AVALON Other Operating Expenses vs Selling And Marketing 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 Other Operating Expenses and its Selling And Marketing 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.
Other Operating Expenses vs Selling And Marketing Expenses
Other Operating Expenses vs Selling And Marketing Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AVALON TECHNOLOGIES LTD Other Operating Expenses account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between AVALON TECHNOLOGIES's Other Operating Expenses and Selling And Marketing Expenses is 0.72. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Selling And Marketing 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 Other Operating Expenses and Selling And Marketing 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 Other Operating Expenses of AVALON TECHNOLOGIES LTD are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Other Operating Expenses i.e., AVALON TECHNOLOGIES's Other Operating Expenses and Selling And Marketing Expenses go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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.Selling And Marketing 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 |
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.