Advent Short Long Term Debt vs Long Term Investments Analysis

AWI Stock

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Advent Wireless financial indicator trend analysis is way more than just evaluating Advent Wireless prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Advent Wireless is a good investment. Please check the relationship between Advent Wireless Short Long Term Debt and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advent Wireless. 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.

Short Long Term Debt vs Long Term Investments

Short Long Term Debt vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Advent Wireless Short Long Term Debt account and Long Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Advent Wireless' Short Long Term Debt and Long Term Investments is -0.66. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Advent Wireless, assuming nothing else is changed. The correlation between historical values of Advent Wireless' Short Long Term Debt and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Advent Wireless are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Short Long Term Debt i.e., Advent Wireless' Short Long Term Debt and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.66

Relationship Direction	Negative
Relationship Strength	Weak

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Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Long Term Investments

Long Term Investments is an item on the asset side of Advent Wireless balance sheet that represents investments Advent Wireless intends to hold for over a year. Advent Wireless long term investments may include different instruments such as stocks, bonds, real estate and cash.

Most indicators from Advent Wireless' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Advent Wireless 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 Advent Wireless. 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.

Selling General Administrative is likely to climb to about 3.2 M in 2024, despite the fact that Discontinued Operations is likely to grow to (880.7 K).

	2021	2022	2023	2024 (projected)
Gross Profit	2.5M	3.0M	2.9M	3.6M
Total Revenue	5.6M	5.5M	5.7M	8.5M

Gross Profit Total Revenue

Advent Wireless fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Short Term Investments	Inventory	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Long Term Investments	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Non Current Liabilities Total	Short Long Term Debt	Short Term Debt	Intangible Assets	Common Stock Shares Outstanding	Other Current Assets
Total Assets		0.68	0.33	0.89	0.08	0.85	0.2	0.41	0.5	0.33	0.3	0.41	0.36	0.93	0.71	0.5	0.64	0.74	0.61	-0.43	-0.2	-0.35	-0.18	-0.48	0.71	0.6
Other Current Liab	0.68		0.63	0.43	0.02	0.43	0.45	0.46	0.53	0.54	0.1	0.46	0.61	0.55	0.32	0.76	0.61	0.77	0.81	-0.65	-0.57	-0.48	-0.47	-0.8	0.32	0.49
Total Current Liabilities	0.33	0.63		-0.14	-0.64	-0.19	0.97	0.82	0.21	0.9	-0.48	0.47	0.99	0.27	0.36	0.86	0.62	0.74	0.83	-0.83	-0.64	-0.82	-0.82	-0.84	0.36	0.71
Total Stockholder Equity	0.89	0.43	-0.14		0.39	0.99	-0.26	0.02	0.46	-0.08	0.58	0.23	-0.11	0.82	0.58	0.13	0.38	0.42	0.26	-0.08	0.05	0.04	0.19	-0.12	0.58	0.3
Net Tangible Assets	0.08	0.02	-0.64	0.39		0.48	-0.76	-0.55	0.06	-0.55	0.39	-0.35	-0.6	0.07	-0.48	-0.46	-0.45	-0.3	-0.46	0.52	0.51	0.57	0.7	0.42	-0.48	-0.66
Retained Earnings	0.85	0.43	-0.19	0.99	0.48		-0.31	-0.02	0.47	-0.11	0.59	0.19	-0.17	0.77	0.47	0.11	0.33	0.4	0.22	-0.06	0.08	0.09	0.21	-0.08	0.47	0.21
Accounts Payable	0.2	0.45	0.97	-0.26	-0.76	-0.31		0.85	0.16	0.91	-0.54	0.45	0.95	0.15	0.33	0.82	0.56	0.67	0.76	-0.83	-0.61	-0.83	-0.87	-0.74	0.33	0.71
Cash	0.41	0.46	0.82	0.02	-0.55	-0.02	0.85		0.47	0.94	-0.25	0.65	0.83	0.22	0.38	0.89	0.7	0.86	0.81	-0.86	-0.43	-0.92	-0.82	-0.76	0.38	0.79
Other Assets	0.5	0.53	0.21	0.46	0.06	0.47	0.16	0.47		0.41	0.63	0.6	0.17	0.17	0.3	0.61	0.44	0.66	0.62	-0.61	-0.42	-0.47	-0.46	-0.57	0.3	0.5
Net Receivables	0.33	0.54	0.9	-0.08	-0.55	-0.11	0.91	0.94	0.41		-0.3	0.58	0.88	0.19	0.3	0.9	0.62	0.8	0.84	-0.87	-0.61	-0.84	-0.83	-0.83	0.3	0.75
Short Term Investments	0.3	0.1	-0.48	0.58	0.39	0.59	-0.54	-0.25	0.63	-0.3		0.21	-0.52	0.13	0.27	-0.11	0.04	0.01	0.05	0.11	-0.11	0.27	0.23	-0.02	0.27	0.09
Inventory	0.41	0.46	0.47	0.23	-0.35	0.19	0.45	0.65	0.6	0.58	0.21		0.43	0.19	0.46	0.7	0.7	0.69	0.74	-0.61	-0.5	-0.58	-0.54	-0.74	0.46	0.71
Total Liab	0.36	0.61	0.99	-0.11	-0.6	-0.17	0.95	0.83	0.17	0.88	-0.52	0.43		0.32	0.35	0.83	0.62	0.74	0.8	-0.79	-0.53	-0.83	-0.77	-0.8	0.35	0.68
Total Current Assets	0.93	0.55	0.27	0.82	0.07	0.77	0.15	0.22	0.17	0.19	0.13	0.19	0.32		0.72	0.28	0.47	0.52	0.44	-0.24	-0.11	-0.16	0.0	-0.31	0.72	0.49
Common Stock	0.71	0.32	0.36	0.58	-0.48	0.47	0.33	0.38	0.3	0.3	0.27	0.46	0.35	0.72		0.39	0.61	0.51	0.58	-0.42	-0.41	-0.36	-0.32	-0.44	1.0	0.83
Property Plant Equipment	0.5	0.76	0.86	0.13	-0.46	0.11	0.82	0.89	0.61	0.9	-0.11	0.7	0.83	0.28	0.39		0.76	0.93	0.95	-0.94	-0.67	-0.86	-0.87	-0.9	0.39	0.78
Long Term Investments	0.64	0.61	0.62	0.38	-0.45	0.33	0.56	0.7	0.44	0.62	0.04	0.7	0.62	0.47	0.61	0.76		0.83	0.78	-0.61	-0.37	-0.66	-0.57	-0.72	0.61	0.75
Non Current Assets Total	0.74	0.77	0.74	0.42	-0.3	0.4	0.67	0.86	0.66	0.8	0.01	0.69	0.74	0.52	0.51	0.93	0.83		0.9	-0.87	-0.46	-0.82	-0.72	-0.81	0.51	0.78
Non Currrent Assets Other	0.61	0.81	0.83	0.26	-0.46	0.22	0.76	0.81	0.62	0.84	0.05	0.74	0.8	0.44	0.58	0.95	0.78	0.9		-0.9	-0.77	-0.78	-0.8	-0.96	0.58	0.87
Long Term Debt	-0.43	-0.65	-0.83	-0.08	0.52	-0.06	-0.83	-0.86	-0.61	-0.87	0.11	-0.61	-0.79	-0.24	-0.42	-0.94	-0.61	-0.87	-0.9		0.71	0.88	0.94	0.81	-0.42	-0.79
Non Current Liabilities Total	-0.2	-0.57	-0.64	0.05	0.51	0.08	-0.61	-0.43	-0.42	-0.61	-0.11	-0.5	-0.53	-0.11	-0.41	-0.67	-0.37	-0.46	-0.77	0.71		0.4	0.69	0.77	-0.41	-0.66
Short Long Term Debt	-0.35	-0.48	-0.82	0.04	0.57	0.09	-0.83	-0.92	-0.47	-0.84	0.27	-0.58	-0.83	-0.16	-0.36	-0.86	-0.66	-0.82	-0.78	0.88	0.4		0.88	0.74	-0.36	-0.72
Short Term Debt	-0.18	-0.47	-0.82	0.19	0.7	0.21	-0.87	-0.82	-0.46	-0.83	0.23	-0.54	-0.77	0.0	-0.32	-0.87	-0.57	-0.72	-0.8	0.94	0.69	0.88		0.74	-0.32	-0.72
Intangible Assets	-0.48	-0.8	-0.84	-0.12	0.42	-0.08	-0.74	-0.76	-0.57	-0.83	-0.02	-0.74	-0.8	-0.31	-0.44	-0.9	-0.72	-0.81	-0.96	0.81	0.77	0.74	0.74		-0.44	-0.78
Common Stock Shares Outstanding	0.71	0.32	0.36	0.58	-0.48	0.47	0.33	0.38	0.3	0.3	0.27	0.46	0.35	0.72	1.0	0.39	0.61	0.51	0.58	-0.42	-0.41	-0.36	-0.32	-0.44		0.83
Other Current Assets	0.6	0.49	0.71	0.3	-0.66	0.21	0.71	0.79	0.5	0.75	0.09	0.71	0.68	0.49	0.83	0.78	0.75	0.78	0.87	-0.79	-0.66	-0.72	-0.72	-0.78	0.83

