Adams Resources Financials

AE Stock  USD 29.00  1.91  7.05%   
Based on the key indicators related to Adams Resources' liquidity, profitability, solvency, and operating efficiency, Adams Resources Energy is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in April. At present, Adams Resources' Property Plant And Equipment Net is projected to increase significantly based on the last few years of reporting. The current year's Net Debt is expected to grow to about 8.8 M, whereas Other Current Liabilities is forecasted to decline to about 10.1 M. Key indicators impacting Adams Resources' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.350.3334
Sufficiently Up
Slightly volatile
Current Ratio1.021.1029
Significantly Down
Pretty Stable
The financial analysis of Adams Resources is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Adams Resources includes many different criteria found on its balance sheet. For example, investors should never minimize Adams Resources' ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Adams Resources' cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Adams Resources.

Cash And Equivalents

17.55 Million

With this module, you can analyze Adams financials for your investing period. You should be able to track the changes in Adams Resources individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Adams Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Adams Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in Adams Resources' assets may result in an increase in income on the income statement.
Evaluating Adams Resources' financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Adams Resources' profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Adams Resources' relative financial performance

Chance Of Distress

Less than 9

 
100  
 
Zero
Low
Adams Resources Energy has less than 9 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Adams Resources stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Adams Resources' odds of distress score SHOULD NOT be confused with the real chance of Adams Resources Energy filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Adams is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Adams Resources' liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Adams Resources' official financial statements usually reflect Adams Resources' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Adams Resources Energy. For example, before you start analyzing numbers published by Adams accountants, it's critical to develop an understanding of what Adams Resources' liquidity, profitability, and earnings quality are in the context of the Oil, Gas & Consumable Fuels space in which it operates.
Please note, the presentation of Adams Resources' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Adams Resources' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Adams Resources' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Adams Resources Energy. Please utilize our Beneish M Score to check the likelihood of Adams Resources' management manipulating its earnings.

Adams Resources Company Summary

Adams Resources competes with HF Sinclair, Delek US, Vertex Energy, and CVR Energy. Adams Resources Energy, Inc., through its subsidiaries, primarily engages in the marketing, transportation, terminalling, and storage in various crude oil and natural gas basins in the United States. Adams Resources Energy, Inc. was founded in 1947 and is headquartered in Houston, Texas. Adams Resources operates under Oil Gas Refining Marketing classification in the United States and is traded on AMEX Exchange. It employs 710 people.
Specialization
Energy, Oil & Gas Refining & Marketing
InstrumentUSA Stock View All
ExchangeNYSE MKT Exchange
CIK Number0000002178
ISINUS0063513081
CUSIP006351308
RegionNorth America
LocationTexas; U.S.A
Business Address17 South Briar
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkNYSE Composite
Websitewww.adamsresources.com
Phone713 881 3600
CurrencyUSD - US Dollar
You should never invest in Adams Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Adams Stock, because this is throwing your money away. Analyzing the key information contained in Adams Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Adams Resources Key Financial Ratios

Generally speaking, Adams Resources' financial ratios allow both analysts and investors to convert raw data from Adams Resources' financial statements into concise, actionable information that can be used to evaluate the performance of Adams Resources over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Adams Resources Energy reports annually and quarterly.

Adams Resources Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets330.8M296.2M374.7M384.2M361.3M238.4M
Other Current Liab7.3M22.4M11.9M19.5M13.7M10.1M
Net Debt(96.9M)(15.6M)(77.4M)28.0M8.4M8.8M
Retained Earnings138.4M135.3M143.0M73.0M70.7M62.3M
Cash113.0M39.3M97.8M20.5M45.2M35.9M
Net Receivables97.1M113.1M144.2M189.0M164.3M133.2M
Inventory26.4M19.3M18.9M26.9M19.8M13.1M
Other Current Assets1.6M3.0M2.4M3.1M3.1M2.9M
Total Liab179.2M147.1M214.3M291.0M268.6M163.3M
Total Current Assets247.3M187.5M273.2M250.1M232.5M189.0M
Short Term Debt4.4M6.2M5.8M7.1M11.5M12.1M
Accounts Payable147.9M86.0M168.2M204.4M183.1M151.9M
Other Liab7.9M15.0M13.7M18.5M21.2M22.3M
Other Assets3.3M10.4M3.0M1.3M1.4M1.4M
Net Tangible Assets150.0M145.0M157.1M77.0M69.3M112.4M
Capital Surpluse12.8M13.3M16.9M20.0M23.0M14.5M
Intangible Assets1.6M4.1M3.3M9.7M8.0M8.4M

