ADT Debt To Equity from 2010 to 2024
| ADT Stock | USD 7.35 0.06 0.81% |
Debt To Equity | First Reported 2010-12-31 | Previous Quarter 2.06055488 | Current Value 2.12 | Quarterly Volatility 0.49297656 |
Check ADT financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ADT's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 B, Interest Expense of 513.6 M or Selling General Administrative of 1.2 B, as well as many indicators such as Price To Sales Ratio of 1.19, Dividend Yield of 0.0196 or PTB Ratio of 1.56. ADT financial statements analysis is a perfect complement when working with ADT Valuation or Volatility modules.
ADT | Debt To Equity |
Latest ADT's Debt To Equity Growth Pattern
Below is the plot of the Debt To Equity of ADT Inc over the last few years. It is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. ADT's Debt To Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ADT's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 3.10 % | 10 Years Trend |
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Debt To Equity |
| Timeline |
ADT Debt To Equity Regression Statistics
| Arithmetic Mean | 2.37 | |
| Geometric Mean | 2.32 | |
| Coefficient Of Variation | 20.82 | |
| Mean Deviation | 0.44 | |
| Median | 2.12 | |
| Standard Deviation | 0.49 | |
| Sample Variance | 0.24 | |
| Range | 1.2074 | |
| R-Value | 0.55 | |
| Mean Square Error | 0.18 | |
| R-Squared | 0.30 | |
| Significance | 0.03 | |
| Slope | 0.06 | |
| Total Sum of Squares | 3.40 |
ADT Debt To Equity History
About ADT Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include ADT income statement, its balance sheet, and the statement of cash flows. ADT investors use historical funamental indicators, such as ADT's Debt To Equity, to determine how well the company is positioned to perform in the future. Although ADT investors may use each financial statement separately, they are all related. The changes in ADT's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ADT's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on ADT Financial Statements. Understanding these patterns can help to make the right decision on long term investment in ADT. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Debt To Equity | 2.06 | 2.12 |
Pair Trading with ADT
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 ADT 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 ADT will appreciate offsetting losses from the drop in the long position's value.Moving together with ADT Stock
| 0.69 | BRC | Brady Fiscal Year End 3rd of September 2024 | PairCorr |
Moving against ADT Stock
| 0.78 | BAER | Bridger Aerospace | PairCorr |
| 0.76 | CIX | CompX International | PairCorr |
| 0.68 | EVLVW | Evolv Technologies | PairCorr |
| 0.6 | IVDA | Iveda Solutions | PairCorr |
| 0.54 | GFAIW | Guardforce AI | PairCorr |
The ability to find closely correlated positions to ADT could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ADT 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 ADT - 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 ADT Inc to buy it.
The correlation of ADT 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 ADT moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ADT 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 ADT 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.Additional Tools for ADT Stock Analysis
When running ADT's price analysis, check to measure ADT's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ADT is operating at the current time. Most of ADT's value examination focuses on studying past and present price action to predict the probability of ADT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ADT's price. Additionally, you may evaluate how the addition of ADT to your portfolios can decrease your overall portfolio volatility.