ADTRAN Historical Income Statement
| ADTN Stock | USD 8.68 0.06 0.70% |
Historical analysis of ADTRAN income statement accounts such as Interest Expense of 17.1 M, Selling General Administrative of 288.9 M or Total Revenue of 1.2 B can show how well ADTRAN Inc performed in making a profits. Evaluating ADTRAN income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of ADTRAN's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining ADTRAN Inc 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 ADTRAN Inc is a good buy for the upcoming year.
ADTRAN |
About ADTRAN Income Statement Analysis
ADTRAN Inc 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 ADTRAN shareholders. The income statement also shows ADTRAN 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).
ADTRAN Income Statement Chart
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Total Revenue
Total revenue comprises all receipts ADTRAN Inc 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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of ADTRAN Inc minus its cost of goods sold. It is profit before ADTRAN operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of ADTRAN Inc. It is also known as ADTRAN overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from ADTRAN's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into ADTRAN Inc 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 ADTRAN Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, ADTRAN's Total Operating Expenses is very stable compared to the past year. As of the 25th of November 2024, Research Development is likely to grow to about 263.1 M, while Gross Profit is likely to drop about 262.4 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 218.4M | 327.3M | 333.1M | 262.4M | Total Revenue | 563.0M | 1.0B | 1.1B | 1.2B |
ADTRAN income statement Correlations
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ADTRAN Account Relationship Matchups
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High Negative Relationship
ADTRAN income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 22.0M | 16.6M | 16.1M | 67.6M | 112.9M | 118.6M | |
| Interest Expense | 511K | 5K | 34K | 3.4M | 16.3M | 17.1M | |
| Selling General Administrative | 130.3M | 114.0M | 124.4M | 208.9M | 275.1M | 288.9M | |
| Total Revenue | 530.1M | 506.5M | 563.0M | 1.0B | 1.1B | 1.2B | |
| Gross Profit | 219.0M | 217.6M | 218.4M | 327.3M | 333.1M | 262.4M | |
| Other Operating Expenses | 568.4M | 516.2M | 577.7M | 1.1B | 1.3B | 1.4B | |
| Operating Income | (38.4M) | (11.0M) | (8.0M) | (38.8M) | (156.3M) | (148.5M) | |
| Ebit | (38.4M) | (6.2M) | (6.3M) | (38.8M) | (209.0M) | (198.6M) | |
| Ebitda | (16.3M) | 10.4M | 9.8M | 28.8M | (96.1M) | (91.3M) | |
| Cost Of Revenue | 311.1M | 289.0M | 344.6M | 698.3M | 816.0M | 856.8M | |
| Total Operating Expenses | 257.4M | 227.3M | 233.1M | 382.6M | 491.1M | 515.7M | |
| Net Income | (54.0M) | 2.4M | (8.6M) | (8.9M) | (267.7M) | (254.3M) | |
| Income Tax Expense | 28.2M | (8.6M) | 2.3M | (62.1M) | 28.1M | 16.8M | |
| Research Development | 126.8M | 113.3M | 108.7M | 173.8M | 250.6M | 263.1M | |
| Income Before Tax | (25.8M) | (6.2M) | (6.3M) | (71.0M) | (231.2M) | (219.6M) | |
| Total Other Income Expense Net | 12.5M | 3.5M | 1.7M | (32.2M) | (74.9M) | (71.2M) | |
| Net Income Applicable To Common Shares | (53.0M) | 2.4M | (8.6M) | (2.0M) | (1.8M) | (1.7M) | |
| Net Income From Continuing Ops | (53.0M) | 2.4M | (8.6M) | (8.9M) | (117.4M) | (111.5M) | |
| Non Operating Income Net Other | 15.7M | 3.5M | 8.4M | 5.3M | 6.1M | 9.2M | |
| Tax Provision | 28.2M | (8.6M) | 2.3M | (62.1M) | (93.7M) | (89.0M) | |
| Interest Income | 2.8M | 1.9M | 2.8M | 2.1M | 2.5M | 3.4M | |
| Net Interest Income | 2.3M | 1.9M | 2.8M | (1.3M) | (11.3M) | (10.8M) | |
| Reconciled Depreciation | 17.8M | 16.6M | 16.1M | 67.6M | 124.2M | 130.4M |
Pair Trading with ADTRAN
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 ADTRAN 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 ADTRAN will appreciate offsetting losses from the drop in the long position's value.Moving together with ADTRAN Stock
Moving against ADTRAN Stock
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The ability to find closely correlated positions to ADTRAN could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ADTRAN 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 ADTRAN - 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 ADTRAN Inc to buy it.
The correlation of ADTRAN 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 ADTRAN moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ADTRAN Inc 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 ADTRAN 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 ADTRAN Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Communications Equipment 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 ADTRAN. If investors know ADTRAN 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 ADTRAN 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 (0.60) | Earnings Share (6.51) | Revenue Per Share 11.491 | Quarterly Revenue Growth (0.16) | Return On Assets (0.05) |
The market value of ADTRAN Inc is measured differently than its book value, which is the value of ADTRAN that is recorded on the company's balance sheet. Investors also form their own opinion of ADTRAN's value that differs from its market value or its book value, called intrinsic value, which is ADTRAN'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 ADTRAN's market value can be influenced by many factors that don't directly affect ADTRAN'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 ADTRAN's value and its price as these two are different measures arrived at by different means. Investors typically determine if ADTRAN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ADTRAN'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.