ADAMA Operating Income vs Cost Of Revenue Analysis

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 Operating Income and its Cost Of Revenue 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.

Operating Income vs Cost Of Revenue

Operating Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ADAMA Operating Income account and Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between ADAMA's Operating Income and Cost Of Revenue is 0.75. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of ADAMA, assuming nothing else is changed. The correlation between historical values of ADAMA's Operating Income and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of ADAMA are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Operating Income i.e., ADAMA's Operating Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Operating Income

Operating Income is the amount of profit realized from ADAMA operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of ADAMA is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Cost Of Revenue

Cost of Revenue is found on ADAMA income statement and represents the costs associated with goods and services ADAMA provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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 Profit7.6B9.4B6.8B7.2B
Research Development609.0M704.7M617.5M429.5M

ADAMA fundamental ratios Correlations

0.690.940.990.910.880.910.880.910.990.91-0.630.940.720.990.980.970.920.930.890.680.880.750.940.490.99
0.690.70.740.590.890.850.670.560.730.82-0.580.760.880.650.740.680.60.780.80.480.740.170.820.340.7
0.940.70.910.960.820.960.790.980.910.94-0.690.990.710.950.890.90.980.940.940.80.840.810.970.490.93
0.990.740.910.860.910.90.910.860.980.93-0.630.910.760.961.00.980.870.940.90.680.890.670.940.510.98
0.910.590.960.860.770.920.740.940.880.89-0.660.950.610.930.850.850.980.880.890.720.820.780.910.390.9
0.880.890.820.910.770.910.790.720.910.91-0.620.870.860.840.920.850.760.910.880.580.930.410.920.330.91
0.910.850.960.90.920.910.790.890.910.94-0.690.980.780.910.890.860.910.930.940.70.860.610.970.450.91
0.880.670.790.910.740.790.790.760.890.81-0.60.770.70.850.90.930.740.870.810.50.710.560.840.750.87
0.910.560.980.860.940.720.890.760.860.89-0.660.950.610.920.850.880.990.910.90.830.780.890.910.520.89
0.990.730.910.980.880.910.910.890.860.91-0.640.920.770.980.980.960.880.920.880.590.880.670.930.50.98
0.910.820.940.930.890.910.940.810.890.91-0.740.950.850.890.930.910.90.970.990.760.890.620.980.490.91
-0.63-0.58-0.69-0.63-0.66-0.62-0.69-0.6-0.66-0.64-0.74-0.7-0.64-0.63-0.65-0.56-0.62-0.7-0.73-0.52-0.6-0.46-0.71-0.43-0.63
0.940.760.990.910.950.870.980.770.950.920.95-0.70.740.940.90.890.960.940.950.790.870.740.980.430.93
0.720.880.710.760.610.860.780.70.610.770.85-0.640.740.670.760.730.630.830.850.390.760.280.840.480.73
0.990.650.950.960.930.840.910.850.920.980.89-0.630.940.670.950.950.930.910.870.680.860.790.920.470.98
0.980.740.891.00.850.920.890.90.850.980.93-0.650.90.760.950.970.860.940.890.680.90.650.930.470.98
0.970.680.90.980.850.850.860.930.880.960.91-0.560.890.730.950.970.890.940.890.670.850.720.920.580.96
0.920.60.980.870.980.760.910.740.990.880.9-0.620.960.630.930.860.890.910.910.80.820.850.930.440.9
0.930.780.940.940.880.910.930.870.910.920.97-0.70.940.830.910.940.940.910.980.760.910.670.990.530.94
0.890.80.940.90.890.880.940.810.90.880.99-0.730.950.850.870.890.890.910.980.750.870.640.990.540.89
0.680.480.80.680.720.580.70.50.830.590.76-0.520.790.390.680.680.670.80.760.750.690.730.730.210.68
0.880.740.840.890.820.930.860.710.780.880.89-0.60.870.760.860.90.850.820.910.870.690.550.90.190.92
0.750.170.810.670.780.410.610.560.890.670.62-0.460.740.280.790.650.720.850.670.640.730.550.660.440.72
0.940.820.970.940.910.920.970.840.910.930.98-0.710.980.840.920.930.920.930.990.990.730.90.660.520.94
0.490.340.490.510.390.330.450.750.520.50.49-0.430.430.480.470.470.580.440.530.540.210.190.440.520.45
0.990.70.930.980.90.910.910.870.890.980.91-0.630.930.730.980.980.960.90.940.890.680.920.720.940.45
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ADAMA Account Relationship Matchups

ADAMA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets45.3B46.8B50.2B58.0B55.4B58.2B
Other Current Liab2.3B3.5B2.9B4.1B753.8M1.1B
Total Current Liabilities11.9B12.9B14.4B20.7B18.9B19.8B
Total Stockholder Equity22.4B21.4B21.1B23.1B21.9B23.0B
Other Liab1.5B1.5B2.8B2.3B2.7B2.8B
Retained Earnings5.8B6.1B6.2B6.7B4.7B2.7B
Accounts Payable4.5B4.9B6.8B8.6B5.3B5.5B
Cash4.3B3.9B5.8B4.3B4.9B5.1B
Other Assets1.2B1.1B1.3B2.0B2.3B2.5B
Long Term Debt8.9B10.5B11.3B11.0B9.8B10.3B
Net Receivables9.5B8.8B8.4B9.0B8.1B8.6B
Short Term Investments29.5M1.3M1.5M1.7M1.9M1.8M
Inventory9.9B10.3B11.8B16.9B13.1B13.7B
Other Current Assets1.4B2.7B1.4B1.5B1.1B603.8M
Total Liab22.9B25.4B29.2B34.9B33.5B35.2B
Intangible Assets5.8B5.2B5.3B5.3B5.3B5.6B
Property Plant Equipment8.3B8.5B10.7B12.5B14.3B15.1B
Net Tangible Assets12.0B11.5B11.3B13.0B14.9B11.0B
Good Will4.5B4.6B4.4B4.8B5.0B4.3B
Other Stockholder Equity1.6B(56.1M)(41.9M)1.5B1.7B1.8B
Short Long Term Debt2.0B1.2B874.8M3.3B5.7B6.0B
Total Current Assets25.1B27.2B28.4B33.1B29.6B26.1B
Non Current Assets Total20.1B19.6B21.8B24.8B25.8B20.4B
Non Currrent Assets Other246.2M257.3M504.6M604.8M435.2M338.1M
Non Current Liabilities Total11.0B12.4B14.8B14.1B14.6B11.8B
Non Current Liabilities Other581.6M597.3M1.9B1.6B3.3B3.5B
Net Debt6.6B7.8B6.4B10.1B10.7B7.3B
Net Invested Capital33.3B33.0B33.2B37.5B37.5B36.9B
Net Working Capital13.2B14.3B14.0B12.4B10.7B10.3B

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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.