Advanced Interest Coverage vs Dividend Yield Analysis

WMS Stock

USD 125.49 1.53 1.23%

Advanced Drainage financial indicator trend analysis is way more than just evaluating Advanced Drainage Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Advanced Drainage Systems is a good investment. Please check the relationship between Advanced Drainage Interest Coverage and its Dividend Yield accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Advanced Drainage Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Interest Coverage vs Dividend Yield

Interest Coverage vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Advanced Drainage Systems Interest Coverage account and Dividend Yield. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Advanced Drainage's Interest Coverage and Dividend Yield is -0.24. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Advanced Drainage Systems, assuming nothing else is changed. The correlation between historical values of Advanced Drainage's Interest Coverage and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Coverage of Advanced Drainage Systems are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Interest Coverage i.e., Advanced Drainage's Interest Coverage and Dividend Yield go up and down completely randomly.

Correlation Coefficient

-0.24

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Interest Coverage

Dividend Yield

Dividend Yield is Advanced Drainage Systems dividend as a percentage of Advanced Drainage stock price. Advanced Drainage Systems dividend yield is a measure of Advanced Drainage stock productivity, which can be interpreted as interest rate earned on an Advanced Drainage investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Most indicators from Advanced Drainage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Advanced Drainage Systems 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Advanced Drainage Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

At this time, Advanced Drainage's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 192 M in 2025, whereas Sales General And Administrative To Revenue is likely to drop 0.07 in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	1.1B	1.1B	1.3B	1.4B
Total Revenue	3.1B	2.9B	3.3B	1.8B

