Avanti Depreciation vs Change In Cash Analysis

AVN Stock

CAD 0.10 0.01 9.09%

Avanti Energy financial indicator trend analysis is way more than just evaluating Avanti Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avanti Energy is a good investment. Please check the relationship between Avanti Energy Depreciation and its Change In Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avanti Energy. 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.

Depreciation vs Change In Cash

Depreciation vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avanti Energy Depreciation account and Change In Cash. At this time, the significance of the direction appears to have no relationship.

The correlation between Avanti Energy's Depreciation and Change In Cash is 0.07. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change In Cash in the same time period over historical financial statements of Avanti Energy, assuming nothing else is changed. The correlation between historical values of Avanti Energy's Depreciation and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Avanti Energy are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Depreciation i.e., Avanti Energy's Depreciation and Change In Cash go up and down completely randomly.

Correlation Coefficient

0.07

Relationship Direction	Positive
Relationship Strength	Insignificant

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Depreciation

Depreciation indicates how much of Avanti Energy value has been used up. For tax purposes Avanti Energy can deduct the cost of the tangible assets it purchases as business expenses. However, Avanti Energy 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.

Change In Cash

Most indicators from Avanti Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Avanti Energy 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 Avanti Energy. 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.

At this time, Avanti Energy's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 25.84 in 2025, whereas Enterprise Value Over EBITDA is likely to drop (8.26) in 2025.

Avanti Energy fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Property Plant And Equipment Net	Other Current Liab	Other Liab	Net Tangible Assets	Accounts Payable	Non Currrent Assets Other	Non Current Liabilities Total	Inventory	Other Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Deferred Long Term Liab
Total Assets		0.93	1.0	-0.63	-0.93	0.69	1.0	0.52	0.35	0.98	-0.19	0.94	0.53	0.64	0.4	0.66	0.15	0.8	0.8	0.49	0.42	0.08	-0.65	0.98	0.44	-0.65
Total Current Liabilities	0.93		0.91	-0.71	-0.87	0.77	0.92	0.55	0.4	0.87	-0.28	0.99	0.57	0.81	0.67	0.65	0.02	0.58	0.57	0.36	0.41	0.11	-0.48	0.88	0.43	-0.48
Total Stockholder Equity	1.0	0.91		-0.62	-0.93	0.68	0.99	0.52	0.34	0.98	-0.18	0.93	0.53	0.62	0.38	0.65	0.15	0.81	0.81	0.48	0.41	0.09	-0.66	0.98	0.43	-0.66
Net Debt	-0.63	-0.71	-0.62		0.62	-0.96	-0.58	-0.71	-0.18	-0.59	0.39	-0.64	-0.71	-0.73	-0.72	-0.51	0.0	-0.19	-0.18	0.14	-0.27	-0.21	0.15	-0.58	-0.31	0.15
Retained Earnings	-0.93	-0.87	-0.93	0.62		-0.7	-0.92	-0.54	-0.23	-0.95	0.27	-0.88	-0.55	-0.53	-0.32	-0.84	-0.07	-0.79	-0.78	-0.47	-0.56	0.08	0.55	-0.97	-0.62	0.55
Cash	0.69	0.77	0.68	-0.96	-0.7		0.65	0.7	0.22	0.65	-0.31	0.72	0.71	0.75	0.7	0.6	0.07	0.27	0.27	0.05	0.39	0.1	-0.15	0.65	0.47	-0.15
Non Current Assets Total	1.0	0.92	0.99	-0.58	-0.92	0.65		0.43	0.35	0.97	-0.17	0.94	0.45	0.61	0.36	0.64	0.15	0.83	0.83	0.53	0.41	0.04	-0.67	0.98	0.42	-0.67
Cash And Short Term Investments	0.52	0.55	0.52	-0.71	-0.54	0.7	0.43		0.11	0.49	-0.28	0.49	1.0	0.63	0.6	0.52	0.06	0.09	0.09	-0.12	0.34	0.45	-0.07	0.49	0.4	-0.07
Net Receivables	0.35	0.4	0.34	-0.18	-0.23	0.22	0.35	0.11		0.19	0.52	0.43	0.15	0.62	0.43	0.17	0.67	0.06	0.08	0.37	0.39	-0.31	-0.04	0.24	0.42	-0.04
Common Stock Shares Outstanding	0.98	0.87	0.98	-0.59	-0.95	0.65	0.97	0.49	0.19		-0.31	0.88	0.5	0.49	0.26	0.71	0.03	0.87	0.86	0.45	0.42	0.08	-0.71	0.99	0.42	-0.71
Other Stockholder Equity	-0.19	-0.28	-0.18	0.39	0.27	-0.31	-0.17	-0.28	0.52	-0.31		-0.18	-0.25	0.0	-0.16	-0.23	0.83	-0.17	-0.1	0.46	0.08	-0.47	0.16	-0.26	0.2	0.16
Total Liab	0.94	0.99	0.93	-0.64	-0.88	0.72	0.94	0.49	0.43	0.88	-0.18		0.51	0.78	0.6	0.67	0.11	0.64	0.64	0.5	0.46	0.02	-0.52	0.9	0.49	-0.52
Total Current Assets	0.53	0.57	0.53	-0.71	-0.55	0.71	0.45	1.0	0.15	0.5	-0.25	0.51		0.65	0.61	0.52	0.09	0.09	0.09	-0.1	0.35	0.44	-0.07	0.5	0.41	-0.07
Property Plant And Equipment Net	0.64	0.81	0.62	-0.73	-0.53	0.75	0.61	0.63	0.62	0.49	0.0	0.78	0.65		0.93	0.42	0.28	0.07	0.08	0.17	0.38	0.14	-0.09	0.52	0.41	-0.09
Other Current Liab	0.4	0.67	0.38	-0.72	-0.32	0.7	0.36	0.6	0.43	0.26	-0.16	0.6	0.61	0.93		0.26	0.03	-0.21	-0.21	-0.13	0.19	0.26	0.14	0.28	0.23	0.14
Other Liab	0.66	0.65	0.65	-0.51	-0.84	0.6	0.64	0.52	0.17	0.71	-0.23	0.67	0.52	0.42	0.26		0.08	0.53	0.52	0.4	0.78	-0.35	-0.45	0.76	0.85	-0.45
Net Tangible Assets	0.15	0.02	0.15	0.0	-0.07	0.07	0.15	0.06	0.67	0.03	0.83	0.11	0.09	0.28	0.03	0.08		0.05	0.12	0.54	0.44	-0.41	0.01	0.08	0.46	0.01
Accounts Payable	0.8	0.58	0.81	-0.19	-0.79	0.27	0.83	0.09	0.06	0.87	-0.17	0.64	0.09	0.07	-0.21	0.53	0.05		0.99	0.61	0.31	-0.11	-0.79	0.86	0.29	-0.79
Non Currrent Assets Other	0.8	0.57	0.81	-0.18	-0.78	0.27	0.83	0.09	0.08	0.86	-0.1	0.64	0.09	0.08	-0.21	0.52	0.12	0.99		0.67	0.33	-0.13	-0.79	0.85	0.31	-0.79
Non Current Liabilities Total	0.49	0.36	0.48	0.14	-0.47	0.05	0.53	-0.12	0.37	0.45	0.46	0.5	-0.1	0.17	-0.13	0.4	0.54	0.61	0.67		0.51	-0.48	-0.46	0.5	0.53	-0.46
Inventory	0.42	0.41	0.41	-0.27	-0.56	0.39	0.41	0.34	0.39	0.42	0.08	0.46	0.35	0.38	0.19	0.78	0.44	0.31	0.33	0.51		-0.44	-0.22	0.48	0.88	-0.22
Other Current Assets	0.08	0.11	0.09	-0.21	0.08	0.1	0.04	0.45	-0.31	0.08	-0.47	0.02	0.44	0.14	0.26	-0.35	-0.41	-0.11	-0.13	-0.48	-0.44		0.05	0.0	-0.57	0.05
Intangible Assets	-0.65	-0.48	-0.66	0.15	0.55	-0.15	-0.67	-0.07	-0.04	-0.71	0.16	-0.52	-0.07	-0.09	0.14	-0.45	0.01	-0.79	-0.79	-0.46	-0.22	0.05		-0.7	-0.11	1.0
Common Stock	0.98	0.88	0.98	-0.58	-0.97	0.65	0.98	0.49	0.24	0.99	-0.26	0.9	0.5	0.52	0.28	0.76	0.08	0.86	0.85	0.5	0.48	0.0	-0.7		0.5	-0.7
Property Plant Equipment	0.44	0.43	0.43	-0.31	-0.62	0.47	0.42	0.4	0.42	0.42	0.2	0.49	0.41	0.41	0.23	0.85	0.46	0.29	0.31	0.53	0.88	-0.57	-0.11	0.5		-0.11
Deferred Long Term Liab	-0.65	-0.48	-0.66	0.15	0.55	-0.15	-0.67	-0.07	-0.04	-0.71	0.16	-0.52	-0.07	-0.09	0.14	-0.45	0.01	-0.79	-0.79	-0.46	-0.22	0.05	1.0	-0.7	-0.11

