AVCON Inventory vs Other Stockholder Equity Analysis

300074 Stock   4.95  0.30  5.71%   
AVCON Information financial indicator trend analysis is way more than just evaluating AVCON Information Tech prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AVCON Information Tech is a good investment. Please check the relationship between AVCON Information Inventory and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AVCON Information Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Inventory vs Other Stockholder Equity

Inventory vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AVCON Information Tech Inventory account and Other Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between AVCON Information's Inventory and Other Stockholder Equity is -0.13. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of AVCON Information Tech, assuming nothing else is changed. The correlation between historical values of AVCON Information's Inventory and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of AVCON Information Tech are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Inventory i.e., AVCON Information's Inventory and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Inventory

Other Stockholder Equity

Most indicators from AVCON Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AVCON Information Tech 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 AVCON Information Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 90.7 M. The current year's Tax Provision is expected to grow to about 2.9 M
 2022 2023 2024 2025 (projected)
Gross Profit161.3M252.7M290.6M212.0M
Research Development60.2M52.4M60.3M50.8M

AVCON Information fundamental ratios Correlations

0.650.710.750.90.720.520.340.870.77-0.170.890.27-0.110.780.50.55-0.210.790.850.380.770.90.760.550.5
0.650.310.760.340.360.740.380.280.72-0.110.50.2-0.060.82-0.150.03-0.30.820.630.620.550.490.350.320.58
0.710.310.610.570.51-0.060.490.680.68-0.440.710.23-0.410.550.650.8-0.370.640.50.10.420.720.530.620.43
0.750.760.610.50.510.450.520.560.97-0.360.70.11-0.330.920.130.43-0.520.970.60.750.490.710.530.440.38
0.90.340.570.50.690.420.040.890.530.060.770.260.10.550.590.520.110.510.80.240.710.790.710.420.27
0.720.360.510.510.690.280.560.780.48-0.490.920.35-0.480.470.520.51-0.420.530.30.190.630.880.980.230.35
0.520.74-0.060.450.420.28-0.070.270.360.310.30.070.340.51-0.08-0.160.150.490.640.50.470.270.240.040.34
0.340.380.490.520.040.56-0.070.380.54-0.950.640.12-0.930.470.270.54-0.930.59-0.110.070.150.60.570.470.53
0.870.280.680.560.890.780.270.380.59-0.320.890.31-0.280.520.780.77-0.250.580.590.150.540.890.810.510.34
0.770.720.680.970.530.480.360.540.59-0.40.710.02-0.350.950.160.49-0.510.970.630.640.530.730.520.610.47
-0.17-0.11-0.44-0.360.06-0.490.31-0.95-0.32-0.4-0.53-0.020.99-0.29-0.3-0.560.91-0.410.310.07-0.01-0.49-0.51-0.43-0.37
0.890.50.710.70.770.920.30.640.890.71-0.530.33-0.50.660.580.67-0.520.740.50.250.670.990.930.50.48
0.270.20.230.110.260.350.070.120.310.02-0.020.33-0.040.020.340.17-0.090.150.130.020.120.310.28-0.320.2
-0.11-0.06-0.41-0.330.1-0.480.34-0.93-0.28-0.350.99-0.5-0.04-0.22-0.3-0.560.91-0.360.370.060.04-0.46-0.49-0.35-0.29
0.780.820.550.920.550.470.510.470.520.95-0.290.660.02-0.220.030.3-0.380.960.690.610.640.680.50.570.59
0.5-0.150.650.130.590.52-0.080.270.780.16-0.30.580.34-0.30.030.84-0.130.170.26-0.280.090.560.530.310.19
0.550.030.80.430.520.51-0.160.540.770.49-0.560.670.17-0.560.30.84-0.420.440.25-0.020.080.660.530.60.23
-0.21-0.3-0.37-0.520.11-0.420.15-0.93-0.25-0.510.91-0.52-0.090.91-0.38-0.13-0.42-0.530.22-0.18-0.03-0.5-0.45-0.31-0.32
0.790.820.640.970.510.530.490.590.580.97-0.410.740.15-0.360.960.170.44-0.530.620.620.560.740.550.520.58
0.850.630.50.60.80.30.64-0.110.590.630.310.50.130.370.690.260.250.220.620.420.660.550.330.450.37
0.380.620.10.750.240.190.50.070.150.640.070.250.020.060.61-0.28-0.02-0.180.620.420.210.280.2-0.02-0.17
0.770.550.420.490.710.630.470.150.540.53-0.010.670.120.040.640.090.08-0.030.560.660.210.690.630.370.49
0.90.490.720.710.790.880.270.60.890.73-0.490.990.31-0.460.680.560.66-0.50.740.550.280.690.910.510.44
0.760.350.530.530.710.980.240.570.810.52-0.510.930.28-0.490.50.530.53-0.450.550.330.20.630.910.310.32
0.550.320.620.440.420.230.040.470.510.61-0.430.5-0.32-0.350.570.310.6-0.310.520.45-0.020.370.510.310.52
0.50.580.430.380.270.350.340.530.340.47-0.370.480.2-0.290.590.190.23-0.320.580.37-0.170.490.440.320.52
Click cells to compare fundamentals

