Adams Invested Capital vs Free Cash Flow Analysis

AE Stock

USD 29.52 0.92 3.22%

Adams Resources financial indicator trend analysis is way more than just evaluating Adams Resources Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Adams Resources Energy is a good investment. Please check the relationship between Adams Resources Invested Capital and its Free Cash Flow accounts. 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.

Invested Capital vs Free Cash Flow

Invested Capital vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Adams Resources Energy Invested Capital account and Free Cash Flow. At this time, the significance of the direction appears to have no relationship.

The correlation between Adams Resources' Invested Capital and Free Cash Flow is 0.0. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Adams Resources Energy, assuming nothing else is changed. The correlation between historical values of Adams Resources' Invested Capital and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Invested Capital of Adams Resources Energy are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Invested Capital i.e., Adams Resources' Invested Capital and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.0

Relationship Direction	Flat
Relationship Strength	Insignificant

View All Relationships

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Adams Resources Energy. There are two different methods for calculating Adams Resources Energy invested capital: operating approach and financing approach. Understanding Adams Resources invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Adams Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Adams Resources Energy 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 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.

At present, Adams Resources' Enterprise Value Multiple is projected to increase slightly based on the last few years of reporting.

	2021	2022	2023	2024 (projected)
Interest Expense	746K	1.3M	3.4M	3.6M
Depreciation And Amortization	20.0M	23.6M	27.9M	29.3M

