Avadel Other Non Cash Items vs Depreciation Analysis

AVDL Stock  USD 10.54  0.07  0.66%   
Avadel Pharmaceuticals financial indicator trend analysis is way more than just evaluating Avadel Pharmaceuticals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avadel Pharmaceuticals is a good investment. Please check the relationship between Avadel Pharmaceuticals Other Non Cash Items and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avadel Pharmaceuticals PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Other Non Cash Items vs Depreciation

Other Non Cash Items vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avadel Pharmaceuticals Other Non Cash Items account and Depreciation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Avadel Pharmaceuticals' Other Non Cash Items and Depreciation is 0.51. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Depreciation in the same time period over historical financial statements of Avadel Pharmaceuticals PLC, assuming nothing else is changed. The correlation between historical values of Avadel Pharmaceuticals' Other Non Cash Items and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Avadel Pharmaceuticals PLC are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Other Non Cash Items i.e., Avadel Pharmaceuticals' Other Non Cash Items and Depreciation go up and down completely randomly.

Correlation Coefficient

0.51
Relationship DirectionPositive 
Relationship StrengthWeak

Other Non Cash Items

Depreciation

Depreciation indicates how much of Avadel Pharmaceuticals value has been used up. For tax purposes Avadel Pharmaceuticals can deduct the cost of the tangible assets it purchases as business expenses. However, Avadel Pharmaceuticals PLC must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Avadel Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Avadel Pharmaceuticals 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 Avadel Pharmaceuticals PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
At this time, Avadel Pharmaceuticals' Selling General Administrative is quite stable compared to the past year. Issuance Of Capital Stock is expected to rise to about 153.4 M this year, although the value of Discontinued Operations will most likely fall to about 4.2 M.
 2021 2022 2023 2024 (projected)
Interest Expense9.9M12.3M9.9M10.4M
Depreciation And Amortization815K1.5M1.8M1.7M

Avadel Pharmaceuticals fundamental ratios Correlations

0.270.550.380.65-0.440.04-0.250.270.550.380.210.890.080.410.720.020.420.370.75-0.40.92-0.170.06-0.26-0.27
0.27-0.4-0.06-0.13-0.160.9-0.32-0.10.32-0.02-0.010.3-0.30.210.6-0.250.240.230.47-0.120.30.44-0.45-0.2-0.21
0.55-0.40.760.26-0.25-0.410.010.340.010.6-0.050.320.520.10.220.360.080.060.49-0.350.34-0.20.59-0.16-0.16
0.38-0.060.76-0.11-0.33-0.14-0.140.550.170.52-0.390.20.430.140.240.38-0.050.10.6-0.440.20.410.50.070.07
0.65-0.130.26-0.11-0.29-0.33-0.150.120.440.010.330.67-0.20.380.040.060.320.36-0.01-0.130.7-0.40.05-0.13-0.12
-0.44-0.16-0.25-0.33-0.290.120.39-0.47-0.620.230.11-0.620.4-0.46-0.24-0.19-0.29-0.46-0.330.82-0.57-0.060.390.320.31
0.040.9-0.41-0.14-0.330.12-0.14-0.3-0.120.130.16-0.04-0.08-0.020.48-0.190.10.030.340.13-0.010.33-0.28-0.19-0.21
-0.25-0.320.01-0.14-0.150.39-0.14-0.54-0.390.220.21-0.370.03-0.96-0.17-0.55-0.21-0.97-0.2-0.05-0.36-0.120.440.460.42
0.27-0.10.340.550.12-0.47-0.3-0.540.43-0.04-0.240.320.120.560.030.490.330.50.25-0.310.30.2-0.020.120.15
0.550.320.010.170.44-0.62-0.12-0.390.43-0.33-0.390.78-0.50.50.34-0.20.330.450.35-0.580.730.3-0.39-0.02-0.02
0.38-0.020.60.520.010.230.130.22-0.04-0.330.21-0.060.62-0.180.350.120.02-0.210.50.070.0-0.070.760.01-0.01
0.21-0.01-0.05-0.390.330.110.160.21-0.24-0.390.210.070.12-0.140.170.040.28-0.11-0.010.260.14-0.670.01-0.1-0.1
0.890.30.320.20.67-0.62-0.04-0.370.320.78-0.060.07-0.240.510.62-0.060.430.480.59-0.520.99-0.12-0.29-0.27-0.28
0.08-0.30.520.43-0.20.4-0.080.030.12-0.50.620.12-0.24-0.090.130.48-0.31-0.080.280.4-0.17-0.130.490.070.08
0.410.210.10.140.38-0.46-0.02-0.960.560.5-0.18-0.140.51-0.090.180.530.330.990.2-0.040.510.0-0.36-0.44-0.4
0.720.60.220.240.04-0.240.48-0.170.030.340.350.170.620.130.18-0.220.370.160.92-0.290.64-0.05-0.2-0.31-0.34
0.02-0.250.360.380.06-0.19-0.19-0.550.49-0.20.120.04-0.060.480.53-0.22-0.20.56-0.030.17-0.03-0.040.09-0.020.03
0.420.240.08-0.050.32-0.290.1-0.210.330.330.020.280.43-0.310.330.37-0.20.260.28-0.330.45-0.21-0.12-0.26-0.26
0.370.230.060.10.36-0.460.03-0.970.50.45-0.21-0.110.48-0.080.990.160.560.260.170.00.48-0.01-0.41-0.48-0.44
0.750.470.490.6-0.01-0.330.34-0.20.250.350.5-0.010.590.280.20.92-0.030.280.17-0.420.610.120.03-0.23-0.25
-0.4-0.12-0.35-0.44-0.130.820.13-0.05-0.31-0.580.070.26-0.520.4-0.04-0.290.17-0.330.0-0.42-0.46-0.210.140.070.09
0.920.30.340.20.7-0.57-0.01-0.360.30.730.00.140.99-0.170.510.64-0.030.450.480.61-0.46-0.16-0.25-0.28-0.28
-0.170.44-0.20.41-0.4-0.060.33-0.120.20.3-0.07-0.67-0.12-0.130.0-0.05-0.04-0.21-0.010.12-0.21-0.160.010.360.36
0.06-0.450.590.50.050.39-0.280.44-0.02-0.390.760.01-0.290.49-0.36-0.20.09-0.12-0.410.030.14-0.250.010.260.24
-0.26-0.2-0.160.07-0.130.32-0.190.460.12-0.020.01-0.1-0.270.07-0.44-0.31-0.02-0.26-0.48-0.230.07-0.280.360.261.0
-0.27-0.21-0.160.07-0.120.31-0.210.420.15-0.02-0.01-0.1-0.280.08-0.4-0.340.03-0.26-0.44-0.250.09-0.280.360.241.0
Click cells to compare fundamentals

