Avantor Change In Cash vs Free Cash Flow Analysis

AVTR Stock

USD 21.04 0.00 0.00%

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

To learn how to invest in Avantor Stock, please use our How to Invest in Avantor guide.

Change In Cash vs Free Cash Flow

Change In Cash vs Free Cash Flow Correlation Analysis

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

The correlation between Avantor's Change In Cash and Free Cash Flow is -0.05. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Avantor, assuming nothing else is changed. The correlation between historical values of Avantor's Change In Cash and 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 Change In Cash of Avantor are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Change In Cash i.e., Avantor's Change In Cash and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.05

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Change In Cash

Free Cash Flow

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

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

To learn how to invest in Avantor Stock, please use our How to Invest in Avantor guide.At this time, Avantor's Tax Provision is relatively stable compared to the past year. As of 12/30/2024, Sales General And Administrative To Revenue is likely to grow to 0.36, while Selling General Administrative is likely to drop slightly above 1.2 B.

	2021	2022	2023	2024 (projected)
Gross Profit	2.5B	2.6B	2.4B	1.7B
Total Revenue	7.4B	4.9B	7.0B	4.9B

Gross Profit Total Revenue

Avantor fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Good Will	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net
Total Assets		0.9	0.99	0.62	0.95	-0.79	0.55	0.99	0.95	0.9	0.96	0.99	0.97	0.64	1.0	0.92	0.09	0.88	0.72	0.99	0.72	0.96	0.57	0.98	-0.59	0.24
Other Current Liab	0.9		0.91	0.81	0.75	-0.51	0.65	0.9	0.95	0.98	0.76	0.9	0.94	0.82	0.89	0.78	0.31	0.63	0.61	0.9	0.61	0.79	0.77	0.85	-0.61	0.36
Total Current Liabilities	0.99	0.91		0.64	0.92	-0.76	0.57	0.99	0.97	0.91	0.94	0.99	0.97	0.67	1.0	0.94	0.09	0.86	0.76	1.0	0.76	0.95	0.6	0.98	-0.62	0.24
Total Stockholder Equity	0.62	0.81	0.64		0.39	-0.02	0.83	0.61	0.72	0.73	0.39	0.63	0.72	0.74	0.62	0.62	0.49	0.21	0.54	0.64	0.54	0.44	1.0	0.6	-0.7	0.49
Other Liab	0.95	0.75	0.92	0.39		-0.92	0.34	0.94	0.83	0.79	0.99	0.94	0.85	0.41	0.95	0.85	0.01	0.97	0.56	0.93	0.56	0.99	0.33	0.94	-0.54	0.05
Net Tangible Assets	-0.79	-0.51	-0.76	-0.02	-0.92		-0.05	-0.79	-0.64	-0.58	-0.93	-0.78	-0.65	-0.2	-0.79	-0.68	0.23	-0.97	-0.44	-0.77	-0.44	-0.9	0.05	-0.78	0.24	0.11
Retained Earnings	0.55	0.65	0.57	0.83	0.34	-0.05		0.49	0.61	0.57	0.38	0.51	0.69	0.85	0.53	0.56	0.09	0.27	0.71	0.53	0.71	0.36	0.83	0.55	-0.48	0.81
Accounts Payable	0.99	0.9	0.99	0.61	0.94	-0.79	0.49		0.96	0.91	0.95	1.0	0.94	0.61	1.0	0.91	0.12	0.88	0.68	1.0	0.68	0.97	0.56	0.96	-0.63	0.13