Gross Profit Total Revenue

Advanced Drainage fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross
Common Stock Shares Outstanding		0.79	0.66	0.74	0.8	0.73	0.61	0.78	0.69	0.55	0.72	0.6	0.78	0.78	0.65	0.65	0.6	0.78	0.72	-0.4	0.67	0.72	0.41	0.49	0.75	0.68
Total Assets	0.79		0.87	0.94	0.95	0.88	0.86	0.95	0.94	0.65	0.88	0.76	0.99	0.89	0.82	0.88	0.76	0.95	0.91	-0.47	0.88	0.91	0.6	0.59	0.99	0.81
Short Long Term Debt Total	0.66	0.87		0.81	0.81	0.94	0.9	0.84	0.87	0.82	0.76	0.92	0.87	0.76	0.64	1.0	0.92	0.81	0.95	-0.74	1.0	0.79	0.59	0.48	0.89	0.93
Other Current Liab	0.74	0.94	0.81		0.87	0.86	0.84	0.88	0.88	0.61	0.76	0.7	0.93	0.86	0.76	0.81	0.7	0.91	0.86	-0.52	0.82	0.86	0.48	0.59	0.92	0.76
Total Current Liabilities	0.8	0.95	0.81	0.87		0.86	0.76	0.97	0.85	0.71	0.94	0.74	0.92	0.85	0.85	0.8	0.74	0.98	0.83	-0.46	0.82	0.94	0.59	0.48	0.93	0.85
Total Stockholder Equity	0.73	0.88	0.94	0.86	0.86		0.9	0.84	0.79	0.8	0.77	0.89	0.87	0.83	0.75	0.93	0.89	0.87	0.96	-0.78	0.94	0.81	0.45	0.58	0.85	0.92
Other Liab	0.61	0.86	0.9	0.84	0.76	0.9		0.74	0.86	0.68	0.72	0.77	0.88	0.74	0.77	0.93	0.77	0.8	0.94	-0.63	0.92	0.75	0.46	0.59	0.86	0.81
Property Plant And Equipment Net	0.78	0.95	0.84	0.88	0.97	0.84	0.74		0.84	0.77	0.91	0.8	0.9	0.78	0.73	0.82	0.8	0.94	0.8	-0.5	0.83	0.92	0.6	0.36	0.93	0.86
Net Debt	0.69	0.94	0.87	0.88	0.85	0.79	0.86	0.84		0.54	0.77	0.65	0.96	0.86	0.75	0.89	0.65	0.88	0.9	-0.41	0.88	0.86	0.61	0.62	0.97	0.76
Retained Earnings	0.55	0.65	0.82	0.61	0.71	0.8	0.68	0.77	0.54		0.73	0.91	0.57	0.41	0.46	0.79	0.91	0.68	0.66	-0.74	0.8	0.71	0.55	-0.02	0.64	0.93
Accounts Payable	0.72	0.88	0.76	0.76	0.94	0.77	0.72	0.91	0.77	0.73		0.7	0.84	0.7	0.85	0.76	0.7	0.92	0.74	-0.37	0.76	0.93	0.75	0.3	0.87	0.83
Cash	0.6	0.76	0.92	0.7	0.74	0.89	0.77	0.8	0.65	0.91	0.7		0.72	0.58	0.47	0.9	1.0	0.69	0.82	-0.79	0.91	0.66	0.49	0.26	0.76	0.9
Non Current Assets Total	0.78	0.99	0.87	0.93	0.92	0.87	0.88	0.9	0.96	0.57	0.84	0.72		0.92	0.83	0.88	0.72	0.92	0.93	-0.45	0.88	0.87	0.56	0.68	0.98	0.77
Non Currrent Assets Other	0.78	0.89	0.76	0.86	0.85	0.83	0.74	0.78	0.86	0.41	0.7	0.58	0.92		0.81	0.75	0.58	0.86	0.88	-0.43	0.77	0.78	0.43	0.84	0.86	0.68
Other Assets	0.65	0.82	0.64	0.76	0.85	0.75	0.77	0.73	0.75	0.46	0.85	0.47	0.83	0.81		0.66	0.47	0.89	0.77	-0.29	0.66	0.85	0.52	0.62	0.78	0.68
Long Term Debt	0.65	0.88	1.0	0.81	0.8	0.93	0.93	0.82	0.89	0.79	0.76	0.9	0.88	0.75	0.66		0.9	0.81	0.96	-0.71	1.0	0.79	0.6	0.5	0.9	0.92
Cash And Short Term Investments	0.6	0.76	0.92	0.7	0.74	0.89	0.77	0.8	0.65	0.91	0.7	1.0	0.72	0.58	0.47	0.9		0.69	0.82	-0.79	0.91	0.66	0.49	0.26	0.76	0.9
Net Receivables	0.78	0.95	0.81	0.91	0.98	0.87	0.8	0.94	0.88	0.68	0.92	0.69	0.92	0.86	0.89	0.81	0.69		0.85	-0.48	0.82	0.98	0.6	0.52	0.92	0.86
Good Will	0.72	0.91	0.95	0.86	0.83	0.96	0.94	0.8	0.9	0.66	0.74	0.82	0.93	0.88	0.77	0.96	0.82	0.85		-0.67	0.96	0.79	0.49	0.71	0.9	0.85
Common Stock Total Equity	-0.4	-0.47	-0.74	-0.52	-0.46	-0.78	-0.63	-0.5	-0.41	-0.74	-0.37	-0.79	-0.45	-0.43	-0.29	-0.71	-0.79	-0.48	-0.67		-0.72	-0.44	-0.13	-0.29	-0.44	-0.75
Non Current Liabilities Total	0.67	0.88	1.0	0.82	0.82	0.94	0.92	0.83	0.88	0.8	0.76	0.91	0.88	0.77	0.66	1.0	0.91	0.82	0.96	-0.72		0.8	0.59	0.51	0.9	0.92
Inventory	0.72	0.91	0.79	0.86	0.94	0.81	0.75	0.92	0.86	0.71	0.93	0.66	0.87	0.78	0.85	0.79	0.66	0.98	0.79	-0.44	0.8		0.71	0.4	0.9	0.87
Other Current Assets	0.41	0.6	0.59	0.48	0.59	0.45	0.46	0.6	0.61	0.55	0.75	0.49	0.56	0.43	0.52	0.6	0.49	0.6	0.49	-0.13	0.59	0.71		0.06	0.65	0.62
Other Stockholder Equity	0.49	0.59	0.48	0.59	0.48	0.58	0.59	0.36	0.62	-0.02	0.3	0.26	0.68	0.84	0.62	0.5	0.26	0.52	0.71	-0.29	0.51	0.4	0.06		0.55	0.3
Total Liab	0.75	0.99	0.89	0.92	0.93	0.85	0.86	0.93	0.97	0.64	0.87	0.76	0.98	0.86	0.78	0.9	0.76	0.92	0.9	-0.44	0.9	0.9	0.65	0.55		0.81
Property Plant And Equipment Gross	0.68	0.81	0.93	0.76	0.85	0.92	0.81	0.86	0.76	0.93	0.83	0.9	0.77	0.68	0.68	0.92	0.9	0.86	0.85	-0.75	0.92	0.87	0.62	0.3	0.81

