AeroVironment Total Stockholder Equity vs Short Term Investments Analysis

AVAV Stock  USD 193.11  2.80  1.43%   
AeroVironment financial indicator trend analysis is way more than just evaluating AeroVironment prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AeroVironment is a good investment. Please check the relationship between AeroVironment Total Stockholder Equity and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AeroVironment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy AeroVironment Stock please use our How to Invest in AeroVironment guide.

Total Stockholder Equity vs Short Term Investments

Total Stockholder Equity vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AeroVironment Total Stockholder Equity account and Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between AeroVironment's Total Stockholder Equity and Short Term Investments is -0.37. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of AeroVironment, assuming nothing else is changed. The correlation between historical values of AeroVironment's Total Stockholder Equity and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of AeroVironment are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Stockholder Equity i.e., AeroVironment's Total Stockholder Equity and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.37
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Short Term Investments

Short Term Investments is an item under the current assets section of AeroVironment balance sheet. It contains any investments AeroVironment undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that AeroVironment can easily liquidate in the marketplace.
Most indicators from AeroVironment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AeroVironment 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 AeroVironment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy AeroVironment Stock please use our How to Invest in AeroVironment guide.At this time, AeroVironment's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.22 in 2024, whereas Discontinued Operations is likely to drop (320 K) in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit141.2M173.5M283.3M297.4M
Total Revenue445.7M540.5M716.7M752.6M

AeroVironment fundamental ratios Correlations

0.97-0.150.690.890.770.740.930.930.610.940.410.490.590.810.210.920.790.45-0.180.910.660.870.820.810.66
0.97-0.290.740.920.60.550.860.90.450.840.280.30.580.870.280.830.830.35-0.080.920.460.860.760.850.72
-0.15-0.29-0.11-0.230.260.25-0.05-0.12-0.06-0.070.350.23-0.22-0.26-0.04-0.11-0.350.120.01-0.190.31-0.05-0.23-0.41-0.02
0.690.74-0.110.540.480.340.480.520.380.50.02-0.010.730.490.480.450.420.320.390.530.320.540.380.370.9
0.890.92-0.230.540.490.450.840.950.30.790.430.370.220.970.030.80.80.1-0.350.960.330.960.750.950.53
0.770.60.260.480.490.950.780.680.830.880.60.760.520.390.040.850.420.6-0.270.570.970.580.670.410.44
0.740.550.250.340.450.950.740.640.860.870.520.820.480.34-0.010.860.370.59-0.320.520.980.540.670.40.28
0.930.86-0.050.480.840.780.740.940.540.940.630.550.430.780.140.910.780.46-0.360.930.680.830.760.80.53
0.930.9-0.120.520.950.680.640.940.470.90.570.530.280.920.010.890.780.24-0.420.970.540.940.820.90.51
0.610.45-0.060.380.30.830.860.540.470.770.280.770.530.2-0.150.770.210.42-0.310.340.860.370.630.320.16
0.940.84-0.070.50.790.880.870.940.90.770.560.730.480.71-0.010.990.670.45-0.420.840.810.820.830.770.44
0.410.280.350.020.430.60.520.630.570.280.560.56-0.150.38-0.180.510.360.31-0.570.510.530.580.350.380.14
0.490.30.23-0.010.370.760.820.550.530.770.730.560.030.3-0.570.760.130.18-0.740.390.810.480.580.42-0.15
0.590.58-0.220.730.220.520.480.430.280.530.48-0.150.030.130.630.430.410.710.510.320.490.170.350.140.72
0.810.87-0.260.490.970.390.340.780.920.20.710.380.30.13-0.010.720.79-0.04-0.370.920.220.90.750.950.47
0.210.28-0.040.480.030.04-0.010.140.01-0.15-0.01-0.18-0.570.63-0.01-0.090.370.550.810.110.0-0.05-0.04-0.130.68
0.920.83-0.110.450.80.850.860.910.890.770.990.510.760.430.72-0.090.660.37-0.480.820.790.810.860.80.37
0.790.83-0.350.420.80.420.370.780.780.210.670.360.130.410.790.370.660.42-0.090.840.30.690.770.790.58
0.450.350.120.320.10.60.590.460.240.420.450.310.180.71-0.040.550.370.420.310.280.630.140.290.00.53
-0.18-0.080.010.39-0.35-0.27-0.32-0.36-0.42-0.31-0.42-0.57-0.740.51-0.370.81-0.48-0.090.31-0.33-0.27-0.42-0.38-0.510.5
0.910.92-0.190.530.960.570.520.930.970.340.840.510.390.320.920.110.820.840.28-0.330.420.920.750.910.58
0.660.460.310.320.330.970.980.680.540.860.810.530.810.490.220.00.790.30.63-0.270.420.440.60.280.27
0.870.86-0.050.540.960.580.540.830.940.370.820.580.480.170.9-0.050.810.690.14-0.420.920.440.690.880.5
0.820.76-0.230.380.750.670.670.760.820.630.830.350.580.350.75-0.040.860.770.29-0.380.750.60.690.780.34
0.810.85-0.410.370.950.410.40.80.90.320.770.380.420.140.95-0.130.80.790.0-0.510.910.280.880.780.34
0.660.72-0.020.90.530.440.280.530.510.160.440.14-0.150.720.470.680.370.580.530.50.580.270.50.340.34
Click cells to compare fundamentals