Interest Expense Depreciation And Amortization

Adams Resources fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock	Common Stock Total Equity	Other Liab
Total Assets		0.01	-0.09	0.92	0.62	0.66	-0.12	0.6	0.17	0.62	0.18	0.17	0.88	0.16	0.17	0.84	0.43	0.06	0.9	0.29	0.96	0.01	0.9	0.72	-0.1	-0.03
Short Long Term Debt Total	0.01		0.62	0.11	-0.43	0.64	0.74	-0.46	-0.46	0.71	-0.47	-0.46	0.03	-0.38	0.97	0.1	-0.46	-0.65	0.25	0.83	-0.17	0.97	0.06	-0.15	-0.86	0.91
Other Current Liab	-0.09	0.62		-0.05	-0.38	0.42	0.74	-0.41	-0.62	0.43	-0.65	-0.62	-0.07	-0.28	0.64	0.06	-0.38	-0.65	0.1	0.29	-0.32	0.59	-0.16	-0.34	-0.48	0.58
Total Current Liabilities	0.92	0.11	-0.05		0.28	0.64	0.15	0.27	-0.13	0.61	-0.01	-0.13	0.97	0.04	0.28	0.81	0.43	0.01	0.98	0.37	0.89	0.1	0.99	0.46	-0.23	-0.06
Total Stockholder Equity	0.62	-0.43	-0.38	0.28		0.2	-0.74	1.0	0.75	0.15	0.57	0.75	0.28	0.5	-0.37	0.42	0.34	0.32	0.21	-0.15	0.65	-0.37	0.28	0.88	0.46	-0.2
Property Plant And Equipment Net	0.66	0.64	0.42	0.64	0.2		0.44	0.18	-0.25	0.99	-0.28	-0.25	0.59	0.02	0.76	0.58	0.13	-0.44	0.71	0.8	0.5	0.66	0.6	0.45	-0.5	0.6
Net Debt	-0.12	0.74	0.74	0.15	-0.74	0.44		-0.75	-0.93	0.48	-0.66	-0.93	0.16	-0.44	0.79	-0.01	-0.2	-0.49	0.27	0.55	-0.28	0.68	0.09	-0.51	-0.72	0.54
Retained Earnings	0.6	-0.46	-0.41	0.27	1.0	0.18	-0.75		0.75	0.12	0.59	0.75	0.28	0.53	-0.4	0.41	0.35	0.34	0.19	-0.16	0.65	-0.4	0.28	0.89	0.49	-0.22
Cash	0.17	-0.46	-0.62	-0.13	0.75	-0.25	-0.93	0.75		-0.27	0.61	1.0	-0.21	0.35	-0.53	0.09	0.0	0.29	-0.21	-0.31	0.28	-0.39	-0.1	0.58	0.48	-0.24
Non Current Assets Total	0.62	0.71	0.43	0.61	0.15	0.99	0.48	0.12	-0.27		-0.26	-0.27	0.56	-0.02	0.82	0.54	0.06	-0.44	0.69	0.84	0.45	0.71	0.56	0.42	-0.59	0.67
Non Currrent Assets Other	0.18	-0.47	-0.65	-0.01	0.57	-0.28	-0.66	0.59	0.61	-0.26		0.61	0.06	0.29	-0.47	-0.08	0.21	0.72	-0.09	-0.3	0.3	-0.54	0.04	0.54	0.24	-0.26
Cash And Short Term Investments	0.17	-0.46	-0.62	-0.13	0.75	-0.25	-0.93	0.75	1.0	-0.27	0.61		-0.21	0.35	-0.53	0.09	0.0	0.29	-0.21	-0.31	0.28	-0.39	-0.1	0.58	0.48	-0.24
Net Receivables	0.88	0.03	-0.07	0.97	0.28	0.59	0.16	0.28	-0.21	0.56	0.06	-0.21		0.11	0.22	0.72	0.51	0.14	0.94	0.32	0.88	0.01	0.97	0.47	-0.16	-0.12
Common Stock Shares Outstanding	0.16	-0.38	-0.28	0.04	0.5	0.02	-0.44	0.53	0.35	-0.02	0.29	0.35	0.11		-0.33	0.14	0.19	0.24	-0.07	-0.3	0.29	-0.38	0.11	0.52	0.62	-0.26
Non Current Liabilities Total	0.17	0.97	0.64	0.28	-0.37	0.76	0.79	-0.4	-0.53	0.82	-0.47	-0.53	0.22	-0.33		0.22	-0.27	-0.61	0.41	0.86	-0.02	0.93	0.22	-0.08	-0.86	0.86
Inventory	0.84	0.1	0.06	0.81	0.42	0.58	-0.01	0.41	0.09	0.54	-0.08	0.09	0.72	0.14	0.22		0.3	-0.05	0.81	0.22	0.8	0.08	0.78	0.51	-0.14	-0.01
Other Current Assets	0.43	-0.46	-0.38	0.43	0.34	0.13	-0.2	0.35	0.0	0.06	0.21	0.0	0.51	0.19	-0.27	0.3		0.44	0.35	-0.1	0.49	-0.46	0.47	0.23	0.29	-0.49
Other Stockholder Equity	0.06	-0.65	-0.65	0.01	0.32	-0.44	-0.49	0.34	0.29	-0.44	0.72	0.29	0.14	0.24	-0.61	-0.05	0.44		-0.1	-0.44	0.23	-0.71	0.08	0.27	0.41	-0.49
Total Liab	0.9	0.25	0.1	0.98	0.21	0.71	0.27	0.19	-0.21	0.69	-0.09	-0.21	0.94	-0.07	0.41	0.81	0.35	-0.1		0.44	0.83	0.22	0.95	0.4	-0.38	0.07
Property Plant And Equipment Gross	0.29	0.83	0.29	0.37	-0.15	0.8	0.55	-0.16	-0.31	0.84	-0.3	-0.31	0.32	-0.3	0.86	0.22	-0.1	-0.44	0.44		0.17	0.87	0.35	0.2	-0.7	0.76
Total Current Assets	0.96	-0.17	-0.32	0.89	0.65	0.5	-0.28	0.65	0.28	0.45	0.3	0.28	0.88	0.29	-0.02	0.8	0.49	0.23	0.83	0.17		-0.16	0.91	0.75	0.08	-0.21
Short Term Debt	0.01	0.97	0.59	0.1	-0.37	0.66	0.68	-0.4	-0.39	0.71	-0.54	-0.39	0.01	-0.38	0.93	0.08	-0.46	-0.71	0.22	0.87	-0.16		0.04	-0.1	-0.75	0.89
Accounts Payable	0.9	0.06	-0.16	0.99	0.28	0.6	0.09	0.28	-0.1	0.56	0.04	-0.1	0.97	0.11	0.22	0.78	0.47	0.08	0.95	0.35	0.91	0.04		0.48	-0.17	-0.12
Common Stock	0.72	-0.15	-0.34	0.46	0.88	0.45	-0.51	0.89	0.58	0.42	0.54	0.58	0.47	0.52	-0.08	0.51	0.23	0.27	0.4	0.2	0.75	-0.1	0.48		0.21	0.04
Common Stock Total Equity	-0.1	-0.86	-0.48	-0.23	0.46	-0.5	-0.72	0.49	0.48	-0.59	0.24	0.48	-0.16	0.62	-0.86	-0.14	0.29	0.41	-0.38	-0.7	0.08	-0.75	-0.17	0.21		-0.73
Other Liab	-0.03	0.91	0.58	-0.06	-0.2	0.6	0.54	-0.22	-0.24	0.67	-0.26	-0.24	-0.12	-0.26	0.86	-0.01	-0.49	-0.49	0.07	0.76	-0.21	0.89	-0.12	0.04	-0.73

