Advent Common Stock vs Cash And Short Term Investments Analysis
ADN Stock | USD 5.09 1.40 21.57% |
Advent Technologies financial indicator trend analysis is way more than just evaluating Advent Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Advent Technologies is a good investment. Please check the relationship between Advent Technologies Common Stock and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advent Technologies Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Common Stock vs Cash And Short Term Investments
Common Stock vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Advent Technologies Common Stock account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Advent Technologies' Common Stock and Cash And Short Term Investments is -0.63. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Advent Technologies Holdings, assuming nothing else is changed. The correlation between historical values of Advent Technologies' Common Stock and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Advent Technologies Holdings are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock i.e., Advent Technologies' Common Stock and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.63 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Common Stock
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Advent Technologies balance sheet. This account contains Advent Technologies investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Advent Technologies Holdings fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from Advent Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Advent Technologies 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 Advent Technologies Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. At this time, Advent Technologies' Tax Provision is very stable compared to the past year. As of the 26th of November 2024, Issuance Of Capital Stock is likely to grow to about 9.5 M, while Selling General Administrative is likely to drop about 25 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 51.2M | 45.8M | 62.3M | 35.5M | Cost Of Revenue | 5.4M | 8.6M | 18.3M | 19.2M |
Advent Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Advent Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Advent Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 226.0M | 93.9M | 163.0M | 89.6M | 34.7M | 33.0M | |
Other Current Liab | 1.3M | (258.3K) | 13.8M | 3.4M | 4.0M | 4.1M | |
Total Current Liabilities | 1.3M | 3.2M | 18.9M | 13.7M | 11.9M | 9.0M | |
Total Stockholder Equity | 5.0M | 5.0M | 130.2M | 64.1M | 13.4M | 12.8M | |
Net Debt | (20.4K) | 2.7M | (79.6M) | (20.8M) | (18.7M) | (19.6M) | |
Retained Earnings | 3.2M | 2.2M | (33.4M) | (107.8M) | (179.2M) | (170.2M) | |
Accounts Payable | 25.5K | 881.4K | 4.8M | 4.7M | 5.1M | 2.9M | |
Cash | 520.4K | 24.9K | 79.8M | 32.9M | 3.6M | 3.4M | |
Non Current Assets Total | 225.4M | 93.3M | 65.7M | 40.1M | 25.9M | 24.6M | |
Non Currrent Assets Other | (85.0K) | 91.4M | 2.5M | 6.0M | 1.1M | 1.0M | |
Cash And Short Term Investments | 520.4K | 24.9K | 79.8M | 32.9M | 37.8M | 25.1M | |
Net Receivables | 368.4K | 1.0M | 9.2M | 2.4M | 191K | 181.5K | |
Liabilities And Stockholders Equity | 226.0M | 93.9M | 163.0M | 89.6M | 80.6M | 127.1M | |
Non Current Liabilities Total | 219.7M | 85.7M | 14.0M | 11.8M | 9.4M | 8.9M | |
Inventory | 32.4K | 107.9K | 7.0M | 12.6M | 2.7M | 4.1M | |
Other Current Assets | 57.1K | 26.2K | 1.5M | 3.0M | 10K | 9.5K | |
Other Stockholder Equity | 1.8M | 11.0M | 164.9M | 174.5M | 200.7M | 210.7M | |
Total Liab | 221.0M | 88.9M | 32.8M | 25.4M | 21.3M | 20.2M | |
Total Current Assets | 577.5K | 582.5K | 97.4M | 49.5M | 8.8M | 8.4M | |
Common Stock | 672.0 | 701.0 | 5.1K | 5K | 4.5K | 4.3K |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advent Technologies Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Electric Utilities 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 Advent Technologies. If investors know Advent 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 Advent Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (25.90) | Revenue Per Share 2.998 | Quarterly Revenue Growth (0.28) | Return On Assets (0.74) | Return On Equity (3.13) |
The market value of Advent Technologies is measured differently than its book value, which is the value of Advent that is recorded on the company's balance sheet. Investors also form their own opinion of Advent Technologies' value that differs from its market value or its book value, called intrinsic value, which is Advent Technologies' 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 Advent Technologies' market value can be influenced by many factors that don't directly affect Advent Technologies' 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 Advent Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Advent Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advent Technologies' 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.