Avanos Medical Financials

Avanos Medical Stock Summary

Avanos Medical competes with Major Drilling, Kaiser Aluminum, LION ONE, SWISS WATER, and Lerøy Seafood. Avanos Medical, Inc. operates as a medical technology company that focuses on delivering medical device solutions to improve patients quality of life worldwide. Avanos Medical, Inc. was incorporated in 2014 and is headquartered in Alpharetta, Georgia. AVANOS MEDICAL operates under Medical Instruments Supplies classification in Germany and is traded on Frankfurt Stock Exchange. It employs 4700 people.

Avanos Medical Key Financial Ratios

There are many critical financial ratios that Avanos Medical's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Avanos Medical reports annually and quarterly.

Avanos Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Avanos Medical's current stock value. Our valuation model uses many indicators to compare Avanos Medical value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Avanos Medical competition to find correlations between indicators driving Avanos Medical's intrinsic value. More Info.Avanos Medical is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about  0.68  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Avanos Medical is roughly  1.47 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Avanos Medical's earnings, one of the primary drivers of an investment's value.

Avanos Medical Systematic Risk

Along with financial statement analysis, the daily predictive indicators of Avanos Medical help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Avanos Medical. We use our internally-developed statistical techniques to arrive at the intrinsic value of Avanos Medical based on widely used predictive technical indicators. In general, we focus on analyzing Avanos Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Avanos Medical's daily price indicators and compare them against related drivers.

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