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Avanti Energy Account Relationship Matchups

Avanti Energy fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.8M	17.1M	30.3M	28.6M	32.9M	34.6M
Total Current Liabilities	14.9K	1.6M	4.5M	2.4M	2.7M	2.9M
Total Stockholder Equity	1.8M	15.4M	25.7M	25.8M	29.7M	31.2M
Net Debt	(1.8M)	(1.3M)	(2.8M)	(1.2M)	(1.0M)	(989.0K)
Retained Earnings	(14.6M)	(25.2M)	(33.5M)	(45.1M)	(40.6M)	(38.6M)
Cash	1.8M	1.3M	2.8M	1.4M	1.6M	841.0K
Cash And Short Term Investments	1.8M	5.4M	2.8M	1.4M	1.6M	1.2M
Net Receivables	2.8K	53.0K	195.8K	57.9K	66.6K	70.5K
Common Stock Shares Outstanding	12.1M	40.6M	58.3M	78.3M	90.0M	94.5M
Liabilities And Stockholders Equity	1.8M	17.1M	30.3M	28.6M	32.9M	34.6M
Total Liab	14.9K	1.6M	4.6M	2.8M	3.2M	3.4M
Total Current Assets	1.8M	5.6M	3.1M	1.5M	1.8M	1.3M
Accumulated Other Comprehensive Income	1.6M	6.2M	11.1M	12.6M	14.5M	15.2M
Accounts Payable	14.86	1.5K	4.5K	2.4M	2.7M	2.8M
Non Currrent Assets Other	333.8K	0.0	62.5K	22.4M	25.8M	27.1M
Other Current Assets	10.1K	194.3K	85.0K	58.5K	67.2K	59.3K
Common Stock	14.7M	34.4M	48.1M	58.3M	67.1M	70.4M
Net Invested Capital	1.8M	15.4M	25.7M	25.8M	29.7M	31.2M
Net Working Capital	1.8M	4.1M	(1.4M)	(844.8K)	(760.3K)	(722.3K)
Capital Stock	14.7M	34.4M	48.1M	58.3M	67.1M	70.4M

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