Agree Minority Interest vs Income Before Tax Analysis
ADC Stock | USD 76.80 0.85 1.09% |
Agree Realty financial indicator trend analysis is way more than just evaluating Agree Realty prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Agree Realty is a good investment. Please check the relationship between Agree Realty Minority Interest and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agree Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Agree Stock refer to our How to Trade Agree Stock guide.
Minority Interest vs Income Before Tax
Minority Interest vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Agree Realty Minority Interest account and Income Before Tax. At this time, the significance of the direction appears to have pay attention.
The correlation between Agree Realty's Minority Interest and Income Before Tax is -0.78. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Agree Realty, assuming nothing else is changed. The correlation between historical values of Agree Realty's Minority Interest and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Agree Realty are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Minority Interest i.e., Agree Realty's Minority Interest and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.78 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Agree Realty whose combined shares represent less than 50% of the total outstanding shares issued by Agree Realty have a minority interest in Agree Realty.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Agree Realty income statement and is an important metric when analyzing Agree Realty profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most indicators from Agree Realty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Agree Realty 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Agree Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Agree Stock refer to our How to Trade Agree Stock guide.At present, Agree Realty's Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 857.5 M, whereas Tax Provision is forecasted to decline to about 1.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 298.3M | 377.5M | 297.8M | 312.7M | Total Revenue | 363.6M | 463.2M | 537.5M | 564.4M |
Agree Realty fundamental ratios Correlations
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Agree Realty Account Relationship Matchups
High Positive Relationship
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Agree Realty fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.7B | 3.9B | 5.2B | 6.7B | 7.8B | 8.2B | |
Short Long Term Debt Total | 872.3M | 1.2B | 1.7B | 3.8B | 2.4B | 2.1B | |
Total Stockholder Equity | 1.7B | 2.5B | 3.4B | 4.6B | 5.2B | 5.5B | |
Net Debt | 856.7M | 1.2B | 1.6B | 1.9B | 2.4B | 2.5B | |
Retained Earnings | (57.1M) | (91.3M) | (147.4M) | (228.1M) | (346.5M) | (329.1M) | |
Non Current Assets Total | 2.6B | 3.8B | 5.1B | 6.6B | 7.7B | 8.1B | |
Non Currrent Assets Other | 2.2B | 3.4B | 4.4B | 17.0M | 16.1M | 15.3M | |
Other Assets | 357.2M | 3.8B | 5.1B | 5.8B | 6.7B | 7.0B | |
Cash And Short Term Investments | 15.6M | 6.1M | 43.3M | 27.8M | 10.9M | 10.8M | |
Common Stock Shares Outstanding | 41.2M | 52.4M | 67.1M | 79.2M | 95.4M | 100.2M | |
Liabilities And Stockholders Equity | 2.7B | 3.9B | 5.2B | 6.7B | 7.8B | 8.2B | |
Non Current Liabilities Total | 899.0M | 1.3B | 1.7B | 2.0B | 2.4B | 2.6B | |
Other Stockholder Equity | 1.8B | 2.7B | 3.4B | 4.7B | 5.4B | 5.6B | |
Total Liab | 973.0M | 1.4B | 1.8B | 2.1B | 2.6B | 2.7B | |
Total Current Assets | 72.7M | 47.0M | 104.4M | 94.8M | 101.1M | 106.2M | |
Other Current Liab | (64.0M) | 816.1M | 1.5B | (1.8B) | 30.8M | 32.3M | |
Total Current Liabilities | 74.0M | 105.9M | 86.9M | 106.1M | 89.3M | 93.8M | |
Accounts Payable | 49.0M | 71.4M | 70.0M | 83.7M | 52.0M | 54.6M | |
Cash | 15.6M | 6.1M | 43.3M | 27.8M | 10.9M | 11.2M | |
Net Receivables | 26.8M | 37.8M | 53.4M | 65.8M | 83.0M | 87.1M | |
Common Stock Total Equity | 5K | 6K | 7K | 9K | 10.4K | 10.9K | |
Accumulated Other Comprehensive Income | (6.5M) | (36.3M) | (5.5M) | 23.6M | 16.6M | 17.4M | |
Common Stock | 5K | 6K | 7K | 9K | 10K | 10.5K | |
Short Term Debt | 89M | 998K | 850K | 1.8B | 6.6M | 6.2M | |
Other Liab | 21.8M | 29.5M | 33.1M | 49.2M | 56.6M | 59.4M | |
Long Term Debt | 783.3M | 1.1B | 1.5B | 1.9B | 2.4B | 2.5B | |
Other Current Assets | 26.6M | 3.0M | 7.7M | (94.8M) | 7.3M | 7.6M | |
Inventory | 3.8M | 48.8M | 106.4M | 95.9M | 110.3M | 115.8M | |
Intangible Assets | 343.5M | 473.6M | 672.0M | 799.4M | 854.1M | 896.8M | |
Net Tangible Assets | 1.3B | 2.1B | 3.2B | 3.7B | 4.2B | 4.4B | |
Noncontrolling Interest In Consolidated Entity | 2.2M | 1.8M | 1.6M | 1.4M | 1.3M | 1.8M | |
Retained Earnings Total Equity | (57.1M) | (91.3M) | (147.4M) | (228.1M) | (205.3M) | (195.1M) | |
Long Term Debt Total | 783.3M | 1.1B | 1.5B | 1.9B | 2.2B | 2.3B | |
Capital Surpluse | 1.8B | 2.7B | 3.4B | 4.7B | 5.4B | 5.6B | |
Deferred Long Term Liab | 343.5M | 473.6M | 672.0M | 799.4M | 919.4M | 965.3M |
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 Agree Realty offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Agree Realty's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Agree Realty Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agree Realty Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agree Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Agree Stock refer to our How to Trade Agree Stock guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Retail REITs space 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 Agree Realty. If investors know Agree 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 Agree Realty 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 0.032 | Dividend Share 2.982 | Earnings Share 1.81 | Revenue Per Share 5.985 | Quarterly Revenue Growth 0.128 |
The market value of Agree Realty is measured differently than its book value, which is the value of Agree that is recorded on the company's balance sheet. Investors also form their own opinion of Agree Realty's value that differs from its market value or its book value, called intrinsic value, which is Agree Realty'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 Agree Realty's market value can be influenced by many factors that don't directly affect Agree Realty'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 Agree Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Agree Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agree Realty'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.