Archer Property Plant And Equipment Net vs Short Term Debt Analysis
ADM Stock | USD 60.19 1.02 1.72% |
Archer Daniels financial indicator trend analysis is way more than just evaluating Archer Daniels Midland prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Archer Daniels Midland is a good investment. Please check the relationship between Archer Daniels Property Plant And Equipment Net and its Short Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Archer Daniels Midland. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Property Plant And Equipment Net vs Short Term Debt
Property Plant And Equipment Net vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Archer Daniels Midland Property Plant And Equipment Net account and Short Term Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between Archer Daniels' Property Plant And Equipment Net and Short Term Debt is 0.36. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Archer Daniels Midland, assuming nothing else is changed. The correlation between historical values of Archer Daniels' Property Plant And Equipment Net and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Archer Daniels Midland are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Property Plant And Equipment Net i.e., Archer Daniels' Property Plant And Equipment Net and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.36 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Short Term Debt
Most indicators from Archer Daniels' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Archer Daniels Midland 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 Archer Daniels Midland. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. At this time, Archer Daniels' Selling General Administrative is very stable compared to the past year. As of the 7th of May 2024, Enterprise Value Over EBITDA is likely to grow to 11.65, while Tax Provision is likely to drop about 465.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 265M | 396M | 685M | 366.2M | Depreciation And Amortization | 996M | 1.0B | 1.1B | 702.3M |
Archer Daniels fundamental ratios Correlations
Click cells to compare fundamentals
Archer Daniels Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Archer Daniels fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Short Long Term Debt Total | 9.9B | 11.1B | 10.6B | 10.3B | 9.6B | 6.1B | |
Other Current Liab | 2.9B | 4.3B | 4.2B | 4.1B | 11.3B | 11.9B | |
Total Current Liabilities | 13.7B | 18.2B | 21.9B | 24.2B | 18.7B | 19.6B | |
Total Stockholder Equity | 19.2B | 20B | 22.5B | 24.3B | 24.1B | 12.8B | |
Property Plant And Equipment Net | 11.1B | 10.9B | 10.8B | 11.0B | 11.7B | 7.3B | |
Net Debt | 9.0B | 10.4B | 9.6B | 9.3B | 4.2B | 5.1B | |
Retained Earnings | 19.0B | 19.8B | 21.7B | 23.6B | 26.2B | 27.5B | |
Cash | 852M | 666M | 943M | 1.0B | 5.4B | 5.7B | |
Non Current Assets Total | 22.7B | 22.4B | 24.2B | 24.4B | 24.9B | 12.9B | |
Non Currrent Assets Other | 965M | 1.1B | 1.4B | 1.3B | (443M) | (420.9M) | |
Cash And Short Term Investments | 852M | 666M | 943M | 1.0B | 5.4B | 5.7B | |
Net Receivables | 5.2B | 5.0B | 5.8B | 7.6B | 6.5B | 3.9B | |
Common Stock Shares Outstanding | 567M | 565M | 563M | 566M | 542M | 552.5M | |
Non Current Liabilities Total | 11.0B | 11.4B | 11.4B | 11.0B | 11.5B | 6.8B | |
Inventory | 9.2B | 11.7B | 14.5B | 14.8B | 12.0B | 6.5B | |
Other Current Assets | 167M | 135M | 82M | 153M | 5.9B | 6.2B | |
Other Stockholder Equity | (41M) | (52M) | 51M | 33M | (7.6B) | (7.2B) | |
Total Liab | 24.7B | 29.6B | 33.4B | 35.2B | 30.2B | 15.3B | |
Property Plant And Equipment Gross | 10.1B | 11.1B | 26.2B | 26.8B | 29.2B | 30.7B | |
Total Current Assets | 21.3B | 27.3B | 31.9B | 35.4B | 29.8B | 15.3B | |
Accumulated Other Comprehensive Income | (2.4B) | (2.6B) | (2.2B) | (2.5B) | (2.5B) | (2.6B) | |
Short Term Debt | 1.4B | 2.3B | 1.8B | 1.7B | 406M | 385.7M | |
Accounts Payable | 3.7B | 4.5B | 6.4B | 7.8B | 6.3B | 3.4B | |
Common Stock Total Equity | 2.7B | 2.8B | 3.0B | 3.1B | 2.8B | 3.7B | |
Short Term Investments | 3M | 61M | 46M | 109M | 7.2B | 7.6B | |
Common Stock | 2.7B | 2.8B | 3.0B | 3.1B | 8.1B | 8.5B | |
Other Liab | 2.5B | 3.6B | 3.4B | 2.4B | 2.8B | 1.6B | |
Other Assets | 965M | (16.1B) | 2.4B | 2.4B | 2.2B | 2.3B | |
Long Term Debt | 7.7B | 7.9B | 8.6B | 8.7B | 8.3B | 6.7B | |
Property Plant Equipment | 10.1B | 10.0B | 9.9B | 9.9B | 11.4B | 8.9B | |
Good Will | 3.4B | 3.5B | 4.2B | 4.2B | 4.1B | 4.3B | |
Intangible Assets | 2.1B | 2.1B | 2.6B | 2.4B | 2.2B | 2.3B | |
Net Tangible Assets | 19.3B | 20.1B | 15.8B | 24.6B | 28.3B | 19.1B | |
Current Deferred Revenue | 5.6B | 7.1B | 9.5B | 10.6B | 626M | 594.7M | |
Retained Earnings Total Equity | 19.0B | 19.8B | 21.7B | 23.6B | 27.2B | 17.2B |
Pair Trading with Archer Daniels
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 Archer Daniels 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 Archer Daniels will appreciate offsetting losses from the drop in the long position's value.Moving together with Archer Stock
0.91 | BG | Bunge Limited | PairCorr |
0.78 | MO | Altria Group | PairCorr |
Moving against Archer Stock
0.82 | FAMI | Farmmi Inc | PairCorr |
0.77 | EDBL | Edible Garden AG | PairCorr |
0.71 | BUD | Anheuser Busch Inbev | PairCorr |
0.71 | SAM | Boston Beer | PairCorr |
0.7 | BON | Bon Natural Life | PairCorr |
The ability to find closely correlated positions to Archer Daniels could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Archer Daniels 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 Archer Daniels - 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 Archer Daniels Midland to buy it.
The correlation of Archer Daniels 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 Archer Daniels moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Archer Daniels Midland 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 Archer Daniels 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Archer Daniels Midland. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Archer Daniels Midland information on this page should be used as a complementary analysis to other Archer Daniels' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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When running Archer Daniels' price analysis, check to measure Archer Daniels' 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 Archer Daniels is operating at the current time. Most of Archer Daniels' value examination focuses on studying past and present price action to predict the probability of Archer Daniels' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Archer Daniels' price. Additionally, you may evaluate how the addition of Archer Daniels to your portfolios can decrease your overall portfolio volatility.
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Is Archer Daniels' industry 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 Archer Daniels. If investors know Archer 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 Archer Daniels 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 (0.33) | Dividend Share 1.85 | Earnings Share 5.73 | Revenue Per Share 172.468 | Quarterly Revenue Growth (0.09) |
The market value of Archer Daniels Midland is measured differently than its book value, which is the value of Archer that is recorded on the company's balance sheet. Investors also form their own opinion of Archer Daniels' value that differs from its market value or its book value, called intrinsic value, which is Archer Daniels' 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 Archer Daniels' market value can be influenced by many factors that don't directly affect Archer Daniels' 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 Archer Daniels' value and its price as these two are different measures arrived at by different means. Investors typically determine if Archer Daniels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Archer Daniels' 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.