Advanced Drainage Debt to Equity vs. Shares Owned by Insiders

WMS Stock  USD 171.44  3.64  2.17%   
Based on the measurements of profitability obtained from Advanced Drainage's financial statements, Advanced Drainage Systems is performing exceptionally good at this time. It has a great probability to showcase excellent profitability results in April. Profitability indicators assess Advanced Drainage's ability to earn profits and add value for shareholders. At this time, Advanced Drainage's Operating Cash Flow Sales Ratio is comparatively stable compared to the past year. Days Of Sales Outstanding is likely to gain to 52.01 in 2024, whereas Price To Sales Ratio is likely to drop 1.15 in 2024. At this time, Advanced Drainage's Operating Income is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 793.4 M in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (53.2 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.190.33
Way Down
Slightly volatile
For Advanced Drainage profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Advanced Drainage to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Advanced Drainage Systems utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Advanced Drainage's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Advanced Drainage Systems over time as well as its relative position and ranking within its peers.
  
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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
6.29
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.

Advanced Drainage Systems Shares Owned by Insiders vs. Debt to Equity Fundamental Analysis

Advanced Shares Owned by Insiders vs. Debt to Equity

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Use Advanced Drainage in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Advanced Drainage position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Advanced Drainage will appreciate offsetting losses from the drop in the long position's value.

Advanced Drainage Pair Trading

Advanced Drainage Systems Pair Trading Analysis

The ability to find closely correlated positions to Advanced Drainage could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Advanced Drainage when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Advanced Drainage - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Advanced Drainage Systems to buy it.
The correlation of Advanced Drainage is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Advanced Drainage moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Advanced Drainage Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Advanced Drainage can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Advanced Drainage position

In addition to having Advanced Drainage in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Banks Thematic Idea Now

Banks
Banks Theme
Large and small money and credit banks and credit services. The Banks theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Banks Theme or any other thematic opportunities.
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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:
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You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Complementary Tools for Advanced Stock analysis

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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To fully project Advanced Drainage's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Advanced Drainage Systems at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Advanced Drainage's income statement, its balance sheet, and the statement of cash flows.
Potential Advanced Drainage investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Advanced Drainage investors may work on each financial statement separately, they are all related. The changes in Advanced Drainage's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Advanced Drainage's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.