Click cells to compare fundamentals

Advanced Drainage Account Relationship Matchups

Advanced Drainage fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Common Stock Shares Outstanding	71.6M	72.9M	83.3M	79.0M	90.9M	64.6M
Total Assets	2.4B	2.6B	2.9B	3.3B	3.8B	1.9B
Short Long Term Debt Total	841.5M	944.6M	1.3B	1.4B	1.6B	1.7B
Other Current Liab	107.2M	120.7M	128.0M	138.5M	159.3M	82.8M
Total Current Liabilities	318.3M	391.2M	378.8M	439.6M	505.6M	288.9M
Total Stockholder Equity	1.0B	1.1B	977.4M	1.3B	1.5B	1.5B
Other Liab	(115.2M)	173.6M	205.9M	233.4M	268.4M	281.8M
Property Plant And Equipment Net	504.3M	619.4M	733.1M	930.2M	1.1B	536.9M
Net Debt	646.5M	924.5M	1.1B	915.7M	1.1B	666.3M
Retained Earnings	(75.2M)	158.9M	626.2M	1.1B	1.3B	1.3B
Accounts Payable	171.1M	225.0M	210.1M	254.4M	292.6M	164.1M
Cash	195.0M	20.1M	217.1M	490.2M	563.7M	591.9M
Non Current Assets Total	1.7B	1.8B	1.9B	2.0B	2.3B	1.2B
Non Currrent Assets Other	85.5M	84.2M	83.7M	69.0M	79.3M	49.7M
Other Assets	24.0M	85.5M	116.8M	72.0M	82.8M	45.5M
Long Term Debt	782.2M	908.7M	1.3B	1.3B	1.4B	1.5B
Cash And Short Term Investments	195.0M	20.1M	217.1M	490.2M	563.7M	591.9M
Net Receivables	236.2M	341.8M	306.9M	323.6M	372.1M	233.2M
Good Will	599.1M	610.3M	620.2M	617.2M	709.8M	745.2M
Common Stock Total Equity	11.6M	11.6M	11.6M	11.6M	10.5M	9.5M
Liabilities And Stockholders Equity	2.4B	2.6B	2.9B	3.3B	3.8B	1.9B
Non Current Liabilities Total	1.0B	1.2B	1.5B	1.6B	1.8B	1.9B
Inventory	301.0M	494.3M	464.0M	464.2M	533.8M	352.6M
Other Current Assets	10.8M	15.7M	29.4M	22.0M	25.3M	15.7M
Other Stockholder Equity	896.6M	746.9M	367.1M	187.8M	216.0M	310.3M
Total Liab	1.4B	1.5B	1.9B	2.0B	2.3B	1.2B
Property Plant And Equipment Gross	535.5M	1.2B	1.4B	1.6B	1.9B	2.0B
Total Current Assets	743.0M	871.9M	1.0B	1.3B	1.5B	1.6B
Accumulated Other Comprehensive Income	(24.2M)	(24.4M)	(27.6M)	(29.8M)	(26.8M)	(28.2M)
Treasury Stock	(10.5M)	(11.0M)	(318.7M)	(921.0M)	(1.1B)	(1.0B)
Short Term Debt	35.3M	38.7M	37.6M	45.6M	52.4M	35.3M
Intangible Assets	482.0M	431.4M	407.6M	352.7M	405.5M	244.5M
Common Stock	11.6M	11.6M	11.6M	11.7M	10.5M	9.5M
Property Plant Equipment	481.4M	504.3M	619.4M	783.8M	901.4M	495.0M
Net Tangible Assets	(380.3M)	(31.4M)	657.0M	569.7M	655.2M	688.0M
Deferred Long Term Liab	175.6M	162.2M	168.4M	159.1M	182.9M	108.1M
Short Long Term Debt	7M	19.5M	14.7M	11.9M	10.7M	16.1M
Warrants	247.1M	229.9M	195.4M	153.2M	176.2M	167.5M
Noncontrolling Interest In Consolidated Entity	11.8M	13.7M	16.6M	17.5M	20.1M	16.7M

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