AvidXchange Property Plant And Equipment Net vs Net Debt Analysis

AVDX Stock  USD 11.15  0.00  0.00%   
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 Property Plant And Equipment Net 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.

Property Plant And Equipment Net vs Net Debt

Property Plant And Equipment Net vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AvidXchange Holdings Property Plant And Equipment Net account and Net Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between AvidXchange Holdings' Property Plant And Equipment Net and Net Debt is -0.95. Overlapping area represents the amount of variation of Property Plant And Equipment Net 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' Property Plant And Equipment Net 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 Property Plant And Equipment Net 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 Property Plant And Equipment Net i.e., AvidXchange Holdings' Property Plant And Equipment Net and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.95
Relationship DirectionNegative 
Relationship StrengthSignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

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 Amortization30.7M32.8M35.9M33.2M
Interest Income661K7.2M19.1M20.0M

AvidXchange Holdings fundamental ratios Correlations

0.71-0.930.631.00.991.00.920.360.840.940.830.97-0.230.960.970.96-0.920.870.970.98-0.450.940.970.69-0.07
0.71-0.41-0.030.660.640.710.41-0.120.360.70.240.72-0.320.740.660.62-0.730.670.690.67-0.320.710.690.49-0.21
-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 fundamental ratios 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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