Ava Accounts Payable vs Non Current Liabilities Total Analysis

AVA Stock   0.12  0.01  7.69%   
Ava Risk financial indicator trend analysis is way more than just evaluating Ava Risk Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ava Risk Group is a good investment. Please check the relationship between Ava Risk Accounts Payable and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ava Risk Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Accounts Payable vs Non Current Liabilities Total

Accounts Payable vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ava Risk Group Accounts Payable account and Non Current Liabilities Total. At this time, the significance of the direction appears to have no relationship.
The correlation between Ava Risk's Accounts Payable and Non Current Liabilities Total is 0.01. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Ava Risk Group, assuming nothing else is changed. The correlation between historical values of Ava Risk's Accounts Payable and Non Current Liabilities 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 Accounts Payable of Ava Risk Group are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Accounts Payable i.e., Ava Risk's Accounts Payable and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.01
Relationship DirectionPositive 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Ava Risk obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Ava Risk Group are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Non Current Liabilities Total

Most indicators from Ava Risk's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ava Risk Group 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 Ava Risk Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Issuance Of Capital Stock is likely to gain to about 5.2 M in 2025, whereas Selling General Administrative is likely to drop slightly above 8.9 M in 2025.
 2022 2023 2024 2025 (projected)
Cost Of Revenue22.9M12.1M14.0M12.7M
Total Revenue28.6M30.1M34.7M22.9M

Ava Risk fundamental ratios Correlations

0.80.850.990.430.380.650.10.870.670.090.850.720.930.660.550.540.72-0.47-0.470.73-0.450.640.90.5-0.51
0.80.910.720.320.450.570.230.70.41-0.160.880.770.750.340.650.290.38-0.46-0.470.61-0.360.570.760.4-0.73
0.850.910.750.550.630.350.250.720.610.070.990.810.860.520.630.510.57-0.2-0.630.8-0.490.340.830.55-0.58
0.990.720.750.340.290.720.080.870.640.070.750.650.90.650.50.50.71-0.54-0.390.65-0.420.710.860.44-0.47
0.430.320.550.340.26-0.21-0.340.340.760.390.620.610.490.40.20.90.520.46-0.450.9-0.13-0.20.60.9-0.17
0.380.450.630.290.260.050.70.170.230.340.580.280.50.070.460.090.06-0.05-0.630.4-0.670.050.330.01-0.15
0.650.570.350.72-0.210.050.190.60.07-0.230.290.250.460.130.27-0.080.15-0.950.070.09-0.151.00.41-0.07-0.46
0.10.230.250.08-0.340.70.19-0.12-0.110.010.16-0.190.17-0.160.29-0.39-0.21-0.31-0.3-0.2-0.480.17-0.03-0.510.02
0.870.70.720.870.340.170.6-0.120.50.040.730.640.720.620.250.510.69-0.42-0.180.61-0.160.590.710.52-0.39
0.670.410.610.640.760.230.07-0.110.50.180.650.550.750.740.390.90.80.21-0.640.86-0.290.080.770.79-0.12
0.09-0.160.070.070.390.34-0.230.010.040.180.10.00.150.00.050.240.120.26-0.190.25-0.29-0.230.130.080.27
0.850.880.990.750.620.580.290.160.730.650.10.850.860.560.610.580.62-0.13-0.620.84-0.460.280.860.62-0.57
0.720.770.810.650.610.280.25-0.190.640.550.00.850.670.50.60.530.49-0.09-0.40.79-0.470.240.770.68-0.81
0.930.750.860.90.490.50.460.170.720.750.150.860.670.650.690.570.73-0.28-0.740.78-0.540.440.940.5-0.41
0.660.340.520.650.40.070.13-0.160.620.740.00.560.50.650.170.660.930.06-0.370.6-0.140.120.610.57-0.07
0.550.650.630.50.20.460.270.290.250.390.050.610.60.690.170.110.17-0.25-0.710.43-0.760.250.660.12-0.65
0.540.290.510.50.90.09-0.08-0.390.510.90.240.580.530.570.660.110.760.38-0.420.88-0.03-0.060.640.94-0.03
0.720.380.570.710.520.060.15-0.210.690.80.120.620.490.730.930.170.760.07-0.430.68-0.070.140.720.66-0.02
-0.47-0.46-0.2-0.540.46-0.05-0.95-0.31-0.420.210.26-0.13-0.09-0.280.06-0.250.380.07-0.170.170.18-0.94-0.210.360.44
-0.47-0.47-0.63-0.39-0.45-0.630.07-0.3-0.18-0.64-0.19-0.62-0.4-0.74-0.37-0.71-0.42-0.43-0.17-0.630.560.08-0.64-0.330.14
0.730.610.80.650.90.40.09-0.20.610.860.250.840.790.780.60.430.880.680.17-0.63-0.320.10.820.89-0.37
-0.45-0.36-0.49-0.42-0.13-0.67-0.15-0.48-0.16-0.29-0.29-0.46-0.47-0.54-0.14-0.76-0.03-0.070.180.56-0.32-0.13-0.440.050.47
0.640.570.340.71-0.20.051.00.170.590.08-0.230.280.240.440.120.25-0.060.14-0.940.080.1-0.130.39-0.05-0.45
0.90.760.830.860.60.330.41-0.030.710.770.130.860.770.940.610.660.640.72-0.21-0.640.82-0.440.390.64-0.53
0.50.40.550.440.90.01-0.07-0.510.520.790.080.620.680.50.570.120.940.660.36-0.330.890.05-0.050.64-0.25
-0.51-0.73-0.58-0.47-0.17-0.15-0.460.02-0.39-0.120.27-0.57-0.81-0.41-0.07-0.65-0.03-0.020.440.14-0.370.47-0.45-0.53-0.25
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Ava Risk Account Relationship Matchups

