Ava Net Interest Income vs Extraordinary Items 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 Net Interest Income and its Extraordinary Items 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.

Net Interest Income vs Extraordinary Items

Net Interest Income vs Extraordinary Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ava Risk Group Net Interest Income account and Extraordinary Items. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Ava Risk's Net Interest Income and Extraordinary Items is 0.1. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Extraordinary Items 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 Net Interest Income and Extraordinary Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Ava Risk Group are associated (or correlated) with its Extraordinary Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Extraordinary Items has no effect on the direction of Net Interest Income i.e., Ava Risk's Net Interest Income and Extraordinary Items go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Extraordinary Items

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 Revenue14.7M22.9M12.1M12.7M
Total Revenue18.6M28.6M30.1M22.9M

Ava Risk fundamental ratios Correlations

0.80.830.990.350.410.710.190.860.690.030.830.720.930.590.610.480.69-0.58-0.460.75-0.560.70.890.44-0.6
0.80.920.720.290.460.590.270.70.43-0.20.890.760.760.290.660.250.37-0.51-0.450.67-0.40.590.760.39-0.77
0.830.920.730.50.670.380.340.680.620.020.990.810.840.440.680.450.5-0.27-0.620.86-0.590.380.820.51-0.66
0.990.720.730.260.310.780.150.860.650.010.720.630.890.590.550.440.69-0.65-0.380.66-0.520.770.850.37-0.55
0.350.290.50.260.26-0.21-0.30.240.550.350.560.580.40.330.230.890.420.43-0.50.76-0.2-0.190.540.88-0.23
0.410.460.670.310.260.050.710.180.270.340.630.290.550.060.460.110.08-0.05-0.620.48-0.680.050.360.01-0.16
0.710.590.380.78-0.210.050.180.680.1-0.220.340.260.520.150.27-0.060.24-0.960.060.13-0.141.00.47-0.05-0.46
0.190.270.340.15-0.30.710.18-0.040.090.050.26-0.160.28-0.10.28-0.33-0.1-0.28-0.29-0.04-0.460.160.06-0.480.05
0.860.70.680.860.240.180.68-0.040.44-0.030.680.630.670.540.30.420.62-0.54-0.150.59-0.270.670.660.45-0.49
0.690.430.620.650.550.270.10.090.440.110.660.610.770.770.610.720.830.06-0.660.78-0.590.080.790.58-0.32
0.03-0.20.020.010.350.34-0.220.05-0.030.110.04-0.040.09-0.080.060.180.010.24-0.180.19-0.34-0.230.070.00.25
0.830.890.990.720.560.630.340.260.680.660.040.850.840.480.670.520.54-0.22-0.620.9-0.580.330.830.58-0.67
0.720.760.810.630.580.290.26-0.160.630.61-0.040.850.660.470.620.550.48-0.13-0.380.89-0.530.260.770.71-0.86
0.930.760.840.890.40.550.520.280.670.770.090.840.660.570.760.490.68-0.39-0.750.8-0.680.510.930.41-0.51
0.590.290.440.590.330.060.15-0.10.540.77-0.080.480.470.570.190.620.95-0.01-0.380.58-0.230.150.540.51-0.13
0.610.660.680.550.230.460.270.280.30.610.060.670.620.760.190.170.25-0.25-0.680.63-0.760.250.740.18-0.65
0.480.250.450.440.890.11-0.06-0.330.420.720.180.520.550.490.620.170.690.32-0.490.72-0.18-0.040.590.91-0.14
0.690.370.50.690.420.080.24-0.10.620.830.010.540.480.680.950.250.69-0.06-0.460.64-0.240.230.670.57-0.14
-0.58-0.51-0.27-0.650.43-0.05-0.96-0.28-0.540.060.24-0.22-0.13-0.39-0.01-0.250.32-0.06-0.180.030.14-0.95-0.310.30.42
-0.46-0.45-0.62-0.38-0.5-0.620.06-0.29-0.15-0.66-0.18-0.62-0.38-0.75-0.38-0.68-0.49-0.46-0.18-0.650.560.06-0.65-0.370.14
0.750.670.860.660.760.480.13-0.040.590.780.190.90.890.80.580.630.720.640.03-0.65-0.60.120.850.75-0.61
-0.56-0.4-0.59-0.52-0.2-0.68-0.14-0.46-0.27-0.59-0.34-0.58-0.53-0.68-0.23-0.76-0.18-0.240.140.56-0.6-0.12-0.56-0.070.45
0.70.590.380.77-0.190.051.00.160.670.08-0.230.330.260.510.150.25-0.040.23-0.950.060.12-0.120.45-0.03-0.45
0.890.760.820.850.540.360.470.060.660.790.070.830.770.930.540.740.590.67-0.31-0.650.85-0.560.450.6-0.64
0.440.390.510.370.880.01-0.05-0.480.450.580.00.580.710.410.510.180.910.570.3-0.370.75-0.07-0.030.6-0.39
-0.6-0.77-0.66-0.55-0.23-0.16-0.460.05-0.49-0.320.25-0.67-0.86-0.51-0.13-0.65-0.14-0.140.420.14-0.610.45-0.45-0.64-0.39
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Ava Risk Account Relationship Matchups

