Adcore Historical Balance Sheet

ADCO Stock

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Trend analysis of Adcore Inc balance sheet accounts such as Short Long Term Debt Total of 275.4 K, Other Current Liabilities of 2 M or Total Current Liabilities of 3.3 M provides information on Adcore's total assets, liabilities, and equity, which is the actual value of Adcore Inc to its prevalent stockholders. By breaking down trends over time using Adcore balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Adcore Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Adcore Inc is a good buy for the upcoming year.

Adcore Inventory

(453,387)

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adcore Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Adcore Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Adcore Inc at a specified time, usually calculated after every quarter, six months, or one year. Adcore Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Adcore and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Adcore currently owns. An asset can also be divided into two categories, current and non-current.

Adcore Balance Sheet Chart

At this time, Adcore's Short and Long Term Debt Total is very stable compared to the past year. As of the 1st of March 2025, Other Current Liabilities is likely to grow to about 2 M, while Total Assets are likely to drop about 10.7 M.

Total Assets Short Long Term Debt Total Other Liab Net Tangible Assets

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Total Assets

Total assets refers to the total amount of Adcore 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 Adcore Inc 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.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Most accounts from Adcore's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Adcore Inc current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Adcore Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2022	2024	2025 (projected)
Short and Long Term Debt Total	188K	216.2K	275.4K
Total Assets	14.5M	16.6M	10.7M

