AVALON Net Income vs Total Operating Expenses Analysis

AVALON Stock

905.90 34.15 3.92%

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 Net Income and its Total 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.

Net Income vs Total Operating Expenses

Net Income vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AVALON TECHNOLOGIES LTD Net Income account and Total Operating Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between AVALON TECHNOLOGIES's Net Income and Total Operating Expenses is -0.43. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total 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 Net Income and Total 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 Net Income of AVALON TECHNOLOGIES LTD are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Net Income i.e., AVALON TECHNOLOGIES's Net Income and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.43

Relationship Direction	Negative
Relationship Strength	Very Weak

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in AVALON TECHNOLOGIES LTD financial statement analysis. It represents the amount of money remaining after all of AVALON TECHNOLOGIES LTD operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

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

Interest Expense Depreciation And Amortization

AVALON TECHNOLOGIES fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Total Assets		0.07	0.84	0.38	0.97	0.92	0.75	-0.93	0.92	-0.43	0.9	0.83	0.95	0.96	0.85	0.78	0.9	0.79	0.98	-0.75	0.68	0.65	1.0	-0.16	0.97	0.9
Short Long Term Debt Total	0.07		0.46	0.88	-0.14	-0.28	0.25	-0.06	-0.1	0.6	0.32	-0.47	-0.18	0.19	0.18	-0.46	-0.33	0.14	-0.01	0.45	-0.63	0.63	0.13	0.95	-0.07	-0.33
Other Current Liab	0.84	0.46		0.77	0.71	0.57	0.58	-0.9	0.6	0.06	0.98	0.43	0.72	0.94	0.63	0.34	0.62	0.56	0.76	-0.59	0.28	0.9	0.87	0.33	0.79	0.62
Total Current Liabilities	0.38	0.88	0.77		0.19	0.0	0.3	-0.47	0.11	0.58	0.67	-0.17	0.19	0.55	0.25	-0.26	-0.01	0.17	0.29	0.0	-0.38	0.79	0.44	0.84	0.29	-0.01
Total Stockholder Equity	0.97	-0.14	0.71	0.19		0.97	0.65	-0.9	0.94	-0.52	0.81	0.93	0.99	0.9	0.77	0.85	0.92	0.72	0.96	-0.81	0.76	0.44	0.95	-0.37	0.99	0.92
Property Plant And Equipment Net	0.92	-0.28	0.57	0.0	0.97		0.71	-0.79	0.97	-0.71	0.68	0.97	0.95	0.79	0.8	0.95	0.95	0.77	0.95	-0.78	0.87	0.34	0.89	-0.51	0.93	0.95
Current Deferred Revenue	0.75	0.25	0.58	0.3	0.65	0.71		-0.49	0.84	-0.56	0.56	0.53	0.6	0.59	0.9	0.68	0.63	0.88	0.82	-0.27	0.5	0.63	0.76	0.01	0.59	0.63
Net Debt	-0.93	-0.06	-0.9	-0.47	-0.9	-0.79	-0.49		-0.74	0.18	-0.96	-0.74	-0.92	-0.99	-0.62	-0.6	-0.83	-0.55	-0.86	0.85	-0.57	-0.65	-0.93	0.08	-0.96	-0.83
Retained Earnings	0.92	-0.1	0.6	0.11	0.94	0.97	0.84	-0.74		-0.68	0.68	0.9	0.91	0.77	0.87	0.91	0.88	0.84	0.97	-0.63	0.76	0.42	0.9	-0.37	0.88	0.88
Accounts Payable	-0.43	0.6	0.06	0.58	-0.52	-0.71	-0.56	0.18	-0.68		-0.04	-0.72	-0.48	-0.18	-0.61	-0.89	-0.69	-0.66	-0.53	0.41	-0.86	0.08	-0.39	0.78	-0.41	-0.69
Cash	0.9	0.32	0.98	0.67	0.81	0.68	0.56	-0.96	0.68	-0.04		0.57	0.82	0.98	0.66	0.46	0.72	0.59	0.82	-0.7	0.4	0.81	0.92	0.18	0.88	0.72
Non Current Assets Total	0.83	-0.47	0.43	-0.17	0.93	0.97	0.53	-0.74	0.9	-0.72	0.57		0.93	0.7	0.66	0.95	0.92	0.64	0.86	-0.82	0.9	0.14	0.79	-0.67	0.88	0.92
