ADENTRA Net Income from 2010 to 2026

ADEN Stock   38.62  0.06  0.16%   
ADENTRA Net Income yearly trend continues to be very stable with very little volatility. Net Income is likely to grow to about 56.1 M this year. During the period from 2010 to 2026, ADENTRA Net Income quarterly data regression pattern had sample variance of 1173.4 T and median of  23,611,080. View All Fundamentals
 
Net Income  
First Reported
2005-03-31
Previous Quarter
22.1 M
Current Value
10.1 M
Quarterly Volatility
10.1 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check ADENTRA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ADENTRA's main balance sheet or income statement drivers, such as Depreciation And Amortization of 91.9 M, Total Revenue of 2.6 B or Gross Profit of 572.4 M, as well as many indicators such as Price To Sales Ratio of 0.28, Dividend Yield of 0.0119 or PTB Ratio of 1.1. ADENTRA financial statements analysis is a perfect complement when working with ADENTRA Valuation or Volatility modules.
  
This module can also supplement various ADENTRA Technical models . Check out the analysis of ADENTRA Correlation against competitors.
Evaluating ADENTRA's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into ADENTRA's fundamental strength.

Latest ADENTRA's Net Income Growth Pattern

Below is the plot of the Net Income of ADENTRA over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in ADENTRA financial statement analysis. It represents the amount of money remaining after all of ADENTRA operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is ADENTRA's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ADENTRA's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 46.48 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

ADENTRA Net Income Regression Statistics

Arithmetic Mean35,428,499
Geometric Mean24,402,112
Coefficient Of Variation96.69
Mean Deviation24,863,517
Median23,611,080
Standard Deviation34,254,983
Sample Variance1173.4T
Range122.7M
R-Value0.65
Mean Square Error721.2T
R-Squared0.42
Significance0
Slope4,415,952
Total Sum of Squares18774.5T

ADENTRA Net Income History

202656.1 M
202553.4 M
202446.5 M
202336 M
2022128.7 M
2021103.1 M
202028 M

About ADENTRA Financial Statements

ADENTRA investors utilize fundamental indicators, such as Net Income, to predict how ADENTRA Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Net Income53.4 M56.1 M
Net Income Applicable To Common Shares53.4 M52.2 M
Net Income From Continuing Ops41.8 M54.8 M
Net Income Per Share 1.75  0.90 
Net Income Per E B T 0.97  1.07 

Pair Trading with ADENTRA

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 ADENTRA 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 ADENTRA will appreciate offsetting losses from the drop in the long position's value.

Moving together with ADENTRA Stock

  0.63GOOG Alphabet CDRPairCorr

Moving against ADENTRA Stock

  0.68MSFT Microsoft Corp CDRPairCorr
  0.68MSFT Microsoft CDRPairCorr
  0.6BRK Berkshire Hathaway CDRPairCorr
  0.6BRK Berkshire Hathaway CDRPairCorr
The ability to find closely correlated positions to ADENTRA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ADENTRA 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 ADENTRA - 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 ADENTRA to buy it.
The correlation of ADENTRA 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 ADENTRA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ADENTRA 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 ADENTRA 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in ADENTRA Stock

ADENTRA financial ratios help investors to determine whether ADENTRA Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ADENTRA with respect to the benefits of owning ADENTRA security.