Cash	0.95	0.95	0.97	0.72	0.83	-0.64	0.61	0.96		0.94	0.86	0.96	0.95	0.76	0.96	0.88	0.17	0.76	0.74	0.97	0.74	0.87	0.68	0.9	-0.61	0.24
Other Assets	0.9	0.98	0.91	0.73	0.79	-0.58	0.57	0.91	0.94		0.79	0.91	0.91	0.77	0.9	0.75	0.33	0.68	0.56	0.91	0.56	0.82	0.68	0.85	-0.59	0.29
Long Term Debt	0.96	0.76	0.94	0.39	0.99	-0.93	0.38	0.95	0.86	0.79		0.94	0.87	0.47	0.95	0.85	-0.06	0.98	0.62	0.94	0.62	0.99	0.33	0.94	-0.46	0.1
Net Receivables	0.99	0.9	0.99	0.63	0.94	-0.78	0.51	1.0	0.96	0.91	0.94		0.95	0.61	1.0	0.93	0.11	0.87	0.69	1.0	0.69	0.96	0.58	0.97	-0.66	0.15
Good Will	0.97	0.94	0.97	0.72	0.85	-0.65	0.69	0.94	0.95	0.91	0.87	0.95		0.77	0.96	0.9	0.11	0.78	0.8	0.96	0.8	0.87	0.68	0.95	-0.54	0.43
Common Stock Shares Outstanding	0.64	0.82	0.67	0.74	0.41	-0.2	0.85	0.61	0.76	0.77	0.47	0.61	0.77		0.62	0.55	0.08	0.37	0.7	0.63	0.7	0.45	0.73	0.58	-0.37	0.69
Inventory	1.0	0.89	1.0	0.62	0.95	-0.79	0.53	1.0	0.96	0.9	0.95	1.0	0.96	0.62		0.93	0.1	0.88	0.72	1.0	0.72	0.97	0.57	0.98	-0.63	0.19
Other Current Assets	0.92	0.78	0.94	0.62	0.85	-0.68	0.56	0.91	0.88	0.75	0.85	0.93	0.9	0.55	0.93		-0.02	0.79	0.84	0.94	0.84	0.87	0.58	0.95	-0.7	0.2
Other Stockholder Equity	0.09	0.31	0.09	0.49	0.01	0.23	0.09	0.12	0.17	0.33	-0.06	0.11	0.11	0.08	0.1	-0.02		-0.2	-0.2	0.11	-0.2	0.04	0.49	0.08	-0.33	-0.01
Total Liab	0.88	0.63	0.86	0.21	0.97	-0.97	0.27	0.88	0.76	0.68	0.98	0.87	0.78	0.37	0.88	0.79	-0.2		0.58	0.86	0.58	0.96	0.15	0.87	-0.38	0.04
Short Long Term Debt	0.72	0.61	0.76	0.54	0.56	-0.44	0.71	0.68	0.74	0.56	0.62	0.69	0.8	0.7	0.72	0.84	-0.2	0.58		0.72	1.0	0.59	0.53	0.75	-0.4	0.51
Total Current Assets	0.99	0.9	1.0	0.64	0.93	-0.77	0.53	1.0	0.97	0.91	0.94	1.0	0.96	0.63	1.0	0.94	0.11	0.86	0.72		0.72	0.96	0.59	0.97	-0.65	0.18
Short Term Debt	0.72	0.61	0.76	0.54	0.56	-0.44	0.71	0.68	0.74	0.56	0.62	0.69	0.8	0.7	0.72	0.84	-0.2	0.58	1.0	0.72		0.59	0.53	0.75	-0.4	0.51
Intangible Assets	0.96	0.79	0.95	0.44	0.99	-0.9	0.36	0.97	0.87	0.82	0.99	0.96	0.87	0.45	0.97	0.87	0.04	0.96	0.59	0.96	0.59		0.38	0.95	-0.55	0.04
Common Stock	0.57	0.77	0.6	1.0	0.33	0.05	0.83	0.56	0.68	0.68	0.33	0.58	0.68	0.73	0.57	0.58	0.49	0.15	0.53	0.59	0.53	0.38		0.55	-0.69	0.5
Property Plant Equipment	0.98	0.85	0.98	0.6	0.94	-0.78	0.55	0.96	0.9	0.85	0.94	0.97	0.95	0.58	0.98	0.95	0.08	0.87	0.75	0.97	0.75	0.95	0.55		-0.62	0.27
Short Long Term Debt Total	-0.59	-0.61	-0.62	-0.7	-0.54	0.24	-0.48	-0.63	-0.61	-0.59	-0.46	-0.66	-0.54	-0.37	-0.63	-0.7	-0.33	-0.38	-0.4	-0.65	-0.4	-0.55	-0.69	-0.62		0.01
Property Plant And Equipment Net	0.24	0.36	0.24	0.49	0.05	0.11	0.81	0.13	0.24	0.29	0.1	0.15	0.43	0.69	0.19	0.2	-0.01	0.04	0.51	0.18	0.51	0.04	0.5	0.27	0.01

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Avantor Account Relationship Matchups