Click cells to compare fundamentals

Adams Resources Account Relationship Matchups

Adams Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	330.8M	296.2M	374.7M	384.2M	361.3M	238.4M
Short Long Term Debt Total	16.1M	23.7M	20.5M	48.6M	53.6M	56.3M
Other Current Liab	7.3M	22.4M	11.9M	19.5M	13.7M	10.1M
Total Current Liabilities	159.6M	114.5M	186.0M	231.1M	210.8M	147.9M
Total Stockholder Equity	151.6M	149.1M	160.4M	93.2M	92.7M	75.1M
Property Plant And Equipment Net	78.6M	102.2M	95.1M	114.1M	110.9M	116.4M
Net Debt	(96.9M)	(15.6M)	(77.4M)	28.0M	8.4M	8.8M
Retained Earnings	138.4M	135.3M	143.0M	73.0M	70.7M	62.3M
Cash	113.0M	39.3M	97.8M	20.5M	45.2M	35.9M
Non Current Assets Total	83.5M	108.7M	101.5M	134.0M	128.9M	135.3M
Non Currrent Assets Other	3.3M	2.4M	3.0M	3.7M	3.3M	3.0M
Cash And Short Term Investments	113.0M	39.3M	97.8M	20.5M	45.2M	35.9M
Net Receivables	97.1M	113.1M	144.2M	189.0M	164.3M	133.2M
Common Stock Shares Outstanding	4.2M	4.3M	4.3M	4.1M	2.6M	4.5M
Liabilities And Stockholders Equity	330.8M	296.2M	374.7M	384.2M	361.3M	238.4M
Non Current Liabilities Total	19.6M	32.5M	28.3M	59.9M	57.8M	60.7M
Inventory	26.4M	19.3M	18.9M	26.9M	19.8M	13.1M
Other Current Assets	1.6M	3.0M	2.4M	3.1M	3.1M	2.9M
Other Stockholder Equity	12.8M	13.3M	16.9M	20.0M	21.8M	20.7M
Total Liab	179.2M	147.1M	214.3M	291.0M	268.6M	163.3M
Property Plant And Equipment Gross	78.6M	102.2M	95.1M	114.1M	237.8M	249.7M
Total Current Assets	247.3M	187.5M	273.2M	250.1M	232.5M	189.0M
Short Term Debt	4.4M	6.2M	5.8M	7.1M	11.5M	12.1M
Accounts Payable	147.9M	86.0M	168.2M	204.4M	183.1M	151.9M
Other Liab	7.9M	15.0M	13.7M	18.5M	21.2M	22.3M
Other Assets	3.3M	10.4M	3.0M	1.3M	1.4M	1.4M
Property Plant Equipment	69.0M	94.1M	88.0M	106.4M	122.4M	128.5M
Net Tangible Assets	150.0M	145.0M	157.1M	77.0M	69.3M	112.4M
Retained Earnings Total Equity	138.4M	135.3M	143.0M	73.0M	83.9M	128.7M
Capital Surpluse	12.8M	13.3M	16.9M	20.0M	23.0M	14.5M
Deferred Long Term Liab	6.4M	12.7M	11.3M	16.0M	18.4M	9.5M
Intangible Assets	1.6M	4.1M	3.3M	9.7M	8.0M	8.4M
Non Current Liabilities Other	13.3M	19.8M	17.0M	19.6M	22.5M	23.6M

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Adams Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Adams Resources' short interest history, or implied volatility extrapolated from Adams Resources options trading.

Pair Trading with Adams Resources

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 Adams Resources 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 Adams Resources will appreciate offsetting losses from the drop in the long position's value.

Moving against Adams Stock

0.8	CSAN	Cosan SA ADR Financial Report 20th of May 2024	Pair Corr
0.67	CLNE	Clean Energy Fuels Financial Report 14th of May 2024	Pair Corr
0.63	VTNR	Vertex Energy Buyout Trend	Pair Corr
0.62	DKL	Delek Logistics Partners Financial Report 13th of May 2024	Pair Corr
0.6	SGU	Star Gas Partners	Pair Corr

The ability to find closely correlated positions to Adams Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adams Resources 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 Adams Resources - 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 Adams Resources Energy to buy it.

The correlation of Adams Resources 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 Adams Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adams Resources Energy 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 Adams Resources 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 Correlation Correlation Matching

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:

How To Invest In Adams

Details

Is Adams Stock a good investment?

Details

What is Adams Resources' Net Worth?

Details

Largest Oil & Gas Refining & Marketing Companies

View

Largest Energy Companies

View

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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

Complementary Tools for Adams Stock analysis

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.

	Transaction History View history of all your transactions and understand their impact on performance
	Stocks Directory Find actively traded stocks across global markets
	CEOs Directory Screen CEOs from public companies around the world
	Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios
	Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
	Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk
	Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format
	ETFs Find actively traded Exchange Traded Funds (ETF) from around the world
	Bonds Directory Find actively traded corporate debentures issued by US companies
	Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
	Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities
	Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Adams Invested Capital vs Free Cash Flow Analysis

Invested Capital vs Free Cash Flow

Invested Capital vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Invested Capital

Free Cash Flow

Adams Resources fundamental ratios Correlations

Adams Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Adams Resources fundamental ratios Accounts

Pair Trading with Adams Resources

Moving against Adams Stock

Complementary Tools for Adams Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Accounts Payable	+ 0.99	Total Current Liabilities
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Total Liab	+ 0.98	Total Current Liabilities
Non Current Liabilities Total	+ 0.97	Short Long Term Debt Total

Cash And Short Term Investments	- 0.93	Net Debt
Cash	- 0.93	Net Debt
Common Stock Total Equity	- 0.86	Non Current Liabilities Total
Common Stock Total Equity	- 0.86	Short Long Term Debt Total
Common Stock Total Equity	- 0.75	Short Term Debt
Retained Earnings	- 0.75	Net Debt