Avepoint Income Before Tax vs Total Revenue Analysis

AVPT Stock  USD 18.12  0.10  0.55%   
Avepoint financial indicator trend analysis is way more than just evaluating Avepoint prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avepoint is a good investment. Please check the relationship between Avepoint Income Before Tax and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avepoint. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Avepoint Stock please use our How to Invest in Avepoint guide.

Income Before Tax vs Total Revenue

Income Before Tax vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avepoint Income Before Tax account and Total Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Avepoint's Income Before Tax and Total Revenue is -0.44. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Avepoint, assuming nothing else is changed. The correlation between historical values of Avepoint's Income Before Tax and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Avepoint are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Income Before Tax i.e., Avepoint's Income Before Tax and Total Revenue go up and down completely randomly.

Correlation Coefficient

-0.44
Relationship DirectionNegative 
Relationship StrengthVery Weak

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Avepoint income statement and is an important metric when analyzing Avepoint profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Total Revenue

Total revenue comprises all receipts Avepoint generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Avepoint's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Avepoint 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 Avepoint. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Avepoint Stock please use our How to Invest in Avepoint guide.At this time, Avepoint's Tax Provision is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 1.2 B in 2024, whereas Selling General Administrative is likely to drop slightly above 54.3 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization1.2M3.5M4.7M2.5M
Interest Income102K72K26K47.5K

Avepoint fundamental ratios Correlations

0.190.270.48-0.930.010.550.41-0.4-0.230.590.420.030.16-0.320.420.46-0.32-0.040.710.71-0.740.070.010.570.4
0.190.99-0.74-0.460.980.780.94-0.93-0.980.790.94-0.961.0-0.20.940.91-0.58-0.980.82-0.470.080.980.970.910.97
0.270.99-0.69-0.520.950.830.97-0.93-0.980.780.94-0.920.99-0.270.940.95-0.62-0.950.86-0.370.070.960.940.940.97
0.48-0.74-0.69-0.18-0.82-0.35-0.580.540.73-0.25-0.520.84-0.770.15-0.52-0.520.470.82-0.230.83-0.59-0.77-0.83-0.41-0.56
-0.93-0.46-0.52-0.18-0.31-0.68-0.610.670.52-0.79-0.660.28-0.430.36-0.66-0.650.550.34-0.86-0.450.72-0.32-0.32-0.76-0.64
0.010.980.95-0.82-0.310.650.86-0.9-0.960.730.9-0.990.97-0.10.90.81-0.52-1.00.7-0.620.160.991.00.820.92
0.550.780.83-0.35-0.680.650.89-0.73-0.770.650.76-0.60.77-0.290.760.9-0.53-0.670.890.01-0.070.70.630.880.81
0.410.940.97-0.58-0.610.860.89-0.88-0.930.750.89-0.820.95-0.430.91.0-0.69-0.860.89-0.180.040.890.850.960.94
-0.4-0.93-0.930.540.67-0.9-0.73-0.880.95-0.95-0.990.89-0.910.19-0.99-0.860.620.91-0.890.320.26-0.88-0.91-0.94-0.98
-0.23-0.98-0.980.730.52-0.96-0.77-0.930.95-0.8-0.940.95-0.980.3-0.94-0.910.710.97-0.820.44-0.01-0.93-0.96-0.9-0.96
0.590.790.78-0.25-0.790.730.650.75-0.95-0.80.95-0.730.74-0.060.940.73-0.47-0.750.91-0.13-0.540.730.740.890.91
0.420.940.94-0.52-0.660.90.760.89-0.99-0.940.95-0.890.92-0.121.00.87-0.54-0.910.91-0.31-0.240.910.90.950.99
0.03-0.96-0.920.840.28-0.99-0.6-0.820.890.95-0.73-0.89-0.950.08-0.89-0.770.530.99-0.660.67-0.15-0.96-1.0-0.78-0.9
0.161.00.99-0.77-0.430.970.770.95-0.91-0.980.740.92-0.95-0.270.920.92-0.62-0.970.79-0.460.150.980.970.90.95
-0.32-0.2-0.270.150.36-0.1-0.29-0.430.190.3-0.06-0.120.08-0.27-0.13-0.490.820.09-0.24-0.38-0.12-0.08-0.12-0.3-0.17
0.420.940.94-0.52-0.660.90.760.9-0.99-0.940.941.0-0.890.92-0.130.87-0.54-0.910.92-0.31-0.240.910.90.950.99
0.460.910.95-0.52-0.650.810.91.0-0.86-0.910.730.87-0.770.92-0.490.87-0.71-0.810.9-0.090.020.850.80.960.91
-0.32-0.58-0.620.470.55-0.52-0.53-0.690.620.71-0.47-0.540.53-0.620.82-0.54-0.710.54-0.540.00.05-0.44-0.55-0.6-0.57
-0.04-0.98-0.950.820.34-1.0-0.67-0.860.910.97-0.75-0.910.99-0.970.09-0.91-0.810.54-0.720.62-0.12-0.97-1.0-0.82-0.93
0.710.820.86-0.23-0.860.70.890.89-0.89-0.820.910.91-0.660.79-0.240.920.9-0.54-0.720.06-0.390.740.690.980.92
0.71-0.47-0.370.83-0.45-0.620.01-0.180.320.44-0.13-0.310.67-0.46-0.38-0.31-0.090.00.620.06-0.47-0.56-0.64-0.08-0.31
-0.740.080.07-0.590.720.16-0.070.040.26-0.01-0.54-0.24-0.150.15-0.12-0.240.020.05-0.12-0.39-0.470.180.13-0.21-0.16
0.070.980.96-0.77-0.320.990.70.89-0.88-0.930.730.91-0.960.98-0.080.910.85-0.44-0.970.74-0.560.180.970.850.93
0.010.970.94-0.83-0.321.00.630.85-0.91-0.960.740.9-1.00.97-0.120.90.8-0.55-1.00.69-0.640.130.970.810.91
0.570.910.94-0.41-0.760.820.880.96-0.94-0.90.890.95-0.780.9-0.30.950.96-0.6-0.820.98-0.08-0.210.850.810.97
0.40.970.97-0.56-0.640.920.810.94-0.98-0.960.910.99-0.90.95-0.170.990.91-0.57-0.930.92-0.31-0.160.930.910.97
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Avepoint Account Relationship Matchups

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Additional Tools for Avepoint Stock Analysis

When running Avepoint's price analysis, check to measure Avepoint's 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 Avepoint is operating at the current time. Most of Avepoint's value examination focuses on studying past and present price action to predict the probability of Avepoint's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avepoint's price. Additionally, you may evaluate how the addition of Avepoint to your portfolios can decrease your overall portfolio volatility.