Avient Short 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 Short 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.

Short Term Debt vs Capital Stock

Short 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 Short Term Debt account and Capital Stock. At this time, the significance of the direction appears to have no relationship.
The correlation between Avient Corp's Short Term Debt and Capital Stock is 0.03. Overlapping area represents the amount of variation of Short 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 Short 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 Short 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 Short Term Debt i.e., Avient Corp's Short Term Debt and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.03
Relationship DirectionPositive 
Relationship StrengthInsignificant

Short Term Debt

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 Expense75.3M119.8M115.3M65.7M
Depreciation And Amortization164.3M181.1M188.8M99.4M

Avient Corp fundamental ratios Correlations

0.80.760.780.990.840.720.960.660.610.99-0.10.610.59-0.480.510.990.630.40.330.840.850.71-0.21-0.480.93
0.80.610.890.730.880.920.750.850.720.75-0.070.720.74-0.480.410.820.780.470.210.990.470.86-0.27-0.480.64
0.760.610.750.770.590.550.690.430.460.730.010.460.35-0.140.30.690.570.740.410.650.540.610.02-0.140.74
0.780.890.750.750.780.720.740.70.820.71-0.050.820.64-0.320.340.740.780.680.280.910.40.93-0.1-0.320.63
0.990.730.770.750.830.640.950.560.60.98-0.160.60.49-0.390.480.950.540.380.380.790.870.66-0.13-0.390.95
0.840.880.590.780.830.840.780.740.580.84-0.30.580.6-0.380.460.820.650.320.430.910.670.68-0.17-0.380.78
0.720.920.550.720.640.840.650.860.410.71-0.070.410.7-0.430.380.770.790.420.20.90.490.64-0.26-0.430.61
0.960.750.690.740.950.780.650.490.620.96-0.170.620.39-0.310.280.930.50.290.080.780.840.63-0.04-0.310.94
0.660.850.430.70.560.740.860.490.470.60.10.470.96-0.720.70.720.860.450.440.840.360.76-0.56-0.720.42
0.610.720.460.820.60.580.410.620.470.52-0.031.00.51-0.380.280.570.460.370.140.740.260.89-0.19-0.380.44
0.990.750.730.710.980.840.710.960.60.52-0.160.520.51-0.410.460.970.550.320.310.790.90.61-0.14-0.410.97
-0.1-0.070.01-0.05-0.16-0.3-0.07-0.170.1-0.03-0.16-0.030.21-0.270.14-0.050.150.27-0.04-0.1-0.010.1-0.21-0.27-0.27
0.610.720.460.820.60.580.410.620.471.00.52-0.030.51-0.380.280.570.460.370.140.740.260.89-0.19-0.380.44
0.590.740.350.640.490.60.70.390.960.510.510.210.51-0.80.770.650.810.430.460.740.270.78-0.64-0.80.3
-0.48-0.48-0.14-0.32-0.39-0.38-0.43-0.31-0.72-0.38-0.41-0.27-0.38-0.8-0.89-0.56-0.59-0.25-0.4-0.5-0.34-0.580.921.0-0.19
0.510.410.30.340.480.460.380.280.70.280.460.140.280.77-0.890.550.580.340.740.460.40.53-0.82-0.890.27
0.990.820.690.740.950.820.770.930.720.570.97-0.050.570.65-0.560.550.660.360.280.850.840.7-0.3-0.560.89
0.630.780.570.780.540.650.790.50.860.460.550.150.460.81-0.590.580.660.770.350.780.310.8-0.48-0.590.38
0.40.470.740.680.380.320.420.290.450.370.320.270.370.43-0.250.340.360.770.370.490.10.65-0.22-0.250.23
0.330.210.410.280.380.430.20.080.440.140.31-0.040.140.46-0.40.740.280.350.370.310.260.34-0.39-0.40.24
0.840.990.650.910.790.910.90.780.840.740.79-0.10.740.74-0.50.460.850.780.490.310.530.87-0.28-0.490.69
0.850.470.540.40.870.670.490.840.360.260.9-0.010.260.27-0.340.40.840.310.10.260.530.31-0.09-0.340.89
0.710.860.610.930.660.680.640.630.760.890.610.10.890.78-0.580.530.70.80.650.340.870.31-0.4-0.580.46
-0.21-0.270.02-0.1-0.13-0.17-0.26-0.04-0.56-0.19-0.14-0.21-0.19-0.640.92-0.82-0.3-0.48-0.22-0.39-0.28-0.09-0.40.920.06
-0.48-0.48-0.14-0.32-0.39-0.38-0.43-0.31-0.72-0.38-0.41-0.27-0.38-0.81.0-0.89-0.56-0.59-0.25-0.4-0.49-0.34-0.580.92-0.19
0.930.640.740.630.950.780.610.940.420.440.97-0.270.440.3-0.190.270.890.380.230.240.690.890.460.06-0.19
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Avient Corp Account Relationship Matchups