Short Long Term Debt Total Total Assets

Adcore balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets
Total Assets		0.84	0.59	0.98	0.99	0.58	0.98	0.8	0.86	-0.95	0.09	0.93	0.97	0.96	0.92	0.97	0.91	0.76	0.62	0.7	0.89	0.98	0.98	0.99	-0.34	1.0
Short Long Term Debt Total	0.84		0.26	0.77	0.84	0.86	0.8	0.87	0.86	-0.94	0.44	0.67	0.94	0.7	0.76	0.94	0.59	0.46	0.83	0.83	0.67	0.71	0.81	0.84	-0.29	0.86
Other Current Liab	0.59	0.26		0.65	0.56	0.16	0.59	0.23	0.39	-0.43	-0.38	0.63	0.46	0.65	0.72	0.46	0.65	0.78	0.11	-0.01	0.56	0.64	0.63	0.56	-0.7	0.56
Total Current Liabilities	0.98	0.77	0.65		0.95	0.54	0.94	0.69	0.82	-0.9	-0.01	0.96	0.92	0.97	0.9	0.92	0.92	0.79	0.58	0.61	0.83	0.96	1.0	0.95	-0.36	0.97
Total Stockholder Equity	0.99	0.84	0.56	0.95		0.55	0.99	0.84	0.87	-0.95	0.1	0.91	0.96	0.95	0.91	0.96	0.91	0.74	0.59	0.73	0.92	0.98	0.95	1.0	-0.34	0.99
Other Liab	0.58	0.86	0.16	0.54	0.55		0.52	0.7	0.59	-0.75	0.68	0.4	0.74	0.37	0.63	0.74	0.22	0.4	0.96	0.63	0.29	0.38	0.61	0.55	-0.18	0.6
Net Tangible Assets	0.98	0.8	0.59	0.94	0.99	0.52		0.84	0.78	-0.94	0.12	0.92	0.95	0.93	0.9	0.95	0.89	0.8	0.59	0.63	0.94	0.97	0.94	0.99	-0.3	0.98
Property Plant And Equipment Net	0.8	0.87	0.23	0.69	0.84	0.7	0.84		0.67	-0.91	0.48	0.66	0.9	0.64	0.75	0.9	0.56	0.58	0.74	0.72	0.74	0.72	0.72	0.84	-0.18	0.83
Current Deferred Revenue	0.86	0.86	0.39	0.82	0.87	0.59	0.78	0.67		-0.84	0.08	0.69	0.84	0.84	0.77	0.84	0.8	0.4	0.53	0.88	0.68	0.81	0.83	0.87	-0.4	0.86
Net Debt	-0.95	-0.94	-0.43	-0.9	-0.95	-0.75	-0.94	-0.91	-0.84		-0.31	-0.85	-1.0	-0.84	-0.88	-1.0	-0.76	-0.68	-0.78	-0.76	-0.81	-0.87	-0.93	-0.95	0.28	-0.97
Retained Earnings	0.09	0.44	-0.38	-0.01	0.1	0.68	0.12	0.48	0.08	-0.31		-0.12	0.29	-0.16	0.2	0.29	-0.27	0.09	0.75	0.42	-0.03	-0.08	0.07	0.11	0.44	0.13
Accounts Payable	0.93	0.67	0.63	0.96	0.91	0.4	0.92	0.66	0.69	-0.85	-0.12		0.87	0.95	0.8	0.87	0.91	0.79	0.48	0.46	0.85	0.95	0.95	0.91	-0.35	0.93
Cash	0.97	0.94	0.46	0.92	0.96	0.74	0.95	0.9	0.84	-1.0	0.29	0.87		0.86	0.89	1.0	0.78	0.7	0.77	0.75	0.83	0.89	0.94	0.96	-0.3	0.98
Non Current Assets Total	0.96	0.7	0.65	0.97	0.95	0.37	0.93	0.64	0.84	-0.84	-0.16	0.95	0.86		0.85	0.86	0.98	0.72	0.41	0.61	0.87	0.98	0.95	0.95	-0.4	0.95
Other Assets	0.92	0.76	0.72	0.9	0.91	0.63	0.9	0.75	0.77	-0.88	0.2	0.8	0.89	0.85		0.89	0.79	0.86	0.65	0.62	0.76	0.87	0.91	0.91	-0.38	0.91
Cash And Short Term Investments	0.97	0.94	0.46	0.92	0.96	0.74	0.95	0.9	0.84	-1.0	0.29	0.87	1.0	0.86	0.89		0.78	0.7	0.77	0.75	0.83	0.89	0.94	0.96	-0.3	0.98
Net Receivables	0.91	0.59	0.65	0.92	0.91	0.22	0.89	0.56	0.8	-0.76	-0.27	0.91	0.78	0.98	0.79	0.78		0.68	0.26	0.56	0.87	0.97	0.89	0.91	-0.39	0.89
Common Stock Shares Outstanding	0.76	0.46	0.78	0.79	0.74	0.4	0.8	0.58	0.4	-0.68	0.09	0.79	0.7	0.72	0.86	0.7	0.68		0.51	0.21	0.69	0.77	0.79	0.74	-0.28	0.75
Non Current Liabilities Total	0.62	0.83	0.11	0.58	0.59	0.96	0.59	0.74	0.53	-0.78	0.75	0.48	0.77	0.41	0.65	0.77	0.26	0.51		0.61	0.36	0.44	0.65	0.6	0.03	0.65
Inventory	0.7	0.83	-0.01	0.61	0.73	0.63	0.63	0.72	0.88	-0.76	0.42	0.46	0.75	0.61	0.62	0.75	0.56	0.21	0.61		0.51	0.61	0.63	0.73	-0.03	0.71
Other Current Assets	0.89	0.67	0.56	0.83	0.92	0.29	0.94	0.74	0.68	-0.81	-0.03	0.85	0.83	0.87	0.76	0.83	0.87	0.69	0.36	0.51		0.93	0.81	0.91	-0.32	0.88
Other Stockholder Equity	0.98	0.71	0.64	0.96	0.98	0.38	0.97	0.72	0.81	-0.87	-0.08	0.95	0.89	0.98	0.87	0.89	0.97	0.77	0.44	0.61	0.93		0.94	0.98	-0.35	0.97
Total Liab	0.98	0.81	0.63	1.0	0.95	0.61	0.94	0.72	0.83	-0.93	0.07	0.95	0.94	0.95	0.91	0.94	0.89	0.79	0.65	0.63	0.81	0.94		0.95	-0.35	0.98
Net Invested Capital	0.99	0.84	0.56	0.95	1.0	0.55	0.99	0.84	0.87	-0.95	0.11	0.91	0.96	0.95	0.91	0.96	0.91	0.74	0.6	0.73	0.91	0.98	0.95		-0.34	0.99
Short Long Term Debt	-0.34	-0.29	-0.7	-0.36	-0.34	-0.18	-0.3	-0.18	-0.4	0.28	0.44	-0.35	-0.3	-0.4	-0.38	-0.3	-0.39	-0.28	0.03	-0.03	-0.32	-0.35	-0.35	-0.34		-0.34
Total Current Assets	1.0	0.86	0.56	0.97	0.99	0.6	0.98	0.83	0.86	-0.97	0.13	0.93	0.98	0.95	0.91	0.98	0.89	0.75	0.65	0.71	0.88	0.97	0.98	0.99	-0.34

