Advantage Long Term Debt vs Long Term Debt Total Analysis

ADV Stock  USD 3.57  0.05  1.42%   
Advantage Solutions financial indicator trend analysis is way more than just evaluating Advantage Solutions prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Advantage Solutions is a good investment. Please check the relationship between Advantage Solutions Long Term Debt and its Long Term Debt Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advantage Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Advantage Stock please use our How to Invest in Advantage Solutions guide.

Long Term Debt vs Long Term Debt Total

Long Term Debt vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Advantage Solutions Long Term Debt account and Long Term Debt Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Advantage Solutions' Long Term Debt and Long Term Debt Total is 0.62. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Advantage Solutions, assuming nothing else is changed. The correlation between historical values of Advantage Solutions' Long Term Debt and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Advantage Solutions are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Long Term Debt i.e., Advantage Solutions' Long Term Debt and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Long Term Debt

Long-term debt is a debt that Advantage Solutions has held for over one year. Long-term debt appears on Advantage Solutions balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Advantage Solutions balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Long Term Debt Total

Most indicators from Advantage Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Advantage Solutions 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Advantage Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Advantage Stock please use our How to Invest in Advantage Solutions guide.At this time, Advantage Solutions' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 11.74 in 2024, despite the fact that Tax Provision is likely to grow to (160.8 M).
 2021 2022 2023 2024 (projected)
Gross Profit638.2M556.6M339.7M428.9M
Total Revenue3.6B4.0B4.2B3.6B

Advantage Solutions fundamental ratios Correlations

0.72-0.75-0.490.6-0.03-0.090.730.89-0.48-0.140.960.7-0.14-0.530.96-0.650.82-0.51-0.81-0.590.86-0.55-0.540.210.79
0.72-0.77-0.39-0.040.41-0.050.990.57-0.410.040.650.490.04-0.260.61-0.780.83-0.56-0.54-0.840.9-0.21-0.320.350.52
-0.75-0.770.75-0.040.090.38-0.82-0.790.740.41-0.82-0.530.410.67-0.640.59-0.920.770.590.89-0.90.660.73-0.01-0.83
-0.49-0.390.750.090.640.88-0.48-0.810.980.83-0.7-0.280.830.96-0.360.42-0.810.890.380.53-0.70.910.980.53-0.9
0.6-0.04-0.040.09-0.110.31-0.070.420.090.190.510.360.19-0.120.72-0.070.070.12-0.460.120.11-0.22-0.060.280.26
-0.030.410.090.64-0.110.760.32-0.430.570.86-0.25-0.050.860.710.02-0.22-0.150.340.12-0.23-0.010.720.690.81-0.52
-0.09-0.050.380.880.310.76-0.15-0.510.860.85-0.330.030.850.840.040.13-0.480.740.060.21-0.350.750.840.77-0.63
0.730.99-0.82-0.48-0.070.32-0.150.63-0.5-0.070.690.5-0.07-0.350.61-0.790.88-0.63-0.55-0.860.93-0.3-0.420.250.59
0.890.57-0.79-0.810.42-0.43-0.510.63-0.78-0.550.970.61-0.55-0.840.81-0.570.89-0.73-0.74-0.550.86-0.83-0.85-0.190.97
-0.48-0.410.740.980.090.570.86-0.5-0.780.74-0.68-0.180.740.96-0.370.48-0.790.950.290.55-0.690.920.970.43-0.87
-0.140.040.410.830.190.860.85-0.07-0.550.74-0.37-0.191.00.77-0.010.03-0.470.560.240.13-0.340.750.810.82-0.68
0.960.65-0.82-0.70.51-0.25-0.330.690.97-0.68-0.370.62-0.37-0.740.91-0.660.89-0.68-0.74-0.60.88-0.75-0.750.00.92
0.70.49-0.53-0.280.36-0.050.030.50.61-0.18-0.190.62-0.19-0.250.53-0.330.56-0.06-0.98-0.30.62-0.29-0.290.120.57
-0.140.040.410.830.190.860.85-0.07-0.550.741.0-0.37-0.190.77-0.010.03-0.470.560.240.13-0.340.750.810.82-0.68
-0.53-0.260.670.96-0.120.710.84-0.35-0.840.960.77-0.74-0.250.77-0.450.41-0.730.860.370.39-0.620.980.990.48-0.91
0.960.61-0.64-0.360.720.020.040.610.81-0.37-0.010.910.53-0.01-0.45-0.610.69-0.43-0.66-0.510.73-0.49-0.450.290.69
-0.65-0.780.590.42-0.07-0.220.13-0.79-0.570.480.03-0.66-0.330.030.41-0.61-0.740.590.390.49-0.760.410.41-0.32-0.56
0.820.83-0.92-0.810.07-0.15-0.480.880.89-0.79-0.470.890.56-0.47-0.730.69-0.74-0.82-0.65-0.790.99-0.69-0.78-0.090.9
-0.51-0.560.770.890.120.340.74-0.63-0.730.950.56-0.68-0.060.560.86-0.430.59-0.820.190.68-0.740.80.870.24-0.78
-0.81-0.540.590.38-0.460.120.06-0.55-0.740.290.24-0.74-0.980.240.37-0.660.39-0.650.190.35-0.70.40.4-0.09-0.67
-0.59-0.840.890.530.12-0.230.21-0.86-0.550.550.13-0.6-0.30.130.39-0.510.49-0.790.680.35-0.810.330.46-0.14-0.54
0.860.9-0.9-0.70.11-0.01-0.350.930.86-0.69-0.340.880.62-0.34-0.620.73-0.760.99-0.74-0.7-0.81-0.58-0.670.040.84
-0.55-0.210.660.91-0.220.720.75-0.3-0.830.920.75-0.75-0.290.750.98-0.490.41-0.690.80.40.33-0.580.970.41-0.91
-0.54-0.320.730.98-0.060.690.84-0.42-0.850.970.81-0.75-0.290.810.99-0.450.41-0.780.870.40.46-0.670.970.5-0.93
0.210.35-0.010.530.280.810.770.25-0.190.430.820.00.120.820.480.29-0.32-0.090.24-0.09-0.140.040.410.5-0.31
0.790.52-0.83-0.90.26-0.52-0.630.590.97-0.87-0.680.920.57-0.68-0.910.69-0.560.9-0.78-0.67-0.540.84-0.91-0.93-0.31
Click cells to compare fundamentals

