Avient Corp Stock Probability Of Bankruptcy

AVNT Stock

USD 45.92 0.97 2.07%

Avient Corp's odds of distress is under 9% at this time. It has tiny probability of undergoing some form of financial distress in the near future. Probability of financial unrest prediction helps decision makers evaluate Avient Corp's chance of financial distress in relation to its going-concern outlook and evaluation. All items used in analyzing the odds of distress are taken from the Avient balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Avient Corp Piotroski F Score and Avient Corp Altman Z Score analysis.

For more information on how to buy Avient Stock please use our How to Invest in Avient Corp guide.

Market Cap is likely to gain to about 3.3 B in 2024. Enterprise Value is likely to gain to about 4 B in 2024

Avient Corp Company probability of financial unrest Analysis

Avient Corp's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

Probability Of Bankruptcy

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Avient Corp Probability Of Bankruptcy

Less than 9%

Most of Avient Corp's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Avient Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Our calculation of Avient Corp probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Avient Corp odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Avient Corp financial health.

Is Specialty Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Avient Corp. If investors know Avient will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Avient Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

6.324

Dividend Share

1.03

Earnings Share

1.63

Revenue Per Share

35.21

Quarterly Revenue Growth

0.082

The market value of Avient Corp is measured differently than its book value, which is the value of Avient that is recorded on the company's balance sheet. Investors also form their own opinion of Avient Corp's value that differs from its market value or its book value, called intrinsic value, which is Avient Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Avient Corp's market value can be influenced by many factors that don't directly affect Avient Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Avient Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avient Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avient Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Avient Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for Avient Corp is extremely important. It helps to project a fair market value of Avient Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Avient Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Avient Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Avient Corp's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Intangible Assets	Good Will	Current Deferred Revenue	Net Tangible Assets	Long Term Debt	Long Term Debt Total	Capital Surpluse	Treasury Stock	Property Plant Equipment	Deferred Long Term Liab	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.99	0.72	0.96	0.66	0.59	0.84	0.71	-0.21	-0.48	0.93	0.97	0.27	-0.85	0.89	0.87	0.9	-0.54	0.81	0.77	-0.69	0.94	0.72	-0.61
Total Stockholder Equity	0.99		0.64	0.95	0.56	0.49	0.79	0.66	-0.13	-0.39	0.95	0.97	0.25	-0.82	0.84	0.83	0.88	-0.43	0.83	0.83	-0.74	0.95	0.73	-0.64
