Avalon Short Term Debt vs Common Stock Analysis

AVL Stock

CAD 0.04 0.01 20.00%

Avalon Advanced financial indicator trend analysis is way more than just evaluating Avalon Advanced Materials prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avalon Advanced Materials is a good investment. Please check the relationship between Avalon Advanced Short Term Debt and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avalon Advanced Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Short Term Debt vs Common Stock

Short Term Debt vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avalon Advanced Materials Short Term Debt account and Common Stock. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Avalon Advanced's Short Term Debt and Common Stock is -0.17. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Common Stock in the same time period over historical financial statements of Avalon Advanced Materials, assuming nothing else is changed. The correlation between historical values of Avalon Advanced's Short Term Debt and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Avalon Advanced Materials are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Short Term Debt i.e., Avalon Advanced's Short Term Debt and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.17

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Short Term Debt

Common Stock

Most indicators from Avalon Advanced's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Avalon Advanced Materials 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 Avalon Advanced Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

As of the 25th of November 2024, Selling General Administrative is likely to drop to about 3.2 M. In addition to that, Tax Provision is likely to drop to about (116.8 K)

	2023	2024 (projected)
Reconciled Depreciation	32.1K	28.5K
Interest Income	1.2M	1.2M

Reconciled Depreciation Interest Income

Avalon Advanced fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Other Liab	Net Tangible Assets
Total Assets		0.63	0.23	1.0	0.94	0.0	-0.82	0.1	0.07	0.94	0.17	0.05	0.2	0.65	-0.31	0.17	0.49	0.11	0.66	0.95	0.37	-0.56	-0.63	0.55	0.41	-0.35
Other Current Liab	0.63		0.59	0.62	0.64	-0.14	-0.48	0.09	0.13	0.62	0.49	0.09	0.46	0.18	-0.27	-0.3	0.09	0.0	0.46	0.6	0.14	-0.56	-0.16	0.17	-0.03	0.11
Total Current Liabilities	0.23	0.59		0.21	0.03	-0.84	0.16	0.81	0.84	0.02	0.49	0.82	0.84	-0.26	-0.44	-0.53	-0.1	0.17	0.48	0.0	0.62	-0.38	0.04	-0.32	-0.34	0.07
Total Stockholder Equity	1.0	0.62	0.21		0.95	0.01	-0.82	0.08	0.05	0.95	0.18	0.03	0.2	0.65	-0.33	0.15	0.48	0.12	0.63	0.96	0.36	-0.56	-0.63	0.55	0.39	-0.34
Property Plant And Equipment Net	0.94	0.64	0.03	0.95		0.22	-0.87	-0.17	-0.17	0.99	0.24	-0.21	0.06	0.59	-0.17	0.15	0.33	0.11	0.47	0.99	0.05	-0.5	-0.52	0.52	0.34	-0.18
Net Debt	0.0	-0.14	-0.84	0.01	0.22		-0.41	-0.96	-0.99	0.23	-0.43	-0.98	-0.82	0.47	0.5	0.59	0.26	-0.4	-0.22	0.26	-0.63	0.18	-0.18	0.53	0.44	-0.11
Retained Earnings	-0.82	-0.48	0.16	-0.82	-0.87	-0.41		0.34	0.33	-0.89	0.16	0.35	0.27	-0.78	-0.13	-0.43	-0.38	0.12	-0.53	-0.9	0.03	0.41	0.38	-0.71	-0.63	0.11
Accounts Payable	0.1	0.09	0.81	0.08	-0.17	-0.96	0.34		0.98	-0.18	0.32	0.99	0.76	-0.3	-0.49	-0.4	-0.06	0.3	0.37	-0.18	0.78	-0.2	0.0	-0.39	-0.3	-0.09
Cash	0.07	0.13	0.84	0.05	-0.17	-0.99	0.33	0.98		-0.18	0.35	1.0	0.77	-0.36	-0.47	-0.47	-0.19	0.34	0.33	-0.2	0.7	-0.23	0.12	-0.44	-0.34	0.05
Non Current Assets Total	0.94	0.62	0.02	0.95	0.99	0.23	-0.89	-0.18	-0.18		0.2	-0.22	0.02	0.61	-0.14	0.19	0.31	0.09	0.5	1.0	0.04	-0.49	-0.51	0.54	0.39	-0.18
Non Currrent Assets Other	0.17	0.49	0.49	0.18	0.24	-0.43	0.16	0.32	0.35	0.2		0.3	0.59	-0.58	-0.42	-0.62	-0.45	0.51	-0.03	0.15	-0.05	-0.18	0.23	-0.53	-0.54	0.43
Cash And Short Term Investments	0.05	0.09	0.82	0.03	-0.21	-0.98	0.35	0.99	1.0	-0.22	0.3		0.76	-0.33	-0.48	-0.44	-0.13	0.32	0.34	-0.22	0.74	-0.21	0.08	-0.41	-0.31	-0.01
Net Receivables	0.2	0.46	0.84	0.2	0.06	-0.82	0.27	0.76	0.77	0.02	0.59	0.76		-0.39	-0.69	-0.77	-0.14	0.29	0.11	-0.01	0.54	-0.49	-0.02	-0.47	-0.62	0.01
Common Stock Shares Outstanding	0.65	0.18	-0.26	0.65	0.59	0.47	-0.78	-0.3	-0.36	0.61	-0.58	-0.33	-0.39		0.18	0.7	0.79	-0.33	0.56	0.67	0.25	-0.25	-0.72	0.9	0.77	-0.6
Short Term Investments	-0.31	-0.27	-0.44	-0.33	-0.17	0.5	-0.13	-0.49	-0.47	-0.14	-0.42	-0.48	-0.69	0.18		0.59	-0.19	-0.33	0.05	-0.15	-0.53	0.49	0.25	0.19	0.31	0.22
Non Current Liabilities Total	0.17	-0.3	-0.53	0.15	0.15	0.59	-0.43	-0.4	-0.47	0.19	-0.62	-0.44	-0.77	0.7	0.59		0.5	-0.37	0.45	0.24	-0.04	0.27	-0.4	0.66	0.78	-0.41
Other Current Assets	0.49	0.09	-0.1	0.48	0.33	0.26	-0.38	-0.06	-0.19	0.31	-0.45	-0.13	-0.14	0.79	-0.19	0.5		-0.26	0.42	0.39	0.57	-0.17	-0.8	0.75	0.6	-0.78
Other Stockholder Equity	0.11	0.0	0.17	0.12	0.11	-0.4	0.12	0.3	0.34	0.09	0.51	0.32	0.29	-0.33	-0.33	-0.37	-0.26		-0.13	0.06	0.08	0.19	0.13	-0.26	-0.18	0.28
Total Liab	0.66	0.46	0.48	0.63	0.47	-0.22	-0.53	0.37	0.33	0.5	-0.03	0.34	0.11	0.56	0.05	0.45	0.42	-0.13		0.53	0.56	-0.27	-0.46	0.44	0.5	-0.34
Property Plant And Equipment Gross	0.95	0.6	0.0	0.96	0.99	0.26	-0.9	-0.18	-0.2	1.0	0.15	-0.22	-0.01	0.67	-0.15	0.24	0.39	0.06	0.53		0.08	-0.49	-0.56	0.59	0.44	-0.24
Total Current Assets	0.37	0.14	0.62	0.36	0.05	-0.63	0.03	0.78	0.7	0.04	-0.05	0.74	0.54	0.25	-0.53	-0.04	0.57	0.08	0.56	0.08		-0.29	-0.48	0.16	0.14	-0.54
Short Term Debt	-0.56	-0.56	-0.38	-0.56	-0.5	0.18	0.41	-0.2	-0.23	-0.49	-0.18	-0.21	-0.49	-0.25	0.49	0.27	-0.17	0.19	-0.27	-0.49	-0.29		0.24	-0.17	0.15	0.08
Intangible Assets	-0.63	-0.16	0.04	-0.63	-0.52	-0.18	0.38	0.0	0.12	-0.51	0.23	0.08	-0.02	-0.72	0.25	-0.4	-0.8	0.13	-0.46	-0.56	-0.48	0.24		-0.57	-0.35	0.92
Common Stock	0.55	0.17	-0.32	0.55	0.52	0.53	-0.71	-0.39	-0.44	0.54	-0.53	-0.41	-0.47	0.9	0.19	0.66	0.75	-0.26	0.44	0.59	0.16	-0.17	-0.57		0.86	-0.43
Other Liab	0.41	-0.03	-0.34	0.39	0.34	0.44	-0.63	-0.3	-0.34	0.39	-0.54	-0.31	-0.62	0.77	0.31	0.78	0.6	-0.18	0.5	0.44	0.14	0.15	-0.35	0.86		-0.28
Net Tangible Assets	-0.35	0.11	0.07	-0.34	-0.18	-0.11	0.11	-0.09	0.05	-0.18	0.43	-0.01	0.01	-0.6	0.22	-0.41	-0.78	0.28	-0.34	-0.24	-0.54	0.08	0.92	-0.43	-0.28

Click cells to compare fundamentals

Avalon Advanced Account Relationship Matchups

Avalon Advanced fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	116.6M	118.5M	120.4M	131.1M	150.7M	158.2M
Other Current Liab	711.2K	523.0K	590.3K	1.1M	1.3M	830.6K
Total Current Liabilities	1.0M	858.4K	1.4M	1.4M	1.6M	1.5M
Total Stockholder Equity	114.5M	113.6M	114.3M	126.1M	145.1M	152.3M
Property Plant And Equipment Net	114.9M	115.9M	102.5M	111.1M	127.7M	134.1M
Net Debt	(428.3K)	1.9M	1.5M	2.4M	2.1M	2.2M
Retained Earnings	(86.8M)	(90.5M)	(94.5M)	(97.8M)	(88.0M)	(83.6M)
Accounts Payable	153.7K	142.8K	186.7K	459.0K	527.9K	865.7K
Cash	1.3M	1.8M	3.0M	944.2K	1.1M	1.0M
Non Current Assets Total	114.9M	115.9M	116.4M	111.1M	127.7M	134.1M
Cash And Short Term Investments	1.3M	1.8M	3.0M	2.6M	3.0M	2.8M
Net Receivables	263.1K	117.3K	46.3K	146.8K	168.8K	279.9K
Common Stock Shares Outstanding	334.3M	354.6M	388.5M	456.1M	524.5M	550.7M
Liabilities And Stockholders Equity	116.6M	118.5M	120.4M	131.1M	150.7M	158.2M
Non Current Liabilities Total	1.1M	4.0M	4.7M	3.5M	4.1M	4.3M
Other Current Assets	118.5K	593.9K	979.9K	17.3M	19.9M	20.8M
Other Stockholder Equity	21.8M	22.0M	22.2M	22.8M	26.2M	24.9M
Total Liab	2.1M	4.8M	6.1M	4.9M	5.6M	5.9M
Property Plant And Equipment Gross	121.3M	119.0M	114.9M	117.6M	135.3M	142.0M
Total Current Assets	1.7M	2.5M	4.1M	20.0M	23.0M	24.1M
Short Term Debt	178.9K	192.5K	669.1K	224.3K	201.9K	191.8K
Accumulated Other Comprehensive Income	22.0M	22.2M	22.8M	23.4M	26.9M	28.2M
Common Stock	179.3M	181.9M	186.0M	200.6M	230.7M	188.6M
Other Liab	330.7K	363.4K	499.4K	802.2K	922.5K	463.4K
Net Tangible Assets	118.2M	114.5M	113.6M	114.3M	102.9M	92.6M
Property Plant Equipment	119.0M	114.9M	115.9M	116.4M	133.8M	127.8M
Long Term Debt Total	1.1M	688.6K	3.5M	3.9M	4.5M	2.4M
Short Long Term Debt Total	867.5K	3.7M	4.6M	3.3M	3.8M	3.1M
Long Term Debt	1.1M	0.0	3.0M	3.6M	4.1M	2.5M
Net Invested Capital	117.3M	118.4M	114.5M	116.6M	105.0M	93.3M
Cash And Equivalents	319.1K	1.9M	1.3M	1.8M	2.1M	1.4M
Net Working Capital	(223.1K)	644.0K	633.6K	1.7M	1.9M	2.0M

Pair Trading with Avalon Advanced

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Avalon Advanced position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Avalon Advanced will appreciate offsetting losses from the drop in the long position's value.

Moving against Avalon Stock

0.57	BOFA	Bank of America	Pair Corr
0.55	TD-PFI	Toronto Dominion Bank	Pair Corr
0.53	FDY	Faraday Copper Corp	Pair Corr
0.53	JPM	JPMorgan Chase	Pair Corr
0.52	RY-PS	Royal Bank	Pair Corr

The ability to find closely correlated positions to Avalon Advanced could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avalon Advanced when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Avalon Advanced - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Avalon Advanced Materials to buy it.

The correlation of Avalon Advanced is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Avalon Advanced moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avalon Advanced Materials moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Avalon Advanced can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Avalon Stock

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

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Avalon Short Term Debt vs Common Stock Analysis

Short Term Debt vs Common Stock

Short Term Debt vs Common Stock Correlation Analysis

Correlation Coefficient

Short Term Debt

Common Stock

Avalon Advanced fundamental ratios Correlations

Avalon Advanced Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Avalon Advanced fundamental ratios Accounts

Pair Trading with Avalon Advanced

Moving against Avalon Stock

Other Information on Investing in Avalon Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Gross	+ 1.0	Non Current Assets Total
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 0.99	Property Plant And Equipment Net
Cash And Short Term Investments	+ 0.99	Accounts Payable

Cash	- 0.99	Net Debt
Cash And Short Term Investments	- 0.98	Net Debt
Accounts Payable	- 0.96	Net Debt
Property Plant And Equipment Gross	- 0.9	Retained Earnings
Non Current Assets Total	- 0.89	Retained Earnings
Retained Earnings	- 0.87	Property Plant And Equipment Net