Avanti Net Receivables vs Total Revenue 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 Net Receivables and its Total Revenue 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.

Net Receivables vs Total Revenue

Net Receivables vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avanti Energy Net Receivables account and Total Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Avanti Energy's Net Receivables and Total Revenue is -0.08. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Revenue 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 Net Receivables and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Avanti Energy are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Receivables i.e., Avanti Energy's Net Receivables and Total Revenue go up and down completely randomly.

Correlation Coefficient

-0.08

Relationship Direction	Negative
Relationship Strength	Insignificant

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Net Receivables

Total Revenue

Total revenue comprises all receipts Avanti Energy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

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

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Property Plant And Equipment Net	Other Current Liab	Other Liab	Net Tangible Assets	Accounts Payable	Non Currrent Assets Other	Non Current Liabilities Total	Inventory	Other Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Deferred Long Term Liab
Total Assets		0.92	1.0	-0.68	-0.93	0.69	0.99	0.55	0.4	0.97	-0.14	0.93	0.57	0.73	0.54	0.64	0.16	0.7	0.7	0.26	0.4	0.11	-0.69	0.97	0.42	-0.69
Total Current Liabilities	0.92		0.91	-0.74	-0.84	0.77	0.91	0.56	0.43	0.86	-0.25	0.99	0.58	0.87	0.78	0.61	0.01	0.46	0.45	0.18	0.38	0.12	-0.46	0.87	0.41	-0.46
Total Stockholder Equity	1.0	0.91		-0.68	-0.93	0.68	0.99	0.56	0.39	0.97	-0.14	0.92	0.57	0.71	0.52	0.63	0.17	0.72	0.72	0.24	0.39	0.12	-0.7	0.97	0.41	-0.7
Net Debt	-0.68	-0.74	-0.68		0.63	-0.97	-0.64	-0.7	-0.18	-0.66	0.38	-0.66	-0.7	-0.73	-0.73	-0.51	0.01	-0.17	-0.16	0.24	-0.26	-0.21	0.21	-0.65	-0.29	0.21
Retained Earnings	-0.93	-0.84	-0.93	0.63		-0.65	-0.92	-0.53	-0.24	-0.97	0.24	-0.85	-0.54	-0.55	-0.38	-0.85	-0.06	-0.77	-0.76	-0.26	-0.54	0.08	0.73	-0.98	-0.59	0.73
Cash	0.69	0.77	0.68	-0.97	-0.65		0.64	0.71	0.22	0.65	-0.29	0.72	0.71	0.77	0.77	0.57	0.07	0.15	0.16	-0.05	0.36	0.11	-0.15	0.66	0.43	-0.15
Non Current Assets Total	0.99	0.91	0.99	-0.64	-0.92	0.64		0.46	0.41	0.96	-0.12	0.93	0.48	0.7	0.5	0.61	0.17	0.75	0.75	0.3	0.39	0.05	-0.72	0.97	0.39	-0.72
Cash And Short Term Investments	0.55	0.56	0.56	-0.7	-0.53	0.71	0.46		0.1	0.54	-0.27	0.5	1.0	0.63	0.61	0.51	0.06	0.03	0.04	-0.18	0.33	0.46	-0.06	0.54	0.39	-0.06
Net Receivables	0.4	0.43	0.39	-0.18	-0.24	0.22	0.41	0.1		0.22	0.52	0.47	0.15	0.62	0.44	0.17	0.67	0.06	0.08	0.4	0.39	-0.31	-0.03	0.28	0.42	-0.03
