AVALON Property Plant And Equipment Net vs Other Current Assets Analysis

AVALON Stock   964.90  26.85  2.86%   
AVALON TECHNOLOGIES financial indicator trend analysis is way more than just evaluating AVALON TECHNOLOGIES LTD prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AVALON TECHNOLOGIES LTD is a good investment. Please check the relationship between AVALON TECHNOLOGIES Property Plant And Equipment Net and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AVALON TECHNOLOGIES LTD. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Property Plant And Equipment Net vs Other Current Assets

Property Plant And Equipment Net vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AVALON TECHNOLOGIES LTD Property Plant And Equipment Net account and Other Current Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between AVALON TECHNOLOGIES's Property Plant And Equipment Net and Other Current Assets is -0.78. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of AVALON TECHNOLOGIES LTD, assuming nothing else is changed. The correlation between historical values of AVALON TECHNOLOGIES's Property Plant And Equipment Net and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of AVALON TECHNOLOGIES LTD are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Property Plant And Equipment Net i.e., AVALON TECHNOLOGIES's Property Plant And Equipment Net and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.78
Relationship DirectionNegative 
Relationship StrengthWeak

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from AVALON TECHNOLOGIES's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AVALON TECHNOLOGIES LTD 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 AVALON TECHNOLOGIES LTD. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
The current year's Selling General Administrative is expected to grow to about 176 M
 2021 2022 2023 2024 (projected)
Interest Expense152.1M347.9M101.4M175.3M
Depreciation And Amortization180.0M196.6M229.0M202.0M

AVALON TECHNOLOGIES fundamental ratios Correlations

0.070.840.380.970.910.75-0.930.92-0.430.90.830.960.960.850.780.90.790.98-0.750.680.651.0-0.160.970.9
0.070.460.88-0.14-0.30.25-0.06-0.10.60.32-0.470.060.190.18-0.46-0.330.14-0.010.45-0.630.630.130.95-0.07-0.33
0.840.460.770.710.550.58-0.90.60.060.980.430.890.940.630.340.620.560.76-0.590.280.90.870.330.790.62
0.380.880.770.19-0.030.3-0.470.110.580.67-0.170.450.550.25-0.26-0.010.170.290.0-0.380.790.440.840.29-0.01
0.97-0.140.710.190.970.65-0.90.94-0.520.810.930.930.90.770.850.920.720.96-0.810.760.440.95-0.370.990.92
0.91-0.30.55-0.030.970.69-0.780.97-0.720.660.980.840.780.790.960.950.760.94-0.780.870.310.88-0.540.920.95
0.750.250.580.30.650.69-0.490.84-0.560.560.530.620.590.90.680.630.880.82-0.270.50.630.760.010.590.63
-0.93-0.06-0.9-0.47-0.9-0.78-0.49-0.740.18-0.96-0.74-0.98-0.99-0.62-0.6-0.83-0.55-0.860.85-0.57-0.65-0.930.08-0.96-0.83
0.92-0.10.60.110.940.970.84-0.74-0.680.680.90.830.770.870.910.880.840.97-0.630.760.420.9-0.370.880.88
-0.430.60.060.58-0.52-0.72-0.560.18-0.68-0.04-0.72-0.27-0.18-0.61-0.89-0.69-0.66-0.530.41-0.860.08-0.390.78-0.41-0.69
0.90.320.980.670.810.660.56-0.960.68-0.040.570.940.980.660.460.720.590.82-0.70.40.810.920.180.880.72
0.83-0.470.43-0.170.930.980.53-0.740.9-0.720.570.780.70.660.950.920.640.86-0.820.90.140.79-0.670.880.92
0.960.060.890.450.930.840.62-0.980.83-0.270.940.780.980.680.670.850.610.94-0.830.620.650.96-0.10.960.85
0.960.190.940.550.90.780.59-0.990.77-0.180.980.70.980.710.590.810.640.89-0.770.520.720.960.010.950.81
0.850.180.630.250.770.790.9-0.620.87-0.610.660.660.680.710.770.760.990.83-0.40.60.620.85-0.110.750.77
0.78-0.460.34-0.260.850.960.68-0.60.91-0.890.460.950.670.590.770.920.780.84-0.70.940.180.74-0.680.780.92
0.9-0.330.62-0.010.920.950.63-0.830.88-0.690.720.920.850.810.760.920.750.9-0.880.920.440.88-0.510.911.0
0.790.140.560.170.720.760.88-0.550.84-0.660.590.640.610.640.990.780.750.79-0.370.620.590.79-0.150.690.75
0.98-0.010.760.290.960.940.82-0.860.97-0.530.820.860.940.890.830.840.90.79-0.730.730.570.97-0.240.930.9
-0.750.45-0.590.0-0.81-0.78-0.270.85-0.630.41-0.7-0.82-0.83-0.77-0.4-0.7-0.88-0.37-0.73-0.81-0.31-0.730.5-0.84-0.88
0.68-0.630.28-0.380.760.870.5-0.570.76-0.860.40.90.620.520.60.940.920.620.73-0.810.130.64-0.770.710.92
0.650.630.90.790.440.310.63-0.650.420.080.810.140.650.720.620.180.440.590.57-0.310.130.70.530.520.44
1.00.130.870.440.950.880.76-0.930.9-0.390.920.790.960.960.850.740.880.790.97-0.730.640.7-0.090.960.87
-0.160.950.330.84-0.37-0.540.010.08-0.370.780.18-0.67-0.10.01-0.11-0.68-0.51-0.15-0.240.5-0.770.53-0.09-0.28-0.51
0.97-0.070.790.290.990.920.59-0.960.88-0.410.880.880.960.950.750.780.910.690.93-0.840.710.520.96-0.280.91
0.9-0.330.62-0.010.920.950.63-0.830.88-0.690.720.920.850.810.770.921.00.750.9-0.880.920.440.87-0.510.91
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AVALON TECHNOLOGIES Account Relationship Matchups

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Other Information on Investing in AVALON Stock

Balance Sheet is a snapshot of the financial position of AVALON TECHNOLOGIES LTD at a specified time, usually calculated after every quarter, six months, or one year. AVALON TECHNOLOGIES Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of AVALON TECHNOLOGIES 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 AVALON currently owns. An asset can also be divided into two categories, current and non-current.