000553 Stock | | | 6.71 0.07 1.05% |
ADAMA financial indicator trend analysis is way more than just evaluating ADAMA prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ADAMA is a good investment. Please check the relationship between ADAMA Interest Income and its Research Development accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in ADAMA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Interest Income vs Research Development
Interest Income vs Research Development Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
ADAMA Interest Income account and
Research Development. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between ADAMA's Interest Income and Research Development is 0.51. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Research Development in the same time period over historical financial statements of ADAMA, assuming nothing else is changed. The correlation between historical values of ADAMA's Interest Income and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of ADAMA are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Interest Income i.e., ADAMA's Interest Income and Research Development go up and down completely randomly.
Correlation Coefficient | 0.51 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Research Development
Most indicators from ADAMA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ADAMA 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 ADAMA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
The current year's
Tax Provision is expected to grow to about 283.1
M, whereas
Selling General Administrative is forecasted to decline to about 1.6
B.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 7.6B | 9.4B | 6.8B | 7.2B | Research Development | 609.0M | 704.7M | 617.5M | 429.5M |
ADAMA fundamental ratios Correlations
Click cells to compare fundamentals
ADAMA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ADAMA fundamental ratios Accounts
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Other Information on Investing in ADAMA Stock
Balance Sheet is a snapshot of the
financial position of ADAMA at a specified time, usually calculated after every quarter, six months, or one year. ADAMA Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ADAMA and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which ADAMA currently owns. An asset can also be divided into two categories, current and non-current.