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Advent Wireless Account Relationship Matchups

Advent Wireless fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	21.1M	20.2M	19.2M	17.1M	17.3M	15.9M
Other Current Liab	835.4K	805.9K	651.0K	682.7K	614.4K	882.2K
Total Current Liabilities	2.3M	2.3M	2.7M	2.4M	2.5M	2.5M
Total Stockholder Equity	18.4M	17.5M	16.3M	14.6M	14.2M	13.3M
Net Tangible Assets	19.4M	18.4M	17.0M	15.9M	18.3M	18.7M
Retained Earnings	13.6M	12.6M	11.3M	9.7M	9.3M	9.3M
Accounts Payable	1.4M	1.3M	1.7M	1.4M	1.2M	1.5M
Cash	9.6M	10.0M	9.2M	6.4M	9.0M	8.6M
Other Assets	1.8M	1.1M	1.3M	983.1K	884.8K	1.4M
Net Receivables	1.0M	848.3K	1.0M	593.0K	811.7K	1.2M
Short Term Investments	5.3M	4.0M	4.0M	6.1M	2.0M	1.9M
Inventory	107.3K	140.5K	540.7K	69.8K	33.2K	31.6K
Total Liab	2.7M	2.7M	2.9M	2.4M	3.0M	2.6M
Total Current Assets	17.9M	17.0M	16.4M	15.5M	15.2M	13.3M
Property Plant Equipment	887.8K	966.1K	851.8K	621.3K	559.2K	1.0M
Non Current Assets Total	3.2M	3.2M	2.8M	1.7M	2.1M	2.5M
Non Current Liabilities Total	336.5K	438.3K	343.8K	23.4K	484.9K	279.4K
Intangible Assets	4.0K	1.5K	450K	323.7K	372.3K	390.9K
Net Invested Capital	18.6M	17.7M	16.5M	14.8M	14.3M	13.6M
Net Working Capital	15.6M	14.7M	13.8M	13.1M	12.7M	11.4M

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