AVCON Retained Earnings vs Total Assets Analysis

300074 Stock

4.83 0.11 2.33%

AVCON Information financial indicator trend analysis is way more than just evaluating AVCON Information Tech prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AVCON Information Tech is a good investment. Please check the relationship between AVCON Information Retained Earnings and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AVCON Information Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Retained Earnings vs Total Assets

Retained Earnings vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AVCON Information Tech Retained Earnings account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.

The correlation between AVCON Information's Retained Earnings and Total Assets is 0.89. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Assets in the same time period over historical financial statements of AVCON Information Tech, assuming nothing else is changed. The correlation between historical values of AVCON Information's Retained Earnings and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of AVCON Information Tech are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Retained Earnings i.e., AVCON Information's Retained Earnings and Total Assets go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Assets

Total assets refers to the total amount of AVCON Information assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in AVCON Information Tech books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Most indicators from AVCON Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AVCON Information Tech current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AVCON Information Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Selling General Administrative is expected to grow to about 90.7 M. The current year's Tax Provision is expected to grow to about 3.2 M

	2021	2022	2023	2024 (projected)
Gross Profit	193.1M	161.3M	252.7M	212.0M
Research Development	41.9M	60.2M	52.4M	50.8M

Gross Profit Research Development

AVCON Information fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Cash And Short Term Investments	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		0.6	0.71	0.75	0.9	0.72	0.48	0.34	0.89	0.78	-0.17	0.88	0.36	-0.12	0.86	0.62	0.61	-0.16	0.79	0.83	0.3	0.74	0.9	0.75	0.52	0.55
Short Long Term Debt Total	0.6		0.27	0.74	0.29	0.33	0.72	0.4	0.27	0.69	-0.11	0.46	0.3	-0.06	0.83	-0.07	0.06	-0.26	0.81	0.58	0.57	0.46	0.45	0.33	0.26	0.66
Other Current Liab	0.71	0.27		0.63	0.56	0.5	-0.1	0.49	0.68	0.71	-0.44	0.71	0.26	-0.42	0.62	0.71	0.83	-0.35	0.66	0.49	0.04	0.4	0.7	0.51	0.61	0.44
Total Current Liabilities	0.75	0.74	0.63		0.49	0.52	0.42	0.58	0.6	0.96	-0.39	0.72	0.24	-0.36	0.8	0.28	0.52	-0.51	0.97	0.57	0.67	0.41	0.74	0.55	0.42	0.46
Total Stockholder Equity	0.9	0.29	0.56	0.49		0.68	0.39	0.03	0.89	0.53	0.06	0.75	0.31	0.1	0.6	0.67	0.55	0.15	0.5	0.8	0.19	0.7	0.77	0.7	0.4	0.29
Property Plant And Equipment Net	0.72	0.33	0.5	0.52	0.68		0.25	0.55	0.78	0.49	-0.49	0.92	0.39	-0.48	0.53	0.58	0.53	-0.4	0.54	0.26	0.15	0.64	0.87	0.98	0.21	0.36