Avantor fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.8B	9.9B	13.9B	13.5B	13.0B	11.2B
Other Current Liab	232.3M	537.4M	650.5M	536.4M	594.5M	407.7M
Total Current Liabilities	1.1B	1.2B	1.5B	1.7B	1.5B	1.3B
Total Stockholder Equity	2.5B	2.7B	4.2B	4.9B	5.3B	5.5B
Other Liab	1.1B	1.0B	1.3B	940.2M	1.1B	1.1B
Net Tangible Assets	(5.5B)	(5.2B)	(7.3B)	(4.9B)	(4.4B)	(4.7B)
Retained Earnings	(203.7M)	(88.7M)	483.9M	1.2B	1.5B	1.6B
Accounts Payable	560.2M	678.9M	755.1M	758.2M	625.9M	622.3M
Cash	186.7M	286.6M	301.7M	372.9M	262.9M	253.5M
Other Assets	72.9M	219M	233.1M	174.8M	201.0M	139.5M
Long Term Debt	5.0B	4.9B	7.0B	5.9B	5.3B	5.9B
Net Receivables	988.8M	1.1B	1.2B	1.2B	1.2B	1.0B
Good Will	2.8B	2.9B	5.3B	5.7B	5.7B	3.9B
Common Stock Shares Outstanding	401.2M	583.4M	599.6M	679.4M	678.4M	608.6M
Inventory	711.2M	739.6M	872M	913.5M	828.1M	763.5M
Other Current Assets	134.8M	91.4M	81.4M	153.1M	143.7M	112.0M
Other Stockholder Equity	196.9M	(2.7B)	1.0B	(100.3M)	(1.0)	(0.95)
Total Liab	7.3B	7.2B	9.7B	8.6B	7.7B	9.4B
Short Long Term Debt	93.5M	26.4M	45.2M	364.2M	259.9M	145.0M
Total Current Assets	2.0B	2.2B	2.5B	2.7B	2.4B	2.2B
Short Term Debt	93.5M	26.4M	45.2M	364.2M	259.9M	145.0M
Intangible Assets	4.2B	4.0B	5.1B	4.1B	3.8B	4.3B
Common Stock	1.7B	1.7B	2.8B	3.8B	3.8B	4.0B
Property Plant Equipment	689.3M	549.9M	705.5M	727M	836.1M	650.2M
Short Long Term Debt Total	5.1B	4.9B	7.0B	6.3B	5.5B	4.9B
Property Plant And Equipment Net	557M	549.9M	705.5M	727M	858.2M	732.2M
Current Deferred Revenue	188.5M	223.8M	249.5M	731.4M	183.3M	323.1M
Net Debt	4.9B	4.6B	6.7B	5.9B	5.3B	4.7B
Non Current Assets Total	7.8B	7.7B	11.4B	10.8B	10.6B	10.2B
Non Currrent Assets Other	205.2M	216.7M	233.1M	293.5M	187.5M	206.1M
Cash And Short Term Investments	186.7M	286.6M	301.7M	372.9M	262.9M	279.9M
Common Stock Total Equity	1.7B	1.7B	2.8B	3.8B	4.4B	4.6B
Long Term Debt Total	5.0B	4.9B	7.0B	5.9B	5.3B	4.9B
Liabilities And Stockholders Equity	9.8B	9.9B	13.9B	13.5B	13.0B	12.6B
Non Current Liabilities Total	6.2B	6.0B	8.2B	7.0B	6.2B	6.6B
Net Invested Capital	6.6B	6.6B	10.2B	11.1B	10.8B	8.4B
Property Plant And Equipment Gross	557M	549M	1.2B	1.2B	1.4B	961.5M
Accumulated Other Comprehensive Income	(85.9M)	21.7M	(43.2M)	(100.3M)	(69M)	(72.5M)
Non Current Liabilities Other	428.2M	398.1M	358.4M	295.4M	350.3M	281.3M
Net Working Capital	947M	988.2M	1.0B	999.1M	904.6M	1.0B

Pair Trading with Avantor

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Avantor position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Avantor will appreciate offsetting losses from the drop in the long position's value.

Moving together with Avantor Stock

0.72	A	Agilent Technologies	Pair Corr
0.9	ME	23Andme Holding	Pair Corr
0.76	VALN	Valneva SE ADR	Pair Corr

Moving against Avantor Stock

0.84	VCEL	Vericel Corp Ord	Pair Corr
0.71	VCYT	Veracyte	Pair Corr
0.71	SABSW	SAB Biotherapeutics	Pair Corr
0.68	DRUG	Bright Minds Biosciences	Pair Corr
0.65	VANI	Vivani Medical	Pair Corr

The ability to find closely correlated positions to Avantor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avantor when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Avantor - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Avantor to buy it.

The correlation of Avantor is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Avantor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avantor moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Avantor can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Avantor Stock Analysis

When running Avantor's price analysis, check to measure Avantor'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 Avantor is operating at the current time. Most of Avantor's value examination focuses on studying past and present price action to predict the probability of Avantor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avantor's price. Additionally, you may evaluate how the addition of Avantor to your portfolios can decrease your overall portfolio volatility.

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