Anavex Ebit vs Total Other Income Expense Net Analysis

AVXL Stock  USD 9.11  0.09  1.00%   
Anavex Life financial indicator trend analysis is way more than just evaluating Anavex Life Sciences prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anavex Life Sciences is a good investment. Please check the relationship between Anavex Life Ebit and its Total Other Income Expense Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anavex Life Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Ebit vs Total Other Income Expense Net

Ebit vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anavex Life Sciences Ebit account and Total Other Income Expense Net. At this time, the significance of the direction appears to have pay attention.
The correlation between Anavex Life's Ebit and Total Other Income Expense Net is -0.87. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Anavex Life Sciences, assuming nothing else is changed. The correlation between historical values of Anavex Life's Ebit and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Anavex Life Sciences are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Ebit i.e., Anavex Life's Ebit and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

-0.87
Relationship DirectionNegative 
Relationship StrengthSignificant

Ebit

Total Other Income Expense Net

Most indicators from Anavex Life's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anavex Life Sciences 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 Anavex Life Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
At this time, Anavex Life's Selling General Administrative is quite stable compared to the past year. Issuance Of Capital Stock is expected to rise to about 47.1 M this year, although Enterprise Value Over EBITDA will most likely fall to (6.30).
 2021 2022 2023 2024 (projected)
Tax Provision358.5K7K8.1K7.6K
Interest Income947.0K6.5M7.5M7.9M

Anavex Life fundamental ratios Correlations

0.930.961.0-0.98-0.931.01.00.90.910.980.931.00.910.78-0.220.05-0.36-0.080.58-0.26-0.080.850.641.00.32
0.930.960.93-0.88-0.910.930.930.890.910.960.910.930.910.79-0.270.01-0.27-0.10.71-0.11-0.10.80.420.930.2
0.960.960.96-0.93-0.960.960.960.950.960.990.960.960.950.85-0.280.14-0.32-0.110.69-0.27-0.110.850.630.960.22
1.00.930.96-0.98-0.931.01.00.890.910.980.931.00.90.78-0.240.04-0.37-0.090.56-0.26-0.090.840.641.00.33
-0.98-0.88-0.93-0.980.93-0.98-0.98-0.87-0.88-0.95-0.89-0.98-0.87-0.760.25-0.040.360.11-0.550.240.11-0.79-0.68-0.98-0.4
-0.93-0.91-0.96-0.930.93-0.93-0.93-0.94-0.97-0.97-0.93-0.93-0.95-0.870.25-0.240.380.08-0.710.220.08-0.8-0.61-0.93-0.33
1.00.930.961.0-0.98-0.931.00.90.910.980.931.00.910.78-0.220.04-0.35-0.080.57-0.26-0.080.850.621.00.33
1.00.930.961.0-0.98-0.931.00.90.910.980.931.00.910.78-0.220.04-0.35-0.080.57-0.26-0.080.850.621.00.33
0.90.890.950.89-0.87-0.940.90.90.930.940.960.91.00.88-0.080.21-0.210.120.83-0.210.120.860.620.890.26
0.910.910.960.91-0.88-0.970.910.910.930.960.90.910.940.93-0.320.29-0.48-0.120.71-0.08-0.120.740.610.910.27
0.980.960.990.98-0.95-0.970.980.980.940.960.960.980.950.84-0.240.14-0.37-0.070.66-0.25-0.070.860.580.980.28
0.930.910.960.93-0.89-0.930.930.930.960.90.960.930.970.790.020.09-0.220.10.71-0.330.10.960.590.930.2
1.00.930.961.0-0.98-0.931.01.00.90.910.980.930.910.78-0.220.05-0.36-0.080.58-0.26-0.080.850.641.00.32
0.910.910.950.9-0.87-0.950.910.911.00.940.950.970.910.87-0.080.2-0.210.110.82-0.220.110.870.60.90.24
0.780.790.850.78-0.76-0.870.780.780.880.930.840.790.780.87-0.320.32-0.520.050.760.080.050.610.620.780.13
-0.22-0.27-0.28-0.240.250.25-0.22-0.22-0.08-0.32-0.240.02-0.22-0.08-0.32-0.170.370.59-0.06-0.130.590.21-0.2-0.24-0.08
0.050.010.140.04-0.04-0.240.040.040.210.290.140.090.050.20.32-0.17-0.25-0.090.290.02-0.09-0.010.160.05-0.07
-0.36-0.27-0.32-0.370.360.38-0.35-0.35-0.21-0.48-0.37-0.22-0.36-0.21-0.520.37-0.250.20.09-0.180.2-0.12-0.28-0.36-0.1
-0.08-0.1-0.11-0.090.110.08-0.08-0.080.12-0.12-0.070.1-0.080.110.050.59-0.090.20.18-0.071.00.19-0.11-0.09-0.05
0.580.710.690.56-0.55-0.710.570.570.830.710.660.710.580.820.76-0.060.290.090.180.040.180.550.340.570.07
-0.26-0.11-0.27-0.260.240.22-0.26-0.26-0.21-0.08-0.25-0.33-0.26-0.220.08-0.130.02-0.18-0.070.04-0.07-0.47-0.24-0.25-0.16
-0.08-0.1-0.11-0.090.110.08-0.08-0.080.12-0.12-0.070.1-0.080.110.050.59-0.090.21.00.18-0.070.19-0.11-0.09-0.05
0.850.80.850.84-0.79-0.80.850.850.860.740.860.960.850.870.610.21-0.01-0.120.190.55-0.470.190.520.840.1
0.640.420.630.64-0.68-0.610.620.620.620.610.580.590.640.60.62-0.20.16-0.28-0.110.34-0.24-0.110.520.640.14
1.00.930.961.0-0.98-0.931.01.00.890.910.980.931.00.90.78-0.240.05-0.36-0.090.57-0.25-0.090.840.640.33
0.320.20.220.33-0.4-0.330.330.330.260.270.280.20.320.240.13-0.08-0.07-0.1-0.050.07-0.16-0.050.10.140.33
Click cells to compare fundamentals

