Adriatic Capital Expenditures vs Stock Based Compensation Analysis

ADT Stock

4.17 0.04 0.97%

Adriatic Metals financial indicator trend analysis is way more than just evaluating Adriatic Metals Plc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Adriatic Metals Plc is a good investment. Please check the relationship between Adriatic Metals Capital Expenditures and its Stock Based Compensation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adriatic Metals Plc. 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.

Capital Expenditures vs Stock Based Compensation

Capital Expenditures vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Adriatic Metals Plc Capital Expenditures account and Stock Based Compensation. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Adriatic Metals' Capital Expenditures and Stock Based Compensation is -0.02. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Adriatic Metals Plc, assuming nothing else is changed. The correlation between historical values of Adriatic Metals' Capital Expenditures and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Adriatic Metals Plc are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Capital Expenditures i.e., Adriatic Metals' Capital Expenditures and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

-0.02

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by Adriatic Metals Plc to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Adriatic Metals operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Most indicators from Adriatic Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Adriatic Metals Plc 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 Adriatic Metals Plc. 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.

Selling General Administrative is likely to gain to about 10.4 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 28.1 M in 2024.

	2022	2023	2024 (projected)
Depreciation And Amortization	1.3M	1.5M	1.6M
Interest Income	334.5K	1.6M	1.6M

