Avanos Total Liab vs Long Term Debt Total Analysis

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 Total Liab and its Long Term Debt Total 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.

Total Liab vs Long Term Debt Total

Total Liab vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avanos Medical Total Liab account and Long Term Debt Total. At this time, the significance of the direction appears to have very week relationship.
The correlation between Avanos Medical's Total Liab and Long Term Debt Total is 0.22. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Long Term Debt Total 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 Total Liab and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Avanos Medical are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Total Liab i.e., Avanos Medical's Total Liab and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.22
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Long Term Debt Total

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.
 2021 2022 2024 (projected)
Interest Expense3.3M10M16.1M
Depreciation And Amortization38.3M41.1M43.0M

Avanos Medical fundamental ratios Correlations

0.810.930.910.420.0-0.190.780.390.160.840.940.950.89-0.22-0.060.840.240.920.750.20.190.810.010.220.63
0.810.750.750.34-0.36-0.060.620.110.270.770.770.880.68-0.06-0.160.930.20.730.590.210.380.430.170.420.46
0.930.750.760.53-0.11-0.190.890.410.220.910.90.850.77-0.21-0.160.760.080.780.860.270.320.880.210.350.48
0.910.750.760.20.06-0.060.530.27-0.020.680.810.920.84-0.050.130.770.350.960.440.01-0.080.64-0.13-0.030.68
0.420.340.530.20.1-0.690.510.270.50.360.520.260.56-0.670.010.380.370.380.670.930.60.55-0.290.610.56
0.0-0.36-0.110.060.1-0.55-0.080.61-0.31-0.450.02-0.20.35-0.520.37-0.380.260.21-0.070.11-0.40.28-0.68-0.40.46
-0.19-0.06-0.19-0.06-0.69-0.55-0.29-0.46-0.370.04-0.360.02-0.530.98-0.41-0.11-0.13-0.33-0.42-0.76-0.5-0.410.53-0.5-0.47
0.780.620.890.530.51-0.08-0.290.620.340.820.820.670.64-0.35-0.110.62-0.070.60.90.280.490.850.30.480.29
0.390.110.410.270.270.61-0.460.620.00.130.420.180.51-0.490.20.020.10.380.470.120.00.64-0.16-0.020.41
0.160.270.22-0.020.5-0.31-0.370.340.00.260.190.150.17-0.4-0.010.29-0.140.10.40.570.670.080.110.670.17
0.840.770.910.680.36-0.450.040.820.130.260.820.840.55-0.01-0.240.83-0.050.640.780.130.430.690.450.450.21
0.940.770.90.810.520.02-0.360.820.420.190.820.870.88-0.380.10.830.20.870.840.320.320.84-0.030.340.58
0.950.880.850.920.26-0.20.020.670.180.150.840.870.78-0.01-0.080.920.210.870.620.050.150.620.090.190.53
0.890.680.770.840.560.35-0.530.640.510.170.550.880.78-0.520.210.70.380.950.650.420.160.77-0.390.190.83
-0.22-0.06-0.21-0.05-0.67-0.520.98-0.35-0.49-0.4-0.01-0.38-0.01-0.52-0.31-0.14-0.08-0.33-0.46-0.72-0.55-0.430.44-0.55-0.43
-0.06-0.16-0.160.130.010.37-0.41-0.110.2-0.01-0.240.1-0.080.21-0.31-0.110.080.2-0.10.1-0.160.09-0.59-0.140.23
0.840.930.760.770.38-0.38-0.110.620.020.290.830.830.920.7-0.14-0.110.20.770.630.240.450.460.130.490.42
0.240.20.080.350.370.26-0.13-0.070.1-0.14-0.050.20.210.38-0.080.080.20.37-0.040.37-0.210.1-0.6-0.190.71
0.920.730.780.960.380.21-0.330.60.380.10.640.870.870.95-0.330.20.770.370.540.230.080.72-0.260.120.78
0.750.590.860.440.67-0.07-0.420.90.470.40.780.840.620.65-0.46-0.10.63-0.040.540.470.550.820.160.540.33
0.20.210.270.010.930.11-0.760.280.120.570.130.320.050.42-0.720.10.240.370.230.470.620.31-0.410.620.5
0.190.380.32-0.080.6-0.4-0.50.490.00.670.430.320.150.16-0.55-0.160.45-0.210.080.550.620.180.281.0-0.08
0.810.430.880.640.550.28-0.410.850.640.080.690.840.620.77-0.430.090.460.10.720.820.310.18-0.020.190.52
0.010.170.21-0.13-0.29-0.680.530.3-0.160.110.45-0.030.09-0.390.44-0.590.13-0.6-0.260.16-0.410.28-0.020.27-0.62
0.220.420.35-0.030.61-0.4-0.50.48-0.020.670.450.340.190.19-0.55-0.140.49-0.190.120.540.621.00.190.27-0.04
0.630.460.480.680.560.46-0.470.290.410.170.210.580.530.83-0.430.230.420.710.780.330.5-0.080.52-0.62-0.04
Click cells to compare fundamentals

