AVCON Non Current Liabilities Total vs Other Stockholder Equity Analysis

300074 Stock   5.11  0.14  2.82%   
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 Non Current Liabilities Total 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.

Non Current Liabilities Total vs Other Stockholder Equity

Non Current Liabilities Total 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 Non Current Liabilities Total account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between AVCON Information's Non Current Liabilities Total and Other Stockholder Equity is -0.33. Overlapping area represents the amount of variation of Non Current Liabilities Total 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 Non Current Liabilities Total 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 Non Current Liabilities Total 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 Non Current Liabilities Total i.e., AVCON Information's Non Current Liabilities Total and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Current Liabilities Total

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 3.2 M
 2021 2022 2023 2024 (projected)
Gross Profit193.1M161.3M252.7M212.0M
Research Development41.9M60.2M52.4M50.8M

AVCON Information fundamental ratios Correlations

0.60.710.750.90.720.480.340.890.78-0.170.880.36-0.120.860.620.61-0.160.790.830.30.740.90.750.520.55
0.60.270.740.290.330.720.40.270.69-0.110.460.3-0.060.83-0.070.06-0.260.810.580.570.460.450.330.260.66
0.710.270.630.560.5-0.10.490.680.71-0.440.710.26-0.420.620.710.83-0.350.660.490.040.40.70.510.610.44
0.750.740.630.490.520.420.580.60.96-0.390.720.24-0.360.80.280.52-0.510.970.570.670.410.740.550.420.46
0.90.290.560.490.680.390.030.890.530.060.750.310.10.60.670.550.150.50.80.190.70.770.70.40.29
0.720.330.50.520.680.250.550.780.49-0.490.920.39-0.480.530.580.53-0.40.540.260.150.640.870.980.210.36
0.480.72-0.10.420.390.25-0.090.260.310.320.260.120.350.49-0.02-0.140.190.460.610.470.420.230.220.00.37
0.340.40.490.580.030.55-0.090.380.6-0.960.650.13-0.930.520.280.54-0.940.63-0.130.070.140.60.570.470.53
0.890.270.680.60.890.780.260.380.63-0.320.90.34-0.280.620.830.78-0.240.610.60.140.560.880.80.50.35
0.780.690.710.960.530.490.310.60.63-0.430.730.13-0.380.840.310.59-0.50.970.60.520.470.750.540.610.55
-0.17-0.11-0.44-0.390.06-0.490.32-0.96-0.32-0.43-0.55-0.020.99-0.29-0.31-0.570.92-0.430.330.10.0-0.49-0.51-0.43-0.37
0.880.460.710.720.750.920.260.650.90.73-0.550.4-0.520.740.670.71-0.50.750.470.190.650.980.930.480.51
0.360.30.260.240.310.390.120.130.340.13-0.020.4-0.040.230.320.16-0.130.260.210.150.230.360.31-0.290.19
-0.12-0.06-0.42-0.360.1-0.480.35-0.93-0.28-0.380.99-0.52-0.04-0.22-0.3-0.560.92-0.380.40.080.05-0.46-0.49-0.36-0.29
0.860.830.620.80.60.530.490.520.620.84-0.290.740.23-0.220.310.41-0.340.880.730.320.670.770.590.610.74
0.62-0.070.710.280.670.58-0.020.280.830.31-0.310.670.32-0.30.310.84-0.170.30.37-0.190.220.620.570.370.18
0.610.060.830.520.550.53-0.140.540.780.59-0.570.710.16-0.560.410.84-0.440.510.290.020.130.690.550.630.22
-0.16-0.26-0.35-0.510.15-0.40.19-0.94-0.24-0.50.92-0.5-0.130.92-0.34-0.17-0.44-0.520.3-0.110.04-0.48-0.44-0.29-0.33
0.790.810.660.970.50.540.460.630.610.97-0.430.750.26-0.380.880.30.51-0.520.60.520.510.760.560.50.66
0.830.580.490.570.80.260.61-0.130.60.60.330.470.210.40.730.370.290.30.60.340.610.510.30.410.42
0.30.570.040.670.190.150.470.070.140.520.10.190.150.080.32-0.190.02-0.110.520.340.030.240.18-0.13-0.16
0.740.460.40.410.70.640.420.140.560.470.00.650.230.050.670.220.130.040.510.610.030.680.640.320.58
0.90.450.70.740.770.870.230.60.880.75-0.490.980.36-0.460.770.620.69-0.480.760.510.240.680.910.490.45
0.750.330.510.550.70.980.220.570.80.54-0.510.930.31-0.490.590.570.55-0.440.560.30.180.640.910.290.33
0.520.260.610.420.40.210.00.470.50.61-0.430.48-0.29-0.360.610.370.63-0.290.50.41-0.130.320.490.290.54
0.550.660.440.460.290.360.370.530.350.55-0.370.510.19-0.290.740.180.22-0.330.660.42-0.160.580.450.330.54
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AVCON Information Account Relationship Matchups

AVCON Information fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.7B1.8B1.6B1.6B1.2B
Other Current Liab87.1M77.0M78.2M119.5M81.9M61.4M
Total Current Liabilities268.1M534.8M401.0M333.1M494.6M519.4M
Total Stockholder Equity1.2B1.2B1.1B1.0B1.1B970.7M
Property Plant And Equipment Net262.9M350.1M335.6M337.9M297.3M238.4M
Net Debt(91.6M)(104.0M)(31.8M)19.8M(161.0M)(169.0M)
Retained Earnings418.3M378.0M385.6M279.7M286.7M276.8M
Accounts Payable136.7M163.0M167.3M154.2M190.1M199.7M
Cash109.7M284.2M189.3M129.6M300.3M227.1M
Non Current Assets Total682.7M744.6M777.8M728.8M682.7M480.5M
Cash And Short Term Investments174.7M284.2M248.5M174.6M326.0M236.2M
Net Receivables401.0M500.6M591.9M594.7M566.7M305.1M
Liabilities And Stockholders Equity1.5B1.7B1.8B1.6B1.6B1.2B
Inventory137.4M114.0M108.8M62.6M30.6M29.0M
Other Current Assets120.2M95.2M68.9M42.5M28.0M45.0M
Other Stockholder Equity169.2M193.5M198.6M194.9M194.9M225.9M
Total Liab305.8M573.1M590.9M512.2M519.8M545.8M
Total Current Assets833.2M994.1M1.0B874.5M951.2M755.2M
Intangible Assets20.6M18.7M39.1M40.7M39.4M25.7M
Property Plant Equipment317.9M360.0M350.1M335.6M385.9M230.7M
Non Currrent Assets Other325.5M32.5M310.1M224.6M195.7M118.0M
Non Current Liabilities Total37.7M38.3M189.9M179.1M25.1M44.9M
Other Liab34.6M57.1M28.3M43.7M50.2M29.1M
Short Term Investments65M(215.8M)59.2M45M25.7M27.0M
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 Capital1.2B1.3B1.3B1.2B1.1B970.9M
Net Working Capital565.1M459.3M617.1M541.4M456.6M418.5M

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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.