Adapthealth Historical Income Statement
| AHCO Stock | USD 9.95 0.17 1.68% |
Historical analysis of Adapthealth Corp income statement accounts such as Selling General Administrative of 199.6 M, Total Revenue of 3.4 B or Gross Profit of 503.5 M can show how well Adapthealth Corp performed in making a profits. Evaluating Adapthealth Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Adapthealth Corp's future profits or losses.
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.
Adapthealth |
About Adapthealth Income Statement Analysis
Adapthealth Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Adapthealth Corp shareholders. The income statement also shows Adapthealth investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Adapthealth Corp Income Statement Chart
Add Fundamental
Total Revenue
Total revenue comprises all receipts Adapthealth Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Operating Income
Operating Income is the amount of profit realized from Adapthealth Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Adapthealth Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Cost Of Revenue
Cost of Revenue is found on Adapthealth Corp income statement and represents the costs associated with goods and services Adapthealth Corp provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Adapthealth Corp's income statement are interrelated and interconnected. However, analyzing income statement 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 income statement 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 Net Income Applicable To Common Shares is very stable compared to the past year. As of the 27th of November 2024, Other Operating Expenses is likely to grow to about 4 B, though Operating Income is likely to grow to (568.5 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 445.6M | 417.4M | 479.6M | 503.5M | Total Revenue | 2.5B | 3.0B | 3.2B | 3.4B |
Adapthealth Corp income statement Correlations
Click cells to compare fundamentals
Adapthealth Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Adapthealth Corp income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 13.3M | 41.4M | 95.2M | 109.4M | 130.3M | 136.8M | |
| Selling General Administrative | 56.5M | 89.3M | 167.5M | 162.1M | 190.1M | 199.6M | |
| Total Revenue | 529.6M | 1.1B | 2.5B | 3.0B | 3.2B | 3.4B | |
| Gross Profit | 89.8M | 161.2M | 445.6M | 417.4M | 479.6M | 503.5M | |
| Operating Income | 29.7M | 74.8M | 225.6M | 190.4M | (598.4M) | (568.5M) | |
| Net Income From Continuing Ops | (12.9M) | (58.7M) | 158.2M | 73.1M | (422.8M) | (401.6M) | |
| Ebit | 29.7M | (164.6M) | 150.5M | 207.3M | (591.7M) | (562.1M) | |
| Cost Of Revenue | 439.8M | 895.2M | 2.0B | 2.6B | 2.7B | 2.9B | |
| Total Operating Expenses | 44.4M | 86.4M | 220.0M | 227.0M | 1.1B | 1.1B | |
| Income Before Tax | 12.5M | (70.7M) | 191.0M | 97.9M | (723.8M) | (687.6M) | |
| Total Other Income Expense Net | (17.2M) | (277.4M) | (34.6M) | (92.5M) | (125.4M) | (119.1M) | |
| Net Income Applicable To Common Shares | (17.1M) | (64.5M) | 156.2M | 63.4M | 73.0M | 76.6M | |
| Net Income | 12.2M | (58.7M) | 156.2M | 69.3M | (678.9M) | (645.0M) | |
| Income Tax Expense | 294K | (12.0M) | 32.8M | 24.8M | (49.0M) | (46.6M) | |
| Minority Interest | (14.7M) | (23.6M) | (2.0M) | (3.8M) | (4.2M) | (4.4M) | |
| Other Operating Expenses | 157.7M | 981.6M | 2.2B | 2.8B | 3.8B | 4.0B | |
| Ebitda | 37.1M | (82.2M) | 483.7M | 630.8M | (171.1M) | (162.5M) | |
| Tax Provision | 1.2M | (12.0M) | 32.8M | 24.8M | (26.2M) | (24.9M) | |
| Net Interest Income | (39.3M) | (41.4M) | (95.2M) | (109.4M) | (127.3M) | (121.0M) | |
| Depreciation And Amortization | 7.4M | 82.4M | 333.2M | 423.4M | 420.6M | 233.8M |
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
| 0.69 | MD | Mednax Inc | PairCorr |
| 0.68 | ELMD | Electromed | PairCorr |
| 0.61 | ECOR | Electrocore LLC | PairCorr |
| 0.58 | VREX | Varex Imaging Corp | PairCorr |
| 0.55 | DOCS | Doximity Upward Rally | 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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.