AvePoint Retained Earnings vs Other Current Liab 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 Retained Earnings and its Other Current Liab 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.

Retained Earnings vs Other Current Liab

Retained Earnings vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AvePoint Retained Earnings account and Other Current Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between AvePoint's Retained Earnings and Other Current Liab is -0.98. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of AvePoint, assuming nothing else is changed. The correlation between historical values of AvePoint's Retained Earnings and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of AvePoint are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Retained Earnings i.e., AvePoint's Retained Earnings and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.98
Relationship DirectionNegative 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Other Current Liab

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

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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.