Avalon Net Working Capital vs Short Long Term Debt Analysis

AWX Stock  USD 3.29  0.07  2.17%   
Avalon Holdings financial indicator trend analysis is way more than just evaluating Avalon Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avalon Holdings is a good investment. Please check the relationship between Avalon Holdings Net Working Capital and its Short Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avalon Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy Avalon Stock please use our How to Invest in Avalon Holdings guide.

Net Working Capital vs Short Long Term Debt

Net Working Capital vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avalon Holdings Net Working Capital account and Short Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Avalon Holdings' Net Working Capital and Short Long Term Debt is 0.58. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Avalon Holdings, assuming nothing else is changed. The correlation between historical values of Avalon Holdings' Net Working Capital and Short Long Term Debt 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 Working Capital of Avalon Holdings are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Net Working Capital i.e., Avalon Holdings' Net Working Capital and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Net Working Capital

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
Most indicators from Avalon Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Avalon Holdings 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 Avalon Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy Avalon Stock please use our How to Invest in Avalon Holdings guide.At this time, Avalon Holdings' Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.17 in 2024, whereas Selling General Administrative is likely to drop slightly above 6.8 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit13.6M14.0M13.8M10.5M
Total Revenue70.4M81.2M80.5M64.3M

Avalon Holdings fundamental ratios Correlations

0.40.88-0.210.830.76-0.260.63-0.350.890.72-0.350.090.050.840.26-0.630.850.73-0.19-0.050.620.550.540.710.47
0.40.150.68-0.12-0.110.69-0.110.58-0.010.190.580.690.210.140.68-0.160.140.040.730.120.00.220.220.140.91
0.880.15-0.350.840.73-0.430.9-0.470.860.58-0.470.16-0.080.730.05-0.570.780.62-0.31-0.270.630.410.410.680.14
-0.210.68-0.35-0.59-0.760.98-0.440.91-0.54-0.480.910.71-0.03-0.570.60.29-0.57-0.580.90.04-0.2-0.43-0.43-0.30.43
0.83-0.120.84-0.590.85-0.670.69-0.760.980.54-0.76-0.3-0.240.76-0.23-0.410.770.71-0.680.040.580.440.430.69-0.01
0.76-0.110.73-0.760.85-0.760.6-0.780.870.83-0.78-0.40.150.96-0.16-0.620.950.9-0.65-0.020.470.670.670.60.14
-0.260.69-0.430.98-0.67-0.76-0.510.95-0.61-0.430.950.690.1-0.550.630.25-0.55-0.550.940.04-0.27-0.39-0.39-0.350.5
0.63-0.110.9-0.440.690.6-0.51-0.540.70.43-0.540.2-0.130.53-0.17-0.40.590.44-0.38-0.40.50.230.230.54-0.17
-0.350.58-0.470.91-0.76-0.780.95-0.54-0.7-0.41.00.580.25-0.560.690.13-0.57-0.570.96-0.07-0.27-0.34-0.34-0.360.39
0.89-0.010.86-0.540.980.87-0.610.7-0.70.65-0.7-0.23-0.180.82-0.13-0.490.820.74-0.60.010.610.510.50.710.1
0.720.190.58-0.480.540.83-0.430.43-0.40.65-0.4-0.190.440.910.22-0.790.90.84-0.25-0.030.390.770.770.570.41
-0.350.58-0.470.91-0.76-0.780.95-0.541.0-0.7-0.40.580.25-0.560.690.13-0.57-0.570.96-0.07-0.27-0.34-0.34-0.360.39
0.090.690.160.71-0.3-0.40.690.20.58-0.23-0.190.58-0.05-0.260.410.14-0.21-0.360.74-0.260.01-0.25-0.26-0.140.39
0.050.21-0.08-0.03-0.240.150.1-0.130.25-0.180.440.25-0.050.320.46-0.480.310.360.32-0.18-0.150.370.38-0.010.43
0.840.140.73-0.570.760.96-0.550.53-0.560.820.91-0.56-0.260.320.11-0.741.00.93-0.41-0.040.470.740.740.630.39
0.260.680.050.6-0.23-0.160.63-0.170.69-0.130.220.690.410.460.11-0.440.10.160.74-0.240.010.210.210.160.66
-0.63-0.16-0.570.29-0.41-0.620.25-0.40.13-0.49-0.790.130.14-0.48-0.74-0.44-0.75-0.70.050.17-0.42-0.57-0.57-0.56-0.32
0.850.140.78-0.570.770.95-0.550.59-0.570.820.9-0.57-0.210.311.00.1-0.750.92-0.4-0.090.490.720.720.630.37
0.730.040.62-0.580.710.9-0.550.44-0.570.740.84-0.57-0.360.360.930.16-0.70.92-0.44-0.010.240.750.750.640.34
-0.190.73-0.310.9-0.68-0.650.94-0.380.96-0.6-0.250.960.740.32-0.410.740.05-0.4-0.44-0.13-0.22-0.24-0.24-0.290.54
-0.050.12-0.270.040.04-0.020.04-0.4-0.070.01-0.03-0.07-0.26-0.18-0.04-0.240.17-0.09-0.01-0.13-0.13-0.01-0.010.140.23
0.620.00.63-0.20.580.47-0.270.5-0.270.610.39-0.270.01-0.150.470.01-0.420.490.24-0.22-0.13-0.09-0.090.290.0
0.550.220.41-0.430.440.67-0.390.23-0.340.510.77-0.34-0.250.370.740.21-0.570.720.75-0.24-0.01-0.091.00.550.4
0.540.220.41-0.430.430.67-0.390.23-0.340.50.77-0.34-0.260.380.740.21-0.570.720.75-0.24-0.01-0.091.00.550.4
0.710.140.68-0.30.690.6-0.350.54-0.360.710.57-0.36-0.14-0.010.630.16-0.560.630.64-0.290.140.290.550.550.21
0.470.910.140.43-0.010.140.5-0.170.390.10.410.390.390.430.390.66-0.320.370.340.540.230.00.40.40.21
Click cells to compare fundamentals

