AVNW Stock | | | USD 15.42 0.30 1.98% |
Aviat Networks financial indicator trend analysis is way more than just evaluating Aviat Networks prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aviat Networks is a good investment. Please check the relationship between Aviat Networks Net Interest Income and its Gross Profit accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Aviat Networks. 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 Aviat Stock please use our
How to Invest in Aviat Networks guide.
Net Interest Income vs Gross Profit
Net Interest Income vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Aviat Networks Net Interest Income account and
Gross Profit. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Aviat Networks' Net Interest Income and Gross Profit is -0.44. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Aviat Networks, assuming nothing else is changed. The correlation between historical values of Aviat Networks' Net Interest Income and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Aviat Networks are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Interest Income i.e., Aviat Networks' Net Interest Income and Gross Profit go up and down completely randomly.
Correlation Coefficient | -0.44 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Aviat Networks minus its cost of goods sold. It is profit before Aviat Networks operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Aviat Networks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aviat Networks 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 Aviat Networks. 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 Aviat Stock please use our
How to Invest in Aviat Networks guide.At this time, Aviat Networks'
Tax Provision is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 59.25 in 2024, whereas
Selling General Administrative is likely to drop slightly above 81.4
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 109.2M | 124.2M | 144.7M | 103.0M | Total Revenue | 303.0M | 346.6M | 408.1M | 357.3M |
Aviat Networks fundamental ratios Correlations
Click cells to compare fundamentals
Aviat Networks Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aviat Networks fundamental ratios Accounts
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Additional Tools for Aviat Stock Analysis
When running Aviat Networks' price analysis, check to
measure Aviat Networks' 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 Aviat Networks is operating at the current time. Most of Aviat Networks' value examination focuses on studying past and present price action to
predict the probability of Aviat Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aviat Networks' price. Additionally, you may evaluate how the addition of Aviat Networks to your portfolios can decrease your overall portfolio volatility.