Adams Total Assets vs Capital Surpluse Analysis
AE Stock | USD 37.35 0.04 0.11% |
Adams Resources financial indicator trend analysis is way more than just evaluating Adams Resources Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Adams Resources Energy is a good investment. Please check the relationship between Adams Resources Total Assets and its Capital Surpluse accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adams Resources Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Total Assets vs Capital Surpluse
Total Assets vs Capital Surpluse Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Adams Resources Energy Total Assets account and Capital Surpluse. At this time, the significance of the direction appears to have very week relationship.
The correlation between Adams Resources' Total Assets and Capital Surpluse is 0.26. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Adams Resources Energy, assuming nothing else is changed. The correlation between historical values of Adams Resources' Total Assets and Capital Surpluse 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 Adams Resources Energy are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Total Assets i.e., Adams Resources' Total Assets and Capital Surpluse go up and down completely randomly.
Correlation Coefficient | 0.26 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Assets
Total assets refers to the total amount of Adams Resources 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 Adams Resources Energy 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.Capital Surpluse
Most indicators from Adams Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Adams Resources Energy 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 Adams Resources Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At present, Adams Resources' Enterprise Value Multiple is projected to increase slightly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 746K | 1.3M | 3.4M | 3.6M | Depreciation And Amortization | 20.6M | 23.9M | 27.9M | 29.3M |
Adams Resources fundamental ratios Correlations
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Adams Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Adams Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 330.8M | 296.2M | 374.7M | 384.2M | 361.3M | 238.4M | |
Short Long Term Debt Total | 16.1M | 23.7M | 20.5M | 48.6M | 53.6M | 56.3M | |
Other Current Liab | 7.3M | 16.2M | 5.6M | 10.2M | 4.7M | 9.2M | |
Total Current Liabilities | 159.6M | 114.5M | 186.0M | 231.1M | 210.8M | 147.9M | |
Total Stockholder Equity | 151.6M | 149.1M | 160.4M | 93.2M | 92.7M | 75.1M | |
Property Plant And Equipment Net | 78.6M | 102.2M | 95.1M | 114.1M | 110.9M | 116.4M | |
Net Debt | (96.9M) | (15.6M) | (77.4M) | 28.0M | 20.3M | 21.4M | |
Retained Earnings | 138.4M | 135.3M | 143.0M | 73.0M | 70.7M | 62.3M | |
Cash | 113.0M | 39.3M | 97.8M | 20.5M | 33.3M | 35.6M | |
Non Current Assets Total | 83.5M | 108.7M | 101.5M | 134.0M | 128.9M | 135.3M | |
Non Currrent Assets Other | 3.3M | 2.4M | 3.0M | 3.7M | 3.3M | 3.0M | |
Cash And Short Term Investments | 113.0M | 39.3M | 97.8M | 20.5M | 33.3M | 35.6M | |
Net Receivables | 97.1M | 113.1M | 144.2M | 189.0M | 164.3M | 133.2M | |
Common Stock Shares Outstanding | 4.2M | 4.3M | 4.3M | 4.1M | 2.6M | 4.5M | |
Liabilities And Stockholders Equity | 330.8M | 296.2M | 374.7M | 384.2M | 361.3M | 238.4M | |
Non Current Liabilities Total | 19.6M | 32.5M | 28.3M | 59.9M | 57.8M | 60.7M | |
Inventory | 26.4M | 19.3M | 18.9M | 26.9M | 19.8M | 13.1M | |
Other Current Assets | 1.6M | 15.8M | 12.2M | 13.7M | 15.1M | 14.3M | |
Other Stockholder Equity | 12.8M | 13.3M | 16.9M | 20.0M | 21.8M | 20.7M | |
Total Liab | 179.2M | 147.1M | 214.3M | 291.0M | 268.6M | 163.3M | |
Property Plant And Equipment Gross | 78.6M | 102.2M | 95.1M | 114.1M | 237.8M | 249.7M | |
Total Current Assets | 247.3M | 187.5M | 273.2M | 250.1M | 232.5M | 189.0M | |
Short Term Debt | 4.4M | 12.3M | 11.7M | 14.2M | 20.6M | 21.6M | |
Accounts Payable | 147.9M | 86.0M | 168.2M | 204.4M | 183.1M | 151.9M | |
Other Liab | 7.9M | 15.0M | 13.7M | 18.5M | 21.2M | 22.3M | |
Other Assets | 3.3M | 10.4M | 3.0M | 1.3M | 1.4M | 1.4M | |
Property Plant Equipment | 69.0M | 94.1M | 88.0M | 106.4M | 122.4M | 128.5M | |
Net Tangible Assets | 150.0M | 145.0M | 157.1M | 77.0M | 69.3M | 112.4M | |
Retained Earnings Total Equity | 138.4M | 135.3M | 143.0M | 73.0M | 83.9M | 128.7M | |
Capital Surpluse | 12.8M | 13.3M | 16.9M | 20.0M | 23.0M | 14.5M | |
Deferred Long Term Liab | 6.4M | 12.7M | 11.3M | 16.0M | 18.4M | 9.5M | |
Intangible Assets | 1.6M | 4.1M | 3.3M | 9.7M | 8.0M | 8.4M | |
Non Current Liabilities Other | 13.3M | 19.8M | 17.0M | 19.6M | 13.3M | 9.5M |
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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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adams Resources Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Oil & Gas Refining & Marketing 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 Adams Resources. If investors know Adams 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 Adams Resources 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 0.763 | Dividend Share 0.24 | Earnings Share (3.18) | Revenue Per Share 1.1 K | Quarterly Revenue Growth (0.09) |
The market value of Adams Resources Energy is measured differently than its book value, which is the value of Adams that is recorded on the company's balance sheet. Investors also form their own opinion of Adams Resources' value that differs from its market value or its book value, called intrinsic value, which is Adams Resources' 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 Adams Resources' market value can be influenced by many factors that don't directly affect Adams Resources' 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 Adams Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Adams Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adams Resources' 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.