Avalon Research Development vs Total Other Income Expense Net Analysis

ALBT Stock   2.70  0.21  8.43%   
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 Research Development and its Total Other Income Expense Net 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.

Research Development vs Total Other Income Expense Net

Research Development vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avalon GloboCare Corp Research Development account and Total Other Income Expense Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Avalon GloboCare's Research Development and Total Other Income Expense Net is 0.54. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Total Other Income Expense Net 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 Research Development and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Avalon GloboCare Corp are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Research Development i.e., Avalon GloboCare's Research Development and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Research Development

Total Other Income Expense Net

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

0.890.520.91-0.950.970.970.680.060.780.270.030.030.790.820.020.770.490.830.62-0.80.050.130.25-0.86-0.83
0.890.590.77-0.850.890.960.70.230.820.150.210.210.810.760.150.920.470.850.51-0.83-0.030.030.22-0.75-0.74
0.520.590.25-0.530.580.590.50.390.890.140.690.690.810.650.710.550.330.820.26-0.850.210.660.61-0.66-0.43
0.910.770.25-0.90.90.880.46-0.170.580.24-0.37-0.370.550.72-0.370.650.460.680.63-0.630.020.010.14-0.79-0.79
-0.95-0.85-0.53-0.9-0.97-0.96-0.48-0.08-0.81-0.270.020.02-0.82-0.930.01-0.81-0.57-0.87-0.60.780.07-0.21-0.460.910.93
0.970.890.580.9-0.970.980.550.090.840.340.040.040.830.880.030.820.560.890.63-0.830.030.270.41-0.9-0.89
0.970.960.590.88-0.960.980.630.150.850.270.090.090.840.860.070.880.550.890.6-0.850.00.160.34-0.87-0.86
0.680.70.50.46-0.480.550.630.130.54-0.120.380.380.550.320.320.450.040.510.28-0.650.25-0.14-0.25-0.44-0.23
0.060.230.39-0.17-0.080.090.150.130.350.520.590.590.560.310.690.340.690.24-0.05-0.03-0.610.310.4-0.32-0.26
0.780.820.890.58-0.810.840.850.540.350.270.460.460.950.890.460.830.50.990.52-0.910.060.480.6-0.83-0.75
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
0.030.210.69-0.370.020.040.090.380.590.460.031.00.490.160.970.240.040.3-0.14-0.350.070.360.34-0.060.03
0.030.210.69-0.370.020.040.090.380.590.460.031.00.490.160.970.240.040.3-0.14-0.350.070.360.34-0.060.03
0.790.810.810.55-0.820.830.840.550.560.950.410.490.490.90.530.840.670.920.49-0.78-0.160.430.6-0.87-0.81
0.820.760.650.72-0.930.880.860.320.310.890.370.160.160.90.20.840.660.920.56-0.74-0.20.370.68-0.9-0.95
0.020.150.71-0.370.010.030.070.320.690.460.150.970.970.530.20.190.180.31-0.11-0.310.00.480.43-0.16-0.01
0.770.920.550.65-0.810.820.880.450.340.830.260.240.240.840.840.190.550.860.55-0.72-0.180.070.41-0.69-0.83
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
0.830.850.820.68-0.870.890.890.510.240.990.260.30.30.920.920.310.860.50.58-0.910.060.420.58-0.86-0.81
0.620.510.260.63-0.60.630.60.28-0.050.520.34-0.14-0.140.490.56-0.110.550.350.58-0.430.330.110.21-0.58-0.63
-0.8-0.83-0.85-0.630.78-0.83-0.85-0.65-0.03-0.910.02-0.35-0.35-0.78-0.74-0.31-0.72-0.23-0.91-0.43-0.32-0.37-0.410.730.59
0.05-0.030.210.020.070.030.00.25-0.610.06-0.370.070.07-0.16-0.20.0-0.18-0.590.060.33-0.320.12-0.190.130.28
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
0.250.220.610.14-0.460.410.34-0.250.40.60.40.340.340.60.680.430.410.580.580.21-0.41-0.190.76-0.57-0.61
-0.86-0.75-0.66-0.790.91-0.9-0.87-0.44-0.32-0.83-0.44-0.06-0.06-0.87-0.9-0.16-0.69-0.75-0.86-0.580.730.13-0.46-0.570.87
-0.83-0.74-0.43-0.790.93-0.89-0.86-0.23-0.26-0.75-0.490.030.03-0.81-0.95-0.01-0.83-0.75-0.81-0.630.590.28-0.26-0.610.87
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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 Total8.9M9.1M8.9M17.4M19.9M11.5M
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 Other7.8M7.9M7.9M16.7M454.0K431.3K
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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