Adcore Historical Financial Ratios
| ADCO Stock | CAD 0.18 0.01 5.88% |
Adcore is presently reporting on over 93 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.14, PTB Ratio of 0.95 or Days Sales Outstanding of 49.46 will help investors to properly organize and evaluate Adcore Inc financial condition quickly.
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About Adcore Financial Ratios Analysis
Adcore IncFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Adcore investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Adcore financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Adcore history.
Adcore Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Adcore Inc stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Adcore sales, a figure that is much harder to manipulate than other Adcore Inc multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Adcore Inc dividend as a percentage of Adcore stock price. Adcore Inc dividend yield is a measure of Adcore stock productivity, which can be interpreted as interest rate earned on an Adcore investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.Income Quality
An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.Net Debt To E B I T D A
A leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA).Most ratios from Adcore's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Adcore Inc current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Adcore Inc. 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. At this time, Adcore's POCF Ratio is very stable compared to the past year. As of the 1st of December 2024, Payout Ratio is likely to grow to 2.07, while Price To Sales Ratio is likely to drop 0.33.
| 2023 | 2024 (projected) | Dividend Yield | 0.15 | 0.14 | Price To Sales Ratio | 0.35 | 0.33 |
Adcore fundamentals Correlations
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Adcore Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Adcore fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 1.51 | 2.67 | 1.21 | 0.7 | 0.35 | 0.33 | |
| Ptb Ratio | 3.06 | 6.58 | 2.77 | 1.41 | 0.9 | 0.95 | |
| Book Value Per Share | 0.11 | 0.12 | 0.2 | 0.16 | 0.15 | 0.29 | |
| Free Cash Flow Yield | 0.14 | 0.11 | (0.0713) | (0.28) | (0.0182) | (0.0191) | |
| Operating Cash Flow Per Share | 0.0613 | 0.0938 | (0.0235) | (0.041) | 0.0144 | 0.009545 | |
| Stock Based Compensation To Revenue | 0.0148 | 0.0248 | 0.0291 | 0.0189 | 0.007651 | 0.007269 | |
| Pb Ratio | 3.06 | 6.58 | 2.77 | 1.41 | 0.9 | 0.95 | |
| Ev To Sales | 1.2 | 2.17 | 0.83 | 0.38 | 0.0822 | 0.0863 | |
| Free Cash Flow Per Share | 0.0481 | 0.0834 | (0.0395) | (0.0609) | (0.002475) | (0.002598) | |
| Roic | 0.27 | 0.32 | (0.79) | 0.11 | (0.0464) | (0.0441) | |
| Net Income Per Share | 0.0267 | 0.011 | (0.004535) | (0.036) | (0.016) | (0.0168) | |
| Days Of Inventory On Hand | 9.1E-5 | (2.38) | 1.9E-5 | 3.3E-5 | 2.9E-5 | 3.1E-5 | |
| Payables Turnover | 7.42 | 3.52 | 5.58 | 3.14 | 3.63 | 5.29 | |
| Sales General And Administrative To Revenue | 0.33 | 0.17 | 0.16 | 0.27 | 0.24 | 0.23 | |
| Research And Ddevelopement To Revenue | 0.0522 | 0.0534 | 0.0517 | 0.0633 | 0.0532 | 0.0505 | |
| Capex To Revenue | 0.058 | 0.0359 | 0.0348 | 0.0626 | 0.043 | 0.0409 | |
| Cash Per Share | 0.0752 | 0.15 | 0.18 | 0.11 | 0.1 | 0.0983 | |
| Pocfratio | 5.64 | 8.2 | (23.54) | (5.39) | 9.43 | 9.9 | |
| Capex To Operating Cash Flow | 0.22 | 0.11 | (0.68) | (0.48) | 1.17 | 1.23 | |
| Pfcf Ratio | 7.2 | 9.22 | (14.02) | (3.63) | (54.84) | (52.1) | |
| Days Payables Outstanding | 49.18 | 103.69 | 65.42 | 116.33 | 100.54 | 95.51 | |
| Income Quality | 2.3 | 8.52 | 5.18 | 1.14 | (0.9) | (0.85) | |
| Roe | (0.18) | 0.24 | 0.0941 | (0.0227) | (0.23) | (0.11) | |
| Ev To Operating Cash Flow | 4.48 | 6.69 | (16.14) | (2.91) | 2.24 | 3.71 | |
| Pe Ratio | 12.97 | 69.92 | (122.02) | (6.15) | (8.48) | (8.91) | |
| Return On Tangible Assets | 0.21 | 0.0585 | (0.0181) | (0.19) | (0.0833) | (0.0874) | |
| Ev To Free Cash Flow | 5.72 | 7.52 | (9.62) | (1.96) | (13.02) | (12.37) | |
| Earnings Yield | (0.45) | 0.0771 | 0.0143 | (0.008195) | (0.16) | (0.12) | |
| Intangibles To Total Assets | 0.19 | 0.13 | 0.11 | 0.18 | 0.21 | 0.2 | |
| Net Debt To E B I T D A | (1.58) | (6.55) | (12.56) | (16.08) | (16.96) | (16.11) | |
| Current Ratio | 3.26 | 2.21 | 3.32 | 2.47 | 2.06 | 1.96 | |
| Tangible Book Value Per Share | 0.0833 | 0.0886 | 0.17 | 0.11 | 0.098 | 0.0714 | |
| Graham Number | 0.26 | 0.17 | 0.14 | 0.36 | 0.23 | 0.22 | |
| Shareholders Equity Per Share | 0.11 | 0.12 | 0.2 | 0.16 | 0.15 | 0.29 |
Pair Trading with Adcore
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 Adcore 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 Adcore will appreciate offsetting losses from the drop in the long position's value.Moving against Adcore Stock
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The ability to find closely correlated positions to Adcore could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adcore 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 Adcore - 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 Adcore Inc to buy it.
The correlation of Adcore 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 Adcore moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adcore Inc 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 Adcore 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 Adcore Stock
Adcore IncFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Adcore investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Adcore financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Adcore history.