AvidXchange Historical Balance Sheet

AVDX Stock  USD 11.46  0.13  1.12%   
Trend analysis of AvidXchange Holdings balance sheet accounts such as Net Tangible Assets of 474.3 M, Accounts Payable of 10.6 M or Total Current Assets of 2.2 B provides information on AvidXchange Holdings' total assets, liabilities, and equity, which is the actual value of AvidXchange Holdings to its prevalent stockholders. By breaking down trends over time using AvidXchange Holdings balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining AvidXchange Holdings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether AvidXchange Holdings is a good buy for the upcoming year.

AvidXchange Holdings Inventory

1.55 Billion

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AvidXchange Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy AvidXchange Stock please use our How to Invest in AvidXchange Holdings guide.

About AvidXchange Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of AvidXchange Holdings at a specified time, usually calculated after every quarter, six months, or one year. AvidXchange Holdings Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of AvidXchange Holdings 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 AvidXchange currently owns. An asset can also be divided into two categories, current and non-current.

AvidXchange Holdings Balance Sheet Chart

At this time, AvidXchange Holdings' Common Stock Shares Outstanding is fairly stable compared to the past year. Capital Lease Obligations is likely to rise to about 75.6 M in 2024, despite the fact that Retained Earnings are likely to grow to (971.1 M).

Accounts Payable

An accounting item on the balance sheet that represents AvidXchange Holdings obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of AvidXchange Holdings are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most accounts from AvidXchange Holdings' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into AvidXchange Holdings current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 AvidXchange Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy AvidXchange Stock please use our How to Invest in AvidXchange Holdings guide.At this time, AvidXchange Holdings' Common Stock Shares Outstanding is fairly stable compared to the past year. Capital Lease Obligations is likely to rise to about 75.6 M in 2024, despite the fact that Retained Earnings are likely to grow to (971.1 M).
 2021 2022 2023 2024 (projected)
Total Current Assets1.9B1.8B2.1B2.2B
Accounts Payable17.1M13.5M16.8M10.6M

AvidXchange Holdings balance sheet Correlations

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-0.93-0.41-0.86-0.95-0.96-0.92-0.99-0.61-0.92-0.89-0.97-0.90.05-0.89-0.93-0.940.84-0.81-0.93-0.940.36-0.88-0.92-0.56-0.11
0.63-0.03-0.860.680.70.630.870.740.820.650.920.640.310.620.70.72-0.590.620.680.68-0.070.640.680.250.42
1.00.66-0.950.681.01.00.950.430.860.950.870.97-0.170.960.980.96-0.930.890.980.98-0.40.950.970.66-0.01
0.990.64-0.960.71.00.990.960.490.870.950.890.97-0.140.970.980.96-0.930.890.980.99-0.370.960.970.630.03
1.00.71-0.920.631.00.990.920.360.830.940.820.97-0.240.960.970.96-0.920.870.970.97-0.450.940.970.69-0.07
0.920.41-0.990.870.950.960.920.620.890.880.960.90.040.90.950.91-0.880.870.930.93-0.240.90.910.560.2
0.36-0.12-0.610.740.430.490.360.620.570.50.710.450.550.490.520.46-0.420.490.520.510.280.530.42-0.140.63
0.840.36-0.920.820.860.870.830.890.570.840.90.85-0.020.820.830.88-0.750.730.840.85-0.330.80.860.410.12
0.940.7-0.890.650.950.950.940.880.50.840.830.99-0.020.990.940.97-0.910.90.970.96-0.30.970.990.40.14
0.830.24-0.970.920.870.890.820.960.710.90.830.830.090.810.850.87-0.770.770.850.85-0.240.820.850.40.23
0.970.72-0.90.640.970.970.970.90.450.850.990.83-0.080.990.960.97-0.930.910.980.97-0.340.970.990.490.08
-0.23-0.320.050.31-0.17-0.14-0.240.040.55-0.02-0.020.09-0.08-0.02-0.03-0.14-0.060.21-0.04-0.080.890.07-0.11-0.610.99
0.960.74-0.890.620.960.970.960.90.490.820.990.810.99-0.020.970.94-0.960.940.990.98-0.250.990.970.480.14
0.970.66-0.930.70.980.980.970.950.520.830.940.850.96-0.030.970.94-0.950.920.990.99-0.260.970.950.60.14
0.960.62-0.940.720.960.960.960.910.460.880.970.870.97-0.140.940.94-0.860.820.960.97-0.460.920.990.520.01
-0.92-0.730.84-0.59-0.93-0.93-0.92-0.88-0.42-0.75-0.91-0.77-0.93-0.06-0.96-0.95-0.86-0.99-0.94-0.920.1-0.98-0.91-0.55-0.22
0.870.67-0.810.620.890.890.870.870.490.730.90.770.910.210.940.920.82-0.990.920.890.030.970.890.430.36
0.970.69-0.930.680.980.980.970.930.520.840.970.850.98-0.040.990.990.96-0.940.921.0-0.290.980.970.550.12
0.980.67-0.940.680.980.990.970.930.510.850.960.850.97-0.080.980.990.97-0.920.891.0-0.340.970.960.580.08
-0.45-0.320.36-0.07-0.4-0.37-0.45-0.240.28-0.33-0.3-0.24-0.340.89-0.25-0.26-0.460.10.03-0.29-0.34-0.14-0.39-0.580.84
0.940.71-0.880.640.950.960.940.90.530.80.970.820.970.070.990.970.92-0.980.970.980.97-0.140.950.470.24
0.970.69-0.920.680.970.970.970.910.420.860.990.850.99-0.110.970.950.99-0.910.890.970.96-0.390.950.510.05
0.690.49-0.560.250.660.630.690.56-0.140.410.40.40.49-0.610.480.60.52-0.550.430.550.58-0.580.470.51-0.5
-0.07-0.21-0.110.42-0.010.03-0.070.20.630.120.140.230.080.990.140.140.01-0.220.360.120.080.840.240.05-0.5
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AvidXchange Holdings Account Relationship Matchups

AvidXchange Holdings balance sheet Accounts

201920202021202220232024 (projected)
Total Current Liabilities99.7M213.1M1.3B1.4B1.7B1.8B
Net Tangible Assets(571.6M)(689.2M)456.7M392.8M451.7M474.3M
Retained Earnings(423.6M)(672.3M)(871.9M)(974.8M)(1.0B)(971.1M)
Accounts Payable10.9M25.4M17.1M13.5M16.8M10.6M
Total Current Assets308.3M432.3M1.9B1.8B2.1B2.2B
Common Stock44.0K50.1K197K199K204K214.2K
Other Current Liab82.9M178.1M1.3B1.4B1.6B1.7B
Other Liab10.4M16.6M26.4M20.9M24.0M25.2M
Other Assets23.6M26.0M32.5M33.5M1.00.95
Other Stockholder Equity11.8M161.1M1.6B1.6B1.7B931.0M
Property Plant Equipment82.1M90.0M109.5M103.9M119.5M84.8M

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Additional Tools for AvidXchange Stock Analysis

When running AvidXchange Holdings' price analysis, check to measure AvidXchange Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AvidXchange Holdings is operating at the current time. Most of AvidXchange Holdings' value examination focuses on studying past and present price action to predict the probability of AvidXchange Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AvidXchange Holdings' price. Additionally, you may evaluate how the addition of AvidXchange Holdings to your portfolios can decrease your overall portfolio volatility.