ADT Stock | | | USD 7.18 0.08 1.10% |
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 Long Term Debt and its Cash And Equivalents 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.
Long Term Debt vs Cash And Equivalents
Long Term Debt vs Cash And Equivalents Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
ADT Inc Long Term Debt account and
Cash And Equivalents. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between ADT's Long Term Debt and Cash And Equivalents is -0.49. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Cash And Equivalents 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 Long Term Debt and Cash And Equivalents is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of ADT Inc are associated (or correlated) with its Cash And Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Equivalents has no effect on the direction of Long Term Debt i.e., ADT's Long Term Debt and Cash And Equivalents go up and down completely randomly.
Correlation Coefficient | -0.49 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Long Term Debt
Long-term debt is a debt that ADT Inc has held for over one year. Long-term debt appears on ADT Inc balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on ADT Inc balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Cash And 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
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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.