Avient Long Term Debt vs Capital Stock Analysis

AVNT Stock

USD 51.17 1.35 2.71%

Avient Corp financial indicator trend analysis is way more than just evaluating Avient Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avient Corp is a good investment. Please check the relationship between Avient Corp Long Term Debt and its Capital Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avient Corp. 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 Avient Stock please use our How to Invest in Avient Corp guide.

Long Term Debt vs Capital Stock

Long Term Debt vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avient Corp Long Term Debt account and Capital Stock. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Avient Corp's Long Term Debt and Capital Stock is -0.29. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Avient Corp, assuming nothing else is changed. The correlation between historical values of Avient Corp's Long Term Debt and Capital Stock 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 of Avient Corp are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Long Term Debt i.e., Avient Corp's Long Term Debt and Capital Stock go up and down completely randomly.

Correlation Coefficient

-0.29

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Long Term Debt

Long-term debt is a debt that Avient Corp has held for over one year. Long-term debt appears on Avient Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Avient Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Most indicators from Avient Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Avient Corp 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 Avient Corp. 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 Avient Stock please use our How to Invest in Avient Corp guide.At this time, Avient Corp's Discontinued Operations is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 14.25 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.09 in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	75.3M	119.8M	115.3M	65.7M
Depreciation And Amortization	164.3M	181.1M	188.8M	99.4M

