AVALON Interest Expense vs Cost Of Revenue 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 Interest Expense and its Cost Of Revenue 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.
Interest Expense vs Cost Of Revenue
Interest Expense vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AVALON TECHNOLOGIES LTD Interest Expense account and Cost Of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between AVALON TECHNOLOGIES's Interest Expense and Cost Of Revenue is -0.25. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Cost Of Revenue 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 Interest Expense and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of AVALON TECHNOLOGIES LTD are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Interest Expense i.e., AVALON TECHNOLOGIES's Interest Expense and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.25 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Cost Of Revenue
Cost of Revenue is found on AVALON TECHNOLOGIES LTD income statement and represents the costs associated with goods and services AVALON TECHNOLOGIES provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.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 Expense | 152.1M | 347.9M | 101.4M | 175.3M | Depreciation And Amortization | 180.0M | 196.6M | 229.0M | 202.0M |
AVALON TECHNOLOGIES fundamental ratios Correlations
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AVALON TECHNOLOGIES Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.