Ava Ebit vs Net Income From Continuing Ops Analysis

AVA Stock

0.14 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 Ebit and its Net Income From Continuing Ops 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.

Ebit vs Net Income From Continuing Ops

Ebit vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ava Risk Group Ebit account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Ava Risk's Ebit and Net Income From Continuing Ops is 0.96. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Net Income From Continuing Ops 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 Ebit and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Ava Risk Group are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Ebit i.e., Ava Risk's Ebit and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Ebit

Net Income From Continuing Ops

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 2024, whereas Selling General Administrative is likely to drop slightly above 8.9 M in 2024.

	2021	2022	2023	2024 (projected)
Cost Of Revenue	14.7M	22.9M	12.1M	12.7M
Total Revenue	18.6M	28.6M	30.1M	22.9M

Cost Of Revenue Total Revenue

Ava Risk fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Short Long Term Debt Total	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity
Total Assets		0.8	0.83	0.99	0.35	0.41	0.71	0.19	0.86	0.69	0.03	0.83	0.72	0.93	0.59	0.61	0.48	0.69	-0.58	-0.46	0.75	-0.56	0.7	0.89	0.44	-0.6
Other Current Liab	0.8		0.92	0.72	0.29	0.46	0.59	0.27	0.7	0.43	-0.2	0.89	0.76	0.76	0.29	0.66	0.25	0.37	-0.51	-0.45	0.67	-0.4	0.59	0.76	0.39	-0.77
Total Current Liabilities	0.83	0.92		0.73	0.5	0.67	0.38	0.34	0.68	0.62	0.02	0.99	0.81	0.84	0.44	0.68	0.45	0.5	-0.27	-0.62	0.86	-0.59	0.38	0.82	0.51	-0.66
Total Stockholder Equity	0.99	0.72	0.73		0.26	0.31	0.78	0.15	0.86	0.65	0.01	0.72	0.63	0.89	0.59	0.55	0.44	0.69	-0.65	-0.38	0.66	-0.52	0.77	0.85	0.37	-0.55
Other Liab	0.35	0.29	0.5	0.26		0.26	-0.21	-0.3	0.24	0.55	0.35	0.56	0.58	0.4	0.33	0.23	0.89	0.42	0.43	-0.5	0.76	-0.2	-0.19	0.54	0.88	-0.23
Accounts Payable	0.41	0.46	0.67	0.31	0.26		0.05	0.71	0.18	0.27	0.34	0.63	0.29	0.55	0.06	0.46	0.11	0.08	-0.05	-0.62	0.48	-0.68	0.05	0.36	0.01	-0.16
Cash	0.71	0.59	0.38	0.78	-0.21	0.05		0.18	0.68	0.1	-0.22	0.34	0.26	0.52	0.15	0.27	-0.06	0.24	-0.96	0.06	0.13	-0.14	1.0	0.47	-0.05	-0.46
Other Assets	0.19	0.27	0.34	0.15	-0.3	0.71	0.18		-0.04	0.09	0.05	0.26	-0.16	0.28	-0.1	0.28	-0.33	-0.1	-0.28	-0.29	-0.04	-0.46	0.16	0.06	-0.48	0.05
Net Receivables	0.86	0.7	0.68	0.86	0.24	0.18	0.68	-0.04		0.44	-0.03	0.68	0.63	0.67	0.54	0.3	0.42	0.62	-0.54	-0.15	0.59	-0.27	0.67	0.66	0.45	-0.49