Ava Risk fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets43.3M30.4M37.1M36.1M41.5M27.7M
Other Current Liab7.0M3.1M2.9M3.0M3.4M2.6M
Total Current Liabilities10.6M4.0M6.5M6.9M7.9M5.1M
Total Stockholder Equity32.0M25.9M29.3M27.9M32.1M22.0M
Other Liab354K379K319K634K729.1K765.6K
Accounts Payable3.4M786K1.5M1.6M1.8M2.1M
Cash17.3M15.2M5.5M5.1M5.8M7.9M
Other Assets1.04.4M96K75K86.3K81.9K
Net Receivables10.7M4.7M8.4M9.0M10.4M6.5M
Inventory3.1M3.3M7.5M6.6M7.6M8.0M
Other Current Assets495K400K670K738K848.7K717.1K
Total Liab11.2M4.5M7.8M8.1M9.3M5.6M
Intangible Assets10.8M6.0M13.6M6.7M7.8M5.0M
Common Stock59.1M50.8M53.8M57.9M66.6M48.9M
Property Plant Equipment1.3M805K740K1.4M1.6M1.0M
Short Long Term Debt Total430K284K2.8M3.0M3.5M3.6M
Property Plant And Equipment Net805K740K1.4M1.8M2.1M1.1M
Net Debt(16.9M)(14.9M)(2.7M)(2.1M)(1.9M)(1.9M)
Retained Earnings(24.1M)(22.6M)(23.6M)(29.3M)(26.3M)(27.6M)
Non Current Assets Total11.7M6.8M15.0M14.6M16.8M17.7M
Non Currrent Assets Other(5.0M)(2.1M)(9.5M)46K41.4K43.5K
Cash And Short Term Investments17.3M15.2M5.5M5.1M5.8M9.1M
Common Stock Shares Outstanding247.8M246.1M255.0M263.4M302.9M190.4M
Liabilities And Stockholders Equity43.3M30.4M37.1M36.1M41.5M30.8M
Non Current Liabilities Total599.0K472K1.3M1.2M1.4M1.5M
Other Stockholder Equity(35.0M)(28.2M)(30.2M)(1.0)(0.9)(0.94)
Total Current Assets31.6M23.6M22.0M21.4M24.6M21.1M
Accumulated Other Comprehensive Income(2.9M)(2.3M)(959K)(726K)(653.4K)(686.1K)
Short Term Debt210K131K2.2M2.3M2.6M2.8M
Net Tangible Assets17.8M25.6M20.0M21.2M19.0M15.9M
Current Deferred Revenue431K218K225K278K453.1K383.5K
Deferred Long Term Liab4.4M4.4M4.6M5.5M6.3M3.7M
Property Plant And Equipment Gross5.1M5.2M6.3M7.2M8.2M8.6M
Long Term Debt Total408K220K153K660K759K797.0K
Capital Lease Obligations430K284K289K866K995.9K1.0M
Net Invested Capital32.0M25.9M31.8M30.1M34.6M28.3M

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