Current Deferred Revenue	0.48	0.72	-0.1	0.42	0.39	0.25		-0.09	0.26	0.31	0.32	0.26	0.12	0.35	0.49	-0.02	-0.14	0.19	0.46	0.61	0.47	0.42	0.23	0.22	0.0	0.37
Net Debt	0.34	0.4	0.49	0.58	0.03	0.55	-0.09		0.38	0.6	-0.96	0.65	0.13	-0.93	0.52	0.28	0.54	-0.94	0.63	-0.13	0.07	0.14	0.6	0.57	0.47	0.53
Retained Earnings	0.89	0.27	0.68	0.6	0.89	0.78	0.26	0.38		0.63	-0.32	0.9	0.34	-0.28	0.62	0.83	0.78	-0.24	0.61	0.6	0.14	0.56	0.88	0.8	0.5	0.35
Accounts Payable	0.78	0.69	0.71	0.96	0.53	0.49	0.31	0.6	0.63		-0.43	0.73	0.13	-0.38	0.84	0.31	0.59	-0.5	0.97	0.6	0.52	0.47	0.75	0.54	0.61	0.55
Cash	-0.17	-0.11	-0.44	-0.39	0.06	-0.49	0.32	-0.96	-0.32	-0.43		-0.55	-0.02	0.99	-0.29	-0.31	-0.57	0.92	-0.43	0.33	0.1	0.0	-0.49	-0.51	-0.43	-0.37
Non Current Assets Total	0.88	0.46	0.71	0.72	0.75	0.92	0.26	0.65	0.9	0.73	-0.55		0.4	-0.52	0.74	0.67	0.71	-0.5	0.75	0.47	0.19	0.65	0.98	0.93	0.48	0.51
Other Assets	0.36	0.3	0.26	0.24	0.31	0.39	0.12	0.13	0.34	0.13	-0.02	0.4		-0.04	0.23	0.32	0.16	-0.13	0.26	0.21	0.15	0.23	0.36	0.31	-0.29	0.19
Cash And Short Term Investments	-0.12	-0.06	-0.42	-0.36	0.1	-0.48	0.35	-0.93	-0.28	-0.38	0.99	-0.52	-0.04		-0.22	-0.3	-0.56	0.92	-0.38	0.4	0.08	0.05	-0.46	-0.49	-0.36	-0.29
Net Receivables	0.86	0.83	0.62	0.8	0.6	0.53	0.49	0.52	0.62	0.84	-0.29	0.74	0.23	-0.22		0.31	0.41	-0.34	0.88	0.73	0.32	0.67	0.77	0.59	0.61	0.74
Inventory	0.62	-0.07	0.71	0.28	0.67	0.58	-0.02	0.28	0.83	0.31	-0.31	0.67	0.32	-0.3	0.31		0.84	-0.17	0.3	0.37	-0.19	0.22	0.62	0.57	0.37	0.18
Other Current Assets	0.61	0.06	0.83	0.52	0.55	0.53	-0.14	0.54	0.78	0.59	-0.57	0.71	0.16	-0.56	0.41	0.84		-0.44	0.51	0.29	0.02	0.13	0.69	0.55	0.63	0.22
Other Stockholder Equity	-0.16	-0.26	-0.35	-0.51	0.15	-0.4	0.19	-0.94	-0.24	-0.5	0.92	-0.5	-0.13	0.92	-0.34	-0.17	-0.44		-0.52	0.3	-0.11	0.04	-0.48	-0.44	-0.29	-0.33
Total Liab	0.79	0.81	0.66	0.97	0.5	0.54	0.46	0.63	0.61	0.97	-0.43	0.75	0.26	-0.38	0.88	0.3	0.51	-0.52		0.6	0.52	0.51	0.76	0.56	0.5	0.66
Total Current Assets	0.83	0.58	0.49	0.57	0.8	0.26	0.61	-0.13	0.6	0.6	0.33	0.47	0.21	0.4	0.73	0.37	0.29	0.3	0.6		0.34	0.61	0.51	0.3	0.41	0.42
Short Term Debt	0.3	0.57	0.04	0.67	0.19	0.15	0.47	0.07	0.14	0.52	0.1	0.19	0.15	0.08	0.32	-0.19	0.02	-0.11	0.52	0.34		0.03	0.24	0.18	-0.13	-0.16
Intangible Assets	0.74	0.46	0.4	0.41	0.7	0.64	0.42	0.14	0.56	0.47	0.0	0.65	0.23	0.05	0.67	0.22	0.13	0.04	0.51	0.61	0.03		0.68	0.64	0.32	0.58
Common Stock	0.9	0.45	0.7	0.74	0.77	0.87	0.23	0.6	0.88	0.75	-0.49	0.98	0.36	-0.46	0.77	0.62	0.69	-0.48	0.76	0.51	0.24	0.68		0.91	0.49	0.45
Property Plant Equipment	0.75	0.33	0.51	0.55	0.7	0.98	0.22	0.57	0.8	0.54	-0.51	0.93	0.31	-0.49	0.59	0.57	0.55	-0.44	0.56	0.3	0.18	0.64	0.91		0.29	0.33
Non Currrent Assets Other	0.52	0.26	0.61	0.42	0.4	0.21	0.0	0.47	0.5	0.61	-0.43	0.48	-0.29	-0.36	0.61	0.37	0.63	-0.29	0.5	0.41	-0.13	0.32	0.49	0.29		0.54
Non Current Liabilities Total	0.55	0.66	0.44	0.46	0.29	0.36	0.37	0.53	0.35	0.55	-0.37	0.51	0.19	-0.29	0.74	0.18	0.22	-0.33	0.66	0.42	-0.16	0.58	0.45	0.33	0.54