Inventory	0.69	0.43	0.62	0.65	0.55	0.27	0.1	0.09	0.44		0.11	0.66	0.61	0.77	0.77	0.61	0.72	0.83	0.06	-0.66	0.78	-0.59	0.08	0.79	0.58	-0.32
Other Current Assets	0.03	-0.2	0.02	0.01	0.35	0.34	-0.22	0.05	-0.03	0.11		0.04	-0.04	0.09	-0.08	0.06	0.18	0.01	0.24	-0.18	0.19	-0.34	-0.23	0.07	0.0	0.25
Total Liab	0.83	0.89	0.99	0.72	0.56	0.63	0.34	0.26	0.68	0.66	0.04		0.85	0.84	0.48	0.67	0.52	0.54	-0.22	-0.62	0.9	-0.58	0.33	0.83	0.58	-0.67
Intangible Assets	0.72	0.76	0.81	0.63	0.58	0.29	0.26	-0.16	0.63	0.61	-0.04	0.85		0.66	0.47	0.62	0.55	0.48	-0.13	-0.38	0.89	-0.53	0.26	0.77	0.71	-0.86
Common Stock	0.93	0.76	0.84	0.89	0.4	0.55	0.52	0.28	0.67	0.77	0.09	0.84	0.66		0.57	0.76	0.49	0.68	-0.39	-0.75	0.8	-0.68	0.51	0.93	0.41	-0.51
Property Plant Equipment	0.59	0.29	0.44	0.59	0.33	0.06	0.15	-0.1	0.54	0.77	-0.08	0.48	0.47	0.57		0.19	0.62	0.95	-0.01	-0.38	0.58	-0.23	0.15	0.54	0.51	-0.13
Long Term Debt	0.61	0.66	0.68	0.55	0.23	0.46	0.27	0.28	0.3	0.61	0.06	0.67	0.62	0.76	0.19		0.17	0.25	-0.25	-0.68	0.63	-0.76	0.25	0.74	0.18	-0.65
Short Long Term Debt Total	0.48	0.25	0.45	0.44	0.89	0.11	-0.06	-0.33	0.42	0.72	0.18	0.52	0.55	0.49	0.62	0.17		0.69	0.32	-0.49	0.72	-0.18	-0.04	0.59	0.91	-0.14
Property Plant And Equipment Net	0.69	0.37	0.5	0.69	0.42	0.08	0.24	-0.1	0.62	0.83	0.01	0.54	0.48	0.68	0.95	0.25	0.69		-0.06	-0.46	0.64	-0.24	0.23	0.67	0.57	-0.14
Net Debt	-0.58	-0.51	-0.27	-0.65	0.43	-0.05	-0.96	-0.28	-0.54	0.06	0.24	-0.22	-0.13	-0.39	-0.01	-0.25	0.32	-0.06		-0.18	0.03	0.14	-0.95	-0.31	0.3	0.42
Retained Earnings	-0.46	-0.45	-0.62	-0.38	-0.5	-0.62	0.06	-0.29	-0.15	-0.66	-0.18	-0.62	-0.38	-0.75	-0.38	-0.68	-0.49	-0.46	-0.18		-0.65	0.56	0.06	-0.65	-0.37	0.14
Non Current Assets Total	0.75	0.67	0.86	0.66	0.76	0.48	0.13	-0.04	0.59	0.78	0.19	0.9	0.89	0.8	0.58	0.63	0.72	0.64	0.03	-0.65		-0.6	0.12	0.85	0.75	-0.61
Non Currrent Assets Other	-0.56	-0.4	-0.59	-0.52	-0.2	-0.68	-0.14	-0.46	-0.27	-0.59	-0.34	-0.58	-0.53	-0.68	-0.23	-0.76	-0.18	-0.24	0.14	0.56	-0.6		-0.12	-0.56	-0.07	0.45
Cash And Short Term Investments	0.7	0.59	0.38	0.77	-0.19	0.05	1.0	0.16	0.67	0.08	-0.23	0.33	0.26	0.51	0.15	0.25	-0.04	0.23	-0.95	0.06	0.12	-0.12		0.45	-0.03	-0.45
Common Stock Shares Outstanding	0.89	0.76	0.82	0.85	0.54	0.36	0.47	0.06	0.66	0.79	0.07	0.83	0.77	0.93	0.54	0.74	0.59	0.67	-0.31	-0.65	0.85	-0.56	0.45		0.6	-0.64
Non Current Liabilities Total	0.44	0.39	0.51	0.37	0.88	0.01	-0.05	-0.48	0.45	0.58	0.0	0.58	0.71	0.41	0.51	0.18	0.91	0.57	0.3	-0.37	0.75	-0.07	-0.03	0.6		-0.39
Other Stockholder Equity	-0.6	-0.77	-0.66	-0.55	-0.23	-0.16	-0.46	0.05	-0.49	-0.32	0.25	-0.67	-0.86	-0.51	-0.13	-0.65	-0.14	-0.14	0.42	0.14	-0.61	0.45	-0.45	-0.64	-0.39

