Avalon Cash vs Common Stock Analysis

ALBT Stock   2.49  0.16  6.04%   
Avalon GloboCare financial indicator trend analysis is way more than just evaluating Avalon GloboCare Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avalon GloboCare Corp is a good investment. Please check the relationship between Avalon GloboCare Cash and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avalon GloboCare Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Cash vs Common Stock

Cash vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avalon GloboCare Corp Cash account and Common Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Avalon GloboCare's Cash and Common Stock is 0.59. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock in the same time period over historical financial statements of Avalon GloboCare Corp, assuming nothing else is changed. The correlation between historical values of Avalon GloboCare's Cash and Common Stock 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 of Avalon GloboCare Corp are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Cash i.e., Avalon GloboCare's Cash and Common Stock go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Cash

Cash refers to the most liquid asset of Avalon GloboCare Corp, which is listed under current asset account on Avalon GloboCare Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Avalon GloboCare customers. The amounts must be unrestricted with restricted cash listed in a different Avalon GloboCare account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Common Stock

Most indicators from Avalon GloboCare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Avalon GloboCare Corp 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 Avalon GloboCare Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Selling General Administrative is likely to gain to about 7.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 8 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit414.5K272.7K238.2K283.5K
Total Revenue1.4M1.2M1.3M1.4M

Avalon GloboCare fundamental ratios Correlations

0.890.520.91-0.950.970.970.680.060.780.270.030.030.790.820.020.770.490.830.62-0.80.050.130.27-0.86-0.83
0.890.590.77-0.850.890.960.70.230.820.150.210.210.810.760.150.920.470.850.51-0.83-0.030.030.24-0.75-0.74
0.520.590.25-0.530.580.590.50.390.890.140.690.690.810.650.710.550.330.820.26-0.850.210.660.62-0.66-0.43
0.910.770.25-0.90.90.880.46-0.170.580.24-0.37-0.370.550.72-0.370.650.460.690.63-0.630.020.010.16-0.79-0.79
-0.95-0.85-0.53-0.9-0.97-0.96-0.48-0.08-0.81-0.270.020.02-0.82-0.930.01-0.81-0.57-0.87-0.60.780.07-0.21-0.480.910.93
0.970.890.580.9-0.970.980.550.090.840.340.040.040.830.880.030.820.560.890.63-0.830.030.270.44-0.9-0.89
0.970.960.590.88-0.960.980.630.150.850.270.090.090.840.860.070.880.550.890.6-0.850.00.160.36-0.87-0.86
0.680.70.50.46-0.480.550.630.130.54-0.120.380.380.550.320.320.450.040.510.28-0.650.25-0.14-0.23-0.44-0.23
0.060.230.39-0.17-0.080.090.150.130.350.520.590.590.560.310.690.340.690.24-0.05-0.03-0.610.310.39-0.32-0.26
0.780.820.890.58-0.810.840.850.540.350.270.460.460.950.890.460.830.50.980.52-0.910.060.480.62-0.83-0.75
0.270.150.140.24-0.270.340.27-0.120.520.270.030.030.410.370.150.260.770.260.340.02-0.370.520.4-0.44-0.49
0.030.210.69-0.370.020.040.090.380.590.460.031.00.490.160.970.240.040.3-0.14-0.350.070.360.33-0.060.03
0.030.210.69-0.370.020.040.090.380.590.460.031.00.490.160.970.240.040.3-0.14-0.350.070.360.33-0.060.03
0.790.810.810.55-0.820.830.840.550.560.950.410.490.490.90.530.840.670.910.49-0.78-0.160.430.62-0.87-0.81
0.820.760.650.72-0.930.880.860.320.310.890.370.160.160.90.20.840.660.920.56-0.74-0.20.370.7-0.9-0.95
0.020.150.71-0.370.010.030.070.320.690.460.150.970.970.530.20.190.180.3-0.11-0.310.00.480.42-0.16-0.01
0.770.920.550.65-0.810.820.880.450.340.830.260.240.240.840.840.190.550.860.55-0.72-0.180.070.43-0.69-0.83
0.490.470.330.46-0.570.560.550.040.690.50.770.040.040.670.660.180.550.50.35-0.23-0.590.430.58-0.75-0.75
0.830.850.820.69-0.870.890.890.510.240.980.260.30.30.910.920.30.860.50.58-0.910.060.420.59-0.86-0.81
0.620.510.260.63-0.60.630.60.28-0.050.520.34-0.14-0.140.490.56-0.110.550.350.58-0.430.330.110.23-0.58-0.63
-0.8-0.83-0.85-0.630.78-0.83-0.85-0.65-0.03-0.910.02-0.35-0.35-0.78-0.74-0.31-0.72-0.23-0.91-0.43-0.32-0.37-0.430.730.59
0.05-0.030.210.020.070.030.00.25-0.610.06-0.370.070.07-0.16-0.20.0-0.18-0.590.060.33-0.320.12-0.180.130.28
0.130.030.660.01-0.210.270.16-0.140.310.480.520.360.360.430.370.480.070.430.420.11-0.370.120.76-0.46-0.26
0.270.240.620.16-0.480.440.36-0.230.390.620.40.330.330.620.70.420.430.580.590.23-0.43-0.180.76-0.59-0.62
-0.86-0.75-0.66-0.790.91-0.9-0.87-0.44-0.32-0.83-0.44-0.06-0.06-0.87-0.9-0.16-0.69-0.75-0.86-0.580.730.13-0.46-0.590.87
-0.83-0.74-0.43-0.790.93-0.89-0.86-0.23-0.26-0.75-0.490.030.03-0.81-0.95-0.01-0.83-0.75-0.81-0.630.590.28-0.26-0.620.87
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Avalon GloboCare Account Relationship Matchups

