ADF Total Assets from 2010 to 2026
| DRX Stock | CAD 9.93 0.40 4.20% |
Total Assets | First Reported 1999-07-31 | Previous Quarter 306.8 M | Current Value 317.7 M | Quarterly Volatility 93.5 M |
Check ADF financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ADF's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5 M, Interest Expense of 4 M or Selling General Administrative of 13.3 M, as well as many indicators such as Price To Sales Ratio of 0.85, Dividend Yield of 0.0041 or PTB Ratio of 1.38. ADF financial statements analysis is a perfect complement when working with ADF Valuation or Volatility modules.
ADF | Total Assets |
Evaluating ADF's Total Assets 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 ADF Group's fundamental strength.
Latest ADF's Total Assets Growth Pattern
Below is the plot of the Total Assets of ADF Group over the last few years. Total assets refers to the total amount of ADF assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in ADF Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. ADF's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ADF's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 307.9 M | 10 Years Trend |
|
Total Assets |
| Timeline |
ADF Total Assets Regression Statistics
| Arithmetic Mean | 194,443,661 | |
| Geometric Mean | 182,373,685 | |
| Coefficient Of Variation | 38.86 | |
| Mean Deviation | 57,768,499 | |
| Median | 173,544,000 | |
| Standard Deviation | 75,564,454 | |
| Sample Variance | 5710T | |
| Range | 247.6M | |
| R-Value | 0.80 | |
| Mean Square Error | 2194.2T | |
| R-Squared | 0.64 | |
| Significance | 0.0001 | |
| Slope | 11,968,763 | |
| Total Sum of Squares | 91359.8T |
ADF Total Assets History
About ADF Financial Statements
ADF investors utilize fundamental indicators, such as Total Assets, to predict how ADF 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 Reported | Projected for Next Year | ||
| Total Assets | 354.1 M | 189.2 M | |
| Intangibles To Total Assets | 0.01 | 0.01 |
Pair Trading with ADF
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 ADF 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 ADF will appreciate offsetting losses from the drop in the long position's value.Moving together with ADF Stock
Moving against ADF Stock
The ability to find closely correlated positions to ADF could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ADF 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 ADF - 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 ADF Group to buy it.
The correlation of ADF 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 ADF moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ADF Group 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 ADF 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.Other Information on Investing in ADF Stock
ADF financial ratios help investors to determine whether ADF 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 ADF with respect to the benefits of owning ADF security.