Avient Corp Financials

AVNT Stock  USD 51.17  1.35  2.71%   
Based on the analysis of Avient Corp's profitability, liquidity, and operating efficiency, Avient Corp is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, Avient Corp's Property Plant And Equipment Gross is comparatively stable compared to the past year. Intangible Assets is likely to gain to about 1.7 B in 2024, whereas Property Plant And Equipment Net is likely to drop slightly above 627.2 M in 2024. Key indicators impacting Avient Corp's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.060.904
Fairly Up
Very volatile
Operating Income167 M221.5 M
Way Down
Pretty Stable
Current Ratio1.381.8195
Way Down
Pretty Stable
Investors should never underestimate Avient Corp's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Avient Corp's cash flow, debt, and profitability to make informed and accurate decisions about investing in Avient Corp.

Net Income

65.34 Million

  
Understanding current and past Avient Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Avient Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in Avient Corp's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Avient Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Avient Corp. Check Avient Corp's Beneish M Score to see the likelihood of Avient Corp's management manipulating its earnings.

Avient Corp Stock Summary

Avient Corp competes with Axalta Coating, H B, Quaker Chemical, Cabot, and Innospec. Avient Corporation provides specialized formulator, services, and sustainable material solutions in the United States, Canada, Mexico, Europe, South America, and Asia. Avient Corporation was founded in 1885 and is headquartered in Avon Lake, Ohio. Avient Corp operates under Specialty Chemicals classification in the United States and is traded on New York Stock Exchange. It employs 8800 people.
Specialization
Basic Materials, Specialty Chemicals
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS05368V1061
CUSIP73179P106 05368V106
LocationOhio; U.S.A
Business Address33587 Walker Road,
SectorChemicals
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.avient.com
Phone440 930 1000
CurrencyUSD - US Dollar

Avient Corp Key Financial Ratios

Avient Corp Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets3.3B4.9B5.0B6.1B6.0B6.3B
Other Current Liab11.2M257.3M480.7M256.7M250.1M262.6M
Net Debt428.4M1.3B1.3B1.6B1.6B799.7M
Retained Earnings1.0B1.1B1.2B1.8B1.8B1.9B
Accounts Payable283.3M471.7M429.5M454.4M432.3M339.1M
Cash864.7M649.5M601.2M641.1M545.8M276.7M
Net Receivables326.8M516.6M439.9M440.6M399.9M363.2M
Inventory260.9M327.5M461.1M372.7M347M301.2M
Other Current Assets54M108.5M480.1M115.3M114.9M83.4M
Total Liab2.2B3.2B3.2B3.7B3.6B2.0B
Total Current Assets1.5B1.6B1.8B1.6B1.4B1.0B
Short Term Debt39.4M68.8M29.7M36.2M42.7M37.2M
Intangible Assets469.3M1.0B925.2M1.6B1.6B1.7B
Good Will685.7M1.3B1.3B1.7B1.7B1.8B
Net Tangible Assets(103.1M)(619.5M)(436.9M)(935M)(841.5M)(799.4M)
Long Term Debt1.2B1.9B1.9B2.2B2.1B1.5B
Long Term Debt Total1.2B1.9B1.9B2.2B2.5B1.4B
Capital Surpluse1.2B1.5B1.5B1.5B1.7B1.3B
Treasury Stock(1.0B)(1.0B)(901.2M)(900.7M)(810.6M)(851.2M)

Avient Corp Key Income Statement Accounts

The reason investors look at the income statement is to determine what Avient Corp's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense59.5M74.6M75.3M119.8M115.3M65.7M
Total Revenue2.9B3.2B4.8B3.4B3.1B3.2B
Gross Profit657.2M784.3M1.1B882.7M902.7M595.8M
Operating Income156.8M189.3M381.2M183.6M221.5M167.0M
Ebit156.8M220.8M308.6M246.1M202.6M163.5M
Ebitda256.4M352.9M472.9M427.2M391.4M262.9M
Cost Of Revenue2.2B2.5B3.7B2.5B2.2B2.6B
Income Before Tax109.4M139M304.6M63.8M87.3M99.1M
Net Income159.8M75.7M131.6M230.8M83.1M65.3M
Income Tax Expense33.7M5.2M74M(19.3M)11M20.4M
Research Development50.6M59.8M83.2M84.9M90.3M66.1M
Tax Provision33.7M5.2M74M(19.3M)(42.8M)(40.7M)
Net Interest Income(59.5M)(74.6M)(75.3M)(119.8M)(137.9M)(131.0M)

Avient Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Avient Corp's current stock value. Our valuation model uses many indicators to compare Avient Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Avient Corp competition to find correlations between indicators driving Avient Corp's intrinsic value. More Info.
Avient Corp is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.61  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Avient Corp is roughly  1.63 . At this time, Avient Corp's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Avient Corp by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Avient Corp Systematic Risk

Avient Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Avient Corp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Avient Corp correlated with the market. If Beta is less than 0 Avient Corp generally moves in the opposite direction as compared to the market. If Avient Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Avient Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Avient Corp is generally in the same direction as the market. If Beta > 1 Avient Corp moves generally in the same direction as, but more than the movement of the benchmark.

Avient Corp Thematic Clasifications

Avient Corp is part of several thematic ideas from Synthetics to Plastics. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Avient Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Avient Corp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Avient Corp growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(5.41)

At this time, Avient Corp's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Avient Corp November 22, 2024 Opportunity Range

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

Additional Tools for Avient Stock Analysis

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