Anavex Life Account Relationship Matchups

Anavex Life fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets34.5M161.6M152.7M154.4M177.5M186.4M
Other Current Liab3.3M5.6M6.4M8.2M9.4M9.9M
Total Current Liabilities7.3M10.8M10.2M12.5M14.4M15.1M
Total Stockholder Equity27.2M150.8M142.5M141.9M163.1M171.3M
Net Debt(29.2M)(152.1M)(149.2M)(151.0M)(135.9M)(129.1M)
Retained Earnings(159.7M)(197.6M)(245.6M)(293.1M)(263.8M)(250.6M)
Cash29.2M152.1M149.2M151.0M173.7M182.4M
Cash And Short Term Investments29.2M152.1M149.2M151.0M173.7M182.4M
Common Stock Total Equity52.7K62.0K75.9K77.9K89.6K94.1K
Common Stock Shares Outstanding58.2M69.8M76.9M79.8M91.8M96.3M
Liabilities And Stockholders Equity34.5M161.6M152.7M154.4M177.5M186.4M
Other Stockholder Equity186.9M348.3M388.0M434.8M500.1M525.1M
Total Liab7.3M10.8M10.2M12.5M14.4M15.1M
Total Current Assets34.5M161.6M152.7M154.4M177.5M186.4M
Common Stock62.0K75.9K77.9K82K94.3K99.0K
Accounts Payable4.0M4.7M3.8M4.3M5.0M5.2M
Other Current Assets443.8K371.9K354K653K751.0K496.3K
Non Current Liabilities Total3.3M5.6M4.3M7.3M8.4M8.8M
Net Receivables4.8M9.1M3.2M2.7M3.1M2.1M
Net Tangible Assets27.2M150.8M142.5M141.9M163.1M171.3M
Retained Earnings Total Equity(133.4M)(159.7M)(197.6M)(245.6M)(221.0M)(210.0M)
Capital Surpluse153.6M186.9M348.3M388.0M446.2M468.5M
Net Invested Capital27.2M150.8M142.5M141.9M163.1M82.9M
Net Working Capital27.2M150.8M142.5M141.9M163.1M82.9M
Capital Stock62.0K75.9K77.9K82K94.3K72.7K

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When determining whether Anavex Life Sciences is a strong investment it is important to analyze Anavex Life's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Anavex Life's future performance. For an informed investment choice regarding Anavex Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anavex Life Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Anavex Life. If investors know Anavex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Anavex Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.51)
Return On Assets
(0.20)
Return On Equity
(0.30)
The market value of Anavex Life Sciences is measured differently than its book value, which is the value of Anavex that is recorded on the company's balance sheet. Investors also form their own opinion of Anavex Life's value that differs from its market value or its book value, called intrinsic value, which is Anavex Life's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Anavex Life's market value can be influenced by many factors that don't directly affect Anavex Life's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Anavex Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Anavex Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Anavex Life's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.