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Adcore Account Relationship Matchups

Adcore balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	12.7M	17.3M	14.5M	14.4M	16.6M	10.7M
Other Current Liab	808K	673K	883K	1.6M	1.9M	2.0M
Total Current Liabilities	4.8M	4.4M	4.6M	5.4M	6.2M	3.3M
Total Stockholder Equity	6.9M	12.2M	9.7M	8.9M	10.2M	7.0M
Other Liab	330K	772K	483K	168K	193.2K	377.9K
Net Tangible Assets	4.1M	5.2M	10.2M	7.1M	8.2M	5.0M
Property Plant And Equipment Net	392K	691K	437K	200K	230K	352K
Net Debt	(8.4M)	(10.6M)	(6.3M)	(6.1M)	(5.5M)	(5.8M)
Retained Earnings	2.2M	1.9M	(315K)	(1.3M)	(1.1M)	(1.1M)
Accounts Payable	2.9M	3.5M	3.6M	3.8M	4.3M	2.4M
Cash	8.8M	11.1M	6.5M	6.1M	7.0M	5.9M
Non Current Assets Total	2.1M	2.7M	3.1M	3.3M	3.8M	2.4M
Cash And Short Term Investments	8.8M	11.1M	6.5M	6.1M	7.0M	5.9M
Net Receivables	1.8M	3.5M	4.9M	5.0M	5.8M	3.1M
Common Stock Shares Outstanding	60.8M	61.1M	62.4M	60.3M	69.4M	53.1M
Liabilities And Stockholders Equity	12.7M	17.3M	14.5M	14.4M	16.6M	10.7M
Non Current Liabilities Total	1.1M	696K	168K	152K	174.8K	166.1K
Other Current Assets	66.0K	619.0K	318.0K	415K	477.3K	266.0K
Other Stockholder Equity	4.8M	10.4M	10.1M	10.2M	11.7M	6.3M
Total Liab	5.9M	5.1M	4.8M	5.6M	6.4M	3.7M
Net Invested Capital	7.1M	12.2M	9.7M	8.9M	10.2M	7.0M
Total Current Assets	10.6M	14.6M	11.5M	11.1M	12.8M	8.7M
Accumulated Other Comprehensive Income	(95K)	(83K)	(80K)	(72K)	(82.8K)	(86.9K)
Net Working Capital	5.8M	10.2M	6.8M	5.7M	6.6M	5.3M
Short Term Debt	197K	105K	221K	188K	216.2K	137.6K
Intangible Assets	1.7M	2.0M	2.6M	3.1M	3.6M	2.0M
Property Plant Equipment	269K	392K	691K	437K	502.6K	374K
Capital Surpluse	4.1M	4.8M	10.4M	10.7M	12.3M	6.8M
Cash And Equivalents	3.7M	8.8M	11.1M	6.5M	7.5M	6.8M
Property Plant And Equipment Gross	802K	1.2M	1.3M	1.3M	1.5M	1.1M

Pair Trading with Adcore

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 Adcore 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 Adcore will appreciate offsetting losses from the drop in the long position's value.

Moving together with Adcore Stock

0.88	JPM	JPMorgan Chase	Pair Corr
0.85	TD	Toronto Dominion Bank	Pair Corr

Moving against Adcore Stock

0.39	NBLC	Nobel29 Resources Corp	Pair Corr
0.36	RY-PS	Royal Bank	Pair Corr

The ability to find closely correlated positions to Adcore could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adcore 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 Adcore - 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 Adcore Inc to buy it.

The correlation of Adcore 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 Adcore moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adcore Inc 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 Adcore 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 Correlation Correlation Matching

Other Information on Investing in Adcore Stock

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Adcore Historical Balance Sheet

Adcore Inventory

(453,387)

About Adcore Balance Sheet Analysis

Adcore Balance Sheet Chart

Total Assets

Net Tangible Assets

Adcore balance sheet Correlations

Adcore Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Adcore balance sheet Accounts

Pair Trading with Adcore

Moving together with Adcore Stock

Moving against Adcore Stock

Other Information on Investing in Adcore Stock

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Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Net Invested Capital	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Net Invested Capital	+ 0.99	Total Assets

Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Total Current Assets	- 0.97	Net Debt
Net Invested Capital	- 0.95	Net Debt
Net Debt	- 0.95	Total Stockholder Equity
Net Debt	- 0.95	Total Assets