Adacel Total Revenue vs Income Before Tax Analysis

ADA Stock

0.45 0.02 4.65%

Adacel Tech financial indicator trend analysis is way more than just evaluating Adacel Tech prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Adacel Tech is a good investment. Please check the relationship between Adacel Tech Total Revenue and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adacel Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Revenue vs Income Before Tax

Total Revenue vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Adacel Tech Total Revenue account and Income Before Tax. At this time, the significance of the direction appears to have strong relationship.

The correlation between Adacel Tech's Total Revenue and Income Before Tax is 0.62. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Adacel Tech, assuming nothing else is changed. The correlation between historical values of Adacel Tech's Total Revenue and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Adacel Tech are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Total Revenue i.e., Adacel Tech's Total Revenue and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.62

Relationship Direction	Positive
Relationship Strength	Significant

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Total Revenue

Total revenue comprises all receipts Adacel Tech generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Adacel Tech income statement and is an important metric when analyzing Adacel Tech profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Most indicators from Adacel Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Adacel Tech 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 Adacel Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Tax Provision is likely to gain to about 544.6 K in 2024, whereas Selling General Administrative is likely to drop slightly above 16.9 M in 2024.

	2021	2022	2023	2024 (projected)
Research Development	507.2K	360.4K	1.2M	1.2M
Total Revenue	26.1M	26.9M	31.0M	29.9M

