AVCON Total Assets vs Total Current Liabilities 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 Total Assets and its Total Current Liabilities 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.

Total Assets vs Total Current Liabilities

Total Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AVCON Information Tech Total Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.

The correlation between AVCON Information's Total Assets and Total Current Liabilities is 0.75. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Liabilities 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 Total Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of AVCON Information Tech are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Assets i.e., AVCON Information's Total Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.75

Relationship Direction	Positive
Relationship Strength	Significant

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Total Assets

Total assets refers to the total amount of AVCON Information assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in AVCON Information Tech books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on AVCON Information balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of AVCON Information Tech are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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 Profit	161.3M	252.7M	290.6M	212.0M
Research Development	60.2M	52.4M	60.3M	50.8M

Gross Profit Research Development

AVCON Information fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Cash And Short Term Investments	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		0.65	0.71	0.75	0.9	0.72	0.52	0.34	0.87	0.77	-0.17	0.89	0.27	-0.11	0.78	0.5	0.55	-0.21	0.79	0.85	0.38	0.77	0.9	0.76	0.55	0.5
Short Long Term Debt Total	0.65		0.31	0.76	0.34	0.36	0.74	0.38	0.28	0.72	-0.11	0.5	0.2	-0.06	0.82	-0.15	0.03	-0.3	0.82	0.63	0.62	0.55	0.49	0.35	0.32	0.58
Other Current Liab	0.71	0.31		0.61	0.57	0.51	-0.06	0.49	0.68	0.68	-0.44	0.71	0.23	-0.41	0.55	0.65	0.8	-0.37	0.64	0.5	0.1	0.42	0.72	0.53	0.62	0.43
Total Current Liabilities	0.75	0.76	0.61		0.5	0.51	0.45	0.52	0.56	0.97	-0.36	0.7	0.11	-0.33	0.92	0.13	0.43	-0.52	0.97	0.6	0.75	0.49	0.71	0.53	0.44	0.38
Total Stockholder Equity	0.9	0.34	0.57	0.5		0.69	0.42	0.04	0.89	0.53	0.06	0.77	0.26	0.1	0.55	0.59	0.52	0.11	0.51	0.8	0.24	0.71	0.79	0.71	0.42	0.27
Property Plant And Equipment Net	0.72	0.36	0.51	0.51	0.69		0.28	0.56	0.78	0.48	-0.49	0.92	0.35	-0.48	0.47	0.52	0.51	-0.42	0.53	0.3	0.19	0.63	0.88	0.98	0.23	0.35
Current Deferred Revenue	0.52	0.74	-0.06	0.45	0.42	0.28		-0.07	0.27	0.36	0.31	0.3	0.07	0.34	0.51	-0.08	-0.16	0.15	0.49	0.64	0.5	0.47	0.27	0.24	0.04	0.34
Net Debt	0.34	0.38	0.49	0.52	0.04	0.56	-0.07		0.38	0.54	-0.95	0.64	0.12	-0.93	0.47	0.27	0.54	-0.93	0.59	-0.11	0.07	0.15	0.6	0.57	0.47	0.53
