Avepoint Net Income vs Change In Cash Analysis
AVPT Stock | USD 18.75 0.53 2.91% |
Avepoint financial indicator trend analysis is way more than just evaluating Avepoint prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avepoint is a good investment. Please check the relationship between Avepoint Net Income and its Change In Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avepoint. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy Avepoint Stock please use our How to Invest in Avepoint guide.
Net Income vs Change In Cash
Net Income vs Change In Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avepoint Net Income account and Change In Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Avepoint's Net Income and Change In Cash is -0.29. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change In Cash in the same time period over historical financial statements of Avepoint, assuming nothing else is changed. The correlation between historical values of Avepoint's Net Income 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 Net Income of Avepoint 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 Net Income i.e., Avepoint's Net Income and Change In Cash go up and down completely randomly.
Correlation Coefficient | -0.29 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Avepoint financial statement analysis. It represents the amount of money remaining after all of Avepoint operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Change In Cash
Most indicators from Avepoint's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Avepoint 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 Avepoint. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy Avepoint Stock please use our How to Invest in Avepoint guide.At this time, Avepoint's Tax Provision is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 1.2 B in 2024, whereas Selling General Administrative is likely to drop slightly above 54.3 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 1.2M | 3.5M | 4.7M | 2.5M | Interest Income | 102K | 72K | 26K | 47.5K |
Avepoint fundamental ratios Correlations
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Avepoint Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Avepoint Stock Analysis
When running Avepoint's price analysis, check to measure Avepoint's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avepoint is operating at the current time. Most of Avepoint's value examination focuses on studying past and present price action to predict the probability of Avepoint's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avepoint's price. Additionally, you may evaluate how the addition of Avepoint to your portfolios can decrease your overall portfolio volatility.