AvidXchange Current Deferred Revenue vs Net Debt Analysis

AVDX Stock

USD 11.15 0.28 2.58%

AvidXchange Holdings financial indicator trend analysis is way more than just evaluating AvidXchange Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AvidXchange Holdings is a good investment. Please check the relationship between AvidXchange Holdings Current Deferred Revenue and its Net Debt accounts. 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.

Current Deferred Revenue vs Net Debt

Current Deferred Revenue vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AvidXchange Holdings Current Deferred Revenue account and Net Debt. At this time, the significance of the direction appears to have pay attention.

The correlation between AvidXchange Holdings' Current Deferred Revenue and Net Debt is -0.86. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Net Debt in the same time period over historical financial statements of AvidXchange Holdings, assuming nothing else is changed. The correlation between historical values of AvidXchange Holdings' Current Deferred Revenue and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of AvidXchange Holdings are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Current Deferred Revenue i.e., AvidXchange Holdings' Current Deferred Revenue and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.86

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from AvidXchange Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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' Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.35 in 2024, whereas Selling General Administrative is likely to drop slightly above 87.5 M in 2024.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	30.7M	32.8M	35.9M	33.2M
Interest Income	661K	7.2M	19.1M	20.0M

Depreciation And Amortization Interest Income

AvidXchange Holdings fundamental ratios Correlations

	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Total Current Assets	Common Stock	Other Current Liab	Other Liab	Other Assets	Net Receivables	Other Stockholder Equity	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total
Total Current Liabilities		0.71	-0.93	0.63	1.0	0.99	1.0	0.92	0.36	0.84	0.94	0.83	0.97	-0.23	0.96	0.97	0.96	-0.92	0.87	0.97	0.98	-0.45	0.94	0.97	0.69	-0.07
Net Tangible Assets	0.71		-0.41	-0.03	0.66	0.64	0.71	0.41	-0.12	0.36	0.7	0.24	0.72	-0.32	0.74	0.66	0.62	-0.73	0.67	0.69	0.67	-0.32	0.71	0.69	0.49	-0.21
Retained Earnings	-0.93	-0.41		-0.86	-0.95	-0.96	-0.92	-0.99	-0.61	-0.92	-0.89	-0.97	-0.9	0.05	-0.89	-0.93	-0.94	0.84	-0.81	-0.93	-0.94	0.36	-0.88	-0.92	-0.56	-0.11
Accounts Payable	0.63	-0.03	-0.86		0.68	0.7	0.63	0.87	0.74	0.82	0.65	0.92	0.64	0.31	0.62	0.7	0.72	-0.59	0.62	0.68	0.68	-0.07	0.64	0.68	0.25	0.42
Total Current Assets	1.0	0.66	-0.95	0.68		1.0	1.0	0.95	0.43	0.86	0.95	0.87	0.97	-0.17	0.96	0.98	0.96	-0.93	0.89	0.98	0.98	-0.4	0.95	0.97	0.66	-0.01
Common Stock	0.99	0.64	-0.96	0.7	1.0		0.99	0.96	0.49	0.87	0.95	0.89	0.97	-0.14	0.97	0.98	0.96	-0.93	0.89	0.98	0.99	-0.37	0.96	0.97	0.63	0.03
Other Current Liab	1.0	0.71	-0.92	0.63	1.0	0.99		0.92	0.36	0.83	0.94	0.82	0.97	-0.24	0.96	0.97	0.96	-0.92	0.87	0.97	0.97	-0.45	0.94	0.97	0.69	-0.07
Other Liab	0.92	0.41	-0.99	0.87	0.95	0.96	0.92		0.62	0.89	0.88	0.96	0.9	0.04	0.9	0.95	0.91	-0.88	0.87	0.93	0.93	-0.24	0.9	0.91	0.56	0.2
Other Assets	0.36	-0.12	-0.61	0.74	0.43	0.49	0.36	0.62		0.57	0.5	0.71	0.45	0.55	0.49	0.52	0.46	-0.42	0.49	0.52	0.51	0.28	0.53	0.42	-0.14	0.63
Net Receivables	0.84	0.36	-0.92	0.82	0.86	0.87	0.83	0.89	0.57		0.84	0.9	0.85	-0.02	0.82	0.83	0.88	-0.75	0.73	0.84	0.85	-0.33	0.8	0.86	0.41	0.12
Other Stockholder Equity	0.94	0.7	-0.89	0.65	0.95	0.95	0.94	0.88	0.5	0.84		0.83	0.99	-0.02	0.99	0.94	0.97	-0.91	0.9	0.97	0.96	-0.3	0.97	0.99	0.4	0.14
Property Plant Equipment	0.83	0.24	-0.97	0.92	0.87	0.89	0.82	0.96	0.71	0.9	0.83		0.83	0.09	0.81	0.85	0.87	-0.77	0.77	0.85	0.85	-0.24	0.82	0.85	0.4	0.23
Total Assets	0.97	0.72	-0.9	0.64	0.97	0.97	0.97	0.9	0.45	0.85	0.99	0.83		-0.08	0.99	0.96	0.97	-0.93	0.91	0.98	0.97	-0.34	0.97	0.99	0.49	0.08
Short Long Term Debt Total	-0.23	-0.32	0.05	0.31	-0.17	-0.14	-0.24	0.04	0.55	-0.02	-0.02	0.09	-0.08		-0.02	-0.03	-0.14	-0.06	0.21	-0.04	-0.08	0.89	0.07	-0.11	-0.61	0.99
Total Stockholder Equity	0.96	0.74	-0.89	0.62	0.96	0.97	0.96	0.9	0.49	0.82	0.99	0.81	0.99	-0.02		0.97	0.94	-0.96	0.94	0.99	0.98	-0.25	0.99	0.97	0.48	0.14
Property Plant And Equipment Net	0.97	0.66	-0.93	0.7	0.98	0.98	0.97	0.95	0.52	0.83	0.94	0.85	0.96	-0.03	0.97		0.94	-0.95	0.92	0.99	0.99	-0.26	0.97	0.95	0.6	0.14
Current Deferred Revenue	0.96	0.62	-0.94	0.72	0.96	0.96	0.96	0.91	0.46	0.88	0.97	0.87	0.97	-0.14	0.94	0.94		-0.86	0.82	0.96	0.97	-0.46	0.92	0.99	0.52	0.01
Net Debt	-0.92	-0.73	0.84	-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	-0.92	0.1	-0.98	-0.91	-0.55	-0.22
Cash	0.87	0.67	-0.81	0.62	0.89	0.89	0.87	0.87	0.49	0.73	0.9	0.77	0.91	0.21	0.94	0.92	0.82	-0.99		0.92	0.89	0.03	0.97	0.89	0.43	0.36
Non Current Assets Total	0.97	0.69	-0.93	0.68	0.98	0.98	0.97	0.93	0.52	0.84	0.97	0.85	0.98	-0.04	0.99	0.99	0.96	-0.94	0.92		1.0	-0.29	0.98	0.97	0.55	0.12
Non Currrent Assets Other	0.98	0.67	-0.94	0.68	0.98	0.99	0.97	0.93	0.51	0.85	0.96	0.85	0.97	-0.08	0.98	0.99	0.97	-0.92	0.89	1.0		-0.34	0.97	0.96	0.58	0.08
Long Term Debt	-0.45	-0.32	0.36	-0.07	-0.4	-0.37	-0.45	-0.24	0.28	-0.33	-0.3	-0.24	-0.34	0.89	-0.25	-0.26	-0.46	0.1	0.03	-0.29	-0.34		-0.14	-0.39	-0.58	0.84
Cash And Short Term Investments	0.94	0.71	-0.88	0.64	0.95	0.96	0.94	0.9	0.53	0.8	0.97	0.82	0.97	0.07	0.99	0.97	0.92	-0.98	0.97	0.98	0.97	-0.14		0.95	0.47	0.24
Good Will	0.97	0.69	-0.92	0.68	0.97	0.97	0.97	0.91	0.42	0.86	0.99	0.85	0.99	-0.11	0.97	0.95	0.99	-0.91	0.89	0.97	0.96	-0.39	0.95		0.51	0.05
Common Stock Shares Outstanding	0.69	0.49	-0.56	0.25	0.66	0.63	0.69	0.56	-0.14	0.41	0.4	0.4	0.49	-0.61	0.48	0.6	0.52	-0.55	0.43	0.55	0.58	-0.58	0.47	0.51		-0.5
Non Current Liabilities Total	-0.07	-0.21	-0.11	0.42	-0.01	0.03	-0.07	0.2	0.63	0.12	0.14	0.23	0.08	0.99	0.14	0.14	0.01	-0.22	0.36	0.12	0.08	0.84	0.24	0.05	-0.5