AVCON Information Account Relationship Matchups

AVCON Information fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.7B1.8B1.6B1.6B1.9B1.2B
Short Long Term Debt Total180.2M157.5M149.4M139.3M160.2M91.1M
Other Current Liab77.0M78.2M119.5M81.9M94.2M61.4M
Total Current Liabilities534.8M401.0M333.1M494.6M568.8M597.3M
Total Stockholder Equity1.2B1.1B1.0B1.1B1.2B970.7M
Property Plant And Equipment Net350.1M335.6M337.9M297.3M341.9M238.4M
Current Deferred Revenue124.5M144.3M48.2M87.0M100.0M74.2M
Net Debt(104.0M)(31.8M)19.8M(161.0M)(185.1M)(194.4M)
Retained Earnings378.0M385.6M279.7M286.7M329.7M276.8M
Accounts Payable163.0M167.3M154.2M190.1M218.7M229.6M
Cash284.2M189.3M129.6M300.3M270.3M227.1M
Non Current Assets Total744.6M777.8M728.8M682.7M785.1M480.5M
Cash And Short Term Investments284.2M248.5M174.6M326.0M293.4M236.2M
Net Receivables500.6M591.9M594.7M566.7M651.7M684.3M
Liabilities And Stockholders Equity1.7B1.8B1.6B1.6B1.9B1.2B
Inventory114.0M108.8M62.6M30.6M35.2M33.4M
Other Current Assets95.2M68.9M42.5M28.0M32.1M45.0M
Other Stockholder Equity193.5M198.6M194.9M194.9M175.4M225.9M
Total Liab573.1M590.9M512.2M519.8M597.7M627.6M
Total Current Assets994.1M1.0B874.5M951.2M1.1B755.2M
Short Term Debt170.2M11.3M11.1M135.6M155.9M163.7M
Intangible Assets18.7M39.1M40.7M39.4M45.3M25.7M
Property Plant Equipment317.9M360.0M350.1M335.6M385.9M230.7M
Non Currrent Assets Other32.5M310.1M224.6M195.7M225.1M118.0M
Non Current Liabilities Total38.3M189.9M179.1M25.1M28.9M44.9M
Other Liab34.6M57.1M28.3M43.7M50.2M29.1M
Short Term Investments(215.8M)59.2M45M25.7M29.6M31.0M
Net Tangible Assets1.2B1.2B1.1B1.0B1.2B1.2B
Deferred Long Term Liab3.7M3.2M2.7M3.1M3.5M3.1M
Non Current Liabilities Other18.0M23.1M16.6M17.7M20.4M18.4M
Net Invested Capital1.3B1.3B1.2B1.1B956.1M970.9M
Net Working Capital459.3M617.1M541.4M456.6M410.9M418.5M
Property Plant And Equipment Gross669.6M708.3M337.9M692.1M622.9M471.0M
Accumulated Other Comprehensive Income47.4M30.3M34.5M49.7M44.7M37.7M

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Other Information on Investing in AVCON Stock

Balance Sheet is a snapshot of the financial position of AVCON Information Tech at a specified time, usually calculated after every quarter, six months, or one year. AVCON Information Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of AVCON Information and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which AVCON currently owns. An asset can also be divided into two categories, current and non-current.