Avnet Free Cash Flow vs Ev To Free Cash Flow Analysis

AVT Stock

USD 52.92 0.83 1.54%

Avnet financial indicator trend analysis is way more than just evaluating Avnet Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avnet Inc is a good investment. Please check the relationship between Avnet Free Cash Flow and its Ev To Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avnet Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Free Cash Flow vs Ev To Free Cash Flow

Free Cash Flow vs Ev To Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avnet Inc Free Cash Flow account and Ev To Free Cash Flow. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Avnet's Free Cash Flow and Ev To Free Cash Flow is -0.02. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Ev To Free Cash Flow in the same time period over historical financial statements of Avnet Inc, assuming nothing else is changed. The correlation between historical values of Avnet's Free Cash Flow and Ev To Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Avnet Inc are associated (or correlated) with its Ev To Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Free Cash Flow has no effect on the direction of Free Cash Flow i.e., Avnet's Free Cash Flow and Ev To Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.02

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Ev To Free Cash Flow

A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.

Most indicators from Avnet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Avnet Inc 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 Avnet Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

At this time, Avnet's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 13.07 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.3 B in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	3.0B	3.2B	2.8B	1.9B
Total Revenue	24.3B	26.5B	23.8B	14.6B

Gross Profit Total Revenue

Avnet fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Non Currrent Assets Other	Accounts Payable	Good Will	Common Stock Total Equity
Total Assets		0.67	0.83	0.89	0.94	0.59	0.47	0.91	0.41	0.86	0.39	0.94	0.47	0.55	0.48	0.61	0.85	0.98	0.16	0.99	0.4	0.11	0.76	0.92	0.63	0.66
Short Long Term Debt Total	0.67		0.51	0.59	0.54	0.84	0.91	0.55	0.15	0.47	0.12	0.58	0.24	0.86	0.86	0.27	0.48	0.71	0.71	0.69	0.46	-0.04	0.62	0.63	0.22	0.46
Other Current Liab	0.83	0.51		0.87	0.74	0.46	0.28	0.64	0.48	0.79	0.44	0.91	0.62	0.32	0.27	0.68	0.64	0.84	0.0	0.81	0.45	0.25	0.78	0.88	0.69	0.74
Total Current Liabilities	0.89	0.59	0.87		0.73	0.41	0.33	0.7	0.53	0.75	0.46	0.97	0.6	0.27	0.29	0.49	0.58	0.93	0.08	0.88	0.7	0.26	0.73	0.98	0.7	0.72
Total Stockholder Equity	0.94	0.54	0.74	0.73		0.56	0.32	0.97	0.45	0.92	0.48	0.84	0.51	0.51	0.39	0.6	0.88	0.84	0.11	0.9	0.25	0.06	0.68	0.76	0.68	0.69
Property Plant And Equipment Net	0.59	0.84	0.46	0.41	0.56		0.82	0.53	0.0	0.51	-0.01	0.46	0.13	0.85	0.83	0.41	0.62	0.58	0.76	0.59	0.21	-0.23	0.58	0.49	0.14	0.41
