Addus Net Debt vs Common Stock Shares Outstanding Analysis

ADUS Stock  USD 131.40  1.80  1.39%   
Addus HomeCare financial indicator trend analysis is way more than just evaluating Addus HomeCare prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Addus HomeCare is a good investment. Please check the relationship between Addus HomeCare Net Debt and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Addus HomeCare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Addus Stock please use our How to Invest in Addus HomeCare guide.

Net Debt vs Common Stock Shares Outstanding

Net Debt vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Addus HomeCare Net Debt account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Addus HomeCare's Net Debt and Common Stock Shares Outstanding is 0.18. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Addus HomeCare, assuming nothing else is changed. The correlation between historical values of Addus HomeCare's Net Debt and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Addus HomeCare are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Debt i.e., Addus HomeCare's Net Debt and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Addus HomeCare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Addus HomeCare 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 Addus HomeCare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Addus Stock please use our How to Invest in Addus HomeCare guide.At this time, Addus HomeCare's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.23 in 2024, whereas Tax Provision is likely to drop slightly above 9.7 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense5.5M8.6M11.1M11.7M
Depreciation And Amortization14.5M14.1M14.1M8.1M

Addus HomeCare fundamental ratios Correlations

0.920.90.890.990.990.190.710.950.460.750.99-0.40.940.810.750.730.990.680.680.920.710.970.960.850.79
0.920.80.860.860.910.320.820.80.270.780.9-0.510.940.950.780.610.90.520.541.00.770.840.990.720.77
0.90.80.810.90.880.00.510.810.640.760.88-0.250.780.710.760.690.870.620.630.810.580.920.860.690.77
0.890.860.810.860.880.230.610.780.470.80.86-0.550.840.870.80.760.860.780.770.870.70.880.90.630.84
0.990.860.90.860.980.140.650.970.510.70.98-0.340.910.730.70.740.980.70.710.860.670.980.920.870.77
0.990.910.880.880.980.150.770.950.420.681.0-0.430.960.780.680.660.990.630.630.920.680.950.960.870.72
0.190.320.00.230.140.150.040.050.20.510.10.070.130.450.510.470.10.270.320.340.330.220.27-0.040.52
0.710.820.510.610.650.770.040.69-0.110.290.77-0.550.890.70.290.190.780.220.180.80.650.570.790.760.29
0.950.80.810.780.970.950.050.690.340.560.97-0.30.910.630.560.620.970.650.620.80.640.910.860.950.63
0.460.270.640.470.510.420.2-0.110.340.570.390.180.170.310.570.710.380.460.510.310.170.610.350.180.63
0.750.780.760.80.70.680.510.290.560.570.65-0.290.60.851.00.820.640.640.70.80.60.780.780.350.98
0.990.90.880.860.981.00.10.770.970.390.65-0.410.960.760.650.641.00.630.620.90.690.950.950.90.69
-0.4-0.51-0.25-0.55-0.34-0.430.07-0.55-0.30.18-0.29-0.41-0.54-0.51-0.29-0.16-0.42-0.23-0.28-0.49-0.27-0.33-0.5-0.19-0.27
0.940.940.780.840.910.960.130.890.910.170.60.96-0.540.810.60.520.960.560.540.930.740.860.960.870.62
0.810.950.710.870.730.780.450.70.630.310.850.76-0.510.810.850.640.760.510.530.950.770.750.910.510.82
0.750.780.760.80.70.680.510.290.560.571.00.65-0.290.60.850.820.640.640.70.80.60.780.780.350.98
0.730.610.690.760.740.660.470.190.620.710.820.64-0.160.520.640.820.630.790.830.630.470.820.670.390.92
0.990.90.870.860.980.990.10.780.970.380.641.0-0.420.960.760.640.630.630.620.90.70.940.950.910.69
0.680.520.620.780.70.630.270.220.650.460.640.63-0.230.560.510.640.790.630.990.530.60.760.590.490.75
0.680.540.630.770.710.630.320.180.620.510.70.62-0.280.540.530.70.830.620.990.550.560.780.610.440.8
0.921.00.810.870.860.920.340.80.80.310.80.9-0.490.930.950.80.630.90.530.550.760.860.990.710.79
0.710.770.580.70.670.680.330.650.640.170.60.69-0.270.740.770.60.470.70.60.560.760.660.740.670.61
0.970.840.920.880.980.950.220.570.910.610.780.95-0.330.860.750.780.820.940.760.780.860.660.910.780.84
0.960.990.860.90.920.960.270.790.860.350.780.95-0.50.960.910.780.670.950.590.610.990.740.910.760.79
0.850.720.690.630.870.87-0.040.760.950.180.350.9-0.190.870.510.350.390.910.490.440.710.670.780.760.41
0.790.770.770.840.770.720.520.290.630.630.980.69-0.270.620.820.980.920.690.750.80.790.610.840.790.41
Click cells to compare fundamentals

Addus HomeCare Account Relationship Matchups

Addus HomeCare fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets636.7M892.6M947.6M938.0M1.0B1.1B
Short Long Term Debt Total59.9M230.4M253.8M178.1M175.2M183.9M
Total Current Liabilities87.5M143.9M117.7M131.1M145.1M74.1M
Total Stockholder Equity475.6M518.7M574.3M633.5M706.7M742.0M
Property Plant And Equipment Net33.3M57.7M54.5M60.2M69.4M72.9M
Net Debt(51.8M)85.3M84.9M98.1M110.4M115.9M
Retained Earnings116.0M149.2M194.3M240.3M302.8M318.0M
Accounts Payable86.8M23.7M19.4M22.1M26.2M15.2M
Cash111.7M145.1M168.9M80.0M64.8M48.3M
Non Current Assets Total367.4M604.9M623.2M715.2M824.4M865.6M
Non Currrent Assets Other355.2M(598.4M)(7.3M)(715.2M)(1.0)(1.05)
Other Assets1.6M2.2M1.6M44.5M51.2M53.8M
Long Term Debt59.2M193.9M220.9M131.8M124.1M68.4M
Cash And Short Term Investments111.7M145.1M168.9M80.0M64.8M48.3M
Net Receivables153.2M132.7M137.0M125.5M116.1M101.7M
Good Will275.4M469.1M504.4M582.8M663.0M696.1M
Common Stock Shares Outstanding15.6M16.0M16.1M16.2M16.3M12.1M
Liabilities And Stockholders Equity636.7M892.6M947.6M938.0M1.0B1.1B
Non Current Liabilities Total73.6M230.0M255.6M173.3M172.6M181.2M
Other Current Assets8.0M10.0M25.4M17.0M19.1M11.8M
Total Liab161.2M373.9M373.2M304.5M317.7M333.6M
Total Current Assets269.4M287.7M324.3M222.8M200.0M163.3M
Short Term Debt728K10.3M9.8M10.8M34.7M36.5M
Intangible Assets57.1M71.5M64.3M72.2M92.0M96.6M
Property Plant Equipment12.2M19.7M18.5M60.2M69.2M72.6M
Other Liab163K588K1.8M6.1M7.0M7.3M
Net Tangible Assets475.6M518.7M574.3M(21.5M)(24.7M)(23.5M)
Retained Earnings Total Equity97.8M116.0M149.2M194.3M223.4M234.6M
Long Term Debt Total17.2M59.2M193.9M220.9M254.0M266.8M
Capital Surpluse177.7M359.5M369.5M380.0M437.0M458.9M

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Additional Tools for Addus Stock Analysis

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