| AVNW Stock | | | USD 15.12 0.67 4.64% |
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 Total Current Liabilities and its Cash 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.
Total Current Liabilities vs Cash
Total Current Liabilities vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Aviat Networks Total Current Liabilities account and
Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Aviat Networks' Total Current Liabilities and Cash is 0.64. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash 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' Total Current Liabilities and Cash 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 Current Liabilities of Aviat Networks are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Liabilities i.e., Aviat Networks' Total Current Liabilities and Cash go up and down completely randomly.
Correlation Coefficient | 0.64 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Total Current Liabilities
Total Current Liabilities is an item on Aviat Networks balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Aviat Networks are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Cash
Cash refers to the most liquid asset of Aviat Networks, which is listed under current asset account on Aviat Networks balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Aviat Networks customers. The amounts must be unrestricted with restricted cash listed in a different Aviat Networks account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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.
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.