Net Debt	0.47	0.91	0.28	0.33	0.32	0.82		0.33	-0.27	0.16	-0.29	0.31	-0.15	0.91	0.97	0.27	0.41	0.53	0.79	0.52	0.18	-0.24	0.39	0.43	-0.17	0.1
Retained Earnings	0.91	0.55	0.64	0.7	0.97	0.53	0.33		0.47	0.88	0.5	0.82	0.48	0.5	0.38	0.49	0.81	0.82	0.11	0.88	0.26	0.0	0.57	0.74	0.68	0.64
Cash	0.41	0.15	0.48	0.53	0.45	0.0	-0.27	0.47		0.71	0.98	0.57	0.93	-0.19	-0.32	-0.05	0.09	0.35	-0.22	0.32	0.66	0.49	0.5	0.41	0.92	0.85
Non Current Assets Total	0.86	0.47	0.79	0.75	0.92	0.51	0.16	0.88	0.71		0.71	0.86	0.75	0.33	0.19	0.48	0.73	0.76	0.04	0.79	0.45	0.2	0.76	0.73	0.87	0.87
Cash And Short Term Investments	0.39	0.12	0.44	0.46	0.48	-0.01	-0.29	0.5	0.98	0.71		0.51	0.91	-0.17	-0.32	-0.01	0.1	0.31	-0.23	0.3	0.57	0.48	0.45	0.34	0.9	0.83
Net Receivables	0.94	0.58	0.91	0.97	0.84	0.46	0.31	0.82	0.57	0.86	0.51		0.64	0.34	0.3	0.53	0.69	0.95	0.04	0.93	0.57	0.2	0.74	0.97	0.77	0.76
Common Stock Shares Outstanding	0.47	0.24	0.62	0.6	0.51	0.13	-0.15	0.48	0.93	0.75	0.91	0.64		-0.07	-0.15	0.19	0.17	0.42	-0.11	0.39	0.65	0.55	0.59	0.51	0.91	0.95
Non Current Liabilities Total	0.55	0.86	0.32	0.27	0.51	0.85	0.91	0.5	-0.19	0.33	-0.17	0.34	-0.07		0.93	0.39	0.6	0.54	0.67	0.58	-0.05	-0.22	0.46	0.39	-0.08	0.18
Inventory	0.48	0.86	0.27	0.29	0.39	0.83	0.97	0.38	-0.32	0.19	-0.32	0.3	-0.15	0.93		0.4	0.5	0.51	0.79	0.53	0.06	-0.28	0.37	0.41	-0.18	0.11
Other Current Assets	0.61	0.27	0.68	0.49	0.6	0.41	0.27	0.49	-0.05	0.48	-0.01	0.53	0.19	0.39	0.4		0.72	0.58	0.04	0.62	-0.08	0.18	0.55	0.58	0.2	0.34
Other Stockholder Equity	0.85	0.48	0.64	0.58	0.88	0.62	0.41	0.81	0.09	0.73	0.1	0.69	0.17	0.6	0.5	0.72		0.78	0.13	0.84	0.0	-0.06	0.64	0.65	0.34	0.4
Total Liab	0.98	0.71	0.84	0.93	0.84	0.58	0.53	0.82	0.35	0.76	0.31	0.95	0.42	0.54	0.51	0.58	0.78		0.19	0.99	0.47	0.13	0.76	0.96	0.55	0.61
Property Plant And Equipment Gross	0.16	0.71	0.0	0.08	0.11	0.76	0.79	0.11	-0.22	0.04	-0.23	0.04	-0.11	0.67	0.79	0.04	0.13	0.19		0.18	0.19	-0.23	0.23	0.14	-0.21	0.13
Total Current Assets	0.99	0.69	0.81	0.88	0.9	0.59	0.52	0.88	0.32	0.79	0.3	0.93	0.39	0.58	0.53	0.62	0.84	0.99	0.18		0.38	0.09	0.73	0.92	0.55	0.59
Short Term Debt	0.4	0.46	0.45	0.7	0.25	0.21	0.18	0.26	0.66	0.45	0.57	0.57	0.65	-0.05	0.06	-0.08	0.0	0.47	0.19	0.38		0.33	0.5	0.56	0.61	0.65
Intangible Assets	0.11	-0.04	0.25	0.26	0.06	-0.23	-0.24	0.0	0.49	0.2	0.48	0.2	0.55	-0.22	-0.28	0.18	-0.06	0.13	-0.23	0.09	0.33		0.4	0.17	0.31	0.45
Non Currrent Assets Other	0.76	0.62	0.78	0.73	0.68	0.58	0.39	0.57	0.5	0.76	0.45	0.74	0.59	0.46	0.37	0.55	0.64	0.76	0.23	0.73	0.5	0.4		0.7	0.55	0.75
Accounts Payable	0.92	0.63	0.88	0.98	0.76	0.49	0.43	0.74	0.41	0.73	0.34	0.97	0.51	0.39	0.41	0.58	0.65	0.96	0.14	0.92	0.56	0.17	0.7		0.62	0.66
Good Will	0.63	0.22	0.69	0.7	0.68	0.14	-0.17	0.68	0.92	0.87	0.9	0.77	0.91	-0.08	-0.18	0.2	0.34	0.55	-0.21	0.55	0.61	0.31	0.55	0.62		0.89
Common Stock Total Equity	0.66	0.46	0.74	0.72	0.69	0.41	0.1	0.64	0.85	0.87	0.83	0.76	0.95	0.18	0.11	0.34	0.4	0.61	0.13	0.59	0.65	0.45	0.75	0.66	0.89

