American Interest Expense vs Income Before Tax Analysis
AVD Stock | USD 5.91 0.22 3.59% |
American Vanguard financial indicator trend analysis is way more than just evaluating American Vanguard prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Vanguard is a good investment. Please check the relationship between American Vanguard Interest Expense and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Vanguard. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For information on how to trade American Stock refer to our How to Trade American Stock guide.
Interest Expense vs Income Before Tax
Interest Expense vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Vanguard Interest Expense account and Income Before Tax. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between American Vanguard's Interest Expense and Income Before Tax is -0.23. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of American Vanguard, assuming nothing else is changed. The correlation between historical values of American Vanguard's Interest Expense and Income Before Tax 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 American Vanguard are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Interest Expense i.e., American Vanguard's Interest Expense and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.23 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on American Vanguard income statement and is an important metric when analyzing American Vanguard profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most indicators from American Vanguard's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Vanguard 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 American Vanguard. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For information on how to trade American Stock refer to our How to Trade American Stock guide.At present, American Vanguard's Enterprise Value is projected to increase significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 213.2M | 241.4M | 179.2M | 91.7M | Total Revenue | 556.9M | 609.6M | 579.4M | 608.3M |
American Vanguard fundamental ratios Correlations
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American Vanguard Account Relationship Matchups
High Positive Relationship
High Negative Relationship
American Vanguard fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 670.1M | 667.2M | 694.2M | 726.3M | 767.5M | 805.9M | |
Short Long Term Debt Total | 160.2M | 119.8M | 78.1M | 76.2M | 162.1M | 170.2M | |
Other Current Liab | 62.0M | 64.3M | 79.7M | 71.2M | 72.3M | 75.9M | |
Total Current Liabilities | 138.6M | 161.0M | 223.1M | 266.6M | 230.5M | 242.0M | |
Total Stockholder Equity | 344.2M | 360.7M | 372.7M | 370.0M | 370.0M | 388.5M | |
Property Plant And Equipment Net | 67.8M | 77.6M | 91.5M | 95.2M | 97.0M | 101.8M | |
Net Debt | 153.6M | 103.9M | 61.8M | 55.9M | 150.7M | 158.2M | |
Retained Earnings | 274.1M | 288.2M | 304.4M | 328.7M | 332.9M | 349.5M | |
Cash | 6.6M | 15.9M | 16.3M | 20.3M | 11.4M | 6.1M | |
Non Current Assets Total | 333.9M | 345.8M | 352.2M | 337.7M | 335.5M | 352.3M | |
Non Currrent Assets Other | 21.2M | 18.6M | 13.4M | 7.9M | 12.0M | 9.8M | |
Cash And Short Term Investments | 6.6M | 15.9M | 16.3M | 20.3M | 11.4M | 6.1M | |
Net Receivables | 155.8M | 138.5M | 158.9M | 168.2M | 194.8M | 204.5M | |
Common Stock Shares Outstanding | 29.7M | 30.0M | 30.4M | 29.9M | 28.5M | 28.3M | |
Liabilities And Stockholders Equity | 670.1M | 667.2M | 694.2M | 726.3M | 767.5M | 805.9M | |
Non Current Liabilities Total | 187.3M | 145.5M | 98.4M | 89.7M | 167.0M | 175.4M | |
Inventory | 163.3M | 163.8M | 154.3M | 184.2M | 219.6M | 230.5M | |
Other Current Assets | 10.5M | 13.5M | 12.5M | 15.9M | 6.3M | 5.8M | |
Other Stockholder Equity | 72.4M | 78.5M | 78.7M | 50.0M | 39.6M | 35.2M | |
Total Liab | 325.9M | 306.4M | 321.4M | 356.3M | 397.5M | 417.4M | |
Property Plant And Equipment Gross | 67.8M | 77.6M | 91.5M | 95.2M | 217.6M | 228.5M | |
Total Current Assets | 336.2M | 321.4M | 342M | 388.6M | 432.0M | 453.6M | |
Accumulated Other Comprehensive Income | (5.7M) | (9.3M) | (13.8M) | (12.2M) | (6.0M) | (6.3M) | |
Short Term Debt | 4.9M | 4.2M | 10.1M | 10.6M | 12.2M | 9.2M | |
Intangible Assets | 198.4M | 197.5M | 197.8M | 184.7M | 172.5M | 181.1M | |
Accounts Payable | 64.9M | 59.3M | 67.1M | 69M | 68.8M | 72.3M | |
Common Stock Total Equity | 3.3M | 3.4M | 3.4M | 3.4M | 4.0M | 2.7M | |
Common Stock | 3.3M | 3.4M | 3.4M | 3.4M | 3.5M | 2.7M | |
Other Liab | 32.0M | 29.9M | 25.3M | 18.8M | 21.6M | 13.3M | |
Other Assets | 21.2M | 700.5M | 28.8M | 10.9M | 1.0 | 0.95 | |
Long Term Debt | 148.8M | 107.4M | 52.2M | 51.5M | 138.9M | 145.8M | |
Property Plant Equipment | 56.5M | 77.6M | 91.5M | 70.9M | 81.5M | 47.8M | |
Current Deferred Revenue | 6.8M | 32.7M | 63.1M | 110.6M | 65.6M | 68.8M | |
Net Tangible Assets | 99.2M | 111.1M | 128.6M | 138.3M | 159.1M | 136.7M | |
Good Will | 46.6M | 52.1M | 46.3M | 47.0M | 51.2M | 53.8M | |
Retained Earnings Total Equity | 274.1M | 288.2M | 304.4M | 328.7M | 378.1M | 266.5M | |
Capital Surpluse | 90.6M | 96.6M | 101.5M | 105.6M | 121.5M | 84.3M |
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Is Fertilizers & Agricultural Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of American Vanguard. If investors know American will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about American Vanguard listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.18) | Dividend Share 0.03 | Earnings Share (1.04) | Revenue Per Share 19.807 | Quarterly Revenue Growth (0.21) |
The market value of American Vanguard is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Vanguard's value that differs from its market value or its book value, called intrinsic value, which is American Vanguard's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Vanguard's market value can be influenced by many factors that don't directly affect American Vanguard's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Vanguard's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Vanguard is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Vanguard's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.