AeroVironment Current Deferred Revenue vs Total Assets Analysis

AVAV Stock  USD 190.87  5.63  2.87%   
AeroVironment financial indicator trend analysis is way more than just evaluating AeroVironment prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AeroVironment is a good investment. Please check the relationship between AeroVironment Current Deferred Revenue and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AeroVironment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy AeroVironment Stock please use our How to Invest in AeroVironment guide.

Current Deferred Revenue vs Total Assets

Current Deferred Revenue vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AeroVironment Current Deferred Revenue account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between AeroVironment's Current Deferred Revenue and Total Assets is 0.41. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Assets in the same time period over historical financial statements of AeroVironment, assuming nothing else is changed. The correlation between historical values of AeroVironment's Current Deferred Revenue and Total 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 Current Deferred Revenue of AeroVironment are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Current Deferred Revenue i.e., AeroVironment's Current Deferred Revenue and Total Assets go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Total Assets

Total assets refers to the total amount of AeroVironment assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in AeroVironment books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from AeroVironment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AeroVironment 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 AeroVironment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy AeroVironment Stock please use our How to Invest in AeroVironment guide.At this time, AeroVironment's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.22 in 2024, whereas Discontinued Operations is likely to drop (320 K) in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit141.2M173.5M283.3M297.4M
Total Revenue445.7M540.5M716.7M752.6M

AeroVironment fundamental ratios Correlations

0.97-0.150.690.890.770.740.930.930.610.940.410.490.590.810.210.920.790.45-0.180.910.660.870.820.810.66
0.97-0.290.740.920.60.550.860.90.450.840.280.30.580.870.280.830.830.35-0.080.920.460.860.760.850.72
-0.15-0.29-0.11-0.230.260.25-0.05-0.12-0.06-0.070.350.23-0.22-0.26-0.04-0.11-0.350.120.01-0.190.31-0.05-0.23-0.41-0.02
0.690.74-0.110.540.480.340.480.520.380.50.02-0.010.730.490.480.450.420.320.390.530.320.540.380.370.9
0.890.92-0.230.540.490.450.840.950.30.790.430.370.220.970.030.80.80.1-0.350.960.330.960.750.950.53
0.770.60.260.480.490.950.780.680.830.880.60.760.520.390.040.850.420.6-0.270.570.970.580.670.410.44
0.740.550.250.340.450.950.740.640.860.870.520.820.480.34-0.010.860.370.59-0.320.520.980.540.670.40.28
0.930.86-0.050.480.840.780.740.940.540.940.630.550.430.780.140.910.780.46-0.360.930.680.830.760.80.53
0.930.9-0.120.520.950.680.640.940.470.90.570.530.280.920.010.890.780.24-0.420.970.540.940.820.90.51
0.610.45-0.060.380.30.830.860.540.470.770.280.770.530.2-0.150.770.210.42-0.310.340.860.370.630.320.16
0.940.84-0.070.50.790.880.870.940.90.770.560.730.480.71-0.010.990.670.45-0.420.840.810.820.830.770.44
0.410.280.350.020.430.60.520.630.570.280.560.56-0.150.38-0.180.510.360.31-0.570.510.530.580.350.380.14
0.490.30.23-0.010.370.760.820.550.530.770.730.560.030.3-0.570.760.130.18-0.740.390.810.480.580.42-0.15
0.590.58-0.220.730.220.520.480.430.280.530.48-0.150.030.130.630.430.410.710.510.320.490.170.350.140.72
0.810.87-0.260.490.970.390.340.780.920.20.710.380.30.13-0.010.720.79-0.04-0.370.920.220.90.750.950.47
0.210.28-0.040.480.030.04-0.010.140.01-0.15-0.01-0.18-0.570.63-0.01-0.090.370.550.810.110.0-0.05-0.04-0.130.68
0.920.83-0.110.450.80.850.860.910.890.770.990.510.760.430.72-0.090.660.37-0.480.820.790.810.860.80.37
0.790.83-0.350.420.80.420.370.780.780.210.670.360.130.410.790.370.660.42-0.090.840.30.690.770.790.58
0.450.350.120.320.10.60.590.460.240.420.450.310.180.71-0.040.550.370.420.310.280.630.140.290.00.53
-0.18-0.080.010.39-0.35-0.27-0.32-0.36-0.42-0.31-0.42-0.57-0.740.51-0.370.81-0.48-0.090.31-0.33-0.27-0.42-0.38-0.510.5
0.910.92-0.190.530.960.570.520.930.970.340.840.510.390.320.920.110.820.840.28-0.330.420.920.750.910.58
0.660.460.310.320.330.970.980.680.540.860.810.530.810.490.220.00.790.30.63-0.270.420.440.60.280.27
0.870.86-0.050.540.960.580.540.830.940.370.820.580.480.170.9-0.050.810.690.14-0.420.920.440.690.880.5
0.820.76-0.230.380.750.670.670.760.820.630.830.350.580.350.75-0.040.860.770.29-0.380.750.60.690.780.34
0.810.85-0.410.370.950.410.40.80.90.320.770.380.420.140.95-0.130.80.790.0-0.510.910.280.880.780.34
0.660.72-0.020.90.530.440.280.530.510.160.440.14-0.150.720.470.680.370.580.530.50.580.270.50.340.34
Click cells to compare fundamentals