Common Stock Shares Outstanding	0.97	0.86	0.97	-0.66	-0.97	0.65	0.96	0.54	0.22		-0.3	0.86	0.54	0.57	0.39	0.71	0.02	0.8	0.78	0.17	0.4	0.1	-0.79	0.99	0.4	-0.79
Other Stockholder Equity	-0.14	-0.25	-0.14	0.38	0.24	-0.29	-0.12	-0.27	0.52	-0.3		-0.14	-0.24	0.01	-0.18	-0.21	0.84	-0.11	-0.03	0.62	0.1	-0.47	0.17	-0.23	0.23	0.17
Total Liab	0.93	0.99	0.92	-0.66	-0.85	0.72	0.93	0.5	0.47	0.86	-0.14		0.52	0.85	0.72	0.64	0.11	0.52	0.53	0.33	0.44	0.03	-0.51	0.89	0.47	-0.51
Total Current Assets	0.57	0.58	0.57	-0.7	-0.54	0.71	0.48	1.0	0.15	0.54	-0.24	0.52		0.65	0.63	0.51	0.09	0.03	0.04	-0.16	0.34	0.45	-0.06	0.55	0.4	-0.06
Property Plant And Equipment Net	0.73	0.87	0.71	-0.73	-0.55	0.77	0.7	0.63	0.62	0.57	0.01	0.85	0.65		0.94	0.42	0.28	0.05	0.07	0.16	0.38	0.14	-0.08	0.61	0.41	-0.08
Other Current Liab	0.54	0.78	0.52	-0.73	-0.38	0.77	0.5	0.61	0.44	0.39	-0.18	0.72	0.63	0.94		0.29	0.03	-0.19	-0.19	-0.07	0.21	0.26	0.15	0.42	0.26	0.15
Other Liab	0.64	0.61	0.63	-0.51	-0.85	0.57	0.61	0.51	0.17	0.71	-0.21	0.64	0.51	0.42	0.29		0.07	0.5	0.49	0.25	0.78	-0.36	-0.48	0.77	0.84	-0.48
Net Tangible Assets	0.16	0.01	0.17	0.01	-0.06	0.07	0.17	0.06	0.67	0.02	0.84	0.11	0.09	0.28	0.03	0.07		0.05	0.14	0.6	0.44	-0.41	0.0	0.09	0.47	0.0
Accounts Payable	0.7	0.46	0.72	-0.17	-0.77	0.15	0.75	0.03	0.06	0.8	-0.11	0.52	0.03	0.05	-0.19	0.5	0.05		0.99	0.36	0.27	-0.13	-0.95	0.78	0.23	-0.95
Non Currrent Assets Other	0.7	0.45	0.72	-0.16	-0.76	0.16	0.75	0.04	0.08	0.78	-0.03	0.53	0.04	0.07	-0.19	0.49	0.14	0.99		0.46	0.3	-0.15	-0.93	0.77	0.27	-0.93
Non Current Liabilities Total	0.26	0.18	0.24	0.24	-0.26	-0.05	0.3	-0.18	0.4	0.17	0.62	0.33	-0.16	0.16	-0.07	0.25	0.6	0.36	0.46		0.47	-0.53	-0.22	0.25	0.54	-0.22
Inventory	0.4	0.38	0.39	-0.26	-0.54	0.36	0.39	0.33	0.39	0.4	0.1	0.44	0.34	0.38	0.21	0.78	0.44	0.27	0.3	0.47		-0.45	-0.23	0.49	0.88	-0.23
Other Current Assets	0.11	0.12	0.12	-0.21	0.08	0.11	0.05	0.46	-0.31	0.1	-0.47	0.03	0.45	0.14	0.26	-0.36	-0.41	-0.13	-0.15	-0.53	-0.45		0.07	0.02	-0.58	0.07
Intangible Assets	-0.69	-0.46	-0.7	0.21	0.73	-0.15	-0.72	-0.06	-0.03	-0.79	0.17	-0.51	-0.06	-0.08	0.15	-0.48	0.0	-0.95	-0.93	-0.22	-0.23	0.07		-0.76	-0.13	1.0
Common Stock	0.97	0.87	0.97	-0.65	-0.98	0.66	0.97	0.54	0.28	0.99	-0.23	0.89	0.55	0.61	0.42	0.77	0.09	0.78	0.77	0.25	0.49	0.02	-0.76		0.5	-0.76
Property Plant Equipment	0.42	0.41	0.41	-0.29	-0.59	0.43	0.39	0.39	0.42	0.4	0.23	0.47	0.4	0.41	0.26	0.84	0.47	0.23	0.27	0.54	0.88	-0.58	-0.13	0.5		-0.13
Deferred Long Term Liab	-0.69	-0.46	-0.7	0.21	0.73	-0.15	-0.72	-0.06	-0.03	-0.79	0.17	-0.51	-0.06	-0.08	0.15	-0.48	0.0	-0.95	-0.93	-0.22	-0.23	0.07	1.0	-0.76	-0.13

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Avanti Energy Account Relationship Matchups

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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