Click cells to compare fundamentals

Avnet Account Relationship Matchups

Avnet fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.1B	8.9B	10.4B	12.5B	12.2B	6.6B
Short Long Term Debt Total	1.7B	1.5B	1.9B	3.3B	3.1B	3.3B
Other Current Liab	472.9M	572.5M	566.2M	607.8M	472.9M	426.5M
Total Current Liabilities	2.3B	3.1B	4.3B	4.2B	4.5B	2.4B
Total Stockholder Equity	3.7B	4.1B	4.2B	4.8B	4.9B	2.9B
Property Plant And Equipment Net	680.5M	634.4M	542.3M	663.3M	777.1M	816.0M
Net Debt	1.3B	1.3B	1.7B	3.0B	2.8B	3.0B
Retained Earnings	2.4B	2.5B	2.9B	3.4B	3.6B	2.0B
Cash	477.0M	199.7M	153.7M	288.2M	310.9M	449.9M
Non Current Assets Total	1.8B	1.8B	1.5B	1.7B	1.8B	1.4B
Cash And Short Term Investments	477.0M	199.7M	153.7M	288.2M	310.9M	457.8M
Net Receivables	2.9B	3.6B	4.3B	4.8B	4.4B	2.6B
Common Stock Shares Outstanding	100.5M	100.2M	99.8M	93.4M	91.8M	119.3M
Liabilities And Stockholders Equity	8.1B	8.9B	10.4B	12.5B	12.2B	6.6B
Non Current Liabilities Total	2.1B	1.8B	1.9B	3.5B	2.8B	3.0B
Inventory	2.7B	3.2B	4.2B	5.5B	5.5B	5.7B
Other Current Assets	191.4M	301.5M	355.6M	233.8M	199.7M	152.5M
Other Stockholder Equity	1.6B	1.6B	1.7B	1.7B	1.7B	929.0M
Total Liab	4.4B	4.8B	6.2B	7.7B	7.3B	3.6B
Property Plant And Equipment Gross	680.5M	634.4M	542.3M	663.3M	1.9B	2.0B
Total Current Assets	6.3B	7.2B	8.9B	10.8B	10.4B	5.2B
Accumulated Other Comprehensive Income	(388.4M)	(153.7M)	(481.2M)	(409.4M)	(486.7M)	(462.4M)
Short Term Debt	53.4M	81.4M	229.0M	174.2M	600.7M	630.7M
Intangible Assets	143.5M	65.4M	28.5M	12.7M	11.4M	10.8M
Non Currrent Assets Other	256.7M	260.9M	198.1M	282.4M	280.5M	235.4M
Accounts Payable	1.8B	2.4B	3.4B	3.4B	3.3B	1.8B
Good Will	773.7M	838.1M	758.8M	780.6M	781.0M	741.9M
Common Stock Total Equity	98.8M	99.6M	95.7M	91.5M	105.2M	119.5M
Common Stock	98.8M	99.6M	95.7M	91.5M	89.0M	118.8M
Other Assets	256.7M	521.8M	198.1M	282.4M	1.0	0.95
Long Term Debt	1.4B	1.2B	1.4B	3.0B	2.4B	1.5B
Property Plant Equipment	680.5M	1.3B	542.3M	441.6M	507.8M	474.1M
Other Liab	419.9M	709.7M	307.3M	297.5M	342.1M	233.5M
Net Tangible Assets	2.9B	6.4B	3.4B	4.0B	4.6B	3.8B
Retained Earnings Total Equity	2.4B	2.5B	2.9B	3.4B	3.9B	3.2B
Long Term Debt Total	1.4B	1.2B	1.4B	3.0B	3.4B	3.6B
Capital Surpluse	1.6B	1.6B	1.7B	1.7B	1.9B	1.6B
Non Current Liabilities Other	419.9M	354.8M	506.7M	297.5M	237.9M	308.2M

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