Advantage Deferred Long Term Liab vs Good Will Analysis

ADV Stock  USD 3.60  0.16  4.65%   
Advantage Solutions financial indicator trend analysis is way more than just evaluating Advantage Solutions prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Advantage Solutions is a good investment. Please check the relationship between Advantage Solutions Deferred Long Term Liab and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advantage Solutions. 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 more information on how to buy Advantage Stock please use our How to Invest in Advantage Solutions guide.

Deferred Long Term Liab vs Good Will

Deferred Long Term Liab vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Advantage Solutions Deferred Long Term Liab account and Good Will. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Advantage Solutions' Deferred Long Term Liab and Good Will is 0.98. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Good Will in the same time period over historical financial statements of Advantage Solutions, assuming nothing else is changed. The correlation between historical values of Advantage Solutions' Deferred Long Term Liab and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Advantage Solutions are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Deferred Long Term Liab i.e., Advantage Solutions' Deferred Long Term Liab and Good Will go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Advantage Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Advantage Solutions 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 Advantage Solutions. 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 more information on how to buy Advantage Stock please use our How to Invest in Advantage Solutions guide.Enterprise Value is likely to climb to about 4.1 B in 2024, whereas Selling General Administrative is likely to drop slightly above 248.2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit638.2M556.6M564.4M620.6M
Total Revenue3.6B4.0B4.2B3.6B

Advantage Solutions fundamental ratios Correlations

0.72-0.69-0.490.6-0.03-0.090.720.89-0.49-0.090.96-0.5-0.14-0.530.96-0.650.82-0.51-0.89-0.590.86-0.55-0.540.210.79
0.72-0.79-0.39-0.040.41-0.050.990.57-0.370.080.65-0.330.04-0.260.61-0.780.83-0.56-0.79-0.840.9-0.21-0.320.350.52
-0.69-0.790.810.070.110.48-0.84-0.770.790.41-0.780.350.440.71-0.580.62-0.930.870.830.91-0.910.670.770.05-0.81
-0.49-0.390.810.090.640.88-0.48-0.810.980.81-0.70.240.830.96-0.360.42-0.810.890.720.53-0.70.910.980.53-0.9
0.6-0.040.070.09-0.110.31-0.070.420.040.230.51-0.450.19-0.130.73-0.070.070.12-0.240.120.11-0.22-0.060.280.27
-0.030.410.110.64-0.110.760.32-0.430.620.87-0.25-0.020.860.710.02-0.22-0.150.340.17-0.23-0.010.720.690.81-0.52
-0.09-0.050.480.880.310.76-0.15-0.510.860.87-0.330.110.850.840.040.13-0.480.740.390.21-0.350.750.840.77-0.63
0.720.99-0.84-0.48-0.070.32-0.150.63-0.45-0.040.69-0.32-0.07-0.350.6-0.790.88-0.63-0.82-0.860.93-0.3-0.410.250.59
0.890.57-0.77-0.810.42-0.43-0.510.63-0.8-0.510.97-0.45-0.55-0.840.81-0.570.89-0.73-0.92-0.550.86-0.83-0.85-0.190.97
-0.49-0.370.790.980.040.620.86-0.45-0.80.75-0.70.320.760.98-0.380.45-0.780.920.690.51-0.670.940.980.44-0.89
-0.090.080.410.810.230.870.87-0.04-0.510.75-0.33-0.111.00.760.040.0-0.430.560.380.1-0.30.730.80.84-0.64
0.960.65-0.78-0.70.51-0.25-0.330.690.97-0.7-0.33-0.52-0.37-0.740.91-0.660.89-0.68-0.91-0.60.88-0.75-0.750.00.92
-0.5-0.330.350.24-0.45-0.020.11-0.32-0.450.32-0.11-0.52-0.110.36-0.650.41-0.360.530.260.36-0.360.340.32-0.17-0.33
-0.140.040.440.830.190.860.85-0.07-0.550.761.0-0.37-0.110.77-0.010.03-0.470.560.420.13-0.340.750.810.82-0.68
-0.53-0.260.710.96-0.130.710.84-0.35-0.840.980.76-0.740.360.77-0.450.41-0.730.860.680.39-0.620.980.990.48-0.91
0.960.61-0.58-0.360.730.020.040.60.81-0.380.040.91-0.65-0.01-0.45-0.610.69-0.43-0.74-0.510.73-0.49-0.450.290.69
-0.65-0.780.620.42-0.07-0.220.13-0.79-0.570.450.0-0.660.410.030.41-0.61-0.740.590.670.49-0.760.410.41-0.32-0.56
0.820.83-0.93-0.810.07-0.15-0.480.880.89-0.78-0.430.89-0.36-0.47-0.730.69-0.74-0.82-0.95-0.790.99-0.69-0.78-0.090.9
-0.51-0.560.870.890.120.340.74-0.63-0.730.920.56-0.680.530.560.86-0.430.59-0.820.670.68-0.740.80.870.24-0.78
-0.89-0.790.830.72-0.240.170.39-0.82-0.920.690.38-0.910.260.420.68-0.740.67-0.950.670.67-0.960.650.720.03-0.89
-0.59-0.840.910.530.12-0.230.21-0.86-0.550.510.1-0.60.360.130.39-0.510.49-0.790.680.67-0.810.330.46-0.14-0.54
0.860.9-0.91-0.70.11-0.01-0.350.930.86-0.67-0.30.88-0.36-0.34-0.620.73-0.760.99-0.74-0.96-0.81-0.58-0.670.040.84
-0.55-0.210.670.91-0.220.720.75-0.3-0.830.940.73-0.750.340.750.98-0.490.41-0.690.80.650.33-0.580.970.41-0.91
-0.54-0.320.770.98-0.060.690.84-0.41-0.850.980.8-0.750.320.810.99-0.450.41-0.780.870.720.46-0.670.970.5-0.93
0.210.350.050.530.280.810.770.25-0.190.440.840.0-0.170.820.480.29-0.32-0.090.240.03-0.140.040.410.5-0.31
0.790.52-0.81-0.90.27-0.52-0.630.590.97-0.89-0.640.92-0.33-0.68-0.910.69-0.560.9-0.78-0.89-0.540.84-0.91-0.93-0.31
Click cells to compare fundamentals

Advantage Solutions Account Relationship Matchups

Advantage Solutions fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab213.3M256.4M301.5M282.8M292.6M247.4M
Total Current Liabilities518.1M575.0M645.5M600.7M541.3M543.4M
Retained Earnings(745.3M)(907.7M)(866.6M)(2.2B)(2.3B)(2.2B)
Accounts Payable179.4M171.5M253.4M237.7M181.1M185.1M
Net Receivables695.0M595.3M804.2M883.0M717.0M706.2M
Common Stock Shares Outstanding56.3M223.2M318.2M318.7M323.7M254.6M
Inventory25.2M44.2M70.7M78.3M29.7M37.4M
Other Current Assets8.2M56.0M60.6M75.0M122.4M128.5M
Other Stockholder Equity2.3B3.3B3.4B3.4B3.4B2.6B
Total Current Assets952.5M899.8M1.1B1.2B1.0B953.5M
Other Liab565.5M587.5M557.1M353.0M317.7M438.0M
Net Tangible Assets(3.1B)(2.2B)(2.0B)(1.7B)(1.9B)(2.0B)
Other Assets22.6M16.2M9.9M10.3M1.00.95
Property Plant Equipment208.6M80.0M63.7M70.9M63.8M85.0M

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