Ava Net Receivables vs Short Long Term Debt Total 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 Receivables and its Short Long Term Debt 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.
Net Receivables vs Short Long Term Debt Total
Net Receivables vs Short Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ava Risk Group Net Receivables account and Short Long Term Debt Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ava Risk's Net Receivables and Short Long Term Debt Total is 0.42. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Short Long Term Debt 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 Net Receivables and Short Long Term Debt 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 Net Receivables of Ava Risk Group are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Net Receivables i.e., Ava Risk's Net Receivables and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.42 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Receivables
Short Long Term Debt 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 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 |
Ava Risk fundamental ratios Correlations
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Ava Risk Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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