Addentax Net Debt from 2010 to 2024

ATXG Stock  USD 0.57  0.01  1.79%   
Addentax Group's Net Debt is increasing over the last several years with slightly volatile swings. Net Debt is estimated to finish at about 21.5 M this year. Net Debt is the total debt of Addentax Group Corp minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals
 
Net Debt  
First Reported
2015-09-30
Previous Quarter
22.8 M
Current Value
23.2 M
Quarterly Volatility
7.2 M
 
Yuan Drop
 
Covid
Check Addentax Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Addentax Group's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Depreciation And Amortization of 345.4 K or Interest Expense of 0.0, as well as many indicators such as Price To Sales Ratio of 0.74, Dividend Yield of 0.0 or PTB Ratio of 0.16. Addentax financial statements analysis is a perfect complement when working with Addentax Group Valuation or Volatility modules.
  
Check out the analysis of Addentax Group Correlation against competitors.

Latest Addentax Group's Net Debt Growth Pattern

Below is the plot of the Net Debt of Addentax Group Corp over the last few years. It is 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. Addentax Group's Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Addentax Group's overall financial position and show how it may be relating to other accounts over time.
Net Debt10 Years Trend
Slightly volatile
   Net Debt   
       Timeline  

Addentax Net Debt Regression Statistics

Arithmetic Mean4,504,588
Geometric Mean104,629
Coefficient Of Variation167.37
Mean Deviation5,840,606
Median1,110
Standard Deviation7,539,165
Sample Variance56.8T
Range21.7M
R-Value0.80
Mean Square Error22.1T
R-Squared0.64
Significance0.0003
Slope1,347,924
Total Sum of Squares795.7T

Addentax Net Debt History

202421.5 M
202320.5 M
202211.1 M
20215.3 M
20207.9 M
20191.7 M
2018-53.8 K

Other Fundumenentals of Addentax Group Corp

Addentax Group Net Debt component correlations

0.92-0.130.73-0.820.070.460.550.90.330.990.33-0.020.320.070.760.7-0.27
0.920.040.63-0.61-0.280.220.380.670.040.910.05-0.10.04-0.10.80.74-0.2
-0.130.04-0.020.11-0.58-0.370.03-0.290.19-0.210.19-0.31-0.81-0.19-0.03-0.040.04
0.730.63-0.02-0.540.180.50.550.70.270.740.26-0.160.270.050.880.91-0.71
-0.82-0.610.11-0.54-0.28-0.37-0.51-0.91-0.75-0.76-0.760.04-0.45-0.2-0.39-0.320.1
0.07-0.28-0.580.18-0.280.60.290.450.430.10.390.160.830.23-0.07-0.08-0.1
0.460.22-0.370.5-0.370.60.760.630.260.510.220.270.530.320.360.38-0.4
0.550.380.030.55-0.510.290.760.630.460.550.460.020.190.240.480.43-0.19
0.90.67-0.290.7-0.910.450.630.630.580.890.570.080.580.240.570.53-0.29
0.330.040.190.27-0.750.430.260.460.580.230.98-0.080.240.23-0.05-0.110.01
0.990.91-0.210.74-0.760.10.510.550.890.230.230.040.360.090.790.75-0.31
0.330.050.190.26-0.760.390.220.460.570.980.23-0.080.260.28-0.05-0.110.02
-0.02-0.1-0.31-0.160.040.160.270.020.08-0.080.04-0.080.090.86-0.12-0.120.11
0.320.04-0.810.27-0.450.830.530.190.580.240.360.260.090.170.130.12-0.11
0.07-0.1-0.190.05-0.20.230.320.240.240.230.090.280.860.17-0.05-0.05-0.06
0.760.8-0.030.88-0.39-0.070.360.480.57-0.050.79-0.05-0.120.13-0.050.98-0.47
0.70.74-0.040.91-0.32-0.080.380.430.53-0.110.75-0.11-0.120.12-0.050.98-0.63
-0.27-0.20.04-0.710.1-0.1-0.4-0.19-0.290.01-0.310.020.11-0.11-0.06-0.47-0.63
Click cells to compare fundamentals

About Addentax Group Financial Statements

Addentax Group stakeholders use historical fundamental indicators, such as Addentax Group's Net Debt, to determine how well the company is positioned to perform in the future. Although Addentax Group investors may analyze each financial statement separately, they are all interrelated. For example, changes in Addentax Group's assets and liabilities are reflected in the revenues and expenses on Addentax Group's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Addentax Group Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Debt20.5 M21.5 M
Net Debt To EBITDA 23.19  24.35 

Currently Active Assets on Macroaxis

When determining whether Addentax Group Corp is a strong investment it is important to analyze Addentax Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Addentax Group's future performance. For an informed investment choice regarding Addentax Stock, refer to the following important reports:
Check out the analysis of Addentax Group Correlation against competitors.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Air Freight & Logistics space 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 Addentax Group. If investors know Addentax 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 Addentax Group 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
(0.34)
Earnings Share
(0.70)
Revenue Per Share
1.037
Quarterly Revenue Growth
(0.19)
Return On Assets
(0.02)
The market value of Addentax Group Corp is measured differently than its book value, which is the value of Addentax that is recorded on the company's balance sheet. Investors also form their own opinion of Addentax Group's value that differs from its market value or its book value, called intrinsic value, which is Addentax Group's 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 Addentax Group's market value can be influenced by many factors that don't directly affect Addentax Group's 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 Addentax Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Addentax Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Addentax Group's 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.