AvidXchange Cash And Short Term Investments from 2010 to 2024

AVDX Stock  USD 11.44  0.02  0.17%   
AvidXchange Holdings Cash And Short Term Investments yearly trend continues to be fairly stable with very little volatility. Cash And Short Term Investments will likely drop to about 429.8 M in 2024. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2010-12-31
Previous Quarter
451.6 M
Current Value
429.8 M
Quarterly Volatility
117.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check AvidXchange Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AvidXchange Holdings' main balance sheet or income statement drivers, such as Interest Expense of 11.2 M, Tax Provision of 475.6 K or Net Interest Income of 3.7 M, as well as many indicators such as Price To Sales Ratio of 6.24, Dividend Yield of 0.0 or PTB Ratio of 3.62. AvidXchange financial statements analysis is a perfect complement when working with AvidXchange Holdings Valuation or Volatility modules.
  
Check out the analysis of AvidXchange Holdings Correlation against competitors.
For more information on how to buy AvidXchange Stock please use our How to Invest in AvidXchange Holdings guide.

Latest AvidXchange Holdings' Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of AvidXchange Holdings over the last few years. Short Term Investments is an account in the current assets section of AvidXchange Holdings balance sheet. This account contains AvidXchange Holdings investments that will expire within one year. These investments include stocks and bonds that can be liquidated by AvidXchange Holdings fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. AvidXchange Holdings' Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AvidXchange Holdings' overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

AvidXchange Cash And Short Term Investments Regression Statistics

Arithmetic Mean294,061,107
Geometric Mean276,769,814
Coefficient Of Variation39.89
Mean Deviation97,274,202
Median225,265,760
Standard Deviation117,289,203
Sample Variance13756.8T
Range337.6M
R-Value0.74
Mean Square Error6794.6T
R-Squared0.54
Significance0
Slope19,297,031
Total Sum of Squares192594.6T

AvidXchange Cash And Short Term Investments History

2024429.8 M
2023451.6 M
2022461.5 M
2021562.8 M
2020252.5 M

About AvidXchange Holdings Financial Statements

AvidXchange Holdings investors use historical fundamental indicators, such as AvidXchange Holdings' Cash And Short Term Investments, 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 AvidXchange Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash And Short Term Investments451.6 M429.8 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for AvidXchange Stock Analysis

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