Avanos Medical Account Relationship Matchups

Avanos Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B1.7B1.6B1.8B1.7B1.5B
Other Current Liab114.8M65M50.4M83.7M127.4M83.8M
Total Current Liabilities212.5M166.3M139.2M185.8M234.6M200.5M
Total Stockholder Equity1.3B1.3B1.3B1.3B1.2B1.4B
Other Liab11.2M16.7M18.7M48.9M56.2M30.6M
Net Tangible Assets280M296.3M321.1M220.8M253.9M181.9M
Retained Earnings(288.3M)(315.5M)(310.3M)(253.1M)(314.9M)(330.6M)
Accounts Payable83M67.6M56.4M67.9M56.3M86.0M
Cash205.3M111.5M118.5M127.7M87.7M147.2M
Other Assets27.4M71M26.5M22.2M25.5M24.3M
Long Term Debt248.1M180M130M226.3M159.4M256.1M
Net Receivables150.5M163.8M167.9M118.2M142.8M181.9M
Good Will800.9M802.5M801.6M819.4M796.1M728.2M
Retained Earnings Total Equity(288.3M)(315.5M)(310.3M)(253.1M)(227.8M)(239.2M)
Common Stock Shares Outstanding47.6M47.8M48.6M47.3M46.6M51.7M
Inventory145.9M168.9M150.3M190.3M163.2M152.4M
Other Current Assets23.5M18.9M31.6M196.2M93.3M50.8M
Other Stockholder Equity1.6B1.6B1.6B1.6B1.6B1.7B
Total Liab534.4M416.3M330.7M495.7M456.1M466.7M
Total Current Assets538.5M467.2M418.6M499.8M487M627.7M
Accumulated Other Comprehensive Income(32M)(28.1M)(33.8M)(35.8M)(27M)(28.4M)
Treasury Stock(5.3M)(8.9M)(9.8M)(21.3M)(19.2M)(18.2M)
Intangible Assets168.2M184.3M157.7M251M239.5M166.7M
Property Plant Equipment184.5M175.3M168.1M163.9M147.5M161.6M
Short Long Term Debt Total325.4M248.8M187.5M280M209.1M264.0M
Property Plant And Equipment Net248.5M223.6M206.7M194.5M144M183.3M
Net Debt120.1M137.3M69M152.3M121.4M148.1M
Non Current Assets Total1.3B1.2B1.2B1.3B1.2B1.1B
Non Currrent Assets Other11.3M11.8M16.5M17.6M19.3M12.0M
Cash And Short Term Investments205.3M111.5M118.5M127.7M87.7M159.4M
Liabilities And Stockholders Equity1.8B1.7B1.6B1.8B1.7B1.6B
Non Current Liabilities Total321.9M250M191.5M309.9M221.5M288.4M
Property Plant And Equipment Gross248.5M223.6M206.7M194.5M266.9M191.5M
Long Term Debt Total248.1M180M130M226.3M203.7M273.0M
Capital Surpluse1.6B1.6B1.6B1.6B1.9B1.7B
Non Current Liabilities Other73.8M64.3M51.9M18.7M4.1M3.9M

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