Ava Risk fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets33.7M43.3M30.4M37.1M36.1M27.7M
Other Current Liab4.4M7.0M3.1M2.9M3.0M2.6M
Total Current Liabilities7.5M10.6M4.0M6.5M6.9M5.1M
Total Stockholder Equity25.4M32.0M25.9M29.3M27.9M22.0M
Other Liab354K379K319K634K729.1K765.6K
Accounts Payable2.3M3.4M786K1.5M1.6M2.1M
Cash7.7M17.3M15.2M5.5M5.1M7.9M
Other Assets1.04.4M96K75K86.3K81.9K
Net Receivables8.1M10.7M4.7M8.4M9.0M6.5M
Inventory3.9M3.1M3.3M7.5M6.6M3.7M
Other Current Assets568K495K400K670K738K717.1K
Total Liab8.3M11.2M4.5M7.8M8.1M5.6M
Intangible Assets12.0M10.8M6.0M13.6M6.7M5.0M
Common Stock58.3M59.1M50.8M53.8M57.9M48.9M
Property Plant Equipment1.3M805K740K1.4M1.6M1.0M
Property Plant And Equipment Net1.3M805K740K1.4M1.8M1.1M
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 Total13.4M11.7M6.8M15.0M14.6M8.3M
Non Currrent Assets Other(5.4M)(5.0M)(2.1M)(9.5M)46K48.3K
Cash And Short Term Investments7.7M17.3M15.2M5.5M5.1M9.1M
Common Stock Shares Outstanding243.0M247.8M246.1M255.0M263.4M190.4M
Liabilities And Stockholders Equity33.7M43.3M30.4M37.1M36.1M30.8M
Non Current Liabilities Total762K599.0K472K1.3M1.2M1.3M
Other Stockholder Equity(27.7M)(35.0M)(28.2M)(30.2M)(1.0)(1.05)
Total Current Assets20.3M31.6M23.6M22.0M21.4M21.1M
Accumulated Other Comprehensive Income(2.3M)(2.9M)(2.3M)(959K)(726K)(762.3K)
Short Term Debt305K210K131K2.2M2.3M2.4M
Net Tangible Assets17.8M25.6M20.0M21.2M19.0M15.9M
Current Deferred Revenue452K431K218K225K278K383.5K
Deferred Long Term Liab4.4M4.4M4.6M5.5M6.3M3.7M
Property Plant And Equipment Gross1.3M5.1M5.2M6.3M7.2M7.5M
Long Term Debt Total408K220K153K660K759K797.0K
Net Invested Capital25.4M32.0M25.9M31.8M30.1M28.3M

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