Agree Interest Expense vs Ebit Analysis

ADC Stock  USD 77.12  0.11  0.14%   
Agree Realty financial indicator trend analysis is way more than just evaluating Agree Realty prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Agree Realty is a good investment. Please check the relationship between Agree Realty Interest Expense and its Ebit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agree Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Agree Stock refer to our How to Trade Agree Stock guide.

Interest Expense vs Ebit

Interest Expense vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Agree Realty Interest Expense account and Ebit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Agree Realty's Interest Expense and Ebit is 0.97. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Ebit in the same time period over historical financial statements of Agree Realty, assuming nothing else is changed. The correlation between historical values of Agree Realty's Interest Expense and Ebit 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 Expense of Agree Realty are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Interest Expense i.e., Agree Realty's Interest Expense and Ebit go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Ebit

Most indicators from Agree Realty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Agree Realty 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 Agree Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Agree Stock refer to our How to Trade Agree Stock guide.At present, Agree Realty's Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 857.5 M, whereas Tax Provision is forecasted to decline to about 1.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit298.3M377.5M297.8M312.7M
Total Revenue363.6M463.2M537.5M564.4M

Agree Realty fundamental ratios Correlations

-0.151.00.791.0-0.971.00.190.970.151.0-0.521.01.01.00.160.860.240.840.850.151.00.990.99-0.220.91
-0.15-0.140.0-0.150.1-0.15-0.24-0.11-0.24-0.16-0.06-0.15-0.14-0.150.1-0.25-0.99-0.24-0.15-0.24-0.15-0.17-0.181.0-0.16
1.0-0.140.791.0-0.971.00.170.980.141.0-0.531.01.01.00.160.850.240.840.850.141.00.990.99-0.210.91
0.790.00.790.78-0.850.79-0.290.73-0.070.79-0.610.780.80.780.230.560.050.520.53-0.060.790.80.79-0.050.78
1.0-0.151.00.78-0.971.00.210.970.141.0-0.511.01.01.00.170.860.240.840.850.151.00.990.99-0.220.91
-0.970.1-0.97-0.85-0.97-0.970.03-0.95-0.01-0.960.63-0.96-0.97-0.96-0.14-0.76-0.18-0.73-0.72-0.01-0.97-0.95-0.940.17-0.87
1.0-0.151.00.791.0-0.970.180.980.141.0-0.521.01.01.00.160.860.240.840.850.151.00.990.99-0.220.91
0.19-0.240.17-0.290.210.030.180.180.460.220.440.220.170.230.20.40.290.430.50.460.180.230.25-0.250.17
0.97-0.110.980.730.97-0.950.980.180.060.96-0.520.970.980.970.110.770.20.830.850.060.970.950.94-0.180.85
0.15-0.240.14-0.070.14-0.010.140.460.060.180.420.170.130.170.270.580.270.10.151.00.160.20.21-0.250.39
1.0-0.161.00.791.0-0.961.00.220.960.18-0.491.01.01.00.210.880.250.840.850.181.01.01.0-0.230.92
-0.52-0.06-0.53-0.61-0.510.63-0.520.44-0.520.42-0.49-0.5-0.53-0.490.03-0.180.03-0.31-0.290.42-0.52-0.49-0.48-0.03-0.35
1.0-0.151.00.781.0-0.961.00.220.970.171.0-0.51.01.00.170.870.240.830.840.171.00.990.99-0.220.91
1.0-0.141.00.81.0-0.971.00.170.980.131.0-0.531.01.00.160.850.240.840.850.131.00.990.99-0.210.91
1.0-0.151.00.781.0-0.961.00.230.970.171.0-0.491.01.00.170.870.250.840.850.171.00.990.99-0.220.91
0.160.10.160.230.17-0.140.160.20.110.270.210.030.170.160.170.29-0.080.220.180.270.150.230.230.080.22
0.86-0.250.850.560.86-0.760.860.40.770.580.88-0.180.870.850.870.290.330.760.750.590.860.880.89-0.310.91
0.24-0.990.240.050.24-0.180.240.290.20.270.250.030.240.240.25-0.080.330.330.240.270.240.260.27-1.00.24
0.84-0.240.840.520.84-0.730.840.430.830.10.84-0.310.830.840.840.220.760.330.920.110.830.840.85-0.30.75
0.85-0.150.850.530.85-0.720.850.50.850.150.85-0.290.840.850.850.180.750.240.920.160.830.860.87-0.210.72
0.15-0.240.14-0.060.15-0.010.150.460.061.00.180.420.170.130.170.270.590.270.110.160.160.20.21-0.250.4
1.0-0.151.00.791.0-0.971.00.180.970.161.0-0.521.01.01.00.150.860.240.830.830.160.990.99-0.220.92
0.99-0.170.990.80.99-0.950.990.230.950.21.0-0.490.990.990.990.230.880.260.840.860.20.991.0-0.240.93
0.99-0.180.990.790.99-0.940.990.250.940.211.0-0.480.990.990.990.230.890.270.850.870.210.991.0-0.250.93
-0.221.0-0.21-0.05-0.220.17-0.22-0.25-0.18-0.25-0.23-0.03-0.22-0.21-0.220.08-0.31-1.0-0.3-0.21-0.25-0.22-0.24-0.25-0.22
0.91-0.160.910.780.91-0.870.910.170.850.390.92-0.350.910.910.910.220.910.240.750.720.40.920.930.93-0.22
Click cells to compare fundamentals

