ADT Stock | | | USD 7.26 0.02 0.27% |
ADT financial indicator trend analysis is way more than just evaluating ADT Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ADT Inc is a good investment. Please check the relationship between ADT Current Deferred Revenue and its Net Invested Capital accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in ADT 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 unemployment.
Current Deferred Revenue vs Net Invested Capital
Current Deferred Revenue vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
ADT Inc Current Deferred Revenue account and
Net Invested Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between ADT's Current Deferred Revenue and Net Invested Capital is -0.44. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of ADT Inc, assuming nothing else is changed. The correlation between historical values of ADT's Current Deferred Revenue and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of ADT Inc are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Current Deferred Revenue i.e., ADT's Current Deferred Revenue and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | -0.44 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from ADT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ADT Inc 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 ADT 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 unemployment.
At this time, ADT's
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.31 in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.2
B in 2024.
ADT fundamental ratios Correlations
Click cells to compare fundamentals
ADT Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ADT fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for ADT Stock Analysis
When running ADT's price analysis, check to
measure ADT's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ADT is operating at the current time. Most of ADT's value examination focuses on studying past and present price action to
predict the probability of ADT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ADT's price. Additionally, you may evaluate how the addition of ADT to your portfolios can decrease your overall portfolio volatility.