor holding Advanced can time the market purely based on public headlines and social activities around Advanced Drainage Systems. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Advanced Drainage's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Advanced Drainage's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Advanced Drainage's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Advanced Drainage.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Advanced Drainage in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Advanced Drainage's short interest history, or implied volatility extrapolated from Advanced Drainage options trading.

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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.

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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:

How To Invest In Advanced

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Is Advanced Stock a good investment?

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What is Advanced Drainage's Net Worth?

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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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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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.

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Advanced Payout Ratio vs Total Assets Analysis

Payout Ratio vs Total Assets

Payout Ratio vs Total Assets Correlation Analysis

Correlation Coefficient

Payout Ratio

Total Assets

Advanced Drainage fundamental ratios Correlations

Advanced Drainage Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Advanced Drainage fundamental ratios Accounts

Advanced Drainage Investors Sentiment

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 1.0	Long Term Debt

Common Stock Total Equity	- 0.8	Other Current Liab
Property Plant And Equipment Gross	- 0.77	Common Stock Total Equity
Common Stock Total Equity	- 0.77	Short Long Term Debt Total
Total Liab	- 0.76	Common Stock Total Equity
Non Current Liabilities Total	- 0.75	Common Stock Total Equity
Common Stock Total Equity	- 0.75	Cash And Short Term Investments