Interest Expense Depreciation And Amortization

Avient Corp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Intangible Assets
Total Assets		0.8	0.76	0.78	0.99	0.84	0.72	0.96	0.66	0.61	0.99	-0.1	0.61	0.59	-0.48	0.51	0.99	0.63	0.4	0.33	0.84	0.85	0.71	-0.21	-0.48	0.93
Short Long Term Debt Total	0.8		0.61	0.89	0.73	0.88	0.92	0.75	0.85	0.72	0.75	-0.07	0.72	0.74	-0.48	0.41	0.82	0.78	0.47	0.21	0.99	0.47	0.86	-0.27	-0.48	0.64
Other Current Liab	0.76	0.61		0.75	0.77	0.59	0.55	0.69	0.43	0.46	0.73	0.01	0.46	0.35	-0.14	0.3	0.69	0.57	0.74	0.41	0.65	0.54	0.61	0.02	-0.14	0.74
Total Current Liabilities	0.78	0.89	0.75		0.75	0.78	0.72	0.74	0.7	0.82	0.71	-0.05	0.82	0.64	-0.32	0.34	0.74	0.78	0.68	0.28	0.91	0.4	0.93	-0.1	-0.32	0.63
Total Stockholder Equity	0.99	0.73	0.77	0.75		0.83	0.64	0.95	0.56	0.6	0.98	-0.16	0.6	0.49	-0.39	0.48	0.95	0.54	0.38	0.38	0.79	0.87	0.66	-0.13	-0.39	0.95
Property Plant And Equipment Net	0.84	0.88	0.59	0.78	0.83		0.84	0.78	0.74	0.58	0.84	-0.3	0.58	0.6	-0.38	0.46	0.82	0.65	0.32	0.43	0.91	0.67	0.68	-0.17	-0.38	0.78
Net Debt	0.72	0.92	0.55	0.72	0.64	0.84		0.65	0.86	0.41	0.71	-0.07	0.41	0.7	-0.43	0.38	0.77	0.79	0.42	0.2	0.9	0.49	0.64	-0.26	-0.43	0.61
Retained Earnings	0.96	0.75	0.69	0.74	0.95	0.78	0.65		0.49	0.62	0.96	-0.17	0.62	0.39	-0.31	0.28	0.93	0.5	0.29	0.08	0.78	0.84	0.63	-0.04	-0.31	0.94
Accounts Payable	0.66	0.85	0.43	0.7	0.56	0.74	0.86	0.49		0.47	0.6	0.1	0.47	0.96	-0.72	0.7	0.72	0.86	0.45	0.44	0.84	0.36	0.76	-0.56	-0.72	0.42
Cash	0.61	0.72	0.46	0.82	0.6	0.58	0.41	0.62	0.47		0.52	-0.03	1.0	0.51	-0.38	0.28	0.57	0.46	0.37	0.14	0.74	0.26	0.89	-0.19	-0.38	0.44
Non Current Assets Total	0.99	0.75	0.73	0.71	0.98	0.84	0.71	0.96	0.6	0.52		-0.16	0.52	0.51	-0.41	0.46	0.97	0.55	0.32	0.31	0.79	0.9	0.61	-0.14	-0.41	0.97
Non Currrent Assets Other	-0.1	-0.07	0.01	-0.05	-0.16	-0.3	-0.07	-0.17	0.1	-0.03	-0.16		-0.03	0.21	-0.27	0.14	-0.05	0.15	0.27	-0.04	-0.1	-0.01	0.1	-0.21	-0.27	-0.27
Cash And Short Term Investments	0.61	0.72	0.46	0.82	0.6	0.58	0.41	0.62	0.47	1.0	0.52	-0.03		0.51	-0.38	0.28	0.57	0.46	0.37	0.14	0.74	0.26	0.89	-0.19	-0.38	0.44
Net Receivables	0.59	0.74	0.35	0.64	0.49	0.6	0.7	0.39	0.96	0.51	0.51	0.21	0.51		-0.8	0.77	0.65	0.81	0.43	0.46	0.74	0.27	0.78	-0.64	-0.8	0.3
Common Stock Total Equity	-0.48	-0.48	-0.14	-0.32	-0.39	-0.38	-0.43	-0.31	-0.72	-0.38	-0.41	-0.27	-0.38	-0.8		-0.89	-0.56	-0.59	-0.25	-0.4	-0.5	-0.34	-0.58	0.92	1.0	-0.19
Common Stock Shares Outstanding	0.51	0.41	0.3	0.34	0.48	0.46	0.38	0.28	0.7	0.28	0.46	0.14	0.28	0.77	-0.89		0.55	0.58	0.34	0.74	0.46	0.4	0.53	-0.82	-0.89	0.27
Non Current Liabilities Total	0.99	0.82	0.69	0.74	0.95	0.82	0.77	0.93	0.72	0.57	0.97	-0.05	0.57	0.65	-0.56	0.55		0.66	0.36	0.28	0.85	0.84	0.7	-0.3	-0.56	0.89
Inventory	0.63	0.78	0.57	0.78	0.54	0.65	0.79	0.5	0.86	0.46	0.55	0.15	0.46	0.81	-0.59	0.58	0.66		0.77	0.35	0.78	0.31	0.8	-0.48	-0.59	0.38
Other Current Assets	0.4	0.47	0.74	0.68	0.38	0.32	0.42	0.29	0.45	0.37	0.32	0.27	0.37	0.43	-0.25	0.34	0.36	0.77		0.37	0.49	0.1	0.65	-0.22	-0.25	0.23
Other Stockholder Equity	0.33	0.21	0.41	0.28	0.38	0.43	0.2	0.08	0.44	0.14	0.31	-0.04	0.14	0.46	-0.4	0.74	0.28	0.35	0.37		0.31	0.26	0.34	-0.39	-0.4	0.24
Total Liab	0.84	0.99	0.65	0.91	0.79	0.91	0.9	0.78	0.84	0.74	0.79	-0.1	0.74	0.74	-0.5	0.46	0.85	0.78	0.49	0.31		0.53	0.87	-0.28	-0.49	0.69
Property Plant And Equipment Gross	0.85	0.47	0.54	0.4	0.87	0.67	0.49	0.84	0.36	0.26	0.9	-0.01	0.26	0.27	-0.34	0.4	0.84	0.31	0.1	0.26	0.53		0.31	-0.09	-0.34	0.89
Total Current Assets	0.71	0.86	0.61	0.93	0.66	0.68	0.64	0.63	0.76	0.89	0.61	0.1	0.89	0.78	-0.58	0.53	0.7	0.8	0.65	0.34	0.87	0.31		-0.4	-0.58	0.46
Short Term Debt	-0.21	-0.27	0.02	-0.1	-0.13	-0.17	-0.26	-0.04	-0.56	-0.19	-0.14	-0.21	-0.19	-0.64	0.92	-0.82	-0.3	-0.48	-0.22	-0.39	-0.28	-0.09	-0.4		0.92	0.06
Common Stock	-0.48	-0.48	-0.14	-0.32	-0.39	-0.38	-0.43	-0.31	-0.72	-0.38	-0.41	-0.27	-0.38	-0.8	1.0	-0.89	-0.56	-0.59	-0.25	-0.4	-0.49	-0.34	-0.58	0.92		-0.19
Intangible Assets	0.93	0.64	0.74	0.63	0.95	0.78	0.61	0.94	0.42	0.44	0.97	-0.27	0.44	0.3	-0.19	0.27	0.89	0.38	0.23	0.24	0.69	0.89	0.46	0.06	-0.19

