AvePoint Net Interest Income vs Tax Provision Analysis

AVPTW Stock  USD 6.91  0.05  0.72%   
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 Net Interest Income and its Tax Provision 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 estimate.
For more information on how to buy AvePoint Stock please use our How to Invest in AvePoint guide.

Net Interest Income vs Tax Provision

Net Interest Income vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AvePoint Net Interest Income account and Tax Provision. At this time, the significance of the direction appears to have almost identical trend.
The correlation between AvePoint's Net Interest Income and Tax Provision is 0.94. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Tax Provision in the same time period over historical financial statements of AvePoint, assuming nothing else is changed. The correlation between historical values of AvePoint's Net Interest Income and Tax Provision 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 AvePoint are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Net Interest Income i.e., AvePoint's Net Interest Income and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
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 estimate.
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 fairly stable compared to the past year. Enterprise Value is likely to climb 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

0.190.270.48-0.140.550.41-0.4-0.230.590.420.030.160.420.460.11-0.040.710.71-0.740.070.010.570.40.190.38
0.190.99-0.74-0.980.780.94-0.93-0.980.790.94-0.961.00.940.910.98-0.980.82-0.470.080.980.970.910.970.990.97
0.270.99-0.69-0.980.830.97-0.93-0.980.780.94-0.920.990.940.950.97-0.950.86-0.370.070.960.940.940.970.990.97
0.48-0.74-0.690.79-0.35-0.580.540.73-0.25-0.520.84-0.77-0.52-0.52-0.810.82-0.230.83-0.59-0.77-0.83-0.41-0.56-0.75-0.57
-0.14-0.98-0.980.79-0.73-0.930.920.99-0.75-0.910.97-0.99-0.91-0.9-1.00.98-0.760.49-0.11-0.95-0.98-0.87-0.94-0.98-0.94
0.550.780.83-0.35-0.730.89-0.73-0.770.650.76-0.60.770.760.90.71-0.670.890.01-0.070.70.630.880.810.810.78
0.410.940.97-0.58-0.930.89-0.88-0.930.750.89-0.820.950.91.00.91-0.860.89-0.180.040.890.850.960.940.970.93
-0.4-0.93-0.930.540.92-0.73-0.880.95-0.95-0.990.89-0.91-0.99-0.86-0.930.91-0.890.320.26-0.88-0.91-0.94-0.98-0.89-0.99
-0.23-0.98-0.980.730.99-0.77-0.930.95-0.8-0.940.95-0.98-0.94-0.91-0.990.97-0.820.44-0.01-0.93-0.96-0.9-0.96-0.97-0.96
0.590.790.78-0.25-0.750.650.75-0.95-0.80.95-0.730.740.940.730.75-0.750.91-0.13-0.540.730.740.890.910.720.91
0.420.940.94-0.52-0.910.760.89-0.99-0.940.95-0.890.921.00.870.91-0.910.91-0.31-0.240.910.90.950.990.91.0
0.03-0.96-0.920.840.97-0.6-0.820.890.95-0.73-0.89-0.95-0.89-0.77-0.980.99-0.660.67-0.15-0.96-1.0-0.78-0.9-0.93-0.91
0.161.00.99-0.77-0.990.770.95-0.91-0.980.740.92-0.950.920.920.98-0.970.79-0.460.150.980.970.90.951.00.95
0.420.940.94-0.52-0.910.760.9-0.99-0.940.941.0-0.890.920.870.91-0.910.92-0.31-0.240.910.90.950.990.91.0
0.460.910.95-0.52-0.90.91.0-0.86-0.910.730.87-0.770.920.870.87-0.810.9-0.090.020.850.80.960.910.940.9
0.110.980.97-0.81-1.00.710.91-0.93-0.990.750.91-0.980.980.910.87-0.980.75-0.530.10.950.990.850.930.970.94
-0.04-0.98-0.950.820.98-0.67-0.860.910.97-0.75-0.910.99-0.97-0.91-0.81-0.98-0.720.62-0.12-0.97-1.0-0.82-0.93-0.95-0.93
0.710.820.86-0.23-0.760.890.89-0.89-0.820.910.91-0.660.790.920.90.75-0.720.06-0.390.740.690.980.920.80.91
0.71-0.47-0.370.830.490.01-0.180.320.44-0.13-0.310.67-0.46-0.31-0.09-0.530.620.06-0.47-0.56-0.64-0.08-0.31-0.42-0.33
-0.740.080.07-0.59-0.11-0.070.040.26-0.01-0.54-0.24-0.150.15-0.240.020.1-0.12-0.39-0.470.180.13-0.21-0.160.17-0.16
0.070.980.96-0.77-0.950.70.89-0.88-0.930.730.91-0.960.980.910.850.95-0.970.74-0.560.180.970.850.930.960.93
0.010.970.94-0.83-0.980.630.85-0.91-0.960.740.9-1.00.970.90.80.99-1.00.69-0.640.130.970.810.910.950.92
0.570.910.94-0.41-0.870.880.96-0.94-0.90.890.95-0.780.90.950.960.85-0.820.98-0.08-0.210.850.810.970.90.96
0.40.970.97-0.56-0.940.810.94-0.98-0.960.910.99-0.90.950.990.910.93-0.930.92-0.31-0.160.930.910.970.941.0
0.190.990.99-0.75-0.980.810.97-0.89-0.970.720.9-0.931.00.90.940.97-0.950.8-0.420.170.960.950.90.940.94
0.380.970.97-0.57-0.940.780.93-0.99-0.960.911.0-0.910.951.00.90.94-0.930.91-0.33-0.160.930.920.961.00.94
Click cells to compare fundamentals

AvePoint Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.