Depreciation And Amortization Interest Income

Adriatic Metals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.89	0.88	0.82	0.97	0.93	0.42	-0.93	0.89	0.66	0.97	0.46	-0.8	0.72	0.95	0.68	0.82	0.96	0.98	0.84	0.86	0.98	0.94	0.99	0.97	0.77
Other Current Liab	0.89		1.0	0.52	0.77	0.96	0.71	-0.9	0.99	0.29	0.96	0.27	-0.94	0.38	0.97	0.47	0.7	0.93	0.78	0.99	0.68	0.8	0.97	0.89	0.96	0.42
Total Current Liabilities	0.88	1.0		0.49	0.75	0.98	0.76	-0.91	1.0	0.26	0.97	0.2	-0.95	0.34	0.98	0.45	0.74	0.94	0.77	0.99	0.71	0.79	0.98	0.88	0.96	0.4
Total Stockholder Equity	0.82	0.52	0.49		0.92	0.59	-0.12	-0.64	0.5	0.94	0.67	0.65	-0.34	0.97	0.63	0.78	0.65	0.67	0.91	0.41	0.7	0.9	0.6	0.8	0.69	0.99
Net Tangible Assets	0.97	0.77	0.75	0.92		0.83	0.21	-0.86	0.77	0.81	0.89	0.55	-0.66	0.85	0.86	0.75	0.77	0.88	1.0	0.69	0.85	1.0	0.84	0.95	0.89	0.89
Property Plant And Equipment Net	0.93	0.96	0.98	0.59	0.83		0.71	-0.97	0.98	0.36	0.99	0.18	-0.91	0.43	0.99	0.51	0.84	0.99	0.85	0.96	0.83	0.87	1.0	0.91	0.98	0.51
Net Debt	0.42	0.71	0.76	-0.12	0.21	0.71		-0.66	0.76	-0.4	0.63	-0.32	-0.75	-0.32	0.66	0.01	0.56	0.64	0.24	0.79	0.46	0.28	0.7	0.44	0.61	-0.23
Retained Earnings	-0.93	-0.9	-0.91	-0.64	-0.86	-0.97	-0.66		-0.94	-0.4	-0.97	-0.26	0.82	-0.48	-0.97	-0.61	-0.92	-0.99	-0.87	-0.87	-0.92	-0.89	-0.97	-0.94	-0.97	-0.56
Accounts Payable	0.89	0.99	1.0	0.5	0.77	0.98	0.76	-0.94		0.26	0.97	0.19	-0.94	0.35	0.98	0.47	0.77	0.96	0.78	0.99	0.75	0.81	0.99	0.89	0.97	0.41
Cash	0.66	0.29	0.26	0.94	0.81	0.36	-0.4	-0.4	0.26		0.46	0.72	-0.18	0.99	0.41	0.67	0.38	0.44	0.79	0.17	0.51	0.76	0.37	0.63	0.48	0.97
Non Current Assets Total	0.97	0.96	0.97	0.67	0.89	0.99	0.63	-0.97	0.97	0.46		0.33	-0.89	0.53	1.0	0.58	0.83	0.99	0.9	0.94	0.84	0.92	0.99	0.96	1.0	0.59
Non Currrent Assets Other	0.46	0.27	0.2	0.65	0.55	0.18	-0.32	-0.26	0.19	0.72	0.33		-0.14	0.71	0.29	0.58	0.09	0.29	0.51	0.12	0.23	0.53	0.25	0.55	0.38	0.66
Other Assets	-0.8	-0.94	-0.95	-0.34	-0.66	-0.91	-0.75	0.82	-0.94	-0.18	-0.89	-0.14		-0.23	-0.91	-0.3	-0.57	-0.87	-0.68	-0.95	-0.62	-0.7	-0.91	-0.79	-0.88	-0.27
Cash And Short Term Investments	0.72	0.38	0.34	0.97	0.85	0.43	-0.32	-0.48	0.35	0.99	0.53	0.71	-0.23		0.49	0.71	0.46	0.52	0.84	0.26	0.56	0.81	0.45	0.69	0.55	0.99
Net Receivables	0.95	0.97	0.98	0.63	0.86	0.99	0.66	-0.97	0.98	0.41	1.0	0.29	-0.91	0.49		0.58	0.82	0.99	0.87	0.95	0.82	0.89	1.0	0.95	0.99	0.55
Common Stock Total Equity	0.68	0.47	0.45	0.78	0.75	0.51	0.01	-0.61	0.47	0.67	0.58	0.58	-0.3	0.71	0.58		0.55	0.57	0.73	0.4	0.57	0.71	0.53	0.71	0.61	0.74
Common Stock Shares Outstanding	0.82	0.7	0.74	0.65	0.77	0.84	0.56	-0.92	0.77	0.38	0.83	0.09	-0.57	0.46	0.82	0.55		0.88	0.79	0.69	0.94	0.8	0.83	0.8	0.82	0.57
Non Current Liabilities Total	0.96	0.93	0.94	0.67	0.88	0.99	0.64	-0.99	0.96	0.44	0.99	0.29	-0.87	0.52	0.99	0.57	0.88		0.9	0.91	0.9	0.92	0.99	0.96	0.99	0.59
Capital Surpluse	0.98	0.78	0.77	0.91	1.0	0.85	0.24	-0.87	0.78	0.79	0.9	0.51	-0.68	0.84	0.87	0.73	0.79	0.9		0.7	0.86	1.0	0.85	0.95	0.9	0.88
Inventory	0.84	0.99	0.99	0.41	0.69	0.96	0.79	-0.87	0.99	0.17	0.94	0.12	-0.95	0.26	0.95	0.4	0.69	0.91	0.7		0.65	0.73	0.96	0.82	0.93	0.31
Other Current Assets	0.86	0.68	0.71	0.7	0.85	0.83	0.46	-0.92	0.75	0.51	0.84	0.23	-0.62	0.56	0.82	0.57	0.94	0.9	0.86	0.65		0.87	0.83	0.85	0.83	0.66
Other Stockholder Equity	0.98	0.8	0.79	0.9	1.0	0.87	0.28	-0.89	0.81	0.76	0.92	0.53	-0.7	0.81	0.89	0.71	0.8	0.92	1.0	0.73	0.87		0.88	0.97	0.92	0.86
Total Liab	0.94	0.97	0.98	0.6	0.84	1.0	0.7	-0.97	0.99	0.37	0.99	0.25	-0.91	0.45	1.0	0.53	0.83	0.99	0.85	0.96	0.83	0.88		0.94	0.99	0.52
Net Invested Capital	0.99	0.89	0.88	0.8	0.95	0.91	0.44	-0.94	0.89	0.63	0.96	0.55	-0.79	0.69	0.95	0.71	0.8	0.96	0.95	0.82	0.85	0.97	0.94		0.98	0.74
Property Plant And Equipment Gross	0.97	0.96	0.96	0.69	0.89	0.98	0.61	-0.97	0.97	0.48	1.0	0.38	-0.88	0.55	0.99	0.61	0.82	0.99	0.9	0.93	0.83	0.92	0.99	0.98		0.61
Total Current Assets	0.77	0.42	0.4	0.99	0.89	0.51	-0.23	-0.56	0.41	0.97	0.59	0.66	-0.27	0.99	0.55	0.74	0.57	0.59	0.88	0.31	0.66	0.86	0.52	0.74	0.61