AeroVironment Account Relationship Matchups

AeroVironment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets585.0M928.6M914.2M824.6M1.0B1.1B
Total Stockholder Equity509.9M612.1M608.0M551.0M822.7M863.9M
Other Assets5.1M12.5M9.1M32.4M1.00.95
Common Stock Shares Outstanding24.1M24.4M24.7M25.0M27.3M22.9M
Liabilities And Stockholders Equity585.0M928.6M914.2M824.6M1.0B1.1B
Other Stockholder Equity181.5M260.3M267.2M384.4M597.6M627.5M
Total Liab75.1M316.5M306.0M273.6M193.1M98.3M
Other Current Liab35.8M41.0M48.8M47.0M51.5M54.1M
Total Current Liabilities67.0M96.2M101.4M121.3M144.9M152.1M
Other Liab1.3M13.7M14.0M5.2M6.0M4.8M
Property Plant And Equipment Net30.5M81.8M89.1M67.2M76.6M80.5M
Current Deferred Revenue7.9M7.2M9.0M16.6M11.2M6.6M
Net Debt(244.9M)74.0M139.3M30.0M(13.6M)(14.3M)
Retained Earnings328.1M351.4M347.2M171.0M230.7M202.6M
Accounts Payable19.9M24.8M19.2M31.4M48.3M50.7M
Cash255.1M148.7M77.2M132.9M73.3M108.7M
Non Current Assets Total81.0M526.9M545.3M347.6M500.3M525.3M
Non Currrent Assets Other10.6M10.4M1.9M5.2M13.4M14.0M
Cash And Short Term Investments302.6M180.7M101.9M132.9M73.3M69.6M
Net Receivables149.5M134.3M164.8M193.3M269.8M283.3M
Non Current Liabilities Total8.1M220.3M204.6M152.3M48.2M37.6M
Inventory45.5M71.6M90.6M138.8M150.2M157.7M
Other Current Assets6.2M28.3M11.5M12.0M22.3M23.4M
Property Plant And Equipment Gross30.5M81.8M89.1M67.2M251.8M264.4M
Total Current Assets503.9M401.6M368.9M477.0M515.6M343.3M
Accumulated Other Comprehensive Income328K343K(6.5M)(4.5M)(5.6M)(5.9M)
Short Term Debt3.4M22.3M23.6M24.0M29.7M17.4M
Property Plant Equipment21.7M81.8M90.2M67.2M77.2M81.1M
Short Term Investments113.6M150.5M47.5M32.0M24.7M0.0
Net Tangible Assets496.8M191.6M163.4M347.8M313.0M274.8M
Noncontrolling Interest In Consolidated Entity23K4K14K241K277.2K291.0K
Good Will6.3M314.2M334.3M180.8M275.7M289.4M
Retained Earnings Total Equity328.1M351.4M347.2M171.0M196.7M248.5M
Capital Surpluse181.5M260.3M267.2M384.4M442.1M464.2M
Deferred Long Term Liab1.6M1.2M2.6M1.7M2.0M1.5M
Long Term Investments15.0M12.2M15.4M23.6M21.0M27.0M
Non Current Liabilities Other1.3M13.7M2.2M3.5M7.7M3.9M

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