AVALON Ebitda vs Other Operating Expenses Analysis

AVALON Stock   964.90  26.85  2.86%   
AVALON TECHNOLOGIES financial indicator trend analysis is way more than just evaluating AVALON TECHNOLOGIES LTD prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AVALON TECHNOLOGIES LTD is a good investment. Please check the relationship between AVALON TECHNOLOGIES Ebitda and its Other Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AVALON TECHNOLOGIES LTD. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Ebitda vs Other Operating Expenses

Ebitda vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AVALON TECHNOLOGIES LTD Ebitda account and Other Operating Expenses. At this time, the significance of the direction appears to have very strong relationship.
The correlation between AVALON TECHNOLOGIES's Ebitda and Other Operating Expenses is 0.82. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of AVALON TECHNOLOGIES LTD, assuming nothing else is changed. The correlation between historical values of AVALON TECHNOLOGIES's Ebitda and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of AVALON TECHNOLOGIES LTD are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Ebitda i.e., AVALON TECHNOLOGIES's Ebitda and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Ebitda

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of AVALON TECHNOLOGIES LTD. It is also known as AVALON TECHNOLOGIES overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from AVALON TECHNOLOGIES's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AVALON TECHNOLOGIES LTD 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 TECHNOLOGIES LTD. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
The current year's Selling General Administrative is expected to grow to about 176 M
 2021 2022 2023 2024 (projected)
Interest Expense152.1M347.9M101.4M175.3M
Depreciation And Amortization180.0M196.6M229.0M202.0M

AVALON TECHNOLOGIES fundamental ratios Correlations

0.070.840.380.970.910.75-0.930.92-0.430.90.830.960.960.850.780.90.790.98-0.750.680.651.0-0.160.970.9
0.070.460.88-0.14-0.30.25-0.06-0.10.60.32-0.470.060.190.18-0.46-0.330.14-0.010.45-0.630.630.130.95-0.07-0.33
0.840.460.770.710.550.58-0.90.60.060.980.430.890.940.630.340.620.560.76-0.590.280.90.870.330.790.62
0.380.880.770.19-0.030.3-0.470.110.580.67-0.170.450.550.25-0.26-0.010.170.290.0-0.380.790.440.840.29-0.01
0.97-0.140.710.190.970.65-0.90.94-0.520.810.930.930.90.770.850.920.720.96-0.810.760.440.95-0.370.990.92
0.91-0.30.55-0.030.970.69-0.780.97-0.720.660.980.840.780.790.960.950.760.94-0.780.870.310.88-0.540.920.95
0.750.250.580.30.650.69-0.490.84-0.560.560.530.620.590.90.680.630.880.82-0.270.50.630.760.010.590.63
-0.93-0.06-0.9-0.47-0.9-0.78-0.49-0.740.18-0.96-0.74-0.98-0.99-0.62-0.6-0.83-0.55-0.860.85-0.57-0.65-0.930.08-0.96-0.83
0.92-0.10.60.110.940.970.84-0.74-0.680.680.90.830.770.870.910.880.840.97-0.630.760.420.9-0.370.880.88
-0.430.60.060.58-0.52-0.72-0.560.18-0.68-0.04-0.72-0.27-0.18-0.61-0.89-0.69-0.66-0.530.41-0.860.08-0.390.78-0.41-0.69
0.90.320.980.670.810.660.56-0.960.68-0.040.570.940.980.660.460.720.590.82-0.70.40.810.920.180.880.72
0.83-0.470.43-0.170.930.980.53-0.740.9-0.720.570.780.70.660.950.920.640.86-0.820.90.140.79-0.670.880.92
0.960.060.890.450.930.840.62-0.980.83-0.270.940.780.980.680.670.850.610.94-0.830.620.650.96-0.10.960.85
0.960.190.940.550.90.780.59-0.990.77-0.180.980.70.980.710.590.810.640.89-0.770.520.720.960.010.950.81
0.850.180.630.250.770.790.9-0.620.87-0.610.660.660.680.710.770.760.990.83-0.40.60.620.85-0.110.750.77
0.78-0.460.34-0.260.850.960.68-0.60.91-0.890.460.950.670.590.770.920.780.84-0.70.940.180.74-0.680.780.92
0.9-0.330.62-0.010.920.950.63-0.830.88-0.690.720.920.850.810.760.920.750.9-0.880.920.440.88-0.510.911.0
0.790.140.560.170.720.760.88-0.550.84-0.660.590.640.610.640.990.780.750.79-0.370.620.590.79-0.150.690.75
0.98-0.010.760.290.960.940.82-0.860.97-0.530.820.860.940.890.830.840.90.79-0.730.730.570.97-0.240.930.9
-0.750.45-0.590.0-0.81-0.78-0.270.85-0.630.41-0.7-0.82-0.83-0.77-0.4-0.7-0.88-0.37-0.73-0.81-0.31-0.730.5-0.84-0.88
0.68-0.630.28-0.380.760.870.5-0.570.76-0.860.40.90.620.520.60.940.920.620.73-0.810.130.64-0.770.710.92
0.650.630.90.790.440.310.63-0.650.420.080.810.140.650.720.620.180.440.590.57-0.310.130.70.530.520.44
1.00.130.870.440.950.880.76-0.930.9-0.390.920.790.960.960.850.740.880.790.97-0.730.640.7-0.090.960.87
-0.160.950.330.84-0.37-0.540.010.08-0.370.780.18-0.67-0.10.01-0.11-0.68-0.51-0.15-0.240.5-0.770.53-0.09-0.28-0.51
0.97-0.070.790.290.990.920.59-0.960.88-0.410.880.880.960.950.750.780.910.690.93-0.840.710.520.96-0.280.91
0.9-0.330.62-0.010.920.950.63-0.830.88-0.690.720.920.850.810.770.921.00.750.9-0.880.920.440.87-0.510.91
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AVALON TECHNOLOGIES Account Relationship Matchups

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Other Information on Investing in AVALON Stock

Balance Sheet is a snapshot of the financial position of AVALON TECHNOLOGIES LTD at a specified time, usually calculated after every quarter, six months, or one year. AVALON TECHNOLOGIES Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of AVALON TECHNOLOGIES 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 AVALON currently owns. An asset can also be divided into two categories, current and non-current.