Advantage Solutions Account Relationship Matchups

Advantage Solutions fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab213.3M228.2M269.3M249.8M303.5M236.1M
Total Current Liabilities518.1M575.0M645.5M600.7M541.3M543.4M
Retained Earnings(745.3M)(907.7M)(866.6M)(2.2B)(2.3B)(2.2B)
Accounts Payable179.4M195.5M277.4M261.5M181.1M194.9M
Net Receivables695.0M595.3M809.2M883.0M714.2M706.5M
Common Stock Shares Outstanding56.3M223.2M318.2M318.7M323.7M254.6M
Inventory25.2M44.2M70.7M78.3M29.7M37.4M
Other Current Assets8.2M6.7M2.6M5.7M125.3M131.6M
Other Stockholder Equity2.3B3.4B3.4B3.4B3.4B2.6B
Total Current Assets952.5M899.8M1.1B1.2B1.0B953.5M
Other Liab565.5M587.5M557.1M353.0M317.7M438.0M
Net Tangible Assets(3.1B)(2.2B)(2.0B)(1.7B)(1.9B)(2.0B)
Other Assets22.6M16.2M9.9M10.3M1.00.95
Property Plant Equipment208.6M80.0M63.7M70.9M63.8M85.0M

Pair Trading with Advantage Solutions

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 Advantage Solutions 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 Advantage Solutions will appreciate offsetting losses from the drop in the long position's value.

Moving together with Advantage Stock

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Moving against Advantage Stock

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The ability to find closely correlated positions to Advantage Solutions could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Advantage Solutions 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 Advantage Solutions - 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 Advantage Solutions to buy it.
The correlation of Advantage Solutions 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 Advantage Solutions moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Advantage Solutions 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 Advantage Solutions 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.
Pair CorrelationCorrelation Matching
When determining whether Advantage Solutions is a strong investment it is important to analyze Advantage Solutions' 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 Advantage Solutions' future performance. For an informed investment choice regarding Advantage Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advantage Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Advantage Stock please use our How to Invest in Advantage Solutions guide.
Note that the Advantage Solutions information on this page should be used as a complementary analysis to other Advantage Solutions' 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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When running Advantage Solutions' price analysis, check to measure Advantage Solutions' 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 Advantage Solutions is operating at the current time. Most of Advantage Solutions' value examination focuses on studying past and present price action to predict the probability of Advantage Solutions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advantage Solutions' price. Additionally, you may evaluate how the addition of Advantage Solutions to your portfolios can decrease your overall portfolio volatility.
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Is Advantage Solutions' 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 Advantage Solutions. If investors know Advantage 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 Advantage Solutions 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
(0.06)
Earnings Share
(0.24)
Revenue Per Share
12.847
Quarterly Revenue Growth
(0.07)
Return On Assets
0.0187
The market value of Advantage Solutions is measured differently than its book value, which is the value of Advantage that is recorded on the company's balance sheet. Investors also form their own opinion of Advantage Solutions' value that differs from its market value or its book value, called intrinsic value, which is Advantage Solutions' 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 Advantage Solutions' market value can be influenced by many factors that don't directly affect Advantage Solutions' 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 Advantage Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Advantage Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advantage Solutions' 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.