Avalon Holdings Account Relationship Matchups

Avalon Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets79.2M78.0M78.0M89.8M88.0M66.5M
Other Current Liab2.3M1.9M2.1M2.5M3.1M2.0M
Total Current Liabilities19.0M17.2M18.0M18.9M17.9M13.0M
Total Stockholder Equity37.0M37.1M39.1M38.5M36.7M32.6M
Property Plant And Equipment Net56.3M58.8M60.3M63.2M63.6M42.1M
Net Debt23.5M21.9M19.5M32.1M33.8M35.5M
Retained Earnings(22.2M)(22.1M)(20.2M)(20.8M)(22.5M)(23.7M)
Accounts Payable11.7M9.1M10.2M11.0M9.7M7.9M
Cash1.4M4.2M3.3M1.6M1.2M1.1M
Non Current Assets Total63.6M62.7M62.1M73.7M73.9M45.5M
Non Currrent Assets Other7.2M3.9M1.7M10.5M10.3M10.8M
Cash And Short Term Investments1.4M4.2M3.3M1.6M1.2M1.1M
Net Receivables12.6M9.3M10.5M11.7M10.1M8.4M
Common Stock Shares Outstanding3.8M3.9M3.9M3.9M3.9M4.2M
Liabilities And Stockholders Equity79.2M78.0M78.0M89.8M88.0M66.5M
Non Current Liabilities Total23.2M23.8M21.0M32.8M34.0M35.7M
Other Current Assets15K810K1.1M1.3M1.1M712.7K
Other Stockholder Equity59.1M59.2M59.2M59.2M59.2M55.1M
Total Liab42.2M41.0M39.1M51.6M51.9M54.5M
Property Plant And Equipment Gross56.3M58.8M95.9M102.2M106.4M111.8M
Total Current Assets15.6M15.3M16.0M16.1M14.0M15.2M
Other Assets7.2M11.4M1.7M10.5M1.00.95
Property Plant Equipment49.0M51.3M60.3M63.2M72.7M39.3M
Inventory813K910K1.1M1.5M1.7M1.7M
Short Long Term Debt Total24.9M26.2M22.8M33.7M35.0M36.8M
Current Deferred Revenue3.2M3.2M3.4M3.6M3.4M2.4M
Long Term Debt21.6M21.9M19.4M31.3M32.4M34.0M
Short Term Debt1.8M2.5M1.8M1.0M1.2M590.7K
Net Tangible Assets38.5M38.9M39.1M38.5M34.6M32.0M
Noncontrolling Interest In Consolidated Entity2.1M14K(66K)(126K)(113.4K)(107.7K)
Retained Earnings Total Equity(20.6M)(21.7M)(22.2M)(22.1M)(19.9M)(20.9M)
Long Term Debt Total21.6M21.9M19.9M31.7M36.4M38.3M
Capital Surpluse59.1M59.2M59.2M59.2M68.1M64.8M
Capital Lease Obligations2.3M2.6M2.3M1.9M2.1M1.2M
Short Long Term Debt1.0M1.6M1.1M503K538K511.1K
Cash And Equivalents1.4M4.2M3.3M1.6M1.9M2.4M

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