AeroVironment Account Relationship Matchups

AeroVironment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets585.0M928.6M914.2M824.6M1.0B1.1B
Total Stockholder Equity509.9M612.1M608.0M551.0M822.7M863.9M
Other Assets5.1M12.5M9.1M32.4M1.00.95
Common Stock Shares Outstanding24.1M24.4M24.7M25.0M27.3M22.9M
Liabilities And Stockholders Equity585.0M928.6M914.2M824.6M1.0B1.1B
Other Stockholder Equity181.5M260.3M267.2M384.4M597.6M627.5M
Total Liab75.1M316.5M306.0M273.6M193.1M98.3M
Other Current Liab35.8M41.0M48.8M47.0M51.5M54.1M
Total Current Liabilities67.0M96.2M101.4M121.3M144.9M152.1M
Other Liab1.3M13.7M14.0M5.2M6.0M4.8M
Property Plant And Equipment Net30.5M81.8M89.1M67.2M76.6M80.5M
Current Deferred Revenue7.9M7.2M9.0M16.6M11.2M6.6M
Net Debt(244.9M)74.0M139.3M30.0M(13.6M)(14.3M)
Retained Earnings328.1M351.4M347.2M171.0M230.7M202.6M
Accounts Payable19.9M24.8M19.2M31.4M48.3M50.7M
Cash255.1M148.7M77.2M132.9M73.3M108.7M
Non Current Assets Total81.0M526.9M545.3M347.6M500.3M525.3M
Non Currrent Assets Other10.6M10.4M1.9M5.2M13.4M14.0M
Cash And Short Term Investments302.6M180.7M101.9M132.9M73.3M69.6M
Net Receivables149.5M134.3M164.8M193.3M269.8M283.3M
Non Current Liabilities Total8.1M220.3M204.6M152.3M48.2M37.6M
Inventory45.5M71.6M90.6M138.8M150.2M157.7M
Other Current Assets6.2M28.3M11.5M12.0M22.3M23.4M
Property Plant And Equipment Gross30.5M81.8M89.1M67.2M251.8M264.4M
Total Current Assets503.9M401.6M368.9M477.0M515.6M343.3M
Accumulated Other Comprehensive Income328K343K(6.5M)(4.5M)(5.6M)(5.9M)
Short Term Debt3.4M22.3M23.6M24.0M29.7M17.4M
Property Plant Equipment21.7M81.8M90.2M67.2M77.2M81.1M
Short Term Investments113.6M150.5M47.5M32.0M24.7M0.0
Net Tangible Assets496.8M191.6M163.4M347.8M313.0M274.8M
Noncontrolling Interest In Consolidated Entity23K4K14K241K277.2K291.0K
Good Will6.3M314.2M334.3M180.8M275.7M289.4M
Retained Earnings Total Equity328.1M351.4M347.2M171.0M196.7M248.5M
Capital Surpluse181.5M260.3M267.2M384.4M442.1M464.2M
Deferred Long Term Liab1.6M1.2M2.6M1.7M2.0M1.5M
Long Term Investments15.0M12.2M15.4M23.6M21.0M27.0M
Non Current Liabilities Other1.3M13.7M2.2M3.5M7.7M3.9M

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