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AVCON Information Account Relationship Matchups

AVCON Information fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.5B	1.7B	1.8B	1.6B	1.6B	1.2B
Other Current Liab	87.1M	77.0M	78.2M	119.5M	81.9M	61.4M
Total Current Liabilities	268.1M	534.8M	401.0M	333.1M	494.6M	519.4M
Total Stockholder Equity	1.2B	1.2B	1.1B	1.0B	1.1B	970.7M
Property Plant And Equipment Net	262.9M	350.1M	335.6M	337.9M	297.3M	238.4M
Net Debt	(91.6M)	(104.0M)	(31.8M)	19.8M	(161.0M)	(169.0M)
Retained Earnings	418.3M	378.0M	385.6M	279.7M	286.7M	276.8M
Accounts Payable	136.7M	163.0M	167.3M	154.2M	190.1M	199.7M
Cash	109.7M	284.2M	189.3M	129.6M	300.3M	227.1M
Non Current Assets Total	682.7M	744.6M	777.8M	728.8M	682.7M	480.5M
Cash And Short Term Investments	174.7M	284.2M	248.5M	174.6M	326.0M	236.2M
Net Receivables	401.0M	500.6M	591.9M	594.7M	566.7M	305.1M
Liabilities And Stockholders Equity	1.5B	1.7B	1.8B	1.6B	1.6B	1.2B
Inventory	137.4M	114.0M	108.8M	62.6M	30.6M	29.0M
Other Current Assets	120.2M	95.2M	68.9M	42.5M	28.0M	45.0M
Other Stockholder Equity	169.2M	193.5M	198.6M	194.9M	194.9M	225.9M
Total Liab	305.8M	573.1M	590.9M	512.2M	519.8M	545.8M
Total Current Assets	833.2M	994.1M	1.0B	874.5M	951.2M	755.2M
Intangible Assets	20.6M	18.7M	39.1M	40.7M	39.4M	25.7M
Property Plant Equipment	317.9M	360.0M	350.1M	335.6M	385.9M	230.7M
Non Currrent Assets Other	325.5M	32.5M	310.1M	224.6M	195.7M	118.0M
Non Current Liabilities Total	37.7M	38.3M	189.9M	179.1M	25.1M	44.9M
Other Liab	34.6M	57.1M	28.3M	43.7M	50.2M	29.1M
Short Term Investments	65M	(215.8M)	59.2M	45M	25.7M	27.0M
Net Tangible Assets	1.2B	1.2B	1.1B	1.0B	1.2B	1.2B
Deferred Long Term Liab	3.7M	3.2M	2.7M	3.1M	3.5M	3.1M
Non Current Liabilities Other	18.0M	23.1M	16.6M	17.7M	20.4M	18.4M
Net Invested Capital	1.2B	1.3B	1.3B	1.2B	1.1B	970.9M
Net Working Capital	565.1M	459.3M	617.1M	541.4M	456.6M	418.5M

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Other Information on Investing in AVCON Stock

Balance Sheet is a snapshot of the financial position of AVCON Information Tech at a specified time, usually calculated after every quarter, six months, or one year. AVCON Information Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of AVCON Information and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which AVCON currently owns. An asset can also be divided into two categories, current and non-current.

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AVCON Retained Earnings vs Total Assets Analysis

Retained Earnings vs Total Assets

Retained Earnings vs Total Assets Correlation Analysis

Correlation Coefficient

Retained Earnings

Total Assets

AVCON Information fundamental ratios Correlations

AVCON Information Account Relationship Matchups

High Positive Relationship

High Negative Relationship

AVCON Information fundamental ratios Accounts

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Other Information on Investing in AVCON Stock

COMMON DESTINATIONS

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COMPANY

Cash And Short Term Investments	+ 0.99	Cash
Property Plant Equipment	+ 0.98	Property Plant And Equipment Net
Common Stock	+ 0.98	Non Current Assets Total
Total Liab	+ 0.97	Total Current Liabilities
Total Liab	+ 0.97	Accounts Payable
Accounts Payable	+ 0.96	Total Current Liabilities

Cash	- 0.96	Net Debt
Other Stockholder Equity	- 0.94	Net Debt
Cash And Short Term Investments	- 0.93	Net Debt
Other Current Assets	- 0.57	Cash
Other Current Assets	- 0.56	Cash And Short Term Investments
Non Current Assets Total	- 0.55	Cash