Addus Total Stockholder Equity vs Short Long Term Debt Total 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 Total Stockholder Equity and its Short Long Term Debt Total 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.

Total Stockholder Equity vs Short Long Term Debt Total

Total Stockholder Equity vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Addus HomeCare Total Stockholder Equity account and Short Long Term Debt Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Addus HomeCare's Total Stockholder Equity and Short Long Term Debt Total is 0.86. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Short Long Term Debt Total 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 Total Stockholder Equity and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Addus HomeCare are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Total Stockholder Equity i.e., Addus HomeCare's Total Stockholder Equity and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Short Long Term Debt Total

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

Thematic Opportunities

Explore Investment Opportunities

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.
Explore Investing Ideas  

Additional Tools for Addus Stock Analysis

When running Addus HomeCare's price analysis, check to measure Addus HomeCare'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 Addus HomeCare is operating at the current time. Most of Addus HomeCare's value examination focuses on studying past and present price action to predict the probability of Addus HomeCare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Addus HomeCare's price. Additionally, you may evaluate how the addition of Addus HomeCare to your portfolios can decrease your overall portfolio volatility.