Adams Resources Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Adams Resources' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense636K444K746K1.3M3.4M3.6M
Total Revenue1.8B1.0B2.0B3.4B2.7B2.2B
Gross Profit18.0M4.5M29.9M23.5M17.3M19.4M
Operating Income10.6M(5.1M)16.2M5.8M2.4M2.3M
Ebit10.6M(5.1M)16.2M5.8M2.4M2.3M
Ebitda27.2M13.5M36.2M29.4M30.3M17.2M
Cost Of Revenue1.8B1.0B2.0B3.3B2.7B2.2B
Income Before Tax10.5M(5.5M)15.7M5.4M486K461.7K
Net Income8.2M995K11.9M3.5M212K201.4K
Income Tax Expense2.3M(6.5M)3.8M1.9M274K260.3K
Tax Provision2.3M(6.5M)3.8M1.9M(1.4M)(1.3M)
Interest Income2.8M656K503K366K1.1M852.8K
Net Interest Income2.1M212K(503K)(366K)(2.3M)(2.2M)

Adams Resources Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Adams Resources Energy. It measures of how well Adams is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Adams Resources brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Adams had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Adams Resources has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash5.2M(70.2M)55.3M(76.3M)14.2M14.9M
Free Cash Flow11.2M(49.0M)68.6M6.3M18.4M19.3M
Depreciation16.6M18.6M19.8M22.7M27.9M29.3M
Other Non Cash Items(2.0M)(1.9M)(753K)(2.2M)(6.9M)(6.6M)
Capital Expenditures35.7M5.0M12.4M7.5M11.9M14.0M
Net Income8.2M995K11.9M3.5M212K201.4K
End Period Cash Flow122.3M52.1M107.3M31.1M45.2M38.0M
Change To Inventory(3.6M)4.8M394K(7.3M)7.1M7.4M
Dividends Paid4.0M4.1M4.1M3.8M(2.5M)(2.4M)
Change Receivables(8.4M)(5.2M)(38.0M)(46.5M)(41.9M)(39.8M)
Change To Netincome(791K)(1.4M)(583K)(1.3M)(1.2M)(1.1M)
Investments(36.0M)(19.7M)(10.1M)(36.0M)(4.0M)(4.2M)
Net Borrowings(1.7M)(2.3M)(4.4M)22.7M26.1M27.4M

Adams Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Adams Resources's current stock value. Our valuation model uses many indicators to compare Adams Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Adams Resources competition to find correlations between indicators driving Adams Resources's intrinsic value. More Info.
Adams Resources Energy is rated below average in cash and equivalents category among related companies. It is rated below average in short ratio category among related companies . The ratio of Cash And Equivalents to Short Ratio for Adams Resources Energy is about  16,829,508 . At present, Adams Resources' Cash And Equivalents is projected to decrease significantly based on the last few years of reporting.. Comparative valuation analysis is a catch-all model that can be used if you cannot value Adams Resources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Adams Resources' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Adams Resources' earnings, one of the primary drivers of an investment's value.

Adams Resources Energy Systematic Risk

Adams Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Adams Resources volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Adams Resources Energy correlated with the market. If Beta is less than 0 Adams Resources generally moves in the opposite direction as compared to the market. If Adams Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Adams Resources Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Adams Resources is generally in the same direction as the market. If Beta > 1 Adams Resources moves generally in the same direction as, but more than the movement of the benchmark.

About Adams Resources Financials

What exactly are Adams Resources Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Adams Resources' income statement, its balance sheet, and the statement of cash flows. Potential Adams Resources investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Adams Resources investors may use each financial statement separately, they are all related. The changes in Adams Resources's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Adams Resources'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. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Adams Resources Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Adams Resources is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Adams has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Adams Resources' financials are consistent with your investment objective using the following steps:
  • Review Adams Resources' balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Adams Resources' liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Adams Resources' financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Adams Resources' stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Adams Resources Thematic Clasifications

Adams Resources Energy is part of Wholesale investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Wholesale industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
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This theme covers USA Equities from Wholesale industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Adams Resources Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Adams Resources' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Adams Resources growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(3.29)

At present, Adams Resources' Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Adams Resources March 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Adams Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Adams Resources Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Adams Resources Energy based on widely used predictive technical indicators. In general, we focus on analyzing Adams Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Adams Resources's daily price indicators and compare them against related drivers.
When determining whether Adams Resources Energy is a strong investment it is important to analyze Adams Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Adams Resources' future performance. For an informed investment choice regarding Adams Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adams Resources Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Adams Resources Energy information on this page should be used as a complementary analysis to other Adams Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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When running Adams Resources' price analysis, check to measure Adams Resources' 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 Adams Resources is operating at the current time. Most of Adams Resources' value examination focuses on studying past and present price action to predict the probability of Adams Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adams Resources' price. Additionally, you may evaluate how the addition of Adams Resources to your portfolios can decrease your overall portfolio volatility.
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Is Adams Resources' industry 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 Adams Resources. If investors know Adams 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 Adams Resources 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
0.763
Dividend Share
0.96
Earnings Share
0.08
Revenue Per Share
1.1 K
Quarterly Revenue Growth
(0.05)
The market value of Adams Resources Energy is measured differently than its book value, which is the value of Adams that is recorded on the company's balance sheet. Investors also form their own opinion of Adams Resources' value that differs from its market value or its book value, called intrinsic value, which is Adams Resources' 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 Adams Resources' market value can be influenced by many factors that don't directly affect Adams Resources' 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 Adams Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Adams Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adams Resources' 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.