Anavex Life Sciences Stock Current Asset

AVXL Stock  USD 9.03  0.01  0.11%   
Anavex Life Sciences fundamentals help investors to digest information that contributes to Anavex Life's financial success or failures. It also enables traders to predict the movement of Anavex Stock. The fundamental analysis module provides a way to measure Anavex Life's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Anavex Life stock.
Total Current Assets is expected to rise to about 186.4 M this year, although the value of Other Current Assets will most likely fall to about 496.3 K.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Anavex Life Sciences Company Current Asset Analysis

Anavex Life's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Current Asset

 = 

Cash

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Deposits

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Liquid Assets

More About Current Asset | All Equity Analysis

Current Anavex Life Current Asset

    
  9.45 M  
Most of Anavex Life's fundamental indicators, such as Current Asset, 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, Anavex Life Sciences is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Anavex Current Asset Historical Pattern

Today, most investors in Anavex Life Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Anavex Life's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Anavex Life current asset as a starting point in their analysis.
   Anavex Life Current Asset   
       Timeline  
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

Anavex Total Assets

Total Assets

186.42 Million

At this time, Anavex Life's Total Assets are quite stable compared to the past year.
In accordance with the recently published financial statements, Anavex Life Sciences has a Current Asset of 9.45 M. This is 99.56% lower than that of the Biotechnology sector and 99.11% lower than that of the Health Care industry. The current asset for all United States stocks is 99.9% higher than that of the company.

Anavex Current Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Anavex Life's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Anavex Life could also be used in its relative valuation, which is a method of valuing Anavex Life by comparing valuation metrics of similar companies.
Anavex Life is currently under evaluation in current asset category among its peers.

Anavex Life Current Valuation Drivers

We derive many important indicators used in calculating different scores of Anavex Life from analyzing Anavex Life's financial statements. These drivers represent accounts that assess Anavex Life's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Anavex Life's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap154.5M264.8M793.7M522.6M470.3M493.9M
Enterprise Value132.4M235.5M644.6M371.6M334.4M351.1M

Anavex Life 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, Anavex Life's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Anavex Life's managers, analysts, and investors.
Environmental
Governance
Social

Anavex Fundamentals

About Anavex Life Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Anavex Life Sciences's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Anavex Life using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Anavex Life Sciences 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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When determining whether Anavex Life Sciences is a strong investment it is important to analyze Anavex Life's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Anavex Life's future performance. For an informed investment choice regarding Anavex Stock, refer to the following important reports:
Check out Anavex Life Piotroski F Score and Anavex Life Altman Z Score analysis.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Biotechnology 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 Anavex Life. If investors know Anavex 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 Anavex Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.51)
Return On Assets
(0.20)
Return On Equity
(0.30)
The market value of Anavex Life Sciences is measured differently than its book value, which is the value of Anavex that is recorded on the company's balance sheet. Investors also form their own opinion of Anavex Life's value that differs from its market value or its book value, called intrinsic value, which is Anavex Life'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 Anavex Life's market value can be influenced by many factors that don't directly affect Anavex Life'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 Anavex Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Anavex Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Anavex Life'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.