Net Debt	0.72	0.64		0.65	0.86	0.7	0.9	0.64	-0.26	-0.43	0.61	0.7	0.2	-0.79	0.91	0.91	0.84	-0.62	0.74	0.37	-0.46	0.74	0.34	-0.13
Retained Earnings	0.96	0.95	0.65		0.49	0.39	0.78	0.63	-0.04	-0.31	0.94	0.97	0.28	-0.85	0.88	0.86	0.87	-0.63	0.77	0.77	-0.68	0.91	0.73	-0.63
Accounts Payable	0.66	0.56	0.86	0.49		0.96	0.84	0.76	-0.56	-0.72	0.42	0.54	0.3	-0.57	0.77	0.74	0.7	-0.53	0.62	0.22	-0.3	0.57	0.34	-0.04
Net Receivables	0.59	0.49	0.7	0.39	0.96		0.74	0.78	-0.64	-0.8	0.3	0.43	0.37	-0.42	0.64	0.59	0.57	-0.5	0.47	0.12	-0.19	0.45	0.37	-0.02
Total Liab	0.84	0.79	0.9	0.78	0.84	0.74		0.87	-0.28	-0.49	0.69	0.77	0.49	-0.74	0.96	0.96	0.92	-0.62	0.85	0.46	-0.6	0.87	0.62	-0.14
Total Current Assets	0.71	0.66	0.64	0.63	0.76	0.78	0.87		-0.4	-0.58	0.46	0.58	0.73	-0.43	0.78	0.74	0.74	-0.6	0.63	0.2	-0.47	0.68	0.78	-0.01
Short Term Debt	-0.21	-0.13	-0.26	-0.04	-0.56	-0.64	-0.28	-0.4		0.92	0.06	-0.01	-0.07	0.03	-0.14	-0.13	-0.06	0.22	-0.08	0.04	0.02	-0.01	0.0	0.03
Common Stock	-0.48	-0.39	-0.43	-0.31	-0.72	-0.8	-0.49	-0.58	0.92		-0.19	-0.28	-0.13	0.27	-0.38	-0.36	-0.33	0.42	-0.29	-0.14	0.11	-0.25	-0.22	0.23
Intangible Assets	0.93	0.95	0.61	0.94	0.42	0.3	0.69	0.46	0.06	-0.19		0.98	0.1	-0.9	0.8	0.8	0.84	-0.38	0.79	0.91	-0.72	0.94	0.61	-0.69
Good Will	0.97	0.97	0.7	0.97	0.54	0.43	0.77	0.58	-0.01	-0.28	0.98		0.17	-0.9	0.87	0.86	0.9	-0.5	0.8	0.83	-0.7	0.95	0.68	-0.66
Current Deferred Revenue	0.27	0.25	0.2	0.28	0.3	0.37	0.49	0.73	-0.07	-0.13	0.1	0.17		-0.06	0.4	0.31	0.27	-0.4	0.22	-0.14	-0.34	0.33	0.65	0.43
Net Tangible Assets	-0.85	-0.82	-0.79	-0.85	-0.57	-0.42	-0.74	-0.43	0.03	0.27	-0.9	-0.9	-0.06		-0.85	-0.84	-0.81	0.57	-0.7	-0.74	0.54	-0.86	-0.46	0.55
Long Term Debt	0.89	0.84	0.91	0.88	0.77	0.64	0.96	0.78	-0.14	-0.38	0.8	0.87	0.4	-0.85		0.98	0.94	-0.71	0.82	0.53	-0.6	0.9	0.65	-0.29
Long Term Debt Total	0.87	0.83	0.91	0.86	0.74	0.59	0.96	0.74	-0.13	-0.36	0.8	0.86	0.31	-0.84	0.98		0.97	-0.65	0.87	0.57	-0.6	0.9	0.59	-0.31
Capital Surpluse	0.9	0.88	0.84	0.87	0.7	0.57	0.92	0.74	-0.06	-0.33	0.84	0.9	0.27	-0.81	0.94	0.97		-0.52	0.9	0.64	-0.64	0.94	0.66	-0.39
Treasury Stock	-0.54	-0.43	-0.62	-0.63	-0.53	-0.5	-0.62	-0.6	0.22	0.42	-0.38	-0.5	-0.4	0.57	-0.71	-0.65	-0.52		-0.27	-0.05	0.14	-0.43	-0.53	0.16
Property Plant Equipment	0.81	0.83	0.74	0.77	0.62	0.47	0.85	0.63	-0.08	-0.29	0.79	0.8	0.22	-0.7	0.82	0.87	0.9	-0.27		0.71	-0.71	0.88	0.45	-0.34
Deferred Long Term Liab	0.77	0.83	0.37	0.77	0.22	0.12	0.46	0.2	0.04	-0.14	0.91	0.83	-0.14	-0.74	0.53	0.57	0.64	-0.05	0.71		-0.67	0.78	0.35	-0.77
Short Long Term Debt	-0.69	-0.74	-0.46	-0.68	-0.3	-0.19	-0.6	-0.47	0.02	0.11	-0.72	-0.7	-0.34	0.54	-0.6	-0.6	-0.64	0.14	-0.71	-0.67		-0.77	-0.52	0.29
Net Invested Capital	0.94	0.95	0.74	0.91	0.57	0.45	0.87	0.68	-0.01	-0.25	0.94	0.95	0.33	-0.86	0.9	0.9	0.94	-0.43	0.88	0.78	-0.77		0.71	-0.45
Net Working Capital	0.72	0.73	0.34	0.73	0.34	0.37	0.62	0.78	0.0	-0.22	0.61	0.68	0.65	-0.46	0.65	0.59	0.66	-0.53	0.45	0.35	-0.52	0.71		-0.29
Capital Stock	-0.61	-0.64	-0.13	-0.63	-0.04	-0.02	-0.14	-0.01	0.03	0.23	-0.69	-0.66	0.43	0.55	-0.29	-0.31	-0.39	0.16	-0.34	-0.77	0.29	-0.45	-0.29

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The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.

