Avanti Property Plant Equipment vs Total Stockholder Equity 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 Property Plant Equipment and its Total Stockholder Equity 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.

Property Plant Equipment vs Total Stockholder Equity

Property Plant Equipment vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avanti Energy Property Plant Equipment account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Avanti Energy's Property Plant Equipment and Total Stockholder Equity is 0.41. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Stockholder Equity 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 Property Plant Equipment and Total Stockholder Equity 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 Equipment of Avanti Energy are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Property Plant Equipment i.e., Avanti Energy's Property Plant Equipment and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant Equipment

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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

0.921.0-0.68-0.930.690.990.550.40.97-0.140.930.570.730.540.640.160.70.70.260.40.11-0.690.970.42-0.69
0.920.91-0.74-0.840.770.910.560.430.86-0.250.990.580.870.780.610.010.460.450.180.380.12-0.460.870.41-0.46
1.00.91-0.68-0.930.680.990.560.390.97-0.140.920.570.710.520.630.170.720.720.240.390.12-0.70.970.41-0.7
-0.68-0.74-0.680.63-0.97-0.64-0.7-0.18-0.660.38-0.66-0.7-0.73-0.73-0.510.01-0.17-0.160.24-0.26-0.210.21-0.65-0.290.21
-0.93-0.84-0.930.63-0.65-0.92-0.53-0.24-0.970.24-0.85-0.54-0.55-0.38-0.85-0.06-0.77-0.76-0.26-0.540.080.73-0.98-0.590.73
0.690.770.68-0.97-0.650.640.710.220.65-0.290.720.710.770.770.570.070.150.16-0.050.360.11-0.150.660.43-0.15
0.990.910.99-0.64-0.920.640.460.410.96-0.120.930.480.70.50.610.170.750.750.30.390.05-0.720.970.39-0.72
0.550.560.56-0.7-0.530.710.460.10.54-0.270.51.00.630.610.510.060.030.04-0.180.330.46-0.060.540.39-0.06
0.40.430.39-0.18-0.240.220.410.10.220.520.470.150.620.440.170.670.060.080.40.39-0.31-0.030.280.42-0.03
0.970.860.97-0.66-0.970.650.960.540.22-0.30.860.540.570.390.710.020.80.780.170.40.1-0.790.990.4-0.79
-0.14-0.25-0.140.380.24-0.29-0.12-0.270.52-0.3-0.14-0.240.01-0.18-0.210.84-0.11-0.030.620.1-0.470.17-0.230.230.17
0.930.990.92-0.66-0.850.720.930.50.470.86-0.140.520.850.720.640.110.520.530.330.440.03-0.510.890.47-0.51
0.570.580.57-0.7-0.540.710.481.00.150.54-0.240.520.650.630.510.090.030.04-0.160.340.45-0.060.550.4-0.06
0.730.870.71-0.73-0.550.770.70.630.620.570.010.850.650.940.420.280.050.070.160.380.14-0.080.610.41-0.08
0.540.780.52-0.73-0.380.770.50.610.440.39-0.180.720.630.940.290.03-0.19-0.19-0.070.210.260.150.420.260.15
0.640.610.63-0.51-0.850.570.610.510.170.71-0.210.640.510.420.290.070.50.490.250.78-0.36-0.480.770.84-0.48
0.160.010.170.01-0.060.070.170.060.670.020.840.110.090.280.030.070.050.140.60.44-0.410.00.090.470.0
0.70.460.72-0.17-0.770.150.750.030.060.8-0.110.520.030.05-0.190.50.050.990.360.27-0.13-0.950.780.23-0.95
0.70.450.72-0.16-0.760.160.750.040.080.78-0.030.530.040.07-0.190.490.140.990.460.3-0.15-0.930.770.27-0.93
0.260.180.240.24-0.26-0.050.3-0.180.40.170.620.33-0.160.16-0.070.250.60.360.460.47-0.53-0.220.250.54-0.22
0.40.380.39-0.26-0.540.360.390.330.390.40.10.440.340.380.210.780.440.270.30.47-0.45-0.230.490.88-0.23
0.110.120.12-0.210.080.110.050.46-0.310.1-0.470.030.450.140.26-0.36-0.41-0.13-0.15-0.53-0.450.070.02-0.580.07
-0.69-0.46-0.70.210.73-0.15-0.72-0.06-0.03-0.790.17-0.51-0.06-0.080.15-0.480.0-0.95-0.93-0.22-0.230.07-0.76-0.131.0
0.970.870.97-0.65-0.980.660.970.540.280.99-0.230.890.550.610.420.770.090.780.770.250.490.02-0.760.5-0.76
0.420.410.41-0.29-0.590.430.390.390.420.40.230.470.40.410.260.840.470.230.270.540.88-0.58-0.130.5-0.13
-0.69-0.46-0.70.210.73-0.15-0.72-0.06-0.03-0.790.17-0.51-0.06-0.080.15-0.480.0-0.95-0.93-0.22-0.230.071.0-0.76-0.13
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Avanti Energy Account Relationship Matchups

Avanti Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets451.5K1.8M17.1M30.3M28.6M30.1M
Total Current Liabilities26.2K14.9K1.6M4.5M2.4M2.5M
Total Stockholder Equity425.2K1.8M15.4M25.7M25.8M27.1M
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)
Cash439.8K1.8M1.3M2.8M1.4M841.0K
Cash And Short Term Investments439.8K1.8M5.4M2.8M1.4M1.2M
Net Receivables11.7K2.8K53.0K195.8K57.9K70.5K
Common Stock Shares Outstanding5.5M12.1M40.6M58.3M78.3M82.2M
Liabilities And Stockholders Equity451.5K1.8M17.1M30.3M28.6M30.1M
Other Stockholder Equity12.0M945.3K953.1K1.6M1.9M1.8M
Total Liab26.2K14.9K1.6M4.6M2.8M2.9M
Total Current Assets451.5K1.8M5.6M3.1M1.5M1.3M
Accumulated Other Comprehensive Income953.1K1.6M6.2M11.1M12.6M13.2M
Net Tangible Assets4.7M(810.7K)425.2K1.8M1.6M1.6M
Accounts Payable26.2K14.861.5K4.5K2.4M2.5M
Non Currrent Assets Other4.9M333.8K0.062.5K22.4M23.5M
Other Current Assets11.7110.1K194.3K85.0K58.5K59.3K
Common Stock13.5M14.7M34.4M48.1M58.3M61.2M
Short Long Term Debt Total467.0K489.7K5.5K2.2K251.0K220.9K
Short Term Debt(183.4K)489.7K4.0K2.2K14.8K14.1K
Net Invested Capital425.2K1.8M15.4M25.7M25.8M27.1M
Net Working Capital425.2K1.8M4.1M(1.4M)(844.8K)(802.6K)
Capital Stock13.5M14.7M34.4M48.1M58.3M33.2M

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