AdvanSix Net Working Capital from 2010 to 2024

ASIX Stock  USD 31.68  0.55  1.77%   
AdvanSix Net Working Capital yearly trend continues to be fairly stable with very little volatility. Net Working Capital will likely drop to about 35.5 M in 2024. During the period from 2010 to 2024, AdvanSix Net Working Capital regression line of annual values had significance of  0 and arithmetic mean of  65,555,935. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
60.9 M
Current Value
35.5 M
Quarterly Volatility
31 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check AdvanSix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AdvanSix's main balance sheet or income statement drivers, such as Depreciation And Amortization of 57.5 M, Interest Expense of 7.9 M or Selling General Administrative of 78 M, as well as many indicators such as Price To Sales Ratio of 0.42, Dividend Yield of 0.0193 or PTB Ratio of 1.98. AdvanSix financial statements analysis is a perfect complement when working with AdvanSix Valuation or Volatility modules.
  
Check out the analysis of AdvanSix Correlation against competitors.
For more information on how to buy AdvanSix Stock please use our How to Invest in AdvanSix guide.

Latest AdvanSix's Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of AdvanSix over the last few years. It is AdvanSix's Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AdvanSix's overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

AdvanSix Net Working Capital Regression Statistics

Arithmetic Mean65,555,935
Coefficient Of Variation47.25
Mean Deviation27,117,936
Median90,979,000
Standard Deviation30,973,127
Sample Variance959.3T
Range92.2M
R-Value(0.71)
Mean Square Error515.5T
R-Squared0.50
Significance0
Slope(4,902,392)
Total Sum of Squares13430.7T

AdvanSix Net Working Capital History

202435.5 M
202360.9 M
202247.4 M
202140 M
202046.5 M
2019-1.2 M
201826.3 M

About AdvanSix Financial Statements

AdvanSix investors use historical fundamental indicators, such as AdvanSix's Net Working Capital, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in AdvanSix. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Working Capital60.9 M35.5 M

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Additional Tools for AdvanSix Stock Analysis

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