Advent Cash And Short Term Investments vs Other Assets Analysis

ADNWW Stock  USD 0.01  0  10.85%   
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 Cash And Short Term Investments and its Other Assets 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 housing.

Cash And Short Term Investments vs Other Assets

Cash And Short Term Investments vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Advent Technologies Cash And Short Term Investments account and Other Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Advent Technologies' Cash And Short Term Investments and Other Assets is -0.75. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Assets 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' Cash And Short Term Investments and Other 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 Cash And Short Term Investments of Advent Technologies Holdings are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Cash And Short Term Investments i.e., Advent Technologies' Cash And Short Term Investments and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.75
Relationship DirectionNegative 
Relationship StrengthWeak

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.

Other Assets

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 housing.
At this time, Advent Technologies' Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 9.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 24.6 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses45.8M45.8M62.3M34.4M
Cost Of Revenue5.4M8.6M18.3M19.2M

Advent Technologies fundamental ratios Correlations

-0.70.80.890.87-0.530.71-0.02-0.270.79-0.91-0.33-0.89-0.930.37-0.82-0.210.95-0.34-0.12-0.950.90.92-0.6-0.3-0.86
-0.7-0.56-0.68-0.870.96-0.670.010.86-0.770.60.850.770.88-0.890.970.82-0.880.020.740.85-0.86-0.920.850.70.91
0.8-0.560.640.72-0.380.96-0.62-0.20.95-0.68-0.22-0.65-0.710.26-0.61-0.150.76-0.44-0.11-0.780.760.73-0.43-0.22-0.63
0.89-0.680.640.67-0.550.60.1-0.250.64-0.97-0.38-0.98-0.920.38-0.83-0.180.850.11-0.04-0.80.70.82-0.61-0.28-0.92
0.87-0.870.720.67-0.750.71-0.07-0.610.84-0.67-0.55-0.73-0.870.63-0.89-0.570.95-0.46-0.51-0.960.990.95-0.71-0.55-0.81
-0.530.96-0.38-0.55-0.75-0.54-0.050.91-0.630.410.950.620.76-0.970.890.9-0.74-0.10.850.72-0.73-0.80.730.610.82
0.71-0.670.960.60.71-0.54-0.67-0.40.98-0.6-0.42-0.63-0.720.46-0.68-0.360.75-0.29-0.31-0.760.740.75-0.53-0.34-0.67
-0.020.01-0.620.1-0.07-0.05-0.67-0.03-0.54-0.06-0.06-0.09-0.030.04-0.05-0.01-0.030.280.020.06-0.09-0.02-0.06-0.03-0.08
-0.270.86-0.2-0.25-0.610.91-0.4-0.03-0.50.150.910.380.54-0.950.721.0-0.55-0.060.960.53-0.6-0.630.760.770.6
0.79-0.770.950.640.84-0.630.98-0.54-0.5-0.64-0.49-0.69-0.80.54-0.77-0.460.85-0.37-0.41-0.860.860.85-0.63-0.44-0.75
-0.910.6-0.68-0.97-0.670.41-0.6-0.060.15-0.640.210.960.89-0.230.760.07-0.840.02-0.080.79-0.7-0.80.630.330.86
-0.330.85-0.22-0.38-0.550.95-0.42-0.060.91-0.490.210.450.59-0.990.730.92-0.57-0.20.90.56-0.56-0.640.60.490.68
-0.890.77-0.65-0.98-0.730.62-0.63-0.090.38-0.690.960.450.96-0.460.880.3-0.89-0.10.150.83-0.75-0.870.740.440.96
-0.930.88-0.71-0.92-0.870.76-0.72-0.030.54-0.80.890.590.96-0.620.950.48-0.980.090.360.95-0.9-0.970.780.50.98
0.37-0.890.260.380.63-0.970.460.04-0.950.54-0.23-0.99-0.46-0.62-0.77-0.950.620.12-0.93-0.60.630.69-0.66-0.57-0.69
-0.820.97-0.61-0.83-0.890.89-0.68-0.050.72-0.770.760.730.880.95-0.770.66-0.930.00.560.89-0.88-0.950.830.630.96
-0.210.82-0.15-0.18-0.570.9-0.36-0.011.0-0.460.070.920.30.48-0.950.66-0.49-0.060.980.48-0.55-0.580.70.720.54
0.95-0.880.760.850.95-0.740.75-0.03-0.550.85-0.84-0.57-0.89-0.980.62-0.93-0.49-0.28-0.41-0.990.971.0-0.76-0.5-0.93
-0.340.02-0.440.11-0.46-0.1-0.290.28-0.06-0.370.02-0.2-0.10.090.120.0-0.06-0.280.030.38-0.47-0.25-0.06-0.04-0.08
-0.120.74-0.11-0.04-0.510.85-0.310.020.96-0.41-0.080.90.150.36-0.930.560.98-0.410.030.42-0.5-0.490.550.590.42
-0.950.85-0.78-0.8-0.960.72-0.760.060.53-0.860.790.560.830.95-0.60.890.48-0.990.380.42-0.98-0.990.70.450.89
0.9-0.860.760.70.99-0.730.74-0.09-0.60.86-0.7-0.56-0.75-0.90.63-0.88-0.550.97-0.47-0.5-0.980.97-0.72-0.53-0.83
0.92-0.920.730.820.95-0.80.75-0.02-0.630.85-0.8-0.64-0.87-0.970.69-0.95-0.581.0-0.25-0.49-0.990.97-0.79-0.55-0.94
-0.60.85-0.43-0.61-0.710.73-0.53-0.060.76-0.630.630.60.740.78-0.660.830.7-0.76-0.060.550.7-0.72-0.790.920.8
-0.30.7-0.22-0.28-0.550.61-0.34-0.030.77-0.440.330.490.440.5-0.570.630.72-0.5-0.040.590.45-0.53-0.550.920.52
-0.860.91-0.63-0.92-0.810.82-0.67-0.080.6-0.750.860.680.960.98-0.690.960.54-0.93-0.080.420.89-0.83-0.940.80.52
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Advent Technologies Account Relationship Matchups

Advent Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets226.0M93.9M163.0M89.6M34.7M33.0M
Total Current Liabilities1.3M3.2M18.9M13.7M11.9M9.0M
Total Stockholder Equity5.0M5.0M130.2M64.1M13.4M12.8M
Retained Earnings3.2M2.2M(33.4M)(107.8M)(179.2M)(170.2M)
Cash And Short Term Investments520.4K24.9K79.8M32.9M37.8M25.1M
Total Liab221.0M88.9M32.8M25.4M21.3M20.2M
Total Current Assets577.5K582.5K97.4M49.5M8.8M8.4M
Common Stock672.0701.05.1K5K4.5K4.3K

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