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AvidXchange Holdings Account Relationship Matchups

AvidXchange Holdings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Current Liabilities	99.7M	213.1M	1.3B	1.4B	1.7B	1.8B
Net Tangible Assets	(571.6M)	(689.2M)	456.7M	392.8M	451.7M	474.3M
Retained Earnings	(423.6M)	(672.3M)	(871.9M)	(974.8M)	(1.0B)	(971.1M)
Accounts Payable	10.9M	25.4M	17.1M	13.5M	16.8M	10.6M
Total Current Assets	308.3M	432.3M	1.9B	1.8B	2.1B	2.2B
Common Stock	44.0K	50.1K	197K	199K	204K	214.2K
Other Current Liab	82.9M	178.1M	1.3B	1.4B	1.6B	1.7B
Other Liab	10.4M	16.6M	26.4M	20.9M	24.0M	25.2M
Other Assets	23.6M	26.0M	32.5M	33.5M	1.0	0.95
Other Stockholder Equity	11.8M	161.1M	1.6B	1.6B	1.7B	931.0M
Property Plant Equipment	82.1M	90.0M	109.5M	103.9M	119.5M	84.8M

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AvidXchange Current Deferred Revenue vs Net Debt Analysis

Current Deferred Revenue vs Net Debt

Current Deferred Revenue vs Net Debt Correlation Analysis

Correlation Coefficient

Current Deferred Revenue

Net Debt

AvidXchange Holdings fundamental ratios Correlations

AvidXchange Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

AvidXchange Holdings fundamental ratios Accounts

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Additional Tools for AvidXchange Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Current Liabilities
Other Current Liab	+ 1.0	Total Current Liabilities
Common Stock	+ 1.0	Total Current Assets
Other Current Liab	+ 1.0	Total Current Assets
Non Currrent Assets Other	+ 1.0	Non Current Assets Total
Common Stock	+ 0.99	Total Current Liabilities

Cash	- 0.99	Net Debt
Other Liab	- 0.99	Retained Earnings
Cash And Short Term Investments	- 0.98	Net Debt
Property Plant Equipment	- 0.97	Retained Earnings
Net Debt	- 0.96	Total Stockholder Equity
Common Stock	- 0.96	Retained Earnings