Agree Realty Account Relationship Matchups

Agree Realty fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7B3.9B5.2B6.7B7.8B8.2B
Short Long Term Debt Total872.3M1.2B1.7B3.8B2.4B2.1B
Total Stockholder Equity1.7B2.5B3.4B4.6B5.2B5.5B
Net Debt856.7M1.2B1.6B1.9B2.4B2.5B
Retained Earnings(57.1M)(91.3M)(147.4M)(228.1M)(346.5M)(329.1M)
Non Current Assets Total2.6B3.8B5.1B6.6B7.7B8.1B
Non Currrent Assets Other2.2B3.4B4.4B17.0M16.1M15.3M
Other Assets357.2M3.8B5.1B5.8B6.7B7.0B
Cash And Short Term Investments15.6M6.1M43.3M27.8M10.9M10.8M
Common Stock Shares Outstanding41.2M52.4M67.1M79.2M95.4M100.2M
Liabilities And Stockholders Equity2.7B3.9B5.2B6.7B7.8B8.2B
Non Current Liabilities Total899.0M1.3B1.7B2.0B2.5B2.6B
Other Stockholder Equity1.8B2.7B3.4B4.7B5.4B5.6B
Total Liab973.0M1.4B1.8B2.1B2.6B2.7B
Total Current Assets72.7M47.0M104.4M94.8M101.1M106.2M
Other Current Liab(64.0M)816.1M1.5B(1.8B)37.3M39.2M
Total Current Liabilities74.0M105.9M86.9M106.1M89.3M93.8M
Accounts Payable49.0M71.4M70.0M83.7M52.0M54.6M
Cash15.6M6.1M43.3M27.8M10.9M11.2M
Net Receivables26.8M37.8M53.4M65.8M83.0M87.1M
Common Stock Total Equity5K6K7K9K10.4K10.9K
Accumulated Other Comprehensive Income(6.5M)(36.3M)(5.5M)23.6M16.6M17.4M
Common Stock5K6K7K9K10K10.5K
Short Term Debt89M998K850K1.8B6.6M6.2M
Other Liab21.8M29.5M33.1M49.2M56.6M59.4M
Long Term Debt783.3M1.1B1.5B1.9B2.4B2.5B
Other Current Assets26.6M3.0M7.7M(94.8M)7.3M7.6M
Inventory3.8M48.8M106.4M95.9M110.3M115.8M
Intangible Assets343.5M473.6M672.0M799.4M854.1M896.8M
Net Tangible Assets1.3B2.1B3.2B3.7B4.2B4.4B
Noncontrolling Interest In Consolidated Entity2.2M1.8M1.6M1.4M1.3M1.8M
Retained Earnings Total Equity(57.1M)(91.3M)(147.4M)(228.1M)(205.3M)(195.1M)
Long Term Debt Total783.3M1.1B1.5B1.9B2.2B2.3B
Capital Surpluse1.8B2.7B3.4B4.7B5.4B5.6B
Deferred Long Term Liab343.5M473.6M672.0M799.4M919.4M965.3M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Agree Realty offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Agree Realty's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Agree Realty Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agree Realty Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agree Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Agree Stock refer to our How to Trade Agree Stock guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Retail REITs 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 Agree Realty. If investors know Agree 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 Agree Realty 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
0.032
Dividend Share
2.982
Earnings Share
1.81
Revenue Per Share
5.985
Quarterly Revenue Growth
0.128
The market value of Agree Realty is measured differently than its book value, which is the value of Agree that is recorded on the company's balance sheet. Investors also form their own opinion of Agree Realty's value that differs from its market value or its book value, called intrinsic value, which is Agree Realty'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 Agree Realty's market value can be influenced by many factors that don't directly affect Agree Realty'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 Agree Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Agree Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agree Realty'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.