Click cells to compare fundamentals

Ava Risk Account Relationship Matchups

Ava Risk fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	33.7M	43.3M	30.4M	37.1M	36.1M	27.7M
Other Current Liab	4.4M	7.0M	3.1M	2.9M	3.0M	2.6M
Total Current Liabilities	7.5M	10.6M	4.0M	6.5M	6.9M	5.1M
Total Stockholder Equity	25.4M	32.0M	25.9M	29.3M	27.9M	22.0M
Other Liab	354K	379K	319K	634K	729.1K	765.6K
Accounts Payable	2.3M	3.4M	786K	1.5M	1.6M	2.1M
Cash	7.7M	17.3M	15.2M	5.5M	5.1M	7.9M
Other Assets	1.0	4.4M	96K	75K	86.3K	81.9K
Net Receivables	8.1M	10.7M	4.7M	8.4M	9.0M	6.5M
Inventory	3.9M	3.1M	3.3M	7.5M	6.6M	3.7M
Other Current Assets	568K	495K	400K	670K	738K	717.1K
Total Liab	8.3M	11.2M	4.5M	7.8M	8.1M	5.6M
Intangible Assets	12.0M	10.8M	6.0M	13.6M	6.7M	5.0M
Common Stock	58.3M	59.1M	50.8M	53.8M	57.9M	48.9M
Property Plant Equipment	1.3M	805K	740K	1.4M	1.6M	1.0M
Property Plant And Equipment Net	1.3M	805K	740K	1.4M	1.8M	1.1M
Net Debt	(7.0M)	(16.9M)	(14.9M)	(2.7M)	(2.1M)	(2.2M)
Retained Earnings	(30.6M)	(24.1M)	(22.6M)	(23.6M)	(29.3M)	(30.7M)
Non Current Assets Total	13.4M	11.7M	6.8M	15.0M	14.6M	8.3M
Non Currrent Assets Other	(5.4M)	(5.0M)	(2.1M)	(9.5M)	46K	48.3K
Cash And Short Term Investments	7.7M	17.3M	15.2M	5.5M	5.1M	9.1M
Common Stock Shares Outstanding	243.0M	247.8M	246.1M	255.0M	263.4M	190.4M
Liabilities And Stockholders Equity	33.7M	43.3M	30.4M	37.1M	36.1M	30.8M
Non Current Liabilities Total	762K	599.0K	472K	1.3M	1.2M	1.3M
Other Stockholder Equity	(27.7M)	(35.0M)	(28.2M)	(30.2M)	(1.0)	(1.05)
Total Current Assets	20.3M	31.6M	23.6M	22.0M	21.4M	21.1M
Accumulated Other Comprehensive Income	(2.3M)	(2.9M)	(2.3M)	(959K)	(726K)	(762.3K)
Short Term Debt	305K	210K	131K	2.2M	2.3M	2.4M
Net Tangible Assets	17.8M	25.6M	20.0M	21.2M	19.0M	15.9M
Current Deferred Revenue	452K	431K	218K	225K	278K	383.5K
Deferred Long Term Liab	4.4M	4.4M	4.6M	5.5M	6.3M	3.7M
Property Plant And Equipment Gross	1.3M	5.1M	5.2M	6.3M	7.2M	7.5M
Long Term Debt Total	408K	220K	153K	660K	759K	797.0K
Net Invested Capital	25.4M	32.0M	25.9M	31.8M	30.1M	28.3M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Ava Stock Analysis

When running Ava Risk's price analysis, check to measure Ava Risk's 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 Ava Risk is operating at the current time. Most of Ava Risk's value examination focuses on studying past and present price action to predict the probability of Ava Risk's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ava Risk's price. Additionally, you may evaluate how the addition of Ava Risk to your portfolios can decrease your overall portfolio volatility.

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