Adapthealth Historical Balance Sheet
| AHCO Stock | USD 9.86 0.03 0.30% |
Trend analysis of Adapthealth Corp balance sheet accounts such as Short Long Term Debt Total of 1.5 B, Other Current Liabilities of 87.3 M or Total Current Liabilities of 311.4 M provides information on Adapthealth Corp's total assets, liabilities, and equity, which is the actual value of Adapthealth Corp to its prevalent stockholders. By breaking down trends over time using Adapthealth Corp balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Adapthealth Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Adapthealth Corp is a good buy for the upcoming year.
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About Adapthealth Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Adapthealth Corp at a specified time, usually calculated after every quarter, six months, or one year. Adapthealth Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Adapthealth Corp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Adapthealth currently owns. An asset can also be divided into two categories, current and non-current.
Adapthealth Corp Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Adapthealth Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Adapthealth Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Adapthealth Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Adapthealth Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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.Most accounts from Adapthealth Corp's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Adapthealth Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Adapthealth Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Adapthealth Stock, please use our How to Invest in Adapthealth Corp guide.At this time, Adapthealth Corp's Short Term Debt is very stable compared to the past year. As of the 23rd of November 2024, Property Plant Equipment is likely to grow to about 751.1 M, while Total Assets are likely to drop about 2.7 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 2.4B | 2.3B | 2.3B | 1.5B | Total Assets | 5.3B | 5.2B | 4.5B | 2.7B |
Adapthealth Corp balance sheet Correlations
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Adapthealth Corp Account Relationship Matchups
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High Negative Relationship
Adapthealth Corp balance sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 227.8M | 1.8B | 5.3B | 5.2B | 4.5B | 2.7B | |
| Other Current Liab | 23.3M | 174.0M | 102.4M | 98.3M | 156.8M | 87.3M | |
| Total Current Liabilities | 52.8M | 434.8M | 499.8M | 456.2M | 537.0M | 311.4M | |
| Total Stockholder Equity | (73.3M) | 394.8M | 2.1B | 2.2B | 1.5B | 982.1M | |
| Other Liab | 29.3M | 209.0M | 380.3M | 344.0M | 395.6M | 415.4M | |
| Net Tangible Assets | (290.2M) | (696.5M) | (1.6B) | (1.6B) | (1.4B) | (1.3B) | |
| Net Debt | 151.6M | 707.0M | 2.2B | 2.3B | 2.2B | 1.2B | |
| Retained Earnings | (74.8M) | (91.1M) | (43.0M) | 26.3M | (652.6M) | (620.0M) | |
| Accounts Payable | 26.5M | 191.0M | 248.0M | 222.5M | 211.5M | 141.4M | |
| Cash | 9.8M | 100.0M | 149.6M | 46.3M | 77.1M | 60.3M | |
| Non Current Assets Total | 169.7M | 1.5B | 4.6B | 4.6B | 3.9B | 2.3B | |
| Non Currrent Assets Other | 2.4M | 16.5M | 15.1M | 18.7M | 20.1M | 37.3M | |
| Other Assets | 34.8M | 224.9M | 319.3M | 300.5M | 345.5M | 362.8M | |
| Long Term Debt | 395.1M | 776.6M | 2.2B | 2.2B | 2.1B | 1.2B | |
| Cash And Short Term Investments | 9.8M | 100.0M | 149.6M | 46.3M | 77.1M | 60.3M | |
| Net Receivables | 27.0M | 171.1M | 359.9M | 359.1M | 388.9M | 217.5M | |
| Good Will | 110.4M | 1.0B | 3.5B | 3.5B | 2.7B | 1.7B | |
| Common Stock Total Equity | 240.6M | 7.2K | 9K | 13K | 11.7K | 11.1K | |
| Common Stock Shares Outstanding | 22.6M | 52.5M | 133.0M | 139.0M | 134.4M | 85.5M | |
| Liabilities And Stockholders Equity | 198.0M | 1.8B | 5.3B | 5.2B | 4.5B | 2.7B | |
| Non Current Liabilities Total | 159.9M | 996.7M | 2.7B | 2.6B | 2.5B | 1.4B | |
| Capital Surpluse | 2.9M | 11.3M | 558.5M | 2.1B | 2.4B | 2.5B | |
| Inventory | 18.2M | 58.8M | 123.1M | 127.8M | 113.6M | 71.4M | |
| Other Stockholder Equity | 73.3M | 558.5M | 2.1B | 2.1B | 2.1B | 1.1B | |
| Total Liab | 212.7M | 1.4B | 3.2B | 3.1B | 3.0B | 1.7B | |
| Net Invested Capital | 382.3M | 1.2B | 2.2B | 2.2B | 3.6B | 3.8B | |
| Short Long Term Debt | 1.7M | 8.1M | 20M | 35M | 53.4M | 56.0M | |
| Total Current Assets | 58.1M | 372.8M | 670.1M | 585.3M | 649.0M | 367.2M | |
| Net Working Capital | 30.5M | (58.8M) | 170.2M | 129.1M | 112.0M | 60.2M | |
| Short Term Debt | 1.7M | 52.7M | 113.7M | 99.4M | 130.2M | 136.7M | |
| Common Stock | 240.6M | 7.2K | 9K | 13K | 11.7K | 11.1K | |
| Property Plant Equipment | 63.6M | 110.5M | 546.3M | 622.0M | 715.3M | 751.1M | |
| Other Current Assets | 3.2M | 33.4M | 74.9M | 52.1M | 69.3M | 42.7M |
Pair Trading with Adapthealth Corp
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 Adapthealth Corp 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 Adapthealth Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Adapthealth Stock
| 0.65 | MD | Mednax Inc | PairCorr |
| 0.61 | ELMD | Electromed | PairCorr |
| 0.56 | ECOR | Electrocore LLC Upward Rally | PairCorr |
| 0.55 | VREX | Varex Imaging Corp | PairCorr |
| 0.52 | OM | Outset Medical | PairCorr |
The ability to find closely correlated positions to Adapthealth Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adapthealth Corp 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 Adapthealth Corp - 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 Adapthealth Corp to buy it.
The correlation of Adapthealth Corp 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 Adapthealth Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adapthealth Corp 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 Adapthealth Corp 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adapthealth Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Adapthealth Stock, please use our How to Invest in Adapthealth Corp guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Health Care Providers & Services 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 Adapthealth Corp. If investors know Adapthealth 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 Adapthealth Corp 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 0.444 | Earnings Share (1.67) | Revenue Per Share 24.465 | Quarterly Revenue Growth 0.002 | Return On Assets 0.0411 |
The market value of Adapthealth Corp is measured differently than its book value, which is the value of Adapthealth that is recorded on the company's balance sheet. Investors also form their own opinion of Adapthealth Corp's value that differs from its market value or its book value, called intrinsic value, which is Adapthealth Corp'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 Adapthealth Corp's market value can be influenced by many factors that don't directly affect Adapthealth Corp'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 Adapthealth Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Adapthealth Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adapthealth Corp'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.