AVNS Stock | | | USD 18.59 0.57 3.16% |
Avanos Medical financial indicator trend analysis is way more than just evaluating Avanos Medical prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avanos Medical is a good investment. Please check the relationship between Avanos Medical Long Term Debt Total and its Retained Earnings accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Avanos Medical. 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.
For more information on how to buy Avanos Stock please use our
How to Invest in Avanos Medical guide.
Long Term Debt Total vs Retained Earnings
Long Term Debt Total vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Avanos Medical Long Term Debt Total account and
Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Avanos Medical's Long Term Debt Total and Retained Earnings is 0.52. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Avanos Medical, assuming nothing else is changed. The correlation between historical values of Avanos Medical's Long Term Debt Total and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of Avanos Medical are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Long Term Debt Total i.e., Avanos Medical's Long Term Debt Total and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Long Term Debt Total
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Avanos Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Avanos Medical 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 Avanos Medical. 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.
For more information on how to buy Avanos Stock please use our
How to Invest in Avanos Medical guide.At this time, Avanos Medical's
Discontinued Operations is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 2.1
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 286.2
M in 2024.
Avanos Medical fundamental ratios Correlations
Click cells to compare fundamentals
Avanos Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Avanos Medical fundamental ratios Accounts
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Additional Tools for Avanos Stock Analysis
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measure Avanos Medical'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 Avanos Medical is operating at the current time. Most of Avanos Medical's value examination focuses on studying past and present price action to
predict the probability of Avanos Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avanos Medical's price. Additionally, you may evaluate how the addition of Avanos Medical to your portfolios can decrease your overall portfolio volatility.