Avient Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.3B4.9B5.0B6.1B6.0B6.3B
Short Long Term Debt Total1.3B2.0B1.9B2.2B2.1B1.1B
Other Current Liab11.2M257.3M480.7M256.7M250.1M262.6M
Total Current Liabilities695.1M804.6M946.3M869.4M773.6M590.5M
Total Stockholder Equity1.1B1.7B1.8B2.3B2.3B2.4B
Property Plant And Equipment Net471.2M775.8M750.2M1.1B1.1B627.2M
Net Debt428.4M1.3B1.3B1.6B1.6B799.7M
Retained Earnings1.0B1.1B1.2B1.8B1.8B1.9B
Accounts Payable283.3M471.7M429.5M454.4M432.3M339.1M
Cash864.7M649.5M601.2M641.1M545.8M276.7M
Non Current Assets Total1.8B3.3B3.2B4.5B4.6B4.8B
Non Currrent Assets Other133.3M195.4M208.4M(206.3M)156.6M140.5M
Cash And Short Term Investments864.7M649.5M601.2M641.1M545.8M276.7M
Net Receivables326.8M516.6M439.9M440.6M399.9M363.2M
Common Stock Shares Outstanding77.7M90.6M92.1M92.2M91.8M96.4M
Liabilities And Stockholders Equity3.3B4.9B5.0B6.1B6.0B6.3B
Non Current Liabilities Total1.5B2.4B2.3B2.9B2.9B3.0B
Inventory260.9M327.5M461.1M372.7M347M301.2M
Other Current Assets54M108.5M480.1M115.3M114.9M83.4M
Other Stockholder Equity132.1M612.1M611.1M585.5M597.2M467.5M
Total Liab2.2B3.2B3.2B3.7B3.6B2.0B
Property Plant And Equipment Gross471.2M775.8M750.2M1.1B2.0B2.1B
Total Current Assets1.5B1.6B1.8B1.6B1.4B1.0B
Short Term Debt39.4M68.8M29.7M36.2M42.7M37.2M
Accumulated Other Comprehensive Income(82.6M)26.4M(45.6M)(75.8M)(87.4M)(91.8M)
Intangible Assets469.3M1.0B925.2M1.6B1.6B1.7B
Good Will685.7M1.3B1.3B1.7B1.7B1.8B
Current Deferred Revenue361.2M259M319.6M342.5M72M68.4M
Net Tangible Assets(103.1M)(619.5M)(436.9M)(935M)(841.5M)(799.4M)
Long Term Debt1.2B1.9B1.9B2.2B2.1B1.5B
Retained Earnings Total Equity1.0B1.1B1.2B1.8B2.1B2.2B
Long Term Debt Total1.2B1.9B1.9B2.2B2.5B1.4B
Capital Surpluse1.2B1.5B1.5B1.5B1.7B1.3B
Treasury Stock(1.0B)(1.0B)(901.2M)(900.7M)(810.6M)(851.2M)
Non Current Liabilities Other11.9M363.8M165.1M235.5M22.1M21.0M
Property Plant Equipment471.2M694.9M750.2M1.0B1.2B629.3M
Deferred Long Term Liab63.5M140M100.6M342.5M393.9M413.6M

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