Non Currrent Assets Other	0.95	-0.18	0.72	0.19	0.99	0.95	0.6	-0.92	0.91	-0.48	0.82	0.93		0.9	0.7	0.83	0.92	0.64	0.95	-0.86	0.76	0.43	0.93	-0.37	0.98	0.92
Cash And Short Term Investments	0.96	0.19	0.94	0.55	0.9	0.79	0.59	-0.99	0.77	-0.18	0.98	0.7	0.9		0.71	0.59	0.81	0.64	0.89	-0.77	0.52	0.72	0.96	0.01	0.95	0.81
Net Receivables	0.85	0.18	0.63	0.25	0.77	0.8	0.9	-0.62	0.87	-0.61	0.66	0.66	0.7	0.71		0.77	0.76	0.99	0.83	-0.4	0.6	0.62	0.85	-0.11	0.75	0.77
Common Stock Shares Outstanding	0.78	-0.46	0.34	-0.26	0.85	0.95	0.68	-0.6	0.91	-0.89	0.46	0.95	0.83	0.59	0.77		0.92	0.78	0.84	-0.7	0.94	0.18	0.74	-0.68	0.78	0.92
Short Term Investments	0.9	-0.33	0.62	-0.01	0.92	0.95	0.63	-0.83	0.88	-0.69	0.72	0.92	0.92	0.81	0.76	0.92		0.75	0.9	-0.88	0.92	0.44	0.88	-0.51	0.91	1.0
Non Current Liabilities Total	0.79	0.14	0.56	0.17	0.72	0.77	0.88	-0.55	0.84	-0.66	0.59	0.64	0.64	0.64	0.99	0.78	0.75		0.79	-0.37	0.62	0.59	0.79	-0.15	0.69	0.75
Inventory	0.98	-0.01	0.76	0.29	0.96	0.95	0.82	-0.86	0.97	-0.53	0.82	0.86	0.95	0.89	0.83	0.84	0.9	0.79		-0.73	0.73	0.57	0.97	-0.24	0.93	0.9
Other Current Assets	-0.75	0.45	-0.59	0.0	-0.81	-0.78	-0.27	0.85	-0.63	0.41	-0.7	-0.82	-0.86	-0.77	-0.4	-0.7	-0.88	-0.37	-0.73		-0.81	-0.31	-0.73	0.5	-0.84	-0.88
Other Stockholder Equity	0.68	-0.63	0.28	-0.38	0.76	0.87	0.5	-0.57	0.76	-0.86	0.4	0.9	0.76	0.52	0.6	0.94	0.92	0.62	0.73	-0.81		0.13	0.64	-0.77	0.71	0.92
Total Liab	0.65	0.63	0.9	0.79	0.44	0.34	0.63	-0.65	0.42	0.08	0.81	0.14	0.43	0.72	0.62	0.18	0.44	0.59	0.57	-0.31	0.13		0.7	0.53	0.52	0.44
Total Current Assets	1.0	0.13	0.87	0.44	0.95	0.89	0.76	-0.93	0.9	-0.39	0.92	0.79	0.93	0.96	0.85	0.74	0.88	0.79	0.97	-0.73	0.64	0.7		-0.09	0.96	0.87
Short Term Debt	-0.16	0.95	0.33	0.84	-0.37	-0.51	0.01	0.08	-0.37	0.78	0.18	-0.67	-0.37	0.01	-0.11	-0.68	-0.51	-0.15	-0.24	0.5	-0.77	0.53	-0.09		-0.28	-0.51
Intangible Assets	0.97	-0.07	0.79	0.29	0.99	0.93	0.59	-0.96	0.88	-0.41	0.88	0.88	0.98	0.95	0.75	0.78	0.91	0.69	0.93	-0.84	0.71	0.52	0.96	-0.28		0.91
Common Stock	0.9	-0.33	0.62	-0.01	0.92	0.95	0.63	-0.83	0.88	-0.69	0.72	0.92	0.92	0.81	0.77	0.92	1.0	0.75	0.9	-0.88	0.92	0.44	0.87	-0.51	0.91

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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.

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AVALON Net Income vs Total Operating Expenses Analysis

Net Income vs Total Operating Expenses

Net Income vs Total Operating Expenses Correlation Analysis

Correlation Coefficient

Net Income

Total Operating Expenses

AVALON TECHNOLOGIES fundamental ratios Correlations

AVALON TECHNOLOGIES Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in AVALON Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Common Stock	+ 1.0	Short Term Investments
Non Currrent Assets Other	+ 0.99	Total Stockholder Equity
Intangible Assets	+ 0.99	Total Stockholder Equity
Non Current Liabilities Total	+ 0.99	Net Receivables
Inventory	+ 0.98	Total Assets

Cash And Short Term Investments	- 0.99	Net Debt
Intangible Assets	- 0.96	Net Debt
Cash	- 0.96	Net Debt
Total Current Assets	- 0.93	Net Debt
Net Debt	- 0.93	Total Assets
Non Currrent Assets Other	- 0.92	Net Debt