Click cells to compare fundamentals

Adriatic Metals Account Relationship Matchups

Adriatic Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	26.9M	120.3M	245.7M	257.7M	426.2M	447.6M
Other Current Liab	265.6K	7.8M	7.1M	2.8M	49.5M	51.9M
Total Current Liabilities	852.9K	8.1M	7.7M	11.4M	112.0M	117.6M
Total Stockholder Equity	25.7M	82.4M	211.5M	159.1M	162.2M	91.2M
Net Tangible Assets	20.9M	46.5M	113.5M	107.9M	124.1M	130.3M
Property Plant And Equipment Net	12.6M	2.1M	42.1M	128.0M	324.0M	340.2M
Net Debt	(11.9M)	(31.2M)	(131.8M)	(14.6M)	104.1M	109.3M
Retained Earnings	(12.5M)	(24.8M)	(7.7M)	(74.1M)	(112.6M)	(107.0M)
Accounts Payable	574.3K	1.2M	526.5K	2.6M	13.7M	14.4M
Cash	12.2M	52.4M	154.9M	89.3M	44.9M	50.5M
Non Current Assets Total	12.6M	66.8M	87.7M	140.6M	338.9M	355.8M
Non Currrent Assets Other	1.5M	64.6M	45.6M	12.5M	14.9M	19.3M
Cash And Short Term Investments	13.8M	52.4M	154.9M	89.3M	65.7M	53.5M
Net Receivables	356.3K	1.2M	1.4M	2.5M	6.9M	7.2M
Liabilities And Stockholders Equity	26.9M	120.3M	245.7M	257.7M	426.2M	447.6M
Non Current Liabilities Total	314.0K	26.3M	26.4M	87.2M	152.0M	159.6M
Capital Surpluse	24.7M	51.5M	143.3M	143.8M	165.4M	173.7M
Inventory	45.4K	96.0K	2.0	1.0	1.6M	1.6M
Other Current Assets	(291.8K)	451.5K	2.2M	18.8M	13.2M	13.9M
Other Stockholder Equity	35.3M	91.2M	200.7M	212.1M	257.9M	270.8M
Total Liab	1.2M	34.4M	34.2M	98.5M	264.1M	277.3M
Net Invested Capital	10.2M	20.9M	125.4M	150.4M	251.5M	264.0M
Property Plant And Equipment Gross	4.3M	10.2M	64.1M	96.1M	230.8M	242.3M
Total Current Assets	14.3M	53.6M	158.0M	117.1M	87.4M	61.1M
Accumulated Other Comprehensive Income	(194.8K)	11.1M	12.0M	13.2M	11.2M	11.4M
Net Working Capital	5.6M	10.9M	80.7M	71.7M	(16.8M)	(16.0M)
Common Stock	3.0M	4.9M	6.6M	7.9M	5.7M	4.7M
Property Plant Equipment	10.2M	37.7M	47.1M	95.3M	109.6M	115.1M
Short Term Debt	13.0K	250.0K	141.7K	2.4M	48.9M	51.3M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Adriatic Stock Analysis

When running Adriatic Metals' price analysis, check to measure Adriatic Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Adriatic Metals is operating at the current time. Most of Adriatic Metals' value examination focuses on studying past and present price action to predict the probability of Adriatic Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adriatic Metals' price. Additionally, you may evaluate how the addition of Adriatic Metals to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC