Adriatic Retained Earnings vs Net Debt Analysis

ADT Stock

4.07 0.15 3.55%

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 Retained Earnings and its Net Debt 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.

Retained Earnings vs Net Debt

Retained Earnings vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Adriatic Metals Plc Retained Earnings account and Net Debt. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Adriatic Metals' Retained Earnings and Net Debt is -0.66. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Debt 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' Retained Earnings and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Adriatic Metals Plc are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Retained Earnings i.e., Adriatic Metals' Retained Earnings and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.66

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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	0.72	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	0.38	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	0.34	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	0.97	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	0.85	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	0.43	0.99	0.18	-0.91	0.43	0.99	0.51	0.84	0.99	0.85	0.96	0.83	0.86	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	-0.32	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	-0.47	-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		0.35	0.97	0.19	-0.94	0.35	0.98	0.47	0.77	0.96	0.78	0.99	0.75	0.8	0.99	0.89	0.97	0.41
Cash	0.72	0.38	0.34	0.97	0.85	0.43	-0.32	-0.47	0.35		0.53	0.71	-0.23	1.0	0.49	0.71	0.46	0.52	0.84	0.26	0.56	0.81	0.45	0.69	0.55	0.99
Non Current Assets Total	0.97	0.96	0.97	0.67	0.89	0.99	0.63	-0.97	0.97	0.53		0.33	-0.89	0.53	1.0	0.58	0.83	0.99	0.9	0.94	0.84	0.91	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	0.71	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	-0.23	-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	1.0	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	0.49	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	0.71	0.58	0.58	-0.3	0.71	0.58		0.55	0.57	0.73	0.4	0.57	0.72	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	0.46	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	0.52	0.99	0.29	-0.87	0.52	0.99	0.57	0.88		0.9	0.91	0.9	0.91	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	0.84	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	0.26	0.94	0.12	-0.95	0.26	0.95	0.4	0.69	0.91	0.7		0.65	0.72	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	0.56	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	0.86	0.28	-0.89	0.8	0.81	0.91	0.53	-0.7	0.81	0.89	0.72	0.8	0.91	1.0	0.72	0.87		0.87	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	0.45	0.99	0.25	-0.91	0.45	1.0	0.53	0.83	0.99	0.85	0.96	0.83	0.87		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	0.69	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	0.55	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	0.99	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

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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	65.7M	53.3M
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	255.2M	268.0M
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	8.4M	5.0M
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

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