Advantage Total Assets vs Total Liab Analysis

ADV Stock  USD 3.56  0.05  1.42%   
Advantage Solutions financial indicator trend analysis is way more than just evaluating Advantage Solutions prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Advantage Solutions is a good investment. Please check the relationship between Advantage Solutions Total Assets and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advantage Solutions. 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 more information on how to buy Advantage Stock please use our How to Invest in Advantage Solutions guide.

Total Assets vs Total Liab

Total Assets vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Advantage Solutions Total Assets account and Total Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Advantage Solutions' Total Assets and Total Liab is 0.86. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Liab in the same time period over historical financial statements of Advantage Solutions, assuming nothing else is changed. The correlation between historical values of Advantage Solutions' Total Assets and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Advantage Solutions are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Assets i.e., Advantage Solutions' Total Assets and Total Liab go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Total Assets

Total assets refers to the total amount of Advantage Solutions 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 Advantage Solutions 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.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Advantage Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Advantage Solutions 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 Advantage Solutions. 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 more information on how to buy Advantage Stock please use our How to Invest in Advantage Solutions guide.Enterprise Value is likely to climb to about 4.1 B in 2024, whereas Selling General Administrative is likely to drop slightly above 248.2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit638.2M556.6M564.4M620.6M
Total Revenue3.6B4.0B4.2B3.6B

Advantage Solutions fundamental ratios Correlations

0.72-0.69-0.490.6-0.03-0.090.720.89-0.49-0.090.96-0.62-0.14-0.530.96-0.650.82-0.51-0.89-0.590.86-0.55-0.540.210.79
0.72-0.79-0.39-0.040.42-0.050.990.57-0.370.080.65-0.410.04-0.260.61-0.780.83-0.56-0.78-0.840.9-0.21-0.320.350.52
-0.69-0.790.810.070.110.48-0.84-0.770.790.41-0.780.410.440.71-0.580.62-0.930.870.830.91-0.910.670.770.05-0.81
-0.49-0.390.810.090.640.88-0.48-0.810.980.81-0.70.290.830.96-0.360.42-0.810.890.720.53-0.70.910.980.53-0.9
0.6-0.040.070.09-0.110.31-0.070.420.040.230.51-0.510.19-0.130.73-0.070.070.12-0.250.120.11-0.22-0.060.280.27
-0.030.420.110.64-0.110.760.32-0.430.620.87-0.25-0.010.860.720.02-0.22-0.150.340.17-0.23-0.010.720.690.81-0.52
-0.09-0.050.480.880.310.76-0.15-0.510.860.87-0.330.120.850.840.040.13-0.480.740.380.21-0.350.750.840.77-0.63
0.720.99-0.84-0.48-0.070.32-0.150.63-0.45-0.040.69-0.4-0.07-0.350.6-0.790.88-0.63-0.82-0.860.93-0.3-0.410.250.59
0.890.57-0.77-0.810.42-0.43-0.510.63-0.8-0.510.97-0.55-0.55-0.840.81-0.570.89-0.73-0.92-0.550.86-0.83-0.85-0.190.97
-0.49-0.370.790.980.040.620.86-0.45-0.80.75-0.70.370.760.98-0.380.45-0.780.920.680.51-0.670.940.980.44-0.89
-0.090.080.410.810.230.870.87-0.04-0.510.75-0.33-0.091.00.760.040.0-0.430.560.370.1-0.30.730.80.84-0.64
0.960.65-0.78-0.70.51-0.25-0.330.690.97-0.7-0.33-0.61-0.37-0.740.91-0.660.89-0.68-0.91-0.60.88-0.75-0.750.00.92
-0.62-0.410.410.29-0.51-0.010.12-0.4-0.550.37-0.09-0.61-0.080.41-0.740.46-0.450.560.380.41-0.460.390.37-0.19-0.42
-0.140.040.440.830.190.860.85-0.07-0.550.761.0-0.37-0.080.77-0.010.03-0.470.560.420.13-0.340.750.810.82-0.68
-0.53-0.260.710.96-0.130.720.84-0.35-0.840.980.76-0.740.410.77-0.450.41-0.730.860.670.39-0.620.980.990.48-0.91
0.960.61-0.58-0.360.730.020.040.60.81-0.380.040.91-0.74-0.01-0.45-0.610.69-0.43-0.75-0.510.73-0.49-0.450.290.69
-0.65-0.780.620.42-0.07-0.220.13-0.79-0.570.450.0-0.660.460.030.41-0.61-0.740.590.670.49-0.760.410.41-0.32-0.56
0.820.83-0.93-0.810.07-0.15-0.480.880.89-0.78-0.430.89-0.45-0.47-0.730.69-0.74-0.82-0.95-0.790.99-0.69-0.78-0.090.9
-0.51-0.560.870.890.120.340.74-0.63-0.730.920.56-0.680.560.560.86-0.430.59-0.820.660.68-0.740.80.870.24-0.78
-0.89-0.780.830.72-0.250.170.38-0.82-0.920.680.37-0.910.380.420.67-0.750.67-0.950.660.67-0.960.650.710.02-0.89
-0.59-0.840.910.530.12-0.230.21-0.86-0.550.510.1-0.60.410.130.39-0.510.49-0.790.680.67-0.810.330.46-0.14-0.54
0.860.9-0.91-0.70.11-0.01-0.350.930.86-0.67-0.30.88-0.46-0.34-0.620.73-0.760.99-0.74-0.96-0.81-0.58-0.670.040.84
-0.55-0.210.670.91-0.220.720.75-0.3-0.830.940.73-0.750.390.750.98-0.490.41-0.690.80.650.33-0.580.970.41-0.91
-0.54-0.320.770.98-0.060.690.84-0.41-0.850.980.8-0.750.370.810.99-0.450.41-0.780.870.710.46-0.670.970.5-0.93
0.210.350.050.530.280.810.770.25-0.190.440.840.0-0.190.820.480.29-0.32-0.090.240.02-0.140.040.410.5-0.31
0.790.52-0.81-0.90.27-0.52-0.630.590.97-0.89-0.640.92-0.42-0.68-0.910.69-0.560.9-0.78-0.89-0.540.84-0.91-0.93-0.31
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Advantage Solutions Account Relationship Matchups

Advantage Solutions fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab213.3M256.4M301.5M282.8M292.6M247.4M
Total Current Liabilities518.1M575.0M645.5M600.7M541.3M543.4M
Retained Earnings(745.3M)(907.7M)(866.6M)(2.2B)(2.3B)(2.2B)
Accounts Payable179.4M171.5M253.4M237.7M181.1M185.1M
Net Receivables695.0M595.3M804.2M883.0M714.2M705.8M
Common Stock Shares Outstanding56.3M223.2M318.2M318.7M323.7M254.6M
Inventory25.2M44.2M70.7M78.3M29.7M37.4M
Other Current Assets8.2M56.0M60.6M75.0M125.3M131.6M
Other Stockholder Equity2.3B3.3B3.4B3.4B3.4B2.6B
Total Current Assets952.5M899.8M1.1B1.2B1.0B953.5M
Other Liab565.5M587.5M557.1M353.0M317.7M438.0M
Net Tangible Assets(3.1B)(2.2B)(2.0B)(1.7B)(1.9B)(2.0B)
Other Assets22.6M16.2M9.9M10.3M1.00.95
Property Plant Equipment208.6M80.0M63.7M70.9M63.8M85.0M

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