Research Development Total Revenue

Adacel Tech fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Retained Earnings
Total Assets		0.44	0.73	0.61	0.6	0.49	0.51	-0.16	-0.44	0.53	0.44	-0.19	-0.09	0.52	0.66	0.27	0.48	0.31	-0.36	-0.29	0.61	0.34	0.75	0.19	-0.22	-0.22
Short Long Term Debt Total	0.44		0.52	0.66	-0.31	0.8	0.22	0.64	-0.29	-0.22	0.4	0.02	-0.46	-0.23	0.21	0.17	0.64	0.41	0.0	-0.13	0.65	0.84	0.12	0.78	-0.07	0.03
Other Current Liab	0.73	0.52		0.69	0.25	0.66	0.59	0.28	-0.62	-0.03	0.75	-0.34	-0.28	-0.04	0.46	0.15	0.63	0.23	-0.13	-0.65	0.75	0.51	0.25	0.1	0.03	-0.21
Total Current Liabilities	0.61	0.66	0.69		-0.14	0.59	0.71	0.31	-0.04	0.0	0.24	-0.22	-0.07	-0.01	0.59	0.67	0.63	0.52	0.13	-0.36	0.93	0.5	0.48	0.45	-0.55	-0.6
Total Stockholder Equity	0.6	-0.31	0.25	-0.14		-0.22	0.04	-0.73	-0.5	0.78	0.18	-0.07	0.04	0.77	0.38	-0.21	-0.23	-0.04	-0.55	0.01	-0.14	-0.34	0.56	-0.36	0.1	0.16
Property Plant And Equipment Net	0.49	0.8	0.66	0.59	-0.22		0.37	0.69	-0.34	-0.3	0.69	-0.02	-0.47	-0.31	0.07	0.11	0.88	0.21	0.11	-0.44	0.75	0.94	-0.01	0.41	0.11	0.0
Current Deferred Revenue	0.51	0.22	0.59	0.71	0.04	0.37		0.07	-0.06	0.01	0.2	0.06	-0.05	0.0	0.54	0.69	0.57	0.12	0.21	-0.48	0.74	0.24	0.42	-0.17	-0.52	-0.67
Net Debt	-0.16	0.64	0.28	0.31	-0.73	0.69	0.07		-0.1	-0.86	0.48	0.11	-0.28	-0.87	-0.31	-0.07	0.61	0.28	0.42	-0.3	0.43	0.78	-0.57	0.47	0.3	0.17
Accounts Payable	-0.44	-0.29	-0.62	-0.04	-0.5	-0.34	-0.06	-0.1		-0.03	-0.75	-0.12	0.46	-0.02	-0.09	0.49	-0.18	-0.06	0.33	0.23	-0.14	-0.33	0.06	0.03	-0.54	-0.53
Cash	0.53	-0.22	-0.03	0.0	0.78	-0.3	0.01	-0.86	-0.03		-0.3	-0.12	0.18	1.0	0.46	0.17	-0.3	-0.04	-0.53	0.27	-0.11	-0.41	0.82	-0.12	-0.38	-0.16
Non Current Assets Total	0.44	0.4	0.75	0.24	0.18	0.69	0.2	0.48	-0.75	-0.3		-0.07	-0.3	-0.31	-0.07	-0.4	0.65	0.14	-0.06	-0.5	0.47	0.59	-0.26	-0.03	0.55	0.34
Non Currrent Assets Other	-0.19	0.02	-0.34	-0.22	-0.07	-0.02	0.06	0.11	-0.12	-0.12	-0.07		-0.09	-0.13	-0.15	-0.05	0.02	0.09	0.07	0.46	-0.13	0.14	-0.15	-0.06	0.03	0.33
Other Assets	-0.09	-0.46	-0.28	-0.07	0.04	-0.47	-0.05	-0.28	0.46	0.18	-0.3	-0.09		0.19	-0.07	0.2	-0.14	0.31	0.15	0.15	-0.1	-0.47	0.14	-0.18	-0.26	-0.29
Cash And Short Term Investments	0.52	-0.23	-0.04	-0.01	0.77	-0.31	0.0	-0.87	-0.02	1.0	-0.31	-0.13	0.19		0.45	0.18	-0.3	-0.05	-0.53	0.28	-0.11	-0.42	0.82	-0.13	-0.39	-0.17
Net Receivables	0.66	0.21	0.46	0.59	0.38	0.07	0.54	-0.31	-0.09	0.46	-0.07	-0.15	-0.07	0.45		0.52	0.05	0.27	-0.49	0.04	0.4	-0.09	0.77	0.11	-0.6	-0.55
Common Stock Shares Outstanding	0.27	0.17	0.15	0.67	-0.21	0.11	0.69	-0.07	0.49	0.17	-0.4	-0.05	0.2	0.18	0.52		0.27	0.17	0.3	-0.19	0.55	0.07	0.58	0.15	-0.88	-0.89
Non Current Liabilities Total	0.48	0.64	0.63	0.63	-0.23	0.88	0.57	0.61	-0.18	-0.3	0.65	0.02	-0.14	-0.3	0.05	0.27		0.22	0.2	-0.46	0.85	0.78	0.02	0.18	-0.08	-0.22
Inventory	0.31	0.41	0.23	0.52	-0.04	0.21	0.12	0.28	-0.06	-0.04	0.14	0.09	0.31	-0.05	0.27	0.17	0.22		0.06	0.11	0.42	0.25	0.23	0.53	-0.17	0.01
Other Current Assets	-0.36	0.0	-0.13	0.13	-0.55	0.11	0.21	0.42	0.33	-0.53	-0.06	0.07	0.15	-0.53	-0.49	0.3	0.2	0.06		-0.48	0.17	0.26	-0.34	0.12	0.04	-0.16
Other Stockholder Equity	-0.29	-0.13	-0.65	-0.36	0.01	-0.44	-0.48	-0.3	0.23	0.27	-0.5	0.46	0.15	0.28	0.04	-0.19	-0.46	0.11	-0.48		-0.46	-0.4	0.05	0.09	-0.2	0.25
Total Liab	0.61	0.65	0.75	0.93	-0.14	0.75	0.74	0.43	-0.14	-0.11	0.47	-0.13	-0.1	-0.11	0.4	0.55	0.85	0.42	0.17	-0.46		0.63	0.31	0.28	-0.39	-0.5
Property Plant And Equipment Gross	0.34	0.84	0.51	0.5	-0.34	0.94	0.24	0.78	-0.33	-0.41	0.59	0.14	-0.47	-0.42	-0.09	0.07	0.78	0.25	0.26	-0.4	0.63		-0.12	0.56	0.2	0.14
Total Current Assets	0.75	0.12	0.25	0.48	0.56	-0.01	0.42	-0.57	0.06	0.82	-0.26	-0.15	0.14	0.82	0.77	0.58	0.02	0.23	-0.34	0.05	0.31	-0.12		0.16	-0.65	-0.5
Short Term Debt	0.19	0.78	0.1	0.45	-0.36	0.41	-0.17	0.47	0.03	-0.12	-0.03	-0.06	-0.18	-0.13	0.11	0.15	0.18	0.53	0.12	0.09	0.28	0.56	0.16		-0.07	0.1
Intangible Assets	-0.22	-0.07	0.03	-0.55	0.1	0.11	-0.52	0.3	-0.54	-0.38	0.55	0.03	-0.26	-0.39	-0.6	-0.88	-0.08	-0.17	0.04	-0.2	-0.39	0.2	-0.65	-0.07		0.84
Retained Earnings	-0.22	0.03	-0.21	-0.6	0.16	0.0	-0.67	0.17	-0.53	-0.16	0.34	0.33	-0.29	-0.17	-0.55	-0.89	-0.22	0.01	-0.16	0.25	-0.5	0.14	-0.5	0.1	0.84