Avalon GloboCare fundamental ratios Accounts

201920202021202220232024 (projected)
Short Long Term Debt Total3.2M3.7M3.3M4.6M8.5M8.9M
Total Current Liabilities2.8M2.6M4.4M3.6M6.8M7.1M
Total Stockholder Equity4.5M4.1M3.1M11.2M7.4M5.9M
Net Debt2.4M3.0M2.5M2.6M8.2M8.6M
Retained Earnings(29.4M)(42.0M)(51.1M)(63.1M)(79.8M)(75.8M)
Non Current Liabilities Total3.2M3.7M2.8M5.0M6.5M6.8M
Total Liab6.0M6.2M7.2M8.6M13.2M13.9M
Common Stock7.7K8.3K8.9K1.0K1.1K1.0K
Total Assets10.5M10.4M10.2M19.8M20.6M12.4M
Accounts Payable84.3K87.2K0.011.8K13.6K12.9K
Cash764.9K726.6K807.5K2.0M285.4K271.1K
Cash And Short Term Investments764.9K726.6K807.5K2.0M285.4K271.1K
Common Stock Shares Outstanding7.5M8.0M8.5M9.3M10.5M7.7M
Liabilities And Stockholders Equity10.5M10.4M10.2M19.8M20.6M12.4M
Other Stockholder Equity34.1M46.3M54.4M65.4M67.4M37.4M
Total Current Assets1.6M1.3M1.3M2.4M285.4K271.1K
Other Current Liab2.8M2.4M4.0M3.5M4.6M2.9M
Property Plant And Equipment Net601.4K616.4K506.9K149.2K166.3K321.5K
Non Current Assets Total8.9M9.1M8.9M17.4M20.3M11.5M
Net Receivables243.9K35.4K90.9K134.6K234.7K125.2K
Inventory504.2K493.3K430.0K(390.3K)(351.3K)(333.7K)
Other Current Assets58.2K(528.7K)(520.8K)248.0K155.7K163.5K
Accumulated Other Comprehensive Income(251.2K)(183.9K)(158.7K)(206.6K)(225.1K)(236.4K)
Non Currrent Assets Other7.8M7.9M7.9M16.7M844.4K802.2K
Long Term Debt3.2M3.6M2.8M4.6M6.4M3.9M
Net Invested Capital7.7M7.7M6.2M6.7M(4.3M)(4.0M)
Long Term Investments483.1K521.8K515.6K485.0K12.1M12.7M
Capital Stock7.7K8.3K8.9K9.0M20.0M21.0M
Net Working Capital(1.3M)(1.3M)(3.1M)(1.2M)(5.9M)(5.6M)

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