Competition

Predict Avient Corp

Based on the latest financial disclosure, Avient Corp has a Probability Of Bankruptcy of 9.0%. This is 79.7% lower than that of the Chemicals sector and 78.46% lower than that of the Materials industry. The probability of bankruptcy for all United States stocks is 77.4% higher than that of the company.

Avient Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Avient Corp's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Avient Corp could also be used in its relative valuation, which is a method of valuing Avient Corp by comparing valuation metrics of similar companies.

Avient Corp is currently under evaluation in probability of bankruptcy category among its peers.

Avient Corp Main Bankruptcy Drivers

	2019	2020	2021	2022	2023	2024 (projected)
Return On Assets	0.0232	0.027	0.0461	0.0137	0.0127	0.0146
Asset Turnover	0.88	0.67	0.96	0.56	0.53	0.5
Net Debt	428.4M	1.3B	1.3B	1.6B	1.6B	799.7M
Total Current Liabilities	695.1M	804.6M	946.3M	869.4M	773.6M	590.5M
Non Current Liabilities Total	1.5B	2.4B	2.3B	2.9B	2.9B	3.0B
Total Assets	3.3B	4.9B	5.0B	6.1B	6.0B	6.3B
Total Current Assets	1.5B	1.6B	1.8B	1.6B	1.4B	1.0B
Total Cash From Operating Activities	301.7M	221.6M	233.8M	398.4M	201.6M	162.7M

Avient Corp ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Avient Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Avient Corp's managers, analysts, and investors.

Environmental

Governance

Social

Avient Fundamentals

	Return On Equity	0.0641
	Return On Asset	0.0394
	Profit Margin	0.05 %
	Operating Margin	0.1 %
	Current Valuation	5.9 B
	Shares Outstanding	91.36 M
	Shares Owned By Insiders	1.91 %
	Shares Owned By Institutions	98.79 %
	Number Of Shares Shorted	1.65 M
	Price To Earning	11.10 X
	Price To Book	1.84 X
	Price To Sales	1.35 X
	Revenue	3.14 B
	Gross Profit	964 M
	EBITDA	391.4 M
	Net Income	76.2 M
	Cash And Equivalents	645.1 M
	Cash Per Share	7.09 X
	Total Debt	2.14 B
	Debt To Equity	1.05 %
	Current Ratio	1.29 X
	Book Value Per Share	25.86 X
	Cash Flow From Operations	201.6 M
	Short Ratio	3.06 X
	Earnings Per Share	1.63 X
	Price To Earnings To Growth	3.21 X
	Target Price	58.2
	Number Of Employees	9.3 K
	Beta	1.5
	Market Capitalization	4.34 B
	Total Asset	5.97 B
	Retained Earnings	1.81 B
	Working Capital	634 M
	Annual Yield	0.02 %
	Five Year Return	2.13 %
	Net Asset	5.97 B
	Last Dividend Paid	1.03

About Avient Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Avient Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Avient Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Avient Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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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.

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Avient Corp Stock Probability Of Bankruptcy

Avient Corp Company probability of financial unrest Analysis

Probability Of Bankruptcy

Normalized

Z-Score

Current Avient Corp Probability Of Bankruptcy

Avient Probability Of Bankruptcy Driver Correlations

Avient Probability Of Bankruptcy Peer Comparison

Avient Corp Main Bankruptcy Drivers

Avient Corp ESG Sustainability

Avient Fundamentals

About Avient Corp Fundamental Analysis

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Avient Stock Analysis

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