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Avient Corp Account Relationship Matchups

Avient Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.3B	4.9B	5.0B	6.1B	6.0B	6.3B
Short Long Term Debt Total	1.3B	2.0B	1.9B	2.2B	2.1B	1.1B
Other Current Liab	11.2M	257.3M	480.7M	256.7M	250.1M	262.6M
Total Current Liabilities	695.1M	804.6M	946.3M	869.4M	773.6M	590.5M
Total Stockholder Equity	1.1B	1.7B	1.8B	2.3B	2.3B	2.4B
Property Plant And Equipment Net	471.2M	775.8M	750.2M	1.1B	1.1B	627.2M
Net Debt	428.4M	1.3B	1.3B	1.6B	1.6B	799.7M
Retained Earnings	1.0B	1.1B	1.2B	1.8B	1.8B	1.9B
Accounts Payable	283.3M	471.7M	429.5M	454.4M	432.3M	339.1M
Cash	864.7M	649.5M	601.2M	641.1M	545.8M	276.7M
Non Current Assets Total	1.8B	3.3B	3.2B	4.5B	4.6B	4.8B
Non Currrent Assets Other	133.3M	195.4M	208.4M	(206.3M)	156.6M	140.5M
Cash And Short Term Investments	864.7M	649.5M	601.2M	641.1M	545.8M	276.7M
Net Receivables	326.8M	516.6M	439.9M	440.6M	399.9M	363.2M
Common Stock Shares Outstanding	77.7M	90.6M	92.1M	92.2M	91.8M	96.4M
Liabilities And Stockholders Equity	3.3B	4.9B	5.0B	6.1B	6.0B	6.3B
Non Current Liabilities Total	1.5B	2.4B	2.3B	2.9B	2.9B	3.0B
Inventory	260.9M	327.5M	461.1M	372.7M	347M	301.2M
Other Current Assets	54M	108.5M	480.1M	115.3M	114.9M	83.4M
Other Stockholder Equity	132.1M	612.1M	611.1M	585.5M	597.2M	467.5M
Total Liab	2.2B	3.2B	3.2B	3.7B	3.6B	2.0B
Property Plant And Equipment Gross	471.2M	775.8M	750.2M	1.1B	2.0B	2.1B
Total Current Assets	1.5B	1.6B	1.8B	1.6B	1.4B	1.0B
Short Term Debt	39.4M	68.8M	29.7M	36.2M	42.7M	37.2M
Accumulated Other Comprehensive Income	(82.6M)	26.4M	(45.6M)	(75.8M)	(87.4M)	(91.8M)
Intangible Assets	469.3M	1.0B	925.2M	1.6B	1.6B	1.7B
Good Will	685.7M	1.3B	1.3B	1.7B	1.7B	1.8B
Current Deferred Revenue	361.2M	259M	319.6M	342.5M	72M	68.4M
Net Tangible Assets	(103.1M)	(619.5M)	(436.9M)	(935M)	(841.5M)	(799.4M)
Long Term Debt	1.2B	1.9B	1.9B	2.2B	2.1B	1.5B
Retained Earnings Total Equity	1.0B	1.1B	1.2B	1.8B	2.1B	2.2B
Long Term Debt Total	1.2B	1.9B	1.9B	2.2B	2.5B	1.4B
Capital Surpluse	1.2B	1.5B	1.5B	1.5B	1.7B	1.3B
Treasury Stock	(1.0B)	(1.0B)	(901.2M)	(900.7M)	(810.6M)	(851.2M)
Non Current Liabilities Other	11.9M	363.8M	165.1M	235.5M	22.1M	21.0M
Property Plant Equipment	471.2M	694.9M	750.2M	1.0B	1.2B	629.3M
Deferred Long Term Liab	63.5M	140M	100.6M	342.5M	393.9M	413.6M

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