Avadel Pharmaceuticals Account Relationship Matchups

Avadel Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets151.4M311.6M247.3M132.8M164.7M134.2M
Short Long Term Debt Total124.7M130.5M145.0M131.0M35.4M38.3M
Other Current Liab3.9M11.2M11.5M8.3M23.6M15.7M
Total Current Liabilities36.0M15.1M21M55.8M36.9M29.7M
Total Stockholder Equity(29.2M)162.3M78.2M(21.1M)87.7M47.1M
Property Plant And Equipment Net4.2M3.0M2.9M2.6M3.2M3.0M
Net Debt114.9M58.8M94.3M57.0M4.2M4.0M
Retained Earnings(391.2M)(384.2M)(447.8M)(585.2M)(745.5M)(708.2M)
Accounts Payable6.1M2.9M7.7M7.9M11.4M6.3M
Cash9.8M71.7M50.7M74.0M31.2M28.3M
Non Current Assets Total69.1M48.2M54.8M31.9M30.5M43.1M
Non Currrent Assets Other39.3M24.9M33.8M(60.0M)10.5M7.4M
Cash And Short Term Investments64.2M221.4M157.2M96.5M105.1M72.6M
Net Receivables10.4M3.3M2.4M2.2M13.4M9.7M
Common Stock Shares Outstanding37.4M54.9M58.5M60.1M80.2M84.2M
Liabilities And Stockholders Equity151.4M311.6M247.3M132.8M164.7M134.2M
Non Current Liabilities Total144.7M134.3M148.0M98.1M40.1M57.4M
Inventory6.2M4.8M3.6M0.010.4M10.9M
Other Current Assets4.3M3.3M35.3M4.3M5.3M4.4M
Other Stockholder Equity384.4M566.9M549.3M589.8M855.5M898.2M
Total Liab180.6M149.4M169.0M153.9M77.0M87.1M
Property Plant And Equipment Gross10.6M8.2M2.9M2.6M14.0M12.4M
Total Current Assets82.4M263.5M192.5M100.8M134.2M91.1M
Accumulated Other Comprehensive Income(22.8M)(21.1M)(23.9M)(26.3M)(23.2M)(22.0M)
Short Term Debt645K948K1.8M39.6M1.9M1.8M
Common Stock Total Equity427K429K583K586K527.4K501.0K
Common Stock429K583K586K628K898K853.1K
Other Liab20.6M4.2M3.9M5.7M6.6M6.3M
Current Deferred Revenue114K25.4M6.5M7.2M8.2M4.2M
Other Assets39.2M28.4M35.0M12.6M14.4M10.2M
Long Term Debt121.7M128.2M142.4M91.6M105.4M110.6M
Property Plant Equipment544K359K285K2.6M2.3M2.2M
Short Term Investments54.4M149.7M106.5M22.5M73.9M64.8M
Net Tangible Assets(48.5M)145.4M61.4M(38.0M)(43.7M)(41.5M)
Retained Earnings Total Equity(358.0M)(391.2M)(384.2M)(447.8M)(403.0M)(423.1M)
Long Term Debt Total115.7M121.7M128.2M142.4M163.8M171.9M
Capital Surpluse433.8M434.4M566.9M549.3M631.8M491.4M

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When determining whether Avadel Pharmaceuticals is a strong investment it is important to analyze Avadel Pharmaceuticals' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Avadel Pharmaceuticals' future performance. For an informed investment choice regarding Avadel Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avadel Pharmaceuticals PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Avadel Pharmaceuticals. If investors know Avadel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Avadel Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.09)
Revenue Per Share
1.036
Quarterly Revenue Growth
26.743
Return On Assets
(0.34)
Return On Equity
(1.00)
The market value of Avadel Pharmaceuticals is measured differently than its book value, which is the value of Avadel that is recorded on the company's balance sheet. Investors also form their own opinion of Avadel Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Avadel Pharmaceuticals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Avadel Pharmaceuticals' market value can be influenced by many factors that don't directly affect Avadel Pharmaceuticals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Avadel Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Avadel Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avadel Pharmaceuticals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.