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Adacel Tech Account Relationship Matchups

Adacel Tech fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	39.2M	41.5M	26.9M	35.3M	26.1M	31.1M
Short Long Term Debt Total	7.6M	7.5M	3.9M	4.2M	10.8M	11.4M
Other Current Liab	7.9M	7.1M	3.0M	9.5M	4.7M	3.4M
Total Current Liabilities	15.5M	13.4M	9.3M	13.5M	15.7M	11.8M
Total Stockholder Equity	15.4M	19.6M	13.9M	16.2M	5.3M	5.0M
Property Plant And Equipment Net	7.6M	6.5M	3.9M	5.7M	5.9M	6.2M
Current Deferred Revenue	4.4M	4.1M	4.1M	4.2M	1.5M	1.8M
Net Debt	2.4M	(4.1M)	2.0M	2.8M	9.3M	9.7M
Accounts Payable	1.8M	1.5M	1.3M	1.1M	2.4M	3.7M
Cash	5.2M	11.6M	1.9M	1.4M	1.5M	1.5M
Non Current Assets Total	17.4M	14.4M	10.6M	17.2M	10.3M	7.3M
Non Currrent Assets Other	50.0K	11.7K	2.3M	(1.1M)	100K	123.6K
Cash And Short Term Investments	5.2M	11.6M	1.9M	1.4M	1.5M	1.5M
Net Receivables	14.8M	9.7M	7.7M	9.1M	6.9M	10.3M
Common Stock Shares Outstanding	77.2M	77.1M	76.6M	76.3M	76.2M	78.5M
Liabilities And Stockholders Equity	39.2M	41.5M	27.9M	35.3M	26.1M	31.1M
Non Current Liabilities Total	8.3M	8.6M	4.7M	5.5M	5.0M	5.3M
Inventory	1.3M	534K	1.0M	659.1K	2.0M	1.1M
Other Current Assets	496K	676K	5.7M	7.0M	5.3M	3.2M
Other Stockholder Equity	(0.15)	(7.1M)	(1.47)	(26.1M)	8.7K	9.1K
Total Liab	23.9M	21.9M	14.0M	19.1M	20.8M	14.1M
Property Plant And Equipment Gross	7.6M	8.5M	7.8M	7.9M	10.1M	10.6M
Total Current Assets	21.8M	27.0M	16.3M	18.1M	15.8M	21.1M
Accumulated Other Comprehensive Income	(476K)	235K	(6.0M)	(9.9M)	(6.9M)	(6.6M)
Short Term Debt	1.4M	1.0M	892.9K	1.4M	6.6M	7.0M
Intangible Assets	1.2M	1.9M	4.5M	7.0M	2.6M	3.5M
Retained Earnings	(55.6M)	(51.5M)	(33.4M)	(53.8M)	(40.9M)	(42.9M)
Common Stock	71.5M	70.9M	53.3M	79.9M	53.1M	67.0M
Other Liab	763K	861K	775K	930K	1.1M	1.2M
Short Term Investments	55K	37.6K	4.5M	16K	772.8K	559.2K
Property Plant Equipment	7.6M	6.5M	3.9M	3.8M	4.4M	2.8M
Net Tangible Assets	14.2M	17.6M	9.4M	6.1M	5.5M	5.2M
Long Term Investments	41K	42K	50K	47K	54.1K	45.1K
Long Term Debt Total	6.2M	6.1M	3.0M	2.8M	3.2M	2.8M

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