Retained Earnings	0.87	0.28	0.68	0.56	0.89	0.78	0.27	0.38		0.59	-0.32	0.89	0.31	-0.28	0.52	0.78	0.77	-0.25	0.58	0.59	0.15	0.54	0.89	0.81	0.51	0.34
Accounts Payable	0.77	0.72	0.68	0.97	0.53	0.48	0.36	0.54	0.59		-0.4	0.71	0.02	-0.35	0.95	0.16	0.49	-0.51	0.97	0.63	0.64	0.53	0.73	0.52	0.61	0.47
Cash	-0.17	-0.11	-0.44	-0.36	0.06	-0.49	0.31	-0.95	-0.32	-0.4		-0.53	-0.02	0.99	-0.29	-0.3	-0.56	0.91	-0.41	0.31	0.07	-0.01	-0.49	-0.51	-0.43	-0.37
Non Current Assets Total	0.89	0.5	0.71	0.7	0.77	0.92	0.3	0.64	0.89	0.71	-0.53		0.33	-0.5	0.66	0.58	0.67	-0.52	0.74	0.5	0.25	0.67	0.99	0.93	0.5	0.48
Other Assets	0.27	0.2	0.23	0.11	0.26	0.35	0.07	0.12	0.31	0.02	-0.02	0.33		-0.04	0.02	0.34	0.17	-0.09	0.15	0.13	0.02	0.12	0.31	0.28	-0.32	0.2
Cash And Short Term Investments	-0.11	-0.06	-0.41	-0.33	0.1	-0.48	0.34	-0.93	-0.28	-0.35	0.99	-0.5	-0.04		-0.22	-0.3	-0.56	0.91	-0.36	0.37	0.06	0.04	-0.46	-0.49	-0.35	-0.29
Net Receivables	0.78	0.82	0.55	0.92	0.55	0.47	0.51	0.47	0.52	0.95	-0.29	0.66	0.02	-0.22		0.03	0.3	-0.38	0.96	0.69	0.61	0.64	0.68	0.5	0.57	0.59
Inventory	0.5	-0.15	0.65	0.13	0.59	0.52	-0.08	0.27	0.78	0.16	-0.3	0.58	0.34	-0.3	0.03		0.84	-0.13	0.17	0.26	-0.28	0.09	0.56	0.53	0.31	0.19
Other Current Assets	0.55	0.03	0.8	0.43	0.52	0.51	-0.16	0.54	0.77	0.49	-0.56	0.67	0.17	-0.56	0.3	0.84		-0.42	0.44	0.25	-0.02	0.08	0.66	0.53	0.6	0.23
Other Stockholder Equity	-0.21	-0.3	-0.37	-0.52	0.11	-0.42	0.15	-0.93	-0.25	-0.51	0.91	-0.52	-0.09	0.91	-0.38	-0.13	-0.42		-0.53	0.22	-0.18	-0.03	-0.5	-0.45	-0.31	-0.32
Total Liab	0.79	0.82	0.64	0.97	0.51	0.53	0.49	0.59	0.58	0.97	-0.41	0.74	0.15	-0.36	0.96	0.17	0.44	-0.53		0.62	0.62	0.56	0.74	0.55	0.52	0.58
Total Current Assets	0.85	0.63	0.5	0.6	0.8	0.3	0.64	-0.11	0.59	0.63	0.31	0.5	0.13	0.37	0.69	0.26	0.25	0.22	0.62		0.42	0.66	0.55	0.33	0.45	0.37
Short Term Debt	0.38	0.62	0.1	0.75	0.24	0.19	0.5	0.07	0.15	0.64	0.07	0.25	0.02	0.06	0.61	-0.28	-0.02	-0.18	0.62	0.42		0.21	0.28	0.2	-0.02	-0.17
Intangible Assets	0.77	0.55	0.42	0.49	0.71	0.63	0.47	0.15	0.54	0.53	-0.01	0.67	0.12	0.04	0.64	0.09	0.08	-0.03	0.56	0.66	0.21		0.69	0.63	0.37	0.49
Common Stock	0.9	0.49	0.72	0.71	0.79	0.88	0.27	0.6	0.89	0.73	-0.49	0.99	0.31	-0.46	0.68	0.56	0.66	-0.5	0.74	0.55	0.28	0.69		0.91	0.51	0.44
Property Plant Equipment	0.76	0.35	0.53	0.53	0.71	0.98	0.24	0.57	0.81	0.52	-0.51	0.93	0.28	-0.49	0.5	0.53	0.53	-0.45	0.55	0.33	0.2	0.63	0.91		0.31	0.32
Non Currrent Assets Other	0.55	0.32	0.62	0.44	0.42	0.23	0.04	0.47	0.51	0.61	-0.43	0.5	-0.32	-0.35	0.57	0.31	0.6	-0.31	0.52	0.45	-0.02	0.37	0.51	0.31		0.52
Non Current Liabilities Total	0.5	0.58	0.43	0.38	0.27	0.35	0.34	0.53	0.34	0.47	-0.37	0.48	0.2	-0.29	0.59	0.19	0.23	-0.32	0.58	0.37	-0.17	0.49	0.44	0.32	0.52

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AVCON Information Account Relationship Matchups

AVCON Information fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.7B	1.8B	1.6B	1.6B	1.9B	1.2B
Short Long Term Debt Total	180.2M	157.5M	149.4M	139.3M	160.2M	91.1M
Other Current Liab	77.0M	78.2M	119.5M	81.9M	94.2M	61.4M
Total Current Liabilities	534.8M	401.0M	333.1M	494.6M	568.8M	597.3M
Total Stockholder Equity	1.2B	1.1B	1.0B	1.1B	1.2B	970.7M
Property Plant And Equipment Net	350.1M	335.6M	337.9M	297.3M	341.9M	238.4M
Current Deferred Revenue	124.5M	144.3M	48.2M	87.0M	100.0M	74.2M
Net Debt	(104.0M)	(31.8M)	19.8M	(161.0M)	(185.1M)	(194.4M)
Retained Earnings	378.0M	385.6M	279.7M	286.7M	329.7M	276.8M
Accounts Payable	163.0M	167.3M	154.2M	190.1M	218.7M	229.6M
Cash	284.2M	189.3M	129.6M	300.3M	270.3M	227.1M
Non Current Assets Total	744.6M	777.8M	728.8M	682.7M	785.1M	480.5M
Cash And Short Term Investments	284.2M	248.5M	174.6M	326.0M	293.4M	236.2M
Net Receivables	500.6M	591.9M	594.7M	566.7M	651.7M	684.3M
Liabilities And Stockholders Equity	1.7B	1.8B	1.6B	1.6B	1.9B	1.2B
Inventory	114.0M	108.8M	62.6M	30.6M	35.2M	33.4M
Other Current Assets	95.2M	68.9M	42.5M	28.0M	32.1M	45.0M
Other Stockholder Equity	193.5M	198.6M	194.9M	194.9M	175.4M	225.9M
Total Liab	573.1M	590.9M	512.2M	519.8M	597.7M	627.6M
Total Current Assets	994.1M	1.0B	874.5M	951.2M	1.1B	755.2M
Short Term Debt	170.2M	11.3M	11.1M	135.6M	155.9M	163.7M
Intangible Assets	18.7M	39.1M	40.7M	39.4M	45.3M	25.7M
Property Plant Equipment	317.9M	360.0M	350.1M	335.6M	385.9M	230.7M
Non Currrent Assets Other	32.5M	310.1M	224.6M	195.7M	225.1M	118.0M
Non Current Liabilities Total	38.3M	189.9M	179.1M	25.1M	28.9M	44.9M
Other Liab	34.6M	57.1M	28.3M	43.7M	50.2M	29.1M
Short Term Investments	(215.8M)	59.2M	45M	25.7M	29.6M	31.0M
Net Tangible Assets	1.2B	1.2B	1.1B	1.0B	1.2B	1.2B
Deferred Long Term Liab	3.7M	3.2M	2.7M	3.1M	3.5M	3.1M
Non Current Liabilities Other	18.0M	23.1M	16.6M	17.7M	20.4M	18.4M
Net Invested Capital	1.3B	1.3B	1.2B	1.1B	956.1M	970.9M
Net Working Capital	459.3M	617.1M	541.4M	456.6M	410.9M	418.5M
Property Plant And Equipment Gross	669.6M	708.3M	337.9M	692.1M	622.9M	471.0M
Accumulated Other Comprehensive Income	47.4M	30.3M	34.5M	49.7M	44.7M	37.7M

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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.

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AVCON Total Assets vs Total Current Liabilities Analysis

Total Assets vs Total Current Liabilities

Total Assets vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Total Assets

Total Current Liabilities

AVCON Information fundamental ratios Correlations

AVCON Information Account Relationship Matchups

High Positive Relationship

High Negative Relationship

AVCON Information fundamental ratios Accounts

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Other Information on Investing in AVCON Stock

COMMON DESTINATIONS

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COMPANY

Cash And Short Term Investments	+ 0.99	Cash
Common Stock	+ 0.99	Non Current Assets Total
Property Plant Equipment	+ 0.98	Property Plant And Equipment Net
Accounts Payable	+ 0.97	Total Current Liabilities
Total Liab	+ 0.97	Total Current Liabilities
Total Liab	+ 0.97	Accounts Payable

Cash	- 0.95	Net Debt
Other Stockholder Equity	- 0.93	Net Debt
Cash And Short Term Investments	- 0.93	Net Debt
Other Current Assets	- 0.56	Cash And Short Term Investments
Other Current Assets	- 0.56	Cash
Total Liab	- 0.53	Other Stockholder Equity