Avanti Deferred Long Term Liab vs Total Liab Analysis
AVN Stock | CAD 0.12 0.01 7.69% |
Avanti Energy financial indicator trend analysis is way more than just evaluating Avanti Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avanti Energy is a good investment. Please check the relationship between Avanti Energy Deferred Long Term Liab and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avanti Energy. 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.
Deferred Long Term Liab vs Total Liab
Deferred Long Term Liab vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avanti Energy Deferred Long Term Liab account and Total Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Avanti Energy's Deferred Long Term Liab and Total Liab is -0.51. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Total Liab in the same time period over historical financial statements of Avanti Energy, assuming nothing else is changed. The correlation between historical values of Avanti Energy's Deferred Long Term Liab and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Avanti Energy are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Deferred Long Term Liab i.e., Avanti Energy's Deferred Long Term Liab and Total Liab go up and down completely randomly.
Correlation Coefficient | -0.51 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from Avanti Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Avanti Energy 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 Avanti Energy. 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. At this time, Avanti Energy's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to climb to about 39.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.1 M in 2024.
Avanti Energy fundamental ratios Correlations
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Avanti Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Avanti Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 451.5K | 1.8M | 17.1M | 30.3M | 28.6M | 30.1M | |
Total Current Liabilities | 26.2K | 14.9K | 1.6M | 4.5M | 2.4M | 2.5M | |
Total Stockholder Equity | 425.2K | 1.8M | 15.4M | 25.7M | 25.8M | 27.1M | |
Net Debt | (439.8K) | (1.8M) | (1.3M) | (2.8M) | (1.2M) | (1.1M) | |
Retained Earnings | (14.1M) | (14.6M) | (25.2M) | (33.5M) | (45.1M) | (42.8M) | |
Cash | 439.8K | 1.8M | 1.3M | 2.8M | 1.4M | 841.0K | |
Cash And Short Term Investments | 439.8K | 1.8M | 5.4M | 2.8M | 1.4M | 1.2M | |
Net Receivables | 11.7K | 2.8K | 53.0K | 195.8K | 57.9K | 70.5K | |
Common Stock Shares Outstanding | 5.5M | 12.1M | 40.6M | 58.3M | 78.3M | 82.2M | |
Liabilities And Stockholders Equity | 451.5K | 1.8M | 17.1M | 30.3M | 28.6M | 30.1M | |
Other Stockholder Equity | 12.0M | 945.3K | 953.1K | 1.6M | 1.9M | 1.8M | |
Total Liab | 26.2K | 14.9K | 1.6M | 4.6M | 2.8M | 2.9M | |
Total Current Assets | 451.5K | 1.8M | 5.6M | 3.1M | 1.5M | 1.3M | |
Accumulated Other Comprehensive Income | 953.1K | 1.6M | 6.2M | 11.1M | 12.6M | 13.2M | |
Net Tangible Assets | 4.7M | (810.7K) | 425.2K | 1.8M | 1.6M | 1.6M | |
Accounts Payable | 26.2K | 14.86 | 1.5K | 4.5K | 2.4M | 2.5M | |
Non Currrent Assets Other | 4.9M | 333.8K | 0.0 | 62.5K | 22.4M | 23.5M | |
Other Current Assets | 11.71 | 10.1K | 194.3K | 85.0K | 58.5K | 59.3K | |
Common Stock | 13.5M | 14.7M | 34.4M | 48.1M | 58.3M | 61.2M | |
Short Long Term Debt Total | 467.0K | 489.7K | 5.5K | 2.2K | 251.0K | 220.9K | |
Short Term Debt | (183.4K) | 489.7K | 4.0K | 2.2K | 14.8K | 14.1K | |
Net Invested Capital | 425.2K | 1.8M | 15.4M | 25.7M | 25.8M | 27.1M | |
Net Working Capital | 425.2K | 1.8M | 4.1M | (1.4M) | (844.8K) | (802.6K) | |
Capital Stock | 13.5M | 14.7M | 34.4M | 48.1M | 58.3M | 33.2M |
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When running Avanti Energy's price analysis, check to measure Avanti Energy's 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 Avanti Energy is operating at the current time. Most of Avanti Energy's value examination focuses on studying past and present price action to predict the probability of Avanti Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avanti Energy's price. Additionally, you may evaluate how the addition of Avanti Energy to your portfolios can decrease your overall portfolio volatility.