Archer Tax Provision vs Market Cap Analysis
ADM Stock | USD 54.60 0.23 0.42% |
Archer Daniels financial indicator trend analysis is way more than just evaluating Archer Daniels Midland prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Archer Daniels Midland is a good investment. Please check the relationship between Archer Daniels Tax Provision and its Market Cap accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Archer Daniels Midland. 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.
Tax Provision vs Market Cap
Tax Provision vs Market Cap Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Archer Daniels Midland Tax Provision account and Market Cap. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Archer Daniels' Tax Provision and Market Cap is -0.06. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Market Cap in the same time period over historical financial statements of Archer Daniels Midland, assuming nothing else is changed. The correlation between historical values of Archer Daniels' Tax Provision and Market Cap is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Archer Daniels Midland are associated (or correlated) with its Market Cap. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Market Cap has no effect on the direction of Tax Provision i.e., Archer Daniels' Tax Provision and Market Cap go up and down completely randomly.
Correlation Coefficient | -0.06 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Market Cap
Most indicators from Archer Daniels' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Archer Daniels Midland 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 Archer Daniels Midland. 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. At this time, Archer Daniels' Selling General Administrative is very stable compared to the past year. As of the 1st of December 2024, Enterprise Value Over EBITDA is likely to grow to 8.39, while Tax Provision is likely to drop about 465.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 265M | 396M | 647M | 364.0M | Depreciation And Amortization | 984M | 1.0B | 1.1B | 701.2M |
Archer Daniels fundamental ratios Correlations
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Archer Daniels Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Archer Daniels fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Short Long Term Debt Total | 9.9B | 11.1B | 10.6B | 10.4B | 9.6B | 6.1B | |
Other Current Liab | 2.9B | 10.6B | 12.9B | 4.1B | 10.7B | 11.3B | |
Total Current Liabilities | 13.7B | 18.2B | 21.9B | 24.2B | 18.7B | 19.6B | |
Total Stockholder Equity | 19.2B | 20B | 22.5B | 24.3B | 24.1B | 12.8B | |
Property Plant And Equipment Net | 11.1B | 10.9B | 10.8B | 11.0B | 11.7B | 7.3B | |
Net Debt | 9.0B | 10.4B | 9.6B | 9.3B | 8.2B | 5.2B | |
Retained Earnings | 19.0B | 19.8B | 21.7B | 23.6B | 23.5B | 24.6B | |
Cash | 852M | 666M | 943M | 1.0B | 1.4B | 906.0M | |
Non Current Assets Total | 22.7B | 22.4B | 24.2B | 24.4B | 24.9B | 12.9B | |
Non Currrent Assets Other | 965M | 1.1B | 1.4B | 1.3B | 866M | 1.3B | |
Cash And Short Term Investments | 852M | 666M | 943M | 1.0B | 5.4B | 5.7B | |
Net Receivables | 5.2B | 5.0B | 5.8B | 7.6B | 6.5B | 3.9B | |
Common Stock Shares Outstanding | 567M | 565M | 563M | 566M | 542M | 552.7M | |
Non Current Liabilities Total | 11.0B | 11.4B | 11.4B | 11.0B | 11.5B | 6.8B | |
Inventory | 9.2B | 11.7B | 14.5B | 14.8B | 12.0B | 6.5B | |
Other Current Assets | 167M | 5.9B | 4.2B | 153M | 5.9B | 6.2B | |
Other Stockholder Equity | (41M) | (52M) | 51M | 33M | (7.6B) | (7.2B) | |
Total Liab | 24.7B | 29.6B | 33.4B | 35.2B | 30.2B | 15.3B | |
Property Plant And Equipment Gross | 10.1B | 11.1B | 26.2B | 26.8B | 29.2B | 30.7B | |
Total Current Assets | 21.3B | 27.3B | 31.9B | 35.4B | 29.8B | 15.3B | |
Accumulated Other Comprehensive Income | (2.4B) | (2.6B) | (2.2B) | (2.5B) | (2.5B) | (2.6B) | |
Short Term Debt | 1.4B | 2.3B | 1.8B | 1.7B | 706M | 1.0B | |
Accounts Payable | 3.7B | 4.5B | 6.4B | 7.8B | 6.3B | 3.4B | |
Common Stock Total Equity | 2.7B | 2.8B | 3.0B | 3.1B | 2.8B | 3.7B | |
Short Term Investments | 3M | 61M | 46M | 109M | 7.2B | 7.6B | |
Common Stock | 2.7B | 2.8B | 3.0B | 3.1B | 3.2B | 3.7B | |
Other Liab | 2.5B | 3.6B | 3.4B | 2.4B | 2.8B | 1.6B | |
Other Assets | 965M | (16.1B) | 2.4B | 2.4B | 2.2B | 2.3B | |
Long Term Debt | 7.7B | 7.9B | 8.6B | 8.7B | 8.3B | 6.7B | |
Property Plant Equipment | 10.1B | 10.0B | 9.9B | 9.9B | 11.4B | 8.9B | |
Good Will | 3.4B | 3.5B | 4.2B | 4.2B | 4.1B | 4.3B | |
Intangible Assets | 2.1B | 2.1B | 2.6B | 2.4B | 2.2B | 2.3B | |
Net Tangible Assets | 19.3B | 20.1B | 15.8B | 24.6B | 28.3B | 19.1B | |
Current Deferred Revenue | 5.6B | 7.1B | 9.5B | 10.6B | 626M | 594.7M | |
Retained Earnings Total Equity | 19.0B | 19.8B | 21.7B | 23.6B | 27.2B | 17.2B |
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Is Agricultural Products & Services 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 Archer Daniels. If investors know Archer 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 Archer Daniels 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 (0.42) | Earnings Share 3.56 | Revenue Per Share 171.202 | Quarterly Revenue Growth (0.12) | Return On Assets 0.0342 |
The market value of Archer Daniels Midland is measured differently than its book value, which is the value of Archer that is recorded on the company's balance sheet. Investors also form their own opinion of Archer Daniels' value that differs from its market value or its book value, called intrinsic value, which is Archer Daniels' 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 Archer Daniels' market value can be influenced by many factors that don't directly affect Archer Daniels' 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 Archer Daniels' value and its price as these two are different measures arrived at